The deposit bonus is a bonus you get as a reward for a deposit to the online casino. It can be free spins or free money or both. It's also pretty common that the casinos have welcome packages that are a reward for the first couple of deposits you make. The most popular deposit bonus is the match bonus when the casino doubles your money.
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A no deposit bonus is a free bonus which you can use to play and win in real money games. The only requirement is that you make a casino account to claim the offer. This is not like free instant.
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