Best Casino Welcome Bonuses in Canada 🎖️

What You Really Get With Welcome Bonuses

Before we start, let’s talk about what you can expect from a welcome package for Canadian players. A welcome pack is a good thing to have, but it does not give you “free money”, as we will explain below. For now, take a look at the table below to have a general idea about what you really get with this promotion.

Casino Welcome Bonus Explained for Newcomers

This promotion has many names: you can see it mentioned as “first deposit bonus”, “welcome package”, or “sign up bonus”. No matter what the name is, this offer is a casino match bonus that focuses on the first deposit of new customers. It matches the deposit amount with a specific ratio (i.e., 100%) and defines the end result as a “bonus balance” to your account. For example, if you deposit 15 CAD, the casino credits another 15 CAD to your casino account. This bonus balance can be withdrawn or used to play games after completing wagering requirements.

The Math Behind Welcome Offers

The math behind a match up bonus applies to welcome packages too. It is actually a very simple formula: you multiply the deposit amount with the bonus percentage. The result will show the bonus amount. Let’s explain with an example:

• The match rate is 200%
• You deposit 10 CAD to trigger the offer
• Your bonus cash will be 20 CAD (10 x 2 = 20)

If the match rate was 300%, you would be able to get 30 CAD (10 x 3). And if it was 100%, the bonus amount would be 10 CAD (10 x 1).

Casino Sign Up Bonuses Always Have Strict Terms and Conditions

Bonus activation is very easy, and depositing the minimum amount set by the casino is usually sufficient. (Sometimes, you may be asked to use a bonus code too.) However, once you claim the bonus, you will have to comply with many conditions to withdraw or use it. If you fail to do so, your bonus will be cancelled. To give some examples:

• You cannot withdraw money until the wagering requirements are complete.
• Likewise, you cannot exceed a maximum bet limit (usually 5 CAD) on all games until the end of the wagering requirements.
• You are only allowed to play certain types of games (usually slots) to complete the wagering requirements.
• There is a maximum limit (maximum bonus amount) you can win with the offer.
• The bonus is for new customers only and can be used once (unless otherwise stated).

The most important among these are the wagering requirements, so let’s explain it in a separate section.

Withdrawing a Casino Welcome Bonus Depends on Wagering

Even the best welcome bonus casino has wagering requirements. This simply means that in order to withdraw or use your bonus, you must first wager money, i.e., deposit and play (spend your deposit by playing games). The amount of money is determined by the wagering rate, which the casino freely chooses. This is a requirement that applies to all casino bonuses, not just the sign up bonus. Let’s give some examples for calculation:

• The bonus is 100 CAD, and the wagering rate is 25x. The money to wager is 25 x 100 = 2,500 CAD
• 250 CAD bonus is offered at 30x wagering odds. The Wager amount is 30 x 250 = 7,500 CAD

New Casinos Offer the Best Welcome Bonuses

A welcome offer is made to encourage players to complete registration and make their first deposit. In other words, the goal is to convert them into new customers. Predictably, new casinos need new customers the most, so their offerings are almost always bigger and better. So, if you are looking for the highest welcome bonus casino, you should check out the new sites.

Technically, the bonus is still the same, i.e., it matches the deposit amount at a certain rate. However, in new casinos, the match rate is higher (e.g., 300%), wagering rates are slightly lower, and a large number of free spins are also included in the offer. In short, these casinos offer new customers a much more advantageous match bonus. This also applies to other the best casino bonuses online: new sites make larger offers on other promotions as well.

Our Criteria for Picking the Best Welcome Bonuses and Top Casino Sites

We have a set of criteria for selecting the best online casino bonuses (and the top casinos that offer them). As every player knows, the gambling industry is full of promotions, and every website claims to offer the best casino bonus. In reality, however, few sites make offers that are worth your time and money. We consider the following factors to analyse casinos and the latest casino bonuses that will give you a real advantage.

Finding the Biggest Welcome Bonus Casino

The welcome offers (and match bonuses) of online casinos in Canada can be considered “big” if they exceed a certain threshold. This is defined by two things: the match rate and the maximum limit. Both should be as big as possible. For example, if the match rate is 500%, but the maximum amount is limited to 100 CAD, it is not a big bonus. Likewise, an offer with a limit of 1.000 CAD but has a 50% match rate cannot be considered big too. Any bonus that offers a rate of 200% and above with a very high limit counts as “big” in our opinion.

Casino Welcome Offer Types & Their Features

The content of welcome offers often consists of a match rate for the 1st deposit after registration, but you can also get different rewards depending on the creativity of the casino. Some of these may be more beneficial than a standard welcome pack. To give some examples:

• No deposit bonus: A new registration is sufficient to claim this offer, no deposit is required. It’s not as big as the welcome pack, but you still get a cash balance and/or free spins.
• Cashback bonus: This is also called the “risk-free wager” bonus. If you lose your bet with your first deposit, the casino will refund a certain percentage of your loss.
• Free spins bonus: You get a series of free spins (for example, 100) to use in a particular slot (or multiple slots from a provider).

Below, we will explain these bonus types in detail.

Casino Match Deals

This is the most common example of welcome packages. It has multiple types, but the only difference between them is the match rate.

Cashable vs Non-Cashable Welcome Bonus

Welcome offers at Canadian casinos also divided into two, depending on whether they are cashable or not. A cashable bonus is one that can be withdrawn as cash after the wagering conditions have been met. So, for example, if you have a 200 CAD bonus, you can withdraw 200 CAD from your bank account. This is not possible with non-cashable bonuses: the bonus money can only be used as casino credits (i.e., for playing games). If you make a profit with this credit, you can still withdraw it.

Cashable bonuses are generally better, but with non-cashable bonuses, it is possible to get a larger budget that can be used for gaming. For example, a cashable bonus offer can give you 100 CAD, while a non-cashable bonus can give you a 300 CAD bankroll. It is best to decide according to your own priorities.

What Is Included in a Casino Welcome Package?

All other options are a little more exotic, but they can be even more beneficial if chosen correctly. Chief among these are the welcome packages with multiple deposits. So, the offer covers the first few deposits, not just the first one. For example:

• First Deposit Bonus: You get a high match rate for your 1st deposit (i.e., 300%), and you usually get free spins as well.
• Second Deposit Bonus: On the second deposit, the match rate drops slightly (i.e., 150%), but the maximum limit stays the same.
• Third Deposit Bonus: A low match rate is offered for the third deposit (i.e., 75%), but the maximum cash you can earn is still the same.

With such bonuses, you must complete all deposits to claim the full package. In this respect, they take a little more effort, but they allow you to earn more in total. Such a package can give you an amazing bonus of, for example, 5,000 CAD + 300 free spins after the first three deposits.

In addition, as a new member, you can get free spins without having to make a deposit or get a “guarantee” instead of a match rate. This guarantee will refund part of your loss (for example, 20%) if you lose your first deposit in the game you used. This bonus usually does not require a wagering condition and is offered to existing members on similar terms too.

Start Playing With the Best Welcome Bonus Offers Now

All online casinos offer you a welcome package. The main thing is to find an offer that will be really useful. In this guide, we think we’ve helped you figure out how to do that. With the tips we provide, you can analyse the offers of online casinos much better, or you can choose one of the welcome packages we recommend to you. The decision is yours: in any case, you can be sure of a fun and rewarding experience awaiting you. Good luck!