After considering things like whether a casino is licensed to operate in Canada and the selection of games it offers, it’s important to make sure you also take a look at the online casino bonuses you can get access to.
If you’re someone who wants to maximize the value of your deposits, then these casino bonuses can be very helpful. At the same time, they can sometimes come with strict terms and conditions, so in this guide, I’ll tell you more about the most important things to consider and explore the different types of bonuses you can access.
Types of Casino Bonuses and Promotions
When it comes to taking advantage of the best casino bonuses, it’s really important that you understand the different types of promotions and offers that are available.
There are several types of bonuses that you’ll see at these online casinos. Some of these bonuses ensure you get better value for your first deposits.
There are also bonuses that you can access even if you haven’t added funds to your account yet.
In this section, we’ll take a closer look at the different types of casino bonuses that you can get when you decide to explore these online platforms.
This will help you get a better idea of what each bonus type offers and how much value it can really add to your gambling experience.
Welcome Bonus
The most common kind of promotion includes online casino welcome bonuses. This is basically a type of bonus that an online casino gives you when you register for an account.
In most cases, you’ll need to make a deposit into your casino account before you’ll be able to access these bonuses.
Welcome bonuses generally give you some bonus money that the casino adds to your account. It’s usually in the form of a deposit match bonus.
Let’s say the casino offers a 150% deposit match bonus. If you decide to deposit $100, then the casino will give you a 150% bonus on this deposit. That means you get an additional $150 to play with.
There are usually limits to how much the casino offers with this type of deposit match bonus. If the promotion offers a 100% deposit match bonus up to $300, then depositing more than $300 won’t get you a bonus that goes higher than this amount.
Some casinos will offer a welcome package instead of just a single welcome bonus. If this is the case, you’ll be able to get a deposit match bonus on the first couple of deposits you make.
You’ll usually notice that in these cases, the maximum value of the bonus you claim gets better with your second, third, or even fourth deposit.
Here’s an example of how this type of welcome package may work:
- 1st deposit: 100% match bonus, but limited to $100
- 2nd deposit: 80% match bonus, limited to $300
- 3rd deposit: 50% match bonus, limited to $1,000
This helps to ensure you can continue to enjoy bonuses loaded into your account even after you’ve added funds to your wallet for the first time.
Free Spins Bonus
Another type of bonus that you may notice when it comes to online casinos includes free spins.
When you want to play online slots, you’re going to place a bet and then hit the spin button on the game’s screen. This will cause the reels to spin, revealing new symbols. You’ll then see whether or not you’ve won anything.
Free spins basically give you a chance to spin these reels for free without having to risk any of your real or bonus money that’s currently in your account. It’s a great way to continue spinning reels without the risk of losing some of your actual money.
It’s important to note that free spins will often have certain restrictions that you shouldn’t overlook. For example, they will often come up with terms that tie them to a specific online slot that the casino hosts.
In this case, you can only use the spins on the specified game. If you enter any other slot, then you’ll be betting money from your actual account balance (or bonus wallet).
Apart from this, the free spins will also place a specific bet on the slots you play. For example, the free spins may be valued at $0.25 each. This means the bet amount that the slot will set when you use the free spins will be a total bet of $0.25 per spin.
No Deposit Bonus
A very popular type of promotion that some casinos offer would be no deposit casino bonuses. These bonuses are awarded to you for just registering. You don’t need to make a deposit into your casino account before you can access them.
In most cases, you’ll find that a no deposit bonus has low value. However, they can still give you a chance to really try out the casino for yourself before you decide if you want to add actual money to your account.
Use the no deposit bonus to try out a couple of games and see how things work on the platform. This gives you some first-hand experience and the ability to make an informed choice when it comes to deciding if you want to use the casino.
A no deposit bonus will usually include some free spins that you can use on a select number of online slots.
There are some cases where you may find a casino that gives you some bonus money to play with, even if you don’t make a deposit. A $5 bonus for signing up is an example of a no deposit bonus that gives you free money to play with.
It’s important to note that these bonuses come with strict requirements before you qualify for a withdrawal. This is to ensure the casino doesn’t just give out free money that you can withdraw without actually playing.
Some of these bonuses may also require you to make an actual deposit into your casino account before your winnings will be available to withdraw. This is something important that you should keep in mind before you decide to take advantage of these bonuses.
Cashback Bonus
You’ll also notice that there are some casino cashback bonuses that you can claim on certain online platforms.
These bonuses won’t give you extra money to spend when you decide to register and make a deposit. They also don’t generally give you free spins.
