Looking for Canadian casinos with the best bonuses? Luckily for you, our experts are always on the lookout for finding the best ones out there. Our guide here will not only present you with our always up-to-date list of best casinos with juicy bonuses, but it will also explain everything you need to know about these bonuses. Don’t forget to check our tips to maximise your winnings. Read on!

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What is a Casino Match Deposit Bonus?

A casino match bonus is a popular promotion at online casinos in Canada. It’s a deposit bonus whereby the casino matches your deposit with a percentage bonus. This incentive is often awarded as a welcome bonus on the player’s first deposit. But you can still get it as an existing player as a one-off offer. Match deposit bonuses can take three different forms as described below.

Single Match Bonus

A simple casino bonus that online casinos use to match the player’s first deposit with a bonus. Let’s say you’ve joined a casino and received a 100% casino deposit bonus of up to $100. Your first deposit will be doubled and the maximum bonus amount is 100 bucks.

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Tiered Match Bonus

Some CA casinos will match other deposits with a bonus besides the first deposit. For example, you might get a 100% bonus on your first deposit or a 75% match bonus on your second deposit. The package may even go beyond the third deposit, depending on the casino.

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Match Bonus with Added Free Spins

This is either a single or tiered online casino bonus that features free spins and bonus funds. For example, a casino may decide to reward new customers with a 100% first deposit bonus of up to $400 with 50 free spins. Here, you can use the bonus money on various casino games and use the free spins on slot games. Keep in mind that free spins are mostly awarded on selected games. Using our example, the casino may decide to offer free spins on the Book of Dead slot.

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Casino bonus terms and conditions always apply. These include time limits, eligible games, maximum bet limits, and wagering requirements. Players may have their bonuses or winnings from casino offers cancelled if they fail to comply with the terms.

Idea

We always encourage you to read and understand the bonus T&Cs at the selected Canadian casino before claiming any bonus.

How To Choose The Best Casino Welcome Bonus

Players must keep several factors in mind when choosing an online casino welcome bonus. Many Canadian casino bonuses are big enough to attract anyone’s attention, but a massive bonus is not always the best.

We advise players to take the following factors into consideration before claiming a casino’s first deposit bonus:

Play

Amount to Deposit

One of the first things to consider is the amount you wish to deposit. A casino match bonus on your first deposit is generally more profitable than other online casino bonuses. The offer is also meant for new players only, so you need to take full advantage of it.

If you can afford to deposit $200 to your casino account, look for a casino with a maximum bonus of $200. Also, make sure that the minimum deposit is friendly to your pocket. If you are a high roller, you certainly won’t mind if the min deposit required is big.

One aspect of a matched welcome bonus is that the percentage varies depending on the maximum bonus amount. If the percentage is high, then the bonus limit is likely to be low and vice versa. For instance, a casino may offer a 100% bonus up to $150 or a 150% bonus up to $100.

Discussion

Casino Reputation and Reliability

For your safety online, you must always join a licensed and reputable Canadian casino.

Great casinos share the following characteristics:

  • A valid gaming license from a renowned licensing body
  • A wide selection of slot games, table games, and live casino options
  • Different types of payment methods such as credit cards, debit cards, e-wallets, and cryptos
  • A website that works on all devices and supports your language
  • Excellent customer service via live chat, phone, or email

Our experts have reviewed every CA online casino recommended on this page to make sure it’s a worthwhile choice. We have looked at the above features and other crucial aspects that you must know. Thus, you don’t need to worry about these things when choosing a casino from our list.

Withdrawal

Wagering Requirements

As stated before, bonus T&Cs apply to all kinds of bonuses offered by casinos. For instance, your Canadian casino deposit bonus will likely come with wagering requirements. A wagering requirement is a simple multiplier that determines how much you must wager a bonus.

You must know whether you are required to wager your bonus money, online slot free spin winnings, or bonus funds plus deposit. If you claim a casino deposit bonus worth $200 and the playthrough requirement for the bonus alone is 30x, then you must wager $200 x 30 or $6,000. The best welcome bonus casino promotions have friendly wagering requirements. The higher the rollover, the harder it will be to win.

At some casinos, your casino welcome bonus may come as a wager-free incentive. If you are lucky, you might even find a casino welcome bonus with no deposit required. Also, slot games from certain providers may not be included in the wagering. We often feature the wagering requirements in our online casino bonuses list, so don’t forget to check. You are also welcome to visit our no-wager bonus page to see Canadian casino bonuses with no wagering requirements.

