Welcome Bonus Casinos 2018
Bonuses are a way for online casinos to attract new players. 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.
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.
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.
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.
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.
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. 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.
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.