How to Claim Free Virtual Chips at Online Casinos
As an attractive invitation to new players, all casinos offer some form of matching bonus on your first deposit. But while this offer is great, there are also those who prefer to test the waters before they even spend a dime. That’s why most casinos offer “free chips” as well, as a way to give players a glimpse of what they can expect in a casino, before they spend cash.
The “free chips” offer is not a new incentive, but actually a novelty term for a number of free-play offers casinos have already had for quite some time. To claim your free chips, you will need to know exactly what kind of offer to look for, but also the terms and conditions that come attached to it.
To help you with that, here’s a simple guide on free-chips offers and how to claim them. And as a plus, if you don’t know where to find the best offers when you finish, you can visit http://www.purenetent.com/casinos to find a variety of NetEnt casinos offering free-play bonuses listed and ranked.
“Free spins” bonuses are one bonus type that is now also called a “free chips” offer by a number of casinos. Basically, this is a bonus that you’ll receive in the form of a number of free spins at a slot game. This can come both as a “free” reward on your deposit, but also, as most casinos prefer to do it, as your sign up bonus.
No Deposit Bonuses
The king of all bonuses, the no-deposit bonus is the most popular incentive casinos offer to new players. It’s also the first bonus offer that players think of when they say “free chips”
The no-deposit bonus is exactly what it sounds like. You sign up for an account at a casino and you receive a certain amount of wagering money to spend. But unlike with free game demos, here you’ll actually be playing for real cash.
And the last “free chips” offer you can get is your standard deposit bonus. This type of bonus is not entirely free as you’ll need to make a deposit to be awarded your free chips. The way it works is that you will receive a specific amount of extra wagering money according to the deposit you’ve made. The full amount and deposit requirements will vary with each casino.
Different Types of Claims
Whether it’s your sign up bonus or a “free chip” deposit bonus, you will normally be given one-two ways of claiming your offer. For example, some casinos add a check-box on your registration form that you would have to tick if you want to receive your free offer.
On the other hand, some bonuses, especially deposit bonuses, you might have to claim by entering a bonus code that the casino will publish, or even contact their customer support to receive it. The procedure will vary between different casinos and it will normally be outlined in the fine print of the promotion.
Wagering Requirements and Other Restrictions
Since many players can turn free chips offers to a significant advantage, casinos now impose a number of restrictions on the bonuses they award.
For example, the free chips you receive might be exclusively tied to one type of game. Normally, casinos will tie the free chips to slot games, but some may choose to offer other games as well. The reason for this is that games like Roulette can have unfair (50/50) chances of winning for the casino.
Another restriction that casinos impose is a withdrawal limit. For example, a casino will allow you to withdraw no more than $500 in winnings on your free chips. So, if you received $25 in free chips and hit a jackpot of $1000, you will be able to withdraw only half.
And finally, all casinos will have a wagering requirement on your free chips. This means that you’ll have to wager the free money you receive a number of times before you can withdraw any winnings from it.
For example, let’s say a casino has a 100% match bonus on your first deposit with a wagering requirement of 35x. What this means is:
· You deposit $50 and you receive $50 in bonus money;
· Per the 35x wagering requirement, you have to wager 35x your bonus before you can withdraw your winnings;
· Once you wager $1750 (35x50), you will be able to cash out.