With such a massive list of free bets to claim at various Canadian sportsbooks, it’s easy to just jump right on in without doing any prior research. However, it is vital to remember that these all come with terms and conditions that can vastly impact your overall betting experience, particularly in a negative sense if you’re unaware of how they work.
One common requirement is the minimum odds restriction, which comes attached to many promotions offered by online sports betting sites. As it relates to free bets, this means that in order to receive or use a free bet offer, you may need to place bets with odds higher or equal to a specific value.
For instance, 888Sport has a promotion that rewards $5 in free bets every day so long as you spend at least $20 in parlay bets.
However, the bet slip needs to feature three or more bets with minimum odds of -200 per bet. So, be sure to check the terms before placing your bet.
It is also important to note that you might be restricted in terms of the markets you can wager on when it comes to free bet offers. Basically, some free bets may only be applicable to a specific market or sports championship event.
For example, with that same 888Sport promotion, wagers can only be placed on basketball, baseball, football, hockey, and soccer events to qualify for the offer, meaning wagering on other sports will not count towards the bonus offer.
Another incredibly important factor to consider is the wagering requirements tied to a promotion, also known as the rollover requirements. These are common rules that require you to wager the value of your bonus a certain number of times before you can withdraw it.
Spreads.ca’s welcome bonus, for example, requires you to wager 20x on both the deposit and deposit bonus before you can begin to withdraw any funds, which can take some time if you’re new to the sports betting scene.
Additionally, you will almost always need to comply with the terms and conditions of the free bet offer within a specified timeframe, such as 45 days from your initial deposit in the case of Sports Interaction’s welcome offer. So, make sure to keep track of your expiry date to avoid missing out on free bets.
Win limits are also typically in place for free bet offers, ensuring a fair deal for both you and the sportsbook. The maximum payout amount you can receive if your free bet wins can vary depending on the offer and the platform, but the top sports betting sites generally put a decent win limit in place.
Lastly, you should carefully choose which payment method you use when opting in for a free bet promotion, since certain payment methods may be ineligible for free bets as they are too expensive for the sportsbook to accept.
For example, deposits made via Skrill or Neteller will not count towards Powbet’s welcome bonus and it can therefore not be claimed if you plan on using one of these payment methods.