Online casino games are a great way to have fun without spending a lot of money. Most sites have low deposit limits in place, with many of them letting you play for as little as $10. Versatility is another thing that works in the favor of the online gambling scene, with the market being flooded with new casinos joining the ranks of the more established casino operators.
Having options is great; nevertheless, it leaves casino players with a huge dilemma – should they opt for the newest online casinos on the market or go for well-known names? New casinos provide technical innovation, but which would be better regarding bonuses and promotions? That’s what we’re here to find out!
New vs older online casinos: What are the differences?
Older casinos, also called ‘veteran casinos,’ have been operating for more than three years. Some have been on the market for 10+ years, making them household names in the online gambling community.
One of the biggest advantages of older online casinos is their unprecedented level of safety. They’ve built up quite a reputation for themselves, with hundreds of people leaving reviews that can vouch for their security.
New online casinos, on the other hand, can feel like an unfamiliar territory. They’ve been on the market for less than three years, with many of them being up and running only within the last 12 months. That’s what makes them scary for many people, especially those who get scared by novelty and change.
On the bright side, new online casinos usually come with many revolutionary changes. Where older online casinos prefer to stick to tried-and-tested methods, new sites don’t mind thinking outside the box. That’s why you’ll usually find a longer list of accepted payment methods, along with a wider range of lucrative casino bonuses.
How do new and older online casinos differ in terms of bonuses?
With reputation being the primary difference between new and older online casinos, the newer sites typically have to fight more to attract new customers. This means coming up with new methods to pique players’ interest enough to make them want to join and create an account. Most of these new sites will try to do that through casino bonuses and promotions.
Casino bonuses are offers that online operators provide for players, and they come in many shapes and forms. Thus, you’ll be able to see:
- Free spins
- Welcome bonuses
- Cashback offers
- Free credits
And these are just a few instances of what awaits the most loyal casino players. While the main purpose of these offers is to attract new players, they are also a great tool at keeping the existing ones active and engaged.
Hence, you’ll see that many online casinos offer special VIP bonuses, which are reserved for the most loyal players. You can climb the VIP ladder by spending more money on games which, in turn, results in better prizes and special offers.
One study conducted among Brazilian online gamblers showed that bonus size is the most important consideration for 68% of players, with wagering requirements taking the second spot. That’s why VIP offers have such special appeal, as they can be very lucrative once you get to the final levels.
If you choose older online casinos, you can expect to encounter tried-and-tested types of bonuses. This means accepting classic welcome bonuses—claimed by 15.10% of users, according to a survey—which usually entail making a deposit before being able to use the money from the bonus or free spins.
Newer online casinos are more liberal with their offer. Therefore, it’s not unusual to find no-deposit bonuses that let you go straight to your favorite game without investing any money beforehand. Keep in mind that they also have terms & conditions in place – but they might be less demanding.
Generally speaking, it is possible to find a no-wagering bonus that doesn’t require playing through your winnings before withdrawing money; however, these bonuses are scarce and easy to miss.
Novelty vs security: which one should you go for?
At the end of the day, it’s up to every player to decide whether they want to choose the safety of established and reputable casinos or go with the excitement that new casinos bring.
It’s important to remember that new casinos can be just as safe as older ones, which you can easily find out by doing a bit of research. Even though they haven’t been on the market for very long, you should still be able to find many reviews from casino experts. You should also be able to find plenty of consumer reviews, which a recent study found that 24% of people rely on when it comes to video games.
These reviews are trustworthy—as long as they are found on reputable sites—giving you a great shot at having the best of both worlds.
When it comes to the online gambling landscape, the best of both worlds is playing on a secure site that offers bonuses galore, as usually seen in new online casinos.
