If you are bitcoin casino fun, you might have to heard about free spin. Due to them, both operators and players try to earn money. In the article, we will consider what bitcoin casino free spins are, how to get them and what benefits they bring to players.
Free spins is a bonus wich gives an opportunity to place bets in games in slots, during which no money is debited from the player’s account. They are held at a set rate, which is specified in the conditions for this bonus offer and cannot be changed by the player.
All bitcoin casinos actively use this type of bonus to attract new customers and to increase loyalty to the brand and establishment. You can find a more detailed list of this type of bonus on bitcoin casino reviewers, sites like bitcoincasinotop.com.
What can I get free spins for?
The two categories of accruals should be distinguished at once – no deposit free spins and rewards for replenishing an account. The first option will be more interesting, especially for new players. Moreover, getting free spins for registration as a gift is far from all the possibilities of winning without investments. There are several more relevant ways to earn money on slots without a deposit:
As gift bonuses to current players. Such a bonus is credited by the casino in several cases at once. You can get it for a deposit, frequent play, participation in the “life of the service”, reviews and much more.
Free spins for new players. For registration, deposit, participation in the promotion or the fulfillment of other conditions provided by the casino. As a gift, free spins for installing the service client. Also, “free” free spins can be accrued to the player constantly after a certain time of using such a program.
Special promotions. As a rule, this offer will include actions or investments by a player – a new or regular client of gambling establishments. Bring a friend. This is the name of the promotion, which is common in almost all existing casinos. For attracting new players, you will not only receive a lot of spins, but also other cash prizes on your deposit.
What free spins gives to player?
If we compare the free spins bonus with the demo game, the choice in favor of the first option is obvious. Indeed, in this case, you can hope that you will win and be able to withdraw money. As a rule, these will not be real money, but bonus credits. But over time, you can turn them into real funds, by wagring it.
In short, wagering is the requirement bet amount, such as 500 mBTC. You don’t have to exactly lose that amount. You just need to collect 500 mBTC in bets. When the goal is reached, your bonus funds become real money and can be withdrawn. It should be noted that not the cost of free spins, but the winnings from them, must be won back. In the case of 10 free spins of 0.01 mBTC each, the total value is 1 mBTC.
How to wager money from free spins?
When you’ll get free spins, cash winnings are credited to the bonus account. Funds aren’t available for withdrawal until wagered. The terms and conditions of the bonus are:
- Wager;
- Betting limit;
- List of slots;
- Amount limit for payout;
- Validity.
The wager is also called the “ratio”. It allows you to determine the required amount of bets that you need to place in the machines. This value is obtained by multiplying the coefficient by the amount of money received from free spins. As soon as the wager is reached, wagering will end.
Free spins are spun with the same value of the bet. During further wagering, the player himself chooses how much money to place on the next spin. However, it’s necessary to ensure that the face value of the bet falls within the established limits. Players often neglect this condition and place a large amount, which is why the bitcoin casino managers cancels winnings for the violation.
Also there is a set the maximum amount that can be withdrawn from no deposit. Usually this amount is up to x40 of the total cash winnings from free spins. Therefore, the player immediately sees how much he can withdraw as much as possible. Having reached the limit amount, you can proceed to saving it in bitcoin slots.
The description of the free spins action contains the established wagering period. To unscrew the rotations, it is given from 1 hour to several days. To fulfill the wager, reliable casinos in most cases set a period of 1 week. If during this time the coefficient is not reached, then the balance of the no deposit and the winnings from it are burned out.
