First Things First – How to Qualify for No Deposit Bonus
Requirements for such a bonus can vary from one offer to another. That is why we recommend reading the terms in advance. For the most common type of no deposit bonuses, you need to register an account with the online casino. These signup bonuses are easy to claim and often promote a popular slots game. For example, an online casino can give new players 20 free spins on Book of Dead after signing up. Once you register, you need to start the game to activate the free rounds.
Casinos that offer the reward in chips will usually add the amount to the bonus balance right away. You can then use the amount to bet on different games.
No deposit bonuses from other promotions can be a bit trickier to land. Operators can offer exclusive bonus codes for frequent players. You will need to activate the coupon to receive the perks. In other cases, users must opt-in for the current promotion and complete gaming tasks. Loyalty programs can award bonuses when reaching a new level, gifts on your birthday, and more. Various bonuses are waiting if you know where to look, and they are usually easy to claim.
Exploit the Benefits
The benefits are pretty clear when it comes to no deposit bonuses. Players receive a few spins or some extra funds for free. When it comes to sign-up offers, the best way to exploit them is to register on multiple sites. With so many deals available, users get multiple chances at winning a decent amount. You can sign up with one casino, claim the bonus, and try your luck. If you don’t win much, try at another casino. You might get lucky and win enough to meet the wagering requirement and cash out the winnings.
You Can’t Just Withdraw the Free Money From the Bonus
Of course, casinos aren’t just giving away free money left and right. This is also true when it comes to most bonuses. Players cannot withdraw the funds they receive, and in most cases, they can’t cash out the direct winnings either. Each offer comes with terms and conditions as operators aim to persuade players to bet.
Read the Fine Print
Casino bonuses will often appear in large ads with bright colors and impressive numbers. However, this is just a part of the story. To get all the details, we recommend reading the terms and conditions carefully. It is where operators will present the eligibility terms, the restrictions, the wagering rates, and more. While it can be tedious, it can prevent issues down the road. We also recommend checking out casino reviews that describe the bonus in detail.
Pay Attention to the Wagering Requirements
We mentioned bonus wagering requirements a few times before. It’s a common condition with casino offers that require the player to bet a certain amount before withdrawing. Most bonuses will have wagering requirements, and the rate can range from 10x to 60x. A lower rate is easier to meet and thus makes the promotional deal better for the player.
For cash bonuses, the rate applies to the received amount. When it comes to free spins, the winnings must be wagered accordingly. So, if you get 20 free spins and win $5, the wagering requirement applies to that $5 sum.
Do the Wagering Requirements Math
Once you read and understand the wagering requirements, it is easy to do the math. Let’s say that we have a $20 no deposit bonus with a requirement of 35x. It means that you have to bet $20 x 35 = $700 before you can withdraw from the balance.
That’s the betting amount and not the winning amount. So, if you are playing slots and bet $0.50 per spin, the wagering requirement is met after 1,400 spins. Whatever winnings you have are yours.
What About the Cash-Out Limits
Another term to look for is the winnings limit. This is the maximum that players can win from the respective casino bonus. Cash-out limits are common for no deposit offers and not that frequent for deposit bonuses. Either way, we recommend checking the terms to make sure of any limits in advance. The standard maximum limit for a deal of 20 free spins is $100.
Game Weighing
In most cases, not all games will count the same when betting. For example, while bets on slots may contribute to the rate, betting on blackjack will not. Some gaming options will only contribute a portion of the wager. For example, only 10% of bets on video poker will count for the total wagering requirement. The actual rates depend on the casino and the bonus. Some may even exclude certain slots from the list due to their high payout rates. These details make reading the terms even more important. You wouldn’t want to play on an excluded game and forfeit the bonus accidentally.
No Deposit Bonus vs. Deposit Bonus
It is always important to review all of the available offers before claiming one. In some cases, players who claim a no deposit bonus are not eligible for a deposit bonus – resulting in an overall loss since the first deposit bonus is generally a lot more profitable. It also depends on your bankroll and how you want to use bonuses.
