What Are Casino Bonuses?
Even if you’re new to the world of online casinos, you can probably guess what a casino bonus is. You know how Vegas casinos give comps in the forms of free drinks, accommodation, or extra chips? Online casino bonuses up the ante with extra money you can spend under certain conditions in the casino. They are one of the best aspects of online casinos, with many players saying that these bonuses and free spins are even better than comps or extra chips in Vegas.
Why? Well, comps come only for players who spend big. In online casinos, everyone can get a bonus. Welcome bonuses are for new players, while deposit bonus offers are for new and existing players both. They are the ace in the sleeve of online casinos. Since competition on the market is rough, casino sites promise free money to lure players in and grow their fanbase.
Of course, nothing ever comes for free in a casino. There’s no such thing as free money, even in the case of a no deposit bonus. The fact is that casino bonuses come with plenty of bonus terms and conditions, many of which might be unfair. Of course, we only feature the best casino bonuses in 2024, meaning you get the latest casino bonuses with the fairest terms.
Casino Bonus Types
Almost every gambling site offers a casino welcome bonus, but the extra money can also come in other shapes and sizes. There are many different casino bonuses to claim and they’re not all tied to a deposit. Cashbacks and reloads are for loyal players, just like VIP rewards. New players get a deposit bonus and free spins in most casinos, while the best gaming sites will offer no deposit bonus spins or something similar.
Let’s take a look at all the different casino bonus offers and say a few important things about them.
Welcome Bonuses
Nearly any casino in the industry has welcome deposit casino bonuses for new players. It’s pretty strange when a site doesn’t have one, but it happens. The good news is that the casinos we recommend all have a welcome bonus, which you can most likely claim on your initial deposit.
Welcome bonuses are a great idea for new players as long as the terms are fair. In the online gambling industry, it’s the most common type of bonus you’ll come across. In general, casinos usually offer a 100% match bonus on your first deposit which typically come with free spins. The bonus spins are a nice touch, especially when they’re available on the top slot games. Of course, the welcome package is never free. You must wager the deposit bonus and free spins winnings a certain number of times before you can claim any winnings.
Deposit Bonuses
Online gambling sites will continue boosting your bonuses beyond the welcome package. A deposit bonus may cover any of your deposits 100% or less. They have terms and conditions too, and work best when their wagering requirements are low enough. Keep an eye on other important terms when claiming a deposit bonus, more specifically the maximum bonus you can claim, the bet size, and eligible games.
No Deposit Bonus
This is the Holy Grail among casino bonuses online. The no deposit bonus doesn’t need you to fund your account in order to get bonus money. Due to that fact, it’s typically smaller than a deposit bonus or the batch of free spins you get as part of the welcome package. A no deposit bonus might also be exclusively offered from the casino’s partners, in which case it might require a bonus code.
Typically, the no deposit offer will be a free spins bonus, something like 25 spins on Starburst on sign up. It still comes with a host of terms, so read the fine print before you claim it, no matter how good it looks.
Cashback Bonuses
Cashback casino promotions give you cash back under certain conditions. It’s not an absolute must for all online casino sites, but its use is on the rise in recent years. Cashbacks are usually delivered on net losses during a certain period, and are available to all players unless stated otherwise.
Reload Bonuses
Reload bonuses reloads your bankroll every week or month. A reload bonus is commonly part of VIP packages, where the higher you climb up the VIP ladder, the more frequent reloads you’ll get.
Free Spins
Free spins are pretty common casino bonuses that you can only spent on online slot machines. They usually come as part of welcome bonuses, and are typically among the top online casino bonuses you can use. Of course, just like any other bonus, they have wagering requirements too, so they’re not free to use despite the name.
You can get bonus spins on the biggest slot hits or new online slots. They can come in two varieties – a deposit match bonus or a no deposit offer. More often, free spins are handed out as a mobile casino bonus to get players to download an app. Online casinos offer them pretty often, since it’s not extra money you’re getting. But, you can win real money and convert your free spins winnings once you complete the wagering requirements.
Loyalty Bonuses
Loyalty bonus offers are for VIPs only. These bonus winnings aren’t necessarily money. Some online casinos offer gadgets, trips, and other exclusive bonuses to VIPs, so it’s not just only bonus funds you’ll be getting.
