Second Deposit Bonus
By reading this article, you’ll learn useful things about second deposit bonuses, such as:
Online casinos across Canada and the world often resort to different marketing strategies to encourage gamblers to join them and play the games from their portfolio. The most popular strategy in use is in the form of casino bonuses of different types.
Bonuses most casinos offer are directed toward new players, but there are also various bonuses that reward loyal gamblers. New players frequently have a variety of welcome gifts to choose from, like the deposit welcome bonus or no deposit welcome bonus.
Deposit welcome bonuses are bonuses that reward clients for the first or even a couple of subsequent deposits they make, while no deposit welcome bonuses do not require you to make any payments to receive the rewards. Instead, casinos just give a certain amount of bonus cash (usually not a lot of it) so that you can test the games without risking your own real money.
In this article, we are going to deal with second deposit bonuses — some of the most popular bonuses in Canada and beyond. Here, you will learn more about this bonus type, how to claim it, what its characteristics and advantages are, and how to choose the best one for yourself.
What Is Second Deposit Bonus?
The majority of casinos, if not all of them, are well aware of the fact that players love receiving bonuses for the payments they make. Usually, these bonuses come in welcome packages that reward players for not only the first deposit they make but for four or even five subsequent ones.
As the name suggests, we are talking about a bonus that players receive when they make a second deposit. Casinos that offer this type of bonus are hoping that the players who have made their first payment will continue to play in that particular casino and make the second deposit.
With these bonuses, casinos instill a feeling of loyalty in players and make sure they know that loyalty will pay off. Occasionally, the bonus for the second deposit can be even better than the bonus for the first deposit in terms of the bonus amount players get.
These bonuses are perfect for both high rollers and those who prefer to play it safe and not risk much. The bonus balance usually depends on the amount players deposit. The usual promotions of this kind are governed by the rule: the bigger the deposit, the bigger the bonus you get from the casino. The amount ranges from hundreds to even thousands of dollars.
Second Deposit Bonus as Part of Welcome Package
When second deposit bonuses are concerned, a rule of thumb is that they are almost always part of the welcome package. These welcome packages are frequently composed of several bonuses, which means you can’t claim the second bonus without making a first deposit. The same goes for the third and fourth deposit. The value of each of the bonuses depends on your preferred casino, but the amount is almost always limited.
All newly registered players are entitled to the sign-up offer from the casino, but they should be wary of certain terms and conditions that apply to these promotions. The terms and conditions related to casino promotions determine bonus amounts players can expect, the number of free spins you get (if they are part of the offer), as well the wagering requirements you need to meet before you can make any withdrawals of potential wins.
Also, casinos almost always impose minimum deposit requirements that tell the players what’s the minimum deposit amount required to trigger the bonus. You are advised to read the T&Cs carefully before claiming any bonuses.
There are several forms in which second deposit bonuses may appear, some of which can be followed by additional perks. The main form is a deposit match bonus that can include even a certain number of free spins.
Match Deposit Bonus
The majority of online casino bonus offers require punters to make a deposit that then gets matched by the casino. This bonus scheme is referred to as the match deposit bonus offer.
The deposit match bonus is usually a 100% match bonus worth up to a certain amount. The 100% match bonus is frequently associated with the first bonus, while the second deposit can bring even more. The second deposit, depending on the casino in question, can be worth up to 300% the initial deposit amount in bonus funds, which means you will have three times as much in bonus money.
However, note that each of these bonuses has a ceiling — a maximum amount the casino is willing to give you. Also, the minimum deposit amount should be established; if you deposit below the minimum deposit limit, you won’t be able to activate the bonus.
Luckily, the majority of casinos set the minimum deposit limit threshold in a way that it corresponds to the minimum deposit limits for the payment methods offered.
For example, if the second deposit is a 200% match bonus up to C$500 and you deposit C$300, you won’t get C$600 in bonus cash. The balance total will still be set at C$500, as that’s the casino’s maximum.
Also, there are more specific casino terms attached to these deposit match bonuses that you should take into account. They include things such as wagering requirements, maximum win limits, etc. — not just the bonus amount.
Apart from matching your second deposit, casinos might even give you something extra as well. That something is usually a number of free spins that go along with the bonus cash.
The casino provides free spins as an appreciation for your proven loyalty. Since you have made a second payment, you are most likely going to continue playing in that casino and this is their way of making the promotion even more exciting.
The number of free spins varies from one casino to another, but you can expect anything from 20 spins to over one hundred. The free spins can be used on casino games such as video poker or slot games, but in most cases, the spins will be reserved for slots from the most famous providers, such as Starburst and Gonzo’s Quest by NetEnt, or any other slot by Microgaming and other powerhouses.
Note that the free spins you receive are also laden with bonus requirements. These requirements set the value of free spins that’s usually between C$0.10 and C$1.
Also, a frequently seen requirement is the one that tells you on which games you can spend the free spins. If you prefer to play table games such as blackjack, roulette, baccarat, and craps, don’t get your hopes up since, in all likelihood, these games won’t be part of the bonus.
