Winning Real Money for Free with No Deposit
In the online casino world, you often have to spend money to make money, which comes as 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, 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; 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 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 money you can spend on the games within the online casino. It works the same way as if you were to deposit and use this money to play games, but you can use it immediately.
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 to withdraw if 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 by signing up for an account for an online casino so you can activate the offer. Sometimes, you must sign up for the offer if you already have an account.
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 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 deposit to activate your bonus, you might still need to spend cash to get your winnings. 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 several credits that you can use to play your favourite games. However, this doesn’t always mean you have to spend your cash.
It all depends on who the offer is aimed at. For example, if the no deposit bonus is being promoted to existing accounts, you can 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 actually to activate the bonus in the first place.
Benefits of no deposit bonuses
There are many benefits of no deposit bonuses, so 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 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 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, so you can’t withdraw your winnings immediately.
- You have to wager your winnings which sometimes means you have to spend some of your 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. You must review sections in the terms and conditions, such as the wagering requirements, to ensure you claim 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 with a no deposit bonus and sign up for an account.
- Depending on the casino, you may have to contact 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 must 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.
It would be best if you were given your new balance of the no deposit bonus, which you can either withdraw the winnings or use on other games on the site.
Many people get slightly confused about 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 to withdraw them.
All UK online casinos are responsible for providing 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 can take home your winnings and some real money.
But will you 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 can take home a small amount, as once you have wagered the cash, you aren’t often left with a large amount.
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 money, but it comes 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.
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