You’ve probably come here expecting to see our ‘50 free spins, no deposit’ promotion, right? Well, after careful consideration we’ve hit upon a much better way of looking after our new customers. Our brand new promotion does away with wagering requirements altogether!
All you’ve got to do is deposit £50 and 50 spins will be activated once you launch a game, in fact you get 10 free spins for every £10 you deposit up to 50. These spins can be used on the legendary, blockbuster NetEnt title Starburst.
We recognise that it can be difficult to choose which casino to join online. At Red Spins, we believe we are the best and have hundreds of online slots, table games and live casino games to choose from. But we also want to offer our new customers a chance to kick the tyres first as it were. This is why we think 50 free spins and no wagering is the best way to go! So you’ll now be able to get a true feel of our award-winning site and enjoy the luxury of cashing out any winnings you generate while playing.
As an alternative to the 50 wager-free spins, we also feature a welcome promotion offering a 100% match up to £200 for minimum £10 deposits. This can also be used on selected slots. (Full Terms Apply).
But the fun doesn’t stop there; we run weekly, monthly and seasonal offers and promotions for our existing players. We add new games to the lobby every month and our loyal players get invited to our VIP event. At Red Spins it gets better and better. Join today and be part of the fun!
Our old promotion, which featured 50 spins and no deposit required, was subject to wagering of x30. In comparison to our competitors, many of whom impose much higher play-through rules, we thought this deal to be pretty fair. But there was certainly room for improvement. Here’s why we came to this conclusion.
Wagering for free spins kicks in once all of the spins have been used up. Say for example you won £5 through our previous offer and you had no spins left. The x30 wagering rule means that you’d have to spend at least £150 in order to clear the bonus and turn it into withdrawable funds. On top of this, the maximum win generated from these spins was capped at £20.
Although there’s nothing particularly unusual about this kind of arrangement, it was clear that we could go further in providing our customers with better value for money. And we think our new wager-free offer ticks this particular box rather well! For those of you unfamiliar with how free spins work, here’s a primer.
Free spins are online casino bonuses that have become massively popular among players because of their potential to dramatically increase winnings. They’re also a great way to familiarise oneself an online casino. There are generally two kinds: no deposit free spins and bonus free spins.
Our original offer of 50 free spins with no deposit falls under this category. In most cases, registration is all that’s needed for eligibility. Once this is completed, the spins are automatically activated. While these types of incentives can generate winnings, they tend to be locked in until wagering is completed.
These kinds of free spin wager free promotions are being offered by more and more casinos (including Red Spins). Because they don’t have any play-through rules, you get to keep your winnings and withdraw them without any concerns about wagering. All that’s needed is a small deposit.
In some instances, the amount of free spins available to the player depends on how much they deposit. For instance, our free spins promo requires a minimum of £10 in order to active the spins. But to cater for a wider range of budgets we also include a similar offer for deposits between £10 and £50, with you getting 10 free spins for every £10 you deposit.
Ok, so we’ve pretty much covered the ins and outs of free spins. So what about wagering?
Wagering or play-through rules as they’re sometimes known are used by the vast majority of online casinos and are attached to all manner of bonuses, promotions and incentives. To satisfy these rules, the customer has to play through a bonus a certain number of times before any winnings can be withdrawn. This was the case for our previous ‘50 free spins no deposit’ incentive, in which wagering rules were applied to the actual winnings generated from bonus spins.
For some reason this is a question that’s got plenty of people scratching their heads. But the answer is simple. For an online operator to offer its customers a promotion, it has to take certain steps to protect itself. Say for example, a casino offers a 100% match of up to £500 on first deposits. Without wagering restrictions a player could sign up, deposit £500, bag the additional £500 and then disappear off into the sunset with the loot. It therefore makes sense for an online casino to apply these rules. But there is a limit to what is generally considered to be an acceptable wagering rate.
Because of the competitive nature of the industry, online casinos are constantly trying to find new ways of attracting customers. Unfortunately, certain operators peddle what seem to be extremely generous promotions at first glance. However, a closer look at the T&Cs often reveals outrageous wagering rules that can be as much as x70 – rather harsh if you consider that our previous offer only needed to be played through 30 times.
