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Deposit bonuses

How to Choose the Best Casino Deposit Bonus Deals

At GambLizard we want to make your gambling experience fun and exciting. For that reason, we’ll provide you with everything you need to know about deposit bonuses. Casino offers we constantly include to our list can make your favorite games even more appealing once you start using Promotions to your advantage. When deciding to choose the right promotion in 2022, there are some factors you should consider meticulously before starting your gaming session.

Choose a Deposit Bonus Depending on Your Gaming Style

While some players enjoy traditional casino games, others might prefer some new titles that have innovative features. Besides, slot fans have absolutely different demands from, say, players that choose fast-paced games. That means that in case you like low deposit slots, free spins deals will be more profitable than welcome promo or even free cash offers. There are a lot of types of deposit casino bonuses to choose from, and there’s surely at least several of them that suit your gameplay best. The usual thing is that players who do not play constantly, do not delve so much into details. On the contrary, inveterate users always look to improve their odds, and a substantial deposit bonus in this case is a great way to do so.

Consider Wagering Requirements

We recommend checking every deal’s particular conditions when it comes to deposit free bonus offers. In this respect, the requested amount of bets is one of the most important aspects. The sum of your deposit will undoubtedly influence the number of free spins or free cash available. However, no amount of free money is actually beneficial in case there are harsh requirements behind it. On our website, we include this crucial information in all bonuses we endorse. Every promotion you browse has information about wagering requirements for every deposit online casino you are interested in.

Choosing the Right Casino Website

The websites that we recommend are exceptionally reliable and trusted casinos that offer only the best deposit bonus deals. Be aware of fraudulent sites that try to lure unsuspecting players into their ambush. In case an offer looks too good to be true, there is a high probability that such a bonus is not more than just a scam in disguise. Every player should be aware of this and act accordingly by carefully choosing a trustworthy website. A small tip: deals and promo codes offering reasonable cash amounts or free spins can be considered solid indicators of a reliable casino.

Types of Deposit Bonus Offers

Not only new players can claim free cash or free spins after depositing. Deposit online casinos have all kinds of deals to animate gambling fans. Some of the websites are quite creative to assign them after a close examination of every player’s performance is made. Gambling platforms also tend to offer some unique extra services to their loyal customers, having more chances of winning the upper hand over competitors.

First Deposit Bonus

After a player makes one’s first deposit, they are often rewarded with extra cash. Usually, the bonus amount depends on the deposit sum, e.g., deposit C$10 and play with 50 dollars or deposit C$5 and play with 40 dollars. A number of trusted casinos in Canada have various great first deposit deals. They can also include free spins reserved for slot fans that are available on particular progressive jackpot slot machines. Just check our First Deposit Bonuses in the Deposit Bonus section of the website.

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Second Deposit Bonus

The major part of promotional deals are usually assigned for the first few consecutive deposits. This is a smart way to add value to your gameplay over time. 2nd deposit proposals generally offer smaller amounts of free cash if compared with the 1st deposit bonuses, as the second and third ones are considered more as their follow-ups. Second deposit offers keep you focused on the game, and their main goal is to make sure players do not lose their interest.

Third Deposit Bonus

This type of deposit promotion is usually the last one of three first that keep you craving for more action. Any cash bonus arising from consecutive deposits has more wagering requirements attached to it. That means that you cannot usually claim this reward unless you use free cash and spins given before. Only after a player wagers one’s 1st and 2nd bonus, casinos let them enjoy more benefits. What is more, in some cases brands may also offer bonuses on the 4th or even 5th deposits; everything to keep their clients coming back for more.

Casino Sign up Promotion

This type of bonus becomes available only after registration at a casino; sign up offers represent the player’s initiation into a world of online gambling. Players give trust to a casino by providing their personal data during the registration process, and as a result, get sign up bonuses for their loyalty. Choosing the right casino, this deal can be a big step leading to beneficial cooperation.

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Casino Welcome Bonus

These are the newcomers’ favourites as they imply matching up or doubling up their initial deposit. You can get a welcome offer as a new client that is registering on a casino website for the first time. The reward might include free spins or bonus cash; and it gives newcomers an opportunity to test their favourite games, as these offers usually do not require any deposit. As the majority of promotions, they still have wagering requirements that need to be followed.

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No Wagering Deposit Deals

When talking about the most rewarding deposit bonus deals, wagering requirements can be a serious sticking point. While gaming sites are interested in keeping the house edge in their favour and do everything to protect their cash, the possibility to claim free cash with no wagering is rare, but it still exists. We make sure that you can find the list of the newest Canadian casinos that offer this kind of promo on our website. 

