Welcome Deposit Bonus

400% Casino First Deposit Bonus | Canadian Welcome Bonuses 2021

Online casino bonuses are by no means a get-rich-quick scheme. Most players treat online gambling mostly as a form of entertainment. Some Canadian gamblers, however, look for more than just entertainment. They want thrills and excitements, thus ending their gambling bout with a fat account balance. High-priced welcome casino bonuses can help them achieve this.

For many casino sites, bonuses and promotional offers are the main drivers of traffic. The majority of promotions are aimed mostly at casual punters. These are regular cash offers or deposit-free spins that don’t require too much money and effort to claim.

Then you have high-roller offers like the 200%, 300%, and even 400% bonus offers which are much harder to earn but are highly popular among the more daring.

If you feel up to the task but don’t know how big buck bonuses actually work, you’re not really up to the task. These offers demand your full attention, and getting through the requirements requires both knowledge and patience. Thankfully, you’re at the right place.

The massive 400 percent deposit bonus will be the talking point of this article. It is one of the biggest online casino bonuses the gambling industry has to offer. Still, some explanations about key aspects of this mammoth of an offer are in order for the uninitiated.

What Can You Do With A 400% Deposit Bonus?

A bonus like this can have many uses. It all depends on the bonus structure.

For example, a 400% welcome bonus would be aimed at new but experienced players. Seasoned gamblers don’t balk at the daunting wagering requirements that usually come with promotions like these.

They instead use the bonus rules to their advantage to reduce the wagering requirements by betting the right amount of money, on the right games, within the specified period of time to satisfy the wagering conditions and quickly redeem the 400% bonus funds that are coming to them.

If the bonus is for existing players only, they can use it to refill their account balance with fresh funds, but only after they’ve fulfilled the bonus conditions.

For those who play casino games consistently, going through the wagering requirements represents no struggle. Experienced and active players have the knowhow and devil-may-care attitude that allows them to effortlessly complete any wagering requirement by simply enjoying themselves as they play. Eventually, the bonus money that is credited actually feels like a real bonus.

Inexperienced players can use the bonus to their advantage as well. Due to the low minimum deposit limits of 400% deposit bonuses, thrifty punters can place a small deposit and complete the wagering requirements without being too wasteful. Of course, the smaller the deposit, the easier it is to meet the wagering requirements, but also the smaller the bonus amount received.

Those completely new to online casino gambling can also use the bonus to see how the casino works. Playing for the bonus accords the new player a chance to gain insight into how certain casino games work. Of course, the player cannot try all the games as only selected slot machines and table games apply to the offer.

Once the last wagering requirement has been satisfied, the bonus amount will be credited and can be converted into real cash. Thereon, the player can use the bonus cash as they see fit. The money can either be withdrawn or be used to continue playing, or both.

Who Qualifies to Claim a 400% Welcome Bonus?

However, claiming this big of a bonus will not be as easy for inexperienced players as it would be for their more seasoned counterparts. While intended for high rollers and bigger risk-takers, the best 400% bonuses would also be friendly to newcomers.

But when speaking about who can claim such an offer, it matters little whether the player is experienced or not. It only matters that the player who opts in is new and does not already have an existing casino account. If the 400% bonus is a welcome bonus, then only new players qualify for the offer.

But before you create an account, you must be eligible to gamble online. All licensed online gambling operators prohibit underage gambling. To be permitted to claim the bonus, the player must be 18 (or 21, depending on the casino and local gambling laws) and must reside in a country where the casino is allowed to operate.

The thing is, even if an online casino is licensed to operate in a given country, their bonuses could still have country-specific limitations. That means players can play at the casino but might not be eligible to claim a particular welcome package or welcome bonuses in general.

Additionally, if the 400% welcome bonus is offered only on the first deposit, players can opt-in if they make a qualifying deposit. Suppose the bonus is split into two 200% welcome bonuses on the first two deposits. In that case, only those who make the qualifying minimum deposit amount on the first two deposits can claim the entire 400% welcome reward.

Understanding Caps When Playing A 400% Welcome Bonus

There are certain limitations, or caps, that apply to welcome bonus promotions players need to follow when playing for a 400% welcome bonus.

