The Best Online Casinos Offering a Free $50 Chip In 2023

Wagering requirements are bonus terms regarding the number of times you have to wager your bonus amount or bonus + deposit amount before requesting a payout. They are available as multiplier values in bonus T&Cs sections.

For example, a 50 free chip bonus may be subject to a 30x wagering requirement. If you claim it, you have to wager $1500 before requesting a payout. Online casinos void the bonus winnings of players who break this rule and attempt to withdraw without first meeting the wagering requirements.

Let us now take the example of Big Dollar Casino. You can claim a $55 free chip bonus subject to a 60x wagering requirement at Big Dollar Casino. You have to wager your free chip sixty times or a total of $3300 before making a withdrawal.

Our experts advise you to check out the wagering requirements before you collect 50 free chips. Avoid free $50 chip bonuses with high wagering requirements because they are not easy to clear.

Win caps help online casinos to maximize their free 50 chip bonus profits by restricting the amount you can withdraw as bonus winnings. Win caps vary from $10 to $200.

For example, the 50 free spins no deposit bonus at Punt Casino is subject to a win cap of $100. Even if you win $200 while using your free spins, you cannot withdraw more than $100. Punt Casino removes the rest of your winnings from your account.

Bet limits prevent you from using your bonus to make large bets and win big prizes. Online casinos subject 50 free chip bonuses to bet limits because they do not want players to use their bonus money to win big. Usually, you cannot bet more than $5 per spin or round while using 50 free chip bonuses.

You cannot use your 50 free chip bonus on any game of your choice. Instead, you have to use it only on games specified by the online casino. Our experts recommend checking the bonus terms to ascertain that the bonus offer does not exclude your favorite games. Usually, online casinos exclude high volatility and high RTP games from their 50 free chip bonus offers because they give players better chances of winning prizes.

Understanding game weighting percentages helps you clear 50 free chip no deposit bonuses faster.

Wagering on all games does not contribute 100% towards clearing the bonus. Bets placed on slots contribute 100% at most casinos, but bets placed on table games and poker contribute only 10%. For example, if you bet $10 on slots, $10 counts towards satisfying the wagering requirements. But if you bet $10 on table games, only $1 contributes towards satisfying the wagering requirements.

You will clear the bonus slower if you play only table games and faster if you play only slots.

Check the bonus terms for expiry dates to ascertain that you have enough time to satisfy the wagering requirements. $50 free chip bonuses can expire anywhere from 2 – 14 days. Expiry dates are important because you have to clear the bonus before it expires. If you cannot do so, you will lose your bonus winnings.