A ‘No Deposit Bonus’ Is Nice And All… But When Can I Actually Withdraw Real Money?

If you’re a fan of online gaming, chances are you’re familiar with one of the most widespread incentives many casinos offer – no deposit bonuses. However, it’s important to remember that obtaining that much-desired no-deposit bonus isn’t always as simple as it may seem or as you hope. Consider the bonus as a gift that comes wrapped up. Just as you need to unwrap the package to reveal your gift, the bonus comes with strings attached, in terms and conditions, which must be met before you can fully enjoy your rewards.

Therefore, it will help you to read more about no-deposit bonuses before diving in and trying to claim one. One of the things you need to be aware of is how this type of bonus works. It’d be foolish of any player to think a casino will readily give away free bonus money that’s instantaneously withdrawable. But don’t fret or feel silly if you thought it was that easy. There are many things players do that can (and should!) be avoided when playing at a no-deposit casino.

Let’s examine what you need to know when claiming money from your no-deposit bonus.

When Should I Claim A No Deposit Bonus?

If you’re interested in no-deposit bonuses and want to withdraw your winnings, consider the following points.

Consider The Terms And Conditions Of A Particular Casino

First, your eligibility to claim a no-deposit bonus varies according to the site you’re using, as each casino or betting site has its terms and conditions for its bonuses. However, in general, players should not expect to be able to withdraw any real money until they have met specific requirements.

Wagering Requirements

This is a key factor you must consider because you can’t withdraw your bonus before meeting these requirements. Put, wagering requirements stipulate the number of times you must wager (or play through) your winnings before withdrawing them. They are usually represented as multiple. So if you have a £50 bonus and the casino stipulated a 10x requirement, you’d need to bet £500 before withdrawing your winnings.

Always check the wagering requirements before trying to claim a no-deposit bonus to ensure you can fulfill them within your available time frame.

Time Limit

Bonuses come with a time limit. If you don’t abide by the specified time frame, you risk losing the bonus prize that you won. So it’s essential to ask yourself whether there is sufficient time to play through (or wager) the bonus before you start playing.

Excluded and Eligible Games

There might be certain games that wouldn’t contribute towards a playthrough. If this is the case, casinos will exclude the wagers placed on these specific games from counting toward the clearance of your bonus.

On the other hand, if a game contributes to the wagering requirements and is eligible, the casino will not list it as an excluded game. Knowing the casino games in terms of whether they contribute towards playthrough will ultimately benefit you when it comes to cashing out your winnings.

Game Contributions Percentages

Online casinos classify games into different categories based on their contribution toward fulfilling your wagering requirement. Therefore, choosing your games carefully is key, as they will affect your target differently.

Although all games significantly contribute towards the wagering requirements, slots generally contribute the most. Therefore, it may be a good idea to play some slots as well. This consideration is another factor that comes in handy when you get to the point of withdrawing your winnings.

Steps To Withdraw Online Casino Funds

Now that you know what factors to consider before claiming your no-deposit bonus, it makes sense to know how to claim your winnings once you’re eligible. The following is a step-by-step guide:

1. Navigate to the cashier or payments section of the website.

This section will show you the total amount of funds you have and how much you can withdraw now. If you cannot see your welcome bonus in the withdrawable funds, it may be because you have not yet fulfilled the wagering requirements.

2. Select the withdrawal method that you prefer to use

3. Indicate the amount of money that you wish to withdraw

4. Input your casino password

5. Press the “submit” button to initiate your withdrawal request. Keep your ID handy during this process since you may be asked to provide it at some point.

Other Crucial Considerations To Make…

The topic of fund withdrawals is also closely tied to the subject of responsible gambling, which is a crucial factor that’s not only applicable to new players. Even the most avid players must play safely and set limits for themselves. Therefore, you should only claim your no-deposit bonus if:

You can gamble responsibly with the no-deposit bonus, and you acknowledge that a bonus is only a means of entertainment.

  • You know that chasing losses is not a smart move for any player.
  • You have sufficient time to play through your bonus before it expires and will not feel obliged or rushed to use it.
  • You can maintain realistic expectations and understand that it’s typical not to win anything, and if you do, the amount will likely be modest.
Marie Foster
Marie Foster
Marie Foster covers Business News at OSN.

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