In simple words, the welcome bonus is similar to the reward or incentive given by online casinos to their players to start using their services. When you register and activate your account, the amount will automatically be credited to your account. Nothing much, just the payer needs to complete setting up their account and make the first deposit. For example, if you have registered for an online casino and make your first deposit of $10, then the casino will add up to $10 instantly (if the casino offers a 100% match bonus).
Now you have $20 to bid and gamble. Some of the casinos will also ask for the coupon code to claim the welcome bonus. The welcome bonuses were introduced to attract players and convince them to make their first deposit. To attract more players, online casinos used to present attractive offers and rewards as their welcome bonuses. Players usually look for casinos with more welcome bonuses before signing up.
If you are looking for the top online casinos offering the best welcome bonus then you are at the right place, this below-mentioned guide will help you to know more about the same.
What are welcome bonuses?
Welcoming new players and members is one of the best ways to greet them and make them feel satisfied. That is what, followed by online casinos to greet the new players who just joined and register with them. Another motive for the welcome bonus is to encourage new players to carry on taking services of their website and play more games. In other words, welcome bonuses are also known as sign-up bonuses in which players are credited with some rewards which can be used for winning real cash.
No matter whether you are a new player or an experienced one, welcome bonuses are a great way to maximize your winnings and get benefited. But welcome bonuses are not the same, the amount or rewards of welcome bonuses vary from casino to casino. More importantly, the amount does not matter in the welcome bonus. Sometimes the small reward is better than the bigger one, it is depending on the wagering requirements.
Benefits of online casino welcome bonus?
If you have chosen a reliable online casino platform for your gambling journey, it offers numerous benefits and advantages, some of these benefits are mentioned below:
Real cash win: The online casinos limit the use of welcome bonus amounts to a few games and bids. But you can also win real cash. The free spin bonus will give you a golden opportunity to win the jackpot without any risk of losing your money. After completing the wagering requirements you can make a payout request and cash your winnings.
Easy to claim: Welcome bonuses are the tricks of online casinos to attract new players which is why players can easily claim them after their first deposit. Usually, the signup offers and bonuses will be automatically delivered to you by the casino. There is no need to opt for it manually.
Not every welcome bonus is beneficial, some of the offers are useless and unreal. You need to put in a lot of effort, money, and risk to make them cashable. We recommend you not claim such welcome bonuses. But how to identify whether a bonus is beneficial or not? Well! Every welcome bonus comes along with some terms and conditions. Your welcome bonus is worth it if it has:
- The quantity of the bonus is bigger than 100% of the deposited amount.
- You can easily cash out the winning amount without any restrictions.
- It is beneficial if the playthrough requirement is less tha 40× of the welcome bonus.
- The welcome bonus cash can be used for playing multiple games.
- The wagering requirements only cover the bonus amount, not the deposited amount and winning amount.
Cashable vs Non-cashable welcome bonuses
There are usually two forms of welcome bonuses, i.e. Cashable and non-cashable welcome bonuses. The cashback welcome bonuses are incentives that can be cashed out by sending withdrawal requests. But these can only be withdrawn along with the winning amount. As soon as you need the wagering requirements, the amount is eligible to be chased out. On the other hand, non-cashable welcome bonuses are rewards that can not be withdrawn and can only be used for bidding.
These funds are meant only to play games and only the winning amount can be withdrawn. But there are certain limits and restrictions on the non-cashable, the amount is limited to a few games only. That is why cashable welcome bonuses are more valuable than non-cashable welcome bonuses. But they deliver smaller amounts.
Characteristics of cashable welcome bonus
Cashable welcome bonuses come along with some characteristics, these are mentioned below:
- The cashable welcome bonus comes with fewer wagering requirements.
- Cashable welcome bonuses are counted in the playthrough requirements.
- The bonus amount can be withdrawn with your winning amount easily without any restrictions.
- There is no limit or restrictions on the withdrawal amount.
Characteristic of non-cashable welcome bonus
The non-cashable welcome bonus also comes with some characteristics, a few of these characteristics are mentioned below, let’s have a look:
- The playthrough requirements for a non-cashable welcome bonus are higher as compared to the cashable welcome bonus.
- They are also called sticky bonuses because they remain with the casino.
- They can only be utilized to enhance the playing bankroll.
- They can not be cashed but are part of your winnings.
- They are usually higher as compared to the cashable welcome bonus.
