100% CASINO BONUS
One of the most enticing bonuses offered by online casinos is definitely that of the deposit matches. A deposit match simply means that the online casino will match the exact amount that you have deposited in your online casino account. The amount to be matched by the casino of course is determined by them.
However, based on my years of experience and assessment of the general market out there, the minimum percentage of matching is at 100%. This means that for every dollar that you deposit into your online account, the online casino will be topping up the exact amount as well.
So for a 100% deposit match, if a player were to deposit $500, the casino will be topping up that same amount as well. In a way, it is free money distributed by the online casino making the deposit match bonus as being viewed as one of the most generous offers that Non UK online casinos can make.
Of course, there is no such thing as free money in this world! Such deposit matches are usually only offered to a player’s very first deposit. Also, while you will see a doubling of your account based on a 100% deposit match, there are certain terms and conditions that one has to fulfil before you are allowed to withdraw the amount in your account.
TOP DEPOSIT MATCH CASINOS
525% UP TO £2000
UP TO 500%
UP TO 325 FREE SPINS
250% UP TO £1500
150% UP TO £1500
100% UP TO £1000
100% CASINO BONUSES IN GENERAL
Deposit matches are only one of the many bonuses offered by online casinos. Of course, it is one of the most generous one and hence has been attracting the attention of many players. However, that is the intention of such casino bonuses – to garner the attention of the players. Online casinos at the core of it is a business entity and its goal is to therefore make money.
In order to attract players to be part of them or to stay with them, one of their ways is to roll out such casinos bonuses in favour of players. However, online casinos not part of Gamstop cannot continuously distribute such bonuses at the expense of their profits. Hence, one should always be wary when you receive any form of information about online casinos distributing seemingly free money.
There are bound to be certain terms and conditions that one has to fulfil and to fully commit to a casino without checking these conditions would be courting trouble.
WHAT IS A 100% DEPOSIT MATCH BONUS?
As I have mentioned briefly in the introduction a 100% deposit match bonus simply means that for every dollar that you deposit into your online account, the online casino will deposit an equivalent amount into your online casino account. In essence, similarly to the leveraging concept, you get twice the betting power as compared to your initial capital.
So now that you have received this additional fund in your account, can you happily withdraw it and register with another online casino? The short answer is no. If online casinos were to allow this to happen, no one would bother playing the games. Rather, players will simply keep registering, withdraw these additional funds, and repeat the same process on other online casinos.
This way, players will be reaping off these online casinos.
What I am trying to say here is that there are multiple terms and conditions that one has to fulfil if he or she wishes to withdraw money out of their online account upon receiving the deposit match bonus. One of the most common conditions that players have to fulfil is the wagering requirements.
Wagering requirements simply means that players have to play a certain number of games based on a minimum amount per bet before they are allowed to withdraw whatever is left in that account. As we all know, the odds of casinos are always in favour of the casino. Thus, the idea of this wagering requirement is such that even with twice the betting power, you may end up losing the additional funds including your initial capital.
This way, the casino earns. Of course, the contrary is true as well, where you win more than what was given to you as bonus, and you get to withdraw everything out!
WHY CHOOSE A 100 BONUS IN A CASINO?
If you were to browse across the various USA online casinos today, you will realise that there are many different percentages that are being offered. Minimally, online casinos will offer a 100% deposit bonus, while there are some that offers all the way up to 800% deposit bonus.
The natural inclination of players when it comes to free money would be to go for the higher numbers and therefore the 800% deposit bonus. However, when it comes to deposit bonuses, a higher percentage does not necessarily translate to a higher return! This is where it can get slightly complicated.
As a business entity, the main aim of the casino is to win the players. Therefore, by the principle, it does not make sense for online casinos to simply give out free money, and furthermore 8x your initial deposit.
With a higher percentage deposit bonus, there are usually also much more terms and conditions that one has to fulfil, and by extension less likely for you to fulfil it. On the contrary, with lesser conditions, it will be easier for you to fulfil these terms and the quicker and easier for you to withdraw the money in your online account.
Having a high amount reflected in your bank account does not necessarily mean that you are able to withdraw this corresponding amount. Without being able to withdraw your money, it will not matter regardless of how much is in there. Therefore, the goal is to strike a balance between the amounts of bonus that you will receive against the requirements that you have to fulfil, and based on this, a 100% bonus would be a good balance.
DO MANY CASINOS OFFER A 100% BONUS?
