First deposit bonuses are just what it says on the label. It’s a bonus you get for your first deposit in a casino, and a reward for choosing a particular operator. This bonus typically comes as part of a welcome package. Read on to find out more about this popular bonus at the best NZ online casinos and see why players love it.
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What are Casino First Deposit Bonus Offers?
First deposit bonus offers—also known as a welcome bonus—are bonuses that you get for registering with a casino. New Zealand players qualify for such bonuses at the top casinos. The casino’s first deposit bonus is the gaming site’s way of saying thank you for choosing it over others. There’s no online casino without a welcome bonus on sign up. The welcome package can extend over your next few deposits, giving you extra funds on top of your first deposit bonus.
Comparing the Best First Deposit Bonus Casinos in New Zealand
As mentioned, NZ casinos all have a welcome bonus of some kind. The majority go with a first deposit bonus which may or may not come with free spins. Below you can see the best deposit bonus casino offers you’ll find on the NZ market right now.
Rank | Online Casino | First Deposit Bonus | Minimum Bonus | Wagering |
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1 | LeoVegas | Up to €400 in bonus funds | / | 20x |
2 | Royal Panda | Up to $1,000 and 300 free spins | $10 | 20x |
3 | Wildz casino | Up to $1,000 and 200 free spins | $10 | 35x |
4 | Spinz casino | Up to $1,000 and 200 free spins | $10 | 35x |
5 | Lucky Dreams | Up to $500 + 100 Free Spins | $20 | 40x |
6 | Bet and Play | Up to $500 + 50 Free Spins | $30 | 50x |
7 | Rizk casino | 100% up to $1,200 and 50 free spins | $20 | 40x |
8 | Winawin casino | Up To $750+100 FS | $30 | 50x |
9 | 21 casino | 121% up to $300 and 21 free spins | $10 | 35x |
10 | Smokace casino | Up to $950 and 100 free spins | $50 | 40x |
11 | Katsubet | Up to $400 and 100 free spins | $40 | 35x |
12 | SpinYoo casino | Up to $100 on live casino and table games | $20 | 35x |
Types of First Deposit Bonuses
There are several types of first deposit bonus offers at the top NZ online casinos. The 100% first deposit matched bonus is the most popular one. But, you also have double or triple that amount, as well as free spins, cashback bonuses, and other types of offers we’ll cover below.
100% first deposit matched bonus
This one’s the most popular online casino first deposit bonus. It matches your initial deposit in full, doubling the initial amount you can play with. It’s the most straightforward bonus too and the simplest to understand.
Here’ an example: if you make a deposit of $20 and the casino matches it 100%, you’ll have a total of $40 to play with.
200% matched first deposit bonus
With a 200% matched first deposit offer, you’re getting more bonus funds than the previous one. Due to that, this is a rare bonus at NZ casino sites, and it doesn’t often come with light terms.
To put things into perspective, if you deposit $100 and the casino gives you a 200% boost on it, you’ll have $300 to start with.
300% matched first deposit bonus
The 300% matched first deposit bonus will triple what you deposit on sign up. It’s almost as rare as a unicorn, but considering the size, players love it.
This type of bonus is rare and triples your initial deposit. You get $300 if you deposit $100 with this bonus, for a total of $400 to play with.
400% matched first deposit bonus
There are maybe only a few 400% matched first deposit bonuses ‘in the wild’. This first deposit type of bonus is more common at crypto casinos in New Zealand which typically have higher welcome bonus offers.
This one’s similar to the previous bonuses. If you deposit a maximum of $100, you get a 400% boost which is $400 for a total of $500.
Cashback
A casino site may also decide to offer a cashback on sign up. It doesn’t necessarily have to be a matched deposit bonus. With a cashback bonus, the percentage is decided on by the casino itself. For example, you might get 10% cash back on the money you lose after your first deposit.
Free spins
Free spins are a common addition to a matched casino first deposit bonus. As you can see from the welcome offers in the table above, most of the casino first deposit bonus offers have hundreds of free spins attached.
What Terms and Conditions Are Imposed on First Deposit Bonuses?
No bonus at NZ casinos can be considered free money. Technically, the only way to get free money is a no deposit/no wager bonus, but those are almost non-existent. In most cases, you will need to stick to many rules if you want to get the most out of your bonus and convert it to real money.
● The minimum deposit is the amount you must deposit in order to be eligible for the online casino deposit bonus. If it’s set at $10, deposit under that amount will not qualify for the bonus.
