Online casinos, like any casino, basically have one goal in mind, and that is to make a profit. While players obviously access casinos to win money themselves, there is often a certain house edge that limits the chances players have to actually make a winning.
And even if they do make a winning, which is possible, of course, the casino still succeeds to make a profit as the number of people playing and betting will surpass any amount of money that one player may win.
Casinos, both land-based and online, are primarily geared at enticing players. Land-based casinos offer various attractions, such as hotels and restaurants and different themes, as may easily be seen when visiting the Las Vegas casino hub.
The casino rooms themselves are fancy with beautiful thick carpets and golden machines and the smell of wealth and power. Everything about the casino is designed to entice the player to keep on playing.
Online casino Singapore also aim to do this. They offer sounds and great graphics to attract the players, but they can’t offer the other features that land-based casinos can. In order to entice their players, then, they have come up with various promotions and bonuses that promote the casino and attract players. These may come in the form of free spin, free slot, or no deposit online casino offers.
The Free Promotions
The free spin or free slot offers basically give a player the chance to access free spins on a slot machine in order to play more and, possibly, win more.
These may be given out either as a set amount of free spins or a certain credit or dollar-equivalent of free spins. Free spins are often limited to a particular type of slot machine, and they may come with certain restrictions and wagering requirements.
The No Deposit Promotions
An alternative to the free spin promotions are the no deposit bonuses. These basically allow a player to access a casino without having to put down a deposit, and these may be given out before a player has registered or after a player has signed up to an online casino.
The online casino will basically give the player a certain credit or dollar amount that can be redeemed at the casino. Like the previous promotion, these are often limited to slot machines.
There are generally two types of no deposit bonuses, the cashable bonuses and the non-cashable bonuses. The cashable bonus, as the name suggests, allows the player to cash in the bonus money awarded, as well as to cash in the winnings made using the bonus money. A non-cashable bonus is not redeemable, and this amount will be deducted from any winnings made.
Not Forgetting the Goal
While these bonuses can be a great deal for players, it is best not to forget that the casino’s primary goal is to make a profit. Most bonuses, therefore, come with certain wagering requirements, which must be met in order to access any winnings or even use the bonus.
In simple terms, wagering requirements refer to the number of times the player must wager the bonus amount before being allowed to withdraw any winnings. This can often get quite complicated and players can even end up owing the casino more, so it is important for players to read the terms and conditions and understand all the requirements.
If these are understood, then chances are players can use the bonuses to their benefit and have some fun with them.