200% Deposit Bonus
If you’ve ever gambled online you’ve likely come across online casinos offering introductory bonuses that read something along the lines of ‘get 200% up to $100 on your first deposit’.
Throughout this page, it’s our goal to highlight precisely what that means, where you obtain such promotions and what you’ll need to do to claim them. So, if you’re interested in bolstering your bankroll be sure to read on.
Best Online Casinos With A 200% Welcome Bonus
Below, our team of experts has compiled a list of the top online casinos where 200% welcome bonuses are currently available. Simply select your favourite and click the respective link to head directly to your chosen site.
- Four-part welcome package
- Excellent range of casino games
- Solid payment methods
- First deposit match: 100% up to €500 & 200 free spins
- Use the code: PLATIN1
- Get rewarded for first 4 deposits
- Four deposit bonuses
- First deposit 100% matched up to $1,500
- Plus 150 free spins
What Is A 200% Welcome Bonus?
Ultimately, welcome bonuses are designed to attract new players to a site by offering them additional funds on top of their first deposit. These promotions allow you to experience a wider range of what the casino offers in terms of game selection whilst you learn whether or not it’s the right fit for you.
Of course, like any casino bonus, introductory offers vary from one site to the next due to the competitive nature of the industry. Therefore, it’s always worth shopping around before committing to see what’s currently available. With that in mind, we’ll look at the specifics of the 200% welcome bonus to see what it means in purely financial terms.
By claiming a 200% welcome bonus, you’ll effectively be trebling the value of your first deposit up to a specified limit. For example, if an offer is advertising 200% up to $100 and you deposit the maximum $100, the casino will award you with an extra $200 in bonus funds, bringing your total balance to $300.
What you’ll need to bear in mind, however, is that certain terms and conditions will, unfortunately, apply. You’ll undoubtedly run into specific wagering requirements that you’ll need to meet before any of your bonus cash is converted into real money – don’t worry, we cover the specifics of what you’ll need to do further down the page. Additionally, certain bet limits and validity periods will also crop up so you’ll need to check the bonus T&Cs beforehand to see the complete picture.
Do All Casinos Offer A 200% Deposit Bonus?
Depth of choice is paramount when it comes to selecting casino bonuses and our list of available offers highlights a solid number of options at your disposal. That being said, you won’t find such generous promotions at every online casino. If perhaps none of the sites we’ve listed above feel like the perfect fit, we also have a huge variety of alternatives for you to check out on our 100% welcome bonus page.
One underlying aspect you’ll need to consider, irrespective of the size of the bonus you claim, is that you will be required to make a real money deposit to be eligible. If that’s something you’d prefer to avoid, there are alternatives such as the no deposit bonus that can provide free cash or free spins for the simple act of creating a new account but, of course, these are much harder to come by.
Is A 200% Welcome Casino Bonus Just For New Players?
As a rule, yes. The initial welcome bonuses that online casinos advertise are aimed specifically towards new players. This means that if you have a preexisting account, you will not be eligible to receive the offer.
However, they can be part of an extended welcome package that includes additional rewards on subsequent deposits. Provided you still meet specific requirements, you may yet be able to earn additional deposit bonuses or further reload bonuses.
Game Selection
Generally, you can use your bonus funds to play most of the casino games in the site’s library. You won’t face as many restrictions compared to when you utilise other offers such as no deposit bonuses and free spins. You should remain conscious of the maximum bonus bet limit, however, as any bets you place exceeding the designated cap will not contribute towards wagering.
Additionally, some welcome bonuses include a free spins element which is separate from your bonus funds. This gives you even more of an opportunity to try out certain slots for a chance to win extra cash.
How To Claim A 200% Welcome Bonus
Claiming this type of offer is a relatively straightforward process. However, those of you who are newer players may be unaccustomed to how it works. As such, we’ve provided a step-by-step guide below to help you get started.
Is The 200% Welcome Bonus Right For Me?
With so many different bonuses readily available, how do you decide if the 200% deposit casino bonus best suits your needs? Well, there are several pros and cons you’ll need to consider before taking the plunge and to help you do so we’ve provided a table containing several important factors below.
If you’ve concluded that this offer isn’t right for you, we recommend you check out our other bonus pages for no wagering bonuses, no deposit bonuses and a wide array of bonus codes – we constantly keep them updated, so there should be something that suits your needs.
Pros
- Treble your first deposit
- Other bonuses such as free spins may also apply
- You can play an array of games with your funds
Cons
- Requires deposit to be made
- Less common than other bonuses
- Wagering requirements can be strict and hard to complete
Wagering Requirements And 200% Welcome Bonuses
If there’s one inescapable truth it’s that there always tends to be strings attached to promotions that grant free cash. In relation to casino bonuses, the most prevalent T&C relates to wagering requirements as this plays a huge role in your ability to convert your bonus funds into real money. This particular hurdle dictates how many times you need to wager your bonus funds before you’re eligible to withdraw anything that remains.
To put this into context, we’ll provide an example: a 200% up to $100 bonus that comes with a 35x wagering requirement.
If you were to deposit the maximum $100 and the wagering requirements solely apply to your bonus funds, you would need to wager a total of $7,000 (35x [wagering] x $200 [total bonus funds received]) before you could request a withdrawal for anything that remained.
Clearly, this is a substantial obstacle to overcome and it may not offer casual players a realistic chance of turning their bonus into real money. Therefore, we advise that you carefully analyse the T&Cs of each offer before making a deposit.
Gamble Responsibly
Given the availability of these offers, you could be tempted to claim one, use it and then move to another site to repeat the process. Although that’s not necessarily a bad idea, it can lead to a slippery slope if you start to gamble outside of your means.
That’s why it’s imperative to take responsible gambling precautions and maintain tight control over your budget. If you ever have concerns about how much you’re spending there are plenty of preventative tools at your disposal including deposit limits, time-out options and self-exclusion features.
Frequently Asked Questions
If our page has left you wanting to know more about claiming a 200% deposit bonus, then our questions and answers below should have you covered.
This is an introductory casino offer that enables new players to effectively treble the value of their first deposit. Once you’ve created a new account at a participating casino, you’ll be eligible to receive the bonus funds provided you meet the specific criteria found within the terms and conditions.
200% bonuses are somewhat harder to come by than less generous offers but there are still plenty to take advantage of. Our experts have compiled a list of top online casinos on this page where they’re currently available, which you can use to compare the various offers.
The main advantage of claiming a 200% welcome casino bonus is that you’ll receive more funds to play with. Furthermore, this allows you to either play your preferred games for longer or try out other titles you may not typically lean towards. Conversely, the downside is that the accompanying wagering requirements may present issues when it comes to converting your bonus funds into real money, thus making withdrawals less of a possibility.
