Latest First Deposit Online Casino Bonus Codes for March 2024

Check the complete list of First Deposit Bonus codes for new players at online casinos below.

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The virtual attribute of an online casino makes the gambling experience different from a land-based casino—if not better. Users can play their favorite slot machine title or table game from the contentment of their homes. Meanwhile, the online gaming industry has grown exponentially and is in full bloom — new virtual casinos are making their debut more frequently than ever. Needless to say, there is an abundance of options available, and finding an all-inclusive casino can be a task sometimes. One way to identify a good online casino is by evaluating its promotional deals and slot machines. Owing to the fact that any reliable casino unquestionably has a bonus to welcome new customers.

A welcome bonus is a promotional deal that new customers get on their first real money deposit. And a welcome package can be divided into several parts—meaning you will have to make a few initial deposits for the purpose of redeeming the comprehensive indulgences of a welcome package. For example, an online casino offers a $500 welcome bonus upon the first three real money deposits by a new customer. Now in order to redeem the whole package ($500), you will require to make a first, second, and third deposit at a casino. A bonus on the first deposit can give you an extra bankroll to enhance your initial gameplay time at the new casino. This way, you can experiment with more slot games; therefore your playability will improve and so will your chances of winning.

Why do online casinos offer First Deposit Bonus?

The logic behind online casinos giving a bonus on the first deposit is simple. When you find a platform that requires you to deposit money to access its features—you always wonder if spending money is in your best interest, especially if you have never heard of that platform. Similarly, there are plenty of online casinos in the market, and you may not have heard about most of them. The casinos are aware of this fact and do their best to build trust between them and gamblers. One of the most common ways to do so is by offering a bonus on the first real money deposit - this gives gamblers an assurance that they are on the right platform and they now have extra money to play more games.

In addition to what has been said, the majority of casinos give a welcome package instead of first deposits. The substantial difference in both is that the former is valid for several initial deposits, and the latter is only valid on the first deposit. Not lose sight of the fact that casinos want you to stick around for longer, and a first deposit bonus does not help. For example, you get an offer on the first deposit and start playing slot games - but unfortunately, you lose. You have exhausted your bonus and real balance and are left with no valid reason to keep playing on that online casino platform. On the contrary, with a welcome package, you will be compelled to make a second deposit with the purpose of getting another bonus. Eventually, you start winning and keep wagering at that online casino.

How can you benefit from a First Deposit Bonus?

Casinos are always trying to persuade gamblers to come on board by offering first deposit bonuses. But can you benefit from them? Let’s find out!

If you are a novice looking to play online slot games, a first deposit bonus is very beneficial for you. It will help you get an extra bankroll to try out more slots and understand how an online casino works. Table games require a trained hand and you are most likely to lose money as a newbie—then why not start with wagering the casino’s money and not yours? This way, you will get expertise in the game and will be more confident in using your money.

On the other hand, seasoned gamblers can also benefit from a first deposit bonus. In the online gambling industry, no matter how many years of experience playing casino games you have under your belt - losing is inevitable. Therefore, an extra bankroll after losing can be of great help. Consequently, seasoned players are always on the lookout for free money sign-up bonuses.

Additionally, welcome bonuses are available upon small deposits such as $10, $20, etc. Payment methods at an online gambling platform have a minimum deposit amount which is of at least $10. So if you can fund your casino account with an amount that matches the minimum deposit requirements of a welcome package—you might as well opt for a bonus. For example, a casino is giving a 100% bonus on the initial deposit of $10 or more. If you make the qualifying deposit, your casino account will be credited with a 100% (Bonus) of your deposit amount. Thereon, you can use the real money balance and bonus together to play slot games.

How does a First Deposit Bonus work?

The functionality of the first deposit bonus is uncomplicated. All you have to do is find an online casino that provides them and register for a new player account. Thereon the casino will specify the minimum deposit to be eligible for a first deposit bonus.

Make the qualifying deposit, and the bonus will be credited to your casino account immediately. However, beginners fail to understand that this bonus is not a withdrawable balance.

To convert the bonus funds into a real cash balance - you have to complete the wagering requirements.

Wagering or rollover, or playthrough requirements is an obligation that every gambler must adhere to. Meaning the bonus funds must be played a certain amount of times on qualifying slot games. For example, you claim a $50 first deposit bonus with wagering requirements of 40x. You have to play $50 X 40 times for the purpose of being eligible for a withdrawal request.

How to claim a First Deposit Bonus?

As the name implies, this bonus can only be claimed on the first real money deposit. When you register at a new online casino that offers such promotional offers and deposit for the first time, the bonus amount is instantly credited to your casino account and is valid for a certain time. The process to claim a first deposit bonus begins from the time of registration - check the step-by-step guide mentioned below to successfully redeem a first deposit bonus at any online casino.

