Welcome bonuses, also known as sign-up bonuses, are a common feature at online casinos. Betting welcome offers come in all shapes and sizes, but after a while, you realize they share commonalities. In this article, we will take a closer look at how welcome bonuses work.
A welcome bonus is a special offer that is given to new players when they first create an account at an online casino. So, if you’re already signed up, you will have to find a different casino and offer.
These bonuses can take many forms, including free spins, free play credits, or cash bonuses.
When claiming a welcome bonus, simply sign up at the casino for the first time and follow the instructions carefully. As explained later in the article, reading the terms and conditions are important. But don’t be afraid of speaking to customer service before handing over any money.
Welcome bonuses are an excellent way for online casinos to attract new players and give them a financial boost to get started. This is the reason why they’re so generous because they’re competing against one another more fiercely and globally unlike physical, traditional casinos.
Types of welcome bonuses
There are many different types of welcome bonuses to be aware of. Here are the main four.
- Deposit bonuses. These bonuses offer a percentage match of your first deposit, often up to a certain amount. For example, a 100% match up to $50 means that if you deposit $50, you’ll receive an additional $50 in bonus funds.
- No deposit bonuses These bonuses don’t require you to make a deposit to receive them. Instead, you’ll simply need to register an account and the bonus funds will be credited to your account.
- Free spins. These bonuses offer a set number of free spins on a specific slot game, often as part of a deposit bonus.
- High-roller bonuses. These bonuses are designed for players who are willing to make larger deposits. They offer a higher percentage match and a higher maximum bonus amount.
Why it’s important to read the small print
It’s important to read the terms and conditions of casino welcome bonuses because they outline the rules and restrictions that apply to the bonus. These terms and conditions can tell you if the bonus isn’t all that, which could save time (and money) when signing up and depositing.
The best example here is the wagering requirement. This is included on some bonuses T&Cs, and it’s essentially the number of times you must play through the bonus funds before they can be withdrawn as real money. For example, if a bonus has a 10x wagering requirement, you’ll need to play through the bonus funds 10 times before you can withdraw them. Plus sometimes the bets that count must be over a certain amount of odds.
By reading the terms and conditions, you’ll have a better understanding of how the bonus works and what you need to do to be able to withdraw any winnings. This can help you make an informed decision about whether or not to accept the bonus.