Welcome Bonuses for Casino
What is a welcome bonus?
In any casino, welcome bonuses offer huge perks and determine whether the Canadian player will turn into a customer. Bonuses come in different setups and as the gambling world gets competitive, more online casinos offer better welcome bonuses. A welcome bonus or sign up bonus is any sort of incentive (free money, free spin, etc) that new players get in exchange for becoming a member of the online site. Usually, the freebie can’t be monetized immediately and you have to use it to play games and win in order to cash out your welcome bonus.
Generally, welcome bonuses will only be available once you sign up or immediately you make a deposit of a certain amount. Either way, you will still have to read all terms and conditions to make a decision which is the best for you. That said, let’s have a deeper look at how welcome bonuses work for online casinos in Canada.
How do welcome bonuses work?
Welcome bonuses come in various forms and as the details get finer, it can be hectic to know just how they work. But it is really easy to find out how any welcome casino bonus works. Here are steps that’ll get you on track to win your welcome bonus.
- First off, find a casino that has the most suitable welcome bonus
- Click on register and fill in your details such as legal name, age, financial status, address in Canada, etc.
- Make your first deposit (if it is a requirement to qualify for your bonus)
- Enter any bonus code if required
- Check for wagering requirements and work towards reaching them to claim your full winnings
Types of Welcome bonuses
Welcome bonuses come in different faces and players in Canada will be happy that each type has its own advantages. Luckily, by the end of this piece, you’ll be able to identify welcome bonuses and how they differ from each other.
No Deposit Bonus
The first type of welcome bonus is the no deposit bonus. It is a lucrative bonus as new players don’t need to make any deposits when they sign up. An online casino’s no deposit bonus may consist of free money or free spins, both of which you have to play first to fulfill wagering requirements before you can claim the bonus. No deposit bonuses usually have a time limit and you’ll have to use it fast once you’re signed up.
Match bonus is another very popular welcome bonus pack and more than 90% of casinos offer match bonuses for new players. So why is it popular? Each gambler gets a certain percentage of their deposit amount back just by placing a deposit. The percentage will vary and can be any figure, 100% or even 500%. Match bonus money is placed in a separate account in your casino so you’ll know when to use it. Once you get winnings from match bonuses, the amount is credited to your real money account.
This bonus applies to slot machines and you are given free slots to play once you register with the preferred site. More often, online casinos will give you a match bonus along with free spins as a welcome package. For instance, you might get a 200% matching bonus up to C$ 2000 plus 100 free spins. As before, you need to read the finer prints and understand the value of your free spins. All winnings from free spins will be deposited into your account.
How to choose the best welcome bonus?
Check the maximum amount and bonus percentage.
Before joining any online casino in Canada, make sure you have a look at the percentages of bonus given and compare with other casinos. Also, ensure you find the maximum amount you will get once you claim your welcome bonus.
Check for game choices
Any online casino welcome bonus has a lot of conditions, and one of them is the type of game you’re required to play with that particular bonus. These games will contribute towards your wagering requirements as some will have a better impact- make sure you check those. Knowing the impact of a game on your welcome package will better your chances of winning.
Read terms & conditions and wagering requirements
The most crucial part of any promotion is the terms and conditions section. Here, the online casino lays out all the information required to fulfill your eligibility for a certain welcome bonus. When you read the terms in every casino’s welcome package, you’ll be surprised just how many bonuses look juicy at a glance, but not worth it.
Take note of the limits
Sign up bonus offers don’t last a lifetime and you’ll want to explore this option before the time expires. For most casinos, you have 7 days to claim your welcome bonus and 30 days to use them once you’ve claimed the bonus. As a hint, look for bonuses with longer time limits as they’ll help you get all the details of the bonus and make a sound decision if they are worth a try.
Consider excluded payment methods
This majorly applies to deposit bonuses where you have to credit your online casino account prior to claiming any bonus. An Online casino welcome bonuse can decline/revoke specific payment methods due to violations or compliance issues. In most instances in Canada, Neteller, Skrill, and Paypal are exempted as viable payment options in claiming welcome bonuses.
Deposit Vs No Deposit Welcome Bonus
When going for welcome bonuses in Canada, you’ll often come into two categories of welcome bonuses- deposit and no deposit bonus. The main difference between these two is how you pay for the welcome bonus.
No deposit bonuses usually mean that a player doesn’t have to deposit any amount to get a welcome bonus. In short, the casino will simply offer free spins or chips to play once you register an account. Here, the goal of the casino is to get you to try out their games as the offer doesn’t involve a lot of money/chips. No deposit bonuses are usually in the range of $5 plus 20 spins or $5 no deposit bonus plus 50 free spins. Deposit bonuses, on the other hand, are quite lucrative and will offer a percentage of your deposit money back. Please note that you have to make a minimum deposit to be eligible for such bonuses.
Casinos that offer deposit bonuses usually aim to increase interaction with the site and get to try out the multiple games available. Sometimes they specify what kind of games you need to play with your deposit bonus.
Common Welcome bonus terms and conditions
Here are some common terms and restrictions, you’ll come across when reading through the welcome bonus terms and conditions;
- Eligibility – only 18+ individuals are accepted with proof of identity
- Bonus codes – sometimes you need to enter codes to activate your bonus
- Geographical restrictions – bonus only applies to players in Canada
- Wagering requirements – amount you have to play before you can withdraw your winnings
- Max bet – The maximum amount you can bet on a single event using bonuses
- Bonus expiration – bonuses will expire after a certain period, always check these dates