Casino Bonus Codes

Explained: What Does Online Casino Bonuses Mean?

The term online casino bonus refers to cash that allows new players to gamble for free. Usually, an online gambling platform rewards its new customers. All bonuses, regulations for their obtaining and wagering rules are declared into a special Bonus Policy section. The essential goal of the bonuses is to keep new customers engaging and encourage their interest.

Let’s start with the very beginning and clarify the fact that bonuses aren’t the act of philanthropy. A user cannot withdraw money for free from the balance until the bonus casino requirements are fully fulfilled following the wagering terms. A wager is a figure (x-times) that defines the weight of the sum total of bets. It’s much easier to make out the term by using an example. A player received a $ 150 bonus with an x25 wager. To measure the cost of the total bets, a player requires to multiply this sum of the bonus by the size of the wager (150 x 25 = 3,750).

In the other words, the gambler should place a definite number of bets totalling $ 3,750 according to the bonus policy of the online platform. The sum total of bets equates to the total amount of money that the user must wager during the gameplay. It doesn’t mean at all how many bets the player won or lost.

In the next section, we will list the prevalent bonus types, which are most often provided by gambling platforms, and explain their pros and cons.

Online Casino Bonus: 7 Different Types

Each gambling platform possesses its bonus policy agreement created for new and regular players. It provides users with the distribution of gifts and presents by fulfilment of determined actions. More often, a player has a shot of getting one of the following bonuses.

1. No deposit bonuses. This format of the offer is the most appealing among both casinos and players. And you aren’t required to top up the balance to receive the rewards. The majority of casino platforms grant no deposit bonuses for new customers. The primary idea of the bonus is to inspire them to deposit the account at this casino. The privilege of this kind of bonus lies in that the user, who decided to utilize it, doesn’t risk his or her finances and receives the probability to play for real money at the casino’s cost. Nonetheless, there is one substantial shortage. It is arduous to cash out the wagered money from the account.To win back this bonus, the gambler is obligated to finalize the wagering requirements. They consist of placing a lot of bets for a large sum, which surpasses the value of the bonus money by ten or more times. Furthermore, all stakes should be made in a bounded time and specified plays. Even if the player has success by wagering the bonus in full without breaking the rules, he or she is often not allowed to cash out finance from the account instantly. Sometimes, it requires to charge the balance first. Hence, casinos retain new clients and insure themselves against bonus hunters.
2. Deposit bonus. The second typical kind of bonus is a deposit bonus. The objective of the bonus is to bestow users after the first and the upcoming deposits. The reward can be as a determined amount of cash or a determined percentage from the sum of the deposit. The sum total of the fixed offering, as well as the amount of the minimum deposit, is caused in the bonus policy section.This kind of bonus like others should be won back. After successful wagering, the online platform gives a lower rate and more loyal gambling terms. It’s preferential to select deposit bonuses following the succeeding way. It’s worth evaluating how much of your cash you will expend theoretically by accomplishing the wagering requirements. If the sum of payment surpasses the casino rewards bonus amount, it’s better to reject this offer. Beneficial bonus offerings should consist of a high percentage from the deposit, a relatively small wager, and minimal restrictions on terms.
3. Free Spins. This type of bonus offer is given to gamblers in most online and mobile gambling establishments by playing specific video slots. Such presents have to be won back. The wager varies in the range from x20 to x50 in most cases. Almost all platform possesses their conditions of use. Frequently, free spins can be utilized by new players or partakers of the tournaments and promotions. During the tournaments, free spins are granted as a reward for a win. They are provided after a new game title releases in the catalogue of games. And this is how gamblers get to know the latest development solutions in a risk-free way.
4. Cashback. There is cashback on a daily or weekly basis. It will assist in enhancing the value of your bankroll. The idea is to provide users with a refund of a part of the lost money. But if the player matches determined terms. The value of the cashback is different in every online platform. But in most cases, it doesn’t surpass 25%. The finance refunded to the account will also need to be wagered. The wager of cashback exceeds x20 on rare occasions. Regular clients of the gambling platform who have accomplished the terms of the best casino bonus can take all the benefits of the proposal only.
5. Reload Bonus. It is granted for the subsequent deposits. It’s special care for regular players. The value of this stimulus depends on the sum of the deposit and is set up in the range of 10-700%. Some casinos demand special casino bonus codes received via email.
6. VIP Loyalty Program. It requires to be loyal to the gambling platform to participate in such a Loyalty Program. This opportunity is available to the casino players who make the greatest contribution. Many benefits are afforded on the most auspicious conditions. The program lets you participate in unique tournaments, promotions and totalizers. Moreover, an exclusive service works for high-rollers and VIP clients. The gifts are available after topping-up the balance for the specified sum of cash indicated in the terms of the promotion. As a rule, this sum can be $ 500 or more.
7. Exclusive Bonus Offerings. Several online casinos propose unique loyalty programs to their users. The essence of the propositions lies in the exclusive terms of the play. Exclusive bonuses can be:

• an increased sum of prizewinning;
• a relatively small wager;
• simplified wagering requirements.

