How to Convert Free Spins Casino Winnings to Cash?

Last updated on August 4th, 2024

How Free Spins Casino Bonuses Work?

You simply cannot have online casino gambling without free spins. The most commonly-credited type of bonus incentive, free spins are easily one of the top bonuses for both the players and the online casinos. Players love free spins because, well, they are free. Online casinos, on the other hand, love free spins because it doesn’t cost them anything to credit them. From here, we can make the conclusion that free spins casino bonuses are a win-win for both the ones who claim them and the ones who hand them out.

Many online casinos attract players with free spins, and this is certainly not by accident. Just as a good as casino no deposit bonus, free spins don’t require you to spend any money whatsoever in order to claim them. From here, it should come as no surprise that free spins casino bonuses are one of the most popular types of bonuses, and they will most likely remain so for many years to come, or until some online casino doesn’t come up with a new ingenious and free way to reward its players.

The beauty of online casino free spins is that they can come in many shapes and colours. From welcome packages that offer free spins as part of their reload offers to standalone promotions and bonuses that require a simple deposit and even no deposit bonus welcome offers, free spins are the most frequently used type of casino bonus, period. In fact, we dare you to find a casino that doesn’t have a free spins bonus promotion.

Free spins work in the utmost straightforward way possible, as you are required to do minimum work in order to claim these offers. Though in most instances free spins come with certain wagering requirements that condition you to rollover your free spins winnings prior to making a deposit, in essence, this is not that big of a deal considering that you didn’t spend a dime of your money to claim them.

What Are The Best Online Casino Free Spins Deals?

As we already established, online casino free spins deals can come in various forms. While in most instances you will be required to at least register an account prior to claiming them, there are special occasions when the casino will give you free spins even without registering an account. Understanding the difference between the types of free spins offers is crucial if you wish to find, and consequently claim the best free spins casino bonuses.

Due to their popularity, online casinos have created several types of different free spin bonuses. Being that a free spins bonus offer is just what it sounds like, a bonus that consists of free spins, the only difference between the different types of free spins offers is the way that you claim them. Some casinos will task you with making a deposit. Others won’t. Knowing which type of free spins bonus offers means, how you can claim them, and what you are expected to do after claiming them will help you determine what is the best incentive for you.

With that being said, let’s have a look at all of the different types of free spins casino bonus deals.

• Deposit Free Spins

We will begin our list with the most common and most frequently credited type of free spins bonus, the deposit free spins offers. Just as the name suggests, in order to claim deposit free spins offers you will be required to make some sort of a deposit. In most cases, deposit free spins are bundled with a welcome offer, usually a reload welcome bonus. For example, the casino may entice you to claim a welcome bonus of 100% up to $200 + 100 free spins on either your first, or next several deposits.

Another type of deposit free spins offer is standalone free spins bonuses. These types of free spins offers are usually reserved for daily promotions at the casino. For example, an online casino may have a Wednesday Free Spins promotion where you will be required to make a minimum deposit on Wednesdays to claim the bonus. Depending on the promotion, this can either be a fixed deposit for a fixed amount of free spins, or the more you will deposit the more free spins you will claim.

Either way, deposit free spins bonuses are just what they sound – make a deposit and get your free spins.

• No Deposit Free Spins

Arguably the most popular, and with that, the most sought-after type of free spins bonuses are the no deposit free spins offers. This type of free spins bonus is the best simply because you are not required to deposit any funds in order to claim it. Moreover, no deposit free spins are the best for testing out a new online casino, being that they provide the perfect way to see what the casino offers without spending, a trade-off that every casino player is willing to make.

However, the trick about no deposit free spins is that they are very difficult to find. The reason is simple – not all online casinos are willing to hand out free spins without conditions, which is why every time a no deposit free spins bonus emerges, there is usually a big demand by the players. This means that whenever you encounter a no deposit free spins offer you shouldn’t think twice to claim it. 

• Wager Free Spins

While most free spins come with wagering requirements that condition you to rollover the winnings prior to withdrawing them, wager free spins are the exact opposite. This means that you can withdraw the winnings that you get from wager free spins without the usual hustle of wagering requirements instantly and without any problem. Wager free spins are usually credited for joining a casino, which is no surprise as operators know that this is the most efficient way to attract new players.

