Claim The Best Betting Bonuses Available

Betting bonuses have been around for as long as online bookies. Sportsbooks are geared with top betting offers to either attract new players or reward existing ones until the Internet runs out of batteries. And for good reasons.

As your designated Betting Mate, it is our duty to educate you on the best sportsbook bonuses, how they work, and how to claim them. We’ll even throw in a bonus tip of our own on how to get your hands on free bets and risk free bets without making a deposit.

Top Best Betting Bonuses Sites Listed

Accept players from NL The Netherlands flag
1
  • 10% Weekly Rakeback Without Wagering
  • Instant Payouts
  • Gamble Anonymously
Bonus: 200% Welcome Package up to €20,000
2
  • Fast Payouts
  • High Limits on Withdrawals
  • Exclusive VIP Benefits
Bonus: Daily Rakeback & Weekly Cashback
3
  • Huge Welcome Bonus
  • 15+ Payment Methods
  • Horse Racing + Virtuals
Bonus: 150% up to €1000
4
  • Welcome Bonus Without Wagering!
  • Wide Range of Payment Methods
  • Buy Crypto On-site
Bonus: 100% Free Bet up to €100
5
  • Huge Welcome Bonus Package
  • Provably Fair
  • A Wide Variety of Sports Markets
Bonus: 120% up to €500 + €5 Free Bet
6
  • 24/7 Live Chat
  • VIP Program
  • Daily Bonuses
Bonus: 100% up to €300

Sports Betting Bonuses Explained

Online bookies with the best betting bonuses for new players offer a variety of incentives to bet on sports. Betting bonuses can be great depending on what you’re looking for. You see, whether or not an offer is worth your time and money is all in the fine print, but we’ll get to that a bit further down.

And while we’re at it, we’re going to share some inside information about sports betting bonuses you probably won’t believe until you try it. Before you ask, no, you won’t be violating any terms and conditions.

Now that we have your attention, let’s go through the most popular sports betting bonuses top platforms have on offer today. We’ll start with the mother of all bonuses – the welcome bonus.

The Best Welcome Bonuses

The obvious reason why new players are offered a welcome bonus is to give them a chance to learn how to use the site and to hopefully stick around for a while. Welcome bonuses come in different forms and sizes, but they do have one thing in common, you can only claim this offer with your very first deposit into your player account.
Some of the best welcome bonuses can be claimed with more than one deposit but you won’t get the reward on your second deposit if you didn’t claim the bonus with the first. See how it works? These so-called multi-deposit bonuses have their pros and cons.

The good thing is that you tend to get a lot of bang for your buck, so to speak. But since your deposits are tied to bonus money, it may take a while until you’ve passed all the wagering requirements to make a withdrawal.

Many of the best betting sites offer a match deposit bonus and free bets on top of that as part of their welcome bonus. A match deposit bonus means that whatever you deposit, up to a certain amount, will be matched up to a specified percentage.

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How it works

For example, a 120% deposit bonus means that if you deposit €100, you will have your money plus the €120 added to your new total bankroll of €220 to place bets.

No Deposit Bonuses - Get Started Without Risking Your Money

This is without a doubt the most generous form of bonuses a sportsbook can offer since players aren’t asked to deposit any money into their accounts. Naturally, since the bookie isn’t asking for anything, the terms and conditions will be very strict, and you’re not very likely to be able to take out any money from no deposit betting bonuses.

The wagering requirements will be very high and max win very low, while min odds will be on the risky side. Don’t worry if you’re not up to speed with all the terms and conditions terminology. We’ll walk you through everything you need to know a bit further down.

Match Deposit Bonus

This is the most common bonus offered by online sportsbooks. Sometimes the offer will come with a bonus code that you have to put in when you make a deposit to claim this bonus, otherwise you usually tick a box.

A match deposit bonus will boost your bankroll with bonus money based on the percentage offered and how much you put into your player account.

Free Bets For The Win

Free bets are often part of the welcome bonus but they can also be given as a reload bonus when you top up your player account. When you bet with a free bet you will most likely be limited to a single sport or event, but this isn’t necessarily too bad.

The bookie will put up the stake for you and you stand to reap all the rewards. For obvious reasons you will not be credited with the money used to pay for the bet since that goes back to the sportsbook, but the winnings are all yours – once you’ve overcome the wagering requirements.

Risk Free Bets - A Massive Favourite

Jackbit Risk Free Bonus

Risk free bets carry absolutely no risk for players even though you have to put up the money to stake the bet from your player account. But this doesn’t matter since the money will go right back to your bankroll if your bet doesn’t win.

This is why this is a massive favourite among bettors and the best betting sites are often more than willing to offer this type of bet as a reload bonus.

Cashback Offers - Money Back

Every now and then you’ll hit a rough patch with a seemingly endless string of losing bets. Then it’s good to have this offer on board since you’ll get a percentage return to your account. Normally, you’ll get something like 10% of your total stakes during a week added back.

The important thing to be clear of is whether the cashback will be returned as real money or bonus money. Bonus money will come with terms and conditions while real money can be withdrawn to your preferred payment method.

Sports Betting Promotions To Look Out For

Big sporting events attract big betting promotions. Mark your calendar for tournaments like the FIFA World Cup, the NFL playoffs, Stanley Cup, Wimbledon, and the Olympics. These events are more or less guaranteed to come with special promos.

To participate, you usually have to place bets on the events to get free bets or deposit money to get risk free bets. Either way, you’ll be able to add a bit of excitement to the games.

How To Claim The Best Betting Bonuses

It’s easy to claim the best betting bonuses. There are basically two ways you can do this. One is to keep an eye on your player account inbox and available bonuses section. This is the most common way to spot which bonuses you can claim.

