An initial deposit is an amount which a person has to pay when he/she opens an account at an online gaming site, to get access to the games and start winning money. Making a deposit provides a security for the online casino, and also yields several cool advantages to the player making the deposit, like a bonus or a reward. There are several types of rewards a person can get for making an account and putting in a deposit, but the main types are the following:
1. Deposit fraction bonus- These bonuses may be cash less or cashing able, and are proportional to the amount a player deposits while first joining the site. They may range from as small as 5% to an entire 100%, or double deposit. For e.g., if casinos are offering 50% bonus on deposits, and players deposit 5000 dollars, then the casino gives them extra 2500 dollar bonus.
2. Cash back bonus- This is a 100 % deposit bonus where, if a player loses their initial deposit, the casino pays it back to him/ her. So, this bonus is like insurance for gambling.
However, if a player is just trying a site, or wants to open an account in many sites at once, he/she might not want to give a big sum of money as deposit to each site while opening an account. For people who don’t want to deposit, but still want to try a site, online game sit owners have introduced a no deposit needed policy, in which a person can simply go to a site, open an account, and start playing, no deposit needed i.e. any money as security.
The no deposit needed scheme, and other rewards and bonuses have been introduced by online casinos in order to get more people to play at their sites. Other offers at these no deposit casinos gaming sites are frequent player bonuses, where the more one person plays, the more money he/ she gets, even if he/she loses. Complementary gifts, bonus money if a person recommends the site to a friend or votes for it, and more advantages are available if a player opens an account are just few. Getting an account also has been shown to reduce work stress, help a person meet new people, and prevent lifestyle diseases like loneliness and depression. So, even when you’re not winning money, there is an upside to e-gaming.
The no deposit needed and other schemes exist to help the casino gain popularity, and may not exist for much longer. If you want to make the most of these offers, open an account as soon as possible, and then just count the dollars you win!