Casino Bonuses: What Are They All About? Are they Worth Redeeming?
In a nutshell, bonuses are simply the incentives that you get as you play in any online Casino in Canada. Mostly, bonuses are offered in the form of free cash, free spins among many other gifts. Therefore, as you play in any online casino, getting a bonus should be your priority because it is the only way you can get extra betting money among other goodies. In most cases, casinos provide bonus codes for claiming these bonuses to make it easy for you to get different bonus types. The bonus will usually be activated automatically after you enter the code.
As you gamble online in Canada, you will find many different types of bonuses each coming with a range of different rewards. And since every type of bonus comes with its unique benefits and terms of redemption, it’s critical to know how each one works how to redeem it and the requirements associated with the deal. So, if you ever had any questions about online gaming bonuses, spare a couple of minutes of your time to read this review. We have all the information you’ve ever wanted to know about the bonuses available in Canadian online casinos.
Up to $1000 Bonus
$800 Free for First 3 Deposits
150% Match up to $200
1 X Match Offer up to CA$200
Different types of Bonuses Available in Online Casinos in Canada
If you are looking for a bonus that’s worth your time and money, you must first consider the benefits that come with it, how to claim it and more importantly, understand the fine print of the offer. Here’s a breakdown of all the types of offers that you’ll come across when you gamble online in Canada.
Welcome bonuses are the easiest promotions to claim online. Thanks to the attached rewards, you can get up to thousands of dollars in bonus cash as long as you meet all the wagering requirements. Just like the name suggests, they are normally offered to new players who have just signed up to an online casino for the first time. One thing to take into account is that the welcome bonuses will only be given to players after they have completed their registration process.
Because welcome bonuses are only offered once, we suggest that you choose the casino that offers a lucrative welcome bonus before registering because you only have one shot at the bonus. To help you out, some of the best online casinos we have already reviewed that offer the most rewarding welcome promotions include;
No Deposit Bonuses
Sometimes all you want is to test the waters first before committing yourself to an online casino by making an initial deposit. And thankfully, some Canadian casinos offer no deposit bonuses. From the name of the bonus, it is pretty evident that no deposit bonuses are offered without the condition of loading an initial deposit. You don’t need to deposit anything to claim the bonus.
However, if you are interested in this lucrative bonus, take some time to read its terms and conditions as some online casinos might inflict high wagering requirements and unfavorable withdrawal limits. Therefore, no matter how appealing the bonus might look to you, you should make sure you go through its terms to avoid unnecessary surprises and frustrations. It’s usually one of the trickiest deals you can find online.
Matched Deposit Bonuses
It is now a common trend for most of the online casinos to offer matched deposit bonuses. Here, your deposit will be matched against another the value of your initial deposit. However, most online casinos have set a limit to the maximum amount you can receive in this offer.
Percentage Deposit bonuses
Percentage matched bonuses are remarkably common across online casinos in Canada but are sometimes very confusing to some players. It is the bonus you will receive after the deposit you made is matched by a certain percentage. For instance, if you deposit CA$100 and the percentage match of the bonus is 300%, you will get a total bonus of CA$300. Similarly, if you deposit CA$100 and the percentage of the bonus is 400%, you will get a total bonus of CA$400 in turn.
As juicy as the deal looks, it will come with some conditions. For instance, most casinos will set a limit to how much you can get as a player. Thus, you will see something like a 200% match bonus of up to CA$1,000 so that they can state the limit of the bonus reward you can receive.
These types of incentives are also common in online casinos in Canada as part of their ongoing perks. They are pretty different from other bonuses since they keep recurring. Thus, you will be required to participate in a draw on a daily basis or on weekends or even monthly, and if you complete it successfully, you will receive the bonus.
Furthermore, some of the bonuses could also be rewarded at random while others are associated with major holiday events like Christmas or New Year events. Example of such bonuses you will find in an online casino include; Birthday bonuses, Weekend Specials, and Freaky Friday deals among many others.
Reload bonuses are offered to players who have already made a deposit to their accounts in the casino and it is offered as a way of rewarding players for their loyalties in the casino. Even though these reload bonuses are typically not as massive as the likes of welcome packages, they are still worthwhile.
