Casino Deposit Match Bonus Explained

Casino Deposit Match Bonus Explained

Published Date · Oct. 18, 2022 · Last Updated · April 16, 2024 ·Read Time · 5 mins

What Is A Casino Deposit Match Bonus?

A deposit match is a casino promotion that pledges to match deposits made by the customer with bonus funds. A casino deposit match can come in several shapes and sizes, but they all offer an incentive for customers to put money into their betting account.

Casino deposit bonuses usually appear as a welcome offer, allowing new customers to explore a new casino with bonus funds. They can also be available to existing customers as reload bonuses.

Another type of deposit bonus is only granted to customers who use a specified channel to make the deposit, known as a deposit method bonus. Finally, sometimes you can encounter a multiple deposit match bonus that offers a scaffolded collection of bonuses.

How Do Casino Deposit Bonuses Work?

All deposit bonuses award you extra rewards for depositing, but what and how that is distributed will vary by the offer type and the promotion specifics.

There are a lot of moving parts that make up casino deposit bonuses. It’s also rare to see two that are the same.

Thankfully, by grouping the types of deposit bonuses and looking at the factors that influence them, you can make sure you’re choosing the best offer available!

Who is Eligible?

Deposit bonuses are eligible for different types of players and customers. First deposit matches are obviously only available for new customers. Whereas a reload casino bonus is only available to customers that are already registered and have made a deposit in the past.

How Do I Claim a Deposit Bonus?

Claiming a deposit bonus is not an identical process at every casino. Some businesses will require a promo code to trigger the bonus, and others might automatically award the bonus funds. Generally, you need to:

  1. Head to the banking/payment section of the casino.
  2. Click deposit.
  3. Select your deposit method, ensuring it is eligible for the bonus.
  4. Enter the information required. This could be your card details, bank codes, or simply your login details for a third-party payment service.
  5. Input the promo code if necessary.
  6. Complete the transaction and start enjoying your bonus funds.

Percentages In Deposit Bonuses

Percentages tell you how much the casino will match your deposit. The higher the percentage, the better it is for the customer.

Example:

£100 into a 100% deposit match = £200 (£100 cash & £100 bonus).
£100 into a 50% deposit match = £150 (£100 cash and £50 bonus).

How Do the Different Deposit Bonuses Work?

Deposit bonuses come in all shapes and sizes and are available for different types of players and customers. Here’s a quick break down for you.

First Deposit Bonus

A first deposit bonus is the most common form of a casino deposit bonus; it is just like any other but applies only to your first deposit.

These types of offers tend to be heavily promoted by the casino and appear as massive banner ads on the casino website. They want to attract your attention and sell themselves as a potential new online casino for you.

Example:

100% First Deposit Bonus up to £300!
Get up to £300 in deposit match bonuses for your first deposit.

Deposit Bonus (Reload Bonus)

A deposit bonus that is not restricted to a customer’s first deposit is sometimes known as a reload casino bonus.

These are offered to existing customers and/or customers who have made a previous deposit. They might be used to encourage a dormant user to become active again or as a reward for high rollers.

Example:

Your Next Deposit Matched 100%
Get your next deposit matched 100% with bonus funds up to £1500.

Multiple Deposit Bonus

Multiple deposit bonuses tend to come as scaffolded welcome offers that offer various bonuses for each subsequent deposit.

The casino will usually offer a 100% match up to a certain amount for the first deposit, but subsequent deposits tend to only get matched by a lower percentage.

Example:

Sign Up Now For Up to £2000 worth of deposit bonuses
1st Deposit matched 150% up to £500
2nd Deposit matched 100% up to £500
3rd Deposit matched 75% up to £150
4th Deposit matched 50% up to £150
5th Deposit matched 100% up to £700

Deposit Match with Free Spins

A duo as iconic as meat and gravy. This is a deposit match that also offers free spins as part of the promotion.

These bonus spins are likely to be restricted to a specific game or games from a certain developer, but sometimes they can be used across the entire slots library. The spins will likely be equivalent to the minimum bet, but you cannot turn your nose up at some free games.

Example:

£100 First Deposit Matched plus 50 Free Spins on Dead or Alive.

What are the Differences Between Welcome Bonus, Cashback Bonus, and No-Deposit Bonus?

Welcome Bonuses, Cashback Bonuses, and No-Deposit Bonuses are completely different beasts.

  • ‘Welcome bonuses’ is a catch-all term for any promotion that is offered to new customers, these could be a deposit match bonus, but they could also be a no deposit bonus, a free spins bonus, or even a free bet bonus.
  • A no-deposit bonus is where players receive either bonus funds or bonus spins – without having to make a deposit.
  • A Cashback bonus is a promotion that offers to return all or part of the money lost on failed bets. The funds are usually returned as a free bet or in the form of bonus funds. It is extremely unlikely that you will receive it back as withdrawable cash.

What Terms and Conditions Should You Look Out For?

All casino promotions come with terms and conditions that must be met to carry out the process correctly and potentially win some coin. There tends to be general terms and conditions along with those specific to each promotion.

Here are some important points to look out for:

  • Wagering requirements: Wagering requirements can seriously devalue your deposit bonus. Make sure you meet all of the requirements before the expiry date.
  • Varying game contribution rates: Usually, some casino game types contribute more towards wagering requirements than others.
  • Supported games: Bonus funds may not be permissible with all games. Be sure that you are aware of where you can use them.
  • Expiry date: Make sure you use your funds and meet their wagering requirements before the offer expires.
  • Minimum odds: When making a bet with bonus funds, the odds must be above a certain threshold. Be sure to meet this and avoid using your own money accidentally.
  • Minimum deposit: There will always be a minimum qualifying amount for a casino deposit match. It is important to meet this; otherwise, you miss out on the offer.

What Casinos Offer the Best Deposit Bonus?

Casino Bonus offers are constantly changing, so we’ve picked out some of the best ones for you:

  • PokerStars
  • BetDukes
  • 21 Casino
  • 21 Privé
  • Casino.com

Final Thoughts

Casino deposit bonuses can be a great offer to take advantage of. Theoretically, they bolster your pockets with bonus funds so you can enjoy playing for longer – without spending more of your cash!

The issues with these offers come with meeting the wager requirements that will chip away at your bonus funds and even see them disappear completely. 

New customers stand to benefit the most from deposit matches, so you should always check out a casino’s welcome offers. The most desirable casino deposit bonuses are usually those that also come with bonus spins.

Author

Chris Singarajah

Content Writer