The free spins bonus means exactly what it sounds like. You will get a certain number of rounds to play them on a specific set of slots without risking real money. The free spins quantity and terms and conditions vary from casino to casino. Sometimes, free spins can come with a cash bonus such as a welcome offer, new deposit offers or any additional cash bonus, but in general, casinos offer a set number of free spins that players can use to get real money winnings.
Finding a free spins bonus is an excellent way to try out any of the new casino games and boost your balance. But you need to make sure you read the fine details of the bonus. Savvy gamblers know that the real value of casino bonuses is not their size (which is often used to entice players to sign up or keep playing in the casino); rather, the real value of the free spins lies in the terms and conditions associated with them.
There are several types of free spin bonuses including no deposit bonuses, welcome bonuses, standalone promotions and loyalty programs, while free spins with no bet make up a relatively small part of the casino bonuses out there.
Why do online casinos offer free spins bonuses?
Whether it’s no deposit casino free spins or bonus credits, the point is this: There are many gambling websites out there vying for players. At the same time, it is always a bit annoying for a user to fill out a registration form. Still, you have to do that with most online providers before you can play for real money.
For online casinos to attract players, they wave a welcome bonus at you. In response, players rush in droves to play at the casino. However, these bonuses don’t represent any losses to the operators because each bonus comes linked to a set of terms and conditions that the casino applies. Furthermore, rewards, as a marketing strategy, have proven successful over the past two decades. Thus, investing in a player bonus is justified and pays off for the casino.
What is the difference between free spins and cash bonuses?
In general, cash bonuses are usually associated with making a deposit. The percentage of these rewards ranges from 50% to 200% and they are added to your balance as soon as the deposit is done. The maximum bonus amount ranges from $500 to $5000. You can use this bonus to bet on any game selected by the casino. Of course, all the cash bonuses offered by the casino come with a set of terms and conditions that you must follow to get real profits, most notably, the wagering requirements, the maximum withdrawable winnings, the available games and the time frame of the offer.
Bonuses for free spins usually come as an advertisement for a new game, which players can get notified of through email or SMS. Most of the time, the free spins offer ranges from 25 to 100 free spins. After activating this bonus, you can open any of the stipulated games and start betting on them. The value of the bet of free spins ranges from $1 to $5. If you win from the free spins, they will be tied to a wagering requirement of 25 to 45 times the original winnings.
Are free spins a good bonus to obtain?
The answer to this question depends on several important criteria, namely:
What is the price of the reward?
As you surely know, nothing is free today, even if something claims otherwise. All bonuses and promotions offered by gambling sites have a price. For example, if the free spins require you to make a deposit, the amount of the deposit will remain frozen until you meet the wagering requirements — so if the wagering requirements are high or unreasonable, it is better to ignore this bonus and keep your deposit free from hefty wagering requirements and use it as you wish. You should thus read the bonus terms and conditions carefully as you are looking for one thing: the “bonus price.”
The Number of Free Spins
Of course, if the offer includes 10 free spins or less, it will not be exciting or attractive to you. In order for the reward to be worth it, it should start from 25 free spins and above.
The Stake Amount
You should not overlook the bet amount allocated to a single spin. Ideally, the stake value of the free spin should be between $2 and $5. Note that this value will be divided on the paylines, so if the stake amount is less than the limits given, you will not be guaranteed high profits.
Just like the cash bonuses, the free spins come with a set of playthrough requirements that you have to fulfil within the given period.
Online casinos determine the games that you can bet on with the bonus, but sometimes the casinos leave it to the players to choose the right games. In any case, you should be able to use these bonuses to bet on your favorite games.
The Bonus Time Frame
The size of the free spins bonus should be proportional to its time frame. In other words, if the reward is large then the time frame should be long, while if the reward is of a moderate amount, then the time frame should reflect that.