Last Updated:
Aug 22, 2023
Best Bonus Bets 2023
Breaking down the best bonus bet offers available in the US!
Bonus Bet Sign Up Offers
| Rank | Bookmaker | Bonus | Turnover | Min odds | ||
|---|---|---|---|---|---|---|
| 21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER. | ||||||
| 1 |
 Caesars Sportsbook | Up to $1,000 First Bet on Caesars | Turnover: 1x bonus amount | Lowest odds: N/A | Claim Go to website |
T&C Apply 21+ only. New customers in AZ/CO/IL/IN/IA/KS/LA/MA/MD/MI/ NJ/NY/OH/PA/TN/VA/WV/WY only. $10 minimum deposit required (min $10). Must place first real money (min. $10) wager within 30 days. Qualifying wager must settle within 30 days of being placed. Qualifying wager returned as a single non-withdrawable bonus bet only if wager is settled as a loss. Maximum Bonus Bet $1,000. Bonus Bet expires 14 days after receipt. Full T&C apply, visit Caesars Sportsbook for more details. |
| 2 |
 FanDuel Sportsbook | Bet $5, Get $200 | Turnover: 1x bonus amount | Lowest odds: N/A | Claim Go to website |
T&C Apply 21+ and present in AZ/CO/CT/IA/IL/IN/KS/LA /MA/MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY. Minimum $10 first deposit required. Promotion Bonus will be credited to your account within 72 hours settlement of Qualifying Wager. First online real money wager only (minimum $5). Bonus issued as non-withdrawable bonus bets that expires in 14 days. Bonus bets will be issued within 72 hours of bet placement. See full terms at sportsbook.fanduel.com. |
| 3 |
 PointsBet | 10x $100 Second Chance Bets | Turnover: 1x bonus amount | Lowest odds: -500 | Claim Go to website |
T&C Apply 21+. New customers only. CO/IA/IL/IN/KS/MD/MI/ NJ/NY/OH/PA/VA/WV. Must make a qualifying deposit (min $10) and place first real-money wager bets (minimum $0.50). If the first 10 cash bets (first bet per day for 10 consecutive days) on a fixed odds market loses, you will receive Bonus Bet(s) in the amount of the losing wager(s), up to $100 each. Full T&C apply, see sign up page for more info. |
| 4 |
 DraftKings Sportsbook | Bet $5, Get $200 | Turnover: 1x bonus amount | Lowest odds: -300 | Claim Go to website |
T&C Apply 21+. AZ/CO/CT/IL/IN/IA/KS/LA/MD/MI/NJ/NY/OH/PA/ TN/VA/WV/WY only. Minimum $5 deposit, and minimum $5 qualifying wager. Bonus Bets will be awarded instantly upon bet settlement, along with any winning if applicable. Bonus bets will be paid as eight (8) $25 non-withdrawable Bonus Bets. One qualifying bet per customer. Full T&C apply, visit DraftKings Sportsbook for more details. |
| 5 |
 Bet365 | Bet $1, Get $365 | Turnover: 1x bonus amount | Lowest odds: -500 | Claim Go to website | 21+ and present in CO/IA/NJ/OH/VA. First online real money wager only. $10 first deposit required within 30 days. Bonus issued as non-withdrawable bonus bets that expires in 90 days. Full T&C apply, visit sign up page for more info. #ad |
Bonus Bet Promotions
Sportsbooks with Bonus Bets for Existing Customers
| Rank | Bookmaker | Bonus | Turnover | Min odds | ||
|---|---|---|---|---|---|---|
| 21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER. | ||||||
| 1 |
Caesars Sportsbook | Up to $1,000 First Bet on Caesars | Turnover: 1x bonus amount | Lowest odds: N/A | Claim Go to website |
T&C Apply 21+ only. New customers in AZ/CO/IL/IN/IA/KS/LA/MA/MD/MI/ NJ/NY/OH/PA/TN/VA/WV/WY only. $10 minimum deposit required (min $10). Must place first real money (min. $10) wager within 30 days. Qualifying wager must settle within 30 days of being placed. Qualifying wager returned as a single non-withdrawable bonus bet only if wager is settled as a loss. Maximum Bonus Bet $1,000. Bonus Bet expires 14 days after receipt. Full T&C apply, visit Caesars Sportsbook for more details. |
| 2 |
FanDuel Sportsbook | Bet $5, Get $200 | Turnover: 1x bonus amount | Lowest odds: N/A | Claim Go to website |
T&C Apply 21+ and present in AZ/CO/CT/IA/IL/IN/KS/LA /MA/MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY. Minimum $10 first deposit required. Promotion Bonus will be credited to your account within 72 hours settlement of Qualifying Wager. First online real money wager only (minimum $5). Bonus issued as non-withdrawable bonus bets that expires in 14 days. Bonus bets will be issued within 72 hours of bet placement. See full terms at sportsbook.fanduel.com. |
| 3 |
PointsBet | 10x $100 Second Chance Bets | Turnover: 1x bonus amount | Lowest odds: -500 | Claim Go to website |
T&C Apply 21+. New customers only. CO/IA/IL/IN/KS/MD/MI/ NJ/NY/OH/PA/VA/WV. Must make a qualifying deposit (min $10) and place first real-money wager bets (minimum $0.50). If the first 10 cash bets (first bet per day for 10 consecutive days) on a fixed odds market loses, you will receive Bonus Bet(s) in the amount of the losing wager(s), up to $100 each. Full T&C apply, see sign up page for more info. |
| 4 |
