A casino welcome bonus is additional money offered by an online casino. However, How do casino bonuses work and how can you get one?
It is said the best casino bonuses offer several advantages to players. However, they may not all suit your needs. Therefore you need to be aware of what they entail. Read below to find out more.
Understanding a Casino Welcome Bonus and Making it Work for you:
Here are a few tips to make our Welcome Bonus work for you:
Welcome Bonuses are not always a one-time offer. Some casino bonuses extend over several deposits and that’s advantageous to you as it sees your money go a lot further. Therefore it is a good idea to keep an eye out for these bonuses.
Deposit Bonuses boost the total amount in your account and allow you to play for longer.
Look out for wagering requirements because should you not meet the stipulated wagering requirements you may forfeit your winnings and the bonus.
Before you start check out the online casinos accepted deposit methods. For example sometimes deposits made with Neteller do not qualify for the Welcome package.
Tips on Cashing Out a Welcome Bonus:
Before you accept a casino welcome bonus you need to ensure you have done the following:
Always check the bonus Terms and Conditions so you save yourself from any unforeseen surprises down the line. For example restricted payment methods, wagering requirements and maximum bets.
Ensure you know how to claim the offer. Do you need to use a bonus code before or after first deposit or is the bonus automatically credited? If you are unsure, contact the support desk once you have registered your account. Also check what it takes to opt out, always a nice to know.
Lastly know the casinos withdrawal times as well as pending periods so you know when you will receive your winnings when a withdrawal is requested.
Online Casinos Wagering Requirements:
Wagering requirements are a necessary evil when it comes to bonuses and almost all the casinos have wagering requirements on their bonuses and the reason behind that is to prevent immediate withdrawals. Casinos use wagering requirements so you roll your money over numerous times, usually between 30-40x and some as high as 60x.
We are now finally at the stage of explaining the Welcome Bonus to you as we have covered what you need to know before accepting one so let’s move on and get down to the nitty gritty.
What is a Welcome Bonus?
One could describe a Welcome Bonus as a “carrot” enticing new players to join their site and make deposits. They are designed to make new players feel special and very welcomed as they receive match bonuses and often Free Spins are added to the mix to keep players coming back.
Each Welcome Bonus has its own Terms and Conditions and once again we stress read them carefully. A typical Welcome Bonus looks like this:
- 100% Match Bonus up to $500
- Minimum deposit: $20
- Wagering: 30x on bonus
The above means on your first deposit they will match whatever you have put in at a 100% so if you deposit $200 they will match it with a further $200 and you will have to bet 30x of the bonus amount before you are allowed to withdraw.
Cashable and Non-Cashable Bonuses:
The difference between the two bonuses is simple. Cashable Bonuses are bonuses that allow you to withdraw the bonus amount. Non cashable bonuses simply give you longer playing time.
Can All Games be Played Using the Welcome Bonus?
It is important to note that there are restrictions in terms of which games can be played. Especially what percentages they contribute towards the welcome bonus wagering requirements. Generally Slots, Scratch Cards and Keno contribute a 100% towards wagering requirements. The game restrictions are listed on their Bonus Terms and Conditions.
Tips regarding Welcome Bonuses:
Always Check the Following before accepting a casino bonus:
- Location restrictions
- Bonus Codes
- Wagering Requirements
- Accepted Payment Methods
- Withdrawal Restrictions
- Games Percentage Contributions
- Read Terms and Conditions carefully
Should you wish to test out your new bonus knowledge, then why not have a look at out Top 20 Casinos page? On this page we have listed the casinos with the best bonuses. Alternatively you can read our Vera John Casino Review for details of their welcome bonus.