Sports betting promotions come in several shapes and sizes, from bonus bets to deposit matches and more. Provided that the T&Cs are fair, these offers can add value to your wagers and enhance the overall betting experience.
At the end of the day, it's important not to merely take a bonus at face value and assume that the headline tells the full story. As experts, we always scratch beneath the surface and check the minimum odds, time limits, and wagering requirements to find the sportsbook bonuses that truly add value to your bets.
Wagering (WR): | 40x (Bonus + Deposit) |
Min. Deposit: | 50₹ |
Min. Odds: | 1.01 |
Wagering (WR): | - |
Min. Deposit: | 830₹ |
Min. Odds: | - |
Wagering (WR): | 40x Bonus |
Min. Deposit: | $30 |
Min. Odds: | - |
Wagering (WR): | 16x Bonus |
Min. Deposit: | 200₹ |
Min. Odds: | 1.9 |
Wagering (WR): | 10x Deposit |
Min. Deposit: | 0.001₿ |
Min. Odds: | 1.7 |
Wagering (WR): | - |
Min. Deposit: | - |
Min. Odds: | - |
Wagering (WR): | - |
Min. Deposit: | - |
Min. Odds: | - |
Wagering (WR): | 15x Bonus |
Min. Deposit: | $5 |
Min. Odds: | 1.75 |
Wagering (WR): | - |
Min. Deposit: | - |
Min. Odds: | 1.50 |
Wagering (WR): | 5x Bonus |
Min. Deposit: | 90₹ |
Min. Odds: | 2.00 |
Wagering (WR): | 5x Deposit |
Min. Deposit: | - |
Min. Odds: | 1.5 |
Wagering (WR): | 5x Bonus |
Min. Deposit: | 75₹ |
Min. Odds: | - |
Wagering (WR): | 6x Bonus |
Min. Deposit: | $10 |
Min. Odds: | 1.50 |
Wagering (WR): | 35x (Bonus + Deposit) |
Min. Deposit: | $100 |
Min. Odds: | - |
Wagering (WR): | 60x Bonus |
Min. Deposit: | $10 |
Min. Odds: | - |
Sportsbook promos come in a variety of shapes and sizes and are offered by just about every betting site on the planet. But why do the sportsbooks offer them?
Firstly, sign-up bonus offers are a great way for the sportsbooks to appeal to potential new players. As you have probably noticed by now, the online gambling market is quite crowded, and promotions like "no sweat first bets", deposit matches, bonus bets, and odds boosters are a great way for the top brands to cut through the noise.
With all that being said, betting promos aren't only offered to prospective new players. While attracting new customers is important, it's also essential for the online sportsbooks to maintain their client base and keep their loyal bettors happy. That's why the top sites also have VIP programs and regular promotions for their existing site users.
As we said above, online sportsbooks use betting promos as a means of cutting through the noise to appeal to new players and to help retain their existing users. This is get news for you as a bettor, as the abundance of sportsbooks on the market is driving up competitivty, and as a result, the quality of the bonuses is getting better and better.
The brains behind the betting sites aren't silly, and they know that different players have different tastes and betting styles. That's why there are many types of sportsbook bonuses available right now.
With that in mind, let's take a look at some of the most popular types of sports betting promo:
Welcome bonuses are, without a doubt, the most common type of sports betting offers available. Here's how they work: when you sign up at betting sites with welcome bonuses, they will reward you with a bonus. Welcome offers can come in a variety of shapes and sizes, most commonly as a deposit match, where your first deposit will be matched up to a certain percentage in bonus credits.
However, welcome bonuses don't always come in the form of a deposit match. Sometimes you will get bonus bets as a new player when you register and make your first bet of a certain amount or more. While they are rare, some of the best sportsbooks even offer no deposit bonuses to their new players. This is a term used to refer to betting offers that you can claim without needing to fund your account first.
After claiming a welcome offer on your first bet or deposit, you can often grab what’s called a reload bonus. This is another type of deposit match that you can claim on subsequent deposits, up to a certain percentage.
While reloads usually aren't as big as your initial sign-up promotion, the cool part is that you can often claim them regularly to continually enhance your experience. More often than not, you can find these offers in the "Promotions" page of your online sportsbook account.
Bonus bets, sometimes referred to as free bets, are promotional tokens that can be used to place a single-stake wager of a certain value. For example, if you have a $10 bonus bet, you can use it to place 1 x $10 wager on a sports event - it's that simple.
