Restrictions on receiving and wagering a no deposit bonus
As the name should be clear by now, you get a free bonus without having to make a deposit. Yes, it's that simple, but you should keep in mind a few important things so that your expectations are met and you do not violate the terms and conditions of the casino:
1. If you receive a free bonus or freespins, the amount of the bonus or winnings from free spins will need to be wagered a certain number of times, usually an average of 40-60 times, before you can request withdrawal. For clarity, let's break down both options:
- No deposit bonus - let's say you received a free registration bonus of 5 euros with a mandatory wagering requirement of x50 times. That means that you must wager at least €250 (€5x50) to claim the full wagering bonus before you can request a casino cashout.
- Non-deposit freespins - You get 25 freespins from which you can win e.g. €7.92 and the wagering conditions are x40 times. Thus, for a further withdrawal you will need to bet a minimum of 316.80 euros (€7.92x40), after which you can withdraw the honestly earned and wagered bonus.
Taking into consideration that the average payout of a slot machine (RTP) per player is 95%, only a small part of players will still manage to make the required number of bets and successfully win back the bonus before the money runs out on their balance. But that's okay, because it's a free bonus, and you absolutely do not risk anything.
2. You might also be limited to a maximum bet amount of €5 when wagering, so don't violate any casino rules or you might not get your winnings back even after the bonus has been recouped.
3. No deposit bonuses are usually subject to a maximum winnings limit. This means that if you smile and you win EUR 1,000, and the limit on the winning is EUR 50, you can withdraw only those 50 euros from the casino and the rest will be burned.
4. On the payment of winnings, most likely, there will be one additional and very common requirement to make a deposit, where you need to use the same payment method, where you want to withdraw your winnings further. This is necessary for the casino to receive your online wallet data or bank account details for the reverse transaction.
5. The free bonus can be credited only once and only to one player from the used computer or cell phone. This is done so that players do not abuse the generosity of the casino and do not create a huge number of gaming accounts for all relatives, neighbors and friends.