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How to Win Real Money from a No Deposit Bonus

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Ever wondered if it’s possible to win real money without depositing? Well, thanks to no deposit bonuses, it is. These could be free chips, free spins, or wager-free cash. You’ll usually get this on sign up, so keep an eye out for promo codes.

Join us as we take a deep dive into no deposit bonuses and how to win real money from them.

How to Claim a No Deposit Bonus

Time needed: 5 minutes

It only takes a minute or two to claim a no deposit bonus. Here’s how to do it:

  1. Choose a no deposit casino by checking the offers and calculating the wagering requirements.

  2. Fill in the registration form and include the no deposit bonus code if necessary.

  3. Claim your bonus and begin playing the games.

Types of No Deposit Bonuses

You’ll find different kinds of no deposit bonuses at online casinos in Canada. Here’s a short description of the most common ones:

Free Chip

Free chips are the most common form of no deposit bonuses. This is a fixed amount of cash that you’ll receive as a sign up bonus or on a special occasion like your birthday or when reaching a new VIP level.

Free Spins

No deposit free spins are usually available on selected slot machines. These allow you to try new games and experiment with the special features without having to stake real cash. The wagering requirements will be based on any winnings you achieve.

Wager-Free Bonus

Wager-free bonuses are everyone’s favourite and it’s no wonder why. These bonuses have no wagering requirements attached, meaning you’ll get to keep all the winnings you achieve from it. You can choose to withdraw it immediately or use your winnings to play other games.

Convert Your No Deposit Bonus

The truth is that unless you’ve claimed a wager-free no deposit bonus, the odds of you withdrawing pure cash immediately are slim. Wagering requirements may mean you need to deposit, so it’s important to factor this into your budget before claiming your no deposit bonus.

On the other hand, it’s always good to have a few strategies up your sleeve. This increases the odds of you walking away with a real money prize.

Here are a few tips to help you out:

Work out the wagering requirements

Calculate how much money you need to wager in total before being able to withdraw your no deposit bonus. For example, if you claimed a $10 free chip with 30x wagering requirements, you’ll need to play through $300 before you can withdraw ($10 x 30).

Pick your games wisely

If you’ve claimed a free chip, chances are you can use it on whichever games you like. Choose games with high RTP or low volatility to get the most out of your no deposit bonus. Games that tend to pay out more frequently make it easier to work through wagering requirements.

Understand the terms

Read through the terms and conditions before claiming the no deposit bonus. Understand what the maximum cashout is and run the numbers to decide if the no deposit bonus is worth claiming before using the code.

FAQs

What is a no deposit bonus?

A no deposit bonus is a casino bonus that you’ll receive without making a deposit. These are typically rewarded as a thank-you for signing up to the online casino. However, you may receive occasional no deposit bonuses via email or SMS if you subscribe to communications.

Can I win real money from a no deposit bonus?

Yes, you can win real money from a no deposit bonus. Remember that you’ll need to play through any applicable wagering requirements before being able to withdraw your winnings.

Do no deposit bonuses have wagering requirements?

Most no deposit bonuses have wagering requirements attached to them. In the case of free spins, the wagering requirements would be based on any winnings you achieve. However, you may come across wager-free no deposit bonuses – these do not have playthrough requirements.

Do I need a bonus code to claim a no deposit bonus?

This depends on the no deposit bonus and the online casino you are about to sign up to. Make sure to check the terms and conditions beforehand so as to not miss out.

Can I use my no deposit bonus on whichever games I want?

You’ll typically be able to use your no deposit bonus on whichever games you want when it is in the form of a free chip. However, you’ll probably be limited to selected slot machines in the case of no deposit free spins.