An In-Depth Guide to Deposit Bonuses

Deposit bonuses are one of the many ways that online gambling stands out from land-based casinos. Because there are so many online casinos out there, they’re forever trying to one-up each other in order to fight for your attention. By taking the time to understand exactly what a Deposit Bonus is and how you can benefit from the many rewards, you’ll have all the tools you need to get the most out of your online gambling experience!

Best Deposit Bonuses in the World

The Best Deposit Bonuses in the World

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Definition of Deposit Bonus

What is a Deposit Bonus?

A Deposit Bonus is a great way to add even more excitement to your gambling experience, however, if you don’t know exactly what’s expected of you then chances are you won’t be able to benefit from the reward. By deciding to skip over the terms and conditions, wagering requirements etc. you could end up losing the bonus you claimed along with everything you’ve won using the bonus funds.

If you know exactly what to look out for when it comes to a Deposit Bonus and how to claim the best out there then you’ll know exactly what needs to be done to ensure that you get to claim that big win! In this review, we’ll cover everything you need to know about these exciting bonuses as well as which rewards to look out for and how to claim them!

Deposit Bonus Rewards

How You’ll Benefit From Exciting Deposit Bonuses

Deposit bonuses are mostly used to attract new players, however, there are many that are available to existing players as well. By claiming a Deposit Bonus you’ll have the chance to double or even triple your money. Often, casinos will offer a certain percentage deposit match which will reward you with a certain amount of money.

When it comes to claiming a deposit match, the amount you receive usually depends on you, however, there are always limits. Let’s say a casino is offering a 100% deposit match up to €300. This means that whatever amount you deposit you’ll receive the same amount back in the form of bonus funds. Below you’ll find an example of exactly how claiming a match Deposit Bonus works.

Deposit Bonus Offer: 100% Deposit Match up to €300

Amount Deposited: €250

Deposit Bonus Received: €250

Total Casino Funds: €500

You should note that if you exceed the maximum limit, you will only receive the maximum match deposit offer which in this case is €300. Meaning that if you deposit €350 you will only receive a bonus amount of €300.

Types of Deposit Bonus

The Different Worldwide Deposit Bonuses You Don’t Want to Miss Out On

There are more than a few deposit bonuses to keep an eye out for when it comes to online gambling. Whether you’re a new or returning player you’ll be able to find more than a few bonuses to suit your needs. For casino players who enjoy slots, the free spins bonus is perfect for you! You’ll find that although most of the deposit bonuses that offer free spins will be a part of a specific welcome package, many casinos offer them as a way to reward you for playing at their casino.

When it comes to reload bonuses these are limited to players who have made at least one deposit into their casino account and can be in the form of bonus cash, free spins or both! Bonus codes are special combinations of numbers and letters that are used to claim specific deposit bonuses and will usually be found on the casino’s Bonuses and Promotions page.

  • Free Spins Deposit Bonus: Often you’ll receive a free spins Deposit Bonus as a part of your welcome offer, and when this is the case you usually won’t get very many as the main prize is the deposit match. With that being said, by looking around you will be able to find a Deposit Bonus that’ll reward you with only free spins which is often a higher number compared to a Deposit Bonus that offers both free spins and a deposit match.
  • Deposit Bonus Codes: When using a bonus code to claim your Deposit Bonus, you’ll need to be very careful to ensure that you enter the correct combination of letters and numbers as unless you enter the exact code you won’t be able to claim your bonus. With Deposit Bonus codes you’ll be able to claim a number of exciting prizes which can usually be found in the bonus’s description on the casino’s site.
  • Reload Bonuses: Reserved for existing players that have already made at least one deposit into their casino account, players will be offered the chance to receive either a deposit match or free spins when they make their next deposit. This is used to reward players for remaining loyal to their site or to coax existing players into returning after being absent for a certain amount of time.

Pros & Cons of Deposit Bonuses

The Ups and Downs of Online Casino Deposit Bonuses

In life, there are advantages and disadvantages to almost every situation or product, and it’s no different when it comes to claiming a Deposit Bonus. It’s true that you’re able to claim worthwhile prizes but whether or not you get to keep the money you win using your bonus funds is another story. This is because deposit bonuses often come with wagering requirements that need to be met within a certain amount of time (more on that later).

