A No-Fuss Guide on How to Convert Your No Deposit Bonus Into Real Money

In the world of online gambling, finding the right casino for you can be a daunting task and with a new online casino popping up seemingly every other month following the Covid-19 boom, it can be difficult to know where to start from. That’s where no deposit bonuses come in. No deposit bonuses offer players a great opportunity to test drive casino offerings without having to commit.

That’s not all! No deposit bonuses also offer players the opportunity to stretch their bankroll further and earn some cash. From free spins to free bets, there is no better way to attract new customers than no deposit bonuses.

No matter how fun the games you’re playing are, we know you wouldn’t want to pass up the chance of winning actual cash. The following guide will shed some light on how to turn that bonus into the much-needed moolah. And, if you’re still on the lookout for some hot bonus deals, whether from the no deposit, match …or any other kind, you need to check out NoDepositRewards – No Deposit Bonus Code Guide – the name speaks for itself, really. You’ll be in for a treat, trust us!

How No Deposit Bonuses Work

As previously mentioned, no deposit bonuses are a fun and exciting way to attract and retain new customers. Think of it as the casino’s gift to you for choosing to create an account, providing a fantastic opportunity for you to test out the casino’s offerings without risking any of your own money.

Not only is this great for experienced players looking for a change, it is also very attractive for new players who are just testing out the casino waters and want to gain some familiarity and feel for the games before committing to a deposit.

From free spins to bonus funds and even cash rewards, no deposit bonuses come in all different shapes and sizes so you are sure to find one that best suits your needs. Each type of bonus comes with its own set of rules and regulations which may vary from casino to casino.
Maximise your earning potential by looking out for these common no deposit bonus T&C’s:

Eligibility

First things first, before you get swept up in all the no deposit bonus excitement it is important to see if you are eligible for it. Although these restrictions may vary from casino to casino, it is important for players to read the fine print to avoid any disappointments.

While most no deposit bonuses are tailored to entice new players to sign up to an online casino, they can also be offered as a way to maintain existing players as a reward for their loyalty. Players should also look out for country restrictions, as some no deposit bonuses may be limited to specified regions due to different country gambling regulations.

Wagering Requirements

Wagering Requirements refers to the amount of money that must be wagered before you are allowed to withdraw any bonus earnings. This means that if you use your no deposit bonus and win €5, this €5 could have a wagering requirement of 20x. So in this case, you will need to wager your winnings from your no deposit bonus 20 times, amounting to €100 in value, before you will be able to withdraw the cash.

Game Restrictions

Yes, that’s right. Unfortunately online casinos usually specify which games you are allowed to place wagers on before you can withdraw any earnings from your no deposit bonus. This means that the no deposit bonus may only be for specific slots and may exclude high stakes games. So, any wagers made on games that are not mentioned in the T&C’s will not count towards the wagering requirements.

Validity Period

No matter the casino, all no deposit bonuses come with a specified time frame in which they need to be used before they are no longer valid. This can range from a few hours to several weeks or even months depending on the casino’s terms and conditions of the bonus. If the players do not meet the no deposit bonus requirements within the specified time period then all remaining bonus funds and any subsequent winnings will be forfeited and removed from the players account.

Maximum Withdrawal Amount

Let’s say you managed to meet the wager requirements within the casino’s specified time frame. The next hurdle you will need to be aware of is the maximum withdrawal amount, which refers to the amount of winnings from a no deposit bonus that can be withdrawn. Unfortunately, some casino’s will not allow you to withdraw all your earnings for this type of bonus but will cap it at a certain amount.

So, if you win more than the maximum withdrawal amount, you will need to leave the remaining funds in your casino account or in some cases they may even be forfeited so it is important to always read the T&C’s before signing up to a new casino. Don’t forget maximum withdrawal amounts not only may vary from casino to casino but may also depend on the type of no deposit bonus.