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Oftentimes, online sportsbook companies will offer some type of bonus as an incentive to get new players to sign up and to provide loyal players with rewards for continued play. There are several issues surrounding the bonuses on offer. I believe there are essentially three types of bonus structures: Deposit Bonuses, Free Bets and the Reduced Juice Sportsbook. Each betting site has their own rules and fine print with regard to their sports betting bonuses and I try to highlight this for you and help you figure which type of bonus makes the most sense for you based on the type of player you are going to be.
Deposit Bonuses and Free Bet Bonuses are similar to one another, but have one important
difference. The first thing to know is that your Deposit Bonus or your Free Bets
are never attributed to your sportsbook account immediately upon your registration.
You will need to risk/wager/play the value of your first deposit several times over,
in order to be eligible for either type of bonus. Sportsbook companies want their
bonus to reward your play with them. So if you play, your bonus will be awarded
once you’ve reached their defined play-
This the important difference between a Deposit Bonus and a Free Bet bonus: With
a Deposit Bonus, the bonus itself may become eligible to be withdrawn as real money
from your account once you’ve satisfied the play-
The other type of bonus structure is the reduced juice sportsbook. These companies offer consistently higher paying odds for most games, but in doing so, forego the deposit bonus or free bet incentive. Pinnacle Sports does not offer a deposit bonus or free bets and are the lowest juice sportsbook, consistently offering very high paying odds. The added value is passed on to the bettor through the odds pricing rather than bonuses. This just means you will get your bonus over time forever, rather than all up front and your bonus has no limit.
How to decide if the bonus structure is the deciding factor in choosing a betting
partner? If you see yourself playing in the long term, Pinnacle Sports will likely
pay out more to you than any sign up bonus possibly could. However, if you like
the idea of building a massive stack from a smaller deposit and the initial bonus
structure would help in building this, go for any of the other sign-
Quickly Compare the Top Football Betting Sites for Canadians
Bodog is one of the oldest brands in Canadian sports betting, founded in 1994. They’ve paid out over $50 billion to players, having never missed a payment. They only accept Canadian players so you know they cater Canadian preferences. Read the full review here.
Pinnacle Sports was established in 1998. You may not have heard of them because they don’t advertise. They don’t offer a sign up bonus. Why? This costs money. Pinnacle operates on super thin margins to consistently offer you the highest paying odds. Pinnacle calls this 'A bonus for life.' If consistently high paying odds are important to you, Pinnacle is likely your best option. Read the full review here.
Sports Interaction was founded in 1997. It is the only completely Canadian sportsbook
William Hill pioneered sports betting, established in 1934. They are listed on the London Stock Exchange, with a long track record as a solid & reliable company. William Hill has also catered to the Canadian market since betting moved online in the 1990s and they tailor their site to our preferences, not UK preferences and they offer a wealth of Canadian Dollar banking options and a wide array of football betting choices. Read the full review here.
About My Football Betting Listings:
Why is my list so brief? I only list the sportsbooks that I consider to be the best for Canadians. I researched nearly 30 companies. If I ranked them all, would you sign up with sportsbook number 22? Not a chance!
Thus, I keep things simple. If a company doesn’t measure up against my Canadian perspective, they don’t get listed.
Why could a sportsbook fail to get listed? A record of withholding bettor funds or placing limits on the accounts of winning players, not offering Canadian Dollar betting or not offering mobile wagering solutions.
Each listed company has satisfied my review criteria, but there are differences in their service offerings, so read the reviews and choose based on your own preferences and requirements, not some fake rating scheme.
If you like to compare football odds and lines to get the highest possible payout, it probably makes sense to register with more than one site so that you can maximise your winnings.