All online casinos offer welcome bonuses for new registered users, such as deposit bonuses (you receive a percentage of your first deposit) or “Free No Deposit” bonuses (Free Chips ranging from $5 to $50). Microgaming has recently introduced a welcome bonus called “Free Play” and it has quickly caught on everywhere.
Receiving $500 (or more than $2000 in some cases) for free with 1 hour to play, which is an example of an advert that many online casinos use, sounds too good to be true. It is indeed true, though, and you can actually win with this money, but it does come with quite a few rules.
You get 1 hour to play, nothing more. If your computer or Internet connection is not cooperating, you cannot make up for the lost time.
You don’t play in the real casino – there’s a mini casino for free play, and it has only about a third of all games available in the real one. The maximum bets might also be lower than the ones in full version.
You cannot cash out any winnings before you make at least 100 spins. It is less than it sounds though – about 10 minutes. You don’t have to play until the end of the hour after that – if you have more cash than the bonus amount, you can cash out at any point. For example if you received $500 bonus and you have $550, you get to keep the $50.
The money you cash out stays in your casino account, though, and you have to meet wager requirements just like with any other kind of bonus. For example, you might need to wager the free play winnings 20x before being able to cash out.
As always, the best idea is to read all terms and conditions thoroughly.