Canada Sports Betting Bonuses: Best Offers & Promos for March 2025

Winning big on sports betting can be tricky, but with bonuses and promotions, bettors get free chances to help them hit the jackpot. Sports betting bonuses are exciting promotions offered by sports betting sites. They are available in a huge variety of different kinds, each offering bettors new opportunities – so naturally, navigating these promotions can be tricky.

Top Sportsbook Bonuses in Canada

Canadian bettors can choose from a huge number of different operators who offer a multitude of different betting bonuses and betting promotions. 

While these are not necessarily similar, with some operators offering unique types of promotions, there are several types of promotions that are more consistently available. These types include, among others, welcome bonuses, deposit matches, and free bets. 

Following is our breakdown of what these types of promotions entail, as well as many others, so you can understand the various options available and how they can benefit you. 

Sports Betting Welcome Bonus

Welcome bonuses give first-time users of the operator a promotion that will help them start their gambling. Most sportsbooks offer a welcome bonus as a way to entice bettors to join up with them.  This Bonus can entail various types of offers, from free bets to deposit match bonuses.

A deposit match bonus is the most typical form of a welcome bonus, but some operators offer welcome bonuses with no deposit. In general, though, a welcome bonus is simply a one-time bonus for when a user signs up for a new operator.

Sports Betting Deposit Match Bonus

A deposit match bonus is another very common type of bonus. This is one of the best bookmaker bonuses because it can provide gamblers with a significant amount of extra cash to play around with. A deposit match bonus comes when an operator matches the deposit a bettor puts in up to a certain amount – for example, if a bettor deposits $100, they will then have $200 in their gambling account because the depositor matched it. 

You can’t withdraw the matched money, as that would obviously be bad business for the operator. But after a certain amount of time or money spent with the bookmaker, you can withdraw the money, as well as the profit from your matched deposit.

Sports Betting Deposit bonus

Rather than matching your deposit, some deposit bonuses entail a fixed bonus you receive for depositing a set amount of money. An example of an online betting deposit bonus would be a $40 deposit bonus on deposits of $50 and up. These bonuses don’t have to be on the first deposit, so they’re something to keep an eye out for.

Sports Betting No Deposit Bonus

A no deposit bonus is a promotion that you can claim without even having to deposit money with the gambling operator. These bonuses are typically somewhat smaller than a deposit or a matched bonus, but they are still a great free reward you get for simply joining with an operator.

Sports Betting Cashback Bonus

Cashback promotions are also available on many sportsbooks. Typically, they are centered around a certain event or a certain type of bet, with the aim of mitigating some of the risk on your bets. 

A cashback bonus will offer a certain percentage – for example, a 25% return on parlay bets that don’t hit. This means that, if you make a bet on a parlay that doesn’t hit, you will be refunded 25% of what you lost on the parlay. 

This bonus benefits you significantly because you can add 25% to whatever you are willing to lose on a bet. After all, you will get that much back automatically.

Sports Betting Specials

Only a few sites offer sports betting specials, which are betting opportunities on things that aren’t sports-related. You can place special bets on things like the Academy Awards, for example, as well as reality TV, the New York Mayoral race, or many other events that are unrelated to sports. Specials can earn you some cash because they are unpredictable, and even oddsmakers can’t truly know what will happen in these often-random events.

Sports Betting Loyalty Bonus – VIP Program

This sportsbook bonus is intended to reward customers for consistent use of their betting site. A loyalty bonus/VIP program allows you to accrue points by placing bets, which can result in rewards like new bonuses or prizes. These programs incentivize users to place bets to pile up the points, with different amounts of bets being worth different amounts of points based on the operator.

Sports Betting Refer-a-Friend Bonus

This online betting bonus offers a reward from operators for bringing a new user on board. If you are using an operator you like and have a friend who wants to start, most operators will give a reward if you get someone to sign up using a referral code. The amount offered depends on the operator, but this reward is an easy way to make some extra money if you know anyone looking to start gambling.

Free Bets

Free bets are a sportsbook bonus that offers users a chance to make a  free, and therefore risk-free, bet of a certain amount on a game. 
Typically, a sportsbook will list the amount of the free bet offered, and any limitations on that type of bet. It is a very straightforward promotion and worth jumping at, since it is literally just a free bet, where any profit will go directly to your account.

Reduced Juice

Reduced juice is an extremely important bonus for bettors to try and take advantage of. This bonus offers you a chance to bet on events with a chance to win more than you normally would. “Juice” refers to the commission operators take on the typical bet.

This can be a confusing promotion for beginners, but basically, the prototypical odds for a point spread or puck line is -110. Reduced juice lowers this to -107 or -105, which means that you can win more money betting on things that, according to the oddsmakers’ prediction, are just as likely to happen as they are to not happen.

