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Here you will find all the recently added sports betting bonuses. Browse our selection of newly added free bet offers and other promotions at online sportsbooks.

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Best Sports Betting Bonuses in 2024

Claiming a sports betting bonus is an excellent way for bettors to start their journey at a sportsbook or give their account a boost in funds when needed. A boost in budget also means more bets and a better chance to win, and players appreciate it when they don’t have to put too much money into their accounts when they want to try out a new sportsbook.

Bookies use betting bonuses to attract and retain bettors, just like online casinos do with their players, and it is a practice that works well for both sides. Bettors get to place more bets and the sportsbook can impress bettors with the odds and promotions it offers.

Betting Bonuses - How Do They Work

Sports betting bonuses provide a boost to bettors’ betting budgets in a few different ways, depending on the type of bonus the betting site has in store for its players. Taking advantage of sports betting offers is not reserved only for novice bettors or bettors just starting with new betting sites but for bettors who are loyal to a sportsbook as well.

Online betting bonuses bring certain benefits to bettors, typically giving them opportunities to bet more and potentially win. What players should know is that bonuses come with a set of requirements before they can cash out any potential winnings, but all that is clearly stated within the bonus terms and conditions.

When claiming a sports betting bonus, you might need to meet the requirements first, and then you are welcome to take advantage of the bonus offer.

Sites with betting bonuses

Popular Betting Bonuses To Look For

With quite a few types of online sports betting offers around, you have a decent choice when picking the bonus for yourself. Our recommendation is to try a few different types of bonuses before deciding on your favourites. Here’s what you need to know about some of the most popular sports betting bonuses.

Welcome Bonuses

Welcome or sign-up sports betting bonuses are the bonuses sportsbooks create to attract bettors and give them a chance to test their offering, software, and user experience. Welcome bonuses are usually in the form of deposit match or free bet bonuses. 

That means that the betting site will match your first deposit or bet (to a certain amount, in total, or even more than your initial bet), so you can make another bet or more bets, depending on your betting style. Make sure to read the conditions of the bonus prior to accepting it, as it could come with playthrough or rollover requirements, depending on how the bookie calls it.

Risk-Free Bets

Risk-free bets are advertised as such, but they are not always risk-free. For example, the betting site could match your first deposit if you make a bet and lose, calling the second bet risk-free, as you got those funds as a bonus. However, since you took the risk with your initial bet, calling the second risk-free might not be entirely true.

A risk-free bet is also known as a second chance bet because it gives a second chance to get a bet right with bonus funds.

No Deposit Bonuses

No-deposit bonuses are not very common with sports betting. Instead, they are usually found at online casinos offering no-deposit bonuses and Free Spins. A no-deposit bonus means that you don’t need to make a deposit in order to make a bet and test a new sportsbook.

If a sportsbook offers a no-deposit bonus, it is typically a welcome bonus offer when you register an account. These bonuses come under stricter conditions than other sign-up bonuses, so make sure you are familiar with all the terms before claiming them.

Parlay Insurance

The parlay insurance sports betting promotion is the type of bonus that is there to motivate you to keep making parlay bets even if you lose. Of course, it doesn’t apply to just any loss but to situations when you get all the legs of your parlay bet right, except for one. That’s when the parlay insurance cash-back bonus kicks in, and the betting site refunds your initial bet.

Parlay insurance cash-back sports betting bonus gives you another shot at making bets, be it another parlay bet or anything you wish. 

Boosted Odds

Enhanced or boosted odds is a sports betting promotion that is particularly popular around the time of large sporting events. Bookies use enhanced odds to attract players to sign up and bet on a popular game or event. How does it work? 

The bookie boosts the odds on a popular bet for the event, limits the stake, and promises to pay the extra winnings in either cash or free bets. For example, if the odds that a tennis player would win Wimbledon were 4/1, the bookie can increase them to 20/1 and limit the bet to £/€2. If the player wins, you receive the winnings from the regular odds plus the remaining funds in free bets.

Reload Bonuses

A reload bonus is essentially a smaller match deposit bonus that you can claim multiple times. The betting site offers to match your deposit up to a certain percentage on one or more deposits you make. For example, you can get a 50% reload bonus every week for the next couple of months or a 25% bonus on your first deposit every month. Make sure to look for the offer that suits your betting needs and to read the terms and conditions attached to it.

