When you sign up to an online casino for the first time and your new account is activated, you can generally claim some kind of guaranteed new player welcome bonus, which some also refer to as the sign-up bonus.
It usually arrives in the form of a matching deposit bonus or free spins bonus and is usually unlocked when making the minimum qualifying deposit amount. Let’s take a closer look at whether or not these promotional offers are worth claiming.
What are online casino welcome bonuses for new players?
One of the ways online casino sites like NetBet try to tempt new players to register an account with them is by offering some kind of welcome bonus. It’s usually a deposit bonus and is automatically applied to your account when depositing for the first time.
However, some online casinos might also offer a certain number of free spins to try one or more of their online slot machines. The most common matching deposit bonus is a 100% match bonus, and the usual number of free spins most online casinos offer is between 10 and 50.
With the 100% match bonus, players will double up on their deposit. For example, if you deposit $/€/£200, and the casino operator gives you a 100% match bonus worth up to $/€/£200, then you would receive $/€/£200 bonus money on top of your $/€/£200 deposit.
Welcome bonuses can be accepted or declined, and they are usually up for grabs on almost any online casino that can be accessed from Wi-Fi/internet-connected desktop computers, smartphones, tablets, and laptops.
To claim an online casino bonus, you must register an account with that casino, which is free to do and can usually be done in under a minute. However, you must be at least 18 to register a real money account at a fully licensed and regulated iGaming site.
What other types of online casino bonuses are there?
The welcome bonus is just one type of online casino promotional offer. After claiming your initial sign-up bonus, you can also look forward to plenty of other ongoing promotional offers. Examples include the following:
● Cashback bonuses – some online casino operators give players a certain amount of cashback on their weekly or monthly net losses (perhaps 10% 20%, or 50% cashback)
● 25%, 50%, 100%, and 200% matching deposit bonuses
● Anniversary bonuses (a free bonus credited to your account each year on the day you signed up) and birthday bonuses
● No deposit bonuses – hard to find, but the most lucrative online casino bonuses (you don’t need to make a deposit to receive these bonuses)
● Loyalty rewards bonuses – the more you play, the more bonuses, promotional offers, perks and benefits you will unlock
● VIP bonuses – similar to above, but you often need to be a high roller or play regularly to receive these bonuses
Are online casino bonuses worth claiming?
Yes and no. For example, the one thing that many new online casino players tend to overlook is what is known as the wagering requirement (sometimes called rollover requirement, playthrough requirement or turnover requirement).
If the wagering requirements that are attached to the bonus are too steep (50x, 60x, 70x times the bonus amount or higher), then you might not want to claim the bonus).
If the bonus comes with a 0x to 40x wagering requirement, then it’s generally worth claiming. This is the amount of money you must wager before you can withdraw any winnings you have made from your bonus.
Final note
The best thing to do when claiming online casino bonuses is to claim only one bonus at a time and stick to playing the slots when completing your wagering requirements. Also, the most important thing all players must do is read the bonus terms and conditions when claiming any online casino bonus.
The Ts and Cs will tell you exactly how to get the most out of the bonus you claimed.