Betting Offers

Best Sports Betting Sign Up Bonuses in Canada

Claim the latest betting bonuses in Canada! Find the top sportsbook bonuses, sign up promos, deposit bonuses, free bets & more!
All Betting Sites Found On This Page Are Licensed & Safe To Use
All Betting Sites Found On This Page Are Licensed & Safe To Use
All Terms and Conditions Explained In Detail
All Terms and Conditions Explained In Detail
Tips and Insights Included
Tips and Insights Included
Benjamin Van Huffel Profile Image
Betting Site Expert
Fact checked by Lewis Parker
Editor-In-Chief
Last Updated Dec. 22, 2025
19+ | Gambling can be addictive. Please play responsibly.
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List of the Best Betting Bonuses in Canada
bonusTextMin. DepositTurnoverExpiration
#1
100% Deposit Match up to $300
Min. Deposit
$10
Turnover
10x
Expiration
30 days
#2
Our Pick for Odds and Lines
Min. Deposit
N/A
Turnover
N/A
Expiration
No expiration
Bet365 operates pursuant to an agreement with iGaming Ontario.
#3
100% Deposit Match up to $200
Min. Deposit
$10
Turnover
3x
Expiration
90 days
#4
100% Deposit Match up to $350
Min. Deposit
$15
Turnover
7x
Expiration
14 days
#5
$400 Safety Net + Access Live NFL Streaming
Min. Deposit
$10
Turnover
N/A
Expiration
7 days
#6
Bet $25, Get $50
in Bonus Bets
Min. Deposit
$25
Turnover
1x
Expiration
7 days
19+. T&C Apply. Play Responsibly. Offers not available in Ontario. Must opt in via the “My Offers” page within 7 days of registration. The minimum qualifying stake is $25, on any sporting event, with combined odds of at least 1.8. You have 24 hours after making your deposit to place the bet, which must settle within 7 days.
#7
Our Pick for Pro Bettors
Min. Deposit
N/A
Turnover
N/A
Expiration
No expiration
#8
$400 Welcome Package
Min. Deposit
$10
Turnover
10x
Expiration
100 days
#9
100% Deposit Match up to $300
Min. Deposit
$1
Turnover
5x
Expiration
30 days
Bonus must be wagered 5x with parlay bets containing three selections. Each leg must have odds of 1.40 or more. Complete wagering within 7 days. T&Cs apply.
#10
Deposit Match Welcome Package up to $4,000
Min. Deposit
$5
Turnover
10x
Expiration
7 days
#11
First Bet Match up to $250
+ 100 Bonus Spins
Min. Deposit
N/A
Turnover
1x
Expiration
7 days
#12
125% Deposit Match up to $250
Min. Deposit
$10
Turnover
6x
Expiration
60 days
New customers only. Min $10 deposit. Min $10 qualifying wager. Max $250 CAD bonus. Rollover is 1x deposit + bonus. Only wagers made in the sportsbook or live betting count towards wagering requirements. Sports Interaction Terms and Conditions apply.
#13
First Bet Encore up to $800
Min. Deposit
$20
Turnover
5x
Expiration
30 days
#14
100% Deposit Match up to $500
Min. Deposit
$10
Turnover
20x
Expiration
30 days
#15
100% Deposit Match up to $200
Min. Deposit
$2
Turnover
5x
Expiration
30 days
#16
100% Deposit Match up to $500
Min. Deposit
$10
Turnover
6x
Expiration
60 days
#17
100% Deposit Match up to $150
Min. Deposit
$30
Turnover
6x
Expiration
30 days
#18
100% Deposit Match up to $150
Min. Deposit
$30
Turnover
6x
Expiration
30 days
#19
100% Deposit Match up to $500
Min. Deposit
$10
Turnover
20x
Expiration
30 days
#20
100% Deposit Match up to $200
Min. Deposit
$20
Turnover
6x
Expiration
30 days
#21
200% Deposit Match up to $200
Min. Deposit
$10
Turnover
6x
Expiration
30 days
#22
100% up to $1000
+200 Free Spins on Moon Princess
Min. Deposit
$10
Turnover
20x
Expiration
7 days
19+. T&C Apply. Please play Responsibly. Offers not available in Ontario.
#23
200% Deposit Match up to $250
Min. Deposit
$13
Turnover
20x
Expiration
14 days
Bet99 x MBS CA Odd Boost Promo header 3

Bet99 x MyBettingSites NBA Odds Boost

MyBettingSites has partnered with Bet99 to deliver a weekly NBA odds boost every Saturday night. Each week, our betting experts put together a carefully researched Same Game Parlay (SGP), which Bet99 then boosts to offer bettors added value on some of the biggest NBA matchups of the weekend.

Bet99 is well-suited for this type of promotion, offering a wide range of NBA betting markets, strong live-betting coverage, and a smooth betting experience for Canadian players. 

Check back each week throughout the NBA season for a new Bet99 NBA Odds Boost, complete with expert insight and a fresh SGP designed to deliver extra value.

Top Sportsbook Bonuses in Canada

Best Deposit Match Offer - Bwin

100% Deposit Match Up To $200

Bwin’s bonus tops the list thanks to its incredibly low turnover requirement. Deposit match bonuses can be less accessible for budget conscious bettors, due to high turnover requirements making the bonus amount harder to access for withdrawal. With Bwin, bettors can access the bonus with a low entry point of just $10, an achievable turnover, and 90 days to see it through. 

Bwin also features frequent promotions for existing users, alongside daily odds boosts on select SGPs. 

