How does 200% deposit bonus casinos work?
So called deposit match bonuses in the online casino segment is very common. The online casino basically matches your first deposit with a certain percentage. In this guide we have listed all 200% deposit bonus casinos for players around the world. Whilst 200% match bonuses are far from the most common ones, they are among the most popular among casino gamblers.
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The bonuses we list here are welcome bonuses, it means only new players are eligible for these bonuses. It’s the casinos way to attract new players and give the chance of trying out their casino with an extended amount of money to gamble with.
The 200% casino bonus triples your first deposit, which means if you deposit ?/€/$100 they will give you a bonus amount of ?/€/$200 and you will have a total of ?/€/$300 to gamble with.
A fairly common mistake is that a 200% casino deposit bonus doubles your deposit, that is not the case. To double your first deposit, you need to look for a 100% casino bonus.
Some casinos also offer so called reload bonuses, which means even current players are eligible to make use of the bonus. But the bonuses we list here is only welcome deposit bonuses, some are only available to certain markets and countries.
How to make the most out of a 200% bonus
Before starting to gamble make sure you know and understand the terms for the bonus you signed up with. In some cases your deposited money and the bonus money ends up in the same wallet. That usually means that any bonus terms applies to all money in your account. Others have these to divided into two different wallets, and you usually play with your own money first, and then the bonus money. This is not a guarantee that your deposited money is not affected by any wagering requirements, but it’s fairly common.
In the case where you play with your money first, the luck is on your side and you win some casinos allows you to forfeit the bonus, basically ditch the bonus money. This makes it possible for you to withdraw your winnings before the bonus terms kicks in. This is commonly known as a non-sticky bonus and is always a better bonus option than a sticky one.
But since we are now looking at 200% bonus you might need to think a little bit different. Since only one third of the money in your account is actually your money you better plan how to get as much value as possible from your bonus money. This might seem obvious to most people, but if you want your bonus money to last longer you should put lower bets. The possible winnings will obviously be smaller, since it’s usually a percentage, or multiplier, of your initial bet.
Some people don’t find it exciting enough though, but please bear in mind if you are working through the wagering requirements of your 200% bonus there’s usually a max bet per spin if you are playing slots, or a max bet if you are playing roulette or any other table games. Most common is ?/€/$5 per bet but this might differ between casinos. If you bet more than this, it might not count towards your wagering and in worst case it will just cancel your bonus.
After all, a 200% bonus is a great way to extend your gambling experience on a new casino or if you just started gambling online. There’s obviously reasons this bonus is so popular among players.
Pros and Cons with a 200% casino welcome bonus
There’s always two sides of a coin. Whilst a 200% bonus gives you two times the bonus amount compared to a 100% bonus. That means double the time you can gamble for free, so to say. Or triple the amount of time if you hadn’t used a bonus at all. Although, they usually come with more difficult wagering requirements. The amount matched is also usually lower.
- More bonuses money for a lesser deposit
- Popular choice among Players
- Higher wagering requirements
- Usually lower bonus amounts
- Less common and harder to find
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Welcome to the best casino bonus and online casino guide for UK, Canada, New Zealand, Ireland, United States, India, Sweden, and more. We keep a close eyes on new casinos and great casino bonuses for players all over the world. If you didn’t find what your are looking for we gathered most of our country specific content down below. This is our International edition of Bonusho.