Since the beginning of the pandemic, online casinos have enjoyed skyrocketing demand. Millions of users have discovered virtual gambling, so the industry is now fiercely competitive. New websites are appearing all the time, and every operator tries to stand out with unique offers. Some of them seem too good to be true. Here is how to navigate the world of casino rewards.
Before looking at the bonuses, make sure you know how to choose the best casinos online in Canada, as this is quite tricky. Users are bombarded with ads, and making sense of the casino variety is a challenge. Remember that legit providers are licensed, and most of them have been in business for quite a while (some platforms were established over two decades ago!).
Types of Bonuses
As users are wary of casino scams, free bonuses are increasingly common. They let you try a casino without a deposit, so you can test its interface and games to make a final decision. However, advertising claims may be misleading, so what seems to be a freebie is actually a match bonus. Here is how the rewards compare.
These gifts are designed to encourage sign ups, so they do not require a deposit. On the downside, the casino will not pay hundreds of dollars just to get your basic contact details. Usually, you are offered a modest cash amount like $50. Some casinos offer a combination of the cash and spins.
This is a variation of the no deposit bonus tailored to fans of slots. The number of spins varies greatly. Sometimes, spins are provided as a bonus for your first deposit. For example, Casino Classic gives 40 spins for $1. The gift may be used for any slots in its collection, including the famous millionaire makers like Mega Moolah.
These are rewards for deposits. Popular websites like Luxury Casino give a set of rewards, such as $1,000 in five match bonuses. Every bonus adds a predetermined percentage of your deposit (25%-100%) to the balance up to a certain amount.
Be wary of claims like ‘$1,500 in free bonuses’. It is easy to misconstrue such wording. While the match bonuses are, in essence, free, they are provided after you pay. Thus, to get $1,000 you may need to make five deposits worth $1,000 or more.
Look Beyond the Hype
To compare bonuses, start with the wagering requirement. This multiplier shows how many times a gift must be wagered before you can withdraw it. Shady sites set unrealistic requirements, such as 85x. If you can never reach the threshold, your bonus is technically useless.