What is a Deposit Bonus?
A deposit bonus is when the casino gives you bonus house money as a thank you for making a deposit. Sometimes they match it 100%, sometimes it’s less. Some casinos even double or triple your money, though this doesn’t happen that often. One thing that is common, however, is a casino giving you a deposit bonus not just for your initial deposit, but for your second, third, and sometimes fourth and fifth, as well! In these instances, the bonuses you get with the later deposits are usually a fraction of the deposit amount. Either way, it’s still bonus cash!
First Deposit Match Bonus
Don’t go thinking that you can just get your first deposit match bonus and then cash out. That wouldn’t make any sense at all! The casino would go bankrupt in a matter of days. No, before you can cash out any of your money, you have to meet the wagering requirements. This means that you have to gamble so much money through the casino. If you have $100, and the wager requirement is 35x, then you have to gamble $3,500 before you can take the money and run. Do wagering requirements tend to be pretty steep? Yes they do. Are they impossible to meet? Not at all!
New Deposit Casino Bonus
You want to be looking specifically for a new deposit casino bonus. The newer the casino is, the more they have to prove. That means they’ll offer bigger, better bonuses. After all, they need to stand out in a very crowded industry. This is how the customers win! Competition is good! And while we’re not necessarily encouraging you to take the bonus and run, there’s certainly no shame in hopping around and collecting a bunch of bonuses!