Why online gambling platforms offer free promotions

If you’re fond of gambling, you’d already know that the biggest difference between online and off-line casinos is the promotions offered by the former. Visit any brick-and-mortar casino and you’re not going to be rewarded with free spins or free bonus offers after you make your deposit. They would simply hand you over the chips (equal to the deposit amount), without any extras.

However, online casinos provide all kinds of enticing promos, including free spins, free money and more, sometimes even without any deposit! Mr Green betting bonus is an excellent example in this regard. It offers all kinds of betting bonuses, whether you prefer classic casino play or betting on your favourite sport. Not only are these apps fully functional, easy to use and free, they have some really killer sign-up bonuses that are hard to say no to. You get a very respectable free 20 pounds to place any sports bet you want with their sports app or you can get a whopping 100 pound sign-up bonus if you go for their casino app. Either way, it’s the sort of deal you just won’t find at any brick and mortar casino, let alone from your old fashioned bookie.

Promotions run by online and off-line casinos
Land-based casinos usually have different types of promotions to keep gamblers on the casino floor. These can include free food, free alcoholic drinks, attractive dealers and various VIP perks for the high rollers. Here’s an example of New Jersey casinos that offer many such perks to their players.

Online casinos aren’t able to offer any such incentives, therefore they provide appropriate online promotions, in an effort to tempt players to sign up and play. Furthermore, there is far more competition in the online casino space as no land real estate is involved. Hence, companies always try to outdo each other through these promos.

All such competition between online gambling portals works to the benefit of casino players as they get lots of stuff for free! Here are some tips you can use to succeed at online gambling, using such money.
Why do online casinos offer such free promotions?
The cost incurred by online casinos to run these free promotions is assumed by them as the client acquisition cost. They treat it as a tiny expense, negligible compared to the amount of money that players normally deposit and play with, on the platform.

This strategy works very well since a fairly high percentage of these people (who avail such bonuses) end up becoming regulars. The promotion cost is recovered in no time! Actually, it’s a win-win situation for both the gambling website as well as the gamblers. It’s not without a reason that the UK gambling industry takes to the tune of £14bn per year from the punters.

The limitations of free money promotions
Please note, the free money promotions usually have certain limitations which are important to ensure that the casino operator doesn’t go bankrupt handing out free money to everyone. After a player avails a no deposit bonus, the online casino would expect him/her to bet a certain amount of money, in order to withdraw any winnings. This amount may depend on the size of the promo offer. It usually varies from 10x at reputed online casinos to 100x at unknown ones.

Online casino operators take this step to essentially combat fraudsters. It also helps them confirm the player identity, and rule out any wrongdoing. At most of these online casinos, the players must supply the casino portal with correct identity documents, before withdrawing any winnings. Hence, always make sure that you have such documents available before availing any such promotions.
Final word
Online casino promotions work as excellent means to try out different platforms in a risk-free arrangement. Although you might not become a millionaire while playing with such free money, you’d at least get an idea if the platform is worthy of its reputation or not.