By far one of the most common offers you’ll find at online casino sites is the deposit bonus, making sure you get the best deal when making your first deposit will help you to make your money go further. You should be able to at least double your deposit as most casino sites tend to offer a 100% welcome bonus.
Don’t forget to check out wagering requirements and welcome bonus terms and conditions before you sign up.
The amount on offer varies, with some casino sites in the past offering a massive 500% in welcome bonuses on your first deposit. However, while they look great on the surface, there are a few things you need to consider before you register.
Here you’ll find out everything you need to know about the deposit bonus and what you need to keep in mind.
There are actually quite a few different types of deposit bonuses on offer. It basically refers to getting a certain amount of cash free when you make a deposit, this is often worked out on a percentage basis. For example, a casino or slots bonus may be offering 100% deposit bonus, this means whatever you deposit, the site will match by 100%. So if you deposited £10, you’d receive another £10 absolutely free. The 100% welcome bonus is the most common bonus currently on offer from the casino sites.
Receiving cashback on money that you were going to spend anyway is always a bonus and it gives you a greater chance of winning.
As mentioned, there are quite a few different types of deposit bonuses out there. It helps to learn more about each one before you decide which offer to take up. The main types of deposit bonuses include:
The welcome deposit bonus is typically the most common. It is there to entice new players to sign up. Online casino sites know they need to offer lucrative first time deposit bonuses in order to fight off the competition. There are literally hundreds of different online casino sites available, which means in order to stand out sites need to offer lucrative bonuses. The welcome bonus tends to be the largest bonus you’ll come across.
While the welcome bonus is designed to entice new players to register, reload deposit bonuses are there to ensure existing players are happy. All good online casino sites know that the key to being successful is to ensure they take care of their current players. It’s all well and good drawing in new customers, but if you can’t keep them happy then they aren’t going to stick around. Reload bonuses are often given on the second and third deposits, though there are a few sites that offer them on every single deposit that is made. Sometimes the re-deposit or reload bonuses are not advertised on the casino site’s promotions page, instead the recurring bonuses are sent out via email once you have registered at the site- see promotional bonus below also.
Promotional reload bonuses are also common. Many sites offer weekly bonuses which entitle players to deposit bonuses on certain days of the week. Some are one-off promotions which provide a more exclusive feel, encouraging more players to make a deposit during that time. These exclusive ‘member only’ casino offers will be sent to you via email or SMS if you have signed up for that service and the casino site offers it.
There is also a free play bonus available. This is basically where you receive bonus cash, rather than real cash. You can then spend it on the playing the available games, sometimes the free play or no-deposit required bonus is only able to be used on selected games set out by the casino. Check terms and conditions before registering.
Before you sign up with any bonus offer at a casino, it is important to pay attention to the terms and conditions. Deposit bonuses tend to come with fairly strict wagering requirements. So what does this mean? Put simply, you will need to spend a certain amount of your own cash before you can withdraw any winnings. There are also limits placed upon how much you need to deposit in order to benefit from the free bonus.
You always need to take the time to go through the terms and conditions before you apply for the bonus. The limits vary between sites, with many requiring a minimum deposit of £10. However, if you look around, you will find some that offer a deposit bonus on a minimum £5 deposit. As well as a minimum limit, there will also be a maximum limit placed on the amount you can receive. Again this varies quite a lot between sites.
Without fully understanding the terms and conditions of the bonus, you could end up extremely disappointed. You need to check whether the bonus is real or bonus cash and you also need to look at how it can be spent. Some casino sites may only allow you to spend the money on certain games. Then there’s the withdrawal requirements. When will you be able to withdraw any winnings? These are just some of the questions you need to ask and have a quick read up on before you register for an account, you can easily find this information in the sites terms and conditions usually at the bottom of the homepage.