What is a Matching Deposit Bonus at Online Casinos?

The most common online casino bonus in the world that you will likely come across is referred to as the match bonus or matching deposit bonus.

In essence, it’s a promotional offer whereby the operator of a casino matches your deposit up to a certain amount, so you end up with free money on top of your deposit. Find out more about the matching deposit bonus and how it works right here.

What Is The Online Casino Matching Deposit Bonus?

Some online casinos offer new players a matching deposit bonus as part of the initial sign-up bonus. It’s designed to entice a player to register a new account and start playing regularly at the casino.

More often than not, you will find the 100% matching deposit bonus offer, but you can also find 50%, 150%, and 200% match bonuses. Each casino is different.

To claim your bonus, you generally need to either opt in for it or accept it when it’s offered. If you don’t accept your match bonus but then change your mind later on, unfortunately, it will have already expired. In other words, make the right decision when it’s initially offered to avoid disappointment.

With the 150% match bonus, you are more than doubling up on your deposit. The 32Red promo for all new players is a generous 150% matching deposit bonus worth up to $/€/£150.

You must be at least 18 years of age to claim this welcome bonus, and it can be claimed when signing up to the casino from any modern smartphone, tablet, laptop, or desktop computer.

Examples Of How Matching Deposit Bonuses Work

If you claim a 100% matching deposit bonus worth $/€/£500 (or equivalent currency value), and the minimum deposit is just $/€/£10.00, it means that when you deposit anywhere from $/€/£10.00 to $/€£500.00, the operator will match your deposit exactly.

In other words, you would receive a whopping $/€/£500 cash bonus if you maximized the bonus offer and deposited the full $/€/£500. You would receive $/€/£100 in free bonus money if you deposited $/€/£100, and just $/€/£10 in free bonus money if you deposited the minimum amount required, and so on.

What Are Wagering Requirements?

Wagering requirements, often referred to as rollover or playthrough requirements, are something players usually cannot avoid when claiming online casino bonuses. In short, wagering requirements are there to protect the casino operators.

When you accept an online casino bonus, the wagering requirements must be completed prior to you being able to withdraw any winnings you have made from your bonus.

Without wagering requirements, most players would probably just withdraw their bonus money and spend it elsewhere, and operators would quickly go out of business.

Wagering requirements stop this from happening. For example, at 32 Red Casino, the welcome bonus money you receive must be wagered at least 50x times before you can withdraw, which is fairly standard.

Therefore, if you deposit just $/€/£25, you would receive $/€/£25 bonus money. You would then need to wager $/€/£1,250 before you could attempt to withdraw any winnings you have made from your 32Red casino welcome bonus.

At some online casinos, wagering requirements can be as high as 60x or 70x times the bonus amount, which would take much longer to complete. Also, don’t forget that you normally only have a certain amount of time to complete your wagering requirements (it could be one week or one month).

32 Red Casino accepts a wide range of trusted online payment options, including certain digital wallets, prepaid cards, and debit cards. As soon as you deposit with any of these methods, the bonus money will instantly be credited to your account.

Final Note

Before you claim a matching deposit bonus at any online casino, it would be a good idea to take a few minutes to carefully read through the terms and conditions. It will tell you how much you need to wager and exactly which games will contribute towards completing them.

For example, when completing your wagering requirements, it’s usually only certain selected slots that will contribute 100% towards completing your wagering requirements per $/€/£1.00 wagered. All of the important information about your bonus can be found in the bonus Ts and Cs.