Free Spins Casino Bonus
Free spins are one of the mechanisms that casinos use to either, entice new customers to join or reward loyal customers. This bonus is offered to players in the form of bonus spins on a particular slot game at an online casino. Free spins vary between casinos based on the game that they are offered on, the value of the free spins, the wagering requirements attached to the free spins and the winnings limit that certain casinos attach to their free spins.
Free Spins Wagering Requirements
The first difference between types of free spins that we will discuss is no wagering free spins and standard free spins.
- Standard Casino Free Spins
- This type of free spins bonus has wagering requirements attributed to winnings. This means that if you are given 50 free spins, and you win money from these free spins, that the winnings will be subject to wagering requirements. This is common practice and almost always applied to no deposit free spins bonuses.
- No Wagering Free Spins
- No Wagering Free Spins are as the name suggests, free spins that do not have wagering requirements attached to the winnings. This means that players that are able to withdraw their winnings directly after completing their free spins.
Free Spins Slots
Free spins can be assigned to almost any online slot but there are a number of slot games that casino tend to use more frequently. The decision on which slot to offer free spins on is determined by a number of factors. The common factors that casinos take into account are:
- Slot Machine Type
- Available Coin Sizes
- Number of Paylines
- Return to Player (RTP)
- Slot Machine Volatility
- Slot Popularity
Online casinos will never offer free spins on a progressive jackpot type of slot machine. This is because there is a mandatory progressive fee contribution attached to these games which makes the progressive jackpot slot spins expensive for the casino operator. This means that if a casino was to offer free spins on a pregressive slot machine that that they would be limited to offer a much smaller number of free spins which makes the free spins bonus less enticing for customers.
The available coin sizes and number of pay-lines are also important considerations that online casinos need to take into account when deciding on a free spins bonus. This is because the combination of coin size and pay-lines determines the cost of the free spins to the casino. The cost of a free spins offer can be calculated but multiplying the coin size by the pay-lines by the number of free spins being offered. A common free spins bonus would be something akin to 50 free spins on Starburst. Which would entitle players to 50 bonus spins on the Starburst slot machine. The cost of this free spins bonus to the casino is approximately £/€/$ 5. This is because the minimum coin size is 0.01 and the number of pay-lines is 10 and the number of spins is 50. The calculation would look like 0.01 x 10 x 50 = 5.
The RTP and slot machine volatility are also very important factors when considering a free spins bonus.
- Slot Machine RTP
- Return to Player (RTP) refers to the theoretical percentage of wagering that a slot machine returns to a player over the lifetime of a machine. The RTP is a mathematical formula that utilises combinations and permutations to calculate the return of a slot machine. Most online slots sit between 96% and 98% RTP.
- Slot Machine Volatility
- Volatility refers to the frequency of payout. This means that you may get two slots that both have a RTP of 97% but one pays out smaller amounts more frequently whilst one pays out larger amounts less frequently.
Casino operators look to offer free spins on low volatility slots with a high RTP. This is to give customers a better experience at the casino. The combination of lower volatility and high RTP mean that more players are likely to win smaller amounts on their free spins which means that more customers will have a positive experience at the casino.
The final factor that casinos consider when creating a free spins offer is the popularity of the slot machine in question. The most popular slots like Starburst and Book of Dead are the two most popular online slots and are therefore commonly used for free spins offers. Both of these popular online slots allow for cheap free spins which allows casinos to offer a large number of spins. The slots also have strong RTP percentages above 96% but vary slightly in volatility. Book of Dead has a slightly higher volatility than Starburst which means that a lower proportion of players win on it but those that do win usually win more than those that play on Starburst.
Free Spins Bonus Terms and Conditions
The terms and conditions attached to free spins bonuses are often overlooked by customers but there is value in understanding them. The key terms to look out for when analysing a free spins offer are the wagering requirements, bonus limitations and deposit requirements. These terms are often overlooked by potential customers and very seldom highlighted by online casino aggregator sites.
No Wagering Free Spins do not have wagering requirements and allow customers to keep what they win but standard free spins are a completely different story. The wagering requirements attached to free spins casino bonus vary wildly from one casino to another. Wagering requirements range from 35x winnings, up to 60x winnings at certain casinos. Online casinos that enforce high wagering requirements should normally be avoided but every rule does have exceptions. If you are unsure of the reputability of a particular casino, you should check our online casino review page before depositing any money.
The second term to look out for is the “win restrictions” that are often applied to winnings from free spins bonuses. These restrictions limit the amount of money that can be won from your free spins bonus. The most common restriction is that players can only win a maximum of 10x the value of the original free spins bonus. This means that if you were awarded the 50 free spins on Starburst as spoken about earlier, you would be limited to winning a maximum of 50 from your your original free spins.
The last term that is key is that most online casinos only allow players to withdraw their winnings after they have successfully made a deposit at the casino and verified their identity. This is because welcome bonuses are only offered to new player and casinos need to verify that you do not already have an account with them before they will allow you to withdraw your winnings. There are also a number of fraud checks that require players to make a deposit before they can be completed.
Free Spins Casinos
Captain Spins, Jonny Jackpot and LeoVegas casino are three of the worlds premier free spins casinos. They are not unique in the fact that they reward customers with free spins but they do have a reputation for offering a great variety of valuable free spins bonuses. Casinos Verified has secured a fantastic 50 Free Spins, No Deposit Bonus on Jonny Jackpot for our readers. LeoVegas offers free spins on to all new players on their first deposit whils Captain Spins offers an encredible 260 Free Spins across your first 4 deposits. The three casinos mentioned all offer various weekly promotions that contain free spins rewards for loyal customers.
Dunder Casino is also an excellent free spins casino offering 10 no deposit free spins for new customers. The big advantage with Dunder is that their free spins are “No Wagering” free spins, which means that players can keep what they win. PlayOJO are another “No Wagering” free spins casino, you can read more at PlayOJO 50 Free Spins Bonus.
New Free Spins Casinos
The fact that online casinos limit players to only receiving their welcome bonus once means that players are always looking for new free spins casinos. We understand this desire and endevour to provide you with the latest free spins casinos as son as they are available.
Free Spins Bonus
There are a number of similar free spins bonuses that exist online. We have segmented a number of these common free spins bonus types and provided them in easy to navigate lists below. We have created the following segments:
10 Free Spins Casinos
The list below represents the best 10 Free Spins casino bonuses available in 2020. This list is updated frequently with new free spins bonuses and casinos added regularly. Some of these bonuses like Dunder are actually a 10 Free Spins No Deposit Casino Bonus.
50 Free Spins Casinos
There are a number of fantastic 50 free spins bonuses available some of the worlds premier online casinos. The list below contains the best 50 Free Spins online casino bonuses. We have a fantastic selection of 50 Free Spins offers with no deposit offers and no wagering offers available.
100 Free Spins Casinos
The 100 Free Spins Bonuses shown below have all been tested and confirmed by our Casinos Verified testers. These bonuses all come bundled with some excellent deposit match bonuses.
200 Free Spins Casinos
Our 200 Free Spins Bonus list contains not only 200 Free Spins Casino but any Casino that offers 200 free spins or more. You will be amazed at the number of free spins available from some of these verified online casinos.