Choose your next online sportsbook bonus today from our list of top bonus betting sites. From great welcome offers to amazing loyalty rewards, competitive odds and quality customer service, we’ll reveal the highest-rated bonuses in the industry.
Read on to find the best online sportsbook promotions that work for you. We’ll also help you understand wagering requirements, cashout limits, and how to get the most from your bonus offers.
The Sports Geek’s Top Recommended Bonus Sites
Best Online Sportsbook Bonuses for 2023
If you’re looking for online sportsbook bonuses being offered right now, then you’re in the right place. We’ve narrowed it down to 11 top-rated bonus betting sites, so you can start using them right away. Let’s take a look!
- Bovada – Best Low Wagering Bonus
- BetOnine – Biggest Crypto Welcome Bonus
- BetUS – Best Sportsbook Welcome bonus
- MyBookie – Best VIP Bonus
- BetNow – Top Basketball Betting Deals
- Everygame – Low Minimum Odds
- Sportsbetting – Top NFL Betting Bonus
- Xbet – Best Sports Reload Deal
- BetAnySports – Low Juice On All Sports
- WagerWeb – Best Sports Cashback Offer
- GTbets – Best Second Deposit Deal For Existing Players
![Bovada – Best Low Wagering Bonus](webp/bvd-transparent.webp)
Players who want quick access to their bonus funds need a deal with low wagering requirements. Bovada has the perfect welcome offer in such cases. Get a 50% matched deposit up to $250 and turn over the initial deposit and bonus amount just five times before withdrawing. A wagering requirement of just five times is almost unheard of.
The deal requires a minimum $20 first deposit. You can wager on all sports, and there is a max bet of 50% of your deposit per wager. So, if you deposit $100, your max bet with the bonus funds per bet is $50. A $100 deposit earns you an extra $50 in bonus funds, so to withdraw your bonus winnings, you need to place $750 in bets.
BetOnline’s welcome offer is the best sportsbook bonus for those who want to play with crypto. Deposit with one of 16 different cryptocurrencies (including Bitcoin and Ethereum) and get 100% matched up to $1,000. Players also get a 30% crypto reload deal every time they make a future deposit.
The welcome offer requires the bonus code CRYPTO100 to trigger. The minimum deposit is $20 and there is a 14x rollover. Keep in mind that funds cannot be used on the racebook, online casino, poker or live betting sections of the site. Free Play credits expire in 30 days.
The best sportsbook welcome bonus is located at BetUS. Use the promo code JOIN125 when signing up and get 125% matched up to $3,125. There is a minimum deposit of $100 and the deal is split over the sportsbook and casino: 100% Sports Bonus up to $2,500 and 25% Casino Bonus up to $625. The sports bonus carries a 10x rollover requirement and you have seven days to play through.
This is the perfect deal for experienced sports bettors who have big funds to invest and know what they want to bet on immediately. Deposits over $100 also qualify for the BetUS Bet Protect deal, which gives players a risk-free wager worth 10% of each deposit they make. Players are advised to read the terms & conditions in detail!
Join MyBookie and become a VIP through the site’s exclusive loyalty program. MyBookie looks out for high rollers and loyal players with a ‘by invitation only’ VIP experience that covers the sportsbook and casino. Players get exclusive promotions including reduced juice, monthly cashback and dedicated support. Betting limits within the sportsbook are lifted and VIPs can place bets over the phone.
MyBookie also has a 50% sports welcome bonus up to $1,000 that carries a 10x wagering requirement. Simply use the MYB50 promo code to get started and, if you’re successful, you might be chosen to join the VIP club.
BetNow has two great basketball betting deals to keep fans happy throughout the year. The first is a Weekly NBA Contest that is free to play and gives away $10,000 a week during the regular season. Pick the straight-up winners from 14 NBA games with the tiebreaker. Get a point for each correct pick, and the player with the most points every Wednesday gets one of 20 prizes. There’s no rollover attached to the bonus funds.
Meanwhile, the best March Madness betting offer available online is found at BetNow. Enter for free and make predictions on NCAA games in the $1,000,000 Bracket Madness, and the top points scorer earns $350,000 without any turnover. As for the sportsbook, BetNow carries more than 50 lines on each NBA and NCAA game, so you can be sure to find a wager that suits you.
Bookmakers can sometimes set high minimum odds on bonus funds, which force players into riskier wagers. This isn’t the case with Everygame, which offers min. odds as low as -200 (1.5) on its welcome bonus funds. Trigger the 50% up to $200 welcome offer using the code WELCOME200 and bet on the sportsbook at odds of -200 or greater. It’s important to note MLB betting and betting on horses do not count towards rollover, which is set at 8x.
