No deposit bonuses, match deposit bonuses, welcome bonuses… what does it all mean? Well, if you enjoy playing online casinos, then it’s about time you got to know about the highly-coveted casino bonus. Cashing in an online gambling bonus means you get free money to play at the casino. Need I say more? This site highlights the best gambling offers at online casinos in Canada. we make sure to check for new offers on a regular basis so you can cash in the latest and best gambling bonuses out there. I also look for the best no deposit bonuses which give away free money to players without requiring any actual deposit. Meanwhile, I take a look at the fine print so you get your money’s worth.
Welcome Bonuses for Canadian
Players in Canada can find all kinds of bonuses available at legal online gambling sites. New players can take advantage of no deposit bonuses, sign up bonuses, or welcome bonuses which they get by joining a casino. This gives new players a great opportunity to try out a new casino or test different games risk-free. After playing for a while, you’ll come across other types of promotions like monthly reload bonuses, high roller bonuses, free play bonuses, and more. The best gambling bonuses award players a lot of money with minimal wagering requirements.
What is it – Wagering requirements refer to how many times a player must play through before they can cash out money from their account after accepting a casino bonus. Each online casino has their own policy when it comes to wagering requirements. Often times gambling sites require players to wager between 20 times to 60 times before they can cash out. The best gambling offers have lower wagering requirements around 20 times (often written as 20x).
Contribution percentages – Now, you also want to check the fine print about which games count toward the wagering requirements and by how much. I typically find that online casinos prefer players to bet on slot machines or poker machines. Therefore, these kinds of games usually count 100% toward the wagering requirements per turn. Card and table games like online poker, blackjack, or roulette might count for less, let’s say 10% toward wagering requirements. Meanwhile, some games may not count at all toward the wagering requirements.
Example – Let’s take a look at a casino I recommend, 888 Casino. They have a welcome bonus offer of $1,000 to new players. Players need to wager 30 times before cashing out. Those who pay with Neteller get an even better deal with a 20 times wagering requirement.
As for the games, video slots, online slots, scratch cards, keno, race, arcade, and dice contribute toward 100% of the wagering requirements for the welcome bonus. Meanwhile, roulette, pai gow poker, Caribbean poker, triple card poker, and poker tables contribute toward 20% of the wagering requirements. Blackjack, live casino games, hi-lo, video poker, power video poker, and baccarat contribute toward 10% of the wagering requirements while craps counts toward 5%. Since all of their games at least count toward the wagering requirements to some extent, 888Casino is an example of a casino with a good bonus policy.
Cashable vs. Non-Cashable Bonuses
You also want to know the difference between a cashable and non-cashable bonus. A cashable bonus means players are allowed to cash out once the meet the wagering requirements. With a non-cashable bonus, players cannot cash out the money without completing strict wagering requirements. This means the bonus will remain in the account until it is lost.
Basically, you should check the policy of the site before accepting the bonus. When choosing an online casino, consider the type of player you are, which games you prefer, and how much you plan to bet. See if the site has reasonable terms that include the kind of games you want to play. For example, if you like blackjack, you should look for a welcome bonus in which blackjack counts towards the wagering requirements. Make sure to choose a site that has the best gambling offer to suit your needs.
Recommendations for clearing bonuses:
- Choose the bonus wisely. Cash in a bonus with reasonable wagering requirements.
- Make large deposits so that you can get the highest amount possible according to the bonus terms.
- Keep playing at the same casino. The more you play at the same casino, the sooner you will meet the wagering requirements so you can cash out your winnings.
- Don’t cash out too early. Some casinos have a policy against cashing out early. If you do this, you may lose the bonus.
- Check time limits. Some casinos give players a window of time to meet wagering requirements. Make sure you check the terms so you know how much time you have to use the bonus.
Types of Online Casino Bonuses
No deposit bonuses: A no deposit bonus stands out as one of the best offers out there. As the name suggests, a no deposit bonus awards free money and free spins without requiring the players to make a deposit. Usually, all you have to do is register with the site. This bonus makes sense for anyone really, but also for players who want to try out a new casino for the first time.
Sign up/welcome bonus: Welcome bonuses or sign up bonuses are probably the most common bonuses you’ll find. These bonuses give players money for signing up at the casino. Typically, casinos will split the welcome bonus into three deposits in which they match a percentage of the deposit.
Mobile and app bonuses: With the popularity of smartphones and tablet devices, online casinos joined the trend by offering mobile casinos and casino apps so you can play on the go. Some sites even offer mobile and app bonuses offered exclusively through your mobile device. This bonus makes the most sense for players who prefer gambling via their smartphones or tablets.
Monthly reload bonuses: Online casinos offer reload bonuses to players who have already made a deposit at the site. Many sites lure in new customers with a welcome bonus, and then don’t offer anything after that. If you like a casino, you should check to make sure that the site offers bonuses like a monthly reload bonus to benefit returning players.
Refer a friend bonus: Gambling sites like to give back to players who refer their friends to their site. That means you get extra money when your friend makes a deposit at the casino. Usually, these bonuses are around $50 per referral.
Preferred payment bonus: Some casinos give away bonuses when you make a deposit using a certain payment method. Make sure to check the terms and conditions to see if you can get a little extra for choosing one of the preferred banks.
Free play bonuses: Also known as free time bonuses, free play bonuses give players a certain amount of time to play games for free. You could get 30 minutes, 1 hour, or even 24 hours of free play. Plus, you get to keep your winnings. Usually, they do not require any deposit. This makes a great choice for new players or for trying out a new casino.
Free spin bonuses: A common bonus found at online casinos, free spins bonuses give players a certain number of spins on games like slots or roulette. This offer is great to try out new slots or ones you never played before.
High roller / VIP bonuses: Casinos often reward players that bet with a lot of money. High roller or VIP bonuses typically come in the form of match bonuses for large deposits. That means that the casino will match a percentage of the deposit. This makes sense for players who like to gamble with a lot of money.
So whether you’re a high roller or just looking for some extra cash, online casino bonuses offer huge advantages to any player. Make sure to read my online casino and bonus reviews to check out the latest offers. Who knows? With some extra money in the bank, you could win a million dollar jackpot.