Top New Free Bets 2024

By Noel Davies on Fast checked by Adam Dickinson
Looking for a way to win big without reaching into your pockets? Check out our list of Canadian sportsbooks with the best free bets. All you need to do is compare betting sites, sign up and place your bets!
Accepts Players in CA Accepts Players in CA
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Betting SITE Score NEW CUSTOMER OFFER Expert Review GO TO SITE & SIGN UP Terms
1. Pointsbet Ontario
74%
2 Risk Free Bets Up to $2000

Reviewed & verified by our team

"Pointsbet is home to a bunch of parlay specials - same game parlays, in-play parlays and parlay booster. Plus, no rollover requirements on free bets."
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New Customer Offer Get up to a $500 Refund (in Free Bets) if your 1st Fixed Odds Bet loses and up to a $1,500 Refund (in Free Bets) if your first PointsBetting Wager loses!. New Customers Only! Use Code - WELCOME - to take advantage! 18+. Full T&Cs apply. Please gamble responsibly.
2. TheScore Ontario
70%
$1000 matched deposit + 5% cashback

Reviewed & verified by our team

"With easy-to-use navigation and the most intuitive layout, placing a bet, depositing and withdrawing your winnings has never been easier"
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New Customer Offer The “Bonus” is valued at 100% of the Qualifying Deposit amount, up to a maximum Bonus amount of $1,000. The Bonus will unlock into cash at a rate of 5% (“Cashback Rate”) of the wagered amount on cash bets at greater than -300 odds. Participants will have 60 days from the date they receive the Bonus (“Cashback Period”) to unlock the Bonus balance into cash by placing cash bets 18+. Full T&Cs apply. Please gamble responsibly.
3. Draftkings Ontario
81%
Get Up To $1000 Bonus

Reviewed & verified by our team

"With pools, you can bet on anything from football games to your favorite show. Keep an eye out for special promotions, including free bets, odds boosts and more."
New Customer Offer A customer's first deposit (min. $5) qualifies the user to receive up to $1,000 in bonus funds in the form of site credits that can only be used on DraftKings. Bonus amount is equal to 20% of that deposit amount, not to exceed $1,000 (the customer must deposit $5,000 to be eligible to receive the maximum possible bonus amount of $1,000). Bonus funds will be awarded to the user according to the following play-through requirement: for every $25 played on DraftKings in DFS/Sportsbook/Casino, the user will receive $1 in bonus funds released into their customer account 18+. Full T&Cs apply. Please gamble responsibly.
4. Fanduel Ontario
93%
$1000 risk free bet

Reviewed & verified by our team

"Bet with Fan Duel for some of the best promos available online - you can place same game parlays, and take part in weekly competitions like NFL Gridiron Pick'em"
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New Customer Offer Sign up for FanDuel Sportsbook. Make your first deposit (minimum $10). Place your first bet in the Super Bowl Enhanced Odds market on the homepage. Winnings paid in CASH! 18+. Full T&Cs apply. Please gamble responsibly.
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If you’re searching for the best free bet offers, then you’ve come to the right place. It might sound too good to be true, but this betting bonus really does give you the chance to place wagers without using your own bankroll. Household names and new betting sites alike offer this bonus deal, and we’ve highlighted the very best in our top-rated list of online sportsbooks, where you can easily compare the key terms of each deal. We’ve also written expert sportsbook reviews, covering everything from betting markets to payment methods, to help you find the best betting site for you. Simply check out our list of the best betting sites with free bet offers to get started.

Want to learn more about free bets, including how they work and how exactly you can your hands on one? Whether you want to use free bets to wager on hockey, basketball, soccer, horse racing or any other sport, we’ve got you covered. Read on for all you need to know about free bet bonuses.

Free Bet Welcome Bonuses

Choose From a Range of Different Free Bet Bonuses

Every free bet offer does more or less the same thing – award you bonus betting funds to use on a range of markets – but how you claim and use them varies depending on the bonus type. From matched bet deals and promotional free bet tokens to loyalty rewards, there’s plenty of opportunities to get your hand of a free wager. Let’s take a look at some of the most popular free bets bonuses to help you pick out the best offer for you.

Free Bet Welcome Bonus

Many of the Canada’s best betting sites offer free bet welcome bonuses to new punters when they sign up. These promotions are a great way to get settled in at a new bookie and learn the ropes of the site. Free bet welcome bonuses come in different forms so here’s a rundown of the types of deals on offer.

Bet Free Bet Bonus
Bet Regal
Bet Regal
Our score 84%
Bet $10, Get $10 Free Bet
New Customer Offer Max. Free Bet Token amount 10€. Minimum Deposit and wagering on sport to activate the Free Bet Token is 10€. Void/cancelled or cashed out bets do not count towards wagering to activate the Free Bet Token. 18+. Full T&Cs apply. Please gamble responsibly.

