Almost all casinos on the Web offer players a first deposit bonus. This kind of a casino bonus is given to a new player as soon as he/she makes the first deposit. The first deposit bonus is also called a sign up bonus or a welcome bonus. To get it you have to register at a chosen online casino as a Real Account holder. This bonus can vary from $50 to several thousand dollars. As a rule, the sign up bonus is a match bonus meaning the online casino uses a deposit match percentage to give you this bonus. This percentage also varies from 25% to 500% and even more. This percentage works as follows.
Assume, the casino offers a 100% match bonus up to $100. This means when you deposit $100 the casino will give you another $100 and your bankroll will be $200. If your first deposit is $50, you will receive $50 as a bonus and will play with $100. If you are given a 200% match bonus and you deposit $100 you will get the $200 first deposit bonus and your bankroll will be $300, etc.
There are online casinos which offer ongoing (staggered) sign up bonuses meaning you get a bonus on the first two, three or more first deposits. The ongoing casino bonus usually offers a larger amount of free money.
The first deposit bonuses can be cashable that means it can be received together with the player’s winnings after fulfilling casino’s wagering requirements. There are also play or sticky bonuses. This means the bonus is given only for wagering purposes and can’t be cashed out; the player can only withdraw the winnings.
There are casinos, for example All Slots or All Jackpots that offer welcome packages which include a number of different bonuses.
Note: to be eligible for the bonus you must meet prescribed casino requirements.
Every casino sets a number of conditions, for example:
- open your casino account;
- make the minimum deposit amount; usually it is $20.
Before cashing out you must fulfil wagering requirements, otherwise you will lose your bonus and your winnings as well. They vary from a casino to a casino and you’d better read them before claiming any bonus since they can be very high and you will have little chance to fulfil them.
Typically the wagering requirements can only be fulfilled when you play on slots, scratch card, keno or other lottery type games.
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