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How to Pick the Perfect Welcome Offer for Your First Bet
Choosing the Best Bonus for Your First Game
Getting the most out of the best casino bonus virtual gambling experience depends on picking the correct bonus offers. Grabbing the first available option is only sometimes the best strategy. It’s essential to weigh various aspects, including the potential payout, the maximum bet, and whether or not the slot games on offer are the ones you prefer.
This piece will review some practical pointers that should help you decide on the best option. We will speak about the ways to find the best online casino bonuses, but first, let’s determine the top rewards.
Top Casino Bonuses and Promotions
| Deposit Match Bonuses | They are offered to new players and are the most apparent online slots advertising. When you take advantage of these deals, the casino will add a bonus to your account equal to a particular percentage of your initial deposit, up to a maximum amount. |
| Free Spins Promotions
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Free Spins are a standard sort of online promotion. These are common in slot machines, and the bonus feature that they’re part of means you may play without risking your own cash. Most gamers would jump at the chance to make money without putting themselves in harm’s way. In addition, it’s a fantastic method to get some experience under your belt before jumping headfirst into any game. |
| No Deposit Bonus Casinos
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Maintain an eye out for No Deposit Bonuses while you search. There is no need to deposit to get this bonus, and the sum is minimal. It’s like having unregulated access to a generous bankroll full of spare change. The amounts offered as no-deposit bonuses are often meagre. However, Canadian players looking for a risk-free taste of the casino scene love them. |
Review the Regulations Regarding Bonuses
Reading up on the various top-rated virtual casino bonuses available is a perk in and of itself. Sticking with trustworthy sites is the surest method to receive your money’s worth. Each of these websites has a solid marketing infrastructure and stringent privacy rules. The top customers at several sites are often rewarded with bonus spins on cutting-edge redesigned slot machines.
That’s the height of sophistication for most gamblers. Before signing up, look at the fine print of your preferred casino’s terms and conditions. Although seemingly trivial, they may help you avoid problems. Make sure you research the finest deposit bonuses before you put down any cash.
Review the Betting Policies
No matter your experience with secure online casinos, and you should always check the wagering requirements before taking a bonus. You need to know the regulations to avoid ending up with less money. You may be required to forfeit your bonus and any winnings in certain circumstances.
You must first meet the casino’s wagering requirements to cash out any winnings from your web casino bonus money. A weighted average of the contributions from each game determines the total number of bets you must make.
Be Sure to Verify a Casino’s Safety and Authenticity Before Playing There
Make sure the casino you pick has a current and legitimate gambling license such as those issued by the Malta Gaming Authority. For everyone’s peace of mind, a casino license is required. The interested players’ rights are protected, including their financial investments.
Typically, a casino’s license will be listed at the base of the webpage. You may even see the logo and legal information on specific casino sites. Without proper authorization, a casino should be avoided. To ensure the safety of their customer’s personal information and financial resources, legitimate Canadian casinos must adhere to strict laws and regulations.
Audits by regulatory agencies are also a requirement. These examiners examine such aspects of the recommended website as its security, the safety of its users’ financial data, and the efficiency of its payment system.
Check Validity
Bonuses at online casinos sometimes come with various strict “time” constraints and standard wagering requirements. Before accepting a bonus, ensure you know how long you have to use it or it expires. Understanding how soon you need to meet the wagering requirement to enjoy the casino bonuses will become crystal evident after reading this.
Choose the No Deposit Bonus
There are few casino incentives more sought after than the no-deposit bonus. The top Indian online casinos provide participating players with a risk-free environment to try out new casino games and also have the potential to pay out in the form of substantial winnings. The free money bonus is the most prevalent kind of no-deposit bonus. It is a kind of advertising often included in membership or loyalty programs.
In most cases, it’s an unrestricted sum of money that may be utilized in an online gambling industry. It could need a down payment or a secret code before you can get it. The free spins bonus is another kind of no-deposit bonus that is very well-liked by players. It is often given out for free as a reward for completing leaderboard competitions.
The Benefit of Looking for Bonuses Is the Opportunity to Put Your Own Money to Work
It is wise to think about bonus hunting in Canada before putting in a real money wager to reap the rewards described above. The following is a simplified instruction manual:
- To find betting incentives, you should look them up online and read reviews.
