Best Deposit Bonuses for Online Casinos

Deposit Bonuses in the Casino – Worth to Claim?

Bonuses are vital part of any online casino, and there is a great variety of promotions available to players. Upon making a deposit, at your choice will be welcome bonus, crypto bonus, highroller bonus, or even cashback offer, and every promotion is different considering the value and applicable terms. So the question whether deposit bonuses are worth to claim, is definitely a good one to ask. We will try to provide a comprehensive answer for it.

To make it clear, any kind of bonus can increase the chances of winning because they provide more cash and free spins to play with. If you can play longer with a bonus, you obviously have more chances of hitting a big win. That’s the first part. On the other hand, bonuses can be used as way to master your skills, try different tactics, strategies and explore more game providers. As you see, there are many benefits why deposit bonuses are worth to claim – and we mentioned only general reasons. It’s worth to mention that many online casinos offer personalized rewards to players, and such bonuses will match your play-style perfectly as they were created specially for you.

Different Casino Bonus Types Explained

As we pointed out already, there are many bonus types available in the online casinos. And all of them come with different terms and conditions, plus they all work differently – some bonuses are crediting cash, some free spins, and in case with cashback, the reward isn’t paid instantly. To navigate in the world of casino bonuses, you need to understand mechanics behind every offer you can claim. So, we will provide overview of the most popular bonus types.

Welcome Bonuses

Welcome bonus is the bonus type that is always provided to new players only. Sometimes it is known also as a first deposit bonus, or sign up bonus. Basically, online casinos create and offer welcome bonuses to exclusively reward newcomers and make every newbie feel special. Such offers are usually the biggest if compared with other rewards, and contain both – cash and free spins prizes. Players can participate in welcome bonus promotions only upon making first(s) deposits. If you make a first deposit and forget to claim the bonus, then you will not be allowed to activate it afterwards.

All welcome bonuses will be subject to significant terms and conditions. There will be wagering requirement to complete, and maximum bet limit (which is usually capped at €/$5). Welcome offers usually also have a maximum payout limit of x10 the bonus amount received.

Crypto Bonuses

Crypto bonuses, as the name speaks, are intended and provided to players who prefer to gamble using Bitcoin, Ethereum, Tether or similar cryptocurrencies. Such promotions you cannot activate by making a deposit using fiat currency, like EUR or USD, and therefore you cannot use standard payment methods. However, if you are aware how to use cryptocurrencies and understand all the benefits that crypto provide, you should definitely keep an eye on exclusive crypto bonuses that online casinos create. They are usually given separately from welcome bonus, and upon making first deposit you will need to select a proper bonus from the list. Crypto bonuses have similar terms and conditions as welcome bonuses.

Highroller Bonuses

Highroller bonuses, sometimes titled as VIP bonuses, will suit well all players who prefer to play with big capital. If you want to have increased bet limits, bigger payout limits, and generally speaking the bigger bonus amount – definitely consider taking highroller bonuses into the action. Unfortunately, not all online casino operators provide such bonuses to players, so its hard to find them. Usually, only premium class casinos feature VIP promotions, and they require a deposit of minimum €/$500 to claim. On the other side, highroller bonuses come with lower wagering requirement, so it’s easier to withdraw your winnings.

Cashback Bonuses

Cashback bonuses are very different and its hard to compare cashback promotions with any other. The thing is, you will not receive cashback instantly, like usual bonus – instead, it will be credited to your account balance at the end of the day, week or month. And the amount of cashback usually depends on how much you play – more you gamble, more the casino will repay. On average, cashback bonus ranges from 10% to up to 30%. And if compared with other bonuses, cashback deals have lower wagering requirement – traditionally the wager is just x3 or x5 for the cashback amount. and sometimes there is no wager at all.

If you play often in one particular online casino, it’s definitely a good idea to consider accepting cashback bonus. You will be always repaid some of the amount you spent on games, and you can later on claim this amount to continue playing or withdraw.

Overview of the Deposit Bonus Terms and Conditions

Now once we cleared up the difference between bonus types, its time to review some of the most important and default terms and conditions that are applicable to all casino bonuses. We will explain what is wagering, maximum bet limit, expiry time and cash out limits. Hopefully, you’ll find the text below useful – we’re doing our best to help every player to get the best possible game experience with bonuses.

