Free spins offers
Free spins are the easiest offer to price and the easiest to overvalue. Fifty spins means nothing without the spin value, the game they run on, and whether the winnings arrive as cash or as bonus funds.
Written by Imogen Hartley
5 min read
Top rated online casinos
Live Casino, Sportsbook, Jackpots, Tournaments, Bonus Store
EUR
Play now 18+ · Please gamble responsibly
GBP, EUR, USD, BTC, ETH, …
Show more Show less
Play now 18+ · Please gamble responsibly
GBP, EUR, USD, BTC, ETH, …
Show more Show less
Play now 18+ · Please gamble responsibly
GBP, EUR, USD, BTC, ETH, …
Show more Show less
Play now 18+ · Please gamble responsibly
GBP, EUR, USD, BTC, ETH, …
Show more Show less
Contents
How to price a spin package in one line
Spin value times spin count gives the stake being gifted. Multiply by the RTP of the named game for the average return. Fifty spins at 20p on a 96.5% slot is £10 of stake returning about £9.65 on average, before any wagering is applied.
That figure is the honest ceiling on what the offer is worth. Everything in the terms below it only reduces the number: wagering, max win caps, game restrictions.
Cash or bonus funds decides everything after
If winnings are paid as cash, the package is worth roughly the figure above and can be withdrawn. If they arrive as bonus funds at 40x, the same package requires £386 of turnover on a £9.65 average win before anything can leave.
The terms always say which, usually in one line near the bottom. It is the first thing worth finding and the last thing most players look for.
The named game is not a detail
Spins are almost always tied to a specific title, chosen by the operator in agreement with the studio. That game decides the volatility of the package: fifty spins on a very high volatility slot will usually return nothing at all, with a small chance of returning a lot.
For a small package, a lower volatility game gives a far more predictable result. Where you have a choice between two offers, the named game matters more than the spin count.
Free spins offers: what we like / what could be better
What we like
- Simple to value: spin count times spin value times the RTP of the named game
- Frequently attached to a small deposit, so the entry cost is low
- Some packages pay winnings as cash with no wagering at all
- A cheap way to see a bonus round on an unfamiliar title without choosing the stake
What could be better
- Spin value is set by the operator and is usually at the low end, 10p to 20p
- Winnings paid as bonus funds carry the full wagering requirement of a cash bonus
- Restricted to a named game, which may be a very high volatility title
- Often expire within 24 to 72 hours of being credited
Frequently asked questions
How much is fifty free spins actually worth?
Spin value times fifty times the RTP of the named game. At 20p on a 96.5% slot that is about £9.65 on average, before wagering. The variance around that average is wide on a high volatility title.
Do free spin winnings need wagering?
It depends on the offer. Some pay cash directly; most credit bonus funds carrying the standard multiplier. The terms state which, usually in a single line.
Can I choose which game to use them on?
Rarely. Spins are tied to a specific title agreed between the operator and the studio, which is why the named game is worth checking before accepting.
What happens to free spins I do not use?
They expire, commonly within 24 to 72 hours of being credited. Unused spins are not compensated and are not usually reissued.
What is the value of a free spin?
Set by the operator, commonly 10p to 20p, and it is not your choice. Fifty spins at 10p is a five pound stake regardless of the game normal bet range.
Do free spin winnings carry wagering?
Usually yes, applied to the winnings rather than to a bonus amount. Where the offer says no wagering, the winnings are cash immediately.
Can I use free spins on any game?
No. They are tied to specific titles, which is part of how the promotion is funded. Substitutions are not available.