DraftKings Sportsbook | Bet $5, Get $200 | Turnover: 1x bonus amount | Lowest odds: -300 | Claim Go to website |
T&C Apply 21+. AZ/CO/CT/IL/IN/IA/KS/LA/MD/MI/NJ/NY/OH/PA/ TN/VA/WV/WY only. Minimum $5 deposit, and minimum $5 qualifying wager. Bonus Bets will be awarded instantly upon bet settlement, along with any winning if applicable. Bonus bets will be paid as eight (8) $25 non-withdrawable Bonus Bets. One qualifying bet per customer. Full T&C apply, visit DraftKings Sportsbook for more details. |
| 5 |
Bet365 | Bet $1, Get $365 | Turnover: 1x bonus amount | Lowest odds: -500 | Claim Go to website | 21+ and present in CO/IA/NJ/OH/VA. First online real money wager only. $10 first deposit required within 30 days. Bonus issued as non-withdrawable bonus bets that expires in 90 days. Full T&C apply, visit sign up page for more info. #ad |
| 6 |
 BetRivers | 2nd Chance Bet up to $500 | Turnover: 1x bonus amount | Lowest odds: -200 | Claim Go to website |
T&C Apply 21+. New Customers Only. AZ/CO/IA/IL/IN/LA/MD/ MI/NJ/OH/PA/VA/WV Must make a qualifying deposit of $10+ with claim code SPORTS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500 ($250 in CO/NJ, $100 in NY/OH/AZ/WV/IA). Full T&C apply, see BetRivers for more details. |
| 7 |
 BetMGM | Up to $1,500 Back in Bonus Bets | Turnover: 1x bonus amount | Lowest odds: N/A | Claim Go to website |
T&C Apply 21+. AZ/CO/IL/IN/IA//LA/KY/MD/MA /MI/NJ/OH/PA/TN/VA/WV/WY only. Offer not available in NY or KS. New customers only. Qualifying deposit (min $10) and first real money wager required. If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,500. Full T&C can be found on BetMGM. |
| 8 |
 Betfred Sports | Bet $50, Get Up to $1,111 in Fred Bets | Turnover: 1x bonus amount | Lowest odds: -200 | Claim Go to website |
T&C Apply 21+. New customers located in AZ/CO/IA/MD/OH/VA only. Bonus not available in PA. Minimum $50 deposit required. Eligible customers will receive $111 in Fred Bets, as three $37 Fred Bets, upon settlement of their first $50 cash bet AND 50% back on combined total net losses per week, up to $200 in Fred Bets per week, for five consecutive calendar weeks, beginning on the date of their first bet. Full T&C apply. |
| 9 |
 Betway | 1st Bet Reset of up to $250 | Turnover: 1x bonus amount | Lowest odds: -300 | Claim Go to website |
T&C Apply 21+. New customers only. AZ/CO/IN/IA/NJ/PA/VA. Different offer available in OH. Must make a qualifying deposit of $10+. Must make qualifying cash wager at odds of -300 or greater. Qualifying Wager must settle within 7 days of opening a new Betway account. The amount of the settled losing bet will be credited back in the form of non-withdrawable bonus bets. Full T&C apply, visit Betway for more details. |
| 10 |
 Unibet | $500 Second Chance Bet | Turnover: 3x bonus amount | Lowest odds: -300 | Claim Go to website |
T&C Apply 21+. New customers only. Welcome offers differ between states. Players must opt in to promotion when registering account, make a qualifying deposit (min $10), and place first real-money wager bet (min $10). If first qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets (max bonus amount limited to $100 in AZ/IN/VA, max bonus limited to $500 in PA). Bonus bets have a 3x playthrough requirement and must be wagered on events with odds of -300 or greater. Full T&Cs apply, see sign up page for more info. |
Bonus Sports Bets
The Bonus Bet offer is a popular sportsbook sign up bonus that betting apps utilize to draw in new users. A generous bonus offer, some even offer free bets with no deposit required.
It's important to note that these offers are usually not free since they do typically require the user to deposit and risk their own money before rewarding them in non-withdrawable site credits.
Sportsbooks used to refer to these offers as "free" but have since moved away from that terminology for more accurate terms such as bonus bets or bet credits.
Bonus Bet FAQ
Everything you need to know about bonus bet offers!
What sportsbooks offer bonus bets?
The following sportsbooks offer bonus bet sign up bonuses:
Which bonus bet offer is the best?
Bet365’s bonus has a $10 minimum deposit, only requires the user to risk $1, and can be as valuable as $200. Plus, you can split up your bet credits as much as you’d like, giving you more freedom and flexibility.
Are bonus bets ever offered to existing customers?
Yes. For some specific events, sportsbooks will offer bonus bets for existing customers. These offers are used to keep you coming back to the sportsbook instead of leaving for a new sportsbook’s sign up bonus.
Are there limits on bonus bets?
Yes, there are various limits placed on bonus bets offered by sportsbooks. These can include the amount of money offered to you by the promotion, what games you can bet on, and the minimum odds on bets you can place using your bonus money.
