Online casinos have increasingly become a popular form of entertainment across several countries around the world. Formed in the strictly regulated markets of Europe, such as under the purview of the UK’s Gambling Commission and the Malta Gaming Authority, the industry has managed to establish a certain standard of trust. Such is the popularity and reliability in the security of top iGaming providers in general that its global market size is already past the $80 billion mark.
With more people than ever discovering online casinos, it’s important for knowledge of how to get the most value out of the industry to spread. This way, not only do players get the best experience possible, but it further enhances the rampant competitive state of the industry. In doing this, platforms will only strive to improve further, get more creative, and provide experiences customers are increasingly satisfied with. So, here’s how to get the most value out of the ubiquitous promotions and bonuses section.
Important Things to Know About Bonuses and Promotions
At online casinos, you’ll invariably find a page with several bonuses and promotions. There’ll almost always be a welcome bonus for new players. Beyond that, the top platforms will have several different kinds of promotions on the go. Some offer tournaments, others offer ways to get bonus funds, and some do things like rollbacks or cashbacks for players who play a lot of games.
With many of these, regardless of the amount of free spins or bonus cash on offer, the key is to examine the terms and conditions. Two factors from the hefty page of T&Cs needs to be explored on every bonus. These are the wagering requirements and time limits. The wagering requirements are shown as a times value, such as 30x. This represents how many times any winnings have to be wagered again before anything can be withdrawn as real money.
The time limit will likely pertain to these wagering requirements, setting how long you have to roll over the bonus winnings in an attempt to turn it into real money. Naturally, the lower the wagering requirements of the bonuses, and the greater the time limit, the higher the player’s chances are of withdrawing real money. The good news here is that the UK’s Gambling Commission is bringing out new rules at the end of the year, where these playthrough requirements will be held to 10x as a maximum.
Finding the Value in the Promos Section
Where some of the best value can be found is in a welcome bonus that allows new players to explore a lot of the site and test it out thoroughly. A casino sign-up bonus with spins and funds allows a new player to try out all of the table games, live games, and slot games on the house. This should be the aim of making use of a welcome bonus: exploring the site to see if it’s for you.
From there, promotions that offer more bonus funds and free spins are fine, provided that they’re taken the same way. Great value can equally be found in promotions that don’t have payouts tied to T&Cs at all. These usually come in the form of competitions, tournaments, leaderboards, and random prizes. The Mega Money Wheel 1,000,000, Daily Tournaments, Roulette Leaderboard on Lucky 6 Roulette, and Random Cash Drops promos are all examples of this.
They may offer a challenge to get to prizes, or even be randomised, but it’s in these promos that there’s true value to be found at online casinos.
