From wagering requirements to no free spins, this post explains why players lose winnings from free spins and offers tips for what you should do instead.

Keep the Winnings From Free Spins: Is It Possible?

Today, there are over 2100 casino websites where Canadians can play their favourite games. Due to this high competition, casinos generally feature attractive offers such as 80 free spins bonuses to attract new customers and retain existing ones.

Free spins are one of the most popular bonuses players can enjoy in online casinos. Everyone loves them, as they give players chances to play and win real money. This article will explore a free spins bonus, how it works, and how you can keep your winnings with the offer.

What Are Free Spins?

Free spins are a popular type of casino bonus which allows players to play slot games without risking their own money. Apart from allowing new players to play and win free, these bonuses also enable them to try out casino games and see if they like them before making a deposit. Usually, these bonuses are part of an online casino’s welcome bonus package to attract new players.

Free spins can also be awarded as a standalone offer, triggered in several ways, such as landing a specific combination of symbols on the reels of slot games or simply logging in to the casino daily. The casinos can give this type of free spin bonus or come with the slot game itself. Below are the five main categories of free spins:

• No deposit free spins;

• Wager-free free spins;

• Deposit free spins;

• Play money-free spins;

• Real money-free spins.

We’ll explain each of these better later on in the article.

Free Spins and Wagering Requirements

While the idea of free spins sounds impressive, you must remember that online casinos are profit-oriented ventures and are not out to give free cash to their customers. Therefore, while you can’t lose money with these bonuses, you may not necessarily profit from them. This is where wagering requirements come in.

A wagering requirement refers to the number of times you have to wager through a bonus before withdrawing it from the casino. Every online casino bonus has a wagering requirement, but the ones for free spins work slightly differently from others. The rollover requirements in free spins apply to the winnings you have made after playing with the bonus.

For example, if the wagering requirements are 40x and you have won $100 from your free spins, you would need to play through a total of $4,000 before withdrawing your winnings, provided each spin is worth $0.1. This means the more flexible the requirement is, the higher the chances of keeping your initial winnings. 

Can I Keep My Winnings From Free Spins?

As mentioned above, the wagering requirement is the most significant factor determining whether a free spins offer is worth it. Often, the bigger the offer, the more stringent the needs and the conditions attached. You’ll agree that being able to keep your winnings is better than a load of free spins made valueless by tight requirements; hence, the bigger is only sometimes, the better. Therefore, it is advisable to prioritize a lenient wagering requirement over the offer’s attractiveness. So avoid past igaming mistakes and be attentive to what you do.

One of the essential tips in finding free spins that will help you keep your winnings is reading the terms and conditions of your preferred online casino as carefully as possible before taking any offer. Instead of relying on online information, you should read the information on a casino’s page regarding its free spin offers before signing up to play.

In addition, some casino games contribute more towards meeting the wagering requirements than others. You should also choose a casino game you enjoy for a worthwhile experience.

Your Choice of Casino Matters

One factor that determines your overall success in online gambling is your choice of a casino site. This also applies to keeping the winnings you make from free spins. There are almost endless options for online casinos today, and this only shows that not all are worth signing up at. First, you must choose an online casino with a valid license from recognized regulatory bodies in the industry, such as Malta Gaming Authority, UK Gambling Commission, Kahnawake Gaming Commission, etc.

A valid license means your preferred casino must only provide safe and fair services. Besides a license, you must also ensure that your casino has a reputable track record for honest and fair services. Also, some online casinos may have hidden terms and conditions that make it difficult for players to withdraw their winnings. Therefore, you must read reviews and feedback from existing users of the gambling platform you’re planning to sign up with, and generally understand why and when to gamble.

No Wagering Free Spins

As mentioned above, there are different types of free spin offers. For example, some casinos offer no deposit free spins, allowing Canadian players to enjoy free spins on their favourite slot after registration without depositing a dime. On the flip side, deposit free spins require a player to make a first deposit before free spins are loaded into their accounts. Then there are no wagering free spins, where casinos relieve the player of any wagering requirements, and any winnings from the offer are directly withdrawable.

No wagering free spins are becoming increasingly popular among casino sites as they offer players a more direct and less restrictive gaming experience. It is noteworthy that these offers may not be as attractive as ones with wagering requirements. Also, they may be restricted to certain games or have a maximum win limit. However, they are one of the best ways to keep your winnings.

Conclusion

It is possible to keep the winnings from free spins. However, it is essential to read the terms and conditions of any free spins carefully before accepting them and to be aware of any restrictions or conditions that may apply. Remember, the most attractive offer is only sometimes the best one. So while free spins with low wagering requirements are less massive than the ones with tight conditions, they may be more valuable in the long run.

In addition, ensure you only sign up at a licensed online casino with an excellent reputation for fair services and no hidden conditions that make withdrawing winnings difficult. Lastly, players can also look for Canadian casinos that offer no wagering-free spins as part of their bonuses and promotions. These casinos allow players to keep all winnings from the bonus without wagering through any requirements.