Why Online Casinos Offer Welcome Bonuses
The international online gambling market value is expected to hit $127.3 billion in 2027 making it one of the most popular and attractive industries for enterprises and startups. However, this also means tense competition and a need to come up with new offers and fresh ideas to attract players. One such instrument is a welcome bonus.
It is the first promotion waiting for a player after creating an account. Usually, it comes as a match bonus for the first deposit or extra free spins on chosen slots. These promotions aim to make the player want to settle on the platform. Actually, the best online casino sign up bonus offers are so good that sometimes players may wonder why a gambling site would want to give away their money.
Casino owners approach these bonuses as a marketing tool because they know that most likely a player will spend more than he received as a bonus. This doesn’t mean that welcome promotions are worthless: you still get extra money and spins to play with.
Easy Step-by-Step Guide to Claiming the Best Welcome Bonuses
There are so many online casino sign up bonuses on the market that players may find it challenging to pick the right one and learn how to claim it. Fortunately, our experts at Gamblorium have made a universal list of steps that will teach you how to access the winnings no matter what bonus type you choose:
- Learn about existing types of welcome bonuses.
- This guide introduces players to different kinds of promotions on the market.
- Choose a platform.
- Pick a reliable website that offers a signup bonus you are interested in.
- Create an account and verify it.
- Fill in the required details and provide your documents if the casino asks for verification.
- Make a deposit.
- Fund your account with a minimum requested sum to qualify for a bonus. If the offer doesn’t require a deposit, simply start using it!
- Check bonus requirements.
- Meet the Terms and Conditions to be eligible for withdrawing the bonus.
Voila! Now you can use extra funds or other offered promotions to make your gambling more fun and profitable.
New Casino Signup Bonuses
Being among the first to learn about a new sign up bonus can give you a significant advantage. Usually, such promotions are stuffed with unique features, spins on the latest releases, and many other perks. Especially if they are offered by new online casino sites or top platforms. Here is a list of the latest casinos which have attractive welcome bonuses to choose from:
Types of Online Casino Sign Up Bonuses
Some players love to have extra cash to play with, while others prefer to have free spins to try out slot machines before spending real money. There are numerous sign up casino bonuses and it may be difficult to find the one which suits you the most.
How not to get lost among this variety? How to pick the most rewarding offer? The best way is to learn what types of offers exist and then pick one from the list of top online casino bonuses completed by our experts. Below we will discuss the peculiarities of all available promotions to help you make up your mind.
- Match Bonus
- It is probably the most common type of casino promotion. A match bonus comes in a form of a percentage that is added to your balance after making a deposit. Usually, a match bonus has a cap, i.e. a maximum sum that you can earn.
For example, a 200% match bonus up to €/$200 on the first deposit. This means that if betting €/$100, you can add an extra €/$200 to your account. But if the deposit exceeds €/$100, your match bonus will still be €/$200. The best welcome bonus casino offers are those which have a higher cap and clear wagering requirements.
- No Deposit Bonus
- It is difficult to find a player who wouldn’t want to get extra perks for free. That is why no deposit bonus casinos are so popular even though there are not many of them. A no deposit offer is exactly what it sounds like – players get extra cash, free spins, or other promotions after creating an account without a need to spend any money.
Of course, a free signup bonus casino promotion is rather small but you get an exclusive opportunity to learn more about a platform before making a deposit. Keep in mind that no deposit bonuses usually have rather high wagering requirements.
- Free Spins
- Everyone loves slots welcome bonus. They are bright, fast, and entertaining. That is why free spins occupy a special place among casino promotions. You can be rewarded with a free spin on registration or on special occasions. Usually, this offer comes as a part of a welcome bonus and allows playing for free on particular slots.
For example, 100 free spins at Starburst are distributed equally throughout the week.
- Reload Bonus
- Reload bonus is rather similar to a sign up casino bonus because it also offers a certain percentage upon making a deposit. The only difference is that this promotion has a lower percentage, usually less than 100%. For example, a Happy Monday Reload Bonus offers players an extra 40% on deposits every first day of the week.
The goal of this promotion is to increase the loyalty of players and make them want to stay instead of jumping from one welcome package to another without settling on one platform.
- No Wagering
- Even though the list of no wagering casinos is not that broad, from time to time gambling sites offer generous promotions that don’t require playing the winnings through. This means that you can cash out the bonus money immediately. No need to clear numerous terms and requirements before benefiting from the offer. Usually, a no wagering bonus is presented in a form of free spins or extra money. However, the number of spins or the offered bonus sum is lower than the one that comes with wagering requirements.
- Bonus Codes
- Bonus code is a rather popular type of casino promotions and comes as a set of letters and numbers that you should insert in order to obtain a promotion. Usually, a bonus code is offered to new players upon registration and gives a certain number of free spins, cashback, or a few euro to play with.
