History of Deposit Bonuses
The popularity of casinos has steadily increased since they were introduced in the mid 90s. Nowadays gamblers are drawn to casinos because of their convenience allowing them to gamble anytime and anywhere with yours computer or mobile device and an internet connection.
History of Deposit Bonuses
Online poker, slots and blackjack are some of the games that were first introduced in casinos. In years the industry has become highly competitive with an increase, in the number of online casinos. To attract and retain customers amidst this competition casino brands have adopted strategies. One common approach is offering bonuses to entice players and reward loyal ones. In the days of casinos (late 90s to early 2000s) only a few types of bonuses like free spins, match bonuses and loyalty rewards existed. However as more players entered the scene online casinos had to introduce bonus options. The growth of the casino industry can also be attributed to advancements in technology such as smartphones and faster internet connections that allow players to enjoy casino games from anywhere. The increasing popularity of devices, between 2010 and today have further fueled this growth.
Online casinos have been compelled to become more generous, in players with bonuses due to their growth. Many online casinos now offer players a bonus even before they make any deposits. These welcome bonuses are primarily designed to attract and entice players to join the casino. The idea is that if players have an experience playing games at a particular casino they will likely be motivated to deposit real money in order to continue enjoying that experience. The availability of no deposit welcome bonuses on designed casino websites and games has contributed significantly to increasing their user base. There are types of no deposit bonuses offered to casino players and these offerings constantly change due, to competition and evolving regulations. Before delving into the details lets explore the evolution of this strategy over time.
Bonus Codes
In the days of casinos players used to download software to access their favorite games. One of the pioneers, in this industry was Windows Casino, which provided a CD ROM for users to install on their computers. This casino utilized RTG software. Introduced a strategy to entice players. In collaboration with the software provider they included a coupon code with each CD purchase allowing players to experience the casino for free. The value of the coupon code was $5 and players who created an account could redeem it. Windows Casino quickly gained popularity worldwide due to its bonus code offering contributing to the rise of bonuses to attract players to online casinos. Nowadays since CD ROMs are nearly extinct many casino websites allow players to directly enter these codes in their cashier section-be it on the website itself, through software or even mobile apps.
Auto Credit & Free Spins Bonus
After the RTG casinos achieved success other operators also started offering no deposit bonuses. Playtech and Microgaming casinos joined in with auto credited bonuses that didn't require any coupon codes. New players receive bonus cash soon as they finish the registration process without the need, for any codes. This makes it easier for players to sign up and try out the casinos without making a deposit. Following the introduction of freerolls and other online poker sites in 2003 online casinos began introducing spins bonuses. These bonuses gained popularity due, to the rise of video slots and technological advancements. When new players registered with a casino they were given a fixed number of spins on a slot machine. The success of spins offers prompted casino operators to combine them with deposit bonuses. In years non wager free spins have become quite popular too. With these spins players can keep whatever they win and cash out their winnings immediately without worrying about meeting any playthrough requirements.
Free Roll Tournaments, Free Bets & Time-Based Bonuses
Back, in the 2000s online poker sites gained popularity. Inspired by the success of casinos free bonus offers these poker platforms introduced their version called "poker freerolls." These freerolls were tournaments where players could participate and win real money. Although the software wasn't considered notch at the time they utilized TV advertisements. Even pitched their own show in 2003. Surprisingly it worked well. Freerolls continue to be popular even today. Not wanting to miss out on all the action online sportsbooks also hopped on the no deposit train. Began offering sports bets to new account holders.
While the no deposit cash bonus was effective it mainly allowed new players to play slots or scratch card games. However leading software provider Microgaming came up with an idea-a time based no deposit bonus. This unique concept allowed players to receive money for a specified period of time to play any game they desired in the casino while keeping their winnings intact. With this time based offer registered users received a substantial credit balance and an hour to enjoy as many games as they pleased.
Initially there were no limitations, on the types of games players could enjoy. They even had the opportunity to keep their winnings up to an amount once they fulfilled the betting conditions. The offer of time proved to be incredibly successful. An astute marketing strategy. However regrettably a few players managed to cash out any winnings. This was mainly due to either losing their credits before the allotted time expired or being unable to meet the wagering requirements, for withdrawing funds. Although not as prevalent these days some players still seek out free time bonus codes. Since then free chips and free spins have become dominant in this arena.
Free Spins
Free spins are very popular in todays casinos, much more they were some years ago. They're very often a very dominant big force at casinos. There are three generally different types of them for you to always look out for.
First Deposit Free Spins
This offer was initially adopted by casinos and continues to be popular today. The goal was to attract players by incentivizing them to sign up and make a deposit. In return the casino would reward them with spins that could be used on a selected game from a software providers range of slots. While this may have seemed enticing for players receiving games the wagering requirements often prevented players from making a profit. Additionally free spins can also be included in reload bonuses so players to make deposits at the casino. Another offered promotion, at online casinos is the Game of the Week, where players can receive free spins on a newly released slot machine by making a deposit.
No Deposit and No Wagering Free Spins
Given the growing number of casinos operators needed something to distinguish themselves from their competitors. This led to the introduction of the no deposit bonus in casinos. With this bonus players could enjoy playing casino games for free and even win money without having to make any deposits. It quickly became a hit with spins, on NetEnts Starburst slot remaining one of the popular offers. Although no deposit spins still come with wagering requirements they are still highly appealing because new players can play games without any cost involved.
For the players there is nothing to lose. All it takes is one lucky spin for them to strike it big. The latest version of free spins bonuses, known as "nowagering spins " eliminates the need, for wagering requirements. While most offers for wager spins require players to make a deposit a few operators have been generous enough to offer them without any deposit requirement. The greatest advantage of this type of free spins offer is that any winnings obtained can be instantly cashed out and withdrawn. However it's worth noting that most operators do have a payout limit, in place.