Types of 400% casino bonuses
Before we explain the 400 casino bonus offers types, let's see what this promotion means.
A 400% deposit match bonus is a type of promotion that provides extra cash when transferring funds to your casino account. Of course, to reap the benefits of this offer, you must meet its respective terms and conditions.
We'll talk more about the T&Cs later. For now, let's transfer to the types of 400% rewards that gambling sites offer.
400% Welcome Bonus
The first 400% match and one that is the most attractive to players from Canada is the welcome package. As the name suggests, this promotion is given to newly registered customers at a certain Canadian operator.
Canadians need to transfer funds to their account to receive it. Additionally, they must meet all of the terms to withdraw winnings. The welcome bonus differs from other regular offers at Canadian casinos.
Unlike other promotions, you can only claim the welcome bonus once. Additionally, it is available to new players only. Loyal players that already claimed it have no access to it.
400% Match Deposit Bonus
Next up, we have the 400% match bonus. The main difference between this and the welcome package is that you can claim the first regularly.
In many cases, the match 400% promotion is available weekly. Just like the 400% first deposit bonuses, it too comes with its own set of T&Cs. Make sure you give them a read before opting in for it.
400% Reload Bonus
Many people in Canada often mistake match and reload rewards. The reason is that both require you to make a deposit.
However, reload offers differ from the match and first deposit bonus as they do not reward you after you once top up your account. Instead, you need to transfer funds multiple times on a selected day to claim it.
Let's explain it via an example. You've registered at an online casino with a 400% reload on Wednesdays, and the minimum required deposit is 20 CAD. So, you log in to your account on Wednesday, intending to claim it.
You won't receive the bonus when you make your first fund transfer. Instead, you need to make a second one. That is when the bonus is credited to you, and that is when you can use it.
How to find online casinos with a 400% bonus?
The biggest question around these bonus funds is how you can find reputable casino sites that provide registered players with rewards of this type. Well, you need to check a few things, and they are listed below.
Security and License
Firstly, before you rush into creating an account, you need to check whether the casino site is safe. The best way to do so is to check the license. Just scroll to the bottom of its home page and look at the footer.
This is where the casino should have information related to its license. Double-check the info with the regulator, and if it's clear, you are in the green. Licensed operators utilize the latest SSL encryption software. This AI tool encrypts data sent between you and the casino and doesn't allow unwanted parties to gain access to it.
Players from each country have particular preferences regarding depositing and withdrawing funds. The case is the same with Canada. So, you need to ensure that the online casino offers these methods.
Additionally, it is a significant benefit to have fast withdrawals. Additionally, it is suitable for them not to have a processing fee.
Checking the Promotions Tab
Finally, you should check the Promotions tab to see whether the gambling site has the 400% reward available. A bonus tip here is to read the respective terms and conditions to see how easy it is to claim the bonus.
Casino Bonus Terms & Conditions
All bonus funds that online casinos offer in Canada come with specific terms and conditions. The 400% 1st deposit, reload and match offers are no exceptions.
There are several T&Cs that you need to meet to withdraw potential winnings from playing the featured casino games, which are explained below.
First and foremost, as a deposit bonus, if you want to claim a 400% offer, you must make the specified minimum transfer of funds. The casino will not credit the promotion if you send an amount lower than that.
Next up, not every payment method is eligible for the bonus code. In many cases, e-wallets such as Neteller, AstroPay and Skrill are not eligible. That means you won't receive the code if you deposit with them.
Wagering requirements are arguably the most complicated part of the T&Cs. They indicate how much funds you need to stake at the casino to withdraw winnings made with the bonus money.
One of the general rules related to wagering is the lower they are, the easier it is to reap the benefits.
All the best online casinos have limits on the maximum amount you can cash out. This number varies from platform to platform, so make sure you are aware of it before making any moves.
The bonus amount has a certain timeframe in which you need to use it. The validity period starts ticking once you get a 400% reward. So, make sure you meet the rest of the T&Cs if you want to cash out your winnings.
Pros and Cons
Logically, nothing is perfect in life, and 400% rewards face the same reality. There are both advantages and disadvantages that come with an offer of this type, and we listed them below. Let's check them out.
Massive extra cash for regular and new customers
A majority of banking methods are eligible
Canadian players can claim them from mobile devices
The amount is transferred instantly