Bookmakers offers and incentives cannot be displayed in Ontario at this time and we can't provide the full details of each offer available. This page therefore only provides generic information about the types of welcome offers which online betting sites sometimes provide and the important terms and conditions to look out for.
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Land based wagering in Canada has up until recently been limited to parlays. The huge news for the Canadian betting industry is that from 2021 provinces can decide if they want to bring in legislation to allow single game wagering too.
Online betting though has been taking place with offshore bookmakers, which was not illegal as long as those sportsbooks were licensed somewhere (anywhere).
So Canadian sports betting promo codes for new customers were available with licensed offshore bookmakers and sportsbooks.
A key change since Ontario gaming legislation rolled out from April 2022 is that the promotion of welcome offers and bonuses is not allowed. Sites like OLBG cannot list and provide details of Ontario welcome offers or sports book promo codes.
It is not illegal for sports betting sites to provide such offers and they can be listed on the sports books sites themselves but cannot be advertised by others.
For you, the user, this is all good news, even though understanding if and what type of offer you may or may not get when you join a new sportsbook is somewhat unclear without advice from responsible sites like OLBG. We would like to be able to help you to compare Ontario sportsbook welcome offers and provide the terms and conditions for you to understand and look out for. However we are unable to do so and therefore can only talk generically about types of offers which online sportsbooks around the world offer and the types of terms and conditions users should be aware of before signing up.
Most offers are fairly straightforward - Free bet, Matched deposit bonuses, and Risk-free betting is some of the features.
Our expert team of online sports betting specialists with a combined 100+ years of experience trying out new bookmakers online across the world in the last 20 years, reviewed each each the betting companies above.
We only recommend betting sites with a good reputation and that are legit and safe to wager with and we have reviews for each.
A free bet is a bonus credit or sportsbook bonus added to your bookmaker account balance that can be used, sometimes under a certain set of conditions, like particular events, betting markets or at minimum odds.
Oftentimes the free bet stakes are not returned in the event of a winning prediction but only the profit. Still, that's risk-free winnings and is a good start.
The free bet winnings can either be withdrawn as cash [As long as there are no wagering requirements], or can be used to place further bets, at which point, the stake will be returned with any winnings.
If the bet loses, your free bet stake will be lost. So if you had 20 in bonus credits and made a winning qualifying bet at 2/1, you would get $40 back, and the 20 free bet stake would be retained by the bookmaker.
Sports betting bonuses and free bet promotions are terms used to describe the same thing. They are commonly linked to first deposits made by new customers and may be referred to as bonuses.
Sometimes you might need to enter a bonus code at time of registration with betting sites..
For instance, if a bookmaker has a $20 deposit match free bet bonus if will come with some rules as to how to claim it.
First, you have to deposit an amount into your account and then you'll get the value matched in bonus credits into your balance which is not redeemable for cash.
You'll make bets to the value of the bonus value, any winning will most often not include having the stake returned. There are lots of variations which we cover below.
All bookmaker promo offers for new customers will come with associated terms and conditions as to how the promotion is delivered and accepted.
These should be read in full and totally understood before proceeding. Not because there is a scam going on, but there may be some specific rules and processes that have to be undertaken for you to qualify for the promotion.
There is nothing worse than making a deposit and a bet expecting free bet credits for them never to appear in your balance because you didn't understand the rules.
They are in the main, really simple to follow and you'll have some free bet bonuses in your balance to make some risk free bet with.
There is a range of ways you can get sports betting promo codes and bonus credits from welcome offers when opening a new online sportsbook account.
They all offer some form of welcome bonus but differ slightly. Here is how they work.
This can work in one of two ways. Either, the value of your first qualifying deposit into your account is matched with a free bet value award to a maximum amount, or you get bonus money to a % of the initial deposit, again up to a maximum value
With First bet match, you will be rewarded with either a matched value or percentage amount up to a maximum value, to the stake of the first bet that you place and is settled. This type of matched free bet promotion awards the free bet whether your first settled bet wins or loses.