Moreover, the free spins that go with the abovementioned bonus also have a maximum win cap. You won’t be able to cash out more than C$100 at best. Even before a cashout becomes possible, you would still have a wagering requirement to meet, so make sure to take that into account as well.
How to Claim Second Deposit Bonus?
Claiming the second deposit bonus is done by following a couple of simple steps. It all starts with the registration. Once you register an account, you should make the first payment using some of the payment options at your disposal that can be used to claim the bonus. Some payments are excluded from welcome bonus offers, so pay attention to that as well.
After you make your payment, you might be required to contact the customer support team and let the casino know you want to claim the bonus funds. Some casinos even require players to insert a bonus code specific to the bonus in order to activate it.
The procedure is the same for all deposit bonuses, be it the first, second, or third deposit. Now that you have completed all the aforementioned steps, the bonus should be credited to your account.
What Should You Pay Attention to When Claiming Second Deposit Bonus?
There are multiple things new players need to pay attention to when opting for this particular bonus or any other casino bonus for that matter.
A wagering requirement, or playthrough requirement, is one of the most important aspects of any bonus and possibly a source of some controversy as not all players understand how it works. Like any other bonus, the second deposit one is also subject to wagering requirements that may greatly vary depending on the casino in question.
Wagering requirements refer to the number of times a player needs to wager the bonus amount before being able to withdraw any winnings associated with the bonus funds. For example, if the wagering requirement is set at 30x (thirty times) and the bonus amount is C$50, that means the players need to wager C$1,500 before any withdrawal requests can be processed.
For second deposit bonuses, wagering requirements are generally the same as for first deposit bonuses, so you will have understood how it all works from when you claimed the first welcome bonus.
However, casinos are no strangers to loosening up the wagering requirement a bit when it comes to subsequent payments. They do this to ensure the players have a viable chance of meeting the requirements and will continue to make deposits.
Generally speaking, the usual wagering requirement is somewhere between 30x and 60x. We know that 60x times is excessive, particularly when considering that the bonus can be time limited and that the wagering requirement can only be met by betting on specific games.
Therefore, your best option would be to choose a casino that has lower wagering requirements so it won’t take such a long time to meet them and possibly walk away with some cash in your pocket.
Eligibility of Games
The second deposit welcome bonus might give you bonus money to use but you won’t be allowed to spend that money however you like. Namely, the bonus will almost surely limit the number of games on which you can wager the bonus balance.
Online casinos normally choose particular slot games the players can bet on with their bonus funds. These games are predominately acclaimed slots by renowned software providers. Table games and video poker are usually not among the chosen games.
You should also be aware of the list of games that contribute to meeting the wagering requirement. This list is more comprehensive and counts wagers you make on table games and video poker toward meeting the wagering requirement to a certain percent.
Video poker and table games count around 5 to 10% toward meeting the requirement, while the percentage of slot casino games contribution toward the requirement is set at 100%.
Bonus Expiration Date
Almost every online casino is going to set an expiration date on each bonus it issues in order to control how and when the bonus can be used. Generally speaking, the expiration date of the bonus is anywhere between 7 and 30 days, depending on the casino.
During that time, bettors are required to use up all free spins that might be part of the bonus, as well as the entire bonus amount. Furthermore, during the indicated timeframe, you need to meet the playthrough requirements if you want to cash out on any potential winnings. If you fail to do so, everything — free spins, bonus funds, and winnings — will be forfeited.
Considering the importance of the expiration date, it’s safe to say it belongs to the group of crucial casino terms.
The limits related to the second deposit welcome bonus are not related to the minimum deposit or maximum bonus amount you can get your hands on. The limits might also restrict how much you can win by using the bonus funds.
Casinos put a cap on the winnings to ensure they don’t lose too much. When you come to think of it, it’s only logical. They give bonus cash and if you happen to meet the requirement and keep on winning without a limit, you would cost them a lot of money and that’s not a sustainable business model. Instead, the casino limits the winnings accrued from the bonus. That limit might even be less than the actual amount of the bonus.
The best option would be to find a casino without a winning limit at all, but that is not easy. So it is best to focus on the casino with the highest winning limit that would ultimately provide the best gaming experience.
Use Only Payment Methods Included in the Bonus
There are many instances when a specific payment method is excluded from the welcome package, which means that players who use them will be able to claim neither the second deposit bonus nor any other bonus.
This rule is seen across all gambling sites and world gaming markets, from Canada, the US, UK, all the way to Australia and countries in Asia. Customers who use Neteller and Skrill as payment methods are the ones who are most frequently hit by this ban.
Luckily, Canadians who use Interac to make deposits and withdrawals have nothing to worry about, nor do the ones who use ecoPayz, Trustly, and most other methods.
The information and details regarding the available methods are seen on the bonus page and should be taken into account when deciding on a bonus.
A bonus code is a unique code composed of letters and numbers that needs to be inserted when making your second deposit to unlock bonus features. Bonus codes can be found on a casino site itself or a bonus review site affiliated with the casino offering the bonus.
