Deposit match bonuses are the most common form of online casino bonuses alongside free spins. While many online casinos choose to match your deposit by 100%, some of them are a bit more generous and this is where you’ll find 200% deposit match bonuses. As the name suggests, a 200 casino bonus is a deposit match bonus that has the online casino match your opening deposit by 200%. This is a huge advantage for new players as you’ll get double the amount of your first deposit along with the cash that you’ve put into your casino account.

There are many reasons why you should take advantage of this offer and one of the most obvious reasons is that it would extend your game time by a significant margin. Another reason is that you might be able to capitalize on this bonus cash if the wagering requirements of the online casino that you’ve chosen are favorable. With more game time and more money on the line, we found it necessary to take a deeper look at the best casino bonuses 200 that you can find. We’ll also be looking at how these match up against the 100% deposit match bonus and how these bonuses can be claimed.

100% Bonuses vs. 200% Bonuses

The majority of online casinos in Canada would either offer welcome casino bonuses that has a single 100% deposit match bonus or four smaller deposit match bonuses that decrease in value with each deposit that’s made. While this has become the standard, the presence of 200% deposit match bonuses is something that can be very enticing. So, how do the two match up? If you were to deposit C$100 to claim a deposit match bonus of 100%, then you’ll have C$100 + C$100 of bonus cash in your casino account, which isn’t a bad start.

However, if you deposited C$100 to claim a 200% deposit match bonus, you’ll have C$100 + C$200 in bonus cash in your casino account, which is better than the previous offer. However, let’s say that the amounts are increased to C$1000 and we factor in the wagering requirements that will need to be met. Then this becomes a different ball game.

A C$1000 deposit that’s matched by 100% would give you a total of C$1000 + C$1000 in bonus cash. With a 40x wagering requirement, you’ll need to play through C$1000 of bonus cash 40 times, which equals C$40,000, before you can withdraw your cash. With the same figures that we used above, the 200% deposit match bonus will provide you with C$2000 in bonus cash that will need to be played through 40 times and this equals C$80,000.

Hence, depending on the wagering requirement, it might not always be the best idea to make the maximum deposit with a 200% deposit match bonus. Simply because it won’t pay off, but if you’re only after the game time, then this is something you’d want to take advantage of. Overall, this teaches us that more bonus cash doesn’t always turn out to be a good thing.

The Best Online Casinos Offering 200% Bonuses

If you’re looking for a 200% deposit match bonus, the following online casinos might be a great fit as they are the best in their class. Check them out below.

How to Claim 200% Bonuses

Claiming a 200% deposit match bonus is quite easy as it follows the same concept as the 100% deposit match bonus. First, you’ll need to find an online casino that offers the bonus, and once that is done, you’ll need to register and make a deposit within the range that’s stipulated within the Terms and Conditions of the online casino. The deposit that you’ve made will be matched by 200% and the larger amount will be your bonus cash.

However, you will need to find out if any factors will prevent you from claiming the bonus offer. This is because some casinos will remove your bonus if you used a specific banking method. So, before the deposit has been made, take a closer look at the bonus terms and determine if it’s worth it. The same applies to the bonus wagering requirements, as it’s very easy to fall into a trap of having to wager through too much bonus cash.

Playing Slots with a 200% Welcome Bonus

The good news about the 200% welcome bonus is that 99% of the time, slots will have a 100% effect on the bonus wagering requirements as per the wagering contributions table that’s usually found in the Terms and Conditions of the bonus. The only thing that you would need to determine within the terms is the maximum wagering amount for each spin. This will make it easier for you to take advantage of the offer by betting the maximum amount that’s allowed.

Using the 200% deposit bonus is also a great way to discover the games that you like as it will take a long time to play through the amount that was provided. It’s also a good idea to find out if there are any restrictions on certain slots that you’d need to adhere to, as violating the terms of the bonus is a great way to lose the bonus cash and the winnings that you’ve made. While other games will have smaller effects on the wagering requirements of the bonus, it’s usually not worth it to play them. This is because you’d have to wager the same amount twice or more to have the same effect, and this is essentially a waste of time.

Final Thoughts

The 200% deposit match bonus is a great way to kick off your online gaming journey; however, this is a bonus that has the potential to do more harm than good depending on the online casino that you’ve joined. The first thing that you’d want to do before claiming the bonus is to take a thorough look through the terms and conditions of the bonus and if it’s a large amount with a wagering requirement above 40x, then it’s not worth it to deposit a large sum.

However, if you’re a player that doesn’t have a big bankroll to start and you’re looking to maximize the time that you have played online, then the 200% bonus offer will be great for you. Ultimately, it comes down to your priorities as a player and what you’re looking to obtain from the bonus.

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