Bonuses are a significant factor that players consider before choosing a gaming site. The reason for this is understandable. With the best bonuses, you are not just enjoying increased bankroll to play games, but you can also win from them.
If you plan to play at a Canadian gaming site, you may be wondering which operators have the highest bonuses. You may also want to know the different types of these bonuses and factors to consider when claiming them. Today, we will discuss everything you should know about the highest bonuses on Canadian gaming sites. Let’s dive right in.
No Deposit vs. Deposit Bonuses
While there are different gambling bonuses, they are categorized mainly into two, no deposit and deposit bonuses. No deposit bonuses refer to any offer that you can claim without the requirement of funding your account. While these bonuses are good, they are usually small. For instance, a gambling site can offer new players $10 free betting credit when they complete registration.
On the other hand, deposit bonuses are claimable only after making the required real money deposit. They are the most common type of bonuses and with the highest value. The qualifying deposit is specified by the gaming site offering it and varies from one promotion to the other.
The Highest Canadian Gaming Bonuses
We’ve talked about the two categories of gaming bonuses. Now, let’s discuss the highest bonuses you can claim at old and new gaming sites in Canada.
Welcome Bonuses
This bonus is meant only for new players when they join a gaming platform. It is one of the highest Canadian gaming bonuses you can claim and can come in different forms, such as match bonuses and free spins. Some betting sites even offer high roller welcome bonuses, where players that love to deposit and bet higher amounts can enjoy even better offers.
Match Bonuses
This is probably the most common deposit bonus available at gaming sites in Canada. The way it works is simple. You deposit money into your account, and the betting operator matches it by a percentage and offers you a bonus. For example, if you claim a 300% match bonus and deposit $100, you will get $300 as the bonus amount. Note that this bonus type has a cap specified in the promotion.
Free Spins
Online casinos often offer players free spins, which can be pretty high. They let you play free rounds on video slots without wagering your hard-earned money.
They can be offered as a standalone bonus or combined with another type of bonus. There are cases where online casinos have rewarded players with 300 or more free spins.
Risk-Free Bonuses
In some cases, betting sites can offer players risk-free bonuses. This is especially true of many top sportsbooks. You need to wager a specified amount on a game in this bonus type. If the game loses, you will get it back as a bonus. The value of a risk-free bet depends on the original wager. So in cases where the original wager is high, the bonus is also high.
Cashbacks
Although this is not necessarily the highest bonus, it is worth mentioning. Cashbacks are given as a percentage of players’ total losses in a specific period. They are typically between 5% and 15% and can give bettors a chance to recoup some of their losses. For example, if you lost $5,000 in a week and claim a 10% cash back bonus, it means you will get $500 to use to bet again.
VIP Bonuses
Some gaming sites have a VIP program for rewarding their loyal and high roller players. You can claim exclusive bonuses and other perks like a dedicated account manager and invites to VIP events as a VIP member.
Factors to Consider Claiming Highest Bonuses
While high bonuses can be great, do not get drawn by only the bonus values. You should also consider the terms and conditions as this has a huge impact on whether you will enjoy the bonus o not. Here are some important things to consider in the bonus terms and conditions.
- Wagering requirement
- Validity period
- Game restrictions
- Maximum win
- Payment method restrictions
- Qualifying deposit
If you consider these factors and avoid common gambling mistakes, you can enjoy the best from the highest bonuses.
Conclusion
Going for the highest gaming bonuses is a good decision, especially with reasonable terms and conditions. These bonuses can increase your bankroll, so you can enjoy playing more games and might even get lucky to win from them. Remember, deposit bonuses often have higher bonus values than no deposit bonuses due to their nature. You can check a gaming site’s promotions page to see the bonuses to claim.
In addition, do not forget to always consider the wagering requirement, game restrictions, and other terms and conditions before claiming a bonus. This way you can understand all that is required to win from the offer and choose the best ones.
