Sportsbook Promos in Canada (2026): Claim up to $5,860 in Betting Bonuses

The sports betting landscape in Canada is quite vast, but some sportsbooks clearly stand out from the pack. Leading the way is ToonieBet as the top-rated book. However, several betting sites in Canada are ready to challenge ToonieBet for the title, and some already have them beat in certain areas.

• ToonieBet – Best for casual Canadian bettors seeking a sleek mobile experience
• TonyBet – Best for straightforward promos and an extensive casino platform
• bet365 – Best for lor low-risk betting bonuses and wide market coverage
• Stake – Best for crypto enthusiasts and frequent bettors who enjoy VIP rewards
• Betway – Best for regular sports betting promos and an easy-to-use app

ToonieBet has received rave reviews for its stellar live betting experience and highly functional mobile interface, which makes betting and managing your account incredibly easy. ToonieBet also offers the best sportsbook promo in Canada for new customers.

This betting site is making waves for its unique welcome bonus, which rewards new customers with up to $150 in bonus bets. You don’t need a ToonieBet promo code to claim the sign-up offer if you follow one of the links or ‘Bet Now’ buttons on this page.

The $150 in bonus bets arrive as a deposit match, and it’s important to fully understand the terms and conditions outlined below.

Highlights of the ToonieBet sign-up bonus

ToonieBet welcome bonus overview

The ToonieBet deposit match bonus delivers up to $150 in bonus bets if your first deposit is for at least $150. You must deposit at least $30 to receive $30 in bonus credits, and your qualifying deposit will be fully matched at 100%, up to $150.

One thing you’ll notice after making your deposit is that the bonus funds aren’t automatically added to your account. For the bonus funds to be released, you must play through the full amount. So, if you deposit $150, you must wager $150 to get the bonus cash. Another important small-print note is that only the first $75 of any wager counts toward the bonus release. So, if you deposited $150, you would need two separate $75 wagers to receive the full value of this betting bonus, or you can place multiple smaller bets totalling $150.

Once the bonus cash has been released to you, you must complete a 6x rollover before you can withdraw it, and the playthrough requirement must be met within 30 days. If you’re a frequent bettor, this won’t be an issue, and casual bettors shouldn’t have trouble fulfilling the terms of the offer within the first 30 days as a ToonieBet customer either.

Pros and cons of the ToonieBet deposit match bonus

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ToonieBet user feedback

“The live chat support is very useful for quick help. Sports betting covers many popular leagues. Withdrawals are reliable.”  — Candido Ashton, PlayStore

“Big bonuses, tons of games, and quicky payouts!” — Kimberly McQuigge, PlayStore

“Great interface. You can go from sports betting to slots with just one tap. It’s rare to find this quality of gaming in Ontario.” — Aries Krishnomoorthy, PlayStore

“Terrible interface, and will only let you win with bonus money which you can’t withdraw without ridiculous playthrough.” — Matt C., PlayStore

TonyBet is known for pairing its sportsbook with a strong online casino. For new customers, this betting site offers a solid bankroll boost: enter code SIBONUS during registration to receive a 100% deposit match of up to $350.

Highlights of the TonyBet welcome bonus

TonyBet bonus overview

At TonyBet, you can double up your first deposit with a 100% match bonus by using the TonyBet promo code SIBONUS. The minimum deposit required to qualify for the match bonus is $15, and your qualifying deposit will be fully matched, up to $350.

The playthrough requirement for the welcome bonus is low compared to TonyBet’s competitors at 5x, but the rollover must be completed before your bonus is released, similar to ToonieBet. You have 14 days to complete the rollover after you make your deposit and your bets must have odds of -200 or longer. I played it safe with my initial wagers, picking NHL moneylines and player props until I bet through my initial deposit five times.

After fulfilling TonyBet’s wagering requirements, the bonus is credited as a single bonus bet equal to your deposit amount.

Pros and cons of the TonyBet Sportsbook deposit bonus

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TonyBet user feedback

“Best sportsbook app I’ve tried. Most of the others feel so outdated and buggy. This one look beautiful and modern, and it’s easy to navigate.” — Jeremy Andrews, PlayStore

Great app! Easy to use and loved the selection of casino games. Interac makes it easier to deposit and withdraw.” — Richard Rawlinson, PlayStore

“The 100 new player bonus didn’t register, but I contacted customer service and within 10 minutes they manually applied it to my account.” — Working2Day, App Store

“It’s an okay app, but notice sometimes I have to reinstall the app as it doesn’t let me login. Very annoying.” — Sayba18, App Store

bet365 stands out as one of the best sportsbook promotions in Canada, thanks to the flexibility it offers with two terrific welcome bonuses that appeal to a wide range of bettors.

