Unlike matched bets that are provided irrespective of the outcome of your real money wagers, risk-free bets are only given if your original bet loses. Risk-free bets are another popular type of sportsbook bonus. This means that if you deposit $85, you will receive $85 in free bets. In the case of Powbet, for example, you will receive free bets equal, in value, to your first payment, up to $150. The value of the matched bet depends on your deposit, and there is normally a cap on the maximum amount that can be awarded. Matched bets are the most common type of free bets provided by top Canadian sports betting sites. There are several different types of new player bonuses available, but the majority of these allow you to place free bets. When you join any of the best online sportsbooks in Canada, you will be offered a welcome bonus. The Main Types of Free Bet Welcome Bonuses However, terms and conditions, such as a rollover requirement, normally apply. As you will see throughout this free sports betting guide, there are several different types of free bets.Īpart from not using your own money to wager on sports markets, all types of free bets allow you to withdraw any resulting prize should your bet win. Get a $10 free bet with your first $10 betįree bets are best described as a way to place a sports bet without using your own funds.
