Online casino bonuses are everywhere nowadays, helping players get ever-increasing access to everything from free spins to bonus funds and insurance on losses. Operators use these offers to build appeal among players, with having the largest welcome bonus, for example, often being a particularly valuable selling point. In many cases, this leads to an increased customer base that outweighs the potential profit lost from running these promotions.
And it’s not just the online casino operators that benefit from offering a rich array of bonuses. Players can score various incentives in exchange for signing up to a platform or collecting loyalty points via regular gameplay and deposits. In many cases, the most generous online casinos even offer things like free spins regularly throughout the week – all you need to do is confirm you want to participate in the promotion.
Everybody wins with online casino bonuses, hence why they have become such a core part of the iGaming industry. But we never advise jumping headfirst into the world of casino bonuses without first doing some research. In this article, we’ve compiled everything you need to know regarding welcome bonuses and ongoing promotions at the top Canada online casinos. Keep reading for the lowdown.
Why do online casino platforms provide so many bonuses?
First things first, why do online casino platforms provide so many bonuses? It can seem counterintuitive for these platforms, particularly with promos like six-figure prize draws. As mentioned, however, the publicity and increased player base these operators gain from offering such bonuses ensures casino operators get a hefty return on their investment.
There are practical reasons to consider as well. For example, a casino welcome bonus lets first-time players try games without nearly as much financial burden. This allows them to zero in on their favorite slots or live dealer titles with far less stress, something that naturally creates a more positive long-term relationship than one cultivated during a real money-losing streak. For the casino, it keeps players interested in their games longer, and for players, it maximizes enjoyment while minimizing losses. Ultimately, it helps contribute to the online gambling industry’s unprecedented growth.
The most common bonus types
There are numerous bonus types available nowadays, and knowing the best ones is essential. Without understanding how each promo works, you’ll struggle to select the right one for your overall preferences. The most common promos include:
- Welcome bonus: All new players can enjoy a welcome bonus in exchange for registering on a platform and typically making a deposit. This incentive can involve free spins, deposit matches or other incentives.
- No deposit bonus: Some generous platforms even offer new customers bonuses without requiring a deposit. This is perfect for beginners or online casino fans wanting to try a new site without actually depositing any money.
- Free spins bonus: Many online casinos offer a set package of free spins on specific games. The spins are of a set value, and any winnings can be subject to wagering requirements before they can be withdrawn.
- Deposit match: A deposit match bonus can help you boost your bankroll with bonus funds equivalent to a percentage (often 100% or more) of your deposit. For example, an operator could offer a 100% up to CA$1,000 welcome bonus. This would mean you get 100% of your deposit as a gift in bonus funds, up to CA$1,000.
- Loyalty scheme: Online casino loyalty schemes reward players for depositing or playing regularly, offering free spins and other incentives. Some big-name operators even offer free hotel stays.
How to find the best online casino promotions
Finding the best online casino bonuses can be challenging if you don’t know where to look. Platforms are constantly trying to sell themselves to prospective customers, which can sometimes lead to adverse selling tactics. Here are a couple of the best ways to find these promos:
- Check comparison sites: Online casino bonus comparison sites can help you rank different casinos, depending on their promotions. This is a great way to find everything in one place, avoiding confusion and helping you focus on weighing up the offers rather than simply finding them.
- Read the terms and conditions: Reading online casino bonus terms and conditions is absolutely crucial. Generous promos can often fall flat when you check the terms and find a huge wagering requirement. This can force you into spending more money than you wanted to, or being left unable to withdraw any winnings made with a bonus.
Benefits of choosing the right online casino bonus
In the same way that companies must build business credit, players must build a healthy bankroll to keep playing. While there are dozens of strategic tactics helping casino fans conserve their bankroll, such as conservative betting systems or strict budgeting, nothing can match the satisfaction of receiving free spins or bonus funds as part of a promotion.
Some of the main benefits include:
- A larger bankroll without requiring a deposit.
- More funds to try new games with.
- A less stressful approach to learning new casino strategies.
