Many sportsbooks and betting sites provide bonuses and offers to incentivize users to sign-up. However, all these offers are not created equally. While some sportsbooks have offers that are plain and unexciting, others provide the best betting offers in Canada. Knowing the difference can dramatically impact your betting experience, whether you are using sports betting apps or a desktop version. In this breakdown, we’re going to teach you all you need to know about the top betting offers, the best sportsbook sign-up bonuses, and much more. Ready? Let’s get into it.
Best Betting Offers in Canada
Best Betting Offers
Claim Top 5 Sportsbooks Bonuses
FAQ about Betting Offers in Canada
- How do I get a welcome bonus or free bets?
To find the welcome bonus or free bet, you’ll have to head to the Promotions page on an operator’s website. That is where all the online betting deals are typically displayed. Customers can browse this page on the individual operator’s website to find a variety of the bookmaker’s new offers. - What is a betting offer?
A betting offer is a bonus or a promotion that websites use that is intended to provide some sort of value for bettors. Not all betting offers are the same, and there are many different kinds you can find. The type of betting offers depends on the betting site. - Are betting offers only for new customers?
No! While many people assume that the only offers available are a betting site’s welcome offer. However, most sportsbooks offer a large variety of different bonuses and offers with betting offers Canada rotating throughout the year. Simply pay attention, and you’re sure to find one you’ll enjoy. - Where do I find betting offers?
The betting offers can be found in the Promo section of an operator. Clicking on that section will take you to a page where all the offers are, from Free Bet offers to the best sports betting offers. You can also find many of the offers on their home page, rotating across the screen. - Must I deposit money to qualify for a betting offer?
For the vast majority of offers, yes, you will have to deposit. However, some bookies offer no-deposit bonuses. This is where bettors receive things like free bets or boosted winnings without ever having to deposit. These kinds of bonuses are typically only available to new bettors, but some websites will offer these to existing users as well. - What are the wagering requirements with betting offers?
Wagering requirements are the different rules and structures users have to follow in order to receive their bonus. They dictate how you must spend the bonus. The best bonus bet offers will have wagering requirements that aren’t stringent and don’t hold back the value bettors will get from the offer. You can find the wagering requirements in the terms and conditions sections. - Why do sportsbooks offer bonuses?
The reason sportsbooks offer bonuses is to establish themselves as the best option amongst their competitors. Just about every sportsbook will have bonuses and welcome offers, so bettors will obviously choose the best betting site offers. Websites need to have solid offers to entice new users and compete against other operators. - Can I get my Welcome offer bonus again?
Unfortunately not. This is a rule that most sportsbooks will very much enforce. If you try and get a welcome bonus twice, you will find yourself in hot water and could end up having your betting account terminated. Welcome Offers can only be used once per household in a lot of cases, so be careful.
The Best Betting Bonus in Canada
Sports Interaction
All betting sites welcome offers are different, and some surpass the rest to become the sportsbooks with the best offerings. Sports Interaction has one of those top-notch offerings. Sports Interaction is arguably one of the top legal betting sites in the world, and their bonus delivers big time. They offer a free bet sign-up bonus that is top-notch. It is one of the best free bet sign-up offers you’ll find.
Best Betting Bonuses in Canada
While many sportsbooks claim to have the best betting offers in Canada, this can’t be true for all of them. Finding the best sign-up bonus betting sites and operators with great promotions is no easy task. There are countless sportsbooks that offer solid bonuses, but whether you are using new betting sites or long-established operators, the offerings will differ. There are some that rise above the rest, though, with user-friendly, accessible bonuses. In this guide, we’re going to give you the answers to any questions you may have about welcome offers, bonuses, and more.
Top 10 Betting Bonuses
- Sports Interaction >
Check the Welcome Offer here >Go to Website - 888Sport >
Check the Welcome Offer here > Go to Website - Bodog >
Check the Welcome Offer here > Go to Website - Betvictor >
Check the Welcome Offer here > Go to Website - Betway >
Check the Welcome Offer here > Go to Website - PowerPlay >
Check the Welcome Offer here > Go to Website - ShangriLa >
Check the Welcome Offer here > Go to Website - Fezbet >
Check the Welcome Offer here > Go to Website - Betsafe >
Check the Welcome Offer here > Go to Website - Bet99 >
Check the Welcome Offer here > Go to Website
Best Sportsbook Bonuses
Best Sportsbook Bonus Canada: SIA Vs. PowerPlay Vs. ShangriLa
Sports Interaction
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Sports Interaction is one of the biggest and most popular Canadian betting sites, with some of the best betting special offers and a top-notch user experience. Let’s look at their Welcome Bonus.