To use the offer, head to the casino’s promotions section to find out whether it offers a bonus code. Then insert the phrase in the bonus section of your personal account and enjoy the offer!
- High Roller Bonus
- There are different types of players: some prefer spending less to avoid the risks while others have a bigger budget and don’t mind betting hundreds or even thousands of euro at once. If you belong to the second category, high-roller bonuses are exactly what you need.
The main difference between this promotion from a regular one is that it comes with bigger rewards and higher limits even though the match percentage is usually lower. For example, a 50% welcome bonus up to €/$2,000 and 150 VIP free spins.
Cashable vs Non-Cashable Bonuses
If you decide to play for real money casino terms and conditions should be paid careful attention to. Especially concerning bonuses and the way you can withdraw them. Not many players know that there are cashable and non-cashable bonuses. The information is indicated solely in the terms and gamblers usually find out about it only after clearing the requirements.
While a cashable online casino welcome bonus allows withdrawing the whole sum, a non-cashable gives a chance to cash out only the winnings but not the bonus sum itself. Here is an example:
Let’s say that you have obtained €/$100 as a bonus and earned an extra €/$300 after clearing the wagering requirements. If it is a cashable bonus, you can withdraw €/$400. But if it’s a non-cashable one – €/$300, i.e. only the money you have won.
Most Common First Deposit Bonus Percentages
We all want to find the best sign up offers casino promotions and to get the maximum advantage from the deposit. Fortunately, there are so many types of bonuses and percentages that we can all find an offer to taste. Below we will discuss the most popular and widespread percentages given upon the first deposit.
|50% Sign Up Bonus
|As we have already discussed, a match bonus is a percentage on your first deposit which is added as bonus money to your account. This percentage significantly varies but the most popular promotions have at least a 50% match. It looks as follows: a 50% match up to €/$400.
|100% Sign Up Bonus
|The next percentage is a 100% welcome bonus which adds the same amount as you have deposited. For example, if a casino has a 100% match bonus and you have deposited €/$100, you will have €/$200 in total. But don’t forget that these bonuses usually come with wagering requirements.
|200% Sign Up Bonus
|If you choose a 200% welcome bonus casino promotion, be ready to significantly increase your balance. However, the higher the percentage is, the lower is the maximum cap. Here is an example: a €/$200 match bonus up to €/$200. This means that you will earn not more than €/$200 no matter how much you bet.
|300% Sign Up Bonus
|Who doesn’t want to add extra money to the balance? We all do! A 300% welcome bonus casino promotion offers players a chance to make good money even when spending less. For example, when betting €/$50, with a 300% match you’ll get an extra €/$150 to play with.
|400% Sign Up Bonus
|A 400% first deposit bonus is quite rare but it still exists and offers players a few rather rewarding deals. As a rule, this bonus comes with all the standard terms and conditions, so you can easily add an impressive sum to the account without any pitfalls. However, make sure to fulfil all the requirements before requesting a withdrawal.
|500% Sign Up Bonus
|A 500% first deposit bonus isn’t so common because the offer sounds too good to be true. However, new and experienced platforms introduce high percentages from time to time to attract new players and promote themselves. Usually, such a bonus comes with a set of wagering requirements, so you need to be patient to clear them.
Terms & Conditions of Welcome Offer Casino
Even though a welcome casino bonus is created for players, online casinos need a way to benefit from it and to protect themselves from bonus hunters who jump from one platform to another without the intention of staying and playing.
Here are the most popular terms and conditions that you can find in casino sites with free signup bonus and real money promotions:
A wagering requirement is surely the most common type of T&C. When obtaining a bonus on sign up casino platforms require gamblers to play the received sum through before cashing it out. The wagering requirement indicates the number of times the bonus needs to be played.
Let’s say that you have won €/$200 as a bonus and the casino has a 30x wagering requirement. This means that you need to make a total of €/$6,000 bets (€/$200 x 30) before requesting a withdrawal.
Highest Sign Up Bonus Offers
As you already know, there are different types of sign-up promotions. They fit any preferences, budget, and style, so you can pick the most suitable offer. However, everyone wants to get the biggest welcome bonus casino promotion and earn impressive rewards.
Usually, sign-up offers concern the number of free spins and the cap match sum.
For example, a regular casino offers a 100% match up to €/$200 and 100 free spins, while a high welcome bonus may be a 400% match up to €/$500 and 250 free spins.
Fortunately, you don’t have to search for the highest rewards on your own because we have made a list of casinos which have the biggest welcome offers:
Games You Can Play With Sign Up Bonuses
There is one more thing to keep in mind when choosing the best sign up bonus casino promotion: the list of games you can play with the promotion. Luckily, there are not many restrictions, so you can enjoy real money slots online, blackjack, roulette, video poker, and other types of games using the bonus offers. The only exception is the Free Spins bonus which works only with slots and progressives.
