Perhaps what makes virtual casinos more enticing than their brick and mortar counterparts are the offers and promotions, from welcome bonuses to VIP offers. To ensure you don't pass out on these opportunities, you need to understand the various kinds of offers you are likely to find on gambling sites. Here's an overview of what you should expect.
Signup Bonuses
Converting new members to depositing members is probably the most difficult yet important task casino operators are faced with. To give themselves some leverage, they introduce welcome offers, and these usually don't require you to deposit any of your money. Free spins, free plays and free cash are some of the gifts you can expect to find in a signup package.
Welcome Offers
They are very similar to signup bonuses, in fact, they are sometimes used interchangeably. However, welcome bonuses don't just apply to recently signed members, but also members who have yet to make a deposit. Welcome bonuses also come in packages and they may also include free spins, free cash, free plays, match deposit and cashback bonuses.
No Deposit
Picking the most favourable online casino is no easy task, and making the decision to become a long-term member isn't easier, but the decision has to be made. Fortunately for all players who would like to test the water risk-free, no deposit promotions are available. With these promotions, you are given the chance to play a variety of games without having to deposit your own money. No deposit bonuses include free money or free cash, no deposit free spins and free play. They all have different wagering and withdrawal requirements, but the fundamental concept is pretty much the same.
Match Deposit
Match deposit gifts will match your deposit by a predetermined percentage, up to a certain amount. Let's say you deposit $50 and the promotion states that it will match your deposit by 60%, then $30 will be credited back to your account. There's a catch though. If the offer stated that you will get 60% back, up to $20, that means the maximum amount that you can get back is $20.
Reload Bonuses
These are quite similar to welcome promotions, with the only exception being that they are given to existing players, usually as part of a loyalty program. Reload bonuses may at times be offered as an extension of the signup offer. Match deposits, cashback and free spins are common bonuses given as part of a reload promotion.
VIP Promotions
As the name suggests, these are highly exclusive gifts handed out to the most loyal and high stakes members. You can expect to get the typical bonuses like free spins, free plays and even match deposits, but they are much more favourable when they are offered as a VIP promotion. In addition, VIP members are also given other privileges like higher comp points and higher withdrawal limits.
Cashback Bonuses
Cashback bonuses can be included in a welcome package bonus or part of the VIP/Loyalty program but can also be offered separately. A cashback bonus is an incentive that gives you back a portion or percentage of the money you have lost while betting on specific games. Online casinos classify these perks as second chances or rewards for the most loyal players. To claim a cashback bonus, you will need to meet some preset conditions. For example, to qualify for the 10% cashback offer at OneCasino, you'll need to take into account the deposits and withdrawals you have made during the previous week. If you haven't withdrawn 25% of your deposited money, you will get a 10% cashback bonus. For example, if you have made a CA$100 deposit and withdraw only CA$20 afterward, you will be eligible to receive a CA$10 cashback bonus.
Claiming an Online Casino Bonus
Locating and claiming an online casino bonus is a walk in the park; there are two ways to do it. The first option is to head over to the cashier section, click on deposit, and enter a promo code tied to your chosen offer before making the payment. For no deposit promos, you can visit the promo section, open the dedicated bonus page for your chosen promotion, and click the claim button.
Bonus Terms and Conditions
Now that you know the various promotion types and how you can claim them, we can dive deep into the terms and conditions of these offers. There are three key requirements that you need to understand before claiming a promotion at a Canadian Online Casino. The first requirement you'll face is the minimum deposit unless the offer is classified as a no deposit deal. Most online casinos in Canada offer their perks for a minimum deposit of CA$10; however, you will come across sites that require a larger deposit. Wagering requirements come next; most perks will have a set wagering requirement that needs to be met before you can request withdrawals. Anywhere between 20x and 40x is according to the industry standards, but any higher number will be hard to fulfill. Bonus validity is another important aspect, as usually, online casino cash bonuses are active for 30 days. Free spins, on the other hand, can sometimes be limited to 24-hour validity. Last, you should be mindful of the eligible games since bonuses are usually tied to specific titles or certain types of games. Placing bets with bonus funds on eligible games is considered a bonus violation and may be a reason for the casino to void your funds.
The good thing about promotions offered by casino sites in Canada is that they are all-inclusive, so everyone in the food chain gets to be pampered.