The Ultimate Guide to Deposit Match Bonuses 2020

If you deposit at a casino without claiming one of the many fantastic bonuses available you’re missing out. Deposit Bonuses can more than double the size of your wallet AND prolong your game time (as long as you keep to the rules!). Scroll through our list, claim a deposit bonus and watch your bankroll multiply!

Every casino and every bonus we list on our site has been rigorously evaluated by an independent team of industry experts. Fair play and customer safety is our number one priority: we only select bonuses we KNOW will leave you 100% satisfied. All of the information you need to claim your bonus and make the most of it is detailed below.

The Best Casino Bonuses 2020

All of the bonuses on our list are vetted by our team of experts to guarantee fair play.

Scroll through, find your favourite, and enjoy:

1.
Big Dollar CasinoUnited States

$4100 Match Bonus
  • $4100 Match Bonus
  • Wager: 60x B
  • Use Code: 410NDK
2.
Black Lotus CasinoUnited States

$4550 Match Bonus
  • $4550 Match Bonus
  • Wager: 60x B
  • Use Code: 455MBONUS
3.
Casino GrandBayUnited States

$3650 Match Bonus
  • $3650 Match Bonus
  • Wager: 60x B
  • Use Code: 365MBONUS
4.
CoolCat CasinoUnited States

$Unlimited Match Bonus
  • $Unlimited Match Bonus
  • Wager: See Casino
  • Use Code: 300NDBN
5.
Drake CasinoUnited States

$6000 Match Bonus
  • $6000 Match Bonus
  • Wager: 20x B+D
  • No Code Required
6.
Dreams CasinoUnited States

$2000 Match Bonus
  • $2000 Match Bonus
  • Wager: 1x B+D
  • No Code Required
7.
Gossip SlotsUnited States

$8000 Match Bonus
  • $8000 Match Bonus
  • Wager: 50x B
  • No Code Required
8.
Grande Vegas CasinoUnited States

$300 Match Bonus + 50 Welcome Spins
  • 50 Welcome Spins
  • Wager: 30x B+D
  • Use Code: 100MATCH
9.
Jumba Bet CasinoUnited States

$4000 Match Bonus
  • $4000 Match Bonus
  • Wager: 60x B
  • Use Code: NDF400
10.
Lucky Creek CasinoUnited States

$3750 Match Bonus
  • $3750 Match Bonus
  • Wager: 60x B
  • Use Code: 375NDH
11.
Raging BullUnited States

$Unlimited Match Bonus + 50 Free Spins
  • 50 Free Spins
  • Wager: 30x B+D
  • Use Code: STARTER350
12.
Red Stag CasinoUnited States

$2500 Match Bonus + 500 Welcome Spins
  • 500 Welcome Spins
  • Wager: 30x B+D
  • No Code Required
13.
Slotastic CasinoUnited States

$300 Match Bonus
  • $300 Match Bonus
  • Wager: 30x B+D
  • Use Code: WINTASTIC
14.
Sloto Cash CasinoUnited States

$7777 Match Bonus + 300 Welcome Spins
  • 300 Welcome Spins
  • Wager: 25x B+D
  • Use Code: SLOTO1MATCH
15.
Slots EmpireUnited States

$1000 Match Bonus
  • $1000 Match Bonus
  • Wager: 35x B+D
  • Use Code: INFANTRY
16.
Slots of VegasUnited States

$2500 Match Bonus
  • $2500 Match Bonus
  • Wager: 5x B+D
  • Use Code: NEW250
17.
Spinfinity CasinoUnited States

$2500 Match Bonus
  • $2500 Match Bonus
  • Wager: 40x B+D
  • Use Code: WELCOME250
18.
Vegas Casino OnlineUnited States

$3000 Match Bonus
  • $3000 Match Bonus
  • Wager: 40x B+D
  • Use Code: IDBVEGAS
19.
Royal Ace CasinoUnited States

$Unlimited Match Bonus + 35 Welcome Spins
  • 35 Welcome Spins
  • Wager: 385x B+D
  • Use Code: STAR333
20.
Slotsplus CasinoUnited States

