How to Deposit Less at Online Casinos
Posted by Harry Kane on Wednesday, May 19, 2021
Bankroll management is absolutely central to gambling successfully online, as this enables you to make your money go further and minimises the risk of potentially seismic losses.
Fortunately, we’ve seen a number of technological advancements that enable you to optimise your bankroll when wagering online and capitalising on these enables you to effectively deposit less without having to compromise on the overall iGaming experience.
In this post, we’ll explore these in greater detail and explain how you can minimise the amount of money that you commit to wagers every single week.
1. Target Online Casinos with Low Deposit Limits
Not all online casinos have been created equal, particularly when it comes to their precise terms and conditions and the limits that they impose on players.
For example, each operator will impose its own deposit and withdrawal limits, with this having a huge impact on how much you’re required to commit each time and the level of real-time access that you have to your winnings.
In general terms, most operators deploy minimum deposit limits of around £10, while others may require you to credit your account with at least £20 (especially as part of any welcome bonus or recurring promotional offer).
However, there are some operators that allow you to deposit just £5 at a time, which is ideal for casual players and those who want to focus on preserving their bankroll within a predetermined period of time.
So, always check the banking page of your chosen casino platform before signing up, as this should include detailed information on deposit limits, processing times and the various payment methods available.
It will also detail any fees that are applied to processing deposits, and while this may be a rare occurrence it’s still utilised by a select few operators.
In this case, a basic £10 deposit may command a £2.50 processing fee, meaning that you’ll instantly have less to play online. This type of operator should be largely avoided, as otherwise you’ll run the risk of having to deposit considerably more over time.
Also, remember that the minimum deposit amount may vary from one payment method to another. For example, the limit imposed by Skrill is likely to differ from bank transfer or Visa debit card payments, so be sure to factor this into your final decision.
Attention to detail is critical here, as this will ensure that you choose a casino that suits your bankroll management philosophy and makes allowances for alternative payment methods (as and when required).
2. Seek Out No-deposit Bonuses Where Possible
We live in the age of the welcome bonus, where operators are continuing to compete directly with one another through the provision of generous bonuses for new players.
These bonuses can vary wildly from one platform to another, of course, from their total value and formation to the wagering requirements that dictate how much you need to play through before making a qualifying withdrawal.
Interestingly, we’ve also seen a recent trend for no-deposit bonuses, which in effect do exactly what they say on the tin. More specifically, they provide you with a finite sum of free funds simply in exchange for a creating a new account, which can usually be deployed on one or more high-variance slots that deliver sizable (albeit infrequent) payouts.
These offers are typically quire small and will usually provide you with £10 or £20 in no-deposit funds. Such funds can then be wagered according to the qualifying game rules and the maximum betting terms, while winnings are likely to be capped a relatively low level or at least subject to basic wagering requirements.
While this type of offer is typically low-value and not particularly impressive from a financial perspective, it does equip your bankroll with additional funds that can be deployed on fun and potentially rewarding slots. They therefore enable you to protect your hard-earned money, while also creating the potential to add to your bankroll in the form of any subsequent winnings.
This is definitely something to keep in mind when comparing operators and looking to optimise your bankroll, as brands that include a no-deposit offer as part of the welcome bonus should be prioritised above others in most instances.
3. Identify a Platform with a Weekly Reload Bonus
OK, we hear you ask, what’s a reload bonus? Well, this is a simple and recurring offer that includes a percentage match up to a specific amount, as part of a wider promotion that sees your bonus funds continually topped up.
For example, a typical reload bonus may provide a deposit match of 50% up to £100, with this available in the form of a weekly reload promotion that’s delivered on the same day and time every single week.
This means that you’ll qualify for additional forms in the form of the deposit match so long as you fulfil the wagering requirement and complete the requisite deposit within the specified time period.
Of course, the wagering requirements may be a little prohibitive in some respects, especially if you have a restrictive bankroll that minimises the amount available to spend each week. In most cases, however, reload bonuses have relatively small buy-in and deposit limits, so the cost is offset by the free gameplay that’s made available on a recurring basis.
Ultimately, depositing through a weekly reload bonus ensures that you’ll access a set amount of free gameplay every single week, which once again helps you to protect your bankroll and makes this stretch even further over time!
Before committing to a particular site, you should consider whether or not a site offers a weekly reload bonuses, along with any other recurring promotions that are made available to new and existing players.
This way, you may be able to leverage additional promotions that help you to regularly deposit less, ensuring that your hard-earned money can stretch further and potentially across a wider range of casino verticals.