Find the Best Online Casino Bonus Offer in Canada
All online casinos in Canada offer bonuses to their players. It is both a way to acquire new players and to keep existing and loyal players happy. As a new player in any casino, you can expect to receive a lucrative casino bonus offer, which will boost your casino bankroll significantly and give you more playing time without risking more of your money. Bonuses come in different shapes and sizes, and usually, these offers come with strings attached to them. On this page, we will go through the most common casino bonuses and explain how wagering requirements work. To top it off, we have also put together a list of the casinos with the most interesting bonus offers for you.
Casinos With the Best Casino Bonus Offers in Canada
Different Types of Casino Bonus Offers
Below we will go through the most common types of casino bonus offers you will commonly come across in Canadian online casinos.
Welcome Bonus Offer
The best and usually biggest of all bonuses is the welcome bonus. This bonus is offered to new players, and only available on their very first deposit (or the first few, if the bonus is part of a package, e.g. 100% on 1st deposit, 50% on 2nd deposit, and 25% on 3rd deposit). This type of casino bonus offer usually gives you the most bang for your buck. It is an essential marketing move for online casinos as they are competing with countless other brands for your attention, so most operators won’t hold back on their offers. But big is not necessarily better. It all comes down to the terms and conditions of the bonus and specifically the wagering requirements. We will go through this aspect in greater detail further down the page.
A welcome bonus commonly comes in the form of a matching deposit, where the casino will give you a match on your deposited amount.
For example, a 100% match up to $100. If you deposit $100, you will get another $100 in bonus money. However, if you deposit $500, you only receive $100, as this is the maximum bonus amount. Most often, the bonus money is not real money and cannot be withdrawn straight away. Before the bonus money is converted into money, you need to play through the wagering requirements (more on that later). Free spins are often part of a welcome bonus, where on top of your deposit bonus, you would also receive a number of free spins.
Great deal tip: when it comes to welcome bonuses, JackpotCity casino offers an unbeatable value for your money with up to a $1,600 welcome bonus package. For more info, check out our review of JackpotCity.
Free spins are the most common type of online casino bonus offer. These can be offered as part of welcome bonuses, promoting a new slot game, or as part of recurring weekly promotions.
Free spins are pretty much what it sounds like, free spins on slot games. The casino will award you with a set number of free spins. The free spins are often tied to a specific slot game, a couple of different slot games, or games from a particular game provider like Microgaming or NetEnt.
Winnings deriving from free spins usually turn into bonus money and have wagering requirements attached to them. Less often, special promotions may offer Free Spins, the winnings of which do not have any wagering requirement. Free Spins make a great loyalty reward, as casinos can manually adjust the value of the spins credited, making it an ideal bonus for both regular, as well as high-value players.
Free spins are the most common type of No Deposit Bonuses.
No Deposit Bonus Offer
No deposit bonus is exactly what it sounds like; no deposit is required. All you need to do is register and, in some cases, verify your account or add a payment method. In doing so, your account is credited with the no deposit bonus. As you can imagine, these bonuses are scarce, but it does happen that you come across online casinos that offer these types of bonuses. Free spins are almost always awarded in a no deposit bonus.
One important thing to keep in mind is that no deposit bonuses usually have a maximum payout amount. This rule only applies for no deposit bonuses offered on registration, before making any deposits. Casinos may limit the maximum amount you can withdraw after winning with a no deposit bonus before you have made any deposits with them.
No Deposit Bonuses as Loyalty Rewards:
The maximum payout rule does not usually apply to regular free bonuses issued as loyalty rewards throughout your journey with a casino. Almost every casino on the market offers loyalty bonuses to their players, and although not all of them offer such bonuses to you directly, most often you can request one from the customer support department. Any such bonuses are based on a personal account review, taking into consideration your winnings, or the number of bonuses you receive or claim from the casino, among other factors.
For players who are active regularly and deposit higher amounts, such bonuses usually are of good amounts and have greatly improved wagering requirements.
Reload Bonus Offer
A reload bonus is a bonus offered in relation to any subsequent deposits you make, after you have claimed the welcome offer of the casino, or it has expired. Reload bonuses follow the exact same concept we broke down in detail in the welcome bonus offer section, only these are bonuses offered during your journey with a casino brand. They can be offered directly to you, as an extra because of your loyalty to a given brand, or as part of promotional campaigns from the casino sent to all players or a group of players.