The wagering caps are one such limit. This means when the bonus is activated, you need to place bets within the allowed limits for the bets to qualify toward reducing the bonus wagering requirements. Each online casino site sets its own betting limits, but on average, the limits per stake range between $0.5 and $5.

Then there are also deposit caps. These are your minimum and maximum deposit limits. For example, if the casino offers a 400% bonus up to $2,000, or up to $1,000, or so on, you must not make a deposit that exceeds that amount. The minimum deposit limit ranges between $10 and $50 for most welcome bonuses.

If the bonus includes free spins, the maximum wager per spin using the free spins can also be capped.

Seasoned punters would be familiar with so-called conversion limits. This refers to specific casino game categories (usually only slot games) where 100% of the wager placed counts toward reducing playthrough requirements. Other games, like table games and live casino games, may also contribute to wagering requirement reduction, but instead of 100%, only 70%, 50%, or even less of the wager will count.

Lastly, you have your withdrawal caps and maximum win caps. The former refers to the limits on the maximum bonus amount you can withdraw after completing the playthrough requirements. The latter is a limit on the maximum amount of money that can be won using bonus funds or free spins.

The Best 400% Match Bonus List in Canada

Canadian players have a pretty good choice of online gambling sites with favorable welcome deposit bonus offers. But finding a casino that offers this attractive 400% new-player bonus, or a 400% deposit bonus for existing players, may not be as easy.

First, conduct thorough research of existing gambling sites operating in Canada. Next, Make a shortlist of the best online casinos within the country based on player and professional reviews, user experience, licensing and legality, game selection, and, of course, bonus promotions.

Before depositing any money, see that the casino is legit. Canada’s Kahnawake Gaming Commission is the regulatory commission overseeing most forms of online casino gambling in the country. Ensure that the casino is licensed by either the commission or another regulatory organization overseas, such as the Malta Gaming Authority or the U.K.’s Gambling Commission.

If the casino provides a 400% welcome bonus or an existing player bonus of the same amount, sift the bonus rules to see if you’re able to meet its full terms.

There are a few online casinos in Canada worth checking out for 400%, or similar bonus offers such as La Fiesta Casino, Sloto Cash Casino, and Mr. Bet Casino.

400% Welcome Bonus Terms and Conditions

A 400% bonus is one of the more generous bonuses you can come across. However, appearances can be deceiving, and a casino bonus of this size carries strenuous wagering requirements that are not for the faint-hearted.

This huge offer is available to players of all levels, but bigger risk-takers certainly seem more drawn to it. And there’s a reason for that. Seasoned punters understand casino bonuses inside out and are not afraid to wrestle with complex wagering requirements and bonus rules.

Learning about wagering requirements is like learning to ride a bike: it takes some adjusting time and falling off a few times, but once you get the basics, it’s smooth sailing.

Even those with zero knowledge about online gambling can quickly learn the key elements of bonus terms and conditions, considering that they are similar for every welcome bonus.

Below are some of the essential components of all online casino bonuses every prospective casino gambler should know like the back of their hand.

Wagering Requirements

Wagering, or playthrough requirements, are part of almost all welcome deposit bonuses. It is practically impossible to find a bonus this size without wagering conditions.

A wagering requirement is the number of times you must wager the deposit or bonus amount before your winnings or bonus can be converted to real cash and withdrawn.

The amount of the wagering requirements usually oscillates between 25 to up to 50 or even 60 times the bonus or the deposited amount. Sometimes, a casino requires the player to wager the combined deposit and bonus amount.

If the 400% bonus is tiered, i.e. offered on several deposits, there can be different wagering requirements for different deposits.

Take, for example, Mr Bet’s current 400% bonus, which is split across four deposits. The first deposit bonus, worth 150%, carries 45x wagering requirements. Meanwhile, the second, third, and fourth deposit bonuses, worth 100%, 50%, and 100%, respectively, each have 40x wagering requirements.

Minimum Deposit

Staying within the range of the minimum and maximum deposits is essential to get your welcome bonus.

