Home: Types of First Deposit Bonuses

The Common Types of First Deposits Offers Available in Casinos

Most, if not all, casinos in the online gaming industry have first deposit bonuses. These are packages issued to players once they deposit a specific minimum amount into their casino account. The prevalence of these types of offers continues to grow, and that is a sign that they are fulfilling their purposes of attracting casino buffs. However, what you should know is that there are different types of first deposit offers, including:< /p>

Multiple Deposit Bonus

The multiple deposit package is a casino offer where the operator rewards you for making multiple initial deposits. You may find a casino giving cash offers for the first, second, and third deposits you make. Some even offer a package for the fourth deposit. The cash reward you get, vary in percentages, depending on the casino in question. But before you scoop such an offer, check the terms and conditions and most specifically the wagering requirements for you to know what is required

Preferred Deposit Bonus

Types of First Deposit Bonuses

There are many instances where the operator asks you to deposit your initial wagering amount using a specific payment method for you to get a welcome offer. The package you end up getting is what you call a preferred deposit bonus. What makes it distinct from the other types of first deposit packages is that you will not get the reward if you don't use the specified method of payment. Some casinos will ask you to use Skrill or Neteller, while others will settle for Paysafecard or MasterCard. Either way, follow the instructions given for you to claim your reward.

High Roller Offer

High rollers are casino players who are popular for wagering huge amounts of cash in a single session. To get a high roller bonus, you should, therefore, make a significant initial deposit. Some casinos require a minimum of $100, while others ask for more. Unlike most types of first deposit bonuses, the high roller packages come with small wagering requirements. Some people refer to these packages as VIP offers.

Deposit Spins Bonus

The deposit spins promotion is a perfect type of welcome package for slot machine fans. That is because instead of cash rewards, the operator offers players free spins. They can range from 50 to 100 free spins and sometimes more. Such a package often comes with additional rules, such as the type of slot machines you should play using the free spins. The offer also comes with a wagering requirement that you have to meet before you are allowed to withdraw the earnings.

Reload Bonus

Types of First Deposit Bonuses

Lastly, there is the reload offer where the casino rewards you the minute you reload your account. These casino packages are usually significant, and so you may find yourself getting between $50 and $100 on the first reload. Similar to other first deposit packages, the reload bonus comes with a wagering requirement and other package terms. They are, however, less stern compared to other promotions.

These are the first deposit offers commonly found in casinos. But first, you have to claim them by making a minimum initial deposit stipulated by the operator. They also come with various rules that you have to follow to avoid retraction of the offer. The advantage of each package is that they help you boost your bankroll and extend your gameplay in casinos.

While the average qualifying deposit for a signup deposit or a reload bonus ranges from $10-$30, some operators accept deposits as low as $5.

Where to Find the Best $5 Minimum Deposit Online Casinos In Canada

Canada's online gaming scene is rich with options, but not all provide the best experience for newcomers. Online casinos offering low minimal deposits, in the range of 45 are proving particularly popular, so for those wondering what the best $5 minimum deposit casinos in Canada, you can find the top 10 platforms right here.

The reason why players seek out low-deposit casinos is that they can play on a budget, with minimal deposits ranging from $1 (extremely rare) to $10, with the middle ground of $5 particularly popular among players. What you get is full access to all games and the platform's complete experience for a small deposit of 5 dollars.

All the newcomer welcome bonuses still apply, like the $25 bonus for the initial $5 deposit which has become sort of the norm in Canadian online casinos, and/or an offer of a different number of free spins. Unlike no deposit bonuses, a $5 deposit opens up all types of games including progressive jackpots, slots, table games, video poker, and more.

Key things to consider when selecting from the top 10 Canadian $5 deposit online casinos are wagering requirements, security and ease of use, game selection, cross-device compatibility, and the casino's legal license. Bonus offers, customer support, and banking options are also things to keep in mind.

A Closer Look at No Deposit Deals Versus Other Types of Casino Bonuses

It's not a deal-breaker if a certain online casino doesn't offer a no deposit bonus, as players can still enjoy various other types of rewards. Nearly every casino provides a range of promotions that compensate for the absence of a deposit-free offer, including the reload bonus, cashback bonus, and referral bonus.

Let's begin with the reload bonus. Almost every top-tiered venue features this type of incentive, and players simply love it. The operator matches the deposit, playing a similar role to the welcome bonus, but exclusively for returning players. Players can claim it more oftenly, since the casino knows to attach higher wagering requirements to it.

Next, we have the cashback bonus. This offer acts as a safety net, helping players recover from losses. The operator grants the player a percentage of their losses, explaining the name of the offer. Most operators offer a cashback bonus ranging from 5% to 20%, and it is not tied to strict wagering requirements, providing a great way to stay on track.

Last but not least, the referral bonus deserves a mention. This offer serves a dual purpose, as the operator rewards the existing player for referring a friend who becomes a potential newcomer. In this way, the casino benefits both parties.

Although players may still seek a no deposit offer alongside the aforementioned deals, they can explore top-ranked minimum deposit casinos in NZ to find suitable deals and win huge prizes.