In the world of online gambling, there are many casino bonus options. Some target slot players, whilst others target all other types of players. The sign-up casino offer can ultimately seal or break the deal when it comes to casino players.
A matched bonus is probably one of the best casino bonus offers available out there. Deposit match bonuses are a superb way for you to get your hands on extra cash to play with and if Lady Luck is smiling upon you, can convert into withdrawal real money.
Whether you are looking to make your first deposit or reloading your casino account, you need to ensure that you get the best value for money.
There is free money that is waiting for you in the form of a deposit match bonus. This article shows when it is smart to opt for match bonus offers.
What is a match bonus at online casinos?
A match deposit bonus is characterised by a percentage that promises to double or triple the money deposited. The quality of the bonus depends heavily on the percentage and how much you are willing to deposit.
If for example, you come across an offer that is 15% or 25%, it is considered weak. The best bonus percentages are either 100%, 200% or more. Some players are happy to contend with a lower percentage as long as the terms and conditions and cap on winnings are favourable.
What makes match deposit bonuses great is the fact that they are beneficial to all players. If you like slot games, you can benefit from it. Similarly, if you like card and table games you can still benefit from it.
Unlike free spins promotions, you can use this type of bonus on all types of games.
What to watch out when claiming a match deposit bonus at casinos
When it comes to match deposit bonuses, the key to evaluating the value lies within the terms and conditions.
There, you will be able to learn about the wagering requirements, caps on winnings and game contributions. These are important factors to keep in mind.
Wagering requirements state the number of times you would have to wager your deposit and bonus before any winnings are released for withdrawal. The higher the wagering requirement, the less likely you will be able to cash out.
Keep an eye for the wagering requirement and give it more importance than the bonus itself. Another important factor to consider is the game contributions. This is important, especially if you prefer one type of game over another.
While slot games contribute 100% towards playthroughs, live dealer and card and table games only contribute 10%. If you are big on this kind of games, you might want to forego the match deposit bonus, and perhaps stick to your own funds.
Imagine you meet the playthroughs and you have garnered yourself a few big wins, only to discover there is a low cap on winnings, what would you do? If a match deposit bonus has a low cap on winnings, you might want to soldier on and look elsewhere.
Don’t waste your time if you think you are highly unlikely to meet the terms.