The Best Minimum Deposit Bonuses For Enjoying Various Casino Games
It can sometimes be confusing to navigate the world of online casinos. The options are almost limitless and there are many similar sounding bonuses offered. The minimum deposit bonus is one commonly offered type that requires players to make a deposit of a given currency that's generally very minimal and low to activate it.
What is a Minimum Deposit Bonus?
It is a type of bonus that's typically offered as a welcome bonus to new players that register and create a new account at an online casino. The bonus serves two main purposes. First, it lets you know the least amount of money required to play at a certain online casino. Second, it also helps you find casinos that are best suited to your budget.
Minimum Deposit Bonus Types
Online casinos usually offer 3 types of minimum deposit bonuses:
- $1 Deposit Offer
- $5 Deposit Offer
- $10 Deposit Offer
$1 Deposit Offer
It is a bonus that's offered by a few select online casinos as part of the welcome bonus. The bonus is almost always offered in the form of free spins, which are part of the welcome package for new players. Free spins are an excellent way to build up your bankroll and get a shot at winning a massive payout. Free spins are a great way to test out new casinos without risking your own money and $1 can be considered almost free.
$5 Deposit Offer
It is the bonus that comes to mind when most people think of low deposit casino bonuses. Unfortunately, many online casinos have set the lowest deposit amount that players can make to activate the bonus at $10. Still, several casinos offer players this type of offer to give you a glimpse into the services they offer without breaking the bank. The great thing about a $5 deposit offer is that it is realistic.
$10 Deposit Offer
It is a bonus that you will often find being offered at most online casinos since it is the best incentive offered to players to encourage them to register and start playing real money games. It is almost always offered as part of a welcome bonus. Once you have played the bonus, casinos can offer you other goodies such as loyalty points that can be exchanged for free spins or money.
Terms and Conditions of Minimum Deposit Casino Bonuses
All bonuses offered by casinos (including the minimum deposit bonus) are subject to wagering requirements. It means that the bonuses have to be wagered the required number of times before they and any associated winnings can be withdrawn.
If you claim the offer but fail to meet the wagering requirements and lose all your bonus money, you will forfeit your deposit too in some casinos. The reason why this is the case is that players usually wager their real cash first.
Not all bets are regarded as equal when it comes to betting with the bonuses. Slots usually count 100% towards the wagering requirement, but other games such as blackjack may count just 10%. So, if you were to bet $1 on blackjack and win $1, it will only count as $0.10 on the wagering requirements.
Additional terms and conditions apply depending on the casino.