Welcome Bonus Explained
The most common form of bonuses offered by casinos are known as a welcome bonus, new player bonus, 1st deposit bonus or sign up bonus. They normally come in the form of a 100% match up to a certain amount.
In terms of levels of welcome bonuses, they range from 50% up to 500% in some cases but, as stated, the most common % is 100%. Anything above 200% should be looked at carefully as there may be a lot of restrictions when it comes to withdrawing the bonus itself. In order to claim these bonuses, casinos sometimes specify you use a bonus code or coupon.
How it works?
A casino bonus is a promotion that a casino gives exclusively to members of its community. Casino bonuses can provide players with free bonus cash, free spins, free sportsbook bets, or other rewards which can be claimed by making a deposit, registering at a casino, or by performing certain actions on the site.
How to Claim a welcome bonus?
First of all, you need to join an online casino and sign up. Also, you have to find this bonus offer. Read through the terms and conditions carefully. If they are offering a promo code, it is important to input the coupon code. It is a very important step. You will have to pick the payment method and choose the amount you plan to make. After that, play games to clear the wagering requirement.
What welcome bonus can include?
A Welcome Bonus may include a deposit match bonus where the online casino will match your deposit up to a certain amount. Players will also find Welcome Bonus packages that offer a match on a series of deposits such as 100% on your first deposit, 75% on your second deposit, 50% on your third deposit, and so on. Welcome Bonuses may include other bonus types such as No Deposit Bonuses, Free Play, Free Spins, and High Roller Bonuses.
What are Terms and Conditions essentials?
- Wagering requirements - the bonus money has to be gambled a certain number of times.
- Maximum win limits - anyone hoping to make a decent amount of profit out of a casino promotion.
- Time limits - there is not an unlimited amount of time to work through the wagering requirement. Typically, the time limit might be set at one or two weeks.
- Payment method restrictions - you cannot claim the bonus if you deposit with a certain payment method.
Are there any Bitcoin welcome bonuses?
As we have experienced, virtual currencies, including Bitcoin, have become very popular. Crypto-currency bonuses have become more prominent at online casinos. Bitcoin welcome bonuses are more substantial than traditional welcome bonus deals because crypto-currencies are faster, safer, and more private than credit cards, web wallets, and bank wire transfers.