What Is a Welcome Bonus Promotion and How to Use It
Finding a gambling website that doesn’t offer a welcome bonus would be challenging. It is arguably the most widespread promotional offer and is crucial in attracting new players. Today, the Stakers team explains the main types of welcome offers and how they work.
What Is a Welcome Bonus in an Online Casino?
A welcome or sign-up bonus is a promotion directed to new users. This offer motivates customers to sign up for an account and deposit funds in an online casino.
iGaming providers usually offer a matching deposit up to a certain amount, and the welcome package can also include other offers like loyalty points or, in some occasions, direct cash rewards.
Efficient Marketing Tool
This perk is so effective because it works for both sides. Casinos draw new customers to their platforms, and users can try new websites with extra funds. They can see and feel the games and try new strategies without ever risking their money.
As competition among casinos is heating up, they fund these promotions and use them as practical marketing tools. As good as it sounds for the newbies to get 100% of the initial payment, there are things to consider when using such offers.
Read through the Terms and Conditions
These bonuses are almost free money for new users. However, there are some strings attached. Newcomers should always read the Terms & Conditions to understand the offer.
There is a minimum payment threshold to get the funds. It is usually low and around $10 or $20. Customers will get more with the bigger down payment. Once the user qualifies for the incentive, there are wagering requirements or the number of times to play through with the received funds. For example, if the requirement is 10x, the player who received a $10 bonus must make bets totaling $100.
Once the incentive starts, there is a time limit to take into account, and it typically ranges between 1 and 4 weeks. Bonuses also come with stake limits and how much prize money users can withdraw. Customers should also know that terms for bonuses differ from the general T&C section.
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Free Spins as Part of the Promotion
Aside from money directly added to the account, players can receive spin tokens as part of the welcoming incentives. It is a valuable reward when looking for top WV sites to play slots because it doesn’t require large deposits and offers extra playtime.
Gambling websites offer different variations of these incentives. When a few hundred FS are provided as part of the initial incentive, the number of tokens is often the same regardless of the deposit amount. This makes the deal more attractive for players looking to start with a smaller deposit and explore the game library before making a more substantial investment.
On the other hand, the promotion has even stricter wagering requirements, and reading the terms and conditions will help players know what to expect. These rewards are also often tied to a specific slot game or a list of slots.
How to Get Promotional Offers
In most instances, signing up for an account and depositing money will grant an incentive. Some activations require players to enter a promo code. For security reasons, all customers contributing to iGaming industry growth must verify accounts via email or smartphone. Players activate the promotion on their profile page.