No deposit bonus
While every online casino will offer deposit-matching Welcome Bonuses, not all offer a No Deposit bonus. It might take some looking around, but with so many casinos out there and available to Australian players, you’ll be sure to find one in no time. A No Deposit Bonus is exactly how it sounds; it’s a bonus of real money that can be used to play for real money at the casino without the player being required to make a deposit. This can be as little as $10 to as much as $60 or more depending on the online casino.
How it Works
All you have to do to claim your free No Deposit bonus is to register at the online casino. This might require you to do something as simple as putting in your name and email, or typing in your payment info just to verify that you’re a real person. The good thing about the latter is that if you decide you want to actually make a deposit, you can seamlessly do so since your payment info is already in there.
With the Welcome Bonus, they match your deposit up to a certain amount. With the No Deposit bonus, there’s no “up to.” You get that fixed amount and can dive in and start playing with it. With that being said, there are stricter stipulations with the No Deposit in comparison to the Welcome Bonuses and other promotions.
The industry standard for rollover with the Welcome Bonuses sits at around 20 to 25x. For the No Deposit bonuses, the rollover rate is usually around 60x or more. A rollover is simply the amount you have to bet in order to withdraw winnings. For example, if the no-deposit bonus is $10, you’ll have $10 to play with. If the rollover is 60x, you will have to place bets that total $600 before you can withdraw the winnings. But since it’s just free money to play with, it’s worth taking advantage of, and if you go on a bit of a hot streak, you’ll end up wagering that much in no time.
Some casinos also require you to make a deposit in order to withdraw your no-deposit winnings, even if you meet the rollover requirement. Another common stipulation is being limited to only playing certain games, and those games are normally those with a high casino edge, like Slots, Keno, and Scratch Cards. Finally, the last common stipulation is a maximum cash out limit, which might be avoided if you make an actual deposit.
When you make a deposit and take advantage of a Welcome Bonus, the stipulations aren’t as heavy as they are with the No Deposits. However, you usually don’t have to put down any of your own money, which means that the extra stipulations are pretty understandable. A No Deposit Bonus is also a good way to try out all the casino has to offer before depositing your own money, which is probably the point of their existence to begin with.