Welcome bonuses are one type of promotion offered by online casinos. The main goal of the welcome bonus is to attract new players to become their users. Thus, to help the casino become more popular in the online gaming world. This bonus is actually the best offer you can find in an online casino.
Why is the Casino Bonus a Good Thing?
Whether you are a new player just entering the world of online gambling or you are already an experienced player in search of an online casino, the welcome bonuses offered by casinos are always a good way to get acquainted with the aforementioned casino brand. What’s more important, increasing your cash balance can take a lot of time and patience. For sure, it will come in handy when the casino is willing to give you a nice welcome bonus or welcome package to start playing. These bonuses can double or even triple the initial deposit you made, which can significantly increase your casino cash balance. Read about the 1xBet welcome offer, which is one of the best at the moment.
How Does Casino Welcome Bonus Work?
The basic principle of the casino welcome bonus is that you cannot withdraw it immediately. This means you will have to play with that bonus for a certain period. The casino would go bankrupt in a short period of time if every player who registered and received the bonus, immediately withdrew that bonus and went to the next casino. To receive the bonus you must meet certain conditions. For example, to wager it at least 25 times or something like that. Before you accept the bonus, it is best to contact customer support who will explain the specific conditions for using it.
Types of Welcome Bonus
Deposit Bonus – the most common type of casino bonus. You get a bonus match to your first deposit of 100%, 200%, 300%, or even 500% depending on the casino. Check out the Coinbet24 welcome offer.
No Deposit Bonus – some casinos offer a no deposit bonus as soon as you open an account. As the name suggests, you do not need to pay a cent for this type of bonus. This bonus is offered in order to try the games offered by the casino without risking a loss.
Welcome Package – this is in a way a combined bonus. It offers a deposit bonus and free spins. Unlike the deposit bonus which applies only on the first deposit, the welcome package includes bonuses on the second, third, or even fifth deposit as well. Check out the 1xBet welcome offer.
Free Spins – Free spins are awarded to the user in order to try out the slot machines in the casino. It can be 5, 10, 50, and even 100 free spins. Every free spin has its value so you can only win, not lose.
Mobile Bonus – some casinos offer a welcome bonus for users that download their mobile app or use the mobile version of the casino.
Cashable and Non-Cashable Bonuses
Another difference between deposit bonuses, regardless of their type, is whether the bonus is ‘cashable’ or ‘non-cashable’. Whatever bonus offer you come across, it is important to pay attention to which category it belongs to. Since the online casinos do not specifically categorize the bonuses as cashable or non-cashable, you can’t really know which category it belongs to unless you understand the difference.
What is Sticky Bonus
The non-cashable bonus is also called a sticky bonus. The reason it is called sticky or non-cashable is that you won’t be allowed to withdraw the bonus funds. The purpose of the bonus is to give players extra funds for playing various games for a chance to win. So, this bonus can only be used for playing, cannot be withdrawn. On the other hand, the deposit amount and the winnings from the sticky bonus are available for withdrawal once the wagering requirements are met. So once you’ve used the bonus funds and you’ve scored some wins, you will need to meet the wagering requirements in order to withdraw the winnings.
What is Non-Sticky Bonus
As opposed to the sticky bonus, there is a non-sticky bonus or cashable bonus. This type of bonus is the most common welcome bonus that online casinos offer. Mainly, the bonus funds can be withdrawn once the wagering requirements are met. For example, you deposit €100 and get a bonus of €100 more. The casino will ask you to play the bonus amount a specific number of times before it allows you to withdraw it. But the point is, that it can be converted into cashable funds.
Sticky vs Non-Sticky Bonus
Now, when compared both types of bonuses they have advantages and disadvantages. With the sticky bonus, you are given a lot of funds upfront, which is a great advantage and you can score a win without using your money. But the disadvantage is that you can’t withdraw those funds. It is a bit risky in case you don’t score big winnings that you can withdraw later.
