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Best Sports Betting Sign Up Bonuses in Canada

Explore Canada’s top sportsbook bonuses, clearly broken down and ranked based on wagering requirements, odds, and how easy they are to actually cash out.
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 Jan. 23, 2026
19+ | Gambling can be addictive. Please play responsibly.
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List of the Best Betting Bonuses in Canada
BonusMin. DepositTurnoverExpiration
#1
100% Deposit Match up to $300
Min. Deposit
$10
Turnover
10x
Expiration
30 days
#2
$1000 Safety Net or Bet $10 get $50
Min. Deposit
$10
Turnover
1x
Expiration
7 days
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
$400 Welcome Package
Min. Deposit
$10
Turnover
10x
Expiration
100 days
#8
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.
#9
First Bet Match up to $250
+ 100 Bonus Spins
Min. Deposit
$$20
Turnover
1x
Expiration
7 days
#10
125% Deposit Match up to $750
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.
#11
First Bet Encore up to $800
Min. Deposit
$20
Turnover
5x
Expiration
30 days
#12
100% Deposit Match up to $500
Min. Deposit
$10
Turnover
20x
Expiration
30 days
#13
120% Deposit Match up to $540
Min. Deposit
$4
Turnover
5x
Expiration
30 days
#14
100% Deposit Match up to $500
Min. Deposit
$10
Turnover
6x
Expiration
60 days
#15
100% Deposit Match up to $150
Min. Deposit
$30
Turnover
6x
Expiration
30 days
#16
100% Deposit Match up to $150
Min. Deposit
$30
Turnover
6x
Expiration
30 days
#17
100% Deposit Match up to $500
Min. Deposit
$10
Turnover
20x
Expiration
30 days
#18
100% Deposit Match up to $200
Min. Deposit
$20
Turnover
6x
Expiration
30 days
#19
100% Deposit Match up to $200
Min. Deposit
$10
Turnover
6x
Expiration
30 days
#20
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 match bonuses are the most common sportsbook offers in Canada, but they’re also the easiest to misunderstand. While many betting sites promote large bonus amounts, the true value of a deposit bonus depends on how realistic it is to actually withdraw those funds.

Our rankings focus on real-world value, not marketing headlines. We assess each deposit bonus based on factors that directly affect bettors, including wagering requirements, minimum odds, validity periods, and whether your deposit is locked while working through the bonus.

Below, you’ll find deposit match bonuses ranked and reviewed based on transparency and feasibility, with clear breakdowns of how each offer works and what it realistically takes to turn a bonus into withdrawable cash.

All Deposit Match Bonuses

  1. Bwin - 100% up to $200
  2. 888sport - 100% up to $500
  3. Coolbet - 100% up to $200
  4. Sports Interaction - 125% up to $750
  5. NEO.bet - $400 Welcome Package
  6. Tonybet - 100% up to $350
  7. RTbet - 100% up to $150
  8. NetBet - 50% up to $50
  9. Rabona - 100% up to $150
  10. Betway - 100% up to $300
  11. 22bet - 100% up to $300
  12. 1xbet - 120% up to $540
  13. GGbet - 200% up to $250
  14. Powerplay - 100% up to $500
  15. Parimatch - 100% up to $500
  16. Shangri La - 100% up to $50
  17. Mr. Play - 100% up to $200
  18. ComeOn! - 100% up to $200
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

Deposit at least $10 and receive a 100% match up to $200. To make the bonus withdrawable, you must wager the combined deposit and bonus three times on bets with minimum odds of 1.70 within 90 days.

Catches to be aware of

No unusual restrictions compared to standard deposit bonuses.

Our thoughts

This is the best all-around deposit bonus in Canada. A low 3x rollover, realistic odds, and a very generous 90-day window make this bonus achievable for almost any betting style. Strong balance between effort and reward.

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

Deposit and receive a 100% match. To unlock the bonus, you must wager the combined amount once at odds of 1.50 or higher. Once completed, the bonus becomes withdrawable cash.

Catches to be aware of

A $50 maximum stake per bet means larger deposits require multiple bets to clear the wagering.

Our thoughts

Despite the bet cap, this is one of the lowest-risk bonuses available. A single rollover at modest odds makes it extremely feasible, especially for casual bettors.

Coolbet square

Coolbet Deposit Match Bonus

100% 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

Deposit at least $10 and receive a 100% match. The bonus amount must be wagered six times at minimum odds of 1.50 to become withdrawable.

