Deposit Bonuses
Deposit bonuses are eye-catching promotions that never fail to draw a crowd. They usually have a lot of requirements, and some of these are quite strict, but they also offer the biggest payouts of all gambling bonuses.
If you’re looking for the best deposit bonuses or want to learn more about these offers, you’re in the right place.
Types of Deposit Bonuses
Deposit bonuses come in all shapes and sizes. Some sites ask you to play a game of chance, one that ultimately decides what type of bonus you get. Others give you an amount based on the size of your deposit.
Let’s take a closer look at these types of deposit bonuses.
Spin the Wheel
The Spin the Wheel bonus type is one of the most common welcome bonus types at Jumpman Gaming casinos.
You make a minimum deposit (often just £10) and can then spin a prize wheel. It includes deposit bonuses, free spins, and even Amazon vouchers. It also includes a segment for nothing at all, and as the result is determined by RNG, you have the same chance of hitting every segment.
On the surface, it seems like the perfect bonus for small stake players. After all, your deposit amount does not determine your bonus, so it should be possible to get a super-sized bonus that would usually be reserved for higher spenders. In fact, many Jumpman sites promise just that, with maximum prizes of 500 free spins and 1,000% matched payouts.
But the terms offset all of those positives and essentially turn these bonuses into 100% matched offers with a built-in novelty factor.
The key term to look out for goes a little something like this: “The maximum bonus conversion is equal to your lifetime deposits”.
It means that you can’t withdraw more than you have deposited throughout your time with the site. As it’s your first deposit, it basically means that you can’t withdraw more than your first deposit amount.
If you deposit £10 and are lucky enough to collect the 500 free spins, you’ll be limited to a maximum withdrawal of £10.
It’s still a great bonus, but it’s not as generous as it first seems.
See below for a list of the best Spin the Wheel bonuses and similar offers.
*New players only, £10 min fund, 65x bonus wagering requirements, max bonus conversion to real funds equal to lifetime deposits (up to £250) and Full T&Cs apply. 18+ BeGambleAware.org Please play responsibly #ad
Deposit Match Bonuses
A deposit match bonus or matched deposit bonus gives you a sum based on your deposit. The most common match is 100%, which means a deposit of £100 gives you £100 in bonus credits. 50% and 200% bonuses are also fairly common, giving you £50 and £200 respectively for that £100 deposit.
These are by far the most common type of deposit bonus and they work for players of all stake levels.
*New players only. Min deposit £10. 100% up to £100 + 30 Bonus Spins on Reactoonz. Bonus funds + spin winnings are separate to cash funds and subject to 35x wagering requirement. Only bonus funds count towards wagering contribution. £5 bonus max bet. Bonus funds must be used within 30 days, spins within 10 days. Affordability checks apply. Full T&Cs apply. 18+ GambleAware.org. Please play responsibly. #ad *New players only. Min deposit £10. Bonus funds are 121% up to £100. Bonus funds are separate to cash funds and subject to 35x wagering requirement. Only bonus funds count towards wagering contribution. £5 bonus max bet. Bonus funds must be used within 30 days, spins within 10 days. Affordability checks apply. Full T&Cs apply. 18+ GambleAware.org. Please play responsibly. #ad
Welcome Package Bonuses
A welcome package bonus combines matched deposit bonuses with other promotions, including free bingo tickets, free bets, free spins, and/or cashback.
These “packages” are usually spread across multiple different deposits. For instance, you might get a 100% matched bonus with your first deposit, a 50% bonus and free spins with your second, and 200% with your third.
These bonuses usually combine the total bonus amount into a single figure and then use this in the advertising. So, if they offer four deposit bonuses of £100 each, it may be advertised as a £400 bonus.
This combined offer helps to draw players in. It also encourages players to keep depositing after collecting their first bonus.
*New players only. Min deposit £10. 100% up to £100 + 30 Bonus Spins on Reactoonz. Bonus funds + spin winnings are separate to cash funds and subject to 35x wagering requirement. Only bonus funds count towards wagering contribution. £5 bonus max bet. Bonus funds must be used within 30 days, spins within 10 days. Affordability checks apply. Full T&Cs apply. 18+ GambleAware.org. Please play responsibly. #ad
What are the Wagering Requirements on Deposit Bonuses?
As with all casino promotions, deposit bonuses have a number of terms and conditions. The most important of these are listed in the small print underneath the bonus offer. For the rest, you’ll have to dig through the full bonus terms and conditions.
Here are the most important ones to look out for:
- Minimum Deposit: All bonuses have a minimum deposit. It’s the lowest amount you must wager to collect the bonus and it’s usually around £10 to £20. Some bonuses have minimum deposit amounts that are higher than the site’s minimum deposit, so it’s possible to fund your account without meeting the deposit terms. When this happens, you’ll miss out.
- Wagering Requirement: The number of times that the bonus must be wagered before you can withdraw the funds to your chosen payment method. It varies, but the average is around 50x, which equates to £5,000 for a £100 bonus.
- Payment Method: Skrill and Neteller are often excluded from deposit bonuses. The same may apply to other e-wallet payment methods. Check for this term if you use any of these methods.
- Maximum Cash Out: The most that can be withdrawn from the bonus. As noted above, this can be a very disappointing term for Spin the Wheel bonuses but it also applies to many other offers.
Always look for these terms before collecting a deposit bonus.
Some of the most common complaints against online casinos relate to bonuses, often as a result of an oversight or misunderstanding. To avoid any such outcomes—and the inevitable frustration that follows—check those terms!
Deposit Bonuses FAQs
If your deposit bonus doesn’t appear in your account, check the terms and conditions and make sure you have met all of them. If the bonus is still not there, contact the customer support team.
When you meet the terms, the casino should transfer the funds quickly and without issue. If you overlooked one of the terms or made a mistake, you may be out of luck. There are sites that will take pity on you and give you the bonus, but they are rare. More often than not, you’ll be pointed to the terms and conditions, given a form response/apology, and then left to stew in your anger.
It depends on the bonus, but most sites require you to deposit a minimum of £10.
You can find deposit bonuses on sportsbooks, casinos, bingo sites, and poker rooms. They are commonplace throughout the industry and we have listed the best of them on this page.
Yes, these bonuses are rarely restricted to specific platforms. You should be able to deposit and collect on mobile and desktop.