● The wagering requirements state how many times you must play the first deposit bonus over to claim winnings. If the wagering is set at 10x and you deposit $100, you’ll need to wager $1,000 to be able to withdraw. Keep in mind that some casinos will only allow wagering on the bonus funds, while others may require you to wager the deposit + bonus.
● Wagering requirements must be completed in a short period. Typically, that period is a month. But, depending on the casino and the size of the bonus, it could be shorter.
● You have minimum and maximum bet amounts to stick to. If you try and wager the full bonus amount at once, your bonus will be forfeited.
How to Claim the First Deposit Bonus?
Claiming a first deposit bonus is easy. You’re usually bombarded with the terms and how to claim the bonus right after you register at an NZ casino. Below you’ll see a step-by-step guide that will make things much smoother.
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1Find a CasinoFind a good NZ casino site with a welcome bonus
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2TermsCheck the terms and ensure you agree with everything
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3RegisterRegister by filling out the sign up form
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4VerifyVerify your account via email (or SMS)
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5Make a DepositMake your first deposit
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6ClaimClaim the bonus
In most cases, the bonus is handed out automatically after sign up. If the terms state differently, you might need to opt in to the first deposit bonus or talk to the customer support representatives for it.
Can I Cash Out My Online Casino Deposit Bonus?
Yes, you can, but not until you complete the wagering requirements. Like all casino bonuses, the first deposit bonus is subject to many terms and conditions. These are essentially the rules you must follow to be able to cash it out. You only have a limited time to wager the bonus so you can withdraw your winnings. There are two types of bonuses which depend on the way you withdraw them. Learn how casino bonuses work and how you can profit from them so you can maximize your wins.
Sticky Bonuses
A sticky casino bonus means bonus funds that are ‘trapped’ in the casino. The bonus itself can’t be withdrawn. However, you can play with the bonus and win real money. It essentially means you’re playing with the house’s money without spending your own.
Non-Sticky Bonuses
With non-sticky bonuses, you play with the money you deposited first. If you lose the deposit, you will only need to consider the wagering requirements. If you hit a win before reaching the bonus money, you can cancel the bonus and withdraw your winnings.
There are other important terms too. For example, to keep things fair, you have a minimum and maximum bet you can play with when wagering the bonus funds. The list of eligible games differs from one welcome bonus to another.
What If I Lose the First Deposit Bonus?
Don’t worry about it, as there are plenty of bonuses to come later. Many casinos have a second and third (or even fourth, fifth, etc.) deposit bonus to claim which comes after the first one. These are usually optional. So, if you lose your initial deposit bonus, you will still be able to claim the others.
Advantages and Disadvantages of Casino First Deposit Bonuses
Advantages
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Easy to claim and they boost your initial deposit
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Most of these bonuses include free spins
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No consequences if you lose it all
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Available at nearly all online casinos NZ
Disadvantages
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Wagering requirements may be too high
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Big welcome offers are too good to be true – that kind of money is too hard to wager
Available Payment Methods for Claiming Your First Deposit Bonus
To claim a first deposit bonus, you must register and make a deposit. That can be done with a ton of trusted payment methods. These include debit and credit cards, bank transfers, e-wallets, and prepaid vouchers. Not all of them, of course. Some options are excluded from bonus eligibility, while others, such as cryptocurrencies, are only fit for crypto welcome offers.
Which Casino Games Are Eligible for the First Deposit Bonus?
It depends on the bonus, but in general, most deposit bonuses can be completely wagered on online slots. If you check the terms, you’ll see that slots contribute 100% to the wagering. That means that when you play with bonus money, only bets on slots will count toward the wagering. Other games might be excluded, or they may contribute with a lower percentage. For example, table and card games may only contribute 10% or 20%, while live casino games may not contribute at all.
This is all available under the terms, so it’s best to give them a read. Make sure not to miss the part about the eligible games. Although slots contribute 100%, some slots may be omitted.
What Is the Difference Between a No Deposit Bonus and a First Deposit Bonus?
The difference between a no deposit and a deposit bonus is easy to spot – it’s in the deposit. More specifically, you can claim a no deposit bonus without depositing any of your own money. Deposit bonuses, on the other hand, always require you to fund your account first. You must cover the minimum deposit specified under the bonus terms to be able to claim the first deposit bonus.
No deposit bonuses have terms too, so that part is no different.