Wagering, Rollover or Play-through Requirement

Wagering, rollover and play-through requirement mean the same thing and it’s the most important term for all bonuses. Generally speaking, wagering can be considered a minimum threshold players need to reach before it’s possible to transfer bonus funds into real money and withdraw. For example, if you make a deposit, claim bonus and receive extra €/$200 on top of your deposit, and the wagering requirement is set to x30, then you will need to place bets equal to €/$6000 before a cash out can be made.

Wagering requirement isn’t that easy to complete, but it’s definitely possible. The thing is, every bet that you make, will count towards wagering requirement – doesn’t matter whether you win or lose. That’s why it is recommended to play low volatility games to fulfill wager – playing such slots, there are higher chances that you will not lose whole balance before wagering is done. Low volatility means that you will win more bets, but payouts will be lower.

Maximum Bet Limit

Every deposit bonus that you will get, will have a maximum bet limit set. In most cases, you will not be able to place a bet worth more than €/$5 while playing with bonus funds. Rarely, the limit will bet set to €/$1 or €/$2. You should keep in mind this term, because if you try to play using higher bet, then you risk losing the bonus and all associated winnings automatically.

Maximum bet limit is usually active until you complete wagering requirement. Once you fulfill the wager, bet limit will be cancelled and you'll be able to place any bet amount you wish.

Bonus Amount Expiration Deadline

Bonuses are not lasting forever, and regardless of the type, they all have deadline for use. The term known as expiry time is important, because if you don’t use bonus on time, its gonna be automatically removed from your account – along with all winnings that you have generated. Due that, we advise to carefully read the terms and conditions and look for expiry deadline – most commonly, bonuses are given for a week (7 days) or 10 days use. Within give time-frame, you will need to fulfill the wagering requirement.

Cash Out Limits

This is the most vague term, because all bonuses will come with different cash out limits. In case with welcome bonus, max. payout is usually set to x10 the bonus amount originally received – but in case with highroller bonus or cashback, this limit might be increased. Even though we can’t provide you with ultimate list of cash out restrictions, we can recommend to check the general bonus terms before you claim any offer, and carefully read about payout limits. This will help you to avoid any issues with withdrawals later on.

Pros and Cons of Using a Deposit Bonus

Now, as we have completed explaining different bonus types and terms and relevant terms and conditions for them, its time to summarize things up and share the biggest pros and cons of using bonuses in the casino. Is it worth to claim any bonus at all, or whether it is better to just play with your own money and forget about bonuses in general? Lets think about it.

Biggest Pros and Highlights

Obviously, the biggest and most obvious reason why to play with a bonus – is additional cash or free spins you get upon activation. You can use rewards to increase your balance in the casino, and therefore increase the chances of winning. Second reason would be freedom of choice – there are many bonuses available, and there is a bonus for every taste. Either you prefer to get cash, earn free spins for popular slots, or receive pure cashback in case of lose, nowadays online casino operators are ready to fulfill all of its customer desires. For a third reason we can mention the “learning curve” – bonuses can be used as a nice way to explore different game providers, more games, and therefore try different game strategies and mechanics.

Cons to Consider

About the relevant cons. Well, first and foremost, wagering requirement is number one con to consider. Sometimes you won’t be able to complete the wager due to poor luck, and therefore the bonus will remain with incomplete wager – with no chance of turning it into cash and withdraw. Then, bet limit cap and maximum win limit can also have an impact on the game. If you want to be able to place bet worth more than €/$5 and cash out all your winnings – you will need to find such bonuses in the first place, because majority of them will have such strict limits implemented. These cons are definitely worth to remember, so make sure to take your time and consider whether the bonus is worth it.

Not all of them bonuses are good as they look, but there are promotions with fair and transparent terms available. We search for such bonus deals all the time, so make sure to check out our lists to find the best and most valuable offers released by top notch casino operators.

Top 3 Casinos With Great Starting Bonus Available

If you decided to play with a bonus and want to know some of the best options to claim, let us provide you with Top 3 Casinos that offer a great starting bonus to newcomers. The brands we select for our top list are all licensed operators that offer the best games to play, extensive choice of game providers, secure payment methods for deposits/withdrawals, and flawless support assistance in case you need it. Get familiar with our picks below, and we promise, you won't regret playing at our selected online casinos!