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
“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.
Deposit Bonuses
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.