These two types of bonuses also differ in their value. The no-deposit bonus is usually smaller, reaching a maximum of a few tens of pounds. On the other hand, there are usually no conditions attached to it, so you can practically immediately transfer the money you earn to your bank account (and therefore also your wallet).
The welcome bonus has a several times higher value, but some terms are attached to it, such as the number of spins or a time limit. At the same time, the money from the casino welcome bonus is released gradually as you can fulfil these conditions.
Why do casinos and bookmakers offer a welcome bonus?
Online casinos compete in the height of the bonuses offered. As a welcome bonus, you can get several tens of thousands of pounds. Isn’t that suspicious? This question runs through the minds of many players, so let’s explain the issue.
Although no-deposit bonuses have a huge added value for players, casinos make this offer for their benefit. It is a great promotion. A welcome bonus is often powerful enough to make players sign up and eventually deposit their money. At the same time, most players play recklessly, so they lose the welcome bonus during the game (and not only that).
There is no need to look for any fraud behind the welcome bonus. Casinos don’t offer us welcome bonuses just for our beautiful eyes, but because they make money from them. And often considerable sums.
What welcome bonuses exist?
A welcome bonus can take several different forms. The two most common bonuses are:
By far the most common welcome bonus around the world is bonus money. Free spins are more of an addition to the welcome bonus, so casinos give it to you as an addition to the basic offer of bonus money. Free spins as a separate welcome bonus occur rather rarely, but if they do appear in the offer of an online casino, you can look forward to hundreds of free spins.
How are the signup bonus features labelled?
Welcome bonuses are usually indicated by two parameters. First of all, it is an indication of how much the casino will add to your first deposit (mostly in percentages), and then the total maximum amount of the bonus. So your welcome bonus is usually marked as, for example, “100% up to £1000“.
💰 Bonus value
In the UK, licensed online casinos usually give you 100% on your first deposit, which means that you will double the deposited money. If you deposit £1000 in such a casino, you will receive another £1000 on top in the form of bonus money. Sometimes, however, casinos give a bonus worth only 50%, or vice versa, worth 200% – 300%. In these cases, you would receive only half the amount you deposited into the game account for the first deposit, or twice or even three times as much.
