What is a Deposit Bonus?

Deposit bonus is one of the best incentives given to players by online casinos. Learn more about this bonus.

A deposit bonus is the bonus given to you after you make real money deposits into your online casino account. You can make deposits using the different payment methods listed on the gambling site. The deposit bonus is a very popular bonus, regularly used by online casinos to encourage new customers to join them. Players are awarded the bonus and are given the opportunity to use it with their next deposit, or first deposit in some cases.

In most cases, online casinos are more generous with deposit bonuses when a player is a new customer. The percentage decreases as the player becomes a regular one. There’s not a fixed deposit bonus for online casinos. However, the percentage is decided based on the casino’s sole decision. Over the years, it is one of the most effective marketing strategies. According to statistics, a major percentage of players are influenced by the offerings made by the online casinos they bet in.

Types of Deposit Bonus

There are several types of deposit bonuses out there with different variations. Going into everything in detail would be exhausting. However, you can learn about a few of the most popular deposit bonuses around.

Welcome Bonus: Virtually every online casino offers one form of welcome bonus or the other. The details might be different, but the overall concept is always the same. You are eligible for this bonus only when you make your very first deposit.In most cases, welcome bonuses involve the concept of matching. This means that the online casino is willing to give you 100% of the amount you deposit. Let’s say you make a deposit of €200. You will then receive an extra €200 adding up to €400, available to bet on any game. However, there might be a few conditions, such as wagering requirements. Some casinos will also limit the type of deposit that gets a bonus

2nd and 3rd Deposit Bonus: As the name implies, this bonus relates to the subsequent two deposits made after your first deposit. This type of deposit bonus is widely known as the extension of the welcome bonus. It is often set at 75%, 50% or 25% to encourage further deposits. A common practice is that online casinos make the last deposit within the range of the deposit bonus higher. In this case, you might see 100%, 50% and 25% bonus.

Another popular deposit bonus is the Reload bonus. Unlike the welcome bonus, the reload bonus is specific to regular customers. This bonus is given periodically to players as a form of incentive to make a consistent deposit. A very popular timeline is on a weekly basis. Players are required to make a minimum deposit within a timeline and are given a percentage as a bonus. In most cases, the bonuses are less than 100%.

Online casinos that offer a deposit bonus

There are several casinos with amazing deposit bonus offerings. Some of the popular ones would be discussed here.

1. Mr Green: This casino offers 100% Welcome Bonus up to €100 and an additional 100 Free Spins on first deposit.

2. Leovegas Casino: By signing up with Leo Vegas, you are eligible to earn 20 Bonus Spins on sign up, and 100% bonus up to £100 with an additional 20 bonus spins on the first 4 deposits.

3. Spin up Casino: With this casino, you are given a 300% bonus up to €1,000 with additional 100 Free Spins on your first deposit.

4. Wild Blaster: After signing up with wild Blaster, you are eligible to get a 100% bonus of your deposit of up to €500.

5. Next Casino: With a minimum deposit of €10, you are eligible to a 150% bonus of up to €200 and an additional 100 Free Spins on your first deposit.

Things to consider before accepting any deposit bonus

There so many deposit bonus ideas, many of which look exciting but might be deceitful. It only makes sense to follow a simple procedure before you accept any deposit bonus. The first important advice is to be patient and look through the terms and conditions attached to the bonus offer. The next step is to check the wagering requirements and try to check how realistic the requirements are. This is where most players get stuck.

Summary

The deposit bonus is an exciting aspect of online gambling. How exciting is it to have your gambling money increased before betting? As interesting as it is, many unreputable online casinos have taken advantage of this bonus and enticed many to make deposits only for the players to find many unreasonable terms and conditions. As you dive into these bonuses, be sure that the betting site is officially licensed and read reviews about their activities from various betting forums.