Special Feature: Guide to Casino Welcome PackagesPublished January 4, 2015 by Mike P
All casino welcome offers are not created equal. Discover the factors you need to consider before signing up for an online casino.
A welcome offer is the most common type of offer in the online gambling market, appearing across casino sites, sportsbooks, poker sites, and bingo sites. The purpose of these special packages is to act as a form of digital marketing with which to attract players to sites. As in any marketplace, the types of offers can vary greatly in how they are designed for customers. In this special feature, we will cover the merits of welcome offers and what you need to look out for.
Grand Casino Welcome
These special packages are used to lure players to online casinos. Across a vast range of consumer products and services, many companies seek to generate interest in their offering by encouraging potential customers to try them out. Essentially, this allows for companies to draw in customers before convincing them with the quality of their product or service.
Well, exactly the same can be said of online casinos and gambling sites. For instance, a player might be hesitant to try a new site because they have never tried the software provider before. Therefore, the welcome offer is the solution to letting them try out a potential site with less risk by providing them with free gaming funds. For any site, an introductory offer can provide a worthwhile trial period.
Wagering requirements are one of the most glossed over factors among gambling sites. Many operators do not list them alongside the welcome offers because they do not want players to be put off. And honestly, who could blame them when wagering requirements can be as high as 100x. That basically means that players have to wager bonus funds 100 times before being able to withdraw them.
The lesson to take from this is to click on the terms and conditions before claiming your next welcome package. You can press CTRL and F on your browser to perform a quick search for “requirement” or play through”. This will typically lead you to the wagering requirements attached to the bonus funds. Look for operators who are willing to offer lower wagering requirements, as this can affect your ability to take out winnings.
Unfortunately, there are some online gambling operators that simply won’t allow players to withdraw their bonus funds, no matter how many times they can play them through. Again, you can find information on this topic by searching the terms and conditions of the bonus funds you are considering.
In the case of a no deposit offer worth just $5, this is not so much of a big deal. The site will have handed those funds out free of charge and want players to try out the games. However, this becomes a much greater issue for deposit offers.
When deposits are required for a welcome package, some players will invest large sums to acquire bonus funds. When not allowed cash out or being forced to meet large wagering requirements, it can then be tough to withdraw winnings won with the bonus funds. This can be hugely frustrating, so avoid these pitfalls by checking the terms and conditions.