Choosing the best offer available to you isn’t just a question of what type of bonus you get and how much you can get because what really determines the quality of the bonus you’re getting are the bonus terms. Making sure you pick the best welcome bonus is something we here at GoodLuckMate will gladly help you with. But, before we start looking at the offers you can claim, let’s have a look at how these bonuses really work.

Registration bonus

Not all casinos offer a registration bonus, but quite a few do. If you find a casino like this, the only thing you’ll have to do to claim your bonus is to sign up. This means you’ll have to fill in the registration form with your name, address, phone number, date of birth and email address. Once that’s done — and it takes less than a minute — you’ll be rewarded with a bonus. 

Most often, the registration bonus you’ll get is free spins. This is a bonus that allows you to play a slot machine without risking any of your own money. You’ll get a set number of spins, and whatever you win from these spins is your bonus. In some cases, your winnings are paid out as real money that you can withdraw, but there might also be a wagering requirement attached to the bonus, which means you’ll have to complete this before you can cash out your winnings. 

Instead of offering free spins to new players when they sign up, some game operators also offer free money. If you get money to play with instead of free spins, you can choose which games to play yourself, and you can also choose how much you want to bet. This way, you can decide to play it safe and bet the minimum amount per game round to increase your chances of a win, or you can choose to bet more on fewer game rounds to make sure you win more if you’re lucky enough to win. If you sign up with a new bookmaker, free bets are also a fairly common free sign-up bonus.

Deposit welcome package

We all love free bonuses because winning money without risking any of our own is, of course, always the best option. However, risking a bit of your own money will always increase the chances of winning since you’ll get more bonus money this way, which means you can play more, and in this way, increase your chances of winning.  

Whether the casino offers a free no deposit bonus or not, they’ll almost always offer a welcome bonus in the form of a deposit bonus. Some casinos offer a huge percentage as a bonus, while others offer a huge max bonus amount. Some casinos also offer both, allowing players to choose between different offers, or they can offer different bonuses for different deposits in a welcome package. Limiting the welcome bonus selection to only one bonus is actually not that common since many casinos offer bonuses on several of the first deposits a player makes. Getting something extra for each one of your first five deposits is not as uncommon as you might think.

In addition to getting extra money when you deposit, you might also get this kind of bonus along with free spins. Many casinos give several bonuses for just one deposit. For example you might find an offer combining a 200% bonus of up to €100 and 100 free spins, or something like that. These combination bonuses are hugely popular with players – and understandably so. With these bonuses you get to try one or two new slots for free, and if you like the game you try, you can continue to play it with your boosted account balance.

Choosing the best welcome bonus

The biggest casino welcome bonuses you’ll find are the deposit bonuses. These can offer you as much as 500% more to play with if you make a deposit. Nowadays, a 500% bonus of up to €50 is a very popular welcome bonus since it gives you €60 to play with when you deposit as little as €10. These deposit bonuses are primarily designed for low rollers, but there are also quite a few casinos that offer huge bonuses for high rollers. 

What type of player you are will determine the size and quality of the bonus you’ll get. For example, a 500% welcome bonus up to €50 is a big bonus for low rollers, but high rollers will almost always choose to go for a 100% bonus with a higher max amount. For high rollers who are more interested in having a lot of money to play with so they can place bigger bets, a 100% bonus up to €1000, or perhaps even more, will always be a better bonus than something that gives a maximum of €50 extra. As a general rule, the higher the percentage you get, the more the bonus will be geared towards low rollers, and the lower the percentage you get, the higher max bonus amount you can claim. This is why knowing what type of player you are is necessary when you’re looking for the best welcome bonus for you.

Why casinos offer welcome bonuses

Perhaps you’re wondering why a casino would offer so much extra to new players? The answer is simple: they want you to choose them over any of the other casinos on the market. Since many casinos offer more or less the same game selection, the bonuses they have are the one thing that can really set them apart from their competitors. So, yes, these are offers to lure you in as a player. And, there’s nothing wrong with that. The goal for the casino is to have you sign up and play, so if they want to offer an incentive for you to do so, you should definitely take advantage of it.

