When searching for suitable online casinos as a new online gambler or exploring other options as a regular player, one common thing that makes some casinos more appealing than the others is the welcome bonus offered. Online gambling establishments know the bigger their welcome offer is, the bigger the crowd they pull. Therefore, they have tailored their welcome bonus to be competitive while making sure they do not run out of business. Typically, new players often make the mistake of claiming less valuable bonuses disguised as huge offers, and end up losing more money when they try to withdraw their cash winnings. Experienced players, on the other hand, can spot bonuses without much value after a glance at the terms that comes with these bonuses. Welcome bonuses are put in place to reward players’ first deposit(s). Casinos also make sure these types of bonuses don’t get claimed more than once by the same player. They achieve this by verifying all user details and keeping records of this information. So it is impossible to claim a welcome bonus twice, and you might end up losing the bonus if you give incorrect personal details.
Features of a Welcome Bonus
Depending on the casino you are joining, the features of welcome bonuses vary. Although they are promoted the same way, their terms and conditions are not always the same. While some casinos will simply reward you for creating an account with them, others will wait till you deposit some money in your player account. The most common welcome bonus come in packages spread out across 2 or more initial deposits. This simply means your reward is not only limited to one tier but two, three or sometimes 4 tiers, which makes it more thrilling. Other casinos will only reward your first deposit.
Welcome packages offered by online casinos often include a matched deposit bonus and sometimes, extra spins. Matched deposit welcome bonuses are constantly advertised with certain percentages and the maximum amount you can get from them. For instance, you can find 100% up to £100, which means you get £200 worth of bonus money to play games on the casino website. Matched deposit bonuses you can find on online casinos range from 50% to a massive 500%. However, the higher the percentage of these offers, the more the wagering requirement you have to meet to claim your winnings.
Since most players trying to claim a casino bonus are aiming to make extra money, the next important thing to consider is how to get the money earned from playing out. This is where most players flop and lose their winnings. While accepting a bonus offer, it is easy to forget to assess the wagering requirements, validity period and maximum cash out amount. The three factors are what determines how valuable a casino bonus is. If you look closely at a bonus offer or go further to check the terms attached to it, you will notice some offer carry higher wagering quotas. The wagering quota is the amount of time you have to bet your bonus money in order for it to be converted to real cash and released in your cash balance. Some bonuses carry as much as 50x wager, but this will most likely not be displayed until you read the terms.
Other conditions are the validity period and the maximum cash out amount. The validity period is the time limit you have before your bonus it taken back by the casino. Bonus time validity ranges between a few days to a week. The maximum cash out amount is the total amount you are allowed to cash out from your winnings. So when you use your bonus money to hit a jackpot, you might be disappointed to learn you are only allowed to cash out a maximum of £500.
Local UK Casinos with the Highest Welcome Bonus
- LeoVegas Casino: New players at this casino get 100% up to £400 matched deposit bonus plus 100 free spins.
- 888 Casino: This renowned casino welcome its new customers with 100% up to £100 with an extra £88 no deposit bonus.
- Casumo Casino: On signing up you get 20 free spins and 100% up to £300 matched deposit bonus on your first deposit.