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A little bit about No Deposit Bonuses at Online Casinos

Online casinos want your business.  It’s a tough business make no mistake.  In order for them to get you to try their offering some casinos will give you free money to play with.  That’s right, 100% free REAL cash.  Don’t be naive though, the free money does come with terms and conditions (what does’nt these days…) but if you make the terms set out you can withdraw this money and it becomes real cash in your pocket, to spend as you please. Bear in mind that not all online casinos offer no deposit bonuses.

A little bit about Deposit Bonuses at Online Casinos

Another great marketing tool that online casinos have in their arsenal is offer deposit bonuses.  As the term suggests, it is a bonus that you get for depositing your money with them and for playing at their casino.  One of the most common deposit bonus is a 100% match bonus.  Basically what this means is that the casino will match your deposit.  So if you deposit 100 (in whatever currency you choose to play in) the casino will credit your bankroll with another 100.  This will give you 200 credits to play with. Remember that all forms of bonuses come with terms and conditions.  Make sure you understand these clearly before proceeding with any promotional offer.

What “Insurance” means when playing at Online Casinos

If an online casino offers you insurance on your deposit you are basically insuring yourself against any losses.  For example:  Say you deposit 100 credits and you have a 50% insurance deal.  If you lose your 100 credits, the casino will credit your account with another 50 credits to play with.  50% of your deposit.  Generally speaking Insurance comes with a lot of strict terms and conditions, usually much more so than no deposit bonuses.  So while insurance is sometimes a good thing, it can also turn out to be a double edged sword.  Should you win a fair amount while playing with your insurance credits, you might not be able to cash it out untill all your wagering terms are complete.  So again, we stress that you must be perfectly clear on what the terms and conditions are for any promotion on offer.

What “Wagering Terms” mean with Bonuses at Online Casinos

Wagering terms are related to any free casino money that you receive from online casinos.  This could be in the form of a No Deposit Bonus, Deposit Bonus, Free Spins, Insurance or Cash Back.  Each online casino has different wagering terms and conditions and usually each section of free money has different conditions.  Basically, if you see a no deposit offer that has a 30x wager attached to it this is what it means.  Say for example you are offered a 10 chip no deposit with 30x wagering, it means that you must bet the free money 30x before you are able to cash that money out.  So 10 x 30 is 300, so you must have wagered 300 chips worth of bets with the original 10 free chip before you qualify to cash out.  It may seem excessive, but it is totally achievable and many players cash out on free chips.

 

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