How To Maximize a Casino Match Bonus

Players can use a simple formula to calculate how much they need to deposit to make the most of a casino match bonus. It involves dividing the maximum bonus amount by the percentage, whereby the latter is converted into a decimal number.

Example 1: 100% casino deposit bonus up to $200

  • Maximum casino bonus = $200
  • Convert percentage bonus (100%) to decimal = 1
  • Divide $200 by 1 to get $200
  • So, you need to deposit $200 to get the highest bonus amount

Example 2: 125% match bonus up to $300

  • Maximum online casino bonus = $300
  • Convert 125% to decimals = 1.25
  • Divide $300 by 1.25 = $240
  • So, you should deposit $240 to enjoy the casino’s maximum bonus of $300
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When To Not Play with a Match Bonus

There are many advantages to claiming an online casino bonus. First, a casino deposit bonus will stretch your bankroll and allow you to play with more than you have. Therefore, you don’t need to worry about risking your money.

Second, a casino bonus will give you more time to play. Without a bonus, you can easily exhaust your deposit. With a match deposit bonus, you will have additional cash or free spins to keep playing. You can use the bonus to test the casino or even play some new games. Above all, you might walk away with real money winnings.

Now, why would someone want to skip an online casino bonus?

Well, the following are the common reasons why you might decide to reject a casino bonus:

How To Use a Casino Bonus Code

Some online casinos require the use of bonus codes when claiming the bonus offers. If a certain promotion comes with a casino bonus code, you need to enter the code when redeeming it. Note that casinos normally have one promo code for each type of bonus. That is, there could be a bonus code for the first deposit bonus and a different promotional code for the second deposit bonus.

Cashable vs Non-Cashable Bonuses - What’s The Difference?

Online casino bonuses can be grouped into cashback bonuses and cashable bonuses. Players ought to know the difference to determine which offer suits their preferences. With a cashable casino deposit bonus, you are free to withdraw your bonus and the winnings associated with it. Of course, you have to meet the applicable wagering requirement.

When it comes to a non-cashable casino bonus, you can only cash out your winnings. This type of casino bonus is also known as a sticky bonus simply because the bonus amount stays with the casino. The good news is, the bonus is often higher than with a cashable bonus. Also, this promotion is pretty good for boosting your bankroll.

The Advantages and Disadvantages of Casino Bonuses

We all love online casino bonuses for the numerous benefits they offer to players. However, it helps to also know that these promotions may have drawbacks. By knowing the good and bad aspects of the different bonuses offered by casinos, you can easily tell which ones suit your gaming needs.

The following are the advantages and disadvantages of playing with an online casino bonus:

Pros:

Cons:

FAQ

The best online casino bonus for you will depend on what you are looking for. You must first know the max bonus amount, percentage return, the games you would like to play, and the bonus terms. We provide all the details so you can choose the most suitable casino bonus.

A forfeitable bonus allows you to withdraw even without completing your wagering requirement. You first play with your own money and cash out if you win. You can then forfeit the bonus. If you lose, you can proceed with the bonus. Forfeitable bonuses gained popularity after the Competitions and Markets Authority (CMA) pressured betting companies to stop using unfair promotions.

A cashable bonus will let you keep your bonus together with your winnings. If you get a bonus worth $200 and win $150 with it, you can withdraw $350. You would only be allowed to withdraw $150 if this was a non-cashable casino bonus.

This is a type of bonus that players can never cash out.

Casinos would be giving away free cash without wagering requirements. They impose these conditions to prevent you from withdrawing a bonus without playing.

The best casino bonuses have wagering requirements ranging from 30x to 50x. Playthrough requirements below that are even better but very hard to come by.

You can know the value of a bonus by dividing the maximum bonus by the percentage in decimal form. Let’s consider a 100% match bonus up to $400. Convert 100% to decimals and get 1. Then, divide $400 by 1. This is the amount you need to deposit to collect the maximum bonus.

At NoDeposit365.ca, we review and list the best welcome bonuses, match deposit bonuses, free spins, and no deposit bonuses at trusted casinos in Canada. Our casinos have been licensed by leading bodies such as the UK Gambling Commission and the Malta Gaming Authority.

It depends on your objective, your preferred games, and how much you wish to deposit. Higher percentages usually mean lower bonus amounts. Lower percentages are much better because you can easily match the entire deposit.

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Olivia King -  Senior Editor and webmaster

Olivia King is our Senior Editor as well as our webmaster. She ensures that we provide the best no deposit bonuses in the market, regardless of your location or personal preferences.

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