The best thing about reload bonuses is that, in most cases, the wagering requirements tend to be low which leaves you with a great chance of earning some good money. What’s more, if you found out that the reload bonus you are pursuing doesn’t have the terms that fit you, you can always opt out of the promotion. The value of this promotion will vary from one Canadian casino to another. For instance, some reload bonus may come in this form; 40% reload bonus up to CA$40, which means that if you deposit CA$60, you will get CA$24 as a reload bonus.
Cashback bonuses are given to players by the casino whenever you experience a loss after playing. It is offered as a way to show you that the casino cares about you and thus, you will be offered more winning chances if luck wasn’t on your side the first time.
Usually, the bonus is calculated as a percentage of the net losses or a fixed amount of that you have undergone as you play. The bottom line is, with cashback promotions you have li to lose because if you end up losing, the casino will pay back a percentage of what you have lost. The percentage can be 5% or 25% and mostly available on a daily, weekly or monthly basis but most importantly, it depends on the terms and conditions it has.
Payment Option Promotions
Some casinos in Canada offers players promotions depending on the payment method that they use. What happens is, when the casino introduces a new payment method, a bonus is attached to its transactions to get many players to use it. So, every time they deposit or withdraw using the designated payment method you get a reward.
The payment option promotions are not associated with explicit bonus terms like wagering requirements, but you will encounter terms like the minimum deposit or withdrawal amount to receive the bonus.
VIP, Loyalty and High Roller Promotions
These bonuses are offered to the most loyal players and regular high rollers. They are typically offered in for of comp points or in-house gaming credit that you can later exchange for real withdrawable cash. To get to this point, you must play in the casino consistently. You level of commitment is often measured using points that are divided into different levels. In many gambling sites in Canada, you will find levels like Gold, Platinum or Silver which depends on the number of points collected. To move up the chain, you must earn more points which can only be gained after a lot of playing in the casino.
Additionally, VIP player and high rollers typically get tailored rewards that are more valuable than the base bonuses that regular players get. Better yet, they even get privileges like a vacation in a luxurious cruise and high-class customer service.
Just like the name suggests, this bonus is offered to a player if they send an invite to another person via a link or a trackable code to join the casino. Fundamentally, this bonus is quite rewarding since at the end of the day you can end up with easy money. All you have to do is tell your friends, colleagues or even family about the online casino you are playing in. If they choose to join the casino and use you are their referee, you will get the bonus. The good thing about this bonus is that you don’t have to meet any strict terms like wagering requirements to receive it.
Terms and Conditions that Come with the Bonuses
Every bonus offered online comes with terms and conditions that all players have to meet so that you can be allowed to withdraw the winnings you receive after playing with the bonus cash. If at all you don’t know what casino bonus offer conditions, here is a breakdown for the main promotional terms that come with these offers;
Wagering, rollover or playthrough requirements are the number of times that you are supposed to play through the bonus money or the bonus cash plus the initial deposit. Let’s say the wagering requirements of the bonus you receive are set at 30x the bonus cash; so, if you receive a total bonus of CA$150, it means that you must spend a total of CA$4,500 (30x150) before you can cash out.
In many bonuses, you will find that you cannot play certain games using the bonus cash. Mostly, this happens with the free spins where you can only use the free spins in specific slot machines that the house wants you to play more.
Most promotions have a validity period of usage. If you don’t claim the offer and fulfill the terms in time, then you automatically forfeit the rewards that come with it.
Payment Options Restrictions
Sometimes, you will find that a certain bonus terms state that a particular payment option is restricted. If you use the restricted payment option, you won’t be allowed to claim the offer, and this is usually the case with many welcome offers.
Maximum Bonus Earnings
In most cases, there’s a maximum amount of bonus money that you can claim. This condition is typically set so that players don’t misuse the promotion that is underway.
Yes, if you are looking to increase your bankroll, then they can be a very good option, but you have to pay attention to the terms and conditions.
No, casinos in Canada restrict players to redeeming only one promotion at a go.
In case you don’t meet the wagering requirements, you won’t be allowed to cash out, and if you don’t meet them within the validity period of the offer, your associate rewards will be nullified.
Yes, Canadian casinos will usually give you a chance to forfeit an offer if for any reason you don’t feel like following through. Bear in mind that you will lose any rewards you could have started raking in from the deal.
Yes, in some circumstances, you can withdraw a casino bonus. Typically, refer-a-friend deals and comp points are offers that the house may allow you to withdraw the bonus cash without any wagering requirements.