No Deposit Bonus Offers: Good Or Bad?
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As with many businesses like your local Superstore for example, online casinos will produce some seemingly tempting offers to get you through the door and achieve their aim of recruiting you as a customer.
Perhaps the most eye-catching is the No-Deposit Bonus (NDB) offer which will be presented to us as a ‘something for nothing’ opportunity
Play the maximum number of lines available. If you are betting one penny per line, the amount you are wagering for each play is equal to the number of lines you play. For example, betting one penny per line and playing one line will cost you one penny per spin, but playing 20 lines will cost you 20 cents per spin. How to win at the penny slot machines 2017.
to arouse that most basic facet of human nature within us all. The NDB may come in the form of a fixed amount, i.e. a free chip for 10 or a quantity of free spins on a specific slot where the amount of the chip is determined by your revenue from those spins. Okay, you’ve seen the bonus banner screaming this offer and it looks good, so what can possibly go wrong?
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Online casinos have many complex rules and terms thus the unwary or inexperienced player can easily fall foul of them: you need primarily to do two things, the first of which is to ALWAYS read the Terms and Conditions applicable to the NDB offer and secondly work out the math, as the chances of converting these NDB’s to cash are far slimmer than with using the standard ‘deposit match’ bonuses you may be used to.
Most slots pay around 96% return to player (RTP) so for example a standard 50 deposit with 100% match gives you 100 in bonus funds to play with. Assuming 1 unit per spin you will lose 4% on average each spin, so if we have a 40x Bonus wagering requirement we need to make 2000 spins at 1 unit to complete wagering. At 4% per spin multiplied by 2000 this will cost 80 so on completion of wagering you would be left with 20 in cash funds. You deposited 50 so the math was ‘expected value minus’ or EV- as players tend to label it. After all the casinos aren’t in business to give money away!
Having seen the example above for a standard bonus, and having exercised due diligence by reading the terms, you will invariably find the NDB wagering is significantly higher at 80, 90 or sometimes even 100x the chip value. Yes, you can effectively win free money but the chances of doing so are slight, as indeed you would expect. One possible benefit is that due to the very high wagering required you may find some of the high-volatility or very high RTP
slots which are normally excluded from standard bonus wagering are permissible, thus giving you the opportunity to play pretty much any slot with this bonus, which may not be the case with a deposit match. Again, the terms are king here!
I can say with absolute certainty that wherever you see the NDB offer, there will be a conversion limit or winning cap. This simply means you cannot cash-out more than a fixed amount of say 50 or 100. This is quite understandable but you will definitely need to register a payment method such as a debit or credit card in order to retrieve this small win. The terms may also stipulate you need to make a real-money deposit of a minimum of 25 to take this cash, something which hopefully you have made yourself aware of by thoroughly reading the bonus and general terms.
The final and equally important consideration with a NDB is how the casino treats the cash once wagering is complete. If you’ve actually been fortunate enough to complete this and have exceeded the capped maximum conversion, what happens? Well to begin with your balance should be instantly trimmed to that amount, say 100. You may then wish to continue playing as if that amount was a cash deposit with no restrictions and in some cases that may be permissible allowing you to continue to build your cash up. You may discover in the terms however that you must register a deposit method and withdraw first, and only a subsequent fresh deposit will allow you unlimited winnings.
If you are an affiliate you may find NDB offers are detrimental as whether the player wins or loses inevitably this bonus cost is factored in to your earnings, so if the new registrant doesn’t go on to become a depositing customer both the promoter (if applicable) and casino have ultimately lost out. Given the fact these NDB’s are so EV- there are likely many players who will spend a considerable time playing while failing to make the wagering and leave the casino account with a feeling of negativity and thus not become a customer.
In conclusion NDB’s are undoubtedly an effective way of attracting players by providing them with what amounts to a ‘free shot’. This chance though is heavily laden with restrictions, conditions and limits that can so easily snare the unwary. When we consider that in excess of half of all complaints to eCogra and various dispute resolution services relate to bonuses and NDB terms are especially stringent, any player tempted should do their homework first and I cannot reiterate this enough read the terms thoroughly! In general the more spectacular or seemingly large a bonus offer is, the more you should be suspicious. If you want to view any of these NDB offers use the Accredited List or the Free Spins Thread where members have checked the casinos and left feedback. If you want a free shot, make sure it isn’t in your own foot – good luck!
