To sign up for our daily email newsletter, CLICK HERE
Online casino players are drawn to no deposit bonus offers more than any other welcome bonus offers because they don’t have to deposit any real money of their own to claim these no deposit bonus offers.
Most online casinos who are trying to make a name for themselves in the market and increase their player database offer attractive no deposit bonus offers to get players to sign up at their casinos. Many of these no deposit bonus offers look very attractive at first glance but upon reading the terms and conditions you realize that the saying ‘all that glitters is not gold’ can be applied to a lot of these no deposit bonus offers.
The truth of the matter is that there are both good and bad no deposit bonus offers. The best way to protect yourself from being exploited by bad no deposit bonus offers is to watch out for red flags and then avoid these no deposit bonus casinos at all costs. Another option is to choose a no wagering casino which you can find at www.nodepositfriend.com as all of the featured no deposit bonus casinos at this site have been vetted carefully.
These are the red flags that you need to keep a close watch out for before claiming a no deposit bonus offers.
Licensed and Regulated Casino: There are a number of online casinos that offer players no deposit bonus offers giving away loads of free spins and free cash. However, these online casinos are unlicensed casinos and are not regulated by any established gambling authority. We suggest that you stay away from unlicensed casinos because if a dispute takes place at a later stage, the player will have no recourse to action.
It is better to play at a licensed casino and work with a less attractive no deposit bonus offer because a player can take the help of the gaming regulator in case a dispute is unable to be resolved with the online casino.
Wagering Requirements: There are many licensed casinos that offer great no deposit bonus offers but have very high wagering requirements. We advise players to stay away from such no deposit bonus offers as the high wagering requirements cancel all the benefits of the no deposit bonus in our opinion.
The next question is what is a reasonable wagering requirement and what is a high wagering requirement. It is always good to find a no deposit bonus offer with a wagering requirement of 20x or lower. Anything between a 20x and 35x wagering requirement is on the fence. We advise players to stay away from no deposit bonus offers that have a wagering requirement of 40x and above.
The example below will help you understand better why we think a 40x wagering requirement is a little too high.
If an online casino is offering you a $30 no deposit bonus with a 40x wagering requirement, it means that you will have to make a total of $30 x 40 = $1200 in total bets before you become eligible to withdraw any winnings obtained from your no deposit bonus offer.
It is not impossible to take $30 and turn it into $1200 at an online casino but only few lucky players are going to be able to do this. The rest of the players will struggle to turn their $30 in $1200 which makes this no deposit bonus offer and high wagering requirement a red flag in our book. This is why we advise players to stay away from no deposit bonus offers that have high wagering requirements.
Unclear Terms and Conditions
Players generally do not take the time to go through the terms and conditions that are associated with a no deposit bonus offer. Players are anxious to claim the no deposit bonus and start playing that they neglect the terms and conditions laid out and later the pay the price for it.
There are a number of unscrupulous online casinos out there who realize this and hence put in vague terms and conditions that can be easily misinterpreted by the players. Some online casinos come out with lengthy terms and conditions deliberately to dissuade players from reading them.
When a player tries to withdraw their winnings, the online casino immediately draws attention to its terms and conditions and uses different clauses to resist paying out the player’s winnings.
Our advice is to always take a few minutes to read and understand the terms and conditions before availing a no deposit bonus offer. If there is something in the terms and conditions that you do not understand, then head over to customer support and get it clarified in writing. If you are unable to do this, it is best to avoid this online casino and move on to the next one.
Always take a few minutes to check out reviews about the online casino before you sign up and claim the no deposit bonus offer. If you find any negative reviews or red flags raised about payment issues such as slow processing and refusal to pay, then it is best that you avoid this online casino.
No matter how attractive the no deposit bonus offer turns out to be, if you cannot withdraw your winnings and have it processed quickly, there is no point playing and winning at this online casino.
If you avoid the above red flags that we listed, you will significantly reduce your chances of succumbing to bad no deposit bonus offer.