What Is No Deposit Bonus and Why It Is a Steal for Newcomers?
Whenever you visit an online casino for the first time, you might have seen “no deposit bonus for newcomers” banner. Some live casinos, especially in the latter half of the 2010s, started this offer to promote their site among young gen gamblers. If you are new to the online casino scene, you will have some confusion in understanding its offers.
Look no further; we are here to clear all the doubts for you. This no deposit bonus scheme is beneficial in so many ways for beginners that whenever you see something like that, you should grab that offer as soon as possible. In this article, I am going to explain why it’s a great offer and how it can improve your gambling skills.
What is No Deposit Bonus?
In simple words, no deposit bonus is nothing but getting money for free. The last line may sound too good to be true, but that is the fact here. And what’s even better is anyone can avail this as long as they are playing for the first time in that particular online casino.
This free bonus is offered to encourage first-timers to have a taste of online slots. Just like the online e-commerce sites which give huge discounts to their first time users, live casinos give free bonuses to its amateur users. This is one way of getting you on-board so that even if you lose in the process, your hard-earned money will not go in vain. However, if you win, it will be completely free money that will encourage you to gamble more.
What’s the Eligibility Criteria?
Firstly, not all online casinos offer no deposit bonus at all. Some of the large-scale live casinos offer bonus money or spin only when you deposit a certain amount of money. In some rare cases, there are some criteria for using deposited money first. Then only you will be eligible to use free bonuses.
However, in recent times, many smaller and newer players in the live casino market started this trend of giving bonuses without any primary deposit. These free bonuses, in return, gave those casinos a head start as many opportunist gamblers started using their services to avail the free bonus.
In almost all casinos with no deposit bonus, there is one criterion standard. That is, a user can only get no deposit bonus if he is using the platform for the first time ever. After getting a free spin or free bonus, you have to use it during your first login only. And once you use it, you will not get any more free stuff with your current login id.
Can You Win Real Money Without Investing Anything?
Absolutely, People have won big bucks before, and they will continue winning it. However, everything depends on your luck and playing skills. Most no deposit bonuses are in the form of free spins in prime slots. Some of the slots offer instant cash while others offer a ticket to the progressive jackpot. If you are lucky enough to crack a progressive jackpot, you could win up to $10M.
So it is very much possible to get some real-world money by using only bonuses. The chances are low, but still, it is possible.
What Benefit No Deposit Bonus serves to Live Casino?
The number of live casinos is increasing day by day. Unlike land-based casinos, live casinos can be set up with moderately low capital. The operational costs are also very low compared to brick and mortar casinos. So, this market segment of online casinos is overflowing with competitors. This is where no deposit bonus comes to play.
In layman’s eye, no deposit bonus may be a bad investment. But, it actually increases the popularity of a casino. When a casino gives free stuff, some carpetbagger will try it, just because it’s free. Then they would go on and do some free publicity among their friends. Then more people will soon join the hype train just to get the free bonus. Some of them might like the game and stick with it for longer times. It is absolutely evident that casinos offering free bonuses tend to do a better job of capturing new users than once, which don’t offer a free bonus.
Final Thoughts
No deposit bonus is a blessing to gamblers. If you see a live casino offering no deposit bonus on its premium slot game, do try it on. After all, there’s no harm in trying free stuff.
Review Summary
Review Name: What Is No Deposit Bonus and Why It Is a Steal for Newcomers?
Posted On: 01/04/2020
Author: Emma Denton