A deposit bonus, also known as a deposit bonus, is a type of bonus you receive when you make a deposit at an online casino. This bonus is a percentage of the amount you deposited and is added to your playing credit. For example, if a casino offers a 100% deposit bonus up to €100, this means that if you deposit €100, you will receive another €100 as a bonus, giving you a total of €200 to play with.
Types of Deposit Bonuses
First Deposit Bonus
This is awarded on the very first deposit. This is often the largest and most attractive deposit bonus offered by a casino.
Reload Bonus
These are bonuses offered for subsequent deposits after you have made your first deposit. They are usually smaller than the first deposit bonus.
Second, 3 and maybe 4 deposit
In some cases, the deposit bonus is spread over multiple deposits. For example, you might get a 100% bonus on your first deposit, 50% on your second and 25% on your third.
Conditions
wagering requirements: These are the requirements you must fulfill before you can withdraw the bonus and any winnings. These are expressed as a multiple of the bonus, such as 35x.
Minimum Deposit: To activate the bonus, there is often a minimum amount you must deposit.
Game Restrictions: Not all games contribute equally to the wagering requirements.
Time Limit: There may be a time limit within which you must have met the wagering requirements.
Advantages
Increased Playing Capital: The main appeal is that it gives you more money to play with, which can increase your chances of winning.
Flexibility: Because you have more money, you can try different types of games or place bigger bets.
Wager requirements: The wagering requirements can sometimes be quite high, meaning you have to play a lot before you can withdraw the bonus or winnings.
Time limitations: If you don’t use the bonus within a certain amount of time, it may expire.