Canadian online casinos have been known to nurture their relationships with all customers. As such, there are different casino bonuses made available to suit individual preferences and gaming styles. Some of the most common promos include no deposit bonuses, match-up promos, and reload offers among others.
While the offers help you increase your bankroll, you need to know how to withdraw bonus winnings effectively.
Just as indicated in the name, these are casino deals that do not require you to deposit anything. If you're new to online gaming, there are a few things you should be aware of regarding how to withdraw bonuses. Cashing out winnings derived from these particular promotions may seem daunting - however, as long as you follow the terms and conditions, it can be done successfully.
These particular promotions are quite generous and usually have a protective mechanism, commonly referred to as the wagering requirement. Betting houses have these requirements to curb bonus abuse.
Also known as rollover or playthrough, this is simply the number of times Canadian gamers must wager the bonus amount. These requirements ought to be completed before a player can be allowed to withdraw bonus winnings. Mostly, the playthrough requirement attached to a bonus could range from 10 times up to 99 times depending on the betting house. For example, if you receive $50 free money with a 30x rollover, it means you have to wager your bonus amount a total of $1500.
Note that the lower the wagering, the easier it is to complete. Most rogue casinos will have unreasonable requirements, which is why it's very important to register with licensed game sites only.
Keep in mind that redeeming two no deposit bonuses back to back will automatically void your ability to withdraw bonuses.
To meet the wagering prerequisites effectively, you need to play the games that are allowed. Additionally, each game has a certain contribution that goes towards meeting the playthrough, expressed as a percentage. Usually, slots will have a 100% contribution, blackjack-10% or less, video poker-80%, while other games such as keno and bingo have 0% contributions.
This is clearly indicated in the bonus terms and conditions, which is why it's strongly advised that you go over the fine print before claiming any kind of promotion.
Reputable online gambling establishments will provide plenty of trustworthy banking methods to ensure that you can cash out safely and conveniently. Also, the availability of withdrawal methods may vary depending on your location - therefore, always check whether or not your chosen method is available within your region.
In order to withdraw bonus winnings, licensed operators ask you to fill out a withdrawal form and submit some form of identification - usually, copies of a utility bill, drivers' license as well as other documents to verify your identity. While this may seem daunting, operators have such precautions in place to check fraudulent activities and identity theft. Players are advised to comply with these safety precautions because they ultimately safeguard their interests as well.