Can you use bonus bets on casinos?
Yes. This can vary from site to site, but many sportsbooks will allow you to wager your bonus bet on their casino platforms (if they have one). However, it should be noted that certain wagering requirements, such as minimum odds and turnover, can differ if you use your bonus bet on the casino.
Are bonus bets different than second chance bets?
Yes. Bonus bets do not always require you to place a bet before receiving your bonus, and even if they do the result of your qualifying wager shouldn’t matter. Second Chance bets require the user to risk money
More information on second chance bets.
New Customer Bonus Bets
Bonus Bet sign up bonuses are an extremely generous way to get new users in the door. The downside to this generosity is that they are offered far less commonly than some other types of sportsbook sign up bonuses, such as second chance bets and deposit bonuses. Second chance sign up offers will always require you to sign up, wager, and lose. However, bonus bets may not always require you to deposit or place a bet to unlock the offer, and they certainly don't require you to lose your first bet like second chance bet offers do.
Bonus bets are the most user-friendly bonus out there, but this also means sportsbooks don't give them out quite as often. However, existing customer bonus bets are a bit easier to find once you've already signed on with a sportsbook.
New Customer Bonus Bet Offers
21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
Bet $1, Get $365
21+ and present in CO/IA/NJ/OH/VA. First online real money wager only. $10 first deposit required within 30 days. Bonus issued as non-withdrawable bonus bets that expires in 90 days. Full T&C apply, visit sign up page for more info. #ad
Bet $10, Get $50
Not Available in OhioT&C Apply21+. New customers only. CO/MI/VA. Must place a qualifying wager of $10+ with minimum odds of -200 or greater after making a first time deposit. Five (5) $10 non-withdrawable Bet Credit Tokens will be awarded after the qualifying wager settles. Full T&C apply, visit SI Sportsbook for more details.
Bet $100 Get $5
T&C Apply21+. New customers only. Welcome offer varies by state. New customers only. Must opt-in to the promotion and then make first deposit of $100+. Must place at least one qualifying wager of $100+ on any straight or parlay bet with odds of -120 or greater (-150 odd or greater in MA). Non-withdrawable Site Credits will be awarded when the qualifying wager settles as a win, loss, or push. Players in MA eligible to receive max $100 in Bet Credits. Players in NY eligible to receive max $5 in Bet Credits. Players in MI eligble to receive max $50 in Bet Credits and $50 in Casino Bonus. Full T&C apply, visit WynnBET for details.
Existing Customer Bonus Bet Offers
While bonus bet sign up offers are great, they can only be used once. A practice employed by many sports betting sites is to regularly offer bonus bets to existing customers.
This keeps them coming back for more and offers more value than just the basic sign-up bonus.
Regular bonus bet promos can be varied. Often they are themed around a special event, like the Olympics, March Madness, or a game in which the betting site has some sort of sponsored interest. For example, there is a litany of bonus bet offers for the NFL season promoted every fall.
Additionally, sportsbooks that feature pools often bonus entry into their daily pools, allowing you to win cash prizes with no money down.
FanDuel Sportsbook offers users a free bet for referring a friend
Other times, sportsbooks will require action on your part to unlock a binus bet promo. This can include referring a friend to use the site or just using one site feature for the first time.
Sportsbook Existing Customer Bonus Bets
- BetMGM - Bonus bets for regular users every Monday
- Caesars Sportsbook - $100 bonus bet for referring a friend
- PointsBet - $100 bonus bet for referring a friend
- Unibet - $10 in bonus bets every week
- FanDuel Sportsbook - $50 bonus bet for referral
- DraftKings Sportsbook - Free to play pools offered daily
- SI Sportsbook - Win bonus bets by playing free NFL Perfect 10
- BetRivers - Bonus bets for backing local teams
Existing Customers Bonus Bets
21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
Up to $1,500 Back in Bonus Bets
T&C Apply21+. AZ/CO/IL/IN/IA//LA/KY/MD/MA /MI/NJ/OH/PA/TN/VA/WV/WY only. Offer not available in NY or KS. New customers only. Qualifying deposit (min $10) and first real money wager required. If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,500. Full T&C can be found on BetMGM.
Up to $1,000 First Bet on Caesars
T&C Apply21+ only. New customers in AZ/CO/IL/IN/IA/KS/LA/MA/MD/MI/ NJ/NY/OH/PA/TN/VA/WV/WY only. $10 minimum deposit required (min $10). Must place first real money (min. $10) wager within 30 days. Qualifying wager must settle within 30 days of being placed. Qualifying wager returned as a single non-withdrawable bonus bet only if wager is settled as a loss. Maximum Bonus Bet $1,000. Bonus Bet expires 14 days after receipt. Full T&C apply, visit Caesars Sportsbook for more details.
10x $100 Second Chance Bets
T&C Apply21+. New customers only. CO/IA/IL/IN/KS/MD/MI/ NJ/NY/OH/PA/VA/WV. Must make a qualifying deposit (min $10) and place first real-money wager bets (minimum $0.50). If the first 10 cash bets (first bet per day for 10 consecutive days) on a fixed odds market loses, you will receive Bonus Bet(s) in the amount of the losing wager(s), up to $100 each. Full T&C apply, see sign up page for more info.
