Powbet Promo Code: Get up to a $150 Deposit Match in September 2024

Powbet Sportsbook is one of the best sports betting sites in Canada and offers a respectable $150 deposit match welcome bonus for first-timers. No Powbet promo code is required to nab the reward, either.

Powbet promo code and sign-up offer details

Registering with the online sportsbook — again, no Powbet promo code necessary — makes you eligible for the $150 deposit match reward. To claim the Powbet welcome bonus, simply make an initial deposit. You'll then receive the amount you put down, up to $150, in bonus funds.

While the Powbet sign-up bonus may not be as lucrative as some of the sportsbook bonuses at other top Canadian sportsbooks, the offer is still worthwhile, as you have plenty of time to meet the wagering requirement. Specifically, you get 30 days to play through the bonus 6x.

Powbet sign-up bonus

Only your initial deposit with the sportsbook will count towards the Powbet sign-up bonus. If you wish to get the maximum of $150, you will need to add $150 in real cash to your account. You must put down at least $30 to qualify, then wager through your full deposit amount 6x within your first 30 days. Keep in mind that only bets with odds of +100 (2.00) or greater will help unlock the reward. 

How does the Powbet promo code work?

Redeeming the Powbet Sportsbook promo code offer is simple. In fact, you don’t actually need to enter a Powbet bonus code at all -- however, the promo itself has stipulations you'll need to be aware of. We've listed the most important ones below:

• After creating your Powbet Sportsbook account, deposit $30 or more. Deposits via Skrill or Neteller are not eligible for this promotion.
• For however much you put down, the online sportsbook will match that amount, up to $150, in bonus funds.
• You must meet a 6x wagering requirement via single sports bets with odds of at least +100 (2.00) or multi-bets with odds of at least -200 (1.50) per leg within 30 days to fully unlock the reward.
• The maximum amount each wager can be to count towards the playthrough requirement is $75.
• Withdrawing any funds before completing the rollover requirement will void the Powbet bonus offer.

How to enter the Powbet promo code

Although there's no Powbet promo code needed to collect the online betting site's new-player offer, there are a few other steps in the process. We've outlined them for you here:

1. Register

Navigate to the official Powbet Canada website and click the blue “Play Now” button. From there, select the Powbet sign-up bonus and fill out the associated form. You’ll need to provide your personal information, like your name, date of birth, email, address, and phone number. 

Don't forget: You won't need a Powbet bonus code at any point to unlock the offer.

2. Deposit funds

Now that you’ve created your account and selected your bonus, you can make your first deposit. Head to your account page and add funds. Remember, to claim the Powbet Sportsbook welcome bonus, you must deposit $30 or more and not use Skrill or Neteller.

3. Place your wager

Wager your entire first deposit 6x via single sports bets with odds of at least +100 (2.00) or multi-bets with odds of at least -200 (1.50) per leg. You will have 30 days to complete this step. Do not attempt a withdrawal before playing through your entire first deposit.

4. Receive the bonus

Once you satisfy the wagering requirement, your Powbet bonus funds will automatically be added to your account. The size of your bonus depends on your first deposit. Powbet will match 100% of your first deposit up to $150.

5. Withdraw winnings

After completing all the necessary steps, you can withdraw any winnings you earn. However, keep in mind that successful wagers using bonus funds will not return the stake and that you cannot withdraw any part of the bonus itself as it is not considered real cash.

Powbet promo comparison

Trying to ascertain which bonuses and promo code offers are the best can be difficult when you're forced to bounce between multiple tabs on your desktop computer or apps on your mobile device. We've created the table below to help you see how the Powbet sign-up bonus compares with some of its top-tier peers.

Powbet promo code for existing users

Just like how you don't require a promo code for Powbet when claiming the online sportsbook's welcome offer, returning users don't need one either when redeeming any of the betting site's ongoing promos. Here are some of the best Powbet Sportsbook bonuses for existing users:

$60 Weekend Free Bet

Place any real money wager of $30 or more on the weekend between 6 a.m. ET on Friday and 5:59 p.m. ET on Sunday to qualify for $60 in bonus bets. Only bets with -200 (1.50) odds or greater count. Once your bet is settled, contact Powbet customer support using the 24/7 live chat feature or by email.

