First Deposit Bonus in Online Casinos
Everybody loves a bonus, and that's why you'll notice that nearly every online casino runs a first deposit bonus deal. Deposit bonuses benefit both players and casinos. For players, they can significantly increase their bankroll and give them more opportunities to place bets. Giving players more money to enjoy more games is a win-win for both the players and the casino involved.
For casinos, first-time deposit bonuses can help entice new players, increase the amount of a player's initial deposit, and keep players playing at their online casino for longer. It also increases the chance that the player wins a few bets or hands, encouraging them to keep playing. The popularity of first deposit bonus offers has skyrocketed, so it can be hard to determine which ones provide the most value to your pocket, given how many there are. There are the less glamorous elements of first deposit bonuses like wagering requirements to look out for.
We'll go into more detail about wagering requirements further on, but for now, just know that strict wagering requirements can torpedo a solid first deposit bonus in real money. Not to worry, the team at SlotsUp.com has taken the time to look at some of the most popular deals and explain the ins and outs of initial deposit bonuses so that you can know how to find the best deal for you quickly.
Top Online Casinos with First Deposit Bonus
Affiliate Disclosure
Welcome Bonus by
325% up to 3000 EUR


The bonus package consists of 3 separate deposit bonuses
- Deposit #1: 150% up to 1000 EUR
- Deposit #2: 100% up to 1500 EUR
- Deposit #3: 70% up to 500 EUR
Minimum deposit to activate the bonus: 20 EUR.
Deposits below this amount don't qualify for receiving this bonus.
Maximum winnings from wagered bonus: Unlimited ∞
This means that the amount you can win using the bonus is unlimited.
For example, if you win 0 EUR or even 0 EUR, you can withdraw the entire amount once you meet the wagering requirements.
The bonus is valid for 10 days after activation.
This means that if you don't use the bonus and meet the wagering requirements within 10-days period after the bonus is activated and added to your account, the bonus will be deactivated and forfeited.
This bonus is sticky and not cashable
Sticky casino bonuses combine your deposit and bonus funds into a single balance.
This means you cannot withdraw any winnings until you meet the wagering requirements. \nYou can use the bonus to play and potentially increase your balance, but when you withdraw your funds, the bonus amount will be deducted from your total balance.
Wagering requirements: x40 for bonus. Game contributions apply.
You must wager a total of 40 times the bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 3000 EUR bonus, you’ll need to place bets totaling 120000 EUR (3000 * 40) throughout your gameplay before you can withdraw your winnings.
Contribution Requirements
Different game types may contribute differently according bonus terms and conditions:
- Slot 100%
Maximum bet: 5 EUR
Bets exceeding 5 EUR are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
150 Free Spins: 0 EUR per spin (total value 0 EUR). Restrictions apply.
- Free Spins are limited to 150 spins over a 0-day period.
This bonus has restrictions on game types
- This bonus is available only for game types: Slot + 23 game types
You must be 18 or older to visit Fanobet. Terms and conditions apply for bonuses. Gambling is for entertainment purposes, and players should always gamble responsibly. If you need assistance, please refer to our responsible game guide.
Welcome Bonus by
300% up to 400 USD


The bonus package consists of 2 separate deposit bonuses
- Deposit #1: 200% up to 200 USD
- Deposit #2: 200% up to 200 USD
Minimum deposit to activate the bonus: 20 USD.
Deposits below this amount don't qualify for receiving this bonus.
This bonus has restrictions on game types
- This bonus is available only for game types: Baccarat + 5 game types
You must be 18 or older to visit HunnyPlay. Terms and conditions apply for bonuses. Gambling is for entertainment purposes, and players should always gamble responsibly. If you need assistance, please refer to our responsible game guide.
Welcome Bonus by
up to 1500 USD + 150 Free Spins


The bonus package consists of 3 separate deposit bonuses
- Deposit #1: up to 500 USD + 70 Free Spins
- Deposit #2: up to 500 USD + 30 Free Spins
- Deposit #3: up to 500 USD + 50 Free Spins
Minimum deposit to activate the bonus: 10 USD.
