- Posted by alvifaiq
- On March 2, 2022
As mentioned, there is an array of welcome packages to be found online. Some offer a few hundred Canadian dollars, while others offer thousands. Players need to do some research though, as bigger may not always mean better. This is because big bonuses can sometimes have bigger wagering demands. Therefore, we advise checking the welcome bonus wagering requirements before taking advantage of a sign up bonus.
If you’re a Canadian player looking to max out your deposit buck, you have plenty of outstanding options. Below are three online casinos offering great welcome bonuses for Canadian players:
What Are Casino Bonus Codes and How Do They Work?
Casino bonus codes are codes given to players that can be exchanged for casino reward offers. For example, a casino may offer a 200% match bonus on your first deposit if you use the code WELCOME when making your first deposit.
The way a casino bonus code works is simple. When signing up for an account or making a deposit, you will be presented with a bonus code or promotional code box. If you have a code, you will enter it in the box. Codes that are still valid will then apply the offer to your account. In our earlier example, if you deposit $100 and enter code WELCOME, you will have $200 in bonus money applied to your account.
The most common casino reward code offered is a Welcome Bonus code. Other times, you’ll receive bonus code offers for reload bonuses. Most bonus codes consist of bonus money, but some will also provide extra spins.
Pay close attention to the terms of the bonus code offer. Sometimes these codes are only applicable for the first deposit, such as a casino apple pay welcome bonus code. For some reload bonuses, you must have made a prior deposit or deposited within a specific time-frame to use the code. Other times, bonus codes are only available during certain times, such as a reload bonus code that’s only available on Monday.
What Are Wagering Requirements?
Many people wonder what the catch is when getting these types of casino bonuses. The truth is, players always need to keep the specific terms and conditions in mind. When casinos first started to give bonuses, it wasn’t long before players began abusing the system. Often they would claim the casino rewards bonus before quickly cashing out. This caused the online gambling sites to lose a lot of money. Because of bonus abusers, casino sites in Canada and around the world introduced wagering requirements.
If a player claims a bonus, there is a wagering requirement attached to it, such as 30x or 40x. Say, for instance, you claimed a bonus and have CA$1000 in your account, including the amount deposited. If it has a 30x wagering bonus, you will need to wager a total of $30,000 to release the bonus. Each type of game also counts as different amounts towards the wagering requirement. If you wager $1 at an online slot, it will count 100%, or $1 towards the wagering requirement. However, certain table games will not count at all or might only count 10%. So, a CA$1 bet on one of these games will only count as CA$0.10.
Players need to make sure they know the wagering requirement to avoid confusion when they try to withdraw their money.
Do Sign Up Bonuses Vary Depending on Your Deposit Method?
Casino bonuses can indeed vary depending on which deposit option you are using. For example, you may receive a larger deposit bonus by making a deposit using Bitcoin or other cryptocurrencies. Other times, some casinos will not allow you to use free spins bonuses when making a deposit using Skrill or NETELLER.