T&Cs For Poker No Deposit Bonus Codes
To fully benefit from your free bonus, you must understand the terms and conditions that come with it.
You can’t compare bonuses accurately without a basic understanding of standard casino bonus terms. So keep reading to get up to speed!
You Must Wager Your Poker Bonus
Every bonus is given in the form of bonus credits. And to turn bonus credits into real money you can cash out; you have to play a specific amount. This is called ‘wagering your bonus.
The casino determines this amount by applying a 10 to 70 multiplier to your bonus. So, the higher the multiplier is, the more you must play to turn your bonus into real cash.
Let’s put this into context by using an example:
You get a $50 poker no deposit bonus with a 30x wagering requirement.
Now you must play an amount equivalent to 30 times your bonus. In other words, you must ‘wager your bonus 30 times.
See this calculation:
$50x bonus x the 30x wagering requirements= $1,500.
When you’ve played a total $1,500, your remaining bonus balance is transferred to your cash balance. Now, you can cash out your winnings!
Your Winnings Are Always Capped
By giving away free bonuses, casinos are taking a risk. And to limit risk, they apply win caps to all their free bonuses.
These limits range from $5 to $200 – it all depends on how generous the casino is! No matter how much you win, you can only withdraw as much as the win limit allows.
There Are Limits On How Much You Can Bet
Wins are always a multiplication of the initial stake.
So, by limiting the size of your bets, casinos restrict how much you can win or any given hand or spin. Similar to win caps, these limits are a form of risk control.
Poker Bonuses Expire
Free bonuses tend to have rather short expiry dates.
You must often use a poker no deposit bonus within 24 hours after it’s been activated. And once you start playing, you must often wager your bonus in seven days or even a lot less.
Games Affect Your Wagering Requirement In Different Capacity
Casino games don’t affect your wagering requirements equally.
Some are way better for bonus wagering than others, and it all boils down to the respective game weighting percentages.
Game weighting percentages are best understood by looking at examples.
So, here are game weighting percentages you’ll typically find at an online casino:
In this example, slots have a 100% game weighting percentage.
This means your entire bet counts towards your wagering requirement. Consequently, your wagering requirement is reduced by $1 for every $1 you play. In other words, 100% of each bet is taken into account.
Poker games have a much lower percentage of 5%. Therefore, only 5% of each stake counts towards your wagering requirement. This means your wagering requirement only decreases by $0.05 when you play a $1 hand.
When looking at this example, we see that you’d have to spend 20 times more to wager your bonus on poker games. Therefore, you’re much more likely to complete the wagering requirement if you stick to slots.
Slots are usually 100% weighted, while poker games, table games and live dealer games range from 0% to 20%.
You Wager A Bonus On Excluded Games
Casinos often exclude the following types of games bonus play:
- High RTP and volatility slots
- Jackpot slots
- Table games
- Live casino games
You can obviously use a poker no deposit on table games. However, we recommend you check the game weighting percentages as they are likely low.