no deposit bonus are they a scam or the real deal

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Last post made 10 years ago by Anchi
simon graham

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  • Hi all i am very new to all this only started 1 month ago i now have over $1000 in wins with 5 different casino's they say all i have to do is deposit $25 1st  and then i may withdraw my winnings is this for real or a scam?
    thanks
    Simo

  • Hi Simo and welcome to LCB community smiley

    Yes it is a pretty much standard procedure for most online casinos to request a verification deposit before you are allowed to cashout on a free chip/bonus.

    Please also mind that most of these freebies have a maximum cashout rule. E.g. say you claimed $50 no deposit and won $200, and the max cashout is $100. So you can withdraw only the half of that balance, given that you met the wagering requirements.

    Also some no deposit bonuses can be cashable or non cashable and you can read an explanation HERE

    cheers
    Zuga

  • you need first read the rules of the casino to avoid problems in a future is not that simply hey get 25$ win something and cash out :p u need completed a withdraw request maybe send some documents any casino is diferent thats why u need first read the terms and conditions of any promotion wink and if ur new LCB is the best site to start tons of promos to new on-line players! Welcome Simon!

  • thanks for all your help and quick reply's i think this is a great community and i intend on staying cheesy

  • We are here to help and share our experience. If you have any additional questions be free to post.

    Also make sure to check the list of less reputable and rogue casinos with warnings HERE ,where it is not advisable to play.

  • It's just like everyone else says.

    Keep your eyes peeled nowadays however. There are some rogue casino's about. Even if you met WR within the terms, the second you make that "minimum deposit" to cashout your winnings, they will just keep it and never pay you.... You can easily spot the casinos that are like that here though as they are clearly labelled.


    Also look out for some deposit bonuses that are disguised as "no deposit" or "freeplay" bonuses. They are often quite high chip values. You are given an easy to meet WR, then once that is met you have to deposit x amount and wager your deposit + what you won 30+ times before you can cash out.

  • Since you are relatively new Simon, may I suggest you check out our Exclusive No Deposit section of the forum. All bonuses there are exclusive to LCB members and most of them are given when you sign up at a certain casino, but you will surely find they are above standard casino offers smiley

  • That is standard procedure.I have played a lot of no deposit bonuses,every time when I won some money  I usually had to make a minimum deposit. money

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