What is the Reason For a 200 Casino Bonus?
Canadians can take advantage of the 200% bonus and more. But there is a question many of them ask. Why do casinos provide such lucrative deals? They mainly want to attract new players from Canada and elsewhere. Also, they want to ensure that when you join their sites, you can stick around. Most gaming websites create an entry bonus offer that could capture the attention of many people. Hence, they provide the 200 first deposit boon as well as promise to give other awards.
Usually, most gaming sites begin with a higher offer of 500% or 400%. After registering many newcomers, they substitute these awards for the 300 or 200 options. The 200 promo is pretty cheap to maintain when compared to the 500% package. By offering it to you, game providers want you to take the first step of joining them. They also expect that soon you would become an active player.
When gamblers are active, they place bets often. That’s an advantage to a casino that has many active gamblers as it would have better proceeds. Online casino bonuses can keep bettors focused on winning and having fun. And, if a site has excellent customer service, many payment methods, an easy user interface, and several games, it can gain the gamblers’ trust. Still, if its wagering requirements are fair, novices would have no reason to run away.
Types of 200% Casino Bonuses
- The First Deposit – This is a sign-up offer that only a new player can receive. It is a new players-only award. The first deposit bonus casino can decide to make it a single big offer or break it into several deposits.
- The Welcome Package – This deal is available to a newcomer who joins a website and places real cash in their bankroll. A welcome bonus is popular among new and old gambling places online. It can include not only the deposit benefit itself but also free spins or credits.
- The Loyalty Programme – Any new member will have an opportunity to join a loyalty programme. It usually has levels to climb. When you place a new bet, for instance, you will instantly earn a loyalty point. As you ascend various levels, you will increase your odds of winning a big casino bonus.
- The Free Spins – This bonus type is so common. When the goal is to attract newcomers, the free spins come as a separate entry promotion. A 200% bonus casino will promise a 200% match deposit bonus if you add up to a given amount to your account balance. On top of that, they promise to provide a certain number of free rounds with your welcome bonus package.
How to calculate 200% Bonuses?
Online game providers are willing to take the risk of giving you a high welcome package. The question is: are you ready to make the most of it? Before you can answer this question, ensure that you know how much you can get from the 200% offer. Usually, deposit bonus casino sites match your initial cash at a rate of 200%. In addition, they may have pre-set minimum and maximum limits. To help you understand this, we will illustrate how this works.
If you add C$100 to your account, the operator will match the bonus up at a rate of 200%. Thus, you will receive C$200 free money. In total, you will have C$300 to use when betting. Note that this promo applies only to your 1st deposit. If the operator can push their generosity further, they can provide a second and a third perk. In such a situation, the gambling site will protect itself by placing a cap of up to C$50. Even if the 200% award does not yield much, it is completely free money.
Besides, it may come with less stringent wagering rules than the 400% or the 500 boons. In addition, the 200-award might provide as many exciting games as the 500% one. As you look for online casino deals with a match rate of up to 200%, avoid those with strict terms. It will ensure that you profit from the boon.
Now you know how sites calculate your 200% entry prize. The next thing is to determine how much you want to spend to claim your first deposit bonus. As aforementioned, some websites have set the minimum amount that you put in your online account. Others have the maximum limit too. Ensure that you select an amount you can pay between the two limits. Surpassing the maximum limit does not guarantee higher payouts. Most sites will cancel any winnings you have made with the extra money.
All welcome bonus packages consist of the burden to meet all the wagering requirements. Other names for these are play-through requirements, turn-over requirements, or roll-over requirements. These are limitations that make it harder for people to grab your gifts. Gambling site operators would lose a lot of money if they made it easy for people to withdraw the bonus money. So many people would create a new account only to get the chance to run with free money. With play-through requirements in place, a player would take days or weeks to comply. To profit from your 200% deal, the wagering requirement needs to be lower. For instance:
- Yours odds of completing the requirement would be better with a 10x playthrough than with a 30x playthrough. If you initially add $10 to your account on a 200 match deal, you would get C$20 free money plus C$10. To know the amount you would wager to cash out finally, multiply C$30 by the wagering requirement of 10x. The answer is C$300.
- Your chance of completing a roll-over requirement would be harder with a 30x playthrough than the 10x one. With the same C$30, you would require C$900 to finish your wagering requirement and withdraw.
As you can see for yourself, you can meet your turnover requirements faster when the number is lower than when it is high. As well, you can only withdraw when you are done with the mandatory casino play.
How to Find the Best 200% Casino Promotion?
We are always searching for the best casino promotions. When we find excellent and reputable bonus offers, we list them on this site. The first thing we wish to ensure is that you can grab only trustworthy boons. We test them before placing them on this website, and we know one thing for sure. Some 200% deals are hard to obtain due to strict roll-over requirements. These are not worth your time, and that is why they are not on our list. Feel free to accept any gambling site listed here as the best provider of 200% promotions. No matter where you live, we have genuine promotions for your area. We have done the tough job for you; and, it is now up to you to capitalize on that. If you decide to look for some, consider the following:
- Game providers can match the amount you put to your account by 200%, yes, but only up to a pre-set maximum limit. Check this limit first.
- Will the site cancel the free reward if you try to withdraw your money? Pick a website that can let you withdraw winnings without cancelling your gift.
- Select a deal that has the type of online games that you would love to play.
- If you have a smaller budget than these bonuses require, move on to the next promotion. For instance, you will probably need to find a gambling hub that allows people without change to start with only C$1.
- Choose an adequately high wager limit to complete your wagering terms quickly.
How to Claim Your 200% Deposit Bonus?
Before you can enjoy gifts from your favourite local gaming sites, make sure you know how to claim them. The claim process for your 200% award goes like this:
- Choose the platform you would like to join and create a new account. Sign-up is a must if you want your 200% boon.
- Activate your account from your email inbox and navigate back to the bonus casino site.
- Log in and go to the cashier page to add money to your new account. Do this if the promotion requires you to use the money first.
- Access the payment page and enter the information it asks of you.
- Revisit the cashier section to check the new balance.
- Complete the wagering requirement to get a chance to withdraw your winnings.
It is easy to obtain a 200 percent award if you are a Canadian. Several websites have this ad, yet some of them have very strict rollover requirements. It is always important to discover these before you can take advantage of the promo. Another thing is to get familiar with the minimum and maximum amounts you can place into the account to benefit from a deal. Still, most game providers have rules regarding the games you can play to get a bonus. So make sure you select a 200 offer with the titles you love to play. Above and beyond, ensure that you have the budget to invest in gambling.
Frequently Asked Questions about 200% Bonus in Online Casinos in Canada
Do Canadian players get 200% casino bonuses?
Yes, this is a common type of free ad you will find on the internet.
How does a 200% bonus casino work?
If you want to capitalize on this ad, make sure you have some cash to spend. Once you create an account, check the cashier section. Then, follow easy steps to add money.
Is there a 200% bonus casino with no wagering?
No, make sure to know all the conditions and terms of wagering before claiming your bonus.
Can a 200% Bonus Casino Expire?
Yes, if you take too long to claim, you will miss the deadline and lose the chance of having a gift.
Is the 200 casino bonus the biggest casino bonus?
No, it is not. You can still look for the 500% or 400% deposit bonus offers online.