What is a Deposit Match Bonus?
You can do it for fun or for real money when playing at online casinos. You can also play with extra money courtesy of the casino, and deposit match bonuses are the top offer on the list. In the simplest terms, this bonus covers a certain percentage of your deposit amount, giving you extra money you can convert to wins. Not for free, though – just like free spins and other offers, each match bonus has a slew of terms and conditions you need to accept.
The deposit match bonus comes with many benefits. Since it’s not free money you’ll be getting, you can use the extra cash to win real money. You can spend most of these bonuses on popular online casino games, including the latest and greatest slots. Some allow you to play blackjack, roulette, poker, or baccarat and keep what you win with deposit bonus offers.
Unlike other bonuses, these can cover the total amount of a deposit. For example, a welcome bonus covering 100% of your initial deposit is almost a default in online casinos. When claiming such a bonus, you need to see if it requires using a promo code. Most don’t, but still, you need to check. A deposit offer can also be an exclusive bonus for existing customers and is a common occurrence in VIP clubs too.
If the terms are fair, there’s no reason to skip the bonus. Just don’t think of it as free bet credits. Nothing ever comes for free in online casinos, so you need to read the Terms and Conditions before you start playing. There are some important considerations to check, so it’s not as easy as making a deposit and winning money with the extra cash.
Types of Deposit Match Bonuses
All online bonuses offer extra cash one way or another. The great thing about all these offers is that they come in many shapes and sizes. Their goal is always the same – to help you get more winnings. Of course, those won’t come cheap, but you can win a nice amount of money with a deposit bonus. The best bonuses come in the shape of a welcome offer. That said, there are other types of deposit match bonus promotions that might interest gambling enthusiasts.
The welcome offer is the first thing you’ll encounter in an online casino. It’s one of those bonuses casinos will splash a big banner or a pop-up window promising great returns. While they do boost your bankroll initially, we have to say that the terms for a welcome bonus are rarely fair.
Casino players always claim this bonus as it’s an excellent way to start a player’s gambling journey. And there’s nothing wrong with claiming a first deposit bonus if the terms are fair. This bonus is often available across a range of games instead of a single game. You can keep the bonus money as long as you cover the wagering requirements.
In most cases, welcome offers cover a first deposit bonus of up to 100% and come with free spins. They require new customers to open up a new account and fund it. You can use more than one payment method to do that. But you must know that some casinos do not offer a welcome bonus for certain payment methods. Always check the bonus terms and conditions before using your payment method. Once you do, you will receive double that amount. You can then wager the bonus on a game or a group of games, which are often slots. Keep in mind that there might be a limit to the amount you can earn and win with this promotion.
By definition, reloads are bonuses offered to players in a casino they have already made a deposit previously. It’s a way to give existing players a bit of extra cash. They’re similar to a match bonus, except they cover a smaller percentage of a certain amount. For example, a good reload bonus would give players a 40% boost up to $50 or so. While they don’t boost your bankroll like a welcome package, it’s a boost that will keep existing players satisfied.
New players are essential for casinos, but so are existing customers. New customers get a welcome bonus and reload bonuses are there to keep existing players happy. Sometimes, casinos may pair reload bonuses with free spins on a specific slot game, so you get extra cash on top of the extra spins.
Most online casinos don’t require you to opt into these bonuses. They offer them straight up, so you get a boost when you make a deposit. You can talk to customer support to refuse the bonus, but if you’re already making a deposit, why would you say no to some extra cash. Remember that these bonuses also have limits and are subject to terms and conditions, so read them before claiming such a bonus offer.
High-rollers are players who aren’t afraid to spend big in casinos. Think of them as the actors in the gambling movies that play millions on a table. The reward for these players is massive, but so is their bankroll. High-rollers commonly spend thousands of dollars on a table, never saying no to a match bonus.
Casinos shell out high-roller bonuses the same way they shell out any other bonus. The difference is that you’ll play with a lot more money. The reward is over 100% of a match bonus most of the time. For example, it can be a 500% match bonus or a 100% match for a deposit of $1,000 or more.
If you’re a high-roller, make sure to check the terms of this bonus. It may be offered on specific games only and will certainly have its limits, no matter how much you’re willing to spend. It’s a lot of extra cash, so the wagering requirements might also be higher.
