Casino bonuses are offered by every single online casino out there – this is no different for the casinos represented on Slots-Online-Canada.com. This article looks at the finer details of a casino bonus including wagering requirements, game restrictions/eligibility and what category of a bonus they are.
Wagering requirements (or play through requirements) are used to protect an online casino from players abusing their casino bonuses. It basically means the number of times you need to wager your deposit or bonus (or deposit plus bonus) so that you can withdraw the bonus amount.
For example, 32Red Casino offers a 320% welcome bonus up to $160. So if you deposit $50, you would get $160 free. Now, the welcome bonus comes with 30 times bonus play through requirements. If you were to get the maximum $160 bonus, you would need to wager the $160 30 times – that’s $4,800 in wagering. Once you have done this, you can withdraw the bonus amount.
As mentioned above, online casinos impose wagering requirements so their bonuses are not abused. If you take the 32Red example above, the wagering for the full $160 bonus is $4,800 (30 x $160 = $4,800). If you work out the average house edge that 32Red Casino has, it’s around 4%. If you multiply 4% times $4,800 that would give you $192. $192 is $32 higher than the $160 maximum bonus being offered. On average, 32Red Casino will not lose on every welcome bonus being offered – if they did, they would be out of business.
Game Restrictions/Eligible Casino Games
When it comes to 32Red Casino’s welcome bonus, slots contribute 100% to the wagering so can you play your heart out on slots! If you take Jackpot City Casino for example, only slots are allowed to be played for the welcome bonus. This means that wagering on blackjack and roulette won’t count to the wagering requirements.
Every single bonus represented on Slots-Online-Canada.com will have the wagering requirements and the eligible casino games you can play. Our focus is slot games so will mention the recommended slots that can be played for a particular bonus. The hard work has been done on our part so you don’t have to read the terms and conditions basically – that’s if you trust us!
Some online casinos require players to input a bonus code to claim a bonus of some kind. If you take bet365 Casino for example, you need to use the promo code BONUS100 when depositing in order to get the 150% welcome bonus up to $150. There is no particular reason why any online casino chooses to do this or not but it’s down to how their bonus system works.
Players are sometimes offered custom bonuses that are valid for a specific period of time so use bonus codes – this way, players will enter the relevant bonus code to claim the relevant offer. Virgin Casino uses bonus code RELOAD for their monthly 100% bonus up to $200. Paddy Power Games is another that offers bonus codes for their various promotions.
Bonuses come under different categories – for example, some are cashable, some are sticky type I and some are sticky type II. The differences between them are quite apparent and will affect what you can do with the particular bonus.
Here’s a definition of these bonus categories:
The meaning of cashable bonuses is easy to guess – you can cash the bonus out if you complete the wagering requirements (and play the eligible casino games). You need to consider that bonuses do have timeframes – some are only valid for 48 hours or a week – read the terms and conditions before you claim a bonus.
One condition that most online casinos have is that your bonus will be withdrawn if you request a cashout. If you want to make a withdrawal, check with the customer support team that have completed the wagering requirements. If you are happy to lose the bonus amount, then go ahead with your cashout request. Make sure winnings are not deducted too – I recommend strongly that you contact the casino’s support team just in case.
Sticky Type I Bonuses
Sticky type I bonuses are defined as bonuses that you can use to wager with but cannot be withdrawn – so if you deposit $100 and get a 100% bonus, you will receive $100 free. You would have $200 to play technically. Once you request a cashout, the $100 bonus will be removed. No online casinos on Slots-Online-Canada.com offer sticky type 1 bonuses – I highly recommend that if a bonus is sticky type I, you don’t claim or take up the bonus offer. There is no point as you can’t withdraw the bonus amount.
Sticky Type II Bonuses
Sticky II type bonuses are defined as bonuses that you can use to wager but won’t be removed once you withdraw. You can use the bonus to wager and generate more winnings but you can’t ever withdraw the bonus amount. Sticky type II bonuses are better than sticky type I bonuses but in general, stick to cashable bonuses. Saying that, none of the bonuses promoted on Slots-Online-Canada.com are either sticky type I or sticky type II bonuses.
You need to be aware of the wagering requirements and game restrictions a bonus imposes. 30 times deposit is very good in my opinion when it comes to slot bonuses – the bonuses/promotions advertised on Slots-Online-Canada.com will show you exactly what is required of you in order to cash out the bonus amounts.
Cashable bonuses are the only bonuses that are available on this website. If you come across a bonus that is not cashable, I recommend you shouldn’t play the bonus. If you want to still play, contact the customer support teams who will remove the bonus from your account if you ask.