No deposit bonuses, free spins, risk free bets… It all can get confusing. After reading this article you will be able to cut through all the jargon and understand all these terms and what they mean for you, the customer, helping you better utilise free bets, spins and all that comes in online casinos.
Free spins are just that; spins on casino games that are free. These are gifted to you the customer and can be used on any of the games included in the offer. All the rules and such can usually be found in the terms and conditions of the offer. Free spins are usually time sensitive, so make sure to check if they expire and if so, when they must be used by.
No Deposit Bonus
A no deposit bonus is the most popular type of free bet in the industry. Basically, a no deposit bonus is a bonus gifted to the customer without the punter having to make a deposit to the casino. Put simply, a no deposit bonus is a free bet for the customer to use the casino with no strings attached.
Matched Deposit Bonus
A matched deposit bonus means when you deposit X amount the casino will match your deposit with either cash or free bets. These bets are usually given to first time customers although not exclusively. Let us say you deposit €50; the casino will give you a bonus of €50 to spend with the casino.
Risk Free Bet
Risk free bets are simply bets that can be placed on usually a given set of selections. If the selection loses, the customer gets the stake returned to them. Risk free bets come in two main forms: money back as cash or a free bet. Money back as cash means the stake that is returned to the player can be withdrawn from their account there and then. Money back as a free bet means that stake will have to be placed on another selection to make use of the ‘risk free bet’.
Percentage Return to Player (%RTP)
Percentage return to player or %RTP as you may have seen it, is the average percentage of stakes that are returned to the player when gambling with a casino, also known informally as the casino’s ‘edge’. When choosing a casino to gamble with it is important to check the %RTP as the number may determine how often you can win and how much you will look to return of your original stakes. Keep an extra keen eye out for unusually low %RTPs as these will mean lower returns for the customer.
Hopefully, you are feeling a little more brushed up on your online casino lingo and have more of an idea of offers you can make use of. As always make sure to check casino reviews, expiry dates on any free bets you are offered and read all terms and conditions before opting into any offers.