Home » Best Sports Betting Sites Bonuses In 2024

Best Sports Betting Sites Bonuses In 2024

Looking for the best sports betting site bonuses?

There is extreme competition between sportsbooks as they fight for players in the online sports betting market.

For many new sports bettors, the size of the potential sign-up bonus is what brings them in the door.

We have ranked the best sports betting sites for bonuses and promotions in 2024. Read everything about them before you claim your offer!

Best Sports Betting Sites For Bonuses

Rank	Logo	Name	Paygrade	Payout Speed	Deposit Bonus	Highlights	Get Started
1		Bovada	A+	Payout Speed:1-3 Days	50% Up To $250	Recognized brand Very fast payouts Low rollover offers	Bet Now Discover More
2		BetUS	A+	Payout Speed:2-4 Days	100% Up To $2,500	Lots of bonuses Offers VIP program Reliable software	Bet Now Discover More
3		Betonline	A+	Payout Speed:2-4 Days	50% Up To $250	One of the largest sportsbooks online Large betting limits Post odds earlier than others	Bet Now Discover More
4		Everygame	A+	Payout Speed:2-4 Days	100% Up To $500	Reputable history Valuable bonuses Pays on time	Bet Now Discover More
5		BetWhale	A+	Payout Speed:1-3 Days	125% Up To $1,250	Competitive odds Solid banking options Crypto-friendly	Bet Now Discover More
6		BetNow	A	Payout Speed:24 hours	100% Up To $1,000	Trustworthy, USA Accepted Players Easy Bitcoin & Credit Card Deposits Excellent Parlay Odds	Bet Now Discover More
7		MyBookie	A	Payout Speed:2-3 Days	100% up to $1,000	Great betting software Excellent software for live betting Big welcome bonus	Bet Now Discover More
8		Sportsbetting	A	Payout Speed:2-4 Days	50% Up To $1,000	One of the fastest paying sportsbooks Early odds for most events Large sign-Up bonus and reload bonuses	Bet Now Discover More

Top Offshore Sportsbook Bonuses In 2024

Here is the list of the best online betting sites bonuses for offshore sports betting:

Sportsbooks Bonuses 101

While solely looking for sign-up offers and bonuses isn’t an optimal strategy for finding the best offshore betting sites, it is often the deciding factor that helps newer sports bettors make a deposit for the first time.

Who could blame them? Everyone likes free money, and if a betting site is offering a large welcome bonus and they pay players quickly, we can’t blame those who sign up to take advantage.

However, the “catch” when it comes to bonuses at online sportsbooks is that they aren’t all created equal.

There are many factors to consider when looking to take advantage of sports betting bonus offers, but the key here is to read the fine print and understand the rules involved in clearing each type of bonus. Read on!

Match Bonuses Explained

During the early days of online gambling and before the passage of the Unlawful Internet Gambling Enforcement Act (UIGEA), online sportsbooks had much larger bonuses.

In those days, the industry wasn’t under much legal threat, and processing payments was much cheaper and easier.

Times have changed, but there are still excellent offers for bettors at offshore betting sites.

However, the clearing of bonuses and the format they are offered has changed quite a bit. Almost all online sportsbooks in the US market offer what are called match bonuses.

Match bonuses mean that the sportsbook will “match” a portion of a player’s deposit.

For example, if Sportsbook A has a match bonus of 25% up to $500, then a player would have to deposit $2,000 to receive the maximum bonus amount of $500.

How To Maximize Your Sports Betting Bonus

We can’t stress enough how important it is to read the fine print when depositing and taking advantage of a bonus.

Not only will this come in handy when it’s time to complete the rollover, but it’s an excellent way to gauge the value of a bonus and avoid ones with higher rollover rates.

There is one final note to keep in mind when depositing for the first time to clear a bonus.

Most of the time, the free play bonus is only valid on your first deposit. If the bonus offer is strong, players should do all they can to get the maximum amount possible.

For instance, if the sportsbook is offering a 50% match bonus up to $1,000, bettors should try to deposit $2,000 to receive the max bonus of $1,000.

Rollovers On Online Sportsbook Bonuses

Some newer sports bettors may be under the misconception that a bonus is simply given to players for depositing funds at a sportsbook. This is not the case.

If sportsbooks were giving away money to all the players who deposit (with no strings attached), they would be broke in a matter of weeks. Every bonus a player receives will have an attached “rollover.”

The rollover is the number of times a deposited amount and a bonus must be wagered before the bonus can be withdrawn.

Specifications on the amount that must be wagered may vary, but the above requirements are pretty standard for most rollover requirements in regards to terms.

Bonus Rollover Explained

So how do bonus rollovers work? Here’s an example:

• If a player deposits $1,000 and receives a 25% match bonus in free plays, his free play balance would be $250.
• With a rollover amount of 3x, the player would have to wager $3,750 ($1,250*3 = $3,750) before he can withdraw any free play winnings.

A 3x rollover is about as good as it gets in the offshore industry. Anything between 3-6x is above average and excellent, and bettors should have no issues rolling over the bonus and turning in some profit if they know which markets to attack.

Many sites offer bonuses with much higher rollover rates, with the standard around 15x.

Anything higher than this is not ideal but doesn’t mean it’s not worth it if the sportsbook has competitive odds or is weak in certain areas.

Clearing Bonus Rollovers

There are several strategies that players use to clear free play bonuses. Of course, players may not need a strategy at all if they can find inefficient lines or have the ability to chase steam moves profitability.

If the sportsbook simply is posting soft numbers, players know where to attack them, but combining these tips below may help them win even more.

