⚡ The quick take - Stake not returned is the norm: a winning C$10 free bet at 3.00 pays C$20.
- Longer odds keep more value on average: about 47.7% of face at 2.00, 76.4% at 5.00.
- Bet-and-get offers need a cash qualifying bet first, at its own margin.
- Most free bet promos here are low-confidence: terms change often, so read them on the day.
How free bets work
A free bet comes from a promotion rather than your balance. Most are stake not returned: win, and you get the profit only. A few are stake returned, paying like a normal bet. That one rule decides the value, and it changes which odds make sense. Our free bets guide has the full derivation.
| Odds used for a C$10 free bet |
Wins about |
Average value |
Share of face value |
| 1.50 |
63.6% |
C$3.18 |
31.8% |
| 2.00 |
47.7% |
C$4.77 |
47.7% |
| 3.00 |
31.8% |
C$6.36 |
63.6% |
| 5.00 |
19.1% |
C$7.64 |
76.4% |
Computed by BonusMadness: stake not returned, market payout 95.45%.
The offers on this page
The free bet promos we track are all smaller, recurring offers, and our sources for each are low-confidence, so the cards are a starting point and the operator’s page on the day is the final word.
- BET99 runs an esports bet-and-get: place a qualifying esports bet and receive bonus bets.
- CasinOK runs a bet-three-get-one free bet promotion.
- 20Bet runs a daily prediction game paying free bets for forecasting a set of results. Prediction games pay rarely; treat them as a bonus on top, not a reason to deposit.
- Rollover
- No stake back
- Min odds
- 1.50
- Min. dep.
- See terms
Pros- Canadian-run book with a sizeable Kahnawake-licensed rest-of-Canada site
- Welcome refunds a losing first bet up to C$800 in bonus bets with only 1x playthrough
- Same game parlays, live streaming including esports, around 26 sports
- Interac-first payments, native iOS and Android apps
Cons- Welcome is a refund, not a deposit match - pays only if the first bet loses
- C$3,000 per-transaction withdrawal cap reported
- No crypto
- Withdrawal verification (GeoComply/KYC) cited as friction in reviews
Details - Features: Live betting, Bet builder, Live streaming, Esports
- Licence: Kahnawake Gaming Commission
Welcome offers paid in bonus bets, such as bet365’s bet-and-get, sit on the welcome bonus page. Refunds paid as free bets sit under bet insurance.
⚠️ What to check
- Stake rule: returned or not?
- Qualifying bet: its odds, its amount, and whether it must settle first.
- Minimum odds on the free bet itself.
- Expiry: an unused free bet is worth nothing.
- Allowed markets: singles only, parlays only, or one sport. A free bet forced into a parlay carries every leg’s margin, as our parlay guide shows.
🍁 Canada notes
A free bet shouldn’t change your budget: C$20 in bonus bets isn’t C$20 in your pocket. Offers are for players aged 19 or over outside Ontario and Alberta, at books licensed outside Canada; see each book’s licence on the sportsbook list. Compare with boosts, read the sports bonuses guide, and visit our responsible gambling page for every provincial helpline.
FAQ
What is a free bet?
A token for a single bet of a set amount, also called a bonus bet. You don't stake your own money on it. With most free bets, a winner pays the profit only, not the stake, which is why a free bet is worth less than its face value.
What is a free bet worth?
On a standard market with a 4.55% margin, a stake-not-returned free bet is worth about 47.7% of its face value at odds of 2.00, 63.6% at 3.00 and 76.4% at 5.00 on average. The formula is (odds - 1) / odds x 0.9545.
Do free bet winnings have a rollover?
Sometimes. Some books pay free bet winnings as cash, others as bonus funds that must be bet again at minimum odds before withdrawal. The card shows the rule where the terms state it.
Can I split a free bet across several bets?
Usually not. Most free bets must be used in one bet of the full amount, and some only on singles or only on parlays. Check the allowed markets and the expiry before you place it.
Are free bets available in Ontario and Alberta?
Not the ones on this page. They're for players aged 19 or over outside Ontario and Alberta, which run their own regulated markets with separate sites and offers.
