Online casinos are always looking for new ways to create buzz around their sites and attract more players to play their games. One way that they might do this is by doing a match deposit bonus.
This form of promo involves simply matching the deposit that a player makes with bonus credit. Say you deposit $100; if you're using a match deposit bonus, you'll then get an additional $100 to play with. Since it matches what you put in, the more you spend, the more you get from this kind of bonus.
Of course, this kind of offer is never going to be as simple as getting free money. Terms and conditions are going to apply. Generally, the bonus funds will be subject to a wagering requirement, which will determine when you're allowed to withdraw your bonus funds. You should always read the terms and conditions when you use this kind of promotion, as you might find yourself unable to withdraw your bonus winnings otherwise.
Another type of bonus that's quite popular among gambling providers is the reload bonus. So how exactly does it work?
A reload bonus is basically any kind of award that's given to you once you've already registered your account on a specific casino site. If you receive one when you first register your account, this could be considered a welcome bonus. On the other hand, if you receive an offer after your account has already been registered, you could consider this a reload bonus, as it's for existing players.
The purpose of the reload gift is to convince players to keep on playing at a gambling house. As with any other kind of bonus, this type is never as simple as "free money." Instead, you'll have to fulfill certain requirements if you want to be able to withdraw your cash.
Any of these offers is almost certainly going to be subject to wagering requirements. This means you'll need to bet a certain amount of your own money before any bonus winnings you've attained can be withdrawn.
Check out the terms and conditions and look for something like 10x or 20x. This indicates exactly how much you'll need to bet before your credits are unlocked for withdrawal.
If you want to avoid missing out on your match deposit winnings, you need to make sure you read the terms and conditions carefully. Some casinos won't make this easy, but you'll find a terms and conditions page somewhere on their site.
Not only will you find the wagering requirements number, but you might also find a list of games that are eligible to contribute to the wagering requirements. Some titles only count towards the requirement at a reduced rate and others don't contribute at all, so make sure you read the terms carefully to make the most of your match deposit.