The best online gambling sites use a variety of marketing promotions to attract new players and to keep existing players happy. While the most common type of online casino bonus is the 100% match bonus offer, nothing quite beats a 150% bonus.
The 150% casino bonus provides players with extra bonus funds which enable them to play a wider range of games. As you may suspect, these funds are not free of terms and conditions.
In this guide, we will dive into the topic of 150% match bonuses, what they are, how to use them to the best of your advantage and whether they are worth your time.
A 150% casino bonus offer is a promotion offered by online casinos, whereby they match the money deposited by the player by 150%.
If you are claiming a 150% match deposit bonus up to $/€/£300 and you make a deposit of $/€/£100, you receive $/€/£150 in bonus funds. In addition to the money deposited, you would have a total sum of $/€/£250 in total.
These funds may to the unknowing eye seem like withdrawable money. This is not the case. If it were, online casinos would go out of business everywhere. These funds along with your money deposited are usually tied down to various terms and conditions.
Terms and Conditions of 150% Bonuses
These terms tend to vary from one promotion to another and from one gambling site to another. Key terms you should watch out for include the wagering requirements, caps on winnings and game exemptions. Here are the factors you should look closely at:
Wagering requirements: This is the most important as it will impact every aspect of your gambling session. The wagering requirements state the number of times you would need to wager your deposit + bonus before your funds are released as withdrawable cash. In the above case, if the bonus came with a 10x wagering requirement, and you have $/€/£250 in total, you would need to wager a total of $/€/£2,500. This is just an example. The average wagering requirement is 35x.
Minimum deposits: The minimum deposit is the amount you would need to deposit to get your hands on this bonus. Failure to do so can result in the forfeiture of the bonus.
Game exemptions: Some games may not be allowed to contribute towards the wagering requirements, such as games with a high payout percentage.
Game contributions: Similarly, some games, most notably RNG table games and live casino games may only contribute a small percentage towards the playthroughs.
Caps on winnings: Some casinos will state the maximum amount you would be able to cash out once you’ve met the wagering requirements. If you meet the playthroughs and there’s a cap of winning of $/€/£100 but you’ve got $/€/£200 in your account, you will only be able to cash out the $/€/£100. The rest is forfeited.
You must always read the terms and conditions of any 150% casino bonuses or promotions you are thinking of claiming as the above-mentioned factors could come between you and cashing out your winnings.
What to look for in a 150% Bonus Casino?
There are hundreds of online casino sites out there, with new ones continually launched. It can be overwhelming and daunting for players to find a reputable online casino that offers a 150% bonus, especially when there are so many.
Not all online casino sites have been created equally. Some may not be legit. Here are the key factors you should watch out for when shopping around for casinos with 150% bonuses:
Licensing and security: A real money online casino should be licensed and regulated by a reputable authority, such as the Malta Gaming Authority the UK Gambling Commission and the Curacao Gaming Control Board. You can spot signs of a licence in the casino’s footer.
Variety of Games: When shopping for a 150% casino bonus, you should also factor in the games available, especially if you have a favourite game or type. If you love playing live casino games, but the casino does not stock live dealer games, you might pass on the chance to sign up.
Bonuses and promotions: While 150% bonuses are fine and dandy, you may want to check if other promotions are available such as free spins, a VIP scheme, reload bonuses and cashback deals.
Mobile compatibility: If the site can be easily accessed from your phone or tablet’s web browser. If the site is not properly built, it may hinder your gambling experience.
Customer support: Some players may think easy access to the customer support team is not essential. However, if you have a burning question or issue, you will appreciate 24/7 access to the customer support team.
How to Claim a 150% Deposit Bonus
Follow the below easy steps and learn how to claim 150% deposit bonuses:
Time Required: 5 minutes | Tools Required: Mobile or computer and internet | Funds Required: Minimum $/£/€ 10
Step 1
Register
Sign up at a licensed casino site that offers a 150% bonus.
Step 2
Add details
Input your personal details and agree to various terms and policies.
Step 3
Check terms & conditions
Read the terms and conditions of any bonus you are thinking of claiming.
Step 4
Make a deposit
Make the minimum deposit.
Step 5
Claim the 150% casino bonus
Your 150% deposit bonus will now be credited to your account.
150 Casino Bonus Pros and Cons
Like every online casino promotion out there, there are advantages and disadvantages. That said, it usually ties down to the terms and conditions of the 150% bonus online casino you are thinking of joining:
Pros
Provides you with a more substantial bankroll
Enables you to explore a wider selection of online casino games
It is a far more generous bonus offer than the standard 100% bonus
Cons
Wagering requirements may be higher than average
May have low caps on winnings
Tips when Playing with a 150% Bonus
If you want to make the most of your 150% bonus, we have got you covered:
Read the terms: First things first, always weigh the options of a 150% casino bonus. No bonus has been created the same. You have to keep an eye on the wagering requirements and other terms. The lower they are, the better your chances of meeting them.
Play low to medium variance slots: While you are likely to generate bigger wins with high volatility games, you are also more likely to burn through your bankroll faster. Playing low to medium variance slots will help you stay in better control of your bankroll with small to medium wins.
Play high RTP slots: Slot games with a high payout percentage give you a good chance of winning your bets back.
You can always decline the bonus: It is not obligatory to take on a casino bonus. If you find that the terms are over the top, you have the option to turn it down.
Keep an eye on your progress: It is important to have fun when you are playing at an online casino, but it is also important to monitor your progress. This way you will know when to call it quits and cash out your winnings. You should be able to see this information under your account.
If you succeed in finding a great deal with fair terms and conditions, you have a good chance of meeting them and cashing out any winnings from your 150% casino bonus.
💡 Are all games available when using a 150% online casino bonus?
That would depend on the terms and conditions of the casino bonus you are claiming. Usually, high RTP slots, RNG table games and live casino games are either excluded or only contribute a small percentage towards the playthroughs.
💡 Are there any welcome offers with a 150% deposit match?
That would depend on whether you are a resident of an eligible country and are of legal age. If you are, you can get a 150% welcome bonus at an online casino within your region.
💡 How can I beat the wagering requirements for a 150% bonus?
It is important that you research the games you are thinking of playing and their payout percentages. While there is not much you can do to influence the outcome, you can always manage your bankroll more efficiently.
About the author
Beth RedmanEditor in Chiefbeth@mrcasinova.com
With over twelve years of experience, Beth brings a lot of knowledge in the field of gambling and always deals intensively with casinos reviews. She is responsible for most of the content that is written on MrCasinova.com and she also manages all MrCasinova.com contributors. Beth is native English and graduated with an MBA from Anglia Ruskin University.
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