Online casinos are spreading fast into every corner of the world thanks to widely spread internet connections. They provide an easy way to gamble from any place you are located in the world. To win money in an online casino, you must first identify one that will give you the best return on your investment.
After you identify it, your next step will be to open an account and make your first deposit. Online casinos are not limited to the deposit options you have. From credit cards to debit cards, visas, MasterCard, bank transfers, online wallets, cash, and cryptocurrency. Once your first deposit confirms as successful, it is time to look out for several things.
Be on the lookout for a bonus
If you are new to online gambling, you might avoid depositing https://hdgreenscreen.com/ a high amount of money for the first time. You will not miss getting an online casino with $5 minimum deposit which is a good figure to start with as you build your online gambling skills. Immediately your deposit transaction is complete, look out for your bonus.
A bonus is currently the commonest method of promotions used by online casinos. It is your incentive given to you by the online casino for registering an account with them and making a deposit. After fulfilling the conditions laid down on the welcome bonus, you will be able to withdraw it as cash at some point.
Types of first deposit bonuses
It is best to choose online casino wisely because each casino gives a different type of bonus once you make your first deposit. Some online casinos give more bonuses whiles others give less and each has its wagering conditions that you must fulfill. After your first deposit in an online casino, you can get any of these types of bonuses.
This type of bonus is given when you make your first deposit in an online casino. It can either be in terms of free spins or a deposit bonus. Sometimes it is given as a combination of the two. Most casinos give a welcome bonus after gamblers register for the first time.
A deposit bonus is common with the best real money casinos. You get a deposit bonus after you make your first deposit. Note that you can get a welcome bonus just for signing up but you receive a deposit bonus after you make your first deposit. Mostly, it is given as a percentage of your deposit.
It could be something like 50% of your total deposit, 60%, and sometimes 100%. For example, if you are getting a 50% deposit bonus and you deposit $100, your deposit bonus will be half of $100 which is $50.
No deposit bonuses
You can get this type of bonus even before you make a deposit. Some casinos will give both a no deposit and deposit bonus.
This is not like a cash bonus but you get a batch of spins for free. Sometimes this type of bonus is restricted to specific slot machines. The condition of free spins is that you must use them within a specific time.
Conditions for using your deposit bonus
Your first deposit bonus is tied to a set of rules that you must fulfill to be allowed to withdraw. You must understand these conditions.
Wagering requirements: This tells you how many times you will be required to roll over the bonus before withdrawal. For example, let’s say the wagering requirement is 20x. If you received a deposit bonus of $50, it means you must place bets up to 25x the bonus or more. For your $50 deposit bonus, you will wager 25 x 50 = 1250 spins of $1 each to total to $1,250.
Apart from the wagering conditions, there are conditions that you must read and understand once you get your bonus. If you fail to meet any of the conditions even if you have met some, your bonus will lapse.
Minimum deposit: This is the minimum amount you must deposit to get a deposit bonus
Supported territories: These are geographical areas eligible for bonuses.
Eligible games: These are the types of games you are allowed to use the bonus on.
Time limit: This is the time within which the bonus will expire if you fail to use it.