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Free spins · New Zealand Live data · 31 Oct 2026

Free spins at new casinos: what a pack of spins is worth

279 Median free spins in the welcome offers of casinos founded 2024–2026

Most welcome offers at new casinos add free spins to the deposit bonus. A pack is worth the number of spins times the value of each spin times the pokie's RTP, and the wagering on what the spins win decides how much of that reaches your balance.

The headline count says little on its own: 300 spins at $0.10 are worth less than 100 spins at $0.50. Spins are also often locked to one pokie the casino chooses.

  • 18+ only
  • Offers as stated by each casino
  • Spin maths you can check yourself

By Aarav Menon | Updated 26 Oct 2026

With free spins
22 of 29 new casinos
Median free spins, new
279 founded 2024–2026
Median free spins, older
200 founded before 2024
Wagering on file
5 new casinos
New casinos with an offer
29 of 29

Short answer

How much are free spins worth?

100 spins at $0.10 on a 96% RTP pokie win about $9.60 on average. With no wagering that is what you keep. At 35x on the winnings you must bet about $336, which costs about $13.44 on average, so the expected cash-out falls to almost nothing.

With free spins
22 of 29 new casinos
Median free spins, new
279 founded 2024–2026
Median free spins, older
200 founded before 2024
Wagering on file
5 new casinos

Worksheet

What free spins are worth after wagering

Example terms

Set the number of spins, the value of each spin and the wagering on spin winnings from the offer's terms. The worksheet shows the average winnings, the cost of the wagering and what is left to cash out.

Pattern Spins without wagering keep their full value. Once winnings carry wagering, a higher spin value helps more than a longer pack.

What is a no-deposit offer worth?

Worksheet
Average winnings $9.60
To wager $336.00
Expected cost $13.44
Expected cash-out $0.00

100 spins at $0.10 win about $9.60 on average. Wagering that 35 times means betting $336.00, which costs about $13.44; on average $0.00 is left to cash out.

Average over many players · terms vary by casino
Spins Wagering Average winnings To wager Expected cost Expected cash-out
100 × $0.10 None $9.60 $0.00 $0.00 $9.60
100 × $0.10 35x $9.60 $336.00 $13.44 $0.00
300 × $0.10 40x $28.80 $1,152.00 $46.08 $0.00
100 × $0.50 None $48.00 $0.00 $0.00 $48.00

Worked examples at 96% RTP; example terms, not a casino's offer.

Ranking

New casinos ranked, with their welcome offers

Our ranking, limited to casinos founded in 2024 or later. Each row shows how new the casino is and which licence it states.

Live · ranking

Casino Age Licence (stated) Welcome offer Wagering Action
1 Year 3 · 2024 since 3 Oct 2025 Curaçao $30,000 + 350 Free Spins –
2 Year 3 · 2024 since 3 Oct 2025 Malta Gaming Authority, Curaçao $30,000 + 500 Free Spins –
3 Year 1 · 2026 since 31 Jul 2026 Costa Rica Gambling License $30,000 + 400 Free Spins –
4 Year 2 · 2025 since 3 Oct 2025 Curaçao $30,000 + 350 Free Spins –
5 Year 3 · 2024 since 29 Oct 2025 Curaçao $4,500 + 300 Free Spins –
6 Year 3 · 2024 since 3 Oct 2025 Curaçao $30,000 + 350 Free Spins –
7 Year 2 · 2025 since 8 Sept 2026 Malta Gaming Authority $1,000 + 50 Free Spins –
8 Year 2 · 2025 since 3 Oct 2025 Malta Gaming Authority, Curaçao $30,000 + 350 Free Spins –
9 Year 1 · 2026 since 31 Jul 2026 Costa Rica Gambling License $10,000 + 350 Free Spins –
10 Year 3 · 2024 since 3 Oct 2025 Malta Gaming Authority, Curaçao $9,000 + 300 Free Spins –

Ranking: our ranking for this page, read 31 Oct 2026. Offers as stated by the casino; licences as each casino states them.

Read before you spin

Terms that decide what spins are worth

General explanation

Value

Spin value

The stake of each spin, set by the casino. Multiply it by the number of spins to compare packs; offers rarely state it in the headline.

Slot

Eligible game

Spins usually run on one named pokie. Check its RTP in the game info, since the same game can run at different RTP versions.

Wagering

On the winnings

Wagering on spins applies to what they win. 35x on $10 of winnings means $350 of bets before the money is yours.

Expiry

Use them in time

Spins and their winnings often expire within days. Packs paid out in daily batches need you to log in each day.

In depth

Free spins explained

What a free spins bonus is

Free spins are spins on a pokie that the casino pays for, at a stake it sets. They come with a welcome deposit, as a reload, as a loyalty reward or, more rarely, with no deposit at all. Whatever they win is usually credited as bonus money with wagering attached.

Types of free spins

  • Deposit spins: part of a welcome package, often paid in daily batches.
  • No deposit spins: a small pack on sign-up, usually with a cash-out cap.
  • Wager-free spins: winnings paid as cash, the most valuable kind.
  • Reload and loyalty spins: weekly offers for existing players.

Terms that decide the value

  • The value of each spin, often $0.10 or $0.20
  • The pokie the spins are tied to, and its RTP version
  • The wagering on winnings, and any cap on what you can cash out
  • How long the spins and their winnings last
  • Whether you must open the named game to activate them

Using free spins well

  1. Compare packs by total value (spins × spin value), not the count.
  2. Prefer wager-free spins, even if the pack is smaller.
  3. Log in on each batch day if the spins are paid out in instalments.
  4. Keep to the maximum bet while you wager the winnings.

Other offers: all new casino bonuses and bonus codes.

Questions

Free spins: questions

Are free spins really free?

The spins cost you nothing to play, but most come with a deposit and with wagering on what they win. Spins without wagering pay their winnings as cash, which makes them worth their full average value.

How do I compare two free spin offers?

Multiply spins by spin value for each offer, then check the wagering on winnings and any cash-out cap. 50 spins at $0.20 and 100 spins at $0.10 have the same $10 face value.

Which pokies can I use free spins on?

The ones named in the offer terms, often a single pokie. Winnings are usually credited as bonus money, which you can then play on other eligible games while you wager it.

Why do my spins arrive in batches?

Many casinos split large packs into daily batches, for example 20 spins a day for 10 days. Unused batches usually expire, so check the schedule before you count the full pack.

Can I get free spins without a deposit?

Some new casinos run no deposit spins, usually small packs with high wagering and a cash-out cap. See our no deposit bonus page for the maths.

Responsible gaming

Play only if you are 18+ and it stays fun

These rules apply on every page of this site. A young casino has less history to judge it by, so the limits matter more.

18+ only

Adults only, everywhere

You must be 18 or older, and older in some countries. A casino can ask for ID before your first withdrawal, and new casinos often do.

Responsible gaming
New brands

Start small with an unknown casino

Deposit an amount you would accept losing to a failed withdrawal, and request a small cash-out early to see how the casino handles it.

How we review new casinos
Limits

Set limits before the welcome offer

Bonus wagering keeps you playing longer. Set a deposit limit and a time limit in the account before you claim.

Set your limits
Help

Free, confidential support

If playing stops being fun, talk to someone. Gambling Therapy offers free support in many languages.

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