- Sort the bonus offers by minimum wagering requirements to get the best deals.
- Please review the bonus agreement carefully.
- Create an account on your preferred gaming entertainment site and activate the bonus (if you already have an account, log in and opt-in for the offer).
- To get the bonus, you must agree to and fulfil the bonus terms and conditions.
- Taking your bonus money and running to find another deal is a good idea.
Conclusion
To begin, bonuses shouldn’t be at the top of your list when deciding which trusted online casinos to play at. However, they are a significant variable since they either allow you to test out a lot of rooms without spending any money or provide you with a considerably more substantial stake than you would have if you had just used your own funds. Your newfound knowledge will improve your odds and help you win more often.
There are many betting websites to choose from, so it’s important to do preliminary research using our guide to ensure the casino is reputable, safe, and has promotions that fit your gaming options.
FAQs
How beneficial is it to go on a bonus hunt?
Finding ways to earn extra money is a good investment. Bonuses are a great way to boost your chances of winning without putting more of your money at risk. You may also generate money with no upfront costs by taking advantage of other deals. You can only take advantage of great deals if you actively seek them out. We advise that you search for deals as often as possible.
Is it preferable to have a solid loyalty program rather than a bonus hunt?
That is not usually the case at all. Most loyalty schemes provide meagre payouts relative to the total amount bet over a specific time frame. Therefore, you must continue placing larger bets on the gaming site to increase your earnings. Bonus hunting, on the other hand, enables you to take advantage of deals across numerous platforms without seriously committing to playing on those platforms regularly.
How can one know whether a bonus is worthwhile?
A good bonus seems likely for several reasons. First, if the player fulfils the bonus’s requirements, they earn a lot of money. Second, the wagering requirements are reasonable, so players may expect to make a profit after claiming the bonus. Third, the bonus should provide sufficient time for participants to fulfil the bonus requirements. Players should be able to wager on various sportsbook game types.
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Stake Colombia Partners with NetRefer for its Casino and Sportsbook Affiliate Marketing Platform
Stake Colombia, the Latin America division of Stake, has entrusted its Casino and Sportsbook brands to NetRefer’s Affiliate Marketing Platform.
Colombia serves as Stake’s operational base for expansion throughout Latin America. Their influence in the booming LatAm iGaming market began in 2023, through the strategic acquisition of Betfair Colombia and its license. “Expanding into the Colombian market is a strategic decision that aligns perfectly with our vision for growth and innovation,” said Brais Pena, Chief Strategy Officer at Stake.
This vision underscores Stake’s commitment to establish itself as a key player within Colombia’s market, increasing the assertion of the nation’s status as a home for innovative foreign investments.
Stake has multiple high-profile sponsorships, and missing the iGaming giant is almost impossible. It sponsors the likes of Everton FC, the UFC Franchise, and now in 2024, they announced their biggest move to date: their very own Stake F1 Team. The company’s redefining of brand partnerships also includes a deal with Megastar rapper Drake. Now, with the establishment of Stake Colombia, the company is accelerating its massive influence in the LatAm market.
In iGaming, it takes more than high-profile sponsorships to get to the top and stay there. To win that battle, Stake Colombia has an armada of popular Casino Games, Slots, Live Casino, Blackjack, and Drake’s favourite, Roulette, to accompany its extensive Sportsbook and keep the iGaming business skyrocketing to success. Apart from providing their customers with world-class games, how-to guides, and display boards promoting the best paying-out games, their easy-to-use platform allows players to place bets on various sporting events with minimal clicks and effort.
Stake works hard to maintain its dedication to fair play, legal operation, and transparency. This is demonstrated in their verified status with the Crypto Gambling Foundation and projects to promote responsible gambling. Their status as a ‘Crypto Casino’ is backed by all the cryptocurrency giants, such as Bitcoin, Ethereum, and Dogecoin, to name a few, in the jurisdictions in which this payment method is allowed.
Also noteworthy is the company’s commitment to security. State-of-the-art encryption methods and 24/7 customer support come as standard with Stake Colombia. Their priority to maintain player satisfaction is achieved through unique reward programs and campaigns, including their superb betting events with the rapping legend Drake, enhancing a better gambling experience and contributing to overall affiliate commission earnings.
