The popularity of no deposit promos is well established, among both new and existing customers. Due to this, you've likely come across operators offering either free cash or free spins, in an attempt to attract your attention. Given the seemingly endless number of these offers is unfortunately not matched by the supply of time/money, it's important to pick the offer which is best for you. Here we will explain the differences between the offers, their main benefits and who they most suit.
Definition of No Deposit Bonus Types
If you're completely new to online casinos, it is perhaps useful to first outline the different no deposit offers.
Upon registering, opting in, or redeeming a promo code, free cash offers will instantly add funds to a player's account. Whilst this is real cash, to prevent immediate withdrawal casinos apply various wagering requirements. This allows players to test new games, or try their luck on a volatile slot, whilst also protecting an operator against big losses.
For free spins promotions, no monetary value is added to a player's account. Instead, these allow players free goes on slots - often the slots which can be used are restricted to those an operator is trying to promote. After using all of your promotional spins, any winnings are then added to your casino wallet and treated like normal bonus funds. This means winnings are also subject to wagering requirements before they can be withdrawn.
No Deposit Cash Bonuses
This type of offer usually carries a value of $10-$100, with wagering requirements around 30-40x the bonus amount. The main positive of no deposit cash bonuses comes from their flexibility. This means new players can try out a variety of game types, including table games, scratch cards and more.
It is important to note that due to the generous nature of this offer, maximum withdrawable winnings can be restricted. This can be a key differentiator when selecting bonuses, regardless of the initial promo amount.
Pros
- Have a fixed value, so you know what you have to play with.
- Bet size is flexible, so you can use the funds as quickly as you desire.
- Allow you to test various games.
Cons
- Can be used up quickly.
- Maximum withdrawable winnings can be more restricted.
- Can have restricted periods of validity.
No Deposit Free Spins
The most obvious difference with this type of offer is that it caters specifically for slots players. Providing anywhere between 10 and 50 spins, each one tends to carry a relatively small value of between $0.10-0.50. This means players often look for high volatility slots to use these on, which can result in far larger amounts of bonus cash than those given out by free cash bonuses.
Pros
Cons
Conclusion
Which of these two promos best suits you largely depends on two things. Firstly, you need to consider your preferred game types - with free spins being of little use to table game enthusiasts. The second consideration is your appetite for risk. Whilst free spins carry the risk of a player winning no bonus funds, using these on a highly volatile slot could pay handsomely.
