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.