For every online casino out there, there’s tens of casino bonuses from welcome bonuses to no deposit bonuses.
Casinos.co has outlined everything you need to know about casino bonuses before making your first deposit. We’ve also done the research for you and compiled our top bonuses for Canadian players. Whether it’s match-up bonuses, free spins bonuses or no deposit bonuses – we’ve got you covered.
A casino bonus is a form of incentive that online casinos offer players in order to get them to sign up to their site and also to keep them coming back for more. Casino bonuses come in many shapes and sizes. The primary type of casino bonus you’ll come across is a welcome bonus or deposit bonus which is awarded to new players signing up to an online casino for the first time. This is usually in the form of bonus cash as a percentage of your deposit (eg. 100% up to £100).
Other types of bonuses, for promotions and the loyalty program, can also be either match-up bonuses, free spins bonuses or cash bonuses.
There are a lot of terms and conditions that come with casino bonuses. Take a look down below for extensive information on how they work, and what you should look out for.
Different Types of Bonuses Available Online
This depends largely on what type of bonus you’re working with, but the most ‘complicated’ to understand are by far match-up bonuses. They also happen to be the most popular form of the welcome bonus and are also used in a lot of promotions.
It’s called a ‘match-up’ bonus precisely because the casino matches your real cash deposit by a certain amount. To know how much it will match-up, you have to pay attention to the percentage.
100% Match-Up Bonus
A ‘100%’ match-up bonus will double your deposit because it will match 100% of your money. If you deposit $50, the casino will match 100% of that $50 with another $50. And voila`! You’ll have $100 total in your casino account to play with.
50% Match-Up Bonus
A ‘50%’ match-up bonus means the casino will meet you half-way. If you deposit $50, it will match 50% of your money by giving you an extra $25. That means you’ll have a total of $75 to play with.
Match-up bonuses always come with a limited number. So, the casino will present it as ‘100% up to $100’, or ‘50% up to $100’. What this means for the player is that the casino will not go beyond $100 in bonus money, even if you deposit beyond this amount. Let’s say you decide to deposit $200 instead of $100 on your first time. If the limiting number is up to $100, the casino will not match-you with another $200 to play with $400. Instead, it’ll cut off the bonus money at $100 so you’ll have $300 to play with.
For welcome bonuses, you’re more likely to find high-limiters.
For example: 100% up to $500. For promotions and loyalty rewards, it’s more likely to be a small limiter or percentage. Example: ‘50% up to $100’ or ‘100% up to $50’.
No Deposit Bonuses
No deposit bonuses are either small cash bonuses, usually anywhere between $10 – $30, or a small number of free spins.
It’s nowhere near the number of match-up bonuses, but no deposit bonuses do have their own perks. These bonuses do not require any deposit from the player to activate. Instead, the casino automatically awards the player with a no deposit bonus the second they create an account.
Free Spin Bonuses
This type of bonus is self-explanatory. Instead of bonus money, players get awarded free spins. Usually, it’s a set amount of free spins which can range from 50 free spins to 200 free spins on average.
In addition, the casino will also specify which slot/s these free spins can be used on. For Canadian players, this is normally a selection of Play’n GO or Microgaming slots. Other players will get a selection of NetEnt slots.
Loyalty bonuses are an online casinos way of saying thank you. , loyalty bonuses encourage players to keep playing. Often, casinos will contact players to let them know they have qualified for a loyalty bonus. Then it is up to the player to accept or refuse. Many times loyalty bonuses are free spins or bonus funds.
Are Casino Bonuses Only For New Players?
No, casino bonuses are not limited to new players. Onlywelcome bonuses are strictly for new players signing up to an online casino for the first time and making a deposit. Returning customers will be offered various other casino bonuses, depending on the casino itself.
Reload bonuses: for example, are very common and are usually given out by online casinos on any subsequent deposits over a certain amount, in order to keep existing players coming back rather than signing up at another site.