💰 Total Bonus Amount: $200

💵 Minimum Deposit: $10

🔐 Turnover: 3x

💯 Minimum Odds: 1.70 (-143)

Expiration Time: 90 Days

Bwin Showcase 3

Best Free Bet Offer - LeoVegas

Bet $25, Get $50 In Free Bets

The LeoVegas free bet bonus is our top pick as it offers the highest free bet amount in Canada with a $50 total value. With the bonus taking form as two separate free bets, bettors who unlock this welcome offer will essentially get two additional free attempts to place a wager, matching the stake of their first bet on the platform. With how rare free bet welcome offers are in Canada, this is by far the best option.

LeoVegas also provides weekly promotions for existing users, especially for those interested in soccer betting.

💰 Total Bonus Amount: $50

💵 Minimum Deposit: $25

🔐 Minimum Bet: 25

💯 Minimum Odds: 1.80 (-125)

Expiration Time: 1 Day

Leo Vegas Showcase

Best First Bet Insurance - BetVictor

Recover Up To $400 On Your First Wager

BetVictor provides the best insurance in Canada, giving bettors a second chance up to $400 on their first wager. We liked BetVictors first bet insurance offer the most as it covers the highest value, has no set minimum bet amount, and gives bettors up to a full week to use their recouped stake. It's a great way to retain value on high-stake wagers, especially for sought after matchup or championship games!

Betvictor also provides some of the best existing user promotions, especially for those who frequently bet on the NHL.

💰 Total Bonus Amount: $400

💵 Minimum Deposit: $10

🔐 Minimum Bet: None

💯 Minimum Odds: 2.00 (+100)

Expiration Time: 7 Days

Bet Victor Showcase
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Deposit Match Bonuses - Ranked & Reviewed

Deposit bonuses are the most popular betting offers in Canada. They reward new users by matching the first deposit by a set percentage, providing a larger bankroll to play with when testing out a new sportsbook.

Some betting sites may require you to meet wagering requirements before they release the bonus amount for withdrawal. Bettors may also have their initial deposit locked until these requirements are met. We make sure to detail these terms in our reviews below.

Below, you can navigate to our bonus breakdowns for each bookmaker appearing in the list.

All Deposit Match Bonuses

  1. Bwin - 100% up to $200
  2. Betway - 100% up to $300
  3. Coolbet - 200% up to $200
  4. 22bet - 100% up to $300
  5. Tonybet - 100% up to $1000
  6. Sports Interaction - 125% up to $250
  7. 1xbet - 100% up to $200
  8. GGbet - 200% up to $250
  9. Parimatch - 100% up to $500
  10. ComeOn! - 100% up to $200
  11. RTbet - 100% up to $150
  12. Rabona - 100% up to $150
  13. 888sport - 100% up to $250
  14. Powerplay - 100% up to $500
  15. NEO.bet - 100% up to $200
  16. BetRegal - 100% up to $300
  17. Shangri La - 100% up to $250
  18. Mr. Play - 100% up to $200
  19. NetBet - 50% up to $50
  20. Royal Panda - 100% up to $1000
Bwin square

Bwin Deposit Match Bonus

100% Deposit Match up to $200

🔐 Wagering Requirements: 3x

💯 Minimum Odds: 1.70 (-143)

⏰ Validity Period: 90 Days

💵 Minimum Deposit: $10

How Bwin’s Bonus Offer Works

New users can access Bwin's bonus by depositing a minimum of $10 after creating an account and opting into the welcome offer. The max deposit that will be matched for this bonus is $200. The bonus, in addition to the deposited amount, will need to be wagered three times over, on odds of 1.70 (-143) or greater, in order to access the bonus funds for withdrawal. Unlike other deposit match bonuses, Bwin does not restrict the deposit for withdrawal while working through the turnover.

We like Bwin’s welcome offer for its low 3x turnover requirement and the absence of withdrawal restrictions on the deposited funds. The rollover (on the sum of deposit + bonus) is reasonable and achievable across a wide range of betting styles, with no cap on potential winnings. For players opting to deposit the full $200 match, meeting the $1,200 total stake requirement can feel like a fair path to unlocking solid value.

Betway Square

Betway Deposit Match Bonus

100% Deposit Match up to $300

🔐 Wagering Requirements: 10x

💯 Minimum Odds: 1.75 (-133)

⏰ Validity Period: 7 days

💵 Minimum Deposit: $10

How Betway’s Bonus Offer Works

Betway's offer lets you secure a 100% match to your initial deposit, up to $300. Meaning the max deposit that will be matched is $150. Depending on the initial deposit amount, new users will have to bet 10 times that amount in order to withdraw the matched bonus. To make this a little more clear, should you deposit the max bonus amount of $150, you would need to wager a total of $1,500 in order to withdraw Betway's $150 match.

The 10x wagering requirement is reachable for most bettors, especially compared to other deposit bonuses like Stake requiring a wagering requirement of 40x. Regardless of your intention to reach the requirement, having $150 to place bets at no cost to you is a great way to start experiencing what Betway's sportbook has to offer.

Coolbet square

Coolbet Deposit Match Bonus

200% Deposit Match up to $200

💰 Promo Code: CAD200

🔐 Wagering Requirements: 6x

💯 Minimum Odds: 1.50

⏰ Validity Period: 60 days

💵 Minimum Deposit: $10

👉 Bonus Code: CAD200

How Coolbet’s Bonus Offer Works

New users are eligible to have their first deposit doubled by Coolbet, if they deposit a minimum of $10. If any user has created an account with Coolbet in the past, they will not be eligible to get this bonus again.

