Ever since online casinos came into the picture, welcome bonuses have been a key attraction for new players and still are today. These offers provide extra value and the chance to explore the platform with added funds or free spins. For instance, Verde casino offers new users a welcome bonus of up to $1,200 plus 220 free spins.
To be clear, not all sign promotions are equal. Now, the question that comes to mind as a newbie is: how can I make the best of these bonuses? If that’s what you’re thinking, then keep reading to find out.
Overview of Welcome Bonuses
Simply put, welcome bonuses are promotional offers provided by online casinos to reward new players after signing up. For the record, they’re one-time promos. Hence, once you’ve registered and claimed the welcome bonus, you can’t get it a second time from the same platform. There are different types of welcome bonuses, and it’s good to know which you get if you want to maximize it. These are the most common ones:
- Deposit match bonuses. This is by far the most popular type available at online casinos. When you make your first deposit, the platform gives you a matched percentage of your money as a bonus fund. To illustrate, if you deposit $100 on a 100% deposit match, the site will give you an additional $100. That means you have $200 to play with.
- Free spins. These are related only to slots. With this bonus, you get a specific number of spins, which can range from 10 to 200 or more. Therefore, if you love games with reels, you’ll want to claim a welcome package that includes free spins. However, note that the free spins can be limited to just one slot or a few. Some work with a wide range of titles anyway; you just have to look for them.
- No deposit bonuses. Here comes the part where you don’t have to pay any money, but you get rewards for free. A no deposit bonus is granted immediately after you sign up, with no need to fund your account. From our expertise, gaming platforms offer this type to help newbies try out selected games. No deposit bonuses can come as free cash or free spins, depending on the casino. That said, keep in mind that they’re extremely rare. Also, they’re only available in low amounts — like $5 or $10 and 10 free spins.
- Cashback offers. Not all online casinos provide this particular offer, as they’re more common with sportsbooks. Nevertheless, cashback sign-up bonuses return a percentage of your first series of bets if lost. For instance, if you lose $100 during your first week and the site offers a 50% cashback, you receive $50 in bonus funds.
Strategies to Maximize Your Welcome Bonus
Now that you know the different types of welcome bonuses available, how do you make the most out of them? Let’s find out:
- Select a casino with fair and transparent terms. Before you claim any welcome bonus, carefully read the terms and conditions. It may sound untrue, but many new players totally skip this part. You shouldn’t be one of them. Importantly, only choose a casino that offers clear bonus terms that are easy to understand. This includes reasonable wagering requirements of 49x and below, no hidden fees, and transparent game restrictions.
- Deposit the maximum amount to unlock the full bonus. This particular applies to the match percentage type tied to your first deposit. It’s usually capped at a maximum. If it’s a 100% match up to $500, depositing $50 will only get you $100 in total. However, if you deposit the $500 maximum, you get $1,000. Clearly, the larger your deposit, the more the bonus. We advise this tip only if you’re a high roller and your bankroll permits it. Otherwise, stick to an amount that suits your budget.
- Track your progress to meet the requirements within the deadline. The wagering requirement is the most important condition in any promotion. It refers to the number of times you must bet the bonus amount before you withdraw any winnings. Notably, all welcome offers come with an expiry date. Therefore, it helps you monitor your sessions and check your bonus balance regularly. This way, you won’t slack behind the validity period and lose your bonus and winnings.
- Play games with high RTP rates to rollover faster. If you want to complete wagering requirements in record time, playing high RTP games does the trick. Return to Player is the percentage of the wager paid back to you over time. You may wonder what relationship high RTP and wagering requirements have. Well, higher RTP titles — such as online slots and table games — help retain more of your bankroll while fulfilling wagering requirements.
Leverage Sign-Up Bonuses at Online Casino Today
Welcome bonuses are always a great start at online casinos, and they make your initial experience enjoyable. However, that only applies if you use them wisely. Thankfully, you can follow the tips in this article and make the most of the offers.