Welcome Bonuses types
Welcome bonuses are not the same i.e. in the form of cash rewards or free spins. There are several types of welcome bonuses, below mentioned are a few of them:
For playing slot games, the new players or existing players are delivered free spins in the form of a welcome bonus. Usually, the players can claim the free spin welcome bonus after their deposit. The number of spins delivered is also depending upon the amount deposited. But the free spins come along with several terms and conditions, the players need to use them before they expire.
Non-deposit welcome bonus
No deposit welcome bonuses are the most common type of welcome bonus given by online casinos to their new members. This type of welcome bonus is the most favorite one among players because there is nothing to lose as you are playing with the casino’s money. More importantly, the non-deposit welcome bonus can also be used to win real cash which can be withdrawn.
After completing the wagering requirements, players can easily withdraw their winning along with the bonus amount instantly. Most of the casinos used to deliver the non-deposit welcome bonus to attract new players.
Cash Back bonuses work on a percentage basis like if you have spent $500 on bidding you will get a certain percentage of cashback, depending upon the bonus you have earned. The cashback bonus is also known as a non-sticky bonus.
Mobile casino welcome bonus
Most casinos are having their site optimized for desktops and windows. So to attract mobile users they are shifting towards mobile applications and sites. To gather more members via mobile, a special welcome bonus is given to the players who shifted to mobile or joined via mobile.
Welcome cash bonus
Welcome cash bonuses are the casino’s real cash given to the players after their deposit a certain amount of money. Sometimes the cash bonus is given after 3-4 deposits. The cash bonus also comes with certain wagering requirements which need to be fulfilled for making payout requests. These come with a maximum win limit and sometimes may not apply to some games.
We have compared and tested the top-rated casinos and found out that the welcome bonus is equivalent to the deposited amount. For example, if you deposit $500, the amount will be doubled and $1000 credited instantly to your account.
As the name tells itself, the hybrid bonus is the combination of two or more types of welcome bonuses. You can get free spins, or welcome cash bonus, or no-deposit welcome bonus or all of them.
Welcome bonus cash out
The process of cashing the welcome bonus is simple but there are some terms and conditions which make the simple process quite complex. Casinos are well aware of the players and their mindset which is why wagering requirements are implemented on the welcome bonus, which prevents the players to take advantage. There is a minimum withdrawal amount that needed to be satisfied before making a payout request.
These conditions which prevent the withdrawal of welcome bonus cash are known as wager requirements, these are kept in between by the casinos to prevent their loss and recover extended credit incentives. Online casinos also encourage new players to play more games which makes them deposit real cash for betting. Once the players meet the minimum cashing requirements and wagering criteria, they can cash their welcome to us along with the winning amount.
All you need to do is submit your payout request, the procedure for verification and approval takes time of few days. Wait until thr approval. Once the request is approved the fund will be directly transferred to your bank account.
Facts and statistics about casino welcome bonuses
Welcome bonuses are nothing but just promotional activities performed by casinos to attract new players and join them. But all the welcome bonuses are unequal, determined by the casinos themselves. Below mentioned are some of the facts and statistics relating to the welcome bonus:
- Mostly the welcome bonuses are delivered for a limited amount of time, you need to make sure to grab the offer before the expiry.
- Mostly the minimum deposit for the casinos is around $10 to $30 (vary from casino to casino)
- The cash amount received as the welcome bonus is around $10 to $1000 and also depends upon the first deposit made by the player. Some of the top online casinos offer a certain amount of deposited money by the player as a welcome bonus.
- The amount of the welcome bonus can also be very high depending on the casino. Even for some VIP players and high rollers, the welcome amount is extremely high.
Claim first sign-up bonus
Most of the players who have joined or registered with any of the online casinos have a question about how they claim their first welcome bonus. Well! It is very easy to do so. Even for some casinos, there is no need to do anything. The welcome bonus will be automatically created to your account after you have made your first deposit. In some cases, the welcome reward will be credited after 3-4 deposits, depending upon the bonus policies, and vary from casino to casino.
While signing up, some of the casinos may ask the players whether they want the welcome bonus to be credited or not. You need to allow and accept all terms and conditions to get the bonus amount instantly after your deposit. You can not get your welcome bonus redeemed or credited without making your first deposit.
One of the most important things you need to take care of is whether the casino you are joining accepts a coupon code or not. Because you can lose your welcome bonus slot if unable to provide a valid coupon code. So, find out the valid coupon codes and use them when asked after making the first deposit.
