Best Online Sportsbook Bonus

Best Sports Betting Sites for Bonuses and Rewards One of the core differences between online and offline sportsbooks are the bonuses and rewards. You can get hundreds of dollars in free bets, deposit bonuses, rebates, and VIP programs simply by choosing to bet online. Sportsbook: Bonus Details: Get Bonus: Bovada: 50% bonus up to $250 – This bonus has a very reasonable 5x rollover with few restrictions, and is offered by one of the best overall sportsbooks, making it our top pick.: Visit Site. SportsBetting.ag: 50% match bonus up to $1,000 – This bonus.

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Sports betting bonuses are the best way to make the most of your wagers. They help turn even the smallest bets into sizeable payouts, and extra money goes a long way when you’re managing your bankroll.

Online sportsbooks are becoming increasingly competitive, and they’re ramping up their promotions to attract new sports bettors. You should keep an eye out for all types of bonuses, even if this is your first-time wagering.

Keep reading to learn more about the best sports betting bonuses in 2021.

Bonus Offers You Should Look For

Sportsbook bonus offers can differ on each betting site, but there are a few household examples you can find at almost any major provider.

Some of the best sports betting bonuses include:

• Sign up bonuses
• Deposit matching
• Risk-free bets
• No deposit bonuses
• Free bets
• Parlay insurance
• Boosted odds
• Reload bonuses

Let’s explore each of these bonuses in detail and highlight some of the best examples from different sportsbooks.

The Different Types of Sports Betting Bonuses and How They Work

There are many bonuses available at multiple different bookmakers. The terms and conditions vary depending on who you’re betting with, but they’re all structured in similar ways, so don’t get caught up in the fine print.

Best Sports Betting Sign Up Offers

Welcome offers are usually the best sportsbook bonus offers, but you can only use them once. They’re more valuable than most ongoing offers, and they’re designed specifically to attract new players.

Here are the best sports betting sign up bonuses:

You should opt-in to a welcome offer if you’re looking to sign up with a platform like DraftKings, FanDuel, or PointsBet.

Now, you might be wondering, “What’s a deposit bonus? What’s a risk-free bet?”

We’re about to get into all that and more!

Deposit Match

A deposit match bonus is typically offered for signing up with a sportsbook. This promotion will match a certain portion of your initial deposit and reward you with an equal amount in bonus funds.

Deposit Match Bonus Pros:

• Opportunity to double your funds
• You can use the bonus funds on many different wagers

Deposit Match Bonus Cons:

• Usually has a playthrough requirement – bet a certain amount to collect a bonus dollar

Best Deposit Match Bonus Offer: DraftKings

DraftKings will match 20% of your first deposit up to $1000. If your first deposit on DraftKings is $500, you qualify for a bonus credit of up to $100.

You can collect the bonus money by placing more bets with DraftKings. You receive $1 in bonus money for every $25 you wager until you reach the total amount.

This is a strong bonus offer, and you should take advantage of it if you see it at any sportsbook.

Risk-Free Bets

A risk-free bet will cover your wager if you happen to lose. You can find risk-free bet bonuses on sign up or as ongoing promotions.

Risk-Free Bet Pros:

• Receive bonus funds if your first bet with a sportsbook is unsuccessful
• Like the name suggests, there’s no risk

Risk-Free Bet Cons:

• No bonus if your first bet is a winner

Check out our full guide to risk-free bets if you’d like to know more.

Best Risk-Free Bet Offer: FanDuel

Say you sign up with FanDuel and opt-in to their welcome offer. If you make a $500 bet on the Super Bowl and you lose, FanDuel will return your $500 wager in the form of site credit.

The FanDuel welcome offer will cover you up to $1,000 in the event your first deposit loses. Hard to argue with that deal.

No Deposit Bonuses

Some say nothing in life is free, but no deposit bonuses would beg to differ. A no deposit bonus is a free bet that’s usually offered for signing up with a sportsbook.

Just sign up, place your no deposit bonus, and you keep all the winnings subject to terms and conditions.

No Deposit Bonus Pros:

• As the name suggests, no deposit required to earn the bonus
• Keep any winnings you made with the bonus

No Deposit Bonus Cons:

• Hard to find

No deposit bonuses are harder to find than risk-free bets, but you should be jumping for joy if you come across one.

We also have a guide to no deposit bonuses. You can find all the details right here.

Free Bets

Free bets are self-explanatory. Sports betting sites offer a small portion of funds, usually delivered in the form of site credit, that you can use to place bets.

Free Bet Pros:

• Use free bonus funds to place bets
• Site credit is easy to use

Free Bet Cons:

• Smaller amount than a no deposit bonus

You can find free bets as sign up offers or as ongoing promotions. They’re similar to no deposit bonuses but usually smaller in total value.

Best Free Bet Offer: BetMGM

BetMGM has a great free bet promotion. They call it the Monday Money Club, which rewards you with a $10 free bet bonus amount every week.

All you have to do is opt-in to the promotion, spend $50 over the course of a week on BetMGM, and you get $10 in site credit.

