Home Betting The Best Sportsbook Bonus in Canada 2024
Jack Schiffko

Sportsbook bonuses can often provide extra assistance when it comes to placing bets and extending your gambling session. These can come in a variety of formats, including free bets, bonuses on top of deposits, and there is even the chance to engage in online sports betting with no deposit bonus rewards. Here, we will look at the best sportsbook bonus offers that you can claim, as well as the online platforms that serve as the best options to join for such perks. And we’ve got all the details on how to get started with claiming such offers, too!

Top 10 List of the Best Sportsbook Bonus Sites in Canada 2024

We thought it would be ideal to start out with informing you on what we consider to be the best online sportsbooks for bonus offers in Canada. Here, you can see the rundown of our top 10 list of sports betting sites, and a bit of a hint at the area(s) that they excel in. Why not take a look at these sites and see if they stand out as the best for a sportsbook bonus to you?

  1. PowbetExcellent selection of newcomer and ongoing promotions
  2. BetOnlineSports reload bonus on every deposit of $250 or more
  3. BodogEnhanced Bitcoin deposit bonus
  4. XBet – Achievable wagering requirements on bonuses
  5. MyBookie – Choice of a welcome bonus or 10% cashback
  6. Sportsbetting.ag – Massive choice of sports betting bonuses and promotions
  7. Sports Interaction – Incorporating Daily Odds Boost perks
  8. BetVictor – Triple your returns sports welcome offer
  9. Slotimo Bet – C$40 free bet and C$75 in free bet tokens every month
  10. Powerplay – Exclusive bonuses for bettors to claim on various sports

Best Sportsbook Sign Up Bonus Offers

Signing up to an online sportsbook requires a simple registration process to take place, and once you proceed with verifying your account, you can usually look forward to receiving exciting bonus rewards. In this respect, we thought it would be ideal to give you some insight and information on the best sportsbook sign up bonus offers, as well as details about the different types of bonuses you may find.

Sportsbook Deposit Bonus Match

welcome match bonus at Bodog online sportsbook

The most common type of way to welcome people to an online gambling site is via a match bonus. This requires you to sign up for an account at a platform and then proceed with making your first deposit. A match bonus will then, as the title of it suggests, match the amount you deposit in bonus funds. So, if you get a 100% bonus on a C$200 deposit, you receive an extra C$200 in bonus funds, equating to a total of C$400 to begin betting with. It is always vital to check into the terms and conditions surrounding a bonus of this nature so that you know about wagering requirements, maximum bet amounts, and so on.

One of the best sportsbook bonus offers available to newcomers can be found at the Sportsbetting.ag site. There, you will be able to receive a 50% match reward up to $1,000 on top of your initial deposit.

Cashback Offer

first deposit cash bonus at Mybookie

There are those sportsbooks that also provide alternatives to welcome bonuses, instead offering cashback to you to experience. Sometimes this is given to you on the net losses that you make in your first week or two at the platform, and is rewarded in the form of a percentage. Let’s say you get a 10% cashback perk on net losses in your first week of betting at a sportsbook. You unfortunately lose C$100 in that week, so the sportsbook gives you C$10 in cash rather than bonus money. This can be instantly withdrawn or used for more sports bets.

If you join the MyBookie online sportsbook, there is a 10% cashback perk, although this is provided in relation to your first deposit. So, if you deposit C$500 for the first time, then the site gives you 10% back in cash (C$50), and there is a wagering requirement of just 1x to complete.

Mobile Sports Bet Reward

mobile sports betting reward at BetOnline

Some sites really do want to reward their players for choosing to place bets via a mobile device. In doing so, they will provide specific rewards for mobile bettors to take advantage of when placing their very first wager this way. This can come in the shape of a free bet, a bonus or anything else, and it just requires you to make a bet from your mobile device.

BetOnline is a great online sportsbook for this, with a $50 free play reward being available to you once you place a sports bet from a smartphone or tablet for the first time. Should your mobile bet lose, BetOnline reimburses you up to $50.

