As you may have guessed from the name of the offer, the 100% first deposit bonus allows players to double their first deposit amount. Read our guide below to find out more.
100% First Deposit Bonus
What is a 100% First Deposit Bonus?
It is a popular offer because you are immediately given bonus money to play with by simply depositing it into your account.
The bonus amount will vary for each of the best casino sites, with some offering a higher bonus return than others. It will also be capped at a maximum amount, and you will usually have to deposit a minimum amount of around $10 to qualify for the offer.
For example, a bookmaker may require customers to deposit a minimum amount of $10 to qualify for a 100% first deposit bonus, with the bonus being capped at $200, meaning those who make a first deposit of $200 will then have $400 to play with in their bookmaker account. If the bonus is capped at $200 and you deposit $300, you will have a total of $500 in your account to play with, with $300 in cash and $200 in bonus funds.
What terms come with a 100% First Deposit Bonus?
Players are usually expected to complete wagering requirements when they redeem a 100% first deposit bonus. This will again vary between each bookmaker’s 100% first deposit bonus, with it being the sole discretion of the bookmaker how big the wagering requirements will be. As a general rule of thumb, the more remarkable the 100% first deposit bonus is, the greater the wagering requirements that come alongside them will be. You will have to play through all of the wagering requirements before completing a withdrawal with the money as cash.
The bookmaker includes these to provide fairness on their side, with the carrot of the first deposit bonus coming alongside the catch of you having to turn over the bonus winnings a certain number of times. Just because wagering requirements are involved does not mean that you cannot come away from a first deposit bonus with cash. You still have every chance of winning big, and the wagering requirements won’t be unrealistic to the point where you can’t win.