New users can select one of two lucrative sign-up offers at bet365. You can choose to bet $10 and get $50 win or lose, or claim up to a $1,000 First Bet Safety Net. These two bonuses cater to both budget bettors and high rollers.

To claim either of the bet365 welcome offers, simply use the bet365 bonus code SI365. Then make your choice between the Bet $10, Get $50 win or lose promo, or the $1,000 First Bet Safety Net during registration.

With highly competitive odds, extensive sports market coverage, and two of the best sign-up bonuses, bet365 is also one of the best NFL betting sites, thanks to extensive coverage, hundreds of props listed for every game, and a selection of exciting Super Bowl betting promos.

Highlights of the bet365 Sportsbook bonus

bet365 sports betting promos overview

The bet $10, get $50 win-or-lose offer is exactly as it sounds. Enter the promo code during registration, deposit a minimum of $10, and place your first bet on any market with odds of -500 or longer. Win or lose, you will be credited with $50 in bonus bets. It’s that simple. These bonus bets must be used within seven days, and since you’re guaranteed to get $50 regardless of the wager’s outcome, you can take a little more risk with that $10 bet to maximize your potential winnings.

The $1,000 First Bet Safety Net is a better option if you’re an experienced bettor looking to build a large bankroll with minimal effort. Through this promotion, you will receive a refund in bonus bets on your first wager should you lose. To claim the offer, enter the bet365 promo code SI365 while creating your account. Deposit $10 or more, but ensure this deposit is enough to cover the amount you want to wager using your first bet safety net. Make your initial bet of up to $1,000, and if you lose, you’ll be refunded the full value of your wager in bonus bets, which must be used within seven days.

I chose the second option when I joined bet365 and placed a large qualifying bet on a Colorado Avalanche moneyline against the Nashville Predators. I played it a little safer here, picking the Avs to beat a struggling team. They won, so my qualifying bet was paid out like a regular wager, with the stake and winnings returned.

Pros and cons of the bet365 sign-up offers

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bet365 user feedback

“Great app, easy to navigate through, payouts are simple, and customer support is very efficient” — Peter Bagshaw, PlayStore

“Simple to use, cash out is easy, deposit is easy, no problems, and good bonuses.” — J Cucenca, PlayStore

“Good new user promo. Quick Withdraw. App interface is ok.” — Brian C, PlayStore

“Very functional and probably the easiest sports betting app to use. Promos offered by bet365 are among the worst and have greatly declined over the years.”  — Matt Alexander, PlayStore

Since arriving in Canada, Stake has earned a reputation as the most crypto-friendly sportsbook, and it delivers one of the most generous sports betting sign-up bonuses in the industry. New customers can use the Stake promo code SICOM to claim a 200% match bonus on their first deposit, up to $4,060 (USD$3,000). If you’re a crypto enthusiast, Stake makes it extremely easy to deposit and withdraw funds by accepting more than 20 cryptocurrencies.

Note: Stake is not available to bettors in Ontario. You can check out the latest Ontario sportsbook promos at our Ontario sports betting page.

Highlights of the Stake welcome bonus

Stake Sportsbook bonus overview

The Stake.com welcome bonus is the largest deposit match and offers the most total value among Canadian sportsbook promos for new customers. After entering the Stake promo code SICOM during registration, you will receive a 200% deposit match bonus, up to $4,060. The 200% match is twice as much as most betting sites offer, and the maximum amount you can receive in bonus credits is a huge amount when compared with ToonieBet, TonyBet, and Betway offers.

One knock against the Stake sportsbook sign-up bonus is its 40x rollover requirement. It’s quite high when compared to some rivals, making the welcome bonus more beneficial to high rollers and frequent bettors. However, unlike other bookies, all sports bets and casino plays count against the rollover requirement, so I found it to be quick to play through my deposit and bonus funds because I enjoy online blackjack, roulette, and an assortment of Stake Originals, including ‘Mines’, ‘Snake’, and ‘Plinko’.