Similar to no deposit free spins, wager free spins a somewhat difficult to find, but not impossible. Just keep reading this in-depth guide and we will show you where you can find the best wager free bonus spins offers.

• Real Money Free Spins

Real money free spins are very similar to deposit free spins, as they both require real money to play at the slots. More specifically, any winnings that you make using this type of free spins will go directly to your gaming account. The beauty of real money free spins is that you can use this type of free spin to activate the bonus round during your slot sessions, and if you are lucky, you could also potentially trigger the jackpot of the slot and win a life-changing amount of money.

Real money free spins are easy to find, as most casinos tend to work with this particular model of free spins. The truth about this type of free spins is that while you do stand a chance to lose real money, if you know what you are doing, have the right strategy, and you are playing the right games, then you can turn this risk to your advantage.

• Play Money Free Spins

Play money free spins are arguably the least perilous type of free spins as they pose absolutely no risk to your finances. This type of free spin is reserved for demo slots as they are specifically reserved for demo games where you play with credits either from the casino, or the software provider, depending on the instance. Though you can win real money when playing play money free spins, they are a great way to get a feel of the game and have fun without the usual risk that you get by playing online slots with real money.

The Most Popular Type of Free Spins Casino Bonuses

Now that we covered all of the basics of free spins casino bonuses, let’s have a look at some of the most popular types of free spins bonus offers out there. These are very specific free spins bonuses, as players usually tend to search these offers with the sole purpose of claiming this exact bonus.

Free Spin Casino $100 No Deposit Bonus Codes

One of the top three most specific casino bonuses is the free spin casino $100 no deposit bonus codes bonus. This is an excellent offer should you come across one, but it a rather difficult to claim, being that there aren’t many online casinos out there that are willing to create such a promotion.

Deposit 5 Get Free Spins Casino

Looking at the name, you can tell that this is a deposit free spins bonus that requires you to deposit $5 in order to get free spins. Such a specific offer is rather difficult to find, however, if you do happen to come across one, make sure to claim it without hesitation.

Free Daily Spins Casino

The free daily spins casino bonus is an excellent promotion for players who love claiming free spins on a daily basis. Unlike the two previous promotions that are more difficult to claim, you can find promotions like this one in the majority of online casinos, making them one of the easiest to claim.

When to Look for Free Spins No Deposit Casino Bonuses?

Free spins no deposit casino bonuses are perfect for players who don’t want to spend money, simple as that. If we had to pick the perfect time to claim no deposit free spins bonuses then we would say is when you are starting out at a new casino, given that the operator has such a promotion.

No deposit free spins casino bonuses are usually the go-to weapon for casinos that want to attract new players. This will usually come in the form of a welcome offer where all you will be tasked to do in order to claim the bonus is to register an account at the casino.

Moreover, many online casinos will create no deposit free spins promotions for special occasions, such as sports tournaments or during the holidays. This means that whenever Christmas is around the corner, or a major sports tournament (such as the EURO 2024) is set to begin, make sure to look for these fantastic offers.

With this in mind, let’s have a look at some of the best online casinos that have some of the best free spins bonuses at the moment.

Pinnacle Casino 200 Free Spins

Pinnacle Casino is a brand that doesn’t need much of an introduction, as this casino enjoys a reputation as one of the leading operators with more than 25 years of experience. This is why the 200 free spins promotion that you can claim by joining Pinnacle is an offer that you simply cannot miss.

The beauty of this free spins bonus is that you get to choose how much you wish to claim, depending on how much you are willing to deposit:

• $25-$49: 10 free spins
• $50-$199: 50 free spins
• $200-$499: 100 free spins
• $500+: 200 free spins

888 Casino 10 No Deposit Free Spins Each Month

888 is another online gaming brand that we don’t need an introduction, as this casino is not only one of the first in the business but is also one of the biggest and most reputable. This is why it shouldn’t come as a surprise that it has one of the best no deposit and wager free spins promotions out there.

In fact, the 10 free spins promotion by 888 Casino is a no deposit and no wager free spins bonus that you can claim each month until the rest of the year. Simply join 888 Casino, and you become eligible to claim 10 free spins on Holy Mackarel Extreme Fishing every month for the rest of the year.

