Is It Worth Making A Deposit At A New Online Casino?

Is It Worth Making A Deposit At A New Online Casino?

In 2024, online casinos in South Africa are expected to generate an average revenue of 2,511 rand per user – a 228% increase since 2017. This increase is related to the introduction of new casinos, which begs the question: is it worth depositing at a new online casino?

The short answer is that it depends on the casino you choose. There are many aspects to consider when deciding if a gambling site is worth it. These include reputation, bonuses, deposits, withdrawals, and gameplay experience, to name a few.

Fortunately, I’m here to help. I created this article to help you understand what to look for when choosing a new online casino in South Africa. My goal is to ensure I can quickly determine whether or not I should make a deposit. Make that one of your goals too.

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Reputation and Licensing

This might seem counterintuitive, as new online casinos don’t have the most extensive reputation. However, many sites that become available to South African players already operate in other countries. As such, seeing what players think about the casinos in different jurisdictions can be extremely helpful.

But what if South Africa is one of the first countries where the casino is being launched? In that case, I recommend looking into its licensing information. Before getting a licence, casinos must undergo rigorous financial transparency and fairness tests. If a site operates with a valid licence, it might be worth depositing.

Bonuses and Promotions

In my opinion, bonuses are one of the main reasons players deposit at an online casino. A good bonus can significantly improve your experience, allowing you to unlock unique rewards, such as free spins and cash prizes.

It’s always best to choose a South African casino bonus with and without deposit, as you don’t have to add funds to your account if you don’t want to. Depositing at these casinos isn’t mandatory to be eligible for a bonus, although the offers tend to be better if you do so.

You should take your time to understand how bonuses work before depositing at an online casino. If the offers are suited to your needs, perhaps it’s a good idea to add some funds to your account. Don’t forget to read the terms and conditions, though.

Terms and conditions

The terms and conditions contain all the information you need to know regarding bonuses and promotions. Reading them is crucial to understanding if a deposit is worth it. They can include the following restrictions:

  • Wagering requirements

These refer to the number of times you must wager your bonus. For example, if you get a 1,000 rand bonus with a 30x wagering requirement, you must bet 30,000 rand before withdrawing. The best casino bonuses usually have a wagering requirement under 40x.

  • Time limit

The time limit dictates how long players have to complete the wagering requirements. It usually varies from 14 to 30 days, although it can be as high as 60 days. Bonuses with short time limits aren’t worth claiming, as you won’t be able to complete them

  • Maximum winnings

Some sites may limit how much players can win while bonuses are active. Luckily, top-rated casinos in South Africa don’t usually do this. I recommend not depositing if the maximum winnings are too low.

Deposits and Withdrawals

If a casino’s minimum deposit and withdrawal amounts are too high, depositing is probably not worth it. These sites usually try to get players to make a valuable deposit by offering bonuses that look too good to be true.

On the flip side, some casinos try to convince you to add funds to your account by lowering the minimum deposit amount. Once you’re at the site, you’ll realise you must make additional deposits to have a chance to withdraw.

As such, you should always visit the cashier section and look through the limits before depositing. If a gambling site makes you feel obligated to deposit more than you intend to, it’s best to avoid it altogether.

Bankroll Management and Responsible Gambling

This one is pretty straightforward – don’t deposit at gambling sites that don’t help you stay responsible. Why? Because not having access to responsible gambling tools can result in players making additional deposits, increasing the likelihood of gambling addiction.

A top-rated online casino will always put its players first by offering resources like the ability to set limits, reality checks, and session timers. It should also allow players to request a time-out or self-exclude from the casino at any point.

Tips to Check if a New Casino is Worth It

Finding out if a new online casino is worth your time can be difficult, especially if you’re a beginner. Luckily, it doesn’t have to be this way. Here are a few tips to help you get started at new South African gambling sites:

  • Check if the casino operates in other jurisdictions and has a valid licence.
  • Look through the promotions available and read the terms and conditions.
  • Pay attention to the site’s minimum deposit and withdrawal amounts.
  • See what responsible gambling resources the casino offers.

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