Free Bet

free bet offer on hand at Slotimo Bet

Operating as something slightly different to a sports betting welcome bonus, a free bet basically provides you with what it states – a free wager. This can be provided in one of two ways. First, it can be given to you if your initial wager is a losing one. Alternatively, a free bet can be added to your sportsbook account when you place a bet at minimum qualifying odds and that bet settles.

Slotimo Bet has a great pair of free bet offers, with the first being up to C$40 on a first bet of C$15 or more at minimum odds of 1.80. The other allows you to claim an extra C$75 in free bet tokens every single month, with these being added on top of your first three deposits made each month.

Existing Customer Sportsbook Bonuses and Promotions

You may end up joining a no deposit bonus sportsbook or one with a basic sports betting sign up bonus, but in either case, the likelihood is that there will be promotions for existing customers to claim, too. These are available to you when you continue depositing and placing bets at a sportsbook, and there are various offers available at different platforms.

One of the most common bonus offers for existing customers is a sportsbook reload bonus. This is provided when you continue depositing, and it adds bonus funds on top of your deposit amounts. It’s pretty much like the welcome reward but is often a smaller percentage and it can be applied to numerous (and sometimes to all) monthly deposits. Again, check into the terms and conditions for reload bonuses before claiming such.

Daily odds boosts are also something that you can benefit from as a sports bettor. Sites will highlight certain matches and games that you could proceed with betting on and in the process experience better odds as part of these boosts. The most popular events are often the focal point for these odds boosts, and they provide you with a bit more incentive to wager on the games associated with such.

Acca insurance is something else that some bettors turn to when constructing accumulators. Of course, through these types of bets, you select multiple games or races, backing a specific outcome and amassing them into one bet. Acca insurance usually covers you if one of those selections doesn’t turn out the way you had expected, with a specific amount you’re insured up to usually being stated.

How We Rate and Rank the Best Sportsbook Bonus Sites

To many people, it would simply be a process of plucking sportsbooks out of thin air and recommending them. But that’s not how we do things here. We want to make sure you are given the details of the best sportsbook bonus in Canada offers and sites. And this is why we have a certain process that we go through when viewing and rating the different online sportsbooks available to Canadian players. Take a look at how we rate and rank the best sports betting bonus sites.

Ideal Terms and Conditions

We always think that a player should outrightly look into the terms and conditions associated with sportsbook bonus. And if the site is legitimate, then it will give you a look at these rules without question. The terms and conditions should not be difficult to meet either, so unobtainable wagering requirements, out-of-this-world minimum bet amounts and other silly terms won’t be accepted by us. Fortunately, all of the bonus sportsbook sites that we have recommended come with acceptable terms and conditions.

While that statement is true, one of our favourites for coming with excellent terms and conditions relating to its offers is the Bodog sportsbook. It has achievable wagering requirements, and an ideal amount of time to complete such in, as well as other acceptable conditions to meet.

Superb Betting Odds

Naturally, once you have received a bonus or other reward from a sportsbook, you want to be able to use it on inviting markets. And one part of these markets that make them appealing is the associated odds. Different sportsbooks come with different odds for you to experience, although it is ideal if they all provide competitive odds. Without a doubt though, these sites will come with different betting odds for you to enjoy. Of course, the better the betting odds, the more ideal a sportsbook will be for you.

One of our most recommended sites in Canada with sports betting bonus offers for its odds is Powbet. There, you will find a great selection of sporting events, markets and great odds connected to them.

Range of Sportsbook Bonus Offers

It is vital that an online sportsbook has more than one special offer to take advantage of, otherwise what’s the point? Receiving something like the best sportsbook sign up bonus and then nothing else while you continue placing bets at the site is pretty much not going to maintain anyone. Platforms need to provide a range of promotions to bettors, and if possible, a choice of welcome offers to select from.

You can find a great choice of perks, from the best sports betting deposit bonus offers and free bets to much more at Sportsbetting.ag. This includes promotions provided on specific sports and events, as well as acca insurance, cryptocurrency bonuses, cashback rewards and much more.

Selection of Support Payment Methods

If you have ever claimed a bonus at a sportsbook before, then you may have witnessed terms and conditions that state specific payment methods cannot be used in order to claim such. E-wallets are usually the victim of such rules. This is why it is important for online sportsbooks to support a multitude of payment methods. Not only does it allow players more opportunity to claim their preferred rewards, but it makes things easier if they have a specific payment method that they like to use online. The best sportsbook bonus Canada platforms will feature the possibility of depositing and withdrawing via numerous banking methods.

