Win Real Money With No Deposit Required At Online Casinos

How to Win Real Money for Free with a No Deposit Bonus

Before we get into the details of how you can profit from no deposit offers without risking your own money, here is a quick summary:

1. Pick a free spins no deposit offer; or
2. Pick a no deposit free chip offer;
3. Check that the offer does not require a deposit;
4. Determine the wagering requirements;
5. Complete the free spins; or
6. Wager the no deposit bonus through the required number of times;
7. Cash out the winnings or enjoy your profits and play a few more games.

We will break these steps down, one by one, to make sure that we help you understand all the rules and potential caveats.

Why No Deposit Required Offers Have Wagering Rules

Let’s say you opened a cafe and you offered all new customers free coffee with zero restrictions. You may find that many of your customers act ethically, taking one coffee and then paying for their next. However, you may also find that some customers abuse your generosity, sipping complimentary coffee all day with no intention of returning.

We can all see the problem here. Restrictions are necessary because they help to curtail abuse. Terms and conditions such as wagering requirements can take a while to fulfil. Because of this, it is a more attractive prospect to genuine players than those merely in it for the money.

So how do wagering requirements help inhibit abuse? Well, every bonus has a value, and its wagering requirements determine how many times you have to ‘wager’ the value of your bonus. Let’s use an example to illustrate:

Example

888 Casino is giving away 20 Free Spins on slots with wagering requirements of 30x. If you use these free spins and win £10, you must wager this £10 before withdrawing your winnings. To work out the sum-total you have to wager, please use the following equation:

Value of Bonus (£10) x Wagering Requirements (30x) = Sum-total £300)

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Does Chasing Free Cash Through No Deposit Offers Pay Off?

Another way to ask this question would be “Can I make money from claiming loads of no deposit required free play offers”?

Apologies if we are bursting your bubble, but the short answer is that it is highly unlikely. Here’s why:

• Wagering requirements make it difficult to finally realize a positive balance when you have met the requirements. This is due to the random nature of the games, coupled with the fact that the total amount you need to wager tends to be quite sizeable in relation to the bonus.
• For example. A $10 no deposit offer might have a 50x-wagering requirement. That mean you have to wager $500 in total. You are only starting with $10, and could lose it all in a couple of spins.

Now don’t get us wrong, people do get lucky and come out on top from time to time, so you could get luck too. We know if many of our visitors who turn free spins or no deposit bonuses into a sizeable balance but there is no “get rich quick” opportunity here, unless you get super lucky.