Sportsbook operators run several distinct code categories, each with its own deposit rule and turnover profile. A welcome code targets new accounts and typically pairs a first deposit with a matched credit or a risk-free wager. A reload code targets existing customers and refreshes bonus funds on a subsequent deposit, usually at a lower match percentage. A no-deposit code, less common in regulated Canadian markets, credits a small stake without requiring any funding at all, though caps and rollover on these tend to run higher than standard offers.
Event-specific codes appear around marquee fixtures such as the Grey Cup, the Stanley Cup Final, or major UFC cards, and they often boost payout odds on a single selection rather than issuing bonus cash. Referral codes reward both the referring bettor and the new signup once the referred account clears a qualifying deposit. Each code type interacts differently with account status, so checking eligibility before entering a string at the cashier avoids a wasted attempt.
| Code Type | Eligible Accounts | Typical Deposit | Typical Rollover |
|---|---|---|---|
| Welcome / First-Bet | New signups only | $10 CAD minimum | 1x on net winnings |
| Reload | Existing verified accounts | $20 CAD minimum | 5x to 8x |
| No-Deposit | New signups, ID-verified | None required | 10x or higher |
| Event-Specific Boost | Existing accounts | Stake-dependent | Usually none, single bet |
| Referral | New and referring accounts | $10 CAD minimum | 3x to 5x |
Reading the fine print on each sports betting promo code before opting in matters more than the headline figure. A smaller match with a 1x rollover clears faster and returns usable cash sooner than a larger match locked behind an 8x requirement.