We highly recommend joining the Powerplay online sportsbook if you want to have a vast selection of payment methods to choose from. There, you can select from traditional payment methods as well as modern possibilities like cryptocurrencies.

Selection of Sports

Needless to say, a sportsbook should incorporate a variety of sports and associated markets for bettors to wager on. A sportsbook bonus is fairly useless if the sports you want to bet on aren’t present at your chosen site. This is why it is important for a platform to come with a strong selection of different sports to access and place bets on their events. From football through to golf, tennis through to volleyball, as much of everything should be covered as possible.

Try joining the BetVictor online sports betting site for a strong choice of sports and events to bet on. You’ll be able to see them all in the site’s A-Z list on the left-hand side.

Possibility for Live Betting

It’s not simply a matter of being able to provide pre-match sports betting. Live sports wagering should also be provided as standard at an online sportsbook in today’s age. In Canada, a sports betting bonus is not enough to hold the attention of players. They need to be able to engage in a lot more, and live betting on various sports is something that will do this. If live streaming of the events is also a capability of the sportsbook, then this is even better. In-play wagering usually also comes with enjoyable tools to make use of, such as the cash out function, so if these are also available, that’s even better.

You can find live betting possibilities at all of the recommended sportsbooks here. But we think you’ll enjoy engaging in this at the MyBookie platform.

Best Bonus Sportsbook Sites Compared

We took it upon ourselves to review the very best sports betting bonus sites for you here, and in doing so, we got to know a lot about the features they provide. This has led to us creating the comparison table below, giving you a direct and simple way to find the best betting sites in Canada for you. Have a look and find the ideal online sportsbook for you.

Best Overall Betting Agency: Bodog Excellent for Mobile Promotions: BetOnline
Best Welcome Bonus: Sportsbetting.ag Greatest Live Betting Site: MyBookie
Top Site for Reload Bonuses: XBet Ideal Option for Free Bets: Slotimo Bet
Best Cashback Rewards: MyBookie Best Range of Payment Methods: Powerplay
Site with Best Range of Sports: BetVictor Ideal Existing Customer Perks: Powbet

Types of Sports Betting Bonus for New and Existing Customers

It may be common to assume that there is just a single type of bonus that you can receive when you sign up to an online sportsbook. But in actuality, there are a few different possibilities in this area, with just about all of them being available to newcomers and existing customers. The more of these possibilities that a bonus sportsbook provides, the more appealing it is likely to be. Find out more about the sportsbook bonus options that these sites can provide below.

No Deposit Sportsbook Bonus

This is perhaps one of the most inviting types of bonuses to receive from a sportsbook because you aren’t required to deposit anything before obtaining it. In most instances, a sportsbook with a no deposit bonus will provide such to gamblers who complete their registration and verify their account details. A no deposit bonus at a sportsbook is then added to your account, serving as a minimal amount to give you a taste of the betting possibilities at your chosen site. It’s basically like a reward for completing your sign up, and you get to potentially receive wins from your bets placed this way, too.

Sportsbook Deposit Bonus

This is the most common type of bonus that is available at online gambling sites in general. It could be considered as the best sportsbook bonus in Canada when it comes to the different types. This is because you make a deposit and it is matched by the platform, giving you more funds to kick off your sports betting activity with. It is always ideal to read the terms and conditions relating to a sportsbook deposit bonus, just so you know how much to deposit to qualify for it, any betting restrictions and the wagering requirements associated with it. Deposit bonuses are provided in the form of a percentage, so it is not uncommon to see promotions like 100% deposit bonus up to C$500, for example.

Sportsbook Reload Bonus

After having received a welcome deposit bonus at a sportsbook, you may also be able to benefit from additional bonuses on your proceeding deposits. These are known as sportsbook reload bonus rewards. Essentially, you reload your sports betting account with funds and then the site adds a percentage of that amount on top for you to continue betting with. Basically, it’s very much like the best sportsbook sign up bonus offers but continuing on for existing players to enjoy.

