Learn all about the online casino welcome bonus. Bet on Reels uncovers the different types of bonuses and explains how you can make the most of your money.
Even if you are completely new to the world of online gaming, you probably noticed that most casinos offer bonuses. These deals may sound pretty tempting. After all, what is not to love about a 100% deposit match or 150 free spins? Still, before you grab all the offers laid out in front of you, perhaps it would be best to make sure you understand what casino bonuses for new players are, how they work, and which ones can put a huge smile on your face!
What Is an Online Casino Welcome Bonus?
Let’s start with the basics. A casino bonus is a marketing incentive that provides players with an opportunity to play with more money or to play more spins than their casino balance would allow them to. Essentially, the casino company will reward you with additional funds for signing up, making a deposit, or doing another action as required.
What is important to understand is that bonus offers are not casino freebies. Almost all bonuses on the market come with a set of rules. The so-called bonus rules are included in a document defining who can claim the bonus, in what way, how often, and even more important, when the money you have won can be withdrawn.
Claim Your Welcome Bonus in 5 Easy Steps
Now you know what bonuses are, and we can move on to explain how to redeem them. This process may vary from operator to operator, but it pretty much comes down to a few basic steps:
- Find a casino you like
- Click the “Sign Up” button
- Fill out the form in front of you, and if necessary, choose your bonus from a list
- Some casinos might ask you to apply bonus codes
- Submit the form, and enjoy your gaming
The Best Casino Promotions
Players are often confused with the many bonus types available. Sometimes it feels as if every casino has its own selection of deals, but it is important to know basic bonuses never go out of style, and all other types of special bonuses use these basic offers as a foundation.
Deposit Bonus
A deposit bonus is an offer that matches the amount you load up to a certain extent. Normally, it is expressed as a percentage, with a specific limit often added to provide additional info on the maximum amount one can get. One example of a deposit bonus would be the common “100% up to $100” deal.
Free Spins Bonus
Free spins bonuses reward players with free rounds on slot machines. It is common for casinos to use this deal on one of the popular slots, such as Book of Dead or Starburst. Bonus spins can be added to your account all at once or over a couple of days. Like any other bonus, free spins also come with important wagering requirements.
Welcome Bonus
An online casino welcome bonus is a deal only new players can redeem. It may take any form and any size. The offer can be a couple of spins or a gigantic welcome package with multiple deposit bonuses and bundles of free spins on different games. The sky is the limit.
This deal cannot be redeemed at all times, but only after the signup, with the first (or the first few) deposits. Bonuses for new users are normally assigned with a timeframe within which the deal has to be claimed.
No Deposit Bonus
No deposit bonus is the best type of deal for many players. As the name implies, it is a bonus that doesn’t ask for a top-up but only a sign-up with one or two basic details. Most operators will reward you with a few free spins, but you might find sites offering money bonuses as well.
Cashback Bonus
A cashback bonus is a deal that will provide you with a small amount of the lost money back. It is ideal when things don’t go your way or you are having a bad day. Keep in mind there is usually a minimum spending limit involved, as well as a maximum cashout bonus amount.
How to Cash Out a Bonus?
Okay, you claimed the best deal offered to you, played it, and now what? Can you just ask the casino to pay you out? It depends on whether you played the bonus as many times as necessary.
Before you can cash out your bonus, you have to reach the wagering requirement. This number, typically expressed as a multiplier (x30, x40, etc), tells you how many times you have to wager the bonus before being able to make a withdrawal. There are also bonuses without any rollover requirement attached, but these are not very common throughout Asia and worldwide.
Can You Play For Free?
And the big question that we hear all the time – can players enjoy games for free? The answer is – yes! There are two types of free gaming, but only one of them can result in real money wins.
If you get a no deposit online casino welcome bonus and manage to wager it, you will end up with real money winnings that you can cash out. There might be some additional terms that apply, but you played for free and even won some cash. Sounds great, right?
Another free gaming option is the demo mode. In this type of casino play, there are no money wins, but this can be a positive for you! The majority of titles these days allow you to take them for a test run and place bets with virtual cash. As crazy as it sounds, it is still the best way to get hold of what certain releases have to offer and how to play them. There might not be any real money wins, but you will gain priceless experience that can be a big help once you start gaming with real money.