Free Bets Ontario: Unlock the Best Free Bet Offer in Ontario

Welcome to our guide listing the best free bet offers in Ontario. We’ve searched through all the legal sportsbook in the province to compile a list of the best free bets Ontario has to offer.

So, If you’re searching for the most lucrative and enticing free bet credits Ontario residents can claim, you’re onto a winner.

Best Free Bets Ontario

PointsBet Ontario Promo

888Sport Ontario Promo

Bet365 Ontario Promo

BetMGM Ontario Promo

BetRiver Ontario Promo

FanDuel Ontario Promo

LeoVegas Ontario Promo

Northstar Ontario Promo

Unibet Ontario Promo

Understanding Free bets Ontario

In order to make the most of the free bets on offer in Ontario. You must first understand the basics of sportsbook promos and free bet offers. Let’s start by looking at what sportsbook mean by the term ‘Free Bet’

What Are Free Bets?

Free Bets or Free Bet Credits are when a sportsbook will allow you to place a bet for free, or more specifically with the sportsbook or houses money.

This means we don’t risk any of our own money, but if we win our bet we get to keep the winnings from the free bet.

How Free Bets Work?

Free bets work similar to normal bets. However, as discussed we only receive the profit made from the free bet back and not the value or stake of the free bet used.

Unlike placing a normal bet, we usually need to tell the sportsbook when we are using a free bet rather than our own cash.

In most cases we can do this by selecting a toggle dropdown or check box on the sportsbook betslip, similar to the image below:

Often promotions will have tasks that need to be completed before a free bet is awarded. These can come in the form of a qualifier bet or a qualifying deposit.

However, there are many types of free bet offers Ontario sportsbooks make available to potential customers. Let’s look at some in the next section.

Types of Free Bets in Ontario

The first thing we need to learn are the three main types of free bets:

• Stake Not Returned Free Bets
• Stake Returned Free Bets
• Bonus Credit

Firstly, let’s look at the most common free bet type, Stake Not Returned Free Bets. These free bets will return any profit made from a winning bet but not the stake value of the free bet.

Secondly, we have Stake Returned Free Bets. As you would expect if these free bets win you get both the winnings from the bet along with the value of the free bet that was staked. Although these free bets are incredibly rare!

Last, we have account Bonus Credit. This is when a separate bonus balance is added to our account. Sportsbook will usually require the bonus amount to be wagered or turned over a certain amount before the bonus funds are converted to cash we can withdraw. The bonus credit doesn’t need to be selected or specified on a betslip like a free bet. The bonus funds will be used in either two ways:

• Bonus Funds will be used before your real cash balance
• Real cash balance will be used before bonus funds

So, always double check the small print of a promotion to understand how the free bet or bonus funds will work.

Where to find the Best Free Bet Offer and Free Bets Ontario

You can find great free bet offers for new customers right here on BetLogical. Alternatively you can find great existing customer offers at websites like Oddsjam.

There are even services dedicated to finding free bet offers such as ProfitDuel, DarkHorse Odds and NinjaBet to name a few. I recommend Oddsjam for Ontario and Canadian residents as they have the widest coverage for Canada.

Free Bets Ontario: New Customers Offers

New customer offers are promotions and free bets Ontario sportsbooks will offer after you create an account for the first time. These offers can only be used once.

There are a number of different types of offers which all work slightly differently. We’ll take a look at the all below.

Matched Bet Free Bet Offer:

The offers are some times referred to as bet and get offers. A sportsbook will match our first bet with a free bet. Often by 100% up to a certain dollar amount, but you do get 50% bet matches.

For example, Northstar Bets offer: Get 100% of your first qualifying bet at NorthStar Bets matched with a Bonus bet up to $150 whether you win or lose!

This means if we bet $150 on our first bet with Northstar Bets. They will reward us with a $150 free bet.

Consequently, if our first bet with NorthStar is only $100 we would get a $100 free bet.

Although betting more than $150 will only result in a $150 free bet as the free bet is capped up to $150.

These are nice and easy offers to complete

Deposit Match Free Bet Offers:

Another free bet Ontario sportsbooks will offer are called deposit matches. This is when the sportsbook will match our deposit with a free bet in most cases by 100% or 50%.

Although be caution because not all deposit methods are eligible for these free bets.

Second Chance Bets (Risk Free Bets) Offers:

In the last two free bet types we get a free bet no matter what. However, second chance bets or risk free bets as they were formerly known. Only credit us with a free bet if our first bet loses.

If our first bet wins we’ve made a profit, but if we lose we get a second chance at winning with the free bet.

There is a way to hedge these offers I have a whole article about this risk free bet strategy which you can read here.

