Deposit $5 & Get $40 Bonus on Online Casinos in Canada

Last Updated on | by Matt Devlin
deposit $5 get $40 bonus canada

Canadian players have a healthy selection of online casinos to choose from. Some of them often offer lucrative promotions that allow players to deposit $5 and get CAD$40 bonus. It’s an alluring deal that typically attracts lots of new users. Even those who aren’t specifically looking for CAD$40 bonus on a $5 deposit tend to sign up to make the most out of their initial deposit.

According to our research, no legal online casino in Canada can offer you a deposit $5 & get $40 bonus. But, don’t despair – online casinos rotate their bonus offers every few weeks. Even though you won’t find any $50 bonus for a $5 deposit right now, that’s bound to change. Keep track on this page while we chase CA brands for adding this promo!

List of Casinos with $5 Deposit Play with $40 Bonus Offers

Best Casinos with $40 Bonus for a $5 Deposit in Canada

As we mentioned earlier, there are no such promotions available at Canadian casinos right now. No worries, because we’ve prepared a list of casinos where you’re likely to find similar bonuses. In other words, if you’re looking to deposit $5 and get $40 bonus you should examine the following online casinos:

1

Captain Cooks Casino

Welcome

100 FS

On Progressive Slots

T&C Apply

New Customer Offer

CTA: 19+, Terms Apply, Please play responsibly, www.connexontario.ca

Captain Cooks Casino is the first on our list for a reason. It’s known for featuring welcome bonus deals with low deposit requirements, including deposit $5 and play with $40. Unfortunately, the current selection of welcome bonuses at Captain Cooks doesn’t have such a bonus.

  • 95.8% Payout Rate
  • Casino Rewards Group Member
  • Second Deposit Bonus Is 100%
  • 200x Wager On Free Spins Bonus
  • CAD$50 Min. Withdrawal

This casino offers a fair gambling platform (certified by eCogra), fast withdrawal times, and 24/7 live chat customer support. Our tests confirmed the quality of customer service – they got back to us within 2 minutes and solved our mad-up issue within 5. One last fact worth sharing – Captain Cooks offers more than 500 casino games to choose from.

2

Casumo Casino

Welcome

115 Spins

+ 100% Up To CAD$500

T&C Apply

New Customer Offer

CTA: 19+, Terms Apply, Please play responsibly, www.connexontario.ca

Casumo Casino is another brand known for its generosity. Not only does Casumo offer a wide selection of welcome deals, but it also has more than 4,300 games to choose from. At the moment, Casumo doesn’t feature a $40 bonus after a $5 deposit in Canada. But, knowing just how lucrative its bonuses get, we wouldn’t be surprised to see it appear.

  • 24/7 Customer Support
  • Great Live Section
  • 30x Wagering
  • Slow KYC
  • Complicated Loyalty Program

Furthermore, this brand has a 97.27% average payout percentage (AKA RTP – return to player). This puts it in the upper echelon of online casinos in Canada, which is a big plus in our books.

3

LeoVegas Casino

Welcome

100 FS

+ 100% Up To CAD$500

LeoVegas Casino is one of the most popular destinations for gamblers across the globe. It’s been around since 2012 and has a reputation for its user experience and lucrative bonuses. That said, it’s bound to feature up to CAD$40 deal for $5 deposit welcome bonus sometime soon. When? Unfortunately, we don’t know.

  • Up to $500 + 100 FS On 1st Deposit
  • Up to $250 + 50 FS On 2nd Deposit
  • Up to $250 + 50 FS On 3rd Deposit
  • CAD$75 Min. Withdrawal On Bank Transfer
  • No Video Poker
  • Limited Amount of Progressive Slots

What we do know is that LeoVegas offers unparalleled language support and customer service. It has a plethora of games too, including the latest hits from the likes of Novomatic, NetEnt, and Microgaming. The live casino section is superb too. In fact, the whole platform works like a Swiss clock, no matter which platform you’re using.

4

Wildz Casino

First Deposit Bonus

200 FS

+ CAD$1000 Match

Wildz Casino is a relatively new casino on the Canadian market. It dates back to 2019 but has no problems in terms of trustworthiness and reputation. That’s because it’s owned by Rootz Limited, a company that has several other high-ranking casinos under its umbrella. Right now, this platform doesn’t offer a get $40 on $5 deposit for Canadian players. But, if such a deal appears, we’ll update this page.

  • Good Loyalty Program
  • Fast Payout Procedure
  • 3000+ Games
  • CAD$20 Minimum Withdrawal
  • Limited Progressive Jackpot Slots

A lucrative welcome offer is not the only great thing about Wildz. This brand also boasts more than 3,000 casino games, a high average RTP percentage, and live chat customer support that works around the clock. What more could you want?

5

Ruby Fortune Casino

40 Free Spins

For Queen of Alexandria

Ruby Fortune Casino always has sweet deals for new players. They rotate different promotions quite frequently, which means a get $40 on a $5 deposit bonus might be just around the corner. Best of all, the dashing welcome deals are only a part of what makes Ruby Fortune such a popular option among Canadian gamblers.

