The internet is full of online casinos and most of them offer very attractive bonuses for new customers to join. How do you choose which casino to play at and which casino bonus is better than the other.
We did recently write a great article on choosing the right casino for you and one of the most important factors that was highlighted was the welcome bonus offered by the casino.
The Best Casino Bonuses
The best bonus for you will be determined by a number of factors including:
- Your budget
- The types of casino games you play
- Your risk tolerance
- Your country
- How often you play
- Whether you play on your mobile, laptop or desktop
The best place for Canadian players to find the bonus that suits them would be at Casinos Verified an online casino verification website that focuses on finding the best online casino bonuses in Canada. We also highly recommend customers check Trust Pilot to see other customer experiences.
Types of Casino Bonuses
Online casinos offer bonuses in a variety of forms and these types of bonuses suite different style customers. The most common forms of casino bonuses are:
- Deposit Match Bonuses – This is when a casino matches the amount amount of money a player deposits at their casino with additional bonus money.
- Free Spins Bonuses – This type of bonus is when a casino gives players a specified number of free spins on a particular slot game.
- No Deposit Bonus – This is when a casino offers players a bonus that does not require them to make a purchase. This can be in the form of free spins or bonus money.
- Cash-back Bonuses – Cash-back bonuses are a type of bonus where a casino will refund a portion of the money a player looses back to them.
Online Casino Bonus Restrictions
Casino bonuses always come with some form of restriction. These restrictions are usually related applied to deposit criteria, wagering criteria and withdrawal criteria. Please also read our all you need to know before joining an online casino article.
No deposit casino bonuses and cash-back bonuses are the only types of bonus that do not hold any deposit criteria. No deposit bonuses do not require a customer to deposit to receive their bonus and cash-back bonuses are linked to losses and are independent of deposits.
The rest of the bonus types do have deposit criteria and they should be looked at carefully. Deposit match bonuses and free spins bonuses are often subject to a minimum deposit amount and can sometimes be limited to specific banking methods. Neteller is often excluded from any deposit match promotions as an example.
Most online casinos apply some form of wagering requirements to money won on free spins or bonus money credited to customers. This is commonly referred to as wagering requirements and varies wildly from one casino to another.
Players should always check the wagering requirements that each casino applies before signing up. As a rule you should not play at an online casino with wagering requirements above 40x but there are some exceptions.
It is important to take note of the various withdrawal requirements that casino put in place depending on how you plan to utilise the service. Each online casino will have a minimum withdrawal amount which may stop players from withdrawing low winnings. This is something that comes into play when players try use no deposit bonuses to make money at an online casino.
The general rule is that most casinos require a minimum withdrawal amount of $20 but there are some that require a minimum of $50.
The Right Casino Bonus for You
There is no hard and fast rule which bonus you should take but there are certain bonuses that suite different customers. We will now explain which bonuses are best for what type of casino player you are.
First Time Online Casino Player
We suggest that first time players look for no deposit casino bonuses. This is to allow them to get used to playing at an online casino without the need to deposit any of their own money.
It will also allow you to see what types of games the casino has available and whether the online casinos is your thing or not.
Table Game Players
Customers that enjoy playing table games should not be looking for free spins bonuses as their passion is to hit the tables. We suggest these players look for either cash-back or deposit match bonuses.
It is important to look at wagering requirements and game limitations for table game players. Many online casinos apply a handicap to table games requiring players to wager more on table games before being able to withdraw.
Casual Casino Players
We recommend a casino that offers a good deposit match percentage with additional free spins. As a casual casino player you will not be utilising the entire welcome bonus as you are unlikely to deposit the maximum amount. The free spins bonus portion of these offers does not normally require you to purchase the deposit match coupon (maximum deposit amount) which means you get more value for your money.
It is also suggested that you play at a casino that has a multi deposit match bonus that that you receive higher bonuses more of your deposits as you are unlikely to receive VIP bonuses later. The VIP bonuses are normally reserved for active casino players.
Active Online Casino Players
We recommend that active casino players take multi deposit match promotions as more of there deposits will receive the enticing welcome bonuses. These bonuses are often matched at 100% and allow you to play with twice as much as you deposit.
We recommend that active players do not play at more than 3 casinos at a time as this spreads your wallet and limits the size of the retention bonuses you will receive all the casinos you play at.
High Rollers should be looking for Casinos that offer a large deposit match percentage with a large coupon. This is key as you are someone that enjoys playing and want to get the best bonuses available.
It is also possible to request additional bonuses via the live chat once you have shown that you are willing to deposit big and play big. We highly recommend that you play at a casino that offers a good VIP program like Captain Spins Casino too.