What Are Free Bets?
To put it simply, free bets are the most common type of bonus you’ll find at Canadian betting sites today. While the name suggests that they’re free, you will most likely need to make a deposit and a bet in order to get them. More importantly, free bets are attached to a variety of terms and conditions that you must complete in order to collect any winnings.
What makes bookmakers free bets so popular is the fact that they remind players of the free bets they got in the past in betting shops. A free sports bet is also a great way to get started at a bookie. It’s the best way to explore new markets without breaking the bank and paying a lot of cash.
If you’re a sucker for bonuses like all punters are, you’ve probably already used a free bet so far. In terms of size, they tend to be smaller than deposit bonuses for example. That depends on the bookie, though. A major betting site may offer higher free bet sums that will come in handy for that new market you’ve been eyeing.
Top Canadian Free Bets Offers
We want our readers to always get the best free bets and bonus offers online. That’s why we’ve compiled a list of the absolute best free bets in Canada in 2021. They’re all right there for your convenience, packed conveniently in a table. You can simply point and click at a bookie to claim the free bet and start betting on your favorite sports.
The top Canadian free bets offers on this list are from top-shelf betting sites that you can trust. They have fair and reasonable terms, so you won’t feel cheated when you claim them. Go ahead and choose one now and enjoy everything this special bonus offers.
- Streamlined and simple user interface
- Excellent new user bonuses & daily bonuses
- Huge variety of sports & betting markets
Are Bookmaker Free Bets Truly Free?
Many punters are confused about the term free bet. This bonus doesn’t come for free. It is usually tied to a specific sports market after you make a deposit and bet some cash. In most cases, bookmakers will offer them right on sign up. The welcome free bet is the most common type of bonus these days, and encourages punters to register with a new site.
However, despite the name, these bets are not free. First things first – you will most likely need to make a deposit and bet that amount to claim it. Any winnings accrued with free bets are subject to wagering requirements. This means that you’ll need to spend more cash in order to get your winnings. Free bet offers are great, but nothing ever comes for free on gambling sites. That’s the harsh reality of casino gambling and online sports betting and we want to be transparent about it.
On the other hand, free bets online are a great way to explore a new bookie. Join a new betting site with thousands of markets and you can use the free bets the bookie offers to explore what’s on offer. Why spend a lot of cash on bet slips when you can make your first bet and claim a free one? You will almost certainly get something like C$10 or more, which is more than enough to place a bet on a football match, horse race, or predict the winner of the Stanley Cup.
If the bookmaker allows you to bet on anything with the free bet, you can do anything you want to.
How to Claim Free Bets Online?
In most cases, free bets are available as welcome offers. For those unaware, welcome bonuses are only available to new players who have just made their first deposit. It’s the way a bookie encourages punters to sign up. Every betting site has its own spin on free bets, with the best free bets coming with low wagering requirements and being open to all markets.
Claiming free bets today usually goes like this:
- Register and make a deposit – make sure to cover the minimum deposit;
- Many betting sites will require to place a bet of the same amount;
- Once the bet is settled, the bookie will automatically give you a free bet;
- Read the terms and conditions carefully to see how you must use it. Failure to comply with the rules will result in forfeited bonus funds.
The free bet size is determined by the bookie itself. Some will give you C$10 or C$20, others might give you 3-4 free bets in excess of C$100. Whatever the offer is, you should never claim it without reading the terms and conditions first. These are essential to learn how you must use the free bet and eventually get your hands on any winnings.
Free Bet Terms and Conditions
Free bets are still a betting bonus, and as such, they come with a set of rules. The terms and conditions for a free bet differ a bit from regular bonus T&Cs. Some of the rules are the same, but others, such as the wagering requirements and limits, may differ.
The wagering requirements are the most important term you should be aware about. If you don’t know what these are, they represent the number of times a bonus should be played over before you can withdraw any winnings. For free bets, the wagering requirements are usually low at 5x or 10x. as soon as you turn the bonus funds over that number of times, you’ll be able to withdraw.
To put things into perspective, if the free bet you’ve got is C$10 and it needs to be wagered 5 times, your winnings will be available after you bet C$50.
Check the terms to see if you can use the free bet at once or it needs to be spread across a few bets. Ensure that it’s available on all sports and not just horse racing or sports. Sometimes, free bets are only available on selected markets. Make sure to cover the minimum odds too. Most Canadian betting sites will allow you to use free bet offers on odds of 2.0 or higher.
Due to the set of rules you must follow, it’s wise to read the T&Cs in detail. Think of them as the fine print on medicine bottles – there are certain “side effects” that can make you lose the extra funds if you don’t follow the rules.
How do Free Bets Differ from Other Sports Betting Bonuses?
Free bets may be a type of betting bonus, but they are different from deposit bonuses, for example. These are literal free bets on the house, although with a few terms attached to them. That’s the part that makes them the same as any other betting bonus. However, you get to spend this free bet on a market or markets in either its entirety or part of it.
Free bets are a great way to get some extra cash as soon as you sign up at a bookie. They will help you explore new markets and give you a chance try the bookie out. If the terms are fair, and they are at the best bookmakers online in 2021, we see no reason why you should skip a free bet.
Get yours right away and read the terms, then use it in the way it’s meant to. If you want our advice, go wild with it and try a new market. Risking a free bet isn’t harmful at all, although some punters would prefer to pick up a few tips and tricks that can almost but guarantee profits.
- One of the best platforms for mobile betting
- Unique promotions for new gamblers
- Diverse markets with lots of special bets
You’ll see risk free bets online that are a bit different than what regular free bets offer. This type of bonus covers your losses in the form a free bet if the bet you’ve placed before loses. Your stake will simply be refunded, but most bookies choose to offer a free bet in return.
There are plenty of betting sites in Canada that offer risk-free bets. With them, you can max out on a slip and place a bet on a riskier market, then get a free bet in return even if you lose. This is exactly why punters in Canada love these free bet offers, even though they are rare to find.
Free Bet FAQs
No, they’re not. The name might lead you to believe that free bets are free, but in reality, they are tied to a string of terms and conditions you must adhere to. Failing to follow the rules will result in forfeited bonus funds. Every free bet has different terms – make sure to go through them all before you choose one and use it.
Yes, you can. If you win your bets placed with the bonus funds, you will get real money in return. Keep in mind that free bet returns don’t include the stake.
In general, free bets are only available for 7 days after sign up. This information should be available under the terms and conditions, so make sure to go through them.
Free bets are most often rewarded as a bonus, not withdrawable cash. The idea is to use them on a betting platform and become a returning customer. Withdrawing winnings from a free bet is possible, but only after meeting all the requirements set by the bookmaker.
The best free bets will have low wagering requirements. These state the number of times the bonus funds should be bet over so you can withdraw any winnings. If you fail meeting the wagering requirements in the set time, your winnings will be forfeited.