Pros and cons of the Stake deposit bonus

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Stake user feedback

“The app is super easy to use, very similar interface to the website. Have had no problem depositing and withdrawing from the app. Would recommend.” — ONFM7373, App Store

“10 Stars. This is an honest app with amazing games, and the payout is instantly not like other gambling sites where is takes 3-4 days to get your money.” — Kel,n!, App Store

“Has real promotions. Not anything like deposit this, wager this crazy amount to get the bonus. It’s realistic, has good rakebacks and weekly/monthly bonuses.” — KWC78099, App Store, 

At Betway, new customers can choose one of two terrific welcome offers. You can either get up to a $200 bonus bet plus 20 bonus spins or go for a $300 deposit match offer with 50 bonus spins included for the slots at Betway Casino.

No Betway promo code is required to claim this offer. Simply visit the site via one of the links or ‘Bet Now’ buttons on this page to get started before selecting the offer that interests you.

Highlights of the Betway Sportsbook sign-up bonuses

Betway sports betting bonuses overview

The Betway welcome bonuses will unlock either a single bonus bet (worth up to $200) or up to $300 in bonus cash. You’ll also receive 20+ casino spins regardless of the choice you make. It’s up to you to decide which suits your betting habits, but I personally recommend Betway’s $200 bonus bet offer. I appreciated that there were no wagering requirements, and the bet insurance afforded me two opportunities to get off to a hot start.

Should your first bet lose, you will receive a bonus bet of equal value — up to $200. This bet insurance, also known as a second-chance bet, doubles your odds of hitting a big winner early. I recommend sticking to the sports you’re most familiar with and placing a straight moneyline bet on a streaking team or picking a prop bet you’re confident in, such as a rushing yards prop in the NFL or a shot prop in the NHL. If your bet loses, you will have seven days to use the bonus bet, so it’s quite simple to take advantage of this offer.

To qualify for the deposit match, you must deposit at least $10. You will receive bonus bets equal to the value of your first deposit, up to $300. The deposit match has a hefty 10x rollover requirement, and wagers must have odds of -133 (1.75) or longer to count toward it.

Pros and cons of the Betway Sportsbook promotions

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Betway user feedback

“Good app. Loads of promotions and good prices.” — Phillip Swinscoe, PlayStore

“I think it’s the best of all the betting apps with excellent layout, easy to use, good info, the  screen isn’t cluttered up with adverts and offers.” — David Causer, PlayStore

“Love this app. They give amazing offers and plenty of them. On the rare occasion I have had to contact customer support they have been always happy to help and easy to deal with. 5*" — A Google User, PlayStore

“Limited options and less free bonuses.” — Realz Riddemz, PlayStore

Joining an online sportsbook, downloading the betting app, and claiming the welcome offer have never been easier for Canadian bettors.

We have made it even easier by outlining the registration process in a step-by-step guide.

1. Choose a licensed sportsbook

Browse our list of preferred sportsbooks and choose one (or more) that suits you best. When comparing Canada betting apps, consider the welcome bonus and ongoing promotions, coverage of betting markets, odds quality, security, and user experience.

The betting sites listed throughout this page are legal and trusted options with terrific sportsbook promos for Canadians to claim, so you can’t go wrong with any of the selections listed here.

2. Visit the betting site and enter promo code to claim offer

Use the sign-up links on this page to visit the sportsbook site. If a promo code is required to claim the welcome bonus, enter it during registration.

3. Create an account and verify identity

Create an account and provide all required personal information to verify your identity. The standard information includes name, email address, phone number, and mailing address.

4. Deposit funds

Choose your preferred deposit method to fund your account. Most Canadian sportsbooks support Interac, credit cards, and some also accept cryptocurrencies. Ensure you deposit enough to qualify for the welcome bonus.

5. Place qualifying wagers (if applicable)

If the welcome bonus you’ve claimed has betting requirements attached to it, you can now begin placing bets to fulfill the terms before withdrawing bonus funds. Make sure you place smart, well-researched bets and avoid chasing the bonus with fast and risky wagers.

6. Unlock bonus rewards

Complete any betting requirements to unlock your bonuses and the ability to withdraw bonus credits. Any bonus bets or bonus cash will now be credited to your account.

There are a variety of sportsbook promotions you can expect to come across during your wagering journey with any legal betting sites in the Great White North. From welcome bonuses — including deposit match bonuses, bet and get deals, and first bet safety nets — to ongoing sportsbook promos for existing users, there truly is something for everyone.

