Match deposit bonuses are some of the best-rated bonuses available to players, but 200% match deposit welcome bonuses blow all other offers out of the water. A 200% online casino bonus bumps up your bankroll nicely, providing you with better value for your money and time.
They are getting rarer and rarer. However, you don’t have to search high and low for this kind of offer. Check out our complete list of 200% match deposit welcome bonuses below.
What is a 200% Matched Deposit Welcome Bonus?
A 200% match deposit bonus is a simple enough concept to comprehend. The casino of your choice is offering to match the money you are depositing by 200%. If you are depositing €100, the casino is throwing in an extra €200 in bonus funds to enjoy. In total, you have a whopping €300 to play with.
Of course, these funds cannot be cashed out and are not free money. These funds, along with your deposit, are tied down to some conditions.
You would need to wager your newly acquired bonus cash on the best RTP online slot games, software-based card and table games, local and progressive jackpots, live dealer games and instant-win games.
Unless otherwise stated, the match deposit offer comes with a limit in place. Some gaming sites offer to match it without a threshold, but they have placed a limit more often than not.
If you are making claiming a 200% deposit bonus up to €500 and you are making a minimum deposit of €500, you will only get €500 in bonus cash, not €1,000.
If you are a high roller, the casino usually has special bonuses in store for you that are more generous.
How does a 200% Welcome Bonus work?
You don’t have to scratch your head too hard to learn about his this bonus works. The deposit bonus is calculated based on the percentage of the initial deposit made by the player. The extra funds are added to the player’s balance for them to spend on various games.
Let’s paint a picture. Imagine you are claiming a 200% match deposit bonus up to €600, and you are making a minimum deposit of €200. The casino will match your deposit and add €400 in addition to the €200 deposited.
Both your deposit and the bonus funds are then locked by various terms, which will dictate the chances and likelihood of cashing out.
Once these conditions have been met, you will be able to cash out your winnings.
Why should you choose a 200% welcome bonus?
A 200% matched welcome deposit bonus provides you with more benefits than claiming a 25% bonus. The free bonus funds will come in handy, especially if you like playing a variety of games. You can play for more extended periods of time and stand the chance of winning real money.
It also comes in handy if you are looking to win a jackpot since you have a bigger bankroll to play with.
Most importantly, a 200% welcome bonus allows space for some mistakes, especially if you are new to the online gambling world. For example, if you are playing card and table games and are not entirely familiar with the rules and the basics, the bonus funds cushion these mistakes.
However, there is a slight catch. You should always be aware of the various terms and conditions in place since these can ultimately make or break a deal for a player. As bountiful as a bonus may sound, it’s the terms that may apply restrictions on the player’s gaming experience.
How to withdraw a 200% welcome bonus
Bonus money is not readily available money that can be cashed out and used as the player pleased. Your bonus is tied down to the conditions which players must abide by in order to be able to withdraw.
In the past, online casinos were a bit looser with their conditions, but due to the surge of bonus abusers, new terms have been applied to ensure they don’t go out of business.
Careful attention must be given to the wagering requirements. The number depicted entails the number of times you would need to wager your deposit plus bonus before converting it into withdrawable money.
The wagering requirements can be considered as odds of some sort. If they are too high, you are less likely to convert your funds. You should always look for wagering requirements that are 35x or lower.
You should also watch out for any possible caps on winnings. Not all bonuses come with these, so players should always watch out for them. It is not unheard of for a casino to impose ridiculously low caps on winnings.
The caps on winnings state the amount you can cash out once you have met the playthroughs. Any money above this amount will be lost.
Can a 200% welcome bonus expire?
Yes. Online casinos want you to use your bonus as fast as possible, so you can make more deposits and claim other offers.
To do this, they have made their bonuses valid for only a specific period of time. If you are a big depositor, you might require more than one session to spend your bankroll.
You should be mindful of the expiration. Some rogue casinos might expect you to spend your bonus within a day.
Most legit casinos apply a 7-day validity on the bonus, while others have no problem slapping a 28-day validity on your offer.
Failure to spend your funds or to meet the wagering requirements within this time will result in the forfeiture of your bonus and deposit funds.
Do all online casinos provide 200% welcome bonuses?
No. Most casinos offer smaller deposit bonuses, such as 50% and 100%. A 200% welcome bonus is the most lucrative type of bonus out there. It is ideal for every kind of player, be it a low or a high roller.
If you make a small deposit of €10, the casino will throw in €20 in bonus funds. That’s quite a bit of money for depositing a few euros.
You may be wondering why casinos give out this type of bonus in the first place. In short, they need to stay one step ahead of the competition. To do this, they need to offer generous bonuses that will capture the attention of potential players.
In fact, many reload bonuses, and other promotions are usually not as generous as the welcome offer. The gaming operator needs players to sign up and make that first deposit to entice you with other promotions.
Is a 200% welcome casino bonus only available to new players?