There are many online casinos out there offering a 100% deposit bonus because that is sort of like the market rate out there. Online casinos also know that players would not fancy having too many terms and conditions attached to withdrawing these bonuses. Therefore, based on their respective cost-benefit analysis, online casino operators have found 100% deposit match a reasonable figure that takes into consideration both the interest of players as well as the online casino operators.
Therefore, as a player who is excited about getting such bonuses and is looking to expand my profits quickly, I do pay a lot of attention on the bonus that I am getting. However, I also understand the concerns of online casinos. 100% bonus is a reasonable number and I tend to look out for that as a criteria when hunting for an online casino to play on.
WHAT ARE THE PROS AND CONS OF A 100% BONUS?
For every type of bonus, there is of course its respective pros and cons. It is my intention of this article to debunk the myth that one should always go for the online casino that offers a higher percentage bonus.
I think the best way to do so would be to showcase the pros and cons of the lower percentage ones so that players will be able to make a better decision when selecting a particular online casino. I have mentioned some of the pros above, but let me summarise them subsequently.
PROS OF A 100% BONUS
In the next two sections, let me summarise the various pros and cons that I have listed in this entire article. This will allow players to deliberate on whether such bonuses are something that they should be looking at as a requirement when selecting an online casino.
– Substantial amount of bonus distributed to players.
– Achievable terms and conditions and therefore more likely to withdraw the bonus.
– Gives players sufficient safety margin, allowing them to play the various games without eating into players’ original available funds.
Now that I am done listing down the various positive attributes of a 100% match bonus, I will be listing down the downsides to it as well, so that players can make an informed choice.
CONS OF A 100% BONUS
There are of course downsides to everything. After all, nothing comes for free. In this section, I will be listing down the cons that are not limited only to that of a 100% match-up bonus but rather to such forms of bonuses in general.
– Lower amount of bonuses given to players as compared to online casinos that are offering larger percentages of match-up bonuses.
– Terms and conditions differ for each casino. For some, the terms and conditions may be tricky to resolve even for a 100% deposit bonus. Therefore, the key is to always check what they are first.
– Players are locked into the particular online casino upon receiving the online bonus unless they are willing to forgo their account.
– Risk to reward ratio is not ideal for players should the wagering requirements be extremely high
100% DEPOSIT MATCH UK CASINO BONUS CONCLUSION
All in all, deposit match bonuses can be a strong lever for players to boost their winnings if utilised properly. Otherwise, you may just end up getting locked in to an online casino that may not even be of interest to you. Ultimately, the key to selecting an online casino should be premised on its games rather than mere bonuses. However, should you really want to go for the bonus, then do pay attention to the terms and conditions embedded in these bonuses.
100% CASINO BONUS FAQ:
1) Is it possible to collect a 100% bonus at all casinos?
The direct answer is no. Casinos have the prerogative in deciding how much bonus they want to offer to players. Usually, this figure is stated out front on the casino’s website. However, if it is not stated explicitly, feel free to contact the online casino for more details.
More importantly, check out the terms and conditions to fulfil to receive this bonus, so that you will not be blindsided when the time comes to withdraw your money.
2) What wagering requirements do 100% deposit bonuses have?
There is no fixed wagering requirements pegged to the different tiers of deposit bonuses. Once again, this is up to the casino to decide. Of course, there are market rates out there of which should a casino choose to deviate, it will only be losing its customer base to the other online casinos. The usual norm in the market today is to bet 20x with a minimum bet of 10 dollars for each bet.
3) Does a 100% welcome bonus offer free spins?
The online casino can choose to give its welcome bonus in the form of free spins. Of course, with free spins, it also means that players are limited to using these bonuses on slots. This would have no impact on slot fans.
However for those who are looking to capitalise on the bonus on table games, they will definitely be upset to receive free spins instead. Therefore, do check with the online casino that you have selected what is the modality of their welcome bonuses before committing to it.
4) Is a bonus code necessary?
Usually, the welcome bonuses are put into your account the moment the system identifies you as a new user and have made the first deposit. There is no need for a code unless the online casino states otherwise. If so, then just abide to the terms of the online casino. The process should not be a difficult one even with the need to key in the bonus code.
5) Can I claim the bonus on mobile?
Aforementioned in the previous paragraph, such bonuses are usually automatically transferred into one’s account. Therefore, as long as the online casino operator allows players to register accounts using their mobile phone, there should not be any reason that the bonus cannot be claimed via one’s mobile devices. Unless the online casino explicitly states so, otherwise it should be fine. Of course, if you are unsure, just reach out to the customer service support of the online casino.