All About Online Casino Deposit Bonuses

August 23, 2009 | Article Category: Casino Bonus

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Almost every online casino you will come across will offer deposit bonuses. Deposit bonuses are usually divided into two groups, the first being the first deposit bonus, which is awarded when players deposit money with an online casino for the first time. The other deposit bonuses, which are not necessarily offered by all online casinos, are usually for a second or third deposit. Some online casinos will even offer a small deposit bonus each time a player deposits a minimum amount at their casino.

What is a Deposit Bonus?

Deposit bonuses may look a little different depending on the individual online casino, but essentially, they are all the same. Initial deposit bonuses are bonuses that players receive when they register with an online casino, and make their first deposit into their online casino account. Other deposit bonuses are also received when the player makes further deposits with an online casino that offers bonuses for deposits other than the first deposit bonus. The bonuses are credits that can be used to play casino games in the online casino.

How Does the Deposit Bonus Work?

Even though each online casino may have slightly different policies and also different bonuses, deposit bonuses usually work in a similar manner at any online casino. For the first, or initial, deposit bonus, the new player begins by opening their online casino account. After registering with the online casino and filling in any required details for age verification, location and more, the player will usually need to make a deposit in order to begin playing games for real money. The player makes a deposit, and the first deposit bonus will be added to by the online casino, who will add a predetermined number of credits to the account of the player. These credits can be used to play some, although often not all, of the casino's games.

Deposit bonuses on second or any other subsequent bonuses are usually less than the bonus offered for first deposit bonuses, yet they operate in a similar manner. However, Terms and Conditions may be different to first deposit bonuses.

How Much Needs to be Deposited?

Some online casinos have minimum limits that need to be deposited in order to receive the bonus. If the bonus is a match bonus, say for 100% if the deposit is between $100 and $300, then a player who deposits less will receive no bonus, while a player who deposits more will only receive their deposit bonus on up to $300 of their deposit.

Terms and Conditions Apply

When making use of online casino bonuses, it is important to read the fine print. Often the Terms and Conditions explain that the deposit is only paid out a small amount each month for a few weeks or months, and that the player is required to wager a certain amount each week or month in order to receive the bonus. If the player does not fill these wagering requirements, they will lose out on their bonus. The amount required for wagering can be as much as ten or more times the amount of the deposit bonus given before the money may be cashed in.

You Do Not Have to Accept a Deposit Bonus

Deposit bonuses help to extend a player's bankroll to help give them a boost, especially when starting out. Players may opt not to take any of the bonuses offered to them by an online casino if they do not like the Terms and Conditions.

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