I particularly enjoy the flexible terms that deposit match bonuses arrive with, but I also stay on the lookout for parlay boosts, SGP boosts, and reload bonuses offered by the betting sites I’m already enrolled with.

Here, we break down the most common types of betting offers available in February 2026.

Deposit match

Make a deposit and the sportsbook will match it with a specified percentage up to a certain amount. Many betting sites offer a 100% match on first deposits, helping bettors double their bankroll before they’ve even placed a wager, but the Stake.com promo code SICOM unlocks a 200% offer — extensive value for higher-volume players. My first deposit was for $500, so Stake rewarded me with $1,000 in bonus credits, bringing my total to $1,500.

There are often playthrough (or rollover) requirements that must be met before you receive your bonus cash or can withdraw it, so it’s always important to review the terms and conditions associated with the welcome bonuses you decide to claim.

Bet and get offer

With bet and get offers, you can receive bonus bets or bet credits after placing your first wager following registration. You can also receive this type of deal as an active user, so it’s important to check your sportsbook’s promotions semi-regularly.

An example is bet365’s bet $10, get $50 win or lose sign-up bonus. If you opt for this offer and your first wager is for at least $10, you will receive a $50 bonus bet regardless of the outcome. In some cases, you will only receive the bonus credits if your qualifying wager loses — otherwise it will settle as a regular winner.

I claim bet and get offers whenever I come across them for the sports I enjoy. Sometimes, I’ll find one for the NHL or PGA Tour and get rewarded with a bonus bet simply for placing a wager on a particular event, like the Masters or the Stanley Cup Finals.

First bet safety net

A first bet safety net — also known as a second chance bet or no sweat bet — is insurance for the first wager you place after creating your account. The safety net will award you with bet credits should your qualifying bet lose. The bonus bets you receive often carry the same total value as your opening bet, so they give you additional opportunities to land in the winner’s circle and are worth taking advantage of.

When you use bet credits, you will only receive the winnings on a correct wager, and the stake is not returned.

Odds boost

An odds boost enhances the odds and payouts on select bets, often parlays or same-game parlays (SGPs). They represent a way to get greater value on qualifying bets.

I enjoy placing NFL parlays on Sundays, so I check out the parlay boosts available to me across multiple sportsbooks and get boosted payouts if I hit winners. For SGPs, I usually take a team to win against the spread, plus a couple of anytime touchdown scorer bets, and combine them into a boosted parlay. You can find terrific options for the Big Game at any of the best Super Bowl betting sites.

Early payout

Sportsbooks offer early payouts on select sports under specific conditions. For example, some books, including bet365, offer early payout on NHL odds if your chosen team goes ahead by three goals at any time during the game.

Stake also has early payout deals for the NHL, NFL, NBA, and English Premier League. If your team leads by a specified amount — 12+ points at halftime in the NBA or at least two goals at the end of the second period in the NHL, for example — your wager will be paid out even if your team blows the lead and loses the game.

Reload bonus

A reload bonus allows you to receive bonus cash when reloading your account with a new deposit. This bonus could be up to a 100% match and may come with playthrough or rollover requirements.

This type of betting offer incentivizes bettors to make additional deposits with the same brand rather than opening a new account elsewhere.

No-deposit bonus

A no-deposit bonus is exactly what it sounds like: A bonus you receive without having to make a deposit. No-deposit bonuses arrive in the form of bonus bets, boosted odds, a promo code to claim bonus cash, or even free spins in an online casino, to name a few.

While no-deposit welcome bonuses have become increasingly rare, you can expect to receive them as an active customer with any of the sportsbook brands mentioned above.

Sportsbook loyalty program

Most sportsbooks offer loyalty programs that reward you with bonuses and perks simply for being a customer and placing bets. Some sportsbook rewards programs require you to bet a certain amount before unlocking the VIP perks, and many loyalty programs have tiers that hand out more benefits according to the total amount you’ve bet with the brand.

Stake’s VIP Club is the best sportsbook rewards program in Canada, offering monthly and weekly bonuses, rakeback, and reload offers, but it requires you to wager at least $10,000 to join the Bronze tier. This may sound like a substantial amount, but Stake counts all casino plays and sports bets, so it’s particularly rewarding for bettors who also enjoy blackjack, roulette, slots, or a huge selection of Stake original games.

