Welcome Bonus: What Is It?
Many gamblers tend to look forward to playing with the best bonus when they join an online casino, which is the Welcome Bonus. One of the primary difference between brick-and-mortar and online casinos is that the former offers different kinds of promotions for attracting players. Amongst these is the welcome bonus which is one of the most popular and lucrative ones. This helps you to play longer and thus, have a chance to generate more winnings.
Basically, this offer represents an incentive used by a casino to lure you to sign-up for its services. You will receive it when you register a casino account and make a deposit. Each gambling site has its own offer, and due to the competition, all of them try to make it the most enticing one. In case you are unable to make the deposit immediately, some sites offer other bonuses like no deposit offer.
Types of Welcome Bonus
There are various welcome bonuses, and two of them are most common on the internet. In order to decide which one is the best for you, you need to have a fair idea about their details.
The offer comes in two forms – the cashable and non-cashable. The difference between them is pretty simple to understand. However, gambling sites hardly ever highlight them. You will notice the difference when you read the terms and conditions.
You will be able to withdraw the amount that is provided to you. However, you will only be able to do this when you fulfil the wagering requirements. These are the most preferred once. At times, it comes with a maximum withdrawal limit.
Non-Cashable or Sticky Bonus
This is the type of offer provided to you for playing and cannot be withdrawn. It can be used for further wagering. Even if you are able to cater to the wagering requirement, you can just withdraw the initial deposit and the profit. This is a way employed by casinos to recover their investments.
What to Play Using the Welcome Bonus?
You might already be aware of the fact that when you start playing at a new gambling site, it is going to come with certain terms and conditions. Hence, it is better to check out all the strings attached.
One of the primary restrictions on the new welcome bonus is that you will not be able to use it for specific games. Rather it is going to be limited to the games which have been chosen by the casino.
For instance, there are certain casinos that offer a welcome bonus of $50 and will allow you to use it when you play a video slot. Again, they can allow to use it on anything except the live dealer games.
The second limitation is applicable to certain games and is rare. In this case, the casino is going to list the games that are applicable for the offer. At times, this list might be pretty small and often contain games from just one provider.
Hence, it is better to check the terms and conditions prior to starting playing.
Why Is It Important to Read the Terms and Conditions?
One of the primary things that a player needs to do is read the terms and conditions. Here are a few things that you need to be careful about when it comes to the terms and conditions of the welcome offer.
- The wagering requirement tells you the money that you have to wager to be able to withdraw the online casino’s welcome bonus. Check the amount and if it is applicable to the bonus and deposit, or only the deposit;
- Check on the game value to fulfil the wagering requirement as games might qualify for a specific percentage of the basic wager;
- At times, the offers are region-specific, and punters from some countries might not be eligible for it;
- The payment option you have chosen might keep you from getting this offer. You will find the accepted methods listed in the terms and conditions;
- Some offers come with a promo code.
It is okay to be excited about the welcome offer and promotions offered by the gambling site. However, check the terms and conditions prior to accepting them. The only way you will be able to profit is when you have proper knowledge and skills.