50% Weekly Reload Bonus up to $750

Powbet Sportsbook allows you to claim up to $750 in bonus bets every week when you make a qualifying deposit. If you put down $30 or more and wager it on bets with -200 (1.50) odds or greater, you will get 50% of your deposit back in bonus bets. Keep in mind that the wagering requirement for this reload bonus is higher than that of the welcome offer at 8x.

10% Cashback Bonus up to $150

Powbet will refund 10% of your losses every week up to $150. Like with the other bonuses, you need to send an email to customer support or contact them by live chat. This makes this bonus a little difficult to claim, but it can really be worth it if you have a bad week. All bonus funds earned through the cashback bonus are subject to a 3x rollover requirement.

Powbet promos this week

The online sportsbook consistently has numerous promotions available every week. You don't need any Powbet promo codes to grab them, either. Here are a few that are on tap now:

$75 Goals Galore promo

Place any pregame bet on an IIHF World Championship match and get a bet credit for every goal scored in that match. Your bet must be $15 or more. You will get $10 for every goal scored, up to $75.

Accumulator bonus

Get more back on your parlays and accumulator bets with Powbet. The sportsbook offers boosted bets on all parlays with three legs or more, so long as every leg of the parlay has -250 (1.40) odds or greater. Parlays with three legs get a 3% odds boost; four legs get a 5% boost; five legs get an 8% boost, and so on. If you place a 21+ leg parlay, your winnings will be doubled.

Powbet Casino promo code

Like many sports betting sites in Canada, Powbet also has an online casino. If you love spinning the slots just as much as you love wagering on your favourite sports, you can sign up to get a $750 deposit match welcome offer alongside 200 bonus spins. No Powbet Casino promo code is necessary.

• After registering with Powbet Casino, make an initial deposit of $30 or more.
• The online casino will match however much you put down, up to $750, in bonus funds.
• The bonus will arrive immediately after making your qualifying deposit.
• You must wager the combined deposit and bonus amount 35x before you can unlock it.
• The bonus spins will come in sets of 20 per day over 10 days.
• If you do not claim each batch of bonus spins within 24 hours, they will expire.
• Any winnings you earn from the bonus spins are subject to a 40x playthrough requirement.
• The wagering requirements for both the $750 promo and the bonus spins must be completed within 10 days.

Powbet Sportsbook review

Founded in 2020, Powbet Sportsbook continues to earn respect in the Canadian market. The site’s $150 welcome bonus, its wide variety of existing customer promos, and copious betting markets make it comparable to many of its peers. When you add in the fact that it also has a great loyalty program and allows for cryptocurrency withdrawals, it’s clear that Powbet has a lot to offer.

As for the downsides, claiming bonuses is not a streamlined process at Powbet. You have to contact customer support to claim most of them, and you cannot claim any bonuses with Skrill or Neteller deposits.

Despite these shortcomings, Powbet gets a lot of things right, including its ample betting features. Alongside live betting on tons of sports and markets, Powbet also offers live streaming on sports like soccer, cricket, and esports events. Plus, you don’t even need to log into your Powbet Sportsbook account to watch events live.

To learn more about the sports betting platform, dig into our full Powbet review.

Powbet mobile app

There is currently no Powbet Sportsbook app. However, that doesn’t mean you can’t place wagers on the go. Thanks to HTML5 technology, the Powbet sports betting site is responsive and optimized for mobile devices. So, you can get all the same features, betting markets, and Powbet bonus offers on your iPhone, Android device, or tablet.

While betting apps often boast a more bespoke mobile wagering experience, the HTML5-optimized mobile site is a good alternative.

Powbet pros and cons

Pros:

✅ Solid welcome bonus — While the sportsbook's sign-up offer — remember, no Powbet promo code is needed — won't blow you away, it's still worth nabbing. You can collect up to $150 in bonus bets via your initial deposit.

