How to Maximize Your No Deposit Bonus And Your Chances of Cashing Out in 2024
It is much easier than you think to maximise your no deposit bonus and significantly improve your chances of cashing out. A no deposit bonus is an excellent casino offer with zero risk but some offers are easier to win than others. On this page, we will walk you through the steps you can take to turn your free no deposit bonus into cash you can withdraw and spend.
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✖How We Rank Casino Bonuses using BonusRank
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Read more about our BonusRank system and how we make bonus comparisons.
✖The Potential Of No Deposit Bonuses
Since you made it to this page, the chances are you already have a general understanding of no deposit bonuses. No deposit casino bonuses are exactly what you think they are - an excellent chance to win real money without risk.
In short, they are promotional bonuses offered by online casinos to give players a free trial of a casino and its games. Online casinos, however, are not in the habit of giving money away for free and put limitations in place to reduce their potential losses.
All no deposit bonuses come with terms and conditions attached. This measure is put in place to reduce bonus abuse, limit the number of winners, and restrict the amount you can actually win.
No two no deposit bonuses are the same, however, and an understanding of what to aim for is where we can gain an advantage. Read on to learn the things you need to focus on to improve your chances.
Understanding the Terms
It is important to understand that playing a no deposit bonus at optimal strategy does not guarantee success, but it will improve your chances of winning real money. All the information you need to succeed is set out in the terms and conditions.
Here are the things you need to focus on:
Bonus Amounts and Awards
You don’t have to be a genius to understand that higher no deposit bonus awards have a better chance of converting into money you can cash out. Comparing no deposit bonuses though, is not that straightforward.
While it is an important factor, the overall value of an award much depends on the terms it comes attached with. Furthermore - how do you compare a $20 no deposit bonus to x10 free spins?
There are indeed two types of no deposit bonuses you can claim:
- No deposit bonus credit
- No deposit free spins
No deposit bonus credit is a free credit that must be wagered before it converts to money you can cash out. No deposit free spins, however, is a fixed number of free spins usually given to play on a slot selected by the casino giving the award.
As a general rule, you will normally have to wager the winnings from free spins before they convert to withdrawable cash. Generous casinos may sometimes allow you to keep what you win with free spins without further wagering.
In conclusion, it is better to assess the overall value of no deposit bonus award in combination with the wagering requirements. Only then can we assess the potential of the bonus offer.
The Wagering Requirement
A wagering requirement is, at its core, a multiplier attached to bonus credit. This expresses the amount you must wager to convert bonus credit to money you can cash out.
For example, if the bonus award is $20 and the wagering requirement is x50, you will have to wager $1,000 (20x50). What you have in winnings after you have played through the $1,000 is yours to keep.
Comparing bonus awards and taking the wagering requirement into account will give you a clearer perspective on the value of one bonus compared to another. From the following examples, which one would you choose?
| Bonus Amount | Wagering Req. | Playthrough Total | |
|---|---|---|---|
| Bonus A | $15 | x40 | $600 |
| Bonus B | £15 | x50 | $750 |
In the example above, Bonus B will take longer and is harder to play through and convert. Since the bonus amount is of equal value, Bonus A is clearly the better option in this instance.
In conclusion, it stands to reason that choosing no deposit bonuses with the lowest multiplier will give you the best chance of converting bonus credit into cash you can cash out.
Game Eligibility
The games that you choose to play with can significantly influence your chances of winning real money you can cash out. So which ones should you play given the choice?
We break it down for you here:
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Know your options
With a no deposit bonus, you will not always get to choose the games you want to wager on. In many instances, the online casino will offer a bonus award on a particular game chosen by the casino.
Free spin no deposit bonuses, for instance, typically have limitations attached to the game(s) that are eligible for the free bonus offer. Bonus credit no deposit bonuses, on the other hand, are usually more flexible.
Keep in mind that online casinos do not generally offer no deposit bonuses on games that offer the greatest winning potential. When given the choice, however, that is exactly what you should do.
Maximum Bet size limits, Slot game RTP, and game weighting contribution factors all influence the potential of winning money from bonus credit.
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Bet Size Limits
The bet size and paylines of casino slot games have a big influence on the amount you can win. Jackpots are won by wagering the maximum bet size of all paylines.
Most often, however, no deposit bonuses have bet size limits restricting the amount it’s possible to win. Comparing bet size limits on eligible games will help you find the ones that maximise your chances of winning money.
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Return to Player (RTP) Percentages
When it comes to slots, another solid practice to adopt is to choose slot games with the highest RTP (Return to Player) percentage.
RTP represents the percentage of wagered money that is expected to be paid back to players over time. A higher RTP indicates a better chance of winning and a lower house edge for the casino.
Typically, the average RTP for a casino slot game is around 95%. If you have any influence over the games you can play, you should always choose to play the games with the highest RTP, especially with free spins no deposit bonuses.
