Canadian sports betting sites feature a wide range of sportsbook bonus offers that you can use on various sports. On this page, our experts reviewed, tested, and listed the top online sportsbooks in Canada with the most generous bonuses.

Whether you are looking for free bets or matched deposit bonuses, we only recommend trustworthy and legal sports betting sites here. We will look at types of bonus offers, regarding their terms and conditions. There are also tips to help Canadian sports bettors find the best sign up bonuses.

1
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The No Deposit Sportsbook Bonus

A no deposit bonus sportsbook allows you to place free bets without spending real money. The operator will grant you a risk-free promotion in the form of bonus funds, mostly small amounts ranging from $5 to $10. You don’t even need to place a bet beforehand to get it.

Thus, no deposit bonus offers are a great option if you want to try a new betting site for free:

A Matched Deposit Sportsbook Bonus

Most sportsbooks welcome their new players with a matched deposit bonus. This type of sportsbook bonus is a percentage offer that matches your deposit amount. It’s often the most lucrative promotion for new customers.

The most common one is a 100% match bonus on your initial deposit up to a specified amount. Sports betting sites with this bonus will double your deposit to let you bet without risking too much money.

Free Bets

Free bets are self-explanatory; you simply get an opportunity to place bets for free. These promotions may come as deposit or no deposit bonuses. Free bets can be attached to sign up or other betting bonuses. Some sportsbooks will offer risk-free bets besides the traditional free bet offers.

The key distinguishing feature for a risk-free bet is that bettors get a refund if they lose their first-ever bet. Let’s consider a sportsbook with a 100% risk-free bet of up to $200. This means that the bookmaker will refund any losses made on your first wager up to 200 dollars. Check our free bets page for more information on these bonuses.

Reload Bonuses

Reload betting bonus offers are specially for sports bettors who make deposits beyond the first one. Once you claim your welcome offer, any deposit you make afterwards may qualify for another match bonus. This is what is known as a reload bonus. You just need to keep funding your betting account to get more deposit bonuses. These promotions may keep recurring, so you will often have more promotions to redeem.

VIP and Loyalty Bonuses

The best sportsbooks in Canada have additional rewards for their loyal members. We are talking about bettors who visit a betting site, deposit and bet on sports regularly. These valued members can benefit from VIP and loyalty schemes.

There are numerous advantages to being a member of a sportsbook VIP or loyalty program. First of all, you can get exclusive rewards such as free bets based on your current level or points. Such promotions may also come your way if you take certain actions, such as betting on specific markets selected by the bookmaker. Moreover, some betting sites may offer bonuses with more lenient T&Cs or no wagering requirements.

Terms and Conditions

Every sports betting bonus will come with terms and conditions. Since no sportsbook is like the other, the bonus T&Cs will vary.

The most common bonus terms every sports bettor should watch out for include the ones described below:

Wagering Requirements

Also known as a rollover requirement, a wagering requirement is a condition that dictates how much you must wager your bonus credits. The rule is popular with both online casino offers and sports betting bonuses. Your bonus amount is simply subject to a multiplier to determine the required wagering amount. If you fail to do so, the online sportsbook will not let you cash out your winnings.

Example

We will use the new customer offer at 888Sport.com as an example.

Place your first $10 bet and earn $30 in free bets + a $10 casino bonus. New customers only • 18+ • Min odds 1.50. Min deposit of $10. To withdraw bonus/related wins, wager bonus amount 40 times within 14 days. Full T&Cs apply.

Now, let’s say you have claimed the free bet bonus of $30. A 40x wagering requirement means that you must wager $30 x 40 or $1,200 to cash out.

Minimum Odds

It’s a common rule for all sportsbook bonus offers to have the minimum odds requirement. This is usually -200 in American odds and 1.5 in decimal odds. As you can see from our previous example, the minimum odds are 1.5. Therefore, you won't get the bonus if the odds are lower than that.

Excluded Markets and Restricted Bets

Market and bet restrictions are key factors to consider when claiming bonuses at online sports betting platforms in Canada. A sportsbook may decide to exclude certain sports, leagues, or markets from a betting bonus. Also, you may only be allowed to bet on a single market. That is, betting on one specific player, outcome or team.

Expiry Dates

Online sportsbook bonuses normally expire after a certain period. Depending on the bookmaker, you may have 24 hours or between 3 and 14 days to use free bets. However, matched bonuses usually grant more time than free bets. You must claim and use your betting bonuses or promo codes in time to avoid losing offers.

How to Find the Best Sportsbook Sign Up Bonus

You must first know what you want when looking for the best sportsbook sign up bonus. This will allow you to choose bonuses based on your likings. It is also important to compare different types of bonuses and betting sites before choosing.

With that said, sports bettors should keep the following things in mind to pick the perfect welcome bonus:

FAQ

A good sportsbook will allow you to bet on a wide range of sports with a bonus. But there could be some excluded markets and bet restrictions.

Yes, of course, if your bet wins. But you must adhere to the wagering requirement and other T&Cs.

The main purpose of a wagering requirement is to prevent players from abusing betting bonuses. You cannot withdraw the free money unless you play with it.

No, online sportsbooks don’t want you to claim the same welcome bonus twice. They often restrict you based on your IP address or physical address.

No, most sports betting bonuses don’t require bonus codes to claim. But some promotions will require you to enter promo codes.

Looking for More?
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Olivia King -  Chief Editor and webmaster

Hi, I’m Olivia King, resident editor in chief at NoDeposit365.ca. I source and negotiate the best no deposit bonuses from top online Canadian-facing casinos. I started my casino career within the brick-and-mortar casino space. However, I found a true calling in no deposit casinos, and have not looked back since.

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