Online gambling establishments are constantly looking to grow their clientele base. In a competitive industry, getting new players whilst retaining existing ones is paramount. As such, casinos craft various kinds of bonuses well-matched for both new and existing players.
Among the most popular casino offers, you'll find match deposit promos at the top of the list - they're very helpful in that you get more for less. Keep reading to find out more.
Sometimes referred to as deposit bonuses, these are perks that require you to make a deposit - the funds are then matched to a certain percentage giving you more cash to spend. These particular deals are very common in online betting houses for two main reasons; offering you a chance to win more and the fact that they are far less susceptible to bonus abuse.
These bonuses work by matching your funds using a match-up percentage, which could range from 50%, 100%, 200%, and 300% to 500%. Some are known to go as high as 1000%; however, these will only be eligible for slot games, keno, scratch cards, and other lottery games. The most common deposit promotions are the 100% match promos.
Consider this example - A player is awarded a 100% match-up promotion with a maximum matching amount of $100. If they credit their account with $100, they will receive an additional $100 adding up to $200. The same goes for 200% as well as all other percentage-based deposit deals.
Gamers receive different types of match deposit promos; new gamers get a signup perk, which is issued separately or coupled up with free spins while existing players are awarded the occasional match-up perk as an incentive to continue wagering at a certain game site. Explained below are the two main categories;
Matched promos, regardless of their classification, will fall under cashable or non-cashable categories. Cashable refers to those that allow you to withdraw your winnings plus the matched bonus amount. Non-cashable, also known as 'sticky' simply tells you that you cannot cash out the bonus amount and it will be deducted from your total winnings. For example, if you received a $200 offer and won $600 all-inclusive, you can only withdraw $400 after completing the wagering requirements.
Sometimes, these particular bonuses can be confusing especially to the beginners. Listed below are important things to keep in mind about match promotion deals.