What’s the saying again? The best things in life are free, right?
Players of online casino games will know that all too well that often, things described as free are not what they seem.
So, this being the case, are free spins really free?
A free spin is the chance to spin the reels on your chosen slot without having to spend a penny.
If you have free spins, whenever you click spin, nothing will be taken from your account balance.
It’s important to remember that free spins and no deposit free spins are different, in order to get free spins, you have to make a deposit.
For example, you may see a promotion that is something along the lines of “Deposit £10 and get 100 Free Spins” thus the spins aren’t really free as you have to pay in order to get them.
No deposit free spins on the other hand, do not require a deposit in order to get them.
Many online casinos offer this promotion as part of a welcome bonus. As soon as you create an account with that platform, your account will instantly be credited with free spins to use.
Whether it’s a generic free spin or a no deposit free spin, you’re able to win real money with any resulting winnings being credited to your balance.
That said, the latter may come with a wagering requirement so again, you’re having to pay for the rewards of that free spin.
Generally, casinos offer free spins to entice customers to sign-up or to keep existing customers happy.
In most cases, a free spin is a set stake of the lowest amount, so for example, take a game with ten paylines and a coin value of £0.01, this is going to cost the casino £0.10 and even if you are awarded 100 free spins, this is only going to set the casino back £10.00.
Of course, the big catch when it comes to so called free spins – and indeed free bets – are the wagering requirements.
The free spins may cost you zilch but in order to recoup part of any resulting losses, most online casinos attach wagering requirements to the winnings from free spins.
Wagering requirements differ from casino to casino, sometimes it may be £0.00 and with others it can be as high as x50.
Of course, when you make a deposit with real cash, you do not have to carry on trying to wager it as any winnings will be entirely yours.
Some online casinos do not feature any wagering requirements and will allow to instantly withdraw any winnings that have resulted from free spins.
It should go without saying that this is very rare indeed. However, some casinos look past the short-term loss if they are confident they can retain that player’s custom.
