Don’t we all love a great bargain? True, everyone likes a good deal, more so if it comes with freebies. And while it’s a great feeling to know you’ve snagged a good deal from a great online casino, you might be wondering: Is it really all it’s cracked up to be? What’s the catch?
Surely there must be something in it for the casino, because it’s surely not running an entire business dishing out no deposit Australia free spins.
So, what do casinos stand to gain by offering free spins to players? And are free spins actually worth your time? The following aims to answer these questions and more.
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What’s In It For Casinos?
Since all casinos offer free spins, there must be something they’re gaining from their offer. They’re a business after all and their offering free spins is definitely not a case of being charitable.
Here are five ways in which casinos stand to gain by offering free spins to players.
1. Attract New Players
Offering free spins is one of the most effective ways to acquire new customers. Casinos may offer free spins to help you familiarize yourself with the games, in hopes that you’ll eventually become a long-term customer.
To attract new players, free spins can be attached to welcome bonuses, no deposit bonuses, and social media promotions. You can also find free spins as part of referral bonuses, where free spins are offered to both the referrer and the new player, thus acting as a strong incentive for players to spread the word about the casino.
2. Maintain Competitiveness
Offering free spins as part of regular promotions and bonuses is a way in which casinos ensure that they survive the fierce competition in the industry. If a casino does not provide such perks, it is unlikely that clients will actively opt to test it out.
Therefore, by providing players with a variety of incentives to try out new games and keep playing, the casino can maintain its competitiveness in the market.
3. Promote New Games
Through free spins, casinos also get to popularize new games. Let’s face it, it’s more tempting to try out new games if they come with free spins attached to them.
These freebies, therefore, can be used as a promotional tactic for casinos to pique the interest of new players and to encourage existing players to try their hands at winning through a game they’ve never tried before.
4. Popularize New Payment Methods
Free spins are also used to encourage players to try out new payment methods that the casino wants to promote.
For instance, if a casino wants to introduce a digital wallet payment option, they may launch a promotion where players who make a deposit through the new payment method will receive a certain number of free spins on a popular slot machine.
The number of free spins offered may vary depending on the casino and the promotion, but it’s usually enough to entice players to try out the new payment method.
5. Promote The Mobile Application
Casinos may also use free spins to promote their mobile application by offering them as a reward for downloading and using the app. The idea behind providing an incentive to try out the app is to increase engagement and drive more revenue through mobile gaming.
Are Free Spins Worth Your While?
The short answer to this question is: yes. Free spins are in fact a main source of appeal for both newbies and seasoned players because they offer the chance to earn real money without having to risk any of your own.
Of course, the amount of money you get may not be huge, but you can still enjoy the opportunity of spinning the reels for free while scoping out new games, possibly exploring which niche appeals to you most in the process. All the while you’d be gaining experience and honing your skills, free of charge!
Still, although strictly speaking, you’d not be forking out any money to spin the reels, there are always terms and conditions which you need to understand well before getting too excited with your earned freebies. More about this in the next section.
What Should I Look Out For Before Claiming My Free Spins?
Before claiming free spins, you need to make sure that you understand the strings attached to them. In particular, you must look out for:
Wagering Requirements
These stipulate the amount of money to bet or wager before you can withdraw any winnings. Familiarizing yourself with the wagering requirements is therefore key to ensuring you’re able to meet them within the stipulated time frame.
Game Eligibility
Free spins may only be valid on certain games and not others. Therefore, don’t forget to check which games are eligible before claiming the offer.
Time Limits
Some free spin offers may come with an expiry date, which means that you’ll need to use them within a specific time frame. Make sure you’re aware of any time limits so that you don’t miss out on the offer.
Maximum Winnings
There might be a cap on how much you can win from the spins. It is crucial for you to understand the maximum winnings limit to avoid getting disappointed due to unrealistic expectations.
Eligibility
Some free spins may only be available to new players or players who meet certain criteria. Make sure you check if you are eligible for the offer before claiming it.
