Free Bets Ontario

Free bets are one of the most sought-after incentives for everybody involved in sportsbook betting, from beginners to veterans. Free bets, which can be awarded for a number of different reasons, can seriously help boost the bankroll of all player types, whatever they like to gamble on.

At OntarioBaller, we believe it’s only right that all Ontario-based players know everything there is to know about free bets, including where they can find them, what they are for and the optimal ways of utilising them to maximise potential profits.

So, read on to acquire all the knowledge necessary to be able to master free bets and truly make the most out of every single free bet betting experience you participate in. Don’t let these truly lucrative opportunities go to waste!

Free bets are a fairly simple concept, but might also not be quite what new players are expecting when they first come across them.

Essentially, free bets work like coupons or gift cards. They’re worth their face value but only with the retailer, or in this case betting site, that distributed it.

In the most basic example, a $10 free bet may be used in lieu of $10 cash to wager on anything allowed under the promotion's terms and conditions. Free bet terms and conditions are usually fairly liberal, allowing for betting on a variety of sports, although they might sometimes restrict users to certain sports or events.

The only difference between a free bet and a conventional bet is that if the bet wins, the wager amount is not repaid along with the winnings. A $10 free bet on odds of 9/1, for example, would deliver a total of $90 to the winner's wallet while usually $100 would be expected.

As well as potentially restricted markets, the terms and conditions of a free bet may also state minimum odds or a minimum number of selections, so always check these before placing your bets as you may disqualify yourself otherwise.

The most common method of obtaining free bets is by registering with a betting site you do not already have an account with that offers them as part of a welcome bonus. Welcome bonuses usually come equipped with some of the biggest free bets found anywhere.

Free bets are by no stretch of the imagination limited to just welcome bonuses though and can be awarded to new and existing players under a multitude of different circumstances.

Free bets can be found at all the top betting sites, as well as new and upcoming betting sites that are trying to entice new clients and custom.

To make your free bet gambling experience as simple as possible, we make it our job to locate and compile all of the free bets that are available to Ontario residents, so you can spend less time searching for valid free bets and more time earning big profits.

Free bets can be offered in all kinds of shapes and sizes. They can be as simple as “here’s a $10 free bet to use however you like”, or “thanks for signing up, here are 5 x $10 free bets which each are to be used on particular sports or markets with the following terms”.

Here are some of the most common free bet types that can be found for punters based in Ontario, Canada:

A lot of sportsbooks will give you a free wager just for joining up. Some, on the other hand, will give you a bonus if you make a deposit. A deposit bonus is preferable to a basic free bet on registration since the latter generally comes with a lot more terms and conditions. In most cases, a deposit bonus may be used on any market.

Before Matched Betting became popular, bookies would give you a cash deposit bonus with the caveat that you couldn't withdraw it. Nowadays, it's mainly in the form of a ‘Stake Not Returned (SNR)” bet credit, although some companies still give you a welcome bonus when you register.

When you join up with a new bookmaker, you'll generally get a matching free bet. You'll notice promotions like "bet $20, receive a $20 free bet." This sort of deal isn't common for current customers, but it's not impossible either. In most cases, the qualifying stake is substantially more than the free bet for existing accounts. This sort of marketing isn't as common as it once was, but it does appear now and again when new sportsbooks join the Ontario market.

A qualifying free bet is one on which you must put a wager in order to get a free bet. So, if you bet $20, you'll receive $10. To qualify for a free bet, you must wager $20 on certain sports and at a specified price. For bookies around the world, this is a very common format, so players in Ontario can very much expect to see these. Free bets are usually offered in SNR, but you should check the terms and conditions for each deal.

You'll notice things like "Get 10% of your NHL loses back each month" if you have a Refund Bonus. When you lose money, any incentive is great, but this free bet type tends to favour established account holders over new account creators.

A free bet can only be used at the betting site that issued it and cannot somehow be taken across to another site, even if the bookmaker in question is owned by the same parent company.

In terms of which sites offer free bets, you’ll do well (in an unfortunate sense) to find one that does not. They’re a great tool for betting sites to attract new customers and retain current ones.

Free bets can be used on most sports and markets, however the particular terms and conditions of each offer will state this information, so always check this information before signing up, during the registration process or before depositing any qualifying funds.