Yes. Since it is a welcome casino bonus, it is only supplied to players signing up for an account and making a deposit for the first time ever.
This does not mean that all players have to take advantage of this bonus. Many don’t want to deal with the bothersome terms and might forego the welcome offer. Once a deposit has been made, and a bonus refuted, then there will not be another chance to claim the welcome offer.
There are still other promotions up for grabs. These include free spins deals, reload bonuses, cashback, live casino bonuses and loyalty schemes.
Is a 200% welcome casino bonus right for me?
It depends on what you are after. If you don’t want to make a big deposit, a 200% welcome bonus will significantly boost your bankroll without breaking the bank. You can have fun playing your favourite games guilt-free.
However, some bonuses come with game exemptions. Most notably, most table games and live casino games cannot be played with a bonus.
Casinos know that players can enjoy better odds of winning with the right strategy and knowledge and thus stand the chance of meeting wagering requirements without any hassle.
To counteract this, they have created the concept of game exemptions. Even if they include live dealer games, they might only contribute a small percentage towards the playthroughs.
If you are looking to play for fun, this should be a non-issue, but you might want to weigh your options if you are looking to play for real money.
200% Welcome Bonus and Wagering Requirements
To keep online gambling healthy and thriving, wagering requirements were created to safeguard businesses from going bust.
In the olden days, bonuses came either without any wagering requirements or with low playthroughs. These days, the playthroughs are attached to every promotion and can vary from 20x going all the way up to 200x.
The wagering requirement dictates the number of times you would need to wager your deposit + bonus before it is converted into real money. Once you have met the wagering requirements, you can cash out your money or keep on playing.
It is essential that you give special attention to this factor. Some casinos make it almost impossible to cash out, so looking for fair terms is crucial for your bankroll.
The current ongoing wagering requirement average on the market is 35x. Anything lower than this gives you a better chance of cashing out. That being said, some degree of research applies.
If you are playing online slot games, you should look for games with a high payout percentage, so the chances of winning are boosted.
Are 200% Casino Welcome Bonuses Worth it?
Yes, if the right conditions are presented. Why offers may look similar to each other, the devil is in the detail. A glance at the terms and, most notably, the wagering requirements will either make or break the deal.
Even if you are making a small deposit of €20, having €60 to play with is still a good and considerable sum that will provide you with an excellent online gambling experience.
Look at the overall picture, shop for licensed and regulated online casinos and before jumping on the first 200% bonus that comes your way, make sure that the terms suit you. It could otherwise prove a costly mistake.
Pros
- Bigger and fatter bankroll
- Boosted chances of winning real money
- Play several games, including progressive jackpots
Cons
- High wagering requirements
- Caps on winnings and limits
- Game exemptions and contributions
Other Types of Match Deposit Welcome Bonuses
There is almost nothing better than a 200% matched deposit bonus unless it comes with no wagering requirements attached.
There are other match deposit welcome bonuses, which players are welcome to take advantage of. Although smaller in size, they might have lower playthroughs and higher caps on winnings.
As already advised, it is of crucial importance that players look at the overall picture and not just at the flashy numbers on their screen.
You can check out the below bonuses that offer lower and higher percentiles:
- 25% welcome bonus: A casino offers to match the money deposited by 25%
- 50% welcome bonus: A casino offers to match the money deposited by 50%
- 100% welcome bonus: A gaming operator matches the money deposited by 100%
Best New Casinos with a 200% Welcome Bonus
There has never been a better time to join an online casino and to claim a 200% welcome deposit bonus. You don’t have to waste precious time doing your research and looking for a list of offers.
We have done all the work for you and compiled a fully-fledged list of 200% welcome deposit bonus offers available at licensed and regulated online gambling sites.
Read our casino reviews, including detailed insights into the available games, the software game developers and other banking methods.
FAQs
1. What is the Minimum Deposit?
The minimum deposit is the minimum amount you would need to deposit in order to claim a welcome bonus offer or promotion. The minimum deposit is not a set amount. Instead, each gaming operator sets up its own minimum deposit.
This can also vary from one promotion to another and might be increased depending on the chosen payment method. Minimum deposits can vary from as little as €10 and €20, going all the way to €30. Some gaming operators may also apply higher limits.
2. What is the Maximum Amount that a Casino will payout?
The maximum amount depicts the maximum threshold that a casino is willing to pay for a bonus or promotion. If you are claiming a 200% bonus up to €200, that is the maximum amount the operator will pay regardless of how big or small a deposit you will make.
3. What is the withdrawable limit?
Better known as the Caps on Winnings, this term implies the maximum amount that you are able to withdraw once you have met the wagering requirements attached to a bonus or promotion.
If a bonus has a cap on winning of €50 and you have generated €100 from the bonus, you will only be able to withdraw €50. The remaining €50 will be lost.
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 has a background in finance and statistics, and his love of online gaming combined with his analytical abilities has given him a special competence in maximising the advantages of casino bonuses.
