Which is the better deal: 10 Free Spins or a $10 Free Chip?

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$20 Free Chip!

A few of our preferred casinos are getting in on the act with Free Spins and a Free Chip bonus. For example, one property might offer 10 Free Spins while a competing casino offers a $20 Free Chip. Which is the better choice for players?

The first thing to know is that it doesn't really matter where you live, the rules for Free Spins and a Free Chip bonus are pretty standard across the board. The real question is this: which of the two bonuses offers you the most value at the time you are ready to claim?

Experienced online gamblers would know the difference between Free Spins and a Free Chip bonus. They might not necessarily know when to choose one option over the other. Someone new to online gambling may not know anything about the two types of bonuses at all.

About the Free Spins bonus

Let us begin by describing each of the two bonuses in detail. The first, the Free Spins bonus, is often a no-deposit bonus. This means you can claim it without having to deposit anything but this rule differs among casinos. Sometimes Free Spins are offered as an extra bonus after making a deposit, such as the $2,500 Bonus + up to 500 Free Spins bonus requiring a minimum deposit of $25, or this Deposit $20 and get 100 Free Spins bonus.

However sometimes the Free Spins bonus is often used to attract new gamblers to a particular site. Upon signing up, a new player instantly has access to those Free Spins, such as this 47 Free Spins no deposit required bonus.

Free spins can be limited to a single slot game or multiple games. Some online casinos let you use Free Spins on any of their slots. Other times, the Free Spins are meant to promote just one game. As such, you would be limited to using the spins on that game.

How Free Spins work

Free spins are exactly as their name implies: an opportunity for you to spin the reels on a slot game as a bonus. To illustrate, let us look at 10 Free Spins on the T-Rex II video slot. This particular slot has 25 active pay lines. For each Free Spin, all 25 pay lines would be in play.

The casino would establish how much is wagered per pay line. You don't get to change the bet because you aren't betting any money. As a side note, you will not actually be spinning the reels either. They will spin automatically for you. Once the Free Spins are completed, your play is over unless you decide to continue playing with your own money.

Winning with Free Spins generates credits deposited into your account. The credits are represented in whatever currency you would normally play with. As for withdrawing your winnings, it all depends on the casino's policies. More on that in just a bit.

About the Free Chip bonus

A Free Chip bonus is generally a welcome bonus as well, but it doesn't have to be. There are casinos that routinely offer Free Chip bonuses just to keep current gamblers coming back. At any rate, a chip bonus is pretty straightforward. Think of a Free Chip as free cash on the house.

Claiming a Free Chip bonus provides you with bonus cash as stated in the offer. For example this $10 Free Chip bonus on offer. This is a no-deposit bonus that players can claim simply by using the promo code 'TENNER'.

Some people prefer Free Chip bonuses like this because they are not limited to certain games. You can use your $10 on virtually any slot game in their inventory. Claiming the bonus essentially puts the credits in your account to be spent as you see fit.

Not counted as a deposit

One thing to remember here is that a Free Chip bonus does not count as a deposit into your account. This matters should you decide to take advantage of deposit-linked promotions at some point later on. For example, you might want to claim a progressive matching cash bonus that gives you cash over a series of six separate deposits.

Claiming a Free Chip bonus would not count as one of your deposits. Why? Because bonus money is casino money, not yours. Your deposits are only the cash deposits you make with your own money. They are kept separate - for accounting purposes - from bonus money.

Withdrawing your winnings

It helps to understand how you can withdraw your winnings before you decide between Free Spins and a Free Chip. There are a number of ways online casinos set this up. Again, it doesn't matter whether you are from as long as the casino accepts players from your country. The rules are pretty standard.

The first set up attaches some sort of play-through requirement to the bonus. For example, the above $10 Free Chip bonus offer comes with the following terms:

The codes holds 50x wagering requirements, with Slots, Keno, and Poker Slots counting as 100% towards wagering completion. The wagering of any portion of this non-deposit bonus on non-slot games is forbidden unless specifically noted otherwise. Max cash out is $160.

Every casino is different so it's a good idea to read the terms and conditions of the Free Spins or Free Chip bonus offer.

When to take the Free Spins

As to the question of which type of bonus is better, there really is no black and white answer. With a $10 Free Chip that you can usually utilize the bonus on any slots game you prefer.

So when do you take the Free Spins? We can think of a couple of scenarios. The first is taking the Free Spins on a slot game you have always wanted to try but never had the opportunity to do so. Maybe you have heard great things about T-Rex II slot. Taking this Free Spins deal allows you take the game for a test drive without committing your own funds.

You might also choose the Free Spins on a brand-new game that just hit the market. Free Spins act almost as a preview of sorts. You get to try the hot new game everyone is talking about before deciding for yourself whether you like it or not.

Finally, you might take a Free Spins bonus because it has a more generous play-through requirement than a comparable Free Chip bonus. More generous play-through requirements mean you spend less before making a withdrawal on your winnings.

When to take a Free Chip

One of the downsides of Free Spins is that they are often limited to specific games. Maybe T-Rex II really isn't your thing. You have played it and decided that it is not a video slot you are terribly interested in. Instead, you choose a Free Chip because they are open to many more games.

There is one thing to pay attention to that could influence your decision: how the Free Chip is awarded. You might be given a single chip that must be wagered in its entirety on a single game. Or you might be given the equivalent of a $10 Free Chip that you can bet across multiple games in different increments. This little detail is critical to making your choice.

We feel it's best to take a Free Chip bonus if you don't want to be committed to just a single game. A Free Chip gives you a bit more freedom.

Claim as many as you want

Online gamblers are seeing more and more opportunities to claim bonuses and promotions. Sometimes they offer Free Spins; other times they give players a Free Chip.

Our recommendation is that you click on the links in this article and take a look at the offers more closely. Even if you don't sign up for all of them, looking around will give you a good idea of all the bonuses and promos out there. Then feel free to claim as many as you want and qualify for. Bonuses and promotions can go a long way toward extending your bankroll.

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