Looking for the best sportsbook bonus? You’re in the right place. This guide covers the top signup bonuses from Canadian sportsbooks. Whether it’s cash matches or risk-free bets, here’s where to find the best deals to kick off your sports betting.
If you’re from an Ontario IP address you won’t see a bonus but a list of the betting sites. We’re not allowed to show you any bonus, due to regulations, but you’ll find offers at the sportsbook site by clicking on the “Visit Site” button.
- Wide range of betting options and casino games
- Generous bonuses and promotions for new customers
- Payment Methods: Gigadat, iDebit, Instadebit, Interac, Mastercard, Paysafecard, Visa
- Extensive game selection catering to diverse gaming preferences.
- Super Generous Welcome offer for Casino Players
- Payment Methods: ApplePay, Crypto, Interac, Mastercard, Neteller, Paysafecard, Skrill, Visa
- Wide selection of sports and casino games.
- Exciting welcome bonuses for casino players.
- Payment Methods: Astropay, Interac, Jeton, Mastercard, MuchBetter, Neteller, Skrill, Visa
- Fair Deposit Bonus T&Cs
- Fast Payouts
- Payment Methods: Astropay, Interac, Mastercard, MuchBetter, Paysafecard, Visa
- Generous welcome bonus package for new casino players
- Fast withdrawal processing times.
- Payment Methods: Crypto, Interac, Mastercard, MuchBetter, Neteller, Skrill, Visa
- Available for players in Ontario and rest of Canada.
- Quick Payout times
- Payment Methods: Crypto, iDebit, Instadebit, Interac, Jeton, Mastercard, PayPal, Paysafecard, Visa
- Extensive game selection
- Fast and secure payments
- Payment Methods: Interac, Mastercard, MuchBetter, Paysafecard, Visa
- Extensive selection of over 6,000 casino games.
- Supports main cryptocurrencies.
- Payment Methods: Astropay, Crypto, Interac, Jeton, Mastercard, Neteller, Paysafecard, Skrill, Visa
- Wide range of sports and games to bet on
- User-friendly mobile app for iOS and Android devices
- Payment Methods: Interac
Sportsbook Bonus: All you Need to Know
A sportsbook bonus is an offer from online betting sites to attract new users or reward existing ones. These bonuses include deposit matches, free bets, or no-deposit offers. They’re designed to encourage sign-ups, deposits, and betting activity. Some may require bonus codes to claim.
These bonuses give you extra funds or free bets to explore different betting options. They can help you get started or add value to your betting experience.
How to Claim a Sportsbook Bonus
Here’s how you can claim a sportsbook bonus in Canada:
- Register a New Account: Sign up as a new user with a valid payment method, ID, and email address.
- Create Your Account: Complete the registration process.
- Make a Deposit: Fund your account with the minimum amount required to unlock the bonus.
- Follow the Rules: Meet any additional requirements, like making a qualifying bet or providing identity verification if requested.
Important: Introductory offers are limited to one per person per sportsbook. You can’t claim the same bonus more than once.
Benefits of a Sportsbook Bonus
Sportsbook bonuses give you some great perks:
- More Funds: Bonuses add extra money to your account, so you can place more bets without risking too much of your own cash. Perfect if you’re new to betting.
- Less Risk: Risk-free bets or similar offers let you try betting without worrying about losing your money.
- Improved Odds: Some bonuses, like odds boosts, increase payouts for specific events, giving you more value.
- Extra Excitement: Bonuses make betting more fun by giving you more chances to win and explore different options.
Types of Sportsbook Bonus in Canada
Deposit Match Bonus
When you make your first deposit, the sportsbook matches it, usually as a percentage of the amount you deposit, up to a set limit.
For example, with a 100% deposit match up to $250, if you deposit $100, you’ll get an extra $100 in bonus bets, giving you $200 to start betting.
Free Bets
Free bets allow you to place a bet without using your own money. The sportsbook provides a set amount you can use to wager on a specific event or market.
For example, if you receive a $20 free bet, you can place a wager of up to $20. If you win, you’ll typically get the profit from the bet but not the original free bet amount.
Bet and Get Bonus
You place a bet, and they reward you—easy and straightforward.
For example, bet $10 on a game, and the sportsbook might give you $20 in free bets. It’s a simple way to try new bets and get more value for your money.
First Bet Insurance Bonus
A first bet insurance bonus gives you a safety net for your first bet. If your bet loses, the sportsbook refunds the amount (up to a set limit) as a bonus bet.
For example, if the offer is up to $50 and your $50 bet loses, you’ll get $50 in bonus bets to try again. It’s like getting a second chance without using your own money.
Parlay Insurance Bonus
A parlay insurance bonus gives you a backup if one leg of your parlay misses. The sportsbook refunds your bet, usually as bonus funds, up to a set amount.
For example, if the offer is up to $25 and you place a $25 parlay with five legs but lose one, you’ll get $25 in bonus bets to try again.
Boosted Odds
Boosted odds mean the sportsbook increases the payout for a specific bet, giving you better value.
