200% Welcome Bonus Casino in Canada
There’s plenty to love about online gambling, from the convenience to the game variety and beyond. Perhaps the most exciting aspects of remote play are the bonuses offered by casino sites. Canadian gamblers know that finding a casino that offers a great welcome package can have a huge impact on their overall experience.
Newcomers to these gaming platforms depend on online casino bonuses to make exploring an unfamiliar site worth their while. Different promotions can provide free spins or extra cash to play with and increase your bankroll. That brings us to today’s topic: the online casino 200% welcome bonus.
This highly popular bonus option can provide gamblers with a lot of fun opportunities to enjoy a platform. What is it? How does it work? What are the advantages of such a promo? We have all this information and more in our review of the 200% casino bonus. We’ve tested the most popular Canadian casinos and included our thoughts. Read on for details about this attractive opportunity.
Best Casinos in Canada 2020
What is a 200% Deposit Bonus?
First, let’s discuss what this type of bonus is. When you find a 200% bonus online casino, it means they will match your deposit amount with 200% of that amount, which comes out of the platform’s pocketbook. This match is a great way to increase your bankroll and maximize the fun you can have on any gambling site.
For example, let’s say you deposit $100 into your online gambling account. When you do so, the casino will add $200 to your account, leaving you with a sum of $300 to gamble with while you game. There is always some type of playthrough or wagering requirements, but we’ll get to that a little later.
The 200% match casino bonus promotion usually applies to the 1st deposit only. There will be the rare exception where a second or third deposit can also garner this match percentage, but those will often have a cap of $25 or $50. This, of course, protects the platform from being too generous that they never make a profit.
You might be wondering how this is better than what 100% deposit bonuses offer—or 300%, for that matter. 100% match bonus promotions are everywhere. While these are a great starting point, why wouldn’t you seek to get literally twice that amount for free?
Of course, money is never really free, and that’s where a 200% match can be better than greater percentages. The higher a match bonus is, the more terms and conditions apply. You’ll likely have to jump through greater hoops, have fewer game choices, or lower limits on the amount available for withdrawal. By searching for a 200% deposit bonus casino, you’ll hit a sweet spot for maximum profit.
Types of Casinos with 200% Welcome Bonus
Now that you understand what this type of promotion can do for your bankroll let’s move on to what types of platforms provide a bonus casino 200% welcome package. There are quite a few websites that meet these criteria. Let’s explore some other important features to look for.
You should always choose to gamble at fully licensed online casinos. Canadians can rely on platforms licensed in Kahnawake, Malta, or by the UKGC to honour their promotions. All the top casinos are fair and legally operated. When you’re ready to claim your well-deserved bonus amount, you can rest assured they’ll pay up.
Although we’ve discussed the popular 200% match for an initial deposit, there’s a secondary form of match available. These are free spins bonuses, which often come via Microgaming casino 200% bonus offers. The opportunity to receive credits on a specific slot game selection is a direct way to maximize your fun.
These free spins usually depend on you putting up some of your own money for a few bets first before they’re credited to your account. They may also be geared to specific slot games, such as the progressive jackpot Mega Moolah that Microgaming is famous for. Whether you’re hoping for bonus cash or free spins, there’s a casino out there for you. Here are the different ways platforms put up these lucrative offers:
- As part of a welcome package, many new and expanding platforms will offer a combination of deposit matching and free spins.
- New casino sites are likely to encourage account creation by offering deposit matches to all newcomers.
- Loyalty programs will occasionally provide promotional codes for deposit specials, and VIP players are more likely to see the 200% match option.
- Free spins on games from a particular developer, like Microgaming, are another common offer across different platforms.
There are plenty of Canadian 200% deposit bonus online casino promotions available, but we’ve listed some of the most popular below that have received our seal of approval.
- Casimba Casino. A 200% match on your first deposit, up to $5,000 total. You also receive 50 free spins that can be used on any NetEnt slot games. The minimum deposit is $20, and the playthrough requirement is 35x.
- Spin Fiesta Casino. The 200% bonus applies to your initial deposit, up to $100 total. To maximize your earning, deposit no more than $50. The wagering requirement is 50x and must be completed within 30 days of activation.
- Lucky Casino. This 200% first deposit match goes up to $100 as well. The minimum deposit is $10, and the playthrough is $35. You cannot withdraw your winnings until you’ve completed the wagering requirement.
Next, we take a look at the best and the worst of these offers.
Pros and Cons of 200% Deposit Bonus
Every gambler’s dream is to be offered free money. If we could all play and enjoy the thrill on someone else’s dime, that would be a dream come true. Of course, there are often conditions for promotional offers. Not every type of promo will be a good fit for every gambler. Here’s the breakdown of 200% first deposit bonus casino pros and cons.
- A great option to increase your bankroll. Any additional cash added to your real money account will help the fun last. Play even more rounds—and win more money—on your favourite games.
- Free spins are often available. With many welcome packages, you’ll nab free spins on popular slots. These are usually progressive slots, such as Mega Moolah or Starburst, which are known for making people into millionaires.
- Variety of deposit amounts. This type of offer comes with more flexibility than others. It’s not uncommon to find casino sites that will accept a $1 minimum deposit or $10 minimum deposit to get started. On the opposite end, you can find maximum matches that range from $50 to $5,000. There’s something out there for everyone.
- Reasonable wagering requirements. Nearly all deposit matches require some sort of playthrough amount to claim your free cash. The higher a match percentage, the more difficult it becomes to meet those terms. A 200% match is often accompanied by a playthrough requirement between 20x and 50x. This is a reasonable amount to meet for most gamblers.
- More difficult to come by. Not all casinos are generous enough to offer this promotion. In the event that a lot of folks take advantage of such a deal, some platforms are ill-equipped to honour it. It is much more common to find 100% matches instead.
- Higher minimums. Though there are a handful of sites that accept $1 or $5 minimum deposits, those can be difficult to find. These platforms are also more likely to offer slots as their only gaming option.
- Higher wagering requirement than 100% match promos. For novice gamblers, folks on a small budget, or simply those who aren’t committed to a platform, higher playthroughs aren’t ideal. Especially when it creeps up to 50x or 60x, some gamblers will be deterred.
Regardless of the size of your initial deposit or the match percentage, you will almost always have to complete a wagering requirement. Also referred to as a playthrough requirement and written with an x after the numeral (10x, 50x), this is the casino’s way of keeping things even and maintaining their profits.
Let’s say that your initial deposit is $10 on a 200% match promotion with a 25x playthrough. You take the amount of your deposit ($10) plus the match amount ($20), which equals $30. You have to spend 25 multiplied by $30 ($750 total) before you withdraw any winnings that occur while you’re gambling with the site’s money.
You still receive the money upfront to gamble within most cases, but the extra winnings will have to wait until you’ve satisfied the terms. You can see how gamblers on a small entertainment budget might find lower promotions (50% or 100%, for example) to be more manageable. They’ll only have to play through $375 or $500 to claim their winnings.
We recommend you always read the terms and conditions of an offer carefully, no matter what percentage the platform is offering. You don’t want to miss details on playthrough requirements, time limits, or withdrawal restrictions and accidentally forfeit your promotion. At our website, you can find a list of online casino low wagering requirements.
Join Today to Get Exclusive Bonuses!
Thank you for taking the time to read about these 200% bonus offers. We hope you found the information to be useful and enlightening. Are you excited to experience the benefits of these promotions for yourself? We won’t stop you. Join today to get exclusive bonuses and begin earning even more real money while you game.