Parlay Insurance

Parlay insurance is an excellent bonus if you like making multi-tiered sports bets. It gives you a small refund if you lose your parlay by just one leg.

Parlay Insurance Pros:

• The ability to make a high risk, high reward bet with more confidence
• Flexible betting options

Parlay Insurance Cons:

• Only one leg of the parlay is covered

Best Parlay Insurance Offer: FanDuel

FanDuel has a couple of great parlay insurance promotions.

The multi-sport parlay insurance promotion asks you to build a 5-leg parlay with games from any eligible sport. The same game bonus asks for a 3-leg parlay, but with games from the same sport.

No matter which insurance you choose, your wager is covered up to $25 in the event you lose by just one leg.

It’s a rough feeling when you miss a big payout, but it’s not as bad when you have parlay insurance. See our comprehensive breakdown for more information.

Boosted Odds

If you’re the type of shopper who just can’t resist a good deal, then boosted odds are right up your alley.

Sportsbooks temporarily offer increased betting lines on certain outcomes. This is referred to as an odds boost, boosted odds, or a bet boost.

Boosted odds increase your potential payout, and they’re offered on a variety of different bets, including:

• Totals and over/under
• Point spread
• Moneyline
• Specific prop bets on a team or player

Boosted odds are designed to entice bettors into wagering on games or propositions they otherwise might not interact with.

Boosted Odds Pros:

• Increased payouts
• Multiple wagers available

Best Online Betting Sites Bonus

Boosted Odds Cons:

• Only available for a limited time

Odds boosts can change daily, so it’s best to check with your preferred sportsbook to see what they have going. Learn more about boosted odds with our comprehensive guide.

Best Odds Boost Offer: FOX Bet

FOX Bet is a great place to start if you’re looking for good bet boosts. They have a “super boost” with even better odds available every Saturday, which is great for wagering on big weekend games.

Reload Bonus

We mentioned that online sports betting sites are doing everything they can to attract new customers. It turns out they’re even more motivated to keep you around long after you’ve placed your first bet.

Reload Bonus Pros

• Free additional bonus funds
• A great reward for being a loyal customer

Reload Bonus Cons:

• Hard to find

Reload bonuses reward loyal customers for making frequent deposits. Your first deposit with a sportsbook might come with a 100% bonus, and subsequent reload bonuses might offer up to 25% in bonus amounts for adding more to your virtual wallet.

Reload bonuses can be hard to find, but you’ve got nothing to lose if you happen to see one.

Other Terms and Conditions

There’s a few key terms and conditions you should be aware of when it comes to the biggest sports betting bonuses.

Rollover Requirement: The minimum wager amount, or the number of bets you must place before withdrawing a bonus. Also known as a wagering requirement or playthrough requirement.

Odds Requirements: Some bonuses can only be used on betting lines above or below specific odds.

Free Play Bonus: A credit that can be used on a specific sportsbook, as opposed to a cash value.

Cash Bonus: A real money bonus that can be withdrawn from your account. These might be subject to a rollover requirement.

Time Limit: Some bonuses expire after a certain amount of time has elapsed.

Want to Know More? We Have All the Answers

Whether you’re betting on the NFL, NBA, or any other major professional sports, SportsBettingDime.com has you covered!

Visit our Bonus Section to see all the best sports betting bonuses available on the market.

The biggest day in US sports betting has arrived. The Super Bowl one of the most popular sports betting events worldwide. Before you rush to the nearest sportsbook to place your own wagers, take a look at our round-up of the very best Super Bowl betting bonuses.

Top Super Bowl Bonuses at Legal Sports Betting Apps 2021

FanDuel Sportsbook

Available in: PA, NJ, IL, IN, IA, CO, VA, TN, MI, WV

FanDuel, one of the country’s top sportsbooks is offering one of the best bonuses for new users looking for action on the Super Bowl. If you were on the fence about joining FanDuel and are located in one of the permitted states, take full advantage of this bonus.

Get 55/1 Odds When You Place Your First Bet On The Big Game

This bonus is the definition of low risk and high reward. Suitable for any experience level, you don’t want to pass this one up. FanDuel is essentially boosting your moneyline bet to +5500. There are, of course, some important details to note.

Terms and Conditions

• Maximum bet of $5
• Available in-app only.
• Bettors must make at least $10 in separate wagers to qualify for this offer.

BetMGM

Best Online Sportsbook Bonuses

Available in: CO, IN, IA, MI, NV, NJ, PA, TN, WV, VA

BetMGM claims to be the “king” of sportsbooks. With the $600 risk-free bet promo they are offering to new users, they might convince you. While this is not directly associated with the Super Bowl, it provides new users to bet on the game risk-free.

Risk-Free First Bet Up To $600

It’s important to note that using this bonus doesn’t give you $600 instantly but instead releases your bonus in increments. There is no bonus code but there are required steps.

1. Sign up as a new user and deposit.
2. Place your first wager.
3. If the bet does lose, your free bets will be available once the wager is settled!

