Looking for a way to boost your bankroll without burning a hole in your pocket? We’ve lined up the best sportsbooks for betting bonuses and our top pick is Bet365.
With the online sportsbook marketplace becoming even more competitive as new betting sites enter the fray each month, bettors are being bombarded with new bonuses and promotions like never before. Every bookie wants you to sign up with them, but there’s just not enough time in the day to give them all a go. Fortunately, you won’t have to.
There are a bunch of welcome bonus offers out there, but there are also a few promotions for existing players too. Whether you’re looking to grab a bonus at a top football betting site, or want a bonus for betting on tennis, our quick guide to sports betting bonuses will give you everything you need to know to pick out the best bonus for you. Once you’re done, you can choose from our list of top sports betting sites – we’ve only picked out the best on the market.
Types of Bonuses
Types of Sports Betting Bonuses
The matched deposit bonus, which is also often used by online casinos, is also a popular sportsbook offer. It’s very straightforward in that a bettor makes a deposit and it will be matched (up to a certain amount) by the bookmaker. You might find a bookie that welcomes you with an offer of 100% matched first deposit up to £100, for example, which basically doubles your initial qualifying bet. Sounds great, right?
There is almost always a wagering requirement attached to a matched deposit bonus, which will need to be cleared before you can bank this money and any winnings made from it. Wagering requirements involