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To a new player, the online casino world can be a little daunting. Do a quick google search on the best welcome bonus casino site and you’ll find hundreds and hundreds of results. Click on any one of these sites and you’ll be dazzled with what you’ll see. Loud noises emanating in the form of flashing lights and huge sums of money thrown/advertised to you through banners. And they all seem to be offering you good deals – all of them. These are just a few simple features in an otherwise large and intricate digital environment that will confuse you.
Majority of online casinos, however, try to give their new members a basic understanding of how they run their services. After all, it’s in their best interest to bring you up to speed with what they have to offer. But not all online casinos are forthcoming with their dealings. Some will lure you with the welcome bonus casino offers, lock you in with the money but make it difficult for you to withdraw this money.
On this page, we bring you up to speed with all you need to know about the welcome bonus offer. What is it? Why do welcome bonus casino sites give you the free cash? How do you convert it to real money? Can you withdraw the offer? All these answers are included here.
It is what it sounds like – a bonus to welcome you to the online casino. It comes in different formats and forms but serves one purpose – to give you extra money or more play time at the online casino. When you sign up at a welcome bonus casino site, you are bound to come across any one of the following three welcome offers:
Competition in the online casino industry is rife. There are thousands of Welcome Bonus Online Casino sites in New Zealand competing for a share of your business. In order to attract as many players as possible, these online casinos dish out Casino Online Welcome Bonus. Due to the varied nature of the Casino Online Welcome Bonus, it is advisable that you shop around for the best deal.
This is a question that you may be asking yourself – how comes Welcome Bonus Casino Online dishes out free money for nothing? The truth of the matter is, they don’t give away free money.
Welcome bonuses and other promotions are basically a marketing cost factored in the site’s overheads and earnings. Welcome Bonus Casino Online sites expect the majority of the NZ gamblers will spend over and above their initial offering. This means that everything after is just pure profit. There’s also the fact that some New Zealand players will get lucky and walk away with more than the welcome bonus, but most will not.
Once you’ve redeemed your welcome bonus, it is automatically deposited into your “bonus account”. You will be able to see the balance but not access it until you meet what it referred to as the “wagering requirements”.
Wagering requirements, also known as rollover requirements or playthrough requirements, refer to the actual amount you have to spend in real money before withdrawing your bonus. Welcome Bonus Casino Online has the WR in place to cushion themselves from fishy players, who would otherwise want to claim the bonus and don’t spend any money at the site.
Because different casino games have different odds, Welcome Bonus Casino Online has devised a clever way through which each one should contribute towards the wagering requirements. Here’s a simple table showing how each game contributes towards the wagering requirements.
Contribution to Wagering Requirements
|Roulette, Single and Double Deck Blackjack
|Baccarat, Blackjack, and Video Poker
|Caribbean Poker, Let ‘Em Ride, TriCard Poker, Pai Gow
|All Slots, Specialty Games, Scratch Cards and Keno
Evidently, games such as craps, roulette, and double deck blackjack don’t contribute much, if anything, towards the wagering requirements. For this reason, if you are looking to quickly claim your bonus, you are better off playing slots. The other online casino games will be waiting patiently for you to use your bonus to play them.
Are all Welcome Bonus Casino Online sites created equally? Not quite. And if you are considering picking one based on the welcome bonus offer, this is what you need to consider.
The Casino Online Welcome Bonus is a great way for NZ gamblers to have edge while playing games online. However, you should be in the knowhow that every time you try an online casino site, you read through the terms and conditions. Be sure to check the wagering requirements, the expiry dates, game qualifications among other things. If you think or feel that the online casino is being unfair with its bonuses, don’t sign up with it.