Find the best sports betting bonuses in Canada
Betting is your hub for all your best sports picks. Start choosing your winners with these free betting bonuses. There are many top sports bookmakers in Canada who offer different types of betting bonuses to punters who use their online sites.
What is a betting bonus?
A betting bonus is any amount of money deposited into your betting account by the bookie to use to bet on different markets pending the fulfillment of some conditions.
Also, betting bonuses tend to come with terms and conditions which have to be fulfilled before they can be claimed.
Additionally, betting bonuses tend to come with some rules which have to be fulfilled before they can be claimed. For instance, the minimum betting bonus of a sports betting site is 55% of the initial deposit or after every winning. This means that the fifty-five percent would be added to your wallet, thereby making it higher than the initial earning.
However, betting bonuses are different in terms of the sites and the percentage offer. Similarly, the top sports betting sites now offer bet bonuses, in particular to new customers. The most common type of betting bonuses is the free bets and the deposit bonuses, which is also known as the welcome bonus.
What are the different betting bonuses I can get online?
The type of betting bonuses that are given depends on the bookie you decide to place bets with. If you are willing to play online sports betting, you need to be wary of the bookie's promotions, sports betting bonus and the free bet offers. Remember, there are different kinds of betting bonuses on offer, so take a look at the following guide to enlighten you on the type of bonus.
Free Bets No Deposit — This is quite an interesting betting bonus meant for new customers. The free bets no deposit implies that you are going to see an offer to place a free bet without deposit after signing up to any betting site. Also, be careful when using this offer as it is rare and comes with different rules attached to them.
Welcome Bonus — The welcome bonus is also referred to as the deposit bonus. The name 'welcome' accurately described its meaning as the bonus that will be available to you when you sign up as a new customer. Also, after making your first deposit, this bet bonus will be accessible on your betting account.
Double Odds Bonus — This type of bonus offer is available when you place your bet to win on double odds. Here, you will take advantage of the bet if you win, and you get paid twice the odds you place the bet.
Free Monthly Bonus — Some betting sites offer free bets at the end of a month. This bonus betting offer depends on your betting activities in the previous month, which may not require you to deposit before you are rewarded with such a betting bonus.
Invisible Cash Back Bonus — This type of bonus is given when the betting site discovers that your bet is losing. The bonuses are, however, not in physical cash but a free bet or percentage cashback bonus you get on the money you have wagered on a sporting event.
Comped Bonus Offer — The comped bonus is a special bonus offer given to regular and loyal customers of the betting site. This bonus may come your way on special occasions like Birthday celebration, Christmas, New Year, and many others, which does not require you to deposit before you are given.
How do welcome bonus work in Canada?
Just as said earlier, the rules governing a particular welcome bonus depends on the bookie. Most Canadian bookies require you to make an initial deposit into your betting account.
Then, it depends on the bookie to determine the type of welcome bonus they give to their new punters. It could be a percentage of your initial deposit (deposit bonus) and it could also be free bets worth the same amount as your initial deposit.
Some rules also govern the giving of welcome bonuses by bookies. Examples include:
- Using Paypal, Neteller, and Skrill automatically disqualifies you from claiming the bonus
- Bonus must be used to place bets within 14 days of registration.
Is it possible to start betting for free in Canada?
It depends on the type of betting. For sports betting, it is not allowed. Most bookies in Canada require an initial deposit of at least $10 (or currency equivalent) to start using their betting services.
However, casinos give some types of bonuses known as no deposit bonuses (explained thoroughly below) which allows you to use the free cash bonus to bet on games offered by the casino. This comes with its own terms and conditions though
What are the conditions and requirements to get a welcome bonus?
The terms and conditions surrounding welcome bonuses differ with each bookie. There are a lot of terms that are used which tend to obscure the simplicity of welcome bonuses. A few of the wagering requirements for some bookies are explained below:
- All bettors or players must be 18+ years old. This means that you must reach the required legal age to gamble before you get a welcome bonus from any online sports betting sites.
- The activated bonus amount must be wagered on a sporting event with minimum odds of about 1.50 per match. When this is done, your bonus will be unlocked for possible cash out.
- A player is expected to have one account at a time. Opening of different accounts with the same credentials may restrict you from getting the welcome bonus
- The free bet is only valid for fourteen days. Deposits made with Neteller, Skrill, Skrill 1-Tap, Paypal, and Paysafe are disqualified from the bonus
- You need to roll over the deposit and bonus before it can be withdrawn. Customers who place multiple bets to meet rollover requirements would have their wager increase as a penalty.
What is a no deposit bonus?
A no deposit bonus (also known as ‘free bets no deposit’ or ‘free cash bonus’) is usually offered by casinos to their new punters. It is usually given for the punters to sample the games offered by the casinos and get the hang of it before putting in their money.
The earnings made with a no deposit bonus can be withdrawn but it often comes with roll-over requirements.
How can I get a no deposit bonus?
This is a very simple task. All you need to do is to open a new account with any casino that offers a no deposit bonus to new punters and this will definitely guarantee you a no deposit bonus.
What are the best payment options to bet online?
The best online bookmakers accept almost all kinds of payment options that you might want to use. However, only a few of these payment gateways will qualify you for the welcome bonuses most websites offer.
In addition, to provide a wide player base, the best online bookmakers offer a series of payment options, which include; MasterCard, Pay Pal, Visa, Euteller, Skrill, Neteller, Google Pay, ecoPayz, and many more. This allows you to access payment options and enjoy the bonus betting offers.
Therefore, to deposit in your account quickly and still qualify for bonuses, the best options are debit/credit cards and bank transfers.
Is it legal to bet online in Canada?
Sports betting is popular in the world, and Canadian sports betting is not an exception. However, some countries termed betting as illegal because of their native reservations or violation of certain rules.
In Canada, sports betting is legal, and Canadians enjoy different kinds of betting bonuses and sports betting, including basketball, soccer, horse racing, ice hockey, and many others.
More so, Canadian gambling laws date back to 1982, and since then, the country has legalized sports betting following certain rules and regulations. As of today, different online sports bookie in Canada and anyone above the required age can bet without disturbance.