It’s no secret that besides an amazing game selection that, lucrative bonuses are the key to retaining members. Also, part of any online casino’s success is to continue to add new members to its roster. While virtually every online casino offers some type of amazing welcome bonus, to trigger them requires some type of deposit.

When you factor in the wagering requirements, some prospective members might be turned off. However, with no-deposit bonuses, it’s pretty hard for these players to say no about not joining. In this article, get to know the incredible pros and some of the cons of using no-deposit bonuses.

The Biggest Advantages of No-Deposit Bonuses

The obvious advantage of using no-deposit bonuses is that new members don’t have to put any money down to trigger it. With such an incentive, prospective casino players will more often than not sign up to the online casino because, financially, they don’t have anything to lose. The second biggest advantage of using no-deposit bonuses is that it allows members to win real money. Undoubtedly, this is another deal seller for hesitant members to finally join the online casino.

Another major benefit of using no-deposit bonuses, is that it allows them to play a great deal of the casino games available at the online casino. Free play is the best way to try a game out and gain firsthand knowledge about whether or not you like the game enough to bet real money on it. And for strategists, no-deposit bonuses also allow players a free way to discover which bets offer the best odds and the payouts that go along with them. Because not every real money online casino supports demo play, no-deposit bonuses become an invaluable crutch.

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If all goes well with the no-deposit bonus, it is almost a certainty that new members will go ahead and make their first deposit to trigger the welcome bonus, especially if they’ve won bonus money. It’s in the best interest for online casinos to have their new members get off on the good foot and win with the no-deposit. Happy members are also likely to refer new members to the online casino which only makes that site more invaluable. The referral promotions are another way to keep members happy and satisfied with free money or casino credits.

However, perhaps an underrated and often overlooked advantage of using no-deposit bonuses is that new members can simply have fun playing many of their favorite casino games. Without the financial pressure or the anxiety about losing, no-deposit bonuses are a free way for players to kick their feet up and relax.

The Disadvantages of No-Deposit Bonuses

As exciting and beneficial as no-deposit bonuses, only three traditional American casinos support them. With such a demand for no-deposit bonuses, in recent years, sweepstakes casinos have taken off because they all offer a no-deposit bonus. While on the one hand, players in over 40 states can participate for free with social casinos, they can’t win real money.

As a condition for operating legally, social casinos can’t accept real money wagers. As a result, they give away hordes of gold coins through their no-deposit bonuses. Depending on the social casino, there might also be a handful of sweepstakes coins that are part of the no-deposit package.

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With real money casino no-deposit bonuses, there are limitations on some of the games. More often than not, the no-deposit bonus doesn’t apply to jackpot slots, and in many cases, it won’t apply to slot games with very high RTP rates. There’s also the matter of the wagering requirements. In exchange for winning bonus money for free, some no-deposit bonuses might have wagering requirements as high as 15x. These requirements must be met to be eligible for withdrawals.

Conclusion

Even with unpleasant wagering requirements, no-deposit bonuses continue to have more advantages than they do disadvantages. For those who are into real money play, you can find them in states like Pennsylvania, Michigan and New Jersey. For all other players, social casino no-deposit bonuses serve as a nice alternative. Even though you can’t win real money, if you wager usually 75 or more sweepstakes coins at least once, you can cash them at a one-to-one ratio.