Signup bonuses are among the most common type of bonus to be offered by an online casino. They target new players and are a way for the casinos to try to increase their player base. These bonuses will be prominently displayed on the casinos site, but you will need to delve deeper to find the terms and conditions related to it.
Best Casino Sign Up Bonuses
What are Signup Bonuses?
Signup bonuses are bonuses that are awarded to new players at an online casino when they make their first deposit into their new account. They are typically percentage bonuses of the deposit amount and are no longer available if the player has already made a deposit at that casino.
How Do They Work?
To claim your signup bonus you will need to register at the casino and open a real money account. You will then need to visit the cashier section of the casino and make a deposit using one of the banking options available. It is at this point that you must claim any free sign up bonuses. Make sure to read the fine print of the bonus before you claim it as you may find the wagering requirements will not suit your bankroll or your playing style.
What are Wagering Requirements?
The wagering requirements will indicate which games you can play to count towards the conditions and be aware that not all games will be available and not all games will count 100% to fulfilling your requirements. There may be different signup bonuses available for play on different games so look around before you claim. In addition, they will indicate how many times the bonus or the bonus + deposit you will need to bet in order to be able to cash out your winnings.
A typical signup bonus may require you to bet 20 x your deposit + bonus. If you claimed a 100% bonus up to $100, this would mean you would need to bet $100 + $100 = $200 x 20 = $4,000. Also keep in mind that some bonuses are sticky in that you can never withdraw the actual bonus money, while other are cashable in which case they can be withdrawn with your winnings once you have fulfilled the wagering requirements.
How Do I Claim One?
When you make your first deposit into your new casino account you can claim the sign up bonuses from the casino. These bonuses may be awarded automatically or you may be required to enter a bonus code at the time that you make the deposit. Some casinos require you to fill in a web form requesting the bonus and others make it necessary for you to contact their customer support team.