Bonus: Please Check the Welcome Offer here >Go to Website
Bonus Pros:
- High overall matched deposit
- Allows 30 days to reach wagering and rollover requirement
- You only need to bet the amount of the deposit to receive Free Bets
- Free Bet winnings paid out in cash
- One of the best Free Bet offers you’ll find on any sportsbook
PowerPlay
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Having launched in 2018, PowerPlay is relatively new to some bettors but has already become a top Canadian destination. It is one of the premier NHL betting sites, with excellent markets for all other sports too. They have one of the best betting sites welcome bonus with substantial offerings.
Bonus: Check the Welcome Offer here > Go to Website
Bonus Pros:
- Significant amount to receive on first deposit
- 8x Rollover is manageable for the average bettor
- Maximum Payout
- 30-day expiration date gives bettors time to fulfill requirements
- One of a few betting sites with free bets in a welcome offer that has a high initial payout
Shangri La
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Shangri La has only become available to Canadians since 2017, but in that time, its found popularity. Known as a betting site up to date with all the latest betting trends, Shangri La also has some top-notch online betting bonus offers, including a great welcome package.
Bonus: Check the Welcome Offer here > Go to Website
Bonus Pros:
- High overall offering
- Huge maximum bonus win amount of $75,000
- Receive both a sportsbook bonus and free spins of the casino
- Live bets with bonus money is allowed
- Allows users to start betting with sign up bonus straight away
Sportsbook Bonus Comparison Table:
![]() | ![]() | ![]() | |
Bonus offer | 5 Stars | 4.5 Stars | 4.5 Stars |
Betting variety | 5 Stars | 5 Stars | 4.5 Stars |
Mobile experience | 4.5 Stars | 4 Stars | 4 Stars |
Payment Options | 4.5 Stars | 5 Stars | 5 Stars |
Betting experience | 5 Stars | 5 Stars | 4.5 Stars |
Support | 5 Stars | 4.5 Stars | 4.5 Stars |
Summary | 5 Stars | 4.5 Stars | 4.5 Stars |
All Betting Bonuses In Canada
Sports Interaction welcome offer
Most sportsbook reviews feature gushing ratings of Sports Interaction, and it is easy to see why. They’re a top-notch, incredible betting site with a lot to offer. Their Welcome Bonus is one of the top betting offers around. It is a 100% Matched Deposit of Up to $500 in Free Bets with a Minimum Deposit of $20.
CATEGORY | SCORE |
Welcome Offers | 5 Stars ⭐⭐⭐⭐⭐ |
Wagering Requirements | 5 Stars ⭐⭐⭐⭐⭐ |
Payment Options | 4.5 Stars ⭐⭐⭐⭐ |
Ease of Claiming Bonus | 5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 4 Stars ⭐⭐⭐⭐ |
Summary | 4.5 Stars ⭐⭐⭐⭐ |
Shangri La welcome offer
Shangri La is a relatively new sportsbook that offers massive coverage, being one of the top UFC betting sites with coverage of just about everything else imaginable. They have a great casino and are one of the top live betting sites as well. Their Welcome Bonus is a 100% Deposit Matched Up to $500.
CATEGORY | SCORE |
Welcome Offers | 5 Stars ⭐⭐⭐⭐⭐ |
Wagering Requirements | 3.5 Stars ⭐⭐⭐⭐ |
Payment Options | 4.5 Stars ⭐⭐⭐⭐⭐ |
Ease of Claiming Bonus | 5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 4 Stars ⭐⭐⭐⭐ |
Summary | 4.5 Stars ⭐⭐⭐⭐ |
Fezbat welcome offer
Fezbet is an up-and-coming sportsbook that many Canadians enjoy, even if it was recently established. It is a secure and reliable operator that provides a lot of fun and some great betting wrinkles. Their current welcome bonus is a 100% Matched Deposit of Up to $150.
