Free Spin Bonuses
With literally thousands of online casinos operating all
over the world, the online casino industry has become one of
the most competitive industries operating on the Internet.
With tens of billions of dollar on the line every year, each
casino is looking for some type of advantage or way to
convince players to come join its site. They usually
accomplish this with welcome bonus offerings and ongoing
bonus promotions.
Types of Bonuses
Generally, every online casino offers its version of a
welcome aboard bonus based on the player’s first deposits or
series of deposits. While most of these bonuses carry some
kind of a matching bonus in cash to be used throughout the
casino, some slot centric sites like to boost its offers by
throwing in some free spins on video slots. Notably, free
spin bonuses tend to be directed towards a designated game,
which has a low “return to player” percentage or is being
used to promote a new or popular game.
For established players, a larger group of online casinos
will use free spins as a way to reward loyal players or to
keep existing players coming back for more. It’s quite
common to see online casinos using a specific day of the
week or month as it free spins giveaway day. The slot
business is heavy and players seem to appreciate the
opportunity to get a little something going for free.
More About Free Spin Bonuses
Each and every free spin bonuses has something about it that
is unique, whether it be how the free spins are to be
allocated, what games they are directed towards, how many
free spins are in the offering or the specific terms and
conditions. If players want more information about online
casinos and the respective current offerings, they can
always visit an online gambling website.
The number of free spins awarded usually ranges between 10,
up to as high a 200 with some of the more competitive online
casinos. They might be allocated over several days or as one
lump sum. Regardless of how they are given and used, it’s
the terms and conditions that will typically determine just
how good an offer in going to be in the long run.
Terms and Conditions
There are two ways an online casino can affect the actual
value of a free spins bonus. First, they can restrict the
amount of money that can be won. For instance, it’s quite
possible a player will hit a meaty jackpot, even a
progressive jackpot, but won’t get the opportunity to enjoy
the full amount because the terms and conditions limit the
amount that can be earned to say $200.
The other way they make it difficult for players to turn
winnings into real cash for withdraw is through the use of a
rollover requirement. If a player wins $200 with a rollover
requirement of 40x (industry norm), they would have to wager
$8,000 throughout the casino before any leftover winnings
become eligible to be withdrawn or deposited into the
player’s real cash account.
Setting aside restrictions and rollover requirements, a free
spin is a free spin. The opportunity to win money risk-free
should never be ignored.
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