In order to render this bonus withdrawable, players would need to wager the bonus amount 6 times on odds of 1.5 (-200). The deposit amount does not need to meet any wagering requirements, and will be locked once the bonus is received. It is only the bonus amount that needs to be played through if you want to unlock the bonus amount. 

22Bet Square

22Bet Deposit Match Bonus

100% Deposit Match up to $300

🔐 Wagering Requirements: 5x 3-way parlays

💯 Minimum Odds: 1.4 (-250)

⏰ Validity Period: 7 days

💵 Minimum Deposit: $2

How 22Bet's Bonus Offer Works

Similar to Betway’s deposit bonus, 22bet’s offer revolves around the use of different bonus accounts (or bonus wallets). As soon as a new user makes their initial deposit they will receive 100% of that amount into their specific bonus account (either sports or casino, an option you can choose when you sign up).

To render the bonus withdrawable, users need to play through the bonus with 5 separate accumulator bets with selections of at least three selections. At least three of these selections must have odds of 1.4 or higher. Once the amount you have deposited has been wagered, the bonus funds will be transferred to the cash balance, that your deposited amount was sitting in, which will also mean that it is withdrawable. 

Bonus must be wagered 5x with parlay bets containing three selections. Each leg must have odds of 1.40 or more. Complete wagering within 7 days. T&Cs apply.
Tonybet square

TonyBet Deposit Match bonus

100% Deposit Match up to $350

🔐 Wagering Requirements: 5x

💯 Minimum Odds: 1.5 (-200)

⏰ Validity Period: 14 days

💵 Minimum Deposit: $15

How Tonybet’s Bonus Offer Works

Tonybet offers up a deposit bonus that is saddled with a couple of conditions that need to be met if new players want to claim it. The bonus is rewarded in the form of free bets, and not quite in the form of withdrawable cash. Users can use the free bet amount they won on parlay bets, and withdraw the winnings they get from said bets.

New Tonybet users need to wager the full deposit amount 5 times in order to unlock the 100% of the deposited amount. They must wager this amount on odds of 1.7 or more.

While this bonus may look quite attractive from the offset, there are a number of conditions that make it significantly less valuable than others further up this list. The fact that users will be rewarded with free bets that need to meet very difficult conditions to make them withdrawable was a bit of an issue for us.

Sports interaction newnew logo square

Sports Interaction Deposit Match Bonus

125% Deposit Match up to $250

🔐 Wagering Requirements: 6x

💯 Minimum Odds: 1.5 (-200)

⏰ Validity Period: 30 days

💵 Minimum Deposit: $10

How Sports Interaction’s Bonus Offer Works

Sports Interaction's sign-up bonus is giving new users the ability to claim a deposit match up to $250. New players need to make a deposit, and play through that deposit of 1.5 in order to unlock 125% of that initial deposit (up to $250) in bet credits.

Players have 30 days in order to meet the wagering requirements, and once they have received the bet credits, they will be eligible for sports bets with odds of 1.5. Bet credit winnings are paid out in cash, but the bet credits themselves are not withdrawable, which kind of lowers the value of this offer. 
 

If you're looking for more in a sportsbook than just the bonus, then we can recommend SIA for horse racing bets, especially during the Kentucky Derby. The sportsbook releases odds early, which is perfect for those of you that like betting on this event.

New customers only. Min $10 deposit. Min $10 qualifying wager. Max $250 CAD bonus. Rollover is 1x deposit + bonus. Only wagers made in the sportsbook or live betting count towards wagering requirements. Sports Interaction Terms and Conditions apply.
1xbet square

1xbet Deposit Match Bonus

100% Deposit Match up to $200

🔐 Wagering Requirements: 5x (in accumulator bets)

💯 Minimum Odds: 1.40 (-250)

⏰ Validity Period: 30 days

💵 Minimum Deposit: $2
 

How 1xbet’s Bonus Offer Works

New users to 1xbet get a fairly standard deposit bonus when they sign up for the first time. Upon creating an account and making a deposit, users can claim 100% of their first deposit up to $200. As far as bonuses go, this isn’t the most generous we’ve seen, and it comes with a couple of conditions that we found to be a little less than impressive, which we’ll get into in the next paragraph. The thing we did like to see with this bonus was the fact that users could deposit as little as $2.

What we weren’t big fans of when it came to 1xbet’s bonus, was the fact that users couldn’t wager their bonus like they could on other bonuses that are available in Canada. With 1xbet, you need to complete your wagering requirements on accumulator bets, which are bets that are exceptionally difficult to win. In order to get your bonus withdrawable, you’d need to place 5 different accumulator bets, each with at least three selections, at combined odds of 1.40 (-250).

All in all, for a bonus that doesn’t really provide much value, we think that you’re better off with either Betway, or LeoVegas

Ggbet logo square

GGbet Deposit Match Bonus

200% Deposit Match up to $250

🔐 Wagering Requirements: 12x

💯 Minimum Odds: 1.7 (-143)

⏰ Validity Period: 14 days

💵 Minimum Deposit: $15

How GGbet's Bonus Offer Works

GGbet offers the opportunity to receive a deposit match + free bets on your first five deposits made within 14 days of creating your account. The deposit match is dependent on which deposit minimum you feel most comfortable with. We really like this sign-up bonus, as it accounts for a wide range of budgets. These bonuses cannot be directly withdrawn from your account, any winnings earned by using the bonuses can once users meet the terms and conditions. In order to withdraw winnings from bonuses, bettors will need to wager the total amount of the bonus 12 times before it can be withdrawn on odds of 1.7 or greater.

