What Every Gambler Should Know about Match Bonuses

In today's day and age of advanced technology, more and more online casinos are springing onto the market every single day. In order to remain competitive, these venues must offer bonuses of varying types to their players. Of these, the most common are match bonuses (otherwise known as deposit bonuses) which reward players with a percentage of their deposits in the form of a bonus. There are more online gambling promotions to learn about and compare to match incentives. No deposit bonuses are the most popular and lucrative because there is no need to spend any of your own money! Where to find them can be challenging unless you can rely on a guide to list them for you. The popularity of these bonuses is overwhelming and almost every online casino offers them.

Casinos prefer match bonuses over other types of promotions because they are not as susceptible to bonus abuse. Bonus abuse means any type of fraud that a player can commit with a bonus, such as early cash outs, doubling or more. When the player is provided with a bonus such as this, he or she must make a deposit before the funds will be deposited into his or her account. For further protection, the casino usually adds wagering requirements, as well.

The wagering requirements associated with match bonuses hover at around 30 times the amount of the bonus. This means that if a player accepts a $100 bonus, he or she must wager $3000 over time in order to withdraw the bonus from his or her account. While this seems like a lot of money, casino regulars can attest that $3000 in wagers is not too hard to accumulate--particularly if the casino gives away plenty of money in the form of promotions.

As an example, let's say that a new player signs on for a 100% match bonus of up to $300. If the player deposits $300, he or she receives $300 in bonus cash for a total deposit of $600. On the other hand, if the player only deposits $100, he or she will receive another $100 for a total of $200. Finally, should the player deposit $500, the casino will only match up to $300 so the total deposit will be $800.

In order to be eligible for any sort of match bonus, the player will need to make a minimum deposit. While the deposit will need to be quite large in order to take advantage of the full amount being offered by the casino, most online venues will match players who deposit as little as $20 to $30, as well. Players should read the terms and conditions of the offer to learn the minimum deposit which is required.

The 100%, 200% and even 300% match bonuses that are offered by casinos as welcome gifts are typically one-time deals. These venues simply cannot afford to give away such large amounts of money to players on a regular basis. However, most venues do have loyalty programs which may provide an additional 20% or so of the deposit as a bonus on certain days and during certain times.

There are several ways in which a player can take advantage of a match bonus. He or she may need to enter a code on the banking screen at the venue, or the bonus may be applied automatically when the player clicks a corresponding link on the website. In any case, it is important to be sure to claim the casino match bonus along with the first deposit or it could be forfeited forever.