An knowledge of the relevance of free casino chips must be put into its proper context: are the offers of the free chips coming from honest online casinos?
The first online casinos opened a decade ago, and now you can find hundreds that can be aquired online. Estimates vary regarding the number of people who gamble online, but recent estimates suggest that a figure of around seven million worldwide wouldn’t normally be too much out. Taking that into consideration, and with a further estimate greater than $12 billion spent in online casinos alone (excluding physical land-based casinos), offers of free casino chips may understandably be observed as something of a drop in the ocean.
Add to that the question of if these free chips are being provided by honest online casinos, and we enter a location worth some study or serious research.
Firstly, let us consider what these free casino chips are actually worth to the individual online casino player. Free casino chips are of four main types:
No Deposit Bonus. This is simply free money. Honest online casinos will offer you free casino chips without strings attached, simply to attract people to play at their virtual tables. There will sometimes be minor strings attached. For instance, the casino may ask for credit card details up front. Always read the terms.
Matching Deposit Bonus. This is where the home will match your deposit. Often Joker123 is done in multiples. For example, a 200% bonus means that should you were to deposit $100 then your casino would add $200 in free casino chips back. Very nice! Especially ideal for new players starting out.
Uncashable Bonus. This can be a so-called ‘sticky’ bonus. This may never be cashed, but its usefulness lies in that proven fact that it stays in your account and enables you to utilize the bonus account to ‘leverage’ higher wagers. These free casino chips stay latent in your account only to allow you to do things that you otherwise could not.
Loyalty Bonus. This is often as it sounds. All honest online casinos, and offline ones too, want to keep your hands on their good returning customers, and can offer loyalty bonuses, including free casino chips, due to this fact.
Remember that online casinos can afford to do this because they simply do not have the overhead that their offline land-based counterparts have. Equally, there is no excuse for an online casino Never to be honest for a similar reason. They are able to offer free casino chips AND be a genuine online casino in circumstances where their physical equivalents would discover the financial burden impossible.
So how do we go about identifying which are the honest online casinos and that are not? Well, a lot has changed because the earliest online casinos create shop within their offshore locations in 1996. Self-regulation (at best dubious) resulted in accreditation of bodies like ECOGRA (E-Commerce Online Gaming Regulation and Assurance). Watch out also for proof good customer support, positive feedback from online casino forum members and decent helpline facilities. The more honest online casinos will offer (will actively boast) 24 hour live chat and live email support and toll-free telephone help. Is there a mailing list it is possible to join to keep in contact with the latest tournaments and special offers? Trust lies at the heart of any subscription process (or people would not subscribe) so that in itself is an effective indicator of an honest online casino.
Transparency of accounting systems is another good indicator of honest online casinos. When testimonials are published ensure that it is from more than a set of initials, and make certain they have circumstances or country. Free casino chips may be ‘virtual’ in concept, but they are used by real people!