What is a Welcome Bonus at an Online Casino?
A welcome bonus is a common promotion provided at an online casino. It is a way of enticing a player to choose an online casino for play. The bonus is offered one time, once a person signs up for an account.
The most common welcome bonus is a match of the first deposit that is made into the player's real money account. For example, an online casino might offer a 100% welcome bonus. If a player deposits $100, their welcome bonus would be for $100 as well.
With welcome bonuses, online casinos control when the money can be withdrawn from the account. A person cannot simply cash out their bonus immediately. Instead, it is to be used in the casino. The amount of money that needs to be played before a withdrawal will vary between online casinos. The rules will usually be found within the fine print of the site.
Some welcome bonuses will also include free spins. The spins are provided on a specific slot game or group of games. The earnings from the free spins are then added to the player's account.
A welcome bonus will vary between online casinos. The bonus is only valid one time, which is seen as a thank you for creating an account.