When you first start out as an online player at a casino, it can be daunting trying to figure out what the greatest deal is. The competition in the gambling world is fierce and with so much variety it can become difficult to decide the best casino bonus to suit you. The most common welcome bonus for new players is a 100% casino bonus. A deposit match bonus is simply where the casino will match the deposit amount to a certain percentage.
When a casino has a 200% casino bonus, they are attempting to draw in new players to their casino. They can appeal to new players with this offer by informing them that the offer entitles them to triple their initial deposit amount. So, for example if a new player deposits £30 at a casino with a 200% deposit match bonus, the player will have the initial deposit of £30 plus a £60 contribution from the casino.
Wagering requirements will always exist at casinos otherwise the gambling industry would go bankrupt as they would be handing out free money. A typical wagering requirement for 200% casino bonus is between 25x-40x. If a casino has low wagering requirements, it will get a big thumbs up from players as they will not have to bet as much money before they can withdraw their winnings. This is not to say that a low wagering casino is always the best option as there will be other conditions attached that may outweigh the advantage of low wagering such as a lack of free spins or a cap on the winnings.
The benefit of having a 200% casino bonus to play with is that it gives you the ability to try a new casino, try your hand at a new slot game whilst using the money that the casino has matched with your deposit.
The extra money that you have been given by the casino may just allow you to gain some leverage if down the line you manage to meet the wagering requirements. Giving you the opportunity to withdraw your winnings and spend them as you please.
To conclude the fact that a casino is willing to let you play with triple your deposit amount is a generous offer. However, always be sure to check the conditions that are attached to the bonus and have a browse around before you deposit at the first casino you come across.