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Game Weighting Contribution
Game weighting is a limitation that catches many people out. You may be surprised to know that not all games are treated equally in terms of their contribution to the wagering requirements.
Online casino game weighting refers to how much a specific game contributes towards fulfilling wagering requirements. Games with higher weighting count more, meaning players need to wager less on them to meet requirements.
Typically, online casino games are weighted as follows:
Casino Game Weighting Percentage Slots 100% Scratch cards, Bingo, Keno 100% Table Games Up to 20% Video Poker 10% Live Dealer Games 5% In conclusion, you should always play games that contribute the most towards meeting the wagering requirement. For maximum efficiency, play games which contribute 100% towards the wagering requirement.
Win Caps
While it is not connected to improving our chances of cashing out a no deposit bonus, win caps are certainly worth a mention on this page.
Online casinos normally apply caps to a free no deposit bonus to limit the maximum amount of money you can withdraw after you have wagered the bonus.
Typically, limits on the amount you can win from a no deposit bonus range from anything between $10 to $200. Needless to say, you must judge for yourself what you would consider worth the effort.
In short, before accepting a casino bonus, it is definitely worth considering if the bonus offers enough value in the first place.
Key Takeaways
- Select no deposit bonuses with the highest award
- Choose Bonuses with the lowest wagering requirement multiplier
- Maximum bet size restrictions limit the amount you can win
- Slots with the highest RTP offer a better chance of winning
- Only play games that contribute 100% to the wagering requirement
- Take note of win caps when deciding between bonus offers
Pro Tips To Maximise Your Chances of Winning
By now, you should have a better understanding of the limitations that come with no deposit bonuses and the options you should choose to maximise your bonus and chances of winning money you can cash out.
To get you off to the best possible start, here are some top tips to help you put into practice the point made above.
Including some additional tips and strategies to help you get the most out of your free no deposit bonus.
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1. Select Bonuses with High Maximum Withdrawal Limits
If you are serious about winning real money from a no deposit bonus, choose the offers that offer the best potential. The best place to start is to compare the withdrawal limits for each bonus offer to find the ones with the highest allowance.
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2. Choose options with High Allowance and Low Wagering
Ideally, you will want to choose offers that combine high bonus credit with low wagering requirements. These types of offers will give you the best chance to play through your bonus offer successfully and leave you with money you can cash out.
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3. Choose Your Games Wisely
The games you play will greatly determine your level of success with a no deposit bonus. So whether you have a choice of games to play or when choosing between free spin bonuses, choose the ones with the highest RTP and Bet Size limits.
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4. Be Mindful of Time Limits
We haven’t mentioned time limits in this article so far, but free casino bonuses come with time limits. These limits will tell you how long you have to play the bonus and how long you have to meet wagering requirements.
You will need to know what these limits are and make sure that you play the bonus in time before it expires. The key takeaway here is that you should claim a bonus when you know you will have time to play it.
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5. Play Strategically
When you a playing a no deposit bonus, it is always best to plan your sessions and play when you are fresh. Avoid long sessions where you can easily lose focus and miss opportunities you might otherwise not have missed.
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6. Play at Reputable Casinos
It should go without saying, but the best chance of winning cash from any bonus you can actually withdraw will come from trusted and reputable casinos.
Fortunately, you are in the right place to get a no deposit bonus from a reputable online casino. All of our casinos are fully licensed and we have reviewed every brand and offer available to ensure they offer a realistic opportunity.
After playing through your no deposit bonus, you may want to take things up a notch by making a deposit to take advantage of bigger offers with better terms.
Risking your own money comes with other challenges aside from the points made above. Bankroll management, progress tracking and setting win-loss limits all become significantly more important when you take on more risk.
How To Claim a No Deposit Bonus
At NoDepositRewards.org, we make claiming an online casino bonus fast and easy.
Here is a quick step-by-step guide to the process:
- Choose a casino and bonus offer from any page here at NoDepositRewards.org or select from the list below.
- Click on the ‘Claim Bonus’ button and enter your details.
- Most bonuses will add the no deposit bonus code automatically, but if manual entry is required, add the code as available.
- Launch the game that is eligible for the no deposit bonus.
- Check that the bonus has been awarded.
- Play and have fun!
Get the Best No Deposit Bonus in October 2024
Now you know how to maximise a no deposit bonus and give yourself the best chance of cashing out, why not give it a go?
Here’s a hand-picked selection of the best no deposit bonuses available in October 2024:
Conclusion
Even the best strategy offers no guarantee that you will win money you can cash out from a no deposit bonus. Nonetheless, these are free bonuses offering an excellent opportunity to try different casinos and games.
Despite the limitations, you still have a fair chance of winning real money and playing at optimum strategy will give you an edge.
To do this, find the best offers with low withdrawal limits and wagering requirements. In combination with choosing games with a higher bet size and RTP, you will have a realistic chance of profiting from your free bonus.