Win Real Money with No Deposit Casinos
Are no deposit promotions all they're cracked up to be? Making real money without a deposit sounds implausible but, with a few caveats, it's entirely possible.
What are Australian No Deposit Casinos?
Free casinos are online betting sites that offer promotions that can be activated without needing to deposit any money whatsoever. Even better, these bonuses then enable Australians to keep what you win in real cash. Finding out if a given casino has such a bonus is easy. Every site has a dedicated promotions/bonuses page which sets out what they've got on offer at any given time (top tip: always check the terms and conditions just to see what's what).
What are the Best Bonuses?
There's more than one type of bonus on offer, each with their own pros and cons. Which one is best is subjective, and will depend on the player as much as the promotion.
- Free Spins/Credits: Free spins are often linked to one particular slot game. If that's your favourite game, great, but otherwise the lack of flexibility might be a drawback. Free credits are very similar but tied to a particular table game instead. Sometimes a linked series of games (whether slots or table) can all be included in this type of Australian no deposit promo but otherwise you'll be looking at a single particular game.
- Free Cash: Free cash is slightly less commonly available than free spins but has the benefit of being much more versatile, allowing players to use the bonus money for just about any game. The downside is that table games contribute much less to the playthrough requirements than slots. This is an especially good bonus for new players who want to test out a little bit of everything to see what they like, or old hands who want to rate the offering of a new online betting site.
- Free Play: Free play is a sort of free cash bonus but with two big differences to the usual offer - there's a tight time limit and a lot more cash. However, the bonus money vanishes when the time (perhaps an hour) runs out. At that moment the player can keep any winnings, provided they're ahead.
Is it Possible to Keep What You Win?
The best part of no deposit casinos is that the bonuses can indeed be used to win real cash prizes. There are certain caveats, every bonus comes with withdrawal caps and wagering requirements, but it's possible to keep what you win in real cash. Read about no deposit vs match deposit promotions here.
No deposit casino bonuses are a great way for players from Australia to keep what you win without worrying about ending up in the red. There is a slightly unexpected condition required when withdrawing from most no deposit casinos, which is that (if you haven't already) you will probably have to make a deposit prior to withdrawal. The reason for this is that Australian betting sites like players to use the same method for transferring money into and out of the site, and if you sign up and immediately use a no deposit casino promo then a token deposit will probably be needed just to satisfy this crime-fighting measure. Verification of ID and residency will likely occur too, and you can save a spot of time, and get your hands on your no deposit casino cash that much faster, by scanning relevant documentation (passport, driving licence, utility bill to prove address etc) ahead of time.
In addition, and because of this, be aware that the method you use to deposit will also be the one used for withdrawal, so check the time frames, any fees and so on to ensure you're happy with it for shifting money both into and out of the no deposit Australian casino you've selected.
What Games can You Play?
This depends on the particular bonus. Free spins/credit are normally tied to one specific game, whereas with free cash you can play pretty much anything. A general category of games that are almost always off limits with no deposit casino deals are progressive jackpot slots. Even if they aren't specifically ruled out, they're not the best games for promotions as withdrawal caps mean that should you end up 'winning' the jackpot you won't actually be able to keep what you win.
In addition to some particular games being ruled out, the majority of no deposit casino promos come with terms that forbid certain playing patterns. These include minimum and maximum wager limitations, and if a player from Australia strays beyond these boundaries the promotion will end up being voided. No deposit casinos also dislike players who attempt to satisfy wagering conditions by betting in what might be considered dubious ways. This might involve backing both colours, or every number (save zero), in roulette, for example. Do this and you run the risk of your no deposit casino promo being cancelled.
If you want to maximize your chances of finishing ahead then a wise Australian player will likely opt for high RTP (return to player) slots. Unless you're really into table games, in which case blackjack (lowest house edge) or roulette are the best ideas. Just be aware that while slots usually contribute 100% of wagers to wagering requirements the rate can be 50% or even lower for table games (this will be specified in a given no deposit promo's terms and conditions).
Promo Frequently Asked Questions
If you're wondering about a particular detail, wonder no more as we answer the top FAQs.
- What if I exceed the withdrawal cap? - Withdrawal caps are the upper ceiling on what you can withdraw of bonus cash and associated winnings. If you go over this threshold then the surplus cash will simply vanish.
- What's the easiest way to meet the wagering requirements? - The wagering requirement is the amount that must be bet prior to withdrawing bonus money. The easiest way to satisfy this condition is to make use of high RTP slots which have the best chance of a high return for players. Being even more specific, low volatility high RTP slots vary less from the mean average result, and Australian players with a clear focus on finishing ahead with their no deposit bonus may want to bet this way.
- What's an average wagering requirement? - Wagering requirements can vary a lot, but the average is about 30x the value of a bonus, with less than this being good, and significantly higher than this being bad. The problem with a higher no deposit wagering requirement isn't only that it's harder to satisfy, it's that this also increases the amount of time it takes, which can make a promo less fun as well as reducing your chances of coming out ahead.
- Are time limits a problem? - The only tight time limits are usually those associated with free play bonuses (outlined above). However, it's always a good idea to check the detail, just to be safe. It's pretty galling if you're all lined up for a nice slice of profits only for a deadline to devour your winnings and leave you empty-handed.
Thanks for reading about Australian no deposit casinos and how you can keep your winnings. Just remember to check the terms and conditions to ensure you're getting the best possible deal.