What Makes Online Casinos So Popular?
Ever since online casinos broke through on the market, their rise in popularity has been never-ending. In 2021, the global annual revenue by these platforms exceeded $63 billion and experts are confident that the number will go as high as $90 billion in 2023 and finally, exceed the $100 billion mark in 2025.
Millions of players from every part of the world have registered at these sites to play their featured games and each day, thousands more are joining in. That begs the question – what makes online casinos so popular? How did they manage to jump at the very top of the gambling industry in terms of popularity and revenue in such a short period?
That is exactly what we are going to explain in this article as we are going to elaborate on some of the greatest features that these operators have. Let’s check them out.
They Offer Numerous Bonuses and Promotions
For starters, online casinos are masters at attracting new players thanks to the fact that they provide them with various bonuses and promotions. That includes welcome offers, reload bonuses, cashbacks, free spins, loyalty programs, tournaments, etc.
All of these bonuses can increase the overall winnings of the players by a margin. Take welcome offers as an example. A majority of licensed online casinos allow all new players who make their first deposit to claim the welcome offer, which, in most cases, will provide players with a match deposit bonus. Some online casinos even add up free spins that can be used on selected slots.
Apart from the standard deposit bonuses, online casinos offer no deposit bonuses. The two most popular offers of this type are cashbacks and free spins. As the term itself suggests, you aren’t required to make a deposit at the casino if you wish to claim free spins or cashbacks.
The Game Library is Massive and Diverse
Moving on, we go to one of the main features of every online casino and that is the game library. Licensed and regulated casino sites are supplied by some of the world’s greatest game providers such as Microgaming, NetEnt, Yggdrasil, Play’n GO, Playson, Pragmatic Play, Habanero, etc.
All of these brands have created games that come with HD graphics, are packed with in-game bonus features and contribute to a great gaming experience. Not only that, but thanks to their innovative approach, the games are as diverse as you may think.
Once you register at an online casino of your choosing, you can gain access to numerous online slots, Poker, Blackjack, Roulette and Baccarat games, as well as live dealer games. Live dealer games are set to be the future of the gambling industry as they have a unique flavour.
In the recent period, many online casinos have even adopted the so-called hybrid approach. That means that apart from offering the best casino games to the players, they also offer sports betting services. Not only that, but they feature special sportsbook bonuses that can be used when wagering on sports.
Numerous Ways to Deposit and Withdraw Money
In order to win a real money reward at online casinos, you must deposit and play with real money. Naturally, if you do end up with a certain winning amount, you will want to transfer the funds to your bank account.
Online casinos are aware of this fact and since they operate globally, they had to be extremely flexible in terms of the accepted payment methods. That is why they provide players with tons of options, including credit and debit cards, Skrill, Neteller, PayPal, Paysafecard, Klarna, Neosurf, Boku, AstroPay, MuchBetter, etc.
Now, the number of accepted methods varies from one online casino to another, but the general idea here is that you will have numerous options at your disposal. That is of massive importance to players from countries where certain bans are imposed.
Take the UK as an example. In 2020, the UK Gambling Commission decided to ban credit cards as an online casino payment method, even though around 700,000 used them to deposit and withdraw funds. The point here is, if a scenario like this one occurs, players need to be provided with an alternative and online casinos are well-aware of that fact.
Optimized for Mobile and Desktop Use
Finally, we go to the last great feature that online casinos have and that is their easy accessibility. Thanks to the fact that these sites utilize the latest HTML5 technology, you can enjoy their games on any mobile and desktop device, just as long as you stay connected to the Internet. Considering the fact that casino sites operate online, you can also access them at any time.
A bonus feature that is worth a mention here is the security system that online casinos use. Licensed operators are powered by SSL encryption software, which is one of the most advanced security systems online.