CATEGORY | SCORE |
Welcome Offers | 4 Stars ⭐⭐⭐⭐ |
Wagering Requirements | 4 Stars ⭐⭐⭐⭐ |
Payment Options | 4.5 Stars ⭐⭐⭐⭐ |
Ease of Claiming Bonus | 5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 5 Stars ⭐⭐⭐⭐⭐ |
Summary | 4.5 Stars ⭐⭐⭐⭐ |
Powbet welcome offer
Powbet is an intriguing sportsbook with a fun interface, a lot of different wrinkles, and an animated style that makes it fun and exciting. They cover everything and are great as a top option for a variety of sports. They have many promos and some of the best bookmaker deals. Their Welcome Bonus is a 100% Matched Deposit Up to $150.
CATEGORY | SCORE |
Welcome Offers | 4 Stars ⭐⭐⭐⭐ |
Wagering Requirements | 3.5 Stars ⭐⭐⭐⭐ |
Payment Options | 5 Stars ⭐⭐⭐⭐⭐ |
Ease of Claiming Bonus | 5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 5 Stars ⭐⭐⭐⭐⭐ |
Summary | 4.5 Stars ⭐⭐⭐⭐ |
888Sport welcome offer
888Sport is a massive sportsbook with a huge variety of opportunities for bettors. They are known for their many promotional offerings, which include free bets for existing customers and much more. Their Welcome Offer is a 100% Matched Deposit Up to $300 with a Minimum Deposit of $10.
CATEGORY | SCORE |
Welcome Offers | 4.5 Stars ⭐⭐⭐⭐ |
Wagering Requirements | 3 Stars ⭐⭐⭐ |
Payment Options | 4.5 Stars ⭐⭐⭐⭐ |
Ease of Claiming Bonus | 5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 5 Stars ⭐⭐⭐⭐⭐ |
Summary | 4 Stars ⭐⭐⭐⭐ |
Betway welcome offer
If you want to bet with a long-established, high-quality sportsbook, Betway is for you. They are secure, easy to use, and fun, with a lot of different ways to bet. They are known as an extensive sportsbook and one of the top soccer and NBA betting sites around. They have some of the best betting offers today, including a Welcome Bonus that is a 100% Matched Deposit Up to $300.
CATEGORY | SCORE |
Welcome Offers | 4.5 Stars ⭐⭐⭐⭐ |
Wagering Requirements | 4 Stars ⭐⭐⭐⭐ |
Payment Options | 4.5 Stars ⭐⭐⭐⭐ |
Ease of Claiming Bonus | 5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 5 Stars ⭐⭐⭐⭐⭐ |
Summary | 4.5 Stars ⭐⭐⭐⭐ |
PowerPlay welcome offer
PowerPlay brings the action. It is a relatively new betting site but has quickly become a staple of the industry. PowerPlay has a great layout and provides a lot of fun options for bettors, and is one of many betting sites with welcome bonus offers. Their Welcome Bonus is a 100% Matched Deposit Up to $500.
CATEGORY | SCORE |
Welcome Offers | 5 Stars ⭐⭐⭐⭐⭐ |
Wagering Requirements | 3.5 Stars ⭐⭐⭐ |
Payment Options | 5 Stars ⭐⭐⭐⭐⭐ |
Ease of Claiming Bonus | 5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 4.5 Stars ⭐⭐⭐⭐ |
Summary | 4.5 Stars ⭐⭐⭐⭐ |
Royal Panda welcome offer
Royal Panda is a big website with a lot to offer. They have strong security, a great variety of options, and a huge casino. The website design isn’t for everyone, but the content of it is solid, and will find a lot of happy bettors. Their Welcome Package is a 50% Matched Free Bet of Up to $50.
CATEGORY | SCORE |
Welcome Offers | 2.5 Stars ⭐⭐ |
Wagering Requirements | 4.5 Stars ⭐⭐⭐⭐ |
Payment Options | 4 Stars ⭐⭐⭐⭐ |
Ease of Claiming Bonus | 4.5 Stars ⭐⭐⭐⭐ |
Existing Customer Offers | 4 Stars ⭐⭐⭐⭐ |
Summary | 3.5 Stars ⭐⭐⭐ |
LeoVegas welcome offer
LeoVegas started as a virtual casino but has rapidly grown and recently launched a sportsbook that is available to Canadian bettors. It is a big website with a lot to uncover, including a lot of promotions, plenty of markets, and much more. Their welcome bonus is a Matched Deposit of Up to $1,000 with a $75 Free Bet.
