Casino Welcome Bonuses
What is a Welcome Bonus? How does one work? Are there many? Where to find them? Let’s take Welcome Bonuses step by step and work out how to pick the best ones and what to do with them once you found them. What Exactly?
First things first. Welcome Bonuses are prizes you get for joining a casino, kind of like Loyalty Programs, but instead of getting them after, you become entitled to them the moment you sign up. What’s the catch here, you ask? The land-based casino can afford to draw clients in with fancy architecture, skilled staff, and beautiful events, but all real online casinos really have is their rep. And the only way to get customers in is to offer them bonuses on joining. Show more
The business is absolutely ruthless. 94% of businesses go bankrupt in 10 years – and the remaining 6 are not winners that bring their owners millions in passive income, but just those left standing. They have their own problems after that, but, long story short, only a percentage of those brings in revenue. So it stands to reason to give plenty of money away at this point, because, hypothetically, bonuses that attract customers on joining should provide big-time ROI in the long run. No guarantees though. The 94% will testify to that.
Sign Up Casino Bonuses: How They Work
So how do you make sure you get back the money you give away? One of the ways to ensure that is to set conditions for bonuses, like playthrough, Which you have to fulfill to be able to cash bonuses out.
For example, if you’re a business owner and you just give people $100 bucks to join and play, given a $100 000 starting capital, the first 1 000 clients would just empty your reserve fund in 24 hours and leave, and you’d be left with peanuts they spent. But if you said that that $100 was bonus money which matched their deposit and that in order to cash out this bonus they would have to make at least 200 bets…Now you’re getting somewhere making money on those bets. Obviously, there are many more complications, which we will go into, but let’s go through the process methodically.
Why Are They So Popular?
You’ve finally got your hands on that hard-earned cash. Then you satisfied all your needs. Then you found there was some money left. You want to have fun. Isn’t that what life is about? You thought you should find a suitable way to spend your money, and then your mind turns to casinos. They’ve always been associated in your mind with chic, elegance, affluence, and style. People who visit casinos are the world’s finest, the famous 1 percent. But which casino to choose? There are so many, and they all offer the same games more or less.
Then your gaze falls upon X. They offer up to a thousand pound bonus when you join. Compared to Y, who offer a hundred, that’s a lot of money. Compared to Z, who offer nothing, and don’t really seem to care what you think one way or another, that’s a whole lot. And all you have to do is join, which is what you were going to do in the first place? Sign me up!
In theory what should happen is that pure awesomeness just presents itself to you, you seize the moment, make the day, and the world is your oyster: in addition to becoming a thousand pounds richer (and to think you could have missed this brilliant opportunity!), you win big, and soon you’re enjoying Cuban cigars and surfer honeys on an island in the Mediterranean with nothing weighing you down but a loincloth. At least that’s how the advertising is presented, and that is how you start to think.
The world is a hot mix of unicorns, rainbows, and cotton candy-wrapped chocolate bunnies covered with layers of chocolate in boxes made of chocolate biscuits your mother used to leave under your pillow every Christmas morning when you were a kid.
In actuality, just like everything else in life, everything worth having you have to fight for, and while some awesome things are for free, like love, sunshine, and functional relationships, Welcome Bonuses are not really free because they come with whole scrolls full of limitations. Have you ever read an End User License Agreement to the end? Neither have we. The casinos use clients’ psychology, which they understand very well, to create all kinds of effects designed to make you join this particular casino and disregard the fine print condition bonuses come with.
There are certain limitations always placed on bonuses, and Welcome Casino Bonuses are no exception. Because they are the most sought-after, they often come with burdens of massive playthrough (a number of times you have to place bets in order to cash the bonus), a time limit on getting the bonus out, after which it gets annihilated, different levels of game contribution (some games you play will contribute to playthrough very little, while others a lot), and so on.
While the whole topic is quite complex and often well-disguised as something else, by law online gambling providers are required to display all the fine print stuff when they reward the bonus. Limitations are written in a (thanks!) usually short document that outlines the wagering requirements for this bonus.
So How Do I Choose Welcome Casino Bonuses?
Very carefully. Don’t get us wrong. We think that welcome casino bonuses for gambling are fantastic. You can definitely find some of them that are truly worth getting. We especially like time bonuses and cashback bonuses (described further on). However, we strongly recommend you check out Wagering Requirements very thoroughly to make sure you’re not getting taken for a ride with unreally high playthrough, bonuses that vanish within 3 days, or whatever else the owner may have in store. Show less
|#||Online casino||AffGambler Rating||Welcome bonus||Reviews|
|1||Chance Hill||3.80||100% up to £100||0 reviews||Visit|
|2||Red Stag||3.34||275% up to $200||4 reviews||Visit|
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|5||Bovegas Casino||2.53||350% up to €7000||2 reviews||Visit|
|6||Supernova||2.53||350% up to €7000||2 reviews||Visit|
|7||Optibet.ee||2.43||100% up to €300||0 reviews||Visit|
|8||Miami Club||2.14||100% up to $100||2 reviews||Visit|
|9||Mobizino||2.01||100% up to €200||0 reviews||Visit|
|10||CaliberBingo||2.01||100% up to €200||0 reviews||Visit|
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