Many people from Canada wonder if it’s possible to make money through online casino bonuses. The answer is yes, especially in 2021, where many casinos are giving out fantastic prizes to both new and experienced players on their sites. Provided you have the right mentality and approach, making money online is possible.

Many people could not make money in the earlier years because the land-based casinos were not keen on giving their customers bonuses. The competition was not as stiff as today, making them operate with comfort. 

Today that’s not the case considering the increase in new entrants who continually improve their services to attract more customers. They also understand the magic that freebies do to the Canadian players, hence giving them a good casino bonus. But the question that many ask is whether the rewards are profitable.

Our gaming expert Michelle Thomas (view profile), seeks to answer the question promptly in this post. Read on to find out.

Here is how to make a profit using the bonuses

Understand the wagering requirement

Not all online casinos in Canada provide bonuses with the same requirements. Some require the players to stake up to certain amounts to withdraw their funds. The majority of the players get too excited when they hear about bonuses. As a result, they hurry to stake on the games without considering the wagering requirements.

That way, they end up taking more money than they win with bonus hence making losses. Some of the online casino sites do not have strict wagering requirements, thus favourable to most players.

Consider low to medium variance slots

High variance slots tend to have complicated procedures and may limit you from winning at them easily. If you win, there will be certain requirements that must be adhered to. But that’s not the case with the low to medium variance slots because they will allow you to cash out the bonuses in time.

Although the strategy does not put you in a better position to win higher rewards, it will allow you to use the bonus before it zeroes out. Fortunately, there are lots of casino games that will offer you these types of bonuses. However, you must be keen to ensure you only join the best one.

Don’t misuse the bonuses

Casinos use free spins no deposit casino bonuses to entice new players to join the gambling sites and keep the existing ones. That allows the players to enjoy huge rewards. However, the Canadian players who get these bonuses tend to use them exhaustively, which is against the requirements of the casino companies casino. They don’t expect the players to stake simultaneously using the bonus to win bigger rewards. Therefore, ensure you use the bonus accordingly to prevent getting blocked from using them.

Consider the game contribution

When you get the bonus, it’s important that you first understand that not all games will have the same game contributions to the wager requirements. When you are keen on the requirements, you will realize that most games do not make any contributions.

But, some games such as slot games contribute about 100%. But games like video poker and roulette contribute the least when playing. Therefore, you should not be too excited when you get the bonus. Instead, you should only utilize it in the best way.

Check the bonus percentage and the maximum amount

The first thing you will get on a casino site after making your first deposit is the casino bonus percentage. Therefore, when you join a casino site, make sure you check on the bonus percentage before anything else. 

You need to know about the percentage and the maximum amount you can win because it is what will determine whether you will make progress as a gambler or not. It’s sad to gamble and realize you are not making any profits nor progress in your projects.

The majority of the casino players do not know what they should do with their bonus. However, winning at the casino is easier if you follow the above steps. Some of these players end up wasting the bonus without gaining from it as they desire. We are certain you will know how to handle your online casino bonuses and emerge a winner.