Discover the best welcome bonuses for online casinos in Canada!
Why you should take advantage of welcome bonuses
You will inevitably see casino welcome bonuses advertised online every day, wherever you look. The reason why is because a good welcome bonus is usually the biggest determining factor to tempt people to sign up and create an account at a casino.
Welcome offers typically consist of one of three components: free spins, free credit or percentage matches on a deposit. To put it simply, they give you free bets and therefore more chances to win.
There are a ton of benefits to accepting these offers from online casinos. Read on for some tips on what to look out for.
Risk-free reward
Casino games and slot machines work exactly the same when you’re using your bonus funds as they do when betting with your own money. Better still, if you get lucky and win, those winnings can be paid out in real money. You can use your bonus as a chance to get comfortable with a game or to get familiar with the site without any pressure, or making a dent on your own balance. If you end up losing or not enjoying your experience, you’ve lost nothing but a few minutes of your time.
Automatically credited to your account
The process to start using a welcome bonus is straightforward and self-explanatory. You’ll simply need to hit a big “Sign Up” button to register your account and follow the instructions to claim the deal: in most cases, you’ll have to place a minimum deposit amount to be eligible, which is typically $20 or so. Some casinos will even offer you a welcome deal without you having to put any money in! These are called no deposit deals. It’s as easy as that! Then, simply start playing a game that appeals to you that the bonus is available on.
Wagering requirements
As you know, casinos aren’t in the business of giving away money expecting nothing in return—that’s why welcome bonuses typically come with wagering requirements. That ensures that the casino isn’t going to make a loss every time. For example, when the terms list a “20x wagering requirement”, it means you’ll need to play through the bonus amount 20 times before you can withdraw any winnings. This is a standard protocol that you should expect to see detailed in the casino’s terms and conditions. We show what each deal’s wagering requirement is in every casino review we write, but if you’d like extra details, you will always be able to find out more from the casino’s page.
Win limits
As well as wagering requirements, casinos put a win limit on welcome bonuses in order to maintain a house edge. This means there is an upper limit on how many potential winnings you can earn from a bonus. This is usually listed in the terms as a specific amount, for example, $500. Any payouts exceeding this amount are void and go back in the pocket of the site. However, it is rare that you would win enough from your free spins to reach this limit anyway, so there’s no need to consider it a set-back.
