Online sportsbooks across Canada are doing everything they can to get players to register and make deposits since that is keeping them afloat in the fiercely competitive iGaming market. One of the most effective methods of doing this is to offer the best sportsbook sign up bonus deals.
The premise behind the best bookmaker bonuses is simple — give bettors a small reward for registering on the site in the form of free bets, money-back bonuses, no deposit sign up bonuses, etc.
However, not all sign up bonuses are worth your time and money. This is where we come in to save you the trouble of testing the sportsbooks yourself. We have conducted thorough research of online bookies and came up with the best sports bonuses Canada has to offer. We left no stones unturned when it comes to bonus terms and conditions.
To learn about the best sportsbook sign up bonus deals, how to claim them, and where to find them, make sure to keep reading. All the answers are below.
Best Sign Up Bonus Betting Sites in Canada
What good is knowing about the top online bookmaker welcome bonus offers if you don’t know where to find them? The following list presents you with the crème de la crème of betting sites in Canada, where you can find the best sign-up bonus offers, numerous sports and betting markets, reliable payment methods, and responsive customer support.
Each of these sports betting sites has been vetted by our team of experienced bettors and checks all the right boxes when premium sports wagering is concerned, so don’t dally and start your betting adventure on any of these sites now.
LeoVegas100% Bonus Up To $300 *T&C Apply Full terms apply.
22Bet100% Bonus Up To $300 *T&C Apply Full terms apply.
BetWarrior100% Match Up To $300 *T&C Apply Full terms apply.
888sport100% Bonus Up To $200 *T&C Apply Full terms apply.
Betway100% Matched Bonus Up To $200 *T&C Apply Full terms apply.
Spin Sports100% Bonus Up To $200 in Free Bets *T&C Apply Full terms apply.
Sports Interaction100% Bonus Up To $100 *T&C Apply Full terms apply.
10Bet100% Bonus Up To $100 *T&C Apply Full terms apply.
PowerPlayUp To $100 in Free Bets *T&C Apply Full terms apply.
Types of Top Sportsbook Sign Up Bonuses
We have already ascertained that online sportsbook bonuses are small rewards betting sites give out to newly-registered bettors as a way of saying thank you for choosing our site. These bonuses come in many different shapes and sizes, so let’s learn more about them.
No Deposit Sign Up Bonus
As their name suggests, no deposit sign up bonuses are welcome bonuses in which a bookmaker gives you some bonus cash to spend without asking you to deposit any real money.
Many players are unwilling to register an account and make a deposit to unlock the bookmaker deposit bonus deals. For those players and all others, for that matter, betting sites have prepared no deposit welcome bonuses, which are unlocked once you register an account. No deposit required.
Newcomers usually stand to receive between $10 and $30 in bonus cash they can spend on selected matches and selected bets, often with odds higher than 1.5.
Still, some bookmakers will just give you that little bit of bonus cash and let you choose how you want to spend it. But, one thing is certain. To withdraw the bonus and the winnings associated with it, you will have to meet a set of wagering requirements.
Welcome Deposit Bonus
Probably the most ubiquitous form of online bookmakers welcome bonus offers is the deposit sign up bonus. New players who complete the registration process and make an initial deposit will get a portion of that deposit as a bonus. For example, if you have deposited $50 and claimed a 50% deposit match bonus offer, the sportsbook will give you an additional $25 in bonus cash to play with.
You should know that all of these deposit online bookmakers welcome bonus offers have limits on how much you can get for your first deposit. These limits vary depending on the bookmaker and can easily reach $100 or more. You should note that even the best sign up bonus betting sites impose limitations on how much you can get from a deposit bonus. Otherwise, they would soon be out of business for giving out free cash.
Also, if you happen to deposit, let’s say, $300, and opt for a 50% deposit match bonus up to $100, you will only get $100 in bonus cash.
Sometimes, these bookmaker deposit bonus promotions can only be triggered through particular payment methods in a bookmaker’s bid to promote that method or thanks to specific country restrictions. But don’t fret. Top Canadian online payment methods are usually whitelisted for all types of sign up bonus offers.
Deposit welcome bonuses, just like their no deposit counterparts, have specific wagering requirements you need to be aware of. These stand in the way of you withdrawing the deposit bonus, but more on this later.
Sportsbook Match Bonus
When you talk about the best bookmaker bonuses related to deposits, you can’t fail to mention sportsbook match bonus offers. These bonuses are quite similar to regular deposit welcome bonuses since both give you a percentage of your deposit in bonus funds. However, while regular bookmaker deposit bonus offers give you between 50% and 100% of your deposit at best, sportsbook match bonuses give you at least 100% of your initial deposit in bonus cash.