Deposits below this amount don't qualify for receiving this bonus.
Maximum winnings from the wagered bonus: 40 times the bonus amount.
For example, if you received a 0 USD bonus, the maximum amount you can win and withdraw is 0 USD (after meeting the wagering requirements).
Any winnings exceeding this amount will be forfeited due to this requirement.
Maximum bet: 5 USD
Bets exceeding 5 USD are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
Minimum bet: 0.2 USD
You cannot place bets lower than 0.2 USD when playing with bonus funds. Any bet below this amount will not count towards meeting wagering requirements.
This bonus is sticky and not cashable
Sticky casino bonuses combine your deposit and bonus funds into a single balance.
This means you cannot withdraw any winnings until you meet the wagering requirements. \nYou can use the bonus to play and potentially increase your balance, but when you withdraw your funds, the bonus amount will be deducted from your total balance.
This bonus has restrictions on game types
- This bonus is available only for game types: Bingo + 9 game types
You must be 18 or older to visit Vulkan Vegas. Terms and conditions apply for bonuses. Gambling is for entertainment purposes, and players should always gamble responsibly. If you need assistance, please refer to our responsible game guide.
Welcome bonus by
205% Up to 250 USD + 150 Free Spins


The bonus package consists of 3 separate deposit bonuses
- Deposit #1: 100% Up to 100 USD + 100 Free Spins
- Deposit #2: 75% Up to 50 USD + 50 Free Spins
- Deposit #3: 30% Up to 100 USD + 0 Free Spins
Wagering requirements: x40 for bonus, x40 for bonus + deposit, x40 for free spins, x40 for free money and x40 for cashback money. Game contributions apply.
You must wager a total of 40 times the bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 250 USD bonus, you’ll need to place bets totaling 10000 USD (250 * 40) throughout your gameplay before you can withdraw your winnings.
But Bonus + Deposit have a different wagering requirement:
You must wager a total of 40 times the combined amount of the bonus and deposit to meet the requirement and withdraw your winnings.
For example, if you deposit 250 USD and receive a 250 USD bonus, you’ll need to place bets totaling 20000 USD ((250 + 250) * 40) throughout your gameplay before you can withdraw your winnings.
But Free Spins have a different wagering requirement:
You must wager a total of 40 times the winnings from your free spins to meet the requirement and withdraw your winnings.
For example, if you win 250 USD from free spins, you’ll need to place bets totaling 10000 USD (250 * 40) throughout your gameplay before you can withdraw your winnings.
But Free Money have a different wagering requirement:
You must wager a total of 40 times the free money bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 250 USD free money bonus, you’ll need to place bets totaling 10000 USD (250 * 40) throughout your gameplay before you can withdraw your winnings.
But Cashback have a different wagering requirement:
Cashback will be added to your account as bonus money.
This means you must wager a total of 40 times the cashback amount to meet the requirement and withdraw your winnings.
For example, if you receive 250 USD in cashback, you’ll need to place bets totaling 10000 USD (250 * 40) throughout your gameplay before you can withdraw your winnings.
Contribution Requirements
Different game types may contribute differently according bonus terms and conditions:
This bonus is sticky and not cashable
Sticky casino bonuses combine your deposit and bonus funds into a single balance.
This means you cannot withdraw any winnings until you meet the wagering requirements. \nYou can use the bonus to play and potentially increase your balance, but when you withdraw your funds, the bonus amount will be deducted from your total balance.
Maximum winnings from wagered bonus: Unlimited ∞
This means that the amount you can win using the bonus is unlimited.
For example, if you win 0 USD or even 0 USD, you can withdraw the entire amount once you meet the wagering requirements.
The bonus is valid for 14 days after activation.
This means that if you don't use the bonus and meet the wagering requirements within 14-days period after the bonus is activated and added to your account, the bonus will be deactivated and forfeited.
Minimum deposit to activate the bonus: 20 USD.
Deposits below this amount don't qualify for receiving this bonus.
