Casino Welcome Bonus
Like every other casino bonus type, welcome bonuses are used by online casinos to attract players. So players need to know how they work. Having comprehensive knowledge about signup bonuses helps you know the bonus’s worth, the wagering terms, games to use the bonus on, etc.
First, what do we mean by casino welcome bonus? Welcome bonuses are ways online casinos welcome you on their site. You can also see it as a way the casinos say ‘hello’ to you and celebrate your first deposit on their site.
The gaming industry is becoming increasingly competitive every year. The only way online casinos keep players glued is by offering bonuses, and welcome bonuses are the first bonuses they offer. Online casino welcome bonus is also referred to as a signup bonus or first deposit bonus.
Why Casinos Offer Welcome Bonus
Whether you are a beginner, just venturing into the online gaming world, or an expert player with several years of gaming experience, welcome bonuses are one of the best ways to get introduced to a betting site.
To build a bankroll as a player requires lots of patience and time, and to hasten the process, you need the free online casino welcome bonus. This bonus can double, triple or even quadruple your first deposit.
Types of Welcome Bonuses
It is important for players who want to utilize the biggest online casino welcome bonus to know the types of welcome bonuses offered by casinos and how they work. Below are the types of welcome bonus commonly offered by casinos.
These bonuses are also referred to as match bonuses. Casinos offer it on your first deposit. The awarded bonus amount is a fixed percentage of your initial deposit. For example, if a casino offers a deposit bonus of 50% and you deposit €1000, you will get an extra €500. You, therefore, have €1500 to game with.
No Deposit Bonuses
Online casino no deposit welcome bonuses are not as common as the deposit bonus, and they are smaller. However, the no deposit bonus adds lots of value to players’ games. You don’t need to risk your money to play at casinos that offer them.
Casino Reload Bonus
Casino reload bonus is not as popular as the deposit and no deposit welcome bonuses, but it is one of the best bonuses. Reload bonuses give you back a certain percentage of the money you lose while gambling. Although this bonus is not enough to cover all your losses, it still gives you a soft landing when gambling.
Benefits of Welcome Bonus
A welcome bonus is a positive for any player planning to deposit and wager at an online casino. You are just risking money that you decided to risk, and getting extra funds to play with is a huge plus—your chances of winning become better with playing with more chips.
The probability of losing at a casino is high, but with luck smiling on you, you may fare better. With extra chips to game with, your chances of faring better become more likely. With a welcome bonus, you will still get to play for longer hours even if you lose.
Cashable and Non-Cashable Sign-Up Bonuses
Cashable Bonus Sign-up Bonuses
These bonuses are also known as non-stick bonuses. With the cashable bonuses, you will be able to withdraw your winnings along with the bonuses. All you need to do is to meet the wagering requirement.
Non-Cashable Signup Bonuses
You are also referred to as sticky bonuses. You can’t withdraw non-cashable bonuses, and they are only there for wagering purposes. Once you meet the playthrough requirement, you will be allowed to withdraw your winnings but not the bonuses. The bonuses will stick to your account until you lose them.
Finding the Most Suitable Welcome Bonus
The different variety of bonuses is not only because casinos are trying to outdo themselves but also because players are different and have preferences. Before choosing a free casino welcome bonus, you need to read and understand the bonus’s fine prints. Apart from the fine prints, there are other things you need to pay attention to, such as the bonus percentage, maximum and minimum deposit (also a requirement to claiming bonuses), and the terms and conditions of the bonus.
Claiming a Casino Welcome Bonus
The first step in claiming the best online casino bonus is to engage in comprehensive research. This helps you to choose the casino that best suits you. Once this step is complete, you sign up at your chosen casino.
Always read the terms and conditions of the casino before committing your money to it. You may be required to input bonus codes to claim the bonuses. The online casino free welcome bonus may also be available to you automatically.
If the bonus requires a code, navigate to the cashier section and input the code in the provided space. But if it can be redeemed automatically, all you need to do is to deposit, and the extra funds will be credited to your account instantly.
Finally, claiming online casino best welcome bonus can depend on the region or country you stay in. Some casinos restrict players from certain countries from claiming welcome bonuses. So you need to read the bonus’s terms and conditions well before opting for a bonus.
Also known as playthrough requirement. Majority of the bonuses offered by online casinos come with wagering requirements. Now, what is the wagering requirement? The number of times required for a bonus deal to be used before a player will be allowed to withdraw the winnings made from the bonus. This requirement ranges from 20x to 75x. Ensure you read the terms and conditions of each casino because the playthrough requirement differs from casino to casino. The average wagering requirement is 35x of the bonus offered.
For example, a casino may offer you a deposit bonus of 100% up to €3000 with a 20x wagering requirement. So if you deposit €10, you’ll receive €10 extra making €20. You will need to wager €400 (€20 x 20) to withdraw the winnings.
To take full advantage of the welcome bonuses, make sure you choose a casino with a wagering requirement lower than 35x.
You need to take note of the contribution percentage of games you wager the welcome bonus on. This gives you the lowdown on how to wager the bonuses. The contribution percentage of each game differs. The percentage contributed by table games is usually lower. Slots contribute higher. To quickly meet the playthrough requirement, use the bonus on slots.
Welcome bonuses are the first encounter you have with online casinos. They are used by online casino to attract players to stick with them. As a player, you must know the different types of welcome bonuses offered by casinos, how they work, the wagering requirements and the benefits of using the bonuses. Once you know all these, you are on your way to making more money.