You can even encounter match bonuses that pay 150% or 200% of your first deposit as bonus cash at the best sign up bonus betting sites. Either way, your first payment to the sportsbook will be matched up to a certain amount and give you a much-needed boost.
One of the most coveted forms of online sportsbook bonuses, frequently hailed as the best sportsbook sign up bonus, is the free bets bonus. We have seen that bookies give players the most generous bonuses once they make their first deposits. The free bets bonus is no different.
To get the free bets bonus, you need to make an initial deposit and bet all of it. Once the bet is settled, you will get between $5 and $30 in free bets.
The difference between a free bet bonus and a regular deposit match bonus is that the free bets usually don’t include any wagering requirements. This doesn’t mean you can withdraw the free bets as real cash. It doesn’t work that way. However, the winnings you manage to generate using the free bets will be paid as real cash. You should note that the stake with which you played won’t be included in the final payout, only the profit coming from the free bets.
There are a couple of things related to the free bets offer you need to be aware of. First of all, there is the amount of the deposit, and the first bet you need to place to unlock the free bet offer. If the bookmaker asks too much, for example, a $20 deposit for a $20 free bet bonus, you should think carefully before committing.
Also, some betting markets might be excluded from a free bet bonus offer, such as Asian handicaps or over/under, so you need to pay attention to that as well.
Money-Back or Matched Bonus
Another interesting example of a great betting site welcome bonus deal is the money-back or matched bonus. The rules for claiming this bonus are as straightforward as they come.
When you register an account and make a minimum first deposit, you need to place an initial bet. If you happen to lose this bet, the bookmaker will refund the stake in the form of bonus bets, thus giving you a second chance to win. The winnings from the matched or money-back bonus are paid as real money, so you won’t have to worry about wagering requirements.
There will be specific rules attached to this bonus as well, such as the maximum amount of money you can get back and the size of your first deposit.
Common Sportsbook Sign Up Bonus Terms and Conditions of Use
As we pointed out earlier, there are particular underlying rules for each type of these best sportsbook sign up bonus offers. Players rarely read these rules, which, unfortunately, often leads to disappointment when they realize they can’t withdraw the winnings they had hoped for. To help you avoid such situations, we bring you the most important rules that apply to most bonus bookmaker bets and other online sportsbook bonus deals.
The most critical factor when deciding on a sportsbook bonus should be the wagering requirement attached to it. The wagering or playthrough requirements tell you how many times you need to wager the bonus amount before you can withdraw it and the winnings associated with it as real cash.
For example, if you have claimed a 100% deposit sportsbook match bonus of $50, and the bonus has a 10x wagering requirement, you need to wager $500 in total before you can withdraw the bonus.
The usual wagering requirements in the best sign up bonus betting sites in Canada range between 5x and 50x, but that number is susceptible to change. It would be wise to choose a sign up bonus with a lower playthrough requirement, even if it means you won’t get a substantial reward. A smaller bonus with a lower rollover requirement can be cashed out sooner, and getting real money is what counts.
Another vital stipulation in sportsbook sign up bonuses, especially free bet offers, is the minimum odds requirement. This means that you will have to place a minimum qualifying bet with the indicated odds that can be 1.5 or higher to unlock the free bet bonus.
The minimum odds rule can also apply to the bets with which you meet the general bonus wagering requirements. For example, only bets with odds 1.10 or higher can count towards meeting wagering requirements.
Sportsbook Deposit Bonus Code
When it comes to bookmaker deposit bonus offers, it is not unusual to see that the bookie requires a sportsbook deposit bonus code to be inserted when you make your deposit to trigger the welcome bonus. Bookmaker bonus codes mostly come in the form of letters and numbers that have to do with the particular betting site. You can find these promo codes on review sites and in the sportsbooks themselves.
It is not out of the ordinary for sportsbooks to limit the best bookmaker sign up bonus offers only to those players who make deposits using specific methods. Skrill or Neteller e-wallet deposits have been known to be excluded from bonus deals, so they had to opt for other methods instead. It is essential to read the fine print and make sure your preferred payment method is included in the welcome deposit bonus promotion.
Online bookmaker welcome bonus offers have expiration dates. There’s a period during which players need to meet the wagering requirements and use the bonus funds before they are revoked. The validity period can be as short as 24 hours but usually lasts up to a month. It all depends on the type of bonus and bookmaker. You should pay close attention to this factor when deciding on a bonus.
There are many different types of online sportsbook bonuses out there, and each brings something unique, be it free bets or no deposit bonus cash. To make sure you are genuinely grabbing the best bookmaker bonuses, you need to know what kind of freebies you like and the conditions under which you can use them.
Do all bookmakers offer sign up bonuses?
Do I have to make a deposit to claim the welcome bonus?
Can sign up bonuses be combined?
What types of sign up sportsbook bonuses are there?