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Are No-Deposit Bonuses Really Profitable?

Today News by Today News
February 10, 2023
Reading Time: 5 mins read
Are No-Deposit Bonuses Really Profitable?
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If we read information about contemporary online casinos, including the CryptoReels casino review, we can see that all establishments offer their customers various loyalty programs. The more extensive the loyalty program is, the more customers will come to the casino. After all, almost every player is interested in increasing his bankroll, because it can significantly affect the amount of winnings. You can find out more about loyalty programs by following the link https://en.wikipedia.org/wiki/Loyalty_program .

Online casinos can be a bit of a shocker for new players. You may also just get spammed with amazing offers and bonuses just for registering. And then new players may not want to play with their money right away, so they are offered no deposit bonuses.

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Types of Bonuses at Online Casinos

Modern casinos offer many different bonuses. They can be categorized as deposit or no-deposit bonuses.

The most popular deposit bonuses include:

Welcome BonusWhen you make a deposit for the first time, you get an extra bonus in the form of money or free spins
Return BonusTo bring you back into the game, you may be offered an extra bonus if you come back.
Highroller RewardCasinos love generous players and reward them for high bets. Many online casinos offer high-roller bonuses in the form of free spins and rebates.
CashbackUnder certain circumstances, online casinos will give back a portion of the money spent for your greater earnings.
Point AccumulationThis is similar to supermarket bonuses. You make a deposit, pay money and in return, you get bonus points that you can spend on casino games for more profits.

But what to do if you are visiting Cryptoreels casino online for the first time, you do not have a deposit and you are not sure if you want to make it yet? For such cases, there are no deposit bonuses. 

No-Deposit Bonuses

A no-deposit reward is a certain amount of money that is credited to a user’s account for a certain action. You can use it at your own discretion, for example, to make some bets in slots, table games, or some lotteries. For live casinos, no-deposit rewards are extremely rare. As a rule, this is a small amount, which can reach up to 10-20 dollars. However, even this amount is enough to get acquainted with the platform.

No deposit bonus is divided into two types:

  • bonus money;
  • free spins.

Gambling establishments provide these incentives to their customers to get acquainted with gambling, play for real money without investing and make sure that this online casino is really worth their attention.

How to Get a No Deposit Bonus

It is very easy to get the Cryptoreels no deposit bonus. It is enough to meet the simple requirements of this particular casino.

Usually, bonuses are given upon registration, and this requires an email and phone number. However, other options for getting bonus coupons are also possible:

  • social media activity: many casinos periodically raffle off gift offers, the requirements may vary – from simple likes or subscriptions to reposts;
  • streaming or a casino-friendly YouTube channel: you will need to visit the streamer’s channel, subscribe to it and actively participate in the live broadcast, or listen carefully to the promotional integration in any video where there will be a promo code;
  • exclusive reward: every client can get it, regardless of the status or the amount of deposits made.

If you plan to withdraw cash, always pay attention to whether this is allowed on a particular platform. In rare cases, it may provide such remuneration only for promotional purposes.

Requirements for the Bonus

Most casino bonuses come with wagering requirements. Casinos that offer bonuses without wagering requirements will indicate this in their promotional materials – just because the advertisement does not mention wagering requirements, it does not mean that there are none. So read the rules of promotions carefully.

No deposit bonuses tend to have higher wagering requirements than other types of bonuses. This is because casinos would like players to stay after receiving the no-deposit bonus, rather than withdraw it.

The wagering requirements are determined by each casino, which means that there isn’t really an “industry standard.” Requirements can range from x15 to x50 or higher. It’s always a perfect idea to check the wagering requirements in advance, that is before accepting any bonus.

If you don’t know what the wagering requirements are, now is the time to find out. Here’s an example to help unravel those rules:

  • the casino offers a $5 no-deposit bonus to new members upon registration.
  • the wagering requirements attached to this bonus state that you must “prolong” or “wager” 50 times the bonus amount within 30 days;
  • this means that you must bet $250 within 30 days before you can claim any cash won with the bonus funds.

Remember that different games will contribute differently to your overall wagering requirements. This is called a wager and it is set by the casino itself. Game wagering requirements can be found in the casino’s bonus terms and conditions. In many cases, games such as jackpots do not contribute to the fulfillment of wagering requirements, and table games only contribute a small percentage of the wager. Learn more about jackpots from Wikipedia at https://en.wikipedia.org/wiki/Progressive_jackpot .

Some casinos list games individually, while others simply set game wagering by category. As a general rule, slots usually have a fairly high wagering potential, while table and live games have much lower values.

Why Do Casinos Offer No Deposit Bonuses?

No deposit bonuses are part of the online casino loyalty program. Bonuses that are issued without making a deposit are intended to attract new people to online casinos and enable them to get acquainted with the platform. So a newcomer can understand the features of game mechanics and appreciate the benefits of the casino. 

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