Casino offers are designed to entice customers and encourage them to play at an online casino. That’s not to say that they’re a scam or don’t have value as many of them do. They benefit the casino as they gain new customers from them and help to retain their existing customers and they benefit the player as they get something for free.
There are various type of casino offers available to make sure that all players are able to benefit from them. For example, for slots players, free spins are generally an attractive offer whereas players who prefer to play table games such as Blackjack or Roulette, may prefer bonuses or cashback offers.
In this article, we’ll be taking a look at the various types of casino offers which are commonly available and explain how each of them works.
Free spins are one of the most common offers you’ll find at an online casino and are aimed at slots players. Casinos regularly give free spins to both new and existing customers either out of the blue or in return for making a deposit or wagering a certain amount.
Free Spins with no deposit are often of lower value then the free spins you receive when you have to wager your own money first and they can also come with wagering requirements attached to the winnings. However, free spins give you an additional chance to make a profit and also try out some new slots which you haven’t played before without risking your own cash.
Another common type of casino offer are bonuses. Casino bonuses can come in various forms but the main two are deposit bonuses and no deposit bonuses.
No Deposit Bonuses
These are bonuses which you receive without having to make a deposit or risk your own money and are usually given to new customers at a casino who register an account. However, they can also be given to existing players as a reward. Similar to no deposit free spins, no deposit bonuses often have a relatively small value of around £5 – £10 and come with wagering requirements. One casino which offers a greater than normal no deposit offer is 888Casino where new customers can get £88 of free play simply for registering a new account.
For example, a £10 no deposit bonus with x35 wagering means that you must wager £350 (£10 x 35) before the bonus is converted into cash which you can withdraw.
There may also be maximum winnings restrictions applied to no deposit bonuses which can be frustrating if you hit a big win.
Deposit bonuses are generally of a much higher value than no deposit bonuses and can range from anywhere between £50 and £1000. They require you to make a deposit in order to receive the bonus and you won’t be able to withdraw your bonus until you have met the wagering requirements.
The terms of deposit bonuses vary between casinos and individual offers and so it’s worth reading them before accepting any bonus. With some bonuses, cash is used first, some the bonus is used first and others a mixture of cash and bonus is used.
Many online casinos offer new customers deposit bonuses on their first deposit and due to the high value of the bonuses, they attract a lot of players.
Cashback offers are available at some online casinos and are generally aimed at existing customers.
An example of a cashback offer may be ‘10% of all losses back when playing slots today’.
These are generally good offers as they can give the player the edge over the casino but be sure to check whether the cashback is paid in bonus funds or in cash as the bonus may come with wagering requirements.
Golden Chip promotions have become increasingly popular with online casinos and work similar to free bets except they’re to be used on casino games rather than sports.
Players are awarded Golden Chips which can be played on specific games such as Roulette or Blackjack and have a set value.
If you win a bet using a Golden Chip, only the winnings are returned and not the stake.
The good thing is that generally, Golden Chips do not come with any further wagering requirements although it is always best to check first.