Today’s article will be an interesting one as I will be going in-depth into one of the topics that many online casino players have constantly been debating about. Deposit bonuses which are also known as welcome bonuses are basically rewards that online casinos are offering to newly registered players on their sites. Although such rewards are generally catered towards the new players, some online casinos have taken one step further in targeting relatively new players as well.
Basically, depending on the amount of deposit that you have put into your account, the online casino operator will be matching in a 2:1 ratio into your online account. This means that you would have thrice the amount of initial capital that you can play with as compared if you were to rely on your own capital.
In today’s detail, I will be going into detail as to why is 200% the typical percentage offered by online casinos and the things that player should pay attention to when signing up for such bonuses. So if you are keen in wanting to know more, then this article is written for you.
UK CASINO BONUSES IN GENERAL
Casino bonuses are generally offered by online casinos in a bid of retaining existing players or to entice new players to register with their site. Such bonuses can come in different shapes and forms. For example, it could come in the form of a match up bonus as will be discussed in this article. It could also come in the form of free spins, where players basically get to play slots for free. Most casinos also have a VIP program or loyalty program where they reward existing customers who have been with them for a certain period of time with either free credits or free spins. On a lighter note, such bonuses also make it exciting for players especially for casinos that offer a huge bonus for players. Given that there is a wide variations of bonuses being offered by multiple online casinos out there, it can be difficult sieving out the best for retail players.
WHAT IS A 200% DEPOSIT MATCH?
A 200% deposit match simply means that for every dollar that you have deposited into your online casino account, the operator will match it at a 2:1 ratio. Therefore, if you deposit $300 in the account, you will receive an additional $600 from the casino operator, bring the total playable credits in your account to a total of $900. Of course, this amount can vary depending on the percentage deposit match. So, if it is was 100% deposit match, you would only receive $300 from the casino operator, bring the total amount to $600 instead. Such deposit matches are usually a form of welcome bonus meant to entice new players to subscribe with the respective non UK online casino offering this bonus. Therefore, this 200% deposit match will only be applicable to the very first deposit that a fresh player makes with that particular casino.
However, some online casinos may even extend this offer to the 2 nd or 3 rd deposit that the same fresh player makes. Such deposit matches can be pretty advantageous since it essentially increases your initial pool of funds that you can play with. However, does this then means that we should always be going after online casinos that offer a higher percentage deposit match-up bonus? The answer is no. The reason is because as per every bonus that the online casino offers, there are usually certain terms and conditions that one has to fulfil before you are allowed to utilised or withdraw the winnings made from funds sourced from such bonuses.