Deposit Match Bonus

A deposit match bonus sportsbooks offer is pretty much the same as the one offered by online casinos. This is a particularly lucrative offer for a welcome bonus because the sportsbooks offer bonuses of up to 100% deposit match, or sometimes even more. What it means is that if you make a £/€100 deposit, you get another £/€100 in bonus funds if the deposit match bonus is 100%.

Bonuses often come with playthrough or turnover requirements before you can make any withdrawals, so make sure you read the terms and conditions carefully so there won’t be any surprises later.

How To Claim Betting Bonus Online

Betting sites advertise their online betting bonuses everywhere they can, so they are not too difficult to find if you are looking for them. That makes it easier for you to compare the best betting sites bonuses and choose the ones you would like to try. 

We will guide you through the process of claiming a welcome bonus offer from a sportsbook:

  • Only look into legal sportsbooks with a solid reputation and their welcome bonus offers. You can find many verified sports betting sites listed on the AskGamblers website.
  • Choose the sports betting site you’d like to try, including the bonus you want to claim.
  • Sign up with the sportsbook of your choice and complete the verification process.
  • Look around the website to ensure you chose well, and then head to the cashier to make your first deposit.
  • Read the terms and conditions of the welcome bonus carefully and follow the bookie’s instructions on how to claim it.
  • You are all set to claim the bonus offer and start making your bets.

If later you wish to claim another offer from the betting site other than the welcome bonus, you just need to follow the instructions and read the terms and conditions before claiming the bonus. This will help you avoid any unpleasant surprises in the long run.

Sports betting bonus offers

Common Sportsbook Bonus Terms and Conditions

We have mentioned bonus terms and conditions a few times now because they are significant for both bettors and sportsbooks. Sportsbooks use bonus terms and conditions to prevent disloyal bettors from abusing their bonus offers and to protect themselves from losing funds when offering welcome bonuses. 

Bettors must ensure not to break the terms and conditions of the bonus they claimed if they wish to withdraw any potential winnings later. These are some of the common sportsbook bonus terms and conditions:

  • Playthrough requirements: It is also known as rollover or wager requirements, and it is usually defined as the number of times you will need to play through the bonus amount before you can make any withdrawals. For example, if the wagering requirement is 20x, and you received €50 in bonus funds, you will need to wager €1,000 before withdrawing your winnings. Wagering requirements can apply to both bonus and deposit money, which is why you need to read the terms carefully.
  • Minimum odds for the playthrough requirements: The bonus offer could state the minimum odds you can place your bets on while playing through the bonus requirements. If your bets don’t meet the requirements, the bet won’t count into the rollover amount.
  • Expiration date: The bonus offer could be time-limited, meaning that you have a deadline to use up your bonus funds and meet the wagering requirements.
  • Maximum withdrawal: Some sportsbooks could have a maximum withdrawal limit, meaning that you won’t be able to withdraw funds above that amount in a single withdrawal.

Other requirements exist, like the site putting a minimum or maximum bet limit, but that is not so common anymore. If you are referring someone to a sportsbook, there are also terms and conditions that go along with that, so your friend will need to deposit a certain amount of money before you can access your bonus funds.

Why Sportsbooks Offer Promotions

Sportsbooks need to stand out from the competition in the crowded online sports betting market. And what better way to do that than to provide lucrative sports betting offers to bettors looking for a new betting destination? Of course, bettors should also look into the odds the betting site offers, the user experience it provides, and the quality of its customer support when deciding to stay with a sportsbook.

Promotions attract bettors and incentivise them to stay with a sportsbook, and that’s why they are so popular. Depending on the country’s regulations, you can see these flashy promotions advertised on billboards, TV, social media or relevant websites. In countries where gambling and betting advertisements are prohibited, sportsbooks need to find other ways to bring bettors to their websites, typically with more lucrative offers.

If you are looking for the next betting destination, a good way to start might be to claim one of the bonuses listed on this page. We have tested and verified all of them, so you can rest assured that these are all legitimate and the best sports betting offers you can claim.