CATEGORY | SCORE |
Welcome Offers | 5 Stars ⭐⭐⭐⭐⭐ |
Wagering Requirements | 4.5 Stars ⭐⭐⭐⭐ |
Payment Options | 3.5 Stars ⭐⭐⭐ |
Ease of Claiming Bonus | 5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 4 Stars ⭐⭐⭐⭐ |
Summary | 4.5 Stars ⭐⭐⭐⭐ |
Unibet welcome offer
Unibet is a sports betting website that will keep gamblers occupied indefinitely. They have boosted odds, a long track record of reliability, and a presence in over 100 countries. They have a solid welcome package, which consists of a 100% Free Bet Match Up to $250.
CATEGORY | SCORE |
Welcome Offers | 4 Stars ⭐⭐⭐⭐ |
Wagering Requirements | 4 Stars ⭐⭐⭐⭐ |
Payment Options | 4.5 Stars ⭐⭐⭐⭐ |
Ease of Claiming Bonus | 4.5 Stars ⭐⭐⭐⭐ |
Existing Customer Offers | 4 Stars ⭐⭐⭐⭐ |
Summary | 4 Stars ⭐⭐⭐⭐ |
Tiger Gaming welcome offer
Tiger Gaming presents a ferocious option that has a lot of features that will give bettors a reason to get started. They have cryptocurrency betting, a great loyalty program, and so much more, so you’ll find yourself loving this sportsbook straight away. The Welcome Package is a 100% Matched Deposit of Up to $1,000.
CATEGORY | SCORE |
Welcome Offers | 5 Stars ⭐⭐⭐⭐⭐ |
Wagering Requirements | 3 Stars ⭐⭐⭐ |
Payment Options | 5 Stars ⭐⭐⭐⭐⭐ |
Ease of Claiming Bonus | 3.5 Stars ⭐⭐⭐ |
Existing Customer Offers | 4 Stars ⭐⭐⭐⭐ |
Summary | 4 Stars ⭐⭐⭐⭐ |
Bethard welcome offer
Bethard is a well-known operator that was founded in 2012 and has rapidly become a gambler’s dream. They have extensive unique features, from daily fantasy to prop betting. They don’t have many sports promotions but do provide a Welcome Package of a 100% Matched Deposit Up to $100.
CATEGORY | SCORE |
Welcome Offers | 3.5 Stars ⭐⭐⭐ |
Wagering Requirements | 4 Stars ⭐⭐⭐⭐ |
Payment Options | 4.5 Stars ⭐⭐⭐⭐⭐ |
Ease of Claiming Bonus | 5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 3.5 Stars ⭐⭐⭐ |
Summary | 4 Stars ⭐⭐⭐⭐ |
KTO welcome offer
KTO is one of many operators that launched within the past several years. They got started in 2018 and have attracted a global audience due to their dependability, array of markets, and easy-to-navigate website that provides some good fun. Their Welcome Package is a $50 Risk-Free Bet.
CATEGORY | SCORE |
Welcome Offers | 3 Stars ⭐⭐⭐ |
Wagering Requirements | 5 Stars ⭐⭐⭐⭐⭐ |
Payment Options | 4.5 Stars ⭐⭐⭐⭐ |
Ease of Claiming Bonus | 5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 3 Stars ⭐⭐⭐ |
Summary | 4 Stars ⭐⭐⭐⭐ |
Bodog welcome offer
Bodog is a long-established sports betting website that has been on the scene since the 90s. It is known for its many bonuses and as a betting trends sportsbook that stays on the cutting edge, even after decades in the industry. Their Welcome Bonus is a $400 Matched Deposit with 50 Free Spins.
