The Biggest Advantages Of No Deposit Bonuses
Let’s start with the obvious – no deposit bonuses are completely free to claim. You don’t have to pay anything to receive the bonus, nor pay anything extra when you cash out. But that’s not all.
Other advantages include:
- You can test out a new casino with no financial risk.
- You can try out different casino games to find your favourite.
- You can convert your bonus winnings to real money.
- You can claim multiple no deposit bonuses at different casinos.
For a closer look at how these bonuses work, check out our beginner’s guide to no deposit bonuses.
Top Tip
Different Types of No Deposit Bonus
A no deposit bonus can be credited in two ways, either as bonus cash or as free spins. If you’re more interested in playing free spins on pokies, we’ve compiled a dedicated free spins page for you to check out. Happy spinning!
Downsides Of No Deposit Bonuses
Technically speaking, there aren’t any downsides to no deposit bonuses. After all, they’re free and allow you to cash out real money winnings. However, they do have their limitations – especially when compared to deposit bonuses.
Let’s look at some of the potential drawbacks:
- The wagering requirements may be relatively high, making it trickier to convert the bonus to real money.
- You can only withdraw a specific amount (commonly up to $100), regardless of whether you win more.
- No deposit free spins are only valid on selected pokies and have a fixed value set to the smallest bet size in the chosen game(s).
- You can’t use no deposit bonus on live casino games and some table games and instant games.
Top Tip
Level Up Your Rewards: Explore Deposit Bonuses
Want to skip straight to the bonuses that boast top value and less restrictive T&Cs? If so, deposit bonuses will be more up your alley!
How Do Other Casino Promotions Compare?
If your ultimate goal is to find a great online casino and stick around, you should also compare all the other bonuses on offer.
These include:
- High roller bonuses: Designed for players prepared to make significant deposits, granting them a high percentage of bonus cash up to a high max value.
- Cashback deals: Providing you a percentage of your losses back over a specific period, typically credited as bonus cash.
- Reload bonuses: Given to existing players when they make subsequent deposits, reloading their accounts with bonus funds often on a recurring weekly or monthly basis.
- Loyalty programs: These are more like a collection of bonuses and perks. They usually run on tiered levels with increasing benefits, such as exclusive bonuses, higher limits, faster withdrawals and more.
- Casino tournaments: Compete against other players on a leaderboard, where cash prizes, bonus money and free spins will be up for grabs.
Top Tip
Want To Play Online Casino Tournaments?
Casino tournaments are a great way to win extra prizes and stoke your competitive spirit – all through playing pokies! They determine winners by the total wagered amount, by specific game achievements or by the highest win multiplier. Check out our recommended brands that regularly host online casino tournaments.
Let’s dig a little deeper into how the T&Cs of deposit bonuses compare to no deposit bonuses.
| | No Deposit Bonuses (NDB) | Cashback Offers | VIP Bonuses | Reload Bonuses | Tournament Prizes | Our Thoughts |
| Average Wagering Requirement (WR) | 40x-75x | 10x-50x | 1x-20x | 20x-50x | As per standard | No deposit bonuses understandably come with high WR. Other bonus requirements will vary depending on the casino. |
| Average Withdrawal Limit | $20-$100 | 5x-20x cashback value | None | None | As per standard | You can only withdraw so much with no deposit bonuses and cashback offers. Other deposit bonuses don’t usually have win caps. |
| Average Bonus Value | $10-$50 | 10%-40% of losses | Can reach $10,000+ | $50-$250 | Hard to say | You can see the clear contrast between No deposit bonuses and VIP deals, whilst reload bonuses are usually around $100 on average. |
| Deposit Required? | No | Sometimes | Initially, yes | Yes | Rarely | You can enter most tournaments for free, whilst cashback is based on your net losses (rather than lost deposits). |
| Real Money Spend Required? | No | Yes | Yes | Yes | Yes | Because real money is always used before bonus money, every type of deal (apart from no deposit bonuses) requires you to spend your own funds. |
Which Online Casino Bonus Is Best For You?
The above information should give you a clearer understanding of how different bonuses work and which type will suit your preferences. But it’s also wise to recognise how online casinos operate in general.
Important considerations include information about casino game mechanics, payment providers and responsible gaming. We cover all of this, and more, within our beginner’s guide to online casinos.