Special promotions help to attract new players. Because of the super competition in the Canadian gaming world, offering casino welcome offersand perks has become a vital tool to attract users on board. However, the main reason is not something new — to give users a chance to try their luck and enjoy exciting gambling experiences at no enormous expense.
First deposit welcome bonuses are part of a marketing offer. Casino houses welcome players, therefore expanding the customer base. First deposit bonuses are thrilling and present other chances to win, in addition to the opportunity to try new games and feel more at ease with the gaming platform.
How to Get a Welcome Bonus
Conditions for unlocking a welcome bonus are established on an individual basis by every gaming site. Before taking part in any promotion, one must read the rules attentively.
Typically, in order to get a welcome bonus, the following actions should be taken:
- Register. Sign up on the official website of the online casino, or download their app on your smartphone if provided.
- Deposit. Deposits are taken by the cashier. Canadian online casinos make deposits in the form of credit/debit cards, Interac e-Transfer, cryptocurrencies, and e-wallets.
While making a deposit, care should be taken to check the minimum amount to be deposited for the activation of the bonus since it may be other than the minimum deposit of the casino. Sometimes, you may also need to enter a bonus code — a sequence of letters — in the field supplied during registration or deposit. The welcome bonus can be used only once per account. After the deposit, the amount of the bonus will be credited to your bonus account. You can withdraw these funds only after you have fulfilled the wagering requirements.
How to Wager the Bonus
Limitations for withdrawal are given to avoid cheating for all users and to halt bonus fraud or scams. The wagering requirements prohibit the instant cashing out of bonus funds and forbid re-activating bonuses on different accounts.
There are player conditions that must be met before one can withdraw funds. These vary from one platform to another, but the underlying concepts remain the same:
- Wagering Requirement (Wager): This refers to the amount of bet turnover required for clearing the bonus. It is a multiple in relation to the deposit amount, bonus, or both. For example, if you are awarded a CAD 100 bonus with a 10x wager, you will be required to bet CAD 1,000 in slots to clear the bonus.
- Time Limit: There is a short time to meet the wagering requirement, and that varies at the casino — from several days to a month. Failure to meet the requirements results in bonus cancellation and loss of money.
- Game Types: Wagering is usually on slots. Betting on live dealers or lottery may be slower as one approaches the wagering goal.
- Bet Limits: The highest bet limits most often apply to free spins or bonus cash. Any bets higher than the limit are not included in the wagering requirement.
During wagering, money cannot be withdrawn. Attempting to withdraw before requirements are fulfilled will incur the cost of the bonus.
Terms must be stated clearly on the promotion page of the casino. In case of doubts, approaching customer service is recommended.
Tips for Wagering Bonuses
No plan or strategy will provide 100% success in clearing bonus money, so be cautious about plans being promoted on dodgy websites. However, individuals can increase the chances of success by following some tips:
- Choose Your Deposit Size Wisely. The larger the deposit, the more bonus but also the greater wagering requirement. Take into consideration your bankroll, betting limit, and take an amount that feels good to you.
- Select Slots Carefully. The slots available to wager bonus could be limited. Select games not only based on looks but also by RTP percentage and volatility. Slots with high RTP and low or medium volatility tend to be good for wagering.
- Take into account Wagering Requirements vs. Time. When considering a welcome bonus, examine the balance between the wagering multiplier and time limit. For instance, 40x wager over 2 days is extremely difficult, whereas the same wager over a month is much easier. Select the bonuses with wager requirements and times that give fair chances of success.
