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Our expert team identifies, researches, and lists the best casino deposit bonuses for your benefit. You only have to pick a bonus and sign up at the online casino to claim it.

Browse our updated casino deposit bonus list for 2023. Also, read the following article to get valuable information about casino bonuses. We will show you why the biggest online casino bonus is not always the best.

Find the latest and the best casino bonuses for players residing in your country. Note that you have to sign up, fund your account, and undergo an account verification procedure before claiming a casino deposit bonus.

What Is a Casino Match Deposit Bonus?

A casino match deposit bonus is a bonus that online casinos give to registered players who have just made their first deposit.

You get your match deposit bonus when you make the minimum required deposit. The online casino credits a percentage of your deposit amount to your account as a match deposit bonus.

However, you must remember that bonus money belongs to the house. You cannot withdraw it till you satisfy the bonus wagering requirements. In other words, you have to wager the bonus amount a specific number of times before becoming eligible to cash out your winnings.

Casino bonuses come in several varieties, as follows:

Casino Match Bonus Terms and Conditions

Casino bonuses are subject to several terms and conditions, and here are some of them:

  • Wagering Requirements
    The multiplier value indicating the number of times you have to wager the bonus before cashing out
  • Eligible Games
    A list of games on which you can use your bonus
  • Maximum Bet
    The maximum amount you can bet per round or spin while using your bonus
  • Bonus Validity
    The time you get to satisfy the wagering requirements (bonuses expire after this time)
  • Top Tip
    Get familiar with casino bonus T&Cs before claiming the bonus to maximize your bonus profits. The bonus T&Cs are available on the casino website.

How to Choose the Best Online Casino Bonus for You

While choosing an online casino bonus, you must understand that the biggest bonuses are not always the best. Also, you have to consider several factors before deciding whether a bonus is worth claiming.

The following are some helpful tips:

Deposit Amount

Check if the bonus you want to claim gives you maximum value for your money. The best bonuses are the 100% match bonuses, which double your deposit amount up to a certain amount.

Licensed and Reputed Online Casinos

Match bonuses are valid for a specific period of time. This is listed in the terms and conditions as well.

Before signing up at an online casino and claiming its deposit match bonus, you must ensure that it is a reputed online casino with a valid license.

Also, check if the online casino has the following features:

  • Secure and reliable payment methods
  • Hundreds of online casino games from several studios
  • Support for multiple devices
  • Multi-lingual customer support

Bonus Wagering Requirements

Avoid big bonuses with high wagering requirements. Check the list of eligible games to ensure that you can use the bonus on your favourite games. Bonus validity is another factor you must consider because you have to clear the casino bonus before it expires.

Avoid a bonus with wagering requirements that apply to the bonus and qualifying deposit amount. Clearing such a bonus is very difficult.

If you do not like bonuses with wagering requirements, claim zero-wager or no-wager or wager-free bonuses. These are casino bonuses without wagering requirements, although other terms and conditions may apply to these bonuses.

How to Get the Maximum Available Bonus

Here is a simple formula to help you determine the amount you must deposit to get the maximum bonus.

Divide the maximum amount you can claim as a bonus with the bonus percentage converted into its decimal value.

The following examples illustrate this:

Example 1

  • Consider a bonus of 100% up to $100
  • Maximum amount you can claim as a bonus: $100
  • The decimal value of the bonus percentage (100%): 1
  • Now, you have to divide $100 by 1.
  • You need to deposit $100 to get the maximum available bonus.

Example 2

  • Consider a bonus of 125% up to $200
  • Maximum amount you can claim as a bonus: $200
  • The decimal value of the bonus percentage (125%): 1.25
  • Now, you have to divide $200 by 1.25.
  • You need to deposit $160 to receive the maximum available bonus.

You’ve Got This…

You do not need to be a math expert to calculate the amount you have to deposit to get the maximum available bonus. All you need is a calculator, and it is available on all PCs and mobile devices.

Match Bonuses to Avoid

Here are some tips to help you pick the right bonuses and avoid the bad ones:

  • High Wagering Requirements
    Bonuses with high wagering requirements are difficult to clear. Avoid bonuses with wagering requirements higher than 40x.
  • Max Cashout Rules
    Clearing a bonus only to find out that you cannot withdraw all your winnings is frustrating. Max cashout rules set a cap on the exact amount you can withdraw. Read the bonus terms carefully and find out exactly how much you can withdraw after meeting the wagering requirements.
  • Small Match Bonuses
    Avoid 25%, 50%, 75% match bonuses. Some online casinos also offer 10% match bonuses. These bonuses do not give you value for money. Also, clearing such bonuses is not worth your time and effort.