Rating the best sportsbook bonuses goes far beyond simply looking at how much bonus money a sportsbook offers. Obviously, not all promotions are equal, and not all are suitable for every type of bettor.

We rate sportsbook promos by comparing their value versus the wagering requirements, how easy it is to claim and complete the offer terms, how fair the terms and conditions are for all bettors, and how frequently ongoing promotions are offered to existing users.

You can learn more about how we rate sportsbooks and betting apps at Sports Illustrated to help determine what matters most to you as a bettor.

In the latest NFL odds, the Super Bowl 60 matchup features the New England Patriots and Seattle Seahawks on Sunday. Odds boosts and SGP promos for the Toronto Raptors are also featured prominently at the best NBA betting sites. The NHL is paused until Feb. 25 during the Milano Cortina 2026 Winter Olympics.

If you’re placing wagers with one of the best Alberta betting sites, claiming one of the best sportsbook promos in Ontario, or making NHL picks for upcoming games, you can expect to find odds boosts and parlay boosts for the biggest matchups in your market.

The fun doesn’t stop with sportsbook sign-up bonuses, deposit match deals, and bet-and-get offers.

There are tons of ongoing promotions for bettors to choose from at the most popular sportsbooks across Canada. You can expect to find several seasonal or league-specific offers alongside regular options like early payouts, odds boosts, parlay boosts, and cashout options.

For American bettors wagering on Super Bowl 60, the Olympics, or another event, you can also discover the latest US sportsbook promos at Sports Illustrated.

ToonieBet promotions for existing users

You won’t find as many ongoing sportsbook promos at ToonieBet as you do at Stake and other betting sites, but there are some solid options to choose from.

I appreciate the 50% Weekly Reload Bonus, as many sites cap secondary deposit bonuses at 25% and don’t always award them weekly. I hit a cold streak after my first month as a ToonieBet customer, so it was nice to get a boosted bonus when I made another deposit.

The Parlay Boost is another offer I regularly take advantage of at ToonieBet and other online sportsbooks.

TonyBet promotions for existing users

TonyBet usually offers at least 10 ongoing sportsbook promotions — including Pick’Em, Boost Your Odds, a Bettors Tournament, and Quiz Time. There are also a handful of casino promotions to choose from if you prefer slots or table games.

I particularly enjoy Quiz Time, which is a unique offer that rewards bettors for placing at least $200 in wagers over the last seven days. After completing this requirement, I gain access to a multiple-choice sports quiz that tests my knowledge and rewards me with a $20 bonus bet if I answer all 10 questions correctly, or points to use in Daily Quest if I fail to get them all right. I haven’t come across many sportsbook promos like Quiz Time, so it’s a fun perk for active bettors to look forward to.

bet365 promotions for existing users

bet365 is one of my favourite betting sites to use for player props, not only because of the vast quantity that are available to choose from, but also because of the Prop Protect and Sub On Play On sportsbook promotions. With these offers, I don’t worry as much about untimely injuries or substitutions because I’m eligible for a refunded bet or my wager will continue with the replacement player. This removes two variables that are out of my control as a bettor and gives me added incentive to place my prop bets with bet365.

Stake promotions for existing users

With the 2026 FIFA World Cup approaching, I have been testing my luck on UEFA Champions League matchups, English Premier League games, and reviewing Canada’s World Cup schedule as I prepare for the biggest sporting spectacle on the planet.

I have been lucky to take advantage of Stake’s Soccer Bad Beat Insurance on a few occasions, including a Brighton vs. Bournemouth EPL matchup. I bet on Bournemouth in the winner’s market, and Brighton tied the match in extra time, so I was happy I placed the wager with Stake and receive a bet refund since Bournemouth held the lead in the 80th minute.

Betway promotions for existing users

Betway has fewer ongoing sportsbook bonuses than many of its rivals, but it makes the most of the promotions it offers.

With Double Winnings, your payout will be boosted by 100% if you hit a first touchdown, first goal scorer, or first basket bet, and the player goes on to score again in the game. I enjoy testing my luck in first scorer betting markets, so I’ve started placing these wagers with Betway in hopes of doubling my returns. It’s particularly useful for NBA games because the chances of a second score are much higher here than in the NFL or NHL. I enjoy picking Scottie Barnes or Brandon Ingram to score the first basket for the Raptors, and have found the winner’s circle on a few occasions.