Online Casino Bonuses: Get Your Extra Cash
One of the greatest perks of playing gambling games online are certainly the online casino bonuses. Unlike brick and mortar casinos that normally only let players play with the cash they bring in, online casinos provide plenty of extra value for their players in the form of various bonus and free spins offers.
Bonuses make online gambling a lot more enjoyable as they allow players to play longer and have a bigger chance of winning real money. Canadian casino players can claim thousands of Canadian dollars in bonuses at countless online casino sites out there.
In this short guide to bonuses, we take a look at all the various forms of bonuses that are available, the ways to get them and the most important things that players should be aware of when claiming such offers. Keep reading and find out how you can boost your online gambling bankroll with a nearly limitless supply of no deposit bonus and other bonus offers.
How Bonuses Work
Online casino bonuses are essentially a marketing tool for online casinos. The main premise is very simple; players get rewarded in real money for choosing a particular casino over others. The bonus cash can be paid immediately upon registration or after a deposit is made, depending on the type of bonus in question.
Whichever kind of bonus a player claims, the main idea is that they get an extra shot at playing real money games on the site with reduced risk. For example, if you deposit CAD 500 with a particular casino, they may award you another CAD 500 in free play just for making the deposit.
Things really are as good as they sound as the operators will give you free cash to play with due to an incredible amount of competition in the online gambling industry. All this said, don’t think you can just walk away with the extra cash and get the better of the casinos, as there are some restrictions in place that will make you play with the money you got before you can enjoy it.
Bonus Terms & Conditions Explained
When claiming online casino bonuses, players should be aware of the fact that this money is meant for players to play with, not to take home. For this reason, casinos impose certain terms and conditions which force players to play with their extra money when they first get it.
The most important of all the terms you should understand is the wagering requirement, which is a term created specifically to stop players from trying to walk away with the money before playing it. Typically, a casino will make you play with your free money anywhere between 10 and 60 times, depending on the type of the bonus in question.
To explain wagering requirements on a practical example, let us assume you got a 100% deposit bonus on your CAD 500 deposit with a 25x wagering requirement on deposit + bonus. In this case, you would have a total bankroll of CAD 1.000 and would need to wager CAD 50.000 in total before you can cash out your winnings. Requesting a cashout before wagering this amount would let you cash out your deposit, but any winnings and extra money would be lost. To make things a bit trickier, the casino do not count wagering on all games the same, so the list of contributions may look something like this:
- Slots & Scratch Cards: 100%
- Poker Table Games: 25%
- Roulette: 10%
- Video Poker: 5%
- Blackjack: 2%
- Live Games: 0%
The list above is provisional, and every online casino has its own way of calculating which game contribute what amount to the wagering requirement. In either case, you can expect every bonus to be subject to a varying degree of wagering requirements, which is why you should always check for them when you first claim your bonus.
Apart from wagering requirements, players are advised to take note of maximum win and maximum cashout conditions, which may apply to some online casino bonuses. Before claiming an offer, it is very important to be aware of all its terms in order to be sure what you are getting yourself into.
Types of Casino Promotions
Casino promotions come in all shapes and sizes and players who are looking to get the maximum value for their playing time should be aware of all the options they have at their disposal. Whether you are looking to capitalize on your deposits or get some free spins no deposit win real money, there are options open for you. Let’s have a quick look at the most common types of online casino bonuses out there.
No Deposit Bonuses
Casino no deposit bonus is one of the most common types of promotion that online casinos throw. No deposit bonuses are awarded to players just for signing up with an online casino, without the need to deposit real money. These are an excellent way for new players to try out a site and get familiar with its ins and outs without risking any real cash.
There are many online casinos that offer real money with no deposit in Canada, and the art of finding such sites can be a great stepping stone towards making a massive online gambling bankroll. At each site that offers such a promotion, you get a free shot to try and build up a decent real money bankroll.
Free spins are another popular way for online casinos to award their players. Free spins are awarded to new players who sign up with sites or to depositors along with their real money deposits. Additional free spins are often offered by the operators to existing players who have been loyal to the site or to the general population on various occasions.
