What is a Welcome Package?
A welcome package is a collection of rewards and bonuses given to first time players and depositors at gambling establishments or online casinos. Casinos use welcome packages to entice new players to sign up and encourage them to make larger first time deposits. Many online casino websites offer new customers welcome packages which contain cash bonuses and extra plays. These bonuses will usually be received by the player in the form of a percentage of their initial deposit. Most casinos will enforce minimum and maximum first time deposits, and some impose a “no withdrawal” or “play only” rule on welcome cash bonuses.
Welcome Package Explained
Welcome packages differ between different casinos and online gaming websites. With the number of online casinos increasing, each website competes for new players and uses welcome packages to gain an advantage over their competitors. Some casinos will also offer long-term playing bonuses as part of an initial welcome package.
Welcome packages will usually include a first deposit welcome bonus and some may also offer a second deposit welcome bonus. These welcome packages might be solely for one kind of game or they may include different amounts of time or play on different games. In the case of high rollers – who make unusually large initial deposits – there may also be an added welcome bonus.
Online casinos and land-based gaming establishments use welcome packages and bonuses as a form of marketing to attract new players and keep them returning to play. Although the casino may occur an initial cost through offering bonuses, they are protected by preventing the player from withdrawing money before they have deposited a certain amount as a minimum payment – ensuring that no player can receive a welcome package and immediately walk away with the casinos money. This allows the casino to retain their house advantage over the player.
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