How Do Casino Match Bonuses Work?
Match bonuses are arguably the most attractive type of casino promotion that seeks to welcome new and regular customers. A type of bonus, this is currently available for real money play, where extra money can be used to pay for the gambling experience. However, to fully enjoy, the inner workings of this bonus need to be understood, all forms that can be anticipated, and the stipulations and rules applied to it. In this article, we will explain what match bonuses are, how they function at online casinos, and the most important things you should know before taking one, and compare match deposit bonuses.
What is a Match Bonus?
A match bonus is a casino promotion in which the casino offers to match a percentage of the amount a player deposits into their account using bonus funds. For instance, if a casino offers a 100% match bonus up to $500, it means that when a player deposits $500, the casino will add this same amount of $500 in the form of bonus money in the player's account. The conditions and requirements of match bonuses such as the matching percentage and the maximum bonus amount can also be quite different across different casinos, and therefore it is crucial that customers compare shop.
How Match Bonuses Work in Online Casinos
Match bonuses are a mainstay at online casinos and usually comprise part of a welcome package for new players. They can also be awarded to existing players via reload bonuses or special offers. Being familiar with the steps in claiming a match bonus can be greatly beneficial to your gaming experience.
Step-by-Step Guide to Using a Match Bonus
- Register and Open an Account: One of the first steps you can take is register at a New Zealand internet casino that offers a match bonus. You will be required to provide some personal information while registering, such as your name, email address, and age.
- Qualifying deposit: A qualifying deposit is a minimum amount that needs to be deposited in your casino account to be able to use the match bonus. For example, if a casino seeks to ensure you make a minimum deposit so that you can qualify for availing of a 100% match bonus, then your deposit will turn the $20 into $40 for you to play with.
- Get the Bonus Money: After your deposit is credited, the casino automatically places the equivalent match bonus into your account. The bonus money often sits in a different account than your real money deposit so that you can observe how much you have to play with.
- Meet the Wagering Requirements: In order to withdraw any winnings that have been made with the bonus money, you need to fulfill the wagering requirements. This usually involves betting a few times the bonus or the bonus and deposit amount.
- Withdraw Your Winnings: Once you have fulfilled the wagering requirements, you can withdraw any remaining bonus money or winnings that have been made from your play.
Types of Match Bonuses in Online Casinos
Match bonuses fall into various categories, based on the discretion of the player. The welcome bonus, reload bonus, and high roller bonus are among the most common bonuses.
Welcome Match Bonuses
The welcome match bonus is usually the largest bonus an internet casino offers. It's designed to attract new players and may include a match on a first deposit or even the first few deposits. These bonuses can significantly boost a player's initial bankroll and are an excellent way to begin their playing experience.
It is common for most casinos to provide free spins as a welcome bonus, providing additional value to new players.
Reload Match Bonuses
Reload bonuses are awarded to regular players and are provided when they make additional deposits after their initial welcome bonus. Reload bonuses are a great way to encourage further play and loyalty since players receive additional money to gamble with.
While these bonuses are not as large in size as welcome bonuses, they offer continual value to regular players.
High Roller Match Bonuses
For those who prefer to make bigger deposits, high roller bonuses offer an attractive incentive. High roller bonuses are meant for people who make much larger than the typical player and often have more favorable terms.
High roller bonuses usually feature reduced wagering requirements than normal offers, as bigger deposits risk less to the casino.
How Wagering Requirements Function
Wagering requirements are a main aspect of internet casino offers, serving as a condition that must be completed before players are able to use their bonus or winnings there.-derived. For example, if a web casino offers a 100% match bonus for as much as $100 with a 30x rollover, here is what it means: You put in $100, and you receive an additional $100 as bonus. But there is a catch that you cannot withdraw this money or winnings from it unless you roll over the bonus money 30 times. This implies that should you deposit $100, you will be required to wager $3,000 ($100 bonus x 30) before you can cash out.