Best Betting Bonuses 2024
If you’re searching for an excellent betting bonus at a top Canadian sportsbook, then you’ve landed on the right guide. At CasinoGrizzly, we understand how hard it can be to find great bonuses from reliable bookmakers and we’ve compiled an extensive list of excellent betting bonuses you can find at online Canada sportsbooks.
Not only will you come across the best betting bonuses in this guide, but you’ll also find some fantastic tips and tricks to help you understand these bonuses and get the most out of using them.
New Betting Bonus Offers
| Rank | Casino | Cash bonus with 1st deposit | Cash bonus Wagering | Terms and Conditions | Play |
|---|---|---|---|---|---|
| 1 |
|
Cash bonus with 1st deposit
100% up to 500 $ |
Cash bonus Wagering 45x | Read review Play | |
| 2 |
|
Cash bonus with 1st deposit
400% up to 2000 $ |
Cash bonus Wagering 50x | Read review Play | |
| 3 |
|
Cash bonus with 1st deposit
150% up to 400 $ |
Cash bonus Wagering 50x | Read review Play | |
| 4 |
|
Cash bonus with 1st deposit
100% up to 200 $ |
Cash bonus Wagering 45x | Read review Play | |
| 5 |
|
Cash bonus with 1st deposit 100% up to 300 $ | Cash bonus Wagering 45x | Read review Play | |
| 6 |
|
Cash bonus with 1st deposit 200% up to 1500 $ | Cash bonus Wagering 30x | Read review Play | |
| 7 |
|
Cash bonus with 1st deposit
100% up to 1250 $ |
Cash bonus Wagering 45x | Read review Play | |
| 8 |
|
Cash bonus with 1st deposit
100% up to 300 $ |
Cash bonus Wagering 40x | Read review Play | |
| 9 |
|
Cash bonus with 1st deposit
150% up to 30 $ |
Cash bonus Wagering 50x | Read review Play | |
| 10 |
|
Cash bonus with 1st deposit
100% up to 250 $ |
Cash bonus Wagering 40x | Read review Play | |
| 11 |
|
Cash bonus with 1st deposit
100% up to 700 $ |
Cash bonus Wagering 40x | Read review Play | |
| 12 |
|
Cash bonus with 1st deposit
100% up to 100 $ |
Cash bonus Wagering 35x | Read review Play | |
| 13 |
|
Cash bonus with 1st deposit
100% up to 300 $ |
Cash bonus Wagering 40x | Read review Play | |
| 14 |
|
Cash bonus with 1st deposit
100% up to 750 $ |
Cash bonus Wagering 35x | Read review Play | |
| 15 |
|
Cash bonus with 1st deposit up to 2000 $ | Cash bonus Wagering 65x | Read review Play | |
| 16 |
|
Cash bonus with 1st deposit
110% up to 99 $ |
Cash bonus Wagering 40x | Read review Play | |
| 17 |
|
Cash bonus with 1st deposit - | Cash bonus Wagering 0x | Read review Play | |
| 18 |
|
Cash bonus with 1st deposit
100% up to 750 $ |
Cash bonus Wagering 35x | Read review Play | |
| 19 |
|
Cash bonus with 1st deposit 100% up to 750 $ | Cash bonus Wagering 40x | Read review Play | |
| 20 |
|
Cash bonus with 1st deposit
100% up to 100 $ |
Cash bonus Wagering 35x | Read review Play |
Best Betting Bonus Offers
Our Favourite Sportsbooks & Betting Bonuses
There are several online betting sites which excel in terms of the services and bonuses they offer. If you can’t decide which sportsbook to gamble at from our recommended list above, take a closer look at the options below.
1. GreatWin – Overall best site for bonuses
Our first pick is GreatWin. Not only does this platform offer betting services, but it also operates as an online casino and offers a range of games, including slots and live games. You can make bets on all of the top league games, including the NBA, NFL, and the UK Premier League Cup.
GreatWin offers a 100% up to $150 sports welcome bonus for new gamblers. The minimum deposit is C$30, and to actually get the bonus, you must deposit and play through the $30 deposit on bets with odds of at least 1.50. There are also 6x wagering requirements attached to the bonus, and you have to play through your bonus on bets with odds of no less than 2.00 for single sports bets and 1.5 for multi bets.
Aside from a great welcome bonus for new players, existing users can enjoy a weekly reload bonus of 50% up to $750 and midweek free bets for Italian soccer cup matches. However, like the welcome bonus, the reload bonus also comes with strict terms and conditions, which may be restrictive for some gamblers.
