Deposit Vs No Deposit Vs Welcome Bonus
The online casino world is exciting, and with more online casino platforms popping up every day, deciding where to play at or where to invest your funds can be difficult. Many facets of the industry, though, pique the curiosity of those with financial or entrepreneurial aspirations in the immensely popular field of iGaming. Since the online casino market is so competitive, operators have had to come up with new and exciting ways to attract and retain clients. And one of them is offering various bonuses and promotions to the players.
If you are new to online casinos or iGaming in general, you might be uncertain what each bonus choice has to offer and which one is better for you. Below, we go through the three most popular categories of incentives, their advantages, and how they vary from one another.
The most common bonus offers at online casinos
Welcome bonus
The welcome bonus is the first category of bonus you will encounter in any online or live casino. It is usually a mix of free spins and deposit bonus, but it could be either one or another type of bonus. New players who register for the online casino for the very first time are eligible for welcome bonuses. They, like any other bonus, must be wagered a certain number of times before being withdrawn.
The advantages of welcome bonuses
- Increases your bankroll so you can play at online casinos.
- Rather than just your initial deposit, you will have access to a larger amount of funds to play with.
Free spins are included in some offers as an added bonus.
Deposit bonus
Deposit bonuses are incentives given to you when you make a deposit at any online casino. The most common type of incentive is the sign-up or match bonus, but you can also get one subsequently as part of an advertising campaign.
Such bonuses may cover a part of your deposit (such as 50%, 70%, or anything beyond) or the entire amount. They always consist of an array of terms and conditions, so make sure you read them before withdrawing.
No deposit bonus
A No deposit bonus differs from the other two in a few ways. Here, the bonus would be given without any need to make a deposit. The online casino can provide you with free spins or free chips for your gameplay.
The site’s aim would be to ensure that you can play their games. Such a deal is usually much less than an online casino’s welcome bonus and doesn’t offer a large amount of funds to play.
The advantages of no deposit bonuses
- Free spins enable you to try out new games without risking any of your own money.
- You do not have to make a deposit to avail this kind of offer.
- Before spending your own currency, you can use free chips to play table games.
The free play bonus is the newest kind of no-deposit bonus. It’s a big cash prize that players must spend within a certain amount of time. Players typically have 1 hour to use their free play offers at online casinos. Players would be entitled to retain all earnings above and beyond the free play bonus at the end of the period. Any casinos impose limits and put a cap on how much money can be withdrawn.
The differences between the bonuses
| Welcome Bonus | Deposit Bonus | No deposit bonus |
| Bonus money is available for wagering. | Requires a deposit to be made first. | Gives away free chips or spins. |
| Certain promotions can be redeemed multiple times. | May cover some or all parts of your deposit | Some promotions are exclusive to each game, encouraging players to try out new games. |
| Depending on the bid, bonus cash may be worth up to $1,000 or more. | Enjoy games for free without having to make a deposit. |
The reputation of the casino
It’s not just about the wagering conditions when it comes to bonuses. Before financing your account, you should think about an internet casino’s credibility. After all, you don’t want to withdraw a large sum of money only to be burned by a casino that doesn’t respect your withdrawal. Any shady websites often have vague requirements and conditions that make cashing out funds tough. The only way to stop these snafus is to read the fine print before pursuing a bonus. When it comes to a site’s credibility, reviews are also useful. You can only gamble for real money at legitimate casinos with a track record of prompt payouts.
Going about the game
The sum of money you must wager before drawing out bonus money is known as the playthrough (also known as the rollover). It’s either a multiple of the bonus or multiple of the bonus + the deposit sum. The value of the rollover is determined by the amount of money you invest. Simply put, it differs from one casino to the next.
Consider the following scenario:
One gaming site may demand a 20x playthrough requirement on the deposit bonus. In the meantime, another casino would need you to do a 50x rollover.
In this case, the first contract is clearly the better one. As a result, you should seriously consider it if you want to have a better chance of withdrawing your assets.
Bet the maximum
Previously, certain gamblers took advantage of incentive deals by completing the rollover requirement in a single bet or a sequence of big wagers. When a gambler easily completes the playthrough requirements on a no deposit bonus and gains free money, this condition becomes even more complicated. Casinos do not want players to take any drastic measures in order to obtain bonus funds. Instead, they prefer players to take advantage of bonuses to the greatest extent possible before determining whether or not they want to continue playing at the casino. As a result, certain gambling platforms impose a maximum bet. Players must not wager more than a certain amount when a bonus is available, or the bonus will be void.
Winnings maximum
Online casinos like to tread a fine line in providing you with chances to win free money and not exploiting you. As a result, they set maximum winnings on specific bonuses. When it relates to no deposit deals and free spins, this is a common stipulation. Both of these offers are dependent on the amount of money that can be won from a payout.
All forms of deals normally payout up to $100 or $200. As a result, you also have a chance to earn a sizable sum before reaching the win max.
Restrictions on the game
Playing games with a high RTP is an easy tactic for fulfilling playthrough while expecting fewer setbacks. To access your funds, you could, for example, play an online blackjack game with a 99.5% RTP.
So what do we offer at Winissimo?
At Winissimo Casino, you will find a wide variety of casino bonuses aimed at making your iGaming experience even more enjoyable and exciting. The casino welcomes all new players with an enticing welcome bonus when they register. Aside from the welcome offers, you can also take advantage of other special incentives and rewards such as monthly offers, cashback, premier league promotions, and so on.
The most intriguing feature is that we deliver a plethora of casino bonuses and deals at frequent intervals. Please note that each of the casino’s promotions comes with wagering conditions that must be met by all players in order to collect their winnings. So, before you wish to assert them, make sure you read them carefully.
Conclusion
These bonuses appeal to players depending on their requirements. Some may prefer welcome offers while some other deposit ones. Although these bonuses won’t make you instantly rich, they are a great way to get your casino bankroll started or have some fun playing your favourite casino games without taking any monetary risks. You can try your luck with any of these bonuses available to see how far you can push it. If you try hard enough and get lucky, you will probably be able to make some withdrawals.