A deposit bonus is nothing more than a gratification for depositing funds into an online account.
Many bookmakers offer their players a welcome bonus. However, one should be aware that not all bonuses are as attractive as they might seem at first glance. Sometimes a player is even blinded by information about the bonus, moreover, he is convinced by the tempting amount of funds to be won. Consequently, this leads to not noticing, the conditions that need to be met in order for the funds to actually be withdrawn. Unfortunately, these conditions are usually downright impossible to meet.
The most coveted by players are no-deposit bonuses, that is, funds that one gets absolutely free. On the other hand, bookmakers most often offer a deposit bonus, that is, such an additional bonus for depositing funds into an online account. Most often we meet with a 100% deposit bonus – how much you deposit, so much you get additional funds for the game. Bookmakers also offer smaller bonuses like 50% or 75%, but also 150% or even 200% of the funds deposited.
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Limits
Let’s take a closer look at a very attractive situation, i.e. one in which a deposit bonus allows you to get more than you deposited (e.g. 150% or 200%). Many players may even be encouraged to make a much larger deposit in order to get more bonus money. Unfortunately, not everything is as simple as it may seem. Bookmakers, of course, have to protect themselves in some way against extreme situations. The bookmaker always determines the maximum amount at its disposal. If the set limit was $200, then even in a situation where a player would make a higher deposit, he would only receive $200 in bonus funds. As for the lower limit, it is not always specified by the bookmaker. Sometimes it is simply a provision in the terms and conditions that the minimum deposit cannot be less than, for example, $50. If, despite such a provision, the player makes a lower deposit, he will simply not receive any bonus funds.
Withdrawal of funds from deposit bonus
Each deposit bonus differs by something, so first the player should read the details of the promotion before he decides to play at all. This is mainly about the fact that before a player can withdraw the bonus funds received, he will have to meet several conditions. The most important is that sometimes it is not enough just to make a given deposit amount, sometimes the bookmaker may require some turnover of the deposited funds. Another important point is that it is necessary to rotate the bonus itself, and not always just once. In such a situation, the chances that the deposit bonus will be paid out decrease. If the player makes a wrong bet when wagering the bonus, he will lose the bonus funds.
In the terms and conditions of the promotion it is also worth finding information on what bets are eligible for participation. Usually this includes simple and multi-event bets, while system bets, as a rule, are not included in the turnover. Specific categories of bets, such as on virtual sports, are also often rejected.
The bets placed must also meet a minimum overall odds requirement. Sometimes the bookmaker dictates even more conditions, e.g. the minimum number of events on 1 coupon, or the minimum odds of single events, or the daily turnover limit. A deposit bonus practically always has a specific time for its use, most often this time is 30 days. Undoubtedly, there can be many conditions and you should familiarize yourself with them before playing.
Deposit bonus – advantages and disadvantages
The deposit bonus restricts the player because of the many rules and conditions that must be met, while the promotion itself undoubtedly has many advantages. Below is a summary of the advantages and disadvantages of a deposit bonus.
Deposit bonus – advantages
- stands out from other bonuses due to the high maximum amounts that can be received.
- A deposit bonus is an “easy” way to get extra funds for betting
- usually has a relatively long time to meet the wagering requirements, the player does not have to bet thoughtlessly, which would increase the risk of losing.
Deposit Bonus – Disadvantages
- it is necessary to deposit your own funds into the player’s account.
- The bonus turnover conditions are complicated, which consequently leads to the possibility of losing your own funds.
- Deposit funds cannot be withdrawn until the player has completed the turnover
- In a situation where a player only partially completes the turnover and the time within which the total turnover should have been made expires, the player loses the bonus as well as the money won thanks to it.
First Deposit Bonus for New Players
The first deposit bonus for new players is a welcome offer that can be used by anyone who registers for the first time with a given betting operator. Before starting to play, it is worth familiarizing yourself with the terms and conditions of the promotion, as they contain all the rules and details of how it works. Some bookmakers have bonus sets in their offer, which, to the benefit of the player, means that they have to use not only one bonus from the first deposit, but also from the second or even the third. To use such a bonus, you must register on the bookmaker’s website and fill in the basic data in the form. Then the bonus funds are transferred to the account after the deposit has been made. In a situation where we are dealing with more bonuses, it will probably be necessary to use the first one first to be able to receive the next one – this is information that should be verified in advance by reading the terms and conditions of the promotion, because each bookmaker sets its own rules.
What is the best deposit bonus?
To sum up, a deposit bonus is undoubtedly a good opportunity to gain additional funds for the game, although there are situations in which the chance of withdrawing money is negligible, due to the provisions of the regulations. So let’s define a few features that the best bonus should have.
First of all, it is worth indicating a high percentage value. It’s simple – a 100% deposit bonus is much better than 50%. It would be best if it had to be turned over as few times as possible. The higher the maximum bonus amount, the better. The ideal situation is when the minimum bet rate is as low as possible and only bonus funds are subject to turnover, not deposit funds.
It is also important that there is no minimum number of bets that must be on the player’s coupon. If the previously mentioned conditions are met and the time to use the bonus is as long as possible and there are no other additional restrictions, then this is certainly a very attractive and noteworthy offer.
Bookmakers with the best bonuses
- Lots of payment options, including cryptocurrencies
- No restriction on withdrawals
- Lots of languages and currencies
- Wide range of sports betting and casino games
- Wide range of games from many providers
- Large international bookmaker
- Live casino available
- Large number of languages and payment options
- Wide range of sports and casino games options
- Deposits and withdrawals in cryptocurrencies
- Great website and easy to navigate
