For many players, an online casino isn’t complete unless it provides bonus promotions. Bonuses boost your account balance, which means more money to play your favorite slots and table games.
Now, bonuses come in different shapes and sizes. Some promotions give you great value for your time and money. Others don’t. Against that backdrop, here’s a breakdown of Canada’s favorite casino bonus offers to look after for the best iGaming experience.
No Deposit Bonuses
Canadians love no-deposit bonuses. Here’s why. Unlike most promotions, a no-registration bonus does not ask you to link your credit card. You receive a bonus immediately after you sign up for a free account.
Some casinos welcome you with free spins to play a few popular slots. Others give you $10 or $20 to verify that the site has genuine games. Although this bonus is small, it serves several purposes.
First, it helps you build trust in a casino. Let’s say you just saw a new casino. You’re not sure whether it’s genuine. A free bonus is a good sign the site is legitimate. If it actually allows you to withdraw your bonus winnings, it’s enough proof that it’s a good casino.
First-Deposit Bonus
A first-deposit bonus is a type of welcome bonus tied to your very first deposit at an online casino. Almost every gambling site in Canada offers this promotion. The biggest difference among offers is their terms and conditions.
Look out for casinos that match your first deposit 100% or 200%. This ensures you double or triple your bankroll. More casino money means you have better chances of winning. It also gives you more time to enjoy your favorite games.
When it comes to bonus policies, focus on wager requirements, withdrawal limit, validity time and game weighting. Rollover requirements need to be manageable for you to turn a bonus into cash.
Crucially, you want a bonus that gives you enough time to spend it. If you win, it should have a decent withdrawal limit. To expound more, the best bonuses allow you to withdraw up to $5000 from a bonus.
No Wager Bonuses
A no-wager bonus is arguably the best promotion you can receive from an online casino. There’s a perfect explanation. This bonus eliminates the most inconvenient condition casinos add to bonuses: wager requirements.
For the uninitiated, wager requirements dictate the number of times you must rollover a bonus before you withdraw your winnings. For example, you have a $50 bonus with 30x wager requirements.
You must spend $1500 ($50 x 30) to fulfill the casino’s wager requirements if you want to withdraw your bonus profits.
A no wager bonus saves you the trouble of fulfilling rollover requirements. Instead, it permits you to cashout your casino winnings instantly. That said, most casinos have a limit on the maximum you can withdraw from a zero-wager bonus.
Reload Bonuses
Reload bonuses target loyal customers. They’re usually deposit-based, but they’re smaller than first deposit promotions. A typical reload bonus gives you 20% to 50% your deposit amount.
The maximum bonus you can receive varies from one casino to another. Also, each site has bonus rules. Some sites have such a high number of wager requirements that their bonuses aren’t worth it.
As a result, you shouldn’t just focus on the bonus amount. Also, pay attention to its terms and conditions. If the conditions are too harsh, look for a better promotion.
Look for casinos with regular reload bonuses. This way, you’re assured of a bonus every time you add money to your account. Or you’re assured of a weekly or monthly bonus.
Cashback Bonuses
A cashback bonus is a kickback given to customers who lose money while playing casino games. Let’s say you’ve spent $200 at a casino and lost it all. Some sites can give you 20% of your money back.
Cashback rates vary from one casino to another. Some sites give you a weekly kickback of 5%. Others give you up to half of your money back. Due to that, always shop around.
Look for a casino with a generous cashback deal. The best sites have tiered deals. The cashback percentage varies depending on your loyalty to the casino. VIP customers usually receive the most lucrative deals.
Choose cashback deals with no wager requirements. If you receive $20 as a cashback, you should have the right to withdraw the money instantly.
Live Casino Bonuses
A live casino bonus is a special reward designed for people who love table games. More precisely, this bonus targets people who play live casino games. Usually, casinos give you this bonus as an alternative to claiming the first deposit bonus.
Let’s say you’re a new customer at a casino with live casino games like poker, roulette and blackjack. You can choose to a live casino bonus to play you favorite live games.
For clarity, you can’t use this bonus to play slots, bingo or scratcher games. This makes it a good bonus for poker, blackjack and roulette players. That said, live casino bonuses also come with conditions. Always ensure a bonus has fair terms and conditions before you claim it.
VIP Bonuses
If you have a weekly budget of $500 or more, there’s a strong chance you qualify for VIP bonuses. VIP rewards vary from one casino to another. The best gambling sites give their customers the following rewards:
- Redeemable loyalty points
- Tournaments with huge cash prizes
- An account manager
- Same day withdrawals
- Large deposit-based bonuses
Truth be told, almost everyone qualifies for redeemable loyalty points. All you need is to choose a casino with a loyalty program. Then you can accrue loyalty points you could later redeem free games.
If you’re a high-stakes player, you get more than loyalty points. You also receive invitations to compete for huge cash prizes. Some casinos will even give you a supercar or a trip around the world if you win a tournament.
If that’s not enough, you get a manager to help manage your account. This manager gives you personalized bonuses. He or she also ensures you cashout your money faster than everyone else.