First deposit bonuses are the most common form of sign-up bonus deals in Canadian online casinos. Newly-registered players who make an initial deposit receive a certain amount of bonus cash from the casino as a welcome gift. CA online casinos usually match the size of the first deposit in bonus funds up to a certain amount.
Sometimes, casinos may offer twice as much as the initial deposit, plus a number of free spins on the hottest new slot games, making the deals too good to miss.
Top 10 First Deposit Bonus Casinos in Canada
With due diligence, our team has come up with a list of top casinos with the best first deposit bonuses in Canada. These casinos offer not only sizable welcome deposit deals but user-friendly terms and conditions, which is even more critical as it defines the ease with which you can turn the bonus into real withdrawable cash.
Check out the list and make your pick knowing you’ll be in safe and, above all, fair hands.
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How Does a First Deposit Bonus Work?
Upon registering your account, an online casino will most likely offer you a welcome bonus, usually in the form of a first deposit match. As a general rule, the casino will match a portion of your first payment with bonus cash.
The casino will always cap how much you get in bonuses. Otherwise, they would be in the red. Also, first deposit bonus casinos impose a minimum deposit limit to trigger the sign-up promotion, ranging from $10 to $20. The more you deposit the first time, the greater the bonus.
In addition to complementary funds, welcome packages may include free spins on the most popular slots, such as Book of Dead from Play’n GO or even some of Microgaming’s progressive jackpot slots like Mega Moolah: Absolootly Mad and others.
The value of free spins is usually the lowest possible in a specified game. Furthermore, there will be a cap on the max win, usually up to $100, but it depends on the casino.
Types of First Deposit Bonuses
First deposit bonuses come in many shapes and sizes, although their common denominator is the reward that awaits the players who register and make a deposit for the first time. Below are some of the most popular versions of this bonus.
100% Deposit Match Bonus
A 100% deposit match bonus is pretty much the standard when it comes to opening offers from Canadian online casino sites. Newcomers to the sites will receive the entire initial deposit amount in bonus cash. Note that the maximum bonus amount will differ from casino to casino.
You can use the bonus on all casino games except for live games, which sometimes have their own welcome bonus.
200% Deposit Match Bonus
When a CA online casino feels particularly generous, it posts a 200% deposit match deal as a welcome bonus. In this case, you’ll get twice as much in bonus funds for the first deposit you make. That means that if you deposit $50, you’ll get another $100 to spend on select casino games.
300% Deposit Match Bonus
The 300% deposit match bonus is the rarest of gems among sign-up bonuses. With this bonus, you’ll get three times more than you deposited in bonus cash. Let’s illustrate that with an example. For a deposit of $100, you’ll get another $300 from the casino, totalling $400 in your starting balance.
Important Features of First Deposit Match Bonuses
First deposit match bonuses may seem perfect initially, but their actual value is only measured by how difficult it is to turn them into real cash. This is where wagering requirements and other aspects of bonuses described in T&Cs come to the foreground. Let’s discuss them further.
When choosing a casino and its first deposit bonus, you need to look at the wagering requirements. These tell you how many times you need to wager the bonus amount to turn it into actual cash.
The wagering requirements usually apply to the bonus amount, but in some casinos, they may also include the amount of the deposit. For example, suppose a casino has a 40x wagering requirement on the first deposit offer, and you receive $100 as a bonus. That means you need to wager $4,000 on casino games before withdrawing the bonus and the pertaining wins.
Anything between 30x and 60x is the standard for wagering requirements. The smaller the wagering requirement, the better.
Bonus Expiration Date
Online casinos impose an expiration date on their deposit bonuses. This means you must try and clear the rollover within an indicated period before the bonus expires. That window of opportunity is usually open for seven days, but larger bonuses may last for up to 30 days.
You can only use certain sanctioned games to clear the first deposit bonus. These typically include slots that are not progressive, along with certain table games and video poker.
The table indicating the wagering contribution is more important than the approved games list. Wagering contribution shows the portion of the bet you place that contributes to meeting the wagering requirements.
Slots usually have a 100% wagering contribution rate, whereas bets placed on table games like blackjack and roulette contribute 10% at best.
When browsing the list of our CA online casinos and their first deposit bonuses, check how much the casino lets you win using the bonus cash. Casinos impose such limitations to ensure the bonuses don’t run them into the ground financially. You can’t expect a gambling business to go around giving unlimited freebies to all, can you? Still, the more they let you win and keep, the better.
Casinos may ask you to input a special bonus code during account registration to trigger the first deposit match deal. The code should be visible on the bonus promotions banner or the Promotions/Bonuses tab on the casino. These codes allow casinos to track how many people take hold of the bonus.
How to Claim a First Deposit Bonus
Obtaining your first deposit bonus involves only a couple of simple steps. Here they are:
- Register an account with one of the CA casinos from our list.
- Navigate to the Cashier section and choose the deposit method.
- Make at least the minimum deposit required to claim the bonus.
- Once your payment comes through, the bonus should be released automatically.
- Use the bonus cash to play the games and enjoy.
First deposit match bonuses are a great way to boost your starting bankroll and test the casino and its games without risking your own money. Provided you clear the wagering requirements, you can cash out the bonus and the winnings associated with it.
Our list of casinos features top bonus promotions in Canadian online casinos, with the most user-friendly terms and conditions that give you a decent chance of clearing the wagering requirements and walking away with money in your hands.
What is a first deposit bonus?
The first deposit bonus is a sign-up deal that newly-registered casino players can claim after they wire a deposit to the casino.
How big is a first deposit bonus?
The size of the bonus depends on the casino in question. The typical first deposit bonus is a 100% deposit match that gives you a bonus the size of your deposit. However, some casinos run 300% first deposit match bonuses.
How much do I have to deposit to claim a first deposit bonus?
The minimum deposit requirement usually hovers around $10, but it differs from one casino to the next.
What are wagering requirements?
Wagering requirements refer to the number of times you need to wager the bonus amount to turn it into actual cash.