While there are a great many positives to gambling on desktop or mobile, online casino bonuses are certainly one of the most lucrative perks. Just about every real money gaming site in Canada offers online casino bonuses in some form or another, which makes signing up even more enticing. The problem is if you want to get the most out of your rewards, you first have to clear your wagering requirements. What most players don’t know is that some games clear wagering requirements faster than others, so we’ve outlined what you should look for, and what to play.
Even the best online casinos in Canada have wagering or playthrough requirements attached to their welcome and deposit bonuses. This means that you will need to play through a certain amount of money before you can withdraw your winnings. If wagering requirements are set at 20x you must play thought this amount 20 times before you can make a withdrawal. These requirements were implemented to stop players taking advantage of rewards and simply claiming them and cashing out. They ensure that the casino can benefit too, and that players can enjoy enriching rewards at the same time. Essentially, they are a win for everyone.
Every site has different wagering requirements attached to their online casino bonuses, and usually, the higher the reward, the greater the requirements. The industry standard is between 20x and 30x your bonus amount. This means that if you are awarded $100, you will need to wager 20x $100, or $2000 in real money before you can cash out. Some casinos may go as high as 40x and even enforce wagering requirements on deposit amount too. These sites should be avoided, as you are sure to be able to find a better deal elsewhere.
It is important to remember than not all games count towards clearing your wagering requirements. A good rule of thumb is to look at the House Edge. If a game has a very low House Edge, like Single Deck Blackjack, Roulette, Video Poker, or Baccarat, the chances are they will not count, or if they do, they will only count 10%. This means for every dollar you spend, you are only clearing 10 cents. If you need to clear $2000, you’ll have to play a lot of Blackjack!
Also remember that you have a limited time to clear your rewards. The best online casinos in Canada give you two to three weeks maximum before your bonus expires, while other sites only offer a few days.
The easiest way to make sure you are playing the right games to clear your online casino bonuses is to check the terms and conditions of any promotional deal. In the T&C’s you will find all the percentage ratings for each type of game. In most cases, the following options are your best bet:
As you’ll see, these are games of chance, not skill or strategy, and this contributes greatly to clearing your rewards when you play at the best online casinos in Canada.