Online casino bonuses are quite lucrative. When the online casino site opens in front of you on your PC or smartphone screen you find the bonus being offered flickering and glittering in the home page of the online casino. You must have seen written in bold CA$25 free play bonus or CA$10 free chip bonus or CA$20 no deposit bonus or 100% match bonus on your first deposit or CA$3200 welcome bonus. All such bonuses are for the want of new players at the casino so that new players are attracted to play with the free money the casinos offer in the form of such bonuses. Also you must have seen other type of welcome bonuses in the form of match bonuses like 100% upto CA$200 and various other promotions like weekly, monthly, Bitcoin bonuses, free spins or reload bonuses.
Before you redeem or take these wonderful bonuses you need to understand as how these online casino bonuses work when you register at the casino to play real money games.
- When you register for the first time at any online casino they offer you a little cash to start your play
- In this deal there is sometime a minimum deposit say $1 and in turn you receive $30 free. This incentive is offered obviously to get you to deposit at the casino.
- The casino matches your Canadian currency deposit by a certain percentage the first time you open an account. However, your subsequent deposits don’t necessarily qualify for extra bonuses. But other Canadian online sign-up bonuses credit your account each time you add cash over the course of your first several deposits. For example, some casino deposit bonuses will hand you 100% on your first deposit, 50% on your second deposit, and 25% on your third and fourth deposits. The total is 200%, but it’s spread out over a number of deposits so you can keep earning extra bankroll each time you fund your account.
Welcome or Sign Up Bonuses come with certain conditions
As a new player when you look at the welcome or sign up bonus your first reaction is Wow. But you need to know that this bonus comes with certain conditions which are in the form of wagering or ‘play through’ requirements and limitations.
Wagering requirements are the required amount of money that has to be wagered to finish the bonus and be able to withdraw your hard earned cash. For example if you deposited $100 and the wagering requirement is 35 times the deposit then you would have to bet $3,500 before withdrawing: 35 x $100 = $3,500.
If you don’t meet the bonus or wagering requirements as called regardless of how much you win you cannot withdraw until you have played through the deposit as many times as required for that bonus on your first deposit. Like many a times bonuses at the online casinos must be ‘played through’ i.e. 20X or 30X etc. ($20 bonus wagered 20x = $400 wager requirement) Different casino games also count towards wagering requirements, and each type will be calculated as a percentage like 888 Casino offers 100% on slots and dice games where as 20% on Roulette and poker games. Many casinos term this as Playthrough requirement which is same as wagering requirement. It is only a term referred for an agreement between you and the online casino that you intend to play at, they give you a bonus or free money and they expect you to play for a while.
Also these welcome bonuses have limitations. Like most bonus offers contain the words “up to” as in “Up to $100 Welcome Bonus”. Or some casinos will require a certain level of playing activity in the first week of a fresh sign-up or will say “deposit match bonuses on four deposits within seven days”
What this essentially means is that the casino won’t necessarily give you a full $100 in bonus money. That’s why it is always important to read the terms and conditions before you opt to redeem such bonuses.
Different Types Of Online Casino Bonuses
No Deposit Bonus
This bonus is very favourite to players. As the name suggest, ‘No Deposit’ means you do not have to make any deposit when you enter the casino for the first time. There are reasons for this bonus to be popular:
- You can play games and know how the casino is- As players don’t need to make any qualifying first deposit before claiming them, these bonuses allow new players the opportunity to get a feel of the casino, explore its various features, and play the online casino games with no risk. They are the reason new players decide to stay on at the online casino, make a deposit, and play for real money.
- No deposit bonuses value their players- Due to high competitive casino market no deposit bonuses offered by casinos offer players better quality and value their players. Since online casinos are a dime a dozen, they have to stand apart from the crowd in order to attract players. For this reason, they compete with one another to offer the biggest and the best no deposit bonuses. They are all aware of the fact that players who register at other online casinos are players they have lost forever, and none of them want this to happen.
