A referral bonus pays an existing customer for bringing in a new one. Both sides usually receive a reward once the new account meets set conditions.
The process runs through a personal link or code. The friend registers with it, verifies identity and completes a qualifying action. That action is typically a first deposit of $10 to $50, or a first settled bet.
Payouts arrive as bonus bets in most cases. Cash referral rewards are uncommon at licensed Canadian sportsbooks.