Turning No Deposit Promos into Cash

Casinos and software developers are in constant competition with one another, and this has led to no deposit bonuses being offered to players. Read on to learn how to turn these promos into real cash.

What are No Deposit Bonuses?

Getting something for nothing sounds too good to be true, especially when it comes to betting and casinos, but players can enjoy great benefits by using free bonus codes which allow you to play table games or slots without depositing anything. Better yet, you can make real money by doing this. There are terms and conditions, of course, but it’s still a very safe and smart way to play.

Use Promos to Test out Games for Free

New games, particularly slots, are constantly being developed for the online betting market by a multitude of software developers keen to beat the competition. Promoting these games dovetails nicely with betting sites eager to encourage players to signup and that’s why no deposit promos exist. Players can take advantage of them to try out games for free and discover if the gameplay mechanics and graphics are to their liking. This ability to take a test run of a game is one of the major upsides of no deposit bonuses, but far from the only one.

If a player should strike it lucky, they can keep the profits they make (within a withdrawal cap), meaning there’s a combination of zero risk of losses and a real chance of cash profits.

The pandemic has seen a rise in online betting activity both in South Africa and around the world, and while players having fun is great, always remember to only bet what you can afford to lose. Using bonuses is one way to do this.

Check the Terms and Conditions

Pay attention to the terms and conditions. The casinos always put the flashy headline figure front and centre but the fine print matters just as much if not more than the number of free spins or cash you get.

This is because the terms determine both your maximum winnings and how easy it is to turn a bonus into real cash. The maximum winnings are limited by the withdrawal cap, mentioned above. This means there’s no point chasing progressive jackpots because even if you won, the cap would prevent you withdrawing more than a tiny fraction of the big prize.

Newcomers especially need to be aware of the wagering requirement. This is the total sum that must be wagered before you can withdraw any bonus cash or related winnings. It’s often around 30-40x the value of a promo (the lower the better, of course). Higher wagering requirements increase the time and decrease the odds on finishing ahead.

One key tip for turning promos into cash in the bank is to focus on high RTP slots. Slots tend to contribute 100% to the wagering requirement whereas table games can be half that or even less. Find slots with the highest possible RTP (return to player) to maximize your chance of making real money.

Also, check to see which games are prohibited, which are permitted, and be certain to stay within any minimum or maximum wager limits so you don’t void a bonus by betting too much or too little.

No deposit promos are the safest and smartest way to play, but always remember to cast your eye over the small print before signing up.