The Future of $/€1 Deposit Casinos
Aside from its effect on people’s health and lives around the world, the global pandemic has had an enormous financial impact worldwide. As we move through the containment and recovery phases, short term impact can already be seen, but it is difficult to predict what the new normal will look like afterwards. In times of financial uncertainty, people need avenues of entertainment to help keep stress at bay, but these need to be affordable. For online casino players, high minimum deposits may become a barrier to good online casinos. For this reason, we predict that $/€1 minimum deposit casinos and casinos that have no minimum deposit at all will become the new normal in the online casino world.
Inflation and the No Minimum Deposit Casino
Basically, inflation is the increase in prices due to a decrease in the value of your currency. In layman’s terms, each euro or dollar you spend will buy you slightly less than before if inflation rates go up. If your income does not keep up with the inflation rate (including adjustments for tax), then you end up with less buying power than you had before.
How does this impact casinos with no minimum deposit? Well, the bottom line is that casinos provide entertainment and the hope of winning life-changing sums of money. If the entry-level minimum deposit becomes out of reach due to inflation, then players will look for casinos that accept smaller deposits. In time, as more casinos start embracing the “no minimum deposit” approach, we can see how players may start avoiding casinos that only accept deposits of $/€50 or even $/€20. This kind of financial rigidity in the online casino industry will slowly fade as players move towards casino sites that offer them more financial flexibility.
Bonuses that will be available at 1$/€ Deposit Casinos
As no-deposit casinos become more popular, and the competition in this category becomes stronger, players should start seeing a wider range of bonus offers available for lower deposits. Here are some of the deposit bonuses we think that more casinos will start to offer in the future, as well as some options that are already available.
Deposit 5 and get 25
According to search engine analytical data, “deposit 5 get 25” has been a popular search term for some time. Although players are interested in this kind of offer, they are not as common as the general 100% deposit match offer type that is currently widely available at online casinos. You can find them if you look, though. If you make a first deposit of $/€5 at Captain Cooks casino, for example, you can get a $/€25 bonus to spend on progressive jackpots. Each jackpot spin can turn you into an instant millionaire, and your $/€25 bonus can get you 100 free spins worth $/€0.25 each.
As players start demanding more value for their money, we think that more casinos will follow Captain Cooks example. There may be some variations in the theme, though, where $/€5 could get you either $/€25 in bonus funds or 25 high-value free spins. We look forward to seeing what deals the casinos will offer!
Deposit $/€1, get 80 Free Spins
Low deposit casinos are all about getting as much as you can for as little as possible. There are already offers available where you can deposit $/€1 and you will get 80 free spins on progressive jackpots. We can think of few things as attractive to casino payers as the possibility of becoming a millionaire with an investment of just $/€1! At the moment, you can get 80 free spins with a $/€1 deposit from Jackpot City Casino, or from Zodiac Casino. In future, we are likely to see many more offers from new casinos that are similar or possibly even better than these two!
$/€1 Free Spins and Bonus Combinations
Although players who are willing to make deposits of $/€10 and more have access to incredible deposit match and free spins combos, these offers are typically not available to players who want to deposit $/€5 or less. As the minimum deposit threshold decreases in time, we hope to see a much better bonus and free spins combos for lower deposits. If you would like to make a $/€1 deposit and get a 100% match and 100 free spins now, take a look at Caxino Casino!
$1 Minimum Deposit Casinos are here to stay
A number of factors have led to the increasing popularity of $/€1 minimum deposit casinos. The online casino industry is incredibly competitive and casino sites are always looking for ways to stand above the crowd to attract new players. In the past, they did this through bigger welcome offers, but now casinos are realising that depositing thousands to get thousands is not always the most attractive option. In times of economic uncertainty, great value for smaller deposits will become the most popular attraction. We can see a future where 1 Dollar Casinos and 1 Euro Casinos will attract the biggest share of the market, and casinos that have rigidly clung to much bigger minimum deposit thresholds will start feeling the pinch. In an ideal future for players, casinos will adapt to the times and each dollar or euro will go further at an online casino then it ever did before.