Both new and existing depositing players at online casinos will frequently be able to take advantage of match bonuses to boost their bankroll. Match bonuses are a type of casino promotion where the casino will match a percentage of the player's deposit, up to a certain amount. These bonuses can range from 50% to 200%, and sometimes even higher for special promotions. Here's our list of the casinos known for their generous match bonuses!
Advantages of Deposit Match Bonuses
One of the main advantages of match bonuses is that they give players more playing power with less risk. For example, if a player deposits $100 and receives a 100% match bonus, they will have a total of $200 to play with. This essentially doubles their chances of winning without having to spend any extra money.
Another benefit of match bonuses is that they allow players to try out new games or casinos without putting too much of their own money on the line. Many online casinos offer match bonuses as part of their welcome package, allowing players to explore the site and its games before committing more of their own funds.
The Types of Online Casino Match Bonuses
The name match bonus comes from the fact that most online casinos will give you a bonus based on how much you deposit into your casino account, so it is a bonus 'matched' to your deposit. For example, if you deposit $10 into an account and the match bonus is 100%, the casino will 100% match your $10 with another $10, so you will have $20 to play with. If the casino is offering a 25% match bonus and you deposit $100 into your casino account, they will match your bonus with another 25% of what you deposited so you will start playing with $125 instead of just the $100 you deposited.
There is the standard match bonus, but beyond that, there is a diversity of subgenres within it that reward players for high deposits, high winnings, or a variety of other things. Below is a list of the more common bonuses and what you can do to get them!
New Player Match Bonus
The Welcome or New Member Bonus is often the most significant bonus because this is how the casino attracts you to sign up. Be sure to look at the other bonuses they offer, however, to ensure the best gains.
Reload Match Bonus
These are designed to keep players loyal and are awarded to those that make regular deposits. Depending on the casino they can function similarly to match bonuses or as a monthly reward to longtime players.
Win Win aka Cashback on Losses
These are helpful if you hit a little bad luck. Some casinos have been known to offer a cashback percentage on your losses. During the promotion period, if your losses are greater than your overall wins (not necessarily what you cash out), your casino account will be credited with a set percentage cash back on what you lost. Hence the name - Win-Win!
Loyalty Match Bonus
These are similar to reload bonuses but occur through loyalty programs at the casino. As you earn points and progress through the levels, you will accrue these. After you deposit a certain amount of money these will become more lucrative than just standard reload bonuses.
High Roller Match Bonus
Typically casinos will only match up to a certain amount of money (Usually $100). However, many will offer a percentage on any high deposit over a certain value. For example, if you deposit $1000 then they may give you a 15% match deposit ($150).
Refer-A-Friend Match Bonus
Just like most services, if you refer a friend you will receive a special bonus. This often comes in the form of a match bonus, where after your friend has signed up, either you get a percentage match of their first deposit as a bonus, or you get a percentage match of your next deposit as a reward. The added incentive is that after referring your friend, you can also play games online with your friends as well.
Match Bonuses Terms & Conditions
It's important for players to understand that match bonuses often come with certain terms and conditions. These can include wagering requirements, which dictate how many times the bonus amount must be wagered before it can be withdrawn. For example, if a player receives a $100 match bonus with a 20x wagering requirement, they would need to place bets totaling $2,000 before being able to withdraw any winnings from the bonus
Additionally, some casinos may have restrictions on which games can be played with the bonus funds. This is why it's crucial for players to carefully read the terms and conditions before claiming a match bonus.
The casinos on our list not only provide excellent bonuses but also have a great selection of games and other benefits. With this knowledge and our bonus reviews to help, you are ready to get out there.
