Sports betting attracts an array of players from serious betters to players that are interested in seeing what sports betting is all about for the first time. One major marketing tool online sportsbooks use to attract both experienced and inexperienced sports bettors are bonuses.
Often times, the time of year dictates the bonuses available. For example, during American football season you may see a different bonus at the beginning of the season, the start of the playoffs, and/or prior to the Super Bowl.
But if one thing is for certain, it is that online sportsbooks offer bonuses year-round. The question becomes, what sportsbook offers the best bonuses? Below we’ll discuss the some of the better online sportsbook bonuses available in the United States as well as general terms and conditions to consider, such as rollover requirements.
Throughout this article you’ll gain a better understanding of what rollover requirements are by the use of a few examples, however, to learn more about what rollovers are and how they work, refer to our page on rollover requirements here.
5Dimes is one of the first online sportsbooks having been in business since 1999. Although they have been around a long time, you will definitely notice their outdated interface and website. If you are able to look past the aesthetic, you’ll find out that the site is one of the better online sportsbooks available.
5Dimes offers a 50% new player bonus. If you are new to the site and deposit $100 to $400 you will receive a 50% free play reward, up to a total of $200. If your deposit exceeds $400 and is up to $2,000 you qualify for 5Dimes’ extra 20% free play reward. For example, if you deposit $100 your free play will total $50. However, if you deposit $2,000 your 50% free play will be $200 (the max) and the 20% reward will be an additional $320, for a total of $520.
While the new player bonus sounds good, and it is, there is a 10x rollover requirement that is required prior to you being able to cash out. In other words, if you deposit $100, receive an additional $50 from the new player bonus, you will have to wager $150 x 10 or $1,500 to satisfy 5Dimes’ rollover requirement.
5Dimes also offers two cash back reward options: up to 20% cash back reward, and 10% EXTRA cash reward.
With the first, 5Dimes uses the following formula to calculate your cash back reward: new deposits for the period – redemptions for the period – current & pending balance – accumulated winnings from previous periods X rebate percentage = cash back award. You can choose to accept a 5%, 10%, 15%, and 20% percentage.
To redeem the EXTRA 10%, you will need to make a reload deposit within 24-hours of your previous cash back reward and you will receive an EXTRA 10% cash reward immediately with no rollover requirements.
5Dimes provides you with several options to withdrawal your account balance. Including credit card deposits, person to person money transfers, cashier’s check, money order, DCFA, CCFA, Bitcoin, bank wire, and sportsbook and account transfers. With the exception of person to person money transfer and money order, 5Dimes states that all the other withdrawal methods have no fees.
BetNow is a site based out of Curacao and has achieved a good reputation since it first opened in 2016. Due to it being new relative to other online sportsbooks there hasn’t been much feedback given. However, their site is rather simple to navigate and it seems as though they have a lot to choose from in terms of gaming and sports betting.
BetNow typically offers a 50% welcome bonus for anyone who signs up to place bets via their sportsbook. Again, for example, if you deposit $100 you will receive an additional $50 which is 50% off your deposit to make your total balance $150. The max you can deposit to claim the 50% bonus is $1,000.
In order to request and receive a payout, you must complete a rollover requirement. Rollover for BetNow’s sportsbook is 10x. Using the above example $150 x 10 equates to a total rollover of $1,500. Meaning, you must wager a minimum of $1,500 on BetNow’s sportsbook in order to request and receive payment.
To withdrawal, you can request a check, e-check, MoneyGram, Western Union or withdrawal via Bitcoin. BetNow offers a $5,000 withdrawal max for Bitcoin, which is the highest known max of its kind.
A 50% welcome bonus with a 10x rollover requirement is pretty good, but it is not the absolute best either. It is safe to say you can most likely find other sportsbook bonuses that have better terms and conditions and rollover requirements.
BetOnline is one of the oldest online sportsbooks and is among the best available. The site has also transformed into an online casino as well, but it is best known for its sports betting. BetOnline has done an excellent job avoiding any major controversy and is highly recommended.
The sportsbook has three types of deposit bonuses, including a 50% welcome bonus, which has a 10x rollover requirement and a max of $2,500 deposit, and a 25% lifetime bonus guarantee.
With the lifetime guarantee deposit bonus, you will need to make a minimum deposit of $50 (max of $1,000) and use BetOnline’s promo code to apply the bonus. Each time you deposit you will receive 25% in free play for the sportsbook only, which has a 6x rollover requirement. You cannot withdrawal prior to 30 days after the bonus is awarded, and you cannot have any existing free plays in your account prior to claiming new free plays.
The third deposit bonus is a 100% Bitcoin bonus, which is only eligible for your first Bitcoin deposit. The minimum deposit is $20 (max $1,000) and there is a 14x rollover requirement. Same terms apply you cannot withdrawal prior to 30 days after the bonus is awarded, and you cannot have any existing free plays in your account prior to claiming new free plays.
