Deposit Bonus

When looking to play casino for real money you should definitely consider finding a good deposit bonus or deposit required casino bonus to get started playing with a bigger bankroll than you can achieve just by making a casino deposit.

A deposit bonus is a bonus the online casino gives the player as extra credit which the player can use in any of the games in the casino. For example: The player makes a $100 deposit and gets a 100% casino match bonus as a new player (this is usually the type of casino welcome bonus or first deposit bonus new casino players get) and now the balance will show $200 that are available for the various casino games.

There’s a catch though, a casino deposit bonus, while being considered as “free money” it’s not. You can’t take the deposit bonus online casinos and request a cash out as otherwise all online casinos would go bankrupt.

So what is the catch?

The bonus money received from the casino is good to play with in any casino games. However in order to be able to withdraw that amount of money you will need to wager the amount (place bets) in certain games that are allowed in order to meet the wagering requirement for the bonus. Furthermore in some online casinos you can’t withdraw the deposit bonus at all, you can just play with it and it will be removed when requesting a cash out of your winnings. This type of bonus is called a non redeemable bonus, while a bonus that can be withdrawn when cashing out is called a redeemable bonus.

Let’s use the example above to understand the wagering requirement better:

The player made a $100 deposit and got $100 bonus that has a x10 wagering requirement the deposit and bonus amount – this means $200 must be wagered in the allowed games x10 times = $2000 wagers total.

Usually the games that are allowed for meeting the wagering requirements are slot machines and not 50-50 games such as roulette and other table and card games.

The player took his $200 and placed a $1 bet on a slot machine game – regardless of whether this bet won or lost, this player has now only $1999 left to wager in the allowed games.

On the positive side of things, a deposit bonus will give you a chance to play more games and spend more time in the casinos not mentioning a better chance to actually win (the more you play the better is your chance to win).

Please note that you can request for the automatic welcome bonus to be removed from your player account so that you will not be required to meet the wagering requirement. In case you request the welcome bonus or any deposit bonus for that matter to be removed from your account, you can cash out anytime you won’t without having to meet any terms.

Also note that if you do choose to accept the bonus and you wish to play games that are not within the allowed games for the wagering requirement (e.g. roulette), you can later wager on slot machines or other allowed games and meet the wagering requirements to be able to cash out.

Note that some deposit bonuses require a deposit bonus code that you need to obtain before you can claim the bonus.

You can find a variety of deposit bonuses offered by the various online casinos here on Casinoodle.