Real Money Online casinos have been making waves in the gambling industry, presenting a shift from the traditional brick and mortar casinos. As a welcoming gift for new players, online casino bonuses have become the order of the day. Some common types of online casino bonuses in Canada include a new depositor bonus. This presents a bonus amount of chips in which a new player is awarded for signing up at an online casino and making their first real money deposit. The bonus is usually a reflection of the percentage match with an upper limit. The percentage on most occasions is the multiplier that determines the amount of money in the bonus.
Types of Online Casino Bonuses
No Deposit Bonus
A no deposit bonus is a common type of casino bonus.
It is usually a free money gift a real money online casino offers to players in order to encourage them to try out some of the games without making an initial deposit. As new players, you should take advantage of this bonus as they allow you to play with absolutely no risks in the mix. However, we recommend caution when claiming these types of bonuses always without necessarily depositing from time to time. With constant abuse of these bonuses, you might emerge as a risk causing the casino to restrict you from claiming bonus offers in the future. Moreover, you can't withdraw any winnings if you don't honor the attached deposit requirements.
Welcome Bonus
The welcome bonus is another common type of bonus system at online casinos.
As a new member of the online casino, it is common that the casino will award you with a welcome bonus or sign up bonuses. Both terms refer to the same thing while at these casinos. A signup bonus can include a deposit match bonus where the casino will add up the amount to a certain level. There are also other welcome packages that are available for players who make their first deposit such as
free spins for $1, free chips, free play, and high roller bonuses.
Free Play Bonus
Free play (or Free spins) are another set of common bonuses available for new players. At the first stage, a new player gets a certain amount of bonus with a time limit on a number of selected games available at the online casino. You can take home the original winnings and credits, which are free with the expiry of the period when entering into the next stage. This will act as the bonus fund, which is a mix of the deposit, which is needed. There are also wagering requirements that come attached to the bonus and need a capping to meet the maximum number of withdrawals that can be made. Similar to free spins, the winnings go into your real money cash account.
What about Roulette and Blackjack Bonuses?
Roulette and blackjack are popular games at online casinos that attract many new players. With blackjack, two types of primary bonuses are available. This includes a sticky blackjack bonus and a cashable blackjack bonus. With a sticky blackjack bonus, a player gets the chance to bet the bonus and end up keeping the winning, however you do not keep the bonus. For example, an online casino might offer you a $30 non-cashable blackjack bonus to play with. In case you end up beating the dealer while winning $50, you end up keeping the $20. The other type is where you retain the winning after meeting the wagering requirements. There are three types of popular variants for Roulette which include:
- French Roulette
- European Roulette
- American Roulette
Since real money online casinos are business-minded, they have a way in which they make their profit. This is the essence of bonuses and free spins to have new players make a deposit. If players were allowed to cash out on the bonuses, most players would not bother with playing the games. It will all be about making a deposit, claiming their bonus, and withdrawing the funds. Most of the wagering requirements by most online casinos are as a multiple of your deposit in addition to the bonus you must put on a bet before cashing out. Some real money online casinos place a maximum bet no matter the game you are playing. This calls for time to meet the wagering requirements expected.