So, you’ve just signed up with an online casino, and they’ve handed you a shiny welcome deposit bonus. It feels great, right? But now what? How do you turn that bonus into real cash? Let’s see.
What Is a Welcome Deposit Bonus?
The welcome deposit bonus is, in fact, a freebie (or freebies) an online casino gives to every new player. As a rule, it is a deposit match bonus and some free spins. Sometimes, casino sites are more creative. In Yeti casino, for instance, the welcome package consists of
- A deposit match of up to A$1720
- 600 free spins
- A secret bonus.
So the last component is there to intrigue you. All in all, it’s an example of a good welcome offer because of a huge portion of free spins (usually, a casino would give 200-300 of those) and the secret prize, of course.
Tips and Tricks for Your Welcome Deposit Bonus
1. Familiarize Yourself with T&Cs
First, read T&Cs. Mind the wagering requirements (that’s the main point of all) plus
- Which games are eligible
- How much time you have to wager a bonus (a month would be optimal)
- Which funds you must wager (only the bonus funds or the bonus funds plus your deposit).
2. Check the Deposit Requirements
Usually, there is a minimum limit for how much you need to deposit to receive your welcome bonus. Sometimes (much more rarely though), welcome offers are tied to a deposit method (e.g., crypto). In other words, you need to deposit enough and do it the right way.
3. Check if You Need To Activate The Bonus
In most cases, bonuses are activated automatically when you deposit something into your account. On some sites, though, you may need to enter a special promo code to activate the offer. It’s best to ask the support team if you are unsure.
4. Focus on Games with High Contribution Rates
When you get the bonus funds (or spins), you need to play the games that will help you satisfy the wagering requirements as soon as possible. Not all games are fit for that: slot games normally have 100% contribution, while table games may contribute much less, such as only 10%.
5. Use the Free Demo Mode
Before you spend real money (or even bonus money) on a game, you can always test it for free with the demo mode. Practically all casinos have the latter. You won’t win anything in this mode but you will, at least, see if you like a particular game or not.
6. Withdraw Wisely
Once you have completed the wagering requirements for a withdrawal of your wins, there might be a certain withdrawal limit on your bonus. That is, you may have won $1,000 but the maximum limit is $500 only. Of course, it’s best to find this out in advance.
7. Use Strategy Guides and Resources
A welcome bonus is, among all else, an excellent opportunity for you to practice and study. Many online casinos and gambling websites have guides and resources for how to play games. Be it slots, blackjack, or roulette, knowing the strategies involved in each can be helpful (especially, if the game is not purely chance-based). For instance, basic blackjack strategy — when to hit, when to stay, or double down — can be incredibly helpful.
8. Test Different Betting Strategies
Try different betting strategies when using your welcome bonus. For example, you might try progressive betting. That is, after you win, you increase your bet. Or, try flat betting, where you place bets of the same size each time. Testing these strategies will be a good way to know which style can work for you.
Conclusion
With these tips, rest assured to get the most from the welcome deposit bonus. Be wise in selecting your games, pay proper attention to terms, and enjoy your online gaming experience!