What you need to know about First Deposit

One of the major bonuses at online casinos in Canada is the first deposit bonus. Poker rooms attract new gamblers by offering bonus money to them when they sign up on the platforms. When you sign up at a casino platform, you will receive your welcome bonus with which you can play some games for free. The welcome bonus is to help you understand the intricacies of the games. As soon as you understand how the game works, you can go ahead to make your first deposit at the casino platform.

How does First Deposit Bonus work?

When a player makes his first deposit, the poker room creates a different bonus account for him in the cashier section. It should be noted that every poker room has a cashier section which shows the amount of money you have in your casino account. Canadian players can make a deposit and withdraw from the main account. The bonus account has all your bonus money in it. As you use bet from your deposit account, your bonus money will be released in installments into your main account. Usually, the first deposit bonus is a percentage of your deposit.

Details of Bonus in Percentage

For example, when a poker room offers its player a 100% bonus up to the sum of $500, the details are as follow.

100% bonus

This implies that you will receive bonus money that is equal to your first deposit. Therefore, if you make a deposit of $150, you will receive additional $150 into your bonus account. This bonus account will be released in installment on your deposits.

Up to $500

This means that the maximum of bonus money you can get is $500. Therefore, if you make a deposit of $700 for instance, you will only receive the maximum bonus of $500 and not $700.

However, you should never be deceived by the huge bonus. You need to know the wagering requirements on the bonus before you claim it. It will not make so much sense to have to use $2000 for a bonus of $200. Take advantage of best offers and promotions and get the best payouts.