Maximum bet: 5 USD
Bets exceeding 5 USD are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
This bonus has restrictions on game types
- This bonus is available only for game types: Video Poker + 29 game types
You must be 18 or older to visit Avalon78. Terms and conditions apply for bonuses. Gambling is for entertainment purposes, and players should always gamble responsibly. If you need assistance, please refer to our responsible game guide.
Welcome bonus by
up to 100 USD + 50 Free Spins


50 Free Spins: 0 USD per spin (total value 0 USD). Restrictions apply.
- Free Spins are limited to 50 spins over a 0-day period.
This bonus is sticky and not cashable
Sticky casino bonuses combine your deposit and bonus funds into a single balance.
This means you cannot withdraw any winnings until you meet the wagering requirements. \nYou can use the bonus to play and potentially increase your balance, but when you withdraw your funds, the bonus amount will be deducted from your total balance.
Maximum winnings from wagered bonus: Unlimited ∞
This means that the amount you can win using the bonus is unlimited.
For example, if you win 0 USD or even 0 USD, you can withdraw the entire amount once you meet the wagering requirements.
Minimum bet: 0.1 USD
You cannot place bets lower than 0.1 USD when playing with bonus funds. Any bet below this amount will not count towards meeting wagering requirements.
Maximum bet: 5 USD
Bets exceeding 5 USD are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
The bonus is valid for 3 days after activation.
This means that if you don't use the bonus and meet the wagering requirements within 3-days period after the bonus is activated and added to your account, the bonus will be deactivated and forfeited.
Minimum deposit to activate the bonus: 10 USD.
Deposits below this amount don't qualify for receiving this bonus.
No game restrictions for this bonus.
-
You must be 18 or older to visit SlotsMagic. Terms and conditions apply for bonuses. Gambling is for entertainment purposes, and players should always gamble responsibly. If you need assistance, please refer to our responsible game guide.
Welcome bonus by
up to 300 EUR + 150 Free Spins


The bonus package consists of 2 separate deposit bonuses
- Deposit #1: up to 150 EUR + 100 Free Spins
- Deposit #2: up to 150 EUR + 50 Free Spins
Wagering requirements: x40 for bonus, x40 for bonus + deposit, x40 for free spins, x40 for free money and x40 for cashback money. Game contributions apply.
You must wager a total of 40 times the bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 300 EUR bonus, you’ll need to place bets totaling 12000 EUR (300 * 40) throughout your gameplay before you can withdraw your winnings.
But Bonus + Deposit have a different wagering requirement:
You must wager a total of 40 times the combined amount of the bonus and deposit to meet the requirement and withdraw your winnings.
For example, if you deposit 300 EUR and receive a 300 EUR bonus, you’ll need to place bets totaling 24000 EUR ((300 + 300) * 40) throughout your gameplay before you can withdraw your winnings.
But Free Spins have a different wagering requirement:
You must wager a total of 40 times the winnings from your free spins to meet the requirement and withdraw your winnings.
For example, if you win 300 EUR from free spins, you’ll need to place bets totaling 12000 EUR (300 * 40) throughout your gameplay before you can withdraw your winnings.
But Free Money have a different wagering requirement:
You must wager a total of 40 times the free money bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 300 EUR free money bonus, you’ll need to place bets totaling 12000 EUR (300 * 40) throughout your gameplay before you can withdraw your winnings.
But Cashback have a different wagering requirement:
Cashback will be added to your account as bonus money.
This means you must wager a total of 40 times the cashback amount to meet the requirement and withdraw your winnings.
For example, if you receive 300 EUR in cashback, you’ll need to place bets totaling 12000 EUR (300 * 40) throughout your gameplay before you can withdraw your winnings.
Contribution Requirements
Different game types may contribute differently according bonus terms and conditions:
This bonus is sticky and not cashable
Sticky casino bonuses combine your deposit and bonus funds into a single balance.
This means you cannot withdraw any winnings until you meet the wagering requirements. \nYou can use the bonus to play and potentially increase your balance, but when you withdraw your funds, the bonus amount will be deducted from your total balance.
Minimum deposit to activate the bonus: 20 EUR.
Deposits below this amount don't qualify for receiving this bonus.