Although it can definitely be considered a disadvantage, if you read through the rules you’ll know exactly what you need to do in order to truly benefit from these exciting bonuses. We’ve provided a few of the pros and cons of claiming a deposit bonus so that you know exactly what to expect before claiming your next big reward!

Pros

  • It’s a great way to play slots for free
  • Gives you the opportunity to try out a casino without spending too much of your own money
  • Allows you to boost your bankroll
  • You’re able to play casino games for longer giving you more opportunity to hit that big jackpot.
  • New and returning players are able to claim exciting rewards

Cons

  • You don’t usually get a large number of free spins
  • You’ll need to use your free spins to play specific games
  • Wagering requirements will need to be met within a certain amount of time
  • You need to deposit real money before being able to claim a deposit bonus
  • Not all games will count towards wagering requirements

Although many deposit bonuses come with specific rules and wagering requirements, it’s still a great way for players to enjoy exciting casino games with more money than they initially planned to play with. There are a variety of offers for both new and returning players, and depending on the casino you choose to play at, you could amplify your gambling experience almost daily!

T&Cs of a Deposit Bonus

Why Reading the Terms and Conditions for Deposit Bonuses is Necessary

Before rushing ahead and claiming the thrilling deposit bonus you’ve been eyeing out, you should definitely consider taking a look at the Terms and Conditions page. Each deposit bonus will come with its own set of rules that will need to be followed if you want to keep the money you’ve won using the bonus funds.

For example, your bonus may not be credited to your account automatically when you make the qualifying deposit in which case you will need to know how to go about claiming it, or perhaps it is meant to be received automatically but you ended up making a deposit with a payment option that doesn’t qualify for the deposit bonus and as a result, you missed out on the chance to claim a huge reward.

Not knowing what you need to do to claim your Deposit Bonus can be extremely frustrating, especially when all you want to do is enjoy your casino games! This is why we’ve provided a few of the typical terms and conditions you may find when reading through a bonus’s rules.

  • To receive the bonus you should click on the Receive Bonus button when making your deposit.
  • Deposits made using Skrill or Neteller will not qualify for the Deposit Bonus.
  • Players will need to claim the Deposit Bonus within 7 days of making a deposit.
  • Certain games do not count towards wagering requirements.
  • Free Spins must be used to play the games specified in the Deposit Bonus description.

How to Calculate Wagering Requirements for Deposit Bonus

How to Work Out the Wagering Requirements for a Deposit Bonus

If you’re a seasoned casino player, then you probably know all about wagering requirements and why they’re so important. Unless specifically labelled a No Wagering Bonus, every Deposit Bonus you come across will have to be wagered a certain amount of times before you’ll be able to withdraw any money won using your bonus funds.

Each bonus’s wagering requirements are different, and it solely depends on the casino you’re playing at, however, one thing they all have in common is a time limit. You will need to meet the minimum wagering requirement in a certain amount of time before bonus funds will be transferred to your cash balance.

To show you what we mean, we’ve provided an example of how to work out the wagering requirements for a Deposit Bonus so that you have a general idea of what’s expected and how to calculate the minimum wagering requirement the next time you come across a seemingly perfect Deposit Bonus.

  • Deposit Bonus Offer: 100% up to €800
  • Bonus Rules: Players must wager the deposit bonus plus the amount deposited at least 40x before being able to withdraw any money won using the deposit bonus.
  • Amount Deposited: €400
  • Bonus Amount Received: €400
  • Minimum Wagering Requirement: €800 x 40 = €32,000
  • Deposit Bonus Offer: 100% up to €500 + 50 Free Spins
  • Bonus Rules: Players must wager the deposit bonus and the money won using the free spins at least 35x before the bonus balance will be transferred to the cash balance.
  • Amount Deposited: €350
  • Bonus Amount Received: €350
  • Free Spins Received: 50
  • Amount Won With Free Spins: €50
  • Minimum Wagering Requirement: €750 x 35 = €26,250
  • Deposit Bonus Offer: 250 Free Spins
  • Bonus Rules: The money won using the free spins must be wagered 30x before players will be able to withdraw any money won using the deposit bonus.
  • Amount Deposited: €20
  • Free Spins Received: 250
  • Amount Won With Free Spins: €600
  • Minimum Wagering Requirement: €600 x 30 = €18,000
  • Deposit Bonus Offer: 100% up to €400
  • Bonus Rules: Players must wager the deposit bonus at least 40x before the bonus funds will be transferred to the player’s cash balance.
  • Amount Deposited: €400
  • Bonus Amount Received: €400
  • Minimum Wagering Requirement: €400 x 40 = €16,000