Jackpot Frenzy Grab 50 Free Spins

The third promotion on this list is by a dedicated online casino that is known for its innovative and progressive way of approaching iGaming, Jakcpot Frenzy. Their fantastic promotion allows you to grab 50 free spins just by making a minimum deposit at their casino.

The minimum amount you are request to deposit in order to claim these 50 free spins is $20. Once you do, you instantly become eligible to claim this excellent promotion, which you should definitely consider doing, as not all online casinos are willing to give 50 free spins for such a small deposit amount.

No Deposit Free Spins and Software Providers

There is yet another way that you can claim no deposit casino free spins bonus offers, aside from online casinos, and this is by claiming these bonuses from software providers. Arguably one of the best ways to enjoy no deposit free spins, claiming these offers from iGaming studios is a great way to enjoy slot sessions without the extra hustle of making deposits or joining a casino.

Depending on the situation, you can claim no deposit free spins from providers across all of their games, or in special instances, when the developer collaborates with an online casino in order to promote a specific game. Either way, this type of free spins bonuses are perfect not just because they are easy to claim, but because of the fact that it won’t cost you anything to claim them.

Some of the most popular software providers who frequently create no deposit free spins promotions for their games include:

• Microgaming: Some of the most popular games where you can claim free spins no deposit bonus include Mega Moolah and Immortal Romance. Make sure to keep your eyes open, as Microgaming free spins casinos no deposit bonuses are frequently available in both of these games. 

• NetEnt: This is another of the leading software providers that frequently releases new free spins no deposit bonuses for both mobile and desktop casino gaming. Some of the most popular games where you can claim free spins no deposit offers are Gonzo’s Quest and Starburst, and even some casinos offer a no deposit register bonus for these particular games.

• Play’n GO: Book of Dead Rich Wild and Reactoonz Savages are two games that frequently come with a no deposit free spins bonus both across the network of Play’n GO, as well as standalone no deposit free spins offers at many online casinos.

• Quickspin: This software provider has a no deposit free spins bonus for two very entertaining games, the Mysterious Ark and Spinions. Whenever you encounter one of these bonus offers, make sure to claim these no deposit free spin bonuses instantly, as they open up unlimited possibilities.

• Pragmatic Play: A list like this simply cannot go without this leading provider, especially since both new and existing online casinos tend to create no deposit free spins promotions involving plenty of games by this studio, including Diamond Strike, 7 Monkeys, Gold Rush, etc.

• Betsoft: A leading studio such as Betsoft frequently creates no deposit free spins bonuses for a long list of its popular slot titles, with this list including mega-hits such as Mamma Mia, Gypsy Rose, Greedy Goblins, and much more.

• IGT Casino: An IGT no deposit bonus free spins offer always fares well among casino players, especially considering the quality of entertainment of this provider. 1024 Ways to Win, adventure slots, classic slots, 3D slots… You can claim no deposit free spins for almost every game they have.

• Playtech: No deposit free spins bonus by Playtech is something that you simply have to claim if you come across one. Especially if we consider that some of the most rewarding free spins no deposit casino offers ever were created by this provider.

Mobile Casinos and No Deposit Casino Free Spins

The easiest way to claim no deposit free spins bonuses is undeniably by downloading a mobile app. This is because many online casinos that come with a dedicated mobile app will have a special promotion where you will get no deposit free spins just by downloading their mobile app.

In fact, we can confidently say that 90% of online casinos out there that have a mobile app, have some sort of a promotion that will grant you a free spins bonus just for making the effort and downloading it.

One such example is the fantastic WinSpirit Casino, where if you decide to download the app from the store the casino will give you 20 free spins. Just like that!

VIP Clubs and No Deposit Free Spins Offers

Though this one requires a bit of effort on your side, by becoming a member of VIP Clubs at casinos you instantly become eligible to claim some truly amazing rewards and prizes, one of which are no deposit free spins bonuses. 

Whether you will get free spins for progressing through the ranks of the casino, or you will get a special free spins no deposit bonus offer by the casino just because you are a VIP player, the chances of you getting no deposit spins grow exponentially when you are part of the elite at the casino.

Plus, VIP members receive offers for no deposit free spins without any wagering requirements, which is yet another reason why you should consider becoming a member of a VIP Club.