$10000 Match Bonus
  • $10000 Match Bonus
  • Wager: 50x B+D
  • Use Code: 400BONUS
21.
Ozwin CasinoUnited States

$4000 Match Bonus + 100 Free Spins
  • 100 Free Spins
  • Wager: 30x B+D
  • No Code Required
22.
Uptown PokiesUnited States

$8888 Match BonusNot available for UK customers
  • $8888 Match Bonus
  • Wager: 35x B+D
  • Use Code: POKIES1
23.
King Johnnie Casino United States

$6000 Match Bonus + 200 Cash Spins
  • 200 Cash Spins
  • Wager: 50x B
  • No Code Required
24.
WildCardCity CasinoUnited States

$5000 Match Bonus + 75 Cash Spins
  • 75 Cash Spins
  • Wager: See Casino
  • No Code Required
25.
21 CasinoUnited States

£300 Match Bonus18+ Only. T&Cs Apply
  • £300 Match Bonus
  • Wager: 35x B
  • No Code Required
26.
777 CasinoUnited States

£200 Match Bonus
  • £200 Match Bonus
  • Wager: 30x B
  • Use Code: WELCOME777
27.
7CasinoUnited States

500 Free Spins After Deposit18+ Only. T&Cs Apply
  • 500 Free Spins
  • Wager: 65x B
  • No Code Required
28.
888 CasinoUnited States

£100 Match Bonus18+ Only. T&Cs Apply
  • £100 Match Bonus
  • Wager: 30x B
  • No Code Required
29.
All Spins WinUnited States

€3000 Match Bonus + 100 Free Spins
  • 100 Free Spins
  • Wager: 35x B+D
  • No Code Required
30.
BGO CasinoUnited States

$300 Match Bonus18+ Only. T&Cs Apply
  • $300 Match Bonus
  • Wager: 40x B
  • No Code Required
31.
BitstarzUnited States

$10000 Match Bonus + 180 Welcome Spins
  • 180 Welcome Spins
  • Wager: 40x B+D
  • No Code Required
32.
Black Diamond CasinoUnited States

€6750 Match Bonus
  • €6750 Match Bonus
  • Wager: 35x B+D
  • No Code Required
33.
Bonza Spins CasinoUnited States

150 Free Spins After Deposit
  • 150 Free Spins
  • Wager: 35x B
  • No Code Required
34.
CasumoUnited States

£1200 Match Bonus + 200 Welcome Spins
  • 200 Welcome Spins
  • Wager: 25x B+D
  • No Code Required
35.
Energy CasinoUnited States

€200 Match Bonus
  • €200 Match Bonus
  • Wager: 25x B+D
  • No Code Required
36.
Fair GoUnited States

$1000 Match Bonus + 100 Welcome Spins
  • 100 Welcome Spins
  • Wager: 30x B+D
  • Use Code: WELCOME
37.
Fruitycasa CasinoUnited States

£100 Match Bonus + 10 Bonus Spins18+ Only. T&Cs Apply
  • 10 Bonus Spins
  • Wager: 35x B
  • No Code Required
38.
Grand Rush CasinoUnited States

$3330 Match Bonus
  • $3330 Match Bonus
  • Wager: 60x B
  • Use Code: 333LUCK
39.
Hello CasinoUnited States

€500 Match Bonus + 50 Bonus Spins18+ Only. T&Cs Apply
  • 50 Bonus Spins
  • Wager: 35x B+D
  • No Code Required
40.
Jackpot City CasinoUnited States

€1600 Match Bonus + 50 Free Spins18+ Only. T&Cs Apply
  • 50 Free Spins
  • Wager: 50x B
  • No Code Required
41.
Jonny JackpotUnited States

500 Free Spins After Deposit18+ Only. T&Cs Apply
  • 500 Free Spins
  • Wager: 35x B
  • No Code Required
42.
KarambaUnited States

