Myrto Shane | December 16, 2023 | Updated on: April 12th, 2024
No deposit bonus codes are extremely popular with Aussie players. Simply stated, these offers provide players with a small amount of free cash to make real money bets. Yes, an online casino is really giving you free money, which is just as crazy as it sounds.
You’d be a bit silly not to be interested in finding out how no deposit bonuses work. Below we explain all you need to know about how these offers, including:
- How they work
- Where to find them
- The pros and cons of using them
So, read on and find out how to make the most of no deposit bonus codes!
Claim the Latest Australian No Deposit Bonus Codes – April 2024
How Does a No Deposit Bonus Work?
A no deposit bonus is a free offer from a casino that provides a player with a small cash sum (usually, $10 to $30) to gamble for real money. “No deposit” means that you do not have to deposit to claim this offer.
If this seems at all confusing to you, the casino is giving you free money to gamble. This has made no deposit bonus codes widely sought-after, but this doesn’t mean these bonuses don’t have their drawbacks.
Aside from providing players with a meagre amount of money to gamble, the casino bonus offer usually has very strict terms and conditions attached. Not only do these terms make it difficult to cash out, but it also limits the amount of money you can win. If you find a no deposit bonus that allows you to cash out more than $100, you can consider yourself lucky.
Initially, no deposit bonus codes were created to attract players to online casinos. It was seen as an act of good faith from the casino – something along the lines of: “Here’s some money so you can see we aren’t a scam.”
However, online gambling is more normalized, meaning that casinos do not have to offer these promotions to garner players’ interest. They fell out of fashion for some time, making it very difficult to find such an offer.
However, nowadays, many casinos offer no deposit bonuses to new and existing players on occasion. Sometimes, you may see it as a sign-up bonus. However, more often, casinos are more likely to reward you with a free chip on your birthday or holiday season.
Top 5 Online Casino No Deposit Bonus Codes in Australia
Often, online casinos do not directly advertise; they award existing players no deposit bonuses regularly. Some casinos will try to get new players to sign up by advertising such a bonus, but this isn’t common anymore.
Here is a list of online casinos with the best no deposit bonuses based on our experience:
1. Cobra Casino
Cobra Casino is a new online casino. As with many recently launched gambling sites, the casino tries to keep its player base entertained with random no deposit bonus offers. Although the casino doesn’t actively advertise it, players get free spins from time to time. Sometimes, these spins can be used on any game except a handful of restricted games.
2. Jackpot Jill
Did somebody say zero wager free spins? Well, this is exactly what awaits players at the 2022 online casino, Jackpot Jill. The casino is still trying to attract new players by creating goodwill with the community. Part of this means providing existing players with random no deposit bonus free spins on occasion.
The maximum amount you can withdraw with the bonus is $200, which is much higher than what you would see at other casinos.
3. Pokies Parlour
Pokies Parlour regularly promotes online pokies by giving players free spins. It’s sort of like a monthly book club initiative, but with pokie games. Usually, you need to deposit to claim these bonuses. But sometimes, the casino generously rewards its players for free!
4. Joe Fortune
Joe Fortune is currently running a no deposit promo, which could see players earn up to 30 free spins, which is a good amount if you ask us. We warn you not to deposit while playing through this bonus, though. The terms and conditions state your deposit amount will become subject to the same wagering requirements.
5. Red Stag Casino
Red Stag often runs free spin initiatives to celebrate unique holidays. You won’t find the casino actively handing out bonus codes on their website. But if you search the internet, you’ll find tons of no deposit bonus codes for events like a St. Patrick’s Day special and the like.
Types of No Deposit Bonus Codes
There are two common types of no deposit bonuses at Australian casinos:
Cash
A no deposit bonus cash offer will reward you with a cash amount. As stated above, you are usually looking towards a bonus of $15 to $30. We have seen some offers reach as much as $100, but this isn’t very common.
The bonus will have wagering requirements attached, which you will need to meet before you can withdraw. Generally, you can only use the bonus on pokies.
Some casinos allow keno too. These are both games with a high house edge. They are purposely chosen in the hopes that you do not take any winnings home.
Free Spins
Some casinos prefer to provide free spins for online pokies instead of a cash amount. Sometimes, you will only be allowed to use the spins on a specific game. Other times, you will have a range of games available to you with only a few exceptions.