$500 Second Chance Bet
T&C Apply21+. New customers only. Welcome offers differ between states. Players must opt in to promotion when registering account, make a qualifying deposit (min $10), and place first real-money wager bet (min $10). If first qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets (max bonus amount limited to $100 in AZ/IN/VA, max bonus limited to $500 in PA). Bonus bets have a 3x playthrough requirement and must be wagered on events with odds of -300 or greater. Full T&Cs apply, see sign up page for more info.
Bet $5, Get $200
T&C Apply21+ and present in AZ/CO/CT/IA/IL/IN/KS/LA /MA/MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY. Minimum $10 first deposit required. Promotion Bonus will be credited to your account within 72 hours settlement of Qualifying Wager. First online real money wager only (minimum $5). Bonus issued as non-withdrawable bonus bets that expires in 14 days. Bonus bets will be issued within 72 hours of bet placement. See full terms at sportsbook.fanduel.com.
Bet $5, Get $200
+ up to $150 in No Sweat BetsT&C Apply21+. AZ/CO/CT/IL/IN/IA/KS/LA/MD/MI/NJ/NY/OH/PA/ TN/VA/WV/WY only. Minimum $5 deposit, and minimum $5 qualifying wager. Bonus Bets will be awarded instantly upon bet settlement, along with any winning if applicable. Bonus bets will be paid as eight (8) $25 non-withdrawable Bonus Bets. One qualifying bet per customer. Full T&C apply, visit DraftKings Sportsbook for more details.
Bet $10, Get $50
Not Available in OhioT&C Apply21+. New customers only. CO/MI/VA. Must place a qualifying wager of $10+ with minimum odds of -200 or greater after making a first time deposit. Five (5) $10 non-withdrawable Bet Credit Tokens will be awarded after the qualifying wager settles. Full T&C apply, visit SI Sportsbook for more details.
2nd Chance Bet up to $500
T&C Apply21+. New Customers Only. AZ/CO/IA/IL/IN/LA/MD/ MI/NJ/OH/PA/VA/WV Must make a qualifying deposit of $10+ with claim code SPORTS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500 ($250 in CO/NJ, $100 in NY/OH/AZ/WV/IA). Full T&C apply, see BetRivers for more details.
Free Bet Promotions
SI Sportsbook Promo: Perfect 10 - Win Bonus Bets up to $10K
Predict 10 games from the NFL for bonus every week to win bonus bets and cash prizes up to $10,000 all season! Win bonus bets each week of the NFL season Read more
Unibet Sport Club - Get $10 in Bonus Bets Every Week
The Unibet Sport Club grants users a $10 weekly every Monday if they had placed five $10 wagers the previous week Read more
BetMGM Money Monday Club - Get a $10 Bonus Every Week
The BetMGM Money Monday Club grants users $10 in bonus bets every Monday if they had placed $50 in qualifying wagers the previous week Read more
Second Chance Bets
BetMGM currently has one of the best second chance bet offers out there
Currently the most popular sportsbook bonus on the market, the second chance bet puts both the player and the betting site in a position to succeed.
You start by placing a real-money wager. If your bet wins, you don’t get anything. However, if you lose you’ll be refunded your bet amount, usually in on-site credits.
So you have defacto bet insurance, but you’ll only get the benefit if your bet loses.
Due to how comparatively beneficial it is for the sportsbook, top betting sites like PointsBet, Unibet, and FanDuel Sportsbook have all adopted this model.
Second Chance Bet Offers
21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
Up to $1,000 First Bet on Caesars
T&C Apply21+ only. New customers in AZ/CO/IL/IN/IA/KS/LA/MA/MD/MI/ NJ/NY/OH/PA/TN/VA/WV/WY only. $10 minimum deposit required (min $10). Must place first real money (min. $10) wager within 30 days. Qualifying wager must settle within 30 days of being placed. Qualifying wager returned as a single non-withdrawable bonus bet only if wager is settled as a loss. Maximum Bonus Bet $1,000. Bonus Bet expires 14 days after receipt. Full T&C apply, visit Caesars Sportsbook for more details.
Bet $5, Get $200
T&C Apply21+ and present in AZ/CO/CT/IA/IL/IN/KS/LA /MA/MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY. Minimum $10 first deposit required. Promotion Bonus will be credited to your account within 72 hours settlement of Qualifying Wager. First online real money wager only (minimum $5). Bonus issued as non-withdrawable bonus bets that expires in 14 days. Bonus bets will be issued within 72 hours of bet placement. See full terms at sportsbook.fanduel.com.
10x $100 Second Chance Bets
T&C Apply21+. New customers only. CO/IA/IL/IN/KS/MD/MI/ NJ/NY/OH/PA/VA/WV. Must make a qualifying deposit (min $10) and place first real-money wager bets (minimum $0.50). If the first 10 cash bets (first bet per day for 10 consecutive days) on a fixed odds market loses, you will receive Bonus Bet(s) in the amount of the losing wager(s), up to $100 each. Full T&C apply, see sign up page for more info.
