Latest Betting Offers and Promotions
William Hill Sports Betting Bonus
Up to $250 in Free Bets
New customers at William Hill can claim up to $250 in free bets when they create an account and use the bonus code CAN250. To activate the first part of the sign up offer, a bet of $20 or more must be placed at odds of at least 1.50. Twelve further bets with the same minimum odds and a minimum stake of $25 each will reveal the remainder of the bonus.
Sports Interaction Sports Betting Bonus
100% up to $125
Sports Interaction has one of the best betting offers in Canada. New players at this online bookmaker can claim a 100% bonus up to $125, which will be credited automatically after an initial deposit of at least $20.
Bet365 Sports Betting Bonus
100% up to $200 in Bet Credits
Not only is Bet365 one of the best online bookmakers, they also provide a welcome bonus which is among the top betting offers in Canada. After you wager your initial deposit, Bet365 will give you up to $200 in bet credits matching the total of your deposit.
Why Use Sign Up Offers?
A great reason to sign up to betting sites in Canada is to utilise the free bets or welcome bonuses available when you register as a new customer.
If two betting sites have the same sports on their website, mostly the same odds on display, and are similar with regards to other factors like live betting, a wide range of markets, and compatibility with your devices, then it may be most beneficial to choose the one with the best welcome offer, as this can be the best way to get your account off the ground.
Let’s look at an example of how you would claim free bets as a welcome offer.
A bookmaker states that if you join them and wager $20, you will receive two free bets worth $10 each.
You go through the sign-up process on the sportsbook’s website and select the aforementioned betting offer. You then make the $20 deposit and place a $20 bet on the Oakland Raiders to beat the Kansas City Chiefs in the NFL, at odds of 3.50 (+250).
Regardless of whether or not you win the initial bet, two $10 bets show up in your wallet on the sportsbook after the Raiders-Chiefs bet is settled.
You place one $10 bet on Netherlands to beat Germany in soccer, at odds of 2.25 (+125), and you put the other $10 on Milos Raonic to beat Novak Djokovic in tennis, at odds of 5.00 (+400).
Netherlands lose to Germany, but Raonic gets the victory over Djokovic. With your $10 stake at odds of +400, you scoop a $40 profit. The original $10 stake is retained by the bookmaker, as per standard free bet terms.
Betting Offers: An Overview
There are plenty of ways in which bookmakers allow customers to claim a bonus or place free bets.
Whilst each betting bonus may be worded in its own way and will carry slightly different implications, similarities can be drawn between each of them and ultimately they are all very rewarding for you as the customer.
Types of Betting Offers
- First Deposit Welcome Bonus
More often than not, you will be required to deposit funds into your new betting account before receiving any free bets. Many bookmakers will offer a bonus when you fund your account, which is often 100% of the value of your deposit. There will be a limit on the bonus funds, which is usually no more than $300. So, for example, you deposit $150, and the bookie gives you another $150. Look out for wagering requirements on the free $150.
Recommened Deposit Bonus
22Bet Sports Betting Bonus
100% up to $300
22Bet offer new Canadian players a 100% bonus up to $300 to be used on sports betting. No bonus code is required, and the funds will be credited immediately after you make your first deposit on the sportsbook.
- No Deposit Bonus
This is the least common, but on paper the most appealing type of welcome offer. You do not have to make a deposit with your own money - instead, the bookmaker funds your account with bonus money or a free bet as soon as you sign up. No deposit free bets are generally of low value, and if the bet wins, there are usually heavy wagering requirements before you are able to withdraw the profit as cash.
- Matched First Wager
Very similar to the first deposit bonus, but in this instance, you actually have to wager the deposit in order to qualify for the bonus. There are usually minimum odds for qualifying bets, and in many cases, the bets must be settled before the bonus is credited.
Recommended Betting Offer
888sport Sports Betting Bonus
100% up to $200
Canadians who sign up to 888sport can benefit from a terrific betting offer. The 100% bonus with the first wager is worth up to $200, depending on how much you deposit. Users just need to make and fund an account, then place a bet in order to receive this sign up offer.
