When signing up to Canadian casinos online, players often look to take advantage of the best bonuses and promotional offers. Finding the best online casino bonuses allows players to maximize their bankroll, return on investment, and overall enjoyment while playing the games that they love.
Prior to opting into a promotion or deciding to enter a promo code at an online casino, be sure to read the terms and conditions associated with the offer. Depending on where you decide to play, every online casino will have different rules and requirements to receive your bonus or withdraw your funds.
Rollover Requirements
Before we review the different types of bonuses, we’ll have to go over the concept of a rollover requirement. When signing up for a bonus, it is important to be aware of all the terms and conditions that come with accepting the offer.
A rollover requirement is one of the most common rules associated with receiving bonus funds. It normally requires players to reach a minimum wagering threshold before the bonus is granted or sign up bonus casino funds earned using the bonus money can be withdrawn. The rollover can be expressed as a multiple of the deposit or the deposit plus the money.
How do I wager my casino bonus then?
The best way to wager your casino bonus ultimately comes down to simple math. Playing on high RTP slots gives you a mathematical edge when wagering your bonus at the best Canadian casinos. A slot with a RTP of 99 percent pays back the amount wagered at a 99 percent rate. Below you’ll find a table containing the highest RTP slots available to Canadian players.
Welcome Bonus
The best online casinos offer first-time players a lucrative welcome bonus to help them maximize their bankroll and chances of winning. Welcome bonuses hand out the most dollar-for-dollar value of any bonus offer and give new users a chance to have fun while trying out different games. Some online casinos offer up to $1,500 in welcome bonus offers while others combine bonus cash and free spins to draw in new users.
Reload Bonus
Reload bonuses allow users to receive a bonus for adding funds to their account after their first deposit. While reload bonuses are usually not as lucrative as welcome bonuses, they offer players a way to boost their bankroll while sticking with the online casino games that they love to play.
Cashback Bonus
Great for players looking to mitigate their risk, money back bonuses return a portion of a player’s losses back to them over a certain period of time. The best online casinos offer players a cashback bonus, refunding a percentage of their total losses every week. For example, at Shangri La Live, users receive weekly cashback on 10 percent of all of their losses stemming from all casino games.
Free Spins
Free spins can be one of the most exciting types of bonuses for online casino players. When awarded free spins, players can win real money without risking any of their own funds. Free spins involve spinning the reel on a slot game without paying for the spin. The best online gambling sites that offer casino games will offer free spins as part of their promotions.
No Deposit Bonus
Some Canadian online casinos allow users to try their platform with a no deposit bonus, giving players bonus funds without the need to deposit any of their own cash. The no deposit bonus may include free spins or free bonus cash as part of the offer but will often be subject to a higher rollover requirement before any money can be withdrawn.