Bet $5, Get $200
+ up to $150 in No Sweat BetsT&C Apply21+. AZ/CO/CT/IL/IN/IA/KS/LA/MD/MI/NJ/NY/OH/PA/ TN/VA/WV/WY only. Minimum $5 deposit, and minimum $5 qualifying wager. Bonus Bets will be awarded instantly upon bet settlement, along with any winning if applicable. Bonus bets will be paid as eight (8) $25 non-withdrawable Bonus Bets. One qualifying bet per customer. Full T&C apply, visit DraftKings Sportsbook for more details.
Bet $1, Get $365
21+ and present in CO/IA/NJ/OH/VA. First online real money wager only. $10 first deposit required within 30 days. Bonus issued as non-withdrawable bonus bets that expires in 90 days. Full T&C apply, visit sign up page for more info. #ad
Sportsbook Free Bet No Deposit Offers
One very interesting twist with this type of bonus offer is that they are often offered with little-to-no initial investment required on your part.
The no deposit free bet offered by some sportsbooks is an incredible value for first-time bettors. You can test drive the site with absolutely no risk. You can see how things work and what some betting terms mean in a real-life scenario.
The best part is that you’ll be able to keep your winnings in most offers. This can of course differ from site to site depending on turnover requirements, but oftentimes you’ll find sites have a simple 1x turnover requirement for bets of this type.
These offers are fairly rare because they're pure player value with less upside for the sportsbook, so they're offered a bit less frequently. There are many free bets offered for the NFL season, and other special occasions, but they tend not to run as frequently.
How do Bonus Bets Work?
Bonus bets can be offered in different ways depending on the site you’re using. There can be different requirements for unlocking your offers, as well as different ways in which your offer can be utilized.
Let’s dig into these two areas.
Bonus Bet Qualifying Requirements
While bonus bet no deposit offers are fantastic and offer you the best value, they are often not available. These types of offers have relatively little value to the sportsbook itself, outside of drawing in a new customer, and even then there’s no way of stopping the user from using the bet and then never coming back to the site.
To prevent this and make sure they get value in return, sportsbooks usually require you to make an initial qualifying deposit or wager. These can be as low as $5 or $10, but they guarantee that the sportsbook receives some ROI out of offering the bonus bet.
For example, to unlock Bet365’s bet credits offer, you must first make a qualifying deposit of at least $10.
Bonus bets that require you to make a qualifying deposit are very similar in structure to deposit bonuses, another popular sportsbook bonus.
How you can spend your bonus bets
Another element that can vary from offer to offer is how you can spend your bonus money.
Some sites offer you bonus bets in lump sums. This means that you can only spend your total bonus amount on one bet. While this is still nice to have, it is not the most flexible bonus, so it doesn’t offer the highest value.
The best bonus bet offers will allow you to divvy up your bonus amount however you like. So if your bonus bet bonus is for $10, you’ll be allowed to place 10 $1 wagers or 1 $10 wager (or anything in the middle of those two extremes, of course).
Also known as ‘Bet Credits,’ these offers are much more flexible for the user and make for the best bonus bet offers.
After signing up and depositing with Bet365, you'll be entitled to a very flexible bonus offer and eligible for a phenomenal suite of live betting features
Bet365 Bet Credits
Bet365 Bonus Bet
Bet $1, Get $365
Still slowly expanding in the US, Bet365 is one of the world’s most foremost betting sites. In fact, this British book is the most popular online sportsbook on Earth.
Their deep suite of features, like the country’s finest live betting experience, has made Bet365 the darling of smart sports bettors worldwide.
New users to Bet365 are eligible for up to $200 in bet credits after completing registration. Simply deposit at least $10 and place a bet of at least $1. After your bet is settled, Bet365 will reward you with $200 in bet credits.
After receiving your bonus, you can divvy up your bonus cash however you’d like. This kind of freedom and flexibility makes Bet365’s bonus one of the strongest on the market today.
Bonus Bet Offer Expiration
Nothing lasts forever. Unfortunately, that's also true for bonus bet offers. While the exact timeline can vary from site to site. No sportsbook's sign up bonus is eligible for use in perpetuity. For example, Bet365's bet credits must be used within 30 days of signing up as a new user.
As always, this restriction can differ greatly across sportsbooks, so make sure to double-check your terms and conditions before allowing your bonus bet opportunity to expire!
Bonus Bet Bet Type Restrictions
Bet365's bet credits are ineligible for use with their ongoing promotions, such as parlay bonuses
Sportsbooks usually place restrictions on what bet types bonus bets can be used with. Luckily, Barstool Sportsbook and Bet365 are both fairly liberal with their sign up offers and allow you to engage in multi-leg wagers. However, it is not unheard of for a sportsbook to restrict a bonus bet sign up offer to only straight bets, meaning no parlays are eligible.
As a general rule of thumb, sportsbook bonus bets are not eligible for casino wagers, cannot be used on pre-existing promotional wagers such as odds boosts and multipliers, and do not qualify for other bonuses.
For example, Bet365's bet credits can be used in parlay bets, however, any parlay wager placed using your bet credits will be ineligible for the sportsbook's various parlay bonuses offered to regular users.
