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What is a Deposit Bonus


A deposit bonus is a very common way that an online casino or betting site offers you a bonus. They basically mean that you get extra money to play for if you choose to make a deposit that meets the requirements that exist. Deposit bonuses can either give you a certain percentage of your deposit in bonus money or they can give you a fixed amount of bonus money. Exactly how large deposit bonuses are varies a lot between different operators, but it can also differ a lot between different bonus offers at one and the same casino.

However, it is common for you to be offered between 50 percent to 200 percent on your deposit, the lower the percentage, the larger the amount in most cases. For example, you may be offered a 50 percent deposit bonus up to 8,000 where you get half of the amount you deposit up to the amount that the casino has decided in bonus money, in this case it is 8,000. You then need to deposit 16,000 to fully utilize the offer and receive a total of 24,000 in your gaming account. However, a higher percentage gives you more bonus money for less of your own money.

Deposit bonuses of 150 - 200 percent therefore usually apply to smaller amounts such as a couple of hundred up to 1,000. This is worth thinking about as an online casino that says they offer bonuses that give you up to $ 25,000 and the like usually uses very small percentages. Deposit bonuses can also be offered in the form of a fixed amount instead of a percentage. You will then usually be offered a smaller fixed amount such as 500 if you make a deposit of at least 200 or similar. This is something that you earn more on the less money you deposit, so if you are playing with a tight budget, it may be a good idea to look for online casinos and betting sites that offer fixed deposit bonuses.

It may sound like deposit bonuses mean that you get free money without any hitch from an online casino, but that is not really the case. Deposit bonuses usually come with so called wagering requirements, which is a kind of insurance for the casino. This means that you need to play for the amount you received in bonus money a certain number of times at the casino before you can withdraw your money. Turnover requirements exist to prevent players from simply withdrawing bonuses and then withdrawing the money immediately, which would lead to all casinos running out of money very quickly. There are deposit bonuses without wagering requirements, these are called turnover free bonuses and if nothing is mentioned about wagering requirements, it is safe to assume that wagering requirements apply to your bonus. If there are no requirements for the bonus, this is usually included in the offer in capital letters so that you can not miss it. So deposit bonuses mean that you get extra money to play for when you make a deposit. This is the type of bonus that most people are aware of and take advantage of.