Welcome Bonus Casinos 2018
Bonuses are a way for online casinos to attract new players. There's no denying that online casinos want to turn a profit, but one of their key focuses should be providing the best experience and maximum value for their players. A positive and enjoyable culture is essential for an online casino to be a success. As such, the welcome bonus is specifically aimed at players who might not yet be members of a particular casino. You have probably seen examples of these kinds of bonuses at your favourite casinos.
A welcome bonus could mean the difference between a player signing up or passing by and going elsewhere. The stakes are high (no pun intended) in online gaming, so casino owners rely on welcome bonuses to bring new players on board.
The competition between online casinos is great for players, as institutions lock horns to deliver the best welcome bonus package. And we want to help make sure you fully understand what's available to you.
What Is an Online Casino Welcome Bonus?
A welcome bonus is a cash bonus intended to encourage new players to sign up and make a deposit. It is different from a no deposit bonus in that it is designed to encourage a deposit rather than allowing players to play solely with the casino’s money.
This may be a difference in semantics to players, but it is a significant difference to casino owners. They would rather new players take advantage of bonus cash after making their own deposits rather than relying solely on no deposit bonus play.
It's a delicate balance the casinos work to achieve, between offering a tantalising bonus for new members and ensuring people deposit money and become regular players.
Types of Welcome Bonuses:
A welcome bonus could be structured any way a casino owner wants to structure it. However, the most common form of welcome bonus is the cash match bonus. This is a bonus in which the casino owner offers a pound-for-pound match up to a certain limit.
Many consider this to be the preferred welcome bonus, particularly when the upper limit is high. It can afford you a hefty opening bonus if you deposit the full amount that the casino will match up front.
Let’s say you spy a welcome bonus offering a cash match with a limit of £100. That means for every pound you deposit, the casino will match it with a pound of its own, up to a total of £100 in bonus cash. You now have £200 to begin play with. Because of the £100 limit though, you would not receive additional cash even if you deposited £150. You would max out at £100 in bonus cash.
A high upper limit is the thing to look out for with cash match bonuses - this way you can take full advantage of your welcome bonus from the start, or spread it over time.
Staggered Cash Match
The staggered cash match bonus really is a misnomer inasmuch as there is nothing staggered about it. Rather, this kind of bonus is based on a percentage of what the player deposits. For example, a casino may offer a 50% match on all deposits up to £50 along with a 100% match on deposits of £100.
Clearly, the objective is to motivate players to make the biggest deposit possible. But this doesn't detract from the fact that it offers great value for the new player.
Note that with both cash match and staggered cash match bonuses, there may be limits on the amount you can withdraw. In other words, you may be able to withdraw your winnings but not the actual bonus cash. After all, the casinos aren't in the business of simply handing out free money - your welcome bonus is designed for you to use in their casino. See the rules of your particular casino for more information.
As for Finding the Best Bonuses Out There…
There are numerous ways for finding the best possible bonuses at any given time. Here are a few suggestions:
Investigate all your favourite casinos. Go to the ‘promotions’ section of your favourite online casino and read about the bonuses. Then go back and check every few weeks – bonuses change.
Shop around on other casino sites. You can check out the bonuses at other online casinos without signing up for membership. Shopping for bonuses is like shopping for car insurance.
Check out review sites. There are a number of reputable review sites out there that keep track of online casino bonuses. Use them only as a link reference; go to the actual sites to check out the bonuses yourself.
We aim to present and review our findings about online casinos in an open and honest manner. Our reviews are from experienced, dedicated online casino experts who want to enrich the culture by guiding and supporting enthusiastic players. Regardless of how you find all the best welcome bonuses, make sure to read the terms and conditions carefully. What might appear to be a spectacular bonus could be a bust once you know the rules behind it. The best bonuses are the ones that offer the most value in the long run.