Terms and conditions of welcome bonus
Every online casino has some terms and conditions especially when it comes to bonuses and rewards. And a player needs to accept all these terms and conditions before the claim, which is annoying as these terms and conditions are lengthy and prolonged. The good thing is that most of the terms and conditions regarding online casinos are the same. We have researched and found these for you:
Wagering contributions: Every game has a certain wagering contribution like in most casinos the wagering requirement for slots contribution is 100% and for table games around 10%. So, look for the games which have 100% wagering contribution so that you will satisfy the playthrough requirements as soon as possible.
Every online casino has its minimum deposit requirements which need to be satisfied to claim the welcome bonus. Topping up your account is the primary step to getting the bonus. Usually, the minimum deposit amount eligible for the welcome bonus is $10 in most casinos.
Time limit is the biggest sin that comes with the welcome bonus, that is why it is recommended to check for the time limit of your offer. You need to build your bidding strategy accordingly for the timeframe allowed. Welcome bonuses are a great opportunity for you, so never rush and waste your bonus. Take time and utilize the bonus perfectly.
There is a limit on the winnings earned from welcome bonuses, and that is fixed by the casino website itself. If you won more cash than the limit then you can not claim the cash. So make sure to check for the terms and conditions for the limit of winning capital from the welcome bonus.
Just like the deposited money you can not use the welcome bonus money on any of the slots or casinos you wanted to play. There is a list of games and slots you can play using your welcome bonus. Check for the list and spend your bonus accordingly.
There are several times you need to play using the welcome bonus, after achieving the given number of times you can withdraw the money or make a payout request. Most commonly the playthrough requirement is about 35-40× for online casinos.
How do we find the top welcome bonus casino?
Choosing a casino site for starting your gambling is not an easy task because there are thousands of online casinos. So, it becomes difficult for you to choose the best one for you. A welcome bonus is one of the most important things to consider when choosing an online casino. If you choose the perfect online casino site, it will provide you with value at every step in your journey.
Our team has tested and analyzed several online casinos and found out the things needed to keep in mind before choosing the best welcome bonus casino:
Since the bonus money can only be used in some slots and games, gambling using the welcome bonus rewards, you will get a chance to win the real money and that money can be used to play all other games. Here the top gambling sites feature trending slots and games like live dealers, table games, progressive jackpots, and many more.
If you have ever faced any issues or difficulties on your online casino site, the only place you moved to is customer support. Especially as a new player, you need a humble reply from the help center regarding your welcome bonus. Whatever the issue is, you will get the issue resolved by an experienced and knowledgeable team. The help is available 24×7 in the online casino recommended by us.
No only a welcome bonus, if you started your online gambling journey you must be looking for some free spins, cash backs, offers, and rewards. Get all these things from the list of casinos recommended by us.
Licensing and security:
One of the most important factors that need to keep in mind while starting your gambling journey is choosing a legal and licensed site. The list of casinos we are providing is 100% safe and all your money and data are protected and encrypted.
A casino site is useless until you are unable to deposit and withdraw your amount. Our recommended online casino sites support most payment methods. More importantly, making a payout request and withdrawal procedure is simple and fast.
What game can I play with a welcome bonus?
As the welcome bonus comes with certain limits and restrictions, one of them is the limit of the welcome bonus on a few games. This means you can only use the welcome bonus rewards for selected games. The number of games varies from casino to casino. Some casinos allow you to play all games using a welcome bonus while others allow only a few.
What are the best first-time bonus casinos?
There are hundreds of registered casinos and thousands of illegal casinos over the internet, which makes it difficult for you to choose the top ones, which offer the best first-time bonus. Well! According to our research Betfair, BitStarz, and Playamo are the top ones.
Why does casino offer welcome bonus?
Online casinos offer a welcome bonus to attract new players and recruit them. Also, the casinos benefit by delivering welcome bonuses. As the players get addicted to gambling and will earn less money than their total deposit.
Can I win real cash with the best casino welcome bonus?
Yes, you can easily win the real cash out of you’re welcome bonus reward but you need to make sure that all the playthrough requirements are fulfilled before cashing out. Along with the playthrough requirements you also need to satisfy the wagering requirements.
Does a welcome bonus ever expire?
Yes, the online casino welcome bonus comes along with some terms and conditions, one such term and condition is the expiry period. You can only use the welcome bonus within the allotted time frame. After the bonus expires the fund will be deducted automatically. That is why make sure to check the expiry of your welcome bonus and grab the opportunity on time.
Who decides the amount of the casino welcome bonus?
The welcome bonus is different in different casinos. The casino operators themselves determine the number of welcome bonuses delivered to the players. In some casinos, the welcome bonus is determined by the amount deposited by the new player. A more deposited amount means a higher welcome bonus.