Insider Gaming
Menu
·

7 minutes read

The Money Factory No Deposit Bonus

The Money Factory is promising a lot with its brand name, but does it deliver on that promise?

Well, let’s not forget that this destination is a Social Gaming Platform, so it doesn’t really involve any real money action.

You can redeem cash prizes if you meet the necessary redemption rules.

As soon as you join the platform, you get The Money Factory no deposit bonus for new players.

It grants you 15,000 GCs and 3 free SCs for a perfect start to your new adventure.

Free BonusHow To Claim
15,000 GC + 3 FREE SCSign up and verify your new account.
30,000K GC + 30 FREE SCMake a first purchase of $9.99.

However, the brand being still new and the name a bit misleading has made us prefer playing on other Social Casinos.

Would you like to learn more about the no-purchase promotion and the other free coin offers here?

If so, this page is the best page for getting all the details!

Since we’re not confident that you should play here, we will tell you why Spree is the perfect alternative to The Money Factory.

For starters, let us reveal that Spree gives you 1 MILLION Gold Coins, ensuring hours of quality gameplay right after registration!

Is It Only for New Players?

Yes, new player bonuses, like The Money Factory no deposit offer, are given to new members upon signing up.

Considering the operator requires ID verification, it’s not possible to have multiple accounts.

We’ve noticed a long list of ongoing promotions on the social gaming platform, so you won’t even need multiple accounts.

If you don’t like those deals, you can always try another Sweepstakes Casino with a no-deposit bonus.

Can You Cash Out Real Prizes?

Yes, The Money Factory is a standard social gaming platform that allows you to redeem cash prizes.

You must meet the redemption requirements and pass identity checks first, though.

These requirements include clearing free SCs through gameplay and collecting at least 100 of them.

By contrast, our preferred alternative, Spree Casino, has minimum redemption requests of 75 SCs for a cash prize and only 10 SCs for a gift card.

It’s much easier to collect and clear 10 SCs than 100 of them, trust us!

Where Can I Sign Up?

We must admit that The Money Factory has a bit longer list of excluded territories.

Players from most US states are welcome to join, aside from those residing in:

  • Idaho
  • Louisiana
  • Michigan
  • Montana
  • Nevada
  • Washington

Like many other social gaming platforms, The Money Factory requires that you’re of legal age, whatever that age is in your state of residence. However, the general minimum allowed age is 18 or older.

Does It Include Free Spins?

No, because free spins aren’t a common type of bonus among Sweepstakes Casinos.

Instead, the operator gives you 15,000 GCs and 3 free SCs, which you can use on social slots at your own pace.

Most social slot games on The Money Factory have minimum playing amounts of 0.20 SCs.

So, you can spin their reels about 15 times with the 3 free SCs.

How to Redeem the Bonus Code

Getting your The Money Factory no deposit bonus doesn’t involve bonus codes.

Instead, you need to follow these simple steps:

  1. Visit The Money Factory’s website.
  2. Start the registration process and complete it.
  3. Verify your account details.
  4. Get your 15,000 GCs and 3 free SCs.
  5. Explore the lobby and try the games that catch your eye!

Tips on Completing the Requirements

When it comes to completing all the requirements leading to a desired cash prize, The Money Factory is an average platform.

In our experience, its rules are in line with what most other Sweepstakes Casinos are demanding.

  • Free SCs must be played 1x-10x (as the operator decides) before you can redeem them for a prize.
  • Every cleared SC has a value of $1.
  • You must complete KYC verification before your redemption request goes through.
  • The daily and monthly max prize redemption amounts are $10,000 and $100,000, respectively.
  • You can’t redeem a prize under $100 or 100 SCs.

Overall, we would love to see more redemption methods and a lower minimum prize redemption amount.

That’s why we consider Spree to be the better option, with its minimum redemption amount of 10 or 75 SCs.

Gold Coins Vs. Sweeps Coins

The Money Factory follows the established way of work and implements Gold Coins and Sweeps Coins as the main currencies.

You can use the Gold Coins to test the games and have free entertainment. If you run out of GCs, you can purchase them through the coin store.

The Sweeps Coins lead to cash prizes and come in smaller numbers. You can’t purchase those, and you must play through any free SCs before they become redeemable.

Once you meet prize redemption requirements, you can initiate a redemption via Skrill or a bank transfer.

The Money Factory pays prizes in about 48 hours, which is similar to what our preferred alternative offers.

Why Do Players Like The Money Factory?

The Money Factory is one of the best-rated social gaming platforms on Trustpilot, with an average score of 4.7 stars.

When we first tested the site, 94% of the reviews were 5-star ones and that percentage has already gone down to 88%. We’re not saying the figure is bad, but it’s decreasing.

Moreover, many of the top reviews are from accounts with one or two ratings left, which is always suspicious.

Either way, players are giving praise to the customer care team, calling it professional and dedicated.

Those who complain mention not being able to redeem a prize and not liking the games.

My The Money Factory No Deposit Bonus Approach

Choosing one or two top picks on The Money Factory is hard.

The social platform offers many slot games, live dealer games, and instant wins, all of which offer solid payout rates and exciting features.

Alladin’s Treasures Megaways is one good pick because it has a high winning potential, thanks to the Megaways mechanic.

Screenshot of Chaos Crew 2 slot

Chaos Crew 2 is another good game with an RTP of 96.27%. However, it has a high volatility, so the prizes won’t come too often.

Other Ways to Claim Free SCs on The Money Factory

Besides the The Money Factory new player bonus, you’ll have various ways to keep your coin balance alive and kicking.

We’re listing all the methods at your disposal for claiming free GCs and free SCs.

  • You’ll receive free SCs when purchasing Gold Coin packages.
  • You will get 3 free SCs for a mail-in request.
  • Log in daily to claim a 1 free SC daily reload bonus.
  • Enter giveaways and promos through The Money Factory’s social media pages.
  • Follow the four social media profiles to get up to 4 free SCs.
  • Refer friends to receive free coins.

We must say that The Money Factory is a relatively new brand, and it does need to improve its transparency.

Until that happens, we still prefer playing on established platforms like Spree Casino, where you will get 1 MILLION GCs and 2.5 FREE SCs.

FAQ

  1. Is the The Money Factory bonus for existing players?

No, The Money Factory no deposit bonus of 15K GCs and 3 Free SCs is for new players only. Existing players can participate in daily login bonuses, referral bonuses, and promotions.

  1. Can I win real money?

You can’t win real money, but you can redeem real cash prizes from The Money Factory. Don’t forget that you can redeem only Sweeps Coins for a prize and only after you collect 100 redeemable coins.

  1. Can I get free coins in Nevada?

No, you can’t join The Money Factory and claim its no deposit bonus from Nevada. Nevada is among the restricted states, along with several other states, such as Washington and Montana.