The maximum allowed deposit can differ significantly between different casino bonuses. One casino may provide a 400% bonus on a deposit up to $1,000, while another may set the maximum deposit limits even higher.

However, the minimum required deposit usually stays the same and is within the same range.

Note that if the bonus is tiered, you might need to make two or more deposits before you can claim your 400% reward. Case in point, again, is Mr Bet’s tiered 400% welcome bonus, where you need to meet the minimum deposit requirements for each of the five deposit bonuses.

Sometimes meeting the minimum deposit requirement is not all the casino asks for bonus activation. If you make the minimum qualifying deposit but fail to enter the designated bonus code, the bonus won’t be redeemed. If no bonus codes are required, the minimum deposit will automatically activate the offer.

Sometimes online casinos may not specify the minimum deposit amount, at which point you should reach out to the casino’s customer support team for the details.

Eligible Games

Casino games are closely tied to every welcome casino bonus, and only selected games contribute towards satisfying the bonus requirements.

The types of games that count toward the bonus requirements should always be listed clearly in the bonus description. If no games are specified, we suggest you contact customer services to see which games contribute to the bonus.

At some casino sites, only slot machines count toward the wagering requirements.

Table games can also contribute toward bonus requirement reduction, though, unlike slots, the wagers do not count 100%. Progressive jackpot games can also be played to satisfy the bonus requirements, though much more seldomly.

In many cases where the 400% bonus is offered as one whole bonus on the first deposit, only one slot game qualifies for the bonus.

For tiered bonuses, however, several different slot games can contribute to the bonus. Take Sloto Cash Casino as an example. The casino has a 400% bonus on the first two deposits, worth 200% each. The first deposit bonus applies only to IGT’s Cleopatra’s Gold, while the second deposit bonus can be used just on RealTime Gaming’s Wild Fire 7s slot.

Maximum Winnings

As we elaborated in the section dealing with bonus limits, new player offers are subject to maximum win caps.

Some casinos clearly state the maximum money players can win when playing for a certain bonus. In most instances, however, the maximum winning potential limit is not stated. Rather, it is indicated by the wagering limits.

By having your maximum bets limited (usually to no more than $5), you effectively have a limit on your maximum winnings.

Cashout Limits

Many casino bonuses have withdrawal caps. This is a limit to either the amount of bonus money you can withdraw or to the amount of winnings collected using free spins.

Minimum and maximum caps both apply to withdrawals. The minimum withdrawals range between $50 and $100 or $200, but the limit can alternate from one online casino to the next.

Withdrawal limits are often dependent on the type of payment method and the payment service used. MasterCard, Visa, digital wallets like Skrill and Neteller, bank transfer, or cryptocurrency like bitcoin.

Cashout limits can also be time-dependent. That means the casino can limit the amount of money you can withdraw daily, weekly, monthly, or annually.

The details about cashout limits should be stated in the casino’s ‘Payments’ or ‘Banking’ sections.

Expiry and Availability

Welcome bonuses expire after a certain period of being activated. The bonus expiration period is stated within the bonus terms.

If a welcome package provides both cash funds and free spins, both will likely have an expiry date.

The expiration period, on average, ranges between 7 and 30 days. That is the number of days you have to complete the wagering requirements.

FAQs on Match Bonus Offers

Can I win real money from a match bonus?

Yes. When you play through a match bonus, leftover wins (if any) from your wagers that have not gone toward reducing the bonus wagering requirements are yours to keep, on top of the bonus itself.

How many free spins do I get from a 400% casino bonus?

You can never tell how many free spins are available unless the casino explicitly states the number of spins that go with the bonus. Most often, 400% bonuses include anywhere between 50 and 100 bonus free spins. The number of spins that go with the match deposit bonus may very easily exceed 100 free spins and go up to 120, 150, and even 200 free spins.

How is a 400% match bonus better or worse than regular deposit bonuses?

A 400% bonus is usually bigger than any regular deposit bonus, which rarely exceeds 100% or 150% of the deposited amount. In this regard, a 400% bonus is ostensibly more valuable than a regular deposit bonus. However, the fact that the deposit amount is larger means more money must be wagered to meet the playthrough requirements.

Last Updated on November 17, 2021

Related Posts