These days, new slots and casino games come out every week. You can bet that online casinos keep an eye on them all, giving you plenty of extra money to your bank account to play the newest titles. After you start betting, it can be a match or a special bonus tied to a payment method.
These special bonuses may exclude a banking method, so keep an eye on their terms. Casinos only offer these promotions occasionally, and you may or may not need to make a deposit for them. One thing’s for sure – you will have to roll them over a certain number of times before you can claim your winnings.
Cashable vs Non-Cashable Deposit Match Bonus Offers
When it comes to cashing out your winnings, some bonuses allow it, and others stay ‘sticky’. The term ‘sticky’ means that the deposit bonus stays with the casino, so you can’t cash it out like the other bonuses. On the positive side, it often gives players more money than the lower deposit amount for a cashable bonus.
The differences between the two types can often confuse players, to make it clear we’ve made a comparison table that lists their benefits.
What to consider when choosing Deposit Match Bonuses
Choosing the right deposit match bonus looks relatively simple. In most cases, players get it automatically without needing to opt in. However, new players would like to get their hands on a reasonable bonus with clear terms, as the requirements can often be misleading. Of course, it’s against the law, but many casinos slip them through the net.
Getting extra money via casino bonuses is always a great idea. That said, not all deposit match bonuses are easy or even fair to claim. Unlike a free bet at a sportsbook which would be hard to pass up on, a deposit match bonus needs a bit of thinking before you get it.
Whether it’s a first deposit bonus or an offer that matches any deposit and free spins, you need to consider a few things before you claim it.
Find a Reputable Online Casino
If you don’t find a good gambling site to join, the amount you can claim with a match bonus doesn’t matter. A welcome bonus might be too good to be true, especially at scam casinos. They use massive welcome bonus offers to get players’ attention with the intention of never letting them cash out their winnings. These casinos can even steal more than just your deposit bonus offers.
That’s why it’s crucial to pick the right casino. Make sure it has a proper license and comes with fair terms unless you want to miss out on the winnings.
Minimum Deposit Required
First things first – if you’re a casual player, you should definitely check out the minimum required deposit. It is typically around $10 or so for most match bonuses but can be higher or lower. If the minimum deposit is set at $100, it’s most likely for a high-roller bonus, and most casual players won’t be able to deposit in their account.
New customers will prefer it to be on the lower side, as they don’t bet a lot or don’t spend a lot on slots or other games. This way, the bonus gives their bankroll a nice boost without spending extravagant sums of money.
The wagering requirements are the most important condition we focus on when getting a deposit bonus. Not to repeat ourselves, but they should be relatively low, not 65x. We try to find a good bonus that keeps them at 5x or something similiar, so you can work on completing them in the pre-determined timeframe.
A good deposit bonus will cover a bonus up to a relatively solid certain amount. It won’t boost your bankroll by 500%, and it won’t give you thousands to spin slots with. Even a $20 welcome bonus is reasonable if the terms and conditions are fair. If they’re not, then the size doesn’t matter at all.
We always check the game eligibility when we claim a first deposit bonus. The same goes for free spins that can come in the package. Each bet on slots typically counts, but casinos usually exclude games such as poker. Sometimes, a bonus may only be eligible for a single game, that’s why we pay extra attention to game eligibilities, so you know what you are getting into.
Bet Size and Caps
We constantly check the bet size and the likely cap on the maximum winnings. The former rarely exceeds $5, which is OK, and we prefer to find deposit bonuses that aren’t capped. If there is a cap, we make sure it’s reasonably high so you can get the best possible eventual returns when using your bonus.
Wagering Requirement of a Match Deposit Bonus
Players seem most confused about the wagering requirements among all the terms and conditions of deposit bonuses. What does it mean to wager a bonus? It’s easy – it states the number of times you need to play the bonus. It’s fair to say that you won’t be able to get your winnings out without completing the wagering requirements.
A match bonus will always have wagering requirements attached to it. For example, wagering 10x for a deposit match bonus of $50 means spending $500 to get your winnings. That’s a bit high, but it’s not hard to hit that number if you play regularly. Essentially, you pay the price for getting your hands on a first deposit bonus. You didn’t think it would come for free, right?
The lower the wagering requirements are, the better. Of course, many casinos have unfair terms on deposits and other bonuses, preventing you from actually completing the wagering. The good news is that the best promotions will keep the wagering low. A match bonus covering a lower percentage will give you smaller amounts of money, but the terms will be fairer.
