Sports Betting Bonuses

Bonus. It’s one of the best words in the English language. And in the sportsbook world, it usually means more money just for funding your account. Bonuses have been a part of the online sportsbook industry since its inception – though they have changed over the years, the basic premise remains the same: give bettors a reward for placing their sports bets.

The best sportsbook bonuses are the online version of casino comps – perks designed to draw in more business and keep existing bettors coming back. In a bricks-and-mortar casino, comps (short for “complimentary”) are free things like hotel suites or room upgrades, show tickets or free meals.

Best Sports Betting Bonuses

  1. Bovada

    When it comes to sportsbooks geared to American bettors, Bovada offers everything you need to bet on the NFL, NBA, MLB and college sports. There’s also lines on hockey, UFC, e-sports and politics. From live betting to exclusive bonuses on certain deposit options, Bovada is the ultimate sports betting site for those looking for quick withdrawals, special promotions and different language options (English and Spanish).

    • Real-Time Lines, Props and Live Betting
    • 24-Hour Customer Service
    • Industry-Leading Promotions
    • Visa
    • MasterCard
    • bitcoin
    5
    Signup Bonus
    50% Up To $250
    Play Now
  2. BetOnline

    Known for their killer Welcome Bonus and refer-a-friend program, BetOnline.ag is focused on the bettor. Choose from player props to $125 worth of risk-free bets when you use this sportsbook for your wagering needs. They also boast early lines and quick payouts, making them one of the most respected in the industry.

    4.5
    Signup Bonus
    50% Up To $1000
    Play Now
  3. BetNow

    Looking to bet on your favorite American sports? This is the sportsbook for you. With great action and an ample welcome bonus, BetNow has something for bettors of all walks of life. Besides their roster of sports to bet on, this online betting site is easy to use with clean graphics that look perfect on desktop and mobile.

    4.5
    Signup Bonus
    100% Up To $500
    Play Now
  4. SportsBetting

    Betting on sports is easy when you use an online sportsbook like this one. SportsBetting.ag is part of the BetOnline.ag family and it shows. With multiple betting options, live wagering and numerous sports available to bet on, this is a sportsbook not to be missed.

    Signup Bonus
    50% Up To $1000
    Play Now
  5. GT Bets

    GTBets is the sportsbook of choice for football fans due to their NFL and college football betting lines and odds. Their easy-to-use interface makes betting a breeze. Plus, their ample sign-up bonus will match your first deposit 50% up to $500. Whether you're wagering on the NBA, baseball or horse racing, this is the online betting site you need.

    Signup Bonus
    50% Up To $500
    Play Now
  6. Intertops

    With multiple bonuses to choose from, Intertops is your one-stop shop for betting on everything from soccer, football, baseball, tennis, basketball, esports and more. This online sportsbook gives you over 4,000 daily wagers and live scoring so you can track your bets in real time. Plus, their mobile betting site is just as easy to use as their desktop version.

    Signup Bonus
    100% Up To $500
    Play Now
  7. 5Dimes

    Keeping things simple, you won’t find an easier-to-use sportsbook than 5Dimes. This online betting site offers reduced lines and is known to be the leader in prop bet offerings. They also provide 50% match bonuses for first-time depositors and you can bet on everything from MLB to NHL to NBA to NFL, college sports and even chess.

    Signup Bonus
    50% Up To $520
    Play Now
  8. Sport Bet

    If you’re looking for dynamic lines and multiple wagering options, Sportbet is the sportsbooks for you. You can wager on football, basketball, baseball hockey, soccer, tennis and golf. There are also lines for NASCAR and in-game betting is offered to give you a chance to wager on sporting events as they unfold in real-time.

    Signup Bonus
    50% Up To $520
    Play Now
*Terms and Conditions apply to all bonus offers on this website. Visit operator for details.

How do Sportsbook Bonuses Work?

A sportsbook bonus generally comes in the form of money or free bets – more on that below. If a store offers you a BOGO deal on sneakers (buy one, get one free), there may be certain restrictions in place. For example, they may be limited to certain brands like Stan Smiths or Air Jordans.

