What is a 200% Casino Bonus?
One of the most popular types of welcome casino bonuses is the 200% deposit bonus. This is when the casino gives you two times the house money based on how much you initially deposit. One of the most common match percentages is 200%, which simply means that the casino will match your deposit completely.
If you deposit $20, they’ll give you $40 in bonus cash that you can gamble with. That may not sound like much, but it all depends on how much they’re willing to match. If the maximum allowable amount is $500, that means they’ll match that and you’ll come out of the gate with $1,500. That’s certainly not a bad amount to start out with, especially if you’re making small bets.
200% Match Bonus on Deposit
At this point you probably understand what’s so special about a 200 casino bonus. A 200% match bonus on deposit means that, when you make your deposit, the casino will give you double that in house money. If you transfer $100, they’ll give you $200, which of course means you’re starting with $300.
Keep in mind that you can’t cash this money out. You need to meet the casino’s wagering requirements first. What that means is that you have to put so much money into the casino before you’re able to cash out any bonus money. Honestly, wagering requirements are usually a little steep. However, the casino is giving you free money. It’s up to you to make the most of it.
Welcome Match Bonus
If you do choose a casino with a welcome match bonus (whether it’s a 200 casino bonus or not), you really need to understand wagering requirements. If you have $100, and the wagering requirement is 35x, you have to gamble through $3,500 before you can cash out. It’s not easy, but it’s also not nearly as difficult as it sounds.
As you play, you’re going to alternate between winning and losing. That’s just how gambling works. And as you do that, you’re getting closer and closer to hitting that requirement. When reading up on casinos, something we urge you to do, make sure to read about the requirements. A great welcome bonus doesn’t do you much good if you’ll never be able to cash out.