- Risk-free Bet
This common betting bonus can be offered to existing customers as well as new ones, especially around big events. Stakes are usually limited to a smaller amount, and will often only be available on selected markets. The basic premise of it is that when you place your bet which you have funded yourself, you either win the bet, or you lose and your initial stake is returned to you by the bookmaker. The refunded stake would likely have to be wagered multiple times before it becomes withdrawable.
Standard free bet winnings usually have easier wagering requirements, if any at all.
- Free Bet Series
With this type of promotion, instead of receiving a matched first wager which you can spend on one free bet, the bonus funds are divided into smaller individual free bets. For example, you wager $20, and instead of being credited with another $20 bet, you are given 2 x $10 bets to use. In some cases, the value of the series of free bets may exceed your initial wager.
Recommended Free Bets
Mr Green Sports Betting Bonus
Bet $20 get 2 x $10 Free Bets
Mr Green offer one of the more straightforward and useful betting offers, which allows new customers to claim two free $10 bets. Simply deposit a minimum of $20 and wager on any market with odds of 1.80+. After the bet is settled, you will be credited with the free bet bonus.
- Enhanced Winnings
In this instance, as a new customer, you will be offered particularly high odds for an event. If the standard odds are +200, you might be offered odds of +3000 if you sign up. If the bet wins, you will usually receive the normal +200 winnings in cash and the remaining money in free bets. There may be a maximum stake for this to limit the free bets. Check the T&Cs for wagering requirements.
How To Find the Best Betting Offers
So many betting offers can seem very enticing at first glance, and the fact is, they generally are very worthwhile and our community at MyBettingSites.com have enjoyed many offers from sportsbooks over the years.
But of course, you don’t want an account with every betting site in Canada, so you need to choose wisely and give some thought towards which welcome bonuses and free bets are best for you.
The difference may indeed be in the smallprint, or it could be a simple case of who offers the biggest bonus.
🔄 Wagering Requirements
Often, people don’t even realise that there are wagering requirements attached to bonus offers and free bets and end up disappointed when they can’t make a cash withdrawal instantly. In most cases, winnings from free bets carry less strenuous requirements than a straight-up matched deposit bonus, so you will be able to access that money and treat it as cash quicker. The terms and conditions of each promotion will make it clear how many times any bonus money must be rolled over. Some betting offers have no wagering requirements at all - hallelujah!
💰 Value of the Free Bets
Your eyes might naturally be drawn to the betting offers with the biggest numbers involved, and rightly so - we’re very much in the same boat! After all, everyone is looking to win as much money as possible when it comes to sports betting. However, higher bonuses often mean more wagering requirements. Try to find the right balance between a worthwhile size of the free bet, and a wagering requirement that you are happy with.
🔢 Minimum Odds
The implementation of minimum odds restrictions exists for a number of reasons and can be applied to various parts of the process. Bookmakers will often use this as a way to stop people from exploiting loopholes in wagering requirements. For example, if winnings must be wagered 10 times, in theory, you could just place 10 bets on almost guaranteed events, and easily fulfil the requirements. Minimum odds may not always apply to winnings - it can also be for qualifying bets or already credited free bets. Make sure you know exactly where you stand with this by reading the T&Cs.
📅 Expiry Date
It is advisable that you use your free bets or meet your wagering requirements as soon as possible after claiming a free bet offer. Some betting sites will set a validity period in which you must use a free bet you have been credited with or turn your free bet winnings into withdrawable cash by meeting wagering requirements. This period can often be somewhere around 7-30 days.
⛔ Exempt Markets
Also among the conditions of some free bets is the exclusion of a number of events or markets. For example, you may not be able to use your bonuses on parlays. Some promos are specifically tailored to certain sports or events, in which case lots of markets on the betting site would be exempt.
Betting sites in Canada do not only have betting offers and free bets for sportsbooks - they will also offer casino bonuses and free spins.
Just like with sports betting offers, there are various different types of online casino welcome bonuses, ranging from a no deposit bonus to a matched first deposit.