Sportsbook New Customer Bonus Bets
WynnBET Bonus Bet
Bet $100 Get $5
DraftKings sportsbook Bonus Bet
Bet $5, Get $200
+ up to $150 in No Sweat Bets
+ up to $150 in No Sweat Bets
BetFred Sports Bonus Bet
Bet $50, Get Up to $1,111 in Fred Bets
Borgata Bonus Bet
Bet $20, Get $100
Sportsbook Only Available in NJ
Sportsbook Only Available in NJ
What to look for in Bonus Sports Bet Offers
Even with bonus bet offers, there might be some strings attached. It’s your responsibility to keep yourself informed of all of the different key features that could impact the potential value of your bonus bet.
Here are some things to look out for when signing up for a sportsbook with a bonus bet.
How to Qualify
With no deposit bonus bet offers, this will not be something you need to worry about. The bonus will simply be in your account after registration. Such is the case with Barstool Sportsbook’s current sign up bonus offer.
However, most bonus bets will require an initial wager or deposit. Sometimes bonus bets will function similarly to deposit bonuses, measuring your initial qualifying deposit and matching it up to a certain amount. Bet365’s current bonus structure works like this.
Turnover
If you don’t know, a sportsbook bonus’s turnover requirement (also known as a playthrough requirement) is the number of times you must bet your bonus amount in order for it to be converted into real cash.
For bonus bet offers you will often just have to wager your bonus once, however, some bonuses will require you to bet your bonus several times over before you can withdraw.
This detail is usually included prominently in the Terms and Conditions of your bonus offer, so read up!
Flexibility
This has been touched in a little bit already, but it’s worth bringing up again.
bonus bet bonuses have two basic structures: lumpsum bonuses and flexible bonuses.
The lumpsum structure requires you to place your entire bonus on one bet, without being able to spread your site credits across multiple wagers.
The more flexible structure allows you to spread your bonus bet money across multiple wagers. This way you won’t lose all of your bonus on one bet.
The lumpsum structure is more adherent to the definition of a ‘bonus bet,’ but the flexible structure allows the user much more freedom and safety in how they wish to spend their bonus.
Minimum Odds
For a bonus with a low turnover requirement, it would be very easy to place a bet with surefire odds (-500 or lower) and simply convert your bonus into cash.
To prevent this exploit, most sportsbooks attach a minimum odds requirement to their bonuses. This means that there are no loopholes for you to work around and steal some cash from the betting site without any risk on your end.
While this information is available in the Terms and Conditions of your bonus, the sportsbook will typically not even allow you to bet your bonus on an outcome that does not fit within these parameters. The option to use your bonus money will not be available, or they will not process the wager and you’ll get a message informing you why the bet couldn’t go through.
Other Sportsbook Bonuses
Bonus bets are very generous but being so generous has also made them less frequently offered by sportsbooks. So, other bonus offers have grown in popularity.
Sportsbook Deposit Bonus
Deposit bonuses are another common sportsbook bonus you’ll see offered.
Here, the sportsbook will evaluate how much you place into your initial deposit. From there, they will usually match that amount up to a certain extent.
More user-friendly than the risk free bet, but less generous than the free bet, deposit bonuses are offered by sites like DraftKings Sportsbook and BetRivers.
Sportsbook Deposit Bonuses
21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
Bet $5, Get $200
+ up to $150 in No Sweat BetsT&C Apply21+. AZ/CO/CT/IL/IN/IA/KS/LA/MD/MI/NJ/NY/OH/PA/ TN/VA/WV/WY only. Minimum $5 deposit, and minimum $5 qualifying wager. Bonus Bets will be awarded instantly upon bet settlement, along with any winning if applicable. Bonus bets will be paid as eight (8) $25 non-withdrawable Bonus Bets. One qualifying bet per customer. Full T&C apply, visit DraftKings Sportsbook for more details.
Bet $1, Get $365
21+ and present in CO/IA/NJ/OH/VA. First online real money wager only. $10 first deposit required within 30 days. Bonus issued as non-withdrawable bonus bets that expires in 90 days. Full T&C apply, visit sign up page for more info. #ad
Up to $1,000 in Matched Bets
Over Your First 5 Weeks
Promo Code: CLUTCH1000T&C Apply21+. New customers only. CO only. Must deposit and wager $10+ within 30 days to become eligible for the 100% Bet Match up to $200 in non-withdrawable bonus bets for five (5) consecutive weeks (maximum total of $1,000). Bet Matches will only be applied to the first qualifying wager of each week. Promotional weeks begin on Monday, and wagers must be straight bets (no promotional markets) with odds of -200 or greater. Qualifying wagers must settle within seven (7) days of the bet placement. Full T&C apply, visit ClutchBet for more details.
100% Deposit Match up to $250
T&C Apply21+. New customers located in AZ only (excludes Indian lands). Minimum $10 deposit. Bonus amount is equal to 100% of the deposit amount, not to exceed $250. Must wager deposit plus bonus amount (“Wagering Requirement”) in order to meet the wagering requirements for this Promotion. Bonus Money expires after 14 days of issuance. Full T&C apply, visit Desert Diamond Sportsbook for details.
100% Deposit Match up to $250
T&C ApplyCO/IA/NJ/OH only.
Sportsbook Bet Get Offers
WynnBET has offered new users a Bet Get offer oftentimes
Of course, once they get you in, sportsbooks want to ensure that you'll actually wager with them and are on the path to being a regular user of their platform. To accomplish this goal, some sign up bonuses are locked until you have actually wagered with the site. This is the case with Bet Get offers.
