What is a Deposit Bonus?
A deposit bonus is any bonus offer extended to you that requires you to deposit before the perks are added. The most common form of Deposit Bonus is the Match Bonus, which are the most popular casino promotions extended to players across the networks of online casinos. It’s a bonus where the casino offers to meet you halfway in an attempt to extend your bankroll management and maximise your time playing games on their site. These bonuses work in favour of you and the site.
In order to claim these bonus fund offers, you will be required to place an initial deposit. The casino will then meet your deposit up to the percentage stipulated in the offer. A working example would look like this:
Deposit Match of 100% up to €100
In the above offer, the casino promises to match your deposit up to an amount of €100. So if you decide to deposit €50, the casino will extend you another €50 for free, effectively leaving you with a playable bankroll of €100.
What’s the Catch?
There is no catch when claiming the bonus. It truly is free credits, but they must be used to play casino games on the site. The bonus funds cannot be withdrawn.
If you intend to withdraw wins made with the bonus, you will need to satisfy the wagering requirements laid out in the terms and conditions of the offer. This means that you will need to wager the bonus amount through the casino a set number times before you can claim any benefit from the funds.
If the wagering requirement on the above €50 bonus were set to 40 times, then you would have to wager a total value of €2,000 (50x40) in bets at the casino before claiming any increase.
Be sure to read the terms and conditions of any offers in full before claiming any bonuses. You will need to familiarise yourself with any wagering requirements, withdrawal limits, and time limits involved in the promotion.
For the fairest offers around, take a look through the Deposit Bonus promotions on this CasinoWow page.