- There are other bonuses offered along with no deposit bonuses: You will find a wide choice of online casino bonuses. It gives you a chance to make a comparative study of various bonus offers and select the best of the best. As said above players can also use it to get a feel of the online casino free. If they do not like the games or features of the online casino, they can simply leave it and try some other online casino.
These bonuses mostly are of free bets, free chips, free spins or even CA$5-$20 bonus or even CA$100 as no deposit bonus.
Note that there is a set time in which you have to use these free bets, or free bonuses and any winnings up to a predetermined amount are yours to play with once you add funds to your account. You’ll find No Deposit bonuses at various online casinos. Sometimes these no deposit bonus have conditions attached to play on certain games too. Check it with the casino support team for any conditions associated with no deposit bonuses.
Sign Up Bonus or Welcome bonus
As said and explained above sign up or welcome bonus at many online casinos is very popular of all the bonuses. You can avail this bonus when you open up a real money account at the online casino. It is not necessary that you find same sign up bonuses at all online casinos. All have their own amount set for welcome bonus..
- These welcome bonuses are for new players only. That means you should be a new player with a new account at the casino to have this bonus.
- Also remember before you redeem these bonuses there are but conditions applied to these new player bonuses.
- These bonuses come with deposit match bonuses like Royal Vegas casino offers 100% match bonus, up to CAD$250, as well as 30 Free Spins on Rabbit in the Hat (PC) or Avalon (cell phone).
- These match bonuses have but time limits say for example you have to make deposits within 7 days of your first play at the casino.
- Also there are other rules applicable to such bonuses like the wagering requirements and conditions when you can begin to withdraw money from your account in case of your wins.
Free spin bonuses
You must have heard many online casinos offering Free spin bonuses like the Rich Casino offering 25 free spins to play with 500% match bonus. So these are very common these days at online casinos. These free spin bonuses either come alone or come along with welcome bonuses. Most casinos offering free spins as part of their sign up bonus allow you to use some or all of the spins before you are required to make a deposit into your account. If the free spins were awarded on a no deposit bonus basis, you may be required to make an initial deposit before you can continue to play with your winnings.
Cash Back Bonus
The name of this bonus says it all, cash that is given back in the form of bonus. This type of bonus is usually given as a percentage of your deposits or wagers. Like 888 casino offers 15% up to CA$500 Cashback bonus. This cash back bonus comes with or without playthrough with no maximum payouts. Such kind of cash back offers are redeemed via customer support team on every deposit you make without using a deposit bonus.
Online casinos usually give these rewards as bonuses that may then be subjected to certain wagering requirements. A handful of online casinos that give these bonuses with no strings attached, but this would typically depend on your VIP level at the casino as the above said 888 casino cash back is for Elite Lounge tables at the casino.
Casino cash back bonuses are based on a pretty fair concept. The more you decide to play and wager, the more money you get back as cash back. As you continue to play under cash back programs you will see how rewards and special promotions can unfold in the form of bonuses.
These are bonuses that you will see at certain online casinos where the casino has made an exclusive deal with the casino offer specially to its members. These bonuses can be any of the above mentioned variants, so always make sure you read the details of the offer and the terms and conditions of the casino. Like some websites other than casinos also offer exclusive bonus if you play casino games through their web portals
Loyalty Bonus or VIP Bonus
Loyalty bonuses are given to players who have reached a certain status at an online casino. The amounts and types for the bonus will vary from casino to casino and some casinos will not require a playthrough or wagering. When you become a VIP member at the casino you can avail loyalty bonus that are mostly in the form of comp points. Therefore as a regular VIP member you earn comp points like 10 points for every CA$1 you wager, and after you have accumulated a set number these can then be exchanged for casino credits.
These days many online casinos are offering Bitcoin bonuses to players like Rich casino offers 400% BTC bonus on first three deposits.
