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What is a Preferred Deposit Bonus?

Online gambling sites offer different types of bonuses to attract and reward players. One of the bonuses offered by several sites is the preferred deposit bonus. Players can qualify for it when they choose to make deposits with a payment option that is preferred by the website.

 

This bonus is sometimes offered along with the welcome deposit bonus at sites. Players can decline it by contacting customer support at the site. This could disqualify you from receiving promotional offers in the future.

 

Deposit Methods

 

The preferred deposit methods for the bonuses vary across sites. Some websites offer benefits when players use a particular e-wallet or credit/debit card. Not all e-wallets and credit cards will be accepted by sites. Check to make sure the e-wallet or credit/debit card you use is one of the preferred deposit methods.

 

Deposit Conditions

 

There are certain conditions players should fulfill to qualify for the promotion. A minimum deposit amount will be required to qualify for the offer. The maximum amount that will be awarded in the offer will be mentioned by the site. The amount will depend upon the size and type of the deposit. Some sites offer a percentage of 5-15% of the deposit amount as the bonus.

 

Bonus Code

 

Once the deposit is made, there are two ways in which the bonus is awarded. One of them is a direct transfer of free wagering credits or money to the player account. Another way to qualify is to redeem the code. Separate codes will be provided for different payment method promotions.

 

The code will be sent to the account after the deposit transaction is completed. Players can redeem the code at the Cashier section of the account. The bonus will be transferred to the account. The free credits and wagering money can be used to wager on real money games at the site.

 

Wagering Conditions and Requirements

 

Online casinos will provide a certain time period within which the bonus should be used. Not all games can be wagered on with it. At some sites they will specify the type of games. If it is not used for placing real money wagers within the stipulated period of time, it will be withheld.

 

Preferred deposit bonuses cannot be withdrawn by the player. Only the winnings earned on wagering the amount can be withdrawn. The earnings have to fulfill specific wagering requirements. The winnings have to be wagered a particular number of times on certain games before it can be withdrawn.

 

Wagers placed on some games will not contribute equally towards the requirements. For example, on some sites, wagers on slot games will count for 100% towards fulfilling the wagering requirements, but bets placed on table games will count for a lesser percentage. If players try to withdraw the winnings before meeting the conditions, the site will withhold the winnings.


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