Existing Player Free Spins Bonuses Competition is rife between online casinos. Each venue strives to win over more registered players and the launch of fresh casino promotions and bonuses is living proof of. Free means free, while extra means that you will get some more spins after you make a deposit. In contrast to a 50 free spins on Staburst no deposit bonus, an extra spins bonus will require at least a minimum deposit of £10 if not more, depending on the online. Max bet is 10% (min £0.10) of the free spin winnings and bonus amount or £5 (lowest amount applies). Spins must be used and/or Bonus must be claimed before using deposited funds.

One important aspect to keep in mind with regards to free spins is to do with wagering requirements. Wagering requirement also goes by the name of as ‘spin through’ or ‘turnover requirements’.

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However the casino wants to label them, the meaning remains the same which is the number of times you will be required to spin the reels before you can cash out your winnings.

Now this may come as a slight disappointment to the freebie hunters but these requirements are essential to prevent fraud. If there were no requirements, then everyone and their aunty and uncle would be flocking to an online casino to try and win the maximum amount they could using the spins.

I often hear players ask about how much they have to wager to release their winnings when using such no deposit offers. To answer the question, it’s best to provider an example.

Example: You sign up at an online casino that is generous enough to give you 10 spins on registration. You win ₹1000 and need to complete the wagering requirements of 30x the winnings.

To calculate how much, you need to playthrough, you simply have to multiple the winnings with the wagering requirement: 1000 x 30 = ₹30,000. I

n order to release your winnings, you will be required to wager ₹30,000 on any slot machine in the casino and that is how you calculate how much wagering is required to be able to cash out the winnings.

Apart from the wagering requirements, spins also come with a time limit. Yes, you cant sit on your spins for months and usually the time limit is anywhere between a day to a week after they have been activated.

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Despite the terms and conditions that come with Free Spins, there are benefits to be had for availing this welcome offer. You are not required to deposit your own money and can essentially try out the latest online slots for free.

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The online casino also allows you to keep the profit that is the money that is left over after the wagering requirements have been met. Seems like a good enough deal for me especially one that is created at the expense of the casino!