SIGN UP LOG IN
 

First Time Depositor Review

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z OTHER

What Is A First Time Depositor ?

When a player puts their own money in a casino account for the first time, he or she is a first time depositor. Online casinos (and sometimes offline as well) tend to offer new players perks for doing this. Usually, they will offer a cash bonus or something else to entice players. They often use these bonuses as a way to get players to join and make a deposit. New players can generally only get one bonus of this type.

First Time Depositor Explained

In most cases, first-time depositors are those who are new to online gambling. However, seasoned players will often join a new casino just to get a bonus for making their first deposit. Many will do this with several new casinos at once.

There is a lot of competition among online casinos. This is one of the reasons virtually all of them offer bonuses to first-time depositors. These bonuses generally reward new players for making a deposit. Online casinos tend to give players a percentage of the money they deposit into their account. Each casino chooses a minimum amount and a maximum amount they are willing to meet. A typical first-time depositor bonus is a 300% match to what a player pays out. The maximum the casino will meet is $3,000.

Online casinos generally require new players to use their cash bonus for gambling. Very few, if any, will allow players to withdraw that money. Bonus money is designated for use in a casino’s games, often slot machines. When a first time depositor bets on a game, they must use the bonus money in their account. They must continue to use this money to place bets until it is all gone.

In the rare instances where players can withdraw the bonus money, they are required to have wagered it a specific amount of times first. This protects online casinos from players taking the bonus money in a way that doesn’t benefit the casino. Virtually every casino has wagering requirements in place that players must meet. If they don’t, they can’t withdraw any of their winnings.


MOST POPULAR ONLINE CASINO & SPORTSBOOK WIKI TERMS

VIVO Gaming

Gaming can provide you with a high level of relaxation and entertainment. If you want to step up…

GamesOS/CTXM

GamesOS company was earlier popular as CTMX that is serving a wide range of audiences in the casino…

Nolimit City

Nolimit City is a Sweden-based team of young and innovative minds that develop software for the gaming industry.…

Casino

What Is a Casino ? The term “casino” refers to a business institution, which has gambling devices and…

Head To Head

What is Head To Head? Two players competing with each other is known as head-to-head game. Any game…

Loyalty Bonus

Online casinos and sports betting sites present more than just great games to keep you as a member.…

Playson

Playson is a popular casino provider in the betting sector and casino gaming platform. The company was established…

Bitcoin Games

Satoshi’s Secret is the most popular Bitcoin games, you cannot only bet via BTC, but the game theme…

Mybetting Deals Tools

Surebet by BetBurger

Surebet by BetBurger

BetBurger is a service focusing on arbitrage bets, also known as sure bets. It turns sports betting into an investment.

Matched Betting by OddsMonkey

OddsMonkey

OddsMonkey offers matched betting services with features to enhance your profits with the best betting offers.

Live Sport Results and Statistics

Live Scores

Always keep ahead of the sports betting game with our real time results and statistics!

2000+ Free Slots

Play the best online slots and your favourites from the biggest developers for free right here!