CATEGORY | SCORE |
Welcome Offers | 5 Stars ⭐⭐⭐⭐⭐ |
Wagering Requirements | 4 Stars ⭐⭐⭐⭐ |
Payment Options | 5 Stars ⭐⭐⭐⭐⭐ |
Ease of Claiming Bonus | 5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 5 Stars ⭐⭐⭐⭐⭐ |
Summary | 5 Stars ⭐⭐⭐⭐⭐ |
Bet99 welcome offer
Bet99 is a big operator with lots of options for bettors. They have a great-looking website, include fun features like giveaway contests, and are modern, with crypto betting. Their Welcome Offer is a 100% Matched Deposit Up to $500.
CATEGORY | SCORE |
Welcome Offers | 5 Stars ⭐⭐⭐⭐⭐ |
Wagering Requirements | 4.5 Stars ⭐⭐⭐⭐⭐ |
Payment Options | 4.5 Stars ⭐⭐⭐⭐ |
Ease of Claiming Bonus | 5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 5 Stars ⭐⭐⭐⭐⭐ |
Summary | 4.5 Stars ⭐⭐⭐⭐⭐ |
BetVictor welcome offer
BetVictor is one of the oldest betting brands in the world. It has existed in iterations since the 1940s, although obviously not online. BetVictor is fun, intuitive, and has great features to enjoy. Their Welcome Package is a Matched Free Bet of Up to $300.
CATEGORY | SCORE |
Welcome Offers | 4.5 Stars ⭐⭐⭐⭐⭐ |
Wagering Requirements | 5 Stars ⭐⭐⭐⭐⭐ |
Payment Options | 3.5 Stars ⭐⭐⭐ |
Ease of Claiming Bonus | 4.5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 3.5 Stars ⭐⭐⭐ |
Summary | 4 Stars ⭐⭐⭐⭐ |
TonyBet welcome offer
TonyBet is a betting site that recently found popularity in Canada. They have an extensive website that has a lot of live betting quirks and other fun options that make them unique. Their Welcome Package is a 100% Matched Deposit Up to $150.
CATEGORY | SCORE |
Welcome Offers | 4 Stars ⭐⭐⭐⭐ |
Wagering Requirements | 3.5 Stars ⭐⭐⭐⭐ |
Payment Options | 5 Stars ⭐⭐⭐⭐⭐ |
Ease of Claiming Bonus | 4.5 Stars ⭐⭐⭐⭐ |
Existing Customer Offers | 4 Stars ⭐⭐⭐⭐ |
Summary | 4 Stars ⭐⭐⭐⭐ |
20Bet welcome offer
20Bet was launched in 2020 and has carved out a big share of the market due to its extensive markets and sports coverage, promotional offerings, and user-centric features. The Welcome Package they provide is a 100% Matched Deposit of Up to $150.
CATEGORY | SCORE |
Welcome Offers | 4 Stars ⭐⭐⭐⭐ |
Wagering Requirements | 4.5 Stars ⭐⭐⭐⭐⭐ |
Payment Options | 4.5 Stars ⭐⭐⭐⭐ |
Ease of Claiming Bonus | 4.5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 4 Stars ⭐⭐⭐⭐⭐ |
Summary | 4 Stars ⭐⭐⭐⭐⭐ |
Neo.Bet was started in 2018 and experienced a meteoric rise to popularity because of its ability to cater to different audiences with its huge sports coverage. They also are one of the operators with the best betting offers in Canada. They provide a 100% Matched Deposit Up to a total of $400 on the First Three Deposits.
CATEGORY | SCORE |
Welcome Offers | 4 Stars ⭐⭐⭐⭐ |
Wagering Requirements | 4.5 Stars ⭐⭐⭐⭐⭐ |
Payment Options | 4.5 Stars ⭐⭐⭐⭐ |
Ease of Claiming Bonus | 4.5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 4 Stars ⭐⭐⭐⭐⭐ |
Summary | 4 Stars ⭐⭐⭐⭐⭐ |
GG.Bet welcome offer

If you are someone that enjoys video games and betting on eSports, GG.Bet is an operator that is trying to be the leader in this area. They offer huge coverage and sponsorships of a variety of different eSport markets. Their Welcome Package is a 100% Matched Deposit Up to $300.
