Canadian sportsbook bonuses

When signing up at Canadian sportsbooks you will be given the opportunity to claim a welcome package or sign-up bonus, which can come in many different forms. This article will run you through the best bonus offers for Canadian dollar deposits and the different types available on the internet in 2018.

Best betting sign-up offers for Canadians

This section will tackle the bonus offers available at the sportsbooks that the WorldGamblingList endorses for Canadians. We will update this page regularly and from time to time we will have new offers available, so be sure to bookmark the page and check back when you are looking for a boost to your betting bankroll.

Leo Vegas Casino Bonus

Leo Vegas sports welcome bonus

The offer: 100% up to $200
Our rating: B+
Type: Matched deposit offer
Turnover requirement: 8x
Other key wagering requirements: To clear wagering requirements you must bet on odds of 1.5 or more. Maximum eligible deposit amount is $200. One bonus per household. Neteller and Skrill deposit are excluded.

LeoVegas is more widely known in Europe and the United Kingdom than in Canada, but this gambling company has quickly made an impression in Canada. The bonus on offer does not have any hidden terms and conditions and the 8x wagering requirement is fair.

Bet Online Bonus

BetOnline bonus

The offer: 50% up to $1000
Our rating: C
Type: Matched deposit offer
Turnover requirement: 15x
Other key wagering requirements: Minimum deposit of $25. Skrill and Neteller deposits excluded. Must have used any other free plays before receiving this one. No withdrawals for 30 days after claiming this promo.

The decision to add in a clause that stops you from withdrawing from your account for 30 days after receiving this promo is a deal-breaker for many. Definitely be prepared for this clause if you choose to claim the bonus.

Sports Interaction

SportsInteraction bonus

The offer: 100% up to $100 CAD
Our rating: B
Type: Matched deposit offer
Turnover requirement: 10x
Other key wagering requirements: Valid for 30 days from time of sign-up. Can only be used on sports bets and wagering requirements won’t be cleared with any other pursuit.

Licensed in Canada, SportsInteraction has a nice bonus offer for new members. There are no horrible hidden terms in the fine print and we endorse taking advantage of this bonus wholeheartedly.

Guts.com Bonus

Guts.com bonus

The offer: 100% up to $100
Our rating: B
Type: Matched deposit offer
Turnover requirement: 6x at minimum odds of $2
Other key wagering requirements: Only bets with a stake of up to $100 will count towards wagering requirements, any bets over will void the bonus. Unable to claim when depositing with Skrill, Skrill 1 tap, Neteller and Paysafecard. Must be used within 30 days of receiving the bonus.

Guts.com has more than 30,000 daily markets to choose from, including on many of the most popular sports Canadians bet on, such as football and basketball. We think the bonus offer terms are fair and well worth your time if you are looking for a small denomination bonus.

Types of sportsbook bonuses

The vernacular surrounding sports betting and bonus offers has changed, with regulation largely stamping out the use of the term “free bet”. However, there are still plenty of different bonuses and promotions available to Canadian sports bettors. Here are some of the most common you will come across.

Sign-up bonus: Could be called a welcome package or deposit bonus. These generally happen when you open a new account. The sportsbook will match your first deposit anywhere from 25% to 200%. These bonus will come with wagering requirements that you must clear before you can withdraw your winnings.

Reload bonuses: This is a bonus you will receive after you have exhausted a welcome bonus. Often the matched bonus offer will not be as big as your welcome bonus, but anything for free is good, right? Not all sportsbooks will have a reload offer, while others will just have offers when big events are on.

Free bet bonuses: These usually work when you place your first bet. The website will give you a free bet of the same value to place on another sporting or racing event. Be aware that you generally don’t get the stake back if you win on your free bet. Winnings are often subject to wagering requirements.

Cash back / Percentage of loss: Some sportsbooks will give punters money back on their losses on a weekly or monthly basis. Often it will be 3% or 5% which can add up quickly if you are a big bettor.

No deposit bonus: We have seen it out there in 2018 – a sportsbook genuinely giving you a bet for nothing. We will keep you posted.

Can I claim a welcome package with every CAD deposit method?

Often in the fine print of an online betting site it will say that you cannot claim a bonus offer if you make the deposit with a certain method. Skrill and Neteller are some examples of this. This is because there are greater fees associated with some deposit methods and the gambling company is trying to keep the costs down.

Are sportsbook bonuses legal in Canada

Yes, they are perfectly legal and many sites licensed by our very own Kahnawake Gaming Commission offer welcome packages. The WorldGamblingList.com watches the industry closely in Canada and will update this page if legislation outlaws bonus offers like it has in several other countries.

How do wagering requirements work?

In theory wagering requirements are put on a bonus bet to stop the punter from simply withdrawing the money as soon as they receive it. However, they have become somewhat of a way for some online sportsbooks to stop the punter actually profiting from the bonus offer. It really does pay to go into any bonus offer with your eyes wide open.

EXAMPLE:

A 100% sports betting bonus up to $100.

The punter deposits $100 and receives his $100 bonus which has a 5x turnover requirement on both the first deposit and the bonus amount. So to clear the wagering requirement you must make $1000 worth of bets (5 x $200 = $1000).

Not all wagering requirements will include the original deposit, but you get the drift; the sportsbook might include it and it will make it much harder for you to walk away a winner.

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