One of the biggest advantages of playing at online casinos is that compared to their brick and mortar counterparts, there is an attractive collection of bonuses available for players to claim.
Players looking to get more than they bargained for are shopping for deals that boost their bankroll. Players can opt for a great gambling experience without breaking the bank. That’s right! Players can genuinely start off playing from a few Euros.
To greet all players to a casino site, a welcome bonus is offered to help players get onboarded. The 100% match deposit welcome bonus is by far the most common and most popular welcome bonus available on the market.
Want to maximise your betting budget? Then check out our complete list of 100% match deposit welcome bonuses below.
What is a 100% Matched Deposit Welcome Bonus?
A 100% matched deposit welcome bonus follows a simple concept. The casino offers to match the money deposited by 100%. This means that if you are depositing €100, you will receive €100 on top of your deposit.
These funds cannot be cashed out so easily, though. Instead, it has to be wagered on the online slot games, RNG card and table games, instant-win games, and live casino games, amongst others, all defined by the casino.
Every matched deposit bonus comes with a limit in place. This means that the 100% bonus will only be matched up to a certain limit, regardless of how much you deposit. If you deposit €500 and the offer states a limit of €250, you will only receive €250 on top.
How does a 100% Welcome Bonus work?
Welcome deposit bonuses are widely available so getting the hang of how they work is straightforward. Your gaming operator of choice will offer to match a percentage of your first deposit in bonus funds.
Let’s use an example. Let’s imagine you come across a 100% match deposit bonus up to €500, and you are depositing €250. The casino will match your €250 and provide you with €250 to play with. In total, you will have €500 to spend.
Once the offer has been claimed, both the bonus funds and the money deposited is locked to the terms and conditions that come with the bonus.
These funds cannot be withdrawn until you meet the terms attached to them. This is why it is of vital importance that you read the fine print before signing up. You can also better assess the value of the bonus and work out the number before cashing out.
Why should you choose a 100% welcome bonus?
A 100% matched welcome deposit bonus comes with its own set of unique advantages. The most obvious of advantages is that it comes with free bonus funds. Since your bonus is matched, you are provided with ample time on the site and the chance of winning real money.
You can also play the best online slot games, tempt your luck at jackpot games, play card and table games, instant-win games and live casino games. You can also work on your game, apply various strategies and learn to manage your bankroll better.
This is somewhat debatable, but a welcome bonus seems to have fewer restrictions in place than those of free spins and no deposit bonuses.
Casinos want to keep their players happy, so they are more likely to offer generous terms to keep them in place.
How to withdraw a 100% welcome bonus
Bonus money is not real money and should never be considered as such. Your bonus and the money deposited are tied to strict rules and regulations that you must meet before you can cash out.
In the old days, casinos had no such terms, but due to the rise of bonus abusers, these terms were put into work to ensure they don’t go out of business.
Special attention must be paid to the wagering requirements, which will state the number of times you would need to wager your bonus before your funds are released. You should also be able to work out your chances of meeting them. The higher they are, the less likely you are to meet them and withdraw.
Another important fact to keep in mind is the caps on winnings. If you meet the playthroughs and have €1,000 in funds, but the caps on winnings are €500, you can only cash out €500.
Can a 100% welcome bonus expire?
Yes, like most bonuses and deals, a 100% welcome bonus will expire though the validity of the bonus will vary from one offer to another. It may also depend on the operator you are signing up.
Most bonuses are valid for 7 days, though this is not a rule. Casinos expect players to play through their bonus quickly and efficiently. They don’t want players to sit on their bonus, so they apply expiry dates to pressure players into spending them.
During this time, you are expected to either lose the sum or meet the wagering requirements in a bid to cash out.
If you don’t like playing for longer periods, it is recommended that you be mindful of the expiration date as you may risk losing it all.
Do all online casinos provide 100% welcome bonuses?
Not all of them. Some casinos might offer smaller welcome bonuses or bigger ones. A 100% welcome bonus is the most commonly available on the market, so you should be able to snap one up quickly.
Since casinos are stumbling over each other to attract your attention, they have come up with lucrative bonuses in a bid to get you to sign up.
A 100% welcome bonus is always generous, but you should also take note of the minimum deposit. Most casinos will help you get started from as little as €10 or €20. Though they may state that they accept lower minimum deposits, you need to pay attention to the minimum deposit that will qualify you for the bonus.
Failure to do so or to meet the minimum deposit will result in you losing out on the offer.
Is a 100% welcome casino bonus only available to new players?
Yes. As the name implies, a 100% welcome casino bonus is designed to welcome all new players who sign up for a casino account for the first time and make their initial deposit.
Players have the chance to either claim the welcome bonus or forfeit it. Some players just don’t want to deal with the hassle of wagering requirements, so they may give up on the golden opportunity to double the money deposited.
