What is a “deposit bonus” in online casinos?
A “Deposit Bonus” in online casinos is a type of promotional offer where the casino rewards players with bonus funds or free spins based on the amount of money they deposit into their casino account.
Typically, the casino will match a percentage of the player’s deposit, up to a certain limit, as bonus funds. For example, a common deposit bonus might be “100% match up to $200,” meaning if a player deposits $200, they will receive an additional $200 in bonus funds to play with, making their total balance $400.
Like welcome bonuses, deposit bonuses often come with terms and conditions, such as wagering requirements, which players must fulfill before they can withdraw any winnings associated with the bonus.