Topic: Free spin and wagering (Read 283 times)

Lol..  
He is actually making a mess between the words.
Simply, wagering means Betting.
Free Spin means you can play slot games without spending your funds.

If you get some free spins then you can play slot games without spending your funds and you have to Full-Fill a certain amount of wagering/Betting conditions to withdraw what you earn by playing game with a free spin.

Almost none is really giving out that free spins without any wagering requirement because we know that gambling sites or platforms arent charities on making people do siphon  money from it in case they do get extremely lucky and out of those free bets you could make thousands or hundred thousands of winnings. They arent that dumb when it comes to probabilities thats why they do set out significant
wagering requirements or rollover before you could pull off your winnings.

Very few casinos give you free spins without wagering requirements so most of the time these terms are used together.It is always better to read the terms and conditions and check if there are wagering requirements and if so what kind of requirements they are.If the casinos says that you need to wager 500x the amount of the money won during these free spins then probably it is not a good bonus.What I call a good bonus is for example 100 free spins and no requirements whatsoever,which ever amount of money you win they are yours to keep and withdraw,however this is almost never seen.

Have you just changed your own topic/question? Previously you were comparing free spins and free wagering and you say about wagering and free spins? It shows that you are still in confusion about some words related to gambling. How can it be clear?

I think something like this is a technique that is indeed used to expedite marketing which is basically what is needed.
And the bonus here actually has certain conditions that must be lived in order to get it.
I've seen things like this a few times and most of them have conditions like completing KYC and making a deposit etc.
But indeed this kind of thing is very good because indirectly many people have an interest in this

You didn't understand what i'm trying to say. Look, when get give promo money to gamble, condition about wagering seems logical and legit. With some probability P you will be able to wager needed amount. (P is extremely low amount)

But if they give to you just free spins, the total probability to withdraw money will be like P * Pslots, where Pslots it's probability to get even something on slots.

So, in the second case it will be much harder to actually win something with promo.

The major reason why I created this thread is to widen my understanding of the two words, wagering and free spin, how their work and the conditions attached to them. I most time misuse the term but from the replies I have seen my understanding is now clear.

Not sure if there is an exact definition for these two or if casinos use them as they likely. What I noticed with free spins and free wagering is that free spins are usually just for one particular slot game. Most casinos have a lot of different slot games and might use free spins to boost one particular game that is not very popular at the moment. Free wagering on the other side is usually a dollar amount that can be used freely without any restrictions on particular games.

Yeah, that's what I also understand with the OP's question, usually crypto casinos will have this kind of promotions to attract new players obvious. But there could be a catch and the OP should read the T&S before depositing crypto to get this free spins.

In any case though, the main thing here is that you will need to deposit first, meaning you will have to play with them spend some money and chances are you are going to lose before you can avail of their free spins or free wagering.

Because giving new players bonuses means those new players can deposit more to get the bonuses. Besides that, the new players will be tempted to play gambling for longer and try to meet some requirements to unlock the other bonuses available. Free spins are normal bonuses that the new players get their first time. But if they want to get more, they need to follow the casino rules and the casino mostly will give them, especially if they can reach the minimum requirements.

Indeed. Many casinos will give free spins as a bonus, whether a new member or old member because they do not want to lose their loyal members and it will be a strategy to invite new members. Maybe a free wager is given to you the first time you register on the site without depositing the money, as @Bitinity mentioned. Maybe you can ask the casino that gives you free wager so you can understand what their means and you can explain to us

I think the free spin only applies with slots, I don't know much about free wagering though but I think that the scope of games that you can use those freebies are the main difference between the two.

You can always search for the terms in google if you're too confused or curious with some terms. Since it's gambling related, there will be a lot of it that will pop out in results.

If it says that it's "free" then you don't have to be broad with it because it's totally sayig that it's for free.

It's just the same for having free lottery tickets, and other free bonuses and promos that a casino has.

I guess the op is confusing the words here how do you mean free wagering because the bonus is only in one phrase which is the free spin or does the casino site give you a bonus on your deposits but have not hard of the world free wagering as @Bitinity rightly said?

What kind of bonus is you are referring to with free wagering? It is even my first time to hear there is a bonus called by "free wagering", what I know is free spins, no deposit bonus and deposit bonus. Do you mean free wagering is like no deposit bonus where you get some free balance to wager in the casino?

These two are simply every casino site's strategy to attract more players and participants to their site. Bonuses and free spins are part of their rewards and offer to newly registered players because we all know that new gamblers prefer sites that offer great rewards and bonuses.

Based on what I know, free spins are mainly the bonuses intended to be given to new players. This is usually one of the strategies of gambling sites and casinos to garner more players and have more website traffic. Free spins are usually the trial of the newbies to check the runaround and environment of the website. This could be given with several tries or one try only. Like any other regular spins, the free spin could get you some prize if you're lucky to be able to land to one, but I think most of the times the free spins are programmed to land on no to small winning prizes. It would be a little to no chance to win the jackpot. Otherwise, you are lucky enough to land on the perfect timing where it was programmed to let the player win. This is given to encourage the player to deposit and to be a potential regular client once they liked the gaming environment. I think it is a good way to build a rapport so that they will gain more in return if ever the clients decided to stick with them.

Meanwhile, wagering is also a strategy of a casino or website with the same goal - to entice players. Usually these two come hand-in-hand. Before they would give you free spins, they would ask some requirements such as undergoing KYC or depositing an initial amount. This is their way to ensure that they would benefit as well. You see, gambling is still a business and they need to profit too. By having a market strategy of giving free spins by wagering, they would generate income. Gambling websites are not charitable events after all. This is their way of advertising and promotion which I must say that is effective up until this date.

Freespin is really free if it's rewarded through event or VIP promotion. Usually bonus like 50%, 100% and more are the Giveaway that's not really free because of wagering requirements. Only few Casino giving a wagering requirements on freespin but it should be totally free at all.

Those bonuses are just a headstart than waiting for the bonus to make it triggered, people use this than waiting for the multiplier because there's a higher chance you will get a double or triple of the value you wage but again of course this is a head start bonuses so expect it might quite expensive too but of course not all bonuses are ideal to buy and there's an assurance that you will get a huge profit.

It's rather self-explanatory though? Free spins are well, free spins that are probably locked by the casino where the user has to spend x amount to actually claim it. Spend maybe $30-$40 before a user is able to claim it and the like. Wagering is pretty much the same, it lets the user play something for free without the risk of losing something on his side, or offering something to be able to play. Though i think wagering can be used for other types of games, not just spins.

Or, it may not actually be Free wagering but rather no wager requirements? Simply means that users could withdraw their winnings without any requirements whatsoever (the lock I said earlier about having to spend x amount is an example).

With the offered promotions, usually they have conditions to be met before you can get the winnings from availing such promos. So don't be tempted with those promos, as you said, one should always read the terms attached to it. Because if you can't complete the requirements, you can't withdraw whatever you got from your bonuses. This is why most promos or bonuses are very attractive at a glance but once you start reading the terms, you will get disappointed as some of them have high wagering requirements, which you know, you will end up losing all the funds eventually.