For example, if a team’s odds are boosted from 2.50 to 3.00, a $100 bet would now return $300 instead of $250 if the team wins. These offers are usually time-limited and might come with conditions, like maximum bet limits.
Reload Bonus
A reload bonus gives you extra funds when you top up your account. The sportsbook adds a percentage of your deposit as a bonus, up to a limit.
For example, if the bonus is 50% up to $100 and you deposit $200, you’ll get $100 in bonus bets.
Refer-A-Friend Bonus
A refer-a-friend bonus rewards you for inviting friends to join a sportsbook. You’ll usually get a bonus bet or cash for every friend who signs up and deposits using your referral link.
For example, a sportsbook might offer $10 in bonus bets for each friend who deposits at least $20.
How to Choose a Good Sportsbook Bonus
Picking the right sportsbook bonus comes down to a few key points:
- Bonus Amount and Percentage: Look for bonuses that match your deposit with a decent percentage and a high maximum amount. For example, a 100% match up to $500 gives you double your deposit to bet with. Bigger isn’t always better, though—make sure the terms are reasonable.
- Fair Terms: Check the wagering requirements, minimum odds, and other conditions. Complicated or overly strict terms can make a big bonus less valuable.
- Expiration Date: Some bonuses expire quickly, like in 7 days, while others give you 30 days or more. A longer timeframe makes it easier to meet the requirements without rushing.
- Game Restrictions: Some bonuses only work on certain sports or bet types. Make sure the bonus fits your betting preferences.
What Sportsbooks give the Best Bonuses? – Best Betting Bonus
| Sportsbook | Bonus | Details |
|---|---|---|
| LVBet | 100% up to C$50 | Offers a smaller bonus, great for beginners. |
| Platincasino | 100% up to C$200 | A solid bonus with a good match amount. |
| Tonybet | 100% up to $350 | Larger bonus, available for both Ontario and Canada. |
| Betway Canada | 100% up to $200 | Offers a balanced bonus for sports and casino betting. |
| MrPlay | 100% up to C$200 | A good bonus with fair terms for Canadian players. |
| PowerPlay | 100% up to $500 | Strong bonus, great for players looking for higher rewards. |
| Casumo | 100% up to C$1000 | One of the largest bonuses, great for bigger deposits. |
| Mystake | 100% up to $500 | Offers a solid bonus, ideal for casual and serious bettors. |
| Lala Bet | Freebet GIFT up to 300 C$ + 75 FS | Unique bonus with freebet and free spins, good for exploring different betting types. |
LVBet (non-Ontario)
With LVBet, you get a 100% bonus up to C$50. This smaller bonus is perfect if you’re just starting out. It gives you a chance to explore the sportsbook or casino without risking too much of your own money.
Platincasino (non-Ontario)
Platincasino offers you a 100% bonus up to C$200. This gives you a nice boost to start betting. You get more flexibility with your first deposit, making it easier to dive into different betting markets.
Tonybet
When you sign up with Tonybet, you get a 100% bonus up to $350. This is a larger bonus, and it’s available for both Ontario and Canadian players. It gives you plenty of room to explore different betting options and make the most of your deposit.
Betway
At Betway, you can get a 100% bonus up to $300. This bonus works well for both sports and casino betting. It gives you a good balance, so you can enjoy betting across both markets without focusing too much on one.
MrPlay (non-Ontario)
MrPlay gives you a 100% bonus up to C$200. The bonus comes with fair terms for Canadian players. You get a solid boost to try out sportsm making it a great option if you want to test out different markets.
PowerPlay
With PowerPlay, you get a 100% bonus up to $500. This is a strong bonus, perfect if you’re looking to get a larger bankroll. You get the chance to explore more betting options.
Casumo
Casumo gives you a 100% bonus up to C$1000. If you’re ready to make a bigger deposit, this is a great bonus for you. You get more flexibility to explore sports and casino games, giving you plenty of room to test out different bets.
Mystake (Non-Ontario)
When you sign up with Mystake, you get a 100% bonus up to $500. This bonus works well for both casual and serious bettors. It gives you enough to explore various betting markets while keeping things manageable.
Understanding the Terms of Sport Signup Bonuses
Signup bonuses always come with rules. You might need to bet a certain amount or follow specific conditions to use the bonus. We’ll break down the common terms and conditions that you will find.
Wagering Requirements
Usually to cash out any winnings from a bonus you need to bet a certain amount first. It’s like a game where you need to score points before you can claim a prize. No wagering bonuses let you skip the extra steps and take home your winnings right away. If you win with bonus money you can take that money out immediately.
Minimum Deposit
To claim a welcome bonus, you’ll usually need to make a deposit, often between $10 and $20. If you deposit less than the necessary amount, you won’t qualify for the sportsbook bonus.
Check out our list of $10 minimum deposit sites where you can grab a bonus for as little as 10 dollars.
Minimum Odds
Sportsbooks often set minimum odds, like 1.50, to prevent you from only placing low-risk bets to meet the bonus requirements.
