The Top Slots Casinos for Deposit Bonus Offers!

It’s common practice for online casinos to offer new members a welcome bonus and some free spins, which is great news for anyone who loves the slots. These types of promotions tend to be uniquely tailored to the aims of the online establishment.

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The multitude of different bonus incentives, in their many different variations, can be a little confusing. It can be a bit of a challenge to know which is the best one to opt for. It is helpful, therefore, to understand all the basic types that you may come across, as this will help you when you are making your choice.

What is a Casino Bonus?

A deposit bonus is a freebie, which is given by the online casino when a new player makes a cash deposit. It’s not difficult to see why they would offer such an apparently generous incentive. For a venue to be profitable, it needs customers and it requires them to play for real money. It’s not surprising then that in such a competitive industry, these establishments work very hard to attract members, and are prepared to offer lucrative deals to encourage them to sign up.

Some companies may even see it as an investment or a loss-leader promotion. Either way, it can’t be disputed that some of the most successful sites are the ones that have traditionally offered the best range of promotions. Essentially, there are two kinds of deposit bonuses. It is also common to see variations and combinations of the two.

The Match Bonus

The deposit bonuses that are given by the online establishments will provide players with more casino credits. This, in turn, improves the chances of winning. It naturally makes a lot of sense to seek out as many free credits as possible. Many of the online slots gambling houses will offer to equal a percentage of the amount that is deposited. This is known as a match bonus. These are always capped, and so if there is a 100% match, up to the value of $500, anything you pay in over this amount won’t be equalled.

In this example, if you deposit the maximum of $500, you would have a total of $1000 of playing funds at your disposal, despite only depositing half that amount. Most sites would prefer not to lose a player after the first deposit. For that reason, many of them will offer match bonuses that are spread over multiple deposits at different percentage rates. The benefit of this type is that the sums in question tend to be much larger.

Example 1: 1st Deposit Match Bonus

Example 2: Multiple Deposit Match Bonus

The Free Spins Bonus

The free spins offer can sometimes be used as an alternative to a match deposit bonus or as part of the whole welcome package. The online casinos are aware that the most popular games amongst players are the slots, and so including them in the sign-up promotion is the best way of attracting more customers. For instance, a venue may offer a 100% cash bonus + 50 free spins. It is worth pointing out that the free play offer may apply to all games on the website or just to a specific title. This is another good reason to read through the terms and conditions before proceeding with any of the special deals.

Wagering requirements and Playthrough Rates

The wagering requirements are one of the most overlooked aspects concerning the deposit bonuses provided by the online casinos. Simply put, these are the number of times that a deposit bonus needs to be played through before any winnings can be withdrawn. It is important to recognize that whilst a casino might offer a higher bonus amount, the playthrough rate to cash this out might also be a lot higher, and therefore, a lot harder to achieve.

In addition, the contributions of the games will often vary, with some categories valued more than others. For example, a player might get 100% playthrough on the progressive jackpots but only 50% on the table versions. The establishments will publish these percentages on their websites, and it’s advisable to check them before you start to play. It’s good to know that, on most of the websites, slots contribute 100% towards the bonus requirements.

In the above example, the Casino D has the lowest playthrough rate.

Read the Terms and Conditions Carefully

Deposit bonuses give a player more casino credit to play with, and by doing so, improves the overall chances of success. When choosing between the available offers, it is advisable to look at the terms and conditions. You will need to establish how much will need to be deposited in order for you to receive the full amount offered. The terminology can sometimes be confusing or even a little misleading.

It will also help if you understand the waging requirements, as you will then know what you must contribute before you can make any withdrawals. It is not uncommon the venues that offer a lower welcome bonus amount to have playthrough rates that are easier to achieve.