Deposit Match Bonuses
Deposit match bonuses consist of any bonus where the casino rewards customers for depositing a certain amount of money. Welcome bonuses and first deposit bonuses are often types of deposit match bonuses.
Check out the exclusive deposit match bonus offers at Online Casino Gems! We've got some of today's best deposit match bonuses, so you can start building up your winnings today. New to online casinos? We’ll show you how to select the most lucrative offers from reputable online casinos — and how to claim them for real money.
Everything you need to know about Deposit Match Bonuses
What is a Deposit Match Bonus?
The Deposit Match Bonus is a free credit offer provided by casinos to customers when they deposit a certain amount of money. This bonus typically has a minimum deposit requirement, a maximum limit, and the casino matches your deposit at a preset percentage, typically ranging from 50% to 300%.
For online casinos, match deposit bonuses are a great way to appreciate players for depositing funds to play with, as well as to entice them into making larger deposits. For players, this is one of the most lucrative types of casino bonuses, allowing them to quickly build out their bankrolls and improve their overall gambling experience.
Like most casino offers, however, this bonus type comes with a set of Terms and Conditions (T&C’s) that you need to be familiar with. After all, they will affect your ability to claim, cash out, and make the most out of these free casino credits.
Let’s take a look at an example: Café Casino provides new players with a 100% first deposit match bonus up to $1,000 with a 35x wagering requirement.
If you choose to make a first deposit of $75, Café Casino will match it dollar for dollar (i.e. 100%), which means you’ll get a bonus of $75, bringing your bankroll to a total of $150. But there’s a catch: you are required to bet the $150 a whopping 35 times before you cash out or make a withdrawal of your winnings.
Despite their somewhat restrictive terms and conditions, deposit match bonuses are still some of the most attractive perks or bonuses offered by casinos. Often, they have more meat on the bone than other casino bonus types, particularly no deposit bonuses.
Don’t be surprised to learn that some online casinos award players deposit match bonuses of up to a staggering $5,000 or even higher.
Because it’s tied to how you fund your account, a deposit match bonus normally mirrors your deposit amount. The more money you put into your account, the larger your bonus, and the bigger your bankroll. This is why they are highly sought after by bank-roller players who want to get the most bang for their buck.
Different Types of Deposit Match Bonuses for Casinos
Match deposit bonuses come in many shapes and sizes, and it all boils down to the purpose of the offer. Some casinos offer a match bonus to encourage sign-ups, in which case the free credits are typically part of a much bigger welcome package.
As mentioned, deposit match bonuses come in several different forms that include:
(a) Welcome Bonuses
A welcome bonus is a casino offer awarded to new customers for opening an account and making a deposit. This is sometimes called a compound bonus.
It usually comes as a package of various bonuses that may include a no-deposit bonus, first deposit bonus, second deposit bonus, third deposit bonus, free credits, free spins, and more.
Traditionally, a welcome bonus is expressed as the maximum possible amount you can claim. If a casino offers a $6,000 welcome bonus, for instance, that doesn’t mean that you will get the whole sum instantly.
It may be split into a small no-deposit bonus of around $30, match deposit of up to $500, and the rest comes in the form of a cash bonus and free credits.
Other types of welcome bonuses include staggered cash match bonuses and free play bonuses. You may also get a welcome bonus for making an initial deposit using a casino-favored payment method like Paysafecard, Bitcoin, Neteller or Skrill.
Welcome bonuses are some of the most desirable match deposit bonuses because they are typically huge. As such, claiming this bonus type is a great way to start out your bankroll and familiarize yourself with a new online casino. Some welcome bonuses may double, triple, or even quadruple your initial bankroll.
A run-of-the-mill welcome bonus comes in the following form: $30 no-deposit bonus (50x wagering) and 100% first deposit bonus up to $300 with 35x play-through plus 100 free spins on slots.
It may seem complex, but it’s not. It simply means that you will get a $30 bonus credit upon signing up, but you don’t have to make a deposit to redeem it. Additionally, the casino will match your first deposit up to an amount of $300.
Nearly every welcome bonus comes with a wagering requirement, cash out limit, and other withdrawal restrictions. These terms and conditions have to be met before you are able to withdraw your payouts.
More important to note, not every casino game contributes to the playthrough. In the example above, you have to play through the bonus amount 35 times. However, only the bonus you spend on slots will count towards the wagering.
For more information, check out our Welcome Bonus page.
