How does a Welcome Bonus work in an online casino?
Depending on the casino where we are, the welcome bonus receives one or another name. To get a welcome bonus you must first register at an online casino and make a deposit. During the registration process they usually ask if you want to include a bonus or promotion. Sometimes you must include a code when opening an account to receive the welcome bonus.
The most popular type of bonus of all those offered by online casinos is the welcome bonus, with which the casino rewards the user who has just registered. Some of the most commonly contributed rewards are:
A percentage of the amount of your first or first deposit; This is generally between 50% and 200%, although they can be higher and the amounts can often be spread over the first 2-4 deposits you make to your online casino account. For example: 300% welcome bonus, 150% on your first deposit, 100% on your second deposit and 50% on your third deposit. The money contributed can be used to place bets, but it is not possible to withdraw it from the account.
Free spins for a particular game – This can be any number of free spins and is often spread over a few days. For example: 100 spins on Starburst, 10 per day for 10 consecutive days.
In other words, if the welcome bonus is 50%, when we enter our account € 20 we will receive € 10 from the casino. We give an example where the casino offers us a welcome bonus of 300%, this means that by depositing € 20 they will give us a total of € 60.
Match Bonus or Match Bonus
Welcome bonuses should not be confused with other types of bonuses such as no deposit bonuses or match bonuses. The 100% bonus is called a “Match bonus”. This means that the casino gives us the same amount that we deposit. For example, in case of depositing € 100, the online casino gives us another € 100 to play, but remember Before making a decision, and although everything sounds very nice, we recommend reading the fine print carefully.
A clear example of this type of bonus is the one offered by the Betway online casino, since this casino offers a 100% match welcome bonus or also called “Match Bonus”. This bonus has a not inconsiderable profit limit of up to 250 euros. This amount turns out to be very attractive without being as large and causing as much mistrust in the player as many other bonuses usually generate.
The bonus offered by Betway is a complete package consisting of 3 bonuses whose maximum winnings can reach up to 500 euros. To get this package, the player has to complete the registration process at the casino to open his new account and make a first deposit of money. When making the deposit you will be able to access a bonus of 100% of the amount entered as long as it does not exceed 250 euros.
With our next deposit the bonus is 25% with a maximum limit set at 125 euros.
To obtain the third bonus of this package we make our third deposit, which gives us a 50% bonus and whose maximum amount has been set at 150 euros.
In this way, having made the three deposits with the maximum amounts of each one, we get a total bonus of 500 euros. It is worth mentioning that in order to qualify for this bonus, we have to make the three deposits in a period of 7 days.
What is the best welcome bonus
In order to select the best possible bonus in the most appropriate way, we have to know that casinos constantly update their promotions. The best thing in these situations is to check the available bonuses from time to time by focusing on the percentage offered by each bonus and the maximum amount that the casino offers once the deposit has been made.
If you consider that you have found the best welcome bonus, always remember to check:
- Terms and conditions of the bonus: Another point to keep in mind is to read the specific terms and conditions of the bonus to know the wagering requirements that we must meet before being able to withdraw the money offered by the bonus.
- Games included in the bonus: It is also necessary to take into account when selecting a good welcome bonus to know the games where we can meet the wagering requirements. Since the welcome bonus specifies the type of games that are included. Each casino game has a different percentage within a welcome bonus.
As a clear example of the aforementioned we can put the Paston online casino welcome bonus from which anyone who completes the registration as a new user and requests the casino bonus in the deposit window can benefit. We have 30 days to make our first deposit with a minimum of € 10 and a maximum of € 600, after performing this action the balance of the bonus associated with our deposit will be activated within 24 hours.
In order to withdraw the remaining amount of the bonus and the profits generated by it, the client must generate a minimum number of bets of 40 times the bonus amount plus the deposit amount [(bonus + deposit) x 40], (called ” Rollover “) in the period of 30 calendar days from the assignment of the same, being canceled the pending bonds that have not been released within this period.
All those bets that do not cover more than forty percent of the casino table, also known as low risk bets, will not be valid when counting for the rollover and may imply the cancellation of the bonus and the winnings generated by the same.
The percentages of the games involved in the rollover of this promotion are 25% in roulette and blackjack and 100% in slots.
Due to the wide variety of betting conditions to be met in order to enjoy the benefit of the bonuses, we first have to know which games contribute to meeting the requirements and to what extent.