Winning Real Money for Free with No Deposit
In the online casino world, you often have to spend money to make money, which comes in the form of a deposit bonus. This is when the casino will offer you free money to play with, but you have to put money into your account before you activate it. It can seem frustrating, especially when you want to start without spending anything.
Luckily for you, there are ways you can win real money without ever making a deposit. And this is possible because of no deposit bonuses. They provide money or free spins, and you can cash out without putting a penny in your account.
Here’s all you need to know about winning real money with a no deposit bonus.
What is a no deposit bonus?
A no deposit bonus is the crown jewel of the online casino world, and you want to grab them immediately if they are ever offered. They are exactly what the name suggests: casino bonuses that don’t require a deposit to activate them. While they are typically smaller than deposit bonuses, they provide an opportunity to win money without putting anything in.
Although you don’t have to make a deposit with these bonuses, they still tend to come with terms and conditions, such as how many times you need to wager the bonus before withdrawing.
There are three different types of no deposit bonuses:
A cash bonus is one of the most common no deposit bonuses and comes in the form of actual money you can spend on the games within the online casino. It works the same way as if you were to make a deposit and use this money to play games, but you can just use it straight away.
When you win any extra cash by using this bonus, you will still need to wager it a certain amount of times, which will depend on the terms of the bonus, to be able to withdraw the real money.
Free spins are probably the most popular no deposit bonus amongst online casino players. It provides you with spins that you don’t have to pay for that you can use on some of the best slot titles at the time. They are often released to try and advertise new releases, giving you a chance to try out games you haven’t played before.
Free plays are the newest forms of no deposit bonuses. These free plays are often rewarded with a time limit. For example, you may be offered 100 free chips that you can use within a 60-minute window. Once the time is up, your winnings will be converted into real money for you to withdraw as long as you meet the wagering requirements.
How do no deposit bonuses work?
How a no deposit bonus works is extremely easy to understand. You often start off by signing up for an account for an online casino so you can activate the offer. Sometimes, if you already have an account, you just need to sign up for the offer.
The amount of bonus cash or free spins offered will depend on the online casino you’re using, but they aren’t often that high. You will most likely find a bonus with an amount of £5 or £10. However, it is often the case that these bonuses aren’t necessarily completely free, so you need to keep an eye on the terms and conditions.
While you don’t need to make a deposit to activate your bonus, you still might need to spend some of your own cash to get your winnings in the end. This is because the bonuses come with wagering requirements that must be met before you can withdraw any real cash.
Meeting wagering requirements may be slightly confusing for newbie gamblers, but once you’ve done it a few times, you’ll understand it completely. Often, you will need to build up a number of credits that you can use to play your favourite games. However, this doesn’t always mean you have to spend your own cash.
It all depends on who the offer is aimed at. For example, if the no deposit bonus is being promoted to existing accounts, then you can simply use your bankroll to meet the wagering requirements. However, a no deposit bonus may not be free if you don’t have an existing bankroll or your bankroll doesn’t count towards the wagering requirements.
If you don’t have a viable bankroll for the requirements, that is when you may have to deposit some of your own money so you can withdraw your winnings. But you don’t need this to actually activate the bonus in the first place.
Benefits of no deposit bonuses
There are many benefits of no deposit bonuses, which is why they are a fan favourite amongst online casino players.
Some of the biggest benefits include the following:
- You don’t need to spend your own money and make a deposit to activate the bonus;
- If you’re a new gambler and not ready to spend money yet, a no deposit bonus allows you to test out games first;
- There are no risks of losing your own money when playing new games;
- The rollover requirements of a no deposit bonus are often less strict than other offers;
- A no deposit bonus is a good way for you to build your bankroll.
Disadvantages of no deposit bonuses
While no deposit bonuses are a fantastic thing to use on online casinos, they do come with their downfalls. Here are a few of the disadvantages of using a no deposit bonus:
- The bonus amounts are often much smaller than a deposit bonus. You will rarely find a no deposit bonus with a combined value of over £40.
- No deposit bonuses aren’t available very often, and they are the hardest type of offer to find on online casinos.
- Most of these bonuses have a waiting period which means you can’t withdraw your winnings straight away.
- You have to wager your winnings which sometimes means you have to spend some of your own money.
How to claim a no deposit bonus
While you can sometimes receive a no deposit bonus if you already have an account with an online casino, most of the time, you have to sign up for an account to receive it as part of a welcome offer. There are also sections in the terms and conditions you need to go over, such as the wagering requirements, to ensure you are claiming the bonus correctly.
Here is what you have to do to claim a no deposit bonus as a new player:
- Find an online casino with a welcome offer that includes a no deposit bonus and sign up for an account.
- Depending on the casino, you may have to get in contact with customer service to let them know you want to receive the no deposit bonus.
The customer service reps may automatically activate the bonus on your account, or you’ll be given an alphanumeric bonus code that you need to input. You will have to also put the code in if you have received it via an affiliate site.
Ensure you’ve met all the bonus conditions, such as the wagering requirements.
You should then be given your new balance of the no deposit bonus, which you can either withdraw the winnings of or use on other games on the site.
Many people get slightly confused when it comes to no deposit bonuses and winnings. Are you able to keep these winnings once you’ve won them? The simple answer is yes, but there are a few hoops you’ll have to jump through so you can withdraw them.
All UK online casinos have a responsibility to provide their players with the no deposit bonus once they have met all the terms and conditions. This often means that once you’ve met all the wagering requirements, you’ll be able to take home your winnings and some real money.
But will you actually make any winnings from a no deposit bonus? Yes, you can, but don’t expect to come home a millionaire from one of these offers. You will be able to take home a small amount, as once you have wagered the cash, you aren’t often left with a large amount.
The main thing is you will be able to increase your bankroll, which you can then use on other games and potentially bring home even bigger winnings. So it is always recommended to do this rather than try and withdraw the £10 you won from a no deposit bonus.
No deposit bonuses are a great way to bring home some real cash without spending any of your own money, but it does come with complications. Sometimes you do have to spend a little something, and other times the amount you win might not be worth withdrawing. However, they are still beloved by players and a fantastic way to try out new games and increase your bankroll.
England at the 2022 World Cup Preview
It’s that time again. Time for anticipation, excitement, and trepidation. Time for expectations to rise,…
4 Tips to Help You Safely Manage Your Online Casino Budget
Growing up, we constantly heard our parents' advice: be careful with your budget! But how…
What You Need to Know About Gambling on Twitch
It seems that technologies and all kinds of online entertainment are evolving every day more…
Top Summer Slots to Play in 2022
What crosses your mind when you think about summer? I bet you reckoned your previous…
The THREE most popular casino games in the UK
It's no surprise that casino games are hugely popular in the UK. With a rich…
Casino Bonuses in 2022 – Claim Them or Not?
The gambling industry is booming, and it looks like it's only going to get bigger…