For those who are new to online gambling, the world of casino bonuses can seem like a minefield. However, these promotions are actually a great way to lower the risk of gambling while you learn how to become an effective bettor. That’s why it’s worthwhile trying to understand the different types of casino bonuses and their benefits before searching for the best bonuses on BonusFinder Canada and commencing gameplay. Below are some of the most prevalent online casino bonuses you should be aware of.


No Deposit Bonuses

A no-deposit bonus is unique. Why? Because it allows you to play the game without really risking any of your money. Hence the ‘no-deposit’ title. These promos are particularly exciting for new players who are worried about the odds of losing their money, however, it’s important to realize that the games included with a no-deposit bonus usually have a low edge for the house, so not all popular games will be eligible for this bonus type. Blackjack rarely has the option to play with a no-deposit bonus, for example. Still, this bonus type is a nice way to start playing on online casinos, without the risk of losing big.


Welcome Bonuses

You might see welcome bonuses also called ‘sign-up bonuses’ or ‘new player bonuses.’ Either way, these bonuses do what they say on the tin. When you become a new member at a casino, you can obtain a significant welcome bonus. These work either by directly boosting your stake or allowing you to enjoy a specific number of games online. Still confused? Let’s try some examples of welcome bonuses. 100% up to $1200 + 300 Free Spins means the casino will match your first deposit up to $1200 while also giving you the chance to enjoy 300 free spin games.

While welcome bonuses can be great incentives for new players, they usually come with very restrictive terms and conditions so it’s important to fully read the T’s and C’s before commencing gameplay – we’ve briefly explained the most important things to keep an eye out for at the bottom of this article.


Loyalty Bonuses

If casinos value one thing in their players, it’s loyalty. And coming back to your favorite casino can have big rewards. Loyalty bonuses – also known as ‘reloading/deposit bonuses’ – offer return players a certain percentage of their deposit as a bonus. This increases their profit and makes gameplay arguably even more exciting. Many casino deposits also work if you deposit on a specific day of the week, for example, a Wednesday. This means it’s sometimes worth visiting the site on a particular day to make yourself eligible for these types of casino promotions.


Payment Method Bonuses

Every player is unique and so is the way they pay for their time at an online casino. That’s why payment method bonuses are important. This bonus type encourages people to use other payment methods that have lower overheads and higher margins, for example, making a deposit in Bitcoin. It’s common for casinos to offer perhaps 15% of your deposit as a bonus when you deposit in Bitcoin, effectively pushing players to pay in another way that’s not just with their credit or debit card. While this bonus arguably benefits the casino more than the player, using these alternative methods is an easy way to make online gambling safer, particularly when sharing important data with the sites.


Bonus T’s and C’s

As aforementioned, reading the terms and conditions for each of the bonuses mentioned above is really important before actually claiming one of them. This ensures you can obtain the perks promised in the promotion and can make the most of your gameplay session.

  • General terms often outline which players are eligible for the bonus, for example, some bonuses might not be available to players from a certain country, or in a specific currency.
  • Game restrictions typically explain which games are included with the named bonus. Many casinos prevent players from using certain bonuses on games like blackjack.
  • Wagering requirements detail the requirements players need to satisfy before withdrawing their winnings. This term is important to understand in order to make your gameplay profitable.