£200 Match Bonus + 100 Welcome Spins
  • 100 Welcome Spins
  • Wager: 35x B
  • No Code Required
43.
King Billy CasinoUnited States

€1500 Match Bonus + 200 Welcome Spins
  • 200 Welcome Spins
  • Wager: 17x B
  • No Code Required
44.
Kings Chance CasinoUnited States

$10000 Match Bonus + 120 Free Spins
  • 120 Free Spins
  • Wager: 50x B+D
  • No Code Required
45.
Mansion CasinoUnited States

$5000 Match Bonus18+ Only. T&Cs Apply
  • $5000 Match Bonus
  • Wager: 15x B+D
  • No Code Required
46.
Monster CasinoUnited States

£500 Match Bonus + 50 Welcome Spins18+ Only. T&Cs Apply
  • 50 Welcome Spins
  • Wager: 30x B+D
  • No Code Required
47.
N1CasinoUnited States

€300 Match Bonus + 140 Free Spins
  • 140 Free Spins
  • Wager: 50x B
  • No Code Required
48.
Netbet CasinoUnited States

€200 Match Bonus + 50 Free Spins
  • 50 Free Spins
  • Wager: 30x B+D
  • Use Code: 50GRATIS
49.
Next CasinoUnited States

€250 Match Bonus + 100 Free Spins
  • 100 Free Spins
  • Wager: 35x B
  • No Code Required
50.
Omni CasinoUnited States

R3000 Match Bonus
  • R3000 Match Bonus
  • Wager: 25x B+D
  • No Code Required
51.
Planet7OzUnited States

$Unlimited Match Bonus + 50 Free Spins
  • 50 Free Spins
  • Wager: 30x B+D
  • Use Code: POKIES360
52.
PlayAmo CasinoUnited States

€3000 Match Bonus
  • €3000 Match Bonus
  • Wager: 50x B
  • Use Code: HIGHROLLER
53.
Pokie Mate CasinoUnited States

$3000 Match Bonus + 100 Free Spins
  • 100 Free Spins
  • Wager: 35x B+D
  • No Code Required
54.
Pokie SpinsUnited States

$10000 Match Bonus + 260 Free Spins
  • 260 Free Spins
  • Wager: 35x B+D
  • No Code Required
55.
Pokiez CasinoUnited States

$10000 Match Bonus + 150 Free Spins
  • 150 Free Spins
  • Wager: 35x B+D
  • No Code Required
56.
Roo CasinoUnited States

€5000 Match Bonus
  • €5000 Match Bonus
  • Wager: 20x B+D
  • No Code Required
57.
Silver Sands CasinoUnited States

R5000 Match Bonus
  • R5000 Match Bonus
  • Wager: 30x B+D
  • Use Code: V6M4A
58.
Slot Planet CasinoUnited States

£222 Match Bonus + 22 Bonus Spins18+ Only. T&Cs Apply
  • 22 Bonus Spins
  • Wager: 35x B
  • No Code Required
59.
Slotnite CasinoUnited States

€1000 Match Bonus + 200 Bonus Spins18+ Only. T&Cs Apply
  • 200 Bonus Spins
  • Wager: 35x B+D
  • No Code Required
60.
Spin CasinoUnited States

€1000 Match Bonus
  • €1000 Match Bonus
  • Wager: 50x B
  • No Code Required
61.
Spinia  United States

€250 Match Bonus + 50 Free Spins
  • 50 Free Spins
  • Wager: 40x B
  • Use Code: PINACOLADAt
62.
Tangiers CasinoUnited States

€5000 Match Bonus + 25 Welcome Spins
  • 25 Welcome Spins
  • Wager: 35x B+D
  • No Code Required
63.
True Blue CasinoUnited States

$3000 Match Bonus + 33 Free Spins
  • 33 Free Spins
  • Wager: 30x B+D
  • Use Code: TRUE200
64.
Wild Joker CasinoUnited States

$3390 Match Bonus
  • $3390 Match Bonus
  • Wager: 30x B
  • Use Code: 339LUCK
65.
Wink Slots CasinoUnited States

