No Deposit Bonus: All You Need to Know

No deposit bonuses are extremely popular among New Zealand casino players, although it is not as common at online casinos as we would hope. A no deposit bonus is offered at online casinos, most often at part of its sign-up promotion in the form of no deposit bonus codes. Casino operators will use these types of bonuses to attract new players and incentivise existing, depositing players. This bonus is highly regarded among players as it gives them a chance to test the casino and its games without any risk. Claiming the no deposit bonus NZ is as simple as creating a real player account, but unlike other bonuses, there is no need to make a cash deposit to receive the bonus. Once your account has been verified, the bonus will be instantly available to use. At online-casino-new-zealand.info, we will take a closer look at no deposit bonuses and why they are so popular.

A no deposit bonus is technically free money (and sometimes free spins) gifted to the player from the casino as a thank you for signing up and creating an account. The value of the bonus will differ depending on the casino offer, but is typically smaller than deposit bonuses as the casino will never be able to afford giving away hundreds of dollars to every customer that creates an account. Additionally, wagering requirements apply to all no deposit bonuses and must be met before you can cash out any winnings earned from the bonus. In terms of the no deposit bonus, these wagering requirements are generally easy to achieve, so meeting them shouldn’t be an issue.

The most attractive aspect of no deposit bonuses is that they are completely free and risk-free on behalf of the player. That said, there are a few different no deposit bonuses Kiwi players will come across at no deposit bonus casinos. Let’s take a closer look.

Types of No Deposit Bonuses

Typically, there are two types of no deposit bonuses available at New Zealand online casinos. These are standard no deposit bonuses and free spins no deposit bonuses, which we will explain below.

Standard No Deposit Bonuses

This is the most common type of no deposit bonus NZ available at online casinos. They are basically free cash or casino credits, which is awarded to new players opening an account for the first time. This free cash can be used trying out specified games at a casino site. Players essentially have this bonus to play for real money, with all winnings paid out when you meet the attached wagering requirements.

Players do not have to make an initial deposit to receive the bonus – just create a casino account without any need to input any no deposit casino bonus codes. It is important to note that this bonus money cannot be withdrawn as real cash and must be used to play for free at the no deposit bonus casino. Another caveat is that players can only draw a limited amount of the bonus winnings, which will be indicated in the terms and conditions.

Free Spins No Deposit Bonus

Similar to a standard no deposit bonus, this bonus is gifted to new players for free without the need to make an initial deposit. The only difference is that, instead of free money, players will receive free spins to use on specified online slots at the casino. Once you join the casino, you will earn a predetermined number of free spins, which can be used on specific slot games for free.

In many cases, these free spins can only be used on one specified slot machine, which should be highlighted in the bonus terms and conditions. With the no deposit free spins bonus, all winnings earned is considered bonus money. As long as you meet the wagering requirements, you will be able to withdraw any winnings from the free spins bonus. Again, winnings will likely be capped, but this information should also be available in the terms and conditions.

How to Claim a No Deposit Bonus

No deposit bonuses are not only beneficial to players, they are incredibly easy to claim. All you have to do is create a casino account (you need to ensure that you are eligible – again this information should be available in the bonus terms and conditions) and once verified, the bonus will appear in your account. That said, there are a few slightly different ways casinos will award these bonuses:

  • Automatic: As mentioned before, this is no deposit sign up bonus that is automatically added to your account the moment you register an account.
  • Bonus code: Players will be sent a no deposit bonus code to use before receiving your no deposit bonus.
  • Customer support: In rare cases, you will be required to contact customer support in order to claim your no deposit bonus.

The Advantages of No Deposit Bonuses

No deposit bonuses are beneficial to players as well as online casinos. For online casinos, it is a great marketing tool to attract new players while players can enjoy the chance to earn some free cash or free spins. The bonus can be used to fund your account, with the aim being that players will convert into depositing players once the bonus funds are done. There are many reasons why players should consider claiming a no deposit bonus:

  • No deposit bonuses allow you to try out the casino and casino games without risking any of your own cash.
  • Free spins bonuses usually allow you to play some of the site’s most popular video slots.
  • The bonus is 100% free and requires no initial deposit to activate.
  • The bonus is, in most cases, added to your account automatically. The only action you need to take is sign up to the casino and accept the bonus.
  • All eligible new players can redeem the no deposit bonus upon registration.
  • The bonus can form part of a no deposit signup bonus or any other casino promotion, so keep your eyes peeled for extra opportunities at your no deposit bonus casino.

Disadvantages of No Deposit Bonuses

While there are many reasons to claim a no deposit bonus, there are some pitfalls that are worth noting.

Wagering requirements – As with an online casino bonus, no deposit bonuses come with strict wagering requirements that must be met before you can withdraw any winnings earned from the bonus. These wagering requirements will differ depending on the casino and the bonus, so it is important to check the terms and conditions before proceeding with the offer. There is also usually a time allocated to meeting these requirements, and failure to do so means you forfeit your winnings.

Cashout limits – This is a common condition that many players don’t know about. As with any bonus, there are certain limitations that players must be aware of. In this case, a withdrawal limit is put in place, which means there is a maximum amount of winnings (from the bonus) that you can withdraw as cash. The difference will remain in your casino account to be used for real money play, which is better than it being forfeited. Just be sure to check the withdrawal limit before you start playing.

Time limit – On top of a withdrawal limit, there is also a time limit in which you can claim a no deposit bonus. This should be clearly indicated in the bonus terms and conditions and will vary based on the bonus and the casino. In best case scenarios, the buffer period can be up to seven days, and in worse cases, just a few hours.

Game restrictions – The no deposit bonus is limited to specified games, which should be indicated in the terms and conditions of the bonus.

Country restrictions – Not all players are eligible to claim a no deposit bonus, even if the casino accepts players from your country. Again, check the terms and conditions of the bonus to make sure you are eligible to claim it.

Wagering Requirements

As we briefly touched on before, all casino bonuses (or a large majority of them) come with strict wagering requirements that must be met before you can withdraw any bonus winnings. Also known as playthrough requirements, this is put in place to ensure that a player makes a future deposit and does not simply cash out and move to the next casino. Ultimately, the casino wants to convert you into depositing players and, despite giving away free money, they need to find a way to get it back. It saves the casino from attracting bonus hunters, which is a term for players who simply join a casino to claim the welcome bonus and move on, and just prevents the gaming site from going bankrupt from giving away all that free cash.

The premise of a wagering requirement is that a player must play a specified amount before being able to cashout any winnings earned from the bonus. This is typically a multiple of the bonus and deposit amount combined, for example, 35x. So, this will be the amount you have to bet in total wagers before you can claim any cash rewards. Based on the casino and bonus terms, this amount can be as low as 25x or as high as 70x. In the case of the latter, claiming the bonus may not be worth the effort. On the plus side, players are not obligated to claim the no deposit bonus and can happily continue to play at the casino for free or real money.

Our Expert Conclusion

There is a reason why no deposit bonuses are so popular among casino players. They offer players the chance to earn free money without the commitment of making a deposit. That said, it is important to read the terms and conditions to get the most out of the casino bonus. While these bonuses are incredibly beneficial to players, you need to know what to expect. Make sure you only claim a bonus that really works for you, and don’t feel pressured to claim all offers the casino throws your way. While the idea of free money or free spins may be tempting, they are designed to benefit the casino as well, so remember that free offers always come with terms and conditions. Once you have a good idea of what to expect, we recommend that you take advantage of no deposit bonuses if the terms are fair for the most rewarding gaming experience at a no deposit bonus casino. Have a look at our no deposit bonus casino list to get started right away.