Online casinos are very popular in today’s gambling scene. From the insanely cool graphics to the familiar sounding slot games, they have really found a way to keep players interested. Try playing an online slot game like the Game of Thrones Microgaming slot and see just what we mean. However, most casinos know that to get both new players and old ones to stay requires incentive, which is why they introduced free spins. The name is exactly what it suggests, the casinos give you a certain amount of free money to play different games and enjoy the experience. This is is quite the deal and is definitely worth looking into.
What Exactly are Free Spins?
Most Online casinos offer their players all sorts of promotions. Some have really good bonuses while others may have few or none at all. The most popular bonus they use to get new players interested are the Free Spins. It may sound crazy and unbelievable to hear that you are being given Free money by people you do not know to bet, but be assured that it is perfectly safe, with no strings attached. Once you’ve signed up to a casino, you get money that you can only use to bet in the slots and games provided, hence why they call them free spins. Due to the stiff competition in online gambling, casinos try to outdo each other with high-value free spins bonuses, so players are encouraged to keep at it.
People tend to gravitate towards offers they feel are beneficial to them and free things in general. This is another main reason why casinos set up promotions and bonuses such as the free spins. They understand that this is human nature and a large number of happy players is good for the casino in the long run. This particular casino bonus is useful because you as a player get to explore more games and slots, without having to put up your own money. With free spins, you get to test the games that you like and find one that suits you best.
How Do Free Spins Work?
There isn’t a single person who would pass up an opportunity to try casinos that have Free Spins. If you don’t have an idea how it works, don’t worry, we’ll explain it to you. As soon as a player joins an online casino, they are credited with a certain amount of money in form of casino chips. Some give you the bonus immediately, while others hand it to you after you have deposited a minimum amount of money into the account. You can use this money to get Free Spins and try to turn it into profit. Every casino has its own rules and instructions about this so be sure to read the terms and conditions of these bonuses. Most of the time, you are given about a day or two to make profits before the bonus expires.
Wagering Requirements On Casino Bonuses
While it is true that every new player is allocated a number of Free Spins, there are obviously certain regulations put in place to control this process. Casinos simply can’t just give away money for free without some rules, otherwise, how would they even be in business, right? This situation is solved by introducing wager requirements for the bonuses. This means that there is a certain fixed number of times that you need to bet the deposit that you have been awarded for the Free Spins before the money is withdrawable. Most casinos put it at around a 30 or 35 multiplier. Thus, of the bonus deposit is 100$, and the wager requirement is set at x35, then your final withdrawable amount is $3,500, if you are able to win through all those rounds.
Are Free Spins a Good Idea?
The casino bonus of Free Spins has its advantages and its disadvantages if you look at it objectively. The ups to it is the opportunity to discover different types of online slots and gather as much experience as you can, and also possibly stand a chance to win a big amount of money for free, after the wager requirements are completed. This very point is a double edged sword though because it is very hard to constantly win through about 30 rounds before you can cash out. In conclusion, casinos have a good thing going with free spins and we look forward to seeing even better bonuses in the near future.