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How to Win More Online with Welcome Bonuses

17-06-2019

One of the best things about online casinos is the sheer range of what is on offer. Far from the early days of a couple of choices hampered by a slow dialup connection, today’s online casinos are vast, fast, and with a range of games which has to be seen to be believed.

The only problem, if you can call it that, it one born through an abundance of choice. What we want to look at today is how you can deal with that choice and, even better, how you can use it to increase your winnings with welcome bonuses.



Online-Poker - Chips und Karten auf dem (CC BY 2.0) by marcoverch

So what is a welcome bonus? The basic idea is that these are the special deals given to new players in order to draw them to a specific website or service. For a direct example, we`ll turn to one of the more popular and helpful examples.

As a casino welcome bonus information website, this Netent portal helps to collate many of the best possible options within one location. Having recently gone through a redesign to streamline the process even further, you can see here that this lists a number of different operators. Alongside these websites are their general ratings, minimum deposits, and a few defining features. The sections we are interested in for this article are the ones which focus on bonus features.

As you can see, these bonuses commonly come in the form of free spins and bonus cash on deposits. The free spins are self-explanatory, so it`s the deposit matches which we`ll focus on.



g6138 Slot machine graphics (CC BY 2.0) by FolsomNatural

These usually operate in different tiers, with consecutive deposits giving different quantities of bonus money up to a certain point. A website might offer a 100% match on the first deposit up to £100 for example. In this case, a deposit of £100 would net you a bonus of £100 for a total of £200 betting money. The next tier might give a 150% match up £200, and so forth.

The important thing to consider in this account is the concept of a wagering requirement. This is the total amount of money times the bonus cash which must be wagered in order to qualify for winnings created by these deposit bonuses.

Sound confusing? Let’s use an example.

If a player gets £10 bonus cash from their deposits, and the wagering requirements are 45x, then they would need to wager a total of £450 before they could withdraw their winnings.

The balancing act here and the key to earning more with welcome bonuses is to find the best combination of bonuses, wagering requirements, and the specific games which you like to play. Some websites might give free spins without wagering requirements, which have the potential for easy wins. Others might give enormous bonuses but have a high wagering requirement. This would take longer to cash out, but they also come with the potential for much larger wins.

Understanding this, you need to take a look at each part of this equation, and personalise your betting strategy to find your own path. Keep this in mind, and you’ll be well on your way to getting the most out of your online casino experience.




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