Match Deposit Bonus:
A Complete Guide
You’ll struggle to find an online casino today that doesn’t provide players with some form of a match deposit offer. This casino promotion is one of the most widely available and popular offers in the industry due to its effectiveness. You will encounter numerous deposit match promotions depending on your chosen operator, so here’s what to keep in mind.
What Are Matched Deposit Casino Bonuses?
This promotion is uncomplicated and involves the casino matching the player’s deposit to a certain point. For instance, if you deposit $50 and the casino’s bonus is a 100% deposit match, you’ll receive double your deposit (another $50). As a result, you’ll have $100 at your disposal to wager on various casino games. Different operators often provide different match percentages, so research is crucial to maximize your benefits.
Wagering Requirements For A Matched Deposit Casino Bonus
There is nothing exceedingly complicated when it comes to the wagering requirements for this casino offer. Match deposit bonuses typically come with good WR, and it is almost impossible to encounter this promo without any turnover requirements.
If you come across a deposit match offer with a 20x wagering requirement, understanding the bonus is straightforward. The bonus amount calls for a 20-time turnover before you can cash out the bonus and subsequent winnings.
Match Bonus Cap
A match bonus cap is a limit that the casino places on the amount it will double on the player’s deposit. For example, if a casino provides a 100% matched deposit bonus, you’ll most likely only be able to deposit a certain amount. The reason for the match deposit bonus cap is to protect the casino against unnecessary losses. In other words, it is not sensible for the casino to offer a 100% bonus match to a high-roller depositing $100,000.
This amount means the casino would need to double the deposit and provide an additional $100,000 of its money. On the one hand, the risk of the player winning and taking home even more money is a genuine concern for the casino. On the other, it does not make sense for the operator to put down so much money for every depositing player.
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Online Casino Match Deposit Amounts
Each casino operator determines its overall bonus policy independently. In other words, the casino team evaluates the operator’s bonus offering and subsequent amounts. According to current industry standards, most casinos feature deposit match bonuses ranging from 50% to 75% and 100% matches. Simultaneously, casinos also usually cap the bonus amounts, so it’s a matter of finding the offer that fits your budget best.
How To Use A Matched Deposit Bonus
The best way to maximize this casino offer is to choose the casino you play at according to a combination of its bonus policy and available games. Of course, other factors such as reputability, platform, security, reviews, etc., are equally vital, but you can primarily focus on the bonuses as the first decision criterion.
How To Cash Out A Matched Deposit Casino Bonus
Withdrawing your match deposit bonus winnings requires considering numerous factors. Examples include your preferred withdrawal method, the casino’s payment options availability, the individual operator’s withdrawal policy, processing times, and the like. However, we always recommend thoroughly reading the casino’s terms and conditions policy and accounting for each casino’s wagering requirements.
Matched Deposit Bonuses: What To Look For
Claiming online casino offers involves considering numerous factors that can make or break the bonus. While you should always read through an offer’s terms and conditions before claiming, matched deposit bonuses warrant additional attention. In other words, every casino promotion requires going through a checklist, which should help you decide more easily. We recommend visiting IRL Casino for more pro-level tips and tricks and avoiding common industry traps.
As previously mentioned, every promotion’s terms and conditions are a critical consideration. Therefore, when going through this section, we advise closely looking at several vital pieces of information.
For example, note the offer’s restricted countries, eligible games, and the potential withdrawal cap. Additionally, you should also look for the Free Spins’ expiration date (if the bonus features them) and the number of spins you can claim. However, we also recommend keeping a close eye on aspects like the minimum wagering requirement and minimum deposit requirements for claiming the offer.
If you encounter a match deposit promotion that includes free spins, examine the spins’ T&C’s in particular. For instance, numerous operators have free spins for various games in their deposit match offers but require punters to spend them within a limited time frame. If players fail to claim and use the spins within the allotted time, the casino takes back the offer.
Deposit & Withdrawal Conundrums
Most online operators know their customers and understand their most prevalent concerns. However, casinos usually specify the minimum deposit amount clearly and visibly when it comes to the terms and conditions section and the information outlined within it.
Knowing the minimum deposit requirement players must meet to claim the various bonuses makes sense. In other words, claiming a deposit match offer is not possible unless players deposit the minimum required amount.
Simultaneously, being aware of the withdrawal limits and caps at all times is another critical detail to keep in mind. Most reputable operators impose maximum withdrawal limits on their bonus offers to prevent unnecessary losses and ensure ample funds. This clause prevents players from withdrawing an amount higher than what the casino predetermined, even if they won.
Herein lies another crucial consideration: before you are eligible for a withdrawal, you will need to meet a rollover (wagering) requirement. Each operator’s wagering requirement exists in the form of a number you must reach before cash out. However, most players fail to note the number of days the casino gives players to meet this condition. Therefore, your deposit match offer will become invalid unless you not only meet the requirements but also meet them within the preset period.
Additionally, checking the operator’s restricted countries list may seem counterintuitive at first. But, just because a casino offers its games and betting services to a country’s residents does not guarantee that all bonuses are similarly available. Whether it’s an exclusive offer or a generic promotion, the offer’s geographical availability and T&C mentioned above’s are always worth reading.
What If I Encounter Free Time & Free Starting Balance Offers?
These bonus offers are a novelty in the online gambling industry and are still only scarcely available. While not technically deposit match bonuses, these promotions, in part, work similarly to match deposit offers. As of recently, only a handful of Microgaming casinos offer these promotions to punters, but demand is growing.
Casino operators give players a specific amount of casino credits to use within a preset time frame when offering the free time promotion. Once the time limit expires, any amount that the player has won over the initial sum represents their winnings. However, cashing out the winnings requires depositing additional funds and meeting the wagering requirements.
Except for the fixed time limit, the free starting balance bonus offer works identically to the free time promo. However, these bonuses are only available in Microgaming’s download software client casino as of yet.