2. JeffBet – Free bets every week
At JeffBet you can make wagers on a large selection of sports, including football, ice hockey, basketball, cricket, table tennis, rugby, baseball, volleyball, and tennis. E-sports betting is also available, allowing you to make bets on the latest video game tournaments.
There are great sports betting bonuses available at this site. For example, new players can get a free bet bonus of $30 by depositing just $10. However, there are strict terms attached to the bonus. You must use this $30 on a bet with odds of 1.5 or more and make sure to use the bonus before 7 days; if you fail to do so, you’ll forfeit the bonus bet.
Along with the free bet welcome bonus, you can get free sports bets every Monday and enjoy a $500 tennis cashback promotion. There are also sports betting specials for motorsports, horse racing, and even mixed martial arts competitions.
3. BetVictor – Generous match deposit sports bet
When you sign up at BetVictor, you can receive a $300 matched bet on any bet at odds of evens (2.00). You can use this bonus cash to make one large bet or split it up across several smaller bets on different sports matches.
Unlike at many other sportsbooks, the terms and conditions attached to BetVictor’s welcome match deposit bonus bet are extremely fair. No wagering requirements are attached to it, and there is a high maximum win limit of $25,000. This is much more generous than many of the other sports bonuses we’ve come across. Unfortunately, this is the only current sports promotion available with no cashback or odds boosts bets on offer.
You can bet on many different markets and sports. For example, you can find a range of basketball and hockey games to wager on and enjoy in-game live betting with updated odds depending on gameplay.
4. LeoVegas Sport – Biggest sports welcome bonus
As a new player at LeoVegas Sport, you can get up to $1,000 in free cash and $30 in free bets when you sign up. This large welcome package is split up over three bets; you’ll need to deposit up to $500 on your first deposit and $250 on your second and third deposits to receive the full $1,000 from the casino.
Since the bonus is quite generous, you can expect to find some strings attached. For example, there are 10x wagering requirements attached to each part of the welcome package. So, if you first deposit $500, you’ll need to wager $5,000. For your second and third deposits at $250 each, you’ll need to wager another $5,000, which could be quite costly. You’ll also need to bet on sports bets with odds of 1.8 or more to meet wagering contributions.
Aside from the welcome bonus, there are boost odds called ‘LeoBoosts’, which you can add to your bets to increase your winning amount. These LeoBoosts change daily and are always available for the most popular sporting matches, such as Premier League football games in the UK.
5. QBet – Great odds and stats information
If you’re looking for a betting site with bonuses, fair odds, and detailed game statistics, QBet is an obvious choice. Not a betting site for novices, this sportsbook can help you make the most informed bets by offering real-time odds and statistics for different sporting games, including soccer, rugby, cricket, tennis, boxing, basketball, and baseball.
Although there isn’t a great welcome bonus for new players, there is a weekly cashback betting bonus. You can get up to 5% of your losses back, assuming the amount doesn’t go over $200. This bonus is applicable for all sports at QBet, so you don’t need to worry if you prefer betting on obscure sporting events like Gaelic football.
| Casino | Bonus Offer | Minimum Deposit | Wagering Requirements |
|---|---|---|---|
| GreatWin | 100% up to $150 welcome deposit match bonus | $30 | 6x |
| JeffBet | $30 free bet sign-up bonus | $10 | Variable |
| BetVictor | $300 match deposit bet | None | None |
| LeoVegas Sport | $1,000 & $30 in free bets welcome package | $10 | 10x |
| QBet | 5% of losses back up to $200 cashback | $5 | None |
How We Rate Betting Bonuses
The CasinoGrizzly team works hard to find the best sportsbook bonuses for Canadians. Our experts use the factors below to rate and rank bonus offers so that we recommend the best in the industry.
Bonus amount
We first look at how much the bonus is worth. Obviously, the bigger, the better. However, some match bonuses may require players to spend a lot of money, making them less valuable than smaller-sized free bets. We take all of these factors into consideration and recommend bonuses based on how easy they are to claim and what they offer in return for a deposit.
Minimum odds
You’ll need to use your bonus on sports games with minimum odds attached. We check that these minimum odds are fair and don’t restrict you too much from making bets of your choice.
Wagering requirements
All bonuses have wagering requirements. We look for bonuses with low or no wagering requirements attached so that you don’t need to spend a lot of your own cash to claim and use the bonus.
Validity period
Most bonuses have a validity period of at least 7 days. We don’t recommend bonuses with shorter validity times since this makes it harder for players to use them within the allotted time period.
Sportsbook factors
As well as examining bonus features, we also take a close look at the sportsbook offering the bonus. Areas like security and customer support are important. There should be a live chat and email support service so that players can get in touch with the sportsbook team whenever they need help.
