Online Casinos are popular for their generous incentives in the form of bonus and promotions. Most of them offer a welcome bonus for players newly registered to the site. An example is the vegasino welcome bonus that offers an instant boost to every new player’s gameplay.
Regular players can equally enjoy an amazing time on the site via regular bonuses like daily and weekly reloads, cashback and the likes. Which one is better you might ask. That’s what we are about to find out in this article. Let’s take a look at both options and what you stand to gain.
What Is a Welcome Bonus?
A welcome bonus is an incentive given by an online casino to newly registered players on the site. It’s often a one time promotion that can be in the form of cash bonus and free spins bonus. It’s also often tied to your first deposit or first few deposits. An example is having a 100% deposit bonus of up to $500 + 100 free spins. They also come with things like minimum deposit to make to get the offer, wagering requirement, maximum bet limit and the wagering timeframe.
Welcome bonuses can either be easy to play through or a bit challenging, depending on the casino. The games you play also influence how quickly you can play through a casino welcome bonus. Your best play is to read the terms and conditions attached to each welcome bonus promotion to enjoy it fully.
What Is a Reload Bonus?
Reload bonuses are also incentives given by online casinos to players. However this time, players who have finished their welcome bonuses and remain active on the site can enjoy this offer. It is often a regular promotion that they can apply to daily, weekly or monthly. It is also often tied to making a deposit on the site.
Like the welcome offer, you have to place a minimum deposit to enjoy. It also comes with the same terms and conditions you must follow including making a minimum deposit to make to get the offer, wagering requirement, maximum bet limit and the wagering timeframe.
Main Differences Between Welcome and Reload Bonuses
Now that we have identified the functions of the two, let’s take a look at their differences:
Eligibility
A welcome bonus is eligible to only new players. Regular players have no access to this offer. Once you claim it, you can’t enjoy it anymore and that’s the end.
Reload bonuses on the other hand are offers that can be enjoyed as many times as possible. It’s for players who have gone past being a new player on the site. Welcome bonus is for new sign-ups and reloads is for returning players.
Frequency (One-time vs. Recurring)
You can only enjoy a welcome bonus once. Whether it’s on your first deposit or first four deposits, you can only enjoy it once. However, reload are reoccurring bonuses. You can enjoy it multiple times. This is either on a daily deposit basis, weekly basis or even monthly basis.
Overall, you get to enjoy a large amount of reloads as it accumulates over weeks and months of using them when compared to welcome offers which occur only once.
Other key differences include bonus sizes, with the welcome bonus often bigger. That’s because it’s a one time offer only. Reloads on the other hand are often smaller in size but can accumulate to be even bigger numbers over a long period of time.
Their wagering requirements are often similar with only a few changes. Time sensitivity is also often similar and between 7 days and one month.
Pros and Cons Breakdown
Welcome and reload bonuses come with their pros and cons that cab work to your advantage. Here are a few:
Welcome Bonus Pros
- Huge initial bankroll boost.
- Attracts new users with value.
Cons
- One-time use.
- Higher playthrough requirements.
Reload Bonus Pros
- Encourages loyalty & ongoing play.
- More lenient terms.
Cons
- Not as flashy or widely promoted.
Which Offers More Value for You?
Which one has more value depends on which type of player you are.
- The welcome offer will give you an initial boost while the reload will often continue to offer some form of boost to your gameplay.
- Regular and high roller players however have more to gain from the long term availability of reload bonuses.
- Welcome offers can be challenging to play through. However, you can quickly move past that to enjoy reload bonus’ much easier wagering requirements.
In the end, both offer great values you can leverage when visiting an online casino.
CLICK HERE TO DONATE IN SUPPORT OF OUR NONPROFIT COVERAGE OF ARTS AND CULTURE