- 1 Casino Guide – All You Need To Know About Deposit Bonuses
- 1.1 What is a Deposit Bonus?
- 1.2 How to get the best Deposit Bonuses?
- 1.3 Different Types of Deposit Bonus
- 1.4 Where to get the best Deposit Bonuses?
- 1.5 How to use a Deposit Bonus?
- 1.6 FAQ
- 1.6.1 Is Deposit Bonus Eligible for Withdrawal?
- 1.6.2 Is Deposit Bonus 100% Legit?
- 1.6.3 What Bets Can Be Made With a Deposit Bonus?
- 1.6.4 Can I withdraw the Deposit Bonus with PayPal?
- 1.6.5 What is the purpose of wagering requirements?
- 1.6.6 TOP PROVIDER OF THE MONTH
- 1.6.7 BEST BONUSES
- 1.6.8 EDITOR'S CHOICE
- 1.6.9 HOT TOPICS
Casino Guide – All You Need To Know About Deposit Bonuses
Anyone who has ever tried betting or any game of chance knows that gambling is very exciting and fun. When you add some free bonus funds to that, the whole experience gets a completely new dimension. There are many different types of online casino bonuses out there, but today we are focusing on a particular bonus that is among the most popular ones. If you have ever created an online gambling account, there’s a high chance you’ve heard about the widely known “Deposit Bonus”.
What is a Deposit Bonus?
A deposit bonus is a type of online gambling bonus that allows the user to play on the platform with additional free money that comes after making a certain deposit. This bonus can be used to play almost all available games, while some casinos include table games with this bonus.
This way online casinos show appreciation for the new users, enabling them to try out the games without risking their original funds, which works great for both parties. These promotions are fairly popular in the online casino industry, especially among the upcoming casinos that are looking to attract more visitors.
A deposit bonus functions similarly to store credit, allowing you to utilize it to try out more casino games and slots than your funds would originally allow you, but with one limitation – you cannot cash out only the bonus itself, since that would be taking advantage of the casino, and against the very purpose for which the bonus had been made in the first place.
How to get the best Deposit Bonuses?
There are different deposit bonuses out there depending on your casino of choice. However, the procedures for claiming them are usually very similar, as there are certain industry standards that most online casinos follow.
These are the correct steps you need to take if you want to get your deposit bonus:
- Check the casino website – There is always a standardized set of steps of a series of instructions that are meant to guide you towards claiming your bonus. The best sites in the industry have impeccably presented information regarding their bonuses, so checking this section can be a great indicator of your future experience with them.
- Select a bonus – This may seem like an obvious step, but in the vast sea of online casinos, not every one of them will offer bonuses worthy of your time and attention. Make sure your list has more than enough potential candidates before you opt for one.
- Create an account – Once you have completed the initial steps, signing up and opening your profile is the next thing to do. That shouldn’t take too long since all you need to do is enter some basic personal information into the forms, and you’re done.
- Identity check – This step is pretty standard and usually takes less than a minute. Depending on the website, you can complete verification via email, SMS, or mobile phone. After that, your account is fully created and ready for further use.
- Bonus Code Activation – This step is optional, depending on the website. In case you require a code, simply enter it into the appropriate field and claim your well-earned deposit bonus.
- Start having fun – Once you are registered and equipped with funds from a deposit bonus, nothing is stopping you from playing all games available, and having the time of your life.
Different Types of Deposit Bonus
As you probably know, all casino bonuses are promotional strategies used by online casinos to lure new players to check out their websites. Deposit bonuses are one marketing strategy that has consistently shown to be successful. Keep in mind that different game sites run deals in different ways, so you should exercise caution when using them.
It’s crucial to be aware that deposit bonus offers to take many different shapes, but they all allow you as a player to play your favourite games for real money without necessarily endangering your initial bankroll. Both new players and more experienced ones can both take advantage of these promotions. To access the promotions as a new player, you must create an account or use one of the offered codes from a third-party website or the gaming operator.
