What is a Deposit Match Offer?
A deposit match is an offer sportsbooks provide, typically to new customers, where they’ll provide you with money equivalent to the amount of your first deposit with them. Sportsbooks tend to compete for the best deposit match offer because getting people’s foot in the door is the best way to retain clients.
So, for example, let’s say a sportsbook matches your first deposit 100% up to the first $500. If you deposit $250, they will also deposit $250 in your account, either as real cash, or more likely as a free bet.
How To Get Deposit Match Offers?
Deposit match offers are most commonly found when signing up for a new sportsbook. However, there may be occasions when a sportsbook offers one as a limited-time promotion for all users, new and existing.
The method for taking advantage of a deposit match varies depending on the sportsbook. Some require a promo code, some require selecting an opt-in on a webpage or app, while others are applied automatically without asking for further action.
It’s all about looking for the offer and reading the details of them.
How Do Deposit Match Bonuses Work?
Deposit match bonuses are like most other offers, where you must opt-in in some way to be eligible to receive them. Once you have done that, all you have to do is make a deposit that at least meets the minimum requirements of the bonus offer.
From there, whatever you put in will be matched based on whatever percentage the deposit match offer was for. Each offer is different, but either in real money or free bets, you will receive the money in your account to bet with.
How Do Deposit Matches Work For First Time Sign Ups?
For first-time sign-ups, most sportsbooks will require a promo code, or click to opt in. For a few of them, deposit matches are automatically applied to your first deposit without requiring either of those things.
But, once you are confirmed to be eligible, it applies to your very first deposit with the sportsbook, assuming that it meets the minimum deposit amount requirements.
How To Use Deposit Matches
Deposit matches are best used when first creating an account with a sportsbook, as those are almost always the most generous offers. They’re best used to add a significant amount of cash to your purse without the money coming from your bank account. Getting started with sports betting using a deposit match is a wise way to lengthen your initial leash and have more time to test the waters.
Deposit Match Terms and Conditions
The terms and conditions for any deposit match will vary depending on the sportsbook and the details of the deposit match offer that they’re extending to you. The best way to know the terms and conditions of any deposit match is to read the specifics for the one you are interested in.
However, standard gambling rules apply if you are trying to use a deposit match. You must be in a state where sports betting is fully legal, and you must be at least the minimum age to register with a sportsbook, let alone use a deposit match.
How to Claim Deposit Matches?
The methods for claiming a deposit match vary depending on the details of the deposit match you are trying to claim. Some are simple clicks, while others may need a promo code and a minimum first-deposit amount. Of course, creating your sportsbook account is the first step toward being able to claim any deposit match.
Deposit Match FAQs
What Betting Sites Give Free Bets No Deposit
DraftKings
Your initial deposit with DraftKings is eligible for a 20% deposit match, with no opt-in required. The bonus maxes out at $1,000. That means that for any deposit that you put down that is $5,000 or less, you will get 20% of it back from DraftKings. They are awarded as real money, not free bets.
BetRivers
Using the promo code “250MATCH,” BetRivers will 100% match your first deposit up to $250. You must place at least one wager at -200 odds or greater first, but BetRivers will reward your first deposit with them.
FanDuel
FanDuel also runs a deposit match of 20%, but there’s only goes up to $500. Further, their deposit match is rewarded as free bets rather than just money for your wallet.
SugarHouse
SugarHouse runs a deposit match that is pretty much identical to the one at BetRivers. It’s 100%, requiring a wager first, and the wager must be on odds of -200 or greater.
Which Sportsbook Gives The Maximum Free Bets?
At FanDuel, BetMGM, and Caesars, you can receive a welcome offer in free bets of value that exceed $1,000 if met fully. If you are looking for the most valuable free bets, those are recommended offers to take advantage of.
