On this page3 sections
The name comes from the fact that most online casinos will give you a bonus based on how much you deposit into your casino account, so it is a bonus 'matched' to your deposit. For example, if you deposit $10 into an account and the match bonus is 100%, the casino will 100% match your $10 with another $10, so you will have $20 to play with. If the casino is offering a 25% match bonus and you deposit $100 into your casino account, they will match your bonus with another 25% of what you deposited so you will start playing with $125 instead of just the $100 you deposited.
There are many different variations on this and we will help you to understand each type and how you can make the most out of your play.
The Types of Online Casino Match Bonuses
There is the standard match bonus, but beyond that, there is a diversity of subgenres within it that reward players for high deposits, high winnings or a variety of other things. Below is a list of the more common bonuses and what you can do to get them!
New Player Match Bonus
The Welcome or New Member Bonus is often the most significant bonus because this is how the casino attracts you to sign up. Be sure to look at the other bonuses they offer, however, to ensure the best gains.
Reload Match Bonus
These are designed to keep players loyal and are awarded to those that make regular deposits. Depending on the casino they can function similar to match bonuses or as a monthly reward to longtime players.
Win Win aka: Cashback on Losses
These are helpful if you hit a little bad luck. Some casinos have been known to offer a cashback percentage on your losses. During the promotion period, if your losses are greater than your overall wins (not necessarily what you cash out), your casino account will be credited with a set percentage cash back on what you lost. Hence the name - Win Win!
Loyalty Match Bonus
These are similar to reload bonuses, but occur through loyalty programs at the casino. As you earn points and progress through the levels, you will accrue these. After you deposit a certain amount of money these will become more lucrative than just standard reload bonuses.
High Roller Match Bonus
Typically casinos will only match up to a certain amount of money (Usually $100). However, many will offer a percentage on any high deposit over a certain value. For example if you deposit $1000 then they may give you a 15% match deposit ($150).
Refer-A-Friend Match Bonus
Just like most services, if you refer a friend you will receive a special bonus. This often comes in the form of a match bonus, where after your friend has signed up, either you get a percentage match of their first deposit as a bonus, or you get a percentage match of your next deposit as a reward. The added incentive is that after referring your friend, you can also play games online with your friends as well.
What to Look Out For When Accepting An Online Casino Bonus
This is just the beginning. There are so many bonuses out there for those who are ready to play. The best thing you can do is shop around for the sites that offer the best ones. Be aware, however, that some casinos do have a wagering minimum before you can draw your winnings.
For example, if they have 3x minimum, you need to spend at least three times that before you can take your earnings (i.e. $50 bonus then you need to spend $150). Look for casinos with lower wagering minimum so you can take your winnings elsewhere if you do not like that particular casino.
Spend a little time and do some research before you settle down to a particular site. This is one of the advantages of the Free Trial No Deposit bonus as it gives you a great opportunity to preview a website before you commit any of your own cash to it.
The Player’s Strategy
It’s important to remember that bonuses are just that. Think of them like the cherry on top of an ice cream sundae. Never rely on them as a consistent source of your winnings. Rather just consider them a little something sweet on top of a winning pile of goodness.
It should go without saying, but be sure to read through the bonus terms and conditions before you start playing. With the offer of free money and the excitement of play, it can get easy to skip over the little details, but these will determine how flexible your withdrawals will be later on.
For this reason it is important to do your homework and find sites that not only provide excellent bonuses but also have a great selection of games and other benefits. With this knowledge, you are ready to get out there.