💡 Keep in mind that different games have different contribution percentages for clearing the wagering terms. This makes some games more beneficial than others. Usually, slots have a 100% contribution percentage while table titles – do not have more than 10%.
If you want to play games with a welcome bonus, don’t forget to read our definitive guides below:
How to Turn to Advantage Your Welcome Bonus
Sign up package can make your gambling extremely rewarding and help to get started with a bigger balance. However, there are a few tips and tricks that we would like to share with you to turn this offer to your own advantage.
What you should do:
- Choose a trustworthy casino with a welcome bonus. Reliable platforms care about their reputation, so offer only fair promotions. If you still don’t know such websites, pick one of the top casinos on our platform.
- Read the Terms and Conditions attentively. Thus you’ll know whether you will be capable to clear them or not.
- Check whether the offer is available in your location. Unfortunately, some offers have geographical restrictions.
- Follow the casino’s news and updates to be aware of the latest promotions.
What you shouldn’t do:
- Try to withdraw the winning before fulfilling the wagering requirements.
- Chase offers big amounts without taking other features into account.
- Neglect the Terms and Conditions.
Benefits and Drawbacks of Playing at Casinos with Welcome Bonus
You may be surprised that there are players who reject welcome offers because they think that these promotions are not real and may even be harmful. To help you make an informed decision, we at Gamblorium have outlined the pros and cons of the best casino welcome offers:
|Free money. You will get extra cash to play with and that is one of the most popular reasons why players choose welcome bonuses.
|Wagering requirements. You won’t be able to cash out the winnings at once because the bonuses are usually subjected to strict wagering requirements and time limits. That is why you should read the terms attentively not to miss anything;
|More time to play. With a bigger balance you can enjoy your favourite games longer;
|Maximum bonus limit. Even though there is usually a match bonus which adds an impressive sum to your balance, this percentage has a cap, so you can’t earn more no matter how much you bet.
|Higher bets. Possessing more funds gives you a chance to place higher bets and increase your chances of winning;
|Getting familiar with a platform. When having free spins or other welcome perks you can learn more about a casino to decide whether to stay there or not.
How We Review & Rate Best Welcome Offers
To help you find the best offers, we analyze hundreds of sign up bonus casinos. Due to many years of experience in the field, our experts at Gamblorium know exactly what to pay attention to. At first, we get familiar with the bonus terms and conditions. Then create an account, make a deposit, and clear all the terms. Finally, we request a withdrawal to find out whether a casino is trustworthy and the bonus is paid out without any complications.
When picking one of the welcome bonuses from our list, you can be sure that it is transparent and doesn’t have any pitfalls.
Claim Your Welcome Offer & Win Real Money Today!
Online casinos offer thousands of welcome bonuses which can make your gambling entertaining and rewarding. Even though there are different terms and requirements, it’s still beneficial to pick the most profitable offers and use them for your own good. Just choose the best first deposit casino bonus and get extra cash or other outstanding offers to start playing.
Frequently Asked Questions
What is a signup bonus?
A casino welcome offer is a set of rewards that are given to a player upon registration. Some bonuses require a deposit while there are those which can be given for free.
Who is eligible for casino welcome bonus offers?
There are different types of casino sign up deals, so you should check the Terms and Conditions of each offer to ensure that you are eligible for a welcome offer. Usually, it is awarded to all new players who bet a minimum required deposit.
Can I win real money with a free welcome bonus?
Yes, it is possible to make real cash with a free bonus but there are strict wagering requirements that should be met before withdrawing the winnings.
What types of free sign up bonuses are there?
Free promotions are among the best casino sign up offers and players are in constant search. The most popular free promotions are free spins and no deposit bonuses.
What should I do in case I don’t receive my welcome bonus?
If you have cleared all the requirements and still weren’t awarded with a bonus, contact customer support and they will solve the issue.
What is a bonus balance?
It is a balance where welcome deposit bonus winnings are placed. Usually, it is separate from the cash balance and has different requirements concerning the withdrawal.
Can I cash out winnings from a free sign up casino bonus?
Everything depends on a particular bonus: some promotions allow cashing out such winnings, while others – don’t. Read the Terms and Conditions attentively to learn more about the bonus you are interested in.
Can I claim a sign-up bonus using my mobile?
At the moment, mobile gambling is extremely popular and many users choose to play on the go. That is why a casino registration bonus can be claimed no matter what platform and device you are using.
What are the best online casino games with signup bonuses?
The most common games with welcome bonuses are slots because they are quick and have the biggest contribution to clear the wagering requirements.
Are there any wagering requirements?
Yes, both real money and free sign up offers are usually subjected to a wagering requirement. It indicates the number of times you should play the bonus before being able to cash it out.
How to select the best sign up casino bonus?
There is so many sign up bonus casino offers that it becomes a challenge to pick the best one. To save you time, we have introduced the list of the best offers in the article above.