Free Money Casinos - 2024 Offers

“Free” is one of the best words in the English language. Adding “money” takes it to another level.

Who wouldn’t want free money?

Believe it or not, some online casinos offer free money when you join, when you remain active, or when you complete certain tasks. But as you might expect, there’s usually a catch.

The money is still there. It’s technically still free. But you may need to jump through a few hoops to get it.

Keep reading to learn more.

What are Free Money Casinos?

A free money casino is simply an online casino that gives you free money to use on its games. 

But we’re not talking about those annoying little mobile apps that work exclusively using fun-play chips, annoy you with incessant ads, and then promote in-app purchases.

They say that the greatest trick the Devil ever pulled was convincing the world he didn’t exist. In our opinion, his best work is convincing people to spend real money on fake coins that give them a chance of winning more fake money.

We’re actually talking about real money casinos that use free money offers to lure new players, incentivise active players, and reward dedicated players.

What are the Types of Free Money Casino Bonuses?

There are a few different free money casino bonuses available. They all promise you freebies, they all have terms and conditions, and you can find the best ones in this guide.

No Deposit Bonuses

Most casinos require you to make a deposit before you collect a welcome bonus or reload bonus. No deposit bonuses are the exception.

As the name suggests, these bonuses don’t require a deposit. However, the UK Gambling Commission has some pretty strict know-your-customer (KYC) rules, so you still need to jump through hoops.

You’ll be asked for your full name and address, after which the site will conduct a soft credit check. If they can’t confirm your identity, you’ll be asked for verifying documents, including a passport/driver’s license and a utility bill.

You must also add a valid debit card. No money will be taken, but it’s needed as part of the verification process.

Free Spins

Free spins are some of the most common promotions around. They are used as part of welcome bonuses, reload bonuses, and loyalty promotions and can be offered as a means to entice new players, reward existing ones, or convince everyone to try a new slot machine.

Free spins are often fixed to specific slot machines and can’t simply be used on all games. 

Free Casino Chips

Free casino chips are a specific type of promotion that lets you play casino games for free. They are typically fixed to virtual table games but may also be available for live casino games.

Free casino chips, also known as golden chips, are nowhere near as common as free spins.

Cashback Offers

Cashback promotions give you credits or cash as a percentage of your losses. Typically reserved for high spenders, these promotions usually award anywhere from 3% to 10%, but there are higher cashback bonuses available.

Free Money

Most of the freebies that you receive on online casinos are either credits or free plays. This allows casinos to maintain some control.

For instance, in the case of free spins, there’s no guarantee you’ll win anything, and what you do win will be subject to a wagering requirement.

But there are bonuses out there that actually offer free money. There are no wagering requirements and no other strict rules. Needless to say, these promotions are rare and they are usually reserved for big-budget players who have been active for a while.

Withdrawing Free Money

Casinos are in the business of making money. You can’t simply collect your cash, withdraw, and then never return. Not with most bonuses, anyway.

Let’s take a closer look at the terms and conditions that typically apply to these promotions.

Wagering Rules for Free Money Casinos

Whether it’s a deposit bonus or a no deposit bonus, it probably has a wagering requirement. These requirements apply to most casino offers. 

The wagering requirement dictates how many times you need to wager the total sum before it can be withdrawn. So, if it’s 10x and applies to free spin winnings, you must wager £100 if you walk away with winnings of £10. Failure to do so means you can’t withdraw that bonus cash and it will be invalidated.

Withdrawal Requirements for Free Money Casinos

You can only withdraw funds to your chosen payment method if it’s actually accepted by the casino. What’s more, all casinos have a minimum withdrawal amount and it’s usually between £5 and £20.

If you have £3 left after clearing the wagering requirement, you won’t be able to withdraw it if the casino’s minimum is £20. In such cases, you’ll need to spend it or deposit to add more.

Some sites will let you withdraw less than the minimum if you contact the customer support team in advance and make a request. Others will let you do it if you pay a withdrawal fee, but as this is often fixed, it may leave you with a minuscule amount.

Check the casino’s terms and conditions to learn more.

Play the Best Free Money Casinos

Ready to collect some free money at the best online casinos? Then start clicking! All of the casinos listed here offer free money bonuses, including some of the promotions highlighted above.

For more information, check out our reviews. Our expert reviewers have covered all of these sites in full, and you’ll find everything you need there.