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Deposit Bonus

Online slot and casino sites have really gained in popularity over the past few years. This has led to a surge in competition to bring players the best offers. One particular offer that the majority of sites tend to focus on is the deposit bonus.

Often doubling the amount you put into your account, the casino welcome bonus gives you an increased chance of winning, as well as giving you a chance to check out the site before spending too much of your own money.

There are various types of deposit bonuses out there so it helps to be aware of your options. Before you get carried away and sign up with a site, there are a number of factors you need to think about.

Below you’ll find out everything you need to know about this bonus type and what to look out for before you take part.

 

Deposit bonus vs. no deposit bonus

It’s easy to get confused between the two different types of deposit bonus offers if you’re new to playing online slots.

However, there is one very big difference between them; with the deposit bonus you actually need to make a deposit into your account before you receive the bonus. With the no deposit bonus on the other hand, you receive the bonus funds as soon as you register.

You will find that the deposit bonuses tend to be larger than the no deposit bonuses. This is because the sites want to ease the pain of parting with your hard earned cash. Therefore they make it worth your while to become a real cash player. So be sure you know which bonus you are signing up to.

 

Types of deposit bonuses

There are also different types of deposit bonuses available. You will find that the first deposit bonus tends to be the most popular. As an extra incentive to join, the first deposit bonus tends to be the highest amount offered to players. Casino sites also often include additional incentives such as a free slot bonus; this is where they provide you with a set amount of free spins for a certain slots game.

The most common deposit bonus amount is 100%. This means if you were to deposit £150, you would receive an additional £150 absolutely free. The more you deposit, the more you get back. However, there are some sites which offer better deals, with some even stretching to 500%. With these increased deposit bonus amounts you will usually find there are numerous terms and conditions that you need to meet in order to take part.

Other deposit bonus offers include second and third deposit bonuses, these are available to encourage new players to continue making deposits at that particular casino site. The amounts tend to lower with each deposit, however there are some slot sites which offer a lower amount on the second deposit and then they raise it up again for the third. You will need to compare different slot sites to see which offer the highest amounts.

Finally there’s the re-load deposit bonus. These are most typically offered to players on certain days of the week. Offering weekly deposit offers helps to keep existing players happy and also acts as an incentive for new players to sign up. Who doesn’t want to be a part of a site that continually gives you cashback? There are a very limited number of slot sites which also give you constant lifetime deposit bonuses. While they don’t give you a high amount back, they still provide more cashback than sites which offer limited time deposit bonuses.

 

Things to consider

In terms of slots bonus offers, the deposit bonus is definitely one of the best. However, there are some terms and conditions you need to be aware of. One of the major things to keep a lookout for is whether there are any wagering requirements.

This means are you required to spend a set amount before you are able to withdraw your winnings? Many players end up shocked that they can’t withdraw the money they have won with their free bonus cash.

In general, the deposit bonus is a great incentive and you would be silly not to take advantage of them. However, you do need to be sure that you read through all of the terms and conditions and that you have compared as many different slot sites as you can before signing up.