  • 100% Up To CAD$750 On 3rd Deposit
  • Excellent Loyalty Program
  • 600+ Quality Casino Games
  • C$50 Min. Withdrawal
  • 200x Playthrough Rate

Other key characteristics of Ruby Fortune Casino include 450+ casino games (including Microgaming’s latest), excellent mobile support, and withdrawal processing that takes 1-2 business days. Plus, Ruby Fortune is one of the oldest casinos on the Canadian market, dating all the way back to 2000.

The casinos mentioned above are top priority when it comes to our personal gambling choices. However, if none of them is the right fit for you, there’s no need to force things, especially when we have several additional brands for you to check out! The following sites ought to feature $40 bonus for CAD$5 deposits in the future:

Ranking Criteria for Analysing $40 Bonus On $5 Deposits

When analysing online casinos in Canada with lucrative bonuses, we always rank them in several crucial areas using our reviewing system. As mentioned earlier, none of the Canadian platforms currently offer $40 for $5 min deposit, but that didn’t stop us from thoroughly analysing brands that typically feature such bonuses. We always put the casinos through a series of tests to assess their deposit requirements and withdrawal options, among many other things.

Check Deposit Requirements

In most cases, we first check the deposit requirements. Unfortunately, casinos with $5 deposit requirements aren’t that common. Typically, online casinos in Canada have $10 deposit requirements. It’s not that big of an issue for most people. However, those who are on a strict budget might find a tenner too high to begin with.

Check Casino Reputability

Even though it’s not the most important factor, reputation definitely plays a key role when ranking legit casino sites in Canada. Reputation gives us insight into the overall trustworthiness of the platform. When assessing this factor, we analyse the owning company, examine its businesses, and see if it has more casinos under its umbrella.

Provide Complete Overview of Bonuses

Another vital part of our reviews is casino bonus deals in Canada. We understand how important bonus offers are for new players, so we do our best to thoroughly analyse them. Not only do we research all available bonuses, but we also dive deep into their terms and conditions to provide our users with detailed insight.

Contact Customer Support

Other casino sites simply reiterate what casinos say about their customer support service. We, on the other hand, take our time to actually test the effectiveness and speed of all available customer support channels. We communicate with the support agents, provide made-up issues, and test their problem-solving skills. That’s what makes us stand out. That’s why our readers trust us.

Testing the Complete Payout Process

Not only do we thoroughly test the customer service, but we also do the same for the payout procedure. The main reviewer takes several weeks for an end.to end test of the whole website, including its payout processes. They don’t differ too much from one platform to another, but it’s still important to take them for a spin and assess the KYC procedure as well as withdrawal processing times.

Common Misconceptions About $40 Bonus Offers On $5 Deposits

Experienced players tend to avoid casino bonuses that give $40 on a CAD$5 deposit for a wide variety of reasons. However, most of these reasons are based on common misconceptions. They tend to think sites with such bonuses aren’t trustworthy and/or that it’s impossible to fulfil the wagering requirements and withdraw the funds later on. We’re here to shed some light on the most common misconceptions in the next few sections.

Legit Canadian Casinos Can Offer Such Deals

For some reason, experienced gamblers think that Canadian casinos can’t offer such deals because they’re used to playing on already well-established (read older) casinos. In reality, nothing is stopping Canadian casinos from featuring such bets. But, people have this misconception simply because casinos with $40 bonuses on $5 deposits tend to be brand new.

It’s Possible to Withdraw CAD$40 Right Away

Beginners, on the other hand, think they can withdraw the bonus funds right away. Needless to say, this is never the case. Players who claim bonus funds on their first deposit always have to wager them over a certain number of times. Typically, the lower the minimum deposit requirement is, the higher the wagering rate will be.

Playing with $40 on $5 Deposit Provides a Better Chance of Success

It’s hard to say whether or not this is actually true. On one end, CAD$40 in bonus funds shouldn’t be too tricky to wager through. However, the fact that the minimum deposit requirement is just $5 means the wagering requirements are likely to be 100x or even higher.

Alternative Bonuses for $5 Deposit Up To $50 and More

As mentioned several times already, you’ll have a difficult time finding casinos that feature 40 dollar bonus for a CAD$5 deposit. At the moment, we couldn’t find a single platform featuring such a deal. But, if you’re willing to drop the bar slightly lower, you might have a bit more luck. Here are several alternative offers that could provide exactly what you’re looking for:

Casinos That Offer $50 on $5 Deposit: FAQ

  • Where can I deposit CAD$5 and play with $40 in Canada?

    At the time of writing, there are no legit online casinos in Canada that offer such a bonus. You’re bound to find offers similar to $40 for a $5 deposit on unlicensed and unregulated platforms. However, we don’t recommend you use them because there’s no way you can know whether or not they’ll actually pay out your winnings.

  • Is it possible to deposit $5 and get $40 in bonus funds?

    Yes, it is possible. These welcome bonuses exist but are, unfortunately, quite uncommon. Online casinos that accept Canadian players aren’t known for offering such bonuses. They’re only available once or twice per year, for a month or so. It’s all about patience.

  • Can I withdraw a $30 bonus for $5 deposit from a casino?

    Yes, of course you can. But, not right away! First, you need to complete the bonus wagering requirements. There’s a catch, though – bonuses that require just a $5 deposit typically have massive wagering rates. We’re talking upward of 100x times. That means you have to wager the bonus amount ($50 in this case) a hundred times over to be able to request a payout.

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