So much so, in fact, that two-thirds of players looking at new online casinos will actually use the bonus as one of their criteria for signing up.
Attracting players
Expanding on the point we made earlier, free spins make a casino appealing. Getting free spins without needing to make a deposit is an enormous incentive for any player to sign up to a casino. Even free spins that do require a deposit of some kind are worth taking on, as they still are giving something extra. As such, free spins are enticing to players, drawing them in to sign up at a new casino.
This is particularly the case for players who may not have such a large budget. What may seem like only a small extra sum to play with, can really mean the difference overall for players on a budget. By taking on free spins, gambling also seems less dangerous or risky allowing newcomers to test the waters first.
Online casinos profit too
It’s really not just the players that profit from free spins, and this is very important to note when understanding why casinos offer free spins. The variety of free spin offers is also growing with casinos giving a deposit, no deposit, sign-up free spins, and more in an effort to stand out from other casinos.
At this juncture, it’s important to remember that almost all free spins will come with bonus terms and conditions. This means that players can’t just accept the free spins, use them and take any winnings with them. Essentially, these requirements protect the casino from fraudulent players surfing the internet for free cash. However, there are still some free spins bonuses out there that have no wagering requirements, which make them very desirable.
What makes the free spins profitable to casinos is the long game these sites play. For example, some casinos will offer numerous free spins to new players, but these will be awarded over a few days. Players will be required to sign in each day to claim them, establishing a signing-in habit. Once the free spins are used up, players es so much that they choose to keep playing. At this point, they then deposit their own money.
Simply put, if players have enjoyed their free spins and the casino experience as a whole, they’re likely to stick around. This means that, in the long run, casinos will be able to make back the money they potentially lose from the free spins. It’s also worth pointing out that the house generally wins. So even if players take on the free spins, it’s more likely to result in a loss anyway, so the casino won’t be losing out.
Why choose to use free spins
While it may seem a bit pointless to take on free spins if it’s unlikely that there will be a win, there are still plenty of reasons to accept them. First, there is always a chance that players will score a win. With the right game and some luck, free spins can actually yield a good win. There are usually wagering requirements to fulfill, but these are possible to overcome. In addition, many free spins that come with a welcome bonus often have low, or in some cases no, wagering requirements, which means it is totally possible to win some cash.
Even if winning cash is not possible and those wagering requirements aren’t fulfilled, 400% welcome bonus there are still a number of reasons to accept free spins. For instance, the free spins are always attached to specific slot games. By taking on the free spins, players can try out specific games that they might not have otherwise tried. There are many big-name games commonly attached to free spins offers too, so players can try them out without having to risk their own money.