Free Spins vs Bonus Cash for Players
The online casino industry has become very competitive over the last decade or so. There is an ocean of online casinos and hundreds of new ones are launched each year. As a result, casino sites have devised a variety of mechanisms to entice players to choose them over the competition. Popular methods employed by casino websites to attract new gamers include:
Enticing Welcome Packages
Welcome packages are comprised of mouth-watering cash bonuses and free spins, and mostly target new players. Usually, welcome packages, especially in casinos that specialize in slot games come packed with a certain amount of cash bonus plus ten or more extra spins. In most casinos, players can only use welcome package bonus spins to play Starburst, a popular slot game by NetEnt or another specific slot that is being promoted.
Casinos may also use promotions to encourage new players to sign up and keep old ones coming back. With regular promotions, players have a chance to earn bonus cash and free spins. Popular promotions include Happy Hour, Slot of the Week, Daily, Weekly or Monthly Cashbacks.
No Wagering Requirements
Some casinos have no wagering requirements. This means punters can cash out winnings from bonus cash and extra spins without the need to meet a particular wagering requirement. We'll talk more about wagering requirements later on this post.
Loyalty Points and VIP Rewards
Casinos may reward regular/older players by giving them loyalty points and VIP rewards. Usually, these incentives come in the form of exclusive cash bonuses, anniversary bonuses, birthday gifts, and extra spins,
Free Spins Vs Bonus Cash
Thanks to free spins and cash bonuses, casino players have the opportunity to play for real money without having to use their own money. Players don't even have to deposit anything into their accounts to gain access to bonus spins and cash. Gamblers, however, have to meet a certain wagering requirement before they can cash out their winnings.
It's important to note that casinos may not allow you to use your bonus spins and cash on any game of your choice. In most cases, cash bonuses and extra spins are attached to certain casino games or some selected slot games from gaming providers.
Bear in mind that extra spins and cash bonuses have a validity period of between 3 to 30 days from the time of activation.
Extra spins and bonus cash provide an opportunity for punters to take home exciting amounts of money. While the two are similar in a variety of ways, they also have some differences. Here are some notable similarities and differences between the two:
Most of the time, winnings from cash bonuses and bonus spins are available for cashing out only after the player has met the wagering requirements. It is important to note that wagering requirements may differ from one casino site to another. On average, casino sites have a wagering requirement of between 10 to 65 times. To avoid any form of inconvenience, players are encouraged to read and understand the T&Cs that control winnings.