This kind of bonus offer has been around for several years now and is growing in popularity, certainly among some of the top Microgaming casinos like Party Casino.
How does it work?
Well, generally, you are given a “free bonus” with which to play at the casino on a free play account. The amounts vary, but tend to be much higher that a match bonus, and can be anything up to $3000 or its equivalent in pounds sterling. They are certainly higher than straight no deposit bonuses like these which tend to be in the order of £/$/€ 20 or so.
There is no need to purchase anything (no deposit required) and you will generally get a time period in which you will need to make bets at the casino and try and win as much as you can. At the end of the allotted time period (which is normally an hour, but we have also seen casinos offering half an hour and even a month), you are able to transfer any winnings over and above your “free play money”into a real account, and off you go. Click HERE for more free spins casino offers.
So where´s the catch?
Sounds too good to be true, doesn´t it? Where´s the catch, we hear you ask? Well, there are other terms and conditions on these offers of course (there always are!).
We do like these casino bonus offers, because you do not need to risk any money to begin with to get your free play budget. If you don´t win anything, you can just walk away after the allotted time (the free hour or whatever).
If you do win, there are a couple of caveats:
– Normally there is a maximum amount you can transfer into your real account (generally of the order of £/$/€ 200 or so).
– You cannot just withdraw your winnings at this point.
– You´ll need to make a minimum number of bets before you can (you´ll need to hit the general wagering requirements).
– At most casinos, you´ll need to make a minimum deposit before you can transfer your winnings (normally around £/$/€25 or so).
So are these promotions worth it? Well, as we mentioned above, they are pretty risk free up until the point of you having to make a deposit after the free hour.So what´s to lose?
Plus, if you do, say win £100, and you need to deposit £20 to transfer it to a real account, you are effectively getting a 500% match deposit, which is a scorcher of an offer.
For our money- these are good offers. See how much you can win, and them deposit the minimum to transfer your winnings (unless they offer a match on top of course). If you don´t win after the free hour is up, the choice is yours as to whether to make a deposit and you will have had an hour or so to thoroughly test out the games that they have on offer.
Always check the small print before you play, as these T´s and C´s do vary by casino- we have just tried to give you a general overview of what the majority cover. As always with these offers, it’s easier to take it as a slots bonus, than say to play roulette games with the free money. That’s because you’ll hit your wagering requirement quicker playing slots.