Welcome bonus at online casinos
A welcome bonus is the first offer an online casino shows a new player. Usually it's a percentage of the first deposit amount or a package of free spins, sometimes both. The key feature is the wagering requirement: money or winnings from the bonus cannot be withdrawn immediately—you need to place bets worth a certain amount.
For players from Latvia, it's important to understand: casinos from the ratings operate without a Latvian VID licence, and bonus terms there are not regulated by local law. Read the terms before depositing—you usually cannot opt out of part of the conditions after activation.
What is a welcome bonus
A welcome bonus is given once—upon registration or after the first deposit. The casino adds an extra amount to your deposit or awards free spins on specified slots. The operator's goal is to give a new player more funds to explore the platform; the player's goal is to try more games or increase their chances of winning.
A bonus always comes with wagering requirements. This means you cannot withdraw the bonus money or winnings from it straight away—first you need to place bets totalling a multiple of the bonus amount. Until the conditions are met, the funds remain locked in a bonus account.
Main types of welcome offers
- Deposit match—the casino adds a certain percentage to your deposit. The percentage and maximum bonus amount are stated in the promotion terms.
- Free spins—a fixed number of spins on selected slots. Winnings from them are also subject to wagering.
- Combined package—deposit bonus plus free spins. Wagering conditions may differ for each part.
- No deposit bonus—a rare variant where the casino credits funds or spins for registering, without requiring you to deposit. Wagering requirements here are usually stricter.
Terms vary from casino to casino. There's no universal scheme—each operator sets the rules independently.
How wagering works
Wagering (wager) is a multiplier that shows how many times the bonus amount you need to stake in order to unlock the funds. If the bonus is a certain sum and the multiplier is stated in the terms, the total stake required to meet the conditions is calculated by multiplying one by the other.
Example: you made a deposit and received a bonus. The terms state a multiplier. You need to place bets totalling the bonus multiplied by that figure. Only real-money stakes in permitted games count towards wagering progress.
What counts towards wagering
- Not all games contribute equally. Slots usually give full contribution towards wagering; table games give partial or zero contribution. The list of allowed games is published in the bonus terms.
- Maximum stake during wagering is often capped. If you exceed the limit, the bonus may be voided.
- Wagering period—the time within which you must fulfil the conditions. If you don't make it, the bonus and winnings from it expire.
- Maximum withdrawal from the bonus may be capped, even if you won more. The excess will be deducted when you request a payout.
All these rules are detailed in the promotion terms section on the casino site. Read them before activation—cancelling a bonus after receipt is not always possible, and in that case you won't be able to withdraw even your deposit until wagering is complete.
Pitfalls of welcome bonuses
The first problem is hidden restrictions. A casino may display an attractive bonus percentage in large letters, whilst burying wagering conditions, the list of prohibited games and withdrawal limits in small print at the bottom of the page. Check the full promotion terms—they should be accessible via a link in the bonus description.
Second—automatic activation. Some casinos credit the bonus immediately after deposit, with no option to decline. If you planned to deposit money to play with real funds and make a quick withdrawal, being tied to wagering becomes an unpleasant surprise. Look in your account settings or cashier for an option to disable bonuses before depositing.
Third—inflated wagering multiplier. The higher the wager, the harder it is to meet the conditions, and the more likely you are to lose both the bonus and your deposit in the process. If the multiplier looks unrealistic for your playing style, it's better to decline the offer.
Fourth—currency restrictions. A casino may accept deposits in euros but credit the bonus in a different currency, creating confusion with exchange rates and wagering amounts. Clarify which currency the bonus will be credited in if your account is not in euros.
Risks for players from Latvia
Casinos from the site ratings do not hold a VID licence and operate outside Latvian legal jurisdiction. This means:
- Bonus terms are not regulated by Latvian law. The State Revenue Service of Latvia (VID) does not supervise promotion conditions on such platforms.
- In case of a dispute with the casino, you cannot turn to VID—the regulator only works with licensed operators.
- The VID register of self-excluded persons does not extend to offshore sites. If you have entered yourself in the register, an international casino is not obliged to check your record.
- A bank in Latvia may decline a payment to an unlicensed gambling site. This applies to both deposits and withdrawal attempts.
- VID blocks access to sites of operators without a Latvian licence. The list of blocked domains is published on the service's website.
Playing on such platforms is your decision and your risk. Latvian law prohibits participation in interactive gambling organised without a VID licence on Latvian territory; the fine for an individual ranges from 70 to 350 euros.