Being a Stake.com.co Affiliate means earning commission for all bets placed on its Casino and Sportsbook, which, unlike traditional affiliate programs, means earning money even if players win. This ability to go above and beyond industry practices in various sectors has surely paid dividends to Stake’s rise to power.
Stake Colombia has partnered with NetRefer as their Affiliate Marketing Platform provider with Casino and Sportsbook brands. NetRefer expresses its delight to have such a renowned market leader join their client portfolio and become part of their journey to continued success.
Become a Stake Affiliate: https://stake.com.co/es/afiliados-resumen
Learn more about NetRefer: https://netrefer.com/
In March 2024, Bitcoin soared to a historical high, nearing 70,000 euro per coin. How does this impact the iGaming market? Being a tech company with over 15 years of experience and an innovator in crypto iGaming software development, SOFTSWISS shares anticipations in its quarterly crypto analysis.
Over 220 brands powered by the company engaged in crypto transactions during the first quarter of 2024, which is 12% higher than the previous quarter. SOFTSWISS experts analyse the data gathered from crypto-friendly brands by employing extrapolation, comparative, and correlative analysis.
iGaming Market Overview: Unveiling Anticipated Growth
The size of the global online gambling and sports betting industry is expected to rise significantly and exceed 170 billion euro by 2032, according to Statista. Based on SOFTSWISS data, the iGaming market has demonstrated a stable pattern of growth year after year.
In absolute terms in euro, the Total Bet Sum grew by 5.8% in the first quarter of the year compared to the last quarter of 2023. Analysing the year-on-year increase, comparing Q1’24 with Q1’23, the growth is more impressive, showcasing a 47.2% boost.
Simultaneously, the Total Bet Count, both fiat and crypto, displayed a slightly larger gain in the first quarter of 2024 compared to the previous quarter, surpassing 6.1%. The indicator’s year-on-year boost is much more notable, revealing a 57.2% increase.
The popularity of iGaming in recent years has been fuelled by its global reach and accessibility due to constant technological advancements. On one hand, the quality of internet connectivity continues to rise, while on the other, new payment methods are emerging, simplifying payment procedures.
The in-depth quarterly analysis, ongoing since the beginning of 2022, reveals that fiat bets are undergoing more substantial growth compared to crypto bets. In Q1’24, the Fiat Bet Sum increased by 6.9% compared to Q4’23, while the rise of Crypto Bet Sum was at 2.4%.
The more active growth of fiat bets led to a slight decrease in the share of crypto. In the first quarter of 2024, the crypto share in the Total Bets Sum settled at 24.4%, decreasing by 0.8 percentage points (p.p) compared to the last quarter of 2023.
What is the State of Crypto in iGaming?
Analysing crypto bets, it is crucial to highlight that almost 93% of them are facilitated through the in-game currency conversion tool, which is gaining traction. This mechanism allows operators to engage players with cryptocurrency assets in games initially tailored for fiat only. Operators that adopt such options are gaining more competitive advantages in the market.
While the Q1’2024 Crypto Bet Sum shows a moderate 2.4% growth compared to the previous quarter, the year-on-year analysis demonstrates a 20.8% increase. The Crypto Bet Count remained unchanged in Q1’24 compared to the previous quarter’s indicator. Simultaneously, the metric increased by 21.3% year-on-year. The figures speak volumes, showcasing a consistent interest among players in crypto gaming.
“The lack of a substantial increase in the number of crypto bets during Q1’24 can be partly attributed to the significant rise of the Bitcoin exchange rate during this period, leading players to be more cautious with their crypto bets. This trend mirrors the situation in the first quarter of the previous year when the Bitcoin exchange rate surged following a decline at the end of 2022,” comments Vitali Matsukevich, Chief Operating Officer at SOFTSWISS.
What Distinguishes the Average Crypto Bet?
The average crypto bet increased to 1.71 euro in the first quarter of the year from 1.66 euro in the last quarter of 2023. This growth correlates with a significant strengthening of the Bitcoin rate during the first quarter of 2024.