Bet Get offers reward you for betting a certain amount (usually $5 or $10) on the sportsbook by rewarding you with a larger amount in bonus bets after your wager is concluded. You get your bonus whether your bet is a stud or a dud.
Bet Get offers are commonly presented to existing customers around major sporting events, but a few are offering similar deals as a sign up bonus.
Bet $, Get $ Bets
21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
Bet $5, Get $200
+ up to $150 in No Sweat BetsT&C Apply21+. AZ/CO/CT/IL/IN/IA/KS/LA/MD/MI/NJ/NY/OH/PA/ TN/VA/WV/WY only. Minimum $5 deposit, and minimum $5 qualifying wager. Bonus Bets will be awarded instantly upon bet settlement, along with any winning if applicable. Bonus bets will be paid as eight (8) $25 non-withdrawable Bonus Bets. One qualifying bet per customer. Full T&C apply, visit DraftKings Sportsbook for more details.
Bet $1, Get $365
21+ and present in CO/IA/NJ/OH/VA. First online real money wager only. $10 first deposit required within 30 days. Bonus issued as non-withdrawable bonus bets that expires in 90 days. Full T&C apply, visit sign up page for more info. #ad
Bet $50, Get Up to $1,111 in Fred Bets
T&C Apply21+. New customers located in AZ/CO/IA/MD/OH/VA only. Bonus not available in PA. Minimum $50 deposit required. Eligible customers will receive $111 in Fred Bets, as three $37 Fred Bets, upon settlement of their first $50 cash bet AND 50% back on combined total net losses per week, up to $200 in Fred Bets per week, for five consecutive calendar weeks, beginning on the date of their first bet. Full T&C apply.
Bet $20, Get $100
Sportsbook Only Available in NJT&C Apply21+. New customers only in NJ. Qualifying deposit (min $20) required. First online real money wager required (min $20, odds -200 or greater). Bonus issued as non-withdrawable bonus bets that expires in 7 days. Full T&C apply, visit Borgata for more details.
Bet $100 Get $5
T&C Apply21+. New customers only. Welcome offer varies by state. New customers only. Must opt-in to the promotion and then make first deposit of $100+. Must place at least one qualifying wager of $100+ on any straight or parlay bet with odds of -120 or greater (-150 odd or greater in MA). Non-withdrawable Site Credits will be awarded when the qualifying wager settles as a win, loss, or push. Players in MA eligible to receive max $100 in Bet Credits. Players in NY eligible to receive max $5 in Bet Credits. Players in MI eligble to receive max $50 in Bet Credits and $50 in Casino Bonus. Full T&C apply, visit WynnBET for details.
Bet $10, Get $50
Not Available in OhioT&C Apply21+. New customers only. CO/MI/VA. Must place a qualifying wager of $10+ with minimum odds of -200 or greater after making a first time deposit. Five (5) $10 non-withdrawable Bet Credit Tokens will be awarded after the qualifying wager settles. Full T&C apply, visit SI Sportsbook for more details.
Sportsbook Odds Boosts
Sportsbooks often offer enhanced odds to users as a bonus to keep them coming back to the site. These odds boosts alter the given odds of an outcome in order to make a potential winning bet even more profitable!
Depending on the sportsbook, odds boost can be offered for straight bets, parlays, or both. FOX Bet regularly employs "super boosts" for straight bets, while BetMGM has extensive parlay boosters.
More often than not, these odds boosts are offered to existing customers and are not a part of or eligible to be combined with a sign up bonus. Occasionally, these odds boosts are offered in conjunction with a team or league with which the sportsbook has a partnership.
Sportsbooks with Odds Boosts
- Caesars Sportsbook - Most regular boosts
- FOX Bet - Daily super boosts
- PointsBet - Boosts for select games
- BetMGM - Regular parlay boosts
- DraftKings Sportsbook - A plethora of daily boosts
- FanDuel Sportsbook - Section of website dedicated solely to boosts
Sportsbook Odds Boosts Promotion
PointsBet No Juice NFL Lines - Get +100 Odds on Every NFL Game
Take advantage of PointsBet's No Juice NFL Lines and keep 100% of the profit from spread bets all September Read more
Betway Parlay Booster - Parlay Odds Boosts on Betway
With the Betway Parlay Booster, you are eligible for tons of odds boosts every day on parlays of 3-20 legs for the NHL & NBA Read more
FOX Bet Parlay Bonus - Parlay Boosts up to $10,000
With the FOX Bet Parlay Bonus, you are eligible for parlay rewards up to $10,000 on parlays of 4-18 legs Read more
All Online Sportsbook Bonuses
21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
![Caesars Sportsbook]()
Caesars Sportsbook
Up to $1,000 First Bet on Caesars
T&C Apply21+ only. New customers in AZ/CO/IL/IN/IA/KS/LA/MA/MD/MI/ NJ/NY/OH/PA/TN/VA/WV/WY only. $10 minimum deposit required (min $10). Must place first real money (min. $10) wager within 30 days. Qualifying wager must settle within 30 days of being placed. Qualifying wager returned as a single non-withdrawable bonus bet only if wager is settled as a loss. Maximum Bonus Bet $1,000. Bonus Bet expires 14 days after receipt. Full T&C apply, visit Caesars Sportsbook for more details.
