Bonus Bets

4 min read

All Bonus Bet Offers

Welcome Bonus

SuperBook Welcome Bonus: Up to $300 First Deposit Match

SuperBook Sportsbook
Easy
to obtain
21+ Terms and Conditions Apply
Welcome Bonus

BetPlays Sport Welcome Bonus: 200% up to $2,000

BetPlays Sportsbook
Hard
to obtain
21, Terms and Conditions Apply
Welcome Bonus

BetRivers 2nd Chance Bet Up To $100

BetRivers Big Logo
Easy
to obtain
11/30/2025
expire
21+. Offer available only to users in NY. T&Cs apply.
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SPORTS
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Welcome Bonus

Hard Rock Bet Bet $5 Get $150 in Bonus Bets Instantly

Hard Rock Bet Sportsbook
Easy
to obtain
12/31/2025
expire
21+ | T&C apply | Gambling Problem? Call <a href=tel:+18004262537>1-800-GAMBLER</a>
Welcome Bonus

Fanduel New Customer Offer: Up to $1,000 in Bonus Bets

FanDuel Sportsbook
Easy
to obtain
07/22/2025
expire
21, Terms and Conditions Apply
Welcome Bonus

Caesars Ontario: Get a $500 Bonus Bet If Your First Bet Loses

Caesars Sportsbook
Medium
to obtain
21, Terms and Conditions Apply
Welcome Bonus

BC Game 120% Bonus + 5 Free Bet In Sports

Logo for BC Game Sportsbook in Canada
Hard
to obtain
21, Terms and Conditions Apply
Welcome Bonus

BC Game 120% Bonus + 100 Free Spins In Casino

Logo for BC Game Sportsbook in Canada
Hard
to obtain
21, Terms and Conditions Apply
Free Bet

20Bet Weekly Forecast: Win Up to $35,000

20BET Sportsbook
Hard
to obtain
21, Terms and Conditions Apply
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Free Bet

20Bet Saturday Reload Up to $150

20BET Sportsbook
Hard
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21, Terms and Conditions Apply
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Biggest Bonus Bet Promotions

Welcome Bonus

Betway Free Bet Refund Up to $200 + 20 Free Spins

Betway Sportsbook
Easy
to obtain
21, Terms and Conditions Apply
Welcome Bonus

Betway Welcome Bonus: Up to $200 Bet Token + 20 Free Spins

Betway Sportsbook
Medium
to obtain
21, Terms and Conditions Apply
Welcome Bonus

BetPlays Sports Bonus up to 120%

BetPlays Sportsbook
Hard
to obtain
21, Terms and Conditions Apply
Parlay Bonus

888Sport $5 Free Bet NBA Bet Builder Bonus

888sport Sportsbook
Medium
to obtain
21, Terms and Conditions Apply
Bonus Bets

BetPlays Sports Vault: Weekly Prize Pool Based on Winning Bets

BetPlays Sportsbook
Hard
to obtain
21, Terms and Conditions Apply

Expired Bonus Bet Promotions

Welcome Bonus

DraftKings No Sweat First Bet Up to $1,000

Medium
to obtain
06/30/2023
expire
21, Terms and Conditions Apply
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Bonus Review
Welcome Bonus
21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.
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Welcome Bonus

ESPN BET Make Any Bet Get $100

Easy
to obtain
02/29/2024
expire
21, Terms and Conditions Apply
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Bonus Review
Parlay Bonus

Caesars Parlay The Tournament

Hard
to obtain
04/07/2024
expire
21, Terms and Conditions Apply
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Bonus Bets

ESPN BET 50 Point Special

Medium
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04/13/2024
expire
21, Terms and Conditions Apply
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Bonus Review

What Are Bonus Bets?

Bonus bets are incentives offered by online sportsbooks, particularly in regions like the US and Canada, to attract and retain bettors. They often come in the form of welcome bonuses for new users or rewards for existing customers. For example, sportsbooks in New Jersey like DraftKings may offer a "Bet $5, Win $200" bonus, where new users receive free bets worth $200 after placing an initial $5 bet. Similarly, FanDuel might provide a risk-free bet up to $1,000, refunding the stake if the first bet loses.

How Bonus Bets Work

The mechanics of bonus bets vary between sportsbooks but typically involve certain conditions. Using New Jersey sportsbooks as examples: a common condition is the wagering requirement. For instance, BetMGM might offer a $500 risk-free bet, but the bonus amount might need to be bet multiple times before any winnings can be withdrawn. There can also be restrictions on the type of bets or odds you must place to qualify for the bonus.

Pros & Cons

Pros

  • Boosted Bankroll: Bonus bets increase betting capacity.
  • Risk Reduction: Bonus bets minimize initial wagering financial risk.
  • Exploration: Bettors can explore diverse markets and strategies.

Cons

  • Wagering Rules: Bonus bets often have strict rollover requirements.
  • Time Constraints: Bonuses expire, urging quick usage.
  • Bet Restrictions: Some bets may not meet bonus conditions.
  • Problem Gambling: Using any types of bonuses can increase the risk of problem gambling for some bettors.

Bonus Bets FAQs

General Questions

Are Bonus Bets only for new customers?

No, bonus bets can be offered to any registered user, but they can also be part of welcome bonuses that are typically designed to attract new users to a sportsbook.

Understanding Bonus Terms

What does 'wagering requirement' mean in bonus bets?

It's the amount of money you must bet before withdrawing any winnings from the bonus.

Utilizing Bonus Bets

Can I withdraw my bonus bet winnings immediately?

No, usually you must meet certain conditions like wagering requirements first.

Bonus Limitations

Are there limits to the types of bets I can place with a bonus?

Yes, some bonuses have restrictions on bet types or minimum odds.

Bonus Expiry

Do welcome bonuses expire?

Yes, most bonuses have an expiration date, typically ranging from 7 to 30 days after activation.

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