What is a Welcome Bonus?
Usually seen in online casino and slots gaming, the welcome bonus refers to a reward given to a player when they sign up as a member. This welcome bonus might be a monetary balance or loyalty points, or it might be a chance for free play on one or more of the casino’s games. In a physical casino, the welcome bonus might be a free drink or light meal from the establishment’s bar, or a small amount of chips to use at the tables.
The Welcome Bonus Explained
Casinos like to offer welcome bonuses to attract new customers. Welcome bonuses might be available immediately on signing up with a casino, but more usually they are released when the player makes their first deposit or plays their first game. In a bricks and mortar casino, the welcome bonus will usually be a small reward like a drink. It could also be a free turn at the tables, or a discount on meals when you return for a second time. These rewards are usually the start of the comps tier system, with the player picking up further bonuses as they become a regular player.
Welcome bonuses are more common in online casinos, where competition to attract membership is high. In order to encourage players to sign up and deposit, many offer a welcome bonus of funds to play with. This might include matching the first deposit, offering 50% cashback on any initial losses, or rewarding the player with loyalty points, which can be exchanged for money or free spins. As well as providing a welcome bonus, many casinos offer a referral bonus for new players. As well as receiving their own welcome bonus, the player can generate a further bonus reward for the friend who referred them.
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