Free Spins – Not All Have the Same Value
Online slots continue to soar in popularity, and with that comes the award of free spins as a common bonus given out by plenty of online casinos. We love free spins as much as the next player, but here’s the thing; not all free spins have the same value. In fact, finding the best offers and avoiding those with strict and sometimes hidden restrictions can be a daunting endeavour.
Below, we delve into the world of free spins and important things we think you ought to know.
Free Spins – An Overview
While you probably are familiar with free spins, did you know that there are plenty of different types out there? Typically, free spins are a bonus you get to spend on slot machines rather than risking your own cash. The most common free spins offers are for signing up or making a deposit at an online casino.
If you’re a UK player, you might see free spins offered as “bonus” or “extra” spins. This is all down to recent legislation changes, but it’s all the same thing.
Most free spins come with attached conditions that require you to do something to earn them. These are called wagering or playthrough requirements and we’ll discuss them in a bit.
Getting Your Free Spin
Many online casinos offer free spins just for signing up. All you have to do is register an account, verify your details and you’re awarded the spins, usually to play on a specific slot.
Another popular offer is to get free spins when making a deposit. These can sometimes be complicated deals, often divvied up over a number of deposits to spend on certain slots. Always make sure you read the terms and conditions to know what’s expected.
Occasionally, online casinos will offer players free spins to promote a new title, and these spins are usually available for a short period of time.
The Value of Free Spins
We mentioned earlier that not all free spins are created equal. In fact, the value is typically very low, usually matching the lowest bet on the slot. But some casinos think this is too low and start giving you more. Rather than increasing the number of spins you get; the casino gives you a free spin with a higher value. A popular option, more and more casinos are offering higher valued spins to get new players to sign up and spin the reels.
Higher value spins are often called mega spins, big spins or something similar. They give new players the opportunity to win bigger wins. What’s more, higher value spins give you a better chance of winning and that means the opportunity to play even more.
Just take note of wagering requirements. Bigger wins with wagering requirements often mean you need to wager more before you can withdraw your winnings. That also carries a bigger risk of losing a lot.
Free Spins Wagering Requirements
Wagering requirements mean you must wager your money a specified number of times before you can withdraw your winnings from your free spins. This applies to the winnings you make off your spins and can be anything from 25x to 50x. It can be more or even less, too.
Let’s use an example to explain it. Let’s say you get a no deposit offer of 20 free spins to play on NetEnt’s popular Starburst slot. So, you play your free spins and you win $10. The casino’s wagering requirement for the bonus is 25x. This means you must wager $250 before withdrawing your free spins winnings.
As with any games of chances, you’re likely to win and lose. But the wager still applies. If you’re really lucky, you could get even more winnings since you’re likely to bet more.
If you can, though, it’s always best to find the lowest wagering requirements or even none at all.
Free Spins with No Wagering Requirements
So, we’ve covered wagering requirements for free spins bonuses, but no wager free spins can be rather handy. With this kind of bonus, you get to play for free with your free spins and instantly withdraw your winnings. It’s always a great way to start off at a new online casino. You get to play for free, play with big bets and keep anything you win – no strings attached.
This type of bonus is rather elusive. Most online casinos prefer to attach wagering requirements to their bonuses. But if you do come across free spins with no wagering requirements, grab them and have some fun!
Where to Find the Best Free Spins Bonuses
You don’t need to spend hours looking for free spins at online casinos. The team at Minimum Deposit Casinos has done that for you.
Find the best free spins offers around, complete with wagering and condition details.