Deposit and No Deposit Bonus: Pros and Cons

One of the best parts about joining an online casino is that there are always bonuses available. Now, there are a wide array of different types of bonuses on offer, and which players choose depends on what they’re looking for. The two main types of bonuses are deposit and no deposit bonuses. But these are very different. So, with that in mind, let’s take a look at what these different bonuses offer when you join an online casino.

How to get a deposit bonus

This is one of the most common bonuses players will find when playing online. Casino Stranieri offer this type of promotion. Typically, a deposit bonus is available as a welcome offer and also for those who are return players. To claim this bonus, players must make an initial deposit. There is always a minimum and maximum deposit requirement for these bonuses and failing to meet these requirements results in no bonus being added.

Depending on the deposit bonus, making a deposit may boost the bankroll of the player if it is a match deposit bonus. Alternatively, making a deposit may see the player getting their hands on hundreds of free spins. In fact, it’s also possible to get both with a deposit bonus. It simply depends on what the casino is offering.

Claiming a no deposit bonus

In direct contrast to deposit bonuses, no deposit bonuses, as the name suggests, do not require a deposit at all. As such, they’re quite popular with players as they offer a free, risk-free option to get a bonus. Because there is no deposit required to claim such an offer, players will find that there are other requirements in place in order for the no deposit bonus to be added.

Usually, this means that players will need to opt in for the bonus during the sign up process. This can be simply checking the opt-in box, or inputting a code to claim the offer. Failing to follow these steps can actually result in the bonus not being added to the account and the player missing out entirely.

Deposit bonus pros and cons

There are many really great reasons to take on a deposit bonus. For one, they tend to offer large bonuses. As the player is making a deposit and risking their own funds, the betting site or casino tends to offer more making these a very lucrative option. An additional point in favor of this type of bonus is that they’re very easy to understand. Casinos are very clear about how these work and the potential winnings you can get from them.

They’re available across a range of different games too, with many deposit bonuses also eligible for use on live casino games, not just slots or virtual table games. Excitingly, these types of bonuses are also not limited to the type of promotion. As mentioned, you can get a match deposit bonus and/or free spins as part of the same offer.

All this being said, there are some cons to deposit bonuses. First of all, players do have to risk some of their own funds in order to claim it. These funds can be completely lost if the player is unable to win. Additionally, they always come with terms and conditions, namely, wagering requirements. This requires players to play through their winnings a certain number of times before a withdrawal can occur. These requirements can often be quite high, anywhere from 20x to 70x the bonus amount, which can be impossible to achieve.

No deposit bonus pros and cons

Just like any bonus, no deposit bonuses have a number of positives. First, they’re completely risk-free. As players are not required to make a deposit in order to claim the offer, players can potentially win money without any risk to their own bankroll. This means that it is a good way to check out what the casino has to offer before taking the next step and actually making a deposit.

However, because these are free bonuses essentially, they tend to be quite small. Unlike deposit bonuses which can be very lucrative, no deposit bonuses often only award a couple of dollars in free cash or 10 free spins.

As such, it’s really down to each individual in terms of what they’re looking for in their bonus.