First of all, let’s try to identify what a casino bonus means.
It represents a promotion given by online casinos to attract new players or reward existing ones. It can be free credit or prepaid spins on certain slots, which are called no-deposit bonuses. It can also be a percentage of the deposit amount, up to a maximum limit, which are called deposit bonuses. The bonus amount is usually subject to wagering requirements and other terms and conditions that must be met before the bonus can be withdrawn. You should always read the fine print before claiming any bonus.
How many bonus types can we find for online casinos?
How many bonus types can we find for online casinos?There are plenty of them. Some of the most common types of online casino bonuses include:
- Signup bonus – known as Welcome bonus mainly: This is a bonus that is given to new players when they sign up for an account at an online casino. It can be in the form of free spins or bonus cash that can be used to play games.
- Existing player Bonus: Represents a bonus that is assigned to players who have already made a deposit at an online casino. It can be in the form of free spins or bonus cash that can be used to play games
- Free Spins Bonus: This is a bonus that gives players free spins on certain slot games. The number of free spins can vary depending on the casino
- Cash Back Bonus: This is a bonus that gives players a percentage of their losses back. For example, if you lose C$100, you might get C$10 back as a cashback bonus, depending on the bonus percentage
- Deposit Method Bonus – Interac is the most used: This is a bonus that matches a percentage of your deposit with the stated payment method up to a certain amount. For example, if you deposit C$100 with Interac and the casino offers a 100% match bonus up to C$500, you would get an extra C$100 in bonus cash.
- No deposit Sign Up Bonus: This is a bonus that is given to new players without requiring them to make a deposit, in the first place. It can be in the form of free spins or bonus cash.
- Reload Bonus: This bonus can be given to existing players when they make another deposit. Likewise, it can be in the form of cash bonus or free spins.
- Loyalty Bonus: It is a bonus that can be attributed to players who have been playing at an online casino for a long time. It can be in the form of free spins or bonus cash
The most common casino bonus in Canada is the Welcome Bonus (also known as the Signup Bonus). This is a bonus that is given to new players when they sign up for an account at an online casino. It can be in the form of free spins or bonus cash that can be used to play games.
Now that we know what an online casino bonus represents, lets see how we can claim and activate it.
The most important aspect here is to always remember to read and understand the full terms and conditions stated for each online casino and bonus, equally.
Basically, you’ll need to follow the same steps as for any other country, with some additional considerations in Canada. Below, check these steps:
●Find a reputable online casino that offers a bonus that suits your preferences and budget. You may always check our reviews for many tested casinos.
●Register for an account at the online casino and verify or confirm it if required. You may need to provide some personal and financial information, such as your full name, address, email, phone number, date of birth, and payment method, according to you personal preferences and from the available list. You will also need to prove your identity and age, as online gambling is only legal for people who are 18 or 19 years old or older, depending on the province you live in.
●if applicable, claim the bonus by entering a bonus code or contacting customer support. Some online casinos will automatically credit the bonus to your account after you make a qualifying deposit, while others will require you to enter a specific code or contact the support team to activate the specific bonus.
●Play through the bonus by meeting the wagering requirements and other terms and conditions, as stated. Wagering requirements are the number of times you have to bet the bonus amount or the bonus plus deposit amount before you can withdraw any winnings. Other terms and conditions may include time limits, game restrictions, maximum bets, and maximum winnings.
●Withdraw your winnings using your preferred payment method. You will need to choose a payment method that is accepted by the online casino and that is convenient for youYou should also be aware of the tax implications of your gambling winnings, as they may be subject to income tax depending on your circumstances.
Seen as a reward that you can receive for opening an account, making a deposit, or playing certain games at an online casino, every bonus comes with some terms and conditions that you need to be aware of before claiming it. These are the rules and requirements that you must follow in order to use the bonus and withdraw any winnings from it.
Some of the main terms and conditions for an online casino bonus are:
●Wagering requirements: These are the number of times you have to bet the bonus amount or the bonus plus deposit amount before you can withdraw any winnings. For example, a 40x wagering requirement on a C$100 bonus means that you need to wager C$4,000 before you can cash out. Wagering requirements vary depending on the casino and the bonus, and they affect your chances of turning the bonus into real money.
●Maximum withdrawal limits: These are the maximum amount of money you can withdraw from your bonus winnings. For example, a C$100 bonus with a C$500 maximum withdrawal limit means that you can only cash out up to C$500 from your bonus winnings, even if you win more. Maximum withdrawal limits vary depending on the casino and the bonus, and they affect your potential profits from the bonus.
● Game restrictions: These are the games that you can or cannot play with your bonus money. For example, some bonuses may be valid only for slots, while others may exclude certain games or game types. Game restrictions vary depending on the casino and the bonus, and they affect your choice of games and your contribution to the wagering requirements.
●Time limits: These are the time frames within which you need to claim, use, and wager your bonus money. For example, some bonuses may expire after 7 days, while others may last for 30 days or more. Time limits vary depending on the casino and the bonus, and they affect your ability to complete the wagering requirements and withdraw your winnings.
●Bonus codes: These are the special codes that you need to enter or provide when claiming a bonus. For example, some bonuses may require you to enter a code like GET100 when making a deposit, while others may require you to contact customer support with a code like FREE10. Bonus codes vary depending on the casino and the bonus, and they affect your eligibility for the bonus.
Depending on the specific offer or casino bonus, there may be other terms and conditions, needed to be met. You can find the terms and conditions of any bonus on the casino’s website or by contacting their customer support.
What Payment methods can I use to activate the bonus?
We prepared you a full list with the most common payment methods used in Canada:
Credit and debit cards: These are the most widely accepted and convenient payment methods for online gambling. You can use Visa, Mastercard, or American Express cards to make instant deposits and withdrawals at most online casinos, but be aware of any fees charged with the transactions.
E-wallets: These are digital wallets that allow you to store and transfer money online. You can use e-wallets such as Skrill, Neteller, PayPal, ecoPayz, MuchBetter, and Jeton to make instant deposits and withdrawals at online casinos. E-wallets also offer more privacy and anonymity than credit cards, as you don’t have to share your card details with the casino. However, some e-wallets may charge fees for transactions, and some online casinos may not offer bonuses to e-wallet users.
Interac: This is a Canadian payment network that allows you to make online payments directly from your bank account. You can use Interac Online or Interac e-Transfer to make safe and reliable deposits and withdrawals at online casinos. Interac is also widely accepted and eligible for bonuses at most online casinos. However, Interac may not be available for all banks or regions in Canada, and some banks may charge fees or impose limits for gambling transactions.
Cryptocurrencies: These are digital currencies that operate on decentralized networks using cryptography. You can use cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, Litecoin, BNB, Cardano, and others to make fast and anonymous deposits and withdrawals at online casinos. Cryptocurrencies also offer low fees, high security, and high volatility compared to other payment methods. However, cryptocurrencies are not widely accepted by online casinos or regulated by authorities, and they may require technical knowledge and special wallets to use them.
InstaDebit: This is a Canadian payment network that allows you to make online payments directly from your bank account. You can use InstaDebit to make safe and reliable deposits and withdrawals at online casinos. InstaDebit is also widely accepted and eligible for bonuses at most online casinos. However, InstaDebit may not be available for all banks or regions in Canada, and some banks may charge fees or impose limits for gambling transactions. InstaDebit also offers an extra layer of security by acting as a buffer between your bank account and the casino site, so you don’t have to share your bank details with the casino.