Free Bet Bonuses

Something that is much more closely associated with sports betting sites rather than gambling sites in general are the free bet perks. These usually require you to deposit and place a bet of a certain amount before receiving a free bet as a result. To qualify for this type of sportsbook bonus, you usually need to ensure your first bet is of a minimum stated amount and at odds of a minimum stated amount, too. Only after the wager has settled will the free bet reward be added to your account.

How to Choose a Trusted Bonus Sportsbook Site

As you may know, today’s online sportsbook world is filled with options for you to select from, and this can make choosing a respected and trustworthy platform difficult. Nobody ever wants to find themselves suffering at the hands of a rogue sportsbook operator. Just because a site offers what it describes as the best sports betting deposit bonus or something similar, doesn’t necessarily mean that it’s the best site to join. Here are some pointers to consider when selecting a sportsbook, assisting you with locating one that is trustworthy.

Safety & Security Features

Obviously, if it’s the trust level of a sportsbook that you want to be sure of, then taking a look at its security features is a good place to start. You need to feel comfortable registering, depositing, betting, withdrawing and so on in relation to a sports betting site. Therefore, the best quality of security should be employed by the site to ensure your personal details and banking data is kept safe and out of third-party hands. This includes high-quality encryption technology, the utilisation of a secure server and support for more secure payment methods.

Range of Sports and the Betting Markets Available

We touched on range of sports a little earlier, and this is of course important. The more sports available to bet on a sportsbook, the better the chance there is of it being a trusted platform. And the sports on hand shouldn’t simply be the most popular ones like football, ice hockey and basketball, for example. The best bonus sportsbook sites offer rarer options like cycling and darts, as well as various others. Furthermore, the number of betting markets associated with each sport should be as many as possible, giving you multiple options for wagering on them.

Payment Methods Supported

Different bettors like to deposit via different payment methods at their chosen sites, so it is quite vital for them to support numerous possibilities in this area. Not only should it be possible to deposit via cards, e-wallets and bank transfers, but also through alternative options. This includes the chance to make a deposit via Bitcoin or altcoins at betting sites, or Canada-specific options like Interac Online or Instadebit. Not only that, but there should be a swift process in place for verifying and processing withdrawal requests at your chosen sportsbook.

The Available Sportsbook Bonus Offers and Promotions

While some sites highlight their proficiency by highlighting the sports betting welcome bonus that they provide, this is not enough to maintain an enthusiastic roster of players. Ongoing rewards and promotions should also be provided for regular, existing customers. A sports betting sign up bonus is great, but things like acca insurance, odds boosters, free bets, a sportsbook reload bonus, and so on, should also be available. The more promotions that are on hand, the better, as gamblers like to have choices.

In-Play Betting, Live Streaming and Cash Outs

A sports betting bonus is great, but the site in question also needs to keep you entertained after you have deposited and claimed such. This means that it is ideal for in-play betting (or live betting as it is also known) to be provided by the site. Through it, you have the ability to bet on sports events as they are taking place, bringing more in-the-moment experience to you. Also, if a site provides live streaming of sporting events, then you can watch as things unfold so as to utilise the live betting capabilities more effectively. Most recommended bonus sportsbook sites also come with the possibility of using a cash out function as well. Through this, players can end their bets before a match completes, giving the opportunity to minimise your losses or capitalise on a win.

The Odds

It’s one thing to support multiple sports and offer odds on a mass of markets as well, but it’s quite another to provide appealing odds. These should be competitive with the general sports betting market, meaning that you can place bets on markets with good prices. It is key to note that if a sportsbook is providing odds that look too good to be true against other platforms, then the chances are that it isn’t a legitimate sportsbook. The odds should always nicely cater to you but not be so out there that you can’t trust them.

Customer Support

One other thing to take note of is the helpfulness of the customer support team at a sportsbook. And the methods by which you can seek out your support is something else to look out for. Ideally, support teams should be available to contact on a 24/7 basis, and this should be possible through options like live chat, telephone and email. Responses from advisors should be informative, professional and friendly.

