Sometimes, online gambling houses offer coupons in the form of free money to all their players - from no deposit bonuses to deposit required match bonuses, among others. As much as they might seem stunning and plush, there's always some other face to the coveted promotions - which is always a number of requirements for all of them.
As you're aware, from the onset, the iGaming industry is a market. Therefore, operators will definitely institute measures governing the no deposit required perks. Most importantly, it's to hinder players from taking unfair advantage, as well as, improve their profits.
The document with these terms are swamped and sometimes confusing to read through. Therefore, this quick read focuses on the basic rules that go hand in hand with no deposit promos. Nonetheless, you could still visit a specific site's terms & conditions page if you still need more clarification.
This implies you'll have to wager the bonus amount for a predetermined couple of times before you can cash out any wins amassed from it. Most often, you'd be asked to meet between 30x to 100x wagering requirements on your coupon cash.
So, for instance, if you're awarded £50 free money subject to 35x wagering conditions, it means you have to bet a total of £1,750 (£50x35) to request withdrawal of your wins. As soon as you meet the requirements, all winnings are credited into your player account for you to commence the cashout process.
Every no deposit required promotion comes with a maximum amount you're allowed to withdraw. This rule imposes a cap governing the maximum cashout limit from winnings earned out of the free money given. Any other wins above this cap can neither be cashed out nor used.
This rule was instituted as a means of gambling houses protecting themselves against huge sums of payouts without the players topping up their accounts. Also, it's introduction ensures that coupon hunters are toned down from exploiting the bonuses at different houses.
Gambling sites usually outline their game contribution to betting conditions in their terms & conditions. Games that qualify, are those that subscribe to satisfy the conditions. The vitalness of this information will assist you in planning your play - therefore, you'd most importantly avoid the excluded games and focus only on eligible titles.
In most sites, for instance, scratch cards and slots contribute 100% to the requirements. Blackjack satisfies up tp 25%. However, games like roulette, craps, and bingo don't contribute.
Also, very important to note is the identification of these games that qualify - dependent on the odds they offer. Titles with high house edge have high wagering contributions and the vice versa.
You're supposed to utilize free money or spins given within the period with which they're valid. The standard validity time frame for all deposit-free promos varies but is usually 30 days. Nonetheless, you should be aware that free plays have an obvious mention of their eligible period.
Sometimes, you'd be prompted by a site to redeem a bonus code so as to claim a deal with no deposit required. Typically, these codes are provided for in the promotions or the cashier pages of different sites. It allows the house to monitor the promotions used as well as their sources - be it an affiliate or the facility itself.