Each bonus comes with different wagering requirements. We’d recommend you wager around 10x or lower, as anything over 20x is hard to complete. And stay away from bonuses that promise thousands and have a wagering of 50x. That’s the kind of money only high-rollers can spend. It’s not worth claiming that kind of deposit bonus.
How to Calculate Wagering Requirements for Match Deposit Bonuses?
Match deposit bonuses are a great way to boost your bankroll and increase your chances of winning big. But in order to withdraw your winnings, you’ll need to fulfill the wagering requirements that come with the bonus. Here’s how to calculate them:
Step 1: Determine the wagering requirement percentage
The first step is to figure out what percentage of your deposit you need to wager in order to fulfill the requirements. For example, if the bonus has a 30x wagering requirement and you deposit $100, you’ll need to wager 30 x $100 = $3,000 in order to fulfill the requirements.
Step 2: Determine the game contribution percentage
Different games contribute different percentages towards the wagering requirements. For example, slots may contribute 100% while table games may only contribute 20%. Check the terms and conditions of the bonus to find out which games contribute what percentage.
Step 3: Calculate the amount you need to wager
Once you know the wagering requirement percentage and the game contribution percentage, you can calculate how much you need to wager in each game. For example, if slots contribute 100% and you need to wager $3,000, you’ll need to wager $3,000 on slots. But if playing the table games contributes only 20%, you’ll need to wager $15,000 on table games to fulfill the requirements.
Calculating wagering requirements may seem complicated at first, but it’s important to understand the terms and conditions of any bonus before you claim it. By following these steps, you can figure out exactly what you need to do in order to withdraw your winnings and make the most of your deposit match bonus.
How to Claim a Deposit Match Bonus
Claiming a deposit match bonus is very easy. It doesn’t matter if it comes on your initial deposit or later – the process is the same as the registration. Of course, you’ll need to be aware of what you’re claiming – is it a welcome bonus or a regular deposit boost. Once you know what it is, you can claim a match bonus in seconds.
Estimated Time Needed : 00:05
Tools Needed: Account
Supplies Needed: Time, Money
Find a Casino Site with Good Deposit Match Bonuses
We already said why it's important to pick a properly licensed casino. Not all gambling sites are created equal, so read some reviews on our website and find the one that suits your wants and needs. Only then you should consider registering and claiming the welcome bonus or any other promotions.
Read the Terms and Conditions
This is a crucial step you don't want to miss. And yes, we understand that no one likes to read the fine print, especially on a deposit match bonus. However, you should learn the minimum deposit required and how to cash your winnings out. If you don't read the terms, you'll miss out on that and lose the bonus funds.
Claim the Offer
Reading the terms will give you a clear idea of what you need to do. In most cases, it's as easy as clicking on Get Now or Claim the Bonus. If you need to use a bonus code, it should be stated clear under the terms. Claim the offer, and the bonus cash should be available in your account without any delays.
Use Your Bonus Funds to Play and Hopefully Win!
It's time to have some fun and hopefully win! Casinos will most likely cap your winnings, but what the heck? Who would say no to winning something without breaking the bank? You wouldn't say no to a free bet, right? It's the same with match bonuses, so use them to your advantage and cross your fingers for nice returns.
Is the Deposit Match Bonus Free?
No, it’s not, and you should never believe those ads that say, ‘Get your free bet credits or free money right now!’ We already said it once, and we’ll say it again – there’s nothing free in a casino. Deposit bonuses have wagering requirements, and should you fail to complete them on time, you won’t get your winnings.
Still, deposit match bonuses are a great way to give your bankroll a boost and play more games. That’s how they’re supposed to work, but they’re never free.
Are Casinos That Offer Match Bonus Trustable?
Yes and no. Well, not all casinos are created equal. Nearly every online casino offers deposit bonuses, but you can’t just join the first one you come across. Watchdogs scan the market all the time, but scam casinos still slip through the net from time to time. That’s why it’s important to check the terms of a welcome bonus or deposit offer that seems too good to be true.
If you want to play and claim deposit match bonuses at a trustable casino, it must be properly licensed. Check the footer of the website – that’s where the license badge usually is. There should also be a license number that you can easily check online. If they don’t have a license, it doesn’t matter what kind of a deposit bonus the casino offers – the casino is probably a scam gaming site.
