First Deposit Bonus in Online Casinos
Everybody loves a bonus, and that’s why you’ll notice that nearly every online casino runs a first deposit bonus deal. Deposit bonuses benefit both players and casinos. For players, they can significantly increase their bankroll and give them more opportunities to place bets. Giving players more money to enjoy more games is a win-win for both the players and the casino involved.
For casinos, first-time deposit bonuses can help entice new players, increase the amount of a player’s initial deposit, and keep players playing at their online casino for longer. It also increases the chance that the player wins a few bets or hands, encouraging them to keep playing. The popularity of first deposit bonus offers has skyrocketed, so it can be hard to determine which ones provide the most value to your pocket, given how many there are. There are the less glamorous elements of first deposit bonuses like wagering requirements to look out for.
We’ll go into more detail about wagering requirements further on, but for now, just know that strict wagering requirements can torpedo a solid first deposit bonus in real money. Not to worry, the team at SlotsUp.com has taken the time to look at some of the most popular deals and explain the ins and outs of initial deposit bonuses so that you can know how to find the best deal for you quickly.
Top Online Casinos with First Deposit Bonus for 2024
Welcome Bonus by Raging Bull
Maximum winnings from wagered bonus: Unlimited ∞.
This means that the amount you can win using the bonus is unlimited.
For example, if you win 100 USD or even 1 000 USD, you can withdraw the entire amount once you meet the wagering requirements.
Wagering requirements: x10 for bonus.
You must wager 10 times the bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 100 USD bonus, you’ll need to place bets totaling 1000 USD (10 * 100) throughout your gameplay before you can withdraw your winnings.
Free Spins is restricted to the game.
This bonus is available only for Mighty Drums.
Welcome Bonus by CryptoReels
Maximum winnings from wagered bonus: Unlimited ∞.
This means that the amount you can win using the bonus is unlimited.
For example, if you win 1000 USD or even 10000 USD, you can withdraw the entire amount once you meet the wagering requirements.
Wagering requirements: x50 for bonus.
You must wager 50 times the bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 50 USD bonus, you’ll need to place bets totaling 2500 USD (50 * 50) throughout your gameplay before you can withdraw your winnings.
Maximum bet: 10 USD.
Bets exceeding 10 USD are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
$75 Free Chip. Restrictions apply.
You must have made the first deposit with Crypto to get a $75 Free Chip.
Christmas Welcome Bonus by Las Atlantis Casino
Minimum deposit to activate the bonus: 10-30 USD. Restrictions apply.
Deposits below this amount do not qualify for receiving this bonus.
Restrictions: Deposits made via Neosurf 10 USD, 20 USD for BTC, 20 USD for LTC, 20 USD for ETH, 20 USD for USDT, 20 USD for Flexepin, 30 USD for Credit Card.
Maximum winnings from the wagered bonus: 30 times the deposit amount.
This means that the maximum amount you can win using the bonus 30 times your deposit amount.
For example, if you deposit 20 USD, the maximum you can win and withdraw is 600 USD (after meeting the wagering requirements).
Any winnings above this amount will be forfeited due to this requirement.
Wagering requirements: x20 for free spins.
This means you must wager 20 times the winnings from your free spins to meet the requirement and withdraw your winnings.
For example, if you win 20 USD from free spins, you’ll need to place bets totaling 400 USD (20 * 20) throughout your gameplay before you can withdraw your winnings.
Maximum bet: 10 USD.
Bets exceeding 10 USD are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
First Deposit Bonus by Bethard
Minimum deposit to activate the bonus: 20 USD.
Deposits below this amount don’t qualify for receiving this bonus.
Wagering requirements: x20 for bonus.
You must wager 20 times the bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 20 USD bonus, you’ll need to place bets totaling 400 USD (20 * 20) throughout your gameplay before you can withdraw your winnings.
Wagering requirements: x10 for free spins.
This means you must wager 10 times the winnings from your free spins to meet the requirement and withdraw your winnings.
For example, if you win 10 USD from free spins, you’ll need to place bets totaling 100 USD (10 * 10) throughout your gameplay before you can withdraw your winnings.
Maximum bet: 5 USD.
Bets exceeding 5 USD are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
20 Free Spins: 0.2 USD per spin (total value 4 USD). Restrictions apply.
Free spins are valid and available for 60 days after bonus activation.
Welcome Bonus by BetChain
Minimum deposit to activate the bonus: 20 USD.
Deposits below this amount don’t qualify for receiving this bonus.
Maximum winnings from the wagered bonus: 5 000 USD.
This means the maximum amount you can win using the bonus is 5 000 USD.
