What Each Bonus Type Actually Is
Free spins
Free spins are individual slot machine spins that the casino pays for. You play a specified number of spins on a specified game at a set bet amount (typically €0.10–€0.20 per spin). Any winnings are deposited into your bonus balance to be wagered on later. The overall cash value of the spins themselves is low -- 100 spins at €0.10 = €10 of potential action.
Bonus money
Bonus money (or a "deposit match bonus") is a cash credit that the casino gives you in response to a deposit you make. A 100% match on a €50 deposit gives you €50 bonus money -- so you have €50 real cash and €50 bonus money to play with. The bonus money has to be wagered before it becomes real cash but you get to decide how much you bet and what games you play.
Side-by-Side Comparison
| Factor | Free Spins | Bonus Money |
|---|---|---|
| Risk to claim | Low (no/low deposit) | Medium (deposit required) |
| Cash value | Fixed & low (€5–€30) | Higher potential |
| Game flexibility | Locked to 1 slot | Any eligible game |
| Bet control | Fixed bet size | You set bet size |
| Wagering requirement | 25x–45x (on winnings) | 20x–50x (on bonus) |
| Max cashout | Usually capped €20–€100 | Sometimes capped |
| Available without deposit | Yes (no deposit spins) | Rarely |
| Transparency | Terms usually visible | Deposit match terms vary widely |
Realistic Cash Value of Each
Let's put some numbers to both.
100 free spins at €0.10 per spin
- Total spin value: €10
- Average RTP on a free spin offer is around 96%: expected value on winnings around €9.60
- After applying a 35x wager requirement: need to wager €336
- Playing at €1 per spin: will take 336 spins to clear
- Maximum cashout is often capped at €50
- Realistic outcome: €0–€50 depending on luck and how much you lose while wagering
100% deposit match up to €100 (bonus money)
- You deposit €100 with a casino you trust and they give you €100 in bonus money: total €200 to play with
- Wagering amount: 30x on just the bonus = €3,000 total wagering requirement
- Playing at €2 per spin: will take 1,500 spins to clear
- Average RTP: same loss as above -- significant
- You keep your deposit throughout -- the bonus is just an extension of play time
- Realistic outcome: The bonus money never truly converts; it's far more valuable as an extended playtime credit
When Each Type Is Better
Choose free spins when:
- You want to try out a new casino without having to deposit much or anything at all upfront
- The wager requirement is set at 25x or below
- There is no, or set at a high, maximum cashout cap
- You have a particular interest in the slot that the free spins are valid for
- You want a clear trial with a trustworthy casino but without excessive risk
Choose bonus money when:
- The percentage of the deposit match offered is set at or above 100%
- The wager requirement applies only to the bonus and not to the total of both your deposit and bonus combined
- You wish to play over a long period and want to jump from game to game
- The minimum deposit required is small and you can easily absorb the loss
- There is no, or set at a high, maximum cashout cap
The Verdict
There is no universal winner. Free spins with a low or no deposit requirement and with no maximum cashout cap offer real value with limited risk. Bonus money offers more flexibility with higher potential returns but requires a real money deposit and much greater wagering requirement.
For most players looking to try out a new casino, no deposit free spins offer the lowest risk starting point. For players who already trust a casino and want to stretch their bankroll as far as possible, a deposit match can maximize what you can play with over time -- but the wagering terms should be scrutinized first. You can compare offer details for verified deposit based bonuses on our pages for 100 free spins and 50 free spins.
The best bonus offer is the one whose terms you can actually meet! A 10x wagering free spin offer beats a higher value offer any day -- especially a 50x wagering deposit match requirement.
Compare Free Spin Offers
Check out our current offers for verified free spin offers, wagering terms, expiry and bonus codes all posted up front.