First deposit bonus casino NZ is an excellent casino for NZ punters. When you join them even with your mobile you are offered a generous first deposit bonus to play slots and other casino games. It is not that only a few of the casinos in NZ offer a first deposit bonus. Today the online casino industry has made this common practice to offer first deposit bonuses to all new players.
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What Is First Deposit Bonus?
The first deposit bonus is a promotional offer provided by online casinos to new players upon making their first deposit. It is designed to attract new customers and provide them with additional funds to play with.
Elements Of a First Deposit Bonus
1. Bonus Percentage and Maximum Amount
The bonus percentage refers to the portion of the deposited amount that the casino will match as a bonus. For example, if the bonus percentage is 100% and you deposit $100, you will receive an additional $100 as a bonus. The maximum amount specifies the limit on the bonus funds you can receive. For instance, if the maximum amount is $500, even if you deposit more than that, you will only receive a bonus of up to $500.
2. Wagering Requirements
Wagering requirements indicate the number of times you need to wager the bonus amount before you can withdraw any winnings associated with it. For example, if the wagering requirement is 30x and you receive a $100 bonus, you must place bets totalling $3,000 (30 multiplied by $100) before you can withdraw your winnings.
3. Game Contributions
Different casino games contribute differently towards meeting the wagering requirements. Slots usually contribute 100% towards the requirements, meaning every dollar you wager on slots counts fully. However, table games like blackjack or roulette may contribute at a lower percentage, such as 10% or 20%. This means that for every dollar you wager on these games, only a fraction of it will count toward the wagering requirements.
In simple terms, the first deposit bonus is the bonus offer you get on your first deposit at the casino. This first deposit bonus can be of different types like a no deposit bonus like free spins or part of a welcome match deposit bonus known as a match deposit bonus.
Additional Perks or Benefits
Notable additional perks or features may vary depending on the specific casino, but some common ones include:
- Free Spins: In addition to the bonus funds, some first deposit bonuses also offer a certain number of free spins on selected slot games.
- Reload Bonuses: Some casinos provide additional bonuses on subsequent deposits after the first one, often referred to as reload bonuses.
- Cashback Offers: Certain casinos may offer a cashback program where a percentage of your losses is returned to you as bonus funds.
- VIP or Loyalty Programs: These programs reward players based on their level of activity and offer exclusive bonuses, personalized promotions, and other perks.
When assessing bonus percentages and maximum amounts, it’s important to consider your own budget and playing preferences. Higher bonus percentages and maximum amounts can provide more bonus funds to play with, but they often come with higher wagering requirements.
Evaluating wagering requirements and game contributions are crucial to understanding the true value of a bonus. Lower wagering requirements make it easier to convert bonus funds into withdrawable winnings. Additionally, if you prefer playing table games over slots, it’s important to check the game contributions to ensure your favourite games contribute a reasonable percentage towards meeting the requirements.
Ultimately, it’s recommended to carefully read the terms and conditions of the first deposit bonus to fully understand its specific details and assess whether it aligns with your gaming preferences and goals.
Types Of First Deposit Bonuses?
1. Free Spins Bonus
Casinos like Casumo NZ, Fair Go, and others offer no-deposit bonuses in the form of free spins or free chips to play games at their online casinos. You can avail of this no-deposit bonus when you first deposit at the casino the sum of the minimum deposit.
Like at Emu Casino, you are offered 12 free spins when you open your casino account for the first time.
These free spins come with certain conditions.
- Free spins must be played first before any other game
- Maximum bet size: $0.25
- Wagering requirement: 30x
- The wagering requirement can only be fulfilled in Eddy Dundee
- The maximum cash out of $15
Therefore most online casinos in NZ allow players to try out gameplay, navigation, and other perks before making any financial investments, eventually being a sign of proper treatment of newcomers by offering no deposit bonus.
2. Match First Deposit Bonus
This match-first deposit bonus is part and parcel of the welcome bonus package. This particular promotion grants an NZ punter a fixed percentage of a match, depending on the amount of money cash-in. If a player decides to make a cash-in of $100 with a 100% match bonus, the overall game balance would be $200 after making a cash-in. The value of these offers can exceed all expectations since some online casinos have 200%, 300%, 400%, and even 500% match coefficients for those promotional packages.
For example at Lucky Nugget casino players get to enjoy a 150% Welcome Bonus of up to $200 when you this online casino and make your first deposit.
What Are Wagering Requirements?
