A Deposit Match Bonus gives eligible customers additional bonus funds when they make a qualifying deposit.
For example, a 100% Deposit Match Bonus up to C$500 means that a customer who deposits C$100 will receive C$100 in bonus funds, while a customer who deposits C$500 or more will receive the maximum bonus of C$500.
Using Bonus Funds
- Bonus funds can be used to place qualifying sportsbook bets where permitted by the promotion's Terms and Conditions.
- Customers may choose to place bets using either available cash funds or bonus funds when this option is available through the bet slip.
What Happens to Winnings?
Any winnings generated from bonus-funded bets are credited to the Bonus Balance and remain bonus funds until all applicable wagering requirements have been completed.
For example:
- Bonus awarded: C$200
- Customer places a C$200 bonus-funded bet
- Bet wins and returns C$400
- The C$400 is credited back to the Bonus Balance as bonus funds
At this stage, the customer has C$400 in Bonus Balance available to use on future qualifying bets.
What Happens if a Bonus-Funded Bet Loses?
Bonus funds are subject to the outcome of the bets placed. This means:
- Winning bonus-funded bets may increase the Bonus Balance.
- Losing bonus-funded bets may decrease the Bonus Balance.
- If all bonus funds are used on losing bets, the Bonus Balance will be reduced to C$0.
For example:
If your Bonus Balance is C$400, and you place a C$400 bonus-funded bet. If that bet loses, the bonus balance becomes C$0. In this scenario, the bonus is considered exhausted because no bonus funds remain available.
How Wagering Requirements Work
Many Deposit Match Bonuses include a wagering requirement. A wagering requirement determines how much must be wagered before bonus-generated winnings can be converted into withdrawable cash.
For example, for a bonus awarded of C$200, with a wagering requirement of 5x, the total wagering required to be able to withdraw the bonus funds is C$1,000.
Qualifying bets contribute towards the wagering requirement in accordance with the promotion's Terms and Conditions.
Does the Wagering Requirement Protect the Bonus Balance?
No.The wagering requirement only determines when bonus-generated winnings become eligible to be converted into withdrawable cash.
It does not guarantee that bonus funds will remain available until the wagering requirement has been completed.
Bonus funds remain subject to the outcome of bets placed and may increase, decrease, or be lost entirely based on settled bet results.
Does the Expiry Date Guarantee the Bonus Balance Will Remain Available?
No. The expiry date represents the latest date on which the bonus may remain active. A bonus may end before its expiry date if:
- The wagering requirement is completed;
- The bonus is forfeited in accordance with the promotion's Terms and Conditions;
- The customer requests a withdrawal before completing the wagering requirement (where applicable); or
- The available Bonus Balance is reduced to C$0 through settled betting activity.