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Also called the welcome bonus, like the name, this bonus is supposed to inspire or encourage you to make your first deposit. You may ask, what exactly is this and is it the same as a no-deposit welcome bonus?
Well, while they may sound alike, a casino first deposit bonus and a no-deposit welcome bonus are two different things. Read on as we explain in detail what this particular bonus is and more importantly, why you should take it seriously.
Casinos in Canada and across the world offer first deposit bonuses to their new players just after they make their first deposit. It is a special type of welcome bonus that is only offered after you make an initial deposit. Since existing players cannot make a âfirstâ deposit (except if they go to the past), this casino bonus is exclusively for new players.
Usually, the online casino gives the player a percentage of their initial deposit (in most cases up to 100%). For example, the casino can offer you a 50% match-up bonus, of up to $500. That means, if you deposit $200, you get an additional $100 to play with. In this example, you can only receive a maximum bonus of $500.
A lot of your gameplay depends on the kind of online casino that you use. Therefore, the first step to collecting a casino bonus is not to find a bonus like most people think. To get a good casino First Deposit bonus, your first step should be to find a good casino that you can trust. This includes finding a Casino that is properly registered with the right license in their area of operation. Also, you need to check what people are saying about the online casino on the internet. Are they fraudulent? Do they pay people when they win? These are questions that will likely lead you to reputable casinos.
Once you have found your online casino of choice, it is time to register. Different casinos have different procedures for registration but in most cases, you should find an obvious âRegisterâ or âSign Upâ button on the homepage. Click the link and fill in the required information to continue.
After registration, you may need to verify your identity. In Canada and in many other jurisdictions, online casinos are mandated to collect the identity information of their users through what is called KYC regulations. Completing the process typically requires that you upload a valid ID (driverâs license, ID card, passport, etc.). In a couple of hours or days, your membership should be confirmed.
Once you are verified, find the banking or cashier section. This is where you make payments to the casino. While you are here, find the payment method that suits you and complete the required information. As you fill in the information, you should find a section that requires if you would like to opt-in for the bonus. Accept the option, and continue your payment.
Once you are done paying, the casino bonus should immediately appear in your account.
There are so many âjuicyâ casino first deposit bonus offers out there. As a first-time player, how do you know which one is the best online casino First Deposit bonus in Canada? Well, as you will see, the answer to that is not always straightforward as it all boils down to you and your preferences. However, these three tips will guide you to make the best decision:
Wagering requirements give you an idea of how many times you must play your bonus amount before you can access your casino wins. For you to understand, imagineyou won $200 with a 10x requirement. That means, you must bet with a total of $2000 (at least) before you can make any withdrawals.
When calculating the wagering requirements, casinos do not include all their games. The games with which you can claim the bonus are called the eligible games while the percentage these games contribute to the wagering requirement is called the game contribution.
Your bonus might also have a maximum limit on how much you can wager. Some online casinos intentionally leave these limits for many reasons. In most cases, the limit helps maintain the principle of fair playâensuring the casino stays profitable. Bonuses and any winnings linked with them are subject to forfeiture if you exceed these limitations.
The wagering requirements for most first deposit bonuses have an expiry date by which you are required to fulfill them. This time frame may be anything from a few days to a few weeks. You risk losing the casino bonus and any profits accrued from it if you don’t meet the requirements within this timeframe.
Many casinos set a cap on the maximum amount you can earn using a first casino bonus. The bonus amount or a predetermined payment is commonly used as this limit. Withdrawal of any winnings exceeding this limit may result in their forfeiture.