Catches to be aware of

A standard 6x rollover applies, which still requires some commitment.

Our thoughts

A solid mid-tier bonus. The odds requirement is reasonable and the 60-day window provides enough time to complete wagering without pressure.

Sports interaction newnew logo square

Sports Interaction Deposit Match Bonus

125% Deposit Match up to $750

🔐 Wagering Requirements: 6x

💯 Minimum Odds: 1.5 (-200)

⏰ Validity Period: 30 days

💵 Minimum Deposit: $10

How Sports Interaction’s Bonus Offer Works

Deposit and receive a 125% match. To withdraw the bonus, the wagering requirements must be met at odds of at least 1.50 within 60 days.

Catches to be aware of

Higher wagering volume due to the large bonus cap.

Our thoughts

The headline amount is attractive, but the 6x rollover scales quickly. Best suited for higher-volume bettors who plan to place frequent wagers.

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.
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

The bonus is split across three deposits. Each bonus portion must be wagered five times at odds of 1.50 within 100 days.

Catches to be aware of

Bonus is spread across deposits, adding complexity.

Our thoughts

A long 100-day validity period improves feasibility. Good value for bettors who prefer spreading wagering over time rather than clearing it quickly.

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

Deposit at least $15 and receive a 100% match. The bonus must be wagered five times at odds of 1.50 within 14 days.

Catches to be aware of

Short validity window increases pressure.

Our thoughts

The 5x rollover is reasonable, but the 14-day limit makes this harder to complete unless you’re actively betting.

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

Deposit at least $30 and receive a 100% match. The bonus must be wagered six times at odds of 1.50 to become withdrawable.

Catches to be aware of

Higher minimum deposit than most competitors.

Our thoughts

Fair but unremarkable. Suitable for players comfortable depositing $30+, though better value exists higher up the list.

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

Deposit and receive a 50% match. The bonus must be wagered six times at odds of 1.60 to unlock withdrawals.

Catches to be aware of

Low bonus cap limits upside.

Our thoughts

Simple and transparent, but limited value due to the small bonus amount.

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

Deposit and receive a 100% match. The bonus must be wagered six times at odds of 1.80.

Catches to be aware of

Higher odds requirement increases risk.

Our thoughts

The 6x rollover combined with higher odds makes this bonus tougher to clear than it first appears.

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

Deposit and wager the bonus ten times at odds of 1.75 within seven days.

Catches to be aware of

Very short validity period paired with high turnover.

Our thoughts

Well-known brand, but the bonus itself is poor value for most bettors due to time pressure and heavy wagering.

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

Bonus must be wagered through five three-leg accumulator bets at minimum odds of 1.40.

Catches to be aware of

Parlay-only wagering significantly increases variance.

Our thoughts

Accumulator requirements drastically reduce the likelihood of clearing this bonus.

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.
1xbet square

1xbet Deposit Match Bonus

120% Deposit Match up to $540

🔐 Wagering Requirements: 5x (in accumulator bets)

💯 Minimum Odds: 1.40 (-250)

⏰ Validity Period: 30 days

💵 Minimum Deposit: $2

How 1xbet’s Bonus Offer Works

Deposit and receive a 120% match. Bonus must be wagered five times using accumulator bets.

Catches to be aware of

No single bets allowed.

Our thoughts

High variance and difficult wagering structure place this firmly in low-value territory.

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

Bonus must be wagered twelve times at odds of 1.70 within 14 days.

Catches to be aware of

High rollover + short validity window.

Our thoughts

Large headline bonus, but extremely difficult to convert into withdrawable cash.

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

Deposit and wager the bonus twelve times at qualifying odds.

Catches to be aware of

High wagering requirement relative to value.

Our thoughts

Requires sustained betting volume and offers poor efficiency compared to top-ranked bonuses.

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 can receive a 100% match on their first deposit, up to $500. To make the bonus withdrawable, the bonus amount must be wagered 20 times on bets with minimum odds of 1.50 within 30 days.

Catches to be aware of

A 20x wagering requirement is one of the highest among Canadian sportsbooks. Even with reasonable odds, this requires a very large volume of betting before any bonus funds can be withdrawn.

Our thoughts on the bonus

While the $500 headline bonus looks attractive, the reality is that a 20x rollover makes this bonus extremely difficult to convert into cash. Most bettors will exhaust the bonus balance long before meeting the wagering requirement. From a value perspective, Parimatch’s deposit bonus ranks among the least efficient offers in Canada, and we generally recommend opting for lower-turnover bonuses instead.

