Understanding Casino Welcome Bonuses

An Introduction To Online Bonuses

One of the best parts of playing at an online casino is the plethora of bonuses. Online casinos that operate on a sweepstakes model often offer new users bonuses or promotions to get them betting right away. Online sweepstakes casinos, like OMG Casino, offer generous bonuses to both new and long-time users.

Sweepstakes casinos operate on two different virtual currencies: Gold Coins (GCs) and Sweeps Coins (SCs). Gold Coins are primarily used for play. This currency can be purchased with real money, but does not hold any monetary value. Meanwhile, Sweeps Coins cannot be purchased outright and can only be won from games, earned in bonuses or promotions, or acquired as a bonus when purchasing Gold Coins. Sweeps Coins are special as they can be exchanged for real prizes. Most online casinos offer promotions that reward users with both Gold Coins and Sweeps Coins.

 

One of the most popular kinds of promotions online casinos offer is the welcome bonus. As its name implies, it is gifted to new users upon registering for an account. This bonus is also sometimes referred to as a “no-deposit bonus” because it is sometimes rewarded to new users without the need for a purchase or deposit. 

Understanding the Terms & Conditions

Before signing up for an online casino, it’s essential to consider all the terms and conditions. Understanding these terms fully will ensure that users know exactly what they must do to earn their bonus and what stipulations are involved. Aside from the terms and conditions of the bonus itself, it’s also essential to understand the terms and conditions of the entire platform.

Wagering Requirements

Most online casinos have wagering requirements tied to their welcome bonuses. Most of the time, this simply means that whatever amount the bonus is worth (x amount of Gold Coins and/or Sweeps Coins) must be used in play at least once before redemption. 

 

In other words, this means that if players receive 10 Sweeps Coins from their welcome bonus, they must wager those 10 Sweeps Coins at least once in order to redeem them for prizes afterwards. This is to prevent new users from immediately cashing out the Sweeps Coins received from their welcome bonus. However, after these coins have been used for play at least one time, users are then free to exchange them for prize redemption. In some cases, casinos will require players to wager the bonus coins more than once before prize redemption.

 

Minimum Deposits

In some cases, a welcome bonus is entirely free, while in others, online casinos require new users to make a deposit before they can redeem their welcome bonus. 

 

A minimum deposit refers to the minimum amount of money a new user must spend on Gold Coins to be eligible to redeem their welcome bonus. This minimum will depend on the casino but will typically begin at $1.

Corresponding Games for Bonuses

Some welcome bonuses will offer unique gifts. One of the most common extras that online casinos will include in their welcome bonuses is free plays or multipliers for specific games. This can be a certain number of free spins on a specific slot machine or a multiplier for a table game or slots.

Choose Bonuses That Fit Your Casino Playing Style

When it comes to choosing the right online casino for you, it can come down to the type of welcome bonus each casino offers. Each casino is unique and offers different benefits for new users. New users can choose the right online casino for them by looking at what kind of welcome bonuses they offer. Depending on your playstyle or preferences, one welcome bonus may be much more profitable than another.

Slot Focused Bonuses & Board Game Bonuses

Some casinos will offer bonuses that focus on a specific game or type of play. One of the most common offers is free spins. This can be for a specific slot machine, a specific selection of slot machines, or any slot machine of your choice. Other types of bonuses will cater to players who prefer games like table games or card games. This can be extra credit, free plays, or other kinds of benefits.

Hybrid Bonuses

Some bonuses may come with a mix of slot machine and table or board game offers. This can give new users free spins, free plays, or even a deposit match, where the amount matched is equal to the user’s deposit, effectively doubling their currency and plays. 

Start With A Budget

Determine Your Deposit Amount

Staying responsible is the most important rule of online gambling; remember that gambling is a pastime and not a primary means of income. The easiest way to stay responsible when gambling is by setting a budget. Set your deposit amount and stick to it. Often, casinos will have a minimum deposit amount. Deposits typically work via Gold Coin packages.

 

Since Sweeps Coins cannot be purchased with money, users will use their real cash to purchase Gold Coins. These Gold Coins aren’t manually translated from dollars to coins. Instead, users can choose which Gold Coin packages they wish to buy. These packages can range from as low as a dollar to hundreds of dollars. 

Choose Bonuses That Align With Your Bankroll

Online casinos often offer specific bonuses depending on your deposit. The more you spend, the bigger the bonus. The size of the bonus will grow exponentially with the size of your deposit. For example, a deposit of 5 dollars may give you a bonus of 10 free Sweeps Coins and 5 free spins, while a deposit of 10 dollars may give you a bonus of 25 Sweeps Coins and 15 free spins.

 

Make sure to pick whichever bonus aligns with the size of your bankroll. Pick the package that is closest to your budget or bankroll.

Prioritize Low Wagering Requirements

Finding a casino that offers a low wagering requirement for its bonus is a good way to ensure you get your winnings faster. Not only does this reduce your risk, but it also increases your chances of prize redemption.

Conclusion

Before signing up and registering for an online casino, users should remember to read the fine print. Understanding the rules, terms, and conditions of a welcome bonus will ensure a smooth online betting experience with no unwelcome surprises.