A Complete Guide to Understanding Casino Welcome Bonuses

July 13, 2023
Mark Patrickson

Online casinos offer a variety of bonuses to attract new players and retain existing ones. This is an essential marketing tactic these days in what has become an ultra competitive environment. Many different types of bonuses are offered and to the uninitiated it can be a slog trying to work out which offer is the best or at least most suitable. One of the most common is the welcome bonus for new players signing up where many generous deals can be found online.

It’s also worth mentioning that bonuses can vary by region so it’s always worth checking out if any casino is targeting your home country or where you are currently staying. For example, there are a lot of new welcome bonuses for Canadians available right now.

Different Types of Casino Welcome Bonus

Casino welcome bonuses are a type of bonus that is offered to new players when they sign up and make their first deposit. The bonus is usually a percentage of the deposit amount —in the vast majority of cases 100% — and it can be used to play casino games or place sports bets.

Welcome bonuses can come in different forms, such as free spins, bonus money, or sportsbook bets. Free spins are a type of welcome bonus that allow players to spin the reels of a slot game without payment.

The number of free spins offered can vary from one casino to another, and they can either be used on specific slot games or any slot game of the player's choice. Free spins are a great way to try out new slot games without risking any of your own money and, of course, you might strike it lucky and walk away with a tidy win.

Bonus money is another type of welcome bonus that is credited to a player's account when they make their first deposit. The bonus money can be used to play casino games or place sports bets, depending on the terms and conditions of the bonus.

Bonus money usually comes with wagering requirements, which means that players must roll over the bonus amount a certain number of times before they can withdraw any winnings. Many players miss this part of the small print and feel like they’ve been scammed so don’t forget to read up on where you stand before claiming your bonus money.

Some online casinos also offer sportsbook welcome bonuses. These also usually come with specific terms and conditions, such as minimum odds or minimum stake requirements.

How to Choose the Best Casino Welcome Bonus

Choosing the best welcome bonus can be a daunting task, especially for new players who are not familiar with the different types of bonuses and their terms and conditions. Here are a few tips to help you choose the best welcome bonus.

Before claiming any welcome bonus, it is essential to read the terms and conditions carefully. These will provide you with all relevant information, such as any wagering requirements, the expiry date, and which games are eligible for the bonus.

Different online casinos offer different welcome bonuses, so make sure to shop around before making any decisions. Look for bonuses that offer a high percentage deposit match and low wagering requirements. You can also compare the different types of bonuses, such as free spins, bonus money, or sportsbook bets, to see which one suits your preferences best.

Most welcome bonuses come with an expiry date, which means that you must use the bonus within a certain period. Make sure you check the expiry date before claiming the bonus.

If you are thinking about claiming a free spins welcome bonus, don’t forget to check that there are suitable slot games that offer a high return to player (RTP) and low variance. High RTP slot games offer a higher chance of winning, while low variance slot games offer more frequent but smaller wins.

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