Maximum bet: 5 EUR
Bets exceeding 5 EUR are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
Maximum winnings from wagered bonus: Unlimited ∞
This means that the amount you can win using the bonus is unlimited.
For example, if you win 0 EUR or even 0 EUR, you can withdraw the entire amount once you meet the wagering requirements.
This bonus has restrictions on game types
- This bonus is available only for game types: Video Poker + 26 game types
You must be 18 or older to visit Betamo. Terms and conditions apply for bonuses. Gambling is for entertainment purposes, and players should always gamble responsibly. If you need assistance, please refer to our responsible game guide.
Welcome bonus by
370% up to 2000 EUR


Warnings (1)
- The welcome bonus is only available for cryptocurrency deposits.
The bonus package consists of 3 separate deposit bonuses
- Deposit #1: 150% up to 1000 EUR
- Deposit #2: 120% up to 500 EUR
- Deposit #3: 100% up to 500 EUR
Minimum deposit to activate the bonus: 20 EUR.
Deposits below this amount don't qualify for receiving this bonus.
Wagering requirements: x40 for bonus. Game contributions apply.
You must wager a total of 40 times the bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 2000 EUR bonus, you’ll need to place bets totaling 80000 EUR (2000 * 40) throughout your gameplay before you can withdraw your winnings.
Contribution Requirements
Different game types may contribute differently according bonus terms and conditions:
Maximum bet: 5 EUR
Bets exceeding 5 EUR are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
The bonus is valid for 30 days after activation.
This means that if you don't use the bonus and meet the wagering requirements within 30-days period after the bonus is activated and added to your account, the bonus will be deactivated and forfeited.
This bonus is sticky and not cashable
Sticky casino bonuses combine your deposit and bonus funds into a single balance.
This means you cannot withdraw any winnings until you meet the wagering requirements. \nYou can use the bonus to play and potentially increase your balance, but when you withdraw your funds, the bonus amount will be deducted from your total balance.
This bonus has restrictions on game types
- This bonus is available only for game types: Dice & Craps + 6 game types
You must be 18 or older to visit 31bet. Terms and conditions apply for bonuses. Gambling is for entertainment purposes, and players should always gamble responsibly. If you need assistance, please refer to our responsible game guide.
Welcome bonus by
375% up to 8000 USD and 150 Free Spins


Warnings (2)
- First deposit free spins are only valid for Candy Monsta (BGaming).
- Second deposit free spins are only valid for Johnny Cash (BGaming).
The bonus package consists of 4 separate deposit bonuses
- Deposit #1: 100% up to 5 USD and 150 Free Spins
- Deposit #2: 100% up to 1.25 USD and 100 Free Spins
- Deposit #3: 50% up to 1.25 USD and 0 Free Spins
- Deposit #4: 100% up to 1 USD and 0 Free Spins
Minimum deposit to activate the bonus: 20 USD.
Deposits below this amount don't qualify for receiving this bonus.
Wagering requirements: x35 for bonus and x35 for free spins. Game contributions apply.
You must wager a total of 35 times the bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 8000 USD bonus, you’ll need to place bets totaling 280000 USD (8000 * 35) throughout your gameplay before you can withdraw your winnings.
But Free Spins have a different wagering requirement:
You must wager a total of 35 times the winnings from your free spins to meet the requirement and withdraw your winnings.
For example, if you win 8000 USD from free spins, you’ll need to place bets totaling 280000 USD (8000 * 35) throughout your gameplay before you can withdraw your winnings.
Contribution Requirements
Different game types may contribute differently according bonus terms and conditions:
- Slot 100%
- American Roulette 5%
- American Blackjack 5%
- Keno 5%
Maximum bet: 5 USD
Bets exceeding 5 USD are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
150 Free Spins: 0 USD per spin (total value 0 USD). Restrictions apply.
- Free spins are valid and available for 14 days after bonus activation.
- Free Spins are limited to 150 spins over a 1-day period.
The bonus is valid for 14 days after activation.
This means that if you don't use the bonus and meet the wagering requirements within 14-days period after the bonus is activated and added to your account, the bonus will be deactivated and forfeited.
