So, as soon as you’ve joined a new site and have used up any no deposit offer (if one was given), you’ll almost certainly be given what’s called a welcome bonus.
A welcome bonus (also known as a welcome package) is the first bonus or bonuses you’ll receive upon joining. It could be one offer, or expand to include your second, third, fourth or even fifth deposits. It all depends on each casino.
In most cases, you will receive a set amount of extra bonus money on top of your real money. This bonus money is, essentially, additional funds that you can use to play your favourite games – but it can’t be withdrawn before the wagering requirements (see below) have been completed.
To describe how a welcome bonus works, here’s how we’re outlining the classic 100% up to €100 for you (this also applies to GBP and other currencies):
Casino Bonus – 100% match bonus explained
As the casino offers you 100%, this basically means whatever you deposit will be doubled – up to a maximum of €100.
Therefore, if you deposited €150, you would only receive the maximum €100 bonus money for €250 overall (€150 deposit + €100 bonus money).
Of course, this is just a generic offer – so there are different percentages and caps to choose between.
Not every casino offers a flat 100% boost, nor a maximum cap of €/£100. A few may decide on lower amounts, but most exceed these numbers – which is great!
100% Welcome Bonus: This will see you first deposit doubled, up to a certain amount.
200% Welcome Bonus: Your deposit will be trebled instead – e.g. deposit €100 to get €/£300 overall.
A 300%+ Welcome Bonus: We’re getting into huge casino bonus territory now, with your first deposit being quadrupled.
On the other side of the coin, you also need to consider what the maximum bonus cap is.
€/£100 Extra Funds: As above, your deposit bonus will be capped at a maximum of €/£100.
€/£200 Casino Bonus: This doubles to a maximum amount of €/£200.
€/£300+ Additional Money: If a site is looking to make a big splash, it may decide to up the limits to €/£300 for a huge casino bonus.
Unlimited: This leads us to the ultimate. Although rare, some casinos may not apply a cap, so you can literally acquire whatever amount of extra bonus money you desire.
It’s crucial to consider both aspects before deciding whether casino offers are worth it.
For example, 25% up to €/£300 is a very different package to 300% up to €/£300. Likewise, that huge percentage of 300% isn’t much good if given a cap of €/£50.
Take the time to consider what’s the right casino bonus for you.