Unsurprisingly, these types of ‘incentives’ should be avoided like the plague because they go above and beyond what wagering rules were originally intended for – to protect online casinos from promotional abuse. In most instances, these harsh rules exist purely to prevent players from withdrawing winnings.
Thankfully, regulatory changes, not to mention more clued-up players, make it more difficult for disreputable operators to deceive customers. There’s also a greater demand for wager-free promotions among players which has got plenty of online casinos, Red Spins included, removing their wagering rules for some of their promotions.
Although we’ve removed wagering rules from our new welcome offer, we still apply them to some of our other deals. For example, our alternative welcome deal comprises a 100% deposit bonus of up to £200, of which both the deposit and bonus are subject to x40 wagering. We consider this a pretty competitive rate for the simple fact that it’s lower than the wagering requirements found on a sizeable number of online casinos. But what actually constitutes ‘acceptable’ wagering rules?
Many players would argue that no wagering represents a fair deal. However, we’d suggest that anything above x60 should be treated with a strong degree of caution, if not avoided altogether, for the simple reason that you’ll be hard-pushed to meet these requirements.
While promotional terms vary between operators, there are a few caveats that tend to be the same. For example, the majority of online casino promotions can only be redeemed by one player per household – a logical stipulation that protects operators from players with particularly large families! Operators enforce this particular caveat by recording and studying player IP addresses. Then you’ve got time limits which are among the most important considerations of all, especially when it comes to wagering.
Time limits are almost always applied to promotions with some operators even requiring a punitive 24 hours in which to satisfy wagering rules. We say punitive because 24 hours is usually an extremely unrealistic time-frame in which to meet play-through requirements. There are of course exceptions but should you come across such a rule, be sure to carefully analyse the offer to which it applies.
Thankfully, the majority of offers come with sensible time limits that provide players with sufficient breathing space to satisfy wagering rules – for welcome promotions, 30 days is pretty standard throughout the industry. With that said, it’s worth keeping in mind that operators can set whatever time limits they wish, provided they mention it in their terms and conditions. So it’s absolutely crucial to familiarise yourself with these limits because they can have a major impact on the value of a promotion as well as the feasibility of completing the wagering in time.
Weighting is another important condition that describes the total percentage of a player’s stake that goes towards wagering. So for a game with 80% weighting, of every £10 staked, £8 counts towards wagering rules. For online slots, this isn’t an issue because more often than not, they contribute 100%. Things are different when it comes to casino table games though which tend to consist of lower weighting percentages. Most roulette and video poker games contribute just 10% while live casino games hover around the 15% mark. These can have a big impact on your prospects of meeting time limits and should be factored in before activating a promotion. This is why we recommend taking advantage of our no wagering free spins offer which we’ve created for use with online slots.
Many online casinos include promotional T&Cs. These are different to general terms and conditions, providing information about the specifics of each promotion. When done properly, they offer players clearly-defined stipulations that are easy to understand and comprehend.
Here at Red Spins we think this is particularly important because we want to treat our customers fairly and keep everything above board. Accordingly, we make every effort to ensure that our T&Cs are unambiguous and clear. Links to our terms can be found throughout the site. We recommend that you read through them at least once, taking into account some of the following points:
Hopefully this information has provided you with insights into the mechanics of online casino promotions. Once you’ve garnered a more thorough understanding of the myriad of offers touted by virtual casinos, you’ll be better placed to spot some of the best online casino deals. Speaking of which, here’s a recap of our brand new welcome offer.
As stated above, our new welcome offer features 50 bonus spins for deposits of £50. We also think it’s important to cater for all budgets. So we’ve included 10 free spins for every £10 deposited up to 50 free spins, completely free of wagering restrictions which means that you’ll be able to sample our games and get used to the Red Spins platform in the full knowledge that your winnings won’t have to be played through.
Visit our game lobby now to get an idea of the types of online slots and traditional table games that we offer. We currently feature over 400 titles from a host of big-name developers such as Netent and Microgaming. Our lobby is constantly being updated with the very latest games so be sure to check back regularly.
Posted On: 10/07/2017
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