Deposit Match bonus is one of the popular offers by online casinos to incentivize players.
This type of bonus incentive is for players who want to make their deposit into their casino accounts for betting. For example, if the online casino site is offering a 100% match bonus of up to $300, they will give you an extra $300 if you deposit $300, which means your total bankroll balance will be $600.
When you want to get a deposit match bonus, it is important you know that it might sometimes have a limit, meaning the casino will only give you a bonus based on their offer, so if you choose to deposit more than their offer, they won’t increase the bonus to exceed their promo.
For example, if the deposit match is “up to $300” and you deposit $400, your bonus will be matched up to $300, giving you a total of $700.
Deposit Match bonuses can come in different forms, they can come as a welcome offer to new players or they can be made available to existing customers to keep them playing more games.
The bonuses can also come with free spins, which are usually used for some slot games while some can be multiple deposit bonuses and high roller or VIP bonuses that are meant to attract top players that place high-stake games with huge deposits.
The percentage set by the online gambling sites is what will indicate the profit you’ll get with your match deposits.
If £200 into a 200% deposit match gives you £400 (£200 cash & £200 bonus), while £200 into a 50% deposit match gives you £250 (£200 cash and £50 bonus)
Though these offers can really attractive, as a bettor you need to make sure that you’re aware of the terms and conditions associated with the bonus. You should pay attention to the wagering requirement, which is one thing you must meet before you can withdraw your earnings.
Because the requirements are different across different online gambling sites, some casinos may restrict the use of bonuses on some of their games. That is why you must read and understand the clause attached to the offer.
Also Read – What Are Cash Back Promos?
How To Benefit From Deposit Match Bonuses
If you’re looking to benefit from deposit match bonuses, there are some strategies you can emulate to help you gain maximum benefit.
But first, you need to understand how the system works and the strategies you can exploit to make a profit.
Some of these strategies are:
- Understanding Casino Offers: If you do not understand something, it is literally impossible to excel in it. The first thing you need to do is understand the bonus offers because they are usually different in form and size. In some cases, they might be deposit offers where they give you a no-deposit casino bonus, which is called ‘reload’. Whatever the case is, understand the difference across different casinos. Some reload offers are usually from 10% up to 500%. That is, if you deposited £200 with a 500% bonus, you’ll get £700 to play your game with.
- Understand the bonus Requirements: After understanding the different bonuses offered, you also need to understand what is needed from you as a player. All bonuses have their specific requirements. That means you’ll need to do a rollover or a particular amount of money depending on the casino you’re using or the size of the casino. The wagering requirements are usually from 20x bonus up to 35x deposit + bonus.
- Leverage Casino Offers: Did you know that most of these online casino offers have been planned to make you lose money either short-term or long-term. They hope to make you lose enough money so that in the long run, you’ll pay for the upfront cost of acquiring as one of their customers. This is why your number work has to be top-notch, so you can exploit the offers to your advantage and earn massive profits in the long run.
- Understanding Expected Value (EV): Expected value is used to calculate the profit a player will make in the long run. If the casino bonus gives a positive EV that means you should place the wager because it’ll be profitable in the long term.
- Select the Right Games: Did you know that choosing the right game can increase your chances of winning? Choose a game that you can be certain about. For example, if you’re playing a game like Blackjack where the house edge is small, it will increase your chances of meeting the wagering requirements so you can get your winnings.
- Bankroll and Risk Management: Gambling is fun, but it can also be addictive. You have to be able to manage your stake and risk properly. Avoid anything that’ll make you gamble excessively and lose all your bonus. To avoid this, you should have a good betting strategy to increase your stake and bankroll.
- Capitalize on Offers: You need to understand that if you are taking a lot of offers, it will increase your profit and that will bring you closer to the expected value. Do not sleep on profitable offers, take on as much as you can.
Types Of Sports Betting Deposit Match Offers:
Everyone runs their business in their unique way, and so do bookmakers. You have to understand different bonus structures and how they all work to make a profit. This can be a matched deposit free bet, a straightforward matched deposit bonus, risk-free bets, money back as a free bet, or in-play free bet, among others.
Also Read – Matched Betting vs Spread Betting
Sports Betting Deposit Match Offers
Some of the matched deposit offers can be utilized for different sports. Research to know how you can locate those offers and their terms to take advantage of the opportunity.
Finally, bet responsibly and seek help if you notice any signs of excessive gambling.