Net Deposit & Lifetime Net Deposit Meaning – Is Negative Good?

To play the best UK slots online, you need to choose a reputable online casino. That’s where King Casino comes in. Playing your favourite online slots and casino games at King Casino starts with registering a casino account.

You need to place bets to play online casino games, which requires depositing your own funds into your casino account. Over time, you might encounter terms like ‘Net Deposit’, ‘Lifetime Net Deposit’, and ‘Negative Net Deposit’.

We’ll discuss these in this blog post to help you understand what they mean.

What Is Net Deposit?

Net deposit indicates the difference between the total deposits and withdrawals made. So, it is the total amount deposited into the account after subtracting the total withdrawals.

You can either have a negative net deposit or a positive net deposit.

What Does Lifetime Net Deposit Mean?

Lifetime Net Deposit is the total net deposit of a given account since its creation. It is the total amount deposited into the account from the start, with the total amount withdrawn subtracted from it.

If you see bookmakers use ‘Lifetime Net Deposit’, it simply means Net Deposit since the account was created.

Is a Negative Net Deposit Good?

A Negative Net Deposit or a minus Net Deposit is a scenario where a player has withdrawn more funds from the account than they have deposited into it. Essentially, it suggests that the player has won more than they have wagered since there is more money coming out of the account than they are putting into it.

Conversely, if you have deposited more than you have withdrawn, you would have a Positive Net Deposit.

What Is The Net Deposit Limit?

Some online casinos put Net Deposit Limits in place to encourage punters to practise responsible gambling. If a player’s Net Deposit gets too high, it means that they are depositing far more than they are withdrawing. 

We can liken Net Deposit Limits to a kind of budget the casino places on players. 

You can check if your online casino has a Net deposit Limit by going to the Terms & Conditions page.