Simply put, this increases your odds slightly and takes away some of the juice from the operators, creating a more favourable situation for you. 

Casino Bonuses – Free Spin Bonus

Bonuses aren’t just for sports betting – many online sports betting operators double as virtual casinos and offer plenty of great promotions for their casinos. One typical bonus is the free spin bonus. Operators will offer users a certain number of free spins at the virtual slot machines, which gives you a free opportunity to make some money. While these bonuses are very common, different operators offer them on varying occasions. Some offer them upon sign-up, some on seasonal occasions, and some just at random.

This list includes only some of the best sportsbook bonuses – there are tons of different and unique offers that sportsbooks offer for special events and random occasions. If you want to have access to these offers and remain updated, check the box for "send me bonus offers" when signing up with an operator.

As we mentioned before, promotions aren’t always as perfect as they appearat first glance. Most gambling operators apply a long list of terms and conditions to their promotions, and these can change the equation entirely.

This is why it's crucial to take a few minutes to read the terms and conditions and make sure you fully understand all aspects of the bonus you are trying to receive. Sportsbooks are obligated to display the rules and terms of each bonus, and unless you want to get roped into a promotion where you stand to actually gain very little, you’ll want to read them.

A lot of promotions have specific rules you must follow to be eligible, and not following the rules can cause you to miss out on the money. This is why  looking over the rules, and of course the terms and conditions, is an absolute must.

Below is a list of some typical terms and conditions you might find:

Time Limits

Bonuses and promotions sometimes have time limits, so make sure to check and make sure you don’t miss out on the bonus. Some bonuses require that you make a deposit within a certain period, and other times you’ll get a bonus with your deposit and be given a specific time frame in which you’ll need to use it – after that it disappears from your account. Knowing the time limit is crucial if you don’t want your bonus to expire, so always make sure to look for it.

Minimum Odds

Minimum odds are a restriction that gives you the lowest odds you can bet on before you can turn your bonus money into real money. The typical range is between 1.50 and 2.00 in decimal odds. Bets below this amount will still be accepted, but they won’t factor into the rollover.

The implementation of minimum odds restrictions exists for several reasons and can be applied to various parts of the process. Bookmakers will often use this as a way to stop people from exploiting loopholes in wagering requirements.

Game Limits/Limitations

There are limitations on the bets you can use your bonus funds for. For example, many promotions will limit you to only being able to bet your bonus money on certain sporting events, or some casino bonuses will restrict free spins to certain slot games. These limitations allow operators can pick and choose how you use your bonus money; for example, letting you spend your bonus money only on one big sporting event to guarentee they have plenty of action on one big game or tournament.

Win Limits

Another important restriction to check is the maximum win limit. Some offers put a limit on what you can win, meaning you won’t be able to cash out anything over the specific win limit. For example, some free spins won’t let you win more than $30 off $40 worth of free spin. Win limits keep the operators from going too far into the red off bonuses. This restriction can really hamper your ability to make a profit off bonuses – yet another example of why it is important to check the fine print.

Rollovers and Wagering Requirements

While bonuses and promotions are great ways to fill your pockets, they might not be as simple as they appear. A “Rollover” is a type of wagering requirement that refers to the total amount of money a player would have to spend before they can withdraw the money from a bonus such as a matched welcome deposit. Each operator has different requirements before their bonus can be turned into real money.  

Wagering requirements are typically a multiple of the bonus, so you’ll need to spend a few times the amount of money in the bonus to actually receive it. For example, you might encounter a $70 bonus with a 5x requirement. Sometimes your deposit will already be included in this calculation, which makes the amount of money you need to gamble much higher – but for this example, let’s say the requirement is just on the bonus.

That would mean you need to bet $70×5 = $350 to be able to withdraw the bonus. These requirements are listed in the terms and conditions, and just about every bonus has some type of wagering requirement, so always check to see what it is.  Rollover is especially important to keep in mind, as some sportsbooks offer very high rollover, making it difficult to get your hands on the bonus money. 

Promo codes serve as gateways to exclusive bonuses and promotions offered by sportsbooks. These codes, typically a combination of letters and numbers, are entered during the sign-up process or when making a deposit to unlock special offers from sportsbooks. By entering a specific code, you can access benefits such as bonus bets, deposit matches, or boosted odds.

From my perspective, the primary advantage of using promo codes is the opportunity to boost your initial bankroll. These bonuses provide extra funds or bets, allowing you to explore the platform and place wagers without risking too much of your own money. It's a great way to familiarize yourself with a new sportsbook and what it has to offer for little to no risk.

Now, one important thing to note is that not every sportsbook needs promo codes for bonuses. Some will automatically apply them when you make a qualifying deposit. But, from what I’ve seen, many top sportsbooks in Canada use promo codes for their best deals. Always check the promotions page to snag those valuable offers.

