Online Casino Bonuses Explained
If you’ve been to an online gambling site, you may have noticed casino bonus offers. These offers show figures like 100 percent match, $200 max deposit and 10x deposit wagering requirement. If you don’t have a lot of experience with online gambling, you may wonder what these numbers mean.
What Is a 100 Percent Online Casino Bonus?
This is a true “match” bonus, in which the online casino matches the amount of your deposit. It does not have to be 100 percent. The online casino could match 50 percent of your deposit, 150 percent or any amount above, below or in between these numbers. It all depends on which casino is advertising and when they are making the offer.
What Is a $200 Max Online Casino Bonus?
Again, this number does not have to be $200. It could be $50, $100 or $1,000. This refers to how much you can deposit that will be eligible for the bonus. A 100 percent bonus with $200 max deposit means you can get a bonus of as much as $200. You can deposit more than $200, but only the first $200 will be eligible for the bonus.
What Is a 10x Deposit Wagering Requirement?
To release an online casino bonus, you have to meet a wagering requirement. This is so people don’t sign up for the bonus and immediately withdraw it without giving the site a chance. A 10x deposit requirement would mean that you have to put 10 times the amount of your deposit in play. If you deposited $200, you would have to put $2,000 in action by playing for example online video poker, before the bonus money would be released into your account.