Wagering Requirements
If you’ve ever claimed an online casino bonus, you’ve surely seen the term wagering requirements and wondered what it is. It’s the most important part of bonus T&Cs, stating how many times you need to play the bonus over to claim your winnings. No bonus comes for free, and the wagering requirements are the price you pay for using the extra money or free spins.
To put things into perspective, when you claim a $100 bonus with your casino account with wagering requirements of 20x, you need to spend a total of $2,000 to be eligible for a withdrawal. That’s a lot of money, which is why you should read the terms before you claim a bonus. That’s how casino bonuses work, and if you’re not ready to cover the wagering, you shouldn’t even claim a bonus on your first deposit or otherwise.
Most online casinos will keep the wagering in the 20x-30x range, which is high enough. For a clear shot at your winnings, we suggest finding bonuses with wagering requirements of 10-15x.
Withdraw
No, you can’t, and that’s where the wagering requirements come in. The best casino bonus sites will keep them low and fair. Of course, you will also come across casinos where the sign up bonus has unreasonably high wagering requirements. Online casino bonuses worth thousands of dollars mean nothing if the wagering is set to 50x or something of the sorts. There’s no amount of real money casino games that can help you wager bonus money that high, much less in a short timeframe.
In most cases, this will just be an unused bonus, especially if you’re a new player not ready to spend big on online casino games.
Casino Bonus Examples
While casinos are free to set their own bonuses, most stick to a certain pattern, especially when talking about the first deposit bonus or welcome bonuses. Free spins also always come in batches, meaning you won’t ever see a single or a pair of free spins offered – there will most likely be 10, 20, 30, or even a few hundred.
- Welcome bonus: 100% match on your first deposit up to $100 + 100 free spins (wagering requirements 30x in 30 days, max bonus bet $5. Maximum bonus amount – $200)
- Deposit bonus: 75% boost on your deposit on Wednesday (wagering requirements 25x, maximum bonus amount $100)
- Free spins: 20 free spins on Book of Dead when you deposit $50 or more on Tuesdays
- Cashback bonuses: 10% cashback on net losses from Monday to Friday
- Reload bonuses: Happy Hour reload bonus of 40% every Friday from 5-7 PM
How to Find the Best Casino Bonus
How to Find the Best Casino Bonus
There are plenty of fish in the casino bonus sea, but they’re not all worth a catch. The best deposit and free spins bonuses are right here on this page, and our experts have ranked them after a thorough inspection of their terms and value. A generous welcome bonus might look great to the untrained eye, but no matter how much bonus cash it offers, it may ultimately be let down by its terms.
Let’s take a look at what you need to pay attention to when getting ‘free cash’ in casinos on the web.
Minimum Deposit
The first you need to check is the minimum deposit. For example, a welcome bonus shouldn’t have too high of a min. deposit. It should be in the $10-$20 range, since you’re already spending money to get your bonus worth. If the minimum is set to $50, something’s fishy and you should take a look at the terms. Most players aren’t willing to spend more than $10 or $20 on welcome deposit bonuses, so you should get a look at this condition.
Bonus Size
The size of the welcome bonus or any other bonus for that matter is important too. It doesn’t matter if it’s a generous sign up bonus if the terms are unfair. The best online casino bonuses will give you a reasonable bonus amount with low wagering requirements and other solid terms too.
Wagering Requirements
We already talked about the wagering requirements. Different bonus types will have different wagering, so depending if you’re getting a welcome bonus or a match bonus, you will find the wagering different.
Eligible Games
Not all casino games qualify for bonus wagering. For example, live casino games are almost always excluded from the wagering. In most cases, all bets on slots with a deposit match bonus will count compared to a live casino bonus which is specifically aimed at live dealer titles. Keep an eye on the list of excluded games, as some might not qualify for the bonus bets at all.
Casino Bonus Code
When getting a reload bonus, loyalty bonuses, or any first deposit offer, check if it needs a bonus code. If you don’t redeem it, you won’t be able to get and spend the bonus amount.
5 Online Casino Bonus Tips
Casino Bonuses Can Be an Opportunity to Experiment
The great thing about casino bonuses is that they give you the opportunity to experiment. For example, you can try new games with the bonus funds. Even if you lose it all, you still got a few good tries to see how that new game works. Deposit bonuses are perfect for this kind of offer, and free spins are a godsend for slot fans. Since you’ll be getting both a deposit casino bonus and free spins as part of the welcome package, why not put them to good use and try out a few new games? Maybe you’ll end up finding new favorites.
