About No Deposit Bonuses Offer by Online Casinos
Today the competition between online casinos and poker rooms for paying customers is fierce and each online company is constantly trying to find new ways of attracting new customers. One popular way to do this is to offer a no deposit bonus. This is where the online casino essentially gives you a fixed amount of money – frequently about ten dollars – just for signing up with them and regardless of whether or not you immediately deposit any of your own money.
Everyone likes the idea of getting free money, so it can come as no surprise that this bonus has become one of the most popular ones available. However, the casinos and poker rooms are in business to make money, so these bonuses usually include special terms and conditions.
Common Terms Applied to No Deposit Bonuses
At the beginning of the era of online casino games and poker rooms, many of these enterprises found themselves falling prey to professional bonus collectors. These people would sign up for multiple online casinos offering good bonuses, would collect their free money and then quit as quickly as they could taking their money with them. As a result, most no deposit bonuses today have special conditions, usually related to the new player’s ability to withdraw funds.
Some stipulate that a player has to make a deposit before he can withdraw any money, including the bonus money. Others set withdrawal limits, meaning that the player cannot withdraw any money from the casino until so much money is in the player’s account. Others require player to either play – or to win – so many games before they can withdraw money.
Other methods of encouraging the new players to deposit their own money or play a lot of games involve placing specific terms on the bonus money itself. For example, the bonus may have a fixed time limit, meaning that it only exists for a certain period of time: one hour, one day, or one game session. Other casinos and poker rooms restrict what you can win using your bonus money.
For example, if your no deposit bonus was for $10, they will stipulate that you can only win a further $10 using only the bonus money, thereby encouraging you to deposit your own money. Further, this restriction can work in tandem with a withdraw limit, so you may have to have $100 in your account before anything can be withdrawn.
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