The Benefits of No Deposit Bonuses
Of course, this doesn’t mean that the bonus doesn’t have its perks. After all, which player wouldn’t like getting something for free? Most casinos give the bonus once you sign-up. Others require fulfilling a few steps before the money is added to your account.
Some will offer a tiny amount ($5-$10), while other casinos offer a more substantial amount. However, there is an incentive of claiming the bonus and playing with free money. But, it does have a few negative sides as well.
The most obvious benefit of this bonus is the chance to play without the fear of losing your own money. If you’re wondering why casinos offer this kind of bonus, it’s a marketing trick. By giving you free money to play with, casinos are sure that players will eventually become regular visitors. That means more money for the house. Another great benefit is that most players choose to try a riskier and unfamiliar game with the no deposit bonus instead of spending their own money on it.
What are the Disadvantages of the No Deposit Bonus?
And, although there are obvious benefits of the no deposit casino bonus, there are many negative sides as well. The biggest mistake most players make when getting any kind of casino bonus is not reading the terms and conditions. All casino bonuses are subject to T&Cs which should be read before you get the bonus.
For example, most casinos allow you to claim the bonus only after a certain number of wagers. Others allow you to play it on certain games only. Of course, there’s a maximum cap set on the amount of money that can be wagered with the bonus. So if you were planning on winning thousands, you’ll have no such luck with a no deposit bonus.
Even if you win something, you might have some problems cashing out. Many casinos require you to place a certain number of bets before you can withdraw your winnings. This can range anywhere from 10 to 50 wagers. This means that much time can pass before you see the benefits of the no deposit bonus. At the same time you’ll be spending a huge amount of money at the casino. Remember most of the time the house wins in the end.