Enhanced Odds Boost Offers:

Although not as common as other free bets Ontario currently offers. I’ll include this promotion type.

An odds boost technically isn’t a free bet but they certainly provide us with a good deal. As the name suggests an odds boost, boosts the odds of a bet well above the ‘fair’ price.

An example would be Colorado Avalanche to win the Stanley Cup boosted to +5000 from +800. Certainly a good bet any seasoned sharp bettor would snap up.

These offers are more common when big events are happening such as Superbowl or Playoff games.

No Deposit Free Bet Offers

These offers are the least common free bets Ontario sportsbook will send out. These Free Bets are often sent via text, email or given at sporting events.

As the name suggests these free bets don’t require any deposit. In most cases you simply enter a promotion code on sign up and a free bet will be credited to the account.

Free Bets Ontario: Existing Customers Offers

Once you’ve sign up to a sportsbook and use the new customer welcome offers. The free bets don’t stop there.

Often sportsbooks will have free bets and promotions for existing customers. You can find these in the ‘Promotions’ section of the sportsbooks website. It should look similar to the images below which shows FanDuel’s existing customer free bets Ontario

There are a vast range of different existing customer offers, some tailored to certain bet types like parlay or some free bets are offered for certain sports such as baseball. Let’s look at some of these existing customer offer types.

Types of Existing Customer Free Bets Ontario

Let’s start with the simplest offers first. These are quick and easy promotions you can use to bag a free bet.

Account Drops:

These are the easiest free bets you can get. The sportsbook simply adds a free bet to your account, no string attached! These can be part of weekly bet clubs, because it’s your birthday or if you have logged in for a while.

Sportsbook Deposit Offers:

Next, we have the deposit offer. As the name suggests we get a free bet for making a deposit into our betting account. Always check terms to see which deposit methods are eligable as often e-wallets are excluded.

Bet and Get Offers:

In addition to deposit offers we have the ‘Bet and Get’ offer. In order to get credited with a free bet in these cases we must first bet a certain amount or on a certain event.

As a result we get credit with a free bet.

For example, an offer could be: Bet $25 Pre-Match on a Hockey game and get a $25 free bet to use in-play for the same game.

These are the real bread and butter of free bets Ontario

Bet Refund Offers:

Another popular offer type is the bet refund. These offers refund your bet stake either as cash or as a free bet if you bet loses in a certain way.

An example is the Hockey Overtime Insurance with Pointsbet. If your moneyline match winner bet loses in overtime you bet stake is refunded.

Early Payout Offers:

These offers are the signature offers available at Bet365

As the name suggest Bet365 will pay your bet out early. i.e. before the end of the game if your chosen team gains a certain lead against their opponent.

In NFL if you team gains a 17 point advantage over their opponents Bet365 will settle the bet as a win or mark that leg of a parlay as a win. Even if your team goes onto lose the game.

The offer is available on a number of sports each with their own early payout critreia:

• Soccer Early Payout: 2 goals ahead
• WNBA Early Payout: 18 points ahead
• Baseball Early Payout: 5 runs ahead
• Ice Hockey Early Payout: 3 goals ahead

However, these can change every now and again so do check the promo page regularly.

Odds Boosts

An odds boost is when a sportsbook will enhanced and ‘Boost‘ the odds of a sports bet far above what any other sportsbook is currently offering for the same selection.

Websites like FanDuel will often have a page for their daily boost just like this page.

In addition some sportsbook credit odds boost token which you can use to boost the odds on a game of your choice. This can up the ante when watching the big game

Parlay Insurance Offers:

There is nothing worse than losing out on a big win by one selection. All your teams and outcomes have come in but only one selection lets you down.

Fortunately, if your sportsbook offers parlay insurance you can often get a free bet equal to your bet stake if only one selection lets you down.

It may not be the big win you hoped for but a nice free bet can take the edge off.

Parlay Boost Offers:

Similar to the bet boost offers sportsbook will run promotions where they will either boost the odds or the winnings of a parlay dependent on how many legs are in the parlay.

More legs equal a larger boost. The extra winnings can either be credited in cash or as free bets

Weekly Bet Clubs or Vip Bet Club

Sportsbook love rewarding active customers and many have loyalty scheme, betting clubs and VIP awards.

These promotions reward total volume of bets placed via the sportsbook. As you place more bets you will climb up the reward tiers. The rewards can be free bets, free sports tickets, concert tickets and even holidays.

Claiming Free Bet Offers: Step by Step Guide

If you haven’t used or place a free bet before don’t worry I’ll guide you through the entire process in this free bets Ontario guide. Firstly you’ll need to select a free bet offers. Let’s do this in step 1!

