Deposit Casino Bonus
Deposit casino bonus information. Deposit casino bonus wagering requirements, what games can be played with a deposit casino bonus? Ongoing and special casino bonuses.
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Why Do Casinos Give Away Bonus Funds?
There are many reasons why a casino will advertise that they give you a first and ongoing deposit bonus. This ranges in size from 100% on the first deposit to 500% over the first five deposits, or 200%, 300% only on the first deposits. There are many way of skinning this online "deposit casino bonus" cat. Suffice it to say that the first deposit bonus is something that all online casinos do, it is only the size and way to claim which varies, and they do this as a marketing exercise, as an incentive for members to join their site.
The chief factor which dictates how much the casino gives away is how badly they need members to join the site. For example you won't find a big brand name like Ladbrokes giving away thousands of pounds - they don't need to. They have a great deal of money behind them, they don't need to tie members up in complicated wagering requirements, and if you are a high roller, you contact them personally and make your own special bonus deal with them.
Deposit Casino Bonus Size
The size of a deposit casino bonus varies from site to site, there is no set standard, and every casino does their own thing. While some sites offer 100% up to $100, others will offer 300% up to $3 000 and even more. Take care what you are doing when you take advantage of any casino bonus. Others will offer $7 000 over the next 10 months, there are many ways of dealing with it; bigger in this instance is not necessarily better!
Deposit Casino Bonus Wagering Requirements
Wagering requirements have to be met before withdrawals of winnings may be made, and this means if you have taken advantage of a 100% deposit bonus valued at a maximum amount of $1000. Your wagering requirements will be hectic, and you may lose all this bonus money. If the wagering requirement on this bonus is 15 x for you to be able to either withdraw or hold onto the bonus you earned by making a deposit, before you are able to make a withdrawal you will have to wager $15 000.
It is wise to err on the side of caution and only make the minimum deposit amount required to qualify for the deposit casino bonus. In this instance a $20 dollar minimum would see you get a $20 bonus, it is sufficient, or you will be paying the price of greed. Unless you are an unusually large high roller, keep your bonus claims within the realms of reality, which should be your own affordability.
What Games Can Be Played With a Deposit Casino Bonus?
Beware, most casinos limit you to playing certain games with your bonus funds. Some may only allow you to play low stakes slots games and others may place a cap on the winnings you are able to make with bonus funds. This is not as bad as it may seem, remember it is free money anyway and if you have wagered $100 of your bonus funds to win $200 in cash on a slots game, it's really a very good deal. Unfortunately because of misunderstandings regarding bonus funds, these are what causes the most disputes at online casinos - be happy you are getting something for nothing, you won't find this happening at many other entertainment facilities!
Ongoing Deposit Casino Bonus
As well as a first deposit bonus, a casino will also offer an ongoing deposit bonus; this may or may not be tied into your first deposit. In general, the same rules which affect your first deposit bonus, affect your ongoing bonus. Often these bonus funds are divided between phantom funds and sticky funds. In the case of phantom bonus funds, if they have not been spent before a withdrawal is made, they will be lost on withdrawal. In the case of sticky funds, you can make a withdrawal and safely come back to find these funds in your bonus account after a withdrawal is made. If you are unsure, ask the customer service department of your casino first and let them clarify the issue.
Special Bonus Funds
Special bonuses called comp points are awarded for playing games, in chat games, participating in team events or tournaments and all kinds of different activities. These are generally relative to your loyalty levels and should not be lost when a withdrawal is made.
Conclusion
Always ask questions and check with the site, you can never ask too many questions, and this can even be done before deciding to join an online casino. Even if you are already a member and you have managed to stack up a whole bunch of bonuses which you haven't used, ask first before making a withdrawal. If you are destined to lose your bonuses by making a withdrawal, go on a bonus spending fest and spend them first - it will be fun, and if not, why not? Also uses sources such as New Casino Bonus to help you find the best bonus sites and solutions.