Parimatch logo square

Parimatch Deposit Match Bonus

100% Deposit Match up to $500

🔐 Wagering requirements: 20x

💯 Minimum Odds: 1.5 (-200)

⏰ Validity Period: 30 days

💵 Minimum Deposit: $10

How Parimatch's Bonus Offer Works

New users that have created a Parimatch account for the first are eligible to claim up to $500 in bonus funds from Parimatch. New users need to make a deposit of at least $10 within the first 7 days of being a Parimatch account holder, to claim the bonus funds.

The tricky aspect with this bonus is the wagering requirements. Parimatch require you to bet the bonus amount (the 100% up to $500 that they've credited you) a whopping twenty times in order to get the bonus funds withdrawable. As far as wagering requirements go, these are some of the toughest. The upside is that you only need to bet on -200 odds, which means the bets you're required to place are winnable.

Comeon square logo

Comeon Deposit Match Bonus

100% Deposit Match up to $200

🔐 Wagering Requirements: No requirements

💯 Minimum Odds: 1.80

⏰ Validity Period: 7 days

💵 Minimum Deposit: $20

How ComeOn’s Bonus Offer Works

New Comeon players are granted a solid free bet offer, with free bets that are really easy to unlock. Once you’ve created an account, and made a deposit with this bookmaker, you will need to make a $25 bet on an event that has been given odds of 1.8 (-125). That’s all it takes to unlock four $25 free bets, which added together are where you find the $100 that Comeon mentions.

The catch with this offer is that it expires after 7 days, so once you’ve unlocked your free bets, you’ll need to use them quickly. The other catch is that the free bets themselves are not withdrawable, but the money you win with them, will be withdrawable.

R Tbet logo square

RTbet Deposit Match Bonus

100% Deposit Match up to $150

🔐 Wagering Requirements: 6x

💯 Minimum Odds: 1.50 (-200)

⏰ Validity Period: 30 days

💵 Minimum Deposit: $30

How RTbet’s Bonus Offer Works

RTbet’s sign-up bonus is available exclusively to new users. The offer matches your initial deposit 100% up to $150. To qualify, bettors must place a $30 wager at minimum odds of 1.50. To withdraw the bonus, you'll need to wager the bonus amount six times on bets with minimum odds of 2.00 for singles and 1.50 for multi-bets. Note that deposits made via Neteller or Skrill are not eligible for this promotion.

While the $30 minimum qualifying bet is slightly higher than what some other sportsbooks require, the 6x rollover is relatively reasonable. Combined with RTbet’s strong sportsbook platform, the potential $150 bonus offers solid value for new users exploring the site for the first time.

Rabona square

Rabona Deposit Match Bonus

100% Deposit Match up to $150

🔐 Wagering Requirements: 6x

💯 Minimum Odds: 1.8

⏰ Validity Period: 30 days

💵 Minimum Deposit: $2

How Rabona's Bonus Offer Works

The Rabona bonus poses something pretty unique in Canada, as it requires players to qualify with the amount they deposited first, by placing a bet with their full deposited amount on an event with odds no less than 1.5. Once that’s done, new Rabona players will be able to start working their way through the wagering requirements for their newly credited bonus offer.

To get the Rabona bonus withdrawable, players will need to wager the both the deposited amount and the bonus amount 6 times at odds of 2.0 on single events or odds of 1.5 on parlay bets. New users must do this within 30 days to get the bonus money withdrawable.

888Sport Square

888Sport Deposit Match Bonus

100% Deposit Match up to $500

🔐 Wagering Requirements: 1x (full amount)

💯 Minimum Odds: 1.5 (-200)

⏰ Validity Period: 60 days

💵 Minimum Deposit: 10

Wagering limit of $50 per bet applies

How 888Sport’s Bonus Offer Works

888Sport’s bonus is only available to new users, who will need to make an initial deposit of at least $10. This amount will be met with 100% of what was deposited up to $250. To get the bonus amount withdrawable, bettors need to wager the full amount they deposited at least once, but there is a catch in that there is a wagering limit of $50 per bet.

If you were to deposit 250, then you would need to place 5 bets at 50 to unlock the 250 bonus that you had been promised. Once the full amount has been played through, the bonus will be credited to your account, and will be withdrawable. 

Powerplay logo square

Powerplay Deposit Match Bonus

100% Deposit Match up to $500

🔐 Wagering Requirements: 12x

💯 Minimum Odds: 1.5

⏰ Validity Period: 30 days

💵 Minimum Deposit: $10

How Powerplay's Bonus Offer Works

Powerplay's deposit bonus works like many other offers of this type in Canada. Once you've made your initial deposit, 100% of that deposit will be credited back to you, up to $500. As far as deposit amounts go, Powerplay is among the top in Canada.

To render the bonus about withdrawable, users then need to play through the bonus amount 12 times in order to render any bonus winnings withdrawable. Powerplay have also capped the total winnings you can withdraw at $4000, which we thought was a sneaky move. Users should also be made aware that their stakes for their bets during this phase cannot exceed $250. For existing customers, Powerplay also makes plenty of specials available for bets on the UFC.

Neobet square

NEO.bet Deposit Match Bonus

$400 Welcome Package

🔐 Wagering Requirements: 5x

💯 Minimum Odds: 1.5

⏰ Validity Period: 100 days

💵 Minimum Deposit: $10

How NEO.bet’s Bonus Offer Works

NEO.bet’s welcome package works much like most other deposit bonuses, the only key difference being that your deposit bonus is split up over three deposits. On the first deposit, you’ll receive a juicy 100% up to $200 bonus, and over the next two deposits, you’ll receive 100% up to $100 for each deposit.