£600 Match Bonus + 80 Welcome Spins
  • 80 Welcome Spins
  • Wager: 30x B+D
  • No Code Required
66.
Woo CasinoUnited States

€300 Match Bonus + 200 Free Spins
  • 200 Free Spins
  • Wager: 40x B
  • Use Code: WOO
67.
Yako CasinoUnited States

€99 Match Bonus + 99 Free Spins
  • 99 Free Spins
  • Wager: 40x B
  • No Code Required
68.
Yebo CasinoUnited States

R12000 Match Bonus
  • R12000 Match Bonus
  • Wager: 40x B+D
  • Use Code: WELCOME150
69.
7Spins CasinoUnited States

$Unlimited Match Bonus
  • $Unlimited Match Bonus
  • Wager: 35x B+D
  • No Code Required
70.
Rich CasinoUnited States

€Unlimited Match Bonus
  • €Unlimited Match Bonus
  • Wager: 25x B+D
  • No Code Required
71.
XPokies CasinoUnited States

$2000 Match Bonus + 40 Free Spins
  • 40 Free Spins
  • Wager: 30x B+D
  • Use Code: WELCOMEX1

What is a Casino Deposit Bonus?

If you intend to deposit at a casino, a deposit bonus will help to boost your bankroll and increase your game time. It is a simple concept: when you make your deposit, the casino promises to credit your account with bonus funds. You can wager these bonus funds at the casino in the same way you can wager your own deposited funds.

It must be remembered however that the bonus you claim will be credited to your Bonus Account. For this reason the bonus is not technically real money. Until you meet the bonus’ wagering requirements, these funds will not be able to be withdrawn. More on this later.

How to Calculate Your Deposit Bonus Wagering Requirements

Working out how much you need to wager in order to withdraw your bonus is easy. All you need to know is the bonus’ wagering requirements, the amount you’ve deposited, and the value of the bonus you’ve claimed. Once you’ve gathered this information you can use a simple equation to figure out how much you have to wager before you can withdraw.

Here’s an example:

Energy Casino

Example: Deposit at Energy Casino Casino today! Click here.

Energy Casino are offering a 100% Welcome Bonus up to €200. This means that if you deposit €200, the casino will match your deposit by 100% in bonus credits. Overall, you will have €400 in credits to use on the casino’s games.

The wagering requirements for this bonus are set at 25x the value of your bonus. Therefore, to work out the sum total you have to wager before you can withdraw you have to use the following equation:

Total Value of Bonus (€200) x Wagering Requirements (25) = Sum total you have to wager before withdrawing (€5,000).

T&C’s apply.

Make sure you know what you’re claiming: Wagering Requirements aren’t the only restriction you have to be aware of. Often bonuses come with a variety of terms and conditions.

These include:

Time Limits – Make sure you wager your bonus before it expires!

Eligible Games – Many bonuses can only be wagered on stipulated games.

Maximum Bet Amount / Bet Size – If you exceed the maximum bet amount allowed you may invalidate your bonus!

Winnings Caps – It is often the case that you’re allowed to keep all of your winnings when playing with a bonus. Some casinos may limit the amount you are allowed to cash out. This is often the cause of disappointment, so be on the lookout for this rule! Fortunately our reviews highlight any such restrictions.

Regional Restrictions – Can you claim the bonus from your jurisdiction?

How To Choose The Best Online Casino Bonus For You

If you’re going to claim a Deposit Bonus there are a number of factors you need to consider beforehand. Just because a casino is offering a huge deposit bonus, it doesn’t necessarily mean that it’s a better bonus.

To help you find the perfect deposit bonus we’ve put together a handy guide:

How much do you want to deposit?

Before claiming a deposit bonus you have to decide how much you want to deposit or, more sensibly, how much you can afford to deposit. Online Casinos usually make their first deposit bonus far more lucrative than their second or third deposit bonuses. Make sure to find a bonus that aligns with your deposit amount; if a casino offers a deposit bonus up to £100, you’ll want to deposit £100 to receive the maximum bonus.