These promotions are precisely bounded in time and may be provided on the eve of state holidays or specific events. To take the privilege of a suitable promotion on individual terms after snapping on a special link or banner only.

A Casino Bonus in Canada – Regular Offerings for Regular Players

Almost all casinos aim to offer Canadian players more than just registration bonuses. This is often reflected in the adopted system of regular bonuses that feed the participants' desire to gamble. These bonuses can be different and accrued in a specific period. Every week, month, year or weekend – depending on the club's bonus policy.

Reload bonuses. Accrued if the player replenishes the account within a certain time interval. Usually, the trigger to these bonuses is a casino bonus code.

Referral bonus. It is a reward for attracting new members to the gaming club. It is not found in all online casinos and is accompanied by a number of conditions.

Refund or compensation bonus. It can be paid when you lose - from a certain amount, on a certain day or when playing a specific slot. Allows you to cheer players up.

Promotion for the payment method. Some casinos cooperate with certain payment systems and encourage players to use them.

The reward for high bets. It is also called a high-roller bonus. For players who practice high-stakes gambling, special conditions are offered from the moment of registration in the system. For example, there are casinos with a registration bonus for high rollers with an increased maximum deposit threshold.

Special bonus points. Automatic accrual of points for bets made.

Lotteries. Some casinos practice drawing large prizes among the participants.

Loyalty program propositions. Various gambling clubs have loyalty programs that reward regulars according to their own special scheme. It usually resembles a rating system.

How to Withdraw Winnings Derived from the Bonuses?

To have a free casino bonus is a big advantage, but there is a hidden side of it – bonus terms and conditions. Every gambling establishment has a special divide that interprets what you need to do to cash out the money. This moment makes gambling a bit challenging for users. And before you will try to use the bonuses, it’s highly recommended to go through the bonus policy carefully and figure out what to expect from the bonus system of the casino.

But why have online casino established these terms? Absolutely, one of the reasons is to keep players attractive and maintain their loyalty. But another root lies in avoiding o give away money for entirely free. Otherwise, online gambling establishments are getting bankrupt quickly, and nobody will get income. In other words, there is no way to receive $ 100 without any effort and withdraw this sum into your e-wallet. Therefore, the terms and conditions benefit both sides, and the most common of them are the following.

Wagering Requirements

As a rule, a wager is described as a multiplier (x10, x30, x50, and so on). That means how many bets a user should place to make it possible to cash out the cash. Usually, the welcome offering consists of $ 100 cash with a wager from x20 to x40. To put it differently, you need to place bets from $ 2,000 to $ 4,000. Afterwards, it will be possible to withdraw the profit. It turns out like this: you top up the balance of $ 100, you get a $ 100 bonus on top – a total sum of $ 200. The capacity to cash out any winnings from this gift, you require to bet a few thousand dollars. And it would be okay if there is an option to place bets with an unlimited amount of money, but no. The betting options are strictly restricted, and you aren’t able to overcome these restrictions. Be careful! If you unfollow the rules, then the bonuses can be annulated.

Time Limits

Mostly, online gambling platforms impose certain limitations in the aspect of time. As an example, you have to use the bonus proposition within several days after activation of your account. But there is the second side of the coin. If you cannot accomplish the wagering requirements, then the bonuses will come back to the casino.

Excluded Games

Some casinos set up the restriction on games by excluding them from the list of contributors. You also should be careful because you may gamble in a certain slot permanently, and it doesn’t fill the wagering rules.

Eligible Games

On the contrary, there are determined games (poker, blackjack, roulette, etc.), which can be played to fulfill the wagering requirements. Periodically, online casinos offer bonuses that can be applied to specific game titles only, like roulette or poker.

Withdrawal Limits

Often, gambling platforms place certain restrictions for withdrawal, and they work for both cash and free spins. E.g., the sum of money, which can be earned from free spins, is set up for $ 150.

These regulations are the most prevalent in the part of the bonus policy of every online gambling establishment. But some of them can provide unique rules and regulations.

Where to Find the Latest Casino Bonus Offerings?

The latest bonus proposition from the well-known Canadian online gambling establishments can be found on the GamblerKey official website in the special category – Casino Ranking. The most authentic and checked information is free to use for new gamers as well as experienced players. You have a shot to sort online casinos by applying various parameters and read reviews about each of them. It helps to save your time because all the information you need is gathered in one place.

It’s complicated for novice players to pick an online gambling establishment, which obtains a fascinating bonus policy. The basic suitable terms may provide hidden conditions and strict demands for wagering bonuses. There are enough useful tips that online casinos utilize, hoping for the indiscretion of potential players. To stay away from them, it's crucial to scrutinize the rules of the club carefully and check the reviews of existing users, before topping up the balance.

When you find out a gambling platform that proposals bountiful and fascinating bonuses with great terms, you can delight in online and mobile gambling and use all the advantages of the maximum of the offerings.