First Bet Bonus

Most free bet welcome deals reward free bets when you make your first real money wager, provided it meets the qualifying requirements. Some top online sportsbooks offer matched bet offers, such as ‘bet $10 get a $10 free bet’, while other betting sites offer deals like ‘bet $10 get $30 in free bets’. The way in which you can use your free bet bonus varies depending on the offer – some sites may award a set $20 bet, while others will award four $5 free bets.

Free Bets

Most top sportsbooks allow you to use your free bets on a wide range of sports, including ice hockey, baseball, basketball, football, and soccer.

Money Back Free Bet

This free bet welcome bonus sees betting sites offer players a free bet if their first bet doesn’t come in. Think of this offer as a consolation prize should your first bet lose. The free bet may be equal to your stake, but only up to a certain amount. As such, a money-back free bet bonus would often look like, “free bet up to CAD 40 on your first losing bet”, for example. This is a great way to have a punt on longer odds as you know there will be some insurance should your bet not come it.

Some money back free bet promotions may only return a portion of your stake.

No Deposit Free Bet

A no deposit free bet does what it says on the tin by giving you bonus funds to spend without needing to pay anything. While this is a great opportunity to try out a betting site before investing any money in it, don’t expect the bookies to break the bank here. No deposit free bets are rarely worth more than CAD 10, and they may come with stricter terms and conditions. What’s more, they are quite rare, popping up at online bookies pretty infrequently.

Pros and Cons

Free Bets Pros and Cons

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Pros

  • You can get familiar with a new site without spending any of your own cash
  • They allow you to try out a different betting market or sport
  • You can make wagers on longer odds without fear of losing your own money
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Cons

  • Certain free bets may be restricted to certain markets
  • You will have to fulfil wagering requirements before you can withdraw your money
  • Some payment methods, such as e-wallets like Neteller, may be excluded from free bet bonuses
Free Bet Promotions

Enjoy Regular Free Bets Thanks to Sportsbook Promotions

Free bets are a great way of attracting new customers, but many of our handpicked top Canadian sportsbooks offer the best free bets promotions to keep existing players coming back too. While some sites reward players with free bets when they put money on certain markets, others offer event-based promotions. These are some of the types of free bet promotions you can expect from sports betting sites.

Most of the top betting sites have a steady stream of regular free bets promos for existing customers. Deals range from simple matched bets to money back bets where your stake is returned in certain situations. For example, you might receive your quarterback bet stake as a free bet if your player isn’t involved in the game. Of course, there will always be limits to how much you are eligible to receive, but this will be clearly stated beforehand.

Football fans can also get to grips with the promotions on offer at Coral. Currently, they can take part in the Football Super Series promotion. All you need to do is correctly predict a series of stats from each week’s selected game in order to claim prizes. Two correct predictions earns you CAD 1 in free bets, three correct predictions gets you CAD 2 in free bets and four correct predictions gets you CAD 50 in cash. 

The biggest sporting events present a huge number of betting opportunities and of course, the top online betting sites want to prevent their existing customers from heading elsewhere. To keep bettors coming back, top online sportsbooks often offer event-based free bets promotions for big occasions like the Stanley Cup finals, major boxing matches and the Super Bowl. Let’s say the World Series is coming up, “Bet $20 and get a $5 free bet” is an example of such an offer.

Many of the best online gambling sites reward frequent bettors with some sort of VIP or loyalty scheme. These generally work on a points system, whereby you accumulate points by making bets. Loyalty schemes often have different levels, and you can work your way up the levels by collecting more points. You can then exchange your points for bonuses and rewards like free bets, and the higher the level, the better the prizes.

Free Bets vs Matched Deposits

How Free Bet Bonuses Differ to Matched Deposit Deals

At first glance free bets and matched deposit deals can seem fairly similar, but there are some important differences to keep in mind. The first difference is how you claim them; free bets offers require you to make a qualifying bet, whereas matched deposits are awarded when you make your first deposit. Some bookies award free bets based on the size of your initial deposit, but still require you to make a qualifying bet to activate the bonus, whereas matched deposits don’t require a qualifying bet at all.

The two bonuses also differ in how you use them. Whereas free bets bonuses usually award set bet amounts, matched deposits generally award larger sums which you can use with more freedom. For example, a sportsbook may award a $100 matched deposit funds, which you could use to make ten $10 bets or five $20 bets. This may sound more attractive, but keep in mind that matched deposit deals often come with wagering requirements which make it harder to turn your bonus into withdrawable winnings.

We’ve lined up the best betting site offering matched deposit bonuses if you want to check out this deal.

Sports

Top Sports for Free Bets

Free bets are available for use on a range of different sports. As such, a broad selection of sports fans can make use of them to wager on their favorite events. Let’s have a look at some of the key sports punters can use their free bets on. 

