The truth about welcome bonuses

The truth about welcome bonuses. Can you win from a welcome bonus for real?

Casinos have had to grapple with increasing competition amongst themselves, and they have had to get creative. One of the incentives offered to players is a welcome bonus to attract more people to the site. However, as much as this bonus may seem like a reason to sign up with a gaming provider, you need to do some research prior to claiming it. Today, we will look at what this bonus entails, its variations, and the terms and conditions attached to it.

As a way of attracting and gifting new players, casinos and other gaming sites offer welcome bonuses to new entrants. These can be free spins, free games, free money, and other variations, as shown below:

The Welcome Bonus

Welcome bonus slot machine

Most casinos offer this form of a bonus, and generally, when you see this on offer, it means that the casino will give you a cash reward once you sign up. All you need to do is go through the registration process, and voila, the site deposits money in your account. That allows you to start gaming with extra money, increasing your chances of clinching a win. In some cases, the site can match your deposit up to 200%.

Please note that this bonus is subject to wagering requirements that can either make it easy or hard to access your offer. You thus need to understand the terms and conditions as we will later cover.

The No Deposit Bonus

With the welcome bonus, you get additional cash for making a deposit. But with the no deposit variation, you still get money even if you do not put up any of your cash. Often, the casino will tell you where you can use the money. For example, the site may indicate that you have a cash amount of X, which you can only use when playing game Y. As such, the cash would only come in handy in a select number of games or only one. Understanding the wagering options can help you understand if the bonus would help you achieve what you want.

Promotions

Casinos also like rewarding players who have stuck with them for a while, and they do so by giving them monthly promotions. Acknowledging this loyalty makes players more likely to keep playing with them as opposed to going after welcome bonuses in other sites. The bonuses can relate to specific games or could apply to an extensive range of games. In some cases, a site may reward you with a cash prize, which you can also use on the site and cash out as needed. Some sites have also come up with VIP points, which players can reward for bonuses. Some good comes out of being loyal.

High Roller Bonuses

If you are an adept player keen on depositing large sums of money at a time, you may want to look for a casino that can reward you based on this. Sites often skim through their players, selecting those who have stuck with them for long and played large amounts of money. They top up such players’ accounts, giving them even more money to wager on their favorite games. The rewards can also extend to gadgets, holidays, and other prizes besides cash. To get even better opportunities, you can try and work your way up the tiers to see what you can get.

Featured Games Bonuses

When casinos introduce new games or realize that some games are not performing as expected, they encourage players to try these games by giving them game-specific bonuses. For example, you may see that you have 20 free spins to use on a specific slot game. You can only use the spins in that game. The site managers hope that by playing the game, you will come to like it and will be willing to use real money the next time you play. You can also get cash to use on a given game.

Device-Specific Rewards

If you sign up through your phone or tablet, you may be eligible to get a bonus based on your device. Casinos like encouraging people to play their games on their phones as this increases the chances that players will keep up with the games on the go. All you need is to download an app and sign up, and you will get a reward for this.

Terms and Conditions

The importance of terms and conditions

As much as the bonuses may seem like easy money, casinos are not in the business of losing money. As such, they will make sure you meet some requirements before you can access the bonus. It even gets harder to cash out the bonus, and you must find a way to play with it, win and withdraw the amount. Without understanding wagering requirements, you can end up frustrated by the hoops you may have to jump to get to your cash.

A wagering requirement is the money you must spend on the site before your bonus funds become real money. In some cases, you must spend up to 50 times the value of the bonus cash to activate it. That means that if you do not gamble often, a lower requirement will work better for you.

Say, for example, you deposit £50 with a wagering requirement of 10*, you would have to spend £500 to release the bonus cash. It gets even more complicated. The site may also limit how much time you have to redeem the bonus, e.g., 30 days. Other restrictions include where you can spend the cash, how much you can wager, the minimum deposit to get a bonus, and what games you can play. Understanding these determinants can help you gauge if a welcome bonus is worth the hassle.

Winnings

You can win from welcome bonuses. For example, you may get 30 spins to spend on a game, and upon the 10th spin, you win! However, there is no guarantee that you will win. For one, it depends on if you understand the rules of the game and if lady luck is on your side. Secondly, it depends on the welcome bonus you get. If you get one that pertains to a game you do not want or understand, your chances of winning diminish. You must thus understand what is entailed in a welcome bonus before taking it. You can try your luck on sites such as Betway, 888 Casino, 777, Spin It, Genesis, and Casino Cruise.
Good luck!

Most popular welcome offers

888 casino

Premium Welcome Offer

“888casino awards newcomers with a a Premium Welcome Package Bonus worth up to €1500 in bonuses. Once you sign up and make your 1st deposit they will 100% match your deposit up to €100 instantly! If you make your 2nd to 5th deposits within your first week, you get additional bonus of 30% up to €350 for each of the deposits.”

bet365

New Player Bonus

“Get off to a flying start on Games at bet365 with a 100% New Player Bonus worth up to $50! Deposit/transfer $10 or more to Games, click Claim Now in the Offers Available section in Members. Wager the value of your qualifying transaction 30 times on qualifying games. Enjoy your 100% bonus up to $50 across a selection of great games.”

betfair

Free Spins for new players

“You must visit the betfair's casino promotions hub and accept the promotion. You must Deposit and Bet a minimum of £10 on Daily Jackpot Games. Once you have completed the qualifying requirements you will be awarded your selected free spins automatically. The winnings from your free spins hold no further wagering requirements.”

betway

Online casino new customers offer

“100% Match Bonus up to £50 on 1st deposit of £10+. 50x bonus wagering applies as do weighting requirements. This offer is valid for 7 days from your new account being registered. Irregular gameplay may invalidate your bonus”

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