Online Casino Bonuses

Many people would choose traditional casinos over online casinos because of the excitement that comes with the physical setting. However, they do not realise that online casinos have that excitement and with a plus! These betting sites will give you bonuses, something you will hardly find at land-based locations. In this guide we will tell you all about online casino bonuses and how you can start claiming them!

What are Online Casino Bonuses?

Online casino operators know that they need more than just words to make you try their casinos and stay there. An online casino bonus is a way for these operators to attract new players and keep them. They are rewards given to players after registration or deposits. Online casino bonuses could be offered as a welcome package, to VIP players, and even to regular players on a particular game. These bonuses always have terms and conditions attached to them. So, make sure to read the fine print before claiming any bonus.

What are the Types of Online Casino Bonuses?

There are several types of bonuses and every online casino bonus in Canada functions in a different way. Read on to find out the different types of bonuses you will find at online casinos in Canada!

Welcome Bonuses

A welcome bonus is probably the best Canadian online casino bonus. This is because it tells you most of what you need to know about the casino you are joining. A welcome bonus is also known as an online casino sign up bonus. This casino bonus is offered to players once they sign up and make their first deposit. It could come as free spins, a match bonus or an offer that has both. Welcome bonuses always have terms and conditions attached to them. These terms and conditions could include but are not limited to wagering requirements, time limits, and maximum winnings.

No Deposit Bonus

We really love an online casino with no deposit bonus! They will allow you to claim a reward without having to deposit a single dollar. However, you will need to register. They usually come in the form of site credits or as free spins. Usually, the casino will dictate which games you can play with this bonus. They are available to new and returning players alike. Watch out for the terms and conditions because these bonuses usually come with really high wagering requirements.

Match Bonusus

These are some of the most common casino offers. Some betting sites will require you to enter online casino bonus codes to claim them. With this type of bonus, the casino will match the player’s deposit to a certain percentage. While most casinos match deposits to 100%, there are some casinos that will match up to 500%. This is how a match bonus works. Say you deposit $20 and the online casino has a 100% match bonus offer available. If you choose to claim this bonus, then you will get an extra $20 to play with. These bonuses always have terms and conditions attached to them.

Reload Bonuses

The best online casinos offer rewards to their existing players as well! Reload bonuses are some such rewards. Casinos use them as a way to reward players for making deposits. Reload bonuses can be offered on a weekly or monthly basis. A great example of a reload bonus is a casino offering 50% on your first deposit every Monday. So, if you deposit $50, then you would get an extra $25 to play with. If you claimed a welcome bonus before, then you would have to fulfil the wagering requirements before claiming a reload bonus.

Cashback Bonus

As we mentioned before, we love online casinos that have offers for returning players. with cashback bonuses, players can claim a percentage of the losses they made on a particular game or during a set period. Although the standard percentage usually ranges from 10% to 20%, the figures vary from casino to casino. Cashbacks are usually attached to welcome bonuses. If you claim a welcome bonus with 10% cashback, then you will get 10% of your net losses back after you fulfil wagering requirements. Cashback bonuses usually do not come with wagering requirements, but they do have other terms and conditions.

Loyalty Bonuses

Casinos reward the most loyal players for their constancy. These bonuses are exclusive to certain players. Usually, loyalty bonuses come in the form of reward schemes where, depending on the tier players are in, they get special rewards. Casinos give players loyalty points that can be converted into extra casino cash and sometimes real money. Loyalty bonuses also come as free spins, cashbacks and reload bonuses. At some online casinos, VIP players have access to special VIP managers and exclusive tournaments.

Bonus Terms and Conditions

As we mentioned before, bonuses always have terms and conditions attached to them. Let’s have a look at some of the most common bonus terms and conditions.

  • Wagering Requirements: A wagering requirement is a multiplier that represents the number of times a player has to bet and play through to be able to claim any potential winnings. Let’s say a casino offers you a 100% match bonus on your $10 deposit and this bonus has 30x wagering requirements. To claim any winnings, you would have to play and bet through 30 x $10 = $300. Wagering requirements for free spins are attached to the winnings from the free spins and not the number of spins.
  • Time Limit: Players have a set period after which they would not be able to claim a bonus. Also, there is a time limit on the wagering requirements. If players do not fulfil them within this time, the bonus and any potential winnings will be nullified.
  • Maximum Winnings: At most online casinos, there is a limit on the amount of money you can win from a particular bonus.
  • Maximum Bet: Online casinos put a cap on the amount you can put on one stake when you are trying to fulfil the wagering requirements.
  • Wagering Conditions: There are some games that do not count towards fulfilling the wagering requirements. You will find all of this information in the terms and conditions section.

Online Gambling in Ontario

Since April 2022, online gambling is legal in Ontario. Operators who wish to operate in the province have to register with iGaming Ontario, pay a $100,000 licence fee and pledge 20% of revenue to taxes. If you’ve been looking for the best online casino in Ontario, then we are here to help you!

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