Step 1: Select a Free Bet Offer

In order to get started you will need to choose a free bet offer from the Best Free Bets Ontario section.

Once you have chosen an offer click on the ‘Claim Offer’ button that located at the right hand side of the Best Free Bets Ontario section on desktop. If you’re browsing on a mobile device the ‘Claim Offer’ button will be in the middle of the page.

Step 2: Check The Terms and Conditions

Next we need to check the terms and conditions for the offer. The terms will be displayed in the promotions section of the website.

Be sure to check for requirements such as minimum odds or maximum odds, along with any expiration periods for the free bet, sports restrictions or bet type restrictions.

Step 3: Register with a Sportsbook

Once you’re happy with the terms of the offer proceed to register an account with the sportsbook. Make sure you enter any promo codes required to be eligible for the sign up offer!

Enter the detail requested by the sportsbook. Make sure to enter your Legal name so no nicknames! As the sportsbook need to confirm you’re age to allow you to bet and receive your free bet in Ontario.

Don’t worry if you’re asked for documents such as a driver’s license and utility bill, this is inline with standard industry regulation.

Step 4: Deposit Funds into the Sportbook

Often you will deposit funds into your account during the registration process but you can also deposit after registration.

Ensure you deposit using a deposit method that is eligible for a free bet. Sportsbooks will regularly omit deposit via e-wallets as this method is expensive and more prone to bonus abuse.

Step 5: Satisfy any qualifying terms

Next, we need to complete any qualifying requirements. Although if this is a deposit only offer from the Free Bets Ontario section you can move onto step 6.

If we need to place a bet, first find a market within a game to bet on. Make sure the bet meets all the terms such as minimum odds, max odds and any sports or market requirements.

Step 6: Place Our Free Bets

Finally we just need to place our free bet. If the promotion from the Free Bets Ontario section was a deposit offer your free bet should be credited immdieatly.

Otherwise we should get our free bet either after placing our first bet or after our first bet settles.

Congratulations, if all went to plan you should have earned your first free bet.

Now just use it on a bet of your choice. Make sure you select or toggle you’re using the free bet on the sportsbook betslip.

Maximizing Our Free Bets

What are the best strategies to maximize our potential profit from all the free bets Ontario has to offer.

Unlike a normal bet using our own money. Most free bets are stake not returned free bets meaning that the value of the free bet is not return if we win our bet.

For example, if we used a $100 free bet on a bet at odds of -500 (1.20 decimal) and our free bet won we would only receive $20 back from the bet.

Due to this we want to use free bets on high odds bets like underdogs or a parlay bet. If possible try to aim for odds above +250

Although this means you’ll win from your free bets less often you’ll win bigger when they hit.

However, if you prefer to profit every time there is a strategy which can convert a free bet to a guaranteed cash profit. This is called Matched Betting.

Best Free Bet Ontario Strategy

In my opinion, The best free bet strategy is to use a free bet conversion tool along with my matched betting Canada guide to extract the maximum profit from a free bet.

However if you prefer to punt your free bets I would recommend building a high odds parlay. One thing to note is that you cannot cash out most free bets so if you have a mega multi leg parlay that one of two legs from a big win. You can hedge the free bet to lock in a profit.

Check out my how to hedge a parlay guide.

How to Hedge a Free Bet

As I have mentioned free bets usually can’t be cash out at the sportsbook that give the free bet.

However, we can place what’s called a hedge bet with another sportsbook to lock in a profit. We do this by placing a bet on the opposite outcome to whatever we placed our free bet on.

For example, If we used our free bet on Toronto Maple Leafs to beat Edmonton Oilers. We would want to place a hedge bet on Edmonton Oilers to beat Toronto Maple Leafs.

This means that if we lose our free bet we are guaranteed to win the hedge bet.

By using some simple math or by using a Free Bet Conversion Calculator we can calculate exactly how much we should place on the hedge bet to make the same profit the same amount regardless of the outcome of the game

Common Mistakes

There are some pitfalls and mistakes people can make with free bets that you should be aware of:

Letting free bets expire: Often free bets are valid for a limited period of time after being issued. For example, a free bet may expire after 7 days.

Exceeding the Max winnings: Sometimes the terms of a promotion may include a maximum amount of money that can be won from a free bet.

Placing Free Bets on Heavy Favorites: Unlike betting with our own cash free bets don’t come with the same level of risk. As such we want high reward bets.

Keep these in mind when using free bets from the Free Bets Ontario Section

Free Bets Ontario Summary

The Free Bets Ontario has to offer are a great way to boost your betting balance or get another shot at taking down that big 12-leg parlay.

Not only can you find some of the best free bet offers Ontario provides for new customers. You can also continue to profit from free bets for existing customers.