For example, if you win 6 000 USD using the bonus, you can only withdraw 5 000 USD (after meeting the wagering requirements), and the remaining 1 000 USD will be forfeited due to this requirement.
Wagering requirements: x40 for bonus.
You must wager 40 times the bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 20 USD bonus, you’ll need to place bets totaling 800 USD (20 * 40) throughout your gameplay before you can withdraw your winnings.
Maximum bet: 5 USD.
Bets exceeding 5 USD are not allowed when playing with bonus funds and free spins.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
The free spins are valid for 1 day after activation.
If you don’t use the bonus and meet the wagering requirements within 1 day after the bonus is activated and added to your account, the bonus will be deactivated and forfeited.
The bonus money is valid for 30 days after activation.
If you don’t use the bonus and meet the wagering requirements within 30 days after the bonus is activated and added to your account, the bonus will be deactivated and forfeited.
Christmas Welcome Bonus by StayCasino
The bonus package consists of 3 separate deposit bonuses.
- Christmas Fortune Wheel: 7500 USD.
- Christmas Cheer Tournament: 2000 USD + 3000 Free Spins.
- Christmas Quest: 2500 USD + 2500 Free Spins
The bonus is available from December 1 to December 31, 2024.
If you don’t use the bonus and meet the wagering requirements until 1st 31st December, the bonus will be deactivated and forfeited.
First Deposit Bonus by Hell Spin
Minimum deposit to activate the bonus: 20 USD.
Deposits below this amount don’t qualify for receiving this bonus.
Wagering requirements: x40 for bonus.
This means you must wager a total of x40 times the bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 20 USD bonus, you’ll need to place bets totaling 800 USD (20 * 40) throughout your gameplay before you can withdraw your winnings.
Maximum bet: 5 USD.
Bets exceeding 5 USD are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
Welcome Bonus by CookieCasino
Minimum deposit to activate the bonus: 20 USD.
Deposits below this amount don’t qualify for receiving this bonus.
Maximum winnings from the wagered bonus: 10 000 USD.
This means the maximum amount you can win using the bonus is 10 000 USD.
For example, if you win 15 000 USD using the bonus, you will only be able to withdraw 10 000 USD (after meeting the wagering requirements), and the remaining 5 000 USD will be forfeited due to this requirement.
Wagering requirements: x40 for bonus.
You must wager 40 times the bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 20 USD bonus, you’ll need to place bets totaling 800 USD (20 * 40) throughout your gameplay before you can withdraw your winnings.
Maximum bet: 5 USD.
Bets exceeding 5 USD are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
120 Free Spins on the Book of Dead or The Golden Owl of Athena.
Free spins on the first deposit are 30 per day for 4 days – 120 free spins. The first 30 free spins are added immediately after a successful deposit.
The next 30 free spins are added in another 24 hours, as long as you wagered the deposit x1, and so on for 3 days.
Welcome Bonus by All British Casino
Minimum deposit to activate the bonus: 20 GBP.
Deposits below this amount don’t qualify for receiving this bonus.
Maximum winnings from wagered bonus: Unlimited ∞.
This means that the amount you can win using the bonus is unlimited.
For example, if you win 100 GBP or even 1 000 GBP, you can withdraw the entire amount once you meet the wagering requirements.
Wagering requirements: x35 for bonus.
You must wager 35 times the bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 20 GBP bonus, you’ll need to place bets totaling 700 GBP (20 * 35) throughout your gameplay before you can withdraw your winnings.
Maximum bet: 5 GBP.
Bets exceeding 5 GBP are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
First Deposit Bonus by Winomania
Minimum deposit to activate the bonus: 10 GBP.
Deposits below this amount don’t qualify for receiving this bonus.
Maximum winnings from the wagered bonus: 3 times the bonus amount.
This means the maximum amount you can win using the bonus is 3 times the bonus amount.
For example, if you received a 10 GBP bonus, the maximum amount you can win and withdraw is 30 GBP (after meeting the wagering requirements).
Any winnings exceeding this amount will be forfeited due to this requirement.
Wagering requirements: x40 for bonus.
This means you must wager x40 times the bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 60 GBP bonus, you’ll need to place bets totaling 2400 GBP (60 * 40) throughout your gameplay before you can withdraw your winnings.
Maximum bet: 2 GBP.
Bets exceeding 2 GBP are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
The bonus is valid for 30 days after activation.
If you don’t use the bonus and meet the wagering requirements within 30 days after the bonus is activated and added to your account, the bonus will be deactivated and forfeited.
Welcome Bonus by Twin
Minimum deposit to activate the bonus: 20 USD.
Deposits below this amount don’t qualify for receiving this bonus.
Wagering requirements: x30 for bonus.
You must wager 30 times the bonus amount to meet the requirement and withdraw your winnings.