How to check the terms before activation
Find the full text of the promotion terms. It's usually accessible via a link in the bonus description or in the Promotions section of your account. If the terms are not published on the site, contact support and ask them to send them—before depositing.
Check the following points:
- Wagering multiplier and exactly what needs to be wagered—just the bonus or bonus plus deposit.
- Wagering period in days from activation.
- List of games in which stakes count, and the contribution percentage for each category.
- Maximum stake during wagering.
- Maximum withdrawal of winnings from the bonus.
- Whether you can cancel the bonus after activation and what will happen to the deposit in that case.
- Whether the bonus activates automatically or you need to enable it manually in settings.
If even one point is unclear, ask support chat. Save the response—a screenshot or copy of the conversation—in case the terms turn out not to be as explained.
Who is a welcome bonus suited for
A welcome offer makes sense if you plan to play for a while, are prepared to fulfil wagering requirements and understand that this will increase the time to first withdrawal. A bonus gives you more funds to play with, but requires patience and discipline.
A bonus is not suited if:
- You want to deposit money, place a few bets and withdraw winnings immediately. Wagering will lock funds in the account.
- You play table games (blackjack, roulette, poker) whilst the bonus terms only allow slots or count stakes on card games at a low percentage.
- The wagering multiplier is too high for your budget. If you're not confident you can place the required stake total, it's better to play without a bonus.
- You're not prepared to read the terms and monitor wagering progress. Breaching conditions will result in forfeiture of the bonus and winnings.
In the personal account of most casinos there is an active bonuses section showing wagering progress, time remaining and the amount still to be staked. Check this information regularly so you don't lose the bonus due to time expiry.
Alternatives to the welcome bonus
If wagering conditions don't suit you, consider other types of offers:
- Free spins—may be offered separately, without being tied to a deposit. Wagering only applies to winnings from free spins; your deposit remains free.
- Cashback—a return of part of lost funds. Usually credited weekly; wagering conditions are softer or absent.
- High roller bonus—offers for large deposits, often with more favourable wagering conditions.
- Playing without bonuses—you deposit money, play with it and withdraw winnings at any time, without restrictions.
See the full list of bonus types and their features in the bonuses section.
Payment methods and receiving the bonus
Most casinos accept deposits via bank cards (Visa, MasterCard), e-wallets (Skrill, Neteller, MiFinity), bank transfers via services like Trustly, as well as cryptocurrencies (BTC, ETH, USDT). Check the range of methods in the cashier of the specific casino.
Some operators exclude certain payment methods from participation in the bonus programme. For example, a deposit via e-wallet or cryptocurrency may not qualify for the welcome bonus. This information is stated in the promotion terms—check it before choosing a deposit method.
Players from Latvia most commonly use cards from Swedbank, SEB, Citadele and Luminor, as well as services like Revolut and Paysera. Bear in mind: a bank may decline a payment to a casino without a Latvian licence—that decision is made by the bank itself, and the casino has no influence over it.
Frequently asked questions
Can I cancel a bonus after activation?
It depends on the casino's rules. Some operators allow you to cancel a bonus in your account, in which case bonus funds and winnings from them are removed and your deposit becomes available for withdrawal. Other casinos do not offer this option—then you must either complete wagering or lose both the bonus and deposit. Clarify this with support before depositing.
What happens if I don't complete wagering in time?
The bonus and all winnings obtained with it are forfeited. Only your original deposit will remain in the account, if you haven't already lost it. The wagering period is stated in the promotion terms—usually from a few days to a month. Watch the timer in your account.
Do stakes on roulette and blackjack count towards wagering?
Usually not, or only partially. Most casinos only allow bonus wagering on slots, as their house edge is more favourable for the operator. Stakes on table games either don't count at all or contribute to wagering progress at a lower percentage—this is stated in the terms. If you prefer card games, check the conditions or decline the bonus.
Can I receive the welcome bonus again?
No. The welcome offer is given once per player, one account, one address and one device. Attempting to create a second account to receive the bonus again breaches the rules of all casinos and will result in both accounts being blocked and funds confiscated. After using the welcome bonus, other promotions will be available to you—regular, weekly, tournaments.
Gambling is intended for adults. Play responsibly. If you or someone close to you are experiencing problems controlling your play, seek help from specialists or use the VID register of self-excluded persons—the minimum exclusion period is 12 months. 18+