How Do Deposit Bonus Work On Online Casinos

Most online casinos will offer a welcome bonus to encourage players to come gamble on their online casino. Usually, all bonuses come in a deposit form. They could come in very handy but it is mandatory that you understand how they work to ensure that you get the most out of them.

They are various types of casino deposit bonuses that are available. Some are welcome bonuses, incentive bonuses, and high rollers bonuses. Even though they fall in the Matchup Bonus category, they are the most popular bonuses available at online casinos.

This is how the online casino bonuses work: you get awarded a certain percentage matchup on your deposit’s amount. The online casino puts a certain wagering requirement on the bonuses to reduce the chances of giving free money to players. Your account will be on hold until you meet the wagering requirements, meaning you won’t be able to withdraw any money until the requirements are met.

An obvious question that comes up is, what are the wagering requirements. Well, each casino has his own set of rules, but usually they all require you to wager a certain amount of money before being allowed to withdraw money. Let’s say the online casino is offering a 100% matchup worth up to $100, you decide to take advantage of the full amount, this will bring your account balance to $200. You will get your $100 deposit plus the $100 bonus.

Another scenario that can happen is if the online casino has a wagering requirement of 10x your wager plus the bonus, meaning that you will have to wager $2,000 to meet the requirements ($200 x 10 = $2,000). This could seem very complicated but put it this way, if you play Blackjack at $10 a hand, you will have to play 200 hands before meeting the requirements.

Always read the terms and conditions of an online casino to make sure that you are aware of all the bonus details before signing up. Whenever these deposit bonuses are used wisely, they can be an excellent way to increase your playing time and winnings.