Free spins online casino bonuses are another great way to earn money in online casinos without any real risk. Since free spins don’t tie up your real money if you end up losing them, they are a completely free shot at some extra cash.
Keep in mind that every free spins offer carries certain terms and conditions with it, so those who do end up making some profit from free spins should be careful not to break these terms. For instance, most online gambling sites will require you to wager your free spins winnings a certain number of times before you can cash them out, which is a fairly standard practice.
Deposit Match Bonuses
Serious players who are looking to play real money games can benefit greatly from playing online instead of live. For every deposit made, players can claim plenty of extra value in the form of deposit bonuses, which are offered at nearly every online casino out there.
Deposit bonuses are offered to new and existing players, with new players often getting to claim some extremely lucrative offers. For instance, at most online casinos, players can get a 100% match on their first deposit and additional deposit bonuses are often included in the welcome package as well.
Like most other online casino bonuses, deposit bonuses require players to meet certain wagering requirements, which range anywhere between 10x and 40x depending on the site in question and the overall value of the bonus. In either case, make sure you fully understand the terms of your bonus offer and not to break them in order to be sure you will get your winnings in the end.
Existing casino players who have been playing at online casino for real money can expect plenty of emails in their inboxes offering them new reloads if they make a new deposit with a casino they already played with. While this may be a marketing tool used by the casinos to get your action, reload bonuses offer plenty of real value that you may not want to miss out on.
If you are intending to play for real money, playing with extra cash in your balance is the best way to do it. For this reason, you should make sure to always keep one eye on your inbox and make sure not to pass up on the best reload opportunities.
Players who play a lot at a single online casino and those who play for high stakes can expect to get some extra online casino bonuses that other players are not qualified for. These VIP and loyalty bonuses are often big in size and come with great terms and conditions, which makes them the best in the industry.
In order to claim VIP packages, you will have to show the VIP managers that you mean business by playing often and investing some real cash. However, players who are already willing to spend a lot of cash and play for high stakes are best of playing at casinos that offer plenty of value in the VIP bonus promotions.
Finding the Best Offers
With so many gaming operators and online casino bonuses out there, the real question becomes which ones to take and which to pass up on. When first starting out, you may want to take any online casino real money no deposit Canada, but things are a bit trickier when it comes to deposit bonuses.
After all, every no deposit bonus has some value in it and since there is no risk, you are bound to have some fun and potentially make a profit. On the other hand, deposit bonuses carry a risk since you have to deposit real money to get them, which makes the choice trickier.
Our recommendation is to consider the following when choosing which online casino bonuses to claim:
- Wagering Terms: The most important term of any promotions is the wagering requirement. Keep in mind how much you will have to wager in order to clear the bonus. The lower the wagering requirement, the better the value.
- Game Restrictions: Find out which games are restricted while the offer is active. Which games contribute the full wagering amount to the bonus? Choose a bonus that suits your playing preferences.
- Maximum Winnings: Some promos carry a max win condition and we recommend staying away from them. If the terms require you to make a deposit, it should not be capping the potential winnings.
- Cashable or Not: Some deposit bonuses are cashable and others are not. Cashable bonuses allow you to cash out the bonus money if you meet the wagering requirement, while non cashable only let you cash out your winnings. Needless to say, cashable bonuses offer better value.
Once you have considered all of these terms and conditions and really examined a bonus, you are ready to claim the offer. With so many online casino bonuses out there, we can guarantee you will find plenty of offers that give you what you are looking for, so make sure not to settle for less than perfection with your bonus offers.
Claim Your First Bonus Now
Canadian players are a lucky bunch as there are few nations who can claim a greater number of online casino bonuses in the world. With so many online gaming sites open to Canadians and so many promotional offers, the only thing that remains is to take your pick and start playing.
We recommend you start out by claiming your very first online casino Canada no deposit bonus and make your way up from there. There are hundreds of dollars in no deposit bonus value available at dozens of online casinos out there and plenty more once you are willing to make your first deposit.
As a real money casino player, you should never be playing without any extra cash as doing so seriously diminishes your long term profit potential and makes it that much more difficult to make that big score, so start claiming your promos and enjoy the world of extra value and extreme winning opportunities.