However, bonus bets aren't usually given to you for free. Usually, you will have to make a qualifying first bet at specified minimum odds to claim the bonus. More often than not, the value of your free bet won't be included in your returns, and sometimes you will have to wager a certain amount of real money before you can withdraw your winnings.
Risk-free bets, sometimes called "no sweat bets," are often confused with free bets. The actual bonus itself is the same as a free bet, but how you claim it is different. What you have to do is fund your account, then make your first bet using real money.
If your bet loses, you'll get your money back as bonus bets or bonus credits. But if you win, you don't get any bonus - it's just your winnings. Essentially, risk-free bets act as a safety net, giving you a second bite at the cherry if you lose.
Sports betting sites are always looking to bring in new players, and that's why many of them offer referral programs. Here's how it works: you get unique betting promo codes to share with friends. If your friends sign up and make a deposit using your code, you'll get a bonus.
Sometimes, both you and your friend will get rewarded, making it a win-win situation. Plus, many sportsbooks don't cap the number of referrals you can make, so it's a great opportunity to spread the word about your favorite sites and get lots of rewards while you're at it.
Leading online sportsbooks, like all of the sites listed in the banners on this page, have loyalty programs in place to reward their most dedicated users. How these programs work can differ from site to site, but generally, you get loyalty points for every wager you make using real money.
The more points you collect, the higher your level in the program. As you level up, you unlock bigger and better bonuses and benefits. It’s a straightforward way to get rewarded just for placing bets as you normally would.
A lot of sports bettors fall into the trap of thinking the biggest bonuses are the best, but if you just go by the size of the bonus, you might end up on some sketchy sites. That's because some platforms throw out big bonuses to reel you in, only to hit you with unfair terms that basically make it impossible to cash out your winnings.
Finding the best betting bonuses isn’t just about looking at the numbers; it involves some serious digging. You’ve got to scout out the most reputable sportsbooks first, and then really dive into the nitty-gritty of their terms and conditions to make sure they’re fair and give you a real shot at withdrawing your winnings. Sure, you can do all this on your own, but it's going to take a lot of time and effort.
Alternatively, you can save yourself all that hassle and pick from the sports betting bonuses featured in the banners on this page. Our team of experts has already put in the time to vet these sportsbooks and their bonuses thoroughly.
You can therefore trust that not only are they legit, but they also come with fair terms that won’t trip you up. Go ahead, pick one of these tried and tested offers, and start sports betting with some additional funds.
Claiming sports betting bonuses should be a breeze, regardless of whether you're a seasoned bettor or just starting out. If a sportsbook makes you jump through too many hoops to get your bonus, it's probably best to look elsewhere. Here’s a simple guide on how to claim the best betting offers:
Before you start claiming sports betting offers, it's crucial to understand the terms and conditions. These rules not only affect how you can use the bonus but also how you can withdraw winnings from it. To ensure you're well-informed, here are the main terms and conditions you should know about and what they mean.
As the name suggests, the minimum deposit is the smallest amount you can deposit to qualify for a bonus. If you deposit less than this amount, you won't be eligible for the bonus. So, always check the minimum required before making your deposit. Otherwise, you might miss out.
Wagering requirements, also called playthrough requirements, tell you how many times you need to bet the bonus amount before you can withdraw your winnings. For instance, if you claim a $10 bonus with a 10x wagering requirement, you'd need to bet a total of $100 before you can pull any money out. In some cases, you might have to play through your bonus amount plus your first deposit amount a set number of times. Using the previous example, if the wagering requirement was 10x your bonus + deposit amount, you would need to wager ($10 + $10) x 10 = $200.
Many players claim sports betting bonuses intending to use them on bets that are highly likely to win, hoping to easily meet the wagering requirements and cash out their winnings. However, sportsbooks would lose a lot of money if they allowed this to happen frequently, which is why they set minimum odds limits for most offers. Be sure to check these limits before you claim and use bonuses, so you know what bets are allowed.
While some sports betting offers are flexible and can be used on any sport or market at a sportsbook, many are restricted to specific sports and markets. If you bet on sports that aren't covered by the offer, you might lose the bonus and any winnings made from it. So, always make sure to check the eligible sports before placing your bets.