Cashback Bonus

These are free money that casino clients receive following specific conditions. Cashback bonus helps to cover a percentage of their losses, and a lot of reputable casino brands in Canada provide amazing cashback deals where all losses can be returned. Cashback can be received on the second day after claiming a promo, which gives a strong motivation to continue playing. Be sure to check a list of casinos on our website, and you’ll find cashback offers with the most suitable players conditions.

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Reload Bonus

It is similar to cashback, though it is not completely. No one likes losing, and by offering this type of promotion, casino marketologists totally understand the user’s psychology. The casino reload bonus allows gambling fans to redeem a fair percentage of their lost money or even a whole amount of their previous deposits. The deal can be considered as an emergency measure in case cash flow runs dangerously low. And in some cases, these casino bonuses can be lifesaving during intense slot gameplay.

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High Roller Offer

In order to get this highroller bonus player has to be VIP player, or simply, high roller. This condition is similar to another type of offer, match-up deposit bonus, with the only difference in the betting amount. Casino sites tend to reward a player with some generous offers (that also come with better wagering requirements) in case one is ready to spend hundreds or thousands of dollars. This is a type of compensation a deposit online casino offers its users for taking the risk and investing big cash in their games. Besides, players who can afford large bets become VIPs and avail of more massive casino benefits.

Match Bonus

Gambling websites are ready to match even a low deposit value in order to get the players’ attention and increase their interest in gameplay. With a match bonus deposit casino a player can double one’s money, that is especially important for new member’s self-confidence with no to low gambling skills. However, the majority of casinos offering this type of deal apply wagering conditions, so don’t forget to check their T&Cs.

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Refer-a-Friend Bonus

Every entertainment can be more fun in a good company, and casinos are no exception. There is nothing better than participating in a poker tournament with your best buddies. This type of casino deposit bonus is one of the newest in the industry, as the tendency is that online gaming continues to spread virally. Everything you need to do to get this promo, is to recommend a casino to your friend. You might do one favour if he or she wins a nice jackpot actually.

Monthly Casino Bonus

Monthly promotions make players involved in all ongoing events and latest deals happening on their favourite gaming site. With a monthly casino bonus deposit, a casino platform can attract more fans eagerly awaiting the next month’s promos. These offers may vary depending on games and offering free cash or free rounds.

The Offer You Can’t Refuse: Multiplying Deposit Bonus

Match up deals have become so common lately, that players expect them as a welcoming card when entering an online gaming site. But game providers went a step further and started offering deals that multiply a player’s initial deposit more than twice.

  • 100% Bonus

This is a classic deposit bonus that matches your 1st deposit. In some cases, no wagering conditions will be applied to it. Besides, this promotion is often included in sign up (or welcome) offers which are aimed to motivate newcomers.

  • 200% Bonus

There are also offers that can reach up to the 200% low deposit casino, and they usually come with wagering requirements. These deals mostly include a particular amount of free spins that can be used on your favourite slots. 

  • 300% Bonus

If a casino offers a x3 cash reward, it usually means that they will split the given bonus into several consecutive deposits that you will be required to make through your gaming session. This approach will help you to prolong your play by continually giving you some exciting perks.

  • 400% Bonus

The principles that are valid for a 300% bonus are also applied to 4x deals that also add some extra cash on top of your four consecutive deposits. One of the possible variations is that they can come in the form of free spins. A player might encounter a “deposit 5 play with 40” casino offer, though 4x incentives are more common due to the fact the majority of players make at least four or five deposits during a gameplay.

  • 500% Bonus

Some of the websites that we recommend offer you 5x deals with free rounds included. And we can say this is rather generous. Such promotions can be sometimes applicable to several slots with massive jackpots. But please mind that the more significant incentives are, the higher are their wagering requirements.

  • 600% Bonus

If a casino offers you a 6x offer, you might be a high roller. Such casinos know what they do by promising their top players hours of pure adrenalin rush. A 600% bonus will surely come with stiff requirements. Still, this is a great challenge for dedicated Canadian players that love variety in their gameplay. 

Pay Attention to Deposit Casino Bonus Terms and Conditions (T&Cs)

Prior to enjoying some casino free deposit deals, make sure you learn such a small section but important section on the landing page, that lists all the Terms and Conditions.

  • Minimum Deposits

Every gambling website has a right to provide particular limitations such as a minimum deposit. This amount usually varies from C$10 or C$20, but it mostly depends on the website. Still, most platforms allow players different options to fit their gaming style and wealth status.

  • Wagering Requirements

We hope you’ve already learned how important it is to take this number into account prior to making your best deposit bonus deal. If you see 50x playthrough requirements, you should understand they will be rather hard to meet. The industry average is around 30x, that means you are required to wager your bonus amount 30 times to have a chance to withdraw your winnings. Sometimes these conditions can be also applied to your deposit, so be sure to study them carefully.

