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What is a welcome bonus? Where do I find the best welcome bonus for me? How can I claim a welcome bonus?
These are all very valid and very common questions which are asked in the modern day. Luckily for you, we are here to give you the perfect breakdown for all you need to know regarding welcome bonuses.
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Finding the best welcome bonus
When you first start out with the online gambling world, it’s not easy finding the right welcome bonus for you. There are so many out there and all different in their very own unique ways. Some can benefit those who have been in the online gambling scene for a while, and some benefit completely new customers who don’t know as much about it all.
When attempting to select a welcome bonus, ideally you want one which not only has a high bonus amount, but also one which is low in it’s wagering requirements. The reason for this is because you not only would be getting your funds withdrawable sooner, but also because you can get a higher win amount.
These tips are crucial when it comes to welcome bonuses and we plan on making it a little bit easier for you to choose one. First however, we need to give you more information on what to expect and look out for.
What is a welcome bonus?
It’s simply a bonus to new players wanting to sign up to an online casino. It’s great for you as it gives you a little extra head start when you make your deposit, and its also beneficial for the casino as it’s a great marketing technique for them to get new customers.
Different types of Welcome Bonuses?
Yes, there are different types of casino bonuses for you to choose from, but below are the main ones that you’ll find:
- Deposit bonus
- No deposit bonus
- Free spins
Deposit bonuses are exactly what it says on the tin. You must make a deposit of a minimum amount and then you’ll be able to claim the deposit bonus. For example, the welcome offer might be “100% up to…”. This means that the amount you deposit will be matched by the casino operator and will sit in your balance. These funds are not withdrawable yet due to the wagering requirements, but this is something we will explain later on.
A no deposit bonus is pretty much the exact opposite. However, they are rarer to find and can be a lot higher when it comes to the wagering requirements. So no deposit is needed, but you do need to wager, which makes this type of offer very similar to the free bets one, or does it?
Well yes and no really. A free bet is literally a free bet. The casino usually dishes these out in free spins and it will be on a specific slot game. A very common offer we have seen recently is “Join today to get 10 free spins on Starburst once you sign up”. 10 free spins, simply for signing up. Majority of the time the winnings will be yours and you can withdraw them too, but sometimes you may need to wager. It all depends on the casino.
What’s a wagering requirement?
Well, its a bit like a parachute for the casino operator in the case that they get really unlucky and you get lucky. 90% of the time, all online casinos, especially those with a valid operating license, have random number generated slot games. This means that not even the casino itself can know when a slot game may pay out or not. Now it might just be that the one times you claim your welcome bonus from the casino, you play a slot game and win the jackpot. Well, you would need to then complete a wagering requirement.
A wagering requirement is basically where you’ll need to keep playing a certain amount before you can have your funds withdrawable. For example, a common wagering amount is 30x. This means whatever the bonus amount is that you have claimed, you will need to play that amount 30 times before you can have any further winnings withdrawable.
It may seem like a lot, however, it’s been done and happens on a daily basis. I wouldn’t let this put you off claiming a welcome bonus, but I would definitely consider it when choosing the right online casino. All this information can be found in the terms and conditions of every online casino.
Tips when claiming a welcome bonus
To confirm, these are tips, not tricks, and we have no intention of trying to outsmart a casino, because it doesn’t usually end up in anyone’s favour. We simply want to give you a heads up on what to expect and to make sure you look out for certain things.
Below is a small list of things to look out for:
- Always read the terms and conditions so you know exactly what your wagering requirement is and you know the amount you need to play before you can withdraw.
- Read some online reviews about the online casino to make sure they are legit and there is nothing suspicious about them.
- Make sure the payment methods are to your satisfaction and that they are methods you are willing to apply too.
- Most casino’s offer demo versions of slot games or even table games. Make sure to check them out to make sure the games are what you would enjoy playing on before you make a deposit.
- Always try the customer support to make sure that it’s fast and helpful, you never know when you may need them.
Final summary on Welcome Bonuses
Well, it’s been emotional but we are at the end of the review on welcome bonuses now. We hope that this information has been helpful and if you’re looking for more information on other types of bonuses, you can check that out on our casino bonus page.
Make sure to remember that the online casino experience is meant to be enjoyable at all times. If this is something you realise isn’t happening then stop and perhaps find a new one to enjoy.