Up until now, CaesarsCasino.com and HarrahsCasino.com have been taking turns offering their players what are without doubt the best deposit match bonuses in New Jersey–100% of the amount deposited. However, this weekend, for what may be the first time ever, you can get a 100% bonus at both casinos simultaneously! Harrah’s announced their 100% deposit match bonus up to $100 two days ago, on Wednesday, November 1, with Saturday, November 4 being the last day. But wait–if you play at Caesars Online Casino, too, you can get your hands on another great bonus! Caesars Full Deposit Match Bonus up to $150 starts today, Friday, November 3 and continues through Monday, November 6!
How to Claim Your Caesars Full Deposit Match Bonus
Here are the steps you need to follow to participate in this promotion..
- Log into your CaesarsCasino.com account anytime between Friday, 11/3/17 and Monday, 11/6/17.
- Click on “My Account” and then on “My Bonuses.”
- Enter the code NOV150 and click on “Get Details.”
- Look for the words “100 Deposit Match” listed under “Available Bonuses.” Then click on “Deposit” next to the bonus.
- Make your deposit and claim your bonus.
The minimum deposit eligible for this offer is $10 and the maximum is $150. While you are welcome to deposit more than $150 if you wish, the amount of the bonus won’t increase over the $150 maximum.
It is also important to note that you can only claim this offer one time and only your first deposit made with the bonus code NOV150 counts. Deposits made at the Caesars Atlantic City casino cashier’s cage or via PayNearMe don’t count.
Caesars Full Deposit Match Bonus Wagering Requirements
As with all deposit match bonuses, before you will be allowed to withdraw either the bonus itself, the deposit tied to the bonus, or any winnings therefrom, the casino’s specified wagering requirements must be met. Here are the requirements.
Slots: 5x bonus + deposit
Video Poker: 10x bonus + deposit
All Other Games: 25x bonus + deposit
Including the Deposit Increases the Wagering Requirements
As you can see, the wagering requirements are based not just on the bonus, as with most NJ online casino bonuses, but on the bonus and deposit combined. Having the deposit enter into the equation is a regular practice at Caesars Online Casino, however, and the result is that the wagering requirements are increased substantially.
In this case, the deposit and bonus are identical, so in effect, the total wagering requirement is twice what it would be if just the bonus were to be wagered the same number of times.
In other words, 5x the bonus + deposit is equal to 10x the bonus, 10x the bonus + deposit is equal to 20x the bonus, and 25x the bonus + deposit is equal to 50x the bonus.
How the Caesars Offer Compares to the Concurrent Offer at Harrah’s
When I described this week’s 100% deposit match bonus at Harrah’s Online Casino (see my post of 11/2/17), I went out on a limb and called it in all likelihood the “best bonus of November.” Even though this bonus from Caesars has a higher cap of $150, I am sticking to my earlier statement. The reason why the Harrah’s offer is better is that the wagering requirements are nowhere near as steep. If you are sufficiently bankrolled, it won’t matter, but for many players it probably will.
Big Difference in Wagering Requirements
Let’s say you were to deposit $100 at each casino. You would then be faced with the following wagering requirements for each $100 bonus.
All Games: $500
Video Poker: $2,000
All Other Games: $5,000
Even with slots, the wagering requirement at Caesars is double what it is at Harrah’s. If you choose blackjack instead as your game for clearing the bonus, the house edge is lower than it is for slots at both casinos. But to clear a $100 bonus, the amount you would have to wager at Caesars, instead of being $500, as it is at Harrah’s, is 10x as much. If you take the maximum bonus of $150, a whopping $7,500 in wagers would be required to clear it.
Less Time to Clear the Bonus
Furthermore, instead of being given 30 days to clear the bonus, you only get 7 days. Therefore, you need to think very carefully about whether you can afford to take the maximum bonus. As tempting as a $150 bonus may be, it becomes worthless if you can’t keep it. Attempting to withdraw the bonus or any money associated with it prematurely or failure to complete all the wagering in the allotted time period will result in forfeiture of both the bonus and any resulting winnings. Depositing less than the maximum, clearing the bonus with slots, and spreading out your play over the full seven day period therefore may be the best options for small players.
Best Features of the Caesars Full Deposit Match Bonus
Despite the shortcomings of this bonus–namely the hefty wagering requirements and limited time you are given to meet them–this bonus is in other respects a great offer. First and foremost, it is a full 100% match on your deposit, so you are getting exceptional value. The bonus is also potentially large enough, together with your deposit, along with a little good luck, to produce a very nice win.
If you have an account at both CaesarsCasino.com and HarrahsCasino.com, you can really clean up this weekend. Up to $250 in bonus money is waiting for you! Halloween is over, but the autumn treats at Caesars and Harrah’s are as plentiful as ever!