Online Casino Welcome Bonus Guide
When joining an online casino, many avid gamblers look forward to cashing in on the best bonus they’ll perhaps acquire throughout their gambling experience; the online casino Welcome Bonus. If you’re not sure what this type of bonus is and how you can acquire one, we’re here to help. Have a read through our guide and choose a casino from our list to get one today!
One of the key differences between online casinos and their brick-and-mortar counterparts is the fact that casinos on the net feature various types of bonuses in order to attract players. Out of the lot, the online casino Welcome Bonus is one of the largest and most popular bonuses out there which can serve to allow you to play longer and perhaps even generate a win!
A Welcome Bonus is an incentive offered by a casino to sign-up to its services. This type of bonus is typically received once a player registers his/her details as well as makes a deposit at his casino of choice. As it stands, most casinos on the net offer their own unique competitive bonuses due to there being so much competition. Normally this type of bonus is received when a player makes a deposit at their preferred online casino. Yet, if you don’t wish to make a deposit immediately, you can also now benefit from a No Deposit Bonus instead which is given to you on signing up.
Why use a Welcome Bonus?
We all know that money doesn't grow on trees. And if you find yourself wanting to spend time placing bets at the casino, you’re probably aware that it will take a lot of time, patience and will power to build your bankroll. But rest assured that it will all be worth it once you do as nowadays the bigger your bankroll, the better and BIGGER your bonus will be, especially if you’re playing online!
Ultimately, Welcome Bonuses can double or even triple your initial investment if chosen correctly. This will in effect help you to stay in the game for longer than you would with your own designated bankroll. Although it’s not always allowed, sometimes you’ll be able to withdraw your winnings as well as your welcome bonus provided that you’re able to meet the wagering requirements.
There are many different welcome bonuses for you to choose from if desired. Have a look at the ones below.
Cash Match Bonus
The most widely offered bonus in the online casino realm is perhaps the cash match bonus. On shopping around for bonuses, you’ll typically notice that casinos will advertise ‘$X free’. Although the term ‘free’ is usually considered to be the magic word when buying anything, this bonus isn’t actually free per se. There’s a catch. In most cases, you’ll have to deposit money prior to gaining the reward. Whether you’d like to deposit $500, $1000, $2000 or more is up to you, but generally you’ll find that the greater the amount you deposit the more bonus money you’ll be able to acquire. However, this will not only be dependent on the amount you deposit but also on the catch match percentage. These percentages differ from casino to casino. So, for example you might come across an online casino with a cash match percentage of 50%, whereas another casino will opt to offer a better percentage of 100% and another competitor may offer 150%. If you opt to claim the welcome bonus with the catch match percentage of 100% and you deposit $100, you’ll be able to double your cash to $200. However, before making your decision, we recommend that you always read the fine print before you cash in on your bonus as most of the time you’ll have to meet the wagering requirements before you withdraw your winnings.
Staggered Cash Match Bonus
Essentially, a staggered cash match bonus is one that may give you a higher percentage match when you deposit more money. So, say you deposit $50 and you get a match bonus of 50% and when you deposit $100 you get a match of 100%. Sometimes, you’ll even find casinos grant you a staggered cash match which gives you the incentive to make more than one deposit.
Make Your Own Bonus
Other than the Cash Match Bonus and the Staggered Cash Match Bonus, you’ll also be able to find the less popular but perhaps more lucrative Make your Own Bonus. This type of bonus will not fundamentally depend on the amount you deposit. Nonetheless, a minimum deposit will be required in order to cash in on your bonus. When receiving this kind of Online Casino Welcome Bonus, the casino will allow you to play with the amount of credit it gives you within a certain amount of time. The free money you’re given will allow you to make the most out of the time that has been allocated to you. You get to pocket the amount of money you’ve won in that period and whatever you win will be considered your welcome bonus. Yet, if lady luck isn’t on your side and you don’t happen to win anything, the majority of online casinos out there will offer you a consolation prize. Ergo, it’s a win-win situation if you opt to cash in on this type of bonus instead.
Follow CasinoTop10’s expert tips in order to find the best casino bonus by reading below!
1/ Shop around for the Best Bonus
Over the last two decades, online casinos have become increasingly more popular rivaling their brick and mortar counterparts in Las Vegas, Mote Carlo and Macau with their fruitful Welcome Bonuses. Needless to say, the internet is absolutely awash with these types of bonuses. So, in looking for one, you shouldn’t settle for the first one you find. Opt to shop around instead. Also bear in mind that casinos always upgrade their bonuses from time to time. So, be on the lookout.
a) Check the Bonus percentage and the maximum amount
Prior to signing up to a site, you should compare the bonus match percentage that one online casino is offering to various other ones. Moreover, make sure you also check the maximum amount you’ll manage to receive once you deposit money.
b) Read the Terms & Conditions to learn about the wagering requirements
On receiving an online casino welcome bonus, you won’t always be able to withdraw your money immediately. In fact most frequently, you’ll have to meet the wagering requirements in order to withdraw your money, if you do win. So, don’t just jump at the thought of receiving a bonus, opt to become well informed first.
c) Find out how much your game of choice contributes to the wagering requirements
Playing different games will contribute to your wagering requirements. Yet, not all games will be able to contribute equally in regards to this. Always check how much playing certain games will be able to contribute to your wagering requirements.
2/ Be aware of the fact that you can always decline an online casino welcome bonus
Upon signing-up to an online casino, you should always be aware that you don’t have to take up their bonus offering. If the casino you’d opting to sign-up isn’t offering a good deal which will help you out in the long run or you simply don’t want the hassle of trying to meet the wagering requirements, simply either search for another casino with a better offer or don’t take the bonus.
3/ Play with your own money before the bonus
Some online casinos will allow you to play with your own bankroll before you tap into your bonus money. In some cases, it is possible to win a large amount before you actually use your bonus money. Moreover, some online casinos will actually allow you to withdraw your winnings without having to meet the wagering requirements. However, this will entirely depend on the online casino you’ve chosen to play at. If it’s the case and you manage to win big, you should opt to withdraw the money and forfeit your bonus.
4/ Check out CasinoTop10’s Best Bonuses before signing up to an online casino
Before you sign up to an online casino, you ought to have a look at CasinoTop10’s list of Best Bonus Casinos above. Our experts have ranked and reviewed each casino along with its bonuses in order to ease you into the online casino realm.
Sign Up to an online casino and get the Best Welcome Bonus!
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