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How Free Spins Attract New Players to Online Casino Platforms in 2023 – Expert Opinions

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Free spins represent a prevalent type of bonus online casinos offer to reward their players. These allow spinning the reels on slots without wagering real money. CasinoExpert experts explain that free spins are among the most valuable promotions because they allow players to win money without taking any risks. Free spins can be activated as a welcome bonus or by accumulating loyalty points. 

While it is established that free spins bonus offers are quite popular, this article will touch on some of the tricks behind how casinos use free spins to attract new players.

The Mentality Behind How Online Casino Sites Use Types of Free Spins to Attract New Players 

Let’s take a deep dive into helping you understand some of the ways casinos exploit the vast types of free spins to attract new players.

Making the Offer Too Good to Be True

Casinos that offer free spins are generally aware of how easily swayed people can be when it comes to the attractiveness of a bonus offer. This explains why they ensure the free spins offers look too good to be true, so much so that people are flocking around it without bothering about the fine details. 

These casinos also take time to highlight the highest possible free spins you can enjoy to make the offer more attractive, even though your initial deposit may be too small to get such as much value in terms of the number of spins

Giving you the Illusion you can Win More with Less  

The major psychology revolving around free spins stems from portraying the illusion that casino players can get to win more money by playing their favourite games without risking much money. However, this is most times far from the truth. 

Technically, the casinos protect themselves by imposing some terms and conditions that restrict how much you can win with the bonus and, in some cases, impose stringent wagering requirements that are hard to fulfil. Eventually, you are awakened by the fact that your winning potential is limited by the bonus, and at that point, you are already hooked enough to want to spend more playing slot machine games.

Why do Casinos Often Require a Deposit Before you can Claim the Free Spins Bonus? 

It is always important to remember that the casinos are here for business purposes. As such, it is very unrealistic they would keep dishing out freebies without getting something sustainable in return.

By demanding that you make an initial deposit before using free spins, the casino has already got you committed. This way, they get to make some returns from you to cover up for those who may have exploited the casino bonus money for their gain. 

By doing so, the casino is not just filled with users who are only interested in using free play without being committed in any way.

As always, as far as casinos are concerned, the house always wins, and the application of the free spins at casinos is a good representation of that fact.

What to Know Before Using Free Spins Offer at a Casino 

Here are a few things to look out for before you claim or apply a free spin offer at a casino:

  • Wagering requirement – The lower the number of times you are expected to roll over a bonus, the more feasible it is to redeem the bonus into real money. By standard, always look out for casino bonus offers with wagering requirement below 40x
  • Validity Period – Always look out for free spins offers that are valid for as long as 30 days, as that gives you enough time to fulfil the terms
  • Eligible Games – It is more advisable to opt for free spins offer whose wagering requirement is spread across a range of slot game options
  • Withdrawal Limit – By standard, it is more favourable to look out for free spins offers whose maximum withdrawal limit is pegged at $100 and above.

Free Spins Can Be a Smoke Screen 

With free spins, most times, it is the more you look, the less you see. This explains why you shouldn’t be too moved by the generosity of the bonus itself, as that could easily blind you from noticing the terms attached to it. 

We recommend you approach free spins from a more enlightened perspective, and by following our checklist discussed above, you will be able to know the offers that are best for you.

Latest News

TRUEiGTECH Unveils Enterprise-Grade Prediction Market Platform for Operators

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TRUEiGTECH has announced the launch of an enterprise-grade prediction market platform, designed to help operators, platform owners, and institutions build outcome-based or event-driven trading markets at scale.

As traditional sports betting, media monetization, and trading platforms face growing competition and regulatory complexity, prediction markets are emerging as a fast-growing adjacent category. By converting collective expectations into tradable probability signals, operators can offer differentiated products without the need for entirely new user acquisition channels.

TRUEiGTECH-built prediction markets are already deployed by operators across the USA and Europe, with additional rollouts underway. Once a niche, prediction markets are now becoming primary offerings for iGaming operators. Analysts forecast that leading platforms could handle $1 trillion in annual trading volume by 2030, up from roughly $10 billion today, with revenues potentially exceeding $10 billion.

Why Operators Are Turning to Prediction Markets

Prediction markets offer several advantages:

  • “Bet-on-anything” model – create markets across business, finance, entertainment, politics, and emerging trends.

  • Faster market entry – ideal for existing iGaming operators with infrastructure in place.