(b) First Deposit Bonus
One specific trait of deposit match bonuses is that they specify the applicable deposit. In a first deposit bonus, it’s exactly what it sounds like – a match casino bonus that is only applicable to your initial deposit.
First Deposit Bonus is, without any question, the most popular kind of welcome bonuses you’ll be awarded at an online casino. Once you register and make a first deposit, your new account will be credited with a bonus amount equivalent to a preset percentage of your deposit. It’s usually accompanied by free spins.
A typical first deposit bonus may look something like this: 200% first deposit bonus up to $400 plus 150 free spins on NetEnt slots – minimum deposit $20 and 50x wagering.
This should be pretty straightforward. The casino will match your first deposit of at least $20 at the rate of 200% up to a maximum of $400. If your first deposit is $200, you will get double the bonus, $400, to bring your total bankroll to $600.
On top of that, you will be given 150 free spins playable on only slot games provided by NetEnt. Of course, you have to play through $30,000 (that is, 50 x $600) before you are eligible for a withdrawal.
A first deposit bonus may also have a cash-out or withdrawal limit. This tells you much of your winnings are actually cashable once you have met the wagering requirement. This is usually expressed as a multiple of the bonus. For example, a 5x cash-out limit means you can’t withdraw more than five times the bonus amount.
Other terms and conditions that may be attached to your first deposit bonus include game distribution, restriction by country, and validity. First deposit bonuses usually have time-limits too. Most first deposit bonuses are valid for roughly a month (or 30 days) from the day you claim it.
For more information, check out our First Deposit Bonus page.
(c) No Deposit Bonuses
What’s more appealing than receiving a free casino bonus without having to deposit real money? Yes, no-deposit bonuses allow you to try out a new gambling site without having to risk any of your hard-earned money. This way, you can gauge whether it’s worth making a deposit.
Here’s the gist: no-deposit bonuses are not a match deposit bonus per se. However, they are usually part of a welcome promotion offer run by casinos to attract new customers. As the name suggests, a zero deposit is required in order to redeem the offer.
As with any bonus, a variety of no-deposit bonuses entice players of all experiences and styles of play. Casinos have three major types of no-deposit bonuses:
Free play bonus – Better referred to as free chips, free play bonus is a time-sensitive casino offer that gives you a certain number of free chips or tokens. A free play bonus only applies to casino-specified games and is usually large in size.
Most casinos offer between $200 and $500 on most games of chance like slots, keno, and scratch cards. But there’s a small catch: you only have a short span of time to take advantage of the bonus and meet wagering requirements. When the time elapses, unused free chips will be forfeited.
Bonus cash – This is a no-deposit free bonus that’s typically credited to your account and is only applicable to a specific casino game. Though you don’t need to fund your account, you must satisfy a wagering requirement before you can cash out your winnings.
Bonus cash can be cashable or non-cashable. When the free bonus is cashable, you can cash out your entire winnings. If it’s non-cashable, on the other hand, you can only cash out the difference between the winnings and the original bonus received.
Free spins – These are no-deposit credits geared towards slot players. You usually receive between 10 and 50, but sometimes 100 free spins alongside free bonus cash. These free spins may be valid on a single slot game or multiple slots specified by the online casino.
Besides attracting new customers, some casinos award no-deposit bonuses to existing players occasionally to help them feel appreciated. It’s great for customer retention. In some cases, no-deposit bonuses may be integrated into a casino loyalty program.
For more information, check out our No Deposit Bonus page.
(d) Free Spin No Deposit Bonuses
Online casinos also offer new and existing player free spins bonuses. These free play credits can be awarded to the player with a no-deposit condition, hence the moniker “free spins no deposit.”
You can receive free spins as a component of the welcome package. Some casinos also reward existing players with free spins on specific games from time to time to show appreciation for their loyalty.
Casinos also offer this bonus to players to introduce and build buzz for newly launched games. When NetEnt released its slot called Berryblast, for instance, most slot players were given between 10 and 100 free spins on the game.
Often, free spins no deposit bonuses come alongside a no-deposit cash bonus. The two no-deposit offers may or may not have the same play-through requirement, cash-out max, and withdrawal limits.
For example, Captain Jack Casino greets its new customers with 10 free no deposit spins, as well as a $45 no-deposit bonus, both with a 30x wagering requirement. Furthermore, there’s a $100 cash-out limit.
In other words, once you sign up with Captain Jack Casino, you will be given 10 free spins and $45 in bonus credit. The free spins are only valid on slot games, while bonus credit can be used across several casino games. In either bonus, you have to wager the bonus amount 30 times before you cash out up to $100.