There should also be different betting markets available so that players can make various bets, including moneyline, parlay, in-play and fixed odds.
Different Types of Betting Bonuses
The great part about sportsbook bonuses is that they vary. You will have multiple options depending on the sportsbook or betting platform you gamble at. Every betting bonus has a different purpose and gives players a unique reward, and we’ve outlined some of the common types of free bets and betting bonuses below so you can understand them better.
Free Bets
The best sportsbooks offer free bets to new players and existing players. These bets often give you a specific amount of money, allowing you to make a simple bet, such as a moneyline or an over/under bet on a certain sporting event.
Deposit Match Bonus Sportsbook Offer
A match deposit bonus is a betting offer that gives you the amount you deposit in cash. For example, a sportsbook may have a match deposit offer of 100% up to $50. This means if you deposit $50, you’ll receive a $50 bonus.
No Deposit Sports Betting Bonus
The free bet no deposit betting bonus is one you get immediately after registering at a betting platform, meaning you don’t need to make a deposit. This bonus can be a free bet or cash to make any bet you like. This type of bonus is ideal for players who want to try out a betting platform without investing their money. However, like most bonus offers, it will come with wagering requirements that must be fulfilled before withdrawing earnings.
Welcome Package
Like top online casinos, some betting sites offer welcome bonuses, which are split over several deposits. For example, Neo.bet has a $400 welcome bonus which you can claim over three deposits, and LeoVegas has a $1,000 welcome package split over three deposits.
Profit Boost
This bonus offer is popular among new users. As the name indicates, the casino boosts your potential earnings by increasing the amount you can win. This bonus is typically attached to selected sports games but does allow you to make larger bets than you would usually make, improving your overall payouts.
Odds Boost
Like the profit boost betting bonus, odds boost bonuses give you better odds on certain sports bets meaning you could win more money if you’re successful. The difference between odds boosts and profit boosts is that odds boosts are for use on only one bet, whereas profit boosts can be applied to several games.
Cashback Bonus
The cashback bonus (also known as a refund bonus) offer is similar to the risk-free bet. Here, the sportsbook or online casino refunds a percentage of the money you lose up to a specific amount. This is a great way to get back some of the cash you have lost playing your favourite game.
VIP Bets
If you become a VIP player, you can enjoy exclusive betting bonuses that aren’t available to other players. You’ll usually receive these bonus offers via email or in your sportsbook account and can often enjoy better odds and profits by using these bonuses.
Referral Bonus
If you refer a friend to the sportsbook and they sign up and deposit, you can often receive a referral bonus from the betting site in return. Not all sportsbooks offer these, but some, like Caesars Sportsbook, offer $100 when you successfully refer a friend.
List: Best Betting Bonuses for Canadians
| Bonus | Minimum Deposit | Wagering Requirements | Find it at |
|---|---|---|---|
| $30 free bet | $10 | Variable | JeffBet |
| 100% up to $150 welcome bonus | $30 | 6x | GreatWin |
| $1,000 welcome package and $30 free bet | $10 | 10x | LeoVegas Sport |
| 100% up to $300 match welcome bonus | $10 | 10x | Betway |
| 100% up to $350 deposit bonus | $15 | 5x | Tonybet |
| 100% up to $300 match bet | $2 | 5x | 22bet |
| 5% of losses back up to $200 | $5 | None | QBet |
| 100% up to $250 match bonus | $10 | 1x | 888Sport |
| 100% up to $500 welcome bonus | $10 | 8x | Casumo Sportsbook |
| 100% up to $200 match deposit bonus | $10 | 9x | Mr. Play |
Are there Betting Bonus Restrictions?
Attractive bonuses may sometimes come with hidden terms and conditions, which can lead to you losing money if you’re not careful. To avoid this, you must thoroughly read the bonus terms and conditions before claiming one. Below are a few things to take note of when reading bonus terms.
Minimum Odds
Minimum odds tend to be attached to free bets. You will have to wager on bets with specific odds to use the bonus. You don’t qualify for the bonus if you fail to do this.
Wagering requirements
Wagering requirements are the number of times you will need to wager deposits and bonuses before withdrawing your earnings. For example, if you get a $30 free bet bonus with 10x wagering requirements, you’ll need to spend $300 before you can withdraw any bonus winnings.
Specific events
Sometimes a bonus will only be available for use at a specific event. For instance, a boost odds bonus may only allow you to bet on a certain Premier League game.
Cap on winnings
This is another critical part of bonus conditions. Sometimes a bonus may have a maximum winning limit, meaning you can’t win beyond a specific amount. Even if you win more than the stipulated amount, withdrawing it all will be impossible and you’ll forfeit the extra cash you’ve won.