Betting Site Bonus Terms and Conditions

If you consider a sportsbook to have the best sports betting deposit bonus or anything else, then you need to look deeper into it before joining. In this respect, you should read the terms and conditions that apply to the reward. There, you will find rules and information surrounding the claim and use of a bonus or other promotion. We wanted to highlight the terms and conditions that you should take prime notice of, just so that you know what potential restrictions are involved.

Wagering Requirements

We always recommend seeking out the wagering requirements of a sports betting site’s special offers before claiming a reward. Wagering requirements dictate how many times the bonus or free bet funds you receive need to be wagered on the available sports markets. A bonus sportsbook may have a plethora of promotions to benefit from, but if you don’t know the wagering associated with them, then you could end up finding yourself in a bit of a pickle when it comes to withdrawing. A sportsbook bonus generally always has wagering requirements attached to it, and these must be completed prior to being able to withdraw from your account.

Take a look at the Bodog platform, which has one of the best sports betting deposit bonus rewards of 100% up to $400 + 50 free spins for the casino section. The wagering requirements for this bonus amount stands at just 5x on sports bets.

Minimum Deposit

In just about all instances of deposit bonuses, there will be a specific minimum deposit amount that you need to comply with. If a sportsbook requires you to deposit at least $20 to qualify for receiving a bonus and you only deposit $10, then you won’t receive it. It’s as simple as that. A sportsbook bonus will always have a minimum qualifying deposit associated with it, unless it’s a no deposit sports betting welcome bonus.

If you visit and join the Sports Interaction platform, then you will see that the 100% welcome bonus up to $500 requires a minimum first deposit of $20 to be acquired.

Maximum Bonus Amount

Any time you are receiving a bonus, there will usually be a maximum amount that you can obtain from the offer. This is why the promotions are so often written out as something like, 100% bonus up to $1,000, for example. Regardless of if you deposit $1,000 to get a complete match or $2,000, you’ll still qualify for the promotion, but you’ll only get the maximum amount of $1,000 in this example. Take notice of how much the maximum bonus from an offer is before claiming it.

At Powbet, for example, the welcome bonus stands at 100% up to $150. Therefore, you cannot receive more than this amount when making a deposit for the first time and claiming the sportsbook deposit bonus.

Sportsbook Bonus Code

While some sites require you to make a deposit of a qualifying amount which triggers the bonus amount, others require a specific code to be entered. This sportsbook bonus code is what informs the platform that you want the bonus it is associated with, and without it, you won’t be able to receive the promotion. While the code should be highlighted on the promotion page, it should also be noted within the terms and conditions as well.

Take a look at the BetOnline sportsbook, where to receive the 50% up to $1,000 welcome offer, you need to use the code of BOL1000 on the cashier. Just be sure to check into whether a bonus code is needed or not.

Restricted Payment Methods

It is also vital to know that you are making your deposit with a qualifying payment method at your selected site. Not all payment methods allow the bonus funds to be released, with e-wallets most frequently being affected by these rules. If you go ahead and use such payment methods to transfer funds into your sportsbook account, then you won’t receive the associated sportsbook bonus.

If you were to join the Sportsbetting.ag platform, then you can receive a 50% up to $1,000 reward after signing up and depositing. Yet this is not a possibility if you transfer the funds through Skrill or Neteller.

Bonus Expiration

One final part of the terms and conditions to take notice of is how long the bonus or free bet remains active on your account. Some people believe that once they have acquired bonus funds, they will simply remain on their account until they’re ready to use them. This isn’t true, though. Instead, there will usually be a time stated within the terms, which is also the timeframe within which you need to complete the associated wagering requirements.

Joining the BetVictor online sportsbook and claiming its £30 in free bets reward will see the funds applied to your account from that expire after seven days. Therefore, your free bets need to be used within that timeframe, or you will have them removed from your account.

Free Bet Sportsbook Bonus Offers

Receiving a sportsbook bonus isn’t always solely about obtaining additional funds to your balance. Sometimes, a platform will offer you the chance to receive a free bet or multiple free bets as your sports betting sign up bonus. But how do free bets differ to receiving bonus funds from a sportsbook?