The non-sticky bonus is less risky since from the beginning you know the amount that you might be getting if you meet the wagering requirements. But in case you don’t meet the wagering requirements, you won’t receive anything.
Finding the Most Suitable Welcome Bonus
The main reason why there are so many different bonus offers is not only because the choice of online casinos is huge. It is also because players have different preferences. When choosing the bonus that will suit you the most, the most important thing is to always read the so-called fine print. That refers to the terms and conditions of that bonus.
However, there are a few other things you should always pay attention to. Since the choice of online casinos, and thus bonuses, is huge today, finding the best casino with the best deals can be a difficult task from time to time. Therefore, be sure to research each casino before taking a closer look at the bonuses; don’t just go to the first one you come across.
After choosing an online casino, you should check the offered bonus percentage. Then, compare it with several different casinos before you sign up. Another good thing to pay attention to would be the maximum amount that will be credited to you after you make the deposit, as well as information on what is the maximum bet you can make while using the active bonus.
But that’s not all.
Another key element when choosing a casino bonus is the minimum deposit amount. Be sure to pay attention to what that number is so that there are no unpleasant surprises.
Claiming the Casino Welcome Bonus
One of the most important steps in getting a welcome bonus is researching and choosing the casino that will suit you best. Once that step is completed and a decision is made, the next would be to accept the bonus. Don’t forget to check what you should do in order to accept the bonus offer, because it can be done using a bonus code when depositing; automatically once you select the option when registering; or you will need to accept it in the bonus section before depositing.
If the deposit is accepted with a bonus code, make sure to find the code in the terms and conditions of the bonus, or maybe is stated somewhere on the front page. If it is this type of bonus, you will need to enter the bonus code when making the first deposit. Do not proceed with the payment if you didn’t find where to enter the code, because there might be an issue. If this happens, is best to contact customer support first.
On the other hand, if you don’t need a bonus code, then the process is done automatically once you choose a bonus offer when registering. This is usually in casinos that offer a separate bonus for sports betting and separate for casinos. When you open the registration form you will be asked to choose which bonus you would like to receive. Once you select it, it is automatically accepted as your welcome bonus.
There might be a third way to do this, by accepting it in the bonus section of your account, before making the first deposit.
Welcome Bonus Terms and Conditions
The most important thing to keep in mind is whether the bonus is related to the deposit or not. If the welcome bonus is not related to the deposit, you are free to use it and withdraw the profit. If, on the other hand, is related to the deposit, then your bonus practically represents your second chance.
When it comes to welcome bonuses, there is a minimum first deposit amount that players must make. It usually ranges between €10 and €25. It is also one of the things that vary from one casino to another. Another reason why you should read the bonus terms and conditions in detail.
Another thing that is introduced is the wagering requirements for each bonus. If it is a deposit bonus then there are wagering requirements in order to withdraw the bonus. If the bonus is in free spins, then there are wagering requirements on the winnings from the free spins. In any case, the casinos have to have a way to protect themselves when giving out bonuses.
When it comes to payment methods, even though the casino might have many options offered, sometimes the welcome bonuses are limited to a few payment methods. For example, the welcome bonus is not available if a deposit made with e-wallets or something like that. Check the terms and conditions to be sure, before making the deposit.
Finally, accepting a welcome bonus can also depend on where you are at the moment. For example, if players residing in the UK can claim the bonus, and you are a player from the UK, everything should be fine. But, the bonus can also clearly state that players from Sweden for example are not eligible for the specified bonus. So if you are a player from Sweden, you will have to look for another online casino with a different welcome bonus, where Swedish players are accepted and thus be able to take advantage of the bonus money.
The welcome bonus is a unique way for the casino to celebrate your first deposit with them. Be sure to claim your bonus and start having fun. If you carefully follow the rules and guidelines we have given you, you will be able to make the best use of the welcome bonus at the casino you have chosen.