Before claiming the TonyBet promo code, users must know key terms and conditions for both the sports and casino bonuses. The details are below.

Sports Bonus Terms & Conditions

Firstly, to unlock the TonyBet sports sign-up bonus, a $15 first deposit is required. The bet must be on single bets with odds of at least 1.5 (-200 American odds) or multi bets with odds of 1.7 (-143 American odds). This means that with a minimum $15 deposit, you would have to stake a total of $75 on events meeting the odds requirements to receive the free bet bonus.

• Minimum Deposit: $15
• Bonus Amount: 100% up to $350
• Wagering Requirement: Players must stake 5x their deposit amount on qualifying bets before receiving the free bet.
• Eligible Bets: Single bets (Minimum odds of 1.5), multi bets (minimum odds of 1.7)
• Bonus Validity: 14 days
• Free Bet Usage: Can only be used on a multi-bet with at least three selections.

Once received, the free bet can only be used on a multi-bet with at least three selections. The free bet cannot be withdrawn but is also not subject to rollover requirements, meaning players can immediately withdraw any winnings.

Casino Bonus Terms & Conditions

To claim casino welcome bonus, you must make a first deposit of at least $20 within 14 days of signing up. The 100 free spins are awarded over the course of four days. Free spins are valued at $0.20 per spin, and any winnings accrued using these spins are subject to 50x rollover requirements.

Wagering Requirements:

• 50x rollover for free spin winnings.
• Maximum bet with bonus funds: $10.

The same set of rules apply for the second, third, and fourth deposits using the TonyBet casino bonus. Here’s a simplified breakdown of how the bonus structure:

• 1st deposit: 100% match up to $1,000 + 100 free spins (Gates of Olympus slot)
• 2nd deposit: 75% match up to $500 + 50 free spins (Sugar Rush)
• 3rd deposit: 50% match up to $500 + 50 free spins (Zeus vs Hades)
• 4th deposit: 25% match up to $500 + 25 free spins (Wolf Gold)

The total casino bonus therefore is $2,500 + 275 free spins. Free spins are distributed as follows:

• 25 free spins are credited immediately upon claiming.
• The remaining free spins are distributed over four days.

Receiving the TonyBet promo code sports or casino rewards is not complicated. Here’s a brief step-by-step breakdown.

1. Click the TonyBet first deposit bonus link above or visit tonybet.com and select the purple “sign up” button in the upper right hand corner.
2. On the left side of the registration prompt, select either the sports or casino bonus and enter your personal information, including phone number, email, and password.
3. Next, enter the Tonybet promo code BETMAX in the dedicated promo code box.
4. You’ll then be prompted to the “Cashier” section, where you can choose to make a first deposit using a variety of different options. Deposit at least $15 and $20 for the sports and casino offers.
5. If you selected the sports bonus, you must meet the wagering requirements (at least one bet with 5x the deposit stake on a single or multi bet with odds of 1.5 and 1.7, respectively).

Pros of the TonyBet Offer

The TonyBet promo code BETMAX grants up to $350 for the sportsbook, which is about on par with and, in some cases, better than offers from competitor sportsbooks. TonyBet has established itself as one of the best sportsbooks in Canada, and its sports bonus reflects that.

While it does have wagering requirements, they’re not very restrictive and easy to meet. Moreover, free bet winnings can be immediately withdrawn, which isn’t always true with similar offers.

The TonyBet casino bonus also compares favorably to others, particularly in terms of the amount offered. Deposits can be made over 14 days to achieve each of the four bonuses, with a maximum reward of $2,500 in funds and 275 free spins.

Cons of the TonyBet Offer

The potential bonus from the TonyBet bonus code is larger than many others offered by competitor sportsbooks in Canada, but new users should also be aware of the restrictions, especially for the sports promotion. Players must stake at least five times their initial deposit before receiving their matching free bet.

This means, for the maximum $350 free bet, they would have to deposit $350 and place qualifying bets totaling $1,750. It’s possible to meet this requirement with the original deposit if you win multiple bets, otherwise you would have to make subsequent deposits until meeting the wager requirements.

The casino offer isn’t as restrictive, but it’s important to remember that winnings from the free spins are subject to 50x wagering requirements. That means, with $20 in winnings from free spins, you would have to wager an additional $1,000 in casino games in order to withdraw the cash.

TonyBet Deposit Methods – How to Fund Your Account

As outlined in our TonyBet review, there are many deposit options that can be used to qualify for the TonyBet bonus code. The operator accepts traditional methods like Visa/MasterCard, Interac, and Interac e-Transfer. It also accepts e-wallets (MiFinity, MuchBetter, Luxonpay), vouchers (Paysafecard, NeosurfVoucher), and eight different cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and TRON.

All transactions from these sources process instantly and without applicable fees. There is no minimum deposit for bank transfers, but $15 for credit cards and $20 for Interac. The minimum deposit for Bitcoin is $75.

