Online casinos offer free spins as a kind of bonus or predetermined virtual reward to welcome newcomers and encourage them to engage in online gambling upon signing up. Also, they are used to encourage existing players to participate in ongoing tournaments. Whereas old or experienced players at online casinos already know what free spins mean and how free spins work, this article is for the newbies to the online gambling world.
Additionally, any casual, academic, or professional researcher would find this informative while learning about some technical terms associated with online casinos. So, in more simplified terms, what are free spins bonuses?
Meaning of Free Spins Bonuses
Usually, players play a free spin with the smallest coin value and the highest pay lines. But when you get a chance to spin the reels without paying for doing that, you have gotten a free spin bonus. So, while playing a video slot for the first time of your visit to an online casino, with free spins bonuses (welcome bonus), you can click on the spin and be sure that the casino will not deduct money from your casino account in that occasion. You are not alone if you like how this sounds. Everyone loves freebies!
Another way to present the meaning of free spins bonuses is that they provide you with the opportunity to gamble for free on online casino games. When you hit the play button, the game utilizes your free spins (instead of your money) to put a wager on a casino slot. The best thing about this is that you will still be rewarded in real money if you win while playing with free spins. Moreover, there might even be a free bonus round in which you get to have a set number of free spins based on the bonus you received.
How Do Free Spins Bonuses Work?
The use of free spins bonuses is a risk-free way to try out a slot machine or a casino. But winning during one of these free spins is subject to wagering requirements. And because the only way to win more is to spin more, the casino will ultimately allow you to withdraw your winnings. However, there are usually some terms and conditions attached to withdrawing your winnings. So, it is helpful to know these terms and conditions in advance, as they define how free spins work in different settings.
Furthermore, there are different terms and conditions for different types of free spins bonuses on offer at online casinos. Terms and conditions associated with free spins bonuses could state that:
- Free spins bonuses are available for use only in selected slots (also known as participating or qualifying games).
- The maximum amount of bets that players can place with free spins bonuses cannot exceed the one preset by the management.
- There is a preset wagering requirement that must be satisfied.
- Any remaining free spins bonuses will expire at the end of the period of the promotion or tournament.
Now, this is an example of how free spins work: if you used your free spins bonuses to win €20 and the casino requires you to wager it x30, the amount you are to wager in that particular slot machine before you can cash out actual money is €600 (which is, €20 x 30).
In another example, assume that an online casino preset that a free spins bonus has x25 wagering requirements, and you happen to receive 30 free spins, with each spin costing €0.10. The situation implies that the total bonus amount is 30 multiplied by €0.10, which gives €3. Hence, to satisfy the wagering requirement (x25), if you used all your free spins during the game to win €6, you need to bet a total of €150 (that is, €6 x 25) before you will be allowed to cash out.
So, the free spins wagering requirement specifies the number of times you must wager through the bonus before you can convert it to real money. Also, note that games such as roulette or blackjack could contribute only 10% or 20% of every bet placed, while slots commonly contribute 100% towards wagering requirements.
Types of Free Spins Bonuses
There are different types of free spins bonuses that you might find on an online casino. We will now briefly discuss the common types.
- Newcomer free spins bonuses: We would be right to guess that you already know what this means. A new participant in any activity is a newcomer. So, newcomer free spins bonuses, when available, are offered to players who have recently registered or signed up at an online casino. But because some unserious players do sign up at an online casino and claim the free spins bonuses but leave without committing to the online casino, it is usual to find online casinos that do not offer any deposit free spins (for newcomers). In other words, newcomers often have to deposit real money in an ongoing promotion before they can get free spins bonuses. Nevertheless, some online casinos have no deposit free spins bonuses, and they are often redeemable only once.
- Promotional free spins bonuses: Just like we already mentioned, this type of free spins bonus is different from the newcomer type. Promotional free spins bonuses are generally provided by the casino, either through a bonus code or simply by entering your account and playing the promoted slot during the tournament or promotional campaign, which might last a few days or a month. Both options provide you with a specified number of free spins without having to pay for the bet.
- No wager free spins bonuses: You should be able to figure out what this means already. It refers to free spins bonuses that do not have any wagering requirement. This type is seldom found at online casinos because it is relatively new and more futuristic in its application. In a word, this type is the future of bonuses at online casinos.
How to Get Free Spins Bonuses
Having learnt the different types of free spins bonuses that an online casino can offer you, it is time to know how to get free spins bonuses. There are two common ways to get free spins bonuses: by signing up as a newcomer at an online casino or/and by participating in promotional tournaments that offer them. We want to assume that you already know what these methods mean.
At this juncture, if you have not tried to play a slot game at an online casino before but would like to try it today and experience an adrenaline rush from receiving free spins bonuses, feel free to go ahead! Sign up at any of our highly recommended best online casinos. Their varieties of bonuses, promotional tournaments, and VIP services will allow you to get free spins and make real money from playing some of the world’s best real-money slot machines from top iGaming software providers, including the likes of Playson, Booongo, Microgaming, and Betsoft. The fact that our online casinos support payments via NETELLER, ecoPayz, and Skrill is the icing on the cake. Who is unaware that the trio always makes any correct listing of the best Electronic Money Institution (EMIs) today?
Now how would you describe a world of online casino gambling without free spins? Let us guess your responses: weird, boring, discouraging, frustrating, unprofitable, et cetera. We sure agree with whatever your reply to that question was. No doubt, free spins bonuses motivate newbies to learn how to play slots and encourage experienced players to play more. Moreover, if good luck is on your side, you may use your free spins bonuses to play and win some real money. Although free spins bonuses usually come with terms and conditions that provide some limitations to their use, they remain among the best bonuses for new and old slot players.