If you were to deposit between £10 and £100 at Harry Casino, they would give you a 200% match bonus up to £200. So if you were to deposit £100 for example, you would receive £200 free giving you £300 in total to play with. The first thing you will notice is that your bankroll has instantly trebled – this will allow you to play for longer giving you a better chance of winning.
However, the £300 is not fully yours so to speak as you need to wager the bonus plus deposit (in this case £300) 25 times – this means you can need to wager a minimum of £7,500. You also need to play the eligible games (slots contribute 100% normally) to complete the wagering requirements.
If you were to win big though and are yet to complete the wagering requirements, you will lose the bonus (and in some case the winnings) if you decide to withdraw. A deposit bonus will give you a bigger bankroll to play with (which can lead to bigger wins) but you can’t withdraw as freely as you wish.
Not Taking a Deposit Bonus
If you don’t opt to take a deposit bonus when you deposit at a particular online casino, you will only have the money you deposit to play. Whilst your bankroll will be lower, there are no wagering requirements to complete and you can play whatever casino game you fancy.
On the other hand, and more importantly, if you win and want to cashout, you can do so without having to worry. If you deposited £100 at Jackpot Party Casino and played the Black Knight slot and won handsomely on the free spins feature, you could withdraw your winnings straight away. Could you imagine winning 500 times your stake and then having to complete wagering requirements to cashout? That would frustrate most players.
Taking a deposit bonus or not comes down to your personal preferences really. I would only take a deposit bonus if I have a low amount to deposit and if the wagering requirements are decent (up to 30 times deposit plus bonus). I played recently with a 100% deposit bonus (deposited £150) and completed the wagering requirements within an hour as I was playing so much. I withdraw the next day when I had a decent win.
Now, the counter argument is that no bonus means no headache – i.e. what you win is yours. I quite like this peace of mind to be honest as you can just play/withdraw without having to worry. I’ve won a decent amount before and checked with customer service a few times to see when I’m ok to withdraw. It must annoy the customer service reps too!
If you do wish to take a deposit bonus make sure you read the Terms & Conditions – decent wagering requirements and the eligible casino games need to be looked at in particular. Slots will also certainly contribute fully to wagering which is good but make sure that the slot(s) you like and play are allowed – you don’t want to be stuck playing slots you don’t like.
Want a deposit bonus that I think is value for money? Jackpot Party Casino offer new players a 100% match bonus up to £200 . You can deposit from £5 to £200 to qualify and it comes with only 20 times deposit wagering requirements. You can only play their slot games though which is great (they have WMS slots such as Zeus and KISS Shout It Out Loud).