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Slot Madness Casino Deposits and Withdrawals
Banking is 100% safe and secure at Slot Madness. If you are a US player, you can rest assured that you will receive all the support you require while you are trying to load your online casino account and withdraw winnings.
Read the following to get an idea of how deposits and withdrawals work at this NuWorks powered online casino:
Deposit Options
$100 No Deposit Bonus Codes
- Visa
- MasterCard
- Skrill
- Neteller
- Bitcoin
Withdrawal Methods
- Bank Checks
- Bank Wire
- Bitcoin
- Neteller
The exact time taken for your winnings to be reflected in your account depends on your preferred withdrawal method. Usually, the online casino takes up to 10 days to approve withdrawal requests and up to seven working days to actually send the winnings.
Players can withdraw up to $2500 per week. If they wish to withdraw a larger amount, it will be paid in weekly instalments of $2500 each till the entire amount is paid off. Players can withdraw a minimum of $100 at a time. If players choose to withdraw through money transfer or check, they will have to pay processing fees.
Before requesting withdrawal for the first time, players have to undergo a verification procedure, which requires them to submit copies of documents such as a government-issued photo ID, credit cards, or utility bills. If they have used credit/debit cards to load their accounts, they have to download, fill in, and submit a credit card agreement form, which is available at the casino website.
In the world of online gambling, very fewthings beat the chance of trying your luck and being in with a chance to winsomething without having to risk any of your own money. Usually, you have todeposit money to be able to play for real money at an online casino but thisisn't always the case. Thanks to a no deposit bonus, players are given a shotat improving their bank balances with no risk involved.
Like the name suggests, a no deposit bonus isissued with no cash requirements. Often, all you need to do is create anaccount and confirm your email address and the casino will issue a free bonusto welcome you aboard. Although the amount is usually rather symbolic (around€10 with most casinos), you can still use this money to kick-start yourgambling bankroll or earn a bit of money simply for having fun.
How Does a No DepositBonus Work?
When a casino gives you this type of aregistration bonus the money will usually appear in your account and you'll beable to use it just like your own cash. Usually, you'll be limited to playingjust video slots although this isn't always the case, either. Every no depositbonus comes with its own set of rules, which you should be able to find on thecasino site.
Once this free casino bonus is in your account,you can simply pick a game that you like the most and start playing. It isreally that simple in most cases. The free cash acts the same as real money soyou can start spinning those reels, looking to get lucky. Anything you win isadded to your real money account and if you catch a lucky streak, you can buildquite a balance, just like you can when you deposit €10 of your own money.
Turning a No Deposit Bonusinto Real Money
Although a casino may give you a free bonus toplay with, this doesn’t mean you can immediately take that money and cash itout. Even if you get lucky early on and run the initial amount up to a numberyou’d like to withdraw, things aren’t just that simple. Casinos have certainrestrictions in place to prevent players from doing a “hit and run.”
A no deposit bonus is issued primarily so thatyou could get acquainted with what an online casino has to offer and try somegames in real money mode. This doesn’t mean that you can’t win money from itbut you do need to understand the procedure behind it. There are a couple ofimportant terms connected to no deposit bonuses:
· Wagering(rollover) requirements, and
· Maximumcashout
Wagering Requirements forFree Casino Bonuses
All bonuses, free or otherwise, come with somesort of wagering requirements. Simply put, this is the number of times you needto play through the bonus amount before it is released and you’re allowed towithdraw it. In general, wagering requirements are in place to make sureplayers actually take bonuses for the purposes of play.
When it comes to a no deposit bonus, thewagering is usually on the higher side, i.e. anywhere from 50x to 100x thebonus amount. So, if you receive a €10 no deposit bonus with the 60x wagering,you’ll need to place €600 worth of bets before you can cash out. This may seemlike a lot to do on just €10 – and it is. But keep in mind this is free moneyyou’re getting so whether you make it or not, you aren’t actually riskinganything.
Maximum Cashout or MaximumConversion
Apart from wagering requirements, a no depositbonus usually comes with a maximum real money conversion. This is the maximumthe casino will allow you to cash out from the no deposit bonus even when youmake the wagering and it is usually a number of around €100.
This can seem unfair and be particularlyannoying when you get really lucky and go on a crazy winning streak, runningyour balance into hundreds but rules are rules. Once again, this is free moneyyou’re playing with so the casino is fully entitled to set any restrictions onit. As long as you’re aware of what the maximum cashout is, you should have no problemsas you’ll keep your expectations in check.
Best Strategy forConverting Your No Deposit Bonus
While gambling always has to do with luck forthe most part, when it comes to free casino bonuses, there are certainstrategies you can employ to give you the best shot at actually making thewagering and having some money left over to cash out.
Real Money Slots No Deposit Bonus Codes
Since this is free money given to you by acasino and you aren’t risking anything, you should always be more aggressiveand willing to go for a big win. Playing high variance slots on a higher stakeis usually the best way to approach a no deposit bonus. For example, with a €10free bonus, you could try a game like 300 Shields or one of Big Time Gamingslots at €0.50 a spin.
This won’t give you many spins, granted, but itwill put you in a position where, if you do trigger the bonus or land a bigwin, you’ll have a realistic chance of meeting that big wagering. If you justspin away at the smallest of denominations on a low variance slots, you’llhardly ever catch a big enough win to push you across that finish line.
Since there is no risk involved with a nodeposit bonus and the reward is only there if you make the wagering and havesome money left over, it makes perfect sense to take this approach. If youbust, which will happen more often than not, you can simply move on and findanother casino bonus no deposit offer to claim.
Have Fun & Make SomeMoney in the Process
Taking a no deposit bonus can be a lot of fun.It is definitely a challenge of sorts where you’re not just trying to win a bitof money but also beat the wagering and earn some cash. In a way, it isbasically trying to beat the casino, which is always a lot of fun. And, giventhe fact you aren’t risking any of your cash, it is really a great way to spenda couple of hours, provided you get lucky at the start and get a decent-sizedwin.
There are many casinos offering no depositbonuses so there is no reason to worry if things don’t go your way on one ofthem. You can always find another one. Keep on trying and you’re bound to makea few cashouts along the way. What you do with the money later is entirely upto you. You can use it to kick-start your gambling bankroll or treat yourselfto something nice, or whatever else.
As always, try to stick to properly regulatedand reputable casinos when doing this. You don’t want to spend your timechasing those wagering requirements only to be denied the winnings you’re fullyentitled to. As long as you stick to our recommended casinos, you should haveno issues whatsoever, so that’s a good place to start!