To unlock the $400 bonus money, you will need to play through the bonus amount 5 times at odds of at least 1.5 within the first 100 days of being a NEO.bet customer.

Betregal square

BetRegal Deposit Match Bonus

100% up to $250

🔐 Wagering Requirements: 10x

💯 Minimum Odds: 1.5 (-200)

⏰ Validity Period: 30 days

💵 Minimum Deposit: $25

How BetRegal's Bonus Offer Works

BetRegal offer up Canadians a deposit match bonus, that enables them to double the amount of their first deposit, up to $300. Once new BetRegal customers have deposited into their accounts, their 100% deposit matches will reflect immediately. If for some reason you do not wish to accept the bonus amount, you will need to contact BetRegal’s customer service department.

Getting the bonus money into your betting account is the easy part, but getting the bonus money withdrawable is where a little more work is involved. The rollover requirements for the bonus are 10x, and new users must wager both the bonus amount, along with the deposited amount on odds of 1.5 (-200) or more. Once all the money has been wagered 10 times, the bonus money will be rendered withdrawable. Another important thing to note is that only sports wagers will count to the sports bonus rollover. 

Shangri la square new

Shangri La Deposit Match Bonus

100% up to $250 +20 Free Spins on Book of the Dead

🔐 Wagering Requirements: 10x

💯 Minimum Odds: 1.70 (-140)

⏰ Validity Period: 30 days

💵 Minimum Deposit: $25

How Shangri La's Bonus Offer Works

The Shangri La bonus works much like most other deposit bonuses in Canada, the only difference being that they generously give users an extra in terms of the 20 free spins that casino enthusiasts can spend on book of the dead. With Shangri La, your initial deposit will be rewarded with a 100% bonus of up to $250.

To render Shangri La’s bonus withdrawable, users need to play through both the deposit amount and the bonus amount (e.g. if you deposit 100 and get 100, you’ll need to use the full 200) 10 times on events with odds of at least 1.70 (-140) odds. Once these requirements have been met, users can then withdraw the bonus amount. Shangri La do not allow users to use any other bonuses or promotions while users play through this bonus in their efforts to get the welcome offer withdrawable.

Mrplay square

Mr Play Deposit Match Bonus

100% up to $200

🔐 Wagering Requirements: 9x

💯 Minimum Odds: 2.00 (+100)

⏰ Validity Period: 14 days

💵 Minimum Deposit: $10

How Mr. Play’s Bonus Offer Works

New players on Mr. Play are able to get a deposit bonus, which they will immediately receive after their first deposit. The bonus, along with the deposited amount will then need to be played through nine times, at odds of at least 2.00 (+100) in order for the bonus to be rendered withdrawable.

Mr. Play’s offer is one of the simpler ones on this list to understand. It does, however, require users to play through the money a lot of times, on events that have been given pretty high odds compared to what other betting offers require from you. It’s for this reason that Mr. Play’s offer does not feature further up our lists.

18+, Welcome Bonus: Only for new players, first deposit, minimum deposit: C$10, maximum C$200 bonus, valid for 14 days. Bets must be made at odds of 2.00 or higher and settled within 14 days of making them. In case of multi or system bets, the selection has to be played at minimum odds of 1.40.
Netbet Square

NetBet Deposit Match Bonus

50% up to $50

💰 Promo Code: WELCOME50

🔐 Wagering Requirements: 6x

💯 Minimum Odds: 1.60 (-167)

⏰ Validity Period: 60 days

💵 Minimum Deposit: $10

👉 Bonus Code: WELCOME50

How NetBet’s Bonus Offer Works

New customers at NetBet are able to get a lower value bonus, but the pros are in the fact that the terms and conditions aren’t very difficult to understand. New users will get half the amount of their initial deposit, up to $50, but must add the promo code WELCOME50 in the promotion code field when singing up. New users have 24 hours to deposit after entering the code to make a deposit.

In order to get this cash withdrawable, users need to wager the combined deposit and bonus amounts 6 times at odds of 1.60 within 60 days of creating their new account. While this is one of the simpler bonuses to convert to withdrawable cash, it is one of the lowest in terms of value on this list. 

Wager the bonus 6x before it becomes withdrawable. Complete the rollover within 60 days. Minimum odds 1.60. T&Cs apply.
Royal Panda Square

Royal Panda Deposit Match Bonus

100% up to $1000 +200 Free Spins on Moon Princess

🔐 Wagering Requirements: 20x on casino & live casino 

⏰ Validity Period: 7 days

💵 Minimum Deposit: $10

How Royal Panda’s Bonus Offer Works

After closing their sportsbook, Royal Panda only offers users a casino bonus, which gives you the option to get up to $1000 in bonus funds, as well as 200 free spins on the slot game called Moon Princess. In order for users to access their bonus, they need to sign up, deposit an amount (minimum $10 and up to $1000 to receive the full bonus amount), and then wager the amount you deposited 20x (until the wager bar is full). Once you've done so, you can claim your bonus money from the “My Offers” page. On top of that, you can enjoy your free spins on Moon Princess, and claim any wins you make from that game too.

As is usual with this type of offer, it can only be claimed by new users, and is valid for 7 days. The winnings from the bonus amount will be included in your playing wallet, and must be used within 3 days, and winnings from them will be automatically credited to the player's real money wallet, and can be withdrawn. As far as bonuses go, this one is pretty complicated to claim, which is why it's at the bottom of our list of deposit bonuses.

19+. T&C Apply. Please play Responsibly. Offers not available in Ontario.

Free Bet Bonuses - Ranked & Reviewed

Free bet offers reward new users with the opportunity to receive betting tokens after placing their first wager on a sportsbook. With free bets you simply need to place a qualifying bet, that needs to meet a set of minimum odds, and a minimum bet amount. If those conditions are met, you get your offer.

