Why Free Spins are Never What they Seem
Free spins are often considered to be some of the best bonuses around. However, that’s just not the case. They are handed out freely on the best casinos around the world and you can also find them on brand new casinos and even black listed casinos.
But as we shall discover, they are rarely what they seem and the real money online casinos don’t want you to know the truth.
Why Free Spins are Bad for the Players
The main reason they are so bad for the players is that they are used in place of cash bonuses, welcome bonuses and other such bonuses. These are standard on real money online casinos but if they can swap them for free spins and get away with it, they will.
They are much smaller than these bonuses, but they don’t look like it on the surface. Look at it this way. If given the choice between $100 and 500 free spins, most players would choose the free spins. And because casinos don’t make a habit of telling them house valuable these spins are, they think they are getting a great deal.
But the average free spin has a value of just $0.10 and some of them are worth half this amount. If you have 100 free spins at $0.10, you have just $10 worth of bonus cash. If you have 500, you have $50. And because many free spins are limited to games with high volatility, which means they rarely pay out, then that money can feel like a lot less.
There are also very high play-through rates with these spins, which makes it even worse. All in all, free spins are great when used in addition to other welcome bonuses, like you will find on Jackpot City and other top online casinos. But on their own, they are not worth it.
Why Free Spins are Good for the Online Casinos
For the casinos, they are a big lure. Players see those high numbers, they don’t think too much about the facts and they get carried away. Free spins can lure many players into online casinos and for those casinos, they are a much cheaper alliterative to no deposit bonuses and welcome bonuses.
So, think about this the next time you see an offer of free spins and start to think that they are amazing and that the online casino is hugely generous. That’s just not the case, at least not in most cases.
116 Swedish Gambling Licenses Issued: More on the Way13.03 2019
888 Holdings Acquires BetBright Sports Betting Platform05.03 2019
New Gambling Trade Body Could be in the Works27.02 2019