Casino Welcome Bonus

by GambleScope Research Team

Increase Your Bankroll Instantly With Casino Welcome Bonuses

Sign Up (Welcome) Bonuses – What are they exactly?

So you are ready to start playing casino games online, and you see that every site you check out has a welcome bonus that can be yours if you join and make an initial deposit. However, it is a known fact that nothing in life comes for free, so you decide to do some research before investing real money. After coming across several sites that don’t offer any useful information, you finally make it to GamebleScope.com, where you find this page that tells you everything you need to know about casino welcome bonuses.

This scenario is very common nowadays since most online casinos don’t take the time to explain what the offers are really about for new players. The terms and conditions are not made clear from the start, and this can result in unhappy customers that expected one thing and got something completely different. It is very important to understand what a casino bonus is precisely and how it can work to your benefit.

First of all, the term welcome bonus refers to the promotional offer available for new players on the first deposit. This means that you have to register with the online casino and then make a qualifying deposit to claim the bonus. The standard offer nowadays is of 100% up to a specified limit, meaning that the bonus amount received is equal to the size of the first deposit.

With the help of a welcome bonus, you can potentially double your bankroll and have more money to enjoy the games you play. You might be thinking at this point that you could simply join a new online casino, deposit €200 to receive a €200 bonus, and then withdraw €400. It is the easiest way to double your money right? Well, not quite.

The operator will not just let you withdraw the bonus funds since giving away free money for nothing is not exactly a good business practice from their point of view. This is where the casino bonus terms and conditions come in to play since the T&C’s go into detail about the offer. Various restrictions are imposed to prevent fraud and abuse, and you should know what they are and how they work.

CONTENTS

Understanding the Terms and Conditions

The first things we need to talk about are the conditions for getting a welcome bonus. While these can vary from one online casino to another, some general rules can be applied to most gaming sites in the industry. A minimum deposit of €20 is usually needed to claim a bonus, and some banking methods are restricted, frequently web wallets like NETELLER and Skrill.

Also, some casinos will require customers to enter bonus codes to receive the offer. These codes are listed on the site under promotions or can be exclusive deals made with other operators. The trend of using promo codes, however, is slowly fading, so it is not something to be overly concerned with at this time. Getting back to the conditions that you need to meet to get a welcome bonus, some offers can be restricted based on the country so you should verify that you are eligible before joining.

If all of these terms are met, the bonus should be instantly added to the account as soon as you complete your first deposit. You will notice that the funds are in a separate balance from the cash balance. The bonus balance comes with wagering requirements, which is an essential part of any casino welcome bonus.

The wagering requirements, also known as playthrough or rollover requirements, primarily represent the amount of money you need to bet at the online casino before you can withdraw cash without forfeiting the bonus and the resulting winnings. The rate varies a lot between different online casinos, but as standard typically anywhere between 30x and 60x.

For example, let's say that the casino has a welcome bonus of 100% up to €100 with a wagering requirement of 35x. You join and deposit €100 to get the matching bonus. Before withdrawing, you will need to bet €35,000 on the casino games within the limited promotional period. Most casinos allow 30 days for users to meet the rollover requirement.

Another factor to consider is the type of games played. In general, bets placed on slots are taken entirely into consideration for the requirement while bets on table games have a much lower contribution rate. Some casinos will only consider 10% of the wagers placed on tables while other operators don’t take them into account at all for completing the wagering terms. In most cases, the welcome bonus is best used for playing slots and speciality games, like keno and scratch cards.

Should You Claim?

We understand that all of these terms can be a bit overwhelming, but it is better to know about them in advance than to have unpleasant surprises when you want to withdraw money from the account. The question is if a casino welcome bonus is actually worth the hassle. The short answer is yes, but much depends on the offer and the games you plan to play.

If you want to join an online casino to only play blackjack a few times a week, it is best to skip the welcome bonus and use your real funds. This way, you are in full control, and you are not pressured to place a large volume of bets within a limited period. You can play at your own pace and then withdraw the winnings you get from using the right blackjack strategy.

On the other hand, if you plan on spinning the reels frequently, the welcome bonus can provide you with the additional balance needed to trigger those valuable bonus rounds more times. You will also have no issues meeting a reasonable wagering requirement so that the winnings are yours to keep. Of course, it all depends on the actual terms, and so we can't stress enough how important it is to read the bonus terms and understand them.

The ideal welcome bonus has a low playthrough requirement of about 35x for the bonus only, which can be met within a decent amount of time, let's say 60 days. This way, you will probably not even worry about the rate, and you can play how you like and when you want to. Such offers exist at some of the best casinos online but are not exactly the norm.

Expert Tips to Make the Most Out of Sign Up Bonuses

Nowadays, there are a lot of online casinos available, and almost every one of them has a specific welcome bonus. As a result, there is nothing wrong with doing some research to see which one provides the best offer to go along with the best games. It is a buyer's market, and you can do a bit of window shopping before you invest real money.

While we mentioned that the most common welcome bonus is of 100%, there are also some trustworthy casinos that have much bigger offers. You can get 150%, 200% or even more on your first deposit. Plus, it is not uncommon for the sign-up bonus to also include a few free spins as an extra perk. In fact, you can get up to 200 free spins if you sign up and register at the right online casino. These free spins are available for specific games, and the winnings resulted must be rolled over.

Once you find the welcome bonus you like, you should not be afraid to take advantage of it. Although casinos offer additional incentives, the welcome offer is generally the most rewarding promotion in the catalogue so you should claim it in full, or as much as you can afford to. For example, if the 100% bonus goes up to €200, you should deposit €200 to get the entire bonus if you feel like you can meet the provided terms. There is no point in depositing only €100 if you plan on adding another €100 in a couple of weeks since the second deposit might not have the same bonus offer.

The best tip we can give you is not to get blinded by the promise of free money at an online casino. Some of the less reliable operators can even promise new players 500% up to €5,000 on the first deposit, which sounds fantastic! However, the terms and conditions make the bonus impossible to clear, so it is not as wonderful as it might first appear.

Overall Verdict

Welcome bonuses are great in the right scenarios. They can provide a bankroll boost to have more fun while playing and eliminate some of the pressure when betting on your favourite slots. They can also represent the extra push needed to pick one online casino over another. Take your time and make the best decision for you. Read the terms and see if they fit your playing style. The casino welcome bonus should suit you and your requirements, not the other way around.