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As the online casino industry becomes increasingly popular and competition between brands continues to rise, brands must go out of their way to gain a unique audience and grow. Although sites usually have a set of different games that appeal towards a certain demographic, there is really only one other element that truly sets them apart: the bonuses.
Whilst it may appear that online casinos hold all the cards, they are only as popular as they are enjoyable. This is why many aim to create exclusive, exciting bonuses, giveaways and promotions for their players, to stop them heading somewhere else. One of the newest promotions that online casinos have come to embrace is the No Deposit Bonus. Today, we thought we’d take a look at how No Deposit Bonuses work, and how you can figure out which one is worth your time.
What Is A No Deposit Bonus?
A No Deposit Bonus is pretty self-explanatory, or at least it is if you’ve played at online casinos before. Whilst you would usually have to make your own deposit to start earning bonuses from an online casino, a No Deposit Bonus will be credited to your account as soon as you register with an email address.
These No Deposit Bonuses have become increasingly popular amongst online casino brands and their players, as they allow new members to experience a site without spending a penny. For example, mFortune offers new players a £5 online slots no deposit bonus in exchange for signing up, thus encouraging newbies to take a look around the site to see what’s available and find their favorite games before they spend a single dime.
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What Are Wagering Requirements?
Of course, as with any bonus, one must always be aware of wagering requirements. Though seasoned casino players will no doubt be all too familiar with these tricky rules, they may take newer members aback. Simply put, a wagering requirement is the amount of money you must wager at a casino before you can eventually withdraw your winnings from your casino account.
Fortunately, there is a trick to figuring out whether a no deposit bonus – or any other bonus for that matter – is worth your time. No wagering requirement can be above 100x the original bet, so bear in mind that the higher a wagering requirement is out of 100 the less likely you are to make any sort of profit. If the wagering requirement is 2x then chances are you’ll be able to make it, especially if the bonus was meager to begin with. However, if it’s above 50x then it’s best to find somewhere else.
The first step to finding anything on the internet is using a search engine, so just search for sites with No Deposit Bonuses. If you’ve come across a site you like but doesn’t offer a particularly great No Deposit Bonus, or worse still one that doesn’t offer one at all, then you need to check the site’s affiliates. These sister sites may be running exclusive No Deposit Bonuses, hence why the first site you visited was a little lackluster.
Now you know everything you need to know about No Deposit Bonuses, you can head out into the world of online casinos and find which brand is best for you. Plus, since you won’t be spending a dime to play, you can visit as many sites as you please before you settle on the one that makes you feel like a winner.