Online betting sites are great not only because of the extensive sports and betting markets they offer, but because you’ll have access to the best sportsbook bonus offers as a new user, and even after, as a returning bettor.
The top sportsbooks don’t stop at welcome bonuses. They go further with promos for almost every major sports event. I suggest you read on for the types of bonuses available on these apps, their terms and conditions, and the top sportsbooks that are perfect for all your wagers. I’ll cover all of that and more in this guide.
Top sports betting bonuses in 2025
Five sites with the best online sportsbook bonuses
Now you know the types of bonuses and the terms they may come with, you’re probably curious to know which sportsbooks deliver the best offers and fair terms. I’ve used and claimed numerous sportsbook bonuses, but these five consistently ranked high their bonus value, betting markets, and the kinds of promotions you’ll find after signing up.
| Sportsbook | Sign-up bonus |
|---|---|
| BetMGM | Bet $10 and get $150 in bonus bets |
| Caesars | Bet $1 and get 20x winnings boosts |
| FanDuel | Bet $5, get $200 in bonus bets |
| Fanatics | Up to $1,000 No Sweat Bet |
| bet365 | Bet $5 and get $200 in bonus bets |
BetMGM Sportsbook – Bet $10 and get $150 in bonus bets
BetMGM makes it easy to get started on your favorite sports with its betting signup bonus offer for new bettors. Just place a $10 wager, and you’ll receive $150 in bonus bets, split into multiple credits.
The sportsbook covers every niche and major US sport, from football and basketball to baseball, tennis, and golf. You’ll never be short on options, even if you like niche sports. Daily odds boosts, same-game parlays, and an ongoing rewards program make it a favorite among bettors, and I’m no exception. I also like how fast odds update during live betting.
Caesars Sportsbook – Bet $1 and get 20 winnings boost tokens
Caesars’ sportsbook sign up bonus is unique and a great option to consider if you’re just starting out. You only need to place a $1 wager, and you’ll have access to 20 winnings boost tokens for use on select markets. That makes it one of the best sportsbook promotions. In addition to this, Caesars hosts regular promos tied to major events like NFL Sundays or March Madness.
The sportsbook focuses on US leagues, with an intuitive layout, decent odds boosts, and parlay insurance. You also get the advantage of enjoying perks through the Caesars Rewards program, since your sports bets accumulate points that can be redeemed for hotel stays, dining, and resort experiences at Caesars locations nationwide.
FanDuel Sportsbook – Bet $5 and get $200 in bonus bets
FanDuel sportsbook signup bonuses are frequently updated to sync with whatever sports season is on, which is awesome. New users can place a $5 bet and get $200 in bonus bets, regardless of the outcome. Those bonus bets can be used on any sport, and you’ll also find rotating promos like parlay insurance and boosts on top matchups.
I rate FanDuel highly for live betting and quick updates, especially on mobile. It’s also among the best NFL betting apps to consider if you enjoy betting on NFL and want competitive odds and lots of betting markets.
Fanatics Sportsbook – Up to $1,000 No Sweat First Bet
With Fanatics Sportsbook, your first wager is backed up to $1,000. If it loses, you’ll be refunded the amount in bonus bets. It’s one of the best bonuses for sports betting, especially if you’re placing a larger bet on a first game.
The sportsbook also offers odds boosts on top leagues and features that sync with Fanatics merch, so there’s some crossover with its store. Sports coverage includes NFL, NBA, MLB, and NHL, and the app is easy to use and fast – I rank it as one of my favorite NBA betting apps. There’s no desktop version, but the app holds up well for same-game parlays and live bets.
bet365 Sportsbook – Bet $5 and get $200 in bonus bets
bet365 is a known brand worldwide, and its US offer is one of the best right now. Bet $5, and you’ll receive $200 in bonus bets whether you win or lose. You’ll also get access to parlay winnings boosts, early cash-out options, and even live streaming on select sports.
Signing up on platforms like bet365 means access to one of the best sports betting apps. There are thousands of markets across football, basketball, soccer, and more. bet365 is especially good for tennis, motorsports, and international events, too. Importantly, you don’t need any betting bonus codes to claim its offers.
Pros and cons of a sportsbook bonus
Sportsbook bonuses are great to claim, but there are a few drawbacks to be aware of.
- More funds to bet with
- Try new sports or markets with less at stake
- Generous rewards through loyalty promos
- Frequent bonus drops during major events
- Short validity windows
Types of sports betting bonuses online
A sportsbook bonus is any additional offer that gives you rewards when you sign up, place a bet, or complete any qualifying activity. Most major sportsbooks have several types of promotions throughout the year. Here are some of the main betting bonuses you’ll find.
Welcome Bonus
Sportsbooks always offer a reward when you sign up, and these welcome bonuses tend to be the biggest. You may receive a deposit match, bonus bets, or a bet-and-get deal. Your bonus can be used across a wide range of markets including NBA prop bets.
Odds Boosts
Odds boosts are exactly what they sound like, they raise the odds on select betting markets so you get a higher potential win. Most sportsbooks feature them daily, especially around major games or trending props, and they often highlight them in a dedicated section. You can easily enable notifications on your app so that you don’t miss a good deal.
