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The Payout Value Although it may seem logical, it is not until you check the Bonus Terms & Conditions that you realize that the no-deposit bonus can only generate so much. The payout on the no-deposit Free Spins, for example, is limited to around $100 (sometimes even less, but the amount is arbitrary), while the funded Free Spins can generate up to $500 - $1,000. Theoretically, you could win more, but the casino will only allow you to withdraw the pre-determined amount. The catch, however, is that the wagering requirements are handled much differently as compared to the deposit bonus. In this case, one can only wager their free spins winnings and not their free spins per se. Such is not an easy process; the wagering requirements make most of the free spins lose some flair as you don’t get to rake in any real cash. Nonetheless, you should check out casinos offering free spins with zero wagering requirements. For example, it may be that a casino places in the bonus terms and conditions a rule that the player must wager the winnings from his free spins 35 times before they can be withdrawn. So if the player won £10, he would need to bet a total of £350 in order to cash out his winnings. Note that it doesn’t matter if the player wins more while trying to complete the wagering requirement, as any extra winnings are not added to the amount which must be bet.