Wagering Requirements

In order to cash out your winnings at a no deposit casino, you’ll first need to meet the wagering requirement. This dictates the amount you must bet before you can cash out any winnings you may have made on the bonus. The casino presents these terms as a multiple.

For instance, a 20x wagering requirement means you must wager 20 times your bonus amount. Let’s say you received a $20 no deposit bonus with a 20x wagering requirement. In order to make a cash withdrawal of those $20 and any winnings you get while using it, you need to play through $20 x 20 = $400. Once you’ve bet $400, the no deposit bonus + any winnings are unlocked for withdrawal.

Time Limit

Most no deposit bonuses come with time limits. These can apply both to how long you have to use your free funds, and how long you have to meet the wagering requirement on the bonus amount. These limits are often relatively short, with time limits of a few days to a week being common. For example, if you need to fulfil wagering requirements within 7 days, then you need to play through $400 (to take the above example) in 7 days or lose your bonus funds and winnings.

Game Restrictions

You may not be able to play every game in the casino on your bonus. These restricted games won’t count towards clearing your bonus, and might even void any winnings you’ve earned, so you’ll want to be sure to avoid them. Some games may also be allowed, but will contribute to your wagering requirement at a reduced rate. Although this differs by casino, most slots usually contribute 100% to a bonus, while table games like Blackjack and Roulette would contribute 10 – 20%.

To give a more concrete example, let’s use the $20 deposit amount x 20 wagering requirements again. If you are playing a slot that contributes 100% to the wagering requirement then $20 x 20 = $400 needed to unlock the bonus funds and winnings.

If you are playing online roulette that contributes 20% to the wagering requirements, then a $400 bet will contribute $80 (20%) to the wagering requirements. In order to reach the $400 mark, you need to bet $400 x 5 = $2000.

Withdrawal Limits

While no deposit bonus sites will give you something for nothing, there are limits to their generosity. Most of these bonuses will feature caps on how much you can win while using your bonus money. You forfeit any winnings beyond that maximum amount until you play with your own money.

For instance, if you accept a bonus with a withdrawal limit on winnings is $150, and you won $200, you will lose the extra $50 because it exceeds the winnings limit.

Note that some casinos have exceptions for progressive jackpots. In these cases, you can keep a jackpot win on a slot machine even if those winnings exceed your maximum withdrawal limit.

No Deposit Cash Bonuses

In this offer, you’ll get some real money added to your account as soon as you sign up. You can then use those funds to play games, and if you make a profit after meeting the wagering requirements, you can cash out what’s left in your account.

No Deposit Free Spins

Some casinos offer free spins to new players. These will allow you to play a specific slot machine for free, getting a stated number of spins at a predetermined stakes level. After you finish your spins, your winnings will be treated as bonus funds. If you meet the wagering requirement, you can then withdraw those winnings.