Terms and Conditions

• Once you claim this bonus, no other “New User” bonus can be claimed.
• Initial deposit must be minimum $10.
• No Cash-outs.

William Hill

Available in: NJ, WV, CO, IL, IN, MI, VA

This UK based sportsbook is one of the oldest and most popular sportsbooks in the US. Though lacking a lot of variety, they do offer a decent bonus for new users looking to bet on the Super Bowl.

Risk-Free Bet Up To $2,021

This Bonus is very similar to BetMGM’s risk-free bet, but it differs in a few ways. The main difference is that it requires you to use code ”TODAYRF’ to participate when signing up.

Terms and Conditions

• Must be used within 7 days of claiming.
• Only your first sports wager after registration qualifies for this promotion.
• The participant will earn a one-time Free Bet token equal to the lesser of: 1) The full value of the Qualifying Wager or 2) $2,021.
• Risk-Free bet of $2,021 is available in VA, MI, IN, and CO. In NJ, WV, IL it’s up to $500.

BetRivers

Available in: NJ (as SugarHouse Sportsbook), PA, IL, IN, CO, IA, MI

Though only available in minimal states, this sportsbook has one of the best bonuses available.

$55 In Free Bets

In celebration of the 55th Super Bowl, betRivers is offering bettors a chance at $55 in free bets. Place $55 worth of wagers in real money on the big game and receive $55 in free bets.

Terms and Conditions

• Free bets will be added to your account in $11 increments on 2/8, 2/15, 2/22, and 3/1.
• Free bets expire 30 days after they are issued.
• $55 real money bet must be placed at odds of -200 or longer.

Big Game Deposit Match

This promotion provides new users an amazing opportunity to bet on the Super Bowl and receive a huge perk. With a minimum deposit of $100 and using the code BIGGAME500, you can receive an additional $500 in bonus money. The best part is BetRivers only requires a 1X rollover.

Terms and Conditions

• Wagers must be -200 or greater.
• House specials don’t qualify.
• Cash-out voids promo.
• Additional $400 in 1X Bonus Money will be awarded in $100 increments on 2/8, 2/15, 2/22 and 3/1.

PointsBet

Available in: CO, IL, IN, IA, MI, NJ

PointsBet is offering two great bonuses in time for the Super Bowl.

GOAT Insurance

As the battle between Brady and Mahomes approaches, PointsBet is giving bettors some peace of mind with GOAT insurance. When you bet up to $50 on either team, you’ll receive your money back if your team loses by 43 points or fewer. The stats say this is a bet worth making: Mahomes’ biggest loss in the NFL is by 8 points and Brady’s biggest margin of loss through his college and NFL career is 35 points.

Terms and Conditions

• Only your first pregame moneyline bet on the Super Bowl is eligible for the bonus.
• Max bet $50 (refund is up to $50 in free bets).
• One per customer.

Up To $2000 In Risk-Free Bets

If you’re a new PointsBet user, you can get up to $2000 in risk-free bets. Sign up with code BIGBONUS and you’ll receive one risk-free fixed odds bet up to $500 and one risk-free PointsBetting bet up to $1500.

Terms and Conditions

• New users only.
• Must use code BIGBONUS.
• If your risk-free bet loses, you’ll be refunded in free bets.

DraftKings Sportsbook

Available in:CO, IA, IL, IN, MI, NJ, PA, TN, VA, WV

DraftKings has risen to the top of the rankings when it comes to sportsbooks. DraftKings been offering amazing bonuses from day one, and for the Super Bowl the operator continued this trend by offering some unbeatable bonuses. Let’s take a look.

Early Bird Big Game Profit Boost

This bonus celebrates the NFL’s 55th Super Bowl. If you opt into this profit boost, you will get a 55% boost on one single Super Bowl wager of your choice. For example, let’s say you wanted to back the Bucs and you placed a wager of $100 on the moneyline. Instead of getting the current +143 in return ($143), you would receive around $221. Not a bad value considering who plays quarterback.

Terms and Conditions

• You must select the boost from your bet slip before placing your bet.
• 55% Profit Boost will apply to the winnings (winnings exclude your original bet).
• Max $50 bet – Max $250 additional winnings.
• You must Opt-In by 11:59 PM ET on 1/28 to receive the Profit Boost.
• Includes Live Bets.
• Excludes Same Game Parlays – excludes free bets, cash-out bets, voided bets, and odds boosts.

Deposit Bonus up to $1000

There’s no better time to start placing wagers than during the Super Bowl. This bonus is strictly for new users. While it’s not specifically centered on the Super Bowl, it’s still a great opportunity to boost your bankroll if you’re a first-time bettor. This bonus will provide you with a 20% deposit bonus up to $1000.

Terms and Conditions

• Every $25 played on DraftKings in DFS/Sportsbook/Casino, the user will receive $1 in bonus funds, Sportsbook requires -300 odds or longer.
• The playthrough requirement must be met 90 days from the date of first deposit to receive maximum bonus.
• Customers who previously made a deposit on DraftKings are ineligible for this promotion. Limit one.