No-Deposit Bonus Vs. Welcome Bonus – The Best For Online Players?
No-Deposit Bonus Vs. Welcome Bonus: Which Is Better?
Undoubtedly, one of the most attractive features you can find in any online casino is bonuses. In fact, we would suggest that these bonuses are one of the major factors in determining whether a new player will join a newly discovered online casino. With this in mind, it’s not surprising the best online casinos to win the jackpot will also offer the largest variations of generous bonuses and incentives for all their new players. Probably the most well-known of these is the welcome or sign-up bonuses. Then we have the no-deposit bonuses, along with cash backs, loyalty rewards, free spins, and other tempting incentives.
Deposit Vs. No-Deposit Casino Bonus
As a novice online casino player, it’s essential that you understand the differences between a deposit bonus and a no-deposit bonus. Simply put, you’ll be required to deposit real money before you can claim a deposit bonus. This is in contrast to the no-deposit bonuses. For this, you can qualify without actually funding your casino account. In many cases, it’s simply enough to sign up for a casino account. Keep in mind that these latter bonuses will often come with a higher rollover requirement. You’ll find these listed as “wagering requirements.” It’s important to check these, no matter if you’re claiming a no deposit casino bonus or a deposit bonus.
What Is A Welcome Bonus?
It’s a given that all online casinos are in competition to sign up new players. In fact, when you first visit any new online casino website, probably the first thing that you’ll notice is the welcome bonus that’s offered as a promotion. You can look at this as a reward for becoming a member of the casino site. But don’t assume that you can play any game though. Many casinos will limit the number of slots, video poker games, jackpot games, or real money table games, that are available to be used in conjunction with your welcome bonus.
Another important fact to keep in mind is that all welcome bonuses will come with wagering requirements. You would have to meet these before you’re able to cash out or withdraw any bonus cash as real money. That’s why, here at Jackpotfinder.com, we always insist that you should read the small print of the welcome bonus, often called the bonus terms and conditions, before claiming it. Don’t assume that just because the bonus is generous, it’s still worthwhile claiming. It may prove an expensive means to try to win the jackpot online.
How Do Welcome Bonuses Work?
Today you’ll find that the vast majority of welcome bonuses are deposit bonuses. This means that you’ll have to fund a new casino account before you’re able to qualify. You may well find that some casinos will offer you a bonus code for use when you deposit into a new online casino account. On the whole, you’ll find the vast majority of welcome bonuses will come in two major forms. One of these is essentially a cashback. The other is a fixed number of free spins. Or a combination of both of these.
You’ll often see the bonus listed as a percentage of your initial deposit. For example, 22Bet Casino offers 122% up to 300 euros as a welcome bonus. This means that they will match your deposit up to 122%, with the maximum you can receive set at 300 euros.
Reasons To Claim A Welcome Bonus
We don’t suggest that you look at all welcome bonuses as free cash, due to their stringent requirements. But they do have the real advantage of being able to increase your bankroll. If you’re a new player, then there are a number of reasons why it might be a good idea to claim the welcome bonus. These include:
- Trying out new games without too much risk.
- Increasing your winning chances at an online casino.
- Gives you a better understanding of the terms and conditions of the wagering requirements.
- The welcome bonus is often a mix of bonus cash and free spins.
What Is A No-Deposit Bonus?
Just as it says in its name, a no-deposit bonus is one that you can claim without having to first fund your account with an initial deposit. Once again, it comes in the form of either free spins or bonus cash or a mixture of both. These days no-deposit bonuses have gradually gone out of fashion and you’ll be hard pushed to find any on offer. Nevertheless, if an online casino is putting out a new game that it wants its players to try, then it may well offer no-deposit bonuses as an incentive.
Sometimes you may well receive a no-deposit bonus as a reward for carrying out certain activities. It can be connected to such things as referring a friend to the casino. It goes without saying that the no-deposit bonus is certainly going to be much smaller than the regular welcome bonuses. After all, a no-deposit bonus really is a form of free cash. To that end, all casinos that offer them will also ensure they come with much higher wagering requirements. And can only be used on a very select few game titles.
Benefits Of A No-Deposit Bonus
Below we’ve listed some of the reasons why it might be advantageous to claim the online casino no-deposit bonus
- There’s no need to make a deposit.
- It’s a great means to try new games before making real money wagers.
- They will give you more playing time.
- You can generate winnings with a free bonus.
Best Online Casinos No-Deposit Bonuses
As previously mentioned, the online casino no-deposit business is probably as rare as hen’s teeth. You’ll also find that, in many cases, they don’t exactly offer what they promise. That’s because the online casinos that are offering no-deposit bonuses will often hide their very high wagering requirements within the site’s terms and conditions. Meaning you’ll need to trawl through the small print in order to discover exactly how much money you need to spend in order to utilize them. In many cases, it’s simply not worth your time and effort.
No-Deposit Bonus Vs. Welcome Bonus: A Comparison
In order to see at a glance the positives and negatives of both the welcome bonuses and no-deposit benefits, below we’ve listed the major factors:
Online Casino Welcome Bonus
Pros
- Bonus cash as much as $1,000.
- Some welcome bonus codes can be used more than once.
- A way to increase your chances of winning real money.
- A welcome bonus can consist of both cash and free spins.
- There’s a wide variety of welcome bonuses on offer.
Cons
- Only a minimum deposit is required.
- The bonus is exclusively for new players.
Online Caino No-Deposit Bonus
Pros
- Try out new games without real money gambling.
- Free chips to win real money.
- Allows you more playing time.
Cons
- The Wagering requirements are very high.
- This is a rare bonus.
- Very low maximum withdrawal.
- Much smaller bonus cash.
Which Type Of Online Casino Bonus Should I Go For?
As you can see from our above list of the pros and cons, both no-deposit and welcome bonuses each have their own positives and negatives. Nevertheless, we suggest that you just stick with the traditional welcome bonuses. They offer many more benefits and much fewer drawbacks than the no-deposit bonuses. Though it might look tempting to claim no-deposit bonuses simply because you’re not required to fund your account, the small print of bonus terms and conditions will quickly negate this perceived benefit. The chief of these is that no-deposit bonuses are not really free. After all, to utilize them you’ll still have to play with real money. And in order to fulfil the stringent wagering requirements, you’ll need to play your cash through many times before you can actually withdraw any bonus winnings.
It’s always a good idea to choose your casino bonuses based on the type of player you are, the kind of games you’re interested in, and the situation you’re in financially. But we should state that any serious player who’s looking to win real money from an online casino would never rely on the no-deposit bonuses. It’s just too difficult to make enough money for a worthwhile withdrawal.
Go For The Traditional Welcome Bonus
In truth, you won’t find many no-deposit bonuses on offer today. If you do find some then don’t jump for joy just yet. After reading the small print you’ll probably come to the conclusion that they are just too small to with bothering with. In addition, the wagering requirements will be challenging, to put it mildly. Yet by sticking to the regular welcome bonuses, like those offered by 22Bet Casino, you’re going to be able to make the most of your casino funding. And in many ways, a regular welcome bonus, whether it comes in the form of cash or free spins, or a mixture of both, is going to give you the best possibility to increase your jackpot winning chances.
Apart from the fact that no-deposit bonuses are now rarely offered, they are usually small and come with challenging wagering requirements. In most cases, a welcome bonus is the recommended option. Simply because it allows the player to make most of their money, often offering reasonable rollover requirements, without wasting time looking for no-deposit promos.
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