The online gambling industry is competitive. That’s why online casinos need to make sure that they’ll be able to lure in new players and stand out from the rest. The first deposit bonus is arguably the most popular and lucrative among the top casino bonuses. By offering this bonus, casinos lure players to register for an account, deposit, and play games regularly.
First deposit bonuses give additional money or free spins to allow players to enjoy plenty of casino games risk-free.
In this article, we’ll talk about the popular types of first deposit bonuses, their standard terms and conditions, and tips on how to claim them!
What is a First Deposit Bonus?
Simply put, a first deposit casino bonus is a specific amount of money or number of free spins (often both) that a player gets in return for making their first deposit at a casino. So right after you choose a casino site and complete the registration, this offer becomes available.
A common practice is to double the players’ first deposit up to $200. Then, if you deposit $200 or less, the casino will give you the same amount as a bonus, doubling your balance. However, since the maximum amount is $200, you won’t get a higher bonus than that even if you deposit more money.
First deposit bonuses aren’t just bonus cash that boosts your bankroll. It can be free spins, too, for qualifying games from participating software vendors. mBit Casino, for example, offers up to 300 free spins as part of the first deposit bonus.
Terms and Conditions- Things to Consider
While most first deposit bonuses come with precise terms and conditions, they are straightforward. Therefore, we recommend familiarizing yourself with them before claiming any casino bonus.
When checking out the terms and conditions of a first deposit bonus, you should pay attention to the wagering requirements, betting limits, qualifying games, and validity period.
Wagering requirements explain how many times a player needs to play through the bonus before being able to withdraw the winnings. For instance, let’s say you’ve found a $50 welcome bonus with a 10x wagering requirement. Unfortunately, that means you’ll need to play with $500 before you’re able to withdraw any winnings from it.
Some bonuses are wager-free. Unfortunately, this type of bonus is difficult to find. For example, a first deposit bonus with no wagering requirements permits you to withdraw your winnings immediately. However, no wagering first deposit bonuses are less lucrative and come with more restrictive terms and conditions.
Bitcoin First Deposit Bonuses
For players looking for a more exciting version of the first deposit bonuses, we recommend the promotions at Bitcoin and crypto casinos. Not only do cryptocurrency casinos have all the advantages of other online casinos, but they also tend to be more secure and offer a primarily anonymous gambling experience.
Additionally, crypto casinos boast great promotional offers, including first deposit bonuses in Bitcoin or alt-coins. Some sites we suggest checking out if you’re interested in the best first deposit crypto bonuses are 7Bit, Fortune Jack, and Stake. These bonuses can bring you up to 5 BTC plus 100 Free Spins, 6BTC or $1,200, 10% rakeback, and $1,000 in crypto, respectively.
First deposit bonuses are one of the best casino promotions you can find. These bonuses increase your bankroll and award you free spins, which you can use to play some exciting casino games risk-free. These bonuses are widely available online, so review and compare your options. In addition to the bonus amount and number of free spins, check out the terms and conditions before claiming your bonus.
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