With a myriad of online casinos available to players all over the globe, most iGaming sites are curating several bonuses offers to attract gamblers. The most prominent? – Welcome Bonuses.
Below, we’ll be examining what welcome bonuses are, their major forms, and what to look out for before you opt-in for one.
What Is a Welcome Bonus?
To keep you entertained for the entirety of your adventure, casino sites give you a bonus offer to activate upon registration. This is termed the welcome bonus. As the name implies, only new customers are eligible for the offer, and there are different types offered at the sportsbook.
This offer is often a deposit match that sees you get extra funds on your deposit. So, if your preferred site has a 100% deposit match welcome offer and you make a £10 deposit, you’ll receive £20 in total.
Welcome bonuses can also come in the form of free bets for you to wager on selected markets and at specific odds. For example, a £30 free bet on football markets.
You may also find that some sites offer both kinds of bonuses in what is called a welcome package. Here you can claim a deposit match as well as a free bet.
Generally, a welcome bonus is beneficial to bettors because it acts as a launchpad to gambling-related activities on their chosen platform. Let’s see how.
Terms and Conditions
Welcome bonuses have a binding contract. So, before you activate a welcome bonus, always check the applicable T&C’s.
In this section, we recommend checking the wagering requirement, eligible games, and bonus validity. When these aspects augur with your gambling aspirations, you can go ahead and activate them.
If you can’t decipher a caveat, ensure you contact the casino’s customer support for some context.
Another vital requirement is the first deposit. While some iGaming sites offer no deposit welcome offers, most platforms require a minimum deposit for bonus activation. Commonly known as the “qualifying deposit,” interested players must make a payment (within the stipulated range) before bonus receipt.
For withdrawals, most sites require that you fulfil the wagering requirements. Making a payout request before meeting this condition may result in bonus forfeiture.
Advantages of Welcome Bonuses
When you register at an online casino, you may have a budget you’d like to stay within at all times. By activating the welcome bonus, you can risk the bonus on varying gambling alternatives and increase your chances of coming up on a lucky payout.
Even if you lose, you’d have enjoyed an extended gaming experience as opposed to how far your own funds can take you.
From the looks of things, welcome bonuses will remain synonymous with the iGaming scene for a long time to come. The main attraction of these bonuses for players is that they increase the chances of winning. However, they also allow you to engage in more bets and have more fun at the sportsbook.