What is a deposit bonus for online casinos?

Gambling companies, like other businesses, promote their services through special offers. The deposit bonus is the incentive players get after making a payment at a casino. The reward is there to attract new players. You can use the bonus to play the specified games and win real money.

The bonus can get split into several deposits. For instance, you can get a particular amount for the first payment, and more can come as you make subsequent deposits.

The reward gets also referred to as the welcome bonus. It encourages people to register at a casino, make payments, and play.

The advantages and disadvantages of deposit casino bonuses

The reward has the following benefits.

  1. High expected value.

When you play games using your money and bonus, there are higher chances of profiting. You can gain even if the playthrough requirements lower your wins.

  1. Play new games.

Most gamblers are reluctant to test unfamiliar games using their money. The incentive offers players a chance to play such titles.

  1. Play for long.

Serious gamblers that love spending so much time at casinos benefit from the deposit bonuses a lot. The reward allows them to play more. You can play for a longer time without needing to top up your account.

The deposit casino bonuses have the following drawbacks.

  1. Playthrough requirements.

Gamblers have to bet the incentive again from one to one hundred times, depending on the gambling platform. So, expect a lot of gaming before withdrawing your wins.

  1. Game restrictions.

In some gaming sites, the games with high RTPs get restricted from contributing to the playthrough requirements.

  1. Time limits.

Many websites need customers to use the incentive within a short duration. It can be within one week, one month, or even a few hours.

Claiming the deposit casino bonus

The first step is to open an account. You cannot access gambling offers if you are not a member of the site offering them.

Customers also need to understand how casinos do their promotions before claiming rewards. If a site uses codes, they will appear on the bonus page. On most platforms, you need to enter the code in the cashier section. Other times, gamblers may get asked to send the code to support representatives.

Casinos that don’t provide codes reward the bonuses automatically. However, players may need to talk to a support agent after depositing money. The operator will immediately add the incentive to the deposit.

It is essential to pay attention to the bonus requirements. For instance, casinos specify the minimum you can pay to be eligible. The terms and conditions also cover playthrough requirements, game restrictions, time limits, and anything else enforced by the operator.

The online deposit bonus is often between 25% and 200%. Casinos will also specify the payment methods. For instance, you may get required to make deposits using eWallet or Neteller services. The payment options may also be the ones you will also use to withdraw wins.