Match deposit bonuses are most commonly used by online casinos to attract new players. As the name indicates, a casino will match what a first-time depositor puts down – effectively doubling the amount the player has available to wager on games.
To take advantage of the bonus, players simply have to make the minimum deposit required. A casino will then match that deposit, usually by 100%, up to a certain maximum amount. If for example, a casino is offering a 100% match bonus, up to $100, and the minimum deposit required is $10, then players can expect to get the following based on how much they choose to put down:
Some casinos choose to spread this bonus over the first few deposits, depreciating in percentage, i.e. 100% on the first deposit up to a certain value, 50% on the second deposit up to a certain value, and so on. It’s a clever way to keep the player flush and engaged for a longer period.
Another variation of the match deposit bonus is where the casino also includes Free Spins. They work exactly the same, with specific terms attached as to how and where the free spins can be used.
Online casinos generally advertise their bonuses on their website or via monthly newsletters. Players can use their understanding of how the bonus works to shop around for the best deal.