Remember to Read the Terms and Conditions
No matter if we’re talking about free spins, deposit bonuses, or a welcome bonus, reading the terms is a must. And yes, we know that most of us just skip everything past wagering requirements because it’s boring. But, bonus money doesn’t come for free, and if you’d like to keep what you win, the fine print must be read.
Don’t Always Settle for The Biggest Offer
Another important thing to keep in mind is that you don’t always have to settled for the biggest casino bonus offers. 500 bonus spins certainly sounds nice, but they must come with many strings attached. The same goes for deposit bonuses, or any other offer in the online gambling industry. Size doesn’t matter – it’s fair terms that count.
Don’t Always “Go for The Gold” When Utilizing a Bonus
Some people think that just because they got a casino bonus, they should risk more money. While bonuses are great for experimenting, you shouldn’t always go for the gold. If you’re smart, you’ll put that first deposit bonus to good use and make the most out of it by playing with a plan, not randomly placing bets.
Stay Within the Terms and Conditions, So the Bet Doesn’t Get Invalid
Once you’ve read the terms and conditions, you should stick to the rules. The best online casino bonuses will keep the T&Cs fair and easy to follow. If you don’t follow the rules of a free spins bonus or any other, you will lose the extra funds.
Online Casino Bonus Terms and Conditions
The bonus lingo can be confusing, but we’re here to let you in on a few of the most important terms. Whether it’s casino or sports betting bonuses, the language is the same, so you’ll meet the same terms.
- Minimum Deposit: the minimum deposit is the first thing you’ll meet on a banner along with the wagering requirements. It states the minimum amount you must spend in order to claim a bonus.
- Wagering Requirements: as mentioned earlier, this term explains the number of times you need to play the bonus over before you can withdraw. For example, a bonus of $50 with wagering of 10 means you must spend $500 before making a withdrawal request.
- Maximum Bet Size: the maximum size of the bet you can play with the bonus. You can splash the full amount in one try, with most bet sizes capped at $5 per spin or round, depending on the casino games.
- Maximum Bonus Cash: this term describes the maximum amount of bonus cash you can get when you claim a bonus offer.
- Eligible Games: the list of slot games and other types of games that you can spend casino bonuses on. They don’t the same to the wagering. Typically, all bets on slots will count, but live casino games may not count at all.
- Bonus Codes: some deposit bonuses (or any other bonus offer) will require you to use a bonus or promo code. It’s usually a bold-lettered phrase or word that describes what the bonus offers.
FAQ: Casino Bonuses
Casino bonuses are special offers that can be claimed by new players upon sign up or loyal players as they continue to deposit and play.
All Canadian online casinos have bonuses on offer. The majority will offer welcome bonuses, paving the way for deposit and no deposit bonus offers, free spins, and loyalty rewards.
It depends on what you like. Slot fans prefer free spins, while regular players like deposit bonuses. Make sure to check the promo lobbies of online casinos to see what each one offers and find one that will suit your interests the most.
No, you can’t. While there are some exceptions, you won’t be able to mix most casino bonuses with other offers.
There are plenty of casino bonuses to be excited about. Each online casino determines the frequency on its own, but in general you can expect a welcome bonus, deposit and no deposit bonuses, free spins, and other offers pretty frequently.
Yes, all bonuses have the maximum bet size capped. In most online casinos, it’ll be set at $5. When it comes to free spins, they’re worth less than a buck, usually $0.10 or $0.20.
No, you can’t. Since you’ll need to complete the wagering in a pre-determined period, it’s best to start using your casino bonus right away.
Pros & Cons of an Online Casino Bonuses
Pros
- You can use an online casino bonus to win real money
- Bonuses are a great way to try new casino games
- The best casino bonus will give your bankroll a real big boost
Cons
- The wagering requirements are often set too high
- You can’t win life-changing money with a casino bonus
Where Can Players Find the Best Online Casino Bonuses?
No need to look for the best casino bonuses on your own. Players have the top casino promotions right here on this page, so you can just point and click.
Final Words: Online Casino Bonuses in Canada
If the terms are fair, we see no reason why anyone should skip a first deposit bonus. Or free spins for the best online slots – you’re bound to have one or another in most online casinos. Online casinos have great offers in 2022, and they are pretty ease to get and use, even if you need to use casino bonus codes. From the welcome bonus to deposit casino bonuses and no deposit offers, you should embrace them all and put them to good use – they’ll surely be worth at least something.