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To summarise, choosing between a no deposit bonus and free spins is mostly a matter of personal preference. Typically, casinos apply wagering requirements of between 30 and 45 times these amounts.
The wagering requirement will now be applied to the sum you've won:. Online casinos put this rule in place so that the likeliness of you wagering your bonus will be reasonable.
Since slot wins are relative to the stake you play with, casinos manage risk by limiting your bet size. Let's use an example to explain how this works:.
This means you would cover your entire wagering requirement if you were lucky enough to win 35 times your bet. There's obviously a significantly higher mathematical probability that you win 35 times your bet.
Therefore, bet size limits are an effective form of risk management for the casinos. Most casinos limit how much of your bonus winnings you can withdraw.
Always read the fine print to see what limits apply when you claim a no deposit bonus. Online casinos almost always exclude certain games from bonus wagering.
This is particularly the case with no deposit credits which are usually only to be used on slots. The only exception would be when the casino specifically excludes certain slots from the bonus usually slots with a low house edge.
In some cases, you can also play scratchies. Table games and live casino games generally do not contribute to the wagering requirement of no deposit offers.
Always make sure you know which games are excluded when you claim a no deposit bonus. Casino bonuses always have expiry dates.
In particular, no deposit free spins are typically valid for seven days, while some match bonuses can remain valid for up to 60 days. Casinos also commonly place a time limit on how long you have to wager the bonus, once claimed.
For instance, you might only have 24 hours to wager a free spin win, or no deposit credits. Bonus expiry dates vary from casino to casino, so make sure you read the terms and conditions carefully.
It's essential you adhere to these terms, as you might have your bonus funds confiscated and account closed otherwise.
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