One of the biggest advantages of playing at online casinos is that, unlike land-based casinos, they actually offer free money for gambling activities. In fact, players won’t find a single online casino that doesn’t offer some type of the bonus or the other. Online casinos are in the habit of offering a wide variety of bonuses such as no deposit bonuses, deposit bonuses, special bonuses, birthday bonuses, free play time bonuses, free spins bonuses, and others in a bid to attract new players and enlarge their base of loyal customers. The most popular type of bonus offered at online casinos is the deposit bonus.
What is a deposit bonus?
A deposit bonus is free money offered in the form of certain percentages of players’ deposits. A casino might offer first depositors’ bonuses, monthly or weekly deposit bonuses, special deposit bonuses, promotional bonuses, and many more.
While a first depositors’ bonus is offered on players’ first deposits at an online casino, special deposit bonuses might be offered on special occasions such as anniversaries, birthdays, festivals, promotions, and so on. For instance, Casino A offers a first depositors’ bonus of 100 percent up to $200 on all initial deposits in the range of $5 to $200. This means that players who deposit $5 will get a bonus of $5, which makes a total of $10 in their online casino gaming accounts; and players who deposit $200 will get a bonus of $200, which makes a total of $400 in their online gaming accounts.
Not Really Free
Players, however, should not make the mistake of thinking that deposit bonuses are free money that can be withdrawn and taken home. Online casinos offer these bonuses for the purpose of wagering alone, owing to which players are expected to use their bonuses on wagering activities. They cannot withdraw their bonuses and any cash prize they might have won using those bonuses without first satisfying the online casino’s wagering requirements. For instance, Casino A offers a first depositors’ bonus of 100 percent up to $200 with a wagering requirement of x30 players’ deposit plus bonus amount.
This means that players who deposit $5 and receive a bonus of $5 must play through $10 thirty times, or in other words, they must spend $300 on wagering activities before they can be allowed to withdraw their bonuses. Some online casinos also give time limits within which players must satisfy the wagering requirements. For example, Casino A requires players to clear their bonus within 90 days, failing which they will not receive the bonus.
Online casinos might also forbid players from wagering on all their games to clear their bonuses. For instance, at Casino A, players can clear their bonus only by playing selected games such as roulette, craps, keno, and a few slots.
Deposit bonuses, if used wisely, are a great way to increase one’s bankroll. Players can find some fabulous deposit bonuses at casinos such as All Slots Casino, Golden Tiger Casino, Fortune Room Casino, Blackjack Ballroom Casino, and Platinum Play Casino.