While there are quite a few marketing strategies that online casinos use to attract new players, the welcome casino bonus has been more effective. Also recognized as a sign-up offer, you can come across this promo in many shapes and forms.
Almost all operators on the market have at one point released a welcome offer, and some even feature this bonus as an ongoing deal. We’ll uncover the different values and T&Cs of sign-up bonuses, so stick with us if you’re a new player on the iGaming scene!
Common Welcome Bonus Specifics
As with all other casino offers, welcome bonuses have specific terms and conditions that should be respected. First off, this deal is exclusively offered to new casino members, and to be eligible for it, players need to create an account first. Welcome offers are considered one-time deals so you can obtain them only once per account.
Minimum Deposit
Depending on the nature of the sign-up offer, you may or may not need to make a qualifying deposit. In most cases, the minimum deposit for welcome bonuses varied between £10 and £50, which is reasonable considering newbies aren’t ready to spend much money from the get-go.
Wagering Requirements
Regarding wagering requirements, you can expect the best casino on the market to follow the industry standards of 35x to 60x. Since the WR suggests how many times you need to bet your bonus, the smaller the number – the easier it will be to satisfy the playthrough and cash out your winnings. The best operators on the gaming scene are renowned for offering low wagering requirements, thus increasing players’ chances of winning big.
The best options are online casinos with no wagering bonuses, which allow new players to claim a certain amount of cash, free spins, or cash back without limitations on how many times they need to play through the funds. They involve much less risk and allow you to withdraw your winnings faster than usual.
Bet Limits & Winnings Caps
The former determines the maximum and minimum bet you can make using the bonus funds, while the latter determines the maximum sum you can win and withdraw from the casino site. Both conditions are usually attached to welcome offers but depending on the value of the bonus cash, chips or spins, you can expect them to vary.
Bonus Validity Period
All bonuses come with an expiration date; the same is true for sign-up offers. The validity period starts when you claim the promotion and can last from a few days up to 90 days. It’s essential to complete the wagering and withdraw possible winnings while the bonus remains active. Once the offer expires, all bonus funds are subtracted from the player’s account, and their winnings become void.
Game Availability & Contributions
Most welcome bonuses are tied to a category of games rather than a few titles. However, depending on their nature, some games may contribute to the wagering more than others. For example, slots usually have a 100% contribution, while table games can contribute up to 50%.
First Deposit Bonus
First deposit bonuses are the most common welcome offer at online casinos. As the name suggests, players are required to make a qualifying deposit and will be rewarded with a specific deposit match percentage. You can expect 50%, 100%, 200%, and even up to 500% deposit matches, typically ranging from £100 to £1,000 in value.
Welcome Package
The welcome package is the next best thing if the first deposit doesn’t sound too appealing. These multi-tiered bonuses offer rewards for up to five deposits made to your account. Players can claim only one or two deposit matches or the complete sign-up package. The deposit match percentages may vary for each qualifying deposit; however, most T&Cs stay the same.
Even better, welcome packages usually come with a bundle of free spins. Players can claim a batch of free spins with each deposit separately or be awarded the total number upfront. The spins have different bonus conditions and must be wagered independently from the cash funds.
No Deposit Cash Bonus
No deposits are the most sought-after deals on the iGaming market, and for a good reason! They don’t require players to invest their funds to play real money games but still allow them to cash out their winnings. No deposits are frequently given to new players as a welcome incentive, allowing them to explore the online casino’s game lobby with zero risk.
It’s important to note that no-deposit cash bonuses usually come at a lower value, such as £10 or £20 and have higher wagering requirements than regular deposit match offers.
No Deposit Free Spins Bonus
If you’re a slots enthusiast, sign-up free spin offers are the best choice for your gaming endeavors. This bonus usually features up to 200 free spins, divided into bundles over a few days. The spins can be tied to a particular title, whether a popular slot or an exclusive addition in the lobby or you can use them on multiple games. Their value is often only a few cents, but players can still win significant sums with them.
Sign-up free spins’ validity period is usually shorter than first deposit bonuses. Payers may be forced to complete the wagering in a day or a few short hours if they want to withdraw their winnings.
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