Instead, cashback bonuses work a bit differently from your average bonus. When a casino promotes a cashback offer, it means it will pay you back a certain percentage of your losses. There are different kinds of cashback bonuses, but this is usually the main element related to them.
Let’s say a casino gives you a cashback bonus that covers 20% of your losses. If you spend $100 on the casino and it all turns out to be losses, then you get $20 back.
There are a couple of casinos that offer cashback on your deposits as well. They may simply refer to this as a deposit bonus, but it usually counts for adding funds to your account well after you’ve made your first deposit.
You’ll often notice that these bonuses are only available on certain days of the week. However, the specific terms and rules can differ from one casino platform to another.
Bonuses for different payment methods
Apart from the fact that you can get access to different kinds of bonuses, there’s another type of bonus offer that you’ll sometimes see at online casinos. This includes bonuses that are exclusive to people using specific types of payment methods.
This section will take a closer look at common payment options that often come with bonuses you can access if you use a specific method to fund your account.
PayPal Bonus
PayPal has become one of the world’s biggest payment systems. It’s a digital wallet and a very convenient way to pay for goods and services on the internet.
One of the major benefits that PayPal offers is the low transaction fees. In fact, when you decide to use PayPal as a payment method to deposit funds at an online casino, there’s a good chance you won’t have to pay any transaction fees.
Many casinos that offer PayPal as a payment option will allow you to claim exclusive bonuses if you decide to use this digital wallet
There are different kinds of PayPal bonuses that you can get at these casinos. For example, online casino welcome bonuses may include some extra free spins if you choose PayPal during the deposit process.
Many mobile casino bonuses will also have this kind of exclusive offer. This is because PayPal easily integrates with mobile sites. When you proceed with the checkout, the website opens up the PayPal app on your phone, making it super easy to authenticate the transaction.
PayPal deposits are processed instantly, which means there’s no need to worry about any delays before you can actually access the funds that you want to deposit into your online casino account.
Skrill Bonus
Similar to PayPal, Skrill is also an online digital wallet. You can easily add funds to your Skrill wallet from a credit or debit card.
The platform also supports connecting to certain bank accounts. One thing that sets Skrill aside from other payment methods is its support for online gambling activities. It’s one of the most preferred payment gateways for online gamblers.
When it comes to accessing a Skrill casino bonus, you can look at what’s available right inside the official Skrill mobile app. You can also view the same promotions by logging into your Skrill account using a web browser.
You’ll be presented with a variety of offers and promotions at different casinos. You can browse through them and learn how you can take advantage of the bonuses that Skrill offers you when you register through them.
These bonuses may include free spins, bonus money, and other things that enhance the value of your deposits.
It’s one of the few platforms that can give you access to an exclusive bonus when you want to gamble online. These will usually be in the form of a sign up bonus. The deposit casino bonus may require you to use Skrill as your deposit method.
Once you’ve claimed the sign up bonus at the supported casino sites, you can win real money by using bonus cash and free spins. Whether you get 50 free spins or 100, it’s always important to understand the wagering requirements. Even with this type of bonus at the best online casinos, there will still be terms that you’ll need to understand.
Neteller Bonus
Neteller is a payment system that gives you access to a digital wallet, as well as a way to pay directly with your credit or debit card. The platform is quite popular, with millions of people using it to transact online.
Apart from the online wallet, there’s also the Neteller prepaid card. This card can be purchased from a variety of vendors.
You can decide how much funds you want to add to the card and then use it to deposit this money at an online casino that offers support for Neteller payments.
If you decide to use a Neteller Prepaid Card, then it also means you don’t actually need a bank account to fund your online casino account.
Bitcoin Bonus
Cryptocurrency has become really popular in the modern day. Bitcoin was the original one, but since its launch over a decade ago, this cryptocurrency has been joined by several new altcoins.
The convenience and speed of transactions on the blockchains behind cryptocurrencies are what make so many people prefer this as a payment option at online casinos.
You’ll find that there are several types of Bitcoin casino bonuses that you can take advantage of on the market. Many of these bonuses will give you free spins if you decide to deposit funds using a cryptocurrency.
In most cases, these bonuses will not only apply to Bitcoin. If you use certain altcoins, like Tether, Ethereum, or Litecoin, you may be able to use them as a deposit method as well.
How to Find the Best Online Casino Bonuses
You should now have a better idea about the different kinds of casino bonuses that are available. With this said you’ll still need to filter through a wide variety of these bonus offers and promotions to find the one that you want to opt for.
