Welcome Bonus Bonanzas
When you visit an online casino, the first thing you must notice up top and centre is that they are offering you a huge welcome bonus. This bonus is offered so you can use it to start playing and test out the casino games. No matter the intention, it’s important to take it up. This is a one time offer and it's almost always the best bonus you'll get!
The Welcome Bonus Breakdown
This is the biggest bonus that almost every online casino offers to all new players when they register a new account. This bonus is also known as Sign up Bonus or New Player Bonus. It's also almost always a multiplying bonus, meaning that whatever you deposit will be 'matched' by the casino once, twice, three or even four times over. When you take the welcome bonus, you’ll quickly realize that the money you deposited to play with will suddenly stretch significantly and lasts much longer.
When this bonus is offered to you by a casino, you need to understand that it usually falls into “match” or “percent” bonuses. This is the reason they will offer everything starting from 10%- 500% welcome bonus. For instance, when a casino offers you 200% sign up bonus, and then you make a deposit of $20, the bonus will be $40 dollars and then you'll have $60 in total (your original deposit plus the bonus) to start playing with. If the percentage is set at 300% and you deposit the same amount, you will get $60 on top of your $20 deposit and can start playing with $80 in total!
Often the Welcome Bonus will also come with some extra goodies, such as free spins or free games, which might nicely offset a lower percentage amount, especially for us pokie players.
The specific numbers might be different in each welcome bonus, but the meaning will remain the same across all top online casinos.
Crucial Information To Know About First Deposit Bonuses
You need to know that each casino has its own rules for the welcome bonus they offer. These bonus is there so that you can give their games a fair go, so every online casino has their own rules to prevent players from taking unfair advantage of their most generous offer and so they've set up specific terms and conditions to protect themselves.
When you get a first deposit bonus, that money you get isn’t real money but credits you will use when testing out and playing games. This means you cannot withdraw the credits you win from the bonus amount in cash form. In fact, you won't be able to withdraw the money you win after playing with the bonus credits until you have played as many times as is specified by the casino, which is usually between 30 - 60 times. This is known as wagering requirements.
What are Wagering Requirements?
To avoid inconveniences caused by the abuse of bonus, casinos usually set the wagering requirements so as to protect the bonuses they give away. Once the bonus is redeemed, a player will find the requirements that will indicate the money he or she has to wager before they can cash out the winnings generated from the bonus offer.
Sometimes a company will need a minimum deposit (wager) before allowing you to withdraw your bonus. The conditions for such bonuses will be listed in the terms and conditions of the casino. In case a wagering requirement is set at a playthrough of 20 times, it means that you need to play the bonus money through 20 times.
Meeting wagering requirements isn’t as difficult as most players always choose to continue wagering and playing the supported games. But, as a player, you need to know that sometimes requirements can be set quite high and this can make it take a longer time for you to attain your goals.
For this reason, it is recommended that you take the time to read the terms and conditions of each casino before signing up.
Online Slots Almost Always Count 100% Towards Wagering Requirements!
All online casinos will have wagering requirements, and it’s their duty to ensure that when you accept the first deposit bonus, you’ll use it for its intended purpose rather than withdrawing free money. The only problem is that most players never take the time to understand the rules before making deposits, and this creates confusions later on. It’s also important to realize that different games will count differently to the wagering requirements.
For instance, video poker will count for 10-20 percent whereas online slot machines almost always count for 100%! So if you are a slot fan, like we are, you'll make quick work of the wagering requirements on your favourite slot games and probably make quite a lot of winnings out of the bonus money too!
That's why once you've found an online slot casino you trust and want to play at, we highly recommend you accept the Welcome Bonus.
How to Claim your Welcome Bonus
Claiming your welcome bonus is easy as pie! When you find a recommended online slot casino you feel confident and happy with, here's how you get your Welcome Bonus:
- Fill out the casino sign up form
- Confirm your email
- Choose and confirm your preferred casino money transfer methods (for both deposit and withdrawals)
- Make your first deposit to your casino bank account
- Don't unclick the button that asks if you want to accept your Welcome Bonus.
And that's all there is to it!
Then when your first money transfer shows up in your casino bank account, you'll see that it's almost instantly multiplied by the casino's Welcome Bonus amount.
Now that you understand what the sign-up bonus is all about, it is time to start looking a little more seriously at the recommended online casinos you've been considering signing up to.
Sign up to a recommended online slot casino today and enjoy the benefits that come with the super Welcome Bonus!