Casino welcome bonuses are an exciting aspect of the worldwide phenomenal popularity of playing video slots, poker, roulette and other games online today. When you join a site, the standard is to receive an inviting reward as a thank-you. To prepare for a close look at this, first we can survey the offers from the following top casinos.
Welcome bonuses usually are either a gift of free cash, or free spins, with an accompanying matching deposit offer that is at least 100% at competitive casinos. Sometimes, the first few deposits are matched as well, and various benefits including free spins and match percentages will be spread out for the new member.
This is an advantage to players entering a new site, and its community, because:
Since casinos must both manage their own losses when offering so many new players freebies, as well as satisfy anti-fraud regulations, welcome bonuses do have restrictions. From the casino’s point of view, trust in the player must be established as well.
For that reason, bonuses usually have fine print that can be found in their Terms and Conditions (but may not be advertised as boldly as the promotions themselves). This red tape is described as ‘sticky’ where a bonus is concerned, as opposed to a ‘cashable’ benefit, which means that the bonus can be treated like a player’s own cash.
Even cashable bonuses may have limitations attached, such as wagering requirements, before the bonus amount or winnings derived from it can be treated like the player’s normal bankroll balance (to be withdrawn).
Very few welcome bonuses are free and clear, like what mFortune offers (see above) and just a few other online casinos. Their main limitation is wagering requirements, which mean:
Players must bet or ‘play through’ a multiple of the bonus-cash amount (usually from 10X to 50X) before remaining bonus cash or winnings from the bonus can be withdrawn.
Players should understand that this is not just a matter of casinos padding their ‘house edge’ built into the games themselves. Online casinos are targeted by criminals or dishonest players who can try to misuse bonuses, or use their account balances for fraud. So, one the one hand wagering requirements help casinos stay safe, but on the other hand these restrictions make bonuses more complicated than many honest players realise.
Welcome Bonuses on Online Casinos can be fully enjoyed, regardless of wagering requirements or other limitations. The key is for a player to appreciate the advantages of using a bigger bankroll when exploring a new casino.
When this is fully enjoyed, the experience and skill gained have a real impact on one’s ability to win. Anyway, some players do have massive wins even using sticky bonuses, so there is no reason to discount the value of welcome offers, by any means!