How to Maximize Casino Free Spins No Deposit Offers?

The most efficient way to maximize casino free spins no deposit offers is to know exactly what you are looking for. Let us explain this. There are plenty free spins bonuses out there. While most of them are similar in the way that they can be claimed, not all of them come with the same requirements and conditions. Sure, a wager free spins bonus is excellent as it doesn’t require you to rollover the winnings.

However, a no deposit free spins bonus that comes with wagering requirements is a bit tricky, as you will need to meet the wagering requirements if you wish to claim your winnings. This is why understanding how to maximize casino free spins no deposit bonuses is imperative if you wish to make the most of your free spins bonus.

The easiest way to know how to maximize your no deposit free spins is to know the terms and conditions of the bonus. Below, we present you with a list of some of the most crucial things you need to take into account in order to maximize on these offers.

• Wagering requirements: This is the number of times you must rollover, i.e. bet the winnings before you can request a withdrawal.
• Type of reward: No free spins deposit bonuses can come in many different forms and variations, which is why you need to make sure to learn the type of free spins bonus you are about to claim.
• Cashout limit: This is the maximum limit that you as a player are allowed to withdraw when you want to claim your free spins no deposit bonus winnings.
• Time limit: This is the amount of time that you have to activate and claim your free spins no deposit bonus. Usually, the casino sets a limit of up to 1 day to 1 week.
• Max bet: This is the maximum bet limit that you can play with your winnings generated from a free spins no deposit casino bonus.
• Restricted countries: A list of countries where you are not allowed to claim the free spins deposit bonus offer. These restrictions are applied to the gambling laws of each country individually.
• Contribution rates: Depending on the game, different free spins offer no deposit bonuses and will have different contribution rates to the wagering requirements. Usually, this amount can be 10x, 15x, 20x, 40x, etc.

Pros & Cons of Free Spins Bonus Offers

Every bonus has its own pros and cons, and free spins bonuses are no different. This is why it is important for us to present you with a detailed list of both the pros and the cons of no deposit free spins, as this can help you get a clear image of whether this type of bonus is for you, or not.

How to Convert Online Casino Free Spins No Deposit Winnings to Cash?

We covered the types of free spins bonuses, where you can find them, and how you can claim them, so it is only natural to talk about how can you convert online casino free spins no deposit winnings to real money. 

No deposit free spins are easy to claim. But that doesn’t mean that you don’t need a point of reference as to how you can convert your winnings into cash. With that being said, let’s have a look at our procedure that will teach you how to turn your winnings into real money.

• Find a casino that has a no deposit free spins offer
• Check the terms and conditions of the bonus
• Check the type of free spins you are about to claim
• Activate the free spins bonus
• Meet the bonus conditions
• Contact the customer support and claim your bonus

What Are the Best Strategies for Free Casino Spins?

Knowing how free casino spins work is one thing. Implementing the right strategy to maximize the full potential of no deposit free spins is an entirely different story.  And this is not just for free spins bonuses, but for everything even remotely connected to iGaming. This is an industry that requires the utmost respect, planning, and the right strategy at the right time. 

This is why we created a list of life-saving strategies that will help you get the most out of your free spins bonuses, as well as how to use the best possible strategy for your free spins bonus.

• Learn the Wagering Requirements: Most no deposit free spins bonus offers come with pretty strict wagering requirements. Depending on the casino, these offers can have somewhere between 20x-40x wagering requirement on average, with some extreme situations where this amount can reach up to 60x. In other words, always inform yourself of the terms and conditions prior to claiming a bonus.

• Play Low-Volatility Slots: Whenever possible, you should definitely consider playing low-volatility online slot games when you are claiming your free spins bonus. This is because low-volatility games offer smaller, but more frequent wins, which in other words is perfect for your bankroll in the long run. Moreover, this way you can slowly meet the wagering requirements of the bonus without jeopardizing your funds.

• Check the Time Limit: All bonuses come with limits, and free spins bonuses are certainly no exception. Whether it is a time limit on how long you have to use your free spins bonus, or a cash-out limit that imposes certain limits on how much you can request from your no deposit free spins bonus winnings, checking the limits is imperative prior to you claiming such an offer. Just remember that different casinos will impose different time limits.