Promo Codes
Some sportsbook bonuses require promo codes to activate. These are short codes, like “BET1000” or “JOIN125”, and you’ll need to enter them during signup or deposit to claim the bonus. Each code is tied to a specific offer, so make sure you use the right one.
Most sportsbook bonuses in Canada don’t need promo codes. They’re applied automatically when you meet the requirements, like making a deposit or placing bets.
If a promo code is required, it’ll be listed with the offer. Double-check the details so you don’t miss out.
How Sportsbook Bonus Work for Specific Betting Markets
Some bonuses focus on certain sports or markets, from popular ones like football and basketball to niche options like eSports.
Betting on Mainstream Sports
Mainstream sports like football, basketball, hockey, and soccer are the focus of most sportsbooks. They offer the most betting options and often come with promotions like boosted odds or free bets during big events.
You’ll find plenty of markets, including moneylines, spreads, and props, plus more competitive odds thanks to their popularity.
If you’re new to betting, mainstream sports are a great place to start. They’re easy to follow, widely covered, and packed with promos that can add extra value.
Niche Markets
Niche markets cover less popular sports like darts, snooker, or handball. They don’t get as much attention, but if you know the sport, you can find some great opportunities.
Some sportsbooks offer promos for these markets, like cashback or boosted odds. Since fewer people bet on them, you might even spot better value in the odds.
Are there any Seasonal Promotions Bonuses?
Sportsbooks often run special promos during big events or holidays to make betting more exciting. For example, you might see contests with prizes like cash, bonus bets, or even vacation packages.
There are also free bets, usually $5 or $10, tied to the event, giving you more reasons to join the action. Boosted odds are another common offer, helping you get more value from your bets.
Big Events
Big events like the Super Bowl, World Cup, or March Madness bring out the best sportsbook promotions. You’ll find offers like free bets, boosted odds, and contests with prizes like cash or vacations.
These events also open up unique betting opportunities, from props on specific plays to special markets you won’t see during regular games. It’s the perfect time to maximize value and add excitement to your bets.
Holiday and Seasonal Offers
Sportsbooks offer special promos during holidays like Christmas or New Year. These might include free bets, cashback, or boosted odds.
You’ll also find contests or giveaways with prizes like bonus bets, cash, or gift cards. It’s a great way to get extra value and enjoy the season.
Loyalty Rewards and VIP
Sportsbooks reward loyal bettors with points for every bet. As you earn points, you unlock rewards like a dedicated account manager and exclusive offers such as:
- Points for every bet
- Compensation for losses
- Weekly bonuses for consistent betting
Also a VIP membership adds access to special contests and a personal account manager, and on the top you could get:
- Exclusive services and rewards
- Higher deposit matches
- Cash-back offers
- Faster withdrawals and higher limits
- Priority support and event invites
Tips to make a better use of your Sportsbook Bonus
- Betting with Bonus Money: Use bonus funds wisely to turn them into cash and don’t chase losses—stick to your plan. Also, check if there are minimum stake requirements, like a $100 daily bonus bet.
- Minimum Odds Requirements: Make sure your bets meet the minimum odds to use the bonus. Most sportsbooks require odds of 1.50 (decimal) or better to qualify.
Responsible Betting with Bonuses
Before you bet, set a budget. Only use money you’re okay losing and stick to games you know. Be aware of the risks, like ignoring your limits or betting more than you planned. If you notice these signs, it might be time to step back.
Set boundaries to bet responsibly. Decide when you’ll stop after hitting your target profit. Use a balance to manage your funds and stay within your budget.
Watch for signs of compulsive gambling. If you can’t stop betting or keep ignoring your limits, get help. Put safeguards in place to bet safely, even when using bonuses.
Get more tips for bankroll management here.
Frequently Asked Questions
All new customers who are legal adults (18 or 19 years old, depending on the province in Canada).
After signing up, you may need to enter a promo code during the registration process or make a qualifying deposit. Some sites automatically credit the bonus to your account, while others might require you to opt-in.
Wagering Requirements: The number of times you need to bet the bonus amount before withdrawing winnings.
Minimum Odds: The lowest odds at which bets count towards meeting wagering requirements.
Validity Period: How long you have before the bonus expires.
Eligible Markets: Some bonuses may only be used on specific sports or events.
First, double-check the terms and conditions to ensure you’ve met all requirements. If the issue persists, contact the betting site’s customer support for assistance. Be ready to provide details of your claim and any relevant communication or promotions you received.
Typically, no. Most bonuses come with wagering requirements that need to be met before you can withdraw the bonus amount or any winnings derived from it.
If you lose a bonus bet, the outcome depends on the type of bonus you’re using. With Bonus Money the bonus is forfeited, but you don’t lose your own funds. With Free Bets the free bet is removed, and you don’t lose your own money. If it’s a Risk-Free Bets: Some sportsbooks refund your stake as bonus funds or a free bet, depending on the terms.
