All Active Welcome Bonuses
BetRivers NJ 2nd Chance Up To $250
BetMGM: Up To $1500 In Bonus Bets
BetMGM Bet $5 Get $150 in Bonus Bets
Unibet 2nd Chance Bet Up To $50
SuperBook $250 Every First Bet Wins Bonus Review
Caesars: $1000 First Bet On Us
betPARX: Bet $10 Get $125
Tipico Bet $25 Get $100 in Bonus Bets
Hard Rock Bet No Regret First Bet Up to $100
Golden Nugget Next Bet On Us Up To $250
Easiest Welcome Bonuses
betPARX: Bet $10 Get $125
Hard Rock Bet No Regret First Bet Up to $100
SuperBook $250 Every First Bet Wins Bonus Review
Tipico Bet $25 Get $100 in Bonus Bets
Unibet 2nd Chance Bet Up To $50
Expired Welcome Bonuses
DraftKings Bet $5 Get $200
BetMGM: Bet$5 Get $158 in Bonus Bets
Bet365 First Bet Safety Net
ESPN BET Make Any Bet Get $100
FanDuel Bet $5 Get $150
What is a Welcome Bonus?
Arguably the most common bonus for online sportsbooks is the humble Welcome Bonus. You can find them at basically all of the U.S. Sportsbooks and they are typically available to first-time bettors who sign up for a new account.
For example, in New Jersey, most online sportsbooks offer a Welcome Bonus typically in the form of a "Risk-Free Bet" or a “Deposit Bonus” as a welcome bonus.
How Welcome Bonuses Work
Welcome bonuses work as an incentive for new players to register and start betting. If a sportsbook offers a 100% deposit match up to $250, this means the $250 will give the bettor an additional $250, albeit in bonus funds, in their betting account. These bonuses typically have terms and conditions, like wagering requirements or minimum odds, which must be met before the bonus can be fully utilized or any winnings withdrawn.
Pros & Cons
Pros
- Increased Betting Capital: Deposit matches boost betting funds.
- Risk-Free Trials: Risk-free bets offer safe initial betting experiences.
- Exploration Opportunity: New users can explore various betting strategies.
Cons
- Wagering Requirements: Must bet a specific amount before withdrawing bonuses.
- Limited Time Use: Bonuses are valid for a short period post-sign-up.
- Odds Restrictions: Some bonuses apply only to bets with certain odds.