TonyBet Withdrawal Options – Getting Your Winnings

There aren’t as many withdrawal options, but TonyBet players can access their winnings via Interac, InstaDebit, and MuchBetter, among other select options. Interac and InstaDebit withdrawals process within 24 hours, whereas withdrawals to MuchBetter, Neosurf, and AstroPay Card are instant.

As of 2025, there are no fees for any method, although you should check with your banking provider as they sometimes levy fees on sportsbook transactions. The minimum withdrawal for both Interac and Instadebit is $20, while the maximum is $3,000 and $20,000, respectively.

In addition to the potential rewards from the TonyBet bonus code for new users, players can access a variety of other bonuses following registration. Here are some of the most notable TonyBet sports promotions and casino offers for existing users.

Daily and Weekly Forecasts

TonyBet has a Daily and Weekly Forecast promotion for existing users. With its Daily Forecast, players who have deposited at least $30 in the last five days can earn up to $1,500 in free bets by correctly predicting the outcome of a series of games, usually anywhere between 12-16. To qualify for the Weekly Forecast, players must have made a turnover of at least $150 in the last five days and can earn up to $150,000 in cash.

Bettors Tournament

The Bettors Tournament is a competition in which users compete against other TonyBet players for a share of more than $7,000 and free bets.

Friday Reload

Players who have reached Casino VIP level 5 can receive a 50 percent deposit match of up to $500 every Friday as part of the TonyBet Friday Reload program. They also get 50 free spins for the Wild West Trueways slot.

TonyBet Loyalty Program & VIP Rewards – Is it Worth it?

Like many other operators, TonyBet has a VIP program both for its sportsbook and online casino. Players are automatically enrolled in both. For the Sports VIP, players earn 1 comp point (CP) for every $7 staked on bets with minimum odds of 1.5.

There are six different levels and total CPs reset at the end of each month. Players receive 50 CPs for reaching level 2, 500 for level 3, 2,500 for level 4, and 20,000 for level 5. This means you would need to stake enough money to earn 176,950 CPs in one month to reach level six – that’s more than $1 million in stake.

So, while it’s more than the average person can stake to reach the top VIP level, the program still has its benefits. It costs nothing to enrol in the VIP program and players can still earn rewards at level two. Moreover, their CPs earned from the month can be converted into free bets at a rate of $1.50 for every 100 CPs.

TonyBet has positioned itself as a strong sportsbook and casino operator in Canada, but how does it compare to other top platforms like Bet365, Pinnacle, and Bet99? Below is a comparison of key factors, including welcome bonuses, wagering conditions, and overall sportsbook offerings.

Breaking down key benchmarks between TonyBet, Bet365, Pinnacle, and Bet99

• Bonus Amounts & Validity: TonyBet offers a solid $350 sports bonus, which is competitive but slightly lower than Bet99 ($500). However, Bet365’s bet credits structure makes it more flexible for bettors.
• Wagering Requirements: TonyBet’s 5x deposit stake is on par with Bet99 but stricter than Bet365 (1x qualifying bet). Pinnacle, known for its sharp odds, does not offer bonuses.
• Sports Coverage: TonyBet provides 25+ sports markets, slightly behind Bet365 but ahead of Pinnacle and Bet99.
• Minimum Odds: The 1.5 single-bet and 1.7 multi-bet odds requirement at TonyBet is fairly standard, similar to Bet99 and slightly stricter than Bet365’s 1.20.
• Days to Claim: TonyBet offers 14 days to claim the bonus, which is more generous than Bet99 (7 days) but shorter than Bet365 (30 days).

TonyBet is licensed by the Kahnawake Gaming Commission (License No. 902, issued December 8, 2021), ensuring compliance with regulatory standards for fair play and player protection. The platform employs SSL encryption to safeguard transactions and user data.

TonyBet also provides responsible gambling tools to help players manage their betting activity, including the following:

• Deposit & Loss Limits: Players can set daily, weekly, or monthly limits. Decreases apply instantly, while increases require a 48-hour cool-off period.
• Time-Out Feature: Allows temporary account suspension without betting access but enables withdrawals.
• Self-Exclusion: Players can block access to their accounts for 6 months to 3 years. Reopening may come with additional restrictions.
• Support Resources: TonyBet partners with Gambling Therapy, GamTalk, Gamblers Anonymous, and BetBlocker for problem gambling assistance.
• Safer Gaming Tips: Set budgets, avoid chasing losses, and treat gambling as entertainment, not income.

Finally, TonyBet has trained staff available 24/7 via live chat and email to help with responsible gambling inquiries.

TonyBet has been making waves in the Canadian betting landscape lately, with the introduction of its sports and casino bonuses and the launch of its mobile app. For those who enter the Tonybet bonus code “BETMAX”, the sports bonus is a decent option if you’re a high-volume, experienced punter, but it may not be worthwhile for those who limit their spending as wager requirements are pretty extensive. I would claim the casino bonus, which is far less restrictive and also awards free spins.