Soccer

Free soccer bets are a common promotion available at online bookies. With so many soccer matches played around the world, there are plenty of betting opportunities. Some free bet offers will be tied to high-profile sporting events, such as Champions League matches or the World Cup final. Others, however, can be used on a far greater range of games. 

Horse Racing

Horse racing fans are another group who can make the most of the best free bet offers available at online bookies. There is a myriad of horse racing events held each year, with some of the most high-profile held in Canada. From the Woodbine Mile, to the Queen’s Plate, to the Canadian International, there are sure to be a range of free bet offers available to players. What’s more, there are also plenty of races from across the world to bet on, including the Kentucky Derby, the Melbourne Cup and the Dubai World Cup. Just as with football, free bets can be used on a range of different events, or they may be tied to specific events. 

Boxing

Certain boxing matches are often the highlight of the sporting calendar, so it’s no surprise that bookies will often free bet bonuses to these events. You will also be able to use a free bet bonus on a more run-of-the-mill match between two lesser-known opponents, should you choose to. 

Mobile

Claim Free Bets on Your Smartphone

If, like many sports bettors, you prefer to do your wagering on your mobile, you’ll be glad to know that you’ll have access to the same free bet offers as desktop players. This means you can sign up, claim your bonus and wager free bets using your smartphone.

All the top Canada betting sites on our list have mobile-friendly websites, and some have even developed mobile sports betting apps for iPhone and Android. If you download a mobile betting app, you’ll have the added benefit of push notifications. These alert you every time a new free bet bonus is available, meaning you’ll never have to worry about missing out on a great deal!

Best Mobile Betting Site
888 Sports CA
888 Sports CA
Our score 77%
100% up to $200
New Customer Offer $10 min deposit • The bonus will be applied once the full deposit amount has been wagered at least once with cumulative odds of 1.5 or greater • Wagering must be cleared within 60 days • Casino Bonus valid for selected games only • Bonus wins capped at $500, exc. JP wins • 30x wagering 18+. Full T&Cs apply. Please gamble responsibly.
Terms and Conditions

Get to Know the Free Bet Terms and Conditions

Free bets are great, but there are a few factors to bear in mind before you sign up to claim. The biggest free bet offer isn’t always the best deal, as it’s the terms and conditions that determine how you use your bet and how much you can potentially win. Here’s what you should keep an eye out for when you’re looking for free bets bonuses:

Win Limits

Pretty much all free bets offers have win limits that prevent betting sites from making huge losses, which is understandable. The win limits vary between sportsbooks – some have fairly low limits, while others allow big wins. Make sure to check this beforehand, as it will help you decide which markets to use your free bets on.

Minimum Odds

Pretty much all free bets offers have minimum odds requirements that generally apply to the qualifying bet. The minimum odds vary depending on the bonus, but they generally range from 1.50 to 2.00. So if the minimum odds for the qualifying bet are 2.00, you’ll have to wager on a market with those odds (or greater) in order to qualify for the free bet promotion.

In some instances, you may find that the minimum odds requirement applies to the free bet bonus itself, as well as the qualifying bet.

Wagering Requirements

Whereas wagering requirements are a staple of online casino bonuses, they don’t apply to the majority of free bets bonuses. Still, it’s important to keep an eye out just in case – some free bet deals have low wagering requirements, such as 2x or 3x the bonus amount. Let’s take a look at an example of how wagering requirements work:

  1. You claim a $5 no deposit free bet with a 3x wagering requirement.
  2. You'll have to wager $15 (3x$5) in total to complete the requirement.
  3. If you do this without losing your bonus funds, you can then withdraw bonus winnings as real money.

Time Limits

As with all betting bonuses, free bet offers usually come with time limits. This means you’ll need to use your bonus bets in a specified amount of time before they expire. While some online betting sites will give players just a couple of days to use their bonus, others allow you 30 days to use your free bet offer. If your free bet bonus comes with a wagering requirement attached, you’ll also need to complete the wagering within the allotted time frame.

Banking

Free Bet Payment Options

There are a variety of payment options available to players looking to claim a free bet bonus. Each one has a different set of benefits, but there may be some restrictions when it comes to claiming an offer. Here are some of the key banking methods you can use. 

Debit Cards

Debit cards are one of the most popular payment options used by online sportsbook members. Deposits from Visa or Mastercard cards are almost always instant and it is very rare to come across any restrictions when claiming a free bet. Withdrawal times can be quite long, however, typically taking between one to five working days. 

E-wallets

If you’re looking for consistently quick withdrawal times, then an e-wallet may be the payment method for you. E-wallet options such as PayPal, Skrill and Neteller offer players withdrawals in as little as 24 hours in some cases, alongside instant withdrawals. You may find, however, that some restrictions apply when it comes to claiming a free bet at particular sites. This means you will have to use a different method to claim the promotion. We recommend reading the terms and conditions before signing up to make sure you’re eligible for a free bet if you use an e-wallet. 

