When playing slots at a new site, an online slot welcome offer, a first deposit, or a welcome bonus is the first offer to consider. This offer gives you the most bang for your money, providing promotional funds to play your favorite slot for longer – find out more now.
This article will take you through the online slot welcome offers, describing what they are and how they work.
What is a Welcome Offer?
A welcome offer is a casino’s reward to new players for signing up. The exact reward depends on the offer, but it is either free spins or a bonus.
Welcome bonuses can be very lucrative, as it is the casino’s way to attract you to play at their site. So, they will always offer a particularly generous amount.
How do Slot Welcome Bonuses Work?
Most casinos will offer more money than what you deposit as a welcome bonus. The exact amount you receive depends on your deposit, the maximum bonus amount, and how much the casino is willing to match your deposit.
For example, a welcome offer of 100% up to €100 means that the casino is willing to match your bonus in full. So, if you deposit €50, you will receive an extra €50. However, the casino doesn’t let you cash the money just like that; you must wager it.
Most slot welcome bonuses have a wagering requirement. You must use the bonus a couple of times before reaching a certain set number. Wagering will be indicated as something like x30. This means you need to multiply the extra money by 30 to know how much you need to wager.
For example, in the 100% match up to €100 with a 30x wagering bonus. Deposit € 100 and get €100 as a bonus. Wagering is on the bonus amount only, so you multiply € 100 by 30= € 3,000. So, before withdrawing the winnings, you must wager a total of € 3,000.
Shopping around to find a casino with lower wagering requirements can increase your chances of winning a bonus bet.
Welcome Bonus with Free Spins
Sometimes, the casino may include free spins as part of their welcome offer. This offer often consists of a standard play cash promotion with tens or hundreds of free spins to use on online slots. The free spins can be used on specific slot machines or those from a particular provider. They are to be used within a few days, so don’t miss to check the terms and conditions.
Benefits of Slot Welcome Offers
Online betting involves depositing and risking a certain amount of money. Therefore, getting a bonus is a positive thing. You will be risking money that you were going to bet anyway but are getting a little more cash to play with. With more bankroll, you have a better chance of winning.
Mostly, there is no disadvantage to claiming the slot welcome offers. But, note that they come with some specific requirements that you must meet. Always check the T&Cs of the casino welcome offer before signing up for it.
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