So the good news is that you’ll be able to claim a casino bonus whether you’re a new player or not. Rewarding existing players with bonuses is a key trait of some of the best online casinos out there. The only difference is that the first welcome bonus generally tends to be the biggest (often 100% your deposit) while any subsequent bonuses offered are usually not as hefty. However, they’re still worth claiming if just to get some extra cash in your bankroll.
How to Active a Casino Bonus Offer
Activating a welcome bonus is easy. When you first sign up to a casino, it’ll take you through a quick and short account-creation process. The casino will ask for basic details like:
Once you’ve created your account – it’s time to make your first deposit!
Online casinos have ‘Payment’ sections, also known as ‘Cashier’ sections (just like at a real casino). From here, you choose your preferred payment method and hook it up to your casino account. The moment you complete your first deposit transaction, you’ll activate your welcome bonus.
Be careful, because sometimes welcome bonuses cannot be triggered using certain payment methods. It’s pretty normal for online casinos to disqualify Neteller and Skrill first-time deposits from getting a welcome bonus.
How to withdraw casino bonus?
Withdrawing money from a casino bonus is a little bit trickier than depositing money for a casino bonus. For one, before withdrawing money, you need to have fulfilled the wagering requirements/play-through requirements. More on this down below, and on our wagering requirements page.
For another, the efficiency of withdrawing bonus money depends on the type of payment method you’re using. You can check out our fast paying casinos in Canada page to find out which ones are the most dependable for you.
Other than this, the process of withdrawal itself is simple enough. Once again, you have to head over to the Cashier/Payments section of the casino and choose to ‘Withdraw’ instead of ‘Deposit’. You specify the amount you want to withdraw, and the payment method of choice. You hit proceed, and sit back and wait.
Even the fastest casinos will need around 6-12 hours to deliver your money, so sit tight and be patient. If you have any issues, contact the casino’s customer support.
Most Popular Withdrawal Methods in Canada
ecoPayz is another giant in casino payments. It’s super flexible to use, and accepted by most online casinos around. Ideal for Canadian players.
Wagering requirements may be considered as the terms and conditions that are attached to casino bonuses. These require players to play through their winnings a number of times before they will be allowed to withdraw them. Unless an online casino specifies that a bonus doesn’t come with wagering, assume that it does.
Basically, the online casino has agreed to fork over a certain amount of cash to help you along. But, to ensure that players don’t just withdraw their bonus money without playing, casinos put wagering in place.
Standard wagering requirements:
Players will have to bet between 30x – 50x (depending on the casino) their bonus money to be able to withdraw it. Usually, they also have to do this within the span of a month, or even just 20 days. If the player doesn’t fulfill these requirements before then, then all winnings made using bonus money will be automatically forfeited to the casino.
For example, let’s say you’ve deposited $50 and got $50 from the casino to play with $100. If a casino has a wagering requirement of 40x, you will need to wager $4,000 (40 x $100) before you can withdraw your winnings.
Are casino bonuses worth it?
Can I refuse a Casino Bonus?
Of course, you can! It’s entirely possible for players to refuse a casino bonus if they prefer not to play with bonus cash. In order to opt out of a bonus, players should contact customer support and inform them not to add any bonuses to their account. Opting out of a bonus may seem like a dumb idea at first – after all, why would you want to turn down free cash in your bankroll? The upside to it, however, is that you won’t be subjected to those pesky wagering requirements which are attached to practically all casino bonuses. Wagering requirements will require players to play
Most bonuses can truly work out to your advantage if you proceed with caution. For instance, do not deposit $400 on your first deposit if the casino has a wagering above 40x. That’s going to lead to some insane conditions which you might not be able to meet in the period of a month.
But, most match-up bonuses, free spin bonuses and no deposit bonuses can really add an extra kick to your casino experience. They can give you more for less, and make it worth your while to play at an online casino.
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