Offer Rules
Upon settling an eligible bet as a loss, a bonus bet valued at 100% of the wager amount of the losing bet will be credited to the player.
How to Participate
1. Sign up for a new account and complete verification.
2. Make a deposit of $10 or more.
3. Activate the toggle called "Bet Insurance" in the betslip.
4. Place an eligible bet on odds of -200 (1.50) or higher.
Bonus Terms and Conditions
1. Sportsbook: 100% Insurance Offer
1.1 This offer is available only to new players from Ontario (19+) making their first real-money deposit.
1.2 First Bet Insurance: To qualify, place your first real-money wager on any sports market with minimum odds of -200 (1.50). In order for the bet to be considered qualifying, you need to activate the toggle called "Bet Insurance" in the betslip.
1.3 If your first qualifying bet is settled as a loss, you will receive 100% of your stake back, up to a maximum of $150, as a Bonus Bet.
1.4 The Bet Insurance will be credited to your bonus balance after the qualifying bet is settled as a loss.
1.5 The Bonus Bet is valid for 30 days from the date of credit; if not used within this period, the bonus will expire.
1.6 This Promotion cannot be combined with other promotions, and bets placed using "Cash Out" or "Void" status will not qualify for the insurance.
1.7 Bet Insurance will be paid on your Bonus balance and requires 1x wagering of the amount received with odds of -200 (1.50) or longer in order to have it released to real balance.
1.8 General Terms and Conditions apply to this promotion. Play Responsibly.
2. General Limitations & Restrictions
2.1 This Promotion is available to all players who are 19+ and physically located in ON.
2.2 Eligible Players can claim this Sports Welcome Offer only once.
2.3 ToonieBet reserves the right to remove the promotion due to any unforeseen circumstances or deny the promotion to any player and at any stage of the Welcome Bonus package, during or before the bettor accepts the Welcome package.
2.4 The player must activate the toggle called "Bet Insurance" in the betslip.
2.5 Bonuses must be claimed/activated before any bets are made with the qualifying deposit.
2.6 The bet that you place to qualify for the Bet Insurance can not be placed on Boosted Odds markets.
2.7 Once the Bet Insurance Bonus amount is fully wagered and released to real balance, it becomes withdrawable.
2.8 This offer cannot be claimed/used with other bonuses.
2.9 Withdrawal requests made before claiming the bonus or after activating the bonus will void the bonus eligibility.
2.10 A Player can cancel the bonus at any time from the profile section or by contacting the support team.
2.11 By cancelling the bonus, the whole bonus balance will be voided.
2.12 Minimum odds for the Bonus amount wagering are 200 (1.50) or longer in total per betslip.
2.13 We offer bonuses as additional entertainment for recreational players and reserve the right to deny any bonus/promotion or mark an account as ineligible to partake in any bonus/promotion, at any time, including prior to crediting a bonus/promotion. This will not affect any real money funds not locked to a bonus.
2.14 We reserve the right to request sufficient and satisfactory documentation to verify customer information, such as a copy of Government ID and/or proof of address, as well as proof of payment prior to crediting a bonus or processing a withdrawal of winnings derived from games played with the bonus.
2.15 Where we have reasons to believe that players have a bet or series of bets (either themselves or in conjunction with other customers) that result(s) in a guaranteed profit from the bonus (irrespective of the outcome), we may reclaim the bonuses, void the wager(s) and reclaim any winnings that resulted from such wager(s).
2.16 General Terms and Conditions Apply.