The catch with free bets however is that the tokens received from placing the qualifying bets are typically not withdrawable, but the winnings from the free bet offer will be.

All Free Bet Bonuses

  1. LeoVegas - Bet $25 get $50
  2. Mr Green - Bet $20 get $40
  3. Betiton - Bet $15 get $10
Leovegas Square

LeoVegas' Free Bet Welcome Offer

Bet $25, Get $50 in Bonus Bets

🔐 Wagering Requirements: 1x

💯 Minimum Odds: 1.8 (-125)

⏰ Validity Period: 7 days

💵 Minimum Deposit: 10

How LeoVegas' Bonus Offer Works

LeoVegas sign-up bonus gives new players the ability to earn two $25 free bets, totaling $50 in betting credits, after placing a single qualifying wager of at least $25 on odds of 1.8 (-125) or greater. For parlays, the bet must include a minimum of three combinable markets to qualify. Each free bet must be used in full.

We see strong value in this free bet bonus, as it gives bettors two risk-free chances to explore the LeoVegas platform with $25 stakes. The requirements, minimum odds of 1.8 and at least three legs for parlays, are reasonable. Unlike many deposit bonuses that come with heavy rollover conditions, this offer has no excessive wagering requirements, meaning any winnings from the free bets are yours to withdraw right away.

19+. T&C Apply. Play Responsibly. Offers not available in Ontario. Must opt in via the “My Offers” page within 7 days of registration. The minimum qualifying stake is $25, on any sporting event, with combined odds of at least 1.8. You have 24 hours after making your deposit to place the bet, which must settle within 7 days.
Mrgreen Square

Mr. Green’s Free Bet Welcome Offer

Bet $20 get Two $20 Free Bets

🔐 Wagering Requirements: No requirements

💯 Minimum Odds: 1.80

⏰ Validity Period: 7 days

💵 Minimum Deposit: $20

How Mr. Green’s Bonus Offer Works

Mr. Green’s welcome offer gives new players two $20 free bets after placing their first wager of $20. This sign-up bonus comes with minimal requirements, making it quick and easy to claim.

Like with most free bets in Canada, you are not able to simply withdraw your free bets once you have credited them. You can use free bets as your stakes, and if you win, you can withdraw the winnings made from them. We ranked Mr. Green’s free bet series below Comeon’s purely because Comeon entitles you to four free bets, while Mr. Green only entities you to two.

We really like this promotion because it effectively triples the value of your initial wager. With two risk-free opportunities to explore Mr. Green’s sportsbook, it’s a great way to test the platform and decide if it’s the right fit, without needing to commit to additional deposits.

New Sports customers only. Minimum wager of $20 required. The qualifying bet(s) to claim the Free Bet must have minimum odds of 1.80 (-125). Qualifying bets can be made up of one bet of $20+ or numerous bets totaling $20+ up to $100. Mr Green general terms and conditions apply.
Betiton sport square

Betiton’s Free Bet Welcome Offer

Bet $15 get $10 Free Bet

🔐 Wagering Requirements: No requirements

💯 Minimum Odds: 1.80

⏰ Validity Period: 14 days

💵 Minimum Deposit: $15

How Betiton’s Bonus Offer Works

Betiton offers a welcome offer type that’s become poplar in the UK, but remains pretty rare in Canada. With this offer, you need to place a $15 bet on odds of 1.80 within the first 14 days of signing up in order to unlock a $10 free bet.

The $10 free bet is not withdrawable, but any and all winnings generated from the free bet can be withdrawn. The reason this offer appears lower down the list is because it simply is not as valuable as other offers found further up. 

This offer is for new customers only and is available once per household. Max. Free Bet amount $10. Minimum wagering on sport to activate the Free Bet is $15. Void/cancelled or cashed out bets do not count towards wagering to activate the free bet.

First Bet Insurance Bonuses - Ranked & Reviewed

First bet insurance gives bettors the opportunity to recoup their first wager in the form of free bets should their wager fail to hit. These bonuses are a great way to test out a new platform with reduced risk and additional opportunities. 

Some sportsbook may require a minimum amount to bet with in order to qualify for the bonus, as well as separating the recouped amount into one or multiple free bets. We make sure to detail what forms the insurance pays out as in our reviews below.

All First Bet Insurance Bonuses

  1. BetVictor- 100% up to $200
  2. Bet99 - 100% up to $300
Betvictor Square

BetVictor’s First bet Insurance

$400 Safety Net + Access Live NFL Streaming

🔐 Wagering Requirements: None

💯 Minimum Odds: 2.00 (+100)

⏰ Validity Period: 7 days

💵 Minimum Deposit: $10

How BetVictor’s Bonus Offer Works

BetVictor's bonus offer acts as a safety net for your first wager on BetVictor after creating an account. For example, if you place a $400 bet and it loses, you’ll be reimbursed with betting credits in four installments: 25% of your stake (e.g., $100) is credited on the first day, followed by another 25% each day over the next three days, until you're fully reimbursed.

We like this unique sign-up bonus because it lets new users explore the site without fully risking their initial deposit. Even if your first bet doesn’t win, you get four more chances to wager at no additional cost, giving you more value and a lower-risk way to test out BetVictor’s features as a newcomer.

Aside from signing up with BetVictor for their solid bonus, we also recommend users who enjoy betting on the NBA, and Soccer, as BetVictor has one of the best bet builders for these sports.