![FanDuel Sportsbook]()
FanDuel Sportsbook
Bet $5, Get $200
T&C Apply21+ and present in AZ/CO/CT/IA/IL/IN/KS/LA /MA/MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY. Minimum $10 first deposit required. Promotion Bonus will be credited to your account within 72 hours settlement of Qualifying Wager. First online real money wager only (minimum $5). Bonus issued as non-withdrawable bonus bets that expires in 14 days. Bonus bets will be issued within 72 hours of bet placement. See full terms at sportsbook.fanduel.com.
![PointsBet]()
PointsBet
10x $100 Second Chance Bets
T&C Apply21+. New customers only. CO/IA/IL/IN/KS/MD/MI/ NJ/NY/OH/PA/VA/WV. Must make a qualifying deposit (min $10) and place first real-money wager bets (minimum $0.50). If the first 10 cash bets (first bet per day for 10 consecutive days) on a fixed odds market loses, you will receive Bonus Bet(s) in the amount of the losing wager(s), up to $100 each. Full T&C apply, see sign up page for more info.
![DraftKings Sportsbook]()
DraftKings Sportsbook
Bet $5, Get $200
+ up to $150 in No Sweat BetsT&C Apply21+. AZ/CO/CT/IL/IN/IA/KS/LA/MD/MI/NJ/NY/OH/PA/ TN/VA/WV/WY only. Minimum $5 deposit, and minimum $5 qualifying wager. Bonus Bets will be awarded instantly upon bet settlement, along with any winning if applicable. Bonus bets will be paid as eight (8) $25 non-withdrawable Bonus Bets. One qualifying bet per customer. Full T&C apply, visit DraftKings Sportsbook for more details.
![Bet365]()
Bet365
Bet $1, Get $365
21+ and present in CO/IA/NJ/OH/VA. First online real money wager only. $10 first deposit required within 30 days. Bonus issued as non-withdrawable bonus bets that expires in 90 days. Full T&C apply, visit sign up page for more info. #ad
![BetRivers]()
BetRivers
2nd Chance Bet up to $500
T&C Apply21+. New Customers Only. AZ/CO/IA/IL/IN/LA/MD/ MI/NJ/OH/PA/VA/WV Must make a qualifying deposit of $10+ with claim code SPORTS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500 ($250 in CO/NJ, $100 in NY/OH/AZ/WV/IA). Full T&C apply, see BetRivers for more details.
![BetMGM]()
BetMGM
Up to $1,500 Back in Bonus Bets
T&C Apply21+. AZ/CO/IL/IN/IA//LA/KY/MD/MA /MI/NJ/OH/PA/TN/VA/WV/WY only. Offer not available in NY or KS. New customers only. Qualifying deposit (min $10) and first real money wager required. If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,500. Full T&C can be found on BetMGM.
![Betfred Sports]()
Betfred Sports
Bet $50, Get Up to $1,111 in Fred Bets
T&C Apply21+. New customers located in AZ/CO/IA/MD/OH/VA only. Bonus not available in PA. Minimum $50 deposit required. Eligible customers will receive $111 in Fred Bets, as three $37 Fred Bets, upon settlement of their first $50 cash bet AND 50% back on combined total net losses per week, up to $200 in Fred Bets per week, for five consecutive calendar weeks, beginning on the date of their first bet. Full T&C apply.
![Betway]()
Betway
1st Bet Reset of up to $250
T&C Apply21+. New customers only. AZ/CO/IN/IA/NJ/PA/VA. Different offer available in OH. Must make a qualifying deposit of $10+. Must make qualifying cash wager at odds of -300 or greater. Qualifying Wager must settle within 7 days of opening a new Betway account. The amount of the settled losing bet will be credited back in the form of non-withdrawable bonus bets. Full T&C apply, visit Betway for more details.
![Unibet]()
Unibet
$500 Second Chance Bet
T&C Apply21+. New customers only. Welcome offers differ between states. Players must opt in to promotion when registering account, make a qualifying deposit (min $10), and place first real-money wager bet (min $10). If first qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets (max bonus amount limited to $100 in AZ/IN/VA, max bonus limited to $500 in PA). Bonus bets have a 3x playthrough requirement and must be wagered on events with odds of -300 or greater. Full T&Cs apply, see sign up page for more info.
![ClutchBet]()
ClutchBet
Up to $1,000 in Matched Bets
Over Your First 5 Weeks
Promo Code: CLUTCH1000T&C Apply21+. New customers only. CO only. Must deposit and wager $10+ within 30 days to become eligible for the 100% Bet Match up to $200 in non-withdrawable bonus bets for five (5) consecutive weeks (maximum total of $1,000). Bet Matches will only be applied to the first qualifying wager of each week. Promotional weeks begin on Monday, and wagers must be straight bets (no promotional markets) with odds of -200 or greater. Qualifying wagers must settle within seven (7) days of the bet placement. Full T&C apply, visit ClutchBet for more details.
![Borgata Online]()
Borgata Online
Bet $20, Get $100
Sportsbook Only Available in NJT&C Apply21+. New customers only in NJ. Qualifying deposit (min $20) required. First online real money wager required (min $20, odds -200 or greater). Bonus issued as non-withdrawable bonus bets that expires in 7 days. Full T&C apply, visit Borgata for more details.
