Deposit bonuses are promotional offers that online platforms—like casinos, sportsbooks, or trading sites—give you when you deposit money into your account. They’re basically incentives to encourage you to sign up or keep using the service. Here’s a quick breakdown:
What is a Deposit Bonus?
A deposit bonus usually means the site will match a percentage of your deposit up to a certain amount. For example:
-
100% deposit bonus up to $200 means if you deposit $200, you get $200 extra as bonus credit.
-
50% bonus up to $100 means if you deposit $200, you get $100 bonus.
How to Use a Deposit Bonus:
-
Sign up/Login: Create an account or log in to the platform.
-
Claim the Bonus: Sometimes you need to opt in or enter a promo code.
-
Make a Deposit: Deposit the required minimum (e.g., $10 or more) to activate the bonus.
-
Receive Bonus Funds: The bonus is credited to your account.
-
Use It: Spend it according to the platform’s rules (betting, trading, playing games).
-
Meet Wagering Requirements: Most bonuses come with wagering requirements (e.g., you must bet 20x the bonus before withdrawing).
-
Withdraw: Once you meet the terms, you can cash out your winnings.
Important Tips:
-
Always read the terms and conditions.
-
Check for expiration dates on the bonus.
-
Understand game or platform restrictions (some games or bets may not count toward the wagering requirement).
-
Some bonuses are for first-time deposits only, others are ongoing offers.
