Top Casino Bonuses for Canadians
With so many casino bonuses advertised across the Internet, it’s hard not to be drawn in by what appear to be fabulous offers. Some of them are genuinely great deals, designed to boost your account balance, whilst others come with a lot of conditions attached that make it nearly impossible to get your hands on any free funds.
Gamblinginsider.ca is here to help! If you want to find out more about the different types of online casino bonus offers then read our quick guide below or, if you’re looking for the best Canadian casino bonuses online then scroll down to see our top-recommended choices.
Benefits of Bonuses
There are numerous advantages of online casino bonuses. Aside from the obvious, there are also several that you may not realise upfront. For example, you can try out new games and strategies using your bonus funds, so that you don’t risk any of your own hard-earned greenbacks. The casinos we endorse all offer a variety of amazing promotions and rewards, and you can use these to your benefit every time you play. Learn more about each of them, and you’ll see the benefits of each one.
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It’s important to be aware of the terms and conditions when you sign up to receive a Deposit Bonus, as there tend to be stipulations attached that dictate how you can spend your deposit or withdraw any winnings. In most cases this comes in the form of a Wagering, or Playthrough, Requirement. These Requirements means you must play through your initial deposit and bonus a set number of times before you can withdraw your winnings.
Wagering Requirements are put into place to stop Bonus Abuse, which is what happens if a player only plays with a bonus and then attempts to remove it. Some players have been known to accept the bonus and then immediately attempt a withdrawal, something that online casinos definitely do not take lightly.
Not only does a bonus first need to be spent, it also needs to be wagered based on the Wagering Requirements. To illustrate the point, if you’re given a C$10 with wagering requirements of x30, it means you need to wager an amount of C$300 on games before you can withdraw.
Look at the completion of your wagering requirements as the real start of your earning potential from a bonus. In the case of a free money bonus - one that gets issued without you having to make a deposit - the amount itself will often not exceed C$50 and you will find in most cases that there will be a cap on the withdrawal. The withdrawal amount could be anything between C$20 and C$100.
Most of the time Wagering Requirements don’t get met and the bonus is absorbed back into the casino, but it is definitely possible to meet wagering requirements and then cash out. A standard Cash Back Bonus, is the best route in terms of avoiding limitations on capped winnings. Its’ a flat exchange of cash for a little bit extra and if you manage to meet the Wagering Requirements, you’re out of the woods.
Try and avoid accepting another bonus while you’re still meeting Playthrough Requirements on a previous bonus. Yes, you may have more to play with but you’ll also have a lot more wagering requirements to meet. The fact of the matter is that if you’re going to take a bonus you need to accept the fact that you have more cash to play with and you have more chances to win but it’s also offset by the Wagering Requirements.
In addition to wagering requirements, other casinos may request that you wager your deposit in a certain way in order to claim your winnings; this might include a minimum stake or chip value is required when playing through your deposit, or that you use your bonus on certain games. You should also look out for an expiration date on your deposit, as some casinos limit the amount of time you have to spend your money.
What does it all mean? Either way you look at it, approach it or handle it; it’s always a gamble!
Types of Bonuses
Generally a casino’s biggest bonus is their Welcome Bonus. Also known as a Sign-Up Bonus, this serves as an incentive for you to register, and often takes the form of a Match or Percentage Bonus. This means your deposit may be matched dollar for dollar for as much as 100%, or even higher. Your bankroll is thus greatly increased, and you can reap all the benefits of having more money to play with from the very first wager that you place at a casino.
You can place bigger wagers in the hope of larger returns, play for longer and therefore potentially win more, and enjoy higher-stakes games if desired. Welcome Bonuses might be given on your first deposit, or simply when you register and before you put any money into your account – in which case they are called No Deposit Bonuses.
