UK Casinos with 200% Matched Deposit Bonuses

There’s no disputing the fact that a 200% first deposit welcome offer is a head-turner – which, of course, is its intention. The online space has become very crowded and both established and new casinos are seeking ways to outdo the competition in an attempt to attract new customers.

But are all 200% welcome bonuses equal? What do you need to be aware of in order to claim the best deal available? Is a 200% casino bonus always twice as good as the 100% offer? Find out here as we explore this increasingly popular online casino bonus.

How does a 200% welcome bonus actually work?

It’s very straightforward. This bonus will most likely be directly connected to your first deposit into the casino. So, if you make a deposit of £100, you’ll receive £200 in bonus cash, which will give you £300 in playable funds.

Factors to consider

Understandably, all 200% casino welcome bonuses will come with a set of terms and conditions. These will vary between sites and will contain all of the information that reveals the true value of your welcome bonus. TopRatedCasinos.co.uk advises reading through the terms to understand the deal before you sign up to any offer. All our featured casinos are UKGC licensed, and are required to clearly state the terms without any ambiguous language. This means that, even if you’re brand new to online casinos, you’ll be able to assess a casino’s merits. These are some of the key areas you should pay special attention to.

How are bonus funds used?

You could be forgiven for thinking that, if you claim a tasty 200% casino bonus, you’ll be able to jump on your favourite slot games and instantly start playing with the casino’s money. Unfortunately, that’s not quite how it works.

Some casinos will state that real money (your deposit) must be used before the bonus funds. Other casinos, such as Casumo, use a ⅓ bonus funds, ⅔ real money system starting from your first wager. Why is this important? Because you only clear the wagering requirement using the bonus funds.

Payment methods

While the majority of casinos featured on our site offer players a variety of different payment methods, including Visa and PayPal, it’s worth checking the terms for any deposit exclusions. For example, some casinos exclude e-wallet deposits, such as Neteller and Skrill, from their deposit-related welcome deposits. So, step one to claiming your 200% welcome bonus is to ensure that the payment method you intend to use to fund your account is eligible for the bonus.

Minimum and maximum deposits

To activate the bonus, you’ll be required to deposit a minimum amount of money, which will vary between casinos and should be highlighted in the terms of the offer. However, there’ll also be a maximum limit to the bonus cash you can claim. Let’s take a look at a typical example to help you understand what you’d get for different deposit denominations.

Example: 200% up to £1,000 first deposit welcome bonus. Min. deposit £10

• Deposit £10 + £20 in bonus cash = £30 to play with
• Deposit £200 + £400 in bonus cash = £600 to play with
• Deposit £500 + £1,000 in bonus cash = £1,500 to play with
• Deposit £1,000 + £1,000 in bonus cash = £2,000 to play with

As you can see, you’re able to deposit more, but the maximum amount of the bonus remains the same.

Wagering requirements

A welcome bonus this good rarely comes without wagering requirements specifying how much money you need to wager in the casino before you’re able to make a withdrawal. For deposit match bonuses, online casinos can apply playthrough requirements in two different forms:

• Wagering requirements are for bonus funds only
• Wagering requirements are for deposit + bonus funds

So, you may see an offer which has a 25x deposit + bonus funds wagering requirement, and another other which has a 40 times bonus funds-only wagering requirement- the value of each offer differs significantly. The calculations for this, with a 200% welcome bonus are as follows:

• Deposit £100 + £200 in bonus cash = £300
  Wagering is 25 x £300 (deposit + bonus funds) = £7,500 wagering requirement
• Deposit £100 + £200 in bonus cash = £300.
  Wagering is 40 x £200 (bonus funds only) = £8,000 wagering requirement

When assessing the wagering requirements, you must also consider the true value of the bonus. You may be prepared to accept slightly higher wagering if you get to keep the initial bonus cash over an offer which only allows you to profit from the winnings.

Time restrictions

You’ll be limited in terms of how much time you have to clear wagering requirements before the bonus, and any winnings you’ve made from it, expire. Once again, these time limits will vary between casinos, and can be anything from a handful of days to as many as 30.

Maximum bet limit

When you’re working towards clearing the wagering requirement, the amount you can wager is likely to be capped. It’s important to be aware of these caps, as betting higher than the limit may revoke the bonus funds, causing them to be removed from your account. Take time to understand these limits before you sign up to an offer to avoid any surprises.

Game weighting

Not all games will contribute equally to clearing the playthrough requirements, so you need to choose games wisely if you’re looking to satisfy these requirements. Most slot games will contribute 100%, so for every £10 wagered, £10 is cleared from the wagering amount. However, table games like roulette and blackjack may only contribute 10% or 20%, while others may be totally excluded. This is essential information and it can be found in the T&Cs, so check it out.

Ready to claim your 200% casino welcome bonus?

Now that you know what the 200% casino bonus is all about, and the different factors to consider when weighing up an offer, you’re ready to claim yours. Check out our list of top UK casinos offering this deal, then compare the terms and conditions and find your favourite. Then, simply sign up, claim yours and start playing!