Types of Welcome Bonuses
It’s not uncommon to see two identical online casino welcome bonuses at two different online casinos. There are so many types of welcome bonuses that eventually they’re going to be identical to the detail. However, online casino operators have made attempts to diversify the welcome bonuses that ended with success. Not only do they stand out with unique welcome bonuses in terms of rewards, but they also have distinctive terms and conditions. In order to avoid unwanted, unpleasant situations always double check the terms that apply to the welcome bonus you want to claim.
Standard Welcome Match Bonus
They’re the first welcome bonuses that were ever part of the promotions section in an online casino. Standard welcome match bonuses are as old as the first online casino. The bonus funds a player can claim is determined by a bonus percentage and a maximum bonus amount. These casino bonus percentages range between 50% and tremendous 1000%. However, we rarely see a 1000% welcome bonus. The bonus percentage is the multiplier by which your deposit will get boosted. For instance, let’s say your deposit is $£€100 and the bonus percentage is 200%. The bonus amount will be $£€200, which means you can start playing at this new casino with $£€300 in total from the get go, $£€100 being your deposit and $£€200 the bonus amount given from the bonus you’ve just claimed.
This is the most common type of welcome bonus among well-established online casinos. Recently established online casinos have taken a different approach to showing their generosity to their new players.
Welcome Packages - Match Bonus and Free Spins
In our opinion, this type of bonuses is the best. They are versatile, flexible, players usually get the highest value for money and they also get the opportunity to play some of the best online casino games for free. Usually, this type of welcome bonuses will boost your 1st deposit by 100% or even 200% on top of the additional free spins. The number of free spins differs greatly from one casino to another. Furthermore, the free spins may but not necessarily be played on one game only. In most cases, these free spins can be played on games produced by NetEnt and Yggdrasil Gaming.
Bear in mind, the free spins come with different wagering requirements than the ones that apply to the bonus money. It’s worth checking before you start playing.
Welcome Packages – Match Bonuses in Sequence
Instead of handing you a 100% match bonus on your 1st deposit up to $£€1,000, for instance, there are online casinos that will split this bonus amount over several separate match bonuses. To illustrate, the 1st deposit bonus might be a 100% up to $£€200, the 2nd 50% up to $£€400 and so on. The majority of online casinos usually offer between 2 to 5 match bonuses that are part of the welcome package. However, there are some that extend their generosity, giving you 100% match bonuses on your first 10 deposits. If you were to claim all of these 10 bonuses you can get as much as $£€10,000 in bonus money! What a way to start your stay at a new online casino.
1st deposit bonuses usually come with higher wagering requirements, whereas the subsequent deposit bonuses such as the 2nd deposit bonus, the 3rd deposit bonus and so on, come with lower wagering requirements. In some cases, the wagering requirements can be cut in half for the subsequent bonuses than the 1st deposit bonus.
In most cases, all of these bonuses come with the same wagering requirements. However, casinos can deviate from this rule. The higher the bonus percentage is, it’s expected that the wagering requirements will be higher as well, in other words, if you were to withdraw you have to wager the deposit and bonus amount more times.
Welcome Packages – Free Spins only
We’ve spotted a trend among new online casinos that offer only Free Spins as a welcome gift. However, unlike the welcome packages we mentioned earlier, these free spins can be played on a selection of games. Some online casinos offer free spins without any wagering requirements. In other words, what you win is yours to keep. Online casinos may offer free spins on your first 4 deposits for instance. However, usually they’ll give you 50 to 100 Free Spins right off the bat.
Sign Up Bonuses with Bonus Codes
It’s a common practice to allow new players to claim the bonus they want. In the event of offering several different welcome bonuses or welcome packages, bonus codes are the best way for the player to communicate what bonus he/she wants.
Make sure that you have the correct bonus code. In addition to this, double check if the bonus code is still valid. Should you encounter some sort of malfunction, contact customer support immediately. Otherwise, you might end up empty handed, without the bonus.
Terms You Should Be Aware About Regarding Welcome Bonuses
If you’ve been just introduced to online gaming, casino bonuses in particular, you better be cautious what welcome bonuses you desire. If you’re on the hunt for a juicy welcome bonus, then this will determine where you will play next. You can choose the casino, but you hardly ever can choose the welcome bonus. Nonetheless, it’s the terms and conditions that apply to the welcome bonus that you should worry about the most. Let’s take a look what information you need to be aware about before you claim a welcome bonus.
The wagering requirements of any bonus can discourage you from claiming it. They might be too high for your personal taste. Welcome bonuses can require the player to wager both the deposit amount and the bonus amount a number of times, usually between 20 and 50 times. 50 times deposit+bonusis considered as high wagering requirements, whereas 20 to 30 times is considered low to average.
Some online casino welcome bonuses require only the bonus amount to be wagered a number of times, excluding the applicable deposit. To illustrate, we’re talking about 40 times the bonus amount. In our personal opinion, these wagering requirements are fair to all types of casino players.
You can find the applicable wagering requirements in the terms and conditions of the online casino, in the dedicated bonus terms and conditions, or right below the welcome bonus at hand.
Maximum Cashout Limits
It’s not a common practice, but it’s worth checking. If there’s a cashout limit, it usually depends on the amount you’ve deposited. For example, it might be 5x the deposit amount, 10x the deposit amount. Cashout limits are considered discouraging, especially among passionate players. They exist to protect the cash flow of the casino.
Games That Contribute to Wagering Requirements
These particular criteria apply to all bonuses, regardless of their nature. Each casino comes with its own list of games that contribute towards wagering requirements and how much. Games like slots, scratch cards and keno apply 100% to meeting the wagering requirements. Blackjack, roulette and other table games or card games usually contribute 10% of the bet/wager amount, but in some instances they may not contribute at all.
This is essential. If you’re a slot player, you have nothing to worry about. Virtually every single casino allows players to meet the wagering requirements by playing slots. However, if you’re a blackjack player and you’re fond of welcome bonuses, you better check the terms of the bonus, or the list of games that will allow you to meet the wagering requirements, or wager through the respective deposit + bonus amount.
Sign up, or welcome bonuses are subject to rather loose rules when it comes to the expiry period. Some of the common expiry periods are 30, 60 or 90 days. 30 days can be too little, of course, depending on the bonus amount and play style of the player. You are required to meet the wagering requirements within this period. If you complete the wagering requirements within this period, you can submit a withdrawal request. For more information, contact customer support since this part of the terms is tailor made.
There are well-established online casinos that are eager to accept players from every corner of the globe. However, due to strict regulations they are unable to accommodate players from certain countries and regions. Because of this, there’s a fine selection of players coming from a given group of countries who can claim the bonuses, including the sign up bonuses.
If you’re located in one of the restricted countries and you claim the bonus and you win, you’re still not going to be able to withdraw. In short, your account will be blocked, the winnings void. Should you not find a list of this kind, ask the customer support if you want the most accurate information. These lists change from time to time due to the change in legislation.
Note, some casinos offer one welcome bonus per household, not per player. This means that if your sibling, your spouse or even roommate has claimed the welcome bonus already, you won’t be eligible for the welcome bonus offer. Your personal information is thoroughly checked to prevent misuse of bonus offers. That’s why you will be requested to provide a proof of address.