Deposit Bonuses at Online Casinos
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For you to play at online casinos and make money, you have to deposit money to your player account. There are cashier departments in online casinos that set up the...
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Online Casinos with Best Deposit Bonus
Just as brick-and-mortar casinos do, online companies try to attract new customers with special promotions. Almost every operator provides new players with a deposit bonus the first time that they fund their accounts.
These bonuses usually match a percentage of the sum deposited up to a pre-stated maximum amount. For instance, if you encounter an advert promising, “200 percent up to $500 on your first deposit,” then whatever amount you put into your account will be doubled and awarded to you as a bonus. If you deposit $250 or more, then you'll be entitled to the maximum possible bonus amount of $500. First deposit bonuses are also sometimes called welcome bonuses or sign-up bonuses.
Some of these bonuses require that you enter a code into the cashier when you make your deposit. Other bonuses will be added to your account automatically. In a few cases, you have to contact support and request that the bonus be manually credited to your balance.
Casinos with good deposit bonuses
Most casinos are having some sort of deposit bonus since it's a way to intrigue a player to make a deposit which of course is in casinos business model to make that happen. Casinoguide.nz is a site we, ourselves, are visiting a lot to get inspiration and great bonuses, they have been reviewing Spin Palace and their bonus program.
What is a Deposit Bonus?
Deposit bonuses are rewards given by casinos to players as an appreciation for committing financially. Mostly, these bonuses usually are calculated as a certain percentage of the deposited amount. For instance, if you load $100 in your account with a bonus percentage of 50%, then the reward bonus plus deposit will be $150! Other times the deposit-bonuses are usually a fixed amount. Different casinos offer different types of bonuses; some may offer a bonus only after depositing the first time, and others will provide reload bonuses for subsequent deposits.
A deposit free spins bonus is a type of deposit bonus where you are given a number of free spins after making a deposit. Another type of deposit bonus is the deposit bonus mobile casinos which is a deposit bonus given after making a deposit in a mobile casino app or using a casino’s mobile app.
How do I receive a deposit bonus?
In almost all casinos, with the very first deposit, a bonus is deposited into your account. Other subsequent deposits may also attract sizeable bonuses. To receive a deposit bonus, when making a deposit, you may be required to input a bonus code, tick a box to claim the bonus or you may be required to send a request to customer support. In rare cases, a form with mailing details may be required. Please note that it is also possible to decline or accept a bonus while making a deposit.
How does a deposit bonus work?
For starters, receiving a bonus requires making a deposit above or at the minimum deposit threshold. For a specified amount of cash deposited in a casino might give a cash-bonus specified for that specifically fixed deposit. Other casinos just offer percentage-based bonuses which regularly range from 50% to 200% of the amount deposited. For instance, an online casino may offer $100 when you make a deposit at or higher than $200. Another online casino may also offer a deposit bonus where you will be given a 100% bonus for deposits up $2000. Meaning, if you go ahead and deposit $2000, you will get an additional $2000 and hence your account will reflect $4000.
Wagering requirement for deposit bonuses
Deposit bonuses, just like any other bonus, can’t be withdrawn before a set of conditions are met. One of such conditions is the wagering requirement. Well, the wagering requirement is basically the number of times that you must turn over the bonus before you are eligible for a withdrawal. For example, if you get $500 bonus and the casino has set a 30 times wagering requirement, you must wager a cumulative total of $15,000 to be able to make a withdrawal.
Technically, deposit bonuses increase the amount of money in your account for wagering, thereby increasing your chances of winning because of significantly reduced financial risks.
In conclusion, it is always advisable to check if your bonuses have expiry duration. If you fail to meet the wagering requirement of a deposit bonus before the said duration, your bonus plus any accrued winnings are forfeited.
How to Deposit – Step by Step Guide
To be able to play your favorite online pokie, you must deposit funds into your account. That being said, the banking process is arguably the most important undertaking before jumpstarting your gaming career. Ideally, an online casino should be able to offer flexible, secure and an expedited banking process. You don’t want to wait a few days to use the deposited funds, or do you?
Obviously, you have to first navigate to the casino’s banking interface or the deposit page. Usually, the banking page can be accessed by clicking on the “my account” button on the main casino menu.
After navigating to the deposit page, you will be required to choose your preferred banking method. The number of banking options tends to vary from one casino to another but in most cases; you have to choose between bank transfer, credit/debit cards, ewallets or other custom payment methods.
Different payment methods attract different fees as well as currency conversion charges. Therefore you have to check the accompanying fees to avoid inconveniences when your deposit is processed by the casino. In addition, you have to check time estimates for the selected banking methods.
Fill the deposit form with relevant information. Usually, the casino may also require you to verify the payment method by sending/faxing relevant documents including utility bills.
After filling the required details, you will be required to input the amount of money you want to deposit. When deciding on the money to deposit you should factor in the banking fees and respective currency conversion rates if your account is not in New Zealand Dollars.
Review all the details and if everything is in order, click “submit”. The time it takes for your deposit to be processed will depend on the payment method chosen.
Different deposit options for online gambling
Cryptocurrency world continues to grow with each passing day and thanks to the cutting-edge blockchain technologies, bitcoin has been the latest addition to online casinos’ payment methods. To deposit using bitcoin, you only need a wallet and the deposit usually reflects on your gaming account after 3 confirmations.
Debit and credit cards are arguably the most used payment methods for online gambling. Coincidentally, most online casinos offer bonuses specifically tailored for deposits made using credit/debit cards. Deposit made using credit cards attract a deposit fee and usually reflect on your account instantly.
Another popular depositing option is wiring money directly from your bank account to your online casino. The only downside with this payment method is the fact that it may take up to 72 hours for the deposit to reflect on your account.
eWallets have revolutionized the online space and online gambling has not been left behind. Ewallets provide an extra layer of security since you don’t have to disclose sensitive financial information. eWallets accepted by NZ online casinos include skrill and Neteller.
Similar to eWallets, prepaid cards offer improved security but they may come with higher fees. The most common prepaid card accepted by NZ online casinos is the Paysafe Card.