These can vary greatly, from 10% of your deposited amount to 200% of your deposited amount, depending on the campaign.
In simple words, cashback is a partial cash refund of your losses in the casino. Cashback can be offered as a loyalty reward exclusively to you, if a high-value player has lost a large sum of money in a short period of time, to give you another chance to turn their luck around.
Cashback can also be a recurring offer. Some brands have standing promotions, where players are eligible for a small percentage back on their losses over a period of time (weekly, monthly) amount you are awarded is directly tied to how much money you lose. In this case, you will get back 5% of the money you lose during the month. Usually, the money is paid out at the end of the month or the beginning of the following month.
Often cashback money is credited as real money with no wagering requirements. In the case of the cashback having wagering requirements, these are usually low, 2x or 3x.
Have a look at our review of Wildz, who offer up to 20% cashback to their loyal players on a weekly basis.
Wagering Requirements Explained
If you have played in online casinos for a while or watched some casino live streams, then you probably heard the words wagering requirements or bonus playthrough. Or maybe you already claimed a casino bonus and didn’t manage to withdraw it. Explanation in the Terms And Conditions of casino sites can be way too confusing. It is time for you to stop guessing and really understand how they work as we go through the topic and explain why it is so important to check what the requirements are before jumping in on the first best offer you come across. When it comes to a casino bonus offer, large matching percentages and huge sums are not necessarily the best.
What are the wagering requirements?
A wager is a bet you make in an online casino. The wager amount is the bet amount. If you bet $0.10 per spin in a slot game and make 100 spins, you would have accumulated a total wager amount of $10 ($0.10 x 100). Most online casino offers, and definitely all welcome bonus offers come with wagering requirements (WR).
Some casinos only apply the wagering requirement conditions on the bonus amount, while others apply it to both the deposit money AND the bonus amount. Most often, the WR % is around 35x – 50x. Simply put, you need to bet the amount 35x before you can make a withdrawal. It is essential to read the terms of the bonus before you start playing, to understand if the WR will apply on bonus only, or on the entire amount, including your deposit. Always be alert if the wagering requirements seem low. A 25x WR that apply on deposit and bonus amounts can end up being a worse deal than a bonus with 40x wagering on bonus money only.
A quick calculation to give you a better understanding:
You deposit $100, you receive a 100% bonus of $100 – you have $200 to play with.
If the bonus has 40x wagering requirements on bonus only, then you need to make wagers (bets) for the amount of $4,000. Now, if you did not take the time to check the bonus terms, and it turns out the 40x WR applies on BOTH deposit and bonus money, then you would have to make bets for $8,000 before you start playing. Not so fun, right?
Once you start playing with a bonus, you will usually have a timeframe, in which you need to complete the wagering requirements of the bonus. Most often, this timeframe is 30 days from when you make your deposit and select the offer.
Does playing any game help us to turnover the bonus requirement? No, unfortunately not. Games, where the risk is higher for the casino, like live casino or table games, highly volatile slot games usually contribute only a small percentage towards the wagering requirements when playing with a bonus. Sometimes, such games may even be excluded and contribute nothing towards your bonus requirements, so if you get stuck spinning through a thousand dollars worth of bets on an excluded game, you may find your remaining % left to wager is the same as when you started.
We stole a snippet from one of our favorite brands, Casimba (see our review of Casimba, where you can get a visual of this. Of course, this differs from one brand to another, so make sure to always check the terms of the bonus.
Why do wager requirements exist?
Despite what you may think, wagering requirements are not some conspiracy to get more money from players. Wagering requirements are used to comply with anti-money laundering regulations. Without the wagering requirements, casino bonuses would be a hotbed for fraudulent activities. Criminals could deposit illegal funds and then withdraw clean money along with a bonus.
Online casinos would not be able to sustain their business if they were giving free money away either. Fortunately, most casinos apply fair wagering requirements that are possible to play through. Watch out for unfair wagering requirements. Before qualifying for a casino bonus offer, we suggest that you carefully read the terms and conditions and the wagering requirements. If you have trouble finding this information or interpreting the terms, we suggest that you contact the customer support team of the given brand for further clarification.
Online casino bonus offers are a great way to get more bang for your buck. Even if you don’t manage to clear the bonus, you will get more entertainment out of your deposit, so there is not much to lose. However, there are good and bad online casino bonus offers. Watch out for brutal wagering requirements, and make sure to read through the terms and conditions of the casino bonus before getting tied to it.