button in SafariDeposit Match Bonus
A deposit match bonus is a type of bonus where an online casino gives you bonus funds by matching a percentage of your deposit up to a maximum specified amount.
How Deposit Match Bonuses Work
Deposit match bonuses are simple by design because online casinos want customers to enjoy these bonuses as quickly as possible and start playing their games and slot portfolios. Unlike no-deposit bonuses, deposit match bonuses require you to make a deposit into your account to trigger the bonus. Because bonus funds are awarded in exchange for a deposit, deposit match bonuses are technically not free.
Claiming a deposit match bonus is straightforward. Download the online casino software or app, or visit the casino's website via PokerNews links. Next, create a free account and complete registration. Make a deposit, enter any bonus code, and your deposit will be matched by the advertised amount.
You will need to complete the wagering requirements to release the bonus into your playable account balance, and do so within a predetermined timeframe.
Example of a Deposit Match Bonus
Deposit match bonuses come in various shapes and sizes. An example of a deposit match bonus may be displayed as 100% up to $500. This means your initial deposit will be matched dollar-for-dollar (100%) up to a maximum bonus of $500.
In this example, depositing $100 would award a $100 bonus. A $500 deposit would be required to receive the maximum $500 bonus, while any deposit of more than $500 would result in a $500 bonus landing in your account.
Most deposit match bonuses will come with wagering requirements, meaning you must wager a certain amount on casino games and/or slots to turn the bonus money into withdrawable cash. Wagering requirements vary widely by casino but are commonly 10-30x the bonus amount. Using our example above, claiming the full $500 bonus would mean the wagering requirements would range from $5,000 to $15,000.
Why Do Casinos Offer Deposit Match Bonuses?
One reason online casinos offer deposit match bonuses is to attract new customers; new players are often enticed by the promise of bonus money. There are thousands of online casinos vying for players' business, and the lure of a juicy welcome bonus can help a casino stand out from the crowd.
Some casinos offer deposit match bonuses to existing customers to thank them for their loyalty, celebrate holidays and sporting events, or keep players on the site. As a rule, a happy customer who feels valued and rewarded will remain loyal.
Pros and Cons of Deposit Match Bonuses
Receiving a sizeable deposit match bonus may sound like a win-win situation, but there are both pros and cons to this online casino bonus type.
| Pros | Cons |
|---|---|
| Deposit match bonuses are usually the largest bonuses casinos offer | You must invest your hard-earned money to receive a deposit match bonus |
| They can give your bankroll a significant boost | They can come with maximum wins and caps on bet sizes |
| You can usually use your bonus money before your deposited funds | Almost all deposit match bonuses have wagering requirements and strict expiry dates |
How to Find Deposit Match Casino Bonuses
Finding the latest deposit match casino bonuses is easier than you think, not least because online casinos advertise them to attract new customers to their site. Here are five ways you can discover new and existing deposit match casino bonuses.
- Read the latest casino news for free at PokerNews, where you'll discover the best deposit match bonuses each month.
- Sign up for an online casino's newsletter so you stay up-to-date with the latest bonuses and promotions.
- Regularly check your preferred casino's website and social media channels because deposit match bonuses are often offered there.
- Contact your casino's customer support team and request a deposit match bonus. You are likely to be more successful using this route if you have played at a casino for a long time.
- Ask any friends who play casino games if they know of any deposit match bonuses.
Are Deposit Match Bonuses Legit?
Deposit match bonuses are legit. However, some have strict expiry dates, wagering requirements, and other terms and conditions that must be adhered to. The online casinos you see on PokerNews have been carefully selected, and they always list the terms and conditions of their bonuses, including any restrictions.
Deposit Match Bonus FAQs
How much money can I get from deposit match bonuses?
The amount of money you can get from deposit match bonuses will be clearly displayed on the bonus offer or in the terms and conditions. Some casinos offer a maximum bonus of $100, while others offer $1,000 or more.
Do online casinos widely offer deposit match bonuses?
Deposit match bonuses are the most common and popular bonuses online casinos offer. While they are typically offered to new depositing customers, existing customers are also eligible for deposit match bonuses from some online casinos.
What's the difference between deposit match and no-deposit bonuses?
The main difference between a deposit match bonus and a no-deposit bonus is that the former requires you to make a real-money deposit into your account to receive it. A no-deposit bonus, as the name suggests, does not require you to make a real-money deposit.
Furthermore, deposit match bonuses tend to be much larger than no-deposit bonuses.
Are deposit match bonuses worth it?
Deposit match bonuses are definitely worthwhile if you thoroughly check the bonus terms and conditions. They can significantly boost your bankroll if properly utilized. However, it is important to check the wagering requirements and expiry dates at the very least, so that you can make an informed decision on how large a bonus to claim.
For example, it may be better to claim a smaller bonus if the wagering requirements and bonus expiry date would make it difficult to release the full bonus. It would be better to receive 100% of a $100 bonus than 0% of a $1,000 bonus.
Can I use deposit match bonuses on any game?
Deposit match bonuses often have fewer restrictions on the games and slots you can play with the bonus funds. However, this varies by casino.
Additionally, you may find that certain games count less toward the wagering requirements compared to others. As always, familiarise yourself with your bonus's terms and conditions. For example, it is common for your play on slots to count 100% toward wagering requirements, but blackjack and certain roulette bets to only count from 10-50%.
Can I withdraw winnings from a deposit match bonus?
Most deposit match bonuses allow you to withdraw winnings but those winnings can be capped. It should also be noted that it is common for online casinos to forfeit any unreleased bonus if you make a withdrawal while you have an active deposit match bonus in your account.
Are there any deposit match bonuses for existing casino players?
Deposit match bonuses are more common for new customers, but they are also frequently awarded to existing customers. They can be offered to help promote new games and slots, to help celebrate holidays and sporting events, or as loyalty rewards.
