Just like rare celestial sightings, no deposit bonuses are among some of the most elusive yet highly sought-after promotions at online casinos. Gambling operators are always looking for fresh ways to attract new players, and this bonus type has repeatedly proven to be among the most effective. By allowing players to play games for free without needing to commit financially, this bonus type presents the chance to eventually convert these funds into real money that can be withdrawn. Today we’ll be speaking about the various features that are usually included in a no deposit bonus while sharing several insider tips to maximize your win potential – and, if 400 no deposit bonuses and codes are of interest to you (we’re guessing it’s a yes!), you should visit the NoDepositFan website to learn more.
Unpacking the No Deposit Bonus
Before claiming a no deposit bonus, it’s important to be aware of what to look out for when reviewing the terms and conditions related to cash bonuses and/or free spins. Here are a couple of useful points to keep in mind:
Wagering Requirements
Before we talk about anything else, it’s important to understand the concept of wagering when it comes to casino bonuses. This refers to the number of times the bonus needs to be played through before being converted into withdrawable cash. Let’s say you’ve claimed a $10 no deposit bonus that comes with a 50x wagering requirement for example.
This means that you’ll need to play at least 10 x 50 = $500 before it’s transferred to your permanent bankroll. Another important factor to consider is the wagering contribution for each game genre. Many times, for instance, table games will contribute less towards this requirement when compared to slots.
Activation Time
The next thing to look out for is the validity of the overall bonus, in order to realistically assess whether it’s possible to accomplish this task. Many times, no deposit bonuses include shorter time frames to complete the wagering requirements when compared to standard bonuses, and from a business perspective you can see why that makes sense. Apart from that, you’re also going to want to take the activation time into consideration with some casinos requiring you to play through your bonus within the first 24 hours for example.
Other Restrictions
And lastly, always keep an eye out for game restrictions which might exclude some popular options, as well as maximum cash out limits to avoid any unnecessary inconveniences at a later stage.
Common Bonus Pitfalls to Avoid
Many players tend to claim multiple bonuses without putting enough of the research into it, only to find out that it was worth less than a fake Banksy. Some of the most common mistakes to look out for here include:
1. Ignoring wagering requirements – we’ve said this before and we’ll say it again, always double check the fine print to find out how realistic this bonus is to complete, and what withdrawing those funds would potentially entail.
2. Picking high volatility games – even though the idea of playing high volatility games for free sounds alluring, there’s a really slim chance that you’re going to be able to recoup any of your bonus during a shorter game session given the nature of these games.
Always pick lower volatility games which typically offer smaller wins at a more frequent pace to fulfill the wagering requirements.
3. Withdrawing too early – making a request to cash out before you’ve met the bonus’s requirements will cause you to forfeit any winnings.
4. Betting too big – a couple of large wagers can easily wipe out your balance in a short amount of time. For this reason, we’d always recommend sticking to smaller bet sizes to maximize your funds while extending your game sessions.
5. Chasing losses – sometimes players get caught up in the moment and attempt to make up for losses by playing irresponsibly or taking unnecessary risks.
6. Inefficient bankroll management – sometimes players forget to treat their bonus as they would their own money and place unwise or risky bets, which could translate into losing it all within the first couple of spins.
7. Skipping the research – and lastly, we cannot stress how important it is to thoroughly review the T&Cs before committing to any type of bonus, as well as finding out what other players online have to say about the casino in question, especially if you’re expected to exchange any personal or financial information at registration stage. Generally, always remember that if it sounds too good to be true there’s a chance it isn’t.
Summing It Up
At the end of the day, it’s important for us to remember that whenever we choose to engage in casino play, it should always be for the right reasons irrespective of whether a bonus is involved. Even though fulfilling bonus requirements and cashing out on a casino promotion is extremely exciting, it’s important not to overlook the general entertainment aspect overall. For this reason, we’d recommend always focusing on having fun when playing online rather than simply focusing on the technicalities of it all.
Even though effectively completing a bonus might be rewarding, it’s not the first bonus of its kind and it won’t be the last, so don’t take things too seriously. Nevertheless, by keeping your game selection in mind and administering effective bankroll management, there’s a bigger chance of being successful and maximizing your chances – statistically speaking of course!