What is a No deposit Bonus?
The No deposit Bonus is an offer by the online casino to deposit a small amount of money into the player account after the player registers with the casino. Obviously without any deposit requirement. Typically this is €10, €15 or €25, usually not more than that. The No-deposit…
Bonus is definitely the easiest bonus category, because it will be received right after registering a player account. It’s not always automatically credited to the account though. Some online casinos will require a request by email or by submitting a form on their website. Usually, the No-deposit Bonus (NDB) is a fairly small bonus, however it’s a good way to introduce a player to different games and to give the player an idea of what the online casino has to offer.
Type of No Deposit Bonuses
Important to know is that there are two different categories of online No Deposit Casino Bonuses: The Free Play Bonus and the Free Spins Bonus. To understand what the casino bonus requires and to figure out whether it’s worth claiming or not, you should always carefully read through the T&C’s . These are often located elsewhere on the casino’s website and cannot be found within the regular T&C’s of the online casino.
Free Play Bonus
To take advantage of a Free Play Bonus, a player needs to register a new player account with the online casino. At this stage, no Credit Card or bank details are required. A typical Free Play Bonus works like an extension of a regular No-deposit Bonus. But instead of a small amount of money that a player will have added to the player account, a Free Play Bonus offers a much larger amount to play with. This can be as much as €1,000 or more and this can be used at any given moment but only within a certain amount of time, even as little as within 30 minutes or an hour. Within this time limit, a player has to do as much as possible with the Free Play Bonus money, because after that, the bonus will be gone. Of course a player won’t be able to simply cash out after finishing up the Free Play Bonus period. Instead, it’s more likely for a player to get any winnings as a 100% match on a future deposit that’s needed to be able to continue playing.
Free Spins Bonus
Free Spins Bonuses are a type of No-deposit Bonus that will give a player the opportunity to try a new casino or a new game without having to make a deposit and not having to risk anything, but to still have a chance to win real money. With a Free Spin Bonus an online casino offers the players a chance to play their favourite slots for free. The Free Spin Bonus will be received as soon as a new player registers an account with the online casino. Any winnings from these free spins will be added to the casino balance for the player to play with. What is a poker rake. Again, a player won’t be able to simply cashout winnings resulted from a Free Spin Bonus. T&C’s will always apply.
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Contents
- Slots of Vegas Casino No Deposit Bonus Code SOV25
- Additional Slots of Vegas Bonus Codes
About Slots of Vegas Casino
Slots of Vegas is an online casino that’s been established for more than 15 years now. All games can be tried free, and there are many deposit bonuses, free chips and other promotions available.
Slots of Vegas offers 24/7 customer support, a downloadable software client or instant flash-based games, and a VIP Program loaded with player benefits.
Slots of Vegas offers free chips, which are an excellent way to introduce yourself to the casino. Since no deposit is required, there’s absolutely no risk to you! In order to claim the bonus, you need to use coupon code SOV25.
Note that this code is available to existing members as well, but the code is usable only once.
Once you enter the bonus code, the casino will deposit $25 into your account, and you’re free to use that bonus money in whichever way you like. You could play the entire amount on a single round of keno or spread it out with 50 slot spins at 50 cents a shot.
There is a $100 max cash-out limit, and the rollover requirement is 30 times but increases to 60 times for table games and video poker.
Off-limits games are:
• Baccarat
• Craps
• Pai gow poker
• Pontoon 21
• Roulette
• Sic bo
• War
Additional Slots of Vegas Bonus Codes
In addition to the $25 no deposit bonus, you can also redeem these other Slots of Vegas promo codes!
If you have played through your free chip and are ready to make a real cash deposit, then why not take advantage of a welcome bonus? Using the coupon code NEW300, Slots of Vegas will match your initial deposit by 300 percent, which is up over its standard 250-percent signup bonus.