These benefits are offered by online gaming sites in the form of free spins, cash, and playtime, all of which are designed to function in various ways. You must keep in mind that there are always wagering requirements associated with these deals.
Standard Deposit Bonus
This one doesn’t need much introduction, as the premise is rather simple – you get the bonus right after making the deposit. You can use your bonus credits to make wagers and earn yourself real money rewards. The only downside is that you usually have to meet the minimum wagering requirements before you can withdraw your money, but with a little bit of knowledge and luck that is no difficult task to do.
This is a type of bonus that usually follows a deposit bonus offered to you, so you can play the hottest or most well-liked slot machine games. It’s typically employed to advertise the arrival of new slot machines.
Additionally, the promotion has some wagering requirements. This type of slot machine bonus is ideal if you want to experiment with different ones.
Free Playing Time Bonuses
These bonuses are given out in intervals of time and are also known as free time perks. Simply put, a gaming website allows you to spend between 30 and 60 minutes playing a variety of casino games with a predetermined number of chips.
They typically outweigh all other deposit bonuses in size. The profits are converted into bonus cash after your time is over and then added to your account balance. Additionally, there is a cap on how much of these winnings can be withdrawn.
Before you can withdraw money from these promotions using your selected payment method, you must first meet the wagering criteria outlined in the promotion’s terms and conditions as well. Simply said, it indicates that you must fulfil all playthrough conditions to turn them into funds that may be withdrawn.
Where to get the best Deposit Bonuses?
Since there are so many online gambling websites on the internet, the question arises – how to find the ones offering the best deposit bonuses?
Luckily, we have extracted some of the sites that fall into this category and will make your gambling experience quite enjoyable to the point where you won’t have to look for another site anytime soon.
Take a look at our list down below and feel free to check all of the names from it so that you can make an informed and correct decision.
How to use a Deposit Bonus?
Once you’ve claimed your deposit bonus, your options are almost limitless. Almost all online casinos allow access to all games, except those that, due to their nature, are not available for play with bonus funds. These are mostly live table games that involve real money as well as opponent money, so it would not be fair to use deposit bonuses for more than obvious reasons.
Despite this, there are still more than enough options to have fun and earn money using funds from the deposit bonus. All the money you earn is fully available to you in terms of withdrawal. Some online casinos have special conditions for cashing out funds won by investing your deposit bonuses. Those special terms are called “wagering requirements”, meaning that you cannot make a withdrawal until you’ve met a certain amount of winnings. Once you’ve passed their threshold, you can withdraw your money at will.
In terms of distributing your deposit bonus funds, the smartest thing to do is not put everything on a single wager. That is the fastest way to lose your bonus and ruin the beginning of your online gambling experience.
The best approach is the long-term one. Learn as much as you can about the games, be aware of the statistics, make sure you’ve done your “homework”, take calculated risks without compromising your whole balance, and stay updated with your casino’s latest rules, guidelines and offers.
Is Deposit Bonus Eligible for Withdrawal?
No. This type of bonus is used only within the platform, although you can use it to win money that can be withdrawn later.
Is Deposit Bonus 100% Legit?
Absolutely. A Deposit Bonus is a legit marketing tool, so you can enjoy it without having to worry about the authorities whatsoever.
What Bets Can Be Made With a Deposit Bonus?
Pretty much all the games can be played using Deposit Bonus. The excluded games exist, but they are specifically pointed out by online casinos.
Can I withdraw the Deposit Bonus with PayPal?
No. But, there are many websites out there that accept PayPal as a payment method, so once you have won the money by wagering your Deposit Bonus, you can withdraw those winnings immediately.
What is the purpose of wagering requirements?
The likelihood that you will be able to withdraw free money from the casino is significantly decreased by wagering requirements. Many players would be able to earn and withdraw money with deposit bonuses if these conditions did not exist. Even if each player received only $100, the casino would quickly go bankrupt.