Match Bonuses: How Do They Work?
A Match Bonus is the most common type of bonus offered by a casino – typically given as a reward for signing up at a particular gaming establishment, but also as part of regular promotional offers to thank players for their continued loyalty and support. So why is it called a Match Bonus? It derives its name from the fact that the casino will match you on the amount that you choose to deposit into your account, dollar for dollar and according to a percentage value and maximum coupon amount. This can turn into a quite a generous exercise as it effectively doubles your starting bankroll.
Let’s look at an example or two, as Match Bonus offers can vary from one casino to the next. Say you are offered a 50% Match Bonus: it would result in you having an extra 50% added to your bankroll once you’ve made a deposit. So if you were to deposit $1000 and the Match Bonus is a 50% match up to $500, your initial bankroll would amount to $1500, as the casino would give you an extra $500 to play with, on the house. The most common Match Bonus, however, is the 100% Match Bonus – if it were up to the value of $200 and you deposited $200, you’d get $200 back for free, however, if you deposited $300, you’d still get $200 back as the cap was set at $200. You can also get 200% Match Bonuses, but anything higher than that we’d treat with caution, as these are not typical.
When taking up your Match Bonus, it’s recommended that you read the terms and conditions the casino has laid out – remember, at most casinos, it’s required that you wager through both deposit and bonus amounts a certain number of times in order to become eligible to cash out your winnings.