First deposit casino bonuses give players a chance to play with more money when they first join a site. These casino bonuses can vary in size and may require different terms and conditions. This type of deposit bonus is prevalent across casinos in Canada.
In this article, we will take you through what makes the best first deposit casino bonus and how it works. We’ll also look at casino deposit bonuses of different sizes.
Why Do Some Online Casinos Give Away First Deposit Bonuses?
Reputable online casinos offer a first deposit bonus to help ‘welcome’ customers to their site and casino games catalogue. A first deposit bonus grants a player a set amount of extra casino credit based on how much they pay.
Most of the best internet casinos in Canada offer deposit bonuses as they appeal to players of all experiences. For example, an online casino may provide a player with 100% cash matching, which doubles their money. A different type of this casino bonus offers free spins when you pay a set amount. A first deposit bonus allows you to explore games without paying too much.
An online casino may offer first deposit bonuses to promote new games. They may also set up a casino deposit bonus to help entice new players to a new site. That said, these casino offers are easy to spot across well-established casino sites across Canada.
A first deposit bonus casino wants to reward players as early as possible for their loyalty. If you’re willing to make the first deposit of a minimum amount, the casino will reward you with a match. Further online casino bonuses may be available when you deposit more money into the casino later.
First deposit bonus codes are very popular with new joiners as they give them extra credit to play with. However, casino bonus terms and conditions will always apply – such as wagering requirements.
How Do You Claim a Casino First Deposit Bonuses?
Claiming for the first time at deposit bonus casinos may be as easy as paying in and using the correct promo code. The best online casino promotions will provide you with the code you need on the front page. However, it’s always worth looking out for these codes before you make a payment at deposit bonus casinos. The process of claiming this type of bonus will vary from site to site. However, here’s what you can expect from most Canadian online casinos.
- Find the first deposit bonus you want to claim at a Canadian online casino.
- Note down the bonus code and read the terms carefully.
- Register as a new casino player – fill out your name and address, and verify your email address.
- You may need to verify your ID – provide your passport and driver’s license details if asked.
- When making your first deposit, enter the bonus code for your first deposit bonus.
- Use a payment method applicable to the deal.
- Once your 1st deposit clears, you should receive extra credit in the casino.
As mentioned, many Canadian casinos offer extra deposit bonuses later on for existing players. Look at your online casino’s promotions page, and sign up for promo emails for the latest offers.
The Types of First Deposit Bonuses
Most first deposit bonus codes will grant you a ‘matched’ amount of credit to use on slots and games. However, other casino offers are part of this type of welcome deal. A typical welcome casino offer might look like the following:
The Deposit Match Bonus
Most first deposit bonuses ‘match’ however much money you first pay into the site. For example, a participating casino may ask for a minimum deposit of $10, with a 100% match. This means the online casino offers double the money you put in – you’ll get an extra $10 to play with. 100% is just one of the casino match bonuses you’ll find online. Some of the best casino bonuses online offer 200%, 300% and even more.
Minimum deposit and maximum deposit limits will also apply. For example, some of the best first-deposit bonus deals will let you claim a matched bonus worth up to $100. That means you can pay $100 of your own money, and your online casino will match it by a further $100.
New players can then use their money – and boosted credit – to try out a range of games. It’s an appealing initial deposit offer for players who want to focus on having fun over making money. These bonus offers will have restrictions and expectations, such as wagering terms. A first deposit bonus with a cash match may also require you to spend free credit on slot games only or live tables.
The cash match is a bonus Canada casino players can expect from smaller sites. However, across Canada, there are more prominent, more famous online casino brands that match money in VIP schemes. The best casino 1st deposit bonus doesn’t have to be a cash match – as you may also claim free spins. Here are some of the best casino first deposit deals you’ll find online across Canada now:
| Most Common Deposit Match Bonuses | |
| 50% | 300% |
| 100% | 400% |
| 200% | 500% |
Free Spins on Your Best First Deposit Casino Bonus
A big first deposit casino bonus may grant you free spins. Alternatively, you may have a choice between spins and cash matching. An excellent example of this first deposit casino bonus is the promise of 50 free spins when you deposit at least $10. The free spins package may increase in volume depending on how much you deposit.
With this bonus, you can expect a different set of terms and conditions to cash matching offers. After making your initial deposit, you may have a set amount of time to use your free spins. As with a 1st deposit bonus that grants matched cash, your bonus balance may be separate from your ‘real’ money. This is in line with wagering terms and conditions, which we’ll cover shortly.
The best casino first deposit bonus codes for free spins will also be optional to activate. The best casinos in Canada should let you register without claiming a deal. If not, be sure to compare other online casinos until you find a comfortable fit.
