Promotions are one of the main ways to attract new clients to gambling websites. Casino administrations know this fact and try to offer the most luring bonuses. Each casino develops unique offers.
How to Claim the First Deposit Bonus?
A first deposit bonus is a reward for newly registered casino players. It is activated upon making the first investment into the game account. To qualify for the promotion, newbies should replenish accounts for a minimum sum of money. Usually, online casinos set minimum limits ranging from $10 up to $35. $20-$25 are the most common replenishments.
Some websites also set additional requirements for promotion activation. This can be:
– Entering a promo code. While some casinos do not require meeting this condition and calculate the bonus size automatically upon crediting money to game accounts, others oblige players to enter special codes. Otherwise, bonuses are not activated.
– Depositing via particular payment systems. Some casinos provide bonuses for players who replenish accounts via, for example, crypto or particular e-wallets. Yet, this requirement is more common for reload bonuses.
Reasons “For” Claiming the Bonus
The first deposit bonus is beneficial due to the following features:
– Its minimum size is 100%. Some casinos offer up to 200% or even 225%-250%. Thus, it is an excellent opportunity to double or even triple your initial investment.
– Many casinos attach free spins as well. Thus, in addition to the cash bonus, players can try slots without risking their funds.
– Some administrations offer Sign-up packs. These are sets of promotions that are valid not only for the first replenishment but on several investments in a row. For example, 100% on the 1st deposit, 50% on the 2nd replenishment, and 150% on the 3rd investment.
– By claiming a significant bonus, players can try more games. Thus, they get more chances to play, meaning that potentially they can gain more prizes.
Reasons “Against” Activating the Promotion
While there are lots of benefits, the first deposit bonus also has drawbacks. These are:
– A wagering (or rollover) policy. This is the main con of using any bonus, including the Sign-up promo. The rollover policy is a set of obligatory requirements to be set to enable the money withdrawal function. The thing is that until you satisfy these requirements, it is forbidden to cash out bonus winnings.
Each casino sets its own rollover policy. And it requires thorough consideration. While some casinos offer reasonable and affordable policies, some websites have too high requirements that can be hardly met. 35x-40x are the most optimal wagers. 45x and more are high; it will be difficult to meet such requirements. Remember that the lower the wager is, the easier it will be to wager funds. So, it is worth studying the rollover policy before activating promotions.
– Max bonus size. This is a negative size for high rollers who want to deposit huge sums. The thing is that the max bonus size is limited. For example, players can get 100% up to $1.000. It means that if you deposit $2.000 (with 100% of the sum being $2.000), you still get just $1.000.
– Max bet size. Most casinos also limit the max bonus size for wagering. It means that players can’t bet more than it is set.
– Validity. Usually, the bonus validation period is limited. Some websites allow using it for a month, while others activate the reward for just 7 or 14 days.
To conclude, note that the first deposit bonus is able to multiply your chances to play and gain more. Still, it is worth claiming it only after a thorough study of wagering requirements. If the wager is affordable, then you can freely active the promotion.
