In an effort to beat the competition to new players and consequently expand their existing base of customers, betting companies were the first one to introduce a wise marketing tool called free bets. This unique product reshaped the entire promotional system and was quick to expand into other areas of gambling on the internet, such as an online casino.
Online casino free bets come in various forms. Operators will constantly find for new ways to polish their offering and make free bets as unique as possible to make them more appealing to both potential and existing customers.
What Are Casino Free Bets & How do they Work?
Looking at their original sports betting form, free bets are exactly what the name would suggest. A form of incentive, usually given to players as a bonus bet upon registration. Players would get a fixed amount added to their account on top of the minimum required deposit, which is usually a matched amount up to the predetermined limit.
Free bets are subjected to different wagering requirements and are not easily manipulated. They are not money given to you by a casino for free as many tend to misconceive. Wagering requirement means that once you have deposited the required amount and played through it, your free bets will be at your disposal for withdrawal only. Mind you, only after you’ve gone through wagering that goes anywhere from 10x, 30x, 35x and upwards.
Terms and conditions have become rather detailed and strictly followed, but free bets to this date remain a popular way of rewarding players for their loyalty.
Free bets at online casinos often come in forms of free spins on popular slots. Casinos would often offer free spins and free bets to promote a certain game and will reward new customers with a batch of complimentary spins. However, these welcome packages are diverse and vary wildly.
Types of Online Casino Free Bets
Popular online casino free bets come in all sorts of shapes. Finding a pattern behind them would be quite an undertaking as gaming establishments continue to experiment and innovate to remain in front of their competition.
Several most common types of online casino free bets remain, however. Casinos would often offer free funds which would match your first deposit up to a certain percentage (50%, 100%, 200% and more in some cases).
It’s not uncommon for online casino free bets not to involve any free money whatsoever. Alternately, they would offer free spins, as mentioned above. A careful read through the promotion’s terms and conditions would reveal, however, that any amount won during the free spins must be wagered to a certain number