Are Deposit Bonuses The Best Betting Bonus?

If you’ve read a few articles on our site you’ll already know that we are huge fans of when online casinos offer a deposit bonus. You’ll also probably know that we are less than impressed by some other “gimmicky” betting bonuses that seem better than they actually are.

Today we’re going to talk about why we think deposit bonuses are the best betting bonus (and we think the others kind of suck).

  • 100 free spins

    Claim bonus
    Minimum Deposit

    €10

    Without Deposit

    10 free spins

    Wagering Requirements

    No wagering requirements on free spins

    Withdrawal Time

    Approved within 24 hours

  • 100% bonus up to €900

    + 110 free spins

    Claim bonus
    Minimum Deposit

    €20

    Without Deposit

    -

    Wagering Requirements

    30 times

    Withdrawal Time

    1 - 5 days

  • Up to €500 bonus

    + 100 free spins

    claim something
    Minimum Deposit

    €10

    Without Deposit

    -

    Wagering Requirements

    30 times

    Withdrawal Time

    1 - 5 days

  • 100% up to €200

    + 20 free spins

    Claim bonus
    Minimum Deposit

    €10

    Without Deposit

    -

    Wagering Requirements

    50 times

    Withdrawal Time

    1 - 5 days

  • 200% up to €50

    Claim bonus
    Minimum Deposit

    €10

    Without Deposit

    -

    Wagering Requirements

    30

    Withdrawal Time

    Up to 48 hours

  • 200% up to €100

    Claim bonus
    Minimum Deposit

    €10

    Without Deposit

    -

    Wagering Requirements

    40

    Withdrawal Time

    1 - 5 business days

  • Deposit €100, play with €200

    + 100 free spins

    Claim bonus
    Minimum Deposit

    €10

    Without Deposit

    -

    Wagering Requirements

    30 times

    Withdrawal Time

    Depends on withdrawal type

  • 50 free spins

    1 wager-free free spins for every €1 you deposit

    Claim bonus
    Minimum Deposit

    €5

    Without Deposit

    -

    Wagering Requirements

    No wagering requirements

    Withdrawal Time

    Within 11 hours

  • 100% bonus up to €100

    + 50 free spins

    Claim bonus
    Minimum Deposit

    €5

    Without Deposit

    -

    Wagering Requirements

    30 times

    Withdrawal Time

    Within 48 hours

Deposit Bonuses: The Best Betting Bonus

There’s a reason that most casinos out there will run a deposit bonus scheme at some point or another – players love them.

Deposit bonuses (when they are run correctly) allow players to double or even triple their initial deposit without even placing a bet. It’s like you’ve instantly won a 2/1 or 3/1 wager with absolutely no risk at all.

While it’s true that wagering requirements make this idea of “instant winning” from the bonus a little more complicated than it sounds – the concept is still sound. Providing you’re planning on gaming for at least a little while at the casino (to meet the wagering requirements), it’s essentially free money.

Free Spins: The Worst Betting Bonus

Online casinos love to make a huge deal about offering their players free spins as a welcome bonus, but in our opinion – they’re almost worthless (in most cases).

The way free spins work is that you’ll be allowed to have a certain number of plays on either video poker or slot machines (of the casino’s choice). The good part about this is that there is often no wagering requirement and whatever you win you can withdraw (most of the time). But that’s where the good news ends.

To make free spins more profitable than a deposit bonus, you’re going to either need to get super lucky or be depositing a very small amount in the first place. Of course, it’s possible to get lucky and hit the jackpot on a free spin – but let’s face it, the chances of this happening are slim to none.

Free Spins + Deposit Bonus = The Best Betting Bonus

Now we know that we have just hated on free spins in the section above, but there are a time and a place for free spins to be more than welcome.

When a casino offers free spins alongside a deposit bonus we get super excited. They’re very rare promos (we don’t see many of them around) and when they are on offer they are almost always only valid for new players. 

Providing the casino is not lowering the size of the deposit bonus to provide for the free spins, then a free spin + deposit bonus combo is hands down the best betting bonus you’re going to find. 

This may change in the future, as casinos are constantly competing with each other to offer players a better betting bonus than their competitors (without losing money)… 

But for now, free spins + a deposit bonus = the best betting bonus.

Note: We also like it when casinos reward existing players with free spins out of the blue with no deposit required. Again this doesn’t happen very often, but it’s always great to get something for free (as long as it’s not at the expense of a deposit bonus).

Conclusion

So there you have it, that’s what we think is the best betting bonus you’re ever going to find (for now).

Deposit bonuses combined with free spins are uncommon, and we go to extreme lengths to ensure we try and find them whenever we can. Check the links at the top of this page to see if any are active at the moment.