Active Double Winnings Bonuses
Betway Double Winnings Up to $100
Stake NBA - Double Winnings
Stake Domestic Soccer: Double Winnings
Stake Bonus: Everton - Double Winnings
Double Winnings Bonuses Explained
A Double Winnings bonus is a sportsbook promotion that pays out double the normal winnings when specific betting conditions or event outcomes are met. This bonus typically applies only to winnings, excluding the original stake amount.
How Double Winnings Bonuses Work
Double winnings bonuses activate under predetermined conditions set by the sportsbook.
Conditions Typically Associated with Double Winnings Bonuses:
- Event-specific: Usually available only on select sporting events or specific markets.
- Winning margin or performance requirements: Often activated if a team or player meets a particular winning margin or performance metric.
- Limited stake amount or capped winnings: Frequently includes a maximum allowable stake or cap on additional winnings.
- Single-use or limited-time availability: Typically applies once per event or within a specific promotional timeframe
Pros and Cons of Double Winnings Bonuses:
Pros:
- Potentially significant increase in returns if conditions are met.
- No additional wagering requirements beyond initial bet.
- Rewards bettors for accurately predicting specific outcomes or margins.
Cons:
- Conditional: additional payout requires specific, often difficult conditions to be met.
- Bets failing to meet precise conditions earn only standard winnings.
- Usually capped at maximum winnings or stake limits, restricting total bonus payout.
Potential Risks and Dangers of Double Winnings Bonuses:
- Encourages placing wagers based on bonus potential rather than odds value or betting strategy.
- May prompt bettors to pursue higher-risk wagers (such as specific winning margins or outcomes) instead of safer betting options.
- Could increase impulsive betting behaviors due to appealing promotional conditions.
Wagering Requirements Associated with Double Winnings:
Typically, Double Winnings bonuses have no further wagering requirements. The additional winnings are usually paid out as immediately withdrawable cash.
Real Examples from Popular Sportsbooks
- FanDuel occasionally offers double winnings on major sporting events, such as "Double your winnings if your NFL team wins by 10+ points."
- Hard Rock Bet has provided event-specific promotions like "Double Winnings if your MLB selection wins by five or more runs," clearly outlining the conditions.
- BetMGM runs promotions such as "Double Winnings on NBA games if your selected team scores over 120 points."
Active Sportsbooks with Double Winnings Bonuses
- Availability across most of US legal states
- Competitive odds & diverse markets
- Attentive customer service
- Extensive list of Same Game Parlay's
- App speeds vary for some users
- Geo locate sometimes unreliable
- Extensive betting markets
- Live betting
- Efficient & secure payments
- Strong security measures
- Mobile app connectivity issues
- Maximum bets on odds boosts are low.
- Promotional restrictions
- Available in many U.S. States and Canada
- Numerous betting markets
- Major partnerships with teams/leagues
- Users have the ability to set deposit/time limits
- Promotions are timely and change rapidly
- Connectivity issues on betting app
- One of the biggest welcome bonuses.
- Secure payments.
- Efficient customer service
- Some users have described slow loading times
- Limited live streaming options
- Some bonus wagering requirements are unclear
- Range of Responsible Gambling Tools: Stake Sportsbook provides deposit limits, reality checks, self-exclusion options, and access to external responsible gambling support.
- Variety of Payment Methods: Supports traditional (credit/debit cards, bank transfers) and cryptocurrency transactions.
- Live Betting and Market Variety: Offers in-play betting and multiple betting markets across major leagues.
- Account Verification Process: Requires identity verification to comply with regulations and ensure user security.
- No Federal or Provincial Regulation in Canada: Stake is not licensed by any provincial gambling authority in Canada. It operates under an offshore Curacao license.
- Potential for High-Risk Gambling with Cryptocurrency: Transactions in cryptocurrency can lead to faster deposits and withdrawals, which may contribute to riskier gambling behavior.
- Withdrawal Processing Time Varies: Depending on the method used, withdrawals can range from instant to up to 7 days.
- Not Yet Available in Ontario: Stake Sportsbook is not yet available in Ontario.
