Have you ever wondered why free slots UK have become a sensation among gamers? Well, one reason for its immense popularity is the bonuses. The rewarding bonus offers from online casinos can add some boost to your bankroll.
One such bonus available to both existing and new customers is the matched deposit bonus.
How match deposit bonus Work?
The match deposit bonus is a monetary boost offered to players after funding their casino account. If a casino offers a 100% match bonus, and you deposit £200, you get an extra £200 taking your bankroll to £400.
However, these types of bonuses are often capped, meaning that your deposit is matched up to a certain figure. Adverts of 100% matched deposit may be up to only £100. If you deposit over £100, your bonus would only be £100.
Types of Match deposit bonus
There are different types of matched deposit bonus in online slots, here are some you will come across:
1. Welcome Bonus
These are offered as arrival bonus to new members as a reward for signing up. Attached to the bonus are free spins to use on specific or an assortment of slot games.
2. Multiple Deposit Bonus
Match deposit bonuses don’t cease easily sometimes. Players may be rewarded even on their third to fourth deposits.
3. Reload Bonus
The reload matched deposit bonus is usually 100% and rewards existing customers. The bonus may be available regularly, motivating players to deposit into their accounts daily or weekly. The cons of this bonus are that its size is significantly smaller than a welcome bonus.
4. Huge Deposit Bonus
This amazing match deposit bonus is available to players that deposit hugely. The common type is the 50% match up to $1000 or more.
How to Activate Match Deposit Bonus
- Sign up with any casino of choice which offers the bonus
- Deposit at least the minimum amount required to qualify for the offer
- Enter promo code. Usually, this bonus automatically reflects on your account, but sometimes a bonus code given after making your deposit must be entered to claim the bonus.
- Claim your bonus.
Terms & Conditions of Match deposit bonus
You need to understand how to maneuver the requirements of these bonuses to make the best scenario out of them.
· Wagering requirement
All matched bonuses have wagering requirements before you can withdraw winnings made on them. These are represented in the number of times the bonus can be wagered ranging between 10 to 50 times depending on the casino.
For instance, a Casino that awarded you a £50 matched deposit bonus may have 6x wagering condition applicable to the bonus. If you deposit £100, earning a £50 bonus, you will have to wager £150 six times, making £900 before you can withdraw your winnings.
· Limited bet
This means that the bonus can only be wagered over a certain price specified by the Casino. This is often around £10, but the minimum stake can go as high as £15.
· Time Limit
There is usually a time frame in which you must complete the wagering requirements on a matched deposit bonus. Depending on the Casino, this will be around 60 days of deposit or less.
· Geographic Restrictions
Equally important is checking for any geographic restrictions before signing up a casino account for a match deposit bonus. Players in certain countries may be barred from claiming the bonus or subject to a higher wagering requirement.
Matched bonuses are incredibly motivating for players as they may multiply the amount of your casino deposit. However, players would benefit more if they look for more information on the terms & conditions of a matched deposit bonus before signing up at a particular Casino.