Free spins can also be tied to a deposit, meaning you have to make a minimum deposit before you can claim the offer. In this case, the offer is known as a free spins deposit bonus.
Deposit-based free spins are usually spread over the first four deposits. For example, a casino may give you 100 free spins on your first deposit, followed by 50, 75, and 50 extra spins on your three subsequent deposits.
Unless you are playing at a no-wagering casino, these free spins will definitely come with a predetermined play-through requirement, typically 30x-75x. Ideally, you want to claim free spins with the lowest wagering requirement possible.
For more information, check out our Free Spin No Deposit page
(e) High-Roller Bonuses
As you might have inferred from the name, this type of bonus is geared towards customers who make large deposits, players popularly called high rollers.
Befitting the players’ status, high roller bonuses are normally huge, with some casinos offering players up to $10,000 in match deposit bonuses. They equally have a high minimum deposit requirement.
Take Mansion Casino, for instance. The premier online casino showers high roller customers with an impressive 50% match deposit bonus of up to $5,000. That means when you make a minimum deposit of $10,000, you receive the entire $5,000.
Importantly, most high roller bonuses are attached to a VIP loyalty program. As a member of the VIP program, you may also be entitled to a large number of free spins that are tied to the high roller bonus. And some high rollers get up to 1,000 free spins when they make a qualifying deposit.
The comparatively lower wagering requirement is perhaps the most attractive feature of high roller bonuses. In our Mansion Casino example, the wagering requirement is a paltry 15x, which is much lower than the standard 50x play-through for regular deposit match bonuses.
Hunting for a large match deposit bonus? When you claim a high roller bonus, you will take advantage of its three-prong benefit: (i) an enormous bonus amount, (ii) a surprisingly low play-through, and (iii) a reputable casino brand with a high player rating.
Not surprisingly, the biggest hurdle for most players is the minimum deposit, which is usually very high, ranging from $1,000 to $5,000. Remember, this type of bonus is designed especially for the so-called whale players, so no room for small-time fish.
For more information, check out our High-Roller Bonus page
How Do Match Deposit Bonuses Work?
Deposit match bonuses are a way online casinos say “thank you for depositing with us.” As discussed, this casino offer usually comes in the form of a cash bonus that’s presented or calculated as a percentage of your qualifying deposit.
Why are match deposit bonuses highly sought-after? Whether you are a rookie or a seasoned player with lots of tricks up your sleeves, a match deposit bonus is an incredible way to stretch your bankroll further and make the most of your deposits.
As you may have already realized, building a decent bankroll can take lots of patience and time. With a worthy match deposit bonus on hand, you can build your bankroll faster and boost your chances of walking away with large payouts.
A standard match deposit bonus has a minimum deposit condition, a predetermined match percentage, playthrough, cash-out limit, validity, and withdrawal limit. It may also include free spins.
Here’s what a classic deposit match bonus may look like: 150% match bonus up to $250, with $10 minimum deposit, 25x wagering, and $400 max cash-out. Plus 150 free spins on Starburst.
Cashable vs. Non-Cashable Match Deposit Bonuses
The fine print (T&C) is the most crucial aspect of a match deposit bonus. By carefully reading the terms and conditions associated with the bonus, you will find out if it’s a cashable or non-cashable offer.
A cashable deposit match bonus can be withdrawn in its entirety, which means you can cash out the initial bonus amount. In contrast, a non-cashable bonus means that you can cash out only the winnings resulting from playing with the bonus.
This means you can cash in the bonus amount if it is part of a cashable match deposit offer, but you must meet the play-through or rollover requirement first. For non-cashable bonuses, you can’t cash out or withdraw the bonus amount itself but only the generated winnings.
Let’s take a look at an example. If you are awarded a bonus of $100 and end up winning a total of $400, you can cash out the whole amount if the bonus is cashable. If the offer is non-cashable, you will only cash out the difference, which in this case is $300.
How to Claim a Match Deposit Bonus
Claiming a match deposit bonus is not rocket science. First, you need to make sure that you have an account with your target online casino. If you don’t, this will take only a couple of minutes.
There are three ways you can claim the bonus, depending on how the casino has set it up:
Claim it using a bonus code or bonus coupon: A deposit match bonus may come with a special bonus coupon or code tied to it. You need to have this code to redeem the bonus. If you don’t, you cannot claim the bonus.
