Yes! there will almost always be a maximum win cap amount on a no deposit bonus or free chip. A ‘win cap’ is the maximum amount of winnings you can withdraw when using a no deposit bonus. For example, if the free chip is worth $10 and the win cap is set to $100 and wagering is 20x the free chip amount and you complete the wagering with a casino balance of $1200, you must withdraw $100 only. You must then contact casino support to remove the rest of the balance.
Yes! absolutely. Providing you follow the terms and conditions to the letter. It is true that casinos would rather not pay out winnings from a free chip or no deposit bonus. However, if you follow the instructions to claiming the bonus and complete the wagering requirements fully and never try to withdraw over the max limit cap set but the casino, you will get your winnings.