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No Deposit Bonuses: Free Spins vs. Cash - Which Is More Profitable

07-06-2023

Canadian players are often looking for useful information about online casino bonuses, hoping to figure out a strategy to get the most out of the bonus. When comparing no deposit cash and no deposit free spins, there are specific differences that will help you not to get confused when choosing.



When a gambler first registers at an online casino, they are immediately offered a welcome bonus. In most cases, this bonus requires a deposit to be made, as well as the fulfillment of certain conditions by the player. But occasionally you can find a casino that offers newly registered players a welcome no deposit bonus. This is done in order to increase the conversion rate of site visitors into registered players. But most often, no deposit bonuses `get` players after some time has passed after registration, when the player has already got used to the casino.

Types of no deposit bonuses

There are several types of no deposit bonuses that are offered to players: money/chips and free spins. Each of these options and their special characteristics are described below.

No deposit free spins

One of the best casino bonuses Canada offers to its gamblers are no deposit free spins. The popularity of such bonuses is explained by the fact that a lot of players prefer slots, and also by the fact that in online casinos the number of slots offered is usually tens or even hundreds of times higher than the number of other games. It is impossible to change the bet value of each free spin on your own, as it’s predetermined by the terms of the bonus. The number of free spins in the bonus depends on the online casino and most often varies from 5 to 100.

Money won with free spins is considered bonus money and is subject to the wagering requirements set by the online casino. The casino also determines which slots this bonus is valid for.

Pros

1. The most obvious - the bonus is given to the player as a gift, without spending their own money.
2. The wagering requirements are often much lower than in other bonuses.
3. The withdrawal limit is usually higher than in other bonuses.
4. Offered to players more often than a cash/chip bonus.

Cons

1. The bonus is for slots only, it doesn’t apply to any other games.
2. The bonus is only for certain slots and the entire list available at the online casino. Most often, the bonus applies to slots with a small RTP, which are less profitable for players.
3. The amount of the free spin bet is fixed and the gambler cannot increase or decrease it.
4. The bonus has a short duration, after which the bonus "burns out".
5. Wagering requirements also have an expiration date.
6. There are withdrawal limits.

No deposit cash/chips per game

The gambler receives a flyer to their email or a notification in their account that they are entitled to a gift in the form of money from the casino, which cannot be cashed out immediately after receipt, but needs to be played on them, or in the form of game chips. When it comes to money, most often it’s a small amount of $5, but there are rare exceptions, and the amount can go up to $50 or $100. This amount can be used both for playing slots and other games, as stipulated by the terms of the bonus.



Although the bonus amount is usually meager, winnings from this amount cannot be withdrawn by the player from the online casino until the wagering requirements are met, which are defined in the bonus terms and conditions. But here it is just the modesty of the bonus amount that plays into the hands of the player, because small no-deposit bonuses usually have not very high wagering requirements. For example: a first deposit bonus most often has a 35x or 40x wagering requirement, but there are also casinos that set the bar at 70x or even more. Although, to be fair, it is worth noting that the amount of the first deposit bonus is usually much higher than the amount that is offered to gamblers in a no deposit casino bonus.

Pros

1. The bonus is given free of charge, without depositing your own funds.
2. The bonus is intended not only for slots, but also for other online casino games (according to the terms of the bonus).
3. The wagering requirements are often much lower than in other bonuses.
4. The withdrawal limit is usually higher than in other bonuses.

Cons

1. The bonus is not valid for all games from the range of online casinos, so you need to carefully read its conditions.
2. The bonus has a short validity period. After it becomes invalid, the money disappears.
3. Wagering requirements also have an expiration date.
4. The bonus is offered to gamblers less frequently than the no deposit free spins bonus.
5. There are withdrawal limits.

So what is the best bonus?

In this, as in any other situation, the choice is up to the gambler. It is useless to advise the slot lover to forego the free spins bonus in favor of a `money/chips` no deposit bonus. Likewise, a gambler who loves table games will show some interest in no deposit free spins. But players who play all games with the same interest will benefit from the detailed analysis of bonuses posted above in order to know all the nuances of these bonuses and make a choice in each specific situation, depending on their momentary preferences. The most important thing that a gambler shouldn’t forget about when using these bonuses is the `ceiling` of limits for withdrawing winnings, bonus conditions, wagering requirements.



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