So now, the important question is, why do we then settle for a 200% deposit bonus? Why not 300% or 100%? Would a 800% match-up bonus not be extremely advantageous for players? This section shall address these questions. Aforementioned in the last part of the previous section, I stated that there are usually certain terms and conditions attached to withdrawing these funds. The reason for putting such terms and conditions is pretty straightforward.
The fact that the online casino has deposited a 200% match up bonus into your account, in a way would simply mean that you have already profited 200% from your initial capital. Therefore, without restricting or setting various terms and conditions on withdrawing these funds, new players would simply deposit their funds, earn the bonus, and thereafter withdraw their funds from the online casino. As a result, the operator loses a significant amount of money merely from this transaction.
Of course, the online casino also knows that it is crucial that players are able to withdraw their earnings. Otherwise, they will definitely lose their players over a period of time. Therefore, as a balance, online operators have put in place several terms and conditions that one has to fulfil before you are allowed to withdraw your funds. Such restrictions include the minimum number of times that one has to wager on be it on a specific game or in general.
Therefore, a casino that offers a higher percentage of match-up bonus usually has more terms and conditions attached to it. Based on years of experience, 200% deposit match is the sweetest spot where the terms and conditions are manageable, and yet players get a reasonable amount of bonus.
There are many online casinos not on gamstop out there offering a 200% deposit bonus because that is sort of like the market rate out there. Online casinos also know that players would not fancy having too many terms and conditions attached to withdrawing these bonuses. Therefore, based on their respective cost-benefit analysis, online casino operators have found 200% deposit match a reasonable figure that takes into consideration both the interest of players as well as the online casino operators.
Therefore, as a player who is excited about getting such bonuses and is looking to expand my profits quickly, I do pay a lot of attention on the bonus that I am getting. However, I also understand the concerns of online casinos. 200% bonus is a reasonable number and I tend to look out for that as a criteria when hunting for an online casino to play on.
THE PROS AND CONS OF A 200% CASINO BONUS
Now, let me take you through the details to validate everything that I have stated above. Based on research, Casino X offers 200% match up bonus with a wagering requirement of 20x. This means that players have to place bets for at least 20x with each bet being a minimum of $10. Assuming that a player deposits $100, he will be getting a total of $300 playing credits. With a $10 minimum bet, the player can potentially lose a total of $200, allowing the player to withdraw the remaining $100. On the other hand, a casino offering a 300% match up bonus has a wagering requirement of 40x. Assuming everything being the online casinos that accept skrill same, the player would be left with nothing to withdraw assuming that he loses everything.
Advantages of a 200% Deposit Match Up Bonus
In the next two sections, let me summarise the various pros and cons that I have listed in this entire article. This will allow players to deliberate on whether such bonuses are something that they should be looking at as a requirement when selecting an online casino.