Why Should I Use a Betting Bonus?
You may be wondering what the benefits of using a free bet or betting bonus are. Well, let us tell you: there are plenty, and we’ve gathered the advantages below so you can learn more about them!
You can try out a new sportsbook
There are many bookmakers available in Canada, and it can be challenging to find a good one that offers plenty of betting options and sports. Many players have rushed to register at a betting site only to realize that the platform isn’t for them.
Using a free bet or betting bonus offer allows you to play at a betting site without investing any cash. If you like the bookmaker, you can continue making bets after that using the bonus – but if you don’t, move on to the next one without losing any money!
Get some extra money for the big game
If you have a good gut feeling about a bet, and want to increase your chances of a big payout, then a free bet or betting bonus is a great way to do so. You can get extra cash to top up your wager.
Not only do betting bonuses allow you to make a larger bet, but if your bet doesn’t go according to plan, it won’t be your money you’re losing!
You can make different bets than you usually would
By using betting bonuses, you can often place bets you ordinarily wouldn’t. For example, if you usually don’t wager on baseball games but see a great odds boost bet offering enhanced odds on an upcoming match, you might want to claim it for fun. You never know, you could end up winning a lot of cash by trying out something new.
Pros & Cons: Free Bets & Betting Bonuses
Although there are many advantages to using sportsbook bonuses (which we explored in the section above), there are also some downsides. Here's a breakdown of the pros and cons of these free bet offers.
Pros
- You can try out bookmarkers for free
- You can make larger wagers than usual
- Minimize your chances of losing more money
Cons
- There are usually wagering requirements
- Free bets are restricted to specific games
- Some free bets and betting bonuses have time limits
- There can be win limits
What Not to Do with a Betting Bonus
If you claim a betting bonus or free bet, don’t make the mistakes below! Doing so could cost you the bonus and any winnings you’ve earned.
- Always check wagering requirements: You may need to spend a lot of money to withdraw winnings or play through your deposit amount once before using the bonus.
- Use the bonus within the allotted time: Most betting bonuses are only valid for a short period. Many sportsbooks require you to use the bonus within 7 days, whereas others expire after 30 days.
- Make sure you make bets with the stipulated odds: Almost all free bet bonuses require you to make bets with certain odds. If you don’t follow the betting rules, you won’t be able to use your bonus and will end up spending your own money.
- Use betting bonuses wisely: Always use bonuses on sports games that you understand well. You’re more likely to succeed if you make a bet on sports that you follow and know the rules of.
How to Claim and Use a Betting Bonus
There are plenty of free bets and bonuses you can find online at great platforms. Here's a step-by-step guide on how you can claim and start using your bonus at one of the top sportsbook's in Canada.
Do I need a Code to Claim a Sportsbook Bonus?
You’ll need a bonus code at some sportsbooks to claim your free bet. For example, at Caesars Sportsbook, you can get up to $1,250 in bonus cash when you sign up as a new user. To claim this lucrative bonus, you’ll need to enter the code ‘COVERSBONUSFULL’ in the bonus code box at the casino cashier.
Some other great bonuses you can claim by using a bonus code include the following:
- BetRivers Sportsbook: Get a CA$500 free bet using bonus code ‘SPORTS’
- William Hill: Get free bets up to CA$250 using bonus code ‘CAN 250’
- DraftKings: Get a deposit match bonus up to CA$1,000 with bonus code ‘WIN’
What Sports Can I Bet on with a Bonus?
You can bet on most sports using a betting bonus. While some promotional offers will dictate which sports you can bet on, others allow you to make bets on any sporting event. Here are some of the most popular sports you’ll be able to use your bonus to bet on:
- Football: Most sites allow you to bet on American football league games like the NFL.
- Basketball: You’ll find a large range of betting options for international basketball leagues, including the NBA.
- Baseball: Most sportsbooks allow players to use bonuses for bets on MLB games across the USA and Canada.
- Soccer: This is probably one of the most popular sports for online bets. Canadian sportsbook offer bonuses for international soccer leagues, including the Premier and Champions League in the UK, La Liga in Spain, and the Serie A in Italy.
- Hockey: Whether you’re a fan of ice hockey or ice sledge hockey, you will definitely be able to use bonus offers on hockey games in Canada.
- Tennis: With tennis tournaments taking place all year long, there are always betting opportunities at sportsbooks.
- E-sports: You’ll also be able to use bonuses on e-sports. Many sites allow you to make e-sports bets on games like League of Legends and Call of Duty.
