The other type of no deposit bonus is called the no deposit free cash or no deposit free credit. Here too you receive a reward simply for signing up with the casino. However, instead of the reward being a bunch of free spins, you will receive a sum of money you can spend at the casino.
A lot of players prefer no deposit free cash over no deposit free spins since free cash gives them more flexibility. With free cash, you can play table games as well as slot machines. Furthermore, you can also change the value of your bet. For instance, if you have received $10 free cash, you can use all $10 on a single wager or make 10 wagers of $1 each, the bet amount is adjustable by you (providing you do not breach the Bet Limit term).
Additionally, wagering requirements on free spins are usually applied on the winnings made from playing with free spins, whereas with free cash, the wagering requirements are applied directly to the bonus amount.
Just because a no deposit free cash bonus allows you more operating room does not necessarily mean that every no deposit free cash offer is better than every no deposit free spins offer. If you wish to compare two specific offers and find out which one is better, you will need to calculate the monetary value of both bonuses.
In the example below, we illustrate how you can compare two different offers.
Example: Which offer is better?
- A). 10 no deposit free spins on the game Starburst
- B). $15 no deposit free cash
In this example, the monetary value of the no deposit free cash is readily available. It is $15.
To calculate the monetary value of the 10 free spins, you first need to find out the value of each free spin. You can find the free spin bet value by reading the bonus terms and conditions. Usually, the value is fixed to the lowest allowed bet value of the game. Let’s imagine the free spin value has been set at $2 per spin.
In this case, to compute the monetary value of your no deposit free spins bonus, you need to multiply the number of free spins by the value of each free spin = 10 free spins * $2 = $20.
Thus Offer A is worth $20 and offer B is worth $15. This is how you directly compare two no deposit bonuses.