In New Zealand, online casinos typically trapped their player with bonuses that required deposits. This is all changing with new casinos offering no deposit bonuses. Just do a search on newzealand-online-casino to find a list of a new breed of casinos that offer no deposit bonuses.
What is a no deposit bonus
Online casinos can offer their players a plethora of online bonus offers which can be a bit overwhelming and a bit confusing to players. These offers can be free spins, match bonuses, free cash and loyalty points. But what is a no deposit bonus?
- Deposit match bonus money
- No deposit bonuses
- Free spins
- Loyalty points
A no deposit bonus is a free cash bonus and is advertised e.g.: NZ$10 Free!. It is awarded into player accounts on first sign up without requiring them to first make a deposit first. But you cannot simply get the bonus, withdraw and leave.
How can I withdraw a no deposit bonus?
Bonus cash is not like real cash. Players cannot immediately withdraw bonus cash as it is subject to the conditions of wagering requirements. One the players meets these wagering requirements on the bonus cash, then he can withdraw the money and any winnings on that bonus.
Wagering requirements are terms added to bonus money that prevents abuse by players. It forces players to spend the money on the casino's own games until they are allowed to access the winnings from the bonus money. Make sure to read the bonus terms and conditions before accepting.
How do wagering requirements practically work?
Wagering requirements are, after withdrawals, the cause of the most misunderstanding and customer support disputes. Now is the time to learn how they work before you accept that enticing no deposit bonus offered by the host of online casinos in the New Zealand market.
Here is a practical example: The casinos offers players a NZ$5 no-deposit bonus to new players after they register. The wagering requirements are 50x the value in 30 days. So the players needs to play through the money to the tune of NZ$250 before claiming any cash.
- Wagering requirements are also called play-through requirements
- Wagering requirements can be anything from 0x up to 60x
- Read the terms and conditions first. Always.
Why use a no deposit bonus?
No deposit bonuses are very handy tools that players can use to check out a new online casino without committing financially by making a deposit. It is like a free sample to see f you like the casino's games and how the casino works.
You also do not have to download big software files to be able to play the games. After you receive the bonus, simply click and play. What's more, modern HTML 5 technology allows you to also play these games on your mobile device.
- No deposits needed
- No downloads required
- Play on mobile devices
What have we learnt?
We have seen that in New Zealand, online casinos have traditionally offered deposit bonuses forcing players to first deposit money before they are awarded bonuses. they then first needed to fulfil the bonus' wagering requirements before they can access their deposit money. This is slowly changing.
With the entrance to the New Zealand market of new online casinos that offer no deposit bonuses, players no longer have to feel frustrated. They can no make use of these bonuses and play them on the casino without a financial risk up front.