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Why Do Online Casinos Offer £5 No Deposit Bonuses

You may wonder why online casinos give away £5 free to every player that creates a new account. There is something in it for them as well. Many players sign up only because of the £5 no deposit bonus, so this offer is instrumental in attracting new players.

You can use the money given by the online casino to play the games for free. You can evaluate other aspects of the online casino as well, like promotions, customer support and banking. You can even cash out real money prizes, making sure that the withdrawals are made smoothly in time.

Then, if you have enjoyed the gambling, as you are sure to at our recommended online casinos, you will be inclined to make a deposit and claim the match bonus component of the welcome package.

You can be sure of two things when you pick a bonus from our list:

  • The bonus will be valid and applicable to your country.
  • The online casino offering the bonus will be safe and reliable.

A Guide to Claiming Your £5 No Deposit Bonus

After explaining the “why” we now take you step by step through the “how”.

  1. Visit our £5 no deposit bonus page and select the bonus that you want to claim.
  2. Read the main offer conditions carefully.
  3. Click on the “Claim Now” button embedded in the bonus offer.
  4. Navigate to the online casino’s private registration page only for our readers.
  5. Complete the sign up formalities from that page as directed.

Different online casinos have different mechanisms for claiming the £5 no deposit bonus after registration, and we explain each one below.

  • If our offer has a bonus code, you will have to enter it in the field while signing up. Your bonus will be available instantly on logging in the first time.
  • After logging in, you may have to go to the online casino cashier and choose the £5 no deposit bonus from the list displayed there.
  • At other online casinos you may have to contact customer support and request for your no deposit bonus.
  • If you want more information about claiming our £5 no deposit bonuses you will find them in our reviews of the online casinos.

Terms & Conditions of £5 No Deposit Bonuses

The £5 is free playing money and not free money that you can cash out as soon as it is credited to your bonus account. The online casinos specify the precise manner in which bonuses have to be wagered before cashing out real money through a set of terms and conditions.

By not reading the bonus terms and conditions you stand a good chance of violating them, which will result in your not being able to cash out your winnings in the very least. The online casino may in the worst case treat the violation as a case of bonus abuse and could take stricter action.

In this section we explain the more important bonus terms that you will find at all online casinos.

Wagering Requirements

Online casinos compel players to bet the £5 no deposit bonuses through wagering requirements. If the wagering requirement is given as 50x then you must place bets totalling to £250 from the bonus and the winnings from the bonus. Once you do that then you will be allowed to make a withdrawal request.

Lower wagering requirements are easier to complete and more likely to result in a real money cash out. You will rarely find wagering requirements of less than 30x, but when you do, please grab the bonus with both hands. Wagering requirements of more than 70x will be difficult to meet and these bonuses should be avoided.

Maximum Cashout

No matter how much you win through bonus wagering, you will not be permitted to cash out beyond a limit, which is termed as the maximum cashout limit. For example, if you win £120 and the maximum cashout limit is £80, you can withdraw only £80 from your bonus winnings. The online casino will remove the balance from your bonus account.

Higher limits are obviously better. In our experience, the maximum cashout is usually between £20 and £100.

Maximum Bet

This is another tool used by online casinos to ensure that you spend more time playing the bonus. It is only then that you will understand the casino operations fully. You will have to restrict each bet with bonus money to less than the specified maximum bet limit.

Game Restrictions

Most online casinos directly limit the use of bonuses to slot games. Some do this in an indirect manner by allowing other games but imposing low contributions on them. A game with 10% contribution increases the calculated wagering ten-fold, making it unviable. The fundamental rule is not to wager bonuses on any game that does not have 100% game contribution.

Some online casinos exclude the high RTP slots games from bonus wagering as well through a list given in the terms and conditions. Please check the list and avoid the slot games while playing with bonuses.

Play Only at the Best £5 No Deposit Casinos

An attractive £5 no deposit bonus is worthwhile only if offered by a reliable and fair online casino. Each no deposit online casino in our list has been thoroughly vetted by us.

In this section we acquaint you with some important facets of our due diligence.

  • Games & Software
    Your main interest at the online casino would be to play high quality games. Look for online casinos powered by leading games suppliers like Microgaming and NetEnt. Though you will wager bonuses only on slots, the portfolio should include all game categories, preferably live dealer games as well.
  • Banking Methods & Payout Speed
    Banking methods vary from country to country. We recommend online casinos that accept cryptocurrencies. Fast processing of withdrawals and at no cost to player are other factors we look for.
  • Bonuses & Promotions
    All our online casinos start with a no deposit bonus offer. We then evaluate the match welcome bonus and reload bonuses. Promotions like lotteries and slots tournaments add value. A loyalty program that adequately rewards VIP players is a must.
  • Customer Support
    We believe that customer support should start with a comprehensive FAQ section posted at the website. The support team should be available 24/7 through email and live help.
  • Licensing
    This is the most important requirement and one that most players miss out on. Unless the online casino has a valid operating license from a reputed regulatory authority please do not venture there.

We have already explained that you should wager your £5 no deposit bonus only on slot games. Here we pick three of the best slot games that you can start with. Over time you will find your own favourites.

FAQs for £5 No Deposit Bonus

FAQ
Some topics that we could not fit in the article are being covered through FAQ section.

Can I cash out real money prizes from a £5 no deposit bonus?

Yes. The whole idea of a £5 no deposit bonus is that it gives you a chance to win real money. You need a balance in your bonus account after completing the wagering requirements. You can then cash out from this balance up to the maximum limit allowed.

Will I cash out from every £5 no deposit bonus that I claim?

You could run into an unlucky streak and deplete your bonus balance without winning enough to complete the wagering requirements. In such a case there will not be any real money cash out. In our experience, such an eventuality will not arise very often.

Can I claim a no deposit bonus at any online casino that offers it?

Some online casinos do not offer no deposit bonuses to players from certain specified countries. If your country is on the excluded list at an online casino then you cannot claim a bonus there. This should not be a cause for concern. No matter which country you are from, we will have several £5 no deposit bonuses for you.

How many times can I claim a no deposit bonus at an online casino?

You can claim a no deposit bonus only once at an online casino. There will be sufficient checks to prevent you from claiming this bonus a second time. However, you can claim the no deposit sign up bonus at as many different online casinos as you want.

Once I claim a £5 no deposit bonus can I meet the wagering at leisure?

There will be a bonus condition that stipulates the period within which the wagering is to be completed. It usually ranges from 2 to 7 days. If you fail to complete the wagering within this period then you will lose out from the bonus.

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John Holmes Written by John Holmes