What is the welcome bonus all about?
If you play regularly in online casinos, then you have definitely heard about the welcome bonuses. But many people don’t really know anything about it. This especially includes the people that have come to play in online casinos for the first time. To that end, we have decided to inform you a bit better on the subject.
The run-down of welcome bonuses
The most widely used form of welcome bonuses is the deposit match welcome bonus. And as you can see, most casinos have this bonus at play. This bonus is offered for the purpose of attracting new players. So, how exactly does this bonus come to be?
Well, you can get this bonus by making a deposit on the casino’s website. And what you will typically get is a 100% match, up to a certain level. Let’s say that you make a deposit of 100 money. So, with the 100% deposit match, it means that you will now get 100 money more. And this is money that you can use for playing the various available games. So, this is pretty much the base of the welcome deposit match bonus.
The requirements – terms & conditions
But it’s not all that simple. There are still some things that you need to have in mind. And these are the terms and conditions for getting and using this bonus. So, typically, there will be a wager that you will need to reach in order to withdraw the money. And the standard issue wager for this purpose is anywhere from 30x to 80x. This means that you will need to wager your bonus money a certain number of times before you get eligible to withdraw. So, in a sense, the bonus is not really free money. You will still need to deposit and wager the money before you can get anything in return. On top of that, there are also other requirements on bonuses such as minimum deposit, maximum winnings and so on. Make sure to always read any terms and condition for any type of offer, campaign, promo or bonus that you want to take part of.
If you want to learn more about bonuses, check our casino bonus page with a lot more info.