Software providers determine which games casinos can offer free spins promotions on – not the casino. In terms of numbers, you will seldomly see no deposit bonus free spins offers to provide players with more than 30 spins. These offers are subject to the same wagering requirements as traditional cash offers.
Advantages and Disadvantages of No Deposit Bonuses
Some players love no deposit bonus offers, and others think it is a waste of time. Here is how you can determine whether these bonus codes are worthwhile to you:
Advantages of No Deposit Bonus Codes
- Free money – you do not need to deposit to claim no deposit bonus cash. But you still stand a chance to win real money.
- You get to test a casino – let’s face it; giving a site you know little to nothing about some money is scary. A no deposit bonus allows you to test a casino’s legitimacy without using any of your own money.
- You win on the casino’s dime – nothing can compare to the feeling of beating a casino at its own game. Although most no deposit bonus offers only let you win like $100, it is a win you didn’t have to pay for.
Disadvantages of No Deposit Bonuses
- No jackpot or table games allowed – table games are easier to win than slots. Naturally, casinos don’t like giving you even odds because it means you can beat their system. Jackpot games provide big wins, which allows you to survive until you need to cash out.
- Max winning limits – to be honest, it wouldn’t even matter if you were allowed to play a jackpot game because casinos have max withdrawal limits on no deposit bonus. Generally, you can expect it to cap out at $100, but we’ve seen some generous offers that hit $250.
- High wagering requirements – casinos really don’t want to give free money away, so they make it as hard as possible to cash out. So, some no deposit bonuses have crazy wagering requirements like 70x the amount. This renders the bonus pretty much useless.
Wagering Requirements for No Deposit Bonuses
Remember that nothing in life is truly for free, which is why no deposit bonuses have terms and conditions attached. The two most popular stipulations are:
- Playthrough requirements – you need to reach a certain cash threshold of bets before you are allowed to withdraw your winnings. To find out how much, you need to look at the wagering/playthrough requirements attached to the bonus.
- Limited winnings – as mentioned above, with the disadvantages, casinos cap the amount you can win with a no deposit bonus. They don’t want a player who has never made a deposit walking away with a $1 million jackpot.
Tips for Maximizing No Deposit Bonuses at Online Casinos
Read and Understand the Terms and Conditions
Thoroughly review the terms and conditions associated with the no deposit bonus to fully comprehend wagering requirements, game restrictions, and withdrawal conditions.
Play Games with High Contribution towards Wagering Requirements
Focus on games that contribute a higher percentage towards fulfilling the wagering requirements. This allows for faster completion of requirements and potential withdrawal of winnings.
Keep an Eye on Time Restrictions and Expiry Dates
Be aware of any time restrictions or expiry dates associated with the no deposit bonus. Utilize the bonus within the specified timeframe to avoid forfeiting the bonus funds or free spins.
Maintain Responsible Gambling Practices
While enjoying no deposit bonuses, it is essential to maintain responsible gambling practices. Set limits, gamble within your means, and prioritize the enjoyment of the gaming experience.
Check out our other casino bonus guides:
No Deposit Bonus Codes – FAQs
A no deposit bonus is a free money offer from a casino that sees you get a small cash amount to play gambling games. The offer allows you to play real money games without spending any of your own money.
Stellar Spins and Play Croco
Wagering requirements govern how you can use a no deposit bonus. They tell you how many times you need to play through the cash to get your payout.
For example, if a $15 no deposit bonus has a 30x wagering requirement attached, you will need to place $450 in bets before claiming your winnings. We calculate this figure by multiplying the bonus amount with the wagering requirements.
A no deposit bonus abuser is a person who tries to manipulate the system by claiming more bonuses than they are allowed to. Usually, you’ll find that casinos limit account to one per household. No deposit abusers will create multiple with the aim of claiming bonus offers.
It depends on who you ask. Essentially, it is free money to play real money games, so you would think it is worth it. But this is not entirely true.
The wagering requirements attached to no deposit bonuses often ensure you will never withdraw winnings from these offers. Then, if you deposit while you have a no deposit offer active at some casinos, the money you deposited becomes subject to the no deposit bonus conditions.
However, there is still a chance of winning. So, if you weren’t planning on depositing soon, there is no reason not to accept a no deposit bonus.
Yes, you can cancel your no deposit bonus. You need to go to your casino dashboard, look at the active bonuses section, and select the option to “cancel” the offer.
