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To put it quite plainly, a casino welcome bonus is free money casinos give to new players in order to motivate them to gamble more. Welcome bonuses come in many different types and sizes. Let's cover a few of them here:
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No deposit bonus: This is a bonus you can get without making a deposit. All you have to do is to sign up for a real players account at the casino. Sometimes you will need to wait until you receive an email from the casino in order to claim the bonus; other times, the casino will just automatically credit your account with the bonus. However, the no deposit bonus can come with some limitations (such as a limited amount of money you can withdraw), so make sure you read their terms and conditions before signing up.
Match bonus: To receive a match bonus, you will need to make a deposit at a casino and they will take a certain percentage of your deposit and match it. Casinos usually give this type of bonus to first-time players.
Free money bonus: This is when a casino offers a set amount of free money if you make a deposit that is over a certain amount of money. For example, a casino can offer you a free $50 if you deposit at least $25.
Sticky bonus: A casino will give you some money to play with, but you can't withdraw anything unless you reach the playthrough requirement (more on this later). Only then will you be able to withdraw any winnings that are over the initial bonus amount.
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Loyalty bonus: This is pretty much self-explanatory. If you reach a certain status at a casino, they might offer you a loyalty bonus. Most loyalty bonuses will require a token requirement (such as a playthrough) in order to be cashed out.