Discover the Different Types of Casino Welcome Bonuses

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The online gambling industry continues to grow by leaps and bounds since the debut of the first casino site in the late 1990s. As the competition intensifies, operators have to think up of ways to make their sites attractive to potential customers.

One common method used by gambling sites is the use of the welcome bonus promotion. Find out everything you need to know about this incentive on this page. We will also be telling you where to find the most rewarding offers online.

What is a Welcome Bonus?

Also known as the new customer or sign up bonus, a welcome offer is a casino's way of greeting new players and rewarding them for joining their sites. The incentive comes in various forms and it can be pretty generous depending on the brand. Some sites will give you free or extra credits when you register, while others will compensate you for losses that you incur over a specified period.

Whichever the case, the bonus can give you a big head start over the house, and you should always be on the lookout for these offers when signing up with a new casino.

Types of Welcome Bonus Promotions

There are four different types of welcome bonuses as explained below.

  • No deposit promotions: The no-deposit promotion is an exciting offer that casinos use to reward new customers. The bonus is awarded as soon as you complete the sign-up process, and you don't need to send any funds to the site to receive it. This means that it is 100% free. The deal might come in the form of free spins, free play vouchers, or a small amount of cash. This offer can be pretty useful if you want to test the platform and games in a new casino without putting your money on the line.
  • Match bonuses: The match bonus promotion gives you extra cash to play with when you deposit funds to your new player account at a gambling site. The amount of credits awarded depends on how much you deposit. For example, a casino may offer to match your initial deposit by 100% up to $200. This means that if you deposit $50, the house will give you $50 for free and you will have $100 to play with. With the extra credits, you can play more games at the casino for a chance to win more money.
  • Free spins: The free spins promo is a common offer at online casinos. As the name implies, the offer gives you the chance to spin popular slots for free when you sign up with a new gambling site. The incentive might come as a stand-alone package but most sites will bundle it up with the match bonus. Also, a majority of operators will specify the eligible slots in the promotion. For example, "Get $150% Match up to $300 + 100 Free Spins for Starburst."
  • Cashbacks: Cashbacks or money back welcome bonuses are not so common but you will still find them at some online gambling sites. In this promotion, the operator offers to reimburse your bankroll in real cash up to a specified percentage if you lose everything you wager at the site. The amount refunded may depend on how much you deposit or the total amount lost within a specified period.

How to Make Money from Welcome Promotions

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There a lot of reasons why you should take advantage of sign up promotions at online gambling sites. However, the most exciting is the possibility of cashing in on the bonus cash or free spins.

The free funds you receive from the casino are just like your real money, and you can use them to play the different types of games offered at the site. What's more, the operator will allow you to withdraw and keep any amount you win by wagering the bonus money if you fulfill all the terms and conditions imposed on the offer. An example of such terms is the wagering requirement which describes the number of times you should roll over the bonus funds or winnings from free spins to convert them to real money for withdrawal. This condition is very important as you must beat these requirements before requesting to cash out.

Find the Best Sign Up Offers Online

Would you like to play real money games at online casinos but don't know how to go about it? Well, don't worry because we have reviewed hundreds of brands on the internet and compiled a list of the top legal gambling sites with the best welcome bonuses. Find the perfect deal and sign up to start playing!

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