This bonus is sticky and not cashable
Sticky casino bonuses combine your deposit and bonus funds into a single balance.
This means you cannot withdraw any winnings until you meet the wagering requirements. \nYou can use the bonus to play and potentially increase your balance, but when you withdraw your funds, the bonus amount will be deducted from your total balance.
Maximum winnings from the wagered bonus: 100 USD.
For example, if you win 140 USD from free spins, you will only be able to withdraw 100 USD (after meeting the wagering requirements), and the remaining 40 USD will be forfeited due to this requirement.
This bonus has restrictions on game types
- This bonus is available only for game types: Video Poker + 7 game types
You must be 18 or older to visit Mirax. Terms and conditions apply for bonuses. Gambling is for entertainment purposes, and players should always gamble responsibly. If you need assistance, please refer to our responsible game guide.
Welcome bonus by
325% up to 4000 USD and 200 Free Spins


Warnings (2)
- Free spins will be added in Olympus Trueways, All-Star Fruits, Joker's Million, Plinko 2, Wild West Trueways, Wolf Spins 243, Werewolf's Night, Book of All Ways, Hold the Gold.
- Free spins need to be activated in the promo section of your account.
The bonus package consists of 4 separate deposit bonuses
- Deposit #1: 100% up to 1000 USD and 150 Free Spins
- Deposit #2: 75% up to 1000 USD and 0 Free Spins
- Deposit #3: 50% up to 1000 USD and 50 Free Spins
- Deposit #4: 100% up to 1000 USD and 0 Free Spins
Minimum deposit to activate the bonus: 20 USD.
Deposits below this amount don't qualify for receiving this bonus.
Wagering requirements: x40 for bonus and x40 for free spins. Game contributions apply.
You must wager a total of 40 times the bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 4000 USD bonus, you’ll need to place bets totaling 160000 USD (4000 * 40) throughout your gameplay before you can withdraw your winnings.
But Free Spins have a different wagering requirement:
You must wager a total of 40 times the winnings from your free spins to meet the requirement and withdraw your winnings.
For example, if you win 4000 USD from free spins, you’ll need to place bets totaling 160000 USD (4000 * 40) throughout your gameplay before you can withdraw your winnings.
Contribution Requirements
Different game types may contribute differently according bonus terms and conditions:
- Slot 100%
- Baccarat 5%
- Blackjack 5%
- Video Poker 5%
- Roulette 5%
Maximum bet: 5 USD
Bets exceeding 5 USD are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
200 Free Spins: 0 USD per spin (total value 0 USD). Restrictions apply.
- Free spins are valid and available for 5 days after bonus activation.
- Free Spins are limited to 200 spins over a 4-day period.
The bonus is valid for 5 days after activation.
This means that if you don't use the bonus and meet the wagering requirements within 5-days period after the bonus is activated and added to your account, the bonus will be deactivated and forfeited.
This bonus is sticky and not cashable
Sticky casino bonuses combine your deposit and bonus funds into a single balance.
This means you cannot withdraw any winnings until you meet the wagering requirements. \nYou can use the bonus to play and potentially increase your balance, but when you withdraw your funds, the bonus amount will be deducted from your total balance.
This bonus has restrictions on game types
- This bonus is available only for game types: Baccarat + 4 game types
You must be 18 or older to visit Oshi. Terms and conditions apply for bonuses. Gambling is for entertainment purposes, and players should always gamble responsibly. If you need assistance, please refer to our responsible game guide.
Welcome bonus by
Captain Spins information
400% up to 1200 EUR and 260 Free Spins


Warnings (2)
- Bonus spins can only be played on Book of Dead.
- Deposits made via Skrill or Neteller are not eligible for the welcome bonus and if taken, the casino reserves the right to confiscate all winnings.
The bonus package consists of 4 separate deposit bonuses
- Deposit #1: 100% up to 300 EUR and 50 Free Spins
- Deposit #2: 100% up to 300 EUR and 60 Free Spins
- Deposit #3: 100% up to 300 EUR and 70 Free Spins
- Deposit #4: 100% up to 300 EUR and 80 Free Spins
Minimum deposit to activate the bonus: 10 EUR.