CATEGORY | SCORE |
Welcome Offers | 4.5 Stars ⭐⭐⭐⭐ |
Wagering Requirements | 3 Stars ⭐⭐⭐ |
Payment Options | 4.5 Stars ⭐⭐⭐⭐ |
Ease of Claiming Bonus | 5 Stars ⭐⭐⭐⭐⭐ |
Existing Customer Offers | 4 Stars ⭐⭐⭐⭐ |
Summary | 4 Stars ⭐⭐⭐⭐ |
How to Choose Your Betting Offer
Before you ever deposit and sign up with a website, you are going to have some decisions to make. There are so many great betting bonuses. There are countless sportsbooks on the internet, and just about all have a deposit bonus. Some betting sites offer no deposit bonuses, so bettors don’t even have to deposit at all. There are so many options that you are going to have to choose from that narrowing it down can feel like a hassle. Luckily, there are different aspects of a bonus that should help you determine whether or not you want to use them. These factors alter the value of the offer and change how the bonus works. Let’s look at some of the details that should determine whether or not you use a bonus.
💰 Bonus Value
This is a simple part of the choosing process and typically what draws users to one welcome package over any other. The bonus value is the offering that a sportsbook provides. For example, the Sports Interaction bonus value is up to $500. Every sportsbook will have different values and different formats. Some come in the form of Free Bets, some as Bonus Funds. There are also different maximum values that bettors can win from promotions. This means that there is a cap to the value of real money you can receive from a bonus.
🏧 Wagering Requirements
Wagering Requirements are the most important of all the terms and conditions you’ll find on sportsbooks. Wagering Requirements define how you come to receive the promotion. Sportsbooks very rarely pay the promotions out in straight cash, they are in the form of bonus funds, and you need to follow wagering requirements to turn them into real money or be able to access winnings from them. Wagering requirements are the different betting spends you must do to see the money. The most common form is a rollover requirement, which makes bettors spend a certain amount of money (usually a multiple of the deposit) before they see the promotion.
📊 Minimum Odds
Minimum Odds are tied to Wagering Requirements as a restriction that governs how you can use the bonus or even how you can access it. Minimum odds are the restriction that governs the lowest probabilities a bettor is allowed to bet on for their bet to be considered eligible for wagering requirements. A typical minimum odd for a bonus will be -200. This is because sportsbooks don’t want users to meet the rollover and wagering requirements by betting on heavy favourites that are likely to pay out. Minimum odds can also impact what you are allowed to bet the bonus funds on.
🗓️ Expiry Date
Expiry dates play several roles when it comes to welcome offers. They are exactly what they sound like, specific dates where bonuses can no longer be used or accessed. Typically, how an expiry date will work is that they are certain time spans in which you must meet wagering and rollover requirements. If you don’t reach the requirements within these time periods, you forfeit the bonus and any winnings associated with it. A typical expiry date will be anywhere from seven days to thirty days, depending on the operator. Some bonuses have expiry dates from when you sign up to when you can claim the bonus, so if you sign up and don’t deposit, you might lose out on the bonus.
💸 Exempt Markets
Sportsbooks are particular about how you use your bonus, as they want to protect themselves from users receiving too much of an advantage. One of the ways they do that is by exempting certain markets from wagering requirements or bonus spending. This means they don’t let you bet on certain markets with your bonus money, or if you bet on those restricted markets, the bet doesn’t count towards your wagering requirement. The markets that are exempt depend on the sportsbook, but you’ll typically find things like cashing out, system bets, and other similarly advantageous markets restricted. Some sportsbooks will even restrict single bets, so users have to place parlays to reach the wagering requirements.
How to Claim Your Sportsbook Bonus?
If you want to find the top betting offers, you’re going to have to look in the deposit bonus section for many sportsbooks. Deposit bonuses are where many sportsbooks feature their biggest bonuses, including their welcome packages. But if you want to get a deposit bonus, you’re going to have to figure out how to get your hands on one of the packages provided by an operator. Claiming a deposit bonus is simple and mostly pretty intuitive. If you’ve never done it before, don’t worry. Here’s a quick guide to claiming one of the many deposit bonuses you can find online.
Claiming a Deposit Bonus
- Choose a Bookie with a Deposit Bonus: This is the most important part of the process. Just about every sportsbook will have a deposit bonus available; the key is selecting the one that has the best one for you. Always look at the terms and conditions, especially the wagering requirements, before deciding which option to go with. Check out a bunch of different options before you make up your mind.
