Pros and Cons of Accepting Free Casino Chips
Today, online casinos, especially new ones, heavily rely on no-deposit bonuses to draw new members into the mix. While the sign-up and free spins dominate the no-deposit prizes, free chip bonuses are still precious. You can easily apply free chips to jackpot slot games and most table games. In addition, some free chips are so extensive that it also applies to the live dealer play if your preferred casino has a live dealer.
With free chips come obvious positives, but unfortunately, free chip prizes also have drawbacks. We break down the positives and negatives when considering and using free chip bonuses.
The Benefits of Accepting Free Chips
The clear benefit of accepting free chips is that it frees you from depositing while winning real money. In addition, sometimes, online casinos use a free chip to incentivize new players to register. Also, it is common to receive a free chip bonus as an additional incentive for the welcome bonus. Finally, making the first deposit sometimes leads to a modest free chip prize.
Also, you can receive a free chip as an incentive for using a certain banking method, usually Bitcoin or crypto. If your online casino has a VIP program, it is customary to have a welcoming free chip bonus for each level. The free chip value grows as you ascend through the VIP ranks.
And without any financial risk, free chips enable you to test your strategy for the games, particularly table games. For example, French Roulette involves the most strategies. And unlike free spins, which only work for slot games, you can use free chips to test your table game prowess without risking a cent.
Finally, you can use free chips to sample the online casino. You can try its casino game selection and even interact with customer support to see if you want to commit long-term.
The Disadvantages of Free Chips
Free chip bonuses are much less than free spins and sign-up bonuses. Typically, free chips range from $25 to $75. As a consequence, free chip prizes usually have higher wagering requirements before you can make a withdrawal.
Also, most free chips are limited on the game selection. For example, standard free chip bonuses might work for select slot games or table games. Depending on the particular free chip, it might also work for specialty games like keno.
Another drawback of free chips is the withdrawal limitations. And once you master your gaming strategy for free and manage to win real money, you might be eager to cash out. That's where you might encounter some frustration with free chip limitations. Some online casinos might require an actual deposit before you can withdraw.
And sometimes, if winning came easy via free chips, you might think it would translate to real money deposits. However, having a fixed budget and playing time is wise when making an actual wager. You can at least establish these good habits while using free chips.