There are tons of casino bonuses promoted online on a daily and a large percentage of them are welcome bonuses. These promotions are not aimed at new gamblers alone but also for avid gamblers who are yet to discover what the casino is offering. Every casino tries to outdo the rest with their welcome offer. However, some make their bonuses look more attractive than their actual values. With strategic wagering requirements, some casinos have a way of collecting more than what they are offering. Online gambling newbies are more likely to make bad choices when it comes to welcome bonuses. Our welcome bonus guide explains everything about different sign-up rewards you will be offered by online casinos, how to claim them and the best way to profit from them.
Types of Welcome Bonuses on Online Casinos
Welcome bonuses are predominantly cash match bonuses. How does cash match bonus work? When you make your first deposit and claim a cash match bonus, the casino instantly rewards you with a certain percentage of your deposit. Casinos are generally competitive with the cash match percentage they are offering, so you will likely find tons of them offering between 100% and 200% match bonuses. For example, when you deposit 70SEK and you are offered a 100% match bonus, you get 140 SEK worth of bonus money. For example as one of the Sweden casino - https://wyrmspel.com/online-casino/betway/
No deposit bonuses are also offered as welcome bonus, but scarcely. A no deposit is generally given in bonus money, so you can only use them to play. You can claim them without funding your account but you will have to make deposits to cash out your winnings.
Another type of welcome bonus you can get on online casinos are free spins. They incentives attached to the main bonus or in rare cases, they are offered alone. Free spins are used on slot machines on the casino site and they usually require some amount of wager to be withdrawn.
Online Casinos with the Best Welcome Bonuses
The secret to identifying the best welcome bonuses and boosting your bankroll with them lies in the ability to find out wagering requirements and strategically planning on how to win your reward back. We must tell the odds are against you. The plain truth is most times, the most you can get from a welcome bonus is extended game time. Getting the whole sum of your bonus money out of a casino is not an easy task. So, we advise that you go through the wagering terms and evade the ones that carry more than 50x wager.
When a casino rewards you with 20 SEK bonus money that carries a 50x playthrough quota, it means all winnings can only be withdrawn after spending 200 SEK on eligible real money games on the site. There is also a time limit, if your winnings are not cashed out before the validity period ends, you stand to lose all. Some games will also allow you to meet your playthrough quota than others. Generally, slots are worth more than table games. To get the most from any welcome bonus you claim, read the terms and conditions and plan your strategy towards winning your money back.