Additionally, BetOnline offers a referral bonus for its sportsbook. You can earn 200% up to $200 for every new customer you refer to BetOnline using your referral link. Your referee must deposit at least $25 and rolls their deposit over one time or holds their initial deposits for at least 30 days.
There is no shortage of options for withdrawals on BetOnline. You can choose from Bitcoin, Ethereum, Litecoin, person to person money transfer, money orders, Skrill, Neteller, bank wire, and cashier’s check. Each option is subject to their own time constraints and fees.
Although their URL displays .eu Bookmaker is a Costa Rican based online casino and sportsbook that has been around since 1985. It is part of the BetCRIS company umbrella, which is a very well-respected name in the gaming industry. Needless to say, you shouldn’t be hesitant gaming or sports betting on Bookmaker.
Much like its competitors, Bookmaker offers a 50% sportsbook welcome bonus for its players. However, one key difference that makes their bonus more attractive pertains to their terms and conditions.
Once more, using the simple example of a $100 deposit with a 50% bonus your total balance equates to $150. The max allowed is up to $300. However, Bookmaker markets this bonus in conjunction with their casino and you could receive both a 50% welcome bonus for sports betting and another 50% welcome bonus for casino betting. Separate terms and conditions apply.
The difference with Bookmaker’s sports bonus is they only require a 7x rollover requirement. When you multiple 7x by the balance ($150) you get $1,050. Thus, you must only wager $1,050 to fulfill the requirements of Bookmaker’s sportsbook bonus. This is nearly $500 less than most competitors who require a 10x rollover.
Another great bonus option is their 25% cash reload bonus, which is valid for only Bitcoin and/or other cryptocurrencies. For this particular bonus Bookmaker will match 25% of your deposit (up to $1,000 with a minimum of $100) only if you deposit funds via cryptocurrency. Before any withdrawals can be made you must meet the 8x rollover requirement (deposit amount + bonus).
Bovada offers at 50% welcome bonus, which is redeemable by simply making a deposit of up to $250, and you will instantly receive 50% of your deposit in your account. The welcome bonus is only available for your very first deposit and carries a rollover requirement of 5x. Bovada’s welcome bonus is competitive with other sportsbooks and is considered among one of the best available.
They also offer a referral bonus. To take advantage of Bovada’s referral bonus, all you have to do is send your referral link (accessible upon creating your account) and you will receive 200% of your referee’s first deposit, up to $100. There is no limitation on the number of referral bonuses you can claim, however, like the welcome bonus the rollover requirement is 5x for sports.
Unless otherwise stated in the bonus terms, no deposit bonuses under $100 will have a maximum cashout amount of $125, and no deposit bonuses over $100 will have a max cashout equal to 1x the bonus. The two most popular withdrawal options that Bovada offers is withdrawal via Bitcoin and check by courier.
Bovada covers the fee for your first non-Bitcoin withdrawal every 90 days. A $100 USD processing fee will be charged for each additional withdrawal within the same time period. There may also be an additional fee for some premium withdrawal methods.
Based out of Costa Rica, Heritage is a well-known online sportsbook and another viable option if you are looking for a reliable site that offers sports betting. They are mostly known for their superior customer service and professionalism.
Their 50% welcome bonus is redeemable up to $250 for deposits of $300 or more, and a 12x rollover applies. The 12x rollover is somewhat middle of the road in comparison to other online sportsbooks out there, but there are certainly many others that are up to 15x-18x.
Additionally, Heritage offers a sports cash back option, which is grouped in following tiers:
– 500+ bets: 0.8% cash back each quarter.
– 150-499 bets: 0.6% cash back each quarter.
– 0-149 bets: 0.4% cash back each quarter.
While the percentages are small, this feature has no rollover requirements and is awarded each quarter, with the first awarded beginning on January 1st of each year. Parlays on a spread and/or total have the following terms:
– 4 or 5 parlay teams: 2x cash back
– 6 or 7 parlay teams: 2.5x cash back
– 8 or 9 parlay teams: 3x cash back
– 10 or 11 parlay teams: 3.5x cash back
– 12 or 13 parlay teams: 4x cash back
– 14 or more parlay teams: 4.5x cash back
Each time you accumulate $25 cash back on your account, you are eligible to redeem it, and there is a $10,000 maximum per quarter. Your cash back is based on your risk amount for all straight wagers on NFL, NCAAF, NBA and NCAAB full game sides and totals, and full game MLB totals on pre-game bets. All other bets in all other sports are half value.
Other sportsbook bonuses on Heritage include 10% cash bonus on reloads over $100, (up to $500) which requires a 5x rollover. As well as, a 4% cash back racebook rebate on horse volume, which is paid the first of each month. There is a 4x rollover required and a maximum of $2,000.
Lastly, Heritage offers a free parlay, up to $500, on your birthday each year. However, to redeem this offer you have to meet a few requirements.
– Your account must be active, with at least 10 bets a week for a minimum of 8 weeks, with a total volume of $4,000.
– All winnings are subject to Heritage’s normal terms and rollover requirements.
– The calculated amount of the free parlay is up to half of your account’s average wager with a maximum of $500.