A no deposit bonus is small, usually worth less than $20. Most offers in this category are only worth 20 free spins, or $2 total. By comparison, a standard 100% deposit bonus match of up to $100 is massive. While this depends on your payment, it still doubles the starting bankroll.
In the best-case scenario, the operator gives new players both a sign-up bonus and a first deposit bonus. Just make sure to read the terms to see if this is the case before jumping in. If it is not, choose the one that provides the most value for you.
Daddy’s No Deposit Bonus Clash
Daddy’s bonus clash brings forward two different no deposit bonuses that can be pretty profitable.
The first one is at Miami Club Casino. Here, members of the Miami Club are eligible for a $20 bonus every month. You need to go to the cashier and activate the instant coupon MIFREE20. Keep in mind that this is only available for players who deposited at least $25 in the past. After claiming the no deposit bonus, you must complete a wagering requirement of 40x to withdraw. Roulette and baccarat are excluded from the offer.
The contender is 21.com, which gives away free spins on Saturdays and Sundays. The spins amount to 2x 21 for those who log on the weekend. The spins are for the Great Rhino Megaways, come with 50x wagering requirements. Additionally, players can play this week’s featured game with additional spins.
So, which is the better bonus? Well, each one comes with advantages and disadvantages. The Miami Club offer is larger and has better wagering terms. However, it is harder to claim since players already have to be members. While the bonus itself doesn’t require a deposit, users have to add at least $25 to join the Club. As for 21.com, this is much easier to claim. You need to register and make a deposit from Monday to Friday. The downside is that you have to deposit throughout the week, but the additional weekly promotion requires only a deposit in the last 3 months. However, the number of spins isn’t specified.
In conclusion, Daddy recommends new players register with 21.com and claim the offer. It is free and can result in a decent amount with a bit of luck. If you plan to play for a longer time, Miami Club Casino has monthly no deposit bonuses.
History of No Deposit Bonuses
In the early days of online casino gaming, operators had large bonuses with few restrictions. The offers were designed to get players through the door and check out online betting. With direct bonuses being unheard of in the land-based sector, the promos made casino sites more appealing.
It also helped that the rewards didn’t come with complex terms, like restricted games. Smart gamblers could stick to high-RTP slots and benefit from minimum risk. For example, a $100 bonus with a 20x wagering requirement is easy to clear on a 98% slot. The expected value here is of $100 x (100% – 20 x 2%) = $60.
All of this meant that players could quickly get some extra funds, bet on the games, and win. Then, users can choose to keep playing or cash out the winnings.
Exploding in Popularity
The best thing about casino bonuses ultimately became their weakness. The offers were so good that players started to hunt and abuse them. As the online casino industry grew, more and more players found the benefits of bonuses. They began to search for the best deals, clear them, and withdraw the winnings. As a result, casino operators lost money without gaining customers, which wasn’t sustainable.
Bonus Hunting Changed the Game
Casino operators kept adding restrictions and more conditions to ensure that players don’t just take the money and leave. Eventually, aggressive bonus hunting changed the standards in the industry.
Today, most bonuses have high wagering requirement rates. Also, almost all casinos have excluded games. It means that players can no longer use slots with RTPs of around 98% to meet the terms. Instead, they have to settle for slots with lower payout rates, which means worse results.
Let’s take a standard $100 bonus with a 40x wagering requirement and excluded games to visualize this best. If you opt for a slots game with an RTP of 97%, the expected value is $100 x (100% – 40 x 3%) = -$20. In other words, you will most likely lose the bonus before you even get close to the wagering volume required. Of course, luck plays a big role in the short term, and there is always the possibility of making a profit.
Daddy’s Tips on Maximizing Your Chances To Win With the Bonus
Although bonuses aren’t as good as they once used to be, they can still be profitable. However, players have to do a bit more work. Here is where Daddy’s experience with casino bonuses comes in. The following tips and tricks can help you collect more winnings from promotional offers.
Play Casino Games With a Lower House Edge
The house edge is the advantage that the casino has with a particular game. You can calculate it by subtracting the RTP from 100%. As a player, you have a better chance of winning when you play games with a lower house edge. Games like baccarat, blackjack, and European roulette are some of the best options.