Is the bonus only as valuable as the casino you play at?

There’s no point claiming what seems to be a fantastic bonus if the casino itself isn’t very good. You don’t want to end up depositing at a casino just to find out that there’s no one you can contact, or enough games to keep you interested.

Before you deposit, check for these:

  • A valid license from a recognised gambling commission.
  • A solid reputation amongst players.
  • A great selection of games to play.
  • Payment methods you are able to use.
  • 24/7 Customer Support.
  • Designed to support your language.
  • Whether the casino has been optimised for your device.

Does the bonus come with fair Wagering Requirements?

This is important. If you’re going to claim a deposit bonus, make sure you’re aware of the bonus’ Wagering Requirements.

Before you claim it’s necessary that you ask yourself these questions:

Are the Wagering Requirements reasonable?

Do I have to wager the bonus and my deposited funds before I can withdraw my winnings?

Do I have to wager the bonus and my deposited funds before I can withdraw my winnings?

How To Maximise your Deposit Bonus

Working out how much you need to deposit to get the most out of your bonus can be difficult. As soon as the match bonus exceeds 100%, it isn’t immediately clear how much you need to deposit to maximise your bonus.

We’ll provide you with an easy to follow formula (with examples) so that you can work it out in no time at all:

100% up to £200 – How to Maximise your Bonus

The first thing you need to do is turn the percentage of the match bonus into a whole number. To do this, simply place a decimal point after the first digit.

Once you have done this it’s very straightforward – just use the following equation:

Maximum Bonus Available (£200) Percentage of Match Bonus (1) Sum total you have to deposit to receive the maximum bonus (£200)

125% up to £100 – How to Maximise your Bonus

This may look a bit trickier, but if you follow the same equation you’ll have no problems.
Let’s go through it together:

Maximum Bonus Available (£100) Percentage of Match Bonus (1.25) Sum total you have to deposit to receive the maximum bonus (£80)

50% up to £100 – How to Maximise your Bonus

For bonuses that will match your deposit below 100% you have to make a slight amendment to the equation. Rather than placing the decimal point after the first digit of the percentage, place it before the first digit.

For example:

Maximum Bonus Available (£100) Percentage of Match Bonus (0.5) Sum total you have to deposit to receive the maximum bonus (£200)

So long as you stick to this formula you will be able to work out how to maximise your bonus every single time you deposit. So get out that calculator and start playing like a pro!

The Most Popular Types of Casino Bonuses

No Deposit Bonus

No Deposit Bonus – A bonus you can claim without depositing any of your own funds.

When can you claim? – When first signing up to a casino.

No Deposit Free Spins

No Deposit Free Spins – A bonus you can claim without depositing any of your own funds.

These bonuses can only be wagered on slot games.

When can you claim? – When first signing up to a casino.

First Deposit Bonus

First Deposit Bonus – Upon making your first deposit the casino will credit your account with bonus funds.

When can you claim? – Upon making your first deposit.

Sign Up Bonus

Sign Up Bonus – A bonus you can claim without depositing any of your own funds.

When can you claim? – When first signing up to a casino.

Cashback Offers

Cash Back Bonus – After depositing and wagering your deposit the casino will credit your account with a percentage of your losses.

When can you claim? – After making a deposit and wagering the full amount, or after wagering a specified portion of your deposit.

Match Deposit Bonus

Match Deposit Bonus – After depositing the casino will match your deposit up to a certain percentage in Bonus Funds.

When can you claim? – Upon making a deposit.

Match Deposit Bonus (with added spins)

Match Deposit Bonus (with added spins) – After depositing the casino will match your deposit up to a certain percentage in Bonus Funds.

As well as this, they will also credit your account with Free Spins to be wagered on specific slot games.

When can you claim? – Upon making a deposit.

Loyalty Bonus – If you wager consistently at a casino you will be able to access exclusive benefits and promotions.

When can you claim? – After being deemed a loyal member by the casino you play at.