While bonus funds tend to match what you have deposited into your account for the most part, free bets are provided in an alternate way. It is usually the case that when you make a deposit into your account, you need to also proceed with placing a bet on at least one market. The first deposit made needs to be of a certain amount and so does the first wager that you place. Furthermore, the bet must be placed on odds of at least the specified amount to qualify for a free bet reward.

Once the wager in question has settled, only then will the free bet(s) be released to your account. Sometimes, this will be a single free bet, while at other times, it will be a collection of free bets equating to a higher overall amount. Not all online sportsbooks provide such offers, although a few of them do, giving you something else to potentially claim as a newcomer. Therefore, a bonus sportsbook doesn’t always have to be about adding extra funds to your account on top of your deposit.

Take a look at the best bonus sportsbook sites which provide free bets, as well as their associated offers.

  1. BetOnline – Up to $50 free play on your first mobile bet
  2. Sportsbetting.ag – $25 free bet if your first live bet loses
  3. BetVictor – Bet C$15 and receive 3 x C$15 free bets + a C$15 slot bonus
  4. Powerplay – Bet $100 or more on various sports and receive a $20 free bet

If you receive a sports betting bonus as a Canadian player, are you doing so legally? Well, sportsbooks are legal in the country, so signing up to one is not an illegal activity. And what’s even more prominent to note is that, unlike British Columbia, Ontario recently expanded its sports betting options, offering an open market on April 4 of 2022. Each Canadian province is able to regulate sports betting within its own borders, and just about all of them have some form of legal gambling available when it comes to sports.

Other provinces have highlighted their intent to introduce more sports betting options in the near future too, including Alberta and Saskatchewan. There are no rules against being able to claim a bonus at an online sportsbook, either. Of course, this is also determined by the separate provinces, so it could potentially be that you are able to receive promotions in one province and not in another. It is key to note that advertisements and other marketing for sports betting and gambling, as well as their available bonuses, are not something seen publicly in Canada. While this doesn’t make them illegal, it does mean that you will have to seek out the sports betting sites with bonuses rather than rely on advertising to see them.

How to Sign Up to a Bonus Sportsbook and Claim a Reward

Now that you’re aware of the different types of bonuses and the recommended casinos to join, you may need a bit of assistance in obtaining such. This is why we are going to take you through a step-by-step guide on joining a bonus sportsbook and claiming the welcome offer. We’ll be using the Powbet platform in our example, but the process for all sportsbook bonus claiming is relatively the same.

Step One – Register for an Account

Registering for an account at Powbet

Your first task when you have chosen your preferred online sportsbook is to sign up for an account. This requires you to hit the ‘Join’ or ‘Register’ button and then fill out the necessary information. It shouldn’t take longer than a couple of minutes to complete.

Step Two – Check Bonus Terms and Conditions

bonus terms at Powbet

It is ideal to know about the different terms and conditions associated with a welcome bonus before going ahead and claiming it. Therefore, we recommend checking these out first of all prior to making a deposit.

Step Three – Make a Deposit

payment method at the Powbet canada

Once your account has been opened, you can proceed with depositing funds into it for the first time. Make sure that you have checked into the minimum deposit required for the welcome bonus before doing this. A variety of payment methods should be displayed to you that you can utilise for transferring money into your account.

Step Four – Complete First Deposit

first deposit through Interac Online

At Powbet, you simply need to ensure you are depositing at least C$30 to trigger the welcome bonus once your first transaction has gone through. This is not the case at all sites, though. Some sportsbooks require a bonus code to be inserted into a highlighted box on the cashier page, which will activate the funds for you. Then, simply complete your deposit and the sportsbook bonus will be added to your account.

Final Thoughts

Receiving a sportsbook bonus can definitely improve your general betting experience. And whether that comes in the form of a free bet, a match bonus, a no deposit sign up reward, cashback or anything else, it is there for you to have the best time possible. We hope that you know everything you need to know about receiving sportsbook bonus offers and the best sites for receiving such rewards at. Have a look at our recommended sports betting platforms and find one that caters to your needs.


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Jack Schiffko

Jack Schiffko

Jack is a freelance writer working in the iGaming and betting industry for over seven years. He is specialized in football and tennis betting but has also plenty of knowledge in betting on all kind of sports.