Always go for trustable casinos if you want the best online gambling experience. Unless you want to run into bigger problems than a forfeited deposit bonus, you’ll need to find a casino where it’s safe to bet online.
How We Find the Best Deposit Match Bonuses
There are several factors we consider when we choose the best deposit bonus offers for you. Contrary to popular belief, the size of the bonus doesn’t matter. For example, wagering a $1,000 bonus 65 times makes it nearly impossible to cash out unless you want to spend a car’s worth of money to get peanuts. Even with the best odds and low-RTP slots, those terms are insane.
That’s why we make the effort to find the absolute best deposit bonuses for your convenience. Each deposit match offer and bonus have different terms. They are not the same for, say, deposit boosts and free spins. But we already said which bonus requirements we pay the most attention to. Now let’s see how we find the best bonus offers you can get.
Create an Account at a Good and Licensed Casino
We search across the internet for a licensed casino with a reputation for being fair to their players. It doesn't even worth checking unlicensed casinos as it's simply not smart to gamble in an unsafe place. Then we create an account to get going.
Make a Qualifying Deposit and Claim the Bonus
We make a deposit that is enough to trigger the deposit bonus. You have to use bonus codes to activate your bonus on some casinos as you might know. If that's the case, we enter the bonus code. Then we claim the bonus and check whether the amount is what is promised.
Use Your Bonus to Play Our Favourite Games
We go to the games library and try out some of the games at the casino using our bonus, just to make sure that it works. Including as many games as possible in our tests is important but some casinos limit the games you can play with your bonus. We try them all nevertheless.
Match the Bonus Requirements and Cash Out
We play various games with the bonus until we meet the wagering requirements. That is if the wagering requirements are actually reasonable. We simply don't recommend any sites with unreasonable wagering requirements. After that, we cash out to see if it works as intended.
Is It Really Possible To Win Real Money With a Match Bonus?
Yes, it is. When you make a new account and claim a welcome bonus, you can use it to your advantage and win real money with it. The same goes for any deposit bonus. The only problem is that your winnings won’t be available for cashing out unless you complete the wagering.
As mentioned earlier, you will need to wager the bonus a certain number of times on a game or a group of games. Once you complete the bonus terms, your winnings will appear in your account as cashable funds you can get out.
Of course, there’s also the possibility of not winning anything with the bonuses, free spins, or a free bet. It all comes down to luck, as most bonuses including free spins, are usually available to wager on slots.
Pros and Cons Of Casino Deposit Match Bonus
There are quite a few benefits of deposit match bonuses and almost no disadvantages. New players get heavenly sums of money on their first deposit, while seasoned players get a reason to stay in a casino. Of course, some bonus offers might have too strict terms to consider. Plus, many casinos advertise them as free bets when they’re as far as possible from that term.
- You can earn plenty of cash with a bonus
- First deposit bonus offers usually include free spins as well
- Gives new players a chance to start on the right foot
- Bonuses can be used to win money
- Cashing a bonus out is possible
- Wagering requirements are sometimes too high
- The bet size is capped
- Deposit bonus offers are often available primarily on slots
- Bonus winnings may be capped to a certain amount
- Sticky bonuses are not that fun
Why do online betting sites offer match bonuses?
The answer is easy – they get a new deposit out of you and keep you playing for longer. This may turn into a gambling problem, but a deposit bonus can be useful if you’re careful and follow the bonus terms while sticking to Responsible Gambling guidelines.
Can I win real money using match bonuses?
Yes, you can. Unless the bonus is sticky and non-cashable, you can use your deposit bonus to claim winnings after completing the wagering.
Can I claim multiple bonuses at the same casino?
That depends on the casino itself. You cannot mix the first deposit bonuses with other offers in most cases. You may claim further deposit bonuses and promotions along with others.
Why should I claim a match bonus?
Why shouldn’t you claim a deposit bonus would be a more appropriate question. Since you’ll already be making your first deposit (or a further one), why would you say no to a nice bonus? You get to bet more and possibly win more if you’re lucky by using the extra funds.
Author & Casino Expert
After going through several successful experiences with several industry pioneers, Fadi Hayek has managed to excel in the world of content for online gaming by providing unique content for several projects that allowed him to obtain the necessary experience to launch his career. Last but not least, Fadi also holds several certificates, including but not limited to content marketing and iGaming.