When it comes to the bonuses that online casinos make available to their players, the casino deposit bonus is by far the most popular. Essentially, it means that the casino will provide a consumer with an amount of bonus cash when he or she makes a deposit into his or her online casino account. The amount of the bonus varies, but it is safe to say that welcome bonuses are among the most lucrative. As an example, a casino may offer a 200% match bonus on a player's deposit of up to $500 as welcome bonus. Later, the same player may only receive a 20% match bonus of up to $50 as a loyalty offer.
Because casinos have to protect themselves from bonus abuse, they often put wagering requirements into place. Without them, consumers could simply make large deposits, take advantage of the bonus offer, and then withdraw everything the very same day. Casinos would undoubtedly go out of business like this, so wagering requirements are necessary. In most cases, the casino will require players to wager between 10 and 40 times the amount of the original casino deposit bonus before any winnings that were earned with the bonus can be cashed out. Same rules apply to no deposit casinos.
In order for players to truly take advantage of an online casino bonus, they must be sure to deposit as much as possible. For instance, if a casino offers a 100% match bonus of up to $1000, then this means the player can receive as much as $1000 in bonus cash. However, if that player only deposits $30, he or she will only receive a $30 match. This means that the player should deposit the most he or she can afford in order to get all of the free money possible. However, they should also carefully consider the wagering requirements and the anticipated amount of time it would take to clear them. After all, if a $1000 bonus with a 30x wagering requirement is accepted, the player would need to gamble away $30,000 to withdraw any winnings.