A welcome casino bonus is one of the incentives online casinos use to attract new players. Read our guide to learn all you should know about these deposit bonuses.
You have been considering signing up with an online casino but you still need more information so that you can make a wiser choice? Well, if this is your story, you are in the right place as this guide will inform you about a welcome deposit bonus which is the only common denominator of all online casinos. Or we haven’t met yet those which don’t offer them. Their value is variable, but all of them share one feature: they are credited to those players who sign up with a certain casino and make a valid deposit.
Accepting a welcome deposit bonus includes a kind of contract you have to sign virtually with the casino thus agreeing to the terms and conditions. This deal involves sharing your personal and financial data, that is to say your money which may sound scary enough. Instead of hiring a lawyer, let us tell you a few things about casino bonuses given to the players over their initial deposits and use our pieces of advice when making your choice.
Why to claim a casino bonus?
+ boosts your bankroll by 100% or more
+ allows you to play longer
+ provides you with improved winning chances
+ makes you feel more confident while playing
+ good for slot players
– unrealistic terms and conditions
– focused on exclusive jurisdictions
– may not be available to e-wallet users
– virtual and live table games excluded
Reading this guide will help you find an online casino with decent welcome bonuses more efficiently for sure.
Who is Eligible for Welcome Deposit bonus
As we have already mentioned, a welcome deposit bonus is credited to each player who registers with a real money account at an online casino and makes a valid deposit. In practice, that means that each new customer is eligible to receive a welcome bonus after making a payment to the casino. You need to fund your account with an amount set as a minimum deposit and you will receive a matching sum according to the bonus rate given by the casino.
More details about the procedure will be provided in the next chapter. What we you should know about this hard to resist offer is that before you commit yourself to a certain casino you need to check its reputation and its terms and conditions. You have to keep in mind that there are irresponsible gaming operators too, so you don’t want to commit to a scam. What we want to say is that welcome bonuses are a means of alluring new players, so you need to read the small print to avoid getting fooled.
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How to Claim an Casino Bonus
Once you are sure that the online casino of your choice is not a scam, you can register with it by completing the sign up procedure. Some casinos will give you a coupon code you need to redeem to get the bonus. At others, you will be asked to check the welcome bonus option and the bonus will be automatically added to your account. To claim the bonus, transfer money from your bank account or credit card to your casino account via one of supported payment methods. As deposits are added instantly to your account, welcome bonuses will be also credited in the blink of an eye.
Most casinos offer a 100% welcome bonus up to a certain amount, so after receiving the bonus your funds will be doubled. This boost to your bankroll will allow you to feel more comfortable while playing at the casino and enable you to play longer. The more you play the more chances of winning you will have. However, you should bear in mind that nobody will give you anything for free without imposing certain requirements you need to fulfil.
You have to claim your welcome bonus within a given period of time. Online gaming operators in most cases set a period during which you need to turn your welcome bonus and winnings from it into real money. At some casinos you can benefit from multi-tier welcome bonus which means that you can claim a set of match bonuses over your several initial deposits.
You may stumble upon online casinos with the bonus policy restrictive to players from certain jurisdictions. These territories will be listed in the casino’s terms and conditions. Others may prevent customers who use e-wallets as preferred banking methods to claim the welcome deposit bonus. In this case you need to opt for another payment method, so think twice if such an online casino is worth your time and money.
What makes the welcome deposit bonus so attractive is the fact that your balance can be increased by up to CA$100 or in some cases even more. There are gaming venues which offer high-roller casino bonuses going up to CA$1,500 and there is no way that anybody in the world will give away that large amount of money without imposing any obligations.
Wagering or playthrough requirements are a set of rules every player who accepts a welcome deposit bonus needs to follow and meet in order to turn free cash into real money. All these rules can be found in the Terms and Conditions section of the casino, so you need to read them very carefully. Though it may strike you as tedious, reading this document is of the utmost importance for your stay at the online casino as it conducts towards its provisions.
The Terms and Conditions will inform you about the maximum payouts from the welcome bonus, the biggest amount you can wager while playing with the welcome bonus and the wagering requirements you need to achieve in order to turn your bonus and winnings from it into real money. In most cases you will be required to wager the bonus amount from 35 up to 60x so that you can withdraw your winnings. At some casinos these requirements may seem more achievable, but instead of achieving higher rates they require that you have to wager both the deposit and the bonus amount which practically doubles the amount you need to wager to release your winnings.
When wagering your real money to achieve the rollover requirements, you need to pay a close attention to the rates at which each group of casino games contributes to them. If you have been wondering what that means, you need to know that not all the bets are treated the same way. Each casino will attach a list with the games and the way the bets on them are counted. For instance, wagers on slot machines typically contribute 100% while bets placed on the games which require certain skills like virtual and live table games contribute at lower rates or don’t contribute at all.
Advantages of Using Welcome Deposit Bonus
If you want to feel the real benefits of welcome bonuses you need to act according to the rules and it is preferable that you place your real money bets on slot machines to achieve wagering requirements faster. The biggest advantage of using the welcome bonus is prolonging the gameplay. You will have a larger bankroll to play your favourite games with, so you can spin the reels longer. This will enhance your winning chances, which makes taking advantage of welcome bonuses worthwhile.
You will feel more confident while wagering free cash as a new player, so this kind gesture of the online casino will be a great support when you start playing. If you are more into other forms of entertainment, you can look for online casinos which offer welcome bonuses tailored for players who prefer table games. Wagers on the games like Blackjack, Roulette or Baccarat contribute to wagering requirements at a higher rate when you opt for such offers.
Welcome bonuses are sometimes offered in the form of a cashback up to a certain amount which means that you can profit even if you are losing. Although the casinos which offer them are rare, you can find a few of them on the market. Some bonuses may come with free bonuses on top which can also provide you with a longer gaming time, more thrills and more opportunities to win.
Not All Welcome Bonus Offers are Good for You
Winnings from welcome bonuses are considered as free cash and they are frozen until you meet the playthrough requirements set by the casino. To do so you need to wager real money, as we have already mentioned. A good casino offer is one which doesn’t include unrealistic wagering requirements. The online casinos which require wagering the bonus amount 40x or more are not a good gambling destination or at least it is not an offer you should accept.
Some offers can strike you as too flattering and typically they are designed to look good on the screen while the truth about them is not that attractive as they come with harsh wagering requirements which are impossible to meet. Remember that you should not make your choice based only in the bonus offers as this can be quite misleading. It is in your best interest to find a trusted gaming venue which acts in compliance with the high standards of the online gaming industry and have an honest approach to their customers.
To find tested and licensed online casinos providing their players with a safe and fair gaming experience stay with us and check out our lists and casino reviews to make the best selection. Playing casino games can be an entertaining and rewarding activity but you have to keep in mind that as long as it involves real money, you should act responsibly. The gambling sites featured on our website are dedicated to responsible gaming and each of them provides you with the contacts of the institutions and organisations which may help you if you have issues with problem gambling.