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© 2024 New-Casino.ca. All rights reserved.Finding the best betting bonuses can be challenging for new players. Thatâs why we have created this quick guide to make your day a bit easier. Here youâll find everything you need to know about different types of sportsbook bonuses, including free bet offers, matched betting and risk-free bets. We also give you a list of the best offers so you can easily compare and find the best betting bonus for you!
Best Sportsbook Bonuses April 2024
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Expertly Reviewed| Date Added | Rating | Pros | Bonus | |
|---|---|---|---|---|
 Added: 23 Mar,2020 | Incredibly vast sportsbook Weekly free bets Cash out feature | 100% up to $200 | Play now | |
 Added: 3 Sep,2019 | 888 Sport | $10 Casino Bonus Included Play To Win $10,000 Live Chat Available 24/7 | 100% up to $250 | Play now |
 Added: 23 Mar,2020 | Mr Green Sports | Free Betting Strategies Betting on Big Events MultiBetting Features | $50 in Free Bets | Play now |
 Added: 3 Sep,2019 | 100% Welcome Bonus Large Sports Betting Selection Incredible Daily Offers | $200 Free Bet Deal | Play now | |
 Added: 3 Sep,2019 | Receive 20% On Your Winnings 25% Profit Boosts Great Mobile Site | $1000 Bonus | Play now |
Best Betting Deals in an Online Real Money Casino
Finding the best betting deals in an online real money casino Canada is all about knowing where to look. Usually, the best betting sites give you betting promotions frequently, so you can get an extra boost when making a deposit.
Of course, promotional offers rarely exceed the welcome bonus, which tends to be the biggest and best betting bonus you can pick at gambling sites. But the deposit bonus isnât everything, and once you find a betting site you like, you shouldnât limit yourself to not depositing after the first bonus is collected.
Itâs worth noting the best Canadian sports betting sites have both a real money casino and betting section, both with a first deposit bonus suited for each niche. Itâs paramount to choose the bonus best suited for the games you wish to play, and for bettors, the sportsbook bonus is the clear winner.
â Pro Tip: Compare Betting Bonuses
Experienced players often play at several different sports betting sites at any given time. Before deciding on a bet, they often compare the odds offered at various sites. They also keep themselves updated on the betting promotions available to make sure they donât miss out on a great offer.
We recommend you sign up for the newsletter and use the app, if possible, to get notifications whenever a new offer is released.
Free Bet Offers
The most common sportsbook bonus is the free bet, which comes in several different varieties and is often found in new casinos. Itâs usually offered to new customers but is also frequently given as a loyalty reward or a promotion for existing players.
Free bets Canada is exactly like regular casino bonuses, but tailored to betting markets. You first need to register at the casino, make a deposit, and youâll receive a certain amount of bonus money you can use on a selection of bets.
Example: A betting site offers a 100% free bet bonus up to C$200. If you make a C$200 deposit, youâll get 200 in bet credits to play with.
The most important difference between free bets or a regular casino bonus is the bonus conditions, especially the wagering requirement. It tends to be a bit lower than regular deposit bonuses. Usually, the bets have to be placed on a particular sport with minimum odds, often 1.5 or higher.
Usually, new customers can bet on whatever sport they like using a sportsbooks offer. However, later on, offers might be for specific sports. For example, you might receive 50 in free bets to be used on horse racing and not on other sports.
Risk-Free Bets
This is another fairly common promotion, both to welcome new players and as a promotion to existing players. Just as it sounds, the betting site will pay back your bet if you lose.
Example:Â The betting site offer a C$30 risk-free bet. If you bet C$15 on a football match and win, youâll receive nothing, but if you lose, youâll get your C$15 initial bet back.
The same type of bonus condition usually applies for risk-free bets, and you will usually find minimum odds, wagering requirements and sporting event restrictions.
More often than not, this bonus will be offered to loyal players at the top sports betting sites for certain sporting events, such as Stanley Cup, the Super Bowl or other significant sporting events.
Matched Betting Canada
Matched betting is very similar to free bets, with the only difference being it requires you to make a bet first. It goes something like this: âMake a C$20 bet and receive a C$20 free bet.â Regardless of whether you win or lose your initial bet, you receive C$20 extra to bet.
Itâs important to understand there is no âno risk matched bettingâ since it is possible to lose both your bets. However, you are twice as likely to win since you have at least two chances to win.
Sports Betting Cashback
You rarely find a cashback bonus as a betting welcome offer for new customers. A free bet offer is more common for newbies.
For loyal players and high rollers, the cashback bonus is a lucrative sportsbook offer many seek, as it will give you a chance to redeem yourself if you lose. Most betting sites offer bonuses better tailored to one type of player, so spending some time to find the perfect online betting site for you is a good idea.
Claim a Sports Betting Bonus for New Customers
Most betting sites give you a welcome bonus when you make your first deposit on their site. Some even offer a sign-up bonus, but itâs not very common for online sports betting. Even though existing customers can often claim a reload bonus or free bets, the value rarely comes close to the first welcome bonus, which is why many players seek new online sports betting sites regularly.
