Online gambling is being more popular year after year. As proof, there are a plethora of online casinos available. For the uninitiated, it is easy to end up being overwhelmed. Choosing where to place your bets can be an exhausting task. To help you narrow down the possibilities on where to play, a good consideration would be the new casino bonuses that are being offered. Look for a new casino that is offering some sort of bonus to its players, which is a great way to get started. If you are looking for new casinos bonus, read on and learn from the insights we’ll be sharing in the rest of this short post.
New Casinos Bonus Offers 2019 – 100% and 200%
A new casino bonus is extremely popular these days. Basically, this is a way for a company to introduce its gaming platform to the public. Much like in any business, you need marketing, right? In the case of a newly-established online casino, one of the marketing tactics is to offer bonuses to their players. Often, this is an effective way to captivate the attention of the public to encourage players to sign up. Basically, it is a part of the casino’s advertising campaign. They are willing to shell out money in the form of bonuses to the players knowing that they will earn it back in the future.
Offering a bonus is one of the best and easiest ways to make a mark in a competitive market. It presents an excellent opportunity to match, or even overtake, the competition. When the bonus is too hard to resist, it will be easy to make online gamblers switch to a new casino. So, how exactly can players find new online casino bonuses? It is pretty much easy. All that you need is to use your preferred search engine, and for sure, you will be confronted with a long list of results.
Best New Casinos Bonuses
No idea where to enjoy new casino bonus 2019? Allow us to make your life easier. Below are some of the top casinos worth checking out and the bonuses they are currently offering.
Novibet: This new casino offers a Welcome Bonus where your initial deposit will be matched at 100% with a limit of £250. To claim the bonus, however, there is a wagering requirement of 35x. Every day of the week, the casino offers an on-going promotion, which is a great way to keep their players hooked and excited.
Kerching: From the website’s banner, you can see an enticing ad that says Up To £500 Welcome Offer and 150 Free Spins. Admittedly, if I am a new player, my attention will be immediately drawn. Your first three deposits will be eligible for the bonus. However, take note that each deposit has a minimum of £10 while the maximum is £500. There is a 30x wagering requirement. SpinRider: This new casino has slots, live dealer, and table games. As a promotional offer, new members will get up to 200% Welcome Bonus on their first deposit, which is capped at £200. You will also get 50 free spins upon successful registration. Before you can withdraw the bonus, you need to wager 35x.
BitStarz: It has one of the most tempting offers that you can find online. You get to enjoy 20 free spins after registration without requiring a minimum deposit. To welcome new players, the first deposit will be matched by 100% with a maximum of €100 or 1 BTC. You can get bonuses up to fourth deposit. You will also get a bonus every time you reload.
Wishmaker: To welcome new players on their gaming platform, this casino is offering a welcome bonus of up to €200 and 50 free spins. Take note that Skill and Neteller are excluded from the promo. You also need to satisfy the wagering requirement of 30x within 30 days to be able to withdraw the bonus.
ComeOn: As a Welcome Bonus, new players will receive a 100% bonus at a maximum of €25, which is quite small compared to the bonuses that are offered by the casinos that have been mentioned above.
What Types of New Online Casino Bonuses Do Exist?
There are different types of new casino bonuses. The most popular is perhaps the Welcome Package wherein the initial deposit will often be matched, and a wagering requirement exists before you can withdraw the winnings. For instance, if you deposit £100, it can be matched by 100% by the casino, but to take cash out, there might be a wagering requirement of 35x, which refers to the number of times you will need to bet.
The bonuses can also be done in the form of free spins, which can come with deposit or with no deposit. There is also a reload bonus, wherein the amount that you will reload will be matched. Loyalty bonus rewards can also be given for playing the same game several times.
Calculating Cost of a New Casino Bonus
Now, to be able to know if you are actually benefiting from the bonus offer of a new casino, you have to calculate the cost that are involved. As they say, there is no such thing as free lunch, right? It is seldom that the casino will give you money without taking anything in return. Often, you need to place your bets first before you can withdraw bonuses or winnings from free spins.
Below are the easy steps on how you can calculate the cost of a new online casino bonus:
Determine the deposit amount. This is the amount that you will make as an initial deposit. Often, there is a minimum set by the casino. For this example, let us say that you are depositing £50.
Determine the percentage deposit bonus. This is the percentage that will be matched by the online casino. Often, it is 100%.
Determine the wagering requirements, which is the amount that you should bet to be able to withdraw your winnings. For this computation, let’s assume that the wagering requirement is 20x.
Determine the Game Contribution Percentage. If you are playing a slot game, this is often at 100%.
To identify the amount that you need to bet to withdraw the winnings, simply follow this formula: (Deposit + Bonus Amount) x Wagering Requirement x (100 / Game Contribution %). From this, it can be determined that you will need to bet a total of $2,000. This can be quite a lot of money. But, as they say, the higher the risk, the higher the return.
Can You Cash Out Bonuses?
Definitely! You can cash out the new online casino bonus, although, this will depend on the terms and conditions of the company. Often, there is a minimum wagering requirement that you need to bet. For instance, if the wagering requirement is 20x, this means that you must bet 20 times the bonus that you have to be able to cash it out. Some casinos are strict, and they provide a specific duration, such as 30 days, for you to meet the wagering requirements to enjoy the bonus.
In sum, a new casino bonus is one of the best ways for new casinos to attract new players. It is a promotional strategy that will work in many instances, especially when the wagering requirement is low or when there is no requirement at all. So, what are you waiting for? Now is the time to look for new online casino bonuses and try your fortune!