For example, if you receive a 20 USD bonus, you’ll need to place bets totaling 600 USD (20 * 30) throughout your gameplay before you can withdraw your winnings.
The bonus is valid for 30 days after activation.
If you don’t use the bonus and meet the wagering requirements within 30 days after the bonus is activated and added to your account, the bonus will be deactivated and forfeited.
First Deposit Bonus by Nomini
Minimum deposit to activate the bonus: 20 USD.
Deposits below this amount don’t qualify for receiving this bonus.
Maximum winnings from the wagered bonus: 1000 USD.
This means the maximum amount you can win using the bonus is 1000 USD.
For example, if you win 1200 USD using the bonus, you can only withdraw 1000 USD (after meeting the wagering requirements), and the remaining 200 USD will be forfeited due to this requirement.
Wagering requirements: x40 for free spins.
This means you must wager 40 times the winnings from your free spins to meet the requirement and withdraw your winnings.
For example, if you win 20 USD from free spins, you’ll need to place bets totaling 800 USD (20 * 40) throughout your gameplay before you can withdraw your winnings.
Wagering requirements: x35 for bonus + deposit.
This means you must wager 35 times the combined bonus and deposit amount to meet the requirement and withdraw your winnings.
For example, if you deposit 20 USD and receive a 20 USD bonus, you’ll need to place bets totaling 1 400 USD ((20 + 20) * 35) throughout your gameplay before you can withdraw your winnings.
Maximum bet: 5 USD.
Bets exceeding 5 USD are not allowed when playing with bonus funds.
Exceeding this amount in a single bet may result in the forfeiture of winnings or the bonus being voided.
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Everything You Need to Know About First Deposit Bonus
One of the unique elements of online casinos is the shared nature of a first deposit bonus in a casino or online betting venue. They’re almost everywhere, so it’s vital to understand deposit bonuses in their entirety, including game-specific stipulations or wagering requirements.
Each casino has its own deposit bonuses, some that are casino-wide and some that are game-specific. Casino-wide initial deposit bonuses can typically be used at any game, and at times those bonus funds in your bankroll are restricted from being played on specific games. The initial deposit fine print is essential, so don’t ignore it!
What Exactly is First Deposit Bonus?
You’ll see first deposit bonus offers everywhere, so let’s start off on the right foot and make sure you understand precisely what a first deposit is and who is eligible for it. To receive the deposit bonus, it must be your first deposit, so in essence, you must be a new player at the casino to receive a first deposit bonus. While you might think an easy way to bypass this is to create multiple accounts, we’ll be the first to tell you: that’s a terrible idea.
Casinos have detection software to look at similarities between player accounts. When (not if) they catch you, in the best-case scenario, they close all your player accounts, forfeit the balances of those player accounts to the casino, and block you from ever playing on their platform again. The worst-case scenario is court, and legal fees are much higher than you could ever hope to win. Once you’ve created an account at an entirely new casino, your first deposit of funds will be eligible for different initial deposit bonuses.
Typically, you’re playing at an online casino with casino games and sports betting. In that case, there will be different deposit bonus options available to favor where you spend most of your time gambling. You should go for the bonus that suits your wagering style more, as it may be harder to fulfill the playthrough requirements of a casino game deposit bonus if you don’t particularly like casino games.
First deposit real cash bonuses are available in your account simultaneously as your initial deposit becomes available and can be used on a variety of games. Sometimes there are game-specific restrictions on first deposit bonuses and playthrough wagering requirements before you can withdraw the bonus like you would cash winnings.
First Deposit Real Money Bonus: Pros and Cons
First deposit bonuses were one of the first major innovations of online casinos that became a standard for the market. Fundamentally, they work. They entice new players, giving them a bigger bankroll and encouraging them to spend more time in an online casino.
Even though players may win a few hands with that money, even those wins favor the casino because the player is engaging more and becoming more fond of the venue. Casinos know this keeps players gambling long after the welcome bonuses wear out.
Over time though, the flash of a first deposit bonus has started to wear off for players, and the strings attached to even the best first deposit bonus have become more prevalent. First deposit real money bonuses heavily favor those with a large gambling budget, as the more you can initially deposit, the bigger your bonus. This framing of a bonus naturally tends the casino because they want to entice players with the most significant budgets, while it leaves the majority of players with a small favor at best.
The truth is the vast majority of players don’t have $2,000 or more dollars to deposit in their recreational gambling fund at one time. Casinos know this, so they advertise a vast number, knowing that most players will not come close to receiving that bonus. You’ll notice that’s why some casinos let people reuse their “initial deposit code” multiple times. The other issue is that wagering requirements and game-specific stipulations tied to the deposit bonus can severely delay or stop the withdrawal if specific parameters aren’t met.