To help you get a headstart, here are some exclusive promo codes available only here at BettingTop10 Canada:

Sports betting in Ontario has changed in many ways since become provincially controlled, but one thing that remains the same is the passion Ontarians have for bonuses. With websites like Sports Interaction and Betway becoming provincially regulated, the number of Ontario sportsbook promos has skyrocketed. 

Ontario sports betting, Including Operators like LeoVegas and PowerPlay as well as dozens of others, is controlled within the province. This means Ontario-based players don’t need to wager on offshore operator to find the best Ontario sports betting promos, – instead, they have access to exclusive Ontario betting promos offered especially to them.  

The best Ontario betting promos aren’t that different from any other province. You will find many Ontario sportsbook sign-up bonus offers, free bets, bet boosts, and more. There have been concerns that, since Ontario betting is now regulated by the government, bonus offers will diminish – but happily, this is simply not the case. Ontario sportsbook promos haven’t gone away just because the government now oversees the Ontario betting industry. In fact, they are stronger than ever. 

Here at BettingTop10, we will always make sure to keep you up to speed on all the latest information about the best Ontario betting promos, and connect you to the many available offers to ensure that you never miss out on the fun.

Sportsbooks throw out a ton of bonus offers, but if you don’t know how to use them properly, you’re leaving money on the table. I’ve been through enough promos to know that a little strategy goes a long way. Here’s how to get the most out of your bonuses:

• Read the Fine Print: Before you jump on a bonus, always check the terms. Wagering requirements, minimum odds, time limits - these details make or break a promotion. If a bonus looks too good to be true, chances are, there’s a catch.
• Use Matched Betting to Lock in Profits: If you’re serious about squeezing value from free bets, matched betting is a game-changer. I’ve used this strategy to guarantee profits by placing opposing bets on different platforms. It takes some effort, but once you get the hang of it, it’s basically free money.
• Go for Higher Odds with Bonus Bets: Since you don’t get to keep the stake on a bonus bet, there’s no point using it on low-risk wagers. I aim for odds in the +200 to +600 range—high enough to be worth it, but not so crazy that it’s a total long shot.
• Manage Your Bankroll Like a Pro: I can’t stress this enough: don’t blow your bankroll chasing bonuses. Stick to a plan—betting 1-2% of your total bankroll per wager is a smart approach. If you go all-in on a single promo, you’re asking for trouble.
• Keep an Eye on New Promos: Sportsbooks change their promos all the time, and the best offers don’t always last long. I make a habit of checking promo pages regularly and signing up for emails so I don’t miss out on reload bonuses, free bets, or odds boosts.
• Avoid Rookie Mistakes: Bonuses can be a trap if you don’t use them wisely. Don’t force bets just to clear wagering requirements, and don’t assume every big bonus is actually worth it. And above all—only bet with trusted, licensed sportsbooks. If a deal feels sketchy, walk away.

At BettingTop10, we take a personal and thorough approach to ranking sportsbooks. Understanding sports betting bonuses can be tricky if you don't know what to look for. That's where we come in making sure you get honest and useful recommendations that fit your betting style. Here's our process: 

• Promotion Variety and Value: We carefully check out the promotions each sportsbook has to offer. Our goal is to make sure you’re getting the best value and we focus on the quality of the deals to ensure you're getting your money’s worth.
• Terms and Conditions: It’s all in the details. We go through the terms and conditions of every promo to make sure there are no surprises that could mess with your betting experience. We’re all about being clear and pointing out any possible downsides or benefits.
• Ease of Use: We take a look at how easy it is to find promotions, claim bonuses, and meet any wagering requirements.
• Payout Speed and Reliability: Getting your winnings quickly and without hassle is super important. We check how fast and smoothly sportsbooks handle payouts so you’re not left waiting forever for your rewards.
• Customer Support: Great customer support can really make a difference. We check how available, responsive, and helpful the support team is, so you’ve got backup if any issues pop up while dealing with promotions.

Why Trust Our Rankings? 

You might be wondering, why trust us? Well, our rankings are backed by years of experience and a genuine passion for the industry. Here's why you can count on us:

• In-Depth Knowledge: We live and breathe sports betting. Our team stays up-to-date with the latest trends, industry changes, and emerging platforms to provide you with current and relevant information.
• Unbiased Reviews: Our reviews are honest and impartial. Integrity is key for us—we assess everything based on merit and user experience. We don’t play favourites, we genuinely want to provide dependable insights that you can trust.  
• Personal Touch: Having been in your shoes, we understand the excitement and challenges that come with online sports betting. Our personal experiences shape our reviews, making them relatable and practical. We approach each review with the mindset of a fellow bettor and genuinely want you to feel confident every step of the way.