  • Maximum Bets

While trying to protect the casino’s cash flow, some websites can also set limitations to the bet size for most games (the exceptions are usually table games like poker). The standard maximum bet for an average slot game goes between C$5 and C$10, depending on the particular casino. However, wagering on such small bets can guarantee to make your gameplay longer and give you more excitement.

  • Banking Options Available

For every casino, payout systems should provide transparency and low fees. This condition is important not only for gambling platforms, but for their users as well. Banking methods that feature huge fees are usually excluded from the recommended options, as they require additional costs and as a result are not so rewarding for players. What is more, those banking methods that allow anonymity can have risks to virtual casinos by giving a possibility for cheaters to manipulate and gain more free deposit bonus casino offers than they should. So Canadian websites keep an eye on those and regularly update the lists with all the accepted payout methods.

  • Restricted Games

Most bets contribute to beating wagering requirements fairly when it comes to slots. Though in case a player loves table games, that will not be valid. Actually when you play poker or roulette using your free cash will not be considered as wagering due to fact these games are restricted from wagering requirements. Some of the other games can contribute less than equally, so try to consider those that will help you meet these conditions fast.

  • Time Limits

Time limitations as deadlines themselves stimulate players to faster gameplay. Besides, such restrictions help casino sites to sell more best deposit bonus casino offers. The usual time limitation is from several days to a week or in some cases a month. However, some of the most special offers might be valid for only a few hours, arousing excitement among players who actively look for the best deals and grab them as soon as they are discovered. With our list of gaming sites, you can find the best selection of games and grab your deal on time.

  • Minimum Withdrawals

All players from Canada can withdraw their deposits freely. However, when it comes to winnings, there might be some limitations. Casino websites tend to protect their cash flow and usually apply some minimum amount that was collected within a particular period. Their amounts vary depending on the casino, so consider reading terms and conditions carefully.

  • Bonus Caps

In case you win a specific cash amount that exceeds bonus caps, a casino website might freeze the rest of your winnings. While you may find such additional precautions not actually rewarding, you still know you are the winner in the game. Casinos may also keep the rest as long as your winnings are secured.

The Aim of Deposit Bonuses

Taking into account all the information above, it can be stated that a casino deposit bonus is a powerful tool almost all gaming sites use to promote their services on the market. However, their generosity comes with particular wagering conditions. All in all, the popularity of such bonuses proves that this strategy does stimulate immersive gameplay. All people love prizes, and some of the most generous offers are there to inspire their loyalty and create trust with their favourite gambling site.

Measuring a Deposit Bonus Value

If one wants to calculate the value of a bonus one needs to consider some of the main factors: house edge, wagering requirements, and the amount of free cash you receive. Let’s consider the example below as an illustration:

Deposit amount: C$100

Bonus percentage: 100%

Wagering requirements: 20x

Here, your total play money is C$200 (the sum of deposit amount and bonus percentage). That means that you have to wager C$200 at least 20 times before you’ll be able to withdraw your winnings, which will be equal to C$4000 worth of bets. Any promotion that comes with 30x playthrough requirements can be considered a rewarding one, especially when we’re dealing with a high payout percentage rate.

Is Online Casino Deposit Bonus Worth Getting?

If a promotion comes from a trustworthy provider that has fair wagering conditions, the deal is definitely worth trying. Take advantage of deposit bonuses and you can easily turn free these deals into profits. Considering our professional advice, and you will be on your way to conquering every game you come across.

FAQ

How to choose the best deposit bonus?

If you want to get the most out of casino promotions, consider such essential factors as minimum deposits, time limits, maximum withdrawals, wagering requirements, and bonus caps. Besides, don’t forget to check whether a casino you choose is reliable and safe, or simply choose the one from GambLizard, as all of the gambling platforms available on our website are 100% legit.

Which banking methods are the best ones for casino deposit bonuses?

As a rule, deposit online casinos offer only reliable and safe payment methods for Canadian players. So you’re free to choose the most suitable option for you to make deposits and withdrawals, and use all of your deals to their fullest.

Is the biggest offers always the best one?

Big bonuses are always attractive. Still, we recommend considering some additional factors such as the terms and conditions of these offers. You can surely find good value promotions on our website.

Can I win real money with a deposit offer?

For sure. Not actually a type of bonus, but rather your skills and luck are the ones to determine your winnings. So keep going, and the results will show.

Do I need to try this type of offer?

You are free to choose which promo codes to claim, and to choose at all. Though, casinos with deposit bonuses will undoubtedly have benefits on improving your gameplay and provide you with a valuable experience.

Are there deposit bonuses with no wagering requirements?

While the majority of gambling websites do require wagering requirements when choosing deposit deals, some casinos still offer promos without them. While you won’t need to invest any money to claim them, consider some other conditions that might influence your withdrawals.

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