The iGaming industry has had continuous growth since its inception, and casino operators are always looking to attract new customers. Other than just providing people with quality service and large gaming libraries, MiFinity is actually good for casino deposits by offering promotional offers and bonuses for all.
In this article, we go over the abundance of freebies you can find on iGaming sites. You can use it as a guide to find the best bonus deal for you and play for free!
Types of Free Promotions Players Can Receive
Players can get their hands on bonuses, typically free cash offers or free spins. The former is a sum that players can use to place bets on slots games or sports events. The latter offer is solely for online video slots. Here’s an overview of the types of bonuses you can encounter on the iGaming scene:
Welcome Bonus
This kind of promotion is specifically for those new players who have just completed their registration on any platform. Depending on the casino, this offer can only be worth as much as $50, but in some cases, it can be as high as $1,000 or even $2,000.
You can expect a welcome package that consists of multiple deposit matches too. As the name implies, these are welcome gifts and treats to thank players for choosing a specific company’s gaming platform.
Daily Bonus
Unlike the welcome bonus, which is only given to mark the start of the player’s engagement with an online platform, this perk can be offered on a daily basis. Free promotions such as these are a great way to invite players to continue to use the services of an online casino. Not every casino has a daily bonus offer, so you should search for this when deciding on an establishment.
These bonuses come with wagering requirements players need to achieve in order to be rewarded with the bonus. For the most part, players need to bet 30 times the bonus or more. If you’re signing up with a UKGC-licensed site, you can expect the WR to go as high as 35x.
Free Spins Bonus
This promotion does not incentivize players with money. Instead, they reward players with free spins that can be used in online slots. The amount offered is limited and depends on how much an operator is willing to give, and where they can be used also depends on the platform. While some only allow free spins to be used on certain slot games, other sites leave it up to the players to choose from any game in their library.
With some casinos, bonus spins can be accompanied as part of a welcome bonus or other free promotions. They can also come with a wagering requirement that must be met in order to be activated. This leads to the further development of free spins bonuses into regular free spins, free spins with no deposit needed, and free cash spins.
Loyalty Scheme Bonus
Online casinos that have a loyalty scheme or VIP membership can offer players worthwhile free promotions. The rewards differ based on the level a player has reached in the VIP program. Membership is often given to those who are long-time customers of a casino and play regularly.
Players climb up the rank by reaching the number of wagers placed or how often they deposit. The criteria required are unique to any online casino. You are usually rewarded with Loyalty Points which you can use to buy free spins and other rewards.
No Deposit Bonus
As the name implies, this is one of those free promotions that players can receive without making a deposit. These perks are more likely to be limited in monetary value compared to the welcome bonus, but nevertheless, they are a welcome sight for players.
Platforms that offer this kind of bonus usually offer only $50 or less. If you claim it, you’d need to carefully read the instructions on where this bonus can be used. We’d also advise you not just to claim any deposit-less deal you see online. First, you should ensure that the iGaming site is safe and licensed by a reputable body, such as MGA, UKGC, Curacao, or any state wagering commission.
Deposit Bonus
This promotional offer shares a similarity with the welcome bonus, but it’s not just for new players. You are asked to deposit a certain amount, and for it, you can receive free spins or free cash. If it is a deposit match bonus, the freebie you receive is proportional to the money you deposit.
Cashback Bonus
While this kind of deal won’t let you play for free per se, you can think of it as a safety net. Cashback bonuses allow you to get back a percentage of the cash amount you used to bet with, and essentially, it’s a sort of refund. However, the amount you can receive isn’t a large one. It’s usually between 5% to 20% of the money you’ve spent. Most casinos rarely go higher, but it’s not unheard of.
No Wagering Bonus
As mentioned above, a lot of promotions come with wagering requirements that need to be fulfilled in order for players to receive the prize they award. However, this bonus type does not come with such requirements.
It essentially means that anything you have earned or received from such a bonus is free for you to use on whichever game you want with no time limits. This works for both kinds of bonuses, whether free cash or free spins.
Summary
Free promotions and bonuses make online casinos as entertaining as they are. They serve as both incentives for players to join a platform, but also to continue using the site’s services. From cashback offers to Loyalty rewards, these promotions come in various forms with their own values and rules.
Operators can create unique gaming experiences just by creating bonuses and promotions only available on their platforms. Like a figurative cherry on top of an already fun time, they are permanent fixtures, and we hope to continue to see them evolve with the rest of the iGaming industry.
