Can you Win Real Money with a No Deposit Bonus?

There’s an old saying that goes, “The best things in life are free”, and we couldn’t agree more. We’re sure the originator no doubt had other things in mind besides online casinos. Still, we’d like to think that if he had the opportunity to collect a no deposit bonus, he might include it with some caveats.

Can you make money on no deposit bonus casinos?

Sometimes we’re asked, “Can you win real money with a no deposit bonus?”. We answer, “Yes, it is possible with casinos like Spassino, but it is difficult”. Still, there are things that you should know that are generally found in the Bonus Terms & Conditions.

The promotion offers bonus money when you signup even before making the first deposit. Bonus money is actually play money and not real money until you have met all of the bonus wagering requirements. The casino doesn’t necessarily make it easy for you either, starting with a playthrough requirement. Basically, this expresses the number of times you must wager the full amount of your bonus money before it becomes real money.

It is expressed as a multiple, typically in the range of 30x – 100x. What it means is that a casino with a 30x playthrough requires you to wager €100 in bonus money a cumulative total of €3,000 (30 x €100). The higher the playthrough, the more difficult it becomes to have any winnings left by the time you’ve used up all your bonus.

Even then, before you cashout, the casino will review your play to ensure that you haven’t breached any terms and conditions. It can be easy to do, so make sure you read the Bonus T&C before playing.

A small number of players think that they can outsmart the casino by registering multiple accounts under false personal credentials to claim the bonus several times. Each player can only claim a no deposit bonus once, and multiple accounts constitute bonus abuse, and they’ll likely get caught. When they do, winnings will be forfeited, and the casino will almost certainly close their account.

What are the limits on casinos offer no deposit bonuses?

There are two final things to keep in mind. First, most casinos apply a limit on the amount of cash you can withdraw from a no deposit bonus. Some no deposit casino bonuses allow miserly maximum withdrawals of €10-€20. The Spassino no deposit bonus, and a few others, reward higher cashouts of up to €100. Second, remember that online casinos typically require a first deposit before allowing you to withdraw your winnings.