How do 1st Deposit Bonuses work at an online casino?
You’ll probably find a 1st deposit bonus available at every online casino you look at. The way it works is after you create a new account at whichever brand you choose, you’ll receive an email explaining how you can apply for the bonus. Every casino has a different procedure of acquiring it. For example, you can enter a promo code, send an email requesting the bonus or even be credited automatically when you deposit. If all else fails, speak to a live chat agent and they will sort it out.
Usually, they offer you a percentage bonus based on the initial deposit. Keep in mind though that these bonuses do come attached to a wagering requirement. If you don’t know what this means and how it works please click the link for a more in-depth explanation of wagering requirements. Also known as WR, they prevent the player from obtaining a bonus and withdrawing their funds immediately after receiving it. The goal is to prevent fraudulent behaviour and other scenarios.
So, in summary, every time you look at a first deposit method, pay attention to the percentage awarded. Also, what limits are the bonuses for and what wagering requirements are attached.
Are welcome bonuses and first deposit bonuses the same thing at an online casino?
They usually mean the same thing. They are both initial bonuses offered to new players who would like to try casinos with a little more firepower. When we mention 1st deposit bonuses, it strictly means a bonus based on your initial deposit at a particular casino. For example, if you join Spinsville Casino they’ll offer you a 150% sign up bonus up to 200 euros. This means that if you deposit 50 euros you’ll receive an extra 150 euros. This is a perfect example of a 1st deposit bonus that an online casino offers.
When we talk about a welcome bonus, it doesn’t necessarily have to mean it’s an initial first deposit bonus package. It can be free spins or some sort of cashback bonus. Usually, from my experience, it’s a deposit bonus attached with a few free spins. An example of this is Queen Vegas that provides players with a 100% first deposit bonus and 25 free spins.
Why do online casinos attach so many conditions to their First Deposit Bonus?
You have to remember that these bonuses are meant for you to “get to know” their casino games. They’ll make it difficult for you to actually withdrawal funds with high wagering requirements or other conditions. If you decide to accept an initial bonus, try to use those funds to get to know the casino games instead of aiming for a win. You might start winning but it might get complicated in the long haul trying to reach those requirements. Our recommendation is to not make a huge deposit, in turn the bonus won’t be huge and start make low wagers on different games. Once you either lose what you deposited or reached the WR, then start playing the games you found to be the most fun.
We hope you have enjoyed our information about this type of casino bonus. Check out our full list of online casinos for a look at what they offer. Remember we are here to help you get started at the casino of your choosing. In the list below, you’ll see the online casinos that provide a 1st deposit bonus. There are many other types of promotions or bonuses, so make sure to check them out as well.
