When shopping around for an online casino to join, players should always take note of the various bonuses. The bonus offered by the casino should always have a Sign Up Bonus. Sign up or welcome bonuses refer to the free spins or cash you receive for signing up at a casino.
Most casinos, in a bid to woo many players to sign up and make their first deposit, offer these bonuses. These welcome bonuses are one of the best bonuses that you can receive. The only downside is that the bonuses can only be received once. That is, when you sign up at the chosen online casino. These welcome bonuses are, in essence, extra money that you can actually use to wager on games.
How Does A Sign Up Bonus Work?
Online casinos offer sign up bonuses in two major ways:
A percentage of what you deposit. For example you may get 100% up to AU$200. Casinos will match your first deposit with a certain percentage. This is usually up to a certain amount. The casino may decide to do this in one deposit it may divide it up into many deposits, usually 3.
The casino may also give you a cash amount to play with, say AU$50 free. Instead of receiving a percentage, you can receive a cash amount. Again, the casino may decide to do this in one deposit or over a few deposits.
Tips When Choosing Sign up Bonuses or No Deposit Sign up Bonus
There are things all new players should take note of when joining an Online Casino, which are:
You must go for the best possible Sign up offer you can find. Try to find a casino that offers you the most bonus amount and free spins
When you make a deposit, ensure you receive the maximum bonus. For example, if the online casino is offering 100% up to AU$350, try to deposit AU$350. This way, you will receive another AU$350 to play with
Always make sure that you read the terms and conditions about receiving or withdrawing the winnings made from your Welcome Bonus
You must know the difference between a Deposit and No Deposit Bonuses. A Deposit bonus requires you to deposit before accessing your bonus. No Deposit Bonus allows you to make use your bonus amount without making a deposit
In both cases, wagering requirements have to be met. This is not a negative thing always. In many cases, you are able to double or triple the normal amount you have spent
Try joining a few Online Casinos If you want many bonuses
How to Cash Out From a Welcome Bonus
Like we have already mentioned, wagering requirements must be met for you to cash out your Welcome/Sign up Bonus. Once you have met the wagering requirements, funds are then released to you and then cashed out. You should note that every casino has different wagering requirements. For example, some casinos require you to bet X number of times. Others require you to bet an X amount of money before cashing out.