Types of Casino Bonuses
There are many different types of casino bonuses that you can avail of and these include welcome packages, signup offers, no deposit specials, free time deals, free spins, high roller offers, cashback and reload incentives.
Welcome Package - The welcome package offered by online casinos is sometimes multiple bonuses that are packaged as one main offer. These are available to all new players who sign up for a real player casino account. Many of these are advertised to players as large sums of cash, so when you see this it is important to read the specifics of the offer. In most cases you will find that with welcome packages players receive a particular percentage over a number of deposits. This might be 100% on your 1st deposit, 150% on your second deposit, 50% on your third deposit and so forth until the cash sum is reached. It is quite usual to see these packages advertised as "$3,000 Welcome Bonus", so when you see this you can be sure that a package deal is being offered.
Sign-up or First Deposit Bonus - This is type of promotion is offered to new players receive when they first register to Canadian online casino sites. The sign-up promotion can be anything from a welcome package to a no deposit offer. The sign up bonus is used as an incentive to get new players to create an account with the casino and this is where the majority of casino competition comes into play. The better the signup offer, the more likely people are to sign up for a casino account. Most commonly, the signup offer is a first deposit bonus and this is free casino money that is offered to players when they make their first deposit. Players usually receive a percentage on their first deposit in free credits which gives them a larger bankroll to play with. These signup offers will also have a limit to the amount of free cash a player will receive, so you will probably see something like 200% bonus up to $500 free. In this example, a $250 deposit would attain the maximum free credits ($250 x 200%). A deposit of $100 would attain $200 extra credits. The same is true for sports betting. If you're interested in wagering on sports events in Canada, these sites offer similar promotions.
High Roller - The high roller promotion is aimed at those who like to deposit large sums of money and play for larger jackpots. With these offers players usually have to deposit $1,000 or more and they receive a percentage match bonus in return. These promotional offers are not for normal players and when you sign up as a high roller player there are normally some additional perks that you receive too. Again it is advisable to read the conditions and wagering requirements attached to these special offers.
Cashback - The cashback offer is a great way to recoup your losses. Many casinos offer a monthly cashback incentive where players receive a percentage of their losses back at the end of each month. This is usually between 10 and 15%. This special offer can also pertain to your deposits and players receive a percentage cashback on the amount that they have deposited during the month. If an online casino offers a cashback promotion, be sure to check whether it is on your losses or your deposits so that you know exactly what you are getting.
Reload - Reload bonuses are special offers that reward existing players to make another deposit after claiming all of the welcome offers. These promotions are quite common to retain customers. You might receive a reload offer once a month, over the course of a weekend or as a one-time offer. These promotions are given as a percentage of your deposit amount.