Pros & Cons of Popular First Deposit Bonuses
Even the best first deposit bonus may not suit your needs – and there are pros and cons to this type of deal.
- New players can explore casino games without paying in.
- It’s a great way to make your first deposit travel further.
- Some first deposit casino bonuses let you play table games, slots and more.
- Welcome deposit bonuses vary in size and value across Canada.
- Wagering conditions and withdrawal limits may apply.
- The higher the offer, the harder it may be to wager back.
- These may not be the best casino offers for people who want to win money.
- Some bonuses restrict credit to certain games.
Your tastes and playing preferences will vary. As with all bonus codes, it’s wise to check the fine print in full.
Important Casino Terms and Conditions
Terms and conditions that apply to first deposit casino bonus codes will vary from casino to casino. Here’s a quick breakdown of the main terms you can expect from these bonus offers across Canada.
Casino Wagering Requirements
Wagering requirements request that you ‘play back’ money you’ve won on bonus offers back into a casino. Most online casino sites in Canada use wagering terms and conditions as part of welcome deals (and some VIP offers).
Typical wagering requirements you may find as part of bonus offers may request ‘50x on bonus received’. Your casino wants you to play back 50 times your bonus credit received before you can withdraw. The higher the bonus amount you receive, the harder this may be to pay back. Sometimes, a first deposit casino bonus (Canada or elsewhere) may request you play back X amount on deposit and credit.
Wagering restrictions ensure that big first deposit bonus casino brands can still make a profit on the back of generous first deposit offers. Even the best casino first deposit bonus will likely ask you to play credit back before you can cash out.
Sometimes, the bonus credit you receive may have time restrictions for use. For example, some bonus offers request you use any winnings you make within 30 days of receipt. That applies, sometimes, to wagering requirement conditions, too.
A good marker for casino wagering terms is 50x. Anything lower than this threshold is generally very competitive. You may find an online casino first deposit bonus that requests little to no wagering back. If so, always read the other terms and conditions regardless.
A Possible Withdrawal Limit
Withdrawal limits can be imposed as alternatives to wagering requirement rules. For example, an online casino may stipulate that you can only win and withdraw a maximum of $50. That applies to any winnings through your bonus code, kept separate from your account balance.
A withdrawal limit can apply to cash matching and free spins winnings. Once you spend all your winnings in the casino, you can withdraw. Again, this condition helps to keep players invested in a casino for longer.
Compatible Casino Game Selection
Be sure to check which games your casino bonus lets you use credit on. In some cases, a casino bonus may restrict you to spending only on slots or on live dealer games.
Some online casinos across Canada allow you to use bonus credit for overall games and tables. It’s not rare, but many first deposit bonus casino platforms offer such bonuses to promote specific types and titles. The wagering requirement split may also apply in a similar way. For example, wagering restrictions on your chosen bonus may only apply to slots.
Casino Allowed Payment Methods
Some deposit bonus offer terms restrict certain payment methods at the point of registration. For instance, some casinos may request you use a valid card or bank account. Some e-wallets, such as PayPal, can face restrictions on these opening deals. As always, check which payment and withdrawal methods your casino – and opening bonuses – accept.
What is the Maximum Bet Allowed
If you’re playing slots or table games, some casino bonuses can restrict how much you bet each time. A first deposit bonus may stipulate that you can only place $0.20 as a max bet while you have credit.
This restriction makes your bonus credit last longer, and for the casino, it helps to retain interest. Many casinos in Canada have max bet restrictions on welcome bonus codes. However, these limits can benefit you, as it means you can keep playing for longer periods.
How Can You Find the Best First Deposit Bonuses?
When looking for the best 1st deposit casino bonus online, always remember to:
- Compare and contrast different deals and bonuses.
- Carefully read all terms and conditions that may apply.
- Read reviews from genuine players and customers.
- Look out for wagering requirement terms – anything less than 50x is generous.
- Check which games you can use your bonus credit on.
- Make sure you can withdraw your money shortly after using your bonus credit.
The best online casino bonuses may vary from person to person. Look, predominantly, for few restrictions and a wide variety of games you can use the credit towards. Choose a casino in Canada that’s fully regulated and that gives you a chance to turn down offers. Above all, don’t leap into the first online casino bonus you come across.
Summary
For new players of online casinos, a first deposit bonus can provide an excellent chance to try out new games. It’s also great for making your initial first deposit go further when playing slots and tables. However, some terms for exclusive bonuses can be restrictive – it’s wise to read the fine print. These casino bonuses, otherwise, come in all sizes and styles and are worth comparing to find the best 1st deposit bonus.