Welcome Bonus
In the world of today, we have lots of online casinos, and each one is trying to make theirs the best. The industry has become quite competitive, with every site with tactics to gain new customers. One of the tactics used now is the welcome bonus. The welcome is a primary strategy used by online casinos to bring more players on board.
This means that there are different deals just waiting patiently to be taken advantage of. As a player, you now have a variety of choices as there are various kinds of welcome bonuses.
What exactly are they and how are they offered? Sit tight and let’s take you through.
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What is a Welcome Bonus ?
A welcome bonus is a kind of casino bonus that is offered to a customer after the sign-up process is completed. There are different types of welcome bonuses on online casinos as a means of getting more customers. Therefore, every player should try to use these bonuses to the fullest because they are perfect ways to get more for your money. Welcome bonuses can be broadly divided into two: no deposit bonuses and deposit bonuses. No deposit bonuses are offered without having to drop a dime from your account.
In comparison, deposit bonuses, also known as match bonuses are offered as soon as the very first deposit is made. The amount given is usually a fixed percentage of your deposit. Before deciding on the welcome bonus you would like to be offered, some factors are meant to be considered. Kindly consider the terms and conditions of the particular online casino you want to sign up for, wagering requirements, time limits, country restrictions, and some other factors.
Choosing free spins or cash bonuses
Free spins can be considered as a kind of welcome bonus and are usually offered by almost all the casinos. Free spins are given to spin reels for free, such that whatever you win is automatically won and can be withdrawn once you settle the wagering requirements. Online casinos offer free spins for both old and new customers as a welcome bonus or a part of loyalty promotions. For cash bonuses, it simply means a certain amount is given to a customer with no deposit required. Note that, with free spins, you can make more money for free, but with cash bonuses, you have to wager with your money.
What are the cons of Free Spins Bonuses?
Free spins bonuses, like every other thing in life, definitely have disadvantages. Now, what are they? First on this list is the wagering requirement. Lots of free spins, be it deposit or no deposit, come with wagering requirements. Most times, the wagering requirements are not so favourable, and without meeting them, you cannot claim your winnings. Another con of free spins is that not all countries are eligible to claim them. The cashout limit is also a major deal; usually, there is a limited amount of free spins bonuses. If you are a high roller, you may want to avoid free spins.
Final Thoughts
Welcome bonus as the name implies, is a bonus used to ‘welcome’ new customers. Register at a solid online casino today and be welcomed beautifully! If you are already a regular at a casino, check for their loyalty bonus for existing players, you should find something.