Why online casino welcome bonuses are worth it?

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Why online casino welcome bonuses are worth it?
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If you are new to the gambling world, you are probably looking for the perfect online casino. You have probably noticed that the different suppliers in the industry are always in a fight for the customers. This competition is represented by bonuses. When you open the websites of the online casinos, there are flags, banners, and pop-up windows everywhere announcing that if you register on their platform you will get a welcome bonus for your first spins on their slots, games, or for their new games. 

If you are wondering whether these welcome bonuses are worth it the answer is YES. Just go for it, play the “machines”, bet on your luck, win rewards and jackpots and receive even more bonuses.

What exactly are welcome bonuses?

These are usually packages of benefits or bonuses, that casinos offer to their new clients. Usually, there is a regular procedure of a simple registration. You have to include your names, an email, payment method and data, location, and any other personal data. Here is the point where people are wondering “Where is my bonus? I registered and the banner said that there is no download required. So what did I do wrong?” This is the moment when they feel like all of this was just a scam and they just tap the exit button. This now is a proper example of how to lose a welcome bonus.

Most people do not realize that casinos are businesses. If somebody creates and maintains a business, they do it with a purpose. Usually, the purpose of a casino is to earn a lot of money. Casinos earn a lot of money by having a lot of people gambling. People gamble with funding their deposits. If you do not fund a deposit, you shall not be stimulated for just spending a few seconds on a registration process. After all, this is not a charity, but a business.

Now, most people will get scared that they have to invest a lot of money into getting some free spins for example. No, this is surely not the case with most online casinos and their welcome bonuses. Usually, it is quite enough to invest the bare minimum of a deposit insisted to get in the game. And the best news is that in most online Canadian casinos, especially those based in Toronto and Ontario, these deposits are so small that they are funny, or they do not even exist. Who would guess that Canada can be so free, right?

Why are welcome package bonuses worth it? 

This might seem to be a question of logic, but it truly is a stupid one when it comes to welcome bonuses. Even if you have to deposit a little money to get your welcome bonus, you still get a lot more for free. Whether it is free spins, a free trial of the VIP packs, or doubling your deposit, it is still saving you a lot of money. 

If you want to put it in another way of seeing the worth of welcome bonuses, here it is: first you are spending your own deposit. Then, you start spending your welcome bonuses. Practically you may not be saving, but you are spending money that is not yours. What can feel better than this especially in the comfort of your home eating pizza on the sofa?

How to choose the best welcome bonus?

Getting the welcome bonus is easy. Spending it while having fun is even easier. However, the more important question is: Of all the online casinos that can offer me a welcome bonus what are the criteria for choosing the one? 

The answer is strictly personal, and it really depends on your personal goals. First of all, you have to decide what is the reason why you are making the decision to join an online casino. If your desire is to have a fun night spending a little money, but you do not plan on gambling on a daily basis with the purpose of actually earning a lot, then the answer is easy. You can choose the online casino with the biggest welcome bonus. Then, you get the welcome bonus, spend it with joy and you never get back to that night of leisure.

On the other hand, if your answer is the opposite and you want to use your profile in the online casino not just to entertain yourself but to earn money, then there are some other factors you have to consider. One of them is the payout. Just like in any other business, services are paid. When you earn a lot of money and you want to withdraw them for your own personal usage. 

When you try to transfer your money to your bank account there is something called “payout”. The bigger the payout percentage, the more net amount of money that you will receive in your bank account. It sounds very complex but here is a simple example: if your payout percentage is 99% then your tax for the transaction is only 1% and you lose only 1% of your earnings. 

If your main goal is to earn money long-term, then this is the criteria you choose your casino by. “How is this related to the welcome bonus topic?” You would ask. If this is your goal, then you have to find the online casino with the perfect ratio of a welcome bonus package to the payout percentage. Sometimes a sacrifice today is worth tomorrow, or in this case, tomorrow and every other day after that.