Betting Sites we Don’t Recommend
You’ll find that not all sportsbooks offer reliable bonuses. We don’t recommend gambling at these sportsbooks for the reasons we’ve provided below.
Players report problems receiving winnings
Customer service is lacking
Slow withdrawal speeds
Some players have reported never receiving payments
Unlicensed
Bad customer support
Find the Best Betting Bonuses Today!
By now, you’ll know that betting bonuses offer numerous benefits. You can use them easily, and they let you play games for free or try out new bookmakers without investing your money. However, you’ll only enjoy these benefits if you bet at a licensed and reputable bookmaker like those on the CasinoGrizzly list.
Check out our recommendations above for access to the best betting bonuses at Canadian online casinos. Choose a bookmaker that suits your needs, and then claim the available bonuses to get your bets off to a good start. Good luck!
FAQs: Betting Bonuses
What is a sport betting bonus?
A betting bonus is a promotional offer that you can claim and use at a sportsbook. There are different types of betting bonuses, including welcome deals, a no deposit sports betting bonus, and free bets. With betting bonuses, you can usually make larger sports wagers and win more money.
How do betting bonuses work?
For some bonuses, you need to make a deposit to claim whereas others are free to claim. Every betting bonus will have terms and conditions which dictate how you can use the bonus and whether you need to wager the bonus amount before withdrawing winnings.
How do you use a betting bonus?
To use a sports betting bonus, you usually need to claim the offer at the sportsbook to add the bonus funds to your account. Using the bonus money, you can then make a bet (or several bets). If you win money, you may need to meet rollover requirements to withdraw winnings earned from the betting bonus.
Why do sportsbooks offer betting bonuses?
There are many reasons why sportsbooks have betting bonus deals. Firstly, they are a great promotional tool and can attract many new gamblers to the site. Sports betting bonuses also reward loyal players and keep them returning for more. These bonuses can also be a great way for sportsbooks to generate more bets on promoted games by offering game-specific free bets.
What is the best betting bonus?
One of the best betting bonuses is the LeoVegas Sport welcome bonus. At this sportsbook, you can claim a match bonus of up to $1,000 and $30 in free bets. Better yet, you only need to deposit $10 to claim the bonus.
What is the difference between deposit match bets and free bets?
A deposit match bonus matches the amount you deposit up to a certain percentage. A free bet is a set amount of money that you can claim to then use on sporting games.
Do you need to make a deposit to receive a bonus bet?
Yes, you generally need to make a deposit to get a betting bonus. However, many casinos offer no deposit bonuses, although these are harder to come across.
Are there any catches to betting bonuses?
Yes, there will generally be terms and conditions attached to sportsbook bonuses. These can include wagering requirements which require you to spend a lot of money to withdraw your winnings.
Which betting sites have bonuses?
Some of the best Canadian sportsbooks with bonuses include LeoVegas Sport, JeffBet, Betway, and 22Bet.
Can you cash out a sportsbook bonus?
No, you usually cannot withdraw a betting bonus. You'll need to use it to make bets at the sportsbook and you'll only be able to withdraw winnings you earn.
Can you get live betting bonuses?
Yes, you can find bonuses for live bets. Many of these are boost odds bets, which offer you better odds during liveplay.
Are betting bonuses trustworthy?
As long as you claim a bonus from a legitimate sportsbook, you can rest assured that it is trustworthy. Always read the terms and conditions of the bonus to ensure that it doesn't have hidden terms that will cost you a lot of money.
Which bets give bonuses?
Sometimes, you can get an odds boost bonus or profit boost bonus. These are certain types of bets that allow you to enjoy better odds or more significant potential winnings and are restricted to use on certain games.
Which betting app is the best for bonuses?
Most of the best sportsbooks offer apps with great bonuses. Some of the best mobile apps with bonus offers include the Betway and 888Sport app.
Is it worth using a sportsbook bonus?
Yes, if you're an avid bettor and want to increase your winning chances, then using a bonus is a good idea. It can give you better odds and allow you to make larger bets with greater payouts.
How long can I use a bonus for?
Most bonus offers are valid for 7 days. However, there are some bonuses that are valid for 30 days.
What is bonus abuse?
Bonus abuse is when a user creates multiple accounts in an attempt to claim a bonus offer more than once. Sportsbooks and casinos look down on this type of behaviour and will ban users from platforms if they are caught trying to play the system and use bonuses several times.
Chief Editor and slot-aficionado Todd Knowles is our go-to guy for everything related to iGaming. Todd has a wealth of online casino knowledge since he has worked in the industry for more than 11 years and in the digital media industry for more than 15 years. In his spare time, Todd is a family man, but still finds time to play his favourite slotmachines.
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