Casino Bonus Offers You Free Money
Casino bonuses are the way casinos attract new customers. While you might think these offers are pitched to new players, they actually can be used by any new client. That means experienced players can take advantage of some great offers just for trying out a new casino. Offers come in the forms of no deposit bonus dollars, free spins, and matching dollars on deposits.
While the offers are tempting, some are better than others. We'll walk you through the red tape so you can be sure to find the best and avoid the rest.
Types of Bonus Offers
Casinos generally offer three types of bonuses to new customers: no deposit bonus dollars, free spins, risk-free bets, and matching deposits. Each offer has its own benefits depending on what and how you play.
No Deposit Bonuses
No deposit bonuses are a great way to try out an online casino with no commitment and no chance of losing a penny. These offers are a primary way that casinos try to attract new customers (and lure them away from competing casinos).
With a no deposit bonus, a casino will place the specified amount into your account (between $10-30), which you may then bet as the stipulations allow. Generally, you are free to use the credit toward all games, though sometimes the credit is delegated only for, say, slots.
Slots players are particularly attracted by the offer of free spins, but no sane gambler would turn down the chance at free money. This gives you a great chance to try a number of games and see where you have the best luck.
Free spins may be limited to certain games. Generally, there is a playthrough requirement before you can withdraw the winnings you made with free spins. Check the casino's terms and conditions regarding the wagering requirement.
Bear in mind that you may actually get more free spins with a no deposit bonus than with the free spins offers. A free spins offer may give you 50 free spins, but you might make a hundred or more low-wager spins with your no deposit bonus dollars. It pays to look beyond the free spins offers if you want to get some great free opportunities.
Of course, winning is best, but not losing is a close second! Although not offered as frequently, casinos will also offer to refund you on a losing bet. Risk free bet offers generally hover around a generous $200 or more, and they're often offered in combination with other offers for new clients. They make for a great second chance for new bettors or an opportunity for some potentially very high returns on a long shot.
Terms and conditions will specify whether the bet is refunded as withdrawable cash or credit to be applied toward a future bet. Be sure to also check that the bet you're wagering on falls under the risk-free offer.
Many casinos offer to match your initial deposit or offer seasonal matching deposits to their clients. The matched deposits can run between $100-$1,500. So when you deposit $100, you'd immediately see $100 added as bonus dollars.
Bonus dollars are not exactly the same as your dollars. Instead, they have a playthrough value or wager requirement where you have to bet a certain amount of money before you can receive your winnings. Still, if you are planning on spending some time at the casino, matching deposit bonus dollars are free money, and we're not going to turn that down.
Terms and Conditions
While casino bonuses often look the same, their terms and conditions spell out different realities. Depending on how often you play, how long you'll be in New Jersey, the amount you bet, and which games you play, some bonus offers will be better than others. That's why it's important to read the terms and conditions; you could decide against an offer that you could really benefit from.
Wagering Requirements and Playthroughs
When casinos give bonus dollars, that credit is free to play with and win with. Casinos would not be around long, however, if their customers could just take the money and run. If you want to withdraw the winnings you have earned with the bonus dollars, casinos will require a wagering requirement with playthrough rules.
A 1x wager requirement would necessitate that you bet, or play through, the same amount (1x) the amount you were given as a bonus. So if you were given $20 in bonus dollars, you'd have to bet another $20 of your own before you could withdraw all the earnings. That means you can bet $40 by just putting $20 down, which is a good deal!
But what if you don't win off those $20? You are in no way obligated to keep playing or deposit any money. In fact, many casinos will allow you to opt-out of the bonus at any point. So you can then put down your own money without a wagering requirement.
Instead of opting out, casinos specify the time allotted to use your bonus. After that period, the bonus dollars and any winnings will be canceled. You may also deposit money at that point and play without a wagering requirement.
Wagering requirements are standard casino practices in both physical and online casinos. They create a mutually beneficial relationship where clients can win big and casinos have some return for their offer.
Casino Shopping Strategies
You can, of course, engage in casino shopping (or hopping or hunting, depending on how you look at it). No deposit bonuses do not obligate you to anything. In fact, you don't even have to give the casino your financial details. There is nothing to keep you thereafter you've played through your bonus dollars, so why not do some window shopping (especially when you can close the window with a click later)?
There are two opposite ways of taking advantage of no deposit bonuses: making high volatility bets or playing it safe.
Some players use the no deposit bonuses and make aggressive wagers at high volatility games. If you win $200 with that $20, it's definitely worth your money to play through another $20-40 until you've satisfied the wagering requirement to withdraw.
Other players like to take the bonus dollars and make as many low wage bets as they can accumulate gradual wins.
While these are opposing strategies, they are both statistically valid means of potentially scoring real cash off of these bonus offers from online casinos.
Be sure to check the terms and conditions to make sure the offer complements your betting preferences.
Check out these deals:
Virgin Casino has one of the sweetest starter deals out there: $30 in free, no deposit bonus dollars and up to $100 cashback on your initial deposit. Hurry while it lasts!
Golden Nugget has a bonus for new clients: $20 free, no deposit bonus dollars and a 100% matching deposit!
PlayMGM: how about a $25 signup bonus plus up to $1,000 matching deposit bonus?
Casino 888 is offering a double treat: $25 free, no deposit bonus dollars and matching 50% on up to $2,000 deposit!
Frequently Asked Questions
Do I have to give my credit card information to get no deposit bonus?
No. Not only can you use no deposit bonus dollars without giving your credit card information, but you also do not have to provide any financial information to play online casinos with free bonus dollars. In fact, you do not even have to have a credit card to play in online casinos. Casinos have a number of payment options for deposits and withdrawals, including PayPal and paying cash at the casino's cage. Check your casino's website for payment options.
Can I get real cash from free spins?
Yes, you can earn actual cash from free spins. Withdrawing cash usually involves a play through requirement, where you can make and keep additional winnings. See our section above on terms and conditions to learn more about it.
Can I register for an online casino outside of New Jersey?
Yes, you can register anywhere in the U.S., provided you can satisfy the casino's requirements for proof of identification. So if you're planning to be in N.J., why not register soon before so you can take advantage of your time there?
Bear in mind that most bonus offers have time limits, which is usually between 2 weeks and a month (though some are longer). Check your terms and conditions.
What is the best deal for no deposit bonuses for new customers of online casinos?
We have hunted down some of the best offers for you! See our recommendations above and get to playing.