Free chip and free spins slot bonus offers are favourites among online players. With these promos, the best casinos can attract new players to their ranks and players have a chance to make a real money withdrawal without depositing any real money of their own.
In this article we will explain these two main types of no deposit promos and what you can expect from each of them.
What’s the Difference Between Free chips or Free Spins
The two most common no deposit promos at online casinos are a free chip and free spins.
We have to note that when you see the term free chip at some casinos this usually means a fixed no deposit bonus amount, for example, $25. It’s very rare that the casino actually gives away free chips up to a certain value to be played on the table games. In most cases, they offer a fixed bonus amount.
A free spins bonus, on the other hand, is a different offer type entirely. With a free spins bonus, the player enjoys a number of spins on specific video slots. In most cases, the player can use free spins with the minimum value, but they can also come with a higher value.
Usually, these promos are awarded as a token appreciation to new players at the casino. But in many cases, you can also get some freebies just for being a loyal player at the casino. Any form of a no deposit bonus is a great way to attract new players and keep the regular ones happy and spinning.
So which Bonus is Better?
There’s always a debate about which type of free no deposit promo is better when playing at online casinos. In the end, it all comes down to the player and what they prefer.
With a free chip, you know exactly how much money you’re going to get, how much you will need to wager and how much you can withdraw. Many players like this since they can build a strategy around the bankroll and implement it in their gameplay.
But with free spins, on the other hand, you never know how much you’re actually going to win. If the game is in a good mood you can easily hit a big payout and end up with a much bigger starting balance than the one from a free chip. But this also has a disadvantage.
Unless the free spins are wager free you will need to wager a very big amount in order to make a withdrawal. This is OK if the maximum cash out limit is dependent on the bonus amount you win, for example, 10 times the bonus amount. But if it’s a fixed value of let’s say $50 and you need to wager $5,000, then it may not be worth playing.
How to Claim your Free Chip or Free Spins
This depends on the casino itself. In most cases, the free chip or the free spins are added automatically once you create an account at the casino and log in.
In some cases however you will need to enter a bonus code in order to claim the bonus. The bonus code can be redeemed when you create your account by entering it in the designated field or after you log in.
Usually, you will need to go to the bonus section of the casino cashier and redeem the code there. In some rare cases, you may also need to contact live chat support in order to redeem the bonus.
Read the Details in the Bonus Terms
Like any other bonus promo free chips and free spins come with terms of their own. You will need to follow them to the letter or the casino can confiscate your winnings when you make a withdrawal request. Some of the most important terms are:
- Wagering requirements
The wagering requirement is an important term for all bonus promos, but when it comes to freebies it doesn’t have a big importance. The reason for this is that you are playing with the casinos’ money, so you can’t really argue about the wagering requirement is too high. Of course the lower the wager is the higher your chances are to make a withdrawal, so it’s always great if you come across some freebie with a low wagering requirement.
- Allowed casino games
This is a term which you need to follow at all times. Every no deposit bonus is available only for a limited list of games. So you need to keep away from the forbidden games or the casino can void your winnings for breaching the bonus terms.
- Maximum cash out
This is the most important term when it comes to free chips or free spins. Why? Simply because this is the maximum amount of real money which you can withdraw from the promo. So the higher the limit is the more you can withdraw. It’s very rare to come across a no deposit promo which has no maximum cash out limit. But these offers do exist, so it’s no wonder why a large number of players are always looking for them.
- Sticky Bonus
A Sticky Bonus is something all players hate. The initially rewarded bonus money is lost from your account once you make a withdrawal. So if you redeemed a $50 bonus and made a $100 withdrawal you will only receive $50 in real money.
Is it Worth Hunting for Freebies?
All players love freebies regardless of their gambling budget, so yes. With free chips and free spins, you have a chance to make a real money withdrawal, without risking any money of your own. You’d be surprised by the maximum cash out limits on some promos. You can make some hefty withdrawals from freebies.
The best thing is that you can use the money you win from a slot bonus to play for real money at another casino later. You can easily make a deposit and claim an attractive bonus giving you a chance to hit a big payout. This way you can make an even bigger withdrawal, virtually without investing any money of your own.