Hello, my friend. It’s TheGambleDoctor again! I’m here to show you the best free bets and betting bonuses currently trending in Canada. Scouring the Internet in search of bookmakers with the right bonuses can be quite difficult. For this reason, I have decided to help you out. On this page, I’ll educate you on ways on how to find and pick the most outstanding free bets and betting options for your gaming pleasure!
The 10 best: Top free bets and betting bonuses for April 2024
What is a free bet?
A free bet is a specified value which a bookmaker chooses to pay in favour of the player. In a bid to show generosity, lots of online bookmakers reward their new and existing customers with free bets. Sometimes, they appear too good to be true but indeed they are real.
Free bets enable you to place wagers with the absence of risks. In the end, you receive cash rewards from the bet if you win. Most times, free bets come as a welcome bonus and gets activated the moment a player creates a new account with a bookmaker. With free bets, you don’t bear the burden of paying the stake. The bookmaker takes care of that. There are thousands of dollars worth of free bets that are available from trustworthy bookmakers in Canada. Read this page to find the perfect one for you!
What does betting bonus even mean?
Betting bonus is an amount of cash credited to a player which allows them to bet on selected games with no risks involved. A betting bonus is quite popular in the gambling industry. There is hardly a top bookie that does not have a betting bonus offer for punters.
For instance, a bookmaker may offer you the opportunity to wager $10 and get a $50 betting bonus. This simply means you need to wager $10 on a game, and you’ll be rewarded with a $50 bonus to wager on selected games.
If your first bet does not yield the expected result, your betting bonus is still available for you. Perhaps you decided to wager on an unpredictable game using your money — if the result goes sideways, you won’t suffer loss because your betting bonus still remains intact.
Reasons why you should choose a free bet or a betting bonus
A betting bonus is offered for many reasons. But it’s majorly to attract new customers and also to encourage loyalty among old punters. Choosing a betting bonus will give you access to promotions such as cashback, matched deposit and many more. Some of these offers come as a result of wagering via smartphones, desktops, and tablets.
With a betting bonus, you don’t have to worry about the outcome of your stake. A betting bonus is more like your fallback plan. Even if your initial prediction fails, there is always a second chance for you to get it right in the form of a betting bonus.
Trying out a new bookmaker
There is so much uncertainty today in the gambling business. A lot of bookmakers cannot be trusted with money for fear of losing it. That is why free bookie bets are so important to help reduce the risk of getting scammed by a new bookmaker. The bookmaker makes some free money available to you to place bets. Of course, you cannot withdraw the money, its purpose is to place bets.
If you like the whole experience after playing with free money, you may decide to go all in. But if it happens that the system of the bookmaker is unreliable, you will know for certain. And this will come at no extra cost to you.
Getting some extra money for the big game
Free bets can be very exciting to those who have them. The best free bets can help punters make extra money without contributing anything from their pockets. You can use the money given to you by the bookmaker to win exciting cash prizes. For instance, a bookmaker may offer you a free bet of $10. If you place a successful bet on a game with a cash reward of $60, you will be receiving $50. The $10 will be returned to the bookmaker while the remaining ($50) is yours to keep. You get to play games at zero cost, with nothing to lose and everything to gain.
Best bookmaker offers for April 2024
How to: Find and pick the most outstanding free bets and betting bonuses
Different forms of free bets & Betting bonuses
Free bets and betting bonuses come in different forms. As long as online gambling is concerned, there will never be a shortage of deposit bonus betting offers. Top bookmakers know how important bonuses are to their operation. That is why different bonuses have been created to suit just about any occasion.
No Deposit betting bonus
This is a bonus used to reward gamblers who have created new accounts. The bookmaker credits your account automatically with funds. With the funds, you can try out games for free. You don’t need to worry about depositing money before betting on games. However, the money will not be withdrawn until the gambler meets up with certain requirements Instituted by the bookmaker.
These cash rewards are to be used to try out games of a new bookmaker before depositing your own money. Punters should not expect to become rich by using a no deposit bonus. This is because they are usually little in cash amount. So, gamblers may not be able to earn much using them.
Matched Deposit bonus
This bonus matches whatever amount a gamer puts into his/her gambling account. The cash amount is provided by the bookmaker to appreciate players for their patronage. This bonus has the ability to turn your deposit into something much bigger.
With a match deposit bonus, a gamer can stake higher bets and earn more. Some bookmakers make use of bonus codes to unlock their matched deposit bonus. Others simply credit your gambling account with the bonus without the added stress of typing in a bonus code.
They are strictly for new players and they are usually broken down into 1st, 2nd, 3rd, 4th and sometimes 5th deposits. The idea behind this bonus is for the bookmaker to match whatever deposit a punter makes dollar to dollar.
