What is a No Deposit Bonus?

CHICAGO, IL – OCTOBER 16: The fantasy sports website DraftKings is shown on October 16, 2015 in Chicago, Illinois. DraftKings and its rival FanDuel have been under scrutiny after accusations surfaced of employees participating in the contests with insider information. An employee recently finished second in a contest on FanDuel, winning $350,000. Nevada recently banned the sites. (Photo illustration by Scott Olson/Getty Images/AFP (Photo by SCOTT OLSON / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

A no deposit bonus allows you to receive free credit at an online sportsbook or casino without having to hand over any of your own money. It is therefore a very appealing offer, but you have to jump through several hoops before you can actually make a cash withdrawal.

What Makes a No Deposit Bonus Unique?

Most bonuses require you to deposit some of your own money in order to unlock the reward. For example, a 100% match deposit bonus requires you to deposit $100 of your own money to receive $100 in site credit.

A no deposit bonus is different, because you will be awarded site credit without the need to fund your account.

Why Do Online Gambling Sites Offer No Deposit Bonuses?

It helps them drum up new business. You will need to sign up for an account and provide your personal details to unlock the no deposit bonus.

You will then need to complete a playthrough requirement on your bonus credit before you can cash out your winnings. That gives the online casino or sportsbook time in which to impress you, as it hopes to turn you into a long-term customer.

It also gives you an opportunity to test drive the online gambling site, without having to risk any of your own money.

Rollover Requirements on No Deposit Bonuses

You generally need to play your bonus funds through several times before you can withdraw it as cash.

For example, you might be required to complete a 20x rollover requirement on a no deposit casino bonus. In that case, if you receive $10, you must place $200 worth of wagers before the funds become eligible for a cash withdrawal.

This prevents players from simply receiving bonus credit, cashing it out immediately, and making off with a profit. It is often difficult to complete the wagering requirements and still have your funds intact, but it is certainly possible to earn substantial cash payouts without needing to deposit any funds of your own.

Which Online Gambling Sites Offer No Deposit Bonuses?

DraftKings and Unibet regularly provide no deposit bonuses. The offers are generally launched on a short-term basis, and they may change from one week to the next, so it is always worth keeping an eye out on the “Deals” section of TheRX.com.

We will highlight the best no deposit bonuses alongside match deposit bonuses, risk-free bets, odds boosts, and other promos.

No Deposit Bonuses as Part of a Welcome Bundle

Some sites will offer you a no deposit bonus as part of a broader sign-up bundle. For example, you might be offered a risk-free bet worth up to $1,000, plus a $20 no deposit bonus.

In this instance, you do actually need to deposit some of your own money to claim the bonus, as the no deposit bonus is dependent upon you claiming the risk-free bet.

However, it is still an attractive offer. If the minimum deposit is $10, you could deposit $10 of your own money, enjoy a risk-free bet and gain $20 in site credit. In this case, the bonus funds typically have just a 1x playthrough requirement, but it is always worth checking the terms and conditions.

Free Bets

No deposit bonuses are generally used to provide new customers with an incentive to register for an account. Yet some sportsbooks also awarded free bets to their existing customers on an intermittent basis.

For example, you might be offered a $10 free bet on the Super Bowl. It is essentially a no deposit bonus, because there is no risk on your behalf.

You may also be given free spins in the casino on a weekly basis. Any winnings you earn will typically be paid as site credit, with a 1x playthrough requirement, but the terms and conditions will explain everything clearly.