Reload Bonuses
A reload bonus is a percentage match on your future deposits after signing up. You may find these bonuses to be smaller than the sports betting welcome bonus you received when you signed up, but they are useful if you deposit and bet regularly.
Winnings Boosts
Winnings boosts increase your potential winnings on specific bets, but they don’t apply to the odds themselves. These boosts are often applied to single-game parlays, straight bets, or featured markets, and you’ll usually see a percentage limit along with a maximum payout cap.
Parlay Insurance
This gives you some sort of safety net when one leg of your parlay falls short. It usually applies to four-leg or larger parlays, and if only one leg loses, you’ll get your stake back as bonus credit.
Risk-Free Bets
Risk-free bets are popular welcome offers where your first bet is refunded in bonus funds if it doesn’t win. These refunds do come with conditions, and though the stake isn’t returned directly, they give you a second chance at winning by placing another bet.
Loyalty Rewards
Most of the best sportsbooks now have loyalty programs that track your betting activity and reward you with points. These points can be exchanged for bonus bets or perks or used to climb tiers that can lead to better offers like faster withdrawals and other exclusive bonuses.
Referral Bonuses
You’re rewarded for referring friends to your sportsbook of choice when your friend signs up using your link and makes a qualifying deposit. If you enjoy promotions specifically for the NBA, you’ll find plenty of offers on top NBA betting sites.
Quality betting sites in 2025
Important sportsbook bonus terms and conditions to note
Sportsbooks’ promos often come with some fine print to keep them fair for everyone involved. These terms affect how and when you can actually make the most of your offer or redeem any winnings that come from it. Here are some of the most important terms you’ll find with a sportsbook bonus offer.
1. Wagering requirements
This simply points out the number of times you need to bet your bonus before you can redeem any winnings. If it’s a 5x requirement on a $50 bonus, that means placing $250 worth of bets. Some sites apply wagering requirements to your real money deposit too, so always check what applies.
2. Minimum odds
Your bets usually need to be placed at certain odds or higher for them to count toward clearing a bonus. Most sportsbooks use something like +100 or -200 as the cutoff. Anything lower may not qualify even if the bet wins.
3. Bonus expiry
Bonuses don’t stick around forever. Some expire after 7 days, while others give stay up to 30 days. Once the time’s up, the bonus will be voided from your account, so make sure to check how long you have.
4. Market restrictions
Not every bonus can be used across all sports or bet types. Some are only valid on specific events like the NFL or NBA, while others exclude parlays, live bets, or props altogether.
5. Maximum limit on winnings
There may be a limit on how much you can withdraw from your successful bets when you use a sportsbook bonus. The terms here are usually fair, and some sportsbooks limit this to $100 or $500, while others have higher caps.
6. Minimum deposit requirements
Sportsbooks require real money deposits to access in most cases, and there’s usually a set amount to qualify. It’s usually around $5, $10 or $20. Anything less, and the bonus won’t activate. And keep in mind that some payment methods like e-wallets may be excluded.
7. One bonus per person or household
You can’t game the system by creating multiple accounts. Most sportsbooks will only allow one active bonus per person, household, or IP address. Trying to bypass that is the fastest way to lose access to your account or funds.
Sign up and claim the best bonuses at top US sportsbooks
You’ve seen the types of sportsbook bonuses available, the terms they come with, along with the top sites that make signing up and claiming these offers worthwhile. All five sportsbooks I’ve recommended offer deep betting markets and generous bonuses that are hard to beat.
You’ll have access to Caesars rewards that stretch through your first 20 wagers, BetMGM reliable daily boosts, and bet365’s offer of $200 in bonus bets whether your first $5 bet wins or loses.
Ready to get started? Just click any of the links on this page to register, make a qualifying deposit, and start claiming the available bonuses starting with your welcome offer.
Top sports betting bonuses in 2025
Sportsbook bonus FAQs
Which sportsbooks have the best betting bonus offers right now?
FanDuel, BetMGM, Caesars, bet365, and Fanatics all have the best sportsbook welcome bonuses and most give you bonus bets from just a $5 or $10 wager. Aside from the welcome offers, you can enjoy odds boosts, parlay insurance, and other ongoing promotions.
Do I need a promo code to claim a sportsbook bonus?
Not always. Some sites automatically apply the offer when you sign up, while others may need a code. Always check the terms before registering to know what applies. If a code is required, you’ll find it listed on the banners on this page.
What is a no sweat first bet bonus at a sportsbook?
It’s a type of sportsbook bonus where, if your first bet loses, the amount is returned as bonus bets. Fanatics and FanDuel offer this type of promotion.
Can I use my sportsbook bonus on any sport?
Most times, yes. But some online sports betting bonuses come tied to select leagues or betting markets. Always read the terms to see if there are restrictions. For example, some of the NBA best bets bonuses are restricted to basketball.
Is there a sportsbook bonus with no deposit required?
This is rare. Most sportsbook bonuses require a small qualifying wager, like $5 or $10. No-deposit bonuses are uncommon in sports betting.
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