Almost every online sportsbook offers a bonus. But what’s the best bonus for you?
This guide to the best sports betting bonuses should help you sort that out. We’ve done the research to help you make the right choice.
Our team has analyzed most of the sports betting bonuses on the market, reading into the wagering requirements and other terms to make sure you get a fair shake.
Here’s a look at some of the top sports betting bonuses you can claim from leading sportsbooks, right now.
Online Sportsbook | Bonus Amount | Min/Max Bonus Deposit | Rollover | Bonus Code (if applicable) |
---|---|---|---|---|
BetOnline | $250 | $50/$500 | None | FREE250 |
Sportsbetting.ag | $250 | $50/$500 | None | WELCOME |
MyBookie | $1,000 | $50/$500 | 10X | CRYPTO100 |
BetUS | $2,000 | $50/$1,000 | 14X | JOIN125 |
Everygame | $500 | $50/$250 | 12X | WELCOME500 |
MyBookie | $500 | $100/None | None | MB100BB |
MyBookie | $200 | $50/None | 5X | None |
Lucky Rebel | $1,250 | $20/$1,000 | 10X | None |
BetNow | $250 | $50/$200 | 7X | None |
XBet | $200 | $50/$400 | 10X | None |
I like bonuses with few strings attached, and BetOnline is one of the best sportsbooks for these offers. They open their doors to you with a welcome bonus that matches your first deposit by 50% for up to $250 in bonus money. You can use your free bets on 10 major sports, and you are generally limited to wagering on moneylines, spreads, and totals.
This bonus deal at SportsBetting.ag is almost identical to the one at their sister site, BetOnline. They both offer 100 free spins at their casinos, too. And you have to use the free bets to be eligible to cash out. I list this one because I have been a member of SportsBetting.ag for years and can vouch for the good service and ease of use on the sportsbook, casino, and poker platforms.
Sports bettors who like to roll more to get more will like this offer from MyBookie. It rewards its first-time cryptocurrency depositors with a 100% match for up to $1,000 to get you started. It comes with a rollover of 10 times the bonus amount, which is lower than many sportsbook bonuses with wagering requirements. And you can use the free bets for teasers and parlays as well as straight wagers.
No one likes to get off to a bad start, and MyBookie covers you for up to $500 if your first bet goes wrong. If you win, of course, you collect, so it is a no-lose situation. It’s a one-time-only deal and requires a minimum deposit of $100. You can’t wager more than the $500, but it can apply to most any bet outside of the racebook.
If you like the MyBookie sports platform, so why not spread the word and get paid? This bonus offers a 200% match of your friend’s first deposit of $50. You pocket the $200 and use it on your own bets if you like. You will have to play through a rollover of 5X, but you can employ the same types of bets as with other MyBookie bonuses. Use it for as many friends as you like.
BetUS welcomes you with a 100% match of your first three deposits for as much as $2,000 in bonus money. You can deposit as little as $50 if you want to collect just $300. This comes with a 14X rollover, and you can apply straight bets and teasers in football, basketball, hockey, soccer, baseball, golf major events, and tennis majors.
You can get up to $500 in bonus money with this offer from Everygame. A 12X playthrough requirement is attached, but you can deposit just $50 to qualify if you want to set your sights a little lower. Achieve the rollover requirement with wagers as high as $500 on almost everything better than –200 odds. The only prohibited bets are on horses and lines with boosted odds.
Lucky Rebel sportsbook and casino just threw open its doors with one of the largest welcome bonus totals I’ve seen. But the site is also friendly to newcomers with slim budgets, allowing qualifying deposits of as small as $20. The rollover is 10X, and the site currently has no restrictions on the types of bets you can make toward the requirement as long as you don’t wager more than half of your deposit total on a single bet.
If your funds run dry at BetNow, a nice little 25% reload bonus allows you to collect as much as $250 in bonus money on a reload deposit. There is a 7X rollover, and the lower of the risk or win per wager is the amount that goes toward the playthrough. There are no restrictions on bet types or sports.
This matching welcome offer from XBet can start you with as much as $200 in extra money. It carries a 10X rollover on that extra money, and XBet makes clear they allow you to reach that rollover amount with bets on any sport, including straight bets, parlays, teasers, props, or live betting. But prop builders, virtual sports, and horse racing bets are off limits.
Free bets are essentially bonus amounts or extra money that a sportsbook awards players for signing up and/or depositing. While they are called “free,” they are usually attached to a deposit with certain requirements or restrictions. These requirements include a deposit minimum and often a rollover or playthrough that is a multiple of the bonus amount the player is required to bet to qualify for withdrawing the money.
The player is sometimes restricted to betting on specific sports and limited to certain amounts, bet types, and odds limits. For instance, a sportsbook may allow free bets only on major sports and prohibit betting on parlays or props. Players should read the bonus rules carefully.
Common Mistakes Bettors Make When Claiming BonusesWe’ve talked to a lot of bettors, and one of the most common topics of concern is sports bonuses. Even if you’ve been betting for years, you might not know all the ins-and-outs of sportsbook promos. Here are some of the common mistakes we’ve seen novices (and sharks) make:
The sports and odds limits placed on bonuses are like the fine print of bonus rules. Make sure you know which sports, events, and types of bets are stipulated in the bonus you use, and know if there are any limits on odds that you can wager.
Most bonuses require a minimum and maximum deposit and come with a rollover or playthrough you must achieve before qualifying to withdraw money. Know and follow these rules and check your account or profile to learn the progress you’ve made toward accomplishing a playthrough. It will prevent any surprises or setbacks when you go to cash out with your winnings.
A bonus sometimes stipulates how long you have to play through your bonus requirement. Be aware of any time limits and work within them.
The first step toward taking advantage of a bonus is to opt in or enter a bonus code. If a code is required, it will usually be displayed in the promotion or its rules. You will either have to opt in or enter the code during the deposit process. If you do not, you don’t receive the bonus with your deposit because it is the sportsbook’s only way of knowing that you want the bonus.
It’s easy to find a sports betting bonus. The welcome bonus is usually the first thing you see when you go to an online sportsbook. But don’t just hop on the first tasty bonus you see.
Shop around, read the bonus requirements, and you will find a sportsbook with a bonus that best suits you. Follow those bonus rules and you’ll be better off when the time comes to withdraw your winnings.
Webster Lupton is a veteran journalist, editor, author, and gambler. His book, A Place to Play, is a deep-dive on baseball history in North Carolina. Web enjoys camping, birdwatching, and fishing. From North Carolina, he likes betting on college basketball as well as NFL and college football. He’s a lifelong NY Giants fan.