An understanding of the relevance of free casino chips must be put in its proper context: are offers of free chips coming from honest online casinos?
The first online casinos opened 15 years ago, and now there are hundreds of them. Estimated numbers vary depending on how many people play online, but current estimates suggest that a figure of around seven million worldwide would not be an exaggeration. With this in mind and with an additional estimate of more than $12 billion spent at online casinos alone (excluding land-based casinos), it is understandable that offers of free casino chips and free casino bonuses are seen as something of a drop in the ocean.
The question of whether these free chips are offered by honest online casinos is an area worth studying and researching.
First, let’s consider what these free casino chips are really worth to the individual online casino player. Free casino chips come in four main types:
No deposit bonus. This is simply free money. Honest online casinos will offer free casino chips with no strings attached, simply to entice people to play at their virtual tables. There will sometimes be minor obligations. For example, the casino may ask for access to credit card details. Always read the terms and conditions.
Matching deposit bonus. To get the bonus, you need to deposit money into the account. Usually, each casino has different minimum deposit amounts. In Swedish casinos, the usual minimum deposit is SEK 100. There are also some casinos with low deposits of 25 or 50 kroner, but unfortunately there are few such casinos on the Swedish market at the moment. It also depends on which payment method the player prefers to use. For example, Paypal casinos may have a different minimum deposit compared to those casinos that accept Swish or Trustly.
Uncashable bonus. This is the so-called “sticky” bonus. It can never be cashed out, but it is useful as long as it stays in your account and allows you to use the bonus account to make higher bets. These free casino chips are latent in your account so that you can do things that you would not otherwise be able to do.
Loyalty bonus. This is exactly what it sounds like. All honest online and offline casinos want to keep their good repeat customers, and as a result will offer loyalty bonuses, including free casino chips.
Remember, online casinos can afford to do this because they simply don’t have the costs that their brick and mortar land-based counterparts do. Likewise, there is no excuse for an online casino not to be honest for exactly the same reason. They can offer free casino games and be an honest online casino in circumstances where the financial burden of free casino would be impossible for their brick-and-mortar counterparts.
So how do we identify which are the honest online casinos and which are not? Well, a lot has changed since the first online casinos set up shop in their offshore locations in 1996. Self-regulation (at best) led to accreditation by bodies such as ECOGRA (E-commerce online gaming regulation and assurance) or the Gaming Authorityin Sweden. Also look for evidence of good customer care, positive feedback from online casino forum members and good customer service. The more honest online casinos will (proudly) offer 24-hour live chat and live email support as well as free phone help. Does it have an email list you can sign up for to keep up to date with the latest tournaments and special offers? Trust is at the heart of any subscription (otherwise people wouldn’t subscribe) so that in itself is a good indicator of an honest online casino.
Transparency of accounting systems is another good indicator of honest online casinos. When posting statements, make sure it comes from more than one set of initials and make sure they have a state or country. Casino online free chips may be virtual in concept, but they are used by real people!
But the best indicator of an honest online casino is through personal recommendation.
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