How to Use a Casino Bonus Code

While browsing our bonus lists, you will come across many bonuses with bonus codes. If you want to claim a bonus with a casino bonus code, you have to redeem the bonus code to get your bonus.

Bonus codes are combinations of letters or numbers, which help online casinos to identify various bonuses and track their usage among players.

Here are instructions to redeem a casino bonus code:

  1. Choose a bonus from our bonus lists.
  2. Click on the Claim Now link.
  3. The system transfers you to the online casino registration page.
  4. Sign up and verify your email address.
  5. Log in to your account and visit the banking section.
  6. Pick the bonus from the bonus list in the cashier section.
  7. Enter the bonus code into the relevant box and make the minimum qualifying deposit.
  8. The bonus funds will soon appear in your bonus balance.

Conclusion: Casino Bonus Advantages and Disadvantages

Many players use casino bonuses to make a profit using funds belonging to the house. You can easily do this, provided the bonus terms are fair.

Casino bonuses have advantages and disadvantages, as follows:

  • Play online casino games without risking your money.
  • Try out games for free.
  • Get more opportunities to win prizes.
  • You can withdraw winnings only after satisfying the wagering requirements.
  • You can use bonuses only on selected games.
  • Confusing T&Cs apply to some bonuses.

Casino Match Bonus FAQs

FAQ

Which is the best casino bonus?

The best casino bonus is the bonus with an affordable minimum qualifying deposit and reasonable wagering requirements. You have to read the bonus T&Cs to determine whether it is the best casino bonus.

Fortunately, you do not have to waste time researching bonus offers. Our experts have done the hard work of researching casino bonuses for your benefit.

What is a phantom casino bonus?

Phantom casino bonuses are mystery bonuses that appear when you least expect them. The online casino sends you an email with instructions to claim a phantom bonus. The size and type of the bonus are a mystery till you claim it.

What is a forfeitable casino bonus?

A forfeitable casino bonus has terms that allow you to use your qualifying deposit amount first. If you win any prize, you can withdraw it immediately and forfeit the bonus amount. You can start playing with the bonus only if you lose your entire deposit.

You also have the option of starting to play with the bonus amount. If you do so, you have to satisfy the bonus wagering requirements before cashing out your winnings.

Forfeitable casino bonuses were available only at reputed and licensed online casinos. However, most online casinos offer them now because the UK Competitions and Markets Authority (CMA) forced them to change their bonus policies.

What is a cashable casino bonus?

Usually, online bonuses are sticky. You can withdraw only the bonus winnings, not the bonus amount.

A few casinos, however, offer cashable bonuses. You can withdraw the bonus along with the bonus winnings after satisfying the bonus wagering requirements.

Cashable bonuses are always better than non-cashable bonuses. However, online casinos do not say whether a bonus is cashable or not. You have to contact customer support to find out about this.

Why do casinos have wagering requirements?

Bonus wagering requirements protect casinos from bonus abuse and help them profit from their bonuses. They ensure fair bonus usage and give players a fair chance to earn their bonuses without violating T&Cs.

What wagering requirements are considered fair?

The best bonuses have a low wagering requirement of 25x or lesser. Bonuses with 25x – 40x wagering requirements are easy to clear. Standard casino bonuses have wagering requirements of 50x – 60x. Avoid online casino bonuses with wagering requirements exceeding 60x.

What is the expected value of a bonus, and how do you calculate it?

We need three variables to calculate the expected value of a bonus – wagering requirements, house edge, and bonus amount.

Use the following formula to calculate the expected value of the bonus:

Bonus amount – (wagering requirement) x house edge

Consider that you have claimed a 100% casino deposit bonus with a wagering requirement of 40x. You have received a bonus of $100 and plan to use it on blackjack games, which have a house edge of 3%.

You can now calculate the expected value of the bonus using the formula.

  • Bonus amount: $100
  • Wagering requirement: 40x or 40 x $100 = $4000
  • House edge: 3%
  • 100 – (4000) x 3% = -$20
  • The expected value is a negative number. Ensure that the bonus has a positive expected value before claiming it.

Where can I get the latest casino bonuses?

The latest casino bonuses are available on this website. We are experts at picking the best bonuses in the industry, and we keep our bonus lists updated all the time.

Which bonuses are the best – 100%, 200% or 500% casino bonus?

The quality of a bonus depends on several factors, including the reliability of the online casino offering it. The biggest bonus is not always the best. Instead, the best bonus is the one that gives you the best value for your money. The best bonus has fair wagering requirements and no max cashout rules.

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John Holmes Written by John Holmes