How do No Deposit Bonuses work?
The online gambling industry is extremely competitive and with new operators entering the market every month, bookmakers and online casinos have to work hard to attract new customers.
One of the most common ways they try to do this is by offering bonuses. Most casino sites will offer some type of bonus when you register a new account with them, and many provide promotions, deals and offers throughout the time you use the site.
The biggest bonuses tend to be those offered as welcome promotions, but while these are usually in the form of deposit match offers, you will sometimes come across the No Deposit Bonus, a rarer but popular type of bonus offer. So what exactly is a No Deposit Bonus and how does it work?
What is a No Deposit Bonus?
With most bonuses, you are required to either make a deposit or make a bet. A common bonus is the deposit match promotion, which pays you a certain percentage of your deposit or your bet in the form of free bets. The percentage can be up to 100%, though the total amount will be capped.
A No Deposit Bonus is different in that it does not require you to make a bet or a deposit. It is something that you can claim without risking any real money. Obviously, this makes it a very popular form of bonus among online casino visitors and sports betting customers.
This form of bonus is typically awarded for a lower amount than most traditional deposit bonuses, and takes the form of either a free bet amount to be used in specified markets or free spins on a slot game, which is usually a specific title. While No Deposit Bonuses are sometimes found as welcome offers for new casino customers, they can also be offered to regular customers, as a reward for continued use of the site or to promote a particular event, market or game.
How do I claim a No Deposit Bonus?
The method of claiming your No Deposit Bonus will vary according to which site you are using, but generally, there are two standard ways of receiving one.
The first is the automatic account credit. In this case, the bonus will be credited to your account automatically. If you are a registered customer who is entitled to a No Deposit Bonus you will simply find it on your account the next time that you log in, or if you are signing up to the site for the first time, the No Deposit Bonus will be credited to your account when you complete the registration process.
The second option involves the use of promo codes. A promo code is a set of numbers and letters that you can enter into the relevant section of a site, which will automatically trigger the bonus. Most typically, promo codes are used at the time when you sign up to a new account. At some point in the process, you will be given the chance to input your code and when this is done, you will receive your bonus. The codes are usually found either on the betting site in question or on an affiliate site.
Look out for terms and conditions
All bonus offers come with terms and conditions and the No Deposit Bonus will have a number of rules attached, though the precise details will vary according to which site you are using. It is important to be aware of these conditions and to look through them carefully, so that you can be sure that the bonus is right for you and in order to avoid disappointment and frustration later on.
Common conditions include the wagering requirement, which means you need to wager the amount of the bonus a certain number of times before you can withdraw any winnings, and time limits on when you can use your bonus. You may also find conditions relating to which type of casino game counts towards the wagering requirement, maximum winnings and restrictions on which game you can play.
How should I use a No Deposit Bonus?
The important factor to remember here is that the No Deposit Bonus is offered by the casino or sportsbook to attract and retain customers. The aim of the bonus is usually to get you to sign up to the site. While the No Deposit Bonus can be a handy way to boost your enjoyment of a particular site, you should only take up this kind of bonus offer if you are fully aware of all of the relevant terms and conditions that go with this kind of entertainment.