Here at Online Casino Gems, we have listed on this page all specific codes attached to match deposit bonuses. You can claim your deposit using these bonus codes. You must enter the code accurately on the deposit page. NO CODES LISTED
Use a bonus link: In this case, the match deposit bonus will be credited to your account automatically when you make a qualifying deposit. You may have to follow a special link that replaces the bonus code.
Receive a code: In this third scenario, the match bonus code will be sent to you via email, text message, snail mail or other means of communication. This usually happens at a later date, and you need to use the personalized deposit bonus code within a specified period. This isn’t a “third scenario,” it’s just a variation of “claim it using a bonus code.”
You may be required to contact customer support to help you claim the bonus. This can be done via a phone call, email, live-chat feature, or social media communication.
Important Terms and Conditions for Match Deposit Bonuses
Online casinos are not in the business of giving out freebies, which is why they include the fine print in the Terms and Conditions section of the casino. Reading carefully and understanding the content of this fine print can make a huge difference.
Here are the most common terms and conditions associated with deposit match bonuses:
Wagering Requirement – This is the number of times you have to wager the bonus amount (or the play-through amount that you need to meet) in order to be eligible for a cash-out or withdrawal of the resultant winnings.
If you claim a $100 deposit match bonus with a 20x wagering requirement, the play-through amount in simple math is 20 x $100 = $2,000. That means you have to bet at least $2,000 on valid games before you qualify for a withdrawal on winnings.
Some online casinos are flexible, allowing you to negotiate a lower play-through. This is especially true for high roller bonuses.
Eligible Games – Not all casino games count towards the play-through. In T&C, allowed games are indicated as “eligible game.”
Some games contribute 100% (mostly slots), while others are partially eligible. For example, most table games like blackjack only contribute 10-20% towards the play-through. Ineligible games – most of which are games with even bets – don’t count at all.
Early Cash-outs: When you cash out before you meet the wagering requirement, you will forfeit part or all of the bonus. This condition is usually spelled out in black-and-white in the fine print.
Cash-out Limit: This is the maximum amount of the winnings you can actually cash out or withdraw. It’s based on the lifetime of the bonus. For instance, a $100 cash-out max means that you can cash out up to $100 of the winnings; the rest will become useless?
Minimum Deposit: This is self-explanatory. It’s the minimum amount of money you must deposit to be able to claim the bonus. It’s usually $10 or $20. For a high roller bonus, this can soar up to $3,000 or even higher.
Helpful Tips to Get the Most Out of Match Deposit Bonuses
Sure, a match deposit bonus can take your gambling routine to a whole new and exciting level. But if you take advantage of the following smart bonus tips, you can kick it up a notch:
Tip #1: Always check the bonus maximum amount and match percentage
Most gambling sites match your deposit dollar for dollar, meaning 100%. However, there are player-focused casinos that offer better bonus percentages, pushing up to 200% or even higher. You should focus on these.
The maximum bonus amount you can claim is also crucial. A 150% deposit bonus up to $200 may be inferior to a 100% match bonus up to $300, depending on how much you want to deposit.
Tip #2: Snag no-wagering bonuses immediately
Don’t give it a second thought – no-wagering match deposit bonuses are the Holy Grail in the world of online gambling. If anything, go for low-wagering bonuses because they boost your odds of actually winning.
Tip #3: Avoid advantage play
Online casinos despise “advantage players.” That’s why most of them have set additional rules to weed out bonus abusers.
For instance, some casinos dictate in their Terms and Conditions that you shouldn’t exceed the max stake. If you do go beyond the stipulated maximum stake, you may be mistaken for an advantage player and end up forfeiting the entire bonus.
Tip #4: Remember you can say no to a bonus
Some deposit match bonuses come with terms and conditions that are so restrictive that they aren’t worth it. If this is the case, you are free to decline the bonus offer.
No want will force the bonus down your throat. Always remember that you have the option to reject it.
Tip #5: Choose low variance games
Also called volatility, the variance of a casino game is a measure of risk associated with it. A low volatility slot carries a low risk, meaning you will win more frequently, but these wins are usually small.
For this reason, low variance games are ideal for play-through on your wagering requirement. In other words, choose slots that stretch your bankroll the longest.
Tip #6: Forfeit the bonus when you win big
Because you are playing using both your real money (your deposit) and the bonus, you have the option of forfeiting the bonus. If you strike a massive win, you can take advantage of this and walk away with a decent payout without having to worry about the wagering requirement.
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