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The bonuses offer a variety of benefits and the same is the case for the online casino bonuses. Almost all the bonuses serve different purposes and benefit the casino players in a variety of ways. So different bonuses have different names based on the functions they perform.
One of the most common examples of online casino bonuses is the welcome bonus. This type of Casino bonus mainly performs the function of attracting new players and motivating them to visit particular casino gaming sites. Similarly, the reload bonuses are intended to retain the existing players.
In short, we can say that getting a bonus attracts the customers in a variety of ways and motivates them to participate online for land-based Casino gambling.
Today in this article we are going to cover the main types of bonuses that are offered to Canadian players. Even these are the universal ones that are most commonly used all over the world.
A welcome bonus or sign-up bonus is the collection of various offers that attract new players to the particular casino gaming site. This bonus often comes up with a variety of different offers so we can say that there is no hard and fast rule for the number of offers and type of rewards that will be given to the new gamblers.
Here it is worth mentioning that you can only take the benefit of this bonus after you will make the deposit into your casino account as an investment.
Now let’s break each element down and read the various bonus offers that are included in most welcome or sign-up bonuses.
This is a very interesting bonus that exactly matches the deposit amount. For example, if the match bonus is 100% it means that you will get an additional $100 when you deposit $100 to your casino account. Similarly, if the match is 200% it means that you will get double the amount of deposit. It is worth mentioning that some casinos also offer a recurring bonus which means that you will get match bonuses for multiple deposits. However, the match amounts keep on reducing with each new deposit.
These are the match bonuses that work on the principle of percentages. It means that when you get a 200% percentage match bonus, the amount equal to the deposit amount will be added to your casino account. In other words, we can say that your deposit amount will be doubled when you will get a 200% bonus.
Most of the casinos do not offer more than a 200% bonus while it is common to offer 75%, 50%, and 25% percentage match bonuses.
As evident from the name, no deposit bonuses are the ones that offer you various rewards even before you deposit your money in the casino accounts. The most common example of a “No deposit bonus” is a sign-up bonus where you are offered some specific cash amount or avail of some “No deposit free spins” as a signup reward.
It is a less common and less attractive type of bonus because usually, the reward amount is very low and rarely makes the player happy.
The worst part?
Sometimes you have to fulfill some wagering requirements to become eligible for the no deposit bonus.
These are the specific bonuses in which free spins are offered in different ways. For example, some online casino sites provide you with free spins after you register while the others may require you to make a deposit as well.
If you are a lover of tabletop games, then you must consider the casino sites offering free trial money bets.
From the above discussion, it is evident that various casino sites offer different types of match bonuses and it is up to you to look for the one that attracts you the most.
The reload bonus resembles the match as well as the percentage match bonus in some ways. However, the main function of reload bonuses is to keep the one-time customers attached to the casino gaming site. For this purpose, it motivates the customers to keep funding and depositing in their casino accounts.
Unlike match bonuses, the players can not deliberately choose the reload bonus option, instead, the casino sites keep them offering from time to time.
If you are provided with the reload bonus offer you have to deposit funds within the given timeframe.
This is a commonly offered and most effective type of bonus because no one wants to lose cashback. This type of bonus is offered to the people who make some gambling losses but are passionate about trying again and again. In the cashback bonus, the players can enjoy the recovery of some losses in the form of cashback. remember that the cash bonus will cover the whole loss amount instead it promises to cover a portion of a certain percentage of the loss amount.
Most casinos offer 5% to 25% recovery of the loss amount. Almost all the players rush for these types of bonuses because they are offered very rarely.
It is a common bonus that is given to a person who left his friends, however, the person becomes eligible for the bonus only when his friend not only signs up but also makes a deposit in the online casino account.
These are VIP bonuses that are given to players who spend a lot of time playing online casino games and make regular and large deposits. In other words, we can say that these are the special loyalty bonuses that are given to loyal and returning customers, especially the ones who are regular in making very large deposits. So if you are a roller, you can enjoy high deposits.
High loyalty is the special bonuses that are given to the players who make regular deposits. The difference between high loyalty bonuses and VIP bonuses is very obvious. The VIP bonuses require the player to make large deposits regularly while there is no such restriction in high loyalty bonuses. So even if you make small deposits but do it very regularly and also wager regularly, you can enjoy high loyalty bonuses.
Various casinos offer many high-level loyalty program tiers. So the players can enjoy more opportunities of making real money by constantly playing on a particular platform and making regular deposits.
It is a real bonus and many online casinos do not offer a banking bonus. However, few Canadian casino sites offer banking bonuses. This bonus is highly loved by the players because it directly transfers the bonus amount to the bank. It makes the use of a bank account that the person uses to withdraw & deposit money. So if you’re lucky enough to use the bank account for depositing the money and using the site where banking bonuses are given to the players, you will get it one day. Sometimes, the players also enjoy free spins as banking bonuses.
Casino codes are the codes that are given to the players who are eligible for the particular bonus offers. However, they can only avail the casino bonus when they know the code. For example, there is a WELCOME code for most of the players who are new to the particular Casino site. By using this welcome code, they can win a match bonus or percentage match bonus.
So when the player knows the code at the time of sign up, registration, or making a deposit, he can only then avail of the offer. If it is a deposit bonus that requires a code the casino site will take your email from the registration form and you will obtain the code in your email.
Thus, if you are a new player, signed up for a particular website, it is better to check your inbox and look for the relevant code from the casino gaming site.
It is a very important question asked by many players who win bonuses or they are the regular players of Casino. The answer to this question is quite simple and positive, which is that most countries do not ask for taxes if you are a casino player.
For example, if you are living in Canada, Australia, China, or any European country, you will not have to pay any tax for the online casino winnings.
However, here it is worth mentioning that if you are a professional gambler and get maximum earnings out of gambling, you may be asked for taxes if you meet the threshold criteria.
If you are a casino lover, then playing online Casino games, getting online casino bonuses, and making real money out of them can be a very wonderful idea that can change your life.