What are deposit bonuses?
It is a type of bonus that is given to a player when they deposit real money into their casino account. Therefore, the bonus is unlocked only when you deposit the money into your account. This bonus is usually rewarded in the form of a percentage of the amount you have deposited. This extra amount is added to your account and becomes part of your bankroll. For example, if you deposit ₹100 for a deposit percentage of 10, you’ll get ₹110 in your account.
However, all casino websites offer different types of deposit bonuses, each with its own wagering requirements and allocation conditions.
What are wagering requirements?
Wagering requirements are a way for casino operators to ensure that players don’t simply collect their bonuses and withdraw the amount. Wagering requirements force players to use the money in the casino by needing them to play a certain number of times before they can withdraw.
Despite being a safety net for the casino, they are very beneficial for the player. For example, if you deposit ₹50 under a 100% match offer, a 40x wagering requirement and a 2% house edge, you can earn ₹10 per game. You can find such favorable bonuses with a bit of time and effort. These wagering requirements are specified right below the bonus offer text (in smaller font) or in the terms and conditions. It is usually shown as 10x, which means you need to place at least 10 bets.
It is important to note that in some cases, these wagering requirements are designed to benefit the casino more than the player. Another thing worth knowing for a player is that the casino may set restrictions on the types and titles of games you can play with the bonus money in your account. Games with extremely low house edges contribute little or none towards meeting the wagering requirement, while games with bigger house edges contribute a lot. Therefore, it is important that players carefully read the terms and conditions of every deposit bonus that catches their eye so that they can make the most out of their online casino experience.
A deposit bonus is a bonus that you’ll receive after making a deposit. A deposit bonus can take the form of a match bonus, reload bonus, cash bonus, free spins bonus, sticky bonus, and more.
A deposit match bonus will be offered to you after making a deposit. If you have any doubt regarding the deposit bonus, you can contact the casino’s customer support team and they’ll assist you with the availability of the bonus and the terms of getting it.
The percentage that you receive varies from one casino to another. The majority of online casinos offer a deposit bonus of up to 200% match.
The working of a match deposit bonus is simple. Let’s assume that you’re eligible for a 100% deposit match bonus. So, if you add £10 into your casino account, then you’ll get another £10, making your total bankroll £20.