Online casinos are famous for allowing you to play online slots and other casino games for much less than in live casinos. Some minimum deposit casinos allow you to deposit with as little as $5. This is great for small budgets, but these mini-deposits come with drawbacks.
First, most casinos set a deposit limit for their online casino bonuses. Most require that you deposit at least $20 to activate your bonus. If the minimum deposit is $5, depositing only $5 will disqualify you from getting the bonus.
Some casinos charge a fee when you make an online casino deposit. For example, a credit card deposits will generally cost you a 2.5% fee. Sometimes this is an additional charge above your deposit. Other times the fee is withdrawn from your balance before you can play.
If an online casino deposit fails to process, it is usually due to some form of bad information. The most common mistake is an extra or missing account number or swapping two numbers. Afterward, entering in the wrong security code or expiration date is the next most common error.
Some players will give up on making a deposit if it fails. There are many reasons a deposit can fail. We’ve already mentioned entering bad information. The next most common reason a deposit fails is that your bank has security measures in place to protect against unauthorized transactions.
Some online casino players don’t bother depositing with a casino bonus, and this is often leaving money on the table. The standard bonus gives you a 100% match, which effectively doubles your bankroll when you start playing.
While there are instances where playing with an online casino bonus is not recommended, for many players skipping a bonus is an error. Check the promotions page of your casino for the latest bonus offers.