Shangri la square new

Shangri La Deposit Match Bonus

100% up to $50 +20 Free Spins

🔐 Wagering Requirements: 10x

💯 Minimum Odds: 1.70 (-140)

⏰ Validity Period: 30 days

💵 Minimum Deposit: $25

How Shangri La's Bonus Offer Works

Deposit and receive a small match plus free spins. Bonus must be wagered eight times.

Catches to be aware of

Low bonus cap limits potential returns.

Our thoughts

Minimal upside combined with moderate wagering requirements places this near the bottom.

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

Deposit and wager the bonus nine times at even odds or higher.

Catches to be aware of

High odds requirement significantly increases risk.

Our thoughts

One of the least efficient deposit bonuses on this list. High rollover, high odds, short window.

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.
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.

Free Bet Bonuses - Ranked & Reviewed

Free bet bonuses (often called bet & get offers) are among the most straightforward promotions available at Canadian sportsbooks. Instead of wagering a bonus multiple times, bettors place a single qualifying bet and receive free bets that can be used right away.

We focus on the true value of free bet offers by looking at the qualifying stake, minimum odds, validity period, and how easily winnings can be withdrawn. While free bet tokens themselves aren’t withdrawable, any winnings earned from them usually are, making these offers a low-risk way to test a sportsbook without long-term wagering commitments.

Below, you’ll find free bet bonuses ranked by simplicity and real-world usability, so you know exactly what you’re getting before placing your first bet.

All Free Bet Bonuses

  1. LeoVegas - Bet $25 get $50
  2. Northstar Bets - Bet $100 get $100
  3. Bet365 - Bet $10 get $50
  4. Mr Green - Bet $20 get $40
  5. 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

New users place a qualifying bet of at least $25 at odds of 1.80 or higher. Once the bet settles, LeoVegas credits two $25 free bets, totalling $50. Each free bet must be used in full, and any winnings from those bets are withdrawable.

Catches to be aware of

If using parlays to qualify, the bet must include at least three combinable selections. The offer must be opted into and completed within seven days.

Our thoughts on the bonus

This is the strongest free bet offer in Canada from a value perspective. You’re getting two meaningful free bets after a single wager, with no rollover on winnings. The odds requirement is reasonable, and the bonus provides genuine risk-free exposure to the sportsbook.

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.
Northstar bets logo square

Northstar's Bet & Get Welcome Offer

First Bet Match up to $250 + 100 Bonus Spins

🔐 Wagering Requirements: 1x

💯 Minimum Odds: 1.5 (-200)

⏰ Validity Period: 7 days

💵 Minimum Deposit: $20

How Northstar Bet's Bonus Offer Works

New users at NorthStar Bets place a single wager of up to $100 at odds of -200 (1.50) or shorter. Once the qualifying bet is placed, NorthStar Bets credits a matched free bet, regardless of whether the original wager wins or loses. Any winnings from the free bet are withdrawable.

In addition to the sportsbook offer, users also receive 100 bonus spins, which are credited separately with it's own terms and conditions.

Catches to be aware of

The free bet stake itself isn’t withdrawable, only winnings can be cashed out. The bonus must be used within seven days, and parlays are subject to stricter odds limits of -500 per leg.

Our thoughts on the bonus

With a low odds requirement and no rollover, NorthStar Bets offers one of the most accessible bet & get bonuses in Canada. The ability to receive the free bet regardless of the initial wager’s outcome significantly improves its value compared to refund-style offers. While the $100 cap and short validity window limit long-term upside, this is an excellent low-risk option for bettors who want to try a new sportsbook with minimal commitment.

Bet365 logo square

Bet365 Bet & Get Welcome Offer

Bet $10 get $50

🔐 Wagering Requirements: 1x

💯 Minimum Odds: 1.2 (-500)

⏰ Validity Period: 7 days

💵 Minimum Deposit: $10

How Bet365's Bonus Offer Works

New Bet365 users can choose the Bet & Get welcome offer and place a single $10 bet at odds of -500 (1.20) or shorter. Once the qualifying bet is settled, Bet365 credits $50 in free bets. Any winnings from the free bets are withdrawable.

Catches to be aware of

The odds requirement is very restrictive, limiting qualifying bets to heavy favourites. The free bet stake itself isn’t withdrawable, and the bonus amount must be used within seven days.