  • Early-mover advantage – tap into a category still developing globally.

  • Global momentum – strong uptake in the U.S. and other regulated markets where event-driven participation is growing.

Flexible Deployment Models

TRUEiGTECH co-founder Prish Kumar explained:

“We provide turnkey and bespoke prediction market platform development solutions. Plus, we also offer prediction market clone development and prediction market API integration solutions.”

Operators can use TRUEiGTECH platforms to launch new prediction markets or extend existing offerings, with flexibility and scalability at the core. The platform is designed to be regulation-ready for markets in the USA, Europe, and other regulated jurisdictions.

TRUEiGTECH: Enterprise iGaming Solutions

TRUEiGTECH specializes in enterprise-grade betting and trading infrastructure, offering:

  • Casino Platforms – AI-driven online casino software , multi-game aggregation, player account management, and compliance-ready architecture.

  • Sweepstakes Platforms – legally structured software for markets with restricted real-money gaming.

  • Sportsbook Software – advanced odds management, risk control tools, and real-time in-play betting.

  • Casino Games – responsive slots and custom content optimized for performance and integration.

  • Lottery Platforms – supporting draw-based, instant win, and hybrid formats with regulatory reporting.

All solutions are built for regulated markets across the USA, Europe, LATAM, and the UK.

Contact

Head of Marketing

Prish K

TRUEiGTECH

[email protected]

The post TRUEiGTECH Unveils Enterprise-Grade Prediction Market Platform for Operators appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Latest News

TRUEiGTECH Unveils Enterprise-Grade Prediction Market Platform for Operators

Published

on

trueigtech-unveils-enterprise-grade-prediction-market-platform-for-operators

TRUEiGTECH has announced the development of an enterprise-grade prediction market platform designed to help operators, platform owners, and institutions launch outcome-based or event-driven trading markets at scale. 

As traditional sports betting, media monetization, and trading platforms face increasing competition and regulatory complexity, prediction markets are emerging as an adjacent category with significant growth potential. By converting collective expectations into tradable probability signals, these markets provide operators with a differentiated product without requiring entirely new user acquisition channels.

TRUEiGTECH built prediction markets are already used by operators across the USA and Europe with additional deployments underway. Prediction markets have transitioned from experimental niche platforms to primary offerings by iGaming operators.

Analysts forecast leading prediction platforms will handle roughly $1 trillion in annual trading volume by 2030, up from about $10 billion today. Revenue, meanwhile, could rise to $10 billion+ by 2030.

TRUEiGTECH’s decision to build prediction market software and platforms at this juncture will certainly prove useful for business owners and operators looking to enter the industry with the right product. 

Operators are increasingly drawn to this segment because it offers:

  • A “bet-on-anything” model, enabling markets across business, finance, entertainment, politics, and emerging trends.
  • Faster entry compared to traditional sportsbooks, especially for existing iGaming operators with established infrastructure.
  • Early-mover advantage in a category that is still taking shape globally.
  • Strong momentum in the U.S. market & across the globe, where demand for event-driven participation continues to accelerate.

TRUEiGTECH Offers Prediction Market Platforms in Multiple Ways

TRUEiGTECH’s co-founder, Prish Kumar, shares the multiple models and solutions available as a part of the company’s prediction market offerings.

“We provide turnkey and bespoke prediction market platform development solutions. Plus, we also offer prediction market clone development and prediction market API integration solutions.”

With TRUEiGTECH, operators can launch prediction markets or extend existing business offerings. By focusing on flexibility and scalability, TRUEiGTECH aims to position prediction markets as an accessible expansion path rather than a complex standalone venture.

With this launch, TRUEiGTECH enters the prediction market space as an infrastructure provider focused on enabling operators to build and launch regulation-ready prediction platforms in the USA, Europe and other regulated markets. 

About TRUEiGTECH

TRUEiGTECH is a software development company which specializes in enterprise-grade betting and trading infrastructure development. The company builds turnkey and custom platforms for;

  • Casino Platform: AI-empowered online casino software featuring multi-game aggregation, player account management (PAM), secure payment systems, and compliance-ready architecture for regulated markets.
  • Sweepstakes Platform: Legally structured online sweepstakes software designed for markets where traditional real-money gaming is restricted, enabling operators to monetize engagement while maintaining regulatory alignment.
  • Sportsbook Software: Comprehensive sportsbook software solutions featuring advanced odds management, robust risk control tools, real-time in-play betting capabilities, and scalable architecture designed for seamless multi-jurisdiction operations.
  • Casino Games: Responsive casino and slot games, with custom gaming content developed through expert casino game development processes, optimized for performance, player retention, and seamless integration into existing gaming platforms.
  • Lottery Platforms: Advanced lottery software solutions supporting draw-based, instant win, and hybrid formats, with capabilities for retail POS integration, ticket management, and regulatory reporting.

