Casinos out there are looking for customers to play on the platform as much as possible. One way they do this is by offering different bonuses to new and existing players. Most platforms usually have several bonuses at the same time. New customers usually get a welcome bonus.
The welcome bonuses come in various forms as found in https://www.top10-casinosites.net/welcome-bonuses. They include cash bonuses, free spins, a combination of both, free chips, free play and spinning rounds, among others. Before you start claiming the welcome bonus, keep in mind the five things listed below.
1. Eligibility Requirements
The welcome bonus will have a set of requirements that new players should meet before claiming it. If it is a no-deposit bonus, the casino may require the player to have registered and verified the account before accessing the offer. On the other hand, the deposit-based welcome bonus may require players to have attached a deposit method prior to claiming the bonus.
You will also be required to make an eligible deposit (for deposit-based promotions) before or right after opting into the bonus. You must deposit at least the minimum eligible amount. Sometimes the bonus comes with a code that you must enter when making a deposit or opting into the offer. Do all of these before you claim the bonus.
2. Check the Wagering Requirements
The wagering requirement is the number of times that you must wager the bonus and deposit before the amount can be transferred to your current balance. Wagering requirements may differ from one welcome bonus to another and some may not have one. Here is an example: if a bonus has a wagering requirement of 40x, it means that you have to play with it this many times before you can withdraw it.
Sometimes, the wagering requirements require players to start by using the deposit before the bonus, combine both, or use the promotional cash first. This may affect the wagering requirements, as you may have to play each of them the said number of times. If the welcome bonus is in the form of free spins, you will have to use the spins on eligible games before you can meet the wagering requirements using the resulting wins.
3. Game Eligibility and Percentage Contribution
The welcome bonus may not be available for all games on the platform. It will be limited to one or a few games. The information about the same will be available on the terms page. You have to play the bonus on the said game. Otherwise, the bonus balance will remain as it is and the deposit may not be available for other games on the platform.
Sometimes, the casino will ask you to open the eligible game where you will find the free spins or cash bonus loaded for you to play. In this case, you may try other games besides the eligible ones if you make another deposit. Some casinos may penalize you for trying other games when having a valid promotion.
Sometimes the eligible games just contribute a specific percentage to the wagering requirements. This means you will have to pay more to cover the requirements based on the percentage. Here is an example. If a game has a wagering requirement of 40 times and the game offers a 50% contribution, it means that you will have to play 80 times to meet the full requirement.
4. The Validity Period
The validity period is the length of time within which you must have met the wagering requirement. It is usually calculated from the time you received the bonus. It can be a few days, weeks, or a month. Sometimes the validity period may be different for the types of bonuses available. For example, you may be required to play the free spins within 24 hours of receiving them. However, you may have up to a week to wager the resulting bonus cash.
If you do not meet the wagering requirements within the said period, the casino removes the bonus cash and any other related wins from your account. Some casinos also deduct an equivalent amount from your available deposit. Do not claim a welcome bonus if you do not have the time to meet the wagering requirements within the validity period, as it will be a waste of time.
5. Withdrawal Conditions
You expect to withdraw some cash when you wager the bonus. However, the withdrawal process for the bonus cash may have a few conditions that you need to meet. Besides, since you are new to the casino, you will have to adhere to all withdrawal requirements before making the first request.
Most casinos will ask you to verify your name and location. They will ask for a government-issued ID card or driver’s license to verify your name. As for the location, they may ask for a copy of the utility bill or bank statement. The verification process takes about one to three days.
In addition, the casino may place a cap on the amount that you can withdraw from the promotion. If you earn more than the cap, you will lose the extra amount. Sometimes the casino offers a sticky bonus where the amount given as a bonus is deducted from the wins. Other times, you are given a free play bonus where you cannot withdraw the wins. In the latter, you do not get a wagering requirement and the bonus is only meant to give you a taste of the casino.
Check the bonus terms on your favorite casino before claiming the welcome offer. Read and understand all of them. If there are some you do not understand, ask for assistance from customer service. You may make enough cash to buy shoes if you are lucky.