A Casino will provide free spins as a type of promotion to provide an added bonus for simply being a member of the casino. A bonus of this kind can be rewarded for many reasons including a welcome package when you create an account, when you make a deposit, reach a certain amount of VIP or loyalty points, when new games are launched, and much more. This style of free spins are not to be confused with those won within a particular game. Any winnings are paid to you in either bonus cash or real cash, and this depends on the casino and whether or not they have wager requirements for their free spin bonuses.
Not all casinos provide free spins as other prefer offering players a bigger welcome bonus, which also has its advantages and disadvantages when it’s compared to a free spin bonus. In this article, we will compare the options, see what types of free spins are available, and why you should accept the bonus. We will also go into detail about the wagering requirements for these bonuses with casinos that have these as part of their terms and conditions.
What are Free Spins?
When you join some casinos, they will provide a promotion that includes free spins as a no deposit bonus or as part of the match bonus. These free -spins can then be used to play games at the casino without affecting your cash balance. This means you get to play for free but still win free cash with the combinations you complete. Some casinos will limit you to play only a particular game while others will let you take advantage of the entire game selection. Microgaming and NetEnt casinos are famous for their free spin bonuses, which usually allow you to take advantage of the full game selection they feature.
Many of you would know that some casinos also offer free cash as a no deposit bonus, and this can be used to help generate additional free money with the winnings that are received from those spins. Free-spins work exactly the same way, but instead of having casino credits applied to your account to play games, the free-spins provide the ability to spin the reels free of charge. It gives you the opportunity to enjoy the same combinations and wins as you would experience in playing with casino credits.
Different Types of Free Spins
As mentioned above, free spins can hit your account for various reasons. Some of these have additional requirements that need to be reached before you can withdraw while others will provide the rewards as cash to your account.
No Deposit Free Spins
No deposit free-spins are somewhat self-explanatory as they are granted to your account without making a deposit. These are usually the first type of free spins you receive from casinos that provide these advantages, which just requires you to register an account. Most casinos will offer around 5 to 50 free spins as a no deposit bonus that can be used to play the games set out for the promotion. These bonuses will most likely not allow you to play all their games but instead introduce you to one of the latest or most popular games they feature.
Wagering requirements are definitely attached to these free spins as the casino carries all the risk. This means you will still be able to win real cash, but the winnings need to be played on other slots a certain amount of times before a withdrawal will be possible. Some casinos will also limit your winnings on the initial free spins and require a deposit before the withdrawal will be approved.
Match Bonus Free Spins
Match bonus free spins are added to your account along with a match bonus when you make a deposit. A number of free spins usually includes a much larger amount and can range up to a 200 free spins bonus with some casinos. These free-spins are often found being spread out over a few days. For example, you will receive 20 free spins per day on certain games or 20 free spins per day on any games you desire. This is once again dependant on each casino and what they require.
The winnings generated from these free spins can be awarded in 2 ways. The first is to your cash account, which means it can be withdrawn at any time and players can enjoy any other games with the cash they’ve won. The other method is to add the funds to your bonus account, meaning the cash you’ve win will have terms and conditions attached, which includes wagering. As with no deposit free spins, the casino could also limit your rewards with withdrawing limits for these free spin winnings, which will all be explained within the bonus terms and conditions of the casino.
Loyalty/VIP and New Game Free Spins
Casinos can also offer additional free spins bonuses to their VIP players for many different reasons. This includes exclusive match bonuses with free spins, free spins on new game releases, so they get to try it out first, and much more. Most of the time these free spins also do not have any wager requirements and can be withdrawn the moment you’ve won.
These types of free spins are only available with some casinos and provide a range of extraordinary winnings opportunities. Some casinos offer VIP programs but choose to reward their players with free cash or better match bonuses. To find a casino that offers free spins in their VIP program, it’s important to have a look at the different levels they features and the advantages it comes with.
Why you Should Accept Free Spins
Those of us who have played at casinos both online and land-based know that feeling of not having enough cash to hit that bonus or activate the free-spins with a higher bet value. Online casinos have come up with ways to provide you with more cash for free, which includes free spins. This means you might only deposit $50, but the bonus spins could add a lot more cash to your account, especially with casinos that provide high volumes of free spins.
Free spins also provide you a rare opportunity to check out the latest games offered by the casino without making a huge dent in your casino cash. Those casinos that don’t limit their free spins to only a few games are a great example as you can play any games at the casino and find your favorites to go play with your account funds and hit big winnings.
Being a VIP player is also a great advantage as the casino will provide you with the opportunity to play the latest games first with free-spins. This means you don’t only get to try out the new game for free, but you can also generate some impressive winnings values from the game.
Free Spin Wager Requirements
As mentioned above, some free-spin bonuses could include wager requirements as part of their terms and conditions. To find out if a casino has these, be sure to check out their bonus terms and conditions, which will have a section for free spins. This information will either tell you that there are no requirements or include a multiplier value for the winnings you achieve. This is also where you will find winning limits and everything else you need to know about the free spins they offer.
If the casino has wager requirements on free spins, you will need to multiplier value, which ranges from 20x to 50x or higher. For example, we will assume the casino has wager requirements of 30x. The total wager value can only be determined once you’ve generated payouts for the free spins, meaning you’ve played all the free-spins and have won $100 for example.
The casino will then take your winning amount of $100 and multiply it by 30 to provide wager requirements of $3,000. This is the amount that you need to bet in total in order to get the wager requirements removed and the funds available to withdraw.
The terms and conditions will also inform you about the contribution percentages for each game type. For example, slots will contribute 100% of the bet value to wagering, table games will provide 10% and so on. This means if you play slots with a bet of $5.00 per spin, it will deduct the same amount from the $3,000 wager requirements.
I’m sure many of you are wondering how you would wager $3,000 of you only won $100. Well, an important thing to remember is that those $5 spins will also produce winnings and could generate and amazing prizes. Many of you would know a $5 bet could easily achieve $1,000 or more in rewards with a single spin, and that’s without activating bonus features. A great bonus is that you will get to keep the winnings generated once the wager requirements have been achieved.