Chipy’s Guide to Free Chip Bonuses
The free chip is the bonus type that online casino players prefer when they wish to make small deposits.
Why is that?
The free chip is one of the most popular bonus types among players, as it gives them a chance to try out many different online casinos, free of charge, under the real money credits that are handed out.
How Do Free Chip Bonuses Work?
Free chip bonuses are one of the most straightforward and appealing casino offers, especially for players who want to test the waters without committing any of their own funds. Here’s how they work:
When a casino offers a free chip bonus, they provide you with a fixed amount of money to use on specific games or across the platform.
For instance, you might receive a $10 free chip, allowing you to play games like slots, blackjack, or roulette.
The catch? You’ll often need to meet certain wagering requirements before withdrawing any winnings made from the bonus.
For example
If you receive a $20 free chip with a 30x wagering requirement, you’ll need to wager $600 ($20 x 30) before your winnings become eligible for withdrawal. These bonuses are usually tied to specific games, so it’s important to read the terms and conditions to understand where you can use them. Use our dedicated wagering requirements calculator to get the numbers easier.
Pro Tip:
Use free chips to explore games with higher Return to Player (RTP) percentages or lower volatility to extend your gameplay and increase your chances of meeting the requirements.
Claiming a Free Chip Bonus
Like any other bonus promotions, free chips come with their own rules. In order to claim a free chip, you will have to sign up to an online casino and create a player account. Players are usually offered a fixed amount of free chips, which is most of the time larger than other free casino bonus types. In general, the amount ranges between 500 to 1000 dollars.
However, the amount of time in which you can use up your free chips is limited. Keep in mind to always check the guidelines for each online casino you want to register at and be updated with their offers and promotions. Last but not least, don’t forget to read the terms and conditions section of each offer you’re interested in.
Down below, we have listed some of the most important rules that you need to follow in order to claim a free chip bonus:
Usually, the wagering requirement is a very important step, but when it comes to free chips it doesn’t have a big impact on the claiming process of the bonus. Why is that? The reason for this is because players are using the casinos’ money, so it doesn’t really matter if the wagering requirement is too high. Clearly, the lower the wager is the higher the chances to make a withdrawal are. This means it’s always a good thing if you come across free chips with a low wagering requirement. However, our advice is that you should pay attention to the wagering requirements, no matter the bonus type.
This is a very important step, which you should always pay attention to. In general, no deposit bonuses are available only for a limited selection of games. So you should avoid games that are not available for this type of bonuses, because the casino can void your winnings for breaching the bonus terms.
This is probably the most important rule when it comes to free chips, simply because this represents the maximum amount of real money you can withdraw from the bonus offer. The higher the limit is the more money you are able to withdraw. It doesn’t happen too often that a no deposit promotion has no maximum cash out limit. However, these offers are real and it’s obvious why so many players are always looking for them.
So we finally reached a step that players are not very fond of. Once players make a withdrawal, the initially rewarded bonus money is lost from their account. So if they claimed a $50 bonus and made a $100 withdrawal they will only receive $50 in real money.
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