If you don’t have an account on an online casino, but you’re considering setting one up, chances are you’ve already seen a few ads for welcome offers. And, you’re probably wondering what the big deal is about, and if these welcome offers are more than just a clever strategy to earn new users. The answer is yes. Although online casinos rely on welcome offers to get more people to sign up, experienced players say that these bonuses speak volumes about a casino’s reliability and that you should never ignore them when creating an account. If in a land-based casino your profit is determined purely by luck and skill, online, things are different. Apart from being a good player, you also need to know how to multiply your earnings and make big profits with small deposits. Welcome bonuses are key for that, and LeoVegas is one of the best examples of how an online casino should implement this feature to grow their user base.
What are welcome bonuses?
Welcome bonuses are bonuses that online casinos give to new players when they join the platform. They come in many forms, and they’re one of the best ways to keep players engaged. Although they’re not exactly new, welcome bonuses have become more popular in the past few years, when the number of online casinos grew and operators went the extra mile to stand out.
Types of welcome bonuses
Welcome bonuses come in many forms, and the good news is that you can claim whichever type you like, depending on your preferred casino games and playing style. Here are a few examples:
- Match bonuses. This one is pretty simple. The casino will match the amount you deposited with the exact same amount. So, for example, if you deposit $40, you will receive $40 on top of it.
- Deposit multipliers. This is one of the most popular types of welcome offers. It basically means that the casino will multiply the amount of your initial deposit. For example, if you deposit $100 and the welcome offer is a 200% bonus offer, you will receive an additional $200 to wager.
- Fixed amount bonuses. In this case, the casino offers you a fixed amount as a welcome bonus offer, no matter how much money you deposit. The bonus can come in one lump sum, or split into multiple deposit offers. For example, the current LeoVegas welcome offer consists of a larger sum split into four deposit offers.
- Free spins. This one is particularly tempting for those who play online slot games. In this case, the casino will give you free spins when you join. If it sounds great, you should know that there’s more. Usually, casinos offer free spin in combination with other welcome offers, so it wouldn’t be surprising to receive a 300% deposit bonus, plus 200 free spins.
Why all the hype?
Can’t you play casino games without bothering to compare welcome offers? Sure, you can, but why limit how much you can win? Casino operators know that they face a lot of competition these days, which is why they try to attract players with tempting offers and if the offer is good, why not claim it?
Plus, a good welcome offer is considered one of the signs of reliability when choosing an online platform. So, if you found a casino that has great games, but an average welcome offer, chances are there’s also something wrong with their customer support or they don’t care too much about user satisfaction.
As previously mentioned, welcome bonuses aren’t exactly new. They’ve been around for years, but, ever since the casino industry has undergone a massive digital transformation process, bonuses have been one of the leading tools to get the users’ attention.
And last but not least, welcome bonuses are great because they can enhance your gaming experience. For example, with the Starburst free spins at LeoVegas, not only do you have more fun, but you could also get higher winning odds and minimize risks. Professional casino game players swear by welcome bonuses, so they’re an opportunity you shouldn’t ignore.
Should you choose cashable or non-cashable bonuses?
If a casino offers you money as a welcome bonus, that money will come in two forms: cashable or non-cashable. A cashable welcome bonus means that after the casino sends you a certain amount to your casino account, you will be able to withdraw that money to your bank account, without using it to play other games. This type of bonus is great because there are no strings attached and you can simply claim your money.
Meanwhile, a non-cashable, or “sticky” welcome bonus, means that after the casino sends you a certain amount of money, you won’t be able to withdraw it immediately. Instead, you will have to roll it out in select games several times – usually between 10 and 30 times. After you roll out the bonus, you can withdraw it, but the amount can be lower or higher than what you initially received.
There’s no clear winner between a cashable or non-cashable bonus. It all depends on your desire level of risk and what games you play. For example, if you want to be certain you will receive a certain amount, although that amount is small, go for cashable bonuses. But if you prefer the option of potentially making more money, and you were going to pay to play anyway, then go for a non-cashable one.
What should you check before claiming a welcome bonus?
Whether you prefer match deposit bonuses, multipliers, or free spins, the most important thing is to read the terms and conditions carefully. For example, some online casinos advertise amazing 500x welcome bonuses, only to discover that the rollout is 60x, and by that point the chances of losing the bonus are too high. On a similar note, an online casino may have amazing welcome bonuses, but the minimum deposit amount is too high and the withdrawal fees are unreasonable. When in doubt, remember the old saying: if it’s too good to be true, it probably isn’t. Check online reviews before linking your credit card to an online casino, and pay attention to the fine print.