When it comes to casino bonuses, however, most games with a high RTP are excluded. The good news is that you can still pick the games with the best results from the available list. In most cases, you will have to bet on slots to meet the wagering requirement. Furthermore, popular slots with a low house edge will most likely not be included. So, you will have to pick eligible slots that still have a good RTP, preferably over 96.50%.
Play Low Volatility Slots With Higher RTP
The RTP we covered before is just half of the story. The other half is the volatility of the game. This represents the frequency of payouts that the game awards. A slots machine with high volatility will generally award large wins on rare occasions. To maintain a healthy balance while clearing bonuses, we recommend low volatility slots. These are games that offer frequent wins, albeit not that impressive. The steady source of income will allow you to bet more and thus complete the wagering requirement.
Unfortunately, not all online slots developers list their volatility levels. The best way to find the right games is to check out game reviews or seek official information. Ideally, you will want a slots game with a high RTP and low volatility when clearing casino bonuses.
Do Your Research – Find Larger Bonuses
Of course, not all bonuses are equal. Offers can depend on the casino, your location, and the current promotional campaigns. That is why it is essential to do some research before jumping in. You will also want to find a bonus that best meets your requirements. If you only plan on depositing $100, there is no reason to look for offers that can go up to $500. Instead, look for a better percentage match or extra perks, like free spins.
It can be a tedious task to do this yourself, so we recommend turning to the experts. Daddy has a complete list of bonus offers for users to choose from. It is a great way to review multiple deals and pick the right ones quickly.
Seek Out for Reasonable Playthrough Requirements
Probably the biggest factor to consider when picking a bonus remains the playthrough requirement. It can vary quite a bit and determine how much players need to risk to clear the amount. Ideally, we would recommend no deposit bonuses without wagering requirements. However, these aren’t always easy to find.
For deposit bonuses, you might not want anything above 50x. A 30x rate is preferable, and you can still find it at some casinos. Also, make sure to check the period in which you need to complete the playthrough requirement. The standard is of 30 days, but some casinos can have different terms.
The Higher The Win Limits – The Better
Last but not least, consider the win limits. No deposit bonuses, in particular, can come with low limits on the winnings you can get. This can limit its profitability if you land a great winning streak.
For deposit bonuses, the best offers don’t have win limits. Some restrictions can impose a maximum limit of 10x the bonus. Of course, this makes the offer less appealing. It is worth checking in advance when selecting the right bonus.
Final Thoughts
The truth is that there are still plenty of awesome casino bonuses out there. You have to work a bit harder to find them and benefit from them. Experience can play a big role since players need to know what to look for. This guide highlights the main aspects of a good casino bonus, making sure that you get all the details. If you are not up for it, you can trust Daddy’s recommendations and easily claim the best bonuses.
FAQ
Are my winnings guaranteed when I use a no deposit bonus?
You aren’t actually guaranteed that you will win since there is a slight chance that you lose on every spin. Most likely, however, you will win something; maybe not a massive amount but something. On average, 20 free spins can land you a few bucks.
Is it possible to win with high volatility bonus hunting?
Yes, you can win with this strategy. It depends on your luck and how much you are willing to try. The idea is that you get a bonus and play high volatility slots in search of big wins. If successful, the amount will sustain you as you complete the wagering requirement.
Does a bigger no deposit bonus mean a bigger win?
Generally, yes. Of course, you can always get lucky and win big from just one spin. However, a more significant no deposit bonus gives you more spins and thus more chances of winning.
Can I use the no deposit bonus on all casino games?
That depends on the bonus. Some no deposit offers consist of free spins for selected slots, and you can only play those. Even when it comes to cash bonuses, there can be restrictions on the types of games you can play. Make sure to read the terms before you bet.
Are there no deposit bonuses for existing players?
Quite a few online casinos offer no deposit bonuses for their active players as extra rewards. These can be part of special promotions, perks from loyalty programs, or just exclusive bonus codes.
What is the expected value of the winnings with the no deposit bonuses?
It depends on the size of the bonus. For a $10 no deposit bonus, you can expect to win around $7-$8. For 20 spins of $0.10 each, the expected return is closer to $1-$2.