Deposits below this amount don't qualify for receiving this bonus.
Wagering requirements: x35 for bonus + deposit. Game contributions apply.
You must wager a total of 35 times the combined amount of the bonus and deposit to meet the requirement and withdraw your winnings.
For example, if you deposit 1200 EUR and receive a 1200 EUR bonus, you’ll need to place bets totaling 84000 EUR ((1200 + 1200) * 35) throughout your gameplay before you can withdraw your winnings.
Contribution Requirements
Different game types may contribute differently according bonus terms and conditions:
- Slot 100%
- Scratch Card 100%
- Keno 100%
Maximum bet: 5 EUR
Bets exceeding 5 EUR are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
260 Free Spins: 0.1 EUR per spin (total value 26 EUR). Restrictions apply.
- Free spins are valid and available for 10 days after bonus activation.
- Free Spins are limited to 260 spins over a 1-day period.
The bonus is valid for 30 days after activation.
This means that if you don't use the bonus and meet the wagering requirements within 30-days period after the bonus is activated and added to your account, the bonus will be deactivated and forfeited.
This bonus is sticky and not cashable
Sticky casino bonuses combine your deposit and bonus funds into a single balance.
This means you cannot withdraw any winnings until you meet the wagering requirements. \nYou can use the bonus to play and potentially increase your balance, but when you withdraw your funds, the bonus amount will be deducted from your total balance.
Maximum winnings from the wagered bonus: 260 EUR.
For example, if you win 360 EUR from free spins, you will only be able to withdraw 260 EUR (after meeting the wagering requirements), and the remaining 100 EUR will be forfeited due to this requirement.
This bonus has restrictions on game types
- This bonus is available only for game types: Slot + 7 game types
You must be 18 or older to visit Captain Spins. Terms and conditions apply for bonuses. Gambling is for entertainment purposes, and players should always gamble responsibly. If you need assistance, please refer to our responsible game guide.
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Everything You Need to Know About First Deposit Bonus
One of the unique elements of online casinos is the shared nature of a first deposit bonus in a casino or online betting venue. They're almost everywhere, so it's vital to understand deposit bonuses in their entirety, including game-specific stipulations or wagering requirements.
Each casino has its own deposit bonuses, some that are casino-wide and some that are game-specific. Casino-wide initial deposit bonuses can typically be used at any game, and at times those bonus funds in your bankroll are restricted from being played on specific games. The initial deposit fine print is essential, so don't ignore it!
What Exactly is First Deposit Bonus?
You'll see first deposit bonus offers everywhere, so let's start off on the right foot and make sure you understand precisely what a first deposit is and who is eligible for it. To receive the deposit bonus, it must be your first deposit, so in essence, you must be a new player at the casino to receive a first deposit bonus. While you might think an easy way to bypass this is to create multiple accounts, we'll be the first to tell you: that's a terrible idea.
Casinos have detection software to look at similarities between player accounts. When (not if) they catch you, in the best-case scenario, they close all your player accounts, forfeit the balances of those player accounts to the casino, and block you from ever playing on their platform again. The worst-case scenario is court, and legal fees are much higher than you could ever hope to win. Once you've created an account at an entirely new casino, your first deposit of funds will be eligible for different initial deposit bonuses.
Typically, you're playing at an online casino with casino games and sports betting. In that case, there will be different deposit bonus options available to favor where you spend most of your time gambling. You should go for the bonus that suits your wagering style more, as it may be harder to fulfill the playthrough requirements of a casino game deposit bonus if you don't particularly like casino games.
First deposit real cash bonuses are available in your account simultaneously as your initial deposit becomes available and can be used on a variety of games. Sometimes there are game-specific restrictions on first deposit bonuses and playthrough wagering requirements before you can withdraw the bonus like you would cash winnings.
First Deposit Real Money Bonus: Pros and Cons
First deposit bonuses were one of the first major innovations of online casinos that became a standard for the market. Fundamentally, they work. They entice new players, giving them a bigger bankroll and encouraging them to spend more time in an online casino.
