By the bookmakers team

27 November, 2024

Bonuses16 min Read

Deposit Match Offers

Sportsbooks and casinos will offer deposit match betting bonuses to their customers, new or existing, and they can increase your chances of winning.

Deposit match betting bonuses add to your bankroll, letting you place more bets and try out various games, all without risking any additional funds. 

As a result of having several more bets with good odds to claim, you extend playing time.

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What is a Deposit Match Bonus? 

These bonuses are usually given as an inducement for new players who sign up at betting sites or as rewards for loyal existing customers.

This promotion program uses a percentage of the amount you have deposited in your account and adds that figure to your balance as bonus money, effectively raising your betting capital.

With extra funds, you can place additional bets or bet larger amounts. This may increase your potential gain many times over.

With deposit match betting bonuses, you can play longer and try out new sports markets or casino games without using too much of your own money.

Deposit match betting bonuses are common promotions that gambling sites use to enhance player engagement and overall satisfaction. Knowing about deposit matching bonuses is, therefore, very beneficial for any serious gambler.

You may find that adding deposit match betting bonuses to your ordinary betting will make for a more profitable and enjoyable betting experience.

How Does a Deposit Match Bonus Work? 

When your deposit match betting bonuses have been claimed, the bookmaker will match a percentage of your deposit up to a fixed amount. This means that the bookmaker will add incentive funds to your account, raising the total amount of betting capital you have available.

For example, with a 100% bonus match, money deposited by you will be doubled.

This extra cash given through the bonus allows you to place multiple bets or raise the bet size and thus increase potential gains.

Match bonuses on the first deposit extend your playing time and offer more chances at different betting markets.

Deposit match betting bonuses are an advantage when planning your play, thus making it a more enjoyable betting experience and potentially more profitable.

Types of Deposit Match Bonuses 

Deposit match betting bonuses are given to new or current customers by bookmakers in order to attract them or keep them playing longer.

Percentage Matches: The most common type of deposit match. A specific percentage of your deposit is matched by the bookmaker, thus increasing your bankroll. A 100% match bonus, for instance, means that when you deposit $100, you will receive a further $100 bonus and have a total of $200 to bet with. So, a 50% match bonus on the same deposit would give you an extra $50 in bonus funds, pushing your bankroll to $150.

Tiered Bonuses: These types of deposit match betting bonuses are set up to give a bonus percentage that is dependent on how much is deposited. 

For example, a tiered bonus might give a 10% increase to deposits for up to $25, and a 12% increase for deposits above $50 but less than or equal to $100. 

By offering larger bonuses for bigger deposits, this approach allows you to gradually increase your initial bankroll. Thus, the idea of the tiered bonus is very beneficial to bettors.

Special Promotions: These are often linked to major sports events or major seasons such as the Super Bowl, World Cup, or the start of a sports season. At such times, bookmakers may offer enhanced deposit match bonuses to capitalize upon the increased betting activity. 

For instance, a site may have a 200% matched bonus for all those who make deposits during the week leading up to the Super Bowl. These special promotions not only draw new bettors but also bring back old customers.

How to Claim a Deposit Match Bonus 

When you claim deposit match betting bonuses, there are a few simple steps you need to complete:

Sign up / Register: This is the first step towards a match bonus. This usually entails providing details of who you are, including your email address, date of birth, and contact information for verification purposes.

In addition you will also need to select a username and password at this stage. Always make absolutely sure that all submitted information is correct, so as to prevent any problems later on.

Deposit funds: As this is a deposit match bonus rather than a no deposit bonus you will have to add funds to your account to activate it. 

Once you have set up an account, you should fund it by transferring money using your preferred payment method.

Go to the betting site’s account deposit page and pick a preferred payment method. Common methods of payment include credit/debit cards, e-wallets like PayPal and Skrill, bank transfers, and, more recently, cryptocurrency.

Activate Bonus: To activate the bonus, you may have to enter a promotion code when depositing. There will be a “promotion code” or “bonus code” section during your depositing process, and you simply enter the code you received from the betting company.

Some sites also require that you manually opt for bonuses at the deposit stage for them to become active. 

Always be sure to fully follow any instructions given by the website to guarantee that the bonus is credited to your account.

Before you start betting, the terms and conditions for the deposit match bonus are something you should be aware of.

The two main points are:

  • Wagering Requirements

    Wagering requirements need to be met before you can withdraw any funds from your account. For example, if the x5 wagering requirement on a $100 bonus applies, then $500 will need to be gambled before any winnings can be withdrawn.

  • Minimum Odds

    The minimum odds at which wagers made using bonus funds qualify toward fulfilling wagering requirements. For example, if the minimum qualifying odds are 1.50 or higher, then all stakes placed at 1.50 or above will count.

Start betting: Ensure your bets are made at the minimum odds required by terms and conditions and meet other requirements as well. This way, you will quickly fulfill the wagering requirements.

Monitor Your Progress: To see if you are reaching wagering limits within the period set, keep a detailed record of your bets via the account-in-progress page of most betting sites. Here, you will find a section where your bonus status is displayed. There, you can also learn how much of the remaining wagering requirement is left to meet.

Withdraw Winnings: The withdrawal button is there once you have paid off those wagering requirements. Choose one of several withdrawal methods on offer and enter the amount that you would like to withdraw.

Which Sports Can I Use Matched Deposit Offers On? 

Bet deposit matching in the Philippines gives players a wide choice and is available for many sports. Players can use the bonus to change their wagers regularly and keep things fresh.

With bonus money, soccer fans can bet on local leagues, foreign games, and big matches like the English Premier League and World Cup.

Basketball fans, particularly those who follow the NBA as well as our own local PBA, can increase their betting potential with these bonuses. If you’re into combat sports, then matching deposits could be the way to go. 

This type of offer can be extended to MMA events, allowing you to bet on all your favorite fighters and contests. 

Esports, which has seen significant development in recent years, is yet another area where these bonuses can produce very satisfactory returns. 

You can also bet on games like Dota 2, League of Legends, or CS: GO! In addition, deposit match deals can also be used for other sports, including tennis, cricket, and boxing. 

Deposit Match Bonus Terms and Conditions 

In order to use a deposit match bonus effectively in the Philippines, the points you should weigh up are:

FAQs about Deposit Match Bonuses

  • Wagering Requirements

    The total amount you have to wager before any winnings made with bonus funds can be taken out. For example, if you receive a $100 bonus that has to be wagered five times, then it means you must put at least $500 down before you can cash out any winnings.

  • Minimum Odds

    Bets made with bonus funds must match minimum odds, or they don't count towards your wagering requirements. Let's say the minimum odds were 1.50 and you make a bet on a football match which is Team A vs. Team B. If the odds for Team A to win are 1.40 and the odds for Team B to win are 1.60, then only a bet on Team B would satisfy the requirement because the odds are higher than 1.50.

  • Expiry Dates

    Bonus funds and wagering requirements are time-limited. This means you must use your bonus, meet any condition attached to it within a certain time frame.

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