The wagering requirement is a condition when you take the first deposit bonus. Since casinos cannot simply give away free money to every customer who deposits, they impose a so-called wagering requirement. This rule dictates that users have to place bets equal to X number of times the total bonus value.
For example, you load your casino bankroll with $100 and claim a 100% match bonus to your deposit. Essentially, you have $100 in ‘real’ money and $100 in bonus funds. With a wagering requirement of 35 times, you will have to place $100×35 = $3,500 worth of bets before you can cash in the bonus. It does not matter if the wagers are successful or not, just that you wager the money.
This is done to prevent certain individuals from simply depositing, claiming the bonus, and withdrawing their balance without playing, thereby taking advantage of the casino. A wagering requirement is applied to any casino bonus that you will find online and it is a staple in the online gambling industry. The range of the wagering requirement varies between the different websites and each casino sets its own rules to how much they want users to wager.
Related read: What Are Wagering Requirements for Casino Bonuses?
Typically, the wagering requirement will be anywhere between 25 to 70 times the value of the bonus. There are, of course, casinos that stray from this standard, either offering low requirements or entirely too unreasonable ones, but those are few and far between. Generally, the lower the wagering requirement is, the faster you can play through it and be able to withdraw your bonus.
Additionally, the terms of a wagering requirement vary, with some casinos demanding that a player wagers the combined value of the bonus and the deposit to fulfil the requirement.
Bonus Percentage and Maximum Amounts
When assessing bonus percentages and maximum amounts, there are a few factors to consider:
A higher bonus percentage means you’ll receive a larger bonus relative to your deposit. For example, a 200% bonus will give you twice the amount of your deposit as a bonus. However, it’s important to balance the bonus percentage with other factors such as wagering requirements and game contributions, as a high bonus percentage might come with stricter terms and conditions.
The maximum amount specifies the limit on the bonus funds you can receive. Consider your own budget and deposit amount to determine if the maximum amount aligns with your expectations. Keep in mind that even if you deposit more than the specified maximum amount, you’ll only receive a bonus up to that limit.
Things To Consider In Evaluating Wagering Requirements
When evaluating wagering requirements and game contributions, consider the following:
Lower wagering requirements are generally more favourable as they require fewer total bets before you can withdraw your winnings. Higher wagering requirements may make it more difficult to meet the requirements and convert the bonus funds into real money. It’s advisable to look for bonuses with reasonable wagering requirements that you feel confident you can fulfill.
Different games contribute differently towards meeting the wagering requirements. If you prefer playing slots, look for bonuses where slots contribute 100% towards the requirements, as this means every dollar wagered on slots counts fully. If you enjoy table games, check the game contributions for those specific games. Higher contribution percentages for your preferred games can make it easier to meet the requirements.
It’s important to carefully read the terms and conditions of the bonus to understand the specific details of the bonus percentages, maximum amounts, wagering requirements, and game contributions. By assessing these factors and considering your own preferences and playing style, you can make an informed decision about which first deposit bonus offers the best value for you.
Advantages and Disadvantages of First Deposit Bonuses
With a bonus, you can play for much longer and may actually end your gaming sessions with a relatively good amount of profit. Playing with a bonus is one of the best ways that you can start your gaming experience. Free spins are often offered as part of a Welcome Package and those will let you play certain pokies free change, allowing you to see what the game is about without actually requiring you to spend money on it.
On the other hand, playing with a bonus might restrict your play style in certain ways. Since every promotion comes with an extensive list of rules, you may find yourself not playing like you typically would. Maximum bets are often limited when playing with a bonus, which means that high rollers will not be able to fully appreciate the games. Moreover, the wagering requirements at some online casinos are not exactly player-friendly, meaning that you will likely have to pay much more than usual if you wish to cash in the bonus at the end.
Also, there is usually a certain time frame in which you are required to meet the wagering requirement, otherwise, you risk forfeiting the bonus.
The first deposit casino bonus also may only be given on certain pokies and not on all casino games. Certain table games may be exempt from this bonus. Therefore you need to read the terms and conditions of bonuses thoroughly before you redeem them.
Best First Deposit Bonus Casino NZ
1. SkyCity Casino
Skycity Casino is an awesome first-deposit bonus casino in NZ. The welcome bonus of a 100% match and some free spins awaits you. Play 2200 games in real NZD at this casino. Also, get involved in live games if you want to.
