WHAT IS A WELCOME BONUS?

Understanding Welcome Bonuses

Today, the increasing number of online casinos burgeoning on the Internet has resulted in strong competition among these online enterprises to secure new customers and retain the old ones. One of the key factors that influence new players to sign up at a particular casino or favour one casino over the other is the type of welcome bonus on offer. Currently, almost all the online casinos on the internet offer welcome bonuses to players. These bonuses are immediately deposited into a players account on sign up.

A welcome bonus is basically an extra sum of money or a promotional set of points that is delivered to a new player on registering at an online casino. This is a gift given by the online casino to lure the player into signing up and is delivered into a player’s online account as soon as the player sign up with the site. Each online casino has a different type of welcome bonus that has it sown wagering requirements. Although player may get the welcome bonus on sign up, he or she cannot withdraw unless the wagering requirements set by the casino are first fulfilled.

Welcome bonuses rarely come without strings attached and the key to finding a good welcome bonus is to find the type of bonus that will suit your wagering habits and bankroll.

Welcome bonuses are only given to player’s who sign up with the site for real.

Types of Welcome Bonuses

Welcome bonuses can be of various sizes and types. Some casinos give their newly registered players a match bonus, which means that the online casino will match the new player’s first deposit by 100% or more. These match welcome bonuses have fixed limits up to which they will match a deposit. This means that if a player deposits $100 the online casino will then match his deposit by another $100, thus crediting his account with a total of $200. Some online casinos offer their player’s even higher deposits, often going up to 400% or so.

Other casinos prefer to pay out their welcome bonus in kind to players. This way, new players get points or hours to play. Some casinos give out their welcome bonuses in loyalty points or special casino points, which players can use to buy entries to online tournaments or use to play more games at the online casino. Other sites give the player two or more free hours where the players can gamble for free and take home any money that they win. Still others give out merchandise or points that can be used to purchase gaming related merchandise at the online casino store.
 

 
What You Need To Know About Welcome Bonuses

When looking at a welcome bonus, do not be swayed by numbers and always remember to read the fine print. Some online casinos will require players to wager over 30 times their deposit amount before they can access the bonus funds. Other casinos do not let players withdraw the money and require the players to use that money to play more games at the online casino.