Information about 100% Deposit Bonus - UK Casino Bonuses - June 2022

Contents

The 100% deposit bonus is one of the most common bonuses in the online gambling sector. It’s the gambling equivalent of a “buy one get one free”, a “double your money” proposal that leads to millions of memberships every single year.

But how does the 100% casino deposit bonus work, why is it so common, and how can you get the highest possible return using this bonus?

What is a 100% Deposit Bonus?

The 100% deposit bonus is also known as a “matched deposit bonus”, as it matches your bonus with a percentage of additional credits, in this case, 100%.

This means that if you deposit £50, you’ll get an additional £50 for a total of £100. Simple, right? Well, yes, but there are some terms that can complicate things if you’re new to these bonuses.

What are the 100% Deposit Bonus Terms?

The most important 100% deposit bonus terms are usually listed in the promotional materials, often as small print on the bottom of the banner/email/text. This doesn’t paint a complete picture, though. Before collecting the bonus, look for a link to the full terms and conditions and keep an eye out for the following:

Minimum Deposit and Maximum Bonus

These two terms are usually the first ones you see and are typically included in the main bonus text. It will often look something like this:

100% Deposit Bonus (up to £100). Min. £10

This means that you must deposit at least £10 to qualify for the bonus and every penny you deposit between £10 and £100 will be doubled. If you deposit more than £100, you will receive the maximum bonus payout of £100.

The minimum deposit amount is key, as many casinos have a general minimum deposit that’s lower than the bonus minimum deposit. This means it’s possible to make a valid deposit that’s accepted by the site but isn’t large enough to qualify for the bonus.

Wagering Requirement

Wagering requirements are used to prevent you from collecting the bonus and withdrawing it as cash. This term requires you to wager your bonus a specific number of times before it’s transferred from your bonus balance to your real money wallet.

The wagering requirement is often listed as a multiple, such as “50x” or “65x”. But it’s not just the number that you should be focusing on.

Wagering requirements can apply to the bonus amount, the deposit amount, or both. Where 100% bonuses are concerned, you could end up chasing twice the amount than you realise, so it’s important to know where you stand.

Wagering Contributions

Not all games are treated equally when it comes to the wagering requirement.

More often than not, progressive jackpot slots are not included. You can still play them while your bonus is active, but none of those spins will count toward your wagering requirement. Table games and Live Casino games often count for very little or nothing at all.

For a full list of restricted games and specific wagering contributions, check the bonus terms and conditions.

Caps and Time Limits

A winnings cap doesn’t prevent you from winning more than a certain amount. If there is a cap of £200, you can still win £1,000 playing slots or table games. But just because those funds hit your account doesn’t mean you have found a loophole.

The cap actually comes into effect when the wagering requirements have finished (either because you met them or the time elapsed), at which point all money above the cap will disappear.

Winnings caps are included on many casino bonuses, but they’re more common on free spin bonuses than 100% deposit bonuses. Still, it’s worth checking out for them, as it could save you a lot of disappointment.

Time limits govern when you should use the bonus and when you must meet the wagering requirement. The former is usually fixed at no more than a week while the latter typically runs for 30 days.

Limitations and Restrictions

There may be restrictions on which games you can play with your bonus and which payment methods you can use to collect them.

Where UK casinos are concerned, it’s common to see bonuses that exclude Neteller and Skrill payments. PayPal and PaysafeCard payments may also be excluded.

If you make a deposit with one of these methods and it’s excluded, the funds will hit your account but the bonus won’t. At that point, you’ll no longer be a new player (bonuses often class “new players” as those making first deposits), so you can’t simply repeat your deposit with an accepted method.

How Can Casinos Still Profit While Offering This Bonus?

Although it seems like this offer is a little too good to be true, it’s actually very carefully balanced to ensure that the casino always comes out on top.

That doesn’t mean you will lose all of your money every single time. If that were the case, there would be no new players, no new interest, and the gambling sector would collapse. It means that the casino doesn’t care if you win big, as the next guy will lose.

That’s a very simplistic way of looking at things, but casinos offer these promotions because they’ve done the math and know they will profit in the long run.

Advertising also plays a role. As an online gambler, you are a very valuable commodity and there are a lot of companies out there competing for your clicks and your engagement. Huge sums are spent on advertising campaigns that reduce the amount of time you take to make up your mind and increase your likelihood of signing up.

If a 100% deposit bonus can do both of those things and guarantee your business, it’s a worthwhile investment.

How to Get More from a 100% Bonus

The first thing you should know about 100% deposit bonuses is that they can differ greatly from site to site. Just because you accepted one bonus without issue, doesn’t mean you’ll have the same experience with another.

Most negative casino reviews revolve around bonus terms. Many players just get the wrong end of the stick and then react angrily when things don’t go their way. Others misread or ignore the terms. This is not one of those times when the company will understand your mistake/ignorance and then let you off the hook.

We can only think of 2 occasions in which that has happened, and we have collectively joined, reviewed, and used hundreds of gambling sites.

So, the first thing you should do is check the terms to ensure you don’t make these mistakes.

It’s also may be beneficial to play games that offer the highest RTP or the lowest house edge, assuming they are included in the wagering contributions.

Other than that, the only advice we can give you is to try and enjoy yourself!

Where Can I Find a 100% Casino Bonus?

You can collect 100% bonuses from all of the casinos and bingo sites listed on this page. The exact terms differ, as do the games and features on offer, but they all have this bonus and are worth checking out.

If you take a peek at the offer/promotion pages of these sites, you may discover some other worthwhile bonuses, as well. Including loyalty offers and no-wagering free spin bonuses.

100% Deposit Bonus - UK Casino Bonuses - June 2022 FAQ

  • Are 100% Deposit Bonuses Common?

    These bonuses are some of the most common in the online casino sector, and that has been the case for a number of years.

  • Is This Bonus Only Available On Online Casinos?

    The 100% deposit bonus is also common on sportsbooks, although the maximum amount is usually much smaller. Sportsbooks operate a little differently from casinos. The profit margins are much smaller and there are huge market swings that can seriously alter their profit forecasts. As a result, they tend to be less generous when it comes to bonuses and promotions. You can also find 100% deposit bonuses on bingo sites and even on poker sites, though where the latter is concerned, the money is usually released steadily and is based on the player’s accumulated rake.

  • Can I Collect This Bonus On My Mobile Device?

    These bonuses are not restricted to specific devices or platforms. You should be able to collect them regardless of what platform you use.

  • Are 100% Deposit Bonuses A Scam?


    It depends on how you define a scam. If you’re expecting the casino to double your money with no questions asked and you label it as a scam when it doesn’t, then sure. But it’s ridiculous to expect such a thing and a casino is definitely not a scam just because it doesn’t give you free money. If you’re asking whether scam sites offer this bonus, they do, and there are a few of them out there. We have vetted all of the sites hosted on Bingo Paradise so you can be confident that none of them are scams, but we can’t vouch for all casinos on the web. To make sure you’re dealing with a legitimate site, always check that it is regulated, certified, and secured, while also making sure it works with respected developers and payment providers.

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