Match Bonuses are usually awarded on your first deposit to a new online casino. The second, third or fourth deposit may also award you a Match Bonus.
Simply put, the casino will match your deposit with another 100%-500%. That is actually an amazing bonus. The more you deposit, the higher bonus you will get. Make it count.
Example: Imagine that a casino offers you a 100% Match Bonus. You then decide to deposit 50$ of your own money. The total amount on your casino account would then be 100$ (50+50). Not a bad start.
There is usually an upper limit to the generosity of the casino. We at Casino Bonus Badger list this as Max Bonus. Use our filters to find and compare the casinos with the highest Match Bonus, and the largest Maximum Bonus.
The main reason the casinos will give you any bonus at all, is because of the huge competition. The casinos will do anything in their power (well up to a limit), to make you chose their particular casino. You can use this to your advantage by harvesting these bonuses one by one.
The welcome match bonuses have usually a Wagering Requirement attached to them. For example a WR of 35x the bonus amount is fairly standard. This means that you need to wager the bonus 35 times before the bonus, or any winnings generated from the bonus money, will be yours. Nonetheless there is high value in the bonus and it is possible to earn a healthy amount of money from them.
You need to be aware that you cannot make a withdrawal from your account while the bonus is active. You can of course withdraw your money at any time, but by doing so the bonus and any winnings attached to it may be voided.
There is usually a time limit for you in order to complete the wagering requirement. It is not uncommon for the casino to let you use the bonus for about 7-30 days. So if you plan on winning big, do this early and leave you enough time to complete the wagering requirement.
This is the most common type of bonus, and is also the easiest to understand. Once you complete the wagering requirement, the bonus money itself is yours. Sweet.
You accept a 100% Match Bonus from your favorite casino. You deposit 100$, which makes your account balance 200$. After the wagering requirement is met, you have say 142$ remaining. This is now yours to withdraw at any time.
A Phantom Bonus, sometimes called a sticky bonus, is a bonus that you can play casino games with, but can’t withdraw. In a way it could be considered a generous loan from the casino. You can play using their money and keep any winnings generated from it. They however disappear when you make a withdrawal from your account (hence phantom). Once the wagering requirement is met, you first need to subtract the bonus amount from your account if possible. If you don’t have anything left of the bonus thats fine. The casino is happy to keep your deposit and will not require you to pay back your debt.
Let’s continue with the example above. You accept a 100% Match Bonus from a casino. You deposit 100$, which makes your account balance 200$. After the wagering requirement is met, you have say 142$ remaining. The casino then takes back the bonus of 100$, leaving you with 42$ to withdraw.