What is a Deposit Bonus?
A deposit bonus is when a casino will give you house money on top of your deposit money. Generally, they’ll match your deposit 100%, so if you deposit $200, you’ll get $200 in house money. Stating the obvious, that will give you $400 to play with. A lot of casinos will give you bonuses on several of your initial deposits. Sometimes they'll go all the way up to the fifth deposit. The amount they give you will always be based on what you deposit, usually a different percentage for each deposit. Sometimes it will be 100%, other times it will be 25%. There will always be a cap, too, so you can’t just deposit a thousand dollars and expect a thousand back.
First Deposit Match Bonus
As mentioned earlier, the match bonus is one of the most common types of bonuses, probably edging out free spins. And while plenty of casinos will match several deposits, a lot of the time it’s strictly a first deposit match bonus. It’s important to keep in mind that once your deposit gets matched, you can’t just cash it out. That would be way too easy. There are always wagering requirements. These requirements mean that you have to bet the money so many times over before you can pull the money out.
New Deposit Casino Bonus
While the new deposit casino bonus is the most common form of deposit bonus, some casinos do offer these to returning players, too. Some casinos will give deposit bonuses on certain days of the week, usually on weekends, when most people are playing. And while deposit bonuses might not be as exciting as free spins, they still give you a fantastic kickstart to your gambling adventure. Just make sure to check out the wagering requirements beforehand so you know if it’s worth depositing a lot.