Online casinos have become big business in recent years. During the COVID-19 pandemic, they became increasingly popular, with people being confined to their homes and looking for new forms of entertainment.
As such, online gambling portals are always looking for new ways to set themselves apart from the competition, whether this is through the development of sophisticated technological elements or enticing introductory offers to lure in new customers.
With so many promotional offers from thousands of online casinos, it’s really difficult to choose the best casino, much less the most advantageous bonus. Loads of casinos advertise free spins no deposit bonuses to entice potential players to sign up and play. But are they worth it? Or are they too good to be true? We’re here to find out…
What Are Free Spins?
First things first. Let’s explain the basics. For those new to the world of online gambling, a free spin is basically a reward that allows players to have a go at the slots without risking any money. Sure, it might sound too good to be true, but online casinos are finding this is a great way to attract customers.
It is important to note that free spins come with specific terms and conditions attached. So it is best to read through these, so you know how everything works and what strings are attached when it comes to withdrawing any of your winnings.
Now let’s move on to look at some of the major benefits of taking advantage of free spin offers.
The Chance To Win Real Money
The most obvious benefit when considering free spins is that new players can potentially win real money without risking anything. This is one of the main motivations for utilizing promotional offers at online casinos.
Try Before You Buy
Leading on from that, another great reason for taking up a free spin offer is that it allows you to try out different slots and different online casino portals without making any financial commitments. This is great if you are new to online gambling and want to explore what is out there to find a game you enjoy playing.
Loads of Choice
Because the online gambling industry is a saturated market, you are king (or queen!) as the customer. This means online casinos will do their best to win you over with their free spin offers. Each casino is on a constant mission to set itself apart from the competition by offering lucrative welcome packages. Therefore as a potential customer, you’ll have loads of choices and no limit to how many offers you can take advantage of to find the right casino for you.
It is clear there are certainly some great reasons to take advantage of the numerous free spin offers out there. However, new gamers should be aware that there are also a few drawbacks worth noting before you jump in and claim an offer. Here are some of the things you should be mindful of:
Naturally, online casinos can’t afford to throw money away, and they often impose limits on how much a person can win using the free spin bonus. This means that if you are lucky enough to win an amount that exceeds the maximum payout stipulated in their terms and conditions, the exceeding amount will be voided.
Wagering requirements are often the most frustrating part of a free spin bonus. These prevent players from just withdrawing their winnings straight away. Often, wagering requirements will require you to place more bets using those winnings until you reach a target, allowing you to free any winnings left. Not all casinos necessarily have strict wagering requirements. However, it is still wise to check what is involved before signing up.
Depending on the online casino you are using, some will only let you use your free spins on a handful of slots that they want to promote. If these aren’t the games you like to play, the free spins won’t be of much use to you.
It is also worth noting that free spins often have pre-adjusted betting stakes attached to prevent people who haven’t invested money on the portal from making massive wins.
In short, with the number of online casinos on the rise, it is clear that these portals are constantly looking for ways to stand out from the crowd and attract new customers.
Whether you are new to online gambling or consider yourself an old hand, free spins are a great way to try out the slots and get a feel for a particular online casino. In most cases, free spin offers are beneficial for both the player and the house. You get to have fun and potentially win some money, and the casino has the chance to attract a new customer. From the players perspective, there is not much to lose when it comes to using these introductory offers as they shouldn’t require a deposit.
With that being said, however, some of the limits and requirements stipulated in the casino’s terms and conditions can potentially make the gaming experience somewhat frustrating. This is why it is always best to read the small print before signing up. That way, you’ll know exactly what you are in for and won’t face disappointment further down the line.