First deposit bonus – this bonus is used by the bookmaker to try and attract new customers, which means that the client will receive a sum of money in his or her account, after making a first deposit. Sometimes, a qualifying bet or bets will need to be made in order to get a bonus on ones first deposit. Here the amount one receives as a bonus will depend on how much the gambler is will to leave as a stake.
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Before signing up with a betting company, it is recommended that a prospective client should learn the rules of the bonus system, in order to know all the conditions that might be in the fine print. It can be the case that with some bookmakers, the bonus amount for a first deposit can differ, but more often than not they are very similar.
The bonus on offer is normally equal to a certain percentage of the first deposit that is left. This is usually 100% or 50%. In some cases, those looking to receive a bonus on their first deposit must make a qualification bet or bets of a certain amount. However, here the bonus is often equal or near the original stake or stakes.
The bonus is often limited to certain amounts, normally starting at $10 or its equivilant in another currency, while it can go up to $100s or its equivalent. It is often the case, the larger the first deposit, the more terms and conditions are put in place to try and withdraw this money.
Bonuses are paid automatically, normally in the form of a free bet, after the conditions have been met. A free bet is the amount that can be put on a stake, but it cannot be withdrawn. If a gambler manages to win his or her stake, they do not get the stake back, but only the net profit they have won.
In certain cases, in order to withdraw a bonus that has been accumulated by one’s winnings, a certain number of bets on the amount of one’s deposit and/or on the bonus, needs to be made. There is often a time limit on how long a bonus will last, which is usually seven days.
When trying to receive a bonus after making a first deposit, players may be required to register on a ink with an affiliate partner, or may have to fill in a promotion code before registering. These codes can normally be found on the online betting firm’s website or affiliate sites.