Knowing what to look for in a casino bonus will help you find the offers that are ideal for your online gambling journey. This is exactly what you’ll learn in this section, as I’ll explore some of the most critical elements that you should never overlook when you try to determine which are truly the best casino bonuses.
Bonus Value
Start by considering the actual value that you get with the bonus. If it’s a deposit match bonus, then take a closer look at the percentage they will match your deposit.
A higher percentage can generally offer more generous bonuses, but you also have to consider the maximum limit that the bonus offers when matching your deposit. You need to get a thorough overview of what the bonus actually gives you to understand its value.
Terms
Never overlook the terms that you agree to when you decide to opt for a casino bonus.
Regardless of the type of bonus, they generally come with rules, regulations, and even wagering requirements. Always inspect these elements to get a better idea of what exactly you can expect from the online casino.
Limitations
Take a closer look at any limitations that apply to the bonuses that the casino gives you. For example, if the casino offers free spins, make sure to look at the terms.
They may limit these spins to specific games. If that’s the case, look at the slot that you can spin with the bonus. Consider things like the slot’s return-to-player rate, the design, how it works, the max win, and how volatile it is. This will help you understand if the slot you can use these free spins on is actually worth playing.
Casino
You shouldn’t just focus on the bonuses and promotions that are available. Make sure you also consider the specific casino that’s offering the bonus.
If you fail to consider the reputation and licensing of the casino, you may end up choosing an online platform that’s not trustworthy.
Do some research to find out more about the specific casino. That’s going to shed light on which of these casinos not only offer generous bonuses but are also ones that you can trust with your money and personal details.
Payment Options
As you assess the different casinos that offer these bonuses, you should also look at the banking options that you can use at each of them.
This includes options for both deposits and withdrawals. Make sure there’s a versatile range of payment options that you can choose from. This way, you shouldn’t run into any trouble trying to fund your account or when requesting a payout for your winnings.
Games
The games that the online casino hosts are another thing that you shouldn’t overlook. Keep in mind any specific preferences that you have, as this will give you a better idea of what you should look for when browsing through the selection of gambling titles you can play at these casinos.
It’s a good idea to look for a diverse variety of games to ensure there’s always something new for you to discover.
Wagering Requirements
While there are a couple of no wager casino bonuses that you can opt for, most of the promotions at online casinos will be tied to wagering requirements.
This is a set of things that the casino checks off to determine whether or not you can actually request a withdrawal.
Before you can withdraw funds from your online casino account, you’ll need to have met all of the things that the casino checks for. Luckily, online casinos generally make it easy to access the wagering requirements.
You’ll usually see a link to a page titled “Bonus Terms,” “Bonus Terms and Conditions”, “Bonus Rules”, or something similar.
There are different ways in which an online casino can structure the wagering requirements of a bonus. They often tell you that you’ll need to wager money on games at the casino a certain number of times.
Other terms may include wagering a certain amount of money, sometimes calculated with a multiplication of the bonus money you received.
For example, if you got a bonus of $100 and the wagering requirement is 10x, then it means you’ll need to wager at least $10,000 before you’re able to send in a withdrawal request at the casino.
In other cases, you may find that the casino requires you to wager, let’s say, 50 or 100 times before you qualify for any kind of withdrawal.
Some casinos have two separate wallets. In this case, you have a safeguard over the real money that you decide to deposit at the casino.
Bonus funds that you get as part of the promotions the casino offers you will then be credited to your bonus wallet. The wagering requirements will then usually apply to the bonus wallet and not the wallet that holds the funds you initially deposited.
Casino Bonus Terms and Conditions
When you decide to take advantage of the best casino bonuses that are available in Canada, it’s important to read through the terms and conditions before you decide to hit the opt-in button or use a bonus code that was sent to your email.
The terms and conditions of casino signup bonuses, as well as the ongoing promotions, will tell you more about what you can expect.
I already discussed the fact that there are wagering requirements to consider with these bonuses.
Similar to these wearing requirements, the terms and conditions will hold further details that tell you everything you should know before you use the bonus.
These terms may include jurisdictions where the bonuses cannot be redeemed, specific payment methods that you need to use if you want to use a specific bonus, and more.
Most casinos will make it easy to see the terms and conditions that are tied to the bonuses they offer. Take a moment to really read through these details. This will make sure you have a thorough understanding of the bonuses and the rules.
Conclusion
Casino bonuses can be great in cases where you want to get more for the money you decide to deposit. However, it’s really important that you consider the types of bonuses each casino offers. Some bonuses are tied behind wagering requirements and may even restrict your ability to withdraw the actual funds you deposited. Make sure you understand the terms and conditions of these bonuses before you decide to activate them.