The no deposit bonus is, of course, the most popular type of sign up offer for casino games, as in these instances the online casino site rewards you for simply registering an account with them.
Some online casino sites in Canada offer welcome packages which include multiple percentage match bonuses on deposits.
They could credit you with a casino bonus on each of your first five deposits, for example.
Wagering requirements are attached to all online casino bonus offers.
Recommended Casino Bonus
Guts Casino Bonus
200% up to $100
Guts offer their new customers a huge casino bonus of 200% up to $100, plus 100 free spins. The minimum deposit required for this welcome offer is $10, after which the bonus is automatically credited and the free spins can be claimed from the rewards section of the online casino site.
Turning a Sports Betting Bonus Into Cash
Whilst deposit bonuses are great, and they can help build up the funds in your betting account, what’s the point in them if they can’t ultimately turn into cash?
The ease with which you can transform your bonus funds or free bets into real cash depends largely on the wagering requirements and minimum odds set out in the terms and conditions.
If the restrictions are minimal, which is usually the case with smaller bonuses and free bets, then you will be able to yield a profit pretty quickly if you are wise with your bets.
It is important to manage expectations, though, as of course there is no guarantee you will win any bet.
When wagering your deposit bonus or free bet winnings, there is a chance you could lose your funds - especially if you are too adventurous with your bet selections.
Let’s say you receive a 100% deposit bonus, and you have to wager this bonus six times before it becomes withdrawable as cash. One of the most efficient ways to build that up into real money would be as such:
100% Deposit Bonus with a wagering requirement of 6x → $10 deposited, the bookie gives you another $10 ✅
- Wager 1 → $10 stake, odds of -200. The bet wins, you collect $15 ✅
- Wager 2 → $15 stake, odds of -200. The bet wins, you collect $22.50 ✅
- Wager 3 → $22.50 stake, odds of -200. The bet wins, you collect $33.75 ✅
- Wager 4 → $33.75 stake, odds of -200. The bet wins, you collect $50.62 ✅
- Wager 5 → $50.62 stake, odds of -200. The bet wins, you collect $75.93 ✅
- Wager 6 → $75.93 stake, odds of -200. The bet wins, you collect $113.89 ✅
You may now withdraw the $113.89, as you have met all of the requirements as per this example betting offer and it is now part of your main cash balance. You also still have the original $10 that you deposited.
There are other ways that wager requirements are implemented by sportsbooks, and in each case, there would be other suitable methods of going about turning the funds into cash.
When betting offers are for free bets rather than a deposit bonus, winnings are more often instantly paid out as real money that can be withdrawn.
As long as you can make sense of what you must do in order to claim the funds, you can figure out how to approach it.
What is a betting bonus code?
Every bookmaker will offer a bonus to new customers when they sign up, whether that is in the form of free bets, no deposit bonus, 100% matched first deposit, or various other types of betting offers.
Some betting offers require a bonus code to be entered into a field during the sign up or deposit process with a bookmaker in order to activate the bonus.
This is, however, becoming more rare, as most betting offers and welcome bonuses are claimed automatically without a bonus code.
In some cases, bookmakers in Canada may send players a promo code in an attempt to re-engage them, and this could reveal free bets or a reload bonus to be used on sportsbooks or casino sites.
Betting Bonus Code
NetBet Sports Betting Bonus Code
50% up to $50
New Canadian customers at NetBet are entitled to a 50% bonus up to $50 when they use the bonus code WELCOME50 during registration. This betting offer is activated once the first deposit has been made.
Sign Up Offer Terms and Conditions
As we have stressed multiple times on this page, you MUST read the terms and conditions of each promo offer involving welcome bonuses and free bets on betting sites.
We think that the betting offers we display are worth a look, and many of our readers like to take advantage of them. But don’t go into something expecting more than you are going to get.
The more you read through various betting offers and the terms and conditions attached to them, the better your understanding will be. We have simplified everything for you, but it’s still worth clicking through to a couple of the betting sites themselves and familiarising yourself with the things you need to be aware of.
When reading through the requirements of each sign up offer, make a note of the key points and check them off once you’ve done them. Then, you can reap the rewards!