The average fiat bet remained steady at around 0.81 euro in Q1’24 and Q4’23. The average total bet stayed constant since the second half of the previous year and is equal to 0.93 euro.
Notably, the average crypto bet is double that of fiat. This indicates that digital currencies are preferred by higher-income players.
Why Did Bitcoin’s Share Drop?
The Top Five most operated digital coins in iGaming have remained stable during the last two years with minor changes in ranking order. The top still includes Bitcoin, Ethereum, Litecoin, Dogecoin, and Tether.
In Q1 2024, Bitcoin experienced a significant decline of 9.4 p.p. compared to Q4 2023. This could be attributed to the bolstering Bitcoin exchange rate and players exercising a more cautious approach towards it.
In contrast, the shares of other digital coins have increased. Ethereum and Litecoin showed growth of 4.0 p.p. and 3.8 p.p., respectively, during the same period. Simultaneously, Dogecoin rose to fourth place in the ranking, leaving Tether behind.
Vitali Matsukevich, Chief Operating Officer at SOFTSWISS, summarises: “The benefits of employing digital currencies, such as fast transactions and anonymity, still attract many players. Embracing cryptocurrencies in iGaming can boost operator profits despite their volatile nature.
As the Bitcoin rate is expected to strengthen after the Bitcoin Halving, the average crypto bet and projected gains may see a notable impact. During such promising times, it is crucial to have reliable and experienced partners to navigate the path to success.”
About SOFTSWISS
SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland, and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform, and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.
The post Navigating Bitcoin’s Impact: SOFTSWISS’ iGaming Industry Overview appeared first on European Gaming Industry News.
In its LinkedIn newsletter, ‘The SOFTSWISS Special’, SOFTSWISS, a global tech expert with over 15 years of experience in iGaming, delves into the impact of Bitcoin Halving on the iGaming realm.
The recent historical moment of Bitcoin Halving took place on 19th April 2024. SOFTSWISS, a pioneer in crypto-friendly iGaming software, shares its insights and forecasts for how this event may shape the future of iGaming, shedding light on potential opportunities and challenges for industry stakeholders.
What is Bitcoin Halving?
The Bitcoin halving is a scheduled event that occurs approximately every four years or every 210,000 blocks. During this event, the reward for mining and verifying new blocks is reduced by 50%, resulting in miners earning only half the number of BTC per mined block.
Since its launch in 2009, Bitcoin’s mining reward has halved four times, occurring in 2012, 2016, 2020, and 2024. The recent April halving reduced the reward to 3.125 BTC per block. Such events are crucial for Bitcoin’s scarcity and inflation control, ensuring that the total supply never exceeds 21 million coins and aligning with its deflationary principles.
Historically, each halving event has resulted in a rise in Bitcoin’s price. This is attributed to the reduced supply and increased scarcity, although other market factors have also influenced these outcomes.
Exploring the Impact of Bitcoin Halving on the iGaming Industry
To provide an in-depth analysis of the Bitcoin Halving impact on iGaming, SOFTSWISS invited Bradley Peak, blockchain expert and tokenomics adviser, to share its anticipations.
- Bets rise: The halving is expected to lead to an increase in Bitcoin’s value. If the trend of impressive price surges persists, Bitcoin-friendly iGaming brands could see a positive impact.
- Crypto adoption increase: Implementing crypto-friendly models has the potential to boost player trust and transparency in iGaming. Additionally, it could rejuvenate unique gaming experiences like provably fair games and decentralised casinos.
- Regulatory frameworks improvement: The recent Bitcoin halving could prompt regulatory bodies to reassess their stance on cryptocurrency gambling. This could lead to new regulations ensuring fairness, responsible gambling, and anti-money laundering measures in the crypto-driven iGaming sector.
Bradley Peak, blockchain expert, comments on the recent changes: “Any transformation will not be without its challenges. It is important to adapt – invest in employee learning and development, onboard crypto processing, and make sure your platform remains secure in the process.”
Explore the influence of the 2024 Bitcoin Halving on the iGaming industry in the fourth edition of The SOFTSWISS Special newsletter on LinkedIn.
About SOFTSWISS
SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland, and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.
The post Should iGaming Be Worried About 2024 Bitcoin Halving? appeared first on European Gaming Industry News.
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