- Sign Up and Make A Deposit: Signing up with sportsbooks is usually a painless process that won’t take up too much of your time. Typically, the sportsbook will require things like your name or address and other personal details that verify your location, identity, and age. Then, make a deposit. Most sportsbooks make it as easy as possible for users to make deposits.
- Select the Claim Bonus Option: When you are depositing, most sportsbooks will have an option that you can click on that says something like “Claim Sports Deposit Bonus .”Click on this if that is the case. Other sportsbooks will use bonus codes, where you input a specific code to receive the bonus. Either way, it should say in the terms and conditions.
- Receive Your Deposit Bonus: This is the fun part! You get the bonus; now you can enjoy it and spend it to make some serious money on the operator of your choice. Follow the wagering requirements, and you can see the benefits of the promo.
How to Claim a Free Bet Bonus?
A Free Bet Bonus is a great perk that websites offer. The primary difference between a matched deposit and a Free Bet is that a Free Bet will oftentimes be limited. While matched deposits allow bettors to spend the money how they choose, Free Bets can sometimes be limited by sport, market and are often limited to a certain betting amount. However, it is much easier to receive your money with a Free Bet than a Matched Deposit, as Free Bets have less stringent rules. Let’s look at how bettors can claim a Free Bet Bonus.
- Choose a Bookie with a Free Bet: Finding a Free Bet bonus is an important first step in the process. Many sportsbooks offer Free Bet bonuses, some as first deposit bonuses and others as rotating options. Search online to find a Free Bet option that has a high value and doesn’t have strict terms and conditions, and you can see a significant benefit.
- Make a Deposit: Unless it is a no deposit bonus, in which case you don’t have to. But typically, in order for you to access a promotion like this, you’ll need to have deposited and bet with the sportsbook in the past. Read the terms and conditions to see how much you need to deposit in order to be eligible for the bonus, and follow the instructions to deposit.
- Make Qualifying Bet: Follow the guidance of the operator’s terms and conditions and bonus instructions. This will explain what type of bets are qualified to be Free Bets. Just because it says, Free Bet in the promotion title doesn’t mean it can be bet on anything. You need to find out what the rules for the bet are. For example, many Free Bets work like: Free Bet of $15 on NFL parlays with odds of +300 and above.
- Enjoy Your Free Bet: Enjoy the bet! You can win big with Free Bets, so have fun and keep your fingers crossed.
Types of Betting Offer
Promotions from sportsbooks are a unique thing. There are countless sportsbooks on the internet, each trying to stand out in a massively crowded marketplace. One of the best ways to do that is by having fun and exciting promotions. Sportsbooks try and stand out from one another by offering different kinds of betting offers. There is a wide variety of great betting offers across operators, many with unique formats and styles. From enhanced winnings to risk-free bets, there are a great variety of options, each with different advantages and uses. Let’s explore some of the different types of betting offers you can find online.
💰 First Deposit Bonus
The first deposit bonus is what you’re going to find for just about every operator’s welcome offer. Many will mix it up and try something different, but well over 75% of sportsbooks will provide a first deposit bonus as their initial offering. What this is, is a bonus that provides a reward to bettors for their first deposit. Most of the time, it comes in the form of a matched deposit. This means bettors receive a certain amount of money matched to their deposit. This money can come in the form of a free bet or bonus funds. This is intended to incentivize users to deposit with an operator.
💰 No Deposit Bonus
While fist deposit bonuses are exceedingly common, no deposit bonuses are exceedingly rare. They are bonuses operators provide for their users, even if they haven’t deposited with the operator yet. There aren’t many betting sites with a free sign-up bonus. That’s because there is the biggest margin for a sportsbook not to see good results. A first deposit bonus makes users deposit, while a no deposit bonus only makes them sign up. Typically, only a massive sportsbook with a big user base can afford to have a promotion like this. They are rare but highly useful if you can find them.
💰 Free Bets
While matched deposits put money into your account for you to do as you please, free bets have a slightly different format. A Free Bet is a promotion that a sportsbook offers that allows users to receive virtual money that goes to a free bet selection. Free Bets can’t be withdrawn, but most of the time, the winnings from the bet will go right into users’ accounts, so they can be withdrawn. Sometimes, the Free Bet options are allowed to be in any sport and any market, but most of the time, they are limited. For example, it will be something like a Free Bet of $20 on any NFL Three-Legged Parlay.
