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As you may already know from reading our introduction guide to free spin bonuses, a free spin offer means that you’re receiving a certain amount of spins on one or best baccarat sites several slot machines. The majority of these bonuses that online casinos are offering do not only require a real money deposit.
You also have to fulfill a wagering requirement before being able to cash out any winnings. It could for instance be that you make a deposit of ?10 to receive 50 spins that come with a wagering requirement of 30 times. Should you win a total of ?20 from the free spins, this would mean that you would be required to stake these winnings 30 times before being able to make a withdrawal. In other words, you’d have to play casino games for a total value of ?600 (?20 * 30).
The incredibly lucrative beauty of free spins with no wagering or deposit is that neither of the two requirements exist. You will get the spins for free without having to make a deposit and risk any of your own money. On top of this, all winnings made from them will be credited as pure cash to your account. This means that you don’t have to do any of the forced wagering explained above, but can withdraw your money whenever you like.
Are there really no strings attached at all to free spins with no wagering or deposit?
Usually not, which is why they are very sought after – it’s more or less free cash given to you. With that being said, some offers may come with a restriction to how much you are able to withdraw. It could for instance be that the bonus has a maximum cash out amount of ?20. Should you win ?30 from your spins, this would mean that you would only be allowed to withdraw ?20. The other ?10 will be removed from your account when your withdrawal is being processed.
How can I get free spins with no wagering and no deposit?
As opposed to most other types of free spin offers, free spins with no wagering and no deposit is a bonus which you more or less only will find as a sign up offer. In other words a bonus given to new players registering to an online casino.
All you have to do is to create an account with an operator offering a bonus like this and you’ll normally have the free spins automatically credited to your account in an instant. It should be mentioned that free spins with no wagering and no deposit can sometimes also be found as prizes in various competitions that casinos are running. However, taking part of these and having a chance to win in them usually means that you’d have to make a deposit and wager money. Therefore the spins wouldn’t be completely free.
There is one exception to the rule, but it’s unfortunately a very rare one to find. A few online casinos run free slot tournaments where free spins with no wagering and no deposit can be won. Any registered player can sign up to these for free, without risking any money and have a shot of winning. The way that the tournaments work is usually that every player gets a certain amount of spins on a slot machine. The players who manage to get the highest total winnings from these spins are those who will get a share of the prize pool.