Efficient Ways to Use a Sign-Up Bonus

Whenever you're starting a new gambling experience at a never-before-tried casino, it’s wise to start with sign-up bonuses. Why? Because they offer you a clear advantage on your first play session, and some of them even allow you to gamble free of charge. 

However, it can be daunting, especially if you’re a new gambler, to figure out which of these promotions would be more useful to you. This is why we decided to discuss each of them at length and provide you with clarity on the matter.

Types of Sign-Up Bonuses

Sign-up promotions can be placed into two major categories: deposit-free and deposit-based. For a better understanding of both these classifications, we will thoroughly explain them to you in the following sections.

No Deposit Incentives 

This sort of incentive entails that players receive the rare opportunity of testing a platform’s games without risking their funds at all, because the casino will be the one to ensure that you have a specific balance to do so. 

What do you need to do to claim a no deposit offer?

Easy, just sign up! That’s it. It’s really that simple. However, sometimes platforms will require a promo code in the registration procedure. 

It all sounds almost too good, right? Well, we’re not saying that there are strings attached necessarily, but, for example, if you claim a free $100 sign up bonus no deposit, chances are that the wagering requirements for such a promotion will be quite high. 

What does that mean exactly?

It means that if the wagering is 60x, after you’ve made use of your $100 bonus, you will need to make bets of $6000 if you want to turn the bonus balance into a real money balance. This would be the only way in which you’ll be able to request a withdrawal.

Free Spins No Deposit Deals

Another promotion that does not require you to place a deposit to claim it is the free spins no deposit offer. The only condition to obtain it is registration, and sometimes, maybe a bonus code is necessary, but other than that, nothing else.

After you’ve completed your sign-up process, the casino will gift you a number of spins to play on certain games. Make sure you are aware of which these games are, because most of the time the spins will be valid only on one slot or a few of them, but there are times that casinos give you free rein to play the spins on any slot on the platform.

To a slot lover, all of this seems like the perfect scenario, and it is one of the best ways you can start a first-time betting session. But that doesn’t mean you can be oblivious of the previously mentioned wagering requirements that must be met in order for you to cash out.

Welcome Bonuses

Welcome offers are the sort of incentive that, apart from registration, require a deposit to be claimed. You may place the minimum deposit required by the platform, or, if you’re feeling more adventurous, you can make a higher deposit. We do, however, recommend you start with smaller deposits, at least at first.

The perks of claiming this type of deal include receiving a match bonus and sometimes a combination of the latter and extra spins that you can play on specific games.

The match bonus boosts your play session by a percentage of your deposit, which you add to your bonus balance. For example, a standard sign-up deal might offer you 100% up to $100. And the extra spins you get can typically range anywhere from 100 to 1000.

When redeeming such a promotion, our experts strongly suggest that you are aware of the deposit and withdrawal limits. This way, you can make sure that you have a pleasant session and avoid unpleasant surprises as much as possible.

How to Choose?

What is RTP?

It means return to player, which is a percentage that shows you how much of an advantage the game you selected offers you. An average RTP percentage is 96%. For example, with the aforementioned percentage, for every $1, the game returns $0.96 over time.

If you choose a high RTP slot, you will have a higher likelihood of winning. However, apart from choosing a game thusly, there are no other external factors that influence the possibility of winning or the amount of your winnings. We are referring to the fact that all slots use an algorithm known as the continuously analyzed and fair RNG (random number generator).

Volatility 

Game volatility simply offers you a clue as to what your game session’s outcome might be. Furthermore, a game with high volatility will offer players rarer chances of winning, but on the other hand, when it happens, the wins will be more substantial. Low volatility, however, means more chances of winning, but smaller wins.

Which one you choose is up to you, of course, but our professionals would recommend you go with the safer option of a low volatility game.

Maximum Withdrawal Limits

Withdrawal limits tend to vary quite a bit, according to our expert research of the industry. Nevertheless, the majority of deposit-less incentives have a maximum payout limit of approximately $50.

On the other hand, deposit-based promotions can have an average cash-out of around $1000, sometimes even reaching sums of over $5000.

It is always important that you are aware of these limits, whether low or high, because it means you’re going into the game prepared. Therefore, you will not be surprised or disappointed if you know about them beforehand.

Conclusions

We’d like to conclude by reminding you that when starting out on a new gambling experience, it is highly recommended that you do so with the use of an incentive. And if this bonus is a deposit-less one, it’s even better, because there is less financial risk involved in playing with such offers.

Take into careful consideration all the information we have placed at your disposal in order to make informed decisions when gambling and redeeming promotions. And above all, we encourage you to always gamble responsibly.