Online casinos use bonuses to attract new players. There are different types of these incentives, but sometimes they are merely marketing ploys. Here is how to Discover the Best Casino Bonuses offers for users from Canada in 2021.
1. Sign-Up Bonuses
To encourage visitors to register, many casinos offer a cash amount or a particular number of free spins. The latter option is suitable for slots (e.g., Mega Vault Millionaire in Zodiac casino online). Providers usually advertise progressive games, as their jackpots are the biggest.
You may get one or more spins for free — just for signing up. Alternatively, the casino may offer a set of cheaper spins. Every new player may be able to get dozens of them for a very modest payment, such as $1 for 40 spins.
2. Match Bonuses
Your casino may offer a 50% or even 100% match bonus. This means it adds the equivalent of your deposit (or part of it) up to a certain limit. For instance, you may get $100 for depositing $100. The number and size of such bonuses vary. The provider may even reward you for 5 deposits in a row.
3. Loyalty Bonuses
These are paid in addition to the rewards from the casino. For instance, members of the Casino Rewards network enroll all of their players in the program automatically. As they make bets, their status in the system rises. There are 6 tiers, each with unique gifts, promotions, and games from the international network.
So, Are These Bonuses Worth It?
To any adult, promises of free cash must sound fishy. The catch is that gambling sites never offer real money. You cannot just deposit $200, get a 100% match bonus and withdraw all the cash. If this were true, gambling sites would be bankrupt.
Generally, it is not the size of the bonuses themselves, but the wagering requirements that matter. Also known as “playthrough requirements”, they show how many times a particular bonus must be wagered. This is always expressed as a multiplier. Here is an example.
Suppose you deposit $200 to get an extra $200 from the casino, and the requirement is x50. This means that you need to wager the bonus amount 50 times. The total amount wagered will be $10,000 ($200 x 50). Only then will you be able to withdraw the bonus.
In addition, you may discover that only some games count towards the wagering requirement. For instance, blackjack offers a low house edge. This explains why it is often excluded.
Choose legit casinos and always read the fine print. However large a bonus is, it will be impossible to withdraw if the playthrough requirements are unrealistic. Online casinos do not do charity. They are designed to bring profit to their owners. Free spins and loyalty points are useful but do not focus on the cash amounts per se.