Welcome bonuses are but one of many deposit bonuses available to players!
As a new player, your patronage comes at a premium. What this means is that online casinos will compete for your business by offering you a wide range of bonuses and promotions. Many players are swayed by offers of generous bonuses, but the fine print is equally important. For example, a 100% welcome bonus up to $250 may seem attractive, but what does the fine print say?
Wagering requirements, or turn requirements as they are otherwise known, explain precisely how much money has to be wagered before players can withdraw winnings they have accumulated from the bonus offer. Sometimes you will be required to wager between 30 and 50 times the bonus amount before you can withdraw the winnings. This is an important consideration. Other conditions attached to withdrawing winnings from deposit bonuses include the specific games that you can use the bonus cash on. Exclusions may exist.
Different Types of Deposit Bonuses
Online casinos are as inventive as they are diversified when it comes to bonuses. There are bonuses available for first deposits, second deposits, third deposits, multi-deposits, friend referrals, preferred payments methods and more. There are even no deposit bonuses which simply require you to enter your registration information. Of course with a no deposit bonus, you will be required to make a deposit and comply with the wagering requirements before you can withdraw any winnings. Bonuses cannot be withdrawn once they've been received; if that were the case, online casinos would go bankrupt.
These bonuses make it possible for you to enjoy online casino games on the house, but any real-money winnings that have accrued will need to meet with turn requirements first. The more insight you have into the different types of bonuses and the requirements for each bonus offer, the better off you will be.