No Deposit Bonus
A No Deposit Bonus does just what it says on the tin – players will receive a small sum of money without being asked to make a deposit. Because the No Deposit Bonus is genuinely free, it won’t be anywhere near as large as a Deposit Match Bonus. Therefore players could expect to receive somewhere between $5 and $30 from an online casino promising a No Deposit Bonus. Don’t discount these amounts, though – they may be small, but they are completely free, without any Wagering Requirements, and you get to keep whatever you win!
First Deposit Bonus
This attractive-looking bonus is usually a nice large sum of cash and tends to be offered in the form of a percentage of your initial deposit. For example, a 100% Deposit Bonus will match your deposit (usually up to a given limit), so if you deposit $200 then you’ll receive $400 to play with.
These bonus amounts vary a lot between different online casinos so it’s always worth shopping around for the best deal. Luckily for you, we’ve done the hard work for you! Scroll down to see the best bonuses at the top online casinos.
Free spins are a fabulous way to boost your chances of winning big when playing slots games. As slots are essentially games of chance, the more you play the better your chances are of landing a winning combination. With Free Spins you’ll enjoy extended playing time, and can increase your chances of striking it lucky, courtesy of the casino. Look out for Free Spins offers on recently released slots, as these give you the chance to try out a brand new game, and potentially land a jackpot win!
A Redeposit Bonus promises rewards to loyal players who continue to deposit at the same online casino. Not all casinos offer a scheme like this, but those that do tend to promise around about 50% of your continuing deposits as an on-going Bonus. Make sure to look out for these when signing up to an online Casino as they can really benefit you in the long run. Since you’ll be putting more funds into your player account anyway, you might as well get as much benefit from the transactions as you can..
If you regularly tell your friends about the amazing casinos you play at online, a Refer-a-Friend Bonus is the one to look out for. This bonus may take the form of free cash, Free Spins or other lucrative rewards, and it’s as easy as asking your friends to sign up and enjoy the same top notch gaming you are!
Keep an eye out for these bonuses at the best Canadian casinos, as they really are money for nothing and a great way to reap the biggest rewards. The more friends you refer, the more you can claim, making it easier to win big!
High Roller Bonuses
Land-based casinos always look after their high rollers, and online casinos do exactly the same. If big bets and high-stakes games are your favourite, then a casino that offers high roller bonuses is your ideal gaming destination.
High Roller Bonuses may be in the form of very generous cash awards, or they may provide players with entry into exclusive prize draws for rewards like exotic holidays, hi-tech gadgets and even cars. What’s great about online casino bonuses for high rollers is that they may be awarded to players who make a single large deposit, or who play regularly and spend a required amount. If you can attain high roller status you can enjoy multiple perks simply for going large!
Cash Back Bonuses
A Cash Back Bonus is exactly what it sounds like. A casino will essentially give you back a portion of your money to use again. A Cash Back Bonus is generally calculated based on your losses and the casino will return a set sum for you to make use of all over again. Deposit Bonuses are wonderful, but if you find a casino that offers regular cash back rewards, you can improve your chances of winning dramatically.
Many of Canada’s best online casinos feature Loyalty Clubs or Programs that are well worth signing up for. Several of these programs work on tiers, and as you progress up the ranks your perks improve and increase. The benefits of joining a Loyalty Club are almost self-explanatory, and as they don’t cost you anything extra, you can claim continual benefits just for enjoying real money games. If you find a casino that offers a regular rewards system that suits your style of play, it’s a sure winner!Free spins, extra casino credits, entry into exclusive tournaments and so much more are all on offer online. As with Redeposit Bonuses, you’ll get more rewards for activities you would be engaging in anyway. Keep an eye on the hot new bonuses and promotions that we’ve made sure you have access to, along with the generous Loyalty Programs, and enjoy the best online gaming in Canada. You can claim brilliant bonuses at a site that’s been rated tops, and discover world-class entertainment at your leisure!
Claim Your Bonus Now
Now that you’ve read our quick guide to online casino bonuses, you are equipped with the basic information you need to find a fantastic bonus at one of the best Canadian online casinos. Check out our recommendations below, and read our casino reviews to make sure you are making the best choice for you.