What is a No Deposit Bonus?
So what makes the above bonuses the best apart from the sheer size in bonus money? First, let’s better understand how a no-deposit bonus for casinos and betting works.
Online betting and casino companies offer players free money, which is a great way to start your online betting and casino experience. In return to receive the deposit bonus and free spins, you need to create an account and provide personal details, home address, mobile number, email, etc, which is obviously valuable information for online gambling sites when trying to activate and reactivate their customer base.
But, the most important factor with a sign-up bonus is that no deposit is required. Getting free money, free spins, free bets is an excellent way for you to test an online casino or betting site before deciding whether to transfer real money into your account.
How you can keep and withdraw your bonus money?
Almost all deposit sign-up bonuses come with wagering requirements that you need to meet before the bonus money is converted into real money that you can withdraw. In general, you could say that the value of the bonus correlates with how difficult it is to clear the wagering requirements.
Example: If the no deposit bonus in an online casino is ₹200 with a 30x rollover before meeting the wagering requirements, this would mean that you need to wager ₹6.000 (₹200×30) before the bonus money is yours to keep and withdraw.
Standard wagering requirements:
- Casino: 15-40x the bonus amount
- Betting: 2-5x the bonus amount
Common no-deposit bonus requirements
Maximum win restrictions: If you have successfully cleared the bonus and been lucky enough to win big with your bonus money, there are sometimes restrictions on how much you can win. To clarify, we use the above example with the ₹200 free bonus.
After clearing the ₹6.000 wagering requirement, your account balance is ₹2500, but the bonus had a ₹2000 restriction which means that you will only be able to withdraw ₹2000 and miss out on ₹500 due to the unfavorable bonus terms.
Days to clear the bonus: A bonus is not for life, and there will always be a time limit to clear the bonus before its forfeited. Once the deposit casino bonuses are triggered, the countdown starts.
Most sites offer decent terms, and the time limit usually is not an issue for most players. The longer time to clear a bonus, the better, and these usually range from 7-30 days.
Excluded games: Some games might be excluded or rated less towards clearing the bonus.
- For casino: Table games, live casino, and selected slot games (with a very high payback ratio) are often excluded or reduced in wagering value.
- For betting: Live betting and minimum odds are common limitations when clearing a no-deposit bonus.
Knowing the above is helpful to understand how you best can clear your sign-up bonus and enhance your chances of actually converting your bonus money into real cash that is yours to keep. The same thing goes for deposit-free spins - the free spins with no deposit you receive when making your first deposit is usually only available for a limited amount of time.
Bonus Code: In some cases, casinos require a bonus code for new players to be able to claim their casino offers. However, this is always very clearly stated in the terms and conditions of the casino offers, and the bonus code or the promo code is usually very easy to find.
Why are there No Deposit Bonuses?
Like in any competitive industry, companies will fight for customers, and online casinos and betting sites are no different. The better the offer, the more customers they will attract. One of Indiagambler’s main objectives is to guide you and help you better understand what bonuses and sites that you should pursue.
We analyze all the details in every bonus, so you do not have to, and you can rest assured that you have selected one of the best offers for gamblers in India.
We examine the no-deposit bonus offers in India regularly, so make sure to come back to find new and improved offers.