No deposit bonuses are extremely popular and tend to be the most in demand among players, the reason being that you don’t need to deposit any of your own money to get a bonus! Although it is important to note that no deposit bonuses do often come with more rigid terms and conditions and much higher wagering requirements, meaning it’s much harder to withdraw them and any winnings from them.
They’re also usually offered to new players only, and given to unique IP addresses, meaning that only one household is eligible to claim one. There’s usually two types of no deposit bonus you should be aware of:
Cashable – Allows you to withdraw the bonus plus additional winnings, therefore the bonus is attributed to your total account balance, although you can only withdraw it if you’ve met the wagering requirements.
Non-Cashable – Can be used to play without risk of your own cash, and any winnings off the back of it are yours to keep, however, the bonus amount will be deducted from your total winnings.