A 200% cash bonus is an online casino promotion that rewards you with extra cash in the amount twice as large as your qualifying deposit. It is one of the most popular deposit match bonuses and is usually offered in the form of a welcome bonus, meaning that it’s only reserved for new users of a given casino site.
How Does a 200% Bonus Work?
The most important thing to understand about this kind of promotion is that it does not come in the form of real money. Instead, the funds you receive will be placed in your deposit balance, and you can only win real money from it once you’ve met the wagering requirements.
In other words, the casino will force you to wager using the offer up to a specified amount (usually between 30x and 60x the bonus value) before allowing you to withdraw.
Another thing to consider is the maximum limit that can be anywhere from a couple of hundred to a couple of thousand dollars. The amount you receive will depend on the height of your deposit. So, for instance, if you deposit $10, you’ll get a $20 extra; if you deposit $50, you’ll receive a $100 bonus, and so on.
The 200% casino welcome bonus will usually be unlocked automatically once your deposit goes through, although sometimes you’ll have to activate it yourself or use a corresponding voucher code.
A 200% offer is one of the most popular promos for Canadian players, and the reasons for it are obvious. This type of promotion takes what you’ve deposited, doubles that amount, and gives it to you in the form of bonus credits.