The first thing to remember is that online slots and casinos are desperate for your business. So much so that many casinos offer free, “no deposit” offers to attract new players. Many of these casinos are relying on the fact that gambling is addictive and that you may get hooked after a free sample of the goods. The online casino model is basically to emulate drug dealers – Give them the first bit for free and hope they get hooked. However, if you are disciplined and don’t lose control then you can actually make a reasonable amount from online slots and casino sites by taking advantage of their free no deposit offers.
Before we start, always make sure the site you are playing with has a full UK Gambling Commision licence; you can search for sites in the UKGC directory here.
Step 1: Search for Free Offers and Read the T&C’s Carefully
If you type in “free spins” or “no deposit bonus” or “no deposit free spins” into Google and ignore the paid adverts you will see a list of websites who rank well organically for these offers – we recommend you start with these sites before going via affiliate websites. When joining an online casino there are usually a few catches to the no-deposit offers and we can help to guide you on which offers to take and which offers to avoid.
Avoid: Sites that ask you to enter credit card details in order to claim a free offer. Websites such as Pink Casino and Slot Boss have this restriction. Avoid them.
Avoid: Sites that ask you to submit ID before claiming the free offer.
Accept: Sites that ask you to verify via email or SMS to claim a free offer.
Most websites will offer 10-20 free spins or a £5-£10 bonus. These offers will come with wagering requirements which means you must wager whatever you win with the free bonus multiple times (usually about 50x) before your winnings will transfer from your bonus balance to cash balance and become withdrawable.
Avoid: Casinos that cap winnings with free offers at less than £50.
Accept: Casinos that have conversion limit only. Some sites will say 4x conversion which means you can only win a maximum of 4x your initial win amount from the free spins. This may sound terrible, but you could theoretically win £250 from the free spins, giving you a £1,000 cash win – completely free – no risk involved at all.
It’s important to note that casinos these days MUST display the key terms and conditions of the free offers on the main images. Here below we have analysed a good example from EgyptSlots.com
If you do win and you haven’t deposited, its 99.9% certain the casino will ask you for ID as a way to put you off from withdrawing and also to prevent bonus abuse from hackers/spammers.
They will ask you for a few things:
- Proof of Payment – A photo of the debit/credit card you plan on withdrawing to – make sure you cover up the middle 8 digits and the CVV2 code on the back.
- Proof of Address – A recent bank / utility bill – Most casinos won’t accept anything older than 3 months.
- Proof of Age – A copy of your passport or driving license to prove your age and identity.
Once you have submitted these items it is usually quite a quick and easy process to withdraw the cash winnings.
Which Sites Do We Recommend?
We recommend you try EgyptSlots.com – This site offers 10 Free Spins on Cleopatra (one of the best games in history and it is extremely volatile which means there is a chance for a 10,000x multiplier of your initial stake if you hit the jackpot.
Other websites such as CloverCasino.com offer 20 Free Spins to use on Finn & The Swirly Spinn; again, this is no deposit required, just SMS verification and no limit on winnings (just the conversion limit).
What About Deposit Offers?
This is a bit more complicated and it doesn’t involve zero risk. However, there is a formula you can use to analyse the chance of winnings based on the bonus amount, game RTP and wagering requirements and then use this result to be selective to only choose the offers that present the best chances of a positive return.
Conclusion and Recap
- Look for no deposit spins / bonus casinos.
- Avoid any casino that asks for credit card validation.
- Avoid any casino that caps wins above £50.
- Read the terms and conditions carefully – don’t fall into any traps.
- Get your ID ready and expect to be asked to prove your details. Because of this DO NOT USE FAKE DETAILS when creating an account as this is an automatic breach of terms and all your hard-earned winnings will be forfeit.
Good luck players and if you do find yourself becoming addicted or losing control head over to begambleaware.org for information on how to gamble safely and responsibly.
The post How to Make Money Playing Slots with ZERO Financial Risk appeared first on Home Business Magazine.
Source: Home Business Money