Even though players may win a few hands with that money, even those wins favor the casino because the player is engaging more and becoming more fond of the venue. Casinos know this keeps players gambling long after the welcome bonuses wear out.
Over time though, the flash of a first deposit bonus has started to wear off for players, and the strings attached to even the best first deposit bonus have become more prevalent. First deposit real money bonuses heavily favor those with a large gambling budget, as the more you can initially deposit, the bigger your bonus. This framing of a bonus naturally tends the casino because they want to entice players with the most significant budgets, while it leaves the majority of players with a small favor at best.
The truth is the vast majority of players don't have $2,000 or more dollars to deposit in their recreational gambling fund at one time. Casinos know this, so they advertise a vast number, knowing that most players will not come close to receiving that bonus. You'll notice that's why some casinos let people reuse their "initial deposit code" multiple times. The other issue is that wagering requirements and game-specific stipulations tied to the deposit bonus can severely delay or stop the withdrawal if specific parameters aren't met.
The drawbacks and commonality of initial deposit bonuses have led online casinos to begin to implement other rewards programs like weekly cashback on lost wagers. These programs are extremely popular with players due to their simplicity and equity.
How to Get Your First Deposit Bonus in Real Cash?
How to Get Your First Deposit Bonus in Real Cash?
If you've ever used a coupon code while online shopping for clothes or tech, you'll likely have no trouble receiving your first deposit bonus. Deposit bonuses are typically linked to coupon codes nearly identical to those you would use at your favorite retailer.
Once you've found a first deposit bonus you want to take advantage of, you'll need to make an account with that particular online casino vendor. Creating an account typically just requires an email address and password. Password security is always essential, but for an online casino, it's necessary. Make sure to create a unique password that no one else knows uses uppercase letters, lowercase letters, symbols, and numbers for the best security.
From there, track down the offer, and it should link you directly to the banking page when clicked or display the bonus code for you there. Make sure your deposit bonus code is entered, and once you make your deposit, the bonus should also be available in your account. Remember to pay attention, as some casinos will let you redeem the new player code three or even five times! You don't want to miss out on all that extra bonus opportunity. If you don't use the code but continue to make deposits, you can make yourself ineligible for the maximum number of bonus offers.
You also need to be aware of any wagering requirements that may restrict the use of your bonus or the withdrawal of it. Failure to meet requirements can result in your prize being forfeited or locked into your account. There are different types of wagering-requirement, but one of the most common is playthrough requirements. An online casino might require that you place 30 bets before you have the option of making a withdrawal of any of your bonus money. It's essential to be aware of any restrictions because some players might not place thirty bets in three months!
What Are Wagering Requirements?
Unfortunately, wagering requirements go hand-in-hand with nearly every casino's first deposit bonus. They serve a legitimate purpose: they stop players from depositing money, receiving compensation, and immediately making a withdrawal and playing elsewhere.
Wagering requirements typically come in two forms: playthrough requirements or game restrictions. We'll go over each in detail to understand the differences. Playthrough requirements: they are standard with nearly every initial casino deposit bonus. The difference between playthrough requirements can be reasonably staggering, though. For example, one online casino may require a 20x playthrough to access the initial deposit bonus, while another may require 30x or even 50x.
Large playthrough requirements can become even more challenging if time restrictions are imposed on the need. A casino may require that the playthroughs occur within only one or two weeks of the deposit bonus. Even a casino as big as Bovada has a disclaimer about trying to withdraw before bonus terms are met: "If a withdrawal is made before the bonus terms are met, all bonus funds, as well as any money earned by wagering the bonus, will be forfeited."
That means Bovada will not only take the bonus but any of the winnings acquired from the bonus funds will also be forfeited to Bovada. This is not an unusual policy and one of the reasons you need to be familiar with playthrough limits. Game restrictions: game restrictions for real cash first deposit bonuses are less common, but they are still something to be aware of before making a deposit. One of the most common restrictions is that deposit bonus funds cannot be used on live dealer poker or table games.
Another restriction you might see is that bonus funds cannot be used across game types. For example, if your bonus deposit was given to you for sports betting, those funds likely would not be available for casino games.
