Regarding terms & conditions
As abovementioned, when it comes to a deposit match bonus in Illinois, there are a few terms and conditions that you need to meet in order to get it.
In Illinois, every sportsbook has different rules that apply to their match deposit bonuses, and below you can read more about how they work.
Wagering requirements
Most matched deposit bonuses comes with wagering requirements. This is a condition that applies to the bonus amount that you have claimed and represents the number of times you have to wager the bonus before you can withdraw it.
For example, if a 100$ bonus has a wager requirement of 10 times (10x), it means you have to wager atleast 1000$ before you are eligible to withdraw your winnings.
Maximum deposit
A common term for a deposit match bonus is the maximum deposit limit. That is in order to claim the deposit match bonus, you are not allowed to deposit more money than what the online gambling site in Illinois accepts. For instance, if the maximum deposit is $500, you cannot deposit $501 and redeem the bonus. The deposit amount needs to be exact.
Minimum deposit
The minimum deposit condition is even more common than the previous one. It means that you have to deposit a specific minimum amount, not whatever you like.
If the minimum deposit term requires $20, and you deposit less than that, you will not get the bonus. The usual minimum deposit limit is $10 and $20.
Maximum withdrawal
This is a term very common in all online sports betting sites, and it is common in the state of Illinois too. It means that you cannot withdraw more than what the gambling website allows you to.
So, if you win $10,000 but the maximum withdrawal is $7,000, you will have to split your withdrawal into two parts. Furthermore, the maximum withdrawal has another limit, which is the amount of money you can withdraw per day, week, or even month.
So, never forget to check this term before choosing your bonus and making your deposit. It would not feel good to win a lot of money and not be able to enjoy it at once.
Eligible games or bets
Like with all the aforementioned conditions, this one refers to most of the bonuses, not just the deposit match bonus. In any case, you may have to redeem the deposit match bonus only in specific games or specific bets.
For example, the bonus may allow you to place bets only in the NFL matches, or on specific races of horse racing. Or, you may have to place any bet but on a very specific date and time.
It is another detail, that is very important, and you must lookout for it. If you do not, you might end up getting a bonus that you will not use, or worse, you will have to use it on something that you have no interest in at all.