It seems like only yesterday that I was telling you all about a fantastic opportunity to grab a 100 percent deposit match bonus up to $100 at Caesars Online Casino. Actually, it was two weeks ago, which is still a very short period of time. Most NJ online casinos only offer dollar for dollar deposit match bonuses to brand-new players and not to existing customers at all.
This weekend Caesars comes through again with yet another 100 percent deposit match bonus offer. This one is capped at $50 rather than $100, but otherwise, everything is identical to the offer of two weeks ago.
Small players might even like this offer better since the deposit requirement to get the maximum bonus is only $50. In addition, the wagering requirements to clear the bonus are only half what they were for a $100 bonus.
In other words, the offer from Caesars Online Casino this weekend is one that virtually any online casino player can afford.
Caesars deposit match runs from Oct. 19-22
Your window of time to access the 100 percent deposit match bonus up to $50 runs from Friday, Oct. 19 through Monday, Oct. 22. Keep in mind that you can only claim this bonus once, so pick whichever of the four days is most convenient.
How to get your deposit match bonus
This offer is open to all registered CaesarsCasino.com account holders. All you have to do is follow these simple steps. Then the 100 percent deposit match bonus is yours.
- Log into your CaesarsCasino.com account anytime during the 10/19-10/22 promotion period.
- Click on“My Account and then on My Bonuses.
- Enter the code MY50 and click on Get Details.
- Locate the offer 100% Deposit Match under Available Bonuses.
- Click on Deposit next to the bonus
- Deposit and claim your bonus.
As with all other deposit match bonuses at CaesarsCasino.com, only your first deposit after claiming the offer counts. Also, be sure to choose a deposit method other than the Caesars Atlantic City casino cashier’s cage or PayNearMe because deposits made there don’t count.
Your best bet: Deposit exactly $50
Because CaesarsCasino.com is offering you a full dollar for dollar match on your deposit, it is definitely to your advantage to take the maximum bonus possible. In this case, that is $50.
Unless you absolutely can’t afford a $50 deposit, you are shortchanging yourself by depositing any less than that.
On the other hand, unless you are a big player and need more money in your account to make your usual size wagers, there is no point to depositing more than $50. Even if you were to deposit $1,000 or more, your bonus would still be capped at $50.
Deposit match bonus wagering requirements
The only difference between the wagering requirements for this bonus and those for the 100 percent deposit match bonus that Caesars offered two weeks ago is that the total amount you have to wager is less. Depending on your game choice, the multiples of the bonus and deposit combined are the same, as are all of the other terms and conditions. These are the wagering requirements:
- Slots: 5x bonus + deposit
- Video poker: 10x bonus + deposit
- All other games: 25x bonus + deposit
If, as recommended, you deposit $50, the total amount you will have to wager is:
- $500 for slots
- $1,000 for video poker
- $2,500 for any other game
As with all other CaesarsCasino.com deposit match bonuses, you have up to seven days to complete the wagering.
Other important terms and conditions
During the entire time that you are working on clearing the bonus, the bonus, deposit tied to the bonus, and any resulting winnings remain temporarily locked into your account. However, the good news is that you will have full access to all of this money (or whatever is left of it) as soon as the wagering is completed. This is assuming that the allotted time period has not yet expired.
Canceling the bonus, any attempted premature withdrawal of unavailable funds, or failure to complete the required wagering on time will result in forfeiture of both the bonus and any resulting winnings.
Deposit match promo effectively doubles wagering requirement
If you read this post carefully, you will see that the wagering requirements for this bonus are based not just on a multiple of the bonus (like at most NJ online casinos), but the bonus and deposit combined. In fact, virtually all CaesarsCasino.com deposit match bonuses use this formula.
Obviously, including the deposit in the equation benefits the casino, not the player. It increases the wagering requirements. In this instance, the bonus and deposit are equal. So the net effect is to double the wagering requirements over what they would be otherwise.
However, the bottom line is that the wagering requirements are comparable to those at other NJ online casinos since their multiples of the bonus of the bonus tend to be higher.
For example, a 5x bonus + deposit wagering requirement for this bonus cleared with slots is the same as a 10x bonus wagering requirement for slots elsewhere.
Similarly, a 25x bonus + deposit wagering requirement for this bonus cleared with blackjack is the same as a 50x bonus wagering requirement for a bonus cleared with blackjack at another casino.
This bonus offer is a must-play
Some of you reading this post might be disappointed that the bonus that Caesars is offering this weekend is capped at only $50. However, bigger doesn’t always mean better when it comes to bonuses. In fact, a large bonus with unaffordable wagering requirements could deplete your bankroll rather than add to it.
This bonus won’t break the bank, but it’s not so tiny as to be a waste of time either. The casino’s $50 added to your own $50 is still more than enough money to give you good winning potential. Furthermore, when you also take into account all of the other superior features of this bonus, it should be very clear that not taking full advantage of this great opportunity makes no sense at all.
Bonus offers superior bang for your buck
Caesars Online Casino is to be congratulated not only for being one of the few NJ gambling websites to offer 100 percent deposit match bonuses to existing customers at all, but for doing so on a regular basis.
If you compare the current offer to deposit match bonus offers on other NJ gambling websites, you will find very few that give the player a deposit match anywhere near 100 percent. In fact, a deposit match of a measly 10-25 percent is the norm.
The lower the deposit match percentage, the greater the extent you will have to dip into your own deposited funds to meet the wagering requirements. In other words, the greater the risk to your bankroll.
No other deposit match bonus available to NJ online casino players gives you greater bang for your buck than a 100 percent deposit match bonus. Therefore, whatever size player you are, the smart thing to do is to opt into these offers.
A promotion any player can afford
The 100 percent deposit match bonus up to $100 that Caesars offered two weeks ago was also great. However, some players might have found the deposit and wagering requirements for a $100 bonus more than they could afford. Now the terms should be sufficiently affordable for most players to take full advantage of the promotion. Plus, they know they are getting the maximum bonus available to them without straining their budget.
Reasonable wagering requirements
Even with the deposit factored into the wagering requirements, the effect is not as pronounced as if the bonus was less than a 100 percent match of the deposit. As mentioned, the wagering requirements are not any steeper than you will find at most other NJ online casinos. In fact, several casinos impose a 50x bonus wagering requirement for video poker. With that in mind, the 10x bonus + deposit requirement (equal to 20x the bonus) is a real bargain.
Furthermore, the casino is giving you up to a full week to clear the bonus. Even for small players, this should be plenty of time, especially if you clear the bonus with slots.
The bottom line
$50 is a great amount for a bonus. On the one hand, it keeps the deposit and wagering requirements to level that not just high rollers, but virtually any player can afford. On the other hand, it is also large enough to have a potentially meaningful positive impact on your playing bankroll.
However, what puts this particular offer for a $50 bonus way beyond what would be minimally acceptable into the lofty category of a Best Bet is that the casino is offering you a dollar for dollar match on your deposit.
Does Caesars Online Casino have its calendar mixed up, bestowing Christmas gifts galore on you two months early? It sure seems that way. Or maybe the October double 100 percent deposit match bonus bonanza is the casino’s early treat for Halloween.
I think the real reason why this casino is offering 100 percent deposit match bonuses with increased regularity is the huge response on the part of its players.
If my theory is correct, your next course of action should be obvious. Do your part to keep these great money making opportunities coming. Opt into your 100 percent deposit bonus for $50 today!