The drawbacks and commonality of initial deposit bonuses have led online casinos to begin to implement other rewards programs like weekly cashback on lost wagers. These programs are extremely popular with players due to their simplicity and equity.
How to Get Your First Deposit Bonus in Real Cash?
How to Get Your First Deposit Bonus in Real Cash?
If you’ve ever used a coupon code while online shopping for clothes or tech, you’ll likely have no trouble receiving your first deposit bonus. Deposit bonuses are typically linked to coupon codes nearly identical to those you would use at your favorite retailer.
Once you’ve found a first deposit bonus you want to take advantage of, you’ll need to make an account with that particular online casino vendor. Creating an account typically just requires an email address and password. Password security is always essential, but for an online casino, it’s necessary. Make sure to create a unique password that no one else knows uses uppercase letters, lowercase letters, symbols, and numbers for the best security.
From there, track down the offer, and it should link you directly to the banking page when clicked or display the bonus code for you there. Make sure your deposit bonus code is entered, and once you make your deposit, the bonus should also be available in your account. Remember to pay attention, as some casinos will let you redeem the new player code three or even five times! You don’t want to miss out on all that extra bonus opportunity. If you don’t use the code but continue to make deposits, you can make yourself ineligible for the maximum number of bonus offers.
You also need to be aware of any wagering requirements that may restrict the use of your bonus or the withdrawal of it. Failure to meet requirements can result in your prize being forfeited or locked into your account. There are different types of wagering-requirement, but one of the most common is playthrough requirements. An online casino might require that you place 30 bets before you have the option of making a withdrawal of any of your bonus money. It’s essential to be aware of any restrictions because some players might not place thirty bets in three months!
What Are Wagering Requirements?
Unfortunately, wagering requirements go hand-in-hand with nearly every casino’s first deposit bonus. They serve a legitimate purpose: they stop players from depositing money, receiving compensation, and immediately making a withdrawal and playing elsewhere.
Wagering requirements typically come in two forms: playthrough requirements or game restrictions. We’ll go over each in detail to understand the differences. Playthrough requirements: they are standard with nearly every initial casino deposit bonus. The difference between playthrough requirements can be reasonably staggering, though. For example, one online casino may require a 20x playthrough to access the initial deposit bonus, while another may require 30x or even 50x.
Large playthrough requirements can become even more challenging if time restrictions are imposed on the need. A casino may require that the playthroughs occur within only one or two weeks of the deposit bonus. Even a casino as big as Bovada has a disclaimer about trying to withdraw before bonus terms are met: “If a withdrawal is made before the bonus terms are met, all bonus funds, as well as any money earned by wagering the bonus, will be forfeited.”
That means Bovada will not only take the bonus but any of the winnings acquired from the bonus funds will also be forfeited to Bovada. This is not an unusual policy and one of the reasons you need to be familiar with playthrough limits. Game restrictions: game restrictions for real cash first deposit bonuses are less common, but they are still something to be aware of before making a deposit. One of the most common restrictions is that deposit bonus funds cannot be used on live dealer poker or table games.
Another restriction you might see is that bonus funds cannot be used across game types. For example, if your bonus deposit was given to you for sports betting, those funds likely would not be available for casino games.
Casino First Deposit Bonus FAQ
What is a Real Money First Deposit Bonus?
A first deposit bonus is a welcome offer by casinos to entice new players to try their games. Typically it’s activated via a coupon code, and it can provide bonuses of 50% all the way up to 100% on initial deposits for new players.
What Are Wagering Requirements?
Wagering requirements are tied to bonus deposits to keep players from immediately withdrawing bonuses and spending them elsewhere. Often wagering requirements will require you to place a certain number of wagers (sometimes called playthroughs) before accessing your deposit bonus like cash.
It’s important to look out for wagering requirements because if they’re not met, you can lose your entire bonus and any winning connected to that bonus.
Which Online Casino Has the Best First Deposit Bonus?
This is a subjective question. The best first deposit bonus in a casino suits your gambling tastes with wager requirements that you can easily meet. You do not want to lose out on a bonus and any winnings attached to it by not being able to meet a wagering requirement.
Can I Cash Out My First Deposit Bonus?
You will have to meet any wager requirements before being able to cash out your first deposit bonus. Attempting to cash out before fulfilling your wager requirements typically results in the bonus and any winnings connected to the bonus being forfeited to the casino.
Do All Casinos Offer First Deposit Bonus?
We’ve yet to come across a casino that doesn’t! If they do, it will be advertised in front and center. Make sure to check out wager requirements and any game restrictions on the first deposit bonus offers that you’re interested in.