However, itâs essential to research the casino and ensure itâs a safe betting site before making your first deposit. Make sure you read the terms and conditions â which you can learn more about below â so you donât get blinded by seemingly large welcome bonuses.
Compare Betting Bonus Offers
| # | Betting Site | Betting Bonus | Min Odds |
|---|---|---|---|
| 1 | Betinia | 100% up to $150 | 1,50 |
| 2 | Betway | 100% up to $200 | 1,75 |
| 3 | Bethard | 100% up to $100 | 1,80 |
| 4 | Rabona | 100% up to $150 | 1,50 |
| 5 | ComeOn | 100% up to $500 | 1,75 |
Betting Bonuses Terms and Conditions
Finding a bonus without any conditions is impossible, which is also the case with betting bonuses. Reading the terms and conditions is essential to determine which is the best online casinos that payout. Sports betting offers tend to have slightly different terms and conditions than casino bonuses, so itâs worth knowing the difference.
However, letâs begin with the fundamental conditions, found in and consistent in all types of bonuses:
- Time Limit â The bonus needs to be spent and wagered within a time frame, or it will be forfeited.
- Minimum Deposit â You have to make a qualifying deposit higher than a certain amount (often C$10-20) to receive a bonus.
- Maximum Win â Most sites limit the amount possible to win when using a bonus.
- Maximum Bonus â Youâll only receive a bonus up to a certain amount. If you collect a 100% free bet and deposit C$1000, your bonus might only be C$200.
- Max Bet â Even though you get a C$200 free bet, you cannot use the full amount in one single bet. There will be a bet limit, and you need to make several smaller bets.
The most common betting terms and conditions that differ from regular casino bonuses are:
- Wagering Requirement â Even though itâs common in most bonuses, itâs much lower for betting offers. Usually, it will be between 5x-10x.
- Game Limitations â The bonus is often limited to a sport or league, like all NFL or Premier League games.
- Minimum Odds â As a safeguard for the casino, you can rarely make âsafe betsâ using a bonus, and the chosen bet needs to have higher odds. Often this limit is 1.5 or 2.0 but can be higher or lower depending on the site.
â Pro tip: Always Read Terms and Conditions
The biggest mistake made by new players is not reading the terms and conditions before collecting or playing with a bonus. Often, this results in the player not finishing the bonuses before the time limit is up. The bonus can also be removed as the player has broken some of the terms and conditions. You should still take a look at the t&câs for the online betting bonus even though you already read them for the regular deposit bonus.
Even though itâs not as exciting as reading Harry Potter or Lord of the Rings, itâs essential to take a look at them to know what not to do and whether the bonus is worth collecting in the first place. The better the conditions, the more money you can potentially win.
Betting Bonus FAQs
Can I receive free bets without depositing?
It is possible, but itâs very rare to find as most casinos donât offer any no deposit bonuses. A no deposit free bet is often reserved for loyal players and seldom for new players.
What is the best betting bonus Canada?
The answer depends on your playstyle, but most players prefer free bet bonuses. You can read more about them in our article.
Can I win real money from betting bonuses?
Yes, but it requires both luck and patience. Before your bonus gets turned into real money, you first need to fulfil the wagering requirement.
What is a betting bonus?
A betting bonus is an offer given from the betting site to the player, which grants extra playtime for the deposit. New customers can usually claim a sportsbook offer, but also existing customers can enjoy occasional promotions. Please note that conditions apply, such as min deposits and min odds, so make sure you give them a read before claiming the offer.
Which betting sites give bonuses?
You can find a sports betting bonus at most betting sites, such as Betinia, Betway and ComeOn. We recommend you look at our top list to compare welcome bonuses.
How do bonus bets make money?
You need knowledge, luck, and a good strategy to turn free bets and other betting bonuses into real money. Make sure you read the terms and conditions and understand how the bonus works. Take a careful look at the minimum odds to know what type of bets you can make, and use your skills to ensure you play as safely as possible.
Are sportsbook bonuses worth it?
Any sportsbook offer comes with terms and conditions, which you need to read carefully before making a bet. This fine print can turn seemingly great bonus offers quite sour, and in that case, itâs not worth it. However, if you take care to read the conditions and understand the bonus, these offers can give you great value for your money. If you play smart, you can take advantage and turn a sportsbook offer into real money, which is the goal for all players.
Sports Betting Offers â Is it worth collecting?
Yes, without a doubt! However, it depends on the type of bonus and the requirements, since this can turn a good-looking bonus into an ugly one. Make it a routine to read the terms and conditions before collecting online sportsbook bonuses. This way, you can avoid any nasty surprises along the way.
We also recommend you take a minute to think about what type of player you are, as this will determine what type of online betting bonuses you should look for. For most Canadian players, free bets offers are the ultimate choice, but for some, risk-free bets or matched betting is the better alternative. We recommend you read up on the different bonus types to better determine whatâs the best choice for you!
22/02/2022