Everygame is also a specialized parlay site that offers extensive deals on multiples. Enter the draw to win one of 20 $50 free bets every week, if your four-fold parlay loses by one (min. odds +300). Meanwhile, the Everygame player with the highest net profit from a single parlay each month wins $1,000 with no rollover!
NFL betting fans need look no further than Sportsbetting.ag for the best football deals out there. Get a 100% live betting Free Play on your first live NFL bet, and enter into NFL accumulator deals every week of the season. Get a $25 bonus if a player returns a kick to the house in an NFL game you wager on, a refund on the spread if your bet is ruined by a double doink, and odds boosts on futures bets throughout the season.
College football betting lines are also covered extensively at Sportsbetting.ag. Players can get a matched deposit up to $1,000 using the promo code 23SNAP. There are also rebates from NCAA Football games if your side’s kicker misses three or more field goals and the team loses by three points or fewer.
Existing customers should be able to enjoy great bonus deals as much as new players. Which is why reload bonuses like the one at Xbet are so coveted in the sports betting community. Xbet’s sports reload bonus gives players 25% extra up to $250 every time they make a new deposit. The reload funds come with 5x rollover requirements, and there is a $100 minimum deposit amount needed to trigger the deal.
Use the promo code XB25 to redeem the offer and play in the sportsbook. Xbet also has a great 7% horse rebate deal for its racebook. There is also no rollover attached to the returned funds! You can also cash out early on live bets across a wide range of sports, including football, basketball and baseball.
Reduced juice is one of the big benefits all players, both new and existing, get from a sportsbook. BetAnySports.eu stands apart in providing low vig on loads of sports. The core discount is a 50% reduced juice on traditional -110 odds, to -105. The deal covers NFL, College Football, NBA, College Basketball, WNBA betting, MLB betting, and NHL betting.
It’s worth noting that reduced juice is applied to straight-up wagers and not parlays. There is a maximum $500 wager on low-juice odds. What’s more, players get a 25% cash bonus up to $500 on deposits. These can be used across the sportsbook, lottery, casino, racebook, live dealer, and live betting platforms.
Sportsbooks offering good cashback deals are rare and WagerWeb is a stand-out with this sports betting bonus. New players who trigger one of two welcome offers get 1% cash back every week as standard. Get either the 20% or 10% cash welcome offer (up to $1,000) and earn 1% cashback based on the total volume played as Free Play each week.
The welcome offers are designed for players on low budgets and carry small wagering requirements of 10x and 6x, respectively. There is no wagering requirement on your cashback funds, which drop into player accounts every Monday. For those who want bigger matched deposits, they can surrender the cash back and stomach higher wagering to get 50% or 30% matched.
![GTbets – Bonuses on Favorite Teams](png/gtbets-logo.png)
Bet on your favorite teams and earn an odds boost at GTbets. All players have to do is sign up and choose their top teams from NFL, College Football, NBA and College Basketball. The sportsbook will give you an extra 1/2 point free on regular season games for your chosen teams. That extra ½ point can be the difference between a win and a push of your bet.
The maximum bet on these improved lines are $3,000 for NCAA football and $5,000 for NFL. The deal applies solely to straight wagers, so there’s no possibility of adding them into a parlay. Players can also get an immediate boost when signing up to GTbets. Nail a 100% welcome bonus up to $500 and then a 50% second deposit bonus up to $250.
Comparing the Top Sportsbook Bonuses
Here is how the best bonus betting sites stack up with each other, looking at different types of bonuses.
Sportsbook | Bonus Type | Bonus | Rollover | Min Deposit | Claim Now |
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Bovada | Welcome Bonus | 50% matched deposit up to $250 | x5 | $20 | Visit Site |
BetOnline | Crypto Welcome Bonus | 100% matched up to $1000 | x14 | $20 | Visit Site |
BetUS | Matched deposit | 125% matched up to $3,125 | x10 | $100 | Visit Site |
MyBookie | VIP program | Earn VIP rewards including reduced juice and monthly cashback | n/a | $45 | Visit Site |
BetNow | NBA predictions game | Weekly NBA Contest and Bracket Madness | x0 | n/a | Visit Site |
Everygame | Low minimum odds | Wager bonus funds at odds as low as -200 | x8 | No minimum deposit | Visit Site |
Sportsbetting | Free Play | 100% live betting Free Play on NFL | x6 | $100 | Visit Site |
Xbet | Reload bonus | 25% extra up to $250 | x5 | $100 | Visit Site |
BetAnySports | Reduced juice | 50% reduced juice on football, basketball, baseball, and hockey | n/a | n/a | Visit Site |
WagerWeb | Cashback | 1% cashback each week | No rollover | $50 | Visit Site |
GTbets | Boosted odds | Extra ½ point free | n/a | n/a | Visit Site |
How We Select the Best Bonus Betting Sites
We never stop scouring the market for the latest online sportsbook bonuses. We base our recommendations on a few key criteria from an expert perspective. Here is how we identify the industry’s top-tier sports betting bonuses:
What Is a Sportsbook Bonus?