Players who refuse the welcome bonus will not be able to claim this bonus at any point. However, that does not rule them out from claiming other promotions, such as free spins deals, loyalty points, cashback and reload bonuses.
Is a 100% welcome casino bonus right for me?
If you are looking to double the money you are depositing, then yes. If you deposit €100, you get an extra €100, which you can spend on your favourite games, jackpots and live dealer games.
It may not be ideal for you if you prefer playing other gaming types. For example, many casinos don’t allow players to use welcome bonuses on live casino games or online card games. Even if they do, they may only contribute a small percentage towards the playthroughs.
If you are a live casino fan, you need to pay careful attention to this. It does not apply to all gaming operators, but it applies in most cases. There may be other specially designed bonuses which you can claim.
As long as you know what you are going for when claiming a bonus, then it should all be hunky-dory.
100% Welcome Bonus and Wagering Requirements
No welcome bonus is free from the shackles of wagering requirements unless otherwise stated. Bonuses without wagering requirements do exist, but they are scarce.
In order to safeguard its interests, a casino imposes a set of rules to ensure that they don’t make a loss so often.
Casinos do so by applying wagering requirements. A wagering requirement dictates the number of times a player needs to wager their bonus before it is converted into withdrawable real money.
If it sounds complicated, don’t worry too much about it. Gaming operators usually highlight how much you have left before you have met the playthroughs.
The average wagering requirement on the market is 35x. Going for anything lower than that boost your chances of meeting them. Try to play online slot games with a high payout percentage to ensure you stay in the game.
Are 100% Casino Welcome Bonuses Worth it?
Yes, especially since you are doubling the money, you are depositing. Regardless of whether you are a low or a high roller, the benefits are significant.
If you deposit €20, you get a total of €40 to play with, which is a considerable sum considering the small deposit. However, a few cents is what may come between you winning a jackpot or not, so it is definitely worth your while.
The terms attached to the bonus is what can make it worth your while or not. If the wagering requirements are too high and your chances of meeting them are diminished, then it may not be worth it.
Deposit bonuses may all look the same, but it’s the terms that come attached to them that set them apart from each other. Scout all options available and pick the one that best suits your needs and interests.
Pros
- Doubling your bankroll
- Chance of winning real money
- Play numerous games, including jackpots
Cons
- High wagering requirements
- Caps on winnings and limits
- Game exemptions and contributions
Other Types of Match Deposit Welcome Bonuses
A 100% matched deposit bonus sets off the player on a good start, but it is not the only type of bonus available out there. Some bonuses are smaller in size, and others are bigger. They all follow the same concept, but they individually determine whether you will get more or less on top of the money deposited.
You can check out the below bonuses that offer lower and higher percentiles:
- 25% welcome bonus: A casino matches the money deposited by 25%
- 50% welcome bonus: A casino matches the money deposited by 50%
- 200% welcome bonus: A casino matches the money deposited by 200%
Best New Casinos with a 100% Welcome Bonus
There has never been a better welcome offer than this one. The good news is that it is widely available, so finding a 100% welcome bonus should be a doddle.
On the other hand, rogue casinos are also available in heaps. You don’t have to put your funds at risk as we have compiled a list of the best 100% match deposit welcome bonuses available.
All of these offers are available at licensed and regulated gambling suppliers. You can also read our detailed casino reviews to learn more about what is available at these sites, such as games, software game developers, banking methods and minimum deposits and withdrawals.
FAQs
1. What is the Minimum Deposit?
The minimum deposit is the amount that you must pay to claim a welcome bonus offer. There is no set minimum deposit applicable in the industry.
Each casino will come up with its own minimum deposits. For most welcome offers, the minimum deposit is either €10, €15 or €20. However, other casinos have steeper minimum thresholds.
Failure to meet the minimum deposit will result in bypassing the chance of claiming the bonus.
2. What is the Maximum Amount that a Casino will payout?
The maximum amount states the amount that the casino is willing to payout. If you are claiming a 100% match deposit bonus up to €100, then €100 is the maximum amount the casino is willing to pay in bonus cash.
Even if you make bigger deposits, you will still get the maximum limit of the bonus.
3. What is the withdrawable limit?
Also known as the Caps on Winnings, the withdrawable limit states the maximum amount you can cash out once you have met the wagering requirements attached to a bonus.
This is important to note since players who win a sizeable amount of money can only cash out to a certain limit.
Some bonuses might have ridiculously low caps on winnings. It is not unheard of for a bonus to have a €50 cap on winning. If you have won €200 after meeting the playthroughs, you will lose the remaining €150.
Through years of expertise and a thorough comprehension of the nuances of promotional offers, Leonard Sosa, a well-known personality in the world of online gambling, has solidified his status as an expert on casino bonuses. Leonard earned a Business Administration in Finance degree from the prestigious University of Oxford and has been actively involved in the online casino industry for the last 15 years.
Fact-Checked by Dhalia Borg, Head of Content
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