Pretty much every sports betting offer comes with time limits that you need to be aware of. First off, there's a deadline to claim the offer before it expires. Then, once you've claimed it, you'll have a certain amount of time to actually use the bonus. Make sure to keep an eye on these deadlines so you don't miss out on using your bonus before it's too late.
You will often find that deposits made using certain payment methods are excluded from the bonus. For example, certain e-wallets are commonly excluded from bonus eligibility, meanwhile in-person cash deposit methods, such as PayNearMe, are almost always exempt from bonus use. Before funding your account, make sure that your preferred payment option is eligible by reading through the betting promo T&Cs thoroughly.
Some sportsbook promos might seem great at first glance, but when you dig a bit deeper, you might find they're not all they're cracked up to be. Here are the big red flags to watch out for so you know which bonuses to avoid:
Most of the best sports betting promotions have wagering requirements between 5x to 20x. That being said, if you see a bonus with requirements of 20x or more, it's not always a dealbreaker. For example, larger bonuses often have higher wagering requirements to protect the betting sites' profits. This might be annoying for us as customers, but it is fair enough in the grand scheme of things.
However, watch out if the requirement shoots up to 30x or more without a hefty bonus to balance it out, as that's a red flag. It means you'll have to bet a ton before you can withdraw anything, so the odds of actually winning something get pretty slim. In cases like that, the bonus is best avoided altogether.
A vitally important thing to check with all sportsbook promos is the maximum win cap. Most betting bonuses will have a maximum win limit in place, but you want to make sure that it's proportionate. For example, if a $100 bonus bet has a maximum win limit of $150, the offer isn't worth your while. On the other hand, a $150 maximum win limit for a $5 bonus is actually pretty generous.
If you spot a bonus with a low max win amount, especially if you're considering dropping a lot of cash to claim it, that’s a red flag. It means the sportsbook is happy to take your big deposit but not so willing to cough up a big payout. The key is to find bonuses where the risk-to-reward ratio actually makes sense.
Most sportsbook bonuses come with a maximum time limit of somewhere between seven and 30 days, which is usually sufficient for using and wagering most offers. However, unless the bonus is particularly small, or is a single use free bet, then it's best to avoid offers with a time limit that's less than seven days.
ThisIt usually means the sportsbook has deliberately set a short deadline to make it harder for you to meet the wagering requirements and cash out your winnings. The only time it’s not a huge worry is if the wagering requirements are really low - like just 1x - making the tight timeframe a bit more reasonable.
It's pretty normal for bonuses to have restrictions on which sports or markets you can bet on, but keep an eye out for ones that only let you place risky bets. For instance, if a bonus is only eligible for multi-leg parlays or bets with super high odds, it shows that the sportsbook is making it really tough for you to win anything. Offers like that just aren’t worth the hassle and are best avoided.
The minimum deposit, first bet, and odds requirements are also worth looking at in this context, as they can be used as a means of restricting how you use the bonus. On a slightly less serious level, make sure that the bonus includes the sports and bet types that you enjoy betting on.
That just about sums up all of the essential information that you need to know about sportsbook bonuses and the various guises and sizes that they come in. Bonus bets are straightforward and offer you a great means of wagering on a single sports event. Meanwhile, deposit matches can be more sizable, but at the same time tend to have a higher wagering requirements and more restrictions.
At the end of the day, however, the most important thing is that you find the right offers for you. To help with that, you can check out the best sportsbooks and the promotions that they are currently offering right here on this page.
Our experts have claimed and tested these sportsbook promos themselves, so you can rest assured that our reviews are fair, honest, and authoritative. Finally, remember that when using your bonus, you can always refer to this page as a helpful guide.
To find the best betting offers, check out well-known sportsbooks with good reviews. Look at their promotions page and read the fine print to make sure the terms are fair. To save time, you can look at the banners on this page for bonuses that our experts have personally tested and approved.
Avoid offers with super high wagering requirements, short expiry periods, or ones that limit you to risky bets. Also, watch out for bonuses with low maximum winnings or ones that seem too good to be true.
Terms and conditions include things like wagering requirements, minimum deposits, and restrictions on which sports you can bet on. They might also include minimum odds, time limits, and restrictions on certain payment methods. Always read the fine print so you know what you're getting into.
There are a many different types of bonuses, but the most popular ones include welcome bonuses for new users, reload bonuses for existing users, and loyalty bonuses for dedicated players.