Gaming

An Introduction To Casino Bonuses: What They Are And How They Work

May 24, 2023

Casinos have always been a popular way to pass the time. Of course, they have been in existence in one form or another for many years. However, it is only since the late 1990s that online casinos have been available in Canada. You no longer need to travel the world to escape daily life and have a fantastic experience.

Naturally, when the first online casinos arrived, the internet was still new. Internet and online casino user numbers were low. In the last ten years that has all changed. Now, almost everyone has an internet connection and can access online casinos at any time of the day or night.

In fact, Canada is leading the way, statistics show 71% of Canadians have a smart device at home and six out of ten shop online via mobile phones. Online casinos have flourished with the increased internet access.

It’s easy to see why, online casinos offer the chance to win big while having fun, and even connecting with others.

Of course, with so many casinos offering their services, each one has to do something to stand out from the crowd. That’s where casino bonuses step in.

What Are Casino Bonuses?

Take a look at any of the bigger online casinos, and you’ll find they are offering a series of bonuses. For example, check out Mansion Casino bonuses and you’ll be invited to claim a welcome bonus of up to CAD 5,000.

The bonus is an amount of funds credited to your online casino account as soon as you sign up and make your first deposit.

In short, it’s a way to entice you into signing up with a specific online casino. Most casinos don’t just offer a welcome bonus, they will also offer other bonuses to keep you playing with them or even bring in extra customers.

The promise of free cash is normally enough to get people signing up.

How They Work

However, before you commit you should understand how the casino bonus works. It’s also important to choose a casino with a good reputation and properly registered. It will maximize your chances of withdrawing any money.

There are several types of casino bonuses, each one works slightly differently.

·        The Welcome Bonus

A welcome bonus is exactly what it says, a bonus amount of funds credited to your online casino account as soon as you register and add funds.

The level of the b on us will depend on what the casino is offering. However, the amount is often matched to the amount you deposit, up to a limit.

Some casinos will offer variants of this, such as matching your first two or three deposits.

·        Referral Bonuses

The referral bonus is an amount of funds credited to your casino account, it’s receivable when a new customer creates an account and mentions your name as a referrer. In many cases, the referee will get a bonus for mentioning your name. Once they have deposited funds the referrer gets their bonus.

·        Cashback

Cashback is an incentive to keep playing. It generally only applies to deposited funds, not bonuses. In effect, the casino offers to credit back to your account a proportion of any losses incurred. It makes using the online casino appear much less risky.

·        No Deposit

Some casinos will offer a bonus even if you don’t deposit any funds in the account. Of course, you can’t withdraw this money but you can play with it and hopefully win more.

Casinos offer this bonus to get people playing and, hopefully, hooked on the experience.

Important Note Re Casino Bonuses

Casino bonuses are designed to attract new customers and keep you playing. You can’t simply deposit funds, claim a bonus, and withdraw everything.

There will be rules regarding your bonus funds.

·        Fund Withdrawal

It won’t be possible to withdraw any funds until a set number of games have been played, whether you win or lose. The rules will tell you what the wagering requirements are.

For example, if the wagering requirements to get $100 are listed as 20, you’ll have to bet $2,000 or spin the slots at least 200 times before you can withdraw any funds.

·        Registration Details

For a bonus to be validated you can only have one account per household and the account must be opened with genuine personal information. Your identity will be confirmed before a withdrawal is allowed.

·        Restricted Games

You’ll also find most casinos restrict the games you can play with your bonus. In particular, you won’t be able to play the high-stakes games.

Regardless of how you remove your funds, it’s still worth signing up and collecting your casino bonus, you can have a lot of fun!

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