2. Jackpot City Casino
Jackpot City Casino is another best first deposit bonus casino in NZ that offers a sign-up bonus for Jackpot City Casino in NZ is $1600 which is awesome for new players when they register or log in at Jackpot City Casino. Simply make a deposit and your account will be credited accordingly.
3. Emu Casino
Emu Casino’s first deposit bonus casino NZ offers new players a 200% match deposit up to $100 on your first deposit. Play over 1000 pokies in real-time instantly even with your mobile.
How to Register?
Register yourself by clicking on Join Now or Sign Up button
After the formalities of filling out the registration form with a few of your much-needed details to verify your age and country of residence make a deposit at the cashier or banking page with a friendly NZ payment or deposit option be it Paysafe card, Neteller, or any credit card. Then at once, you are given the first deposit bonus to play the games of your choice at the online casino.
Thousands of players in New Zealand have already benefited from the first deposit bonuses by winning vast sums of money in their preferred online casinos. Maybe you too become one of the players whose name is highlighted in the winners’ list of a trusted online casino.
Joining the first deposit bonus casino in NZ hardly takes any time. Decide your gaming device to play be it your mobile or PC or tablet. Then switch on your WIFI or internet connection. Type the online casino you wish to visit and type the casino URL on your gaming device browser be it Chrome or Safari and hit enter to get access to the site immediately.
1. What is a first deposit bonus at an online casino?
A first deposit bonus is a promotional offer provided by online casinos to new players who make their initial deposit. It typically involves the casino matching a percentage of the deposited amount with bonus funds.
2. How does a first deposit bonus work?
When you make your first deposit at a casino, they will offer you a bonus based on a percentage of your deposit. For instance, a 100% first deposit bonus on a $100 deposit will give you an additional $100 in bonus funds.
3. Are first deposit bonuses only available to new players?
Yes, first deposit bonuses are usually exclusive to new players who are creating accounts and making their first deposit at the casino. Existing players typically do not qualify for this type of bonus.
4. What is a typical percentage for a first deposit bonus in NZ? First deposit bonus percentages can vary, but common percentages range from 50% to 200% of the deposited amount. Some casinos might even offer higher percentages.
5. Is there a maximum limit to the bonus amount?
Yes, most first deposit bonuses come with a maximum bonus limit. For example, a casino might offer a 100% bonus up to $500. Depositing more than $500 will not result in additional bonus funds.
6. Can I withdraw the bonus funds immediately?
No, bonus funds are subject to wagering requirements. Players must wager the bonus amount a certain number of times before they can withdraw any winnings derived from the bonus.
7. What are wagering requirements?
Wagering requirements are the number of times you must play through the bonus amount before it becomes eligible for withdrawal. For example, if you have a $100 bonus with 20x wagering requirements, you’ll need to wager a total of $2,000 before you can withdraw the bonus-related winnings.
8. Are all games eligible for meeting wagering requirements?
Not always. Different games contribute differently to wagering requirements. Slots usually contribute 100%, while table games might contribute less. Check the casino’s terms and conditions for a list of game contributions.
9. Can I decline the first deposit bonus?
Yes, most casinos allow you to opt-out of the first deposit bonus if you prefer not to deal with wagering requirements. This might require contacting customer support before making the deposit.
10. Can I use the first deposit bonus to play any game I want?
The availability of games might vary. Some casinos restrict the use of bonus funds on certain games, especially those with low house edges. Check the terms and conditions for the list of eligible games.
11. Do first deposit bonuses have an expiration date?
Yes, most first deposit bonuses come with an expiration period during which you must meet the wagering requirements. If you don’t meet the requirements within this time, the bonus and any associated winnings might be forfeited.
12. Can I claim multiple first deposit bonuses from different casinos?
Yes, you can claim first deposit bonuses from different casinos as long as you meet their eligibility criteria. However, remember to manage your bonuses and wagering requirements effectively.
13. Are first deposit bonuses available on mobile devices?
Yes, most online casinos offering first deposit bonuses are accessible on mobile devices through dedicated apps or mobile-responsive websites.
14. Are there any risks associated with first deposit bonuses?
The primary risk is related to wagering requirements. If you’re not familiar with the terms, you might unintentionally forfeit your bonus-related winnings.
15. How do I find the best first deposit bonus casinos in NZ?
To find the best first deposit bonus casinos in New Zealand, look for licensed and reputable casinos with competitive bonus offers, fair terms, and a wide selection of games.