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How sportsbook bonuses work:

Sportsbook bonuses are an incentive to get new players to sign up and to provide loyal players with rewards for their continued play.  What’s the best hockey betting bonus for you?  What are the differences?  I would classify bonus structures in three ways, Deposit Bonuses, Free Bets and Reduced Juice Sportsbook.

Deposit Bonuses and Free Bets are similar to one another, but have one key 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 wager/risk/play the value of your first deposit several times over, in order to be eligible for either type of bonus. Online sportsbooks want their bonus to reward your play with them.  So if you play, your bonus will be awarded once you’ve reached the sportsbook’s defined play-through threshold.  This type of structure prevents people from simply depositing an amount, having the bonus attributed, and the player then withdrawing the deposit plus their bonus.  Sportsbook companies developed these policies to protect themselves from people that might want to otherwise take advantage.

Here’s the key 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  With a Deposit Bonus, the bonus itself may become eligible to be withdrawn as real money from your account once you’ve satisfied the play-through requirements.  So if your bonus is $100, and you reached the pay through requirements, the $100 from the bonus would be yours to withdraw. Free Bets on the other hand allow you to place wagers with what are essentially free betting credits, but you will not ever be able to withdraw the principal stake.  With Free Bets, you are only meant to profit from your bet winnings.  So for example, if you had $100 in Free Bets, and you bet on a game paying 1.05 odds, you would win $5.  Only the $5 will be yours to withdraw, not the $100 Free Bet.

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 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 you see yourself playing in the long term, Pinnacle will likely payout more to you than any sign up bonus possibly could.  However, if you like the idea of building a fat stack from a smaller deposit and the initial bonus structure would help in building this, go for any of the other sign-up bonus structures. Below you will read a brief description of how the bonuses work with each of the best Hockey sportsbook services for Canadian players.  Remember, the sign-up and loyalty bonuses are only one aspect of choosing a betting site. Read our hockey sportsbook reviews to compare other aspects of each service side-by-side.

About My Hockey Betting Listings:

Why is my list so short?  I only list those sites that I consider to be the best for Canadians. Would it really make sense for me to research twenty betting companies and then rank them one through 20?  Would you sign up with sportsbook number 16?  Of course not!

That’s why I try to keep things simple.  If a company doesn’t measure up against my Canadian perspective, they don’t get listed.

Why might a site fail to get listed?  Limited hockey betting offerings, poor payout record like withholding bettor funds or placing limits on the accounts of winning players, not offering CAD wagering or not offering mobile betting.

Each listed site has satisfied my review criteria, but they are each different in their service offerings. So read the reviews and choose based on your own preferences and requirements, not a bogus rating scheme.  If you like to shop for the best odds, it might make sense to sign up with more than one so that you can maximise your winnings.  

Compare Hockey Betting Bonuses for the best Canadian Sportsbooks

Bodog provide up to $100 in free bets for new customers. A free bet means that Customers will need to rollover their deposit + free bet amount 3 times over.  The free bet stake amount is not for withdrawal, but any proceeds from bets won are able to be withdrawn.  There is a 30 day time limit to use your free bet amount from the time of your initial deposit.


Get $200 Bonus

Top Hockey Betting Sites Canada