Bet99 ROC Square Logo

Bet99’s First bet Insurance

First Bet Encore up to $800

🔐 Wagering Requirements: $5

💯 Minimum Odds: 1.80 (-120)

⏰ Validity Period: 30 Days

💵 Minimum Deposit: $20

How Bet99’s Bonus Offer Works

Bet99’s welcome offer stands out for its flexibility, awarding four free bets at 25% of your staked amount. Splitting the bonus into four bets provides multiple opportunities for success. With a generous $800 cap, high-stakes players can aim for significant returns, while budget-conscious bettors can get started with a $20 minimum deposit and four $5 bets. Overall, the risk-to-reward balance makes this a worthwhile option for a wide range of players.

How We Analyze Betting Offers

To help you find the best sign-up bonuses, we don’t just list every offer, we evaluate them based on the factors that truly impact a bettor’s experience. Each bonus is tested against a set of consistent criteria to determine how valuable, achievable, and user-friendly it really is.

We focus on deposit bonuses and free bet offers, which make up the majority of sign-up promotions in Canada. Multi-part welcome packages or free bet series are typically just extended versions of these two core types, and we rate them the same way.

Here’s what we look for when scoring and comparing sportsbook offers:

Deposit bonuses key factors

Bonus amount

We look at the maximum bonus value offered (e.g., 100% up to $300). Larger bonus caps generally offer more potential value, but only if the terms are reasonable and achievable for typical bettors.

Bonus percentage

A higher match percentage (e.g., 200% vs. 100%) means more bonus value for less upfront cost. However, a high percentage with difficult conditions (like very high turnover) may lower the real-world value.

Minimum odds

Low minimum odds make it easier to place qualifying bets and meet turnover. If a sportsbook sets the minimum at 1.70, it’s more user-friendly than one requiring 2.00+. We score offers with lower odds requirements higher for accessibility.

Rollover

This refers to how much you need to wager to unlock bonus funds or withdraw winnings. The lower the turnover multiplier (e.g., 5x vs. 10x), the better. We factor in both the multiplier and the types of bets that count toward it.

Validity period

The more time a sportsbook gives you to meet the bonus conditions, the more flexible and user-friendly the offer. Short windows (like 7 days) reduce usability and lower the bonus’s rating.

Free bets key factors

Qualifying bet size

To earn a free bet, sportsbooks usually require you to place a real-money bet first. We assess whether the required stake is reasonable for casual users (e.g., $10–$20 vs. $50+).

Free bet value

We look at the size of the free bet offered compared to the qualifying stake. Offers that give equal or greater value than what you wager are rated higher for overall value.

Minimum odds

Just like with deposit bonuses, we check how easy it is to qualify for the free bet. Low minimum odds make it easier to trigger the offer, and increase the chance of a win once you use the free bet.

Validity period

We assess how long you have to use the free bet after it’s credited. Short windows (like 3 days) limit flexibility, while longer periods (7+ days) provide more freedom and planning time.

Common Mistakes & Tips With Sign-Up Bonuses

Sports betting bonuses can be tricky to understand, especially if you're new. In this section, we break down common bonus terms, what you need to know before accepting an offer, and the mistakes that can cost you. Get informed and make smarter choices when signing up.

Common Sign-Up Bonus Terms

Deposit Match Bonuses

These bonuses match your first deposit, usually 100% to 200%. For example, a 100% match means a $100 deposit gives you an extra $100 in betting credits. These credits aren’t withdrawable right away. You’ll need to meet a turnover requirement to unlock them for cash withdrawal.

Safety Net Bonuses

Also called “second chance” bets, these promos refund your first wager (up to a maximum) if it loses. The refund comes as betting credit, not cash, and can be used to place another bet. Any winnings from that second bet are usually fully withdrawable, with no further conditions.

Free Bets

These are tokens you can use to place bets but not withdraw directly. If you win using a free bet, you can usually keep the winnings (but not the stake). Some may carry a turnover requirement before winnings can be withdrawn. In addition, your bookmaker may allow you to use the free bets in increments or may require to use the free bet in its entirety.

Turnover/Playthrough Requirements

This is the amount you need to wager before a bonus (and any winnings from it) becomes withdrawable. For instance, a 7x turnover on a $100 bonus means you must place $700 worth of bets. The higher the turnover, the harder the bonus is to unlock.

Minimum Deposit/Stake Requirements

Some bonuses require you to deposit or wager a minimum amount to qualify. Deposit matches often start at $10 to $40. For safety nets, a minimum stake may be required on your first bet.

Minimum Odd Requirements

Wagers must often meet a minimum odds threshold to qualify for a bonus or count toward turnover. Bets below this threshold won’t count. These rules apply to both deposit bonuses and safety nets.

Validity Period

Bonuses typically expire if you don’t act within a set time, like making a deposit or placing a first bet. The same goes for completing turnover requirements. Miss the deadline, and the bonus (plus any winnings from it) disappears.

What You Should Know Before Accepting a Bonus

Bonuses aren't real money. You can’t withdraw bonus funds directly. They become cashable only after meeting the sportsbook’s requirements, usually through wagering (turnover). For example, a $200 bonus with a 5x turnover means placing $1,000 in bets before withdrawal is allowed.

Maximizing a sign-up bonus isn't always the best decision. Maxing out a bonus sounds great, but remember, a higher deposit also increases the total turnover required. If you're a casual bettor, chasing a $300 match bonus with a 10x turnover means risking $3,000 just to unlock it. It's important to pick a bonus that matches your comfort level and budget.

Bonuses come with minimum requirements. Whether it’s a deposit match or safety net bonus, sportsbooks typically require a minimum deposit or a minimum stake on your first bet to qualify. These minimums vary, but usually fall between $10 and $40. Always check what’s required before signing up so you’re not caught off guard.

