The Welcome Bonus Blueprint: Strategies for Making the Most of Your Initial Casino Deposit
$5,000 Welcome Bonus
Many casinos award free money as part of their promotional offers for new and existing players. Although the specific promotion differs between sites, the welcome bonus is a constant. In this scenario, the operator often multiplies the player’s initial casino deposit by a percentage up to a certain amount. For example, 100% up to $100. But despite the freebie, not every player ends up taking advantage of the offer. More often than not, players forfeit it. So much so that unlucky individuals call casino bonuses a scam. Well, it is not, and we can show you how to make the most of casino bonus tips in our article.
What is the welcome bonus?
The welcome bonus is an extra boost that is granted to a player after successfully opening a betting account. As a result, it comes in different forms. That said, discover the best casino bonuses on first deposit in the UK to increase your chances of winning. The most popular ones include Casumo, 14Red, Zodiac and more. Lots of casinos offer two prominent welcome bonuses. They are:
- No Deposit Bonus: Players earn cash or free spins after registration without depositing an initial deposit.
- Deposit Bonus: The casino awards a percentage of the player’s initial deposit. In other words, it is not accessible without funding the betting account.
Tips for maximising the initial casino deposit
Maximising the first deposit involves careful planning and deliberate actions. Here is our blueprint of strategies to help you get results:
Research extensively
Online casinos are not created equal. According to this review of the best UK online casinos by Wagering Advisors, operators use bonuses as part of their marketing and differentiation strategy. Hence, the offers are not the same. For example, Fruity King offers a 200% Bonus up to £50+10 FS no wager. In contrast, Mad Slots only awards 100 Free spins with no deposit. The best practice is to choose websites with the highest bonus offer subject to other requirements we will discuss below.
Read the terms and conditions
During the account creation phase, the rewards casino online will request you agree to the terms and conditions. One mistake many people make is to tick the box without going through the text. Read the terms and conditions and pay special attention to the following:
- Wagering requirement
- Minimum deposit requirement
- Time restriction
- Game contribution
Wagering requirement
The wagering requirement refers to the number of times you must play through a casino rewards-free bonus before you can withdraw winnings. Many casinos denote it with ‘X.” For example, 5X, 45X, and more. Plus, the requirement is the same whether you are gambling on mobile gadgets or a PC. Look for casinos with low wagering requirements. In this case, you wager less to withdraw the funds.
Minimum deposit requirement
For a deposit bonus, players receive the offer only after depositing a minimum amount, say £1. Of course, the amount varies between casinos. Pay attention to the requirement to claim the bonus.
Time restrictions
Welcome bonuses are time-bound. In other words, they expire after a few days. Players who don’t fulfil the requirement forfeit their winnings. The time often begins from the day you register or activate the bonus. Hence, pay attention to the specified timeframe.
Game contribution
Casino rewards games contribute differently towards meeting the wagering requirement. Typically, slots from reputable game makers contribute 100%, while table games contribute less or nothing. Therefore, read the terms to determine which games to play. When you gamble, pick games with higher RTP, as they provide a better chance of winning and meeting the wagering requirement.
Use bonus codes
Some sites require players to enter a bonus code to activate the welcome bonus. Here, you can either enter the code during the registration or the first deposit. Failure to do it correctly means no casino rewards bonus since it is a one-time offer.
Manage money
Consider depositing the maximum bonus amount to get the best value. However, you don’t need to stretch yourself thin if you cannot afford it. The important thing is to manage your bankroll. Online casinos affect the economy in various ways. One such is revenue generation. But more than making money, learn how to keep it. Create a betting strategy to avoid blowing through your funds quickly. After meeting the wagering requirement, cash out a portion of the winnings and leave some funds to bet with.
Conclusion
The welcome bonus provides an opportunity to win more money without risking more than you can afford. However, players still need to put in the work. Read the casino’s terms to understand the requirements bordering the offer. Besides the welcome bonus, some casinos offer other promotions. For example, VIP club, cashback, and reload bonuses. Keep an eye out and take advantage of them. Most importantly, gamble responsibly. Don’t deposit more than you can afford to lose, and avoid chasing losses.
Players must be 18+ to partake in any gaming, online casino or betting activity. Players play at their own risk and are strongly encouraged to seek help if they require it.
