T&Cs For 100 Free No Deposit Spins
You need to know how bonus terms work to accurately compare promos and increase your odds of winning real money.
Keep reading to grasp these terms in a couple of minutes!
Wagering Requirements
When you win with free spins, the winnings are credited as bonus funds.
To cash out the bonus funds, you’ll have to turn them into real money. And this is done by playing an amount set by the online casino.
The casino works out this amount by applying a multiplier to your free spin win.
This multiplier is called a “wagering requirement,” and ranges from 10x to 70x depending on which casino you’re playing with.
Let’s look at an example to see how all this plays out in a real-life scenario:
- You get 10 free spins with a 20x wagering requirement.
- You use the free spins and manage to win $20.
- To turn your winnings into real money, you must now play $400. Take a look at this calculation:
$20 free spin winnings x a 20x wagering requirement = $400 to wager.
Once you’ve met the wagering requirement, any funds in your bonus balance are converted to real money. Finally, you can cash out the winnings!
Win Caps
No deposit free spins invariably have win caps ranging from around $5 to $200. It doesn’t matter how much you’ve won – you can never cash out an amount exceeding the win cap.
Bet Size Limits
Most casinos won’t allow you to play more than $5 per spin when using bonus funds.
They have this rule to limit how much they can lose. Since every win is a multiple of your initial bet, limiting your bet size is a good way to reduce risk.
Ineligible Games
All casinos exclude certain games from bonus play.
If you use your bonus money on games that aren’t allowed, you may lose your bonus and have your account closed. And your bets will not affect your wagering requirement.
Excluded games typically comprise slots volatility and RTP, jackpot games, live dealer games, and classic table games.
Weighting Percentages
A game’s weighting percentage tells you the portion of each bet that counts towards the wagering requirement.
When you play games that are 100% weighted, a sum equivalent to your stake is subtracted from your wagering requirement on every spin. When you play a $20 spin, the wagering requirement is reduced by $20.
Most slots are 100% weighted. Other casino games have weighting percentages ranging from 0% to 25%. Therefore, you’re most likely to wager a bonus by playing slots.
Expiration Dates
You usually have to play your free spins within 24 hours of getting them.
And if you hit a win, you typically have to wager your winnings in seven days or less.
Check the expiration dates so you don’t lose your free spins or bonus cash!