In order to claim this bonus, you must make at least a $30 deposit, and no matter how much you deposit, the maximum bonus you can claim is $3,000. So, if you deposit $30, you’d claim a $90 bonus, and you’d need to deposit $1,000 in order to max out the bonus. Note that this bonus is restricted to slots, keno and related games. Playing non-allowed games can void your bonus and any winnings derived from it.
Free chips are not an infrequent event at Slots of Vegas and they’re available to both established and new members. No deposit is required, and to claim the bonus, you just need to use bonus code VAULT. This free chip is similar to the one explained earlier. You can bet the money however your see fit within the limits associated with the allowed games. There is a $100 maximum cash-out limit. The standard rollover requirement is 30 times but increases to 60 times for table games and video poker.
If you’d like to make a real cash deposit at Slots of Vegas but have interests that extend beyond just slot machines, then this welcome bonus may pique your interest. Deposit at least $30 and use the bonus code NEW190. The casino will match your deposit by 190 percent up to $1,900. There’s no withdrawal limit, and the standard rollover requirement is 5 times. It increases to 30 times if you use any of the bonus or the deposit used to claim it on either video poker or blackjack.
How to Use a Coupon Code and Claim a Bonus
Slots of Vegas requires that any necessary deposits be made first and then any relevant coupon codes be used. Therefore, if you’re taking advantage of a signup bonus, for instance, you must make the deposit through the cashier, and then, go to the bonuses page in order to redeem the coupon code.
Beyond that caveat, all coupon codes published by Slots of Vegas work the same. The bonuses page as well as the cashier must be accessed via the software, which is available for desktop computers as well as tablets and smartphones. On the bonuses page, you’ll find a code redemption section. Copy your coupon code and paste it into the provided text box. Finally, click the redeem button.
The system will then process your code. If you’re eligible for the code, bonuses are usually processed within seconds. Bonuses are deposited into your account as soon as your deposit clears or immediately if no deposit is required. In case of a problem, contact customer support, which is available 24/7.
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Bonus Terms and Conditions
Expect the terms and conditions for bonuses at Slots of Vegas to be the same unless explicitly stated otherwise in the bonus details. Terms and conditions are the same for new and established members alike. The standard rule is that no coupon code may be used more than once. In addition, any active bonus assigned to an account must be finalized before another bonus may be claimed.
Free chip offers cannot be claimed back to back. A deposit must be made first and that can be with or without a bonus claimed. Once a deposit is made, you’re free to claim another no deposit bonus.
Note that there are often cash-out limits associated with bonuses. In the case of free chips, that cash-out limit is equal to the face value of the bonus or $100 if the face value is less than $50. The cash-out limit varies with deposit bonuses. Signup bonuses often do not have limits. If a limit is posted, such as 10 times, then the max cash-out would be 10 times the deposit used to claim the bonus.
With the exception of free chips, bonuses are generally not cashable. When you withdraw winnings from a bonus, the non-cashable bonus is deducted first. Your maximum bonus allowed is then withdrawn, and if any winnings remains, that amount is immediately null and void.
Nov 01, 2019 R500 casino bonus code for Jackpot Cash Casino and Silver Sands Casino Your bonus code: NY2020 R500 no deposit bonus 60X Wagering requirements R1000 Maximum CashOut. If your last transaction was a free chip then please make a deposit or you will not be able to cash out bonus. Jackpot cash casino no deposit bonus codes june 2019. Mar 21, 2019 Casino bonus code for Jackpot Cash Casino and Silver Sands Casino Use bonus code: YOUTH16 44 free spins on Sweet 16 Slot R500 Max Withdrawal. If your last transaction was a free chip then please make a deposit or you will not be able to cash out bonus.
Bonus Wagering Requirements
Although the rollover requirement can vary from one promotion to the next, the standard requirement is 30 times for slots, keno, scratch cards and bingo. If a bonus allows table games and/or video poker, then the rollover requirement increases to 60 times if you choose to participate in those activities. Once a rollover requirement is increased, it applies to the entire bonus regardless of individual wagers.
Note that certain games are considered off-limits at all times. Promotions will often have non-allowed games as well. If any portion of a bonus or the deposit used to claim it if applicable are used toward an off-limits or non-allowed game, then the bonus and all winnings derived from it are null and void.
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