Casino Match Deposit Promos

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.

What are Match Deposit Promos?

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.

Categories of Match Bonuses

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;

• Welcome Match Bonus - All top Canadian sites offer a welcome promo - these are exclusively given to new players and are offered just once. These deals give you additional funds upon crediting your account with an initial minimum amount. The match-up percentage varies from one casino to another, thus it's wise to look for one that has the best deals.
• Reload Promotions - This is a common match-up perk after the welcome bonus. It is offered to account holders to keep them coming back.

Cashable and Non-Cashable Deposit Promotions

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.

Things to Remember About Match Deposit Promos

Sometimes, these particular bonuses can be confusing especially to the beginners. Listed below are important things to keep in mind about match promotion deals.

• Most operators require players to wager their deposit amount before crediting the bonus amount.
• Deposited funds are converted into credits and are subject to the same playthrough requirements as the matched bonus cash.
• Betting houses provide two accounts - real money account for your deposits and bonus balance account.
• Mostly, you'll be required to use promos codes to claim your matched bonuses.
• All match deposit promos come with varying terms and conditions. It's always wise to read and understand them before redeeming your offers.