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Match Deposit Bonus

How about receiving a bonus that’s matched 50%, 100%, or even 200% to the amount you’ve deposited into your casino account? Well, this is possible with a match deposit bonus. It is one of the popular types of bonuses that new players get from online casinos as a sign-up offer. Here we explain how a match bonus works and how you can get one.

Best Match Bonus Canada November 2022

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What is a match deposit bonus?

You might come across an exclusive offer from a sportsbook or an online casino promising you a match deposit bonus. If you sign up on the casino or sportsbook website and make a deposit, you’re given a bonus that matches the amount you’ve deposited.

Of course, the money you receive from the casino as a match deposit bonus is absolutely free. However, the percentage varies depending on the online casino’s offer. Let’s say if the casino is offering a 100% match deposit bonus up to $300, you’ll get an extra $300 once you’ve deposited $300.

In this case, your total bankroll would become $600. You can then utilize this bonus amount to play your desired online casino games for real money. Usually, the online casinos match the deposits of players either partially or fully.

There are many different types of match deposit bonuses offered by online casinos today. Among the most popular ones is the one that offers 50%, 100%, 200% or higher on the first deposit. Later, you might get more of such bonuses when you become a loyal player of the casino. Some of these bonuses also come with free spins offered on select slot games. Here are the most popular types of match deposit bonuses:

1. Free Spins: Some of the match deposit bonuses are offered along with free spins, which can be used to play certain slot games. The number of free spins to be offered is decided by the online casinos.

2. Multiple Deposit Bonus: This is one of the best deals given to new casino players. It is usually offered on three or four successive deposits. As soon as you sign up on the casino, your first deposit will be matched. Then you’ll have your deposit matched three or four times after the first one.

3. Reload Bonus: This is usually 100% and used as a substitute for the welcome bonus. It is usually awarded to the existing players as incentives to keep visiting the online casino.

4. Deposit Method Bonus: This is a type of match deposit bonus that’s offered on your deposit depending on the payment method you’ve chosen. Usually, this type of bonus adds an extra 5% to the amount you’ve deposited.

5. High Roller or VIP Bonus: As the name suggests, this type of match deposit bonus is given to the high-stake players. It can match up to $1,000 or higher, depending on the online casino.

How match deposit bonuses work

It is quite easy to understand how match deposit bonuses work. Although they vary from one online casino to another, they’re mostly similar. A typical example here would be 200% Match Deposit Bonus on up to $500. Now, this match deposit bonus will be divided over three or four deposits.

On the first deposit, the match deposit bonus would be 100% up to $200. For the second deposit, the match deposit bonus would be 50% up to $150. On the third deposit, the match deposit bonus would be 50% up to 150%. This is how you’ll generally see a bonus matched by the online casino.

How you can take advantage of a match deposit bonus

Every online casino or sportsbook website requires you to register or sign up on the site. This is your first step towards securing your match deposit bonus. It also protects the casino platform from those who take advantage of such generous offers. Once they sign up on the website, they can’t create another account and manipulate the offer.

Besides this, all the players are required to provide their proof of identification, especially when they put forward the requests for withdrawals. As a proof of identification, you’ll be required to provide a social security number, identification number, or any other valid proof of identity. You’ll be required to create your username by providing a valid email address and a secret password.

When you complete these relatively simple steps, you’ll be on your way to receiving your match deposit bonus. It takes only a few minutes to complete the registration or sign-up process. Once you’ve created your account, you’ll have to meet the minimum deposit requirements.

Once you deposit the required amount, you’ll be awarded the match deposit bonus and now you’re ready to play the chosen game. Bonuses are generally offered to give players more time to play certain games. They come with wagering requirements to ensure that players utilize their bonuses and not withdraw them instantly. So, while your match deposit bonus offer excites you, there are certain rules you need to follow.

You’ll need to fulfill the wagering requirements before you can withdraw the amount. Let’s say the wagering requirement is 5x and you get a bonus of $30, you’ll need to play $30 five times. Only then would the winnings appear in your account. What this means is you’ll need to spend a total of $150.

Match deposit bonuses are used mostly to play the online slot games. The casino website will have detailed instructions about how you can claim your match deposit bonus. Once you’re on your desired online casino, you’ll need to enter the required information and make your first deposit.

You’ll then be able to claim your match deposit bonus. Before going ahead and signing up on the online casino, make sure that it offers the best match deposit bonus. If not, then you can always search for the best one online.

What to look for in terms and conditions

You can’t reap the benefits of a match deposit bonus unless you understand the casino’s terms and conditions. There are some common aspects that the online casinos cover in their terms and conditions associated with the bonus. Let’s go through each of them:

1. Wagering requirements: The online casinos offering match deposit bonuses will always specify the number of times the bonus needs to be wagered before withdrawing the winnings. Generally, the wagering requirements for such bonuses are lower than the ones for no-deposit bonus offers. There are some that require you to wager your winnings 25x, 35x, 40x, 45x, or 50x.

There would be a rollover betting requirement on a sportsbook website, which is quite similar to the wagering requirements in an online casino. The lower the betting requirements are for a match deposit bonus, the lesser you lose over a period of time.

2. Time restrictions: Every bonus offer is valid only until a specific duration or date and this is something you must know well in advance. You need to wager the bonus amount within the period specified by the casino. Many online casinos make it absolutely clear that these bonuses must be wagered within 21 or 30 days of being credited to your account.

3. Maximum deposit limit: This limit will be indicated by the best online casinos that offer match deposit bonuses. It is the highest or maximum amount of bonus that you can claim, irrespective of the amount you deposit. The limit indicates the highest possible amount the casino will match with your first deposit amount.

4. Maximum withdrawal limit: The payout limits on your winnings are often a part of the terms and conditions associated with bonuses. This limit is the most common in case of free spin winnings. It could indicate the highest amount you can withdraw from other bonuses as well.

How to calculate match deposit bonus value and wagering

By calculating the actual match deposit bonus value, you’ll know the return you can expect from the advertised casino bonus. Here, we’ll try to make the calculations with the help of an example. Let’s say, you want to calculate the actual match deposit bonus values of Casino ABC and Casino XYZ.

Casino ABC offers a 100% match deposit bonus up to $100 with a wagering requirement of 5x. Casino XYZ has a 100% match deposit bonus up to $100 with a 20x wagering requirement. In this case, it’s absolutely clear that Casino ABC is a lot better than Casino XYX. However, this might change if you consider the restrictions that the casinos have for their players.

Casino ABC allows the bonus to be wagered only on slots with low payouts. Casino XYZ allows you to wager the bonus on any game you like. Now, you’ll say without a doubt that Casino XYZ is a much better option. There are many factors that determine which of the match deposit bonus offers are good for you. So, you must consider all those factors while making your calculations.

Are match deposit bonuses worth it for players?

Match deposit bonuses are undoubtedly advantageous if the players claiming these bonuses benefit from the additional money offered to them by the casinos. There are other advantages of such bonuses as well. One of them is that they give players the chance to learn the casino games and test their quality. They can do this without having to invest a significant amount.

By making a small deposit according to the terms of the match deposit bonus, you can test the games you’re allowed to play. If you’re satisfied with the accuracy and quality of the odds, you can make a larger deposit. By understanding how a match deposit bonus works, you can sign up on another online casino or sportsbook website quickly. You’ll also learn how to claim a bonus with maximum benefits.