No Deposit Bonus
No deposit bonus is a casino bonus that is given by the facility to the newly registered player upon the signup. This type of bonus is granted as a motivation to a new customer, stimulating them to play and wager money.
However, this type of bonus is rare, hard to find, and tricky. Firstly, few online casinos can really afford giving free cash to all new customers without accepting deposits from them. Of course, this money cannot be withdrawn immediately; the player has to meet the wagering requirements first, and only cash they win can be withdrawn eventually. On the other hand, some online casinos play it smart and put winnings on the player’s Bonus account, or, do not allow withdrawal until the new customer actually deposits an indicated amount. Only upon meeting the requirements, the player may be able to cash out.
Secondly, the players have to be attentive and assess all the requirements attached to such a tricky gift. If the requirements are too much, it may be better to proceed without claiming this bonus at all, regardless of how attractive it may seem to the player.
And lastly, some sites mislead the potential customers by stating they grant a signup bonus, while in reality, the customer has to make a deposit first, before they become eligible for the promotion. In this case, this is more of a Welcome promotion, but it is called signup to attract more users. Inexperienced users may fail to notice the difference, and as a result find themselves playing under conditions they did not expect.