A matched deposit bonus is actually a no-risk type of bonus and an exciting way to have a steady increase from a small bankroll over time. Such offers are usually far more generous than the market average with newly launched casinos (or about to go live). Read on to find out all the details of this admittedly interesting offer, as well as how to grab one.
A matched deposit bonus is one of the most popular types of bonuses available to new casino players. However, it is also a common promo offered to sports betting fans that register with an online bookmaker. In simple terms, when you are being offered a match deposit bonus, it means that the online casino you have registered with will match the sum of your first deposit.
Of course, there are some limits to it. For example, there is an upper cap as to the maximum bonus cash you can receive while you will probably need to meet a minimum deposit to qualify. You may also hear it referred to as a 100% first deposit bonus (or another percentage).
Sometimes, such a bonus is exclusive to some operators or affiliates. This means that only those with a bonus code can claim the relevant offer. In these cases, the bonus code (or promo code) is provided by either the affiliate or the operator themselves.
The table below highlights some key details about the matched deposit bonus (Wagering and T&Cs apply).
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As previously stated, a 100% deposit bonus is a promotion offered to new online casino customers that register with the online operator. This means that you need to go through the following steps to receive the bonus in question:
Complete the sign-up process.
If a bonus code is required, ensure you get one and then enter it in the corresponding field in the registration form.
You may need to redeem the bonus code before making your first deposit so that you can claim the offer. This depends on the promo’s terms and conditions.
Make a qualifying deposit by paying in the stipulated sum via the payment method provided.
Claim your bonus by contacting Customer Service. The bonus may also be loaded to your account automatically right after you successfully deposit funds to your account per the bonus terms and conditions.
First of all, a match deposit bonus is a casino offer that is given from the casino’s own money to match the sum you deposit. The reason for having such a promo is to show appreciation towards your effort to fund your account. That way, you are being offered a bigger bankroll, which adds more excitement to your online casino endeavours.
Usually, a matched deposit bonus refers to a player’s first deposit. Nevertheless, some operators deliver such an offer to new customers for making their 2nd, 3rd, and, sometimes, the 4th, and even 5th deposit. In these cases, the pre-set percentage varies. If, for instance, a new player is being offered a 100% matched deposit bonus (could be as high as 200% or even 500%) for their first deposit, the percentage drops in the subsequent deposits. It could be, say, a 50% match on the 2nddeposit, 25% on the 3rd, and 15% on the 4th.
Finally, you will also find percentage matched deposit bonuses that also feature free spins. Getting your hands on such an offer means that you may not only expect your deposit to be matched by the operator but also receive some extra spins to use on select games (see the bonus terms and conditions for a complete list of these games).
That these types of bonuses come with several wagering requirements before you can convert your winning into withdrawable cash.
It is not unlikely to see such bonuses being offered to older players in appreciation of their loyalty.
Indeed, they are. Several online casinos promote such offers to entice their new customers. Among the most popular operators that come forward with promos that reward new players with these bonuses are:
Read full review here. Opt in required. New customers to Casino page only. 1x per customer. Min. Buy in £10. Bonus value 100% of Buy in. Max. 40x Wagering, Max Redeemable £4,000. 50 Free Spins with x35 wagering will be awarded after the Buy in Bonus is completed, Max Redeemable £1,000. Bonus expires after 7 days. Stake contributions, player, country, currency, game restrictions and terms apply.See T&Cs
Kindly note that:
A deposit match bonus is one of the most popular promos offered to new online casino customers. The percentage the operator matches a new player’s first deposit varies. It may range from 100% (could go as high as 500% in some instances) to 50%, 25%, or another. Besides a first deposit match bonus, though, you may be provided with a 2nd, 3rd, 4th, and even 5th deposit match offer. Also, it is not uncommon to add some extra spins to such promotions. Browsing the Net will allow you to find several online casinos that reward new customers with a deposit match bonus, the particularities of which differ. Or you may go through the update list at Lucky Street and choose the operators with the best offering per your requirements and needs.