Best Sportsbook Bonuses in Canada

Our top sportsbook promos give you access to thousands of dollars of bonus bets that you can use to bet on sports in Canada. Keep reading to learn how you can claim these offers along with everything else you need to know about Canadian sportsbook bonuses.

We have spent weeks reviewing every available Canadian sportsbook on the market right now. Here are the nine sports betting sites with the best bonus offers available now.

Now that you have seen our top nine sportsbook promos, let’s go over some factors that you should use to pick which bonus offer is best for you. 

• Overall Value: The most important factor of any sportsbook bonus is how many bonus bets you get from it. You should pick an offer that gives you the biggest return compared to your initial deposit. However, don’t let a big welcome bonus alone sway you. Consider ongoing promotions, loyalty programs and other bonus offers available to assess the overall value of a sportsbook.
• Your Budget: Most of our top sportsbook bonuses are good for both low and high-stakes sports bettors. With that being said, there definitely are some bonuses that are better for players with bigger budgets and some that offer more value for casual players. You should consider how much you have to spend to claim a bonus offer and assess whether you are willing to actually spend that much.
• The Fine Print: A sportsbook promo’s terms and conditions will tell you everything you need to know about the bonus offer. Read it to learn about the wagering requirement, bet limits, how long you have to use your bets, and other important information that can affect whether a bonus offer is a good fit for you.
• Localization: Canada is a big country with 10 different provinces. Each province has different gambling laws. Sportsbooks also often have different promos and features available, depending on your province. So, for example, if you live in Ontario, sports betting sites may look different to you than someone using the same betting sites in Alberta. Consider these differences and the features available in your province.

If you are ready to claim one of our sports betting bonuses, follow this step-by-step guide to create your sportsbook account and get your bonus:

1. Select a Sportsbook: Use our toplist and the criteria we explained above to choose a sportsbook that’s best for you. Tap Bet Now next to the sportsbook to go to its website so you can create your account.
2. Create Your Account: Select Register or Join Now to access the sportsbook sign up form. Then, fill out the form with your email, name, address, etc. Make sure to provide accurate information as you may need it to verify your identity, especially if you are playing at Ontario sports betting sites.
3. Deposit Funds: Once you set up your account, find the cashier page and select Deposit. After that, pick your preferred payment method, enter your financial information, fill in the amount you want to deposit, and submit the transaction. Make sure you deposit enough to satisfy the sportsbook bonus minimum deposit requirement.
4. Claim Your Bonus: If the sportsbook you selected has a deposit match promo, you should get your bonus bets as soon as your first deposit processes. If it’s a bet-and-get or first insurance offer, you will need to place a wager. Just browse the markets, find a wager you like, and make your first bet. 

Before you claim any Canada sportsbook bonuses, you need to read the terms and conditions. We know that this can be a bit overwhelming, so we have spotlighted the most important terms that you should look for. 

Wagering Requirements

Sportsbook wagering requirements tell you how much you have to wager before you can withdraw any winnings earned from your bonus bets. For example, if you claim a $100 bonus with a 3x wagering requirement, you will have to bet $300 cumulatively to satisfy the requirement. 

Minimum Odds

A lot of betting offers require you to place a wager on a bet with above certain odds. For example, a bet-and-get offer could give you $100 in bonus bets but only if you place your first wager on a bet with -250 odds or greater. 

Restricted Markets

Some betting sites limit the markets that you can use your bonus bets on. To give you an extreme example, we have seen a sportsbook that only allowed players to use bonus bets on parlays with 3+ legs. 

Time Limits

Bonus bets unfortunately don’t last forever. The terms and conditions will tell you how long you have to claim a bonus offer after you create your account. You can also find out how long you have to use your bonus bets before they expire. 

Canadian sports betting bonuses come in lots of shapes and sizes. If you want to get the most value betting on sports in Canada, you should understand the most common types of bonuses. Don’t worry though, we are here to help. See below. 