A sportsbook bonus is a reward given to bettors, either when they join a sportsbook or as a reward for their loyalty. Sportsbook bonuses are designed to boost a bettor’s wagering ability so they can place bigger bets, and chase higher profits. Types of sports betting bonuses include: matched funds on your first deposit, free bets, cashback, reload bonuses, and improved odds. Players can take advantage of online sportsbook bonuses to expand their bet options and trigger bigger wins. There are often wagering requirements attached to a sportsbook bonus and players are advised to read the T&Cs.
Common Types of Online Sportsbook Promotions
There are scores of online sportsbook promotions available to bettors, but you’re most likely to encounter the same handful of core offers. This includes lucrative welcome bonuses, loyalty programs and reload incentives. More and more sites are offering price boosts and better odds as a means of standing out from the crowd. All of this, of course, helps bettors! A betting site can offer as much money in bonus funds as it likes. Players can trigger thousands of dollars’ worth of bonuses, but need to be mindful of wagering requirements when they do so. Here are the common types of online sportsbook promotions available today:
Online Sportsbook Sign-Up Bonuses
Sportsbook welcome bonuses are common promotions in sports betting platforms. Often termed “sign-up bonuses”, they aim to entice new bettors to register. They incentive typically grants bonus funds, proportionate to your initial deposit, for placing bets. This extra credit can widen bet options. Users have a chance to explore different events and betting styles without using all their own money. However, always read the terms, as there will usually be conditions like rollover requirements before you can withdraw.
Sportsbook | Bonus | Rollover | Min Deposit | Claim Now |
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Bovada | 50% matched deposit up to $250 | x5 | $20 | Visit Site |
BetNow | 150% matched deposit up to $225 | x20 | $10 | Visit Site |
BetOnline | 50% matched deposit up to $1,000 | x10 | $55 | Visit Site |
Online Sportsbook Crypto Bonuses
Crypto bonuses at offshore sportsbooks work in the same way as traditional welcome bonuses. The only difference is you use crypto instead. Now, the best online sportsbook promotions usually involve crypto as payment methods are faster and easier. Therefore, players can often get a higher matched deposit when using Bitcoin, Ethereum, etc. compared to depositing with a credit card.
Sportsbook | Bonus | Rollover | Min Deposit | Claim Now |
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BetOnline | 100% matched deposit up to $1,000 | x14 | $20 | Visit Site |
Bovada | 75% matched deposit up to $750 | x5 | $10 | Visit Site |
Sportsbetting | 30% crypto reload bonus | x7 | $50 | Visit Site |
Online Sportsbook Reload Bonuses
A sportsbook reload bonus is designed to reward existing customers for deposit funds into their betting accounts. Unlike welcome bonuses, which target new sign-ups, reload bonuses cater to current players, encouraging sustained activity and loyalty. The bonus often works like a welcome offer, in that it provides a percentage of the deposited amount as additional funds. For instance, Sportsbetting.ag’s 25% reload bonus on a $100 deposit would grant an extra $25 for betting. Remember, wagering requirements are also usually attached to reload funds.
Sportsbook | Bonus | Rollover | Min Deposit | Claim Now |
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Xbet | 25% reload bonus up to $250 | x5 | $100 | Visit Site |
Sportsbetting | 25% reload bonus up to $250 | x6 | $100 | Visit Site |
MyBookie | 50% tiered sports reload up to $1,250 | X6 to x10 | $100 | Visit Site |
Sport-Specific Bonuses
Sports betting sites offer sports-specific bonuses to help players get a boost ahead of big games or tournaments. The best sites will have deals on major sports like the NFL, NBA and MLB, while also offering deals for more niche sports like soccer and horse racing. Sport-specific bonuses are ideal if you want to check out a new sport, or can’t decide which way to wager. Keep an eye out for special promos around major events, such as the Super Bowl, March Madness, US Open golf, Wimbledon, the FIFA World Cup, and the World Series.
