A “No Deposit Bonus” is a standard incentive for new players. They are as close to “free money” as one can find in online gaming. With no deposit required from the player, the online casino gives a certain amount of “credit” that can be used to test out the casino’s offerings.
Most commonly given out to attract new players by demonstrating their games for a trial run, a No Deposit Bonus can also be given out as a reward for frequent players to keep them coming back. This latter offering is less common but does exist.
Free Sign Up Bonuses
Sign Up Bonuses are essentially the same as a No Deposit Bonus in that they are also a credit that can be spent at an online casino. However, the Sign Up Bonus is generally offered only once, when the player initially creates a new account at an online site.
Some online casinos do offer to Sign Up Bonuses when a player renews a membership but the most common time and most generous amounts for Sign Up Bonuses is at the time of initial membership. This gives new players some leeway to spend money without suffering any losses while they get to know the online environment they have just joined a little better.
Free Spins No Deposit
A common form of bonus is the Free Spin Bonus. Rather than being a credit account or pre-set amount of money, the Free Spin Bonus offers players the chance to take a free spin on an online slot machine. Often these bonuses include multiple spins, with some restrictions on which virtual machines can be used with a Free Spin Bonus.
Free Slots Bonus No Deposit
Similar to the Free Spin Bonus is the Free Slots Bonus. These often involve allowing a certain number of spins on preset online slot machines. The differences between Spin and Slot Bonuses are often where and at what machine they can be redeemed. Both are nonetheless often included in the initial sign up bonus deals or as a promotional offer to attract new players
Free Casino Credits
A Free Credit Bonus is a way to give players free money. They are sometimes a dollar amount in either the form of regular cash or online chips. They cannot be cashed out without meeting preset requirements. Often this will include such qualifications as making a certain number of bets with the Credit Bonus within a certain set amount of time.
Once these requirements have been met the Credit Bonus account can be cashed out if it still has a positive balance. This is basically another term for a No Deposit Bonus in that it offers “free money” to attract new players.
Free Casino Chips
Free Chips bonuses are similar to a Credit or No Deposit Bonus, but they are focused on virtual chips. These chips cannot be used for a slot machine but, unlike a Free Spin or Free Slot Bonus, can be used in specific games that rely on chips to track winnings and losings. Many virtual card games use virtual chips and this type of bonus can be coveted by players who prefer those kinds of games over slot machines.
The reason to differentiate between slot-specific and card game bonuses is the ensure that new players sample a variety of games offered by the online casino. Some players enjoy getting multiple types of bonuses so they can sample a variety of games while other players want to focus in on a single type of game. Rather than give a set dollar amount that can be used wherever the player wants, making them game specific helps the casino keep track of the bonuses they give out.
Getting a Welcome Bonus can be beneficial for a new member. A Welcome Bonus is a package of multiple bonuses offered at initial sign up. When a new player gets multiple Sign Up Bonuses or a Sign-Up Bonus and a Free Slot and/or Free Spin bonus then that package will often be called a single Welcome Bonus instead of naming each individual type of bonus included.
Casino Bonus Codes
Many of these bonuses are credited through the use of a Bonus Code. This allows the online casino to track its giveaways as well as allows the player to spend this free money without needing to connect a payment method to their account, or at least keep their registered payment methods separate from the bonus funds.
Bonus Codes are also used to offer rewards after initial sign up. Players can find promotional Bonus Codes online from a variety of promotions. Online Casinos use these Bonus Codes as a reliable way to track their “free money” giveaways. It is a proven promotional method for the online casino industry.
Free money bonuses with no deposit needed
When these bonuses are used to make a profit and are able to be cashed out they are often referred to as Free Money Bonuses because they result in the player making actual cash without risking any of their own money.
This possibility is attractive to many online players who are always seeking out the highly coveted Bonus Codes to turn into a profit for themselves. As such these codes are guarded by the online casinos so as to ensure that they go to new players as a promotion and not to existing players as a way to “game” the system.
But online casinos know that these Free Money Bonuses are vital to keeping their player base as well and as such, they often offer Free Money Bonuses as renewal or loyalty rewards for existing players. This is a successful incentive as Free Money Bonuses basically allow established players to play for free. Even those not seeking a guaranteed profit enjoy playing free rounds of their favourite games at online casinos.