Among the many types of bonuses available at online casinos are match bonuses. These bonuses may be available to all players or they may be restricted to specific groups of players such as new players or VIP players. Match bonuses are also known as Sign Up bonuses.
Best Casino Match Bonuses
What is a Match Bonus?
A match bonus is a bonus amount that is a percentage of the deposit you make. When they are awarded as a welcome bonus or first deposit bonus they are typically larger than when they are awarded for subsequent deposits. As a first deposit you may expect to find a 100% match deposit bonus up to $200 or a 200% match deposit bonus up to $300. As a reload bonus you may expect to find a 50% bonus up to $100.
How Do They Work?
Casino match bonuses are available to players who make deposits into their casino account. In order to be eligible you will need to make a minimum deposit, around $20. There will also be a maximum amount that you can claim. If the bonus offers a 100% bonus up to $200 and you deposit $300, you will only be able to claim $200 worth of bonus.
There are wagering requirements associated with any casino match bonus. These will indicate how much you will need to bet in order to be able to withdraw your winnings. It may require you to bet a number of times the bonus or a number of times the bonus + your deposit.
What are Wagering Requirements?
The wagering requirements will indicate which games you can play to count towards the conditions and be aware that not all games will be available and not all games will count 100% to fulfilling your requirements. There may be different signup bonuses available for play on different games so look around before you claim. In addition, they will indicate how many times the bonus or the bonus + deposit you will need to bet in order to be able to cash out your winnings.
A typical signup bonus may require you to bet 20 x your deposit + bonus. If you claimed a 100% bonus up to $100, this would mean you would need to bet $100 + $100 = $200 x 20 = $4,000. Also keep in mind that some bonuses are sticky in that you can never withdraw the actual bonus money, while other are cashable in which case they can be withdrawn with your winnings once you have fulfilled the wagering requirements.
Are They Cashable?
You also need to check if the bonus is cashable in that you will be able to withdraw it with your winnings or if it is sticky in which case the money can be used to place bets, but you cannot withdraw it. When the match bonus is a welcome bonus it will be available as a once off offer, whereas if it is a reload bonus, it will be available for all players. These may be offered on any deposit, on the first deposit of the month, on a specific day of the week or for your first specified number of deposits.
How Do I Claim One?
Many casinos require the use of match bonus codes when you are claiming match bonuses and these will need to be entered into the correct field when you make your deposit. Alternatively, they may be automatic or you may be required to contact customer support to claim it.