If you’re looking for a convenient way to boost your bankroll so that you can explore the features of a betting site and maybe even stand a chance at a win, a deposit match bonus might be for you.
Many of the best betting sites have deposit bonuses as part of the welcome offer, as well as for regular players. It’s important to understand exactly how these bonuses work before you claim them, as some come with a whole lot of T&Cs. Read our full guide below for everything you need to know about deposit offers.
A deposit match awards a certain percentage of your first deposit (or other qualifying deposit if it’s a regular player offer) as bonus money that you can use to bet. An example of this is that if you get a 100% matched offer and you deposit $100, you’ll have a total of $200 to bet with.
Most deposit match offers come with their own unique set of T&Cs, but the mechanism to claim is largely the same – make a qualifying deposit, and the bonus will be added to your account immediately. Matched offers have the edge over other promos like money back and free bets, because they’re awarded quicker, and you can use them for a greater range of bets.
With a basic understanding of what a deposit match bonus is, let’s get straight to what you came here for; these are some of our top recommendations for the best betting sites that have deposit match promos:
bet365 has over 80 million players worldwide, so you’ve probably heard of this household name in gambling. The deposit match bonus at bet365 is a great way to get started at this global giant, as it’s essentially worth 300% of your initial stake. When you create an account and deposit and wager just £5, you will receive £15 in free bets. These bets are available for a huge range of sporting markets, including soccer, tennis, golf, and a host of other popular sports.
To maximise this promotion, you can deposit and wager up to £10 for £30 in free bets. Currently, the bet365 match deposit bonus is available to UK and Nigerian customers, while slightly different offers apply to those betting in the US and Canada (excluding Ontario). Ultimately, the bet365 welcome bonus is a great starting bet, particularly if you are new to betting and are willing to dip your toes in without too much commitment. The minimum deposit for the welcome offer shouldn’t cause any financial strain, which keeps the thing light so that you can decide if betting is worth the fun.
New Betway customers in some regions like Canada can expect a deposit match of up to $200 to get started with sports betting. Nigerian customers can also receive a matched deposit at Betway similar to that of Canada’s, while UK customers can receive a £10 free bet as a matched deposit. One of the reasons that we like Betway’s welcome bonus is that there is a range of promotions, depending on the region that you live in, and you get to choose the offer that suits you best rather than being limited to just one.
For instance, if you’re not keen on the UK matched deposit, you can receive £30 in free bets if your first bet loses. And in Canada, you can opt for a free bet refund on your first losing bet, while in Nigeria you can split your bonus between the sportsbook and the casino, if you like a little bit of both worlds. In all scenarios, after accessing the welcome bonus, you can use the free bets to place wagers on all of your favourite sports – there are also lots of e-sports markets available at Betway. Overall, Betway is another excellent sportsbook with a decent matched deposit promotion for new customers, and it’s definitely worth accessing.
N1Bet has regular betting bonuses available, not just for new players but for existing players, too. In both Canada and Nigeria, you can kickstart your gambling at N1Bet with a 300% deposit match, which is one of the most generous matches we have seen as of late. For instance, in Nigeria, you can access a ₦1,000,000 + 10% No-risk free bet up to ₦500,000 when you create an account. The terms are slightly different in Canada, but you can access up to 5,000 EUR in promotions when you create an account and work through the various promotions available.
Another thing that regular bettors love about N1Bet is the weekly cashback promotion, which delivers 15% cashback when you deposit up to 100 EUR every monday. In combination with the welcome bonus, there is huge potential here for getting extra value on all your original deposits, which goes to show how the sportsbook is trying to help create a sustainable betting experience on their site that rewards your interactions.
It’s pretty easy to claim the best betting sign up offers, especially when they’re as simple as a deposit match promotion like the ones we recently discussed. Here are the simple steps you need to follow to access a matched deposit promotion at an online sportsbook:
Our reviews should have helped you make up your mind, but make sure you do all of your research and choose the right sports betting site for you. We have more sportsbook reviews on our site if our favourites here don’t quite hit the mark for you.
It only takes about two minutes to sign up at most sports betting sites. Enter details like your name, email address, address, date of birth, and mobile number, and verify your account if required.
During the signup process, you might need to choose the offer you want (as some sports betting sites have a few options), and you may need to enter a code here or at the cashier stage.
Head to the cashier section and select one of the supported payment methods. Make sure you deposit the required amount to claim the offer and use one of the valid payment methods.
The great thing about deposit match offers is that you don’t usually need to place any bets to get them – the bonus cash should be credited to your account as soon as you’ve made your first deposit.
You can use your deposit bonus on any of your sportsbook’s markets, but sometimes your bets will need to be at certain odds or higher. It’s totally up to you what you want to use your offer on, but we would definitely recommend using it to try out betting on some sports that you might not have tried out otherwise – you might just find something new you enjoy.
For instance, while all of the best betting sites offer common sports like football, cricket, golf, and horse racing, you can often also bet on other more niche sports, as well as e-sports like Fortnite and Dota 2. While deposit match offers might exclude play on virtual sports, this isn’t always the case, so that’s another interesting type of event to explore. Otherwise, if you are looking to use your matched deposit to try to make some winnings, then you can use it on markets you are more familiar with, which will reduce your betting risks in general.