Want to know more? Read out our guide to sports betting sites rollover requirements.

How To Clear A Rollover With Parlays

Parlays are an excellent way to clear a bonus rollover. As we will discuss below, free play bonuses don’t work the same way as cash.

Free plays will only return the win and not the staked amount.

Parlays allow players to utilize the same free play more than once. They are the only types of bet that continuously places the stake and win onto the next selection.

3-team parlays are the best for accomplishing this goal. These bets would not have a positive expectation under any other scenario but are extremely valuable for free play bonuses.

Bettors will be able to apply the free play stake to three different bets, which maximize their chance or profiting.

3-team parlays not give you the best odds, but most free play wagers have limits on the amount players can win.

They are usually capped at several thousand dollars, which means betting larger parlays makes little sense since their winnings will be capped.

Most software doesn’t allow players to do this, but it could be an issue down the road when it comes time to request a payout if a wager like this isn’t stopped by a bookmaker’s betting software.

Free Play Bonuses Vs. Cash Bonuses

In today’s market, just about every online sportsbook gives bonuses to players in the form of free plays.

Whether it’s a first-time deposit or a reload bonus, the vast majority of times that players receive a bonus at a betting site, it will be in the form of a free play.

Understanding a free play is quite simple, but it’s important to realize the distinction between a freeplay and receiving a cash bonus, which has become much rarer these days.

When we wager with a free play bonus, it’s vital to understand that win or lose, that freeplay funds will be gone regardless of the outcome of the ticket.

• For instance, if we wager $220 in free play funds to win $200, the $220 will leave our free play balance for good.
• If the bet loses, the amount will be deducted from our free play balance, and we won’t receive any winnings in our normal account balance.
• However, if the bet wins, we will receive the $200 in winnings from our account balance and our free play amount will still be deducted by $220.

When comparing this to a cash bonus or simply a wager from your normal account balance, there is one vital difference.

Cash bonuses and wagers made out of your account balance will return your original stake, plus your profits on a winning wager.

• For instance, if you bet the same $220 to $200 to with a cash bonus and won, you would return $420 (your $220 stake and $200 in winnings).

For this reason, cash bonuses are preferred compared to free play bonuses, but as mentioned above, are much rarer.

Other Types of Online Sports Betting Bonuses, Offers & Promotions

There’s a multitude of other offers that you can benefit from at sports betting sites beyond the well-known welcome bonuses.

Below is the ranking of gambling sites that excel at a particular betting bonus type and promotion.

Betting Bonus Type	Betting Site	Deposit Bonus	Claim Your Bonus
Free Play Bonus	Mybookie.ag	50% Up To $1000	Claim Your Bonus
Cash Bonus	GTBets.eu	150% Cash Sign Up Bonus	Claim Your Bonus
VIP & Cash Back Bonus	Bovada.lv	1% Cash Back Bonus	Claim Your Bonus
Reduced Juice Bonus	5Dimes	Reduced Juice Bonus	Claim Your Bonus
Deposit Bonus	Mybookie.ag	100% Up To $1000	Claim Your Bonus
Reload Bonus	Mybookie.ag	25% Up To $1000	Claim Your Bonus
No Deposit Bonus	SportsBetting.ag	Up To $50	Claim Your Bonus
Mobile Bonus	SportsBetting.ag	50% Free Play Mobile	Claim Your Bonus
Crypto Bonus	Bovada.lv	50% Up To $500	Claim Your Bonus
Referral Bonus	GTBets.eu	50% Up To $400	Claim Your Bonus

VIP & Cash Back Bonus

In today’s sports betting world, cash back and VIP programs with points and rewards are getting quite rare. In some cases, sportsbooks will offer these to players who don’t win, or they won’t have any significant value.

Reduced Juice Bonus

Juice refers to the amount of vigorish charged on each by a sportsbook. The standard vig on both sides of a bet is -110 on both sides. However, reduced juice sportsbooks will offer players a price break in the hopes of getting more betting volume.

Deposit Bonus

Deposit bonuses are the bonuses given to players when they sign up and make their first deposit. They’re typically only valid on the first deposit and may require a bonus or promotional code. In some cases, they can be used on the first few deposits made on a new account.

Reload Bonus

Reload bonuses are similar to deposit bonuses in that they have similar terms. Like deposit bonuses, they are typically given in the form of free play. The difference is that reload bonuses are offered after you have already made a first-time deposit, received a bonus, and cleared it or ran your account to zero. Reload bonuses are standard at many sportsbooks, but some offer them seasonally for significant events, such as the start of the NFL Season, March Madness, or the Super Bowl. Again, MyBookie.ag offers one of the best reload bonuses online at 25% Up to $1,000. This is a standard bonus and available on every account.

Mobile Bonus

Since mobile betting has exploded in recent years, many sportsbooks have opted to give bettors a bonus or free bet wager for trying their mobile betting products. It’s a significant area of focus for betting sites these days, and there are quite a few sites that will try to entice their customers into betting on mobile with their products.

Crypto Bonus

If you’re just getting back into sports betting websites, you might not be aware that cryptocurrencies are now the preferred option for offshore sports betting since they’re far cheaper to process than fiat-currencies, such as the USD. Sportsbooks will often entice bettors to deposit using cryptocurrencies by offering bonuses.

Referral Bonus

Refer-a-friend or referral bonuses are given to bettors who refer their buddy to an online sportsbook. Bettors will receive a bonus by referring their friend through email if they sign up and make a real money deposit. The refer-a-friend bonus will typically be tied to the amount your friend deposits but can easily be in the several-hundred-dollar ranges.