Everything you need to know about bingo matched deposit bonuses
Bingo sites offer all sorts of bonuses and promotions to attract new players and keep existing ones coming back for more. One of the most popular promotions used to attract new players is the matched deposit bonus. Let’s take a closer look and learn how to claim and take advantage of a matched deposit bonus.
How do matched deposit bonuses work?
The name is a massive giveaway here. Players who claim this bonus will have a percentage of their deposit matched by their chosen bingo site. While many casinos offer 100% deals, which essentially double your money, sites like Lucky Pants Bingo and Kitty Bingo offer whopping 300% matched deposit bonuses. Usually, you’ll only receive a deposit match for your first ever payment at an online bingo site.
If the deal offered is 100% up to £100, this means the casino will credit your account with the same amount that you deposit, up to a maximum of £100. So if you decide to deposit £20, you’ll be given a bankroll boost and actually start playing with £40. However, if you instead deposit £200, you’ll receive £100 in bonus funds, as this is the limit in this example.
How can I claim a bingo matched deposit welcome bonus?
- Choose your favourite online bingo site
While you could probably scour the internet looking for your ideal online bingo site, it’d be much quicker to use our featured list of top bingo brands. We’ve got some of the biggest reputable names and the hottest new sites available online. Our list is designed to make comparison a breeze; you can weigh up bonus options, unique features and promotions all in one place!
- Register an account
Once you’ve found a site that meets all your needs, you’ll need to sign up if you want the opportunity to receive one of our bingo matched deposit bonuses. Fortunately, this doesn’t take long at all. Fill out a couple of contact and personal detail forms, and you’re done!
- Make a deposit
Head to your chosen sites cashier page and select your preferred banking option. The top sites usually offer a range of payment methods, including traditional options such as debit cards, as well as e-wallets like PayPal and Neteller. Newer sites may offer support for a more limited range of payment mediums, but this range is usually expanded over time. When depositing, don’t forget about the requirements stated in the terms and conditions of your bonus. If there’s a minimum deposit figure, for example, make sure your deposit falls in line to avoid missing out on your sign up offer – you won’t be able to claim it again!
- Claim your bonus funds
Following your first payment, you’ll have your deposit matched to the percentage offered by your chosen bingo site. Virtually every online gambling operator credits your accounts with bonus funds automatically, within minutes. No hanging about, you’ll be able to head straight into your favourite bingo rooms with a big bankroll boost!
What else do I need to know?
To the uninitiated, comparing bingo bonuses may seem as simple as finding the bingo brand offering the biggest bonus amount. However, savvy players will know all too well that bigger doesn’t always mean better. The most valuable bonuses are the ones that give you the best chance of winning withdrawable cash. Some of the biggest bonuses come with conditions and requirements, such as winnings caps and time limits that are designed to reduce your chances of earning real money winnings. These vary from brand to brand, however, pretty much every bingo matched deposit bonus comes with wagering requirements attached.
Handing out triple figure bonuses to players doesn’t sound like a sustainable marketing ploy. It wouldn’t be if it wasn’t for wagering requirements. The wagering requirement is simply the amount players need to bet in order to make any bonus winnings available for withdrawable. Without satisfying these requirements, you won’t actually be able to profit from your bonus. As you’d expect, the biggest bonuses usually come with more stringent wagering requirements, making bonus deals a low-risk move for gambling operators. This might not be a problem for high rollers with huge bankrolls, however, less frequent players and those on a budget might be better off seeking out a no deposit bonus or low wagering deals.