Best Online Casino Bonuses for 2020

Canadian Casinos Blog Best Online Casino Bonuses
by Connor Bergeron
Best Online Casino Bonuses

If you are new to the world of online gambling you probably have many questions, not the least of which is what all the terminology means surrounding bonuses, and what the different bonuses really have to offer. This guide will help you to better understand what your options are.

What are the Best Online Casino Bonuses?

Casinos offer an online casino bonus as a way of encouraging players to sign up, make a deposit, and play. These casino promotions come in many forms including loyalty bonuses and welcome bonuses. Each type of bonus you see comes with something called a playthrough or wagering requirement which will be better explained later on in this article. Understanding what options do you have when you sign up and begin playing on new sites takes an understanding of each online casino bonus type.

Welcome Bonus

The most common bonus you will find on any casino website is a welcome bonus. These online casino promotions attract new players to sign up. Typically you get a percentage from the casino to match your initial deposit. So, if you were to deposit $100 and your match bonus was 100%, the casino would give you an extra $100 in your account for free, providing you with a total of $200 with which to play your favourite game.

No Deposit Bonus

The second most common bonus you will find is the no deposit bonus. This bonus is similar insofar as its purpose is to get people to sign up and register for a new casino.  The difference is this one is offered to people for free without having to make any type of deposit, essentially offering new players the opportunity to test out to the casino without taking on any financial risk. Such bonuses typically come with very high wagering and deposit requirements before you can withdraw any winnings which means you're going to have restrictions on the types of games you can play and how often you have to play them.

Reload Bonuses

The various casino bonuses offered are not just for new players. Regular players can benefit as well. Reload bonuses are some of the latest casino bonuses to hit the online gaming industry in an attempt to keep players loyal to a given website instead of just trying out a new website with a new welcome bonus each time they go to play. Most of the time these bonuses are offered on a monthly basis, giving you a similar match bonus when you add more money to your account. Many casinos reward you with a higher reload bonus if you play more often.

VIP Bonuses

Arguably the best casino bonus is the High Roller - VIP bonus. The reason for this is that players get higher levels of compensation as a reward for both playing regularly and making large ongoing deposits. In addition to match bonuses as part of your VIP structure, there are many rewards like VIP Club membership, individualized gambling assistance from a single representative available at any time, box office tickets to events in your local area, gambling trips to Vegas, and more.

Payment Method Bonuses

Casino promotions  are designed to reward you with as few restrictions as possible. Most casinos don't want to only appeal to players using one currency over another or one type of payment method over another. Offering bonuses for all types of payment methods increases the customer base potential. To that end, as a player you can take advantage of an online casino bonus that is offered specifically for one type of payment method. You could theoretically use your bank account to make a deposit and capitalize upon a bank payment method bonus and then the next time you go to deposit money use a PayPal account or other third-party wallet to capitalize again on a separate bonus. With so many options out there it is possible to find one casino that offers several types of bonuses for each corresponding type of payment method.

Playthrough Requirements

It is important to note that there are wagering requirements for almost all bonus types offered by online casinos. These bonuses will say something in the fine print about wagering or playthrough requirements. This is typically depicted as a multiplier and a number representative of how many times you have to play games in order to withdraw your winnings. For example, if a casino offers a $50 welcome bonus with a wagering requirement that is “x5”  it means you have to play the bonus money at least five times before you can withdraw any potential winnings. In most cases this requirement only applies to the bonus money that they awarded you. Any winnings that you would achieve as a result of playing with this money is labeled as pending and you won't be able to withdraw it from your account until you meet those wagering requirements.

As long as you understand what these wagering requirements mean, then all of the bonuses' workings are more clear and concise. You can now look upon each of the bonuses offered to you by a given casino with confidence and a more thorough understanding.

Now's the time to play and come home a winner!


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by Connor Bergeron
by Connor Bergeron
by Connor Bergeron
by Connor Bergeron
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