Pro’s and Con’s Of A 200 Deposit Bonus
Online casino welcome bonuses vary from site to site. These come in various forms and two of the most popular are the 100% and 200% first deposit bonus. A percentage deposit bonus is by far the most popular and more often than not comes with a set amount of free spins attached.
Deposit bonuses work by calculating an initial % on a deposit made by the player. For instance, if a player wagered ?100 and accepted a 200% first deposit bonus, the player would have a total balance of ?300 to play on casino slots and games.
Welcome Bonuses
Online casinos provide various types of welcome bonuses as an incentive for new players after they make their first deposit. Generally, these are percentage bonuses, for example, if a casino offers a 100% first deposit bonus and you deposit ?20, the casino would give a ?20 bonus so you would have ?40 to play. With a 200% first deposit bonus, by depositing ?10, your bonus incentive would be ?20 giving you ?30 to play with.
Free Spins Bonus
A free spins bonus provides new players a set amount of free spins to play on slot games on their first deposit. Some offer a combination of a percentage bonus plus free spins on selected games.
Free Spins On Registration No Deposit
Free spins on registration no deposit is another incentive many online casinos provide to welcome new players. Once a player registers with the casino they are automatically awarded a set of free spins to play without making a deposit. Again, these spins do come with wagering requirements so always read the small print to determine the value of the spins.
Sometimes you may come across a ?3 minimum deposit casino or a ?5 deposit casino, although these casinos are harder to find they are a great way to get to know a new online casino without having to wager large amounts of cash. However, if you want to take advantage of a 200 deposit bonus you would have to deposit a minimum of ?10 or more, depending on the casino’s bonus wagering terms.
A 200% welcome bonus, along with many other bonus incentives are provided by an online casino to attract new players and also increase their chances of winning. Although a 200 deposit bonus is harder to come by these days they are still available and popular amongst online casino players.
There will always be pro’s and con’s with any casino bonus, the same applies for a 200 deposit bonus, here are a few to consider:
By choosing a 200% welcome bonus you are effectively tripling your bonus money. If you deposit ?20, you will receive ?40 in bonus funds so total playing funds will be ?60 (including your deposit).
Check the wagering requirements as these may vary from casino to casino. Generally they are around 35x up to 50x but could be higher.
Games maybe limited when playing with bonus funds. Some welcome bonuses may stipulate a particular slot for playing your bonus funds.
Many Bonus offers do come with an expiry date or a time frame to fulfill wagering requirements. Read all bonus T&C’s thoroughly before choosing any deposit bonus.
Banking Methods For 200% deposit bonus
200% deposit casinos often stipulate certain conditions in their bonus terms and this can include banking methods to play a bonus. Neteller and Skrill are popular deposit methods but unfortunately are not always valid at some casinos offering a 200% bonus. If these are your preferred payment methods, you need to choose another method in order to redeem the bonus.