• Take Advantage of Loyalty Programs: VIP Clubs and Loyalty Programs are one of the best ways to claim free spins no deposit bonus offers. While each club is different and has its own rules, one thing that all have in common is the fact that you can claim various free spins incentives that usually come with no wagering requirements whatsoever.

• Be Realistic: No deposit free spins bonuses are cool, but they still come with certain perils and cons. This is why it is smart to be realistic about the fact that although free, no deposit bonuses come with strict wagering requirements and are unpredictable by nature. Think of it like this – they are perfect for testing out casinos and games, but nearly impossible to make real money out of them. Well, except if you hit the jackpot of the slot.

• Gamble Responsibly: We cannot stress enough the importance of staying safe and gambling responsibly. Sure, free spins bonuses don’t require spending and may seem safe at first. But keep in mind that gambling is a highly volatile activity that can result in gambling addiction if not careful or if you overindulge. Keep a cool head, always play for fun, and never chase your losses. This is the only way gambling should be approached, and there is no other way around it.

When Can You Withdraw Bitcoin Casino Free Spins?

The answer to this question will depend on two factors – whether the bitcoin casino free spins bonus has wagering requirements or not, and whether you met the wagering requirements imposed on the bonus.

The first thing you need to do is make sure that you claim a wager free spins bonus, as this will instantly allow you to request the withdrawal of your winnings without having to rollover the amount.  

In the case that you claimed a no deposit free spins bonus with wagering requirements and you already fulfilled them, then the next thing you need to do is find the best payment solution to withdraw your funds.

Why Understanding Withdrawal Limits for Free Spins Casino No Deposit Bonus Offers Matters?

This is why it is important to know that different payment methods come with different perks and advantages. In other words, choosing the payment method that suits you the most is one of the first things you need to do prior to claiming a bonus.

With that in mind, let’s look at some of the most popular and widely used types of payment methods in the iGaming industry:

Debit/Credit Cards

One of the most popular and widely used payment methods at online casinos is debit cards and credit cards. Due to their availability, ease of use, security, and the fact that everyone has at least a debit card, most casino players go for one of these solutions when playing at online casinos.  

• Processing time: 2-5 days
• Average withdrawal limit: $10

E-wallets

The second most popular and widely-used payment method used for online casino gaming is e-wallets. E-wallets are popular due to their ease of use, transparency, and speed of transactions, e-wallets are one of the preferred methods for online casino gambling.

• Processing time: Instant – up to 24 hours
• Average withdrawal limit: $10

Cryptocurrencies

The fastest payment solutions and the most anonymous in all of modern banking, cryptocurrencies are slowly becoming the favourite for online casino gambling because they come with some truly unparalleled features. This includes no limits on withdrawals and deposits, lightning-fast transactions, and guaranteed anonymity.

• Processing time: Instant
• Average withdrawal limit: 0.001 BTC

Bank transfer

 Last, but not least, we have bank transfers. One of the oldest payment methods used for online gambling, bank transfers are used by players who want security above all, and when it comes to safety and peace of mind, it doesn’t get any more secure and transparent than banks.

• Processing time: 5-10 working days
• Average withdrawal limit: $10

Final Thoughts

Free spins are so popular not just because of the fact that they are one of the easiest to claim, but because of the excitement that they bring to the table when compared to other bonus incentives. Each spin opens new possibilities, and this is why so many players simply love claiming these offers.

With this in mind, it is our duty to give you some tips on this very lucrative bonus offer. Although they may seem harmless, free spins offers are just as volatile as any other bonus out there, and this is mainly due to the dopamine hit that you get with every new spin.

Online slots come with flashy lights, vivid animations, captivating visuals, and exciting features for a reason, and that reason is to keep you glued to the screen for the entirety of your sessions. This is why being responsible with your free spins is crucial in order to save yourself the trouble of overindulging.

This is why it is imperative to always gamble responsibly. Always make sure to use the right slot strategy prior to your next gaming session. Regardless of the type of bonus, it is your duty to inform yourself about the bonus and the game you are about to play, as this is the only way you can remain safe.

Stay safe, have fun, and always gamble responsibly.

Frequently Asked Questions (FAQs)