It’s important to read the bonus terms and conditions before accepting any offers because each betting site has its own rules or wagering requirements. Sometimes referred to as rollover requirements, these are often listed with numerical values such as 5x, 10x or 25x. This number tells you how much you’ll have to wager in order to clear your full bonus amount. Let’s say you were to deposit $100 to your account and the bonus offered was 50% with a 5x rollover. You are entitled to a $50 bonus (50% of $100). To claim your reward, you would need to bet the equivalent of $500 ($100 x 5). However, you don’t have to bet $500 all at once but can break it down into smaller wagers.

Other bonuses come attached with dollar amounts. They may offer cash amounts, like up to $100 in bonus money, or another amount that matches your deposit.

Another thing to look for is the time requirement. Depending on the sportsbook, you may have a limited time to claim your bonus – like 30 or 60 days – otherwise it disappears.

Odds may also come into play with your sportsbook bonus. This means that if you bet $10 on the Cowboys at -110 and they lose, you would earn $10 toward your rollover requirement. However, you would only earn $9.09 if they win. It’s kind of like extra credit for your bet coming up at a loss. Some betting sites go even further and won’t allow you to use your bonus on strong favorites.

What is the Best Sportsbook Bonus?

The answer to that question depends on you, the bettor, and your preferences. Let’s break down the types of bonuses and you can decide which one is best for you.

Sign-Up Bonuses

This is a generic term for bonuses made available to new depositors. It’s usually the largest and most-advertised bonus at an online sportsbook, often seen splashed across banner ads.

The idea behind the sign-up bonus – or welcome bonus – is to incentivize people to sign up for an account and give them a reward for doing so. Cash and free bets are the most common type of reward.

Deposit Match Bonuses

This advantage, also known as a cash bonus, allows you to receive a percentage of your initial deposit to add to your bankroll. For example, if you were offered a 50 percent match bonus, and you deposited $100, the betting site would add $50 to your account. The match rates vary from book to book and can be anywhere from five percent to 100 percent of your qualifying deposit.

The type of currency and deposit method you use can also influence the bonus. Bitcoin bonuses are becoming incredibly common as cryptocurrency grows in popularity. Some sports betting sites will also offer match bonuses if you use a certain coinage such as USD, CAD, euros, GBP or rupees.

Free Play Bonuses

The free bet incentive is meant to give you a worry-free wager. Instead of giving you a dollar amount match for your first deposit, you would get a freebie. If you win your free bet, the funds go into your account as it would with any other winning ticket. If you lose your free bet, you may be offered another bonus with rollover requirements that you can redeem right away to keep playing.

Reload Bonuses

For existing customers who have already received their cash bonus or first deposit bonus from signing up at the site, you’re not done with advantages just yet. You could be offered a reload bonus. When you add more money to your account, the sportsbook may give you a percentage match of five percent or 10 percent. So, if you were to add $100 to your bankroll and the sportsbook bonus is 10 percent, you’d get an additional $10 to bet with. Reload bonus amounts are usually lower than those of first deposits. You may even see deposit option-specific reload offers like credit card or Bitcoin bonuses.

Sports-Specific Bonuses

Some sports betting sites offer bonuses that are for certain sports. For instance, you could get five percent of your deposit for making March Madness picks. If you are known to bet on football, the site may give you a bonus for wagering on the Super Bowl. These may come with a rollover or odds restriction.

The Sportsbook Bonus Advantage

Bonuses are a great way to grow your bankroll and have fun wagering at your favorite betting site, as long as you follow a few key principles:

  • Don’t make a sportsbook deposit just to earn a bonus. Make a deposit because you intend on having fun betting.
  • Only bet at one of the sites we mention above. We champion these sports wagering sites because they are safe, secure and offer the best sportsbook bonuses around.
  • Read the terms and conditions thoroughly before accepting a reward. Rollover requirements exist for a reason, and if you don’t know what they are, you may be in for a surprise when you try to collect your sportsbook bonus.
  • If you don’t find a deposit bonus offer you like, or plan on adding a large amount to your account like $1,000, you can contact the site’s customer service department. They may offer you an incredible deal for your large bankroll and loyalty to the website.