There’s always a minimum odds threshold. Most bonuses only apply to bets placed at or above a certain set of odds. For example, a sportsbook might require minimum odds of 1.70 (decimal) for a bet to qualify toward the turnover requirement or to trigger a safety net bonus. Anything below that won’t count, even if it wins.

All bonuses expire. Bonuses have time limits, both to activate the offer and to meet wagering requirements. You might have just 7 days to place your first bet, or 14 days to complete turnover. Miss the window, and the bonus (along with any winnings from it) disappears from your account. Always keep an eye on the clock.

Common Mistakes New Bettors Make

Chasing the maximum bonus without a plan

It’s tempting to deposit the full amount just to get the biggest possible bonus, but that also increases the turnover requirement. For example, a $300 bonus with a 10x turnover means $3,000 must be wagered. If that’s beyond your normal budget or betting habits, you may struggle to meet the requirement in time, or feel pressured into placing bets you wouldn’t normally make, increasing the risk of loss.

Placing bets below the minimum odds

Sportsbooks usually set a minimum odds threshold (e.g. 1.70) for a bet to count toward unlocking a bonus. If you bet on markets with lower odds, intentionally or by accident, those bets won’t count toward the turnover requirement. You might think you’re making progress, only to find out later that you need to start over with higher-odds bets. This oversight can apply to bet types that do not qualify as well. Some sportsbook might explicitly state that bet types like multi-bets or system bets do not qualify, or that only the first wager per event will count. It's important to identify these requirements before placing bets, to ensure you're making progress.

Letting bonuses expire

Every sign-up bonus comes with a deadline, sometimes just 24 hours to place your first bet, or 14 to 90 days to complete the turnover. If you delay activating the bonus or don’t meet the wagering requirements in time, the bonus funds and any winnings associated with them will be removed from your account. This is especially frustrating when you’ve already put in time and money but didn’t track the clock.

Assuming all free bets are equal

Free bets may sound simple, but they often come with restrictions. Some can only be used on specific sports, markets, or bet types (like parlays or single bets). Others may have higher minimum odds or shorter expiry periods. If you don’t pay attention to these details, you might try using the free bet in a way that’s invalid, or miss the chance to use it altogether.

Legality of Sports Bonuses in Canada

As many Canadian bettors know, the legality of sports betting depends on which province you live in. As of 2025, the landscape is split into two major groups: Ontario, which has a fully regulated open market, and all other province, which follow a different legal framework.

Ontario

Ontario is currently the only province in Canada with a fully licensed and regulated iGaming market. The Alcohol and Gaming Commission of Ontario (AGCO), in partnership with iGaming Ontario (iGO), oversees all online sportsbooks operating in the province.

To legally operate in Ontario, sportsbooks must hold an Ontario-specific license and comply with strict rules, including one key regulation: operators are not permitted to advertise bonuses or promotions to the public. This means we (and any betting site) cannot display sign-up bonuses to users located in Ontario. Instead, promotions can only be shown after a user has registered and logged into their account.

All Other Provinces

In all other provinces, the situation is different. While most provinces do not have a fully open and competitive market like Ontario, Canadian federal law does not prohibit residents from using sportsbooks that are licensed in other jurisdictions (such as Malta or Curacao). These international sites operate in a legal "grey zone" but are widely accessible.

Importantly, there are no laws that penalize Canadian residents for signing up with and using these sportsbooks. That means bettors outside Ontario can legally access and claim sign-up bonuses from offshore sportsbooks without restriction.

FAQ

How are deposit matches different from free bets?

Deposit matches require an initial deposit, which is then rewarded with a certain percentage, while free bets are receivable through making a deposit and placing a qualifying bet.

How do I use a betting offer?

This is dependent on the offer, but usually, it requires making a bet, which can be completed by selecting your sport, finding your odds, selecting them, entering your stake and confirming your bet. You may need to bet a number of times to use your offer.

How do betting offers work?

Some come in the form of free bets, whereas others are deposit bonuses in which you put your own money into a betting account and that amount gets matched. For each offer, a set of terms and conditions will be attached.

What are the different types of betting offer?

The offers we've seen include deposit bonuses, free bets and risk-free bets the most.

No deposit bonuses are a little rarer, and we've also seen enhanced winnings from time to time.

Are risk free bets better than free bets?

Ben seems to think so, while Alex would disagree.

The key factor here is what you're looking for in your offer. If you prefer having some bet insurance, then we would recommend risk-free bets.

If you prefer a guaranteed offer that is receivable through placing a bet, then

Must I deposit money to qualify for a betting offer?

More often than not, yes. The value of the betting bonus will often match your first deposit up to a maximum limit. No deposit betting offers are very rare.

Which welcome bonus has the lowest wagering requirement in Canada?

22Bet has one of the lowest turnover/wagering requirements out of any sign-up bonus in Canada. With just a 5x turnover, their up to $300 deposit match bonus is one of the easiest welcome offers to qualify for.

Benjamin Van Huffel Profile Image
Benjamin Van Huffel
Betting Site Expert

I began my journey into sports betting at the age of 18, back when official online sportsbooks weren’t widely available. Over the years, I’ve developed a deep understanding of the betting market, from analyzing odds to exploring how operators function behind the scenes. Staying up to date with the latest sports news is a daily routine for me, and it’s helped me sharpen my insights into team dynamics, player performance, and betting trends.

My experience and knowledge allow me to approach sports betting strategically, blending my love for the game with a keen eye for opportunities in the market.