• Welcome Bonuses: Any sportsbook bonuses available exclusively to new players are welcome bonuses. Bettings sites use these promos to incentivise you to sign up with them instead of with their competitions. Welcome bonuses are typically the biggest bonus offers available at a sportsbook, so make sure you take advantage of them while you can. You may not get the chance to claim a large amount of bonus bets again.
• Deposit Match: To encourage you to fund your sports betting account as soon as possible, many sportsbooks will match whatever you put in with your first deposit. 100% deposit match offers are the most common welcome bonuses in Canada. Some betting sites, like Sports Interaction, match 125+ percent of your first deposit.
• Bet-and-get Offers: Bet-and-get offers reward you for making your first wager. All you need to do is make sure you wager more than the minimum bet amount. Some sportsbooks also require you to win your first wager, but there are plenty that give you bonus bets instantly when your bet settles regardless of whether you win or lose. For example, bet365 gives you $50 in bonus bets if you wager $10 with your first bet.
• Bet Insurance: Bet insurance offers give you the chance to get your money back if you lose a wager. They are usually offered as welcome bonuses (i.e., first bet offers). However, many sports betting sites have parlay insurance promos, which refund you if you lose just one portion of a parlay. Another popular type of bet insurance offers are so-called “Bad Beat” offers. These promos will refund your wager if the team you bet on to win blows a big lead.
• Referral Bonuses: The Canadian sports betting market is super competitive. To help attract new customers, sportsbooks encourage you to invite people to sign up with referral bonuses. Basically, a sportsbook will give you a unique invite link or code that you can share with your friends. If someone signs up using your link/code, you both get to claim a bonus.
• Boosted Bets: Boosted bets refer to any wager that has greater odds than it typically would. These promos give you the chance to win double or even sometimes triple the amount you would without the boosted odds. However, keep in mind that a lot of sportsbooks offer boosted odds on bets that already have very high odds. Same-game parlays and long-shot player props are super common boosted bets. Most sportsbooks have new boosted bets available every day.
• Profit Boosts: Profit boosts are basically boosted bets that you control. Instead of choosing from a set selection of boosted bets offered to you by the sportsbook, you can apply profit boosts to whatever wager you like. The result is the same. The bet you choose will have increased odds, which means a bigger payout if you win.
• VIP Programs: The best sports betting sites reward loyal players with special perks and prizes. These are usually part of a VIP program or loyalty rewards program, but some sites will reach out to players individually with exclusive offers. VIP sportsbook rewards can include a personal account manager, reload bonuses, free bets, or even real-world prizes like tickets to sporting events.

Most sports bettors pick one site and stick to it. This is a huge mistake. If you want to get the best sports betting experience possible, you should sign up for multiple betting sites so that you can claim multiple sportsbook bonuses.

• More Bonus Bets: When you play with just one sportsbook, you are leaving a lot of bonus bets on the table. Our top sportsbook promos have a combined value of $3,200. You can’t claim these bonuses though if you don't sign up for multiple sportsbooks. Simply put, claiming multiple sportsbook bonuses gives you the most value for your money.
• Compare Odds: Betting odds are different at every sportsbook. Having multiple sportsbook accounts allows you to shop around for the best odds. Every single one of our experts does this every time we bet on sports. In the long run, finding the best odds can result in huge profits that you would have missed otherwise.
• Unique Features: Like betting odds, every sportsbook also has different features. For example, one betting site can have a bet builder for parlays, while another might have an interactive live betting menu with stats and insights that enhance your betting experience. The only way to take advantage of all of these features is by signing up for multiple sportsbooks.

Our team of sports betting experts consider a wide variety of factors to rate sportsbook bonuses. We dive into the details and cut through the noise so that we can tell you what you need to know to assess whether a bonus offer is a good fit for you. Here are some of the most important factors we analyze. 

• Value & Guaranteed Funds: A lot of Canadian betting sites advertise huge bonus offers. However, when you look at the details, it’s actually difficult to claim the full bonus amount. This is why we focus on guaranteed funds and overall value when we rate sportsbook bonus offers.
• Wagering Requirements: High wagering requirements can be a massive buzzkill that completely devalue a big bonus offer. The best sportsbook bonuses have wagering requirements under 5x. Ideally, it would be just 1x.
• Limits on Bonus Bets: Our top-ranked sports betting sites allow you to use your bonus bets just like cash. This means that they have minimal restrictions on odds, markets, and bet types. They also should be flexible and allow you to split bonus bets across multiple wagers.
• Ongoing Sportsbook Promos: A sportsbook’s welcome bonus is just one of the factors we consider. Every time we review  betting sites, we do a full audit of all existing customer promos. The best betting sites have boosted bets, loyalty programs, and bet insurance offers to keep you coming back for more.