Bitcoin or BTC is a form of digital money often referred to as cryptocurrency. It is created and controlled using digital encryption techniques. The transfer and verification of this digital currency are done through open-source software and there is no middlemen or centralised bank involved. It has become a popular payment method for bitcoin gambling and there are a number of Bitcoin casinos online for Canadian players.
You can find this currency as a payment option in many online casinos, poker rooms, and sports betting sites and it seems to be the preferred choice for sports bettors and poker players.
Currently, Canadians can buy bitcoins from exchange companies such as Quadrigacx.com, Kraken.com, and CoinSquare.com. You can also purchase them from people who have cryptocurrency they want to sell. You can purchase using cash, debit and credit cards, and other supported forms of payment. Regular users have an exchange account where they buy and sell currency.
In other bonuses you will find monthly, weekly or day to day bonuses that online casino offer. These are on various types of games including slots and table games. Even you have tournament games bonuses for slots, table games, Bingo and Keno bonuses and many more of such kind. Also refer a friend bonus where if you refer some one to the online casino to play games and he/she opens an account with the casino you get some bonus. Also there are other cash awards and prizes offered by the casino on special events, celebrations and occasions. You always need to check out the bonuses page regularly for this.
Points to remember to get maximum benefit from these bonuses
If you think a 100% betting bonus on your first deposit means that depositing $200 will get you a total of $400, think again. Actual cash bonuses are extremely rare. They were offered by a handful of sites at the start of the casino online boom, but today’s gaming bonuses are a lot more restrictive.
With typical Canadian online gambling sign-up bonuses, your money is paid in pending casino cash and released in increments – usually $5 or so. That means that while your original deposit is available to play with right away, the casino match bonus is put in a separate account. To convert the bonus money into real money and move it into your real account, you need to wager a certain amount of money playing real money online casino games.
1. Play the right games
Financial wagering requirements aren’t the only thing you need to pay attention to when taking advantage of bonuses online at Canadian casinos. Some bonuses will only be released when you play certain games. When you make a payment to your account, check out the terms and conditions of the bonus code you’re entering and note the games the bonus is applicable to. Some deals only work for slots, others only for table games, and a few welcome bonuses work for all casino games. Just make sure you know what you’re getting into before you ante up.
2. Make sure that welcome bonuses are for Canadians Only
Make sure you use welcome bonus online that works for casino players in Canada. Before you access your savings account and make a decision to deposit online casino site, make sure the bonus being offered applies to Canadians. Many online casino bonuses are intended exclusively for US, Australian or UK or European players, so even though the bonus code you enter might work, the funds won’t get released into your real money account. Instead, make sure you use a welcome bonus code online that works for casino players in Canada.
3. Read the Terms and Conditions
It is advisable to always read the terms and conditions before using these sign up bonuses. As often behind such bonuses you are lured to deposit more once you use their given free money. The house has more edge when there are more players depositing money.
- There are outline of all the rules and requirements in the terms and condition section of the different online casinos and different Online Casino Bonuses.
- Bonus requirements and restrictions will be stated in this section.
- Depending on the bonuses, they could be good bad or ugly.
- The bonuses may only work with particular games, like only certain slots for instance. For example, most casinos do not allow video poker play to count towards the clearing requirements, because video poker has such a low house edge.
- If you strike it big the casino will always let you keep your winnings received from free no deposit bonuses.
- Most bonuses have a time requirement. If you do not clear them within two to four months, they will expire and you will lose the bonus money. Make sure to check out the time requirements before getting started.
- There may be a number of bets you have to place with your bonus so you can be profiled to keep the bonus or the winnings that were generated by the bonus.
- Most casinos offer VIP programs to further reward their loyal players.
It is always advised to ask customer support for full bonuses details specially if they will work for Canadian players. Read the terms and conditions of all the bonuses before you redeem them for real money gambling. Be wise and apply your mind therefore before you get on to this bonuses workouts at best Canadian online casinos.