What are deposit bonuses?
A deposit bonus is something quite common nowadays in casinos online. These are used to draw in new players or try to get existing players to make a deposit. Basically players are offered an additional sum of money based on how much money they deposit. As you can tell by the name, the first thing you need to do is make a deposit. The casino will then calculate how much bonus you’re awarded based on the percentage offered.
It’s quite simple to grasp the idea. Let’s imagine you deposit 100.00 and the casino offers you a 100% bonus for your deposit; you get 100.00 in addition to your 100.00. The rates may be different from casino to casino, but the way it works is all relatively similar. You’re in no way obliged to make a deposit, but certainly if you’re interested in playing in online casinos, you’ll get the best bang for your buck if you get a deposit bonus. The obvious advantage of the deposit bonus is that you’ll have more money to use to play and your chances of winning something will obviously be higher. The disadvantage is that you might be bound by some requirements while playing with bonus money, as seen at this site.
Other than deposit bonuses, there are also no-deposit bonuses which, as the name indicates, are bonuses that can be obtained without actually betting any money. These are mostly used to get new players. You’re basically getting free money. And you can win big even with just a little, as previous events have proven.
What do they win? Casinos bet on the fact that the no-deposit bonus and the experience this provides to the players will keep them playing, and hopefully they’ll add real cash to their accounts once they are out of the free cash they just got.
Deposit bonuses are a great and exciting way to attract new players, but you should carefully study them before betting your money.