By Samantha Williams
“No Deposit Casinos” are essentially casinos which offer a free service to potential customers to try the product before they buy into it. There are a number of ways in which no deposit casinos work. Some may give players $5 free, others may give them more free cash on registration; while others offer a specific amount of casino credits and a limited time in which to play.
For example 1 000 casino credits and one hour – the new member then plays for the hour and they are also required to place a certain amount of bets in this time. If they meet all the criteria and say win more than $20 over the 1 000 credits, generally speaking, this amount is then credited to the players’ new account. So far, in no deposit casinos in which we have seen this offer, the maximum winnings credited to the players account is $100. But it is not a bad deal if you think about it in context, because the player really has nothing to lose. They have played for an hour and had a bit of fun with someone else’s money and possibly even made a little for themselves to play with.
Of course it must be borne in mind that once this money is won, the player has to earn it and this is where wagering requirements come into play in terms of bonus funds. In all reality, there is no such thing as free money, not even at no deposit casinos. The online casino industry is a mainstream industry and it commands a great deal of respect – why is this? Because they make a ton of money, just like a land casino, if not more! If no deposit casinos were just going to give away money hand over fist, they would not stay in business very long.
Complex formulas are used to calculate what the casino needs to do to stay liquid and the member pays for this. Remember there are a great many established players and these have all met their wagering requirements, so they can withdraw their winnings whenever they like. Take care however, it is vitally important for potential new members of any casino, even no deposit casinos, to read and understand all terms and conditions. I have read some shockers!
Terms such as winnings may only be withdrawn once a week and this withdrawal is limited to $2 000. Why anyone would want to play at a site such as this, I have no clue? But this site is up and running and it has members. The most important thing to remember is that there are hundreds of different online casinos, they all want your business, so shop around and get the best deal – the deal that suits your needs, not theirs.
