Bonus Terms for 100 Free No Deposit Spins
By being aware of the bonus terms and conditions, will you be able to accurately calculate the value of any bonus. And only when you know the real value of a bonus, can you compare it with another bonus.
Furthermore, by reading the bonus terms, you are already aware of the bonus rules, how to qualify for the bonus, how you may or may not use the bonus, what you are required to do in order to cash out the bonus, etc.
Here a brief recap of the major bonus terms and conditions you may come across:
Wagering Requirements
You have to wager the bonus, the required number of times before cashing out your bonus winnings. Online casinos express these requirements, known as playthrough requirements or wagering requirements, as multiplier values.
For example, if a 100 no deposit bonus is subject to a wagering requirement of 50x, you have to wager $5000 before requesting a payout.
Most players dislike wagering requirements, but they protect online casinos from bonus abuse. Also, some players enjoy the thrills of earning a bonus.
Wagering requirements may apply to the bonus plus the qualifying deposit amount if you claim a $100 deposit bonus. If you claim a no deposit cash or free spins bonus, the wagering requirements apply only to the bonus cash or free spins winnings.
In the below example, you can clearly understand how wagering requirements are calculated for a no deposit free spins bonus wherein ONLY the free spins winnings are subjected to wagering requirements:
Example
Brango Casino welcomes new players with 100 Free Spins on Hyper Wins. The Free Spins have a 45x wagering requirement.
In this example, let’s assume you claim these Free Spins and win $100. Now, you must wager $4500 to convert the Free Spins winnings to real money you can withdraw.
Here’s a calculation that puts this into perspective:
$100 winnings x a 45x wagering requirement = You must wager $4500.
Once you’ve played $4500, the funds in your bonus balance are converted to real money and moved to your cash balance. Now, you can finally withdraw your Free Spins winnings.
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In the example provided below, the wagering requirements are applied not just on the free spins winnings, but also on the deposit made in order to receive the free spins bonus in the first place:
Example
Ozwin Casino offers all new players 100 Free Spins. These Free Spins come with 30x wagering requirement.
For the sake of this example, let’s say you deposit $20 and claim the Free Spins. Luck is on your side and you win $40. Int his scenario, you must wager $1800 to convert the Free Spins winnings to real money you can cash out.
See this calculation:
- $20 deposit + $40 winnings = $60.
- $60 x a 30x wagering requirement = $1800 to wager.
Once you’ve played $1800, the funds remaining in your bonus balance are moved to your cash balance from where you can request a withdrawal.
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Win Caps
You can withdraw the money you win while using a casino bonus, but only up to a predetermined amount. For example, if an online casino offers a no deposit bonus subject to a win cap of $100, you can withdraw only $100 even if you win more.
Bet Size Limits
Bet limits prevent you from hitting massive wins on huge bets. Online casinos apply bet limits to their 100 no deposit bonus offers because they want to make a profit. The bet limit is generally $5 per bet or spin, but it could be more at some 100 no deposit bonus casino sites.
Excluded Games
You cannot use any casino bonus on excluded games, including high RTP games and high volatility slots. Read the bonus terms and conditions to ascertain that you can use the bonus on the games you love.
Game Weighting Percentages
The money you spend on online casino games contributes differently towards satisfying bonus wagering requirements. Usually, all the money wagered on slots contributes fully towards clearing the bonus.
For example, if you bet $10 on a slot game, the whole bet contributes towards meeting the wagering requirements. If you bet the same amount on a blackjack game, only 10% may count towards clearing the bonus.
Expiry Dates
$200 no deposit bonus 200 free spins lose validity in a few days. Check the bonus terms for expiry dates because you need to clear the bonus before it expires. Ascertain that you have enough time to clear the bonus before it expires.