How to Claim a Deposit Bonus

How to Claim Your Deposit Bonus and Get More for Less

Because there’s more than one type of Deposit Bonus and each casino is different, claiming your bonus may vary depending on which site you choose to play at and which offer you’d like to claim. However, many of them work similarly enough which is why we’ve provided a set of step-by-step instructions on how to claim your Deposit Bonus so that you can jump straight in and enjoy your exciting reward!

  • Welcome Offer
  • Register at a fully-licensed online casino
  • Read the Terms and Conditions for the welcome offer
  • Make the minimum deposit required to qualify for the deposit bonus
  • Your bonus will be credited to your account or you’ll have to follow the steps laid out in the bonus’s terms and conditions to claim your deposit bonus
  • Free Spins
  • Visit the casino’s Bonuses and Promotions page
  • Find the deposit bonus offer for free spins
  • Read through the Terms and Conditions page
  • Once you’re happy with the rules that need to be followed make your deposit and click Claim
  • You’re now able to use your free spins to play the specified slots
  • Bonus Code
  • Read through the deposit bonus Terms and Conditions
  • Enter your deposit amount on the Cashier page of the casino site
  • Before confirming your request enter the bonus code
  • Confirm your deposit and you’ll receive your deposit bonus
  • Reload Bonus
  • As this is reserved for existing players you will receive the bonus offer via email or on the casino site
  • Go to the Cashier section of the casino’s site and make your deposit to claim your reload bonus
  • Enjoy all of the exciting casino games

How to Find Best Deposit Bonuses

How to Discover Which Deposit Bonuses are the Best

There are a number of points to consider when trying to figure out which Deposit Bonus is perfect for you. Wagering requirements differ when it comes to certain casino deposit bonuses which is why you should try to find a few offers that seem worthwhile and compare the wagering requirements and rules.

Another way to ensure that you get the best Deposit Bonus offer is to think about what games you enjoy playing. If you’re excited about playing live casino games and virtual table games then consider finding a deposit bonus that only offers a deposit match as when the free spins are excluded from the offer you’re more likely to receive a higher percentage or a higher max limit.

If you’d like to try out new and exciting slots then find a bonus that offers over 100 free spins so that you get to play the games you enjoy most and have more free funds to do so!

Deposit Bonuses in a Nutshell

A Summary of Exciting Deposit Bonus Offers and Which is Best for You

Bonuses are a great way for players to double their money or claim free spins to create an even better gambling experience, however, it’s important to note that where some bonuses are specifically for new players, others will only be able to be claimed by returning players. Below you’ll find a summary of the various deposit bonuses as well as who they’re available to so that you know which ones to be on the lookout for the next time you’re on the hunt for a thrilling casino Deposit Bonus.

Type of Deposit BonusWhy Players Love ItWho Can Claim ItWagering Requirements
Deposit Bonus Welcome OfferReceive Extra Cash for Making Your First DepositAvailable to new playersMight come with wagering requirements
Free Spins Deposit BonusCan be Used to Play New and Exciting SlotsAvailable to new and returning playersMight come with wagering requirements
Deposit Bonus CodesSpecial Codes Used to Claim Bonus Funds or Free SpinsAvailable to new and returning playersMight come with wagering requirements
Reload BonusReceive Extra Funds With Your Next DepositAvailable to returning PlayersMight come with wagering requirements

Conclusion

What We Have to Say About Deposit Bonuses

Deposit bonuses are honestly one of the best parts of gambling online and thanks to the wide variety of options available there’s something for every type of casino player whether you’ve been a member of your casino for many years or are looking for a new and exciting site to join.

Because you’re able to compare each bonus’s rules, wagering requirements and rewards, you get to choose the bonus that suits you best which helps you create the gambling experience of a lifetime. We definitely recommend claiming a Deposit Bonus to players who are looking for ways to enjoy loads of time playing their favourite games without having to make large deposits to get that big win!

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