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Deposit And No Deposit Bonus
Gambling has always been a hugely profitable and exciting business to be in. At the end of the 90's casinos started popping up on the Net. These were not necessarily existing casinos, but new businesses wanting to feed into a new market.
There were a lot of advantages for these companies. Although, they had to originally pay for their lucrative gaming platforms to be developed, they then had very low operating costs compared to land based casinos. This let them use this money to the advantage of customers as well as themselves in the following ways:
1-They threw the money into advertising, so they got more members.
2-They offered a lower house edge so customers benefitted more.
3-They offered to match deposits made by customers, so their money was doubled!
The 3rd point is a massive reason for customers to sign up online. As well as being easy to access without leaving the home, you will get double or more of the original money you deposit in your account as a welcome bonus.
Due to the sheer competition between companies all online casinos nowadays attract their customers through a welcome ...
... bonus. Some will even give you a bonus without depositing any money at all, referred to as a no-deposit bonus. The other type of bonus you get is the more common deposit bonus. They will both be described below.
Deposit Bonus
A deposit bonus is when your deposit at an online casino is matched. This could be 100% match up to £200?. This would mean that they will give you 100% extra on anything up to £200 that you deposit in your account. You are therefore doubling the original money you put in. There is no doubt that this is a great start to your casino experience.
Depending on what casino you join (and there is no stopping you on joining as many as you like), the welcome bonus will vary. Some offer 100% matches, some offer 200%+, but some also offer less. E.g. 50%.
The maximum amount is also important as well. Some casinos will give you a massive bonus. E.g. 100% match up to £1000, whereas another casino may give the match up to £200. Which one you go for depends on how much you are willing to deposit. If you wanted to deposit £100, then you could go for either. However if you wanted to deposit more than £200, then you would only get the bonus up to £200 with the second option, so you would be better off going for the first option.
Some casinos will also continue to give you bonuses as you play more. This is often bigger than the original welcome bonus, and encourages you to play more. E,g, 100% match on your first deposit up to £200 and 400% match on your second deposit up to £500?.
Does a larger bonus mean a better casino? The simple answer is no! 888.com who are the biggest of the online casinos, give away one of the smallest bonuses of 100% match on £100. They are able do this because players enjoy playing at their casino and keep coming back for more without a big bonus.
If you are interested in Online Poker then you are even more in luck. Poker brands quite often have higher bonuses than Online Casinos, so you get even more on your original deposit!
No deposit casino bonuses
You receive this type of bonus when you sign up to a casino that chooses to give their welcome bonus in this format. Their offer could be for example, £300 free when you join.
Some casinos will mix a deposit and no deposit bonus. You might see an offer like this: 100% match on £100 plus an extra £20). Here you end up with £220 after you deposit.
Similar to deposit bonuses, no deposit bonuses can be large or small. You might see a £10 bonus or a £1000 bonus.
However larger bonuses usually have a small, but not all bad catch. You are often required to play the money in a certain time limit. E.g. you are given £1000 and once you start playing, you have an hour to win anything you can. Your winnings at the end of the hour are yours to keep in your account. As its all free money, there are no risks here.
Often casinos that offer the no deposit bonuses are not the massive ones that appear in the media, so if you want to play a famous brand, then you have no choice, but to deposit and get a match bonus.
In the end, whichever bonus type you pick or your current skill level, the important thing is that you enjoy your casino experience and of coursewin, win, win!
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