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Slot Deposit Bonuses Explained



Online slot deposit bonuses are becoming more and more common. This is mainly because of the range of welcome bonuses on offer. New online casino and slot machine websites are appearing online all the time and they're all trying to get ahead of the competition with welcome bonuses and other promotions to try and entice new members.

If you are looking at signing up for a new casino site but you are unsure about how the bonuses work, then you need to look at the percentages to get a full picture about how it works. Here we will look at how deposit bonuses work and how you can tell when a welcome bonus is truly worth signing up for.

Percentages

One of the main things to keep in mind when looking at online slot machine welcome bonuses is the percentages that are used and the deposit limits.

In most cases, a bonus worth a certain percentage is given on the first deposit, which usually has a limit. Make sure that you look at both of these figures as they will dictate how big a bonus you receive.

For example, a site might offer you a 200% bonus on an initial deposit worth £10. When you look at this, it's easy to be distracted by the high percentage number and think that you will be given a huge amount of money.

In actual fact, a 200% bonus on £10 is worth £20, which might not seem like a lot when it is broken down like that. This is why you need to keep an eye on the percentages and the maximum deposit so then you will know when it is well worth signing up.

Loyalty bonuses

Quite a few sites will also offer additional bonuses on the next deposit as well. Some will even go as far as offering bonuses all the way up to the fifth deposit. When you're signing up for a site and they have a loyalty system like this, it's always worthwhile doing a few sums to see if this is actually beneficial.

If you find that winnings are few and far between in the games on offer, then you could end up out of pocket even though you're being given bonuses. Make sure that the site is well worth spending money on to reach maximum deposits before you decide to commit to it for the long term.

Check withdrawal rules

This is another very important aspect of online slot machine gaming that you have to pay close attention to. In many cases, sites will not allow you to withdraw money from your account until you have reached a wagering limit. This is to prevent you from taking bonus money that they want you to use on their website.

While this is understandable, sometimes the withdrawal limits can be quite harsh and can prevent you from withdrawing money even if you have won a substantial amount. Make sure that you check the terms and conditions of bonuses before you consider signing up.