Besides the impressive and growing game selection, there’s no question that one of the reasons why online casinos continue to break the bank and surge in popularity is their epic bonuses. While it takes generous daily bonuses and weekly ones to keep established members engaged, the deposit bonus is the one that brings new players into the fold. Like any online casino bonus, deposit bonuses aren’t all created equal. This guide breaks down how to master the best online casino deposit bonuses for an unforgettable online casino experience.

    Understanding Deposit Bonuses

      Not to be confused with a no-deposit bonus, otherwise known as a sign-up bonus, deposit bonuses aren’t triggered automatically and are free. The purpose of a deposit bonus, unlike second chance credits, which is an alternative to the deposit bonus, is to give new members a financial incentive to participate in joining and making future deposits.

      Because there is no guarantee of winning, new members might be shy at first about making deposits because there is the likelihood that new members will wind up losing. To help them get over this fear, online casinos offer a deposit bonus that puts bonus funds of up to $1,000 in the player’s account as soon as the deposit is processed. To better understand deposit bonuses, please consider these main points:

      1. The usual minimum deposit is $10 to $25 to trigger the deposit bonus. However, some real money online casinos might go as low as five bucks to trigger the deposit bonus.
      2. For the most part, the deposit bonus for an online casino is 100%. For online casinos that support additional deposit bonuses for second or even third deposits, the matching bonus might fall to 50%.
      3. While the deposit bonus applies to most games, there are usually gaming restrictions. For example, most deposit bonuses don’t apply to jackpot slots or slot games that feature excessively high RTPs. Also, most live dealer games are also ineligible for most deposit bonuses.
      4. While online casinos are generous with deposit bonuses, they come with expiration dates. To use the deposit bonus, some online casinos give new players up to fourteen business days. And with any bonus funds won, most online casinos give members up to 30 days to wager the bonus requirements to be able to cash out.
      5. Unlike the no-deposit bonuses, the deposit match bonuses carry a steeper wagering requirement. Expect the minimum wagering requirement to be 10x, but the average is around 15x. Some online casinos take the playthrough requirements up to 25x, or in some scenarios, 35x. Once the playthrough requirements get this high, it might be a good idea to consider not opting in because the requirements vastly outweigh the benefits.

      The Reasons Behind Deposit Match Bonuses

        While it’s not exactly rocket science behind the art and need for deposit match bonuses, still, it’s a good idea to consider these main points before selecting an online casino.

        • It’s a great way for online casinos to continue building their membership to compete against their rivals.
        • Attracting new members also helps online casinos replace members who might have left or deactivated their accounts.
        • It keeps the online casino relevant in discussions and chats. The more buzz around the online casino, the greater the chance members join.
        • If new members are impressed, there is a great chance that they will stick around and make other deposits, which will increase the online casino’s bottom line.
        • Also, if new members are impressed, they will most likely refer the online casino to friends which further increases the profile and profits of the online casino.

        Choosing the Deposit Bonus or Second Chance Credits

          Sometimes, an online casino will give new members a chance to choose between deposit bonuses or second-chance credits. To help put these two bonuses into perspective, consider these main points:

          1. Second-chance credits: As an alternative to the deposit, some online casinos don’t give new members the bonus funds upfront. Instead, after the first day of losses, the online casino will reward new members with up to a certain amount of refund credits to keep the players engaged. Players must still have to make a deposit to set up getting $50 or more in refund credits.
          2. Deposit bonus: It is by far the most prominent welcome package. Usually, the minimum deposit is ten bucks to trigger the deposit bonus. The deposit bonus gives new players all the bonus funds upfront.
          3. No-deposit bonus: For online casinos that offer a no-deposit bonus, it is a foregone conclusion that it offers a deposit bonus as the main casino welcome bonus. The sign-up bonus is used first, and then the deposit match bonus after the player makes the first deposit.
          4. Advantages for the Player

          Needless to say, deposit bonuses come with many advantages:

          • Players can win real money without constantly dipping into their wallets.
          • If the player wins real money, they can take that onto the deposit bonus funds.
          • For free, new players can explore the available and eligible games.
          • Playing for free allows new members to develop a winning betting strategy.

          Wagering Requirements Explained

            The purpose of deposit bonuses, like any other bonuses, is to encourage players to make wagers, preferably bold ones. Before cashing out, players will need to deposit usually around 10x the bonus funds. The wagering requirements is based on the actual bonus money, multiplied by 10x or whatever the requirement is.

            For example, the standard and maximum deposit bonus is $1,000. If you apply the standard 10x wagering requirement, this means you would have to bet at least $10,000 before qualifying for a withdrawal.

            Advice for Getting the Most out of the Deposit Bonuses

              While having bonus funds might make you feel invincible, if you’re not careful, you can quickly go through it faster than you can say Jumping Jack Flash. To help you get the most out of these deposit bonuses, please consider these tips:

              1. Focus on slots: Most slot games qualify for the deposit bonus, and they are usually the most cheapest to play, especially classic slots.
              2. Make simple bets: Even with all those bonus funds, you might be tempted to go all out. Remember, slow and steady wins the race.
              3. Consider limited playing time: Before you know it, you can quickly run through all the deposit bonus funds with nothing to show for it. When starting, perhaps it’s best to play in short bursts.
              4. Playing Responsibly

              Even with extra bankroll, always remember again that slow and steady wins the race. To help prevent problem gaming habits and disorders, you might consider setting playing limits. A reputable online casino offers responsible gaming measures. To help you stay in control of your playing and spending limits. You can also limit deposit methods like credit cards, e-wallets, or Bitcoin if the online casino supports them.