Mary Smith | January 14, 2023 | Updated on: April 22nd, 2024
Welcome Bonuses are a casinos way of attracting new players to the casino. This type of bonus has been around for the longest of time. Australian players will also find other types of bonuses such as the no deposit bonus and reload bonuses.
We share why the welcome bonus is great for the new players to take advantage of. Most new players may be sceptical to accept the welcome offer; we break down what it is and how you can benefit from it.
A welcome bonus is an incentive used by the casino to give first-time players a boost to their bankroll. It is also their way of ‘warmly welcoming’ you to the site. Welcome bonuses have been around for as long as casinos. It would be rare for a casino not to offer this bonus.
Welcome bonuses open players to a world of more bonuses once they have used it up. They are also referred to as first deposit bonuses or sign-up bonuses. This bonus is used as a marketing tool to get players coming back to the casino.
How Do Welcome Bonuses Work?
Once you have chosen the casino you want to play at, you will need to register first before you can accept their welcome offer. This bonus can only be claimed once at a casino. If you try to claim it twice, it could lead to your account being suspended or banned by the casino.
Here are the steps you can take to claim your welcome bonus:
Step 1: Register your account at a casino of your choice.
Step 2: Head on over to the banking section and select a payment method.
Step 3: Read the terms and conditions of the welcome bonus.
Step 4: Deposit funds into your casino account.
Step 5: Your account will automatically be credited with the welcome bonus amount. Some casinos may require you to click on a welcome bonus icon and type in a code to activate it.
Some welcome bonuses are divided over three deposits until you have covered the total amount. Some bonuses have free spins attached to their offer. These can be used on your favourite slot games.
What Are the Wagering Requirements For Welcome Bonuses?
When it comes to accepting a welcome offer, it is necessary that you read the wagering requirements. These are terms and conditions that you must meet before you can withdraw your winnings.
Casinos do this so that you can try out their games before considering another casino to play at. These conditions will vary from one casino to the next. Once you have accepted the bonus, you need to use it within a specific time frame to avoid forfeiting it.
Welcome Bonus FAQs
What is a welcome bonus?
A welcome bonus is an incentive offered to first-time players at all online casinos. The advantage of using this bonus allows you to make bigger bets and extend you gaming time. Every online casino has unique wagering requirements that players need to meet before cashing out. It is necessary to read the fine print to avoid disappointment.
Are casino welcome bonuses worth it?
Yes, casino welcome bonuses are worth it as they offer you extra value. This bonus gives you more money to play with and therefore increases your chances of winning real money.
What are wagering requirements?
Wagering requirements refer to the terms and conditions that a player needs to meet before they can cash out their winnings.
Who can use a welcome bonus?
Only new players signing up at a casino for the first time are eligible for a welcome bonus.
When can I withdraw my bonus winnings?
You can only withdraw your winnings once you have met wagering requirements for the bonus.
How much do I have left of my bonus to wager?
You can find this information out by selecting the ‘bonuses tab’ in your casino account where you deposit funds. This is where you can find out how much you must wager on your bonus before cashing out.
How can I cancel my bonus?
You can cancel your bonus by heading over to the promotions page and clicking the ‘cancel’ option. If you cancel your bonus, you will also forfeit any winnings made from it.
