If there is anything better than a 100% match bonus, it is a 200% casino bonus. Whether they are given as a welcome offer or as part of an ongoing promotion, these bonuses are highly attractive, we have to admit. They will triple your bankroll and allow you to enjoy your favourite casino games for a longer time. That means that you will have more chances of winning as well.
If you are interested in how 200% casino bonuses work and how to withdraw your winnings obtained from them, you have come to the right place. In this guide, we will discuss all the main aspects of 200% casino bonuses and the ways to make the most of them.
Why 200% Online Casino Bonus Offers?
On the internet, an avid gambler can be perplexed by a range of options when it comes to choosing a gambling site. This is due to the fact that there is a plethora of online casinos catering to players worldwide. All of them compete for players and welcome bonuses and promotions are incentives they use to attract them. These offers can vary and sometimes they can seem too good to be true.
With 200% welcome bonuses, online casinos provide their future customers with a hard to resist offer. No matter whether the amount you can claim is limited to $100, $500 or $1,000, the notion that you will receive an amount of free cash that is twice as bigger as the one you have deposited is irresistible. By accepting such a bonus, you will give your bankroll a boost and have more money for wagering on your favourite games. It is as simple as that.
Casinos With 200% Casino Bonus Offers
How Do 200% Welcome Bonus Offers Work?
These bonuses are deposit-based, meaning that you need to fund your casino account in order to receive them. The gambling site will state a maximum amount you can get and a minimum deposit you have to make to qualify. If a 200% casino bonus is given as a welcome bonus, you will have to create a casino account and complete the sign up procedure. Some online casinos may require a bonus code you have to submit upon making a deposit to redeem the bonus. These codes will be clearly stated on the casino website, so follow the instructions and simply claim the bonus offer. The funds will be added to your casino account as soon as you make a deposit and complete the procedure.
Gaming establishments can also give 200% bonuses as part of ongoing or recurring promotions. In this case, you should visit the Promotions page and follow the instructions given on it. Sometimes, these bonuses are part of a bigger bonus package, meaning that you can claim them only in the given order. For instance, you may be required to redeem a 100% bonus first to unlock a 200% bonus.
How Can You Withdraw Your Winnings from a 200% Casino Bonus?
This is the tricky part of 200% casino bonus offers. Although they may seem the best deal ever, there are a few things you have to pay attention to. They include cashout limits and so-called wagering requirements. The latter represents the number of times you have to play through the bonus in order to turn it into withdrawable cash.
A wagering requirement or playthrough can be a deal breaker no matter how appealing the bonus offer may be. It is given in the form of a multiplier that applies to the amount you are given. What this practically means? If you are given $100 on your deposit, you may be required to wager this amount 35x before you can clear the bonus from your account. That means that you need to wager $3,500 in real money to unlock the funds you have won while wagering bonus money.
Now, wagering requirements differ from casino to casino. At certain casinos, the 200% bonus can be subject to wagering requirements of 40x while at others, wagering requirements are set at 40x the deposit plus bonus or even higher. We can say that a wagering requirement is the most important thing you need to check out before you claim a 200 casino bonus. Anything above 40x the bonus is too demanding as you don’t want to risk thousands in real cash to unlock your winnings obtained from free money.
Another thing you should pay attention to is the list of the games you can play to meet the wagering requirement set by the casino. Wagers on different games contribute to a playthrough at a different rate, so to turn your bonus funds into real cash as fast as possible, play those that contribute at a rate of 100%. Typically, these games are slot machines, scratch cards and other games based on pure luck. Keep in mind that wagers on the games that involve certain skills contribute at a lower rate. If you are a Blackjack or Poker enthusiast, you will have to wager more cash than a slot player as bets on these games contribute 25% or at a lower rate towards the wagering requirements. The same applies to live dealer games.
Although the idea of increasing your budget by 200% may seem compelling, bear in mind that there is no real free cash here. You can use bonuses to play your favourite games, but when it comes to cashing out, you will have to risk your hard earned money to be able to release them. Before claiming a bonus, always visit the Terms and Conditions page and check out the casino’s bonus policy. Don’t forget that you should sign up with reputable gaming venues only no matter how attractive bonus offers other online casinos may have.