Sports betting Bonuses in Canada
Welcome bonus
These offers are designed to attract new players to a sports betting website. When you are a rookie to
sports betting, having a little insurance for your first bets always helps, so look at the different offers before you sign up. There are usually two types of
welcome bonuses, match deposit bonuses and matched free bet offers.
Deposit bonus
Some sports betting websites will offer you a match deposit bonus, just as online casinos do.
If you read 100% up to C$100, that will mean that if you deposit C$100, the company will double it, and you will have C$200 to play with. These bonuses have wagering requirements and other terms and conditions, like a minimum odds you can use the bonus on.
Occasionally you can get deposit bonuses even as a loyal customer when the bookie gives you a reload bonus, which can match 10%-100% of your deposit, depending on the offer.
Players with experience absolutely love deposit bonuses because they know how to turn it into cash. With a little knowledge and experience, you can learn how to wager your deposit bonus for profit as well.
Free Bet Bonus
Free bet is another way bookies attract new customers to their sites, and they also use it to reward their loyal players.
There are multiple versions of free bet offers, but the most common is when you have to place a bet of your own money, and if you win, you will get the winnings; if you lose, you get back the stake as a free bet.
Sports betting specials
These are random promotions that sportsbooks offer where they increase the odds. Make sure to take advantage of these bets since they can get you more return than a standard bet.
Sports betting rebates and cashbacks
A sports gaming rebates or cashback is a very popular type of reward among expert players. If you are always playing at the same sportsbook, they might offer a percentage back on your total turnover and give you rewards weekly or monthly.
The cashback can be different by companies, but most of them would give you 5-15% back based on your gameplay. Some casinos would give it back in the form of cash rewards, and some provide it as free bets, where you can keep the winnings from the free bets without wagering.
It is achieved by consistently playing on your sportsbook. In a sports gaming rebate, the sportsbook refunds a portion of the total gaming activity that has been recorded over time, usually weekly or monthly. Depending on your gaming site, the percentage returns may range from a small percentage of up to 10-15%. Your gain is directly proportional to the extent of your betting activity. The more you bet, the more cashback you can get.
Reduced Juice Promos
This applies to traditional money lines and spreads. Reduced juice promos entail a discounted commission, which a sportsbook bakes into the lines. For instance, where a spread has a -110 line, a reduced juice spread features a -108 line. This promo cuts down on the cost of that particular bet. If you are a consistent bettor, several reduced juice promos may considerably boost your profits.
Loyalty Programs
Sportsbooks have designed unique programs to reward their clients based on how much they play. If you are a loyal customer, you will get regular rewards, and the more you play, the more you gain with these.
You can unlock cashbacks, free bets and other prizes, depending on the loyalty level you are on.
Wagering requirements and managing rollovers
Most bonuses and free bets are tied to a wagering requirement. You need to meet the rollover requirement before you withdraw your winnings.
For example, if you earn a $200 reward on your $200 deposit and have a 2x rollover, you should put the reward back into play two times before withdrawing your money. If the deposit plus the reward must be put into a 2x rollover, then a total of $400 returned into play demands $800 worth of action.
Final Remarks
You can find some amazing betting bonuses at Canadian sportsbooks. Most sportsbook websites offer some welcome bonuses and they continue to reward you as you keep playing with them. It is important to read all terms and conditions, so you can make the most out of your bonuses.
Sportsbook bonuses can help you increase your bankroll to give you more chances to win at your betting. You can always improve your betting by doing your research, reading tips and managing your bankroll.
From the analysis of the various types of bonuses, it is explicit that your efforts get you into new and higher levels of rewards that help you to build your profile as an expert punter. Even if gambling is a game of chances, you can turn all your opportunities into income when you approach gaming with an attitude of determination and optimism. Explore this niche of wits and make not just a living but an investment for your family.
Open for Canadian players
