To sign up for our daily email newsletter, CLICK HERE
As a casino player, you know it’s impossible to access real money games without depositing. The good thing is that the process is usually not complicated. Log into your account, navigate to the cashier, and select a payment method. Then follow the instructions, and that’s it. The best casinos offer instant deposits, so you get your funds without delay. However, a common issue players face is choosing the correct deposit amount. Here, many factors come into play.
1. Check the Bonus Offers
Who doesn’t want to claim a bonus at an online casino? You sure do, especially if you’re a new player. The majority of online casino sign-up promos are match percentage bonuses. In Metaspins, for instance, they match 100% of your deposit up to 1 BTC. Of course, that’s more general than on most sites but the mechanics is more or less the same.
The minimum deposit per the terms and conditions will naturally influence how much you add to your account. It’s usually low, like $10 to $20. However, finding offers with much higher minimum requirements is also possible. You’ll miss out on the offer if you don’t deposit up to the set amount.
This tip also applies beyond the welcome bonus for new players. Based on our experience, top casinos always have more promos — reloads, free spins, cashback, and more. These offers may also feature a minimum requirement that’ll determine how much you deposit.
2. Evaluate Your Budget
Next, specify how much you plan to gamble with. How do you do this? Well, our advice is to pick an amount you find comfortable. Always keep in mind that it’s unsafe to bet with more than you can afford.
You may have a $100 budget to play casino games for a week. In that case, a wise decision would be to start with a low deposit — something like $20 or $30. We don’t recommend funding your account with the entire amount at a go. Otherwise, you can easily play through it at a stretch. You can consider depositing more if you have a higher budget, like $500 to $1,000. With such an amount, you can deposit up to $100 at once.
3. Consider the Payment Methods
Ultimately, you’ll have to select a specific payment channel to fund your account. You’ll see that different options have varying minimum limits if you’re a regular casino player. For instance, an eWallet will likely have a lower deposit than bank-related methods like debit cards and transfers. So, you’ll have to consider the most convenient for you.
Based on our experience, crypto casinos offer some of the lowest deposit limits if that’s what you’re after. Some Bitcoin gaming sites don’t set a minimum value at all. In other words, you can transfer any amount you choose to the casino’s wallet.
4. Take Note of Wagering Requirements
This comes into play when you want to withdraw winnings. If you plan to claim a bonus with your deposit, consider the attached wagering requirements. The standard rate is usually 30x to 40x for match percentage offers, which is somewhat high. You can claim a $50 bonus with a 30x wagering requirement at a casino. The condition demands playing with up to $1,500, or else no payouts.
It’s clear now how the condition influences your deposit amount. Our advice in this situation is pretty straightforward. If the wagering condition is much higher than you’re comfortable with, it’s best to skip the promotion. Play with your funds directly, and cash out when you win.
5. Factor in Your Gaming Preferences
Lastly, it’s ideal to consider how you prefer playing when deciding on your deposit amount. If you’re a player who loves slots, small deposits will work. Most slot games have minor minimum bet requirements, such that you can play with as little as $0.1. Meanwhile, a low deposit won’t suffice if you enjoy more table games.
Classics like blackjack, roulette, and baccarat usually support above-average minimum bets since you wager using chips. The limit is much higher if you’re playing live dealer variants. Hence, you’ll have to make a significant deposit to join the table.
Bottom Line
We’ve outlined the key factors that determine how much you deposit at an online casino. Notably, each tip we pointed out holds significant value. You’ll find it easy to settle for an optimal deposit amount if you consider all five.
