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Casino deposit bonus – What is that?

Let’s find out what a casino deposit bonus is. A casino deposit bonus is an offer that players receive when they deposit at a casino. It is often given to the player immediately after depositing. The amount of money varies. This amount is added to your account to your main deposit. It allows you to increase your bankroll and place more bets. Unfortunately, this is not your money yet. It is bonus money, and you cannot withdraw it before you meet wagering requirements. If it were possible, you would cash out without playing any games. The amount of bonus is not always the main factor. Please, examine the terms carefully to understand all the rules.  

So the main idea is simple. You make a deposit and receive a bonus from a casino in X amount to your deposit. We think it is an opportunity to start gambling with more chances to win real money.

How do deposit match bonuses work?

Let’s figure out how deposit bonuses work. Let’s use a simple example. Imagine that a casino offers 100% up to £200 casino bonus with a wagering requirement of 10x. You decided to deposit £200 to get the maximum bonus. After claiming the bonus, you have £400 in your account(£200 your deposit and the £200 bonus amount). Before you can withdraw this money, you need to play through this amount ten times. So you need to bet £2000 to be able to cash it out.

As you can see, nothing is complex. However, please, always keep in mind other wagering requirements. They could be maximum bets, withdrawal limits, time limits, and game specified. All these factors are crucial and can prevent you from claiming the bonus and meeting the requirements. To avoid this situation, you should always read the terms and conditions to make sure it is possible to claim the bonus.

Why do online casinos offer deposit bonuses?

You might have thought about why online casinos offer such generous bonuses to players. There is tough competition between online casinos. There are dozen of casinos that want players to play on their website. Deposit bonuses have become usual, and players expect to claim some extra money from the casinos. For many players, bonuses are the key factor.

If we look closer at casino goals, they might be:

1. Bonuses help casinos to win the competition and attract new players for free.
2. Stimulate players to make their first deposit and start playing with real money
3. A player who has come to play one time might become a loyal client for many years.

New casinos usually offer more generous bonuses to make their players loyal to the casino. Players’ loyalty is one of the most important aspects that all casinos want to achieve. 

Types of casino deposit bonuses

There are a few most popular and common types of deposit match bonuses. Usually, they are all the same, and the only difference is in the percentage. Here are some of the most usual deposit bonuses:

• 100% deposit bonus. It is the most widespread deposit bonus that you can meet. The rules are simple. You receive 100% up to £100. If you make a deposit of over £100, you will still receive only up to £100. It is the maximum amount of bonus money you can receive. If the wagering requirements are 20x, you need to bet £2000 to be able to cash out your bonus money.
• 200% deposit bonus. It is not a usual bonus, but there is a 200% deposit bonus offer on the market. The rules are the same as a 100% deposit bonus. However, casinos often offer this bonus for the second deposit. That is a great option to play more. You still should read the terms and conditions and pay attention to wagering requirements.
• 300% deposit bonus. It is a rare offer from online casinos. It is often marked as 300% up to £300. It means that you can claim three times the amount you have deposited. The maximum amount is £300. If the wager is 20x, you need to bet £6000 to be able to withdraw your bonus.
• 400% deposit bonus. This is a generous proposition from online casinos. It means that you can get four times the amount of your deposit. Keep in mind that a lot of bonus money means a lot of wagering requirements. It could be complicated to benefit from such a bonus. Read the terms and conditions!

So these are the deposit bonus types that you can face. Remember that if the bonus is very generous, the wagering requirements might be complicated. Read the terms and conditions before claiming the offer. It will prevent you from facing an unpleasant situation when you cannot get the bonus. 

Advantages and Disadvantages of deposit bonuses

All casino bonuses have advantages and disadvantages. Let’s find out what they might be. At first sight, you may come to a conclusion that there are no disadvantages and that casino gives you more money to make your chance of winning bigger. However, it is a bit more complicated. Here are the main advantages of deposit bonuses:

• Increase your bankroll and chance of winning. Your deposit becomes bigger, and you can play more games and win more money.
• It is a great chance to spend time playing favourite games without making a significant deposit. If you choose the biggest bonuses, you might not cash out this money, but you will enjoy the game.
• Easy to claim. You don’t need to do anything special. Register on the website, enter your phone, name, and e-mail address, and the bonus will be available in your account. 
• You can claim it from any device you have. It might be a tablet, smartphone or desktop device.

There are also some disadvantages of casino deposit bonuses:

• If the bonus is very generous, it would be difficult to withdraw it. The wagering requirements are strict when the percentage is more than 100%. If you fail to meet wagering requirements, you won’t be able to claim the bonus. 
• Time limit. There could be strict time limits that can also be difficult to meet. 

So there are both advantages and disadvantages. You need to decide whether to claim deposit bonuses or not. You should always read the terms and conditions and evaluate the chances of withdrawing. We can offer you the top list of deposit casino bonuses to make your choice easier.