Most free spins on card registration require players to make a deposit. Players need to pay the minimum required sum to become eligible to claim the bonus.
The actual sum depends on the casino’s policy and it’s symbolic in most cases. It usually goes between £5 and £20, but a bonus offer with a higher minimum deposit can be found as well.
There are also online casinos that don’t require a deposit. Those are called no deposit free spins offers, where all you need to do is to complete the registration and select a bank card as a payment method.
A vast majority of free spins bonus offers come with wagering requirements. This means that if you win something with free spins, you won’t be able to withdraw the money before you meet the wagering requirement. You will have to wager a lot before you get access to your winnings.
A wagering requirement is displayed in the “number x” formula. That’s the number that multiplies the bonus value.
If you get free spins that are worth £10 with a 50x wagering requirement, the actual sum you will have to wager is 50x£10, which equals £500.
When you are considering a certain bonus offer, make sure to check wagering requirements, because it can vary a lot from offer to offer. It typically goes between 30x and 70x, while everything above that is considered too high.
Another thing to consider is wagering contribution. Not all games contribute to wagering equally. Slot games are usually the best, while games like blackjack may not contribute at all.
Max Withdrawal Limits
Even if you meet wagering requirements, you may not be able to withdraw all of your winnings. Every online casino puts a cap on max winnings with the so-called max withdrawal or max cashout limit.
If the max winning is capped at £100, you won’t be able to withdraw more than that, even if you win a much higher prize.
Every bonus offer come with time restriction. Once the bonus expires, free spins will be deleted from your account, whether you used them or not.
That’s why it’s important to check how much time you will have to use your spins. Some offers may expire after just 24 or 48 hours, while others may last for days.
If you are a person who likes to leave something for later, you should pay attention to this aspect of bonus offers as well.