A Match Bonus is a type of online casino bonus that offers players a percentage match of their deposit when they sign up for an account and make a deposit. For example, if a casino offers a 100% match bonus up to $100 and a player deposits $100, they will receive an additional $100 in bonus funds to play with.
To claim a Match Bonus, players need to first sign up for an account with the online casino and make a qualifying deposit. Once the deposit is made, the bonus will be automatically added to the player's account or they may need to enter a bonus code provided by the casino.
Wagering requirements refer to the number of times a player must bet the bonus amount before they can withdraw any winnings. Match Bonuses usually have wagering requirements ranging from 10x to 40x the bonus amount.
Some online casinos may restrict the games that can be played with a Match Bonus. Generally, table games like Blackjack and Roulette have lower contribution rates towards meeting the wagering requirements compared to slots. It is important to check the terms and conditions of the bonus before playing.
Match Bonus funds are usually subject to wagering requirements and cannot be withdrawn immediately after they have been awarded. However, if a player meets the wagering requirements, they can withdraw the bonus funds along with any winnings generated from them.
Online casinos may set a time limit for players to use a Match Bonus and meet the wagering requirements. This can range from a few days to several weeks, so it is important to check the terms and conditions to avoid losing the bonus.
Many online casinos offer multiple Match Bonuses to new and existing players. However, usually only one bonus can be active at a time and players will need to fulfill the wagering requirements of one bonus before being able to claim another.
Online casinos often set a maximum amount that can be received through a Match Bonus. This means that even if a player makes a large deposit, they will only receive a certain percentage match up to a specified amount, as stated in the terms and conditions.
While Match Bonuses are popular as a welcome offer for new players, many online casinos also offer them as regular promotions for existing players. These can be in the form of reload bonuses or special bonus codes sent to players via email or SMS.