Online Deposit Bonuses
For those who are accustomed to iGaming terminology, hearing of a Deposit Bonus is nothing new. However, for those who are new to online casino gaming, this term may require some explaining. A Deposit Bonus is one of the promotions offered by online casinos to players for making deposits into their accounts. It’s used as an incentive to not only get players to join a particular online casino but also to place real money deposits for their online gaming experience.
Deposit Bonus Advantages
As described above, a casino deposit bonus is a gift from the online casino to the player. It’s basically a reward given for trusting the site enough to not only join but also to take a chance on the casino’s offerings by choosing to stake hard-earned cash on your preferred games. As such, online casinos need to make it a very juicy offer so that players feel comfortable with making real money wagers while on the platform. And they do, as a Deposit Bonus automatically adds to the amount of money you deposited to play with. So if you don’t have a lot of money to play with, fear not. With the Deposit Bonus, so long as you make the minimum deposit amount required, then you will be eligible to redeem the extra casino credits to play with.
Types Of Deposit Bonuses
A Deposit Bonus can be presented in a number of ways. Yes, you are required to make a minimum stipulated deposit. Then what? Depending on the online casino you’ve signed up to, the Deposit Bonus is likely to vary. There are deposit bonuses that come when you initially sign up, also referred to as the welcome or sign up bonus. These are strictly for new players to an online casino. They may come in the form of a specified amount, for instance, deposit a minimum of $50 and receive a bonus of $5. It can come as a matched percentage of your deposited amount, for instance, get 100% up to $100 meaning for $100 you get to play with $200. Also, you may be awarded free spins for use on specified pokies at a casino.
A Deposit Bonus doesn’t always have to be a one time offer for signing up. Some casinos offer them in tiered levels, usually up to the 4th or 5th consecutive deposit. There are also online casinos that will offer their players a Deposit Bonus even if they are not new to the site. This helps cultivate customer loyalty by encouraging them to visit the site often to receive offers. They may be daily free spins, weekly free casino credits or even bi-weekly matched bonuses all awarded to players who ensure that they place the minimum requested deposits at the requested time in order to qualify for the offer they’d like. So always read the fine print to make sure you’re getting the right bonus for you.
Requirements For Deposit Bonuses
Online casinos are there to make money, same as any other business. The same applies to the bonuses they award. You may be wondering why they would have promotions that have the potential to earn you a lot more than you deposited on the site. Wonder no more. For every Deposit Bonus and any other online casino bonus, there are terms attached to them also known as wagering requirements. For you to be able to qualify for, use and withdraw made from a Deposit Bonus, you must fulfil the wagering requirements stated by the online casino you chose. Some are easy to complete and others not so much, it all depends on the individual. However, with deposit bonuses, the first requirement is that you deposit the amount asked for using the payment method preferred by the casino.
The frequently mentioned Deposit Bonus requirements are the minimum amount to be deposited, the number of times the Deposit Bonus winnings must be wagered before players can withdraw what they’ve earned, the mode of depositing money into your casino account, the games the bonus is to be used on, and the validity period of the bonus. Understanding how wagering requirements work makes it easy for players, whether pros or iGaming newbies, to understand any new bonus they come across. Also, it’s important to note that the more enticing the bonus offered is, the more difficult it becomes to fulfil the wagering requirements. All these terms are necessary so as to help create a balance between the casino making money and its players winning.
Summary On The Deposit Bonus
If you were new to the term Deposit Bonus when you started reading this, now you are aware of what it is as well as what it takes to qualify for one. iGaming can either make you happy with multiple winning streaks or the very opposite if you’re not careful. Whenever you’re looking for an online casino to join and get yourself a Deposit Bonus, always get your advice and tips from a reputable information site such as casinoreviews.nz where you can even get exclusive bonuses at reputable casinos. As many legit casinos as there are out there, there are also a fair share of scammer sites waiting to prey on those who are looking to make quick money without doing the necessary research first.
So what are you waiting for? Go ahead and browse through the list of internationally renowned online casinos that accept New Zealand players and get yourself an amazing Deposit Bonus today to get you started off. It might just be your lucky day.