TRUEiGTECH’s iGaming solutions are built for globally regulated markets, including the USA, Europe, LATAM, and the UK. 

Contact

Head of Marketing

Prish K

TRUEiGTECH

[email protected]

The post TRUEiGTECH Unveils Enterprise-Grade Prediction Market Platform for Operators appeared first on Americas iGaming & Sports Betting News.

Continue Reading

Latest News

TRUEiGTECH Unveils Enterprise-Grade Prediction Market Platform for Operators

Published

on

TRUEiGTECH has announced the development of an enterprise-grade prediction market platform designed to help operators, platform owners, and institutions launch outcome-based or event-driven trading markets at scale. 

As traditional sports betting, media monetization, and trading platforms face increasing competition and regulatory complexity, prediction markets are emerging as an adjacent category with significant growth potential. By converting collective expectations into tradable probability signals, these markets provide operators with a differentiated product without requiring entirely new user acquisition channels.

TRUEiGTECH built prediction markets are already used by operators across the USA and Europe with additional deployments underway. Prediction markets have transitioned from experimental niche platforms to primary offerings by iGaming operators.

Analysts forecast leading prediction platforms will handle roughly $1 trillion in annual trading volume by 2030, up from about $10 billion today. Revenue, meanwhile, could rise to $10 billion+ by 2030.

TRUEiGTECH’s decision to build prediction market software and platforms at this juncture will certainly prove useful for business owners and operators looking to enter the industry with the right product. 

Operators are increasingly drawn to this segment because it offers:

  • A “bet-on-anything” model, enabling markets across business, finance, entertainment, politics, and emerging trends.
  • Faster entry compared to traditional sportsbooks, especially for existing iGaming operators with established infrastructure.
  • Early-mover advantage in a category that is still taking shape globally.
  • Strong momentum in the U.S. market & across the globe, where demand for event-driven participation continues to accelerate.

TRUEiGTECH Offers Prediction Market Platforms in Multiple Ways

TRUEiGTECH’s co-founder, Prish Kumar, shares the multiple models and solutions available as a part of the company’s prediction market offerings.

“We provide turnkey and bespoke prediction market platform development solutions. Plus, we also offer prediction market clone development and prediction market API integration solutions.”

With TRUEiGTECH, operators can launch prediction markets or extend existing business offerings. By focusing on flexibility and scalability, TRUEiGTECH aims to position prediction markets as an accessible expansion path rather than a complex standalone venture.

With this launch, TRUEiGTECH enters the prediction market space as an infrastructure provider focused on enabling operators to build and launch regulation-ready prediction platforms in the USA, Europe and other regulated markets. 

About TRUEiGTECH

TRUEiGTECH is a software development company which specializes in enterprise-grade betting and trading infrastructure development. The company builds turnkey and custom platforms for;

  • Casino Platform: AI-empowered online casino software featuring multi-game aggregation, player account management (PAM), secure payment systems, and compliance-ready architecture for regulated markets.
  • Sweepstakes Platform: Legally structured online sweepstakes software designed for markets where traditional real-money gaming is restricted, enabling operators to monetize engagement while maintaining regulatory alignment.
  • Sportsbook Software: Comprehensive sportsbook software solutions featuring advanced odds management, robust risk control tools, real-time in-play betting capabilities, and scalable architecture designed for seamless multi-jurisdiction operations.
  • Casino Games: Responsive casino and slot games, with custom gaming content developed through expert casino game development processes, optimized for performance, player retention, and seamless integration into existing gaming platforms.
  • Lottery Platforms: Advanced lottery software solutions supporting draw-based, instant win, and hybrid formats, with capabilities for retail POS integration, ticket management, and regulatory reporting.

TRUEiGTECH’s iGaming solutions are built for globally regulated markets, including the USA, Europe, LATAM, and the UK. 

Contact

Head of Marketing

Prish K

TRUEiGTECH

[email protected]

Continue Reading

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