✅ Many ongoing promos — Powbet keeps you coming back for more with daily and weekly promos available for existing customers. These offers range from cashback rewards to help you recoup losses to weekly bet credits. 

✅ Varied withdrawal options — Powbet Sportsbook allows you to withdraw your winnings via a wide variety of banking options. These include traditional methods and more modern ones like Bitcoin.

✅ VIP program — Powbet has a five-tiered loyalty program. As you move up the tiers, you get access to higher withdrawal limits and other VIP perks.

Cons:

❌ Complicated bonus process — As good as the Powbet promo offers are, many of them have complicated terms and conditions that make them hard to claim. For example, many require you to contact customer support before they'll be released to your account. 

❌ No Powbet app — There is no Powbet app for iOS or Android devices. The mobile site works great, but it would be nice to have a dedicated app instead. 

Powbet bet types

Once the funds from your Powbet promo code Canada offer are safely in your account, you'll want to use them on your desired bet types. Fortunately, Powbet offers a cornucopia of selections. Here are a few of the most popular:

• Moneylines
• Point spreads
• Over/Unders (Totals)
• Parlays
• Props
• Futures

Powbet sports markets to bet on 

Powbet delivers quality odds on key markets — including NFL odds, NBA odds, MLB odds, and NHL odds — that keep it competitive with other top industry sportsbooks. You can wager on nearly 40 unique sports, and while it's still working towards becoming one of the top NHL betting sites, football betting sites, and NBA betting sites in Canada, its mix of popular and niche options is impressive.

Here are some of the sports available at Powbet right now:

• Soccer
• Tennis
• Baseball
• Table tennis
• Basketball
• American football
• Hockey
• Volleyball
• Badminton
• Cricket
• Golf
• Snooker
• MMA
• Motor sports
• Cycling
• Boxing
• Darts
• Rugby
• Waterpolo
• Olympics

Powbet customer service

Powbet customer support is available by email or via the 24/7 live chat feature. Both options get you pretty quick answers to your questions, but the latter is what you want if you’re looking for speed. We never had to wait more than a few minutes when testing the chat, and the agents we connected with were consistently helpful. 

Aside from the live chat and email, the Powbet customer service options are a little thin. The FAQ section is a nice touch, but it’s clearly not for the Canadian market specifically, meaning some answers can be a little confusing.  

• Live chat: 24/7
• Email: support@Powbet.com
• Phone: N/A
• X (Twitter): N/A
• Support language(s): English + 12 more

Why choose Powbet?

The significant amount of bonuses available is by far the top reason to play with Powbet Canada. Whether you are a football, basketball, hockey, or fan of even more obscure sports, there is a promo available for you to take advantage of. Powbet's bonuses are also constant — if one offer leaves, another appears to replace it.

Of course, not having to enter any Powbet bonus codes helps streamline the process. You can simply select the offer you want, opt-in, and begin completing its requirements. 

Powbet payment methods

Powbet Sportsbook accepts a wide range of payment methods. For deposits, you can use traditional options like Interac e-transfers and Mastercard or more modern choices like e-wallets. Withdrawals are even more flexible. In addition to conventional methods, Powbet allows withdrawals via many different cryptocurrencies.

All Powbet Canada deposits are processed instantly. All withdrawals take between 1-3 business days to process. Powbet does not charge any transaction fees.

Where is Powbet legal?

Powbet is legal and available in every Canadian province except Ontario. The online sportsbook operates in the country with a license from the Government of Curacao, meaning it is safe and secure to use.

As for the country's most populated province, Ontario betting sites and Ontario sports betting apps must register and receive a license from the Alcohol and Gaming Commission of Ontario (AGCO) and iGaming Ontario before they can join the region's iGaming market.

More sportsbook promo codes

Even though you don't need to use any Powbet promo codes to acquire the online betting site's sign-up bonus, other sportsbooks may demand differently. So, we've put together detailed guides on the promo code offerings for each of the premier betting apps in Canada.

Powbet promo code FAQs