Sportsbook | Sports Covered | Bonus | Rollover | Claim Now |
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Sportsbetting | NFL | 100% live betting Free Play on NFL | x6 | Visit Site |
Everygame | MLB | $5k baseball challenge | n/a | Visit Site |
BetNow | NBA | $10,000 weekly NBA contest | n/a | Visit Site |
Sportsbetting | Soccer | Penalty kick rebate | x6 | Visit Site |
Sportsbetting | NHL | Reduced juice on NHL | n/a | Visit Site |
Other Online Sports Betting Promotions
There are loads of other sports bonuses out there waiting to be picked up by new players. Here are some of the best we’ve found recently:
Bonus Type | Description | Rewards | Recommended Bonus | Claim Bonus |
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Odds Boosters | Improved odds on selected sports and lines | Better payouts | BetUS: Daily odds boosts tab | BetUS |
Loyalty Bonuses | Additional perks and big matched deposits for loyal players | Free bets, free cash, better odds, tournament access, priority withdrawals | Betanysport: 7th deposit on the house | BetAnySports |
Referral Bonuses | Rewarded for referring friends to the sportsbook | Bonus cash, free bets, prize draws | BetUS: 300% up to $6,000 | BetUS |
High Roller Bonuses | VIP treatment for players with big budgets | Free bets, tournament entry, better customer service, more payment options | MyBookie: Exclusive VIP Club by invitation only | MyBookie |
Free Bet/Free Play | Free wagers on sports events | Risk-free wager, bonus winnings, explore new sports | Everygame: Weekly 20 $50 free bets game | Everygame |
Competitions and Prize Draws | Enter into competitions to win big payouts | Bonus cash, risk free games | BetNow: $1m March madness predictions | BetNow |
Rebate | Get money back each week on your losses | Cash back, safety net for losses | Betanysport: 25% rebate every 30 days | BetAnySports |
How to Choose a Sportsbook Bonus
There is no limit to the number of sportsbook bonuses out there for new players, but finding the right one for you can be difficult. In order to maximize your enjoyment when betting on sports, and get the best deal, consider what you need from your bonus offer.
Ask yourself the following questions and use your answers to choose the best deal for you. Remember, there is no stopping you joining two or even more sportsbooks and taking advantage of more and more bonus offers!
Will It Work on the Types of Bets I Want to Place?
First, think about the type of bets you want to place. Some sportsbooks have restrictions on where you can apply your bonus funds. For example, virtual sports are usually excluded. There are also limits to how much you can bet on certain lines, particularly live bets. It might be the case that you only bet up to $100 on live odds, but $10,000 on outrights.
So, think about what you want to bet on. If you’re happy placing moneyline wagers on baseball or at NFL betting sites, then you’ll probably be safe with any welcome offer. But if you’re seeking to bet on virtuals, horse racing and live lines, then take a closer look at the T&Cs.
Can I Satisfy the Wagering Requirements?
Each welcome bonus comes with wagering requirements but they can vary wildly. Bovada, for example, offers wagering at 5x on its welcome offer, while BetUS is as high as 10x. Wagering requirements stipulate the amount of times you need to ‘turn over’ the bonus funds before you can withdraw them. For example, if you deposit $100 at Bovada to trigger a bonus $50, you’ll need to turn over $150 x 5 = $750 to get your hands on your money.
What Markets Do I Want to Bet On?
Some bonuses are tied to specific sports, events and markets. Therefore, it’s worth checking which restrictions are applied to each bonus before triggering them. For example, an NFL touchdown bonus at Sportsbetting.ag is naturally only applicable to NFL games, not CFL.
Other, more generic, online sports betting bonuses may only work on certain sports. For example, BetOnline offers Free Play deals on just 10 core sports, (football, basketball, baseball, hockey, soccer, tennis, golf, MMA, boxing, and NASCAR). Each sport has its own regulations, so any football, basketball, soccer, and tennis Free Plays can only be used on spreads and totals to max odds of +125.
Therefore, consider which markets you want to bet on. Is an MLB parlay deal going to work on negative moneyline odds, or do you need to wager on outcomes at higher odds? Weigh up the risk and reward for these bonuses and see if they’re worth your time.