💰 Risk-Free Bet
A Risk-Free Bet is extremely similar to a Free Bet but has a couple of minor differences that set it apart. Both are advantageous to bettors and allow them to play with house money. A Risk-Free Bet will operate much the same as a Free Bet. Bettors will be allowed to place a bet of up to a certain amount with no risk of losing any of their own money if the bet doesn’t hit. Typically, if a risk-free bet doesn’t hit, the amount lost will be returned to users as a bet credit or a free bet. The primary difference from a Free Bet is that when free bets hit, a lot of the time, bettors get both the cash staked from the bet and the winnings, while this isn’t the case with a Risk-Free Bet.
💰 Enhanced Winnings
While Free Bets and matched deposits are advantageous and straightforward, so to are enhanced winnings. The good thing about enhanced winnings is that a lot of the time, bettors will receive huge payouts that only serve to augment the winnings they’ve already made. How enhanced winnings work is that sportsbooks determine what percentage the winnings are enhanced by, and for each win you get under the parameters of the promotion, your winnings will be boosted. For example, some sportsbooks offer enhanced winnings of 10% of NBA bets for a day. This means, if you place an $1,000 NBA bet and win, you earn an additional $100.
Completing Wagering Requirements
Wagering requirements are the rules that govern how bonuses can be used and what it takes to receive them. These are extensive terms that simply must be followed in order for a bonus to be received and used. They are a condition on a promotion that completely alters the usage of it, and it is important that you are educated and aware of what they are, how they work, and how to live up to those requirements.
There are multiple facets to a wagering requirement that are critical to be aware of. To make it easier, why don’t we look at an example? Let’s take a big sports betting bonus from a well-known operator and look at what that bonus’ wagering requirements are.
For this example, let’s check out the bonus offering from 10Bet, and see how the wagering requirements impact it. The Welcome Bonus is a 100% Matched Deposit Up to $100. The Wagering Requirements are that you must bet your qualifying deposit and bonus 5x on single sports bets with odds of at least 1.8 or settle combo bets with odds of 1.4 per selection before you can withdraw your bonus funds.
Let’s break this down one at a time. First, the rollover requirement. What this is, is the amount of times over you need to bet before you can see real money from your bonus. This is how sportsbooks protect themselves from users signing up, receiving a bonus, and withdrawing it. It makes it so you have to spend a significant amount of money before you can see real money from a bonus. In this case, the rollover requirement is 5x the amount of the eligible deposit and the bonus combined. For a $100 bonus, if you deposited the full eligible $100, that means you’d have to bet $1,000 before you could withdraw the bonus or associated winnings because $100+$100×5=$1,000.
For the last part, which is the different odds requirements, these are the lowest possible odds you are allowed to bet in order for a wager to be considered a part of the rollover requirement. If this weren’t in place, bettors could just bet $1,000 on a team with a massive probability of winning and withdraw the bonus fund. This requirement limits the odds on eligible bets.
Overall, wagering requirements limit how users can access bonuses and protect operators from people taking too much advantage of their welcome offers.
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Bonus Codes
While for many bonuses, users have to opt-in to receive them via a portal where you click on the offer, this isn’t the case for all bonus offerings. For many bonuses, there are certain codes that can be entered instead. These Bonus Codes are different phrases and letter/number combinations that, when entered during a deposit, will give you access to the bonus. Bonus codes make accessing welcome offers easy, as they give you a clear-cut roadmap to follow to get the promotion you want. There is often a good deal of confusion around claiming bonuses, but with a code, simply enter it when you deposit, and you will get the offer you want.
Casino Bonus
While this article is primarily about sportsbook bonuses, most operators tend to have both a sportsbook and a casino that they pay equal attention to. That means that most operators will provide casino bonuses to their users. Casino bonuses provide the same opportunities that sports betting bonuses do. They give bettors additional winnings, free bets, and new ways to interact with their favourite games that are more in their favour. There are a great variety of casino bonuses ranging from free spins of slot machines to exclusive loyalty clubs that payout massive prizes for every bet bettors make. Typically, there are even more casino bonuses than sports bonuses, and they can give punters some huge wins.
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