Types of Deposit Bonuses
There are two main types of deposit bonuses; free spins and cash bonus.
Many Indian online casinos give these bonuses to new players as a welcome package for the first 1-3 deposits. These rewards are also offered to loyal customers who regularly play on the casino site.
Deposit cash bonuses are offered to play casino games or bet on sports. These casino bonuses can be offered as Rupees or Crypto.
Example: Casino Days offers 100% up to ₹1,00,000. This means that if you deposit ₹500, you will get an extra ₹500 (100%) to play with. But this deposit bonus cannot exceed ₹1,00,000 since that is the maximum bonus limit.
Free spins deposit bonuses can only be used on online slots, and lets you play a certain number of spins on certain slots. Free spins can be offered as standalone offers or as hybrid with a deposit bonus and free spins.
Example: Bettilt offer you 100% up to ₹90,000 + 150 free spins on Carnaval Forever slot. In this case, if you deposit ₹2,000, you will get ₹2,000 extra + 150 free spins to play with. The free spins can then only be used on the slot game Carnaval Forever.
Casino Deposit Bonuses Compared
I have analyzed and listed the best deposit bonuses in India with their minimum deposit and wagering requirements below.
|Casino||Bonus||Wagering Requirement||Minimum Deposit|
|Casino Days||100% up to ₹100,000||35x||₹500|
|Big Baazi||Up to ₹1 Lakh||35x||₹500|
|Lucky Spins||100% up to ₹20,000||35x||₹500|
|10CRIC||100% up to ₹20,000||40x||₹1000|
|Betway||100% up to ₹60,000||50x||₹500|
|Pure Win||Up to ₹90,000||35x||₹500|
|Bettilt||100% up to ₹90,000||40x||₹500|
How are Deposit Bonuses Calculated?
Online casinos use a percentage, usually 50-200%, when they offer deposit bonuses. It is the percentage of your deposit amount you get back as a bonus. The amount written after the word “up to” is the maximum amount you can deposit and get money back from.
Below, I have listed real-life examples of deposit bonuses and what you get.
|Bonus||Deposit||What you get|
|100% up to ₹20,000||₹1,000||₹1,000|
|100% up to ₹20,000||₹2,000||₹2,000|
|50% up to ₹100,000||₹3,000||₹1,500|
|50% up to ₹100,000||₹5,000||₹2,500|
Deposit Bonus Terms and Conditions
Deposit bonuses come with mandatory wagering requirements and sometimes game restrictions, minimum deposits, and win limits. So, it is essential to read the terms and conditions of the offer before claiming it. A casino that offers a big and attractive deposit bonus might have rules attached to it that make it less appealing.
A wagering requirement is a number and represents the amount you need to play through your deposit, before you can withdraw your winnings.
Most Indian online casinos offer deposit bonuses with wagering requirements between 20x-50x. A wagering requirement less than or equal to 35x is good. The lower the wearing requirement is the faster you can cash out your winnings.
I always downrate casinos with wagering requirements of more than 40x.
Every deposit bonus has a minimum deposit amount. It is the minimum amount you need to deposit to claim the bonus. A minimum deposit is usually ₹100 – ₹1000 in India. ₹500 minimum deposit is average and anything equal or less than this is considered good.
A deposit bonus is valid for an average of 7-14 days after registration at most online casinos, and you need to claim it within this time. Similarly, sometimes there is a set number of days within which the wagering requirements of the bonus should be completed. You will lose your bonus money if you do not meet these timelines.
If a casino has fixed high wagering requirements and has a short expiry, it is not considered a good deposit bonus.
Games Contribution Rate
Games contribution rate indicates how a certain casino game contributes to the wagering requirement. If you claim a deposit bonus with a 30x wagering requirement and play a game with a contribution rate of 50%, you must wager your deposit 60x times for that particular game.
Not all the games contribute the same towards meeting wagering requirements. In most casinos, online slots contribute 100% towards the wagering requirement, while table games contribute lesser.
So, you should try playing games with a contribution rate of 100% (or close to 100%) to meet the wagering requirement quickly and get your wins from your deposit bonus encashed sooner.
Below, I have taken a real example of how much you have to spend on wagering requirements with different game contribution rates.
The maximum win limit lets you only keep a certain amount of winnings. If you have a deposit bonus that gives you 100% up to ₹30,000 with a winning cap of ₹60,000. Then you can only withdraw up to a maximum of ₹60,000, even if you win more money from your bonus.
There is a range of deposit methods available at Indian online casinos. These include net transfers, credit/debit cards, e-wallets, e-vouchers, and a range of cryptocurrencies.
But some online casinos might restrict availing a deposit bonus with specific payment methods such as Skrill or Neteller.
Pros and Cons of Deposit Bonuses
- Chance to win big: The additional money you get with a deposit bonus lets you bet more and increases your chances of big wins.
- Try new games: You can try out new games you would otherwise hesitate to play with real money.
- More play time: The more money you deposit, the more the bonus you get, and the more is your play time to enjoy on the casino site.
- Risk of losing money: You risk losing money if the bets do not go your way.
- High wagering requirement: You always have to wager an x amount of money before you can withdraw your wins.
- Limited games: You might not be allowed to play all the available games with your deposit bonus money.
How to Claim a Deposit Bonus
The first step to claim a deposit bonus is to choose an online casino you wish to play at. To do that, you should carefully check the deposit bonus offered, wagering requirement, minimum deposit requirement and other conditions, licensing etc.
I have explained the steps to claim a deposit bonus with an example from Casino Days:
Step 1: Sign up for the online casino. In this case, I’ve signed up for Casino Days.
Step 2: Click on “Promotions” and click on the deposit bonus you’d like to claim.
Step 3: Select which payment method you’d like to use.
Step 4: Enter the amount you wish to deposit. You must deposit at least the minimum required deposit amount.
Step 5: Complete the payment process and the deposit bonus is added to your account instantly.
Can I Withdraw My Winnings From a Deposit Bonus?
Yes, you can withdraw your winnings once you have met the wagering requirements of the bonus.
Do I Need a Code to Claim a Deposit Bonus?
Most often, you do not need a code. However, at times casinos give out codes for exclusive deposit bonus offers.
How Long Does it Take to Receive the Deposit Bonus?
You get the bonus credited to your account instantly after you have signed up and deposited money into your account.