150% Bonus Sites

Types of Bonus

If you’re new to playing at slot sites and claiming a welcome bonus, the different bonuses and terms can, of course, be a bit confusing. When the deposit bonus is broken down, it's a bit easier. What do the terms mean for your deposit?

Deposit Bonus

This is when you make a deposit, and the casino adds extra bonus funds to it. For instance, if you deposit £20 on a site with a 150% bonus, you'll get an extra £30, giving you £50 total to play with. This is £20 of your original deposit, plus £30 in bonus funds. There are always terms attached; sometimes, you can only use bonus funds on certain games, and there will be wagering requirements.

Bonus funds are not treated in the same way as your deposit funds, which typically can be withdrawn at any time you like and used on any games at the casino.

Free Spins with Deposit Bonus

After making a minimum deposit, you receive free spins. An example would be, "Deposit £20 and receive 100 free spins."

These free spins are often in addition to a percentage welcome bonus. They likely will need to be played on certain games and again, there are terms and conditions attached.

No Deposit Bonus

You get bonus money just for signing up, without having to deposit any of your own money. You'll often see offers like, "Sign up and receive £20 on registration, no deposit needed."

But, and this is a big but, this no deposit bonus is pretty much extinct now. Out of hundreds, there may be one or two sites offering it. There are obviously terms attached, and you cannot withdraw these bonus funds.

In the same format except for spins and not bonus funds, there are infrequently free spins, no deposit required bonus. Instead of getting bonus funds, you get free spins on certain games just for registering. For example, "Sign up and receive 100 no-deposit spins." These are becoming like hen's teeth.

Why do online casinos give away a deposit bonus?

Think of them as a little gift to say ‘welcome’! However, make sure you know about the various terms and conditions that often accompany them, which we’ll discuss shortly. 

When you’re given a bonus on your deposit, it is usually when you first sign up to one of the new slots sites, it gives you the opportunity to play a little longer at the site and get more gameplay for your money.

If you’re given a 150% bonus and you deposit £20, that means the casino will give you an additional £30 in bonus money to play with. In total, you now have £50 to play with, so you can try out some new games, play for longer and just get a better feel for the site to decide if you want to continue to play and deposit there. 

After playing at a casino for a while, you are more likely to return to it. They will also usually send you some more offers via email.

Can I still win real cash with a casino bonus?

It is not impossible, but it is very difficult to win and withdraw real cash from casino bonus money unless you're playing in a no-wagering / no-restrictions casino. As long as you understand how the bonus terms work and think of the extra money just as an extended time to play rather than real cash, then deposit bonuses are great, and you won’t end up feeling disappointed. 

What terms and conditions usually accompany a 150% deposit bonus

With any kind of bonus, there are usually terms and conditions you really need to pay attention to in order to avoid disappointment.

These are usually in the form of maximum win limits, maximum bets and wagering requirements and it is these that can scupper your chances of winning real cash from bonuses. You should be able to see them alongside the bonus information, and they may look something like ‘wagering 40x, max bet from bonus £5, max win £20, bonus valid for 7 days, full T&Cs apply’.  

Although, yes, the terms are in small print and very lengthy and boring, there is usually a shorter version you can find. Always at least skim through that, paying attention to wagering requirements.

What is a maximum bet?

This is the limit on the amount you can bet with your bonus money. When you play with real cash, you can obviously wager as much as you like, but when you’re playing with bonus money, this is often capped in order to stop you from winning a large amount.

With bonus funds, you’re more likely to place a large bet in one go when you’re not playing with your ‘own’ money, so the risk isn’t as great, and therefore you could win a much larger amount. The maximum bet/wager limit stops players from using this tactic. 

What is a maximum win limit?

This is simply a cap on the amount you can win from a bet using your bonus. It is usually around the £20 mark but varies depending on the casino site. Even if you hit a jackpot prize, don’t get excited because if there is a maximum win cap in the bonus terms, you won’t win it, only the maximum amount stated. 

What are wagering requirements?

If you’re not familiar with online casino and slot site terms, then wagering requirements can really trip you up and leave you scratching your head as to why you can’t withdraw your winnings. 

Wagering requirements (which usually look like ‘wagering 40x’ in the terms) vary from site to site. They can range from 10x up to around 60x, and they refer to the amount of times you have to wager your bonus money before you’re able to withdraw any winnings. So if you have received £30 in bonus money and the wagering is 40x, that means you have to wager £30, forty times, so £1,200 in bets, before you can withdraw winnings. 

As you can see, unless you win a large amount that hasn’t been subject to a maximum win cap, by the time you have played through your wagering, you will be left with little or none. 

If an online casino's terms include all of these limits and restrictions, then it’s basically impossible to win real cash from a bonus, so always check the terms. 

Are there any casinos with no wagering or restrictions?

Actually, yes, there are! A growing number of online casinos, mobile casinos and slot sites have realised that many players just want a ‘simple, no-nonsense, no complicated terms’, offer, that does actually give you the chance to both try out a new casino AND win real cash at the same time. Sites like PlayOJO, with their ‘no wagering, no restrictions, no bulls**t’ tagline, realised that players appreciate the honesty and no restriction approach, and now many other sites have followed in their footsteps.

Just remember, they’re not giving away free cash, though. The bonuses, as to be expected, are usually a little lower, and you can’t just withdraw your bonus straight away; you have to play it. But no-wagering casinos really are the best of both worlds and certainly worth trying out if you want the chance to win money with a bonus. 

Is there anything else I need to know about deposit bonuses?

Yes, remember to check which deposit methods you can use to claim your 150% bonus. Some banking methods are excluded from deposit bonuses, and the terms usually state this. 

Debit cards, bank transfers and credit cards (for non-UK players) are usually accepted everywhere, but certain e-wallets such as Neteller and Skrill may be excluded from deposit bonuses. 

Lastly, even though a deposit bonus is part of a welcome offer, you don’t have to accept it. You may just want to deposit and play straight away, with the chance to win real cash and no bonus T&Cs to decipher. If that is the case, you can either choose not to accept the bonus on registration or contact support to let them know you don’t wish to claim the bonus. 

As long as you read the terms and know any restrictions, claiming a 150% bonus is a great little extra to give you more playing time. On this page are all the online casinos, slot sites and mobile casinos where you can register and claim.