400 No Deposit Bonuses and Codes 2026

All Bonuses Have Wagering Requirements

To convert a bonus to real cash you can withdraw, you must play through the value of your bonus several times. This is called bonus wagering.

So what is a wagering requirement?

It is essentially a multiplier telling you how many times you have to wager your bonus money. And this multiplier ranges from 20 to 70 times your casino bonus, depending on which casino site you’re playing with.

Here’s an example that puts this into context:

Say you get a $400 bonus with a 40x wagering requirement. Now, you must wager $16,000 to convert the bonus funds into real money.

How did we arrive at this sum? It’s easy!

You simply multiply the wagering requirement by the bonus amount as follows:

A $400 bonus x a 40x wagering requirement = You must wager $16,000.

Winnings Derived From Bonuses Are Limited

All online casinos implement win caps that restrict how much of your bonus winnings you can withdraw. These win caps range from $10 to $200.

However, win caps are typically applied to no deposit bonuses only. If you claim a match bonus, you can withdraw all your winnings once you’ve completed the wagering requirement. And this is probably the best argument for choosing deposit bonuses over free casino bonuses.

Casinos Have Bet Limits

Since a casino win is always multiple of your bet, casinos can mitigate substantial losses by limiting your bet size. Therefore, you’re usually only allowed to bet $5 per hand or spin when using a bonus.

You Must Use And Wager Bonuses Before Their Expiration Date

A bonus always comes with an expiration date. You’re typically required to use no deposit bonuses between 24 and 48 hours after signing up and wager them in 7 days.

Play Appropriate Games To Wager Bonuses Efficiently

Games don’t affect your wagering requirement equally. A casino’s game weighting percentages tell you how much each bet counts toward the wagering requirement in a specific game.

Here’s a typical example of what a casino’s game weighting percentages may look like:

• Slots (100%)
• Table Games (10%)

As you can see, slots are 100% weighted. This means that your entire stake is considered. So, if you wager a $400 bonus on slot games, $400 is subtracted from the pending wagering requirement.

Table games have a 10% weighting percentage. Hence, the wagering requirement only decreases by $40 if you wager a $400 casino bonus on these games.

Hence, you’re not very likely to turn your bonus into real cash if you play table games. Therefore, we suggest you only play games that are 100% weighted whenever you’re playing with bonus funds.

Bonus Money Can’t Be Used On All Games

Casinos won’t allow you to wager your bonus on certain games. And these prohibited games are usually games with high RTP (Return to Player) percentages and volatility.

Moreover, casinos commonly exclude progressive jackpot slots and live casino games too. Should you play ineligible games, your bets won’t affect the wagering requirement. More importantly, your bonus will most likely be withheld by the casino.