Cash Bonus Vs. Free Spins: The Similarities and Differences
The gambling world has experienced exponential growth throughout the decades, transitioning from land-based casinos to online and mobile gaming platforms. During this evolution, gambling sites have garnered a huge following as players enjoy games in their homes.
To entice players to gambling websites, operators usually offer lucrative promotions in order to have as many players as possible signing up and gambling on their sites. One example is the no deposit offer of bonus cash or free spins. These are wonderful deals that let you try a variety of games without using your own money. Check out what these offers are and how they're similar and different from each other.
No Deposit Cash Bonuses
No deposit cash bonuses are a helpful way to try out a new gambling site as they require no deposit to claim. Most no deposit cash bonuses only require you to register to claim, but some may ask you for a bonus code or that you verify a banking option.
When it comes to picking a no deposit cash bonus, the key difference is the wagering requirements as they vary greatly from casino to casino. Some sites require only 20 or 30 times wagering whereas others can require up to 80 times wagering, which takes longer as well as makes it much harder to turn the promo into real money.
Free Spins
These are perfect for slot games. Most of them are restricted to a single game of slot, but they're still an amazing way to practice slots online before spending your own money. They also let you try out the site as well as get a chance to win money.
As with money bonuses, extra spins still come with certain terms and conditions and wagering requirements, so be sure to review them.
Differences and Similarities Between Money Bonuses and Free Spins
While comparing cash bonuses with free spins, you'll come across some similarities and differences, including:
The Similarities
- Both offers are 100% up for grabs.
- Both offers have an expiry time period (usually between 3 to 30 days of being activated).
- Both offers don't require players to deposit anything.
The Differences
- With bonus money, you can play with it on almost all games the casino has, including table games, slots, scratch cards and more. On the other hand, you can only use your additional spins to play slots.
- Another difference between bonus money and free spins is that you only receive the extra money as part of a promotion. Some slot games will give extra spins in the form of an in-game promotion that you could trigger when spinning the reels. As a result, you create more avenues through which you can win the additional spins, which will help you get extra winning opportunities without emptying your account.
- It's worth noting that some Canadian casinos may go overboard when giving out extra spins. In such cases, one player can have access to 500 of them or more at once. With money bonuses, casinos are usually a bit more cautious and most of them offer less than $50.
Wagering Requirements
For the most part, winnings from cash offers and bonus spins can be cashed out only after you've met the stipulated wagering requirements. It's vital to keep in mind that wagering requirements may vary from one gambling platform to another. In general, casino websites have a 10X to 65X wagering requirement. To avoid any kind of inconvenience, you're encouraged to review the terms and conditions that apply to winnings at a casino.