Online Sportsbook Bonuses: Terms and Conditions
Reading the terms and conditions for sportsbook bonuses can make the difference between a successful or unsuccessful wagering experience. Sportsbooks have a lot of T&Cs, which cover everything from how you trigger a bonus to withdrawing your winnings. Sportsbook bonuses usually work by entering a promo code when making a deposit. However, there are plenty of other types of bonus out there and they almost all come with wagering requirements. Here is what players should look out for before they trigger any sportsbook bonus.
Activating the Bonus
Online sportsbooks will outline in their T&Cs what a player needs to do to activate a bonus. In most cases, such as at MyBookie, you’ll need to enter a promo code when signing up and making your first deposit to activate a welcome bonus. Promo codes are also used to trigger existing customer bonuses, although some offers automatically trigger as you wager or deposit.
Rollover Requirements
Rollover requirements are attached to most sportsbook bonuses. They act as a safeguard for betting sites to protect against money laundering. The idea is that players need to re-bet their bonus funds, their winnings, or sometimes both, a set number of times before they can withdraw. You can always see the rollover requirements for a sportsbook bonus in the T&Cs.
How Rollover Requirements Work
Rollover requirements work by applying a multiplier to either your bonus funds, your winnings, or a combination of both. A player needs to re-bet that figure a specific number of times before they can withdraw. For example, Xbet’s 50% welcome offer has 7x wagering on your deposit and bonus funds. If you deposit $50 and get an extra $25, then you’ll need to roll over $75 x 7 = $525 before you can withdraw.
BONUS | 1X ROLLOVER | 5X ROLLOVER | 10X ROLLOVER |
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50% Bonus | $50 | $250 | $1,000 |
100% Bonus | $100 | $500 | $2,000 |
200% Bonus | $200 | $1,000 | $4,000 |
Wagering Limits
Some sportsbook bonuses may carry wagering limits that are set out in the terms and conditions of the offer. These limits cap the size of wagers. Xbet, for example, has a $500 wager limit on bonus funds.
Minimum Odds
Many sports betting bonuses come with minimum odds stipulations. This prevents players who trigger a bonus from simply wagering on the heavy favorite in a tennis match. For example, at odds of -1000 and cashing in on the bonus funds. Everygame has the lowest minimum odds welcome deal at -200.
Time Expiration
Bonuses usually need to be used up or completed within a time limit. This is outlined in the T&Cs, but can sometimes be difficult to find. BetAnySports deals expire in 30 days.
Permitted Markets
Permitted markets are a common stipulation for existing customer bonuses, especially if they relate to loyalty points. This means players may have to make a particular type of wager to qualify. Everygame’s promo to win a trip to the Super Bowl, for example, requires players to wager on NFL straight lines.
Maximum Cashout Values
Winning big with the help of a sportsbook offer can feel great. But if you fail to spot the maximum cashout value in the T&Cs, then you’ll soon have that sinking feeling. Some sportsbooks outline a max cashout on any bonus funds, which may sound a little harsh. However, the max cashout rule serves as a lesson to players to read the terms and thoroughly understand how much you can win. MyBookie, for example, caps daily cashouts at $10,000.
How to Claim a Sports Betting Bonus
Claiming any sports betting bonus is achievable in just a few steps. Whether a promo code is required or not, here’s a general guide to securing your bonus:
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Use expert reviews such as those at The Sports Geek to pinpoint the betting platform and bonus offer tailored to your preferences. Think about what you expect from a bonus, how you’ll use it, and your sports betting strategy on the chosen platform.
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Before registering on a betting site, ensure you go through the T&Cs of your selected bonus. It’s crucial to understand the activation process, be familiar with the rollover requirements, and understand any withdrawal constraints. There’s no point signing up and activating a bonus that you can’t fully take advantage of. Remember to note down any bonus code necessary for subsequent stages.
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Click to become a member of your selected sportsbook and complete the registration procedure. Fill in your personal data, create a username, and set a password. This might be the time to input your bonus code, so make sure to have it ready.
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Most introductory bonuses correlate with a deposit. Add funds using card, e-wallet or crypto, ensuring the sum aligns with the bonus T&Cs. This includes depositing within the maximum and minimum limits. You might have to input your promo code during this step.
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Certain bonuses are automatically credited to your account post-deposit. Some might demand a waiting period, especially with crypto deposits. A few might necessitate reaching out to customer support for activation. The T&Cs should explain everything. If there’s a delay in your bonus arriving that exceeds 30 minutes, contact customer service to address the discrepancy.
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Once your bonus is in hand and you’re clear on the wagering stipulations, jump into the world of sports betting and take a look at your bet options. Remember that some sites won’t allow you to use your bonus funds on certain sports (such as virtuals).