Prepaid Cards

Prepaid card options, such as Paysafecard, are fast becoming one of the more popular deposit methods used by online players. These options provide players with a lot of security as none of your bank details need to be shared with the betting site when you make a deposit. You won’t be able to make withdrawals using Paysafecard, so you will have to use a different method in order to claim your cash. 

Payment Method Restrictions

Canada’s top betting sites offer a range of secure payment methods, but not all deposits are eligible for free bets bonus deals. It’s common for online betting sites to exclude deposits made with Neteller and Skrill from free bet offers, so you may need to use alternative banking options. Similarly, if you’re looking for betting sites that accept PayPal deposits, keep in mind that some bookies state that you need to use a different banking method to PayPal to claim free bet promotions.

Debit cards are your best bet when it comes to claiming sportsbook bonuses – these deposit options are universally accepted for free bet offers.

Getting Started

How to Claim Your Free Bet Bonus

  1. Compare sports betting sites

    Before you claim a bonus, you’ll need to compare free bet offers to find the right one for you. We’ve made this process nice and easy by bringing you the very best free bet deals from the top sports betting sites, highlighting the terms and conditions to help you understand what you’re signing up for. Don’t forget to use our expert reviews to find out about the betting markets, payment methods and withdrawal times on offer at each sportsbook.
  2. Sign up and opt in

    Once you’ve found the right sportsbook and bonus for you, it’s time to create your account. Registering at our recommended online betting sites is simple. All you need to do is follow the link to head straight to the sign up page, then provide some basic personal details to register. You may also need to provide identity documents to verify your account. When creating your betting account, remember to opt in to the free bet offer- it’s usually as simple as ticking a box, but some sites will require a promo code.
  3. Deposit

    Nearly there! It’s time to head to the cashier page to make your first deposit - unless you’ve been lucky enough to bag a no deposit free bet! The betting sites we’ve recommended boast a wide range of secure payment methods, from the traditional bank transfer and bank card payments to PayPal and prepaid card options. Your deposit should be credited to your account almost instantly, so you can start betting right away.
  4. Claim your free bet

    The only thing left to do now is stake your qualifying bet and claim your bonus! Bear in mind the minimum bet and minimum odds requirements to be sure your wager qualifies for the bonus. Your free bet bonus will be credited to your account almost instantly once the qualifying bet is decided- good luck!
Compare & Bet

Claim Your Free Bet Today!

Whether you’re a new customer looking for a top free bet offer, or a returning bettor after a freebie, our top list of sportsbooks is sure to give you what you’re looking for. We’ve scoured the internet for the best free bet offers at the most reputable licensed betting sites, each with competitive odds, amazing promotions and outstanding market depth on major sports. All that’s left for you to do is compare free bet deals, sign up and claim your free bet today!

If I win my bet, do I get my free bet stake returned with my winnings?

No. In almost every instance, your free bet stake will not be returned with your winnings. For example, if you place a $10 free bet on a market with odds of 2.0, you will receive $10 in winnings if the bet comes in.

Can I use multiple free bet tokens on the same wager?

No. There are rules surrounding the use of free bets, which state that you can’t use two free bet tokens on the same wager. For example, if you have four $5 free bets, you’ll usually have to use each one separately. Most sportsbooks usually also state that free bets can not be used in conjunction with other free bet deals or any other bonus betting offers.

Can I use my free bet on an accumulator?

Usually, yes. Many of the best betting sites allow free bets to be used on accumulators, though you should always read the small print to be sure. If you plan on wagering your qualifying bet on an accumulator, keep in mind that the minimum odds may apply to each individual selection as well as the bet as a whole.

Can I use my free bet on in-play betting markets?

Yes. You’ll often be able to use free bets on live betting markets, providing they meet the minimum odds restrictions. Of course, you should always double check the small print of betting bonuses just to make sure this is the case.

Can I cash out a free bet?

This largely depends on the betting site you choose to bet with and the market you decide to wager on. Cash-out is not available on all markets, plus there are certain bookmakers that do not allow the cash out feature to be used in conjunction with free bets.

The people behind this page

Compare.bet's online gambling content experts helped write, edit and check the content on this page:

Noel is a writer for Compare.bet with over a decade of experience writing on topics including online casino and sports betting.

The following external expert contributors worked with Compare.bet to ensure the content of this page provided maximum value, accuracy and insight:

Adam Dickinson
Adam has almost a decade of experience working in the gambling industry, including various content and marketing roles at the likes of PlayOJO, Betway and Entain He is currently the Head of Marketing at Arena Entertainment. Adam puts his vast experience to use as a fact checker for Compare.bet.