  • Step 1 - Find an Online Casino

    The first step is to find a renowned and licensed online gambling platform. On the top of this page, we have enlisted first deposit bonuses from some of the best online casinos available worldwide that are licensed, secure, and ensure fast payouts. Scroll through the list and find a bonus suitable for yourself. Furthermore, click the “More Details” tab to learn more about the promotional offer such as the complete description, terms & conditions, and how to claim. There are over 400 first deposit bonuses on this page, thus we are sure you will find a generous offer to start your gambling journey at a new online casino.

  • Step 2 - Sign Up

    Presuming you have found an appealing first deposit bonus at an online casino that is legal in your jurisdiction and accepts payments in your preferred currency—the next step is to register a new player account. Click the “Get Bonus” available on the bonus and redirect to the casino’s official website. Right on the homepage, there is a Signup button (usually in the top right corner). Click that button, and the registration form will appear on your screen. You will be required to provide basic details such as your full name, postal address, email ID, mobile number, country of residence, and identity identification (optional). Fill in all the required details to create a new player account and save the login credentials such as the username and password.

    Note that casinos often mention the first deposit bonus at the time of registration and require you to opt-in, and if you don’t, you will not be eligible for the first deposit bonus.

  • Step 3 - Make your First Deposit

    Deposit the minimum amount required to be eligible for a first deposit bonus. However, if there is a bonus promo code, make sure to redeem the code prior to making a deposit. Otherwise, your bonus will not be activated. Upon a successful qualifying deposit, the bonus funds will be credited to your casino account immediately. Moreover, you will be notified about the wagering requirements and the time frame in which you must use your bonus and make a withdrawal.

  • Step 4 - Complete the Wagering Requirements

    Wagering requirements are the biggest roadblock in your gambling journey. But do not let that stop you. Wager your bonus on games that contribute 100% toward the wagering. Thereby you will be able to withdraw your winnings quickly. Adding to this, make sure to read the bonus terms & conditions to check the percentage contributions of each game toward the rollover requirements.

  • Step 5 - Withdraw

    Post fulfilling the wagering criteria, your bonus balance will be converted into a real cash withdrawable balance. The only thing you need to worry about going forward is the maximum withdrawal limit - you may not be allowed to cash out all your winnings together.

Types of First Deposit Bonus available at Online Casinos

There are mainly two types of first deposit bonuses; match deposit bonuses and free spins.

Match Deposit Bonus

It is the most common offering you can expect from an online casino on your first deposit. A match bonus means you will get a percentage of your deposit amount as bonus credits. Let’s take two examples to understand how this type of bonus works.

Examples

  • Example No.1; an online casino is offering a 100% first deposit bonus of up to $300 upon a minimum deposit of $20. Now if your first deposit is $30, the casino will give you $30 as a bonus. You get a maximum of $300 from this bonus by making a deposit of $150.
  • Example No. 2; the casino is offering a 200% first deposit bonus of up to $1,000 upon a deposit of $50. The casino will give you a bonus of 2 times your deposit amount.

Free Spins Bonus

A great deal of online casinos offer a free spins bonus on the first deposit. Upon a qualifying deposit, a set number of spins will be credited to your casino account. Casinos may specify a single slot game on which the spins are activated and you cannot use your free spins bonus on any other slot game. On the other hand, a free spins bonus can also be credited to all slot games. This bonus is generally more interesting and exciting as you get to try out different slots.

After you use your free spins, the winnings generated from playing slot games must be wagered. For example, if you get 40 free spins first deposit bonus with wagering requirements of 50x. You can use the spins on the qualifying games and wager the winnings 50 times to have a real cash withdrawable balance. Additionally, spins are subject to a minimum bet per spin, meaning that each spin has a bet value.

Do all first deposit bonuses have wagering requirements?

Wagering requirements are a barrier every gambler faces, and there is nothing they can do about it. If the bonus is offered, you have to wager to cash out your winnings. That’s why No Wagering promotional offers are beloved by punters as those bonuses are not attached to any wagering criteria. Simply put, you get a bonus in the form of a real cash balance which can be withdrawn instantly. Now let’s come back to the question; do casinos offer first deposit bonuses without wagering requirements? YES. Many online casinos do not require players to wager the bonus received from the first deposit. Check our No Wagering promotional page for such bonuses.

Can you get a first deposit bonus on sports betting?

Many sportsbooks offer first deposit or introductory bonuses to draw new customers in. These bonuses come in the form of "free play" and cash bonuses, each of which has its own advantages. Free play bonuses will give players a portion of their deposit in free play funds with attached rollover requirements. When these funds are used to place a bet, however, the amount bet will still be removed from the balance regardless of whether it is won or lost. Cash bonuses, on the other hand, return both the stake and any profits made if the bet is successful. While free play bonuses are more common than cash bonuses in the online betting market, it is still worth doing your due diligence when deciding on which bonus offer to choose for maximum benefit.

Online casino platforms have an additional sportsbook section and their first deposit bonuses differ. The casino may offer you a match deposit bonus upon a qualifying deposit with a bet on minimum odds. For example, you must stake $10 on football with minimum odds of 1.5 to be eligible for a sports welcome bonus. Once you are qualified, the casino will give you bonus credits – using which you can place bets on your favorite sports.