Get multiple welcome bonuses

The best part of welcome bonuses is that you can have as many as you want. Obviously, you can only claim one welcome bonus or package per casino, but with hundreds of casinos to choose from there’s nothing to stop you from signing up and taking advantage of welcome bonuses at several casinos. The only thing you should be aware of is that some casino companies only allow one welcome offer per player, which means you might be excluded from these offers if you’ve already claimed a bonus from one of the company's other casinos. However, this isn’t all that common, and even when this is a rule, it’s very rarely enforced. To be on the safe side, you should read the bonus terms to find out if this rule applies at the casino or not, or simply make sure you only sign up with one casino per iGaming company. 

How to determine if a bonus offer is good or not

As you can see, getting a bonus isn’t a problem since you can get one at almost any casino. But, if you want to make sure you're choosing the very best casino bonus, you’ll have to do some research. Finding a bonus that suits the kind of player you are, meaning a low roller or a high roller, isn’t the only thing you’ll need to consider. Once you’ve chosen a casino, or casinos, with bonuses that appeal to you, you’ll also have to decide whether the offers are in fact good or not. 

The quality of a bonus offer is determined by the rules that apply to it. There can be huge differences here, and what looks like a good bonus can in fact be quite horrible. This is, of course, the case for all casino bonuses, but quite a few casinos have rules and terms that are extra strict for welcome bonuses, while their bonus terms for loyal players are more lenient. 

Sky-high wagering requirement

Wagering requirements that are sky high are perhaps the first thing you should be aware of because this makes it very difficult to convert your bonus into real money. This means it will be hard to cash out any of your winnings. The standard wagering requirement for a bonus is between 30x and 35x. Anything above this is no good, while anything below this is very good. However, if the bonus percentage you’re getting on your first deposit is very high, you can expect that the required turnover to convert your bonus will be set higher. Bonuses like this can still be good ones, so you need to see the turnover requirements in combination with the offer to know whether what you’re getting is actually a good offer or not.

Limits on maximum win

One thing you can generally find in the small print attached to a bonus offer is a limit on how much you’re allowed to win with it. Luckily, not all casinos have limits like this, but unfortunately, some do. Often, you’ll see something like this for no deposit free spins offers, and the limit can be as low as €100. The limit can also be as high as €10,000, which would make it a good bonus, of course. However, the best scenario is when there are no such limits at all, which is the case at all of the best online casinos.

If you win more than the limit allows, any extra winnings will be deducted from your account before you can make a withdrawal. On the topic of withdrawals, there’s one more thing you should also be aware of. In addition to having a max withdrawal limit, there may also be a minimum withdrawal limit, and this has nothing to do with the general limits for withdrawals at the casino. For instance, a casino could say that you can withdraw winnings from your bonus as long as you withdraw between €40 and €100, which means that you can’t withdraw a win smaller than this, and anything you win that’s above the limit will have to be forfeited. Obviously, these are terrible terms for players, and again, the best casinos don’t have terms like this.

Navigate the world of casino welcome bonuses

No one enjoys reading terms and conditions. But although reading the fine print in the bonus terms can be tedious, it’s also necessary if you want to find the best offers available. Luckily, we here at GoodLuckMate have saved you quite a bit of time, since we’ve already done most of the job for you. In our casino reviews we not only tell you what you can claim, we also summarize the main aspects of the bonus terms. That way you can quickly read our recap of the terms, and if you think you like them, you can go to the casino and read the full terms to decide if you want to give the casino a try or not. If you see something in our reviews about the terms that you don’t like, you can simply move on to the next casino you want to know more about.

So have a look at our toplists of the best welcome bonuses available based on the country you live in. Choose the one you like best, read our review and the bonus terms, and then sign up and claim your bonus. It’s as simple as that!