The standard matched deposit bonus is the 100% match. Others include 25%, 50%, 200%, 300%, 400% and 500%. Their disbursement is divided into 1st, 2nd, 3rd, 4th and sometimes 5th deposits.
Risk-Free bets
This kind of bonus is highly sought after among gamers because it lets you make gambling errors with zero consequences. It is designed primarily for new players. It lets them recover their lost bet if their wager goes the other way. If the player loses his first bet, the bookmaker is obligated to compensate him for the loss with the exact amount he lost.
A risk-free bet is one in which your funds are not lost even if your bet fails. This applies only to your initial bet. Subsequent bets will not be refunded.
Profit Boost
As the name implies, this is a type of bonus with varying amounts. The gambling account of the punter will receive a boost based on the level of his commitment to the site. A punter can qualify for a profit boost when he makes a certain number of specified bets or when he enters a specific promotion. Once you qualify, the bonus will be applied to your gambling account.
Matched Free Bets
Matched free bets is a risk-free bonus offering used by gamers to profit from bookmakers. Punters use matched free bets to earn real cash from online bookmakers. They do this by placing multiple bets, thereby covering all the possible outcomes of a certain sporting event. Doing this guarantees you a win, no matter how the game goes.
Cashback bonus
Players who constantly patronize a particular bookmaker will sometimes receive cash rewards from them. The rewards are based on their past losses at the gambling hub. A percentage of their entire losses will be returned to them. A cashback bonus is usually given to loyal customers.
Terms and conditions should be read carefully
Best bonus betting sites usually have some of the finest free bets offers on the market. This can be too tempting for players, making them opt for a bonus with tough wagering requirements. That’s why we advocate that all free bets offer should be properly scrutinized before going for them. This is to avoid any pitfalls that might be hidden in the fine print. No matter how attractive a betting bonus offer is, always endeavor to study its terms and conditions properly before choosing it.
Cap on winnings
Cap on winnings are winning limits placed by bookmakers to prevent bonus-hunters from making quick big wins and exiting to another casino in search of new offers. Some bookmakers may not allow your winnings to exceed $500, while others have a maximum cap of $1000. Going through the terms and conditions of the betting bonus will shed more light on this.
Minimum Odds
This is actually considered a restriction on free bets. Bookmakers understand that some game markets have low risks and high chances of winning, so they ensure players can only bet on specified betting markets or bet types. The minimum odds for free bets vary from bookmaker to bookmaker. However, it is usually between 1.20 and 2.00.
Wagering requirements
Wagering requirements connote the number of times a player is required to play a particular game to be eligible for withdrawals. The wagering requirements differ on each casino. A casino offering a $50 bonus with a wagering requirement of 30x, require that players wager 30 times on selected games to be able to make withdrawals.
Specific events
There are special events that attract free bets. Though this does not happen always, players stand to win huge prizes if they win the bets. In such cases, it will be in response to a specific event such as a sports game. Free bets on specific events always have short deadlines that expire as soon as the event or game begins.
Conclusion: What to expect of Free Bets and Bonuses
Free bets and bonuses are wonderful incentives all players want to enjoy. Gamers can use free bets to accumulate cash on various bookmakers with zero risks. However, as enticing and risk-free as they seem, it is also important to read the terms and conditions before opting for one.
There’s no fun in losing your winnings due to high wagering requirements you can’t fulfill. Make sure to read and understand the terms and conditions before playing.
To help lessen the stress that comes with choosing a reliable casino in Canada, we’ve compiled a long list of the best performing casinos in terms of free bets offer and bonuses. Go through our list and compare them, so you can find the perfect one for you.
FAQ:Frequently asked questions about betting bonuses
No. Though they might appear too good to be true, they are actually genuine offers. Free bets and bonuses are a chance given to punters to place stakes on games with no risk on their part. However, always ensure to play at licensed casinos only, because you’re likely to get scammed if you accept offers from unlicensed bookmakers.
They can be used on live betting markets and accumulator. But proper attention should be paid to the minimum odds restrictions and the terms and conditions. This is to know how best to apply them for other purposes.
Yes! You can get free bets for NHL games. There are bookmakers who offer free bet offers that can be used on hockey games, however, it comes with certain conditions. Do well to check out their terms and conditions, expiration and wagering requirements.
Yes. Both new and old players are entitled to free bets and bonuses. Most of the time, there is no special thing for you to do. However, some bookmakers might require players to make a deposit or spend a certain amount on the casino to qualify.
Of course, you can. However, you must satisfy certain conditions first. Most bookmakers will not allow you to withdraw your bonus until your bonus has been wagered a number of times while observing a set minimum odd.
As soon as you are able to complete your wagering requirements. Remember, this must be done within the specified time else you will have to forgo your betting bonus. So, it's all in your hands to get your bonus quickly or not at all.
