In this article, we will uncover what is the Welcome Bonus definition. For many players, they will have heard and will totally understand what this bonus consists of. However, this article is for those of you who still have their doubts about them. Let’s check out what these bonuses are then.
Starting life at any online casino is always going to be rewarding. The iGaming industry has been set to offer new coming customers a chance to hit the ground running. We’ve seen 100%, 200% and even 1000% bonuses in our time. But how well are these welcome packages in actual fact?
After analysing the welcome bonus definition, you’ll find a clarity within gambling online. After all, questions are there to be answered. At the latest online gambling news, you may find some more guides and tips to help you overcome unfamiliar territory.
For instance, our gambling dictionary has been extremely pivotal in helping many punters like yourself comprehend betting terminology.
Welcome Bonus Definition Explained
All online casinos offer welcome bonuses. A lot of them, offer bonuses on specific games. These bonuses, which many of you have already seen, sound brilliant.
Here’s how the welcome bonus works. An online casino will tell you, ‘deposit for a 100% bonus.’ This means, that the house is willing to pay you double. Should you deposit $100, you will receive $200 in your account. That sounds easy and generous.
The reason behind these online casinos giving out such luxurious offers is to get players trying out different slot games. There are more than a thousand slot games online in most casinos so why not try them all out.
Literally, this is extra money given by the online casino for you to go and blow. And why not? If it is just extra money, why not go for it?
So, What is a Welcome Bonus Really? …Behind the Beauty…
As the picture begins to unfold, wouldn’t that mean that players would constantly be winning? Why not sign in, collect $100 and cash out? Well, that’s when wagering terms come into play. This is the catch.
If there is a wagering term of x50, which is ridiculously high, it means you will have to bet 50 times over your money.
That is to say, with the $100 you deposited, that’s $50,000.
This is where you have to make wise choices in choosing the correct online casino. For instance, Bovada Casino has a massive welcome bonus of $3,000! That’s certainly worth a go for our US customers.
Naturally, some players think of this as unjust and therefore, casinos lower their welcome bonus in order to create more lasting relationships. That is to say, the lower the wagering requirement, the happier the customer, the happier the casino – because they have finally made a happy customer who will return.
Finding a Welcome Bonus that’s worth it
A good casino is Casumo. The wagering requirements are x25 however they give a 200% deposit on first bonus. Not only that, but their welcome package is split into 5 different sections. This gives players the option to make up to £1,200 and 200 Free Spins.
How to Claim a Welcome Bonus
Is a Welcome Bonus worth it?
In order to activate such bonuses, players must always be new to the online gambling site. Once registration is complete, customers will be able to take advantage of such bonuses.
First and foremost, it’s vital to read up all the terms and conditions of the welcome package before going through with it. When double-checking the rollover and wagering requirements, make sure to find a good deal.
Afterwards, find the right code to take advantage of the offer. If you’re not sure where to look, fear not, you’re in the right place. By checking out designated pages for online casino bonuses and gambling promotions, you can find some pretty sweet offers.
Once you’ve got the right code, log-on, stick that code in and take what’s rightfully yours. If this Welcome Bonus definition starter pack has been useful for you, that’s a green point for us. However, should you have any further queries, just leave your thoughts in the comment section below.