Best $10 Deposit Bonus NZ
First deposit or Welcome bonuses are exactly what the name suggests, specially created offers that you can only claim asa new player at the casino. They also are the most common bonuses and by far the most popular as they provide the biggest advantage to your casino account.
These shouldn’t be confused with a no deposit bonus, which is using an offer that doesn’t require a deposit and activates after registration. Instead, these can be seen as a deposit bonus as well, which is only available with the very first deposit you make. In most cases, the casino wouldn’t reward a welcome bonus if you’ve made a deposit without accepting a bonus. Therefore, if you are interested in the welcome bonus at a casino, ensure you activate the offer with the very first deposit.
There are various types of welcome offers, beginning with a single welcome bonus, which basically means only your first deposit adds additional cash to your account. Usually, casinos that use this form of bonus would provide a higher match value while also making it possible to claim more with the deposit.
There are also welcome packages, which is almost like a single welcome bonus that covers you are multiple deposits. These are just as popular as single deposit bonuses, but usually include lower and maximum bonus values, which is great for players who don’t want to deposit large amounts at once.
There are also many casinos that include free spins as an additional advantage. Free spins are mostly seen with NetEnt and Microgaming casinos as these developers include the free spin promotions with their software. Casinos that offer free spins would still provide a match bonus but since you get free spins with that, you can claim more games and activate additional bonus cash that can of course be used on other games they offer.
So, you will get free cash and possibly even free spins as the first deposit bonus, but what does this really mean in terms of gaming?
Well, imagine yourself walking into a land-based casino and instantly receiving double or even triple your money before you even play a game. Of course, this means you can play many more games but more importantly it increases the opportunities to win. With the free spins, not only do you get to play the latest as most popular games to win more bonus money, it also adds to your account total, making it possible to play even more games.
With a welcome bonus, that’s exactly what you will get, simply because you joined the casino for the first time and you are making your first deposit. Of course, this is a major advantage for any player, especially when you accept a welcome package from a casino where you are planning to return multiple times in the future.
$10 Deposit Bonus Terms and Conditions
You’ll find most online casinos include unique terms and conditions with each of their offers, but more importantly, even the welcome bonuses differ from casino to casino. With that said, there are certain features about the welcome bonus that appear with each casino, which relates to the most important details about the bonus and are therefore the ones you really need to know about.
First and most important, the wagering requirements. In the terms and conditions of any casino bonus, you will find what’s called wagering requirements or playthrough requirements with a multiplier value included (example: wagering requirements of 30x). The amount given tells you how many times you need to play through your bonus amount. For example, if you accepted a bonus of $10 and the wagering requirements are 30x, it means the wagering requirements are the $300. To meet these requirements, you need to play games until it adds up to that amount. Some casinos would include much higher wagering requirements while others would be a lot lower but also include your deposit value.
Other important terms and conditions relate to the games you can play with the welcome bonus or package. These are also shown in the terms and conditions and usually include a percentage next to each game time. The percentage determines how much of each bet accounts towards the wagering requirements. So, if you play a game that contributes 100% and play $2 per round, it means your total wagering requirements would decrease by $2. If you play the same bet on a game that only contributes 50%, it means only $1 would count.
The other terms and conditions involved with the welcome bonus would include how long the bonus remains active, the minimum deposit, how much you can wager while meeting the playthrough requirements and of course, the games that are completely excluded.
First Deposit Bonus Pros
With the welcome bonus, there are many benefits added to your account when you are a first-time player, including:
- Playing more games with an increased balance that consists of free cash from the casino
- Having the opportunity to turn the bonus funds into real money
- Receiving free spins to play the latest games and activate even more free bonus money
- Receiving free money with multiple bonuses when you choose a welcome package
First Deposit Bonus Cons
Of course, they also a few disadvantages, which mostly relates to the terms and conditions included.
- Meet wagering requirements before you can withdraw
- Being limited to particular games while wagering
- Only being able to claim the bonus once when you are new