There are plenty of withdrawal options including Bitcoin, alternative cryptocurrencies, person to person money transfer, cashier’s check, bank wire, and credit and prepaid cards. All but the check and bank wire options have an almost immediate clearance time (within hours) and Heritage has low fees, if at all, across all their options.
Despite an average to below average rollover requirement Heritage is competitive with other sportsbooks with their bonuses and promotions. If you intended to bet frequently then it is recommended you take advantage of Heritage and their sportsbook bonuses.
Intertops is widely accepted as the first online sportsbook. They accepted their first online sports wager in 1996. Prior to that, they were a brick and mortar book, but they have built a reputable online site that is highly recommended. The interface is among one of the best with everything presented a clear manner and it is easy to navigate.
Intertops structures their welcome bonuses as such:
– 200% up to $50: The bonus and deposit have a 8x rollover requirement and a max of $50 of each bet counts towards the rollover.
– 100% up to $100: The bonus and deposit have a 6x rollover requirement and a max of $100 of each bet counts towards the rollover.
– 50% up to $200: The bonus and deposit have a 4x rollover requirement and a max of $200 of each bet counts towards the rollover.
– 100% up to $1,000 (Bitcoin only): Valid for first Bitcoin deposits only. The bonus and deposit have an 8x rollover requirement and a max of $1000 of each bet counts towards the rollover.
They also offer a $20 sign up free bet. New customers, whose first wager is valued at least $20, can redeem a free bet valued at $20 and must be wagered within 30 days. The rollover requirement is 16x.
Furthermore, Intertops offers a referral bonus that enables you to earn up to 50% of your referee’s deposit. The referral bonus is to the value of 10% of your referee’s first deposit, or 50% of every fifth referee’s first deposit. The maximum bonus for every new referral is $20, and the maximum for every fifth referral is $50. There is no max to the number of referral bonuses you can accumulate.
Payout options at Intertops include check, bank wire, credit card, debit card, Neteller, Skrill, Bitcoin, and ecoPayz. Fees apply to checks, bank wires, and card payments.
Youwager has seen its fair share of ups and downs over the years in terms of reputation and complaints stemming from their payout and deposit protocols. However, having been operating since the 1990s it is still regarded as one of the better options for online sportsbooks.
Youwager offers two different welcome bonuses for first-time users making a deposit. The first is a 100% free play for any deposit between $100 and $500. In other words, if you deposit $100, you will receive an additional $100 in free play. With that said, you will have to meet a 15x rollover requirement and cannot withdrawal until 30 days have passed.
For deposits between $501 and $2,000, Youwager offers a 30% free play deposit bonus. This carries a 4.5x rollover and requires a waiting period of 30 days prior to any withdrawals.
There are also two options for reload sportsbook bonuses. For every deposit under $500, Youwager provides a 15% reload bonus. And for every deposit over $500, you will receive a 20% reload bonus. Both are subject to a 4.5x rollover and 30-day waiting period prior to any withdrawals.
Also, these free plays can only be wagered on straight bets only, and money lines up to +190. You cannot have any payouts in the last 7 days when requesting a bonus on your deposit.
In addition to the first deposit and reload bonuses, Youwager offers a new loss bonus on their sportsbook, including horse racing, and there is no rollover requirement.
For a 15% net rebate, you will need to make a deposit of $500 or more while playing at Youwager and have at least 10 weeks of action during the cash back period. And for a 20% rebate, you will need to make a deposit of $1,000 or more while playing at Youwager and have at least 10 weeks of action during the cash back period.
And lastly, much like some of their competitors, Youwager has a referral bonus program that applies to their sportsbook. You can get a 20% free play based on your referee’s initial deposit (max of $200), and only the initial deposit will be considered. You must also claim the bonus within 3 months (including a 30-day waiting period), and complete a 4.5x rollover requirement before cashing out.
Otherwise, Youwager is known for offering seasonal sportsbook bonuses, most notably around the NFL season and NCAA March Madness tournament.
One difference between Youwager and other popular online sportsbooks pertains to their payout rules. You must make a least one bet each of the 4 weeks leading up to your withdrawal request to receive a payout with no fee every 30 days. Most other sportsbooks do not have this requirement. Payouts are available via bank wire, check, MoneyGram, Western Union, and Bitcoin. All Bitcoin payments are free on Youwager.
It is clear and evident that most sportsbooks offer the same type of bonuses, but the main differences lie within the terms and conditions, most notably with the rollover requirements. It is usually best that you do not simply choose the sportsbook that offers the largest bonus amount, as more often than not, the rollover requirement will be more and/or operators are attempting to entice you to sign up knowing that they will likely never have to pay out the bonuses.
By reviewing the information outlined here you should have a better understanding of what sportsbooks are willing to offer in terms of bonus amounts, what sportsbooks offer what, and how you can redeem bonuses on each site. Be advised that sportsbooks reserve the right to update or change their bonuses and it is best that you refer to the most current terms and conditions pages prior to claiming any bonuses.