High-Roller Bonus

High-Roller Bonus – consistent, large deposits the casino will offer you exclusive perks and promotions.

When can you claim? – After gathering a reputation as a big-spender.

When To Not Play With a Bonus

Here’s what other sites won’t tell you: claiming a bonus isn’t always a good idea. Not all bonuses are as great as they pretend to be. Some bonuses come with Terms and Conditions so demanding that, honestly, you’d be better off playing on Free Play Mode.

All of the bonuses we list on our site have been evaluated by our team of industry experts to ensure that they are worth claiming. Yet, it’s good practice to get into the habit of knowing when you should and shouldn’t claim a bonus.

Typically, you should avoid any bonus if:

  • It comes with unfair or unreasonable Wagering Requirements.
  • It’s being offered by a casino with a bad reputation.
  • You want to get straight to winning real money!

In Conclusion: Casino Bonus Advantages and Disadvantages

Every bonus you claim should be the result of an informed, balanced decision. If we didn’t believe that the pros of bonuses outweigh the cons, we wouldn’t offer you bonuses in the first place.

However, for complete transparency we’ve listed the benefits and flaws of deposit bonuses:

Pros

  • Extra Funds
  • Prolong your game-time
  • Explore New Games
  • Your Deposit can earn you Loyalty Points

Cons

  • Wagering Requirements
  • Time Limits
  • Limited Eligible Games

FAQ’s

What is a forfeitable bonus?

A forfeitable bonus is a type of bonus you can forfeit at any time. Quite often, if you claim a bonus at a casino you have to play through the bonus and its wagering requirements before you can withdraw. Forfeitable bonuses attempt to curb this problem by allowing you to wager your deposit before you wager your Bonus Funds.

This type of bonus is fantastic – and we’re not exaggerating. The more control you have over you playing experience, the more you’ll enjoy it. Casinos that offer this type of bonus are being generous;

they allow you to play in the following way:

  • You begin by wagering your own, deposited funds.
  • If you are unlucky, and don’t win, you can then wager your bonus funds.
  • However, if you win using your deposited funds, you can withdraw your winnings immediately!
  • If this is what you want to do, simply forfeit your bonus funds: you don’t need them anymore, you’re already a winner!

As soon as you begin to wager your Bonus Funds you’re unable to withdraw your winnings without fulfilling the wagering requirements.

This type of bonus is becoming more and more common – especially in the UK. The UK’s Competitions and Market Authority (CMA) has started to put considerable pressure on the gambling industry to offer fair promotions. The CMA have recently stated that “players will not be required to play multiple times before they can withdraw their money.”

This is great news for players. Withdrawing your winnings has never been easier!

What is a Cashable Casino Bonus?

A Cashable Casino Bonus can more than double your winnings. If you fulfil a Cashable Casino bonus’ wagering requirements you’ll be able to withdraw your bonus as well as your winnings. The true benefits of Cashable Casino Bonuses are best understood with a comparison.

Let’s say you claim a $100 Bonus and you win $100 with it. You complete the Wagering Requirements and then you go to withdraw:

Using a Non-Cashable Casino Bonus you will be able to withdraw only the $100 you’ve won. The bonus funds will be removed from your account.

Using a Cashable Casino Bonus you will be able to withdraw the entire $200. You will be allowed to withdraw both the value of your bonus and your winnings.

As you can see, it’s always far more lucrative to play using a Cashable Casino Bonus. Finding them can be time-consuming because online casinos don’t always make it clear that their bonus is cashable in their Terms and Conditions. The best thing to do in this regard is to contact their customer support team and ask them directly.

What is a phantom bonus?

A “Phantom Bonus” is an industry term for a bonus that you can play with but can’t withdraw. If you do manage to fulfil the Wagering Requirements using a “phantom bonus”, the amount of the bonus you received will be taken back by the casino. Another synonymous name for them, which you might come across, is “Non-Cashable Casino Bonus”.

Why do casinos have wagering requirements?

