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? Things To Keep In Mind With No Deposit Deals
Maximum Withdrawal Clauses
Statistically, not everyone who uses a no deposit bonus manages to cash out. It’s just how online casinos are – you win some, and you lose some. Once you claim a bonus without needing to get any money and you fail to win big, nobody really loses. The casino gets the money back, and you didn’t spend any of your funds in the first place.
However, if you win too much, it can mean that the casino loses money. As a means of preventing them from bleeding out too much cash, most sites equip their no deposit bonuses with a limit on how much you can withdraw after using it.
Every now and then, players get lucky and hit the jackpot. Since the logical thing to do is to withdraw everything and treat yourself, casino don’t allow you claim your winnings all at once.
Theoretically, you can withdraw that money in multiple times. But, with this restriction in place, players will be tempted to play some more, and lose that money in the process. Since this happens pretty often, it’s become a commonplace clause in the terms and conditions of no deposit bonuses.
How do you work your way around maximum withdrawal limits? Easily! Just read the T&C of every bonus thoroughly and find the one with the least limiting withdrawal threshold. This will allow you to play more freely, while still retaining the chance to win big and run away with the money.
Game Restrictions
Not all casino games are the same. Some, like slots, have a much higher house edge. This is because they’re almost entirely dependent on the software, with you being severely limited when it comes to affecting the outcome. In fact, casinos want players to play slots more than other games, and that’s why they give them a high game weighting.
Most classic slots (aside from jackpots), have a 100% weighting. What this means is that every dollar you bet is counted towards the wagering requirements in its full value.
On the other hand, you have table games such as blackjack, roulette, and baccarat, which greatly depend on what you decide. You can hit in blackjack or select certain numbers on the roulette wheel. At the end of the day, the outcome stays random, but you can do a lot to devise a strategy and increase your chances of winning.
And high chances of winning just happen to be something online casinos HATE to see. That’s why they put heavy restrictions when they release new no deposit bonus codes. In most cases, you’ll see that most table games are off the table (pun intended, thank you very much). What’s left is usually a combination of older slots and less popular titles.
To avoid being hindered by this rule too much, you should read the T&C and compare every no deposit bonus you find with other offers. Once you complete your research, you will be able to know which casino gives you the most freedom. Cross reference this with maximum withdrawal clauses, and you’re well on your way to find the best no deposit bonus! Now that’s a good start.
No Progressive Jackpot Games
In online gaming, trends come and go, but one thing remains the same – progressive jackpots are a fan-favorite. There’s no better feeling than knowing you have the opportunity to win a life-changing amount of money after so many others have failed.
Progressive jackpots function on the accumulation principle. Every time the game is played, the maximum jackpot amount increases by a little. Since these games don’t have spectacular RTPs, the number can sometimes reach up to hundreds of thousands, or even millions at times. Players love to have a crack at these elusive jackpots.
This love, as you’ve probably expected, presents a problem to casino looking to make a profit. Even though they know 99.99% of people will never win a gargantuan amount of money, it takes just one person winning to erase all the profits the casino gained from previous bets.
If you’re using a no deposit bonus, this can get especially bad for the casino. Obviously, they don’t want to take any chances, so almost all no deposit bonus codes have a clause that removes progressive jackpots from the list of eligible games.
According to many, this is the biggest flaw of no deposit bonuses. You’re effectively stripped of the opportunity to win big money, but it’s a somewhat reasonable tradeoff for getting some free money. Unfortunately, there’s no way around this one.
However, if you like the casino, you can try their progressive jackpots after you’ve created an account and made your first real deposit.
Max Bet Restrictions
Even though you can’t really work around the ban on progressive jackpots, players at no deposit casinos have discovered one way to lessen the blow. If you can’t play games that give you a chance at a big payout, you can play regular slots with bets as big as possible. This won’t result in life-changing amounts of money, but it’s how you make the most out of a crappy situation.
When giving out no deposit bonus codes, casinos have this strategy in mind, so they want to make things a bit harder. Therefore, you will find that most bonuses have a clause pertaining to maximum bet amounts.
Yes, this is a bad thing for players, but it makes sense for casinos. Remember, as friendly and forthcoming they may be, their goal still is, and always will be, to make a profit. So, it doesn’t take much to understand that players making $50 bets on a spin is not in their best interest.
In most T&Cs, you will find that the maximum bet is somewhere around 10% of the no deposit bonus you’ve claimed. It’s also a strategy for you to play more, time-wise, and develop a liking to the casino. If you do, it’s highly likely that you’ll deposit your own money. That is, after all, the casino’s goal.
There’s not a clear-cut way to sidestep this. However, we do believe you’ll be better off just coming to terms that a no deposit bonus is just a way to tour the casino’s site. If you don’t expect to win big, you won’t be disappointed, right?
? Sky High Wagering Requirements
Ah yes, the two words that make even veteran casino players squirm – wagering requirements. This rule exists so that casinos wouldn’t get robbed blind. Imagine if you didn’t have to wager your bonus.
You could just claim it, head straight over to the banking section, and withdraw the money. While this sounds like an easy way to make a profit, but casinos have though of this long before any of us did.
Thus, wagering requirements were created. To withdraw a bonus, you have to wager it a certain amount of times before you can withdraw it.
Not only does this make it difficult for sites to lose money, but it also makes it easier for you to lose your money in the process. If you’ve picked up a $100 bonus, and the wagering requirements are 50x, it’s highly likely that you’ll be temped to refill your balance with a legitimate deposit.
Normal deposit bonuses keep things somewhat rational, but, as it is always the case with no deposit bonuses, online casinos strive to make your gaming experience as hard as possible. Every no deposit bonus code comes with heavy wagering requirements, which makes it almost mathematically impossible to end up being the house when it’s all said and done.
In addition to the lack of progressive jackpots, this is probably the worst thing about no deposit bonuses. Again – the best way to tackle this issue is to strip yourself of any winning-related expectations. You get free money to try a casino out, not to break the bank. It’s still a valuable tool to gain knowledge about a new site.
Deposit Requirement
If there’s one thing every no deposit casino likes to do, it’s to play it safe. We can’t repeat this enough – they’re in the profit game and it’s their goal to mitigate every possibility of players using their gifts to earn money for themselves.
Even though all the rules and restrictions we previously mentioned are enough of a nuisance on their own, they still don’t want to risk. Thus, along with all the other limitations, online casinos often like to slap a deposit requirement on their no deposit bonus codes.
What this means is that, in order to cash out any winnings from your bonus, you need to make a legitimate deposit beforehand. Even if you find a way to bypass the pesky maximum bet requirements, even if you somehow manage to fulfull the insane wagering requirements without playing progressive jackpots, you still have to risk your own money in order to profit from the no deposit bonus.
Over the course of this comprehensive guide, we reiterated that a no deposit bonus is best used an exploration tool. There’s no limitation that cements the truth in that more than this one. Nevertheless, players always like to be one step ahead and are working incessantly in order to beat the casinos in this perpetual cat and mouse game.
The best way to work around a deposit requirement is to scan the T&C of all the casinos you’re interested in, and see which one has the lowest minimum deposit requirement.
There are some sites that allow players to deposit $5, but there aren’t many. You can also be even more financially responsible by making that deposit using money from previous casino profits, if this isn’t your first time playing, that is.
All in all, this rounds out a pretty formidable system of defense, designed to help casinos erase any chance of being ripped off by players.