Bonus Terms for 40 Free Spins with No Deposit Required
All bonus offers come with terms and conditions. And to benefit from a casino bonus, you should make it a point to read the fine print for the following reasons:
- You will be able to deduce the monetary value of each bonus and can then compare bonuses to find the ones that are the most beneficial for you.
- You will understand the dos and don’ts of the bonus and you will avoid unknowingly violating the bonus rules and facing disappointment.
If you’re new to online casino gaming and don’t have a solid comprehension of the usual bonus terms and conditions, don’t fret – below, we explain the six most common bonus rules.
Read on to learn more:
Nearly casino bonuses come with wagering requirements that serve two purposes – thwarting bonus abuse and reducing the casino’s risk.
Wagering requirements are expressed as a multiplier and indicate how much money you must wager to unlock the bonus funds for withdrawal.
If wagering requirements are 40x the bonus, it means you must wager 40 times the bonus funds to convert your bonus to real money you can cash out.
For free spins, the wagering requirements are applied to any funds won by playing with the free spins. For other bonuses where you are directly rewarded with bonus cash, the wagering requirements are applied to the bonus amount directly.
Here’s an example of a wagering requirements applied to no deposit free spins:
Brango Casino welcomes new players with 115 Free Spins on Bubble Bubble 3. 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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Some free spins bonuses require you to make a deposit. In such cases, the wagering requirements may be applied to both the free spins winnings plus the deposit amount.
Here’s an example:
Casino Extreme offers all new players 300 Free Spins. These Free Spins come with 1x 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 $. Int his scenario, you must wager $0 to convert the Free Spins winnings to real money you can cash out.
See this calculation:
- $20 deposit + $ winnings = $0.
- $0 x a 1x wagering requirement = $0 to wager.
Once you’ve played $0, the funds remaining in your bonus balance are moved to your cash balance from where you can request a withdrawal.
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A win caps put a ceiling on the maximum amount you can withdraw from your bonus winnings.
This limit can vary quite erratically from one casino to another. We’ve seen win caps of as little as $10 and as high as $200.
Bet Size Limits
Bet limits are restrictions on how much a single wager can be worth when playing with bonus funds.
For instance, if you claimed a no deposit bonus and were given $10, but the bet limit is $2, then you cannot place a bet for more than $2. You can, however, place 5 bets worth $2 each.
For free spins, there is no such thing as bet limit. However, the stake value of the free spins is always prefixed and the player cannot increase or adjust the bet value of the free spins. However, ff you win with your free spins, the bet limit will apply to the bonus funds you’ve won.
By applying bet limits, casinos mitigate the likelihood of a player winning a huge amount resulting from one single yet massive bet.
No deposit free spins are sometimes issued only for a single slot game. Even though this is the norm, it is not always the case. Sometimes, a handful of slots may be eligible for playing with free spins.
In the bonus terms, you will find a list of games and game categories which are ‘excluded’. These are games which you cannot play using your no deposit free spins. Excluded games usually comprise slots with high RTP and volatility.
This is because these slots are statistically more likely to pay out. In the case of high-volatyiliy sklots, they may also yield large wins.
Game Weighting Percentages
Different types of casino games have different weightage when it comes to wagering requirements contribution. Games with a higher house edge, such as slots, tend to have a higher weighting percentage.
The game weighting percentage table, found in the bonus terms and conditions, will tell you what fraction of a wager made on that type of game is calculated towards the wagering requirements.
Consider the below table as an example:
These percentages represent how much of your stake contributes towards your wagering requirement with each spin or hand.
If you play slots, an amount equivalent to your stake is deducted from your pending wagering requirement. If you play baccarat, however, the wagering requirement is reduced by 25% of your stake.
All casino bonuses have a shelf life. No deposit free spins are especially short-lived in terms of their validity period. Once the validity is up, the free spins expire and are no longer usable.
If you have gained free spins winnings, ensure that you also complete any pending wagering requirements before the expiry date.