Not only does a bonus code correspond to the particular bonus, but it might also include the percentage of the deposit match bonus. For example, if we take Royal Vegas Casino’s welcome bonus as an example and that bonus is a 100% match bonus, the code might look something like ROYALVEGAS100.
Another important thing every gambler needs to have in mind when choosing the best second deposit casino bonus is whether that bonus is available in their jurisdiction.
Residents of some countries might not be able to claim all those goodies and offerings from gambling sites if they are coming from a restricted territory. These restrictions don’t have anything to do with a given website but the law and rules that apply to the gaming industry in that country or territory.
Is Second Deposit Welcome Bonus Same as Reload Bonus?
The second deposit welcome bonus can easily be mistaken for the reload bonus since they share many similarities. Reload bonuses are “casino treats” reserved for the ones who have already made a deposit in that casino in the past. It is a way of rewarding the players for deciding to make another payment in the casino.
The main difference between second deposit and reload bonuses is that the former is part of the welcome bonus package and can be claimed only once, while the latter can be rewarded each time you make a deposit.
The similarities between the two are many. Both bonuses have minimum deposit requirements, as well as playthrough requirements. Also, to complete the activation process of a reload bonus, you might need to type in some bonus codes before you are granted access to the bonus.
2nd Deposit vs. No Deposit Welcome Bonus
A lot of you out there must be wondering which bonus to choose when a casino is offering a no deposit and 2nd deposit welcome bonus.
The no deposit bonus offer is indeed an exciting one since it does not require you to make a deposit in order to claim the prizes that are usually in the form of free spins or free cash. That’s right. The casinos will give you a certain number of free spins or free cash to wager on some games and see if you can go for the jackpots. However, don’t get your hopes up just yet.
The number of times you can spin the reels using the no deposit free spins is quite limited. You probably won’t get more than 10 free spins for a designated game. In addition, you will only be able to place penny bets, so you can’t hope to win hefty jackpots.
On the other hand, bonus free spins that come with the 2nd deposit are numbered in dozens, which means there are more rounds to be played and more wins to be scored.
In the case of bonus funds, the chances are that you won’t get more than C$20 from the no deposit offer, which is not a lot when compared to the amount you get when you make your second payment and activate the second deposit match bonus.
Other Popular Bonuses
Casino bonuses come in many shapes and sizes. For example, a cashback bonus gives you back a portion of what you have wagered and lost over a course of time. The trick is that you need to have wagered and lost real money first to get a part of it back. This serves as an incentive for you to continue playing.
Other bonuses to explore could be payment-specific bonuses. Some casinos might encourage players to use specific payment methods and offer gifts in the form of free spins to those who opt for those methods.
In recent years, newsletter bonuses have become quite popular. Players who sign up to receive news from the casino can benefit from the newsletter itself and learn about other promotions, as well as get the opportunity to claim loyalty points or other gifts.
VIP schemes and loyalty programs allow users to build their status among fellow players and climb the ladder of success. The more you play and the better results you make, the casino platform will reward you with extra cash, reload bonuses, cashbacks, and many other prizes.
If you are content with a particular casino, you can reap even more benefits through a refer-a-friend bonus scheme. If you invite a friend to join the casino you are playing in and that friend deposits money in the casino, you can be on the receiving end of a hefty bonus.
Just make sure your friend mentions your username or email to the casino’s front office team. Naturally, that friend needs to be at least 18 years old so they can legally play casino games. There is no exception to this rule, so be careful to read all the terms and conditions carefully.
Are Second Deposit Bonuses Worth It?
All bonuses that are part of casinos’ sign-up offers are worth taking. First of all, they give you a chance to make the most of the payment you have made in the casino. Secondly, you stand to win not only bonus money but a number of free spins for top casino titles as well.
In addition, if the bonuses are not burdened by strict playthrough requirements and other restrictions, you will be able to turn the bonus funds into real cash you can withdraw.
The best advice you can get from any person who has claimed a casino bonus is to read the T&Cs carefully and evaluate your options. Before you make your decision, conduct the necessary search, check how easy it is to claim the bonus, and see what’s in it for you.
Frequently Asked Questions
It is a type of bonus that’s frequently seen as part of the sign-up offer. This bonus rewards the player for their second deposit in the casino of their choice.
There are a couple of forms this bonus can take. Usually, the 2nd deposit match bonus matches your payment with bonus funds, giving you a chance to play with three times as much. This is the most frequent form of the bonus. Also, the bonus can include extra free spins for selected slots.
The banking methods you must use to claim the bonus differ from one casino to another, but Canadians can freely use Interac and other local methods as these are usually included in the bonus scheme.
All bonuses come with specific wagering requirements that range from 30x to 60x the bonus amount. You need to examine the terms and conditions of the bonus carefully before choosing the best option.
Yes, you can. If you meet the wagering requirements associated with the bonus, you can cash out your winnings. Note that there might be a limitation on how much you can win using the bonus balance.