When selecting a no deposit casino offer, it is easy to pay little attention to anything other than the free cash amount. However, there are equally important factors that contribute to the best bonuses. Here we detail all the things you should look out for when choosing a promo.
The size of the free cash element, of any promotion, is always going to be the headline grabber. Promo codes for these offers will usually provide players with between $10-50 of bonus funds. Anything above this should be considered particularly generous.
Probably the most common consideration, after the bonus amount, wagering requirements can vary widely.
Theses requirements specify how many times you must play through (wager) bonus cash. Fair requirements are considered to be between 20-40x the initial bonus amount. This means for a $20 free cash offer, with 20x wagering requirements, $400 must be wagered before any winnings can be withdrawn.
You should also consider how much each game type contributes to wagering requirements. For instance, it is possible that slots games will contribute a higher percentage to wagering requirements than table games. The best promo offers will allow your preferred games to make higher contributions, to these requirements.
Winnings caps are relatively common, but not always front of mind when players are considering different promo offers. They are put in place by casinos to limit their potential losses, and you can expect to see them set at 2-10x the bonus amount.
It is therefore worth noting that a $20 free cash offer, with a 2x max withdrawable winnings cap ($40), could be less beneficial than a $10 no deposit promo with an 8x winnings ($80) cap.
Some no deposit offers will also limit the bet size you can place, meaning only a small proportion of bonus funds can be used in one go. This is another way casinos control the potential losses they will make.
This means, for a $20 bonus with a 20% bet size limit, only $4 of the bonus can be wagered in one go. The best offers will have less restrictive bet limits, giving players flexibility and the opportunity to make bigger wins.
On occasions, such as when a casino is trying to promote a new slot, promos will be limited to specific games. This is important to note if you are only interested in a certain type of game.
From this run down, it is clear to see there are many factors that contribute to making the best no deposit offers. When selecting from a range of promo codes, as well as the initial bonus amount, you should ensure wagering requirements are fair (20-40x) and winnings caps aren't too restrictive (ideally 5-10x bonus amount). Higher betting limits will also increase your chances of landing a big win.
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