What Is a Welcome Bonus?
A welcome bonus is a promotion available to qualifying new customers or players. Depending on the product, it can take the form of a deposit match, free spins, bonus bets, promotional credits, free virtual currency, reward points or a package combining several benefits.
A bonus is not automatically the same as cash. Promotional balances can have restrictions on how they are used, when they expire and what must happen before associated value can be withdrawn or redeemed.
That distinction is especially important in gaming. A conventional sportsbook or casino bonus, a social-casino Gold Coin offer and a sweepstakes promotion can use very different rules even when all three are marketed as a “welcome bonus.”