At a very basic level, it’s almost always worth claiming a deposit match bonus, but there are definitely some tips and tricks you can employ to try to get more out of the bonus. We’ll go into detail about some of these below:
| ✅Read the Terms and Conditions in Full | You can always find the T&Cs on the promotions page, and they will lay out all of the details of the specific offer. It’s important to check things like wagering requirements, time limits, and win limits, and to check if your bonus cash is limited to use on any specific events or markets with certain odds. |
| 💰Deposit Only What You Can Afford to Lose | While a deposit match offer might – for example – offer a 100% bonus up to $1,000, you’ll need to deposit the full $1,000 to claim the maximum.
Although it might seem like it makes sense to deposit a huge amount to get the bigger bonus, it’s still important to remember that you should always gamble responsibly, and stick within the limits that you feel comfortable with. Realistically, you should only deposit what you are willing to lose. |
| 🎾Explore the Markets in Advance | A matched deposit bonus is versatile, meaning they can be used across many different sports and markets. This might make it a little difficult to decide what you want to place your bets on! Because matched offers tend to have relatively short expiry timeframes, you might want to spend some time checking out the available markets beforehand so that as soon as you’ve claimed your bonus, you can be ready to bet immediately. |
It might seem obvious that the methods you can use to get a deposit match bonus are the same ones that you can use for any other deposits, but that’s not always the case. There are often a few payment methods that are excluded from bonuses, while some methods might get their own special offers.
You’re usually pretty safe if you use a bank card to make the qualifying deposit and claim the match offer. Almost all online sportsbooks accept deposits via Visa and Mastercard, and some even take Amex and Discover, though credit cards are not supported in some jurisdictions like the United Kingdom. In most cases, you can also claim the offer if you use PayPal or a prepaid option like Paysafecard or Neosurf, but we have come across offers that exclude PayPal deposits.
Skrill and Neteller are often the payment methods excluded from bonuses, and that’s mainly down to regulation. You can check the eligibility of each payment method at the sportsbook in question, which is an important step before claiming any promotion.
At some online betting sites, you might see special offers for cryptocurrency deposits. This means that when you use a currency like Bitcoin, Litecoin, or Ethereum, you might get an enhanced deposit match or an offer that’s not available to other bettors at all. The table below is a summary of payment methods you can usually use for deposit match promotions:
| Payment Method | Accepted for Bonuses? |
|---|---|
| Visa Debit | ✅ |
| Mastercard Debit | ✅ |
| Paysafecard | ✅ |
| PayPal | ✅ (Some restrictions apply) |
| Skrill | ❌ |
| Neteller | ❌ |
| Cryptocurrency | ✅ (Usually crypto-specific offers) |
| Credit Card | ✅ (Geo-restrictions apply) |
Deposit match offers aren’t the only type of bonus that you’re likely to see at top online sportsbooks. Another popular type of offer is a free bet bonus, which awards you with a free bet to use on sports and markets of your choice (sometimes with odds restrictions), and it can either be awarded when you have a losing bet or simply as part of a promo where you might have to deposit and place a qualifying wager.
Boosts are another common promo that many online betting sites offer. Essentially, a boost offers you enhanced odds on a specific market, and this is particularly handy if your preferred sports betting site doesn’t actually have the best odds on the market you want to bet on.
Given that you will naturally be exposed to several types of promotions during your sports betting experience, let’s take a look at what makes deposit matches potentially more advantageous offers:
With all this being said, it’s true that a deposit match offer might not always outshine other types of promos, but that is why it is imperative to review all the terms to discover any pitfalls that you may encounter between them to decide which one satisfies your needs best.
It’s safe to say that it’s almost always worth claiming a deposit match unless there are some unfair T&Cs attached. A deposit match will enable you to spend more time betting and getting to know the features of the betting site so that you can decide whether or not it’s a place where you want to keep playing.
Of course, it’s important to make sure that when you’re claiming a deposit match bonus, you’re always doing so at a reputable betting site with a legitimate licence and regulatory credentials. So, sign up for one of our recommended sportsbooks today to get started with a matched deposit to boost your bankroll.
Lots of top sports betting sites offer matched deposit offers, which vary from region to region. Subject to availability, the best offers right now are available at Betway and N1Bet.
Claiming a deposit match bonus is easy – simply sign up for a qualifying sportsbook and make at least the minimum deposit. The bonus funds will then be added to your account for you to use on various sports bets.
Some sportsbooks advertise promotions that require a promo code, while others don’t. You should always check the terms and conditions of the offer closely as you need to enter the promo code as soon as you make your first deposit.
When you receive bonus funds from an online sportsbook from a deposit match offer, this money is available for you to use on the site. If you place winning wagers with the bonus funds, you can withdraw the winnings as cash.
No, not all betting sites offer a match deposit bonus. The promotions offered by sportsbooks change regularly, so make sure you check which bonuses are available at the site you’re currently betting at.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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