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How Casino Bonuses Work
Bonus options available to online casino players are typically offered as follows:
You’ll be hard pressed to find an online gambling site that does not offer some sort of sign-up bonus to entice new players to join. It can either be a) a single match bonus for a few hundred dollars, or b) a higher amount spread out over several deposits. In scenario A, you deposit 100 CAD. The casino then matches your deposit by offering you a 100% of that amount, thus 100 CAD. In scenario B a total welcome bonus of let’s say 1,200 CAD or 200% is up for grabs, but presents as 100% upon first deposit, 50% on the second, and 25% on the third and fourth deposits. Both scenarios come with a wagering or play-through requirement. These types of deposits are also known as sign-up or deposit bonuses.
It is very important that you take note of the terms and conditions attached to each welcome bonus as this could affect certain aspects of your play while the bonus is still active.
No Deposit bonus
- Free Credits – Players are awarded a fixed amount of casino credit to play with, and depending on the casino’s terms and conditions, this type of bonus is cashable or non-cashable
- Free Spins – New players get a specified number of free spins when playing a certain slot game or set of games.
Free Play/Time – With this bonus players receive a substantial credit boost with which to play during a limited amount of time.
All three bonus types have wagering requirements attached to them which need to be met before cashing in on any bonus winnings.
Casinos value their loyal players and reward them on a monthly basis in the form of free spins or match bonuses.
Most casinos run weekly tournaments on a variety of games. Here players are rewarded for their skills irrespective of how long they have been members.
Free money bonuses usually form part of a promotion or tournament award. They present as credits that can be used towards future bets. Some casinos for example offer loyalty points every time you play that can eventually be redeemed for free credit.
Get rewarded when introducing a new customer. It could be in the form of free credit or free spins, depending on the casino.
Free Spin/Bets bonus
Rather than wagering your own cash to win big, which is normally the case, some casinos offer players a chance to play for free and keep their winnings. This can occur by way of extra spins/plays on certain slot or parlor games. Read our guide on Free Spins and get a feel for the way they work and where you can play.
Casinos often rank players in accordance to the amount of games or hours they have racked up. High rollers at the top of these rankings are frequently rewarded for their loyalty with generous bonuses.
Casinos always run game-specific promotions that require bonus codes in order to redeem them. Of these slot bonus codes are the most popular and promotions include free spins, free plays and high percentage deposit matches. Bonus codes also apply to games like blackjack, video poker and roulette and can be redeemed in one of three ways; Manually – by entering the bonus code in the cashier section prior to making your deposit, Automatically – usually aimed at new players and kicks in as soon as the sign-up process has been completed, or by contacting the customer support center where the first two options aren’t available.
Casino Bonus Wagering Requirements
To prevent you from cashing out your bonus right away, casinos require you to wager your original deposit (and sometimes the bonus too) by a certain amount first. For example if you deposit 100 CAD, receive 100 CAD match bonus, and the wagering requirement is x 30, then it means you have to play through 3000 CAD before you can claim your winnings. It is important to note here that you do not have to lose 3000 CAD; you only have to wager it. Coupled with the wagering requirements are predetermined games that count towards meeting those requirements by certain percentages. Slots for example contribute 100% of their value while games like blackjack don’t count at all. As we have stated before wagering requirements differ from one casino to the next and it is of utmost importance that you read up on the casino’s terms and conditions beforehand. Understanding how a particular casino’s incentives work can be hugely beneficial to your bankroll, but it can just as easily have the opposite effect if you are not clear on the rules.
Find the Best Casino Bonus Offers
It is important to know what bonuses and promotions options are available when scouting for online casino sites. Fortunately we have taken the legwork out of this for you, and you can simply follow our guide to The Best Canadian Casino Bonus Offers right here!