A match bonus is a great way to boost your bankroll and offers you unique betting opportunities like match betting. There are many different match bonuses on offer as sportsbooks try to stand out from one another. All the choices can get confusing. That’s why our experts have put together this guide telling you everything you need to know about match bonuses. The benefits, terms, and more, will all be explained.
What is a Match Bonus Offer?
As with most welcome bonuses, a match bonus requires a deposit. Other bonuses will reward you with a set amount once you deposit. Match bonus rewards come directly as a percentage of what you deposit. There will be an upper limit to this, but you can double your bankroll in some cases.
For example, let’s say a sportsbook is offering a 100% match bonus on deposits up to $500. That means if you deposit $500, you’ll receive $500 in bonus funds. This would give you a pot of $1000 of which to stake. Having lots of funds to play with is especially useful for match betting.
Your account balance may swell after redeeming one of these offers, but there is still a difference between your wagering amount and bonus funds. You will be stopped from withdrawing your bonus funds until you complete the sportsbook’s wagering requirements. Wagering requirements refer to the number of times you have to wager your rewards until you can withdraw. This can make match betting with these bonuses a little tricky, as your initial wager will not fulfill the wagering requirements.
How to Maximize a Match Bonus
Match bonuses can make your gambling a lot more fun but aren’t a guarantee of making money. Of course, match betting can ensure your first bet returns some profit. However, wagering requirements mean that you will have to take some risks after this.
That’s where our experts come in. Although we can’t assure your profits, we can give you tips so you can get everything out of the match bonus possible.
Shop Around for the Best Match Bonus Available
There are many US sportsbooks you can choose from depending on which state you’re in when playing. That means there is a lot of choice between match bonuses. Don’t just jump at the first bonus with a big number on the front. Take your time and study each offer. Low wagering requirements are essential for match betting, so look out for this rather than just the bonuses to which you’re entitled.
Read the Bonus Terms and Conditions
As a part of your investigation of the best match bonus offers, be sure to read the terms and conditions thoroughly. Some sportsbooks have unique terms and conditions that can completely change the value of a match bonus.
Our experts have highlighted some of the most important terms and conditions you should consider when choosing a match bonus for betting.
- Expiration Dates: Sometimes, match bonuses have to be used in a certain amount of time, or the sportsbooks will remove the reward. If you are planning your match betting for the future, be sure you redeem a bonus that will let you do so.
- Payment Methods: It’s always good to know what payment methods are available at a sportsbook, but some offers are only available to redeem when using a particular method. If an offer excludes your preferred payment option, you may want to find another.
- Maximum Bonus Amount: These offers will always have a cap on the maximum deposit that is rewarded. If you are looking to play with big money, you’ll want a bonus which has a high maximum.
- Minimum Deposit And Betting Amount: This works the other way, and there will be a minimum you have to deposit before you can access your rewards. This may not be the minimum deposit of the sportsbook, so be sure to check this.
- State Availability: Sportsbooks try to cater to as many states as possible, but sometimes offers are limited to particular states. If you are not playing in one of the states in which the bonus is available, you won’t be able to redeem it.
Legal Match Betting in the US
Match betting is the process of using two sportsbook welcome bonuses to back both sides of a wager to make sure you always come out with a profit. This practice is perfectly legal, much like sport betting in the US itself. Online sports wagering became legal in 2018 when the US Supreme Court struck down the PASPA. This gave states the right to legalize online sports betting as they saw fit, and many have done so.
If you want to try match betting with match bonuses, you’ll have to be within the state borders of one of these states. You will also have to be of legal gambling age.
