Which things you need to look out for before using a no deposit free spins bonus
New Zealand’s gaming community is often on the hunt for no deposit free spins, a search that can quickly lead to action. However, as experts in the field, we advise a moment of caution before you claim these tempting offers.
Awareness is key when engaging with real money casinos. For Kiwi players, it’s crucial to consider several aspects:
Freespin winnings are not real money winning
It’s important to realise how it works with free spins, or slots bonuses, to win real money. When you are given a 50 free spins bonus, or a 100 free spins bonus, or what else, any wins are not automatically transferred to a balance that you can withdraw.
Instead, these are credited as bonus funds. If you want to withdraw these, you’ll need to meet the wagering requirements first. Once these are met, any winnings are real money and can be withdrawn.
Typically, there will be a cap on the maximum amount that you can win with free spins.
How much money can I withdraw?
Each operator will have their own limits when it comes to what you can win with no deposit free spins.
In the New Zealand market, we have seen that Casumo has free spins worth $0.10.
However, what really matters is what winnings are capped at. The good news is that we did not find any maximum caps on winnings in the terms and conditions of Casumo’s no deposit free spin bonus.
Which slots are eligible for the bonus
Each online casino free spins bonus with no deposit will nominate a game that you can use your spins on.
The good news is that these are usually top titles and some of the most popular slots around.
This is certainly the case with the casinos that we’ve looked at with Casumo free spins being used on Gonzo’s Quest Megaways.
How many times do I need to wager the bonus to turn it into real money
No deposit free spins are subject to wagering requirements and these will vary between casinos. Typically these will be between 30x and 50x.
Anything higher than this makes it hard to meet the requirements and benefit from the offer. With Casumo the wagering requirements are 30x.
High freespin amount doesn’t mean that the bonus is good
When considering casino free spins with no deposit, it’s understandable that players are attracted by the headline offer. It makes sense to think that 100 free spins are better than 10.
However, it’s important to realise that this isn’t always the case. What really matters are the wagering requirements, the time you have to meet these and the value of each spin.
Let’s say that you managed to build bonus funds to $10 from your free spins. With Casumo’s 30x wagering you’d need to wager $300 before you could withdraw. If you found a casino with 60x this would then increase to $600.
Have an eye on the validity
It’s important to keep an eye on how long you have to use your free spins and meet the wagering requirements. If you go past the cutoff date, you’ll forfeit your bonus.
Some operators only offer 3 days whereas others offer significantly more. As we’ve seen, Casumo offers a generous 30 days to meet wagering and this can clearly be seen in the promotion terms and conditions.