Our thoughts on the bonus

This is one of the lowest-cost ways to access free bets in Canada, making it ideal for casual bettors who want quick value with minimal risk. While the odds restriction limits flexibility, the return on a $10 wager is strong, and the simple mechanics make this an easy bonus to understand and use.

Bet365 operates pursuant to an agreement with iGaming Ontario.
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

After placing a qualifying wager of $20 at odds of 1.80 or higher, new users receive two $20 free bets. The free bets act as stakes, and any winnings can be withdrawn.

Catches to be aware of

Free bets themselves are not withdrawable, and the offer must be completed within seven days of registration.

Our thoughts on the bonus

This is a clean, low-risk free bet offer that’s very easy to understand and use. While the total bonus amount is lower than LeoVegas’, the mechanics are nearly identical, making it a strong second choice for bettors who value simplicity.

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

New players place a $15 bet at odds of 1.80 or higher within 14 days of signing up. Once the bet settles, a $10 free bet is credited. Any winnings from the free bet are withdrawable.

Catches to be aware of

The free bet amount is relatively small compared to other offers.

Our thoughts on the bonus

This is a straightforward but low-value bet-and-get offer. It’s easy to claim and has a longer validity window than the others, but the smaller free bet amount limits its overall appeal. Best suited for bettors who want a quick, low-commitment trial.

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 bonuses act as a safety net for new bettors, refunding your first wager as free bets if it loses. Instead of chasing rollover-heavy promotions, these offers are designed to limit downside while giving you extra chances to place bets at no additional cost.

We evaluate first bet insurance offers based on how the refund is issued, including minimum odds, time limits, and whether the refund is paid as a single free bet or split across multiple bets. While refunded stakes aren’t withdrawable, any winnings from those free bets typically are, making this one of the lowest-risk ways to try a new sportsbook.

Below, you’ll find first bet insurance bonuses ranked by usability and real-world value, with clear explanations of what happens if your first bet doesn’t win.

All First Bet Insurance Bonuses

  1. Bet99 - $800 Safety Net
  2. Bet365 - $1000 Safety Net
  3. BetVictor- $400 Safety Net
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

New Bet99 users place their first bet after signing up. If that bet loses, Bet99 refunds the stake as four free bets worth 25% of the original wager each, up to a total of $800. Each free bet requires a minimum wager of $5 at odds of 1.80 or higher. Winnings from the free bets are withdrawable.

Catches to be aware of

The refund is issued as free bets, not cash, meaning only winnings (not stakes) can be withdrawn.

Our thoughts on the bonus

This is the best first bet insurance offer in Canada. The long 30-day validity window, reasonable odds requirement, and flexible staking make it accessible for both casual and high-stakes bettors. Splitting the refund into four free bets gives multiple chances to recover value, making the risk-to-reward balance excellent.

Bet365 logo square

Bet365 Welcome Offer

$1000 Safety Net

🔐 Wagering Requirements: 1x

💯 Minimum Odds: 1.2 (-500)

⏰ Validity Period: 7 days

💵 Minimum Deposit: $10

How Bet365's Bonus Offer Works

New Bet365 users can opt for the First Bet Safety Net instead of the free bet offer. Place your first wager (up to $1,000) at odds of -500 (1.20) or shorter. If the bet loses, Bet365 refunds the stake as free bets. Any winnings from those free bets are withdrawable.

Catches to be aware of

Refunds are issued as free bets rather than cash, meaning only winnings can be withdrawn. The odds requirement is strict, and the offer must be used within seven days.

Our thoughts on the bonus

Bet365’s safety net offers significant downside protection, especially for bettors placing a larger first wager. While the odds requirement limits market choice, the high refund cap makes this one of the most generous insurance-style offers available. Best suited for bettors who are comfortable backing strong favourites and want protection on a high-value first bet.

Bet365 operates pursuant to an agreement with iGaming Ontario.
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

Place your first bet with BetVictor at odds of 2.00 or higher. If the bet loses, your stake is refunded as betting credits in four daily installments of 25% each. These credits can be used to place additional bets, and any winnings are withdrawable.

Catches to be aware of

The refund is staggered over four days rather than credited instantly, and the odds requirement of 2.00 is higher than most safety-net offers.

Our thoughts on the bonus

BetVictor’s offer provides strong downside protection, but the higher odds requirement and short 7-day window make it less forgiving than Bet99’s. Still, it’s a solid option for bettors who are comfortable placing even-money or underdog bets and want insurance on a larger first wager.

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.