Updated:
What is a Deposit Bonuses?
A deposit bonus is a bonus that bookmakers give to new customers in order to raise interest in betting and make the betting experience better. They are also called welcome bonuses. Usually, a bookmaker makes sure to have deposit bonuses, so that new customers will become interested in betting on their website since everyone would certainly be pleased by a bonus. Before mentioning kinds of bonuses, please be sure to read the Terms and Conditions, so that you won’t have any issues, since most bonuses come with wagering requirements. Wagering requirements mean an amount that you need to wager in total in order to be able to withdraw your bonus. Now, let’s find out about all kinds of bonuses:
- Welcome bonus. This is a type of bonus that you get when you register for the first time and usually combines things like a deposit bonus and free spins if it’s a casino.
- Bonus for the first deposit. This bonus is pretty self-explanatory, as it gives you bonus money that the bookmaker chooses when you make your first deposit. They vary from bookmaker to bookmaker, but in general, the idea is that you’ll receive more money than you’ve deposited thanks to the deposit bonus. For example, you have a bonus of 20% of your first deposit and you’ve deposited INR 1,000. With the bonus, you’ll get INR 1,200.
- No deposit bonus. A no deposit bonus is, as the name suggests, a bonus that the player receives without making a deposit. This means that you’ll get the bonus right after you’ve created an account. However, we should mention that no deposit bonuses are rare to find.
- Reload bonus. This is a bonus that offers you a certain percentage of bonus depending on the number of your deposit. For example, you may be offered a 100% bonus for your first deposit and a 50% bonus for your second deposit.
- Daily bonuses. These are bonuses that you receive if you deposit on a certain day chosen by the bookmaker. For example, you may receive a bonus of 100% of your deposit if you make a deposit on Monday.
How does a Welcome Deposit Bonus Work?
If you’re not sure how deposit bonuses work, we’re here to explain.
The concept is simple: you make a deposit and will get additional money. The more money you’ll deposit, the more money you’ll receive with the help of the bonus. Actually, most betting sites offer a 100% deposit bonus. For example, you’ve decided you want to start betting on cricket. You’ve created an account and now you need to top up your account to be able to start betting. If the site offers a 100% deposit bonus, it means that if you deposit INR 10,000, you’ll receive INR 20,000 thanks to the bonus.
There are no restrictions, which means that everyone will be able to get the bonus.
Conclusion
In conclusion, we want to mention that deposit bonuses are crucial for maximizing the nice experience that you’ll have when betting. Bookmakers do everything they can to make you interested in betting and start making money!
FAQ
What is a Deposit Bonus?
A deposit bonus is a bonus that you receive once you’ve created an account and made your first deposit, and bonuses vary for different bookmakers.
Do Deposit Bonuses Cost Money?
No, of course not. All deposit bonuses and deposit offers are absolutely free and are made to increase your interest in betting.
Where Can I Use The Deposit Bonus?
Deposit bonuses vary from sports deposit bonuses to casino betting deposit bonuses, reload bonuses, loyalty bonuses, free bets, individual bonuses, cash signup bonuses, cashback, and many others.
Can I Withdraw Deposit Bonuses?
Well, yes, but only after fulfilling wagering requirements that are different for every deposit bonus.
What Are Wagering Requirements?
Wagering requirements mean an amount that you need to wager in total in order to be able to withdraw your bonus.
How Do I Choose The Best Bonus?
By experimenting. If you’re new to gambling, you don’t know yet what type of betting you like the most, so simply experiment and you’ll find out what kind of bets you like to do and the bonus is the most suitable for you.