Secondly, available bonuses may appear as part of depositing money into your player account. A tick box will appear and all you have to do is to click it so it’s marked for claiming the betting bonus.

Get Free Sports Betting Bonuses

Maybe we shouldn’t be telling you this, but we’re your Betting Mate and trust that you’ll keep this between us. There’s a way of getting free sports betting bonuses but it’s not easy and only during certain situations.

It may seem obvious but if it was, then everyone would be trying this method all the time, and that’s clearly not the case. So, how does it work? For starters, something has to go wrong.

Websites experience technical problems from time to time, that’s just how it goes on the Internet. Not even the best betting sites are protected from human error. If, or when, something goes wrong you can always reach out to customer support and ask POLITELY for a free bet or risk free bet as compensation.

This will only work if you’re a player in good standing with the bookie e.g. someone who’s been with the sportsbook for a while and turned over some money. Like the old saying goes, if you don’t ask, you don’t get. But NEVER demand.

Understanding Betting Bonuses’ Terms And Conditions

Navigating the terms and conditions of a betting bonus can make all the difference, including your decision on claiming it. Your Betting Buddy is here to explain the most important things to look for and what they mean in plain English, and how it works in practice.

In no particular order, these are all important to understand:

 

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Wagering Requirements

This is always expressed as a multiplier like x40, or some other arbitrary number, and is applied to either your bonus money or your deposit plus bonus money. Beware, this is a way for sportsbooks to implement a bit or a trick.
Let’s show you a simple example with the two different versions. Which one of these do you think is the better option:

1. 100% bonus with a wagering of x40 on your bonus money
2. 100% bonus with a wagering of x20 on your deposit + bonus money

Truth is that the x20 sounds better because it’s a lower number, but in reality they are both exactly the same. If you deposit €100 in example 1. you will get €100 in bonus money which must be wagered 40 times. This comes to €4,000.

The second example comes to the same outcome. Again, you deposit €100 and get €100. Now you add the two together and get €200 which must be wagered 20 times e.g. €4,000.

Keep in mind that only the money you bet with counts towards the wagering requirement. It pays to pay attention to details.

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Min Odds

When you’re trying to overcome wagering requirements you can’t just bet on anything you want. You have to bet on outcomes with odds greater than the minimum odds required for the bet to count towards the requirement.

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Max Win

This is the total amount of real money you’re allowed to withdraw from your player account back to your payment method after you beat the wagering requirement.

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Max Bet

You want this to be as high as possible but just because you’re allowed to bet more than €10 with bonus money doesn’t mean you have to.

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Promotion Period

The longer a promotion lasts, the bigger your chances of beating the wagering requirements.

Tips For Maximising Your Sports Betting Bonuses

Now that you have a better understanding of what to look for, it’s time to share a few tips on how to maximise your betting bonus winnings. Firstly, you want to look for low-wagering betting bonuses.

Next you want to glance at the promotion period and make some basic calculations. Take the max bet into account to see how many bets you would have to place to beat the wagering requirements of your betting bonus.

If this is manageable, you will lastly have to take the max win into account. This will then be the deciding factor of whether or not it’s worth claiming the bookies betting offer. In short, the best betting bonuses should have a wagering requirement that’s manageable within the promotion period, and you want low min odds coupled with a high max win.

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Pro Tip For Bonus Hunters

As you can see, top online betting rewards may vary so it pays to have accounts with several online bookies so you can compare their bonuses to ensure that you give yourself the best possible shot at boosting your bankroll!

Best Betting Bonuses For Different Sports

American Football, Football, Tennis Ball and Basketball

Competitive sports bettors use different betting strategies depending on the type of events and markets they’re betting on. They also have player accounts with several online sportsbooks to hedge their bets. The goal should always be to maximise your winnings on every bonus you claim.

When you’re placing free bets you should always go for markets with high risk, high reward. Great sports for this include football, NFL, and NBA. Bet on the underdog to ensure that you get the best possible deal. Look for odds that will reach the max winnings cap. It doesn’t matter if you lose since the bookie is staking the bet.

Risk free bets are great to use on sports played early during the day because if you win you can take the winnings to bet later in the evening. The sooner you get started on beating the wagering requirements the better. It’s always possible to find early football games if you go through different national leagues.

If you have your eyes set on a fast paced sport like tennis, try to make sure that you have cashback activated. Betting on tennis live is a great way to get the maximum possible return on your cashback bonus.

Reload bonuses that match your deposit can be used on pretty much whatever your heart desires. This type of bonus is great if you plan to place multiple bets in a short period of time and want to make sure that you can cover all the stakes.

FAQ - Best Betting Bonuses

How can I get a sportsbook welcome bonus?

What is the best bonus for beginners?

Are no deposit bonuses worth it?

Can I withdraw bonus money directly?

What happens if I cancel an active bonus before it expires?

Which sites offer the biggest bonuses?

Can I win real money when I play with bonus money?

Top Online Sports Betting Bonuses - Conclusion

Online betting rewards are great for boosting your bankroll and wagering on sports markets you normally wouldn’t. The best offers may come with stringent terms and conditions but are still worth claiming since you don’t risk losing any of your own money.

It’s vital to read and understand all the terms and conditions before you claim any betting bonuses. You should also stick to a betting strategy when you’re using bonus money. This will greatly help you maximise your potential winnings.

Lastly, don’t forget to gamble responsibly. Never over-extend your deposits just to claim bonuses. Betting bonuses can tie up your money longer than expected if you run into a losing streak. If you’re unsure of what to bet on when you have an active bonus or cashback, come back to this page to refresh your memory.