Wagering Requirements were put in place to help stop Bonus Abuse. Online Casinos offer bonuses as an incentive to play at the casino, not to just give away free money. All players should approach Bonuses as an inducement rather than as a quick way to make money.

It needs to be remembered that online casinos are a business. It wouldn’t be a savvy move to be handing out free cash. Wagering Requirements allow casinos to offer bonuses as an inducement without having their profits too heavily affected.

What wagering requirements are considered to be fair?

Whether a bonus can be considered “fair” doesn’t depend so much on the amount of times you have to play through your bonus. If you receive £10 from a bonus and the Wagering Requirements are set at 50x, it may seem unreasonable to have to wager £500. But this is far more manageable than bonuses which seem more lucrative.

For example, if you receive a £300 bonus with a Wagering Requirement of 30x, it looks like a better offer. But when you do the maths, you realise that you’ll have to wager £9,000 before you can withdraw your winnings. If there is a Max Cashout of £300 then you’re having to wager huge sums for very little in return.

What is the expected value of a bonus and how do you calculate it?

A bonus’ Expected Value, or “EV” rating determines how likely it is you’ll profit from using the bonus. If you only claim bonuses with a positive EV you increase your chances of profiting from them in the long term.

To calculate the EV of your bonus you have to gather three variables:

  • The value of your Bonus
  • The Wagering Requirement
  • The House-Edge

How do you calculate the House-Edge?

To calculate the house-edge of the game you’re playing, the first thing you have to do is find out the game’s RTP% (Return To Player).

If a slot game comes with an RTP of 97%, it means that it will return, on average, 97% of the value of the the bets wagered.

This means that the house-edge is equivalent to 3%.

Once you have gathered these three variables, you have to use the following equation to calculate the EV of your Bonus:

The Value of your Bonus – (Wagering Multiplier x Bonus Amount) x The House Edge = Expected Value

What you should be looking for are Bonuses with a positive Expected Value. Let’s use two examples – one with a positive EV and one with a negative EV – to help illustrate the difference:

Negative Expected Value:

Let’s say that you claim a match bonus which promises to match your deposit by 100% up to £100. For the purposes of this example, let’s say that the bonus is eligible on a slot with a 97% RTP and the Wagering Requirement is 50x.

Your have to gather your variables as follows:

  • Value of Bonus = £100.
  • Wagering Requirement = 50 x 100 = 5000.
  • House-Edge = 3%, which as a whole number is equal to 0.03.

Using our equation, this works out as follows:

100 – (50 x 100) x 0.03 = -50.

As you can see, the EV for this bonus would be negative (-50). This is a bonus which, over the long term, would prove to be unprofitable.

Positive Expected Value:

Let’s say that you claim a match bonus which promises to match your deposit by 200% up to £200. The bonus is eligible, again, on a slot with a 97% RTP, but the Wagering Requirement is only 10x.

Firstly, we will gather the variables:

  • Value of Bonus = £200.
  • Wagering Requirement = 10 x 200 = 2000.
  • House-Edge = 3%, which as a whole number is equal to 0.03.

Using our equation, this work out as follows:

200 – (10 x 200) x 0.03 = 140.

As you can see, the EV for this bonus would be positive (140). This is a bonus which, over time, should prove to be profitable.

Where can I get the latest casino bonuses?

Right here, right now! Our team of industry experts are always on the lookout for the best online casino bonuses in the world. Thanks to their hard work, we are able to update our list daily with all of the latest casino bonuses.

Which is the best: A 100%, 200% or 500% casino bonus?

You can’t work out which casino bonus is best on the basis of their Match Percentage alone. Each individual bonus comes with its own, specific set of Terms and Conditions.

Before you choose a bonus, make sure to check it for:

  • Game Eligibility
  • Time Limit
  • Wagering Requirements
  • Max Cashout
  • Expected Value

Your bonus is only ever as valuable as the casino you play at. If your casino of choice doesn’t hold a valid license, or they have a poor reputation amongst players, you may encounter future difficulties.