- No Mobile Betting Apps: Stake Sportsbook does not have an iOS or an Android app and is only available on desktop or via mobile browser.
- Available across Canada
- Responsible gambling tools available for self regulating
- Odds are competitive with other Canadian sportsbooks
- Bonuses have very difficult wagering requirements
- Many users have complained about slow payments
- Availability: LeoVegas is available in all 10 provinces and 3 territories in Canada.
- Competitive Odds: LeoVegas has competitive odds and numerous markets on a range of sports.
- Dedicated Responsible Gambling Site: Although tough to find, LeoVegas provides a dedicated website for responsible gambling.
- Wagering Requirements: LeoVegas Welcome Bonus has very high wagering requirements for new bettors.
- Responsible Gambling Hard to Find: LeoVegas makes finding responsible gambling content hard to find including limiting tools.
- Margin (Vig) on certain markets can reach upwards of 10%, which is very high comparable to other sportsbooks.
- Licensed and regulated in all 10 provinces and 3 territories of Canada
- Sports Interaction app is available for iOS and Android
- Self-regulating responsible gambling tools, including deposit and time limits
- Limited promotions overall
- No horse racing betting markets
- Licensed in Ontario.
- Mobile app for iOS and Android
- Responsive and helpful customer support team
- Good selection of responsible gambling tools and resources
- Not licensed in Canada outside of Ontario. Holds offshore license which does not protect bettors
- No promotions outside of the welcome bonus
- No live streaming of sports
- Licensed across Canada and compliant with regulations
- Quick and attentive customer support team
- Odds are competitive with other Canadian sportsbooks
- Few deposit methods and cryptocurrency is no longer accepted
- Difficult wagering requirements on bonuses
- No live streaming of sports
Unique Takes on Double Winnings Bonuses
Below are examples highlighting how select Canadian sportsbooks implement Double Winnings Bonuses, including real promotional structures and eligibility criteria.
1. Stake
Stake frequently offers Double Winnings promotions tied to global sports events such as UFC cards or major soccer tournaments. These offers are generally triggered by specific win conditions like knockouts or multi-goal margins, and payout limits are transparent.
2. BetPlays
BetPlays focuses Double Winnings promotions on sports favored by Canadian users, including hockey and football. Conditions may involve player achievements (e.g., touchdowns or hat-tricks) or wide winning margins. Terms and payout limits are clearly displayed within the promo section.
3. LeoVegas
LeoVegas provides conditional Double Winnings promotions, often tied to high-visibility events in soccer and basketball. Examples include “Double Winnings if your team wins by 10+ points.” Maximum stake limits and bonus caps are clearly defined.
4. 1xBET
1xBET frequently features Double Winnings promotions across numerous sports. Common triggers include teams winning by a specific score or players achieving notable milestones. Maximum bonus payouts are listed per offer.
5. Casumo
Casumo occasionally runs Double Winnings campaigns around games involving Canadian teams. Typical conditions include “Double Winnings if your team scores 3+ goals.” All promotional caps and conditions are listed prior to activation.
6. Bet99
Bet99’s Double Winnings promotions focus on North American sports, particularly the NHL and NFL. A typical example includes “Double Winnings if your team wins by 14+ points.” These promotions include clearly stated conditions and payout ceilings.
Frequently Asked Questions About Double Winnings
General Questions on Double Winnings Bonuses
Do I receive double winnings on the stake amount as well?
No. Double winnings apply exclusively to the profit earned, not to the original stake amount.
Are double winnings bonuses offered on all bets?
No. They're usually restricted to certain events, markets, or specific conditions clearly stated by sportsbooks.
Can I cash out early on bets eligible for double winnings bonuses?
Typically, early cash-out options invalidate eligibility for double winnings. Check sportsbook terms explicitly.
How quickly are double winnings credited to my account?
Extra winnings from eligible bets are usually credited immediately or shortly after bet settlement.
Are double winnings bonuses available to existing users or only new sign-ups?
They are generally available to both new and existing bettors, depending on the sportsbook's promotional structure.
