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RacingBetter News |
| Wednesday 15th December 2021 | |
Do All Casinos Offer Welcome Bonuses for Slot Machines?
Introduction
Let us start by answering the question straightaway. Yes, all casinos offer welcome bonuses. This is because welcome bonuses are one of the most effective ways of attracting more and more new players - try live casino games.
On top of it, a welcome bonus presents a win-win situation. The casino is able to get a new player onboard and a player is able to get some extra support for their first few games.
How Does a Welcome Bonus Work?
Main Components of a Welcome Bonus |
|
1 |
Bonus Percentage |
2 |
Bonus Limit |
3 |
Free Spins |
4 |
Bonus Amount (for no-deposit bonuses) |
5 |
Wagering Limit |
When a player sets up an account at an online casino, they are given a bonus. Now, when you get a bonus, there are some things you have to pay attention to:
Bonus Percentage
Bonus Percentage |
Deposit |
Amount Credited |
100% |
£10 |
£20 |
50% |
£10 |
£15 |
If the bonus percentage is 100, then a player will get an additional 100% of their deposit added to their account. So, if they deposit £10, an additional £10 will be added to their account and their account balance will be £20. Similarly, if it is a 50% bonus, their account balance will be (£10 + 50% of £10) or £15.
Bonus Limit
Bonus Percentage |
Deposit |
Bonus Limit |
Amount Credited |
100% |
£600 |
£500 |
£1,100 |
Most bonuses have a limit attached to it. For example, a casino may promise a 100% bonus up to £500 on your first deposit. So, if you make a deposit of more than £500, the casino will not add an additional 100% in your account because the bonus gets maxed out at £500. So, if you deposit £600, your account balance will be (£600 + £500) or £1,100.
Free Spins
On many occasions, a welcome bonus is accompanied by a set of free spins. This makes the offer even more attractive. With the help of free spins, you can try out games without even making any deposit. Hence, they are called free. In fact, free spins are very popular when it comes to online slots.
Bonus Amount
Welcome bonuses can be broadly distinguished into 2 categories, one where you have to make a deposit and one where you do not. Players seem to prefer the latter over the former. When you do not have to make a deposit, the welcome bonus gives you a bonus amount instead of a bonus percentage. This bonus amount gets directly added to your account right after you sign up.
Wagering Limit
Every type of bonus, be it a welcome bonus or otherwise, has a wagering limit. This is always mentioned in the terms and conditions. The wagering limit specifies the amount of money that you need to wager before being eligible to claim your bonus. Obviously, casinos do not want players to simply get the bonus and bounce off without even playing. The wagering limit is the casino’s way of making you play more.
Final Thoughts
Every online casino tries to attract slot players by promising welcome bonuses. However, you need to be cautious about which casino to choose. Make sure that the casino does not turn out to be a fraud. In some instances, it has been observed that players have been duped into signing up and making deposits with fake promises. To prevent this, always ensure that the casino has an operating license, preferably issued by the Gambling Commission of UK.
