Online casinos offer signup match bonuses for two main reasons:
- Attract new customers and increase their player base
- Allow new customers to play online casino games with bonus money and win real money prizes
Are you looking for the biggest and the best sign up match bonuses in the industry? Does the fine print related to bonus offers confuse you? You have nothing to worry about as our team of experts will break it all down for you and help you to understand all of these terms and conditions.
Let's take a closer look at casino match bonuses, by exploring the following:
Online casinos welcome new players with several types of sign up bonus offers, but match bonuses are the most popular of them all.
Match bonuses are a percentage of players' deposit amounts given away as a bonus.
You need to make a qualifying deposit to claim a match bonus.
Sign up match bonuses are also known as first deposit bonuses. As their name suggests, they are given away on players' first deposit amounts. Some online casinos give away match bonuses that far exceed players' first deposit amounts. This means that your bonus is greater than your qualifying deposit.
Sign up match bonuses may sound great, but come with terms & conditions that online casinos display in their fine print. Most players love the look of the bonus so much that they ignore the fine print. But this is the worst mistake players can make.
So read the terms and conditions before claiming a bonus. If you don't understand something, contact the online casino's customer care to get the required clarification. Reading the terms & conditions helps you to understand the bonus offer better and prevent disappointment in the future.
As we already explained, a match bonus is a percentage of players' deposit amount given away as a bonus. Let us assume that you sign up at an online casino that welcomes new players with a first deposit match bonus of 100% up to $100.
If you deposit $10, you will get 100% of it as a bonus. This means that the online casino will give you a bonus of $10, making a total of $20 in your gaming account.
Similarly, if you deposit $100, you will receive a bonus of $100, making a total of $200 in your gaming account. You cannot claim more than $100 in this bonus offer.
A sign up bonus is a bonus given away to newly registered players. Online casinos offer several types of signup bonuses. These offers serve to attract new customers and expand their player base. They also give new players a chance to start playing without risking their own money.
The following are the different types of signup bonuses:
These are small gifts of bonus cash or free spins that online casinos give away to new players. These offers do not require a qualifying deposit.
As previously defined, these are bonuses given away as percentages of players' deposit amounts.
You will find the following varieties of signup match bonuses at online casinos:
While claiming a match bonus, you must remember that online casinos cap the amount you can receive as a bonus. For example, an online casino may offer a 200% bonus of up to $1500. This means that you cannot claim more than $1500 as your bonus.
Before you attempt to claim a sign-up match bonus, you need to understand the terms "bonus code." You won't find bonus codes at all online casinos, but many of them have bonus codes.
Bonus codes are alphanumeric codes associated with bonus offers. A good example of a bonus code would be "WELCOME100." If a bonus offer has a bonus code, you have to use it while claiming a bonus. A bonus code helps the online casino know which bonus offer you are trying to claim.
So if you are ready to claim a bonus offer, here are some guidelines for you:
In addition to the different types of signup match bonuses we already mentioned, online casinos offer several types of deposit bonuses to retain their existing players.
These can be broadly classified as follows:
You don't have to worry about this as we do all the hard work for you. Since we have been playing at online casinos for years, we know how to identify the best ones. We not only warn you against rogue casinos, but also guide you the best online casinos in the industry.
We not only research online casinos, but also bonus offers. We know how confusing bonus terms & conditions are for new players, which is why we have simplified them for you.
We have made your work easy. Read our honest and comprehensive reviews of online casinos. Browse our list of top signup match bonuses. Compare several bonus offers before choosing one that suits you best.
Here are some tips to help you find the best signup match bonus:
The terms & conditions of match bonuses vary from casino to casino but there are a few terms that are common to all casinos.
Some bonuses are cashable and some are not. While you can cash out a cashable bonus, non-cashable or "sticky" bonuses can never be cashed out.
Before cashing out your bonus or your bonus winnings or both, you need to satisfy the bonus terms & conditions. If you request payout without satisfying the bonus terms & conditions, the online casino will remove the bonus and bonus winnings from your account.
All games do not contribute equally to meeting the wagering requirements. Games with a lower house edge such as table & card games contribute less and games with a higher house edge such as slots contribute more.
You have to make a minimum deposit to claim a match bonus. Usually, the minimum deposit is in the range of $5 to $30.
You cannot cashout all your bonus winnings, but only up to an amount specified by the online casino. If the max cashout is $200, you cannot cashout more than $200 even if your bonus winnings exceed $200.
You cannot bet more than a certain amount using your bonus funds. Usually, the max bet is $5 or $10.
You can use your bonus only on a game or games specified by the online casino.
You have to satisfy the wagering requirement before cashing out your winnings. The wagering requirement refers to a multiplier value, which indicates the number of times a bonus or bonus plus deposit has to be played through before you can cash out your bonus or bonus winnings or both. Online casinos also set deadlines within which you should meet the wagering requirement.
For example, if a bonus has a wagering requirement of 10x, you must play through your bonus or your bonus plus deposit 10 times before requesting a payout. If you have received a bonus of $100, you have to wager $1000 on the games before the online casino will allow you to cashout your winnings.
Online casinos offer signup match bonuses for two main reasons:
It depends on the bonus terms and conditions. Usually, signup match bonuses are "sticky." This means that you can withdraw only the bonus winnings after satisfying the wagering requirement. You cannot withdraw the bonus itself. Some casinos, however, allow players to withdraw their bonus after meeting the wagering requirement.
Mobile players qualify for signup match bonuses just as desktop players do. Visit the mobile version of the online casino on your smartphone or tablet. Log in to an existing device or create a new one. Deposit real money into your account and claim your signup match bonus.
Some online casinos offer exclusive signup match bonuses for their mobile players. To claim these exclusive bonuses, you must register on a mobile device.
Bonus codes are alphanumeric codes that help online casinos to identify bonus offers. Some online casinos offer many bonuses and use bonus codes for purposes of identification. To claim a bonus, you must enter the bonus code in the casino cashier while making your qualifying deposit.
Some online casinos offer exclusive bonus offers for players signing up through an approved affiliate. The bonus codes let the online casino know exactly which affiliate has directed the player to their website. To claim these exclusive offers, you have to enter the bonus code either while signing up or while making a qualifying deposit.
If you attempt to do so, the online casino will hold you guilty of bonus abuse. Online casinos have zero tolerance for bonus abuse and will confiscate whatever is left of your bonus as well as your bonus winnings.
You become guilty of bonus abuse when you violate the terms and conditions of a bonus offer. You can avoid bonus abuse by thoroughly reading and understanding the bonus terms & conditions.
Usually, account verification is not necessary to claim a bonus but it all depends on an online casino's policies. Some online casinos verify player accounts as soon as they sign up and make their first deposit.
Even if an online casino doesn't insist on verification at the time of making the first deposit, verification is essential at the time of first withdrawal. Online casinos request players to submit copies of their identification documents for purposes of verification when they request payout for the first time and block accounts that they cannot verify.
Sign up at Crypto Loko Casino and make a minimum deposit of €20 to claim a six-tiered deposit match bonus of 505% up to €2,000 plus 55 free spins. The 30x playthrough requirements apply to the bonus plus the deposit amount, and the max withdrawal limit is €2,000.
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At the time of writing, Velvet Spin Casino offers a first deposit match bonus of 150% up to A$2,000 plus 40 free spins on Egyptian Gold. Sign up and redeem the bonus code SPINVEL150 to claim the bonus. The bonus has no cashout restrictions, but a wagering requirement of 50x applies.
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