Why Do Casino Bonuses Exist?
This is a good question, and the answer is pretty simple: To compete. The offers used to attract customers in the 1990s have turned into a competitive tool today. Operating an online casino is a very profitable business, but at the same time, it is very costly. The money that goes for license fees only can easily reach hundreds of thousands of dollars. To earn revenue, casinos need to reach out to more players and encourage them to play games. As mentioned above, it is difficult for players to abandon their habits. So, in order to win new customers and maintain the loyalty of existing customers, you need to offer them the best deals. Smart players know how to use this system in their favour. Indeed, using casino bonuses, especially the deposit and no deposit ones, is possible to get a starting capital of thousands of dollars for free.
Bonus Types and Categories
Bonus offers are generally divided into two categories: those for new members and those for current members. For new members, they are also known as welcome package or no deposit bonus. Their use is very easy and it is often enough to apply for a new account. The casino gives you a certain amount of money for free when you register as a new member. This money is usually between 5 and 20 dollars. (In places that are newly opened and need to be promoted, it may be a few hundred dollars). In other words, you can play games with real money without having to invest money, just for becoming a member. The most important feature of this offer is that it is disposable. So, you can use this promotion just once.
Bonuses for current members are ongoing. They are organized daily, weekly, and monthly. They are in the form of a prize draw, tournament or an event organized in the real world. The match bonus goes into this category and is meant to encourage players to invest more money. To put it simply, when a player deposits money, the casino will match that money with a certain ratio. That means you will be entitled to additional money for every payment you make. This promotion has an exact ratio and a certain upper limit. This ratio is usually 100%. However, in some places, it is possible to find 200 deposit bonus offers. As can be guessed, the higher the ratio, the better. In this article, we will talk about the online casino 200 deposit bonus promotion, one of the most valuable offers.
200% Deposit Bonus: The Best Deal You Can Get
Why is this the best deal you can get? Because the match ratio doesn’t go any higher than 200%. As we said above, the average rate in the sector is only 100%. 200% is a very good offer, because it means you will earn double the money you invest. Let’s give an example:
A player deposits 50 dollars. Because of the offer, he gets an additional 150 dollars to spend, for free.
Sounds nice, right? Well, it is. You really get %200 more of the money you deposit. However, there are terms and conditions as usual. You also need to pay attention to some issues.
- As we mentioned above, this offer has a cap. So you cannot invest $ 50,000 and get $ 150,000. This upper limit is usually $ 200. In some cases, it is possible to see the output of several thousand dollars. In such cases, however, the proposal is divided into multiple parts. That is, it is valid for the first 4 or 5 transactions, not only for the first money you deposit. Do not forget to check both the upper limit and the transaction as a whole.
- The proposal has also a lower limit. At low deposit casinos, it’s usually enough to deposit $1. (Yes, you deposit $ 1 and play with $ 20.) But in most places, the minimum limit is $ 10 or more.
- You cannot withdraw this free money to your bank account. It is only possible to play games with it. If you earn something while playing a game, you can withdraw this winning. However, this also has a separate requirement: wagering limit. You will not be allowed to withdraw any money you earn without betting a certain amount. This amount is between x20 and x40 in most casinos. So if you are given $ 100, you cannot withdraw your winnings without placing a bet of at least $ 200, if the ratio is x20.
- If you like slot machines, choose promotions known as “200 deposit bonus slots”. Slots 200 deposit bonus allows you to get free spins rights on slots in addition to the advantages mentioned above. In games like Starburst, free spins allow you to earn extra income.
How to Use Your 200 Percent Deposit Bonus
Just make a deposit as always: The extra cash will be applied automatically. You do not need to do any other thing. Usually, a few minutes after you credit your account with some money, you can see your additional credits on your account.
Where to Find 200 Deposit Bonus Casinos?
We do not recommend that you do your own research: It requires both hard work and expertise. All you need to do to find such casinos is to visit our website. We review the best 200% bonus online casinos and only recommend the most reliable ones. Our experienced team inspects the offers in detail and gives you unbiased information.