Online casinos have become big business and revenue from online slots gambling recently hit the £2 billion mark. Even though the online casino market has reached saturation point, new casinos are still opening regularly.
This is despite the huge competition out there. Online casinos are highly profitable business ventures because they are more focused and games like Irish Luck slots give the house the biggest edge over any other gambling games.
Therefore, the more slots an online casino houses, the more likely it is to turn in a tidy profit. However, to do so, casinos still need to attract a steady stream of new punters and the best way to do this is by tempting players through the virtual doors, with a tantalizing bonus offer that is too good to refuse.
Common Bonus Offers
The biggest and best bonuses are mostly reserved for new customers and VIP clients. New customers are regularly offered deposit match bonuses of 100% up to a certain value. A standard offer is a 100% deposit match up to £200 and this means that if you want to take maximum advantage of the bonus, then you should deposit £100 to get another £100 from the casino. Deposit match ups are decent offers because they increase your chances of winning and the extra cash prolongs your stay at the casino of your choice. There are of course plenty of terms and conditions attached to bonuses and these include wagering requirements that require you to play through the bonus cash, a set number of times, before it can be turned into real money. Other clauses include max bet rules applied to each spin when playing with bonus cash and not all games contribute to wagering requirements either. Some casinos take deposit boosts a step further and add free cash to your 2nd 3rd and even 4th deposits, if they are completed in a set time period. The largest casinos set wagering requirements to 40x or lower and this give punters a realistic chance of completing the wagering and banking some cash. Unfortunately, some of the smaller casinos require punters to meet wagering requirements of 60x or more and this would require a huge slice of luck to accomplish.
Free Spins
All punters love free spins and these have become a staple part of online casino bonuses. Free spins are usually given to accompany deposit matches and the free spins are usually given on games of the casino’s choosing. If a large number of spins are included in a bonus, then chances are they are set at the lowest possible stake. If a low number of free spins are included in a welcome package, then they are likely to be at a higher stake. A growing trend is to do away with wagering requirements on free spins and this is becoming the norm at some of the largest online slots casinos.
Other Bonuses
Some casinos give punters free bets and free spins instead of deposit boosts, whilst some of the newer casinos ask punters to deposit and play through a set amount of cash to receive a cash lump sum into their accounts.