What is a Welcome Bonus?
When it comes to welcome bonuses, much like other types of casino bonuses, it is vital to understand how they work. Once you have all the information regarding a deposit bonus, you will know exactly what you are getting, what you are in for, how much they are worth, etc.
So, what is a welcome bonus? You can think of a welcome bonus as a way of an online casino saying ‘hello’ to you and celebrating your first successful deposit. What’s more, welcome bonuses have since their invention become a more-or-less mandatory element of each online casino. In fact, they are such a widely-spread concept in the online gambling community that you would indeed be surprised to open up an account in a new online casino and not be greeted by their welcome offer.
Casino operators use their welcome bonuses to greet you and, by introducing appealing casino deals, attract new players. It is not a rare thing to see casinos competing to offer the most lucrative bonuses.
Welcome bonuses are often referred to as first deposit bonuses or sign-up bonuses that are given to new players as a welcoming gift, and in most cases, they aim to motivate players and encourage them to keep coming back and play on their site.
Why is a Welcome Bonus a Good Thing?
Regardless of whether you are a new player first starting out in the online gambling world, or if you are already an experienced player, welcome bonuses offered by casinos are always a good way to get introduced to said casino brand.
What’s more, building a bankroll can take a lot of time and patience and it comes in handy when a casino is willing to give away a nice welcome bonus or a welcome pack to get you started. These bonuses can double or even triple the initial deposit you intended to make, which can be quite a boost on your bankroll.
Types of Welcome Bonuses
A welcome offer is an amount of credits equal to the definite percent of your first, successful deposit. While there are a couple of different types of welcome bonus, the most common bonus offers by far are cash match deposit bonuses.
While sifting through the vast offer of deposit bonuses and online casinos, you will most likely run into an offer that says “xy amount free”. It is important to keep in mind that this term ‘free’ does not actually mean that the bonus is free, per se. What it means is that you will get a certain percentage, most commonly 100% up to a certain amount, after you make a deposit.
Additionally, you will often run into a bonus offer that pairs match deposit bonuses with a certain number of spins. These spins can be valid for certain slot games only, or for all of them, depending on the operator. Even though the most common bonus percentage that you will run into is 100%, the percentages can range from 50% to 200% or even 500%, if the bonuses are a part of a welcome package.
Welcome packages are another type of bonus offer that you may come across after signing up at an online casino. Most of the welcome packages offered, if not all of them, are several welcome offers thrown together, wrapped with a nice bow. The packages are often comprised of 3 offers for the first 3 deposits, but they can go even up to 5 bonuses in one package.
An alternative to this would be a free play welcome bonus which some casinos tend to offer. In this case, upon registering, you will be getting a certain amount of free credits that you need to spend within a certain time frame.
On the other hand, don’t get surprised if you run into a casino that offers an extra bonus in addition to the welcome offer if you decide to use the specified payment method that they are trying to promote. Usually this is an e-wallet payment, but these are not that common to come across though.
Cashable or Non-Cashable Welcome Bonus?
Another distinction between deposit bonuses, regardless of their type, is: cashable bonuses and non-cashable bonuses. Whichever bonus offer you come across, the important thing is to pay attention to which category it belongs.
A non-cashable bonus is often referred to as a sticky bonus, as well. The reason it is called this way is because you will be eligible to spend it by playing various games, but you will not be eligible to actually keep the money you won.
However, as you can imagine, it is a different story with cashable bonuses. If the bonus you’re considering claiming is cashable, you will be eligible to keep the money won. However, before you do, there is certain criteria you will need to meet – first and foremost, the wagering requirements.
Whether it’s a welcome bonus or another type of bonus, usually they will come with their own specific wagering requirements. We make sure to include this information with every bonus we list on our website. However, it is advisable that you always make sure to read the bonus Terms and Conditions in full, as that is the only way to know exactly what to expect from said bonus offer.
Different operators have different wagering requirements attached to their bonuses, but the most common ones out there range from x10 to x30. Still, don’t get surprised if you run into a bonus that has, for example, a x70 wagering requirement. Anything can happen, which is why the bonus Terms and Conditions are always your best friend.
Lastly, there is indeed a handful of casinos that offer bonuses with no wagering requirements. However, these bonuses usually offer much smaller amounts than those that do have wagering requirements. And – it bears repeating – it is best you check the Terms here, too, for fine print may uncover additional info you haven’t gleamed at first glance.
Finding the Most Suitable Welcome Bonus
The main reason why there are so many different bonus offers out there is not only because the online casino choice is vast, but also because players have different preferences. When choosing the bonus that will suit you best, the most important thing is to do is always read the fine print. Still, apart from that, there are a few more things you should invariably pay attention to.
Since nowadays the choice of online casinos, and thus bonuses, is vast, finding the best casino with the best offers might be a tough task from time to time. Therefore, make sure to investigate each casino before taking a closer look at bonuses; don’t just go for the first one you lay your eyes on.
Once you have chosen an online casino, you should check out the bonus percentage offered and compare it to several different casinos before signing up. Another good thing to pay attention to would be the maximum amount that will be credited to you once you make a deposit, as well as the information regarding what the maximum bet you can make while using an active bonus is.
But that’s not all. Another key ingredient while choosing casino bonuses is the minimum deposit amount. Make sure you are always aware what this number is, so that there aren’t any unpleasant surprises.
As we’ve already stressed, the bonus Terms and Conditions are the fine print of it all, so make sure you truly recognize its importance. Since bonus Terms is where you will find all the necessary information, like wagering requirements that you need to meet, what games contribute towards the wagering requirements, or how many days you will have to meet them, never skip them. In most cases, this eligibility comes down to 7 days, but it can be more. Again, the rule of thumb is: check.
Claiming a Casino Welcome Bonus
One of the most important steps in claiming a bonus is doing research and choosing which casino will suit you best. Once that step is complete, and the decision has been made, the next one would be signing up.
Don’t forget to check how the chosen casino handles their promotions, as it can be done through bonus codes or they can be claimed automatically. Once you have that figured out, you will need to navigate to the cashier section after you get an account. From there you will be able to claim the bonus by redeeming the bonus code after the required minimum deposit has been made. Still, if there is no option visible in the cashier section, you will probably have to send that code to the casino’s support team.
If the bonus is a code-based, the bonus code should be displayed in a visible place. On the other hand, if the bonus does not get redeemed via a code, it will usually happen automatically. However, sometimes you will be asked to contact the support after the deposit has been made, nonetheless.
When it comes to welcome bonuses, the first deposit usually ranges between 10 and 25 credits, but this is also one of the things that varies from one casino to another, and yet another reason why you should read the bonus Terms and Conditions in depth.
Ultimately, claiming a welcome bonus can also depend on where you are at the moment, i.e. on the bonus’s country restrictions. For example, if a bonus can be claimed by players residing in Great Britain and you’re a UK player, you should be fine (considering other parameters line up, too). On the other hand, if a bonus’s Terms clearly state that players from Sweden won’t be able to play using said bonus money and you reside in Sweden, you will have to move on to another online casino with another welcome bonus where Swedish players are accepted and thus be able to make use of the bonus money.
Welcome Deposit Bonuses List for a Good Start at an Online Casino
The welcome bonus is how a casino celebrates your first successful deposit, so make sure to claim yours and start having fun. Below is the list of bonuses that we are keeping up to date, and the ones listed below are the latest ones available. All of them are handpicked for you, so take a few moments to browse our welcome bonuses list and find the bonus offer you consider the most appealing one.