South America’s passion for football is widely known, and the fact that sports betting is prevalent doesn’t come as any surprise. However, the inclination to gamble extends from sports to iGaming, evidenced by the consistent rise in online gaming revenues in Latin America in the past five years—the shift results from gaming legislation change across the continent and the appeal of real money casino games.
While online gaming platforms offer promotions and opportunities to enjoy playing without risking personal assets, real money online casino games remain players’ first choice. As the number of online casino users in Latin America is expected to reach 5.5 million by 2028, it’s important to understand the reasons behind this trend.
In this article, we’ll explore the benefits of real-money casino games, shedding light on why players are drawn to the thrill of wagering their funds.
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The Benefits of Playing with Real Money at Online Casinos
The preference for real-money online casino games among Latin American players can be attributed to several factors. The most appealing aspects include:
Withdrawing Real Money Winnings
Playing at online casinos for real money allows players to withdraw winnings anytime. When a certain amount of funds is accumulated in the casino account, you can request a withdrawal through a payment channel of your choice. Also, once you put down real money, you don’t have to be concerned about the validity period of your credit for the game, nor wonder if you can play the game of your choosing.
When playing with bonus money, these options become nonviable. The withdrawing process gets much more complicated because of the playthrough requirements and conditions like maximum payout.
Access to More Online Casino Games
Various games on online gaming platforms aren’t available until players have an account with real money. Usually, this applies to live dealer games, but it is also true for other games. When playing with real money, players have access to all casino lobbies and titles and can enjoy the thrill of playing the games they prefer, such as jackpots.
Better Odds
Players can ensure they have much higher odds when playing with real money because of the opportunity to choose games with a lower house edge. For example, Blackjack, Baccarat, Roulette, and certain Poker variations often have better odds than slot machines or other casino offerings. Players are limited to slot games with a much lower RTP percentage when playing with bonus money.
Exclusive Bonuses
Real-money gaming comes with favorable bonuses and promotions that Latin American players can access, adding value to their deposits. The real money bonus conditions are better regarding matching percentage, game availability, and maximum winnings cap. The terms of these bonuses include all these restrictions, but the offer is much more favorable than anything available in a no-deposit promotion.
Loyalty Rewards and VIP Programs
Casino players who play regularly get special offers to reward them for their loyalty. As players climb the loyalty scheme levels, they receive better cashback offers, rare or personalized bonuses, and the privilege to play new games first and engage in games inaccessible to other players.
None of these options are available for players who don’t play with real money. Additionally, VIP programs offer perks like gifts, vacation and entertainment opportunities, and even personal casino assistants for high-rollers.
Tournaments and Wager Races
The right to participate in wager races and other tournaments only extends to real-money players. Gaming platforms organize these events to allow punters to compete against each other, demonstrate their prediction skills, and walk away with significant prizes.
Wager races are played within a specified time frame, with players competing according to the total amount wagered and won during the race. Tournaments are designed in various formats, usually as leaderboard competitions or specific challenges within games.
In Summary
Online gaming platforms in South America are on the rise. With so many casinos to choose from, Latin American players can experience the thrill of gambling without leaving the comfort of their homes. Despite the attractive free-play offers to casino audiences, players still prefer to engage in real-money gaming for various reasons.
Playing real-money games at online casinos is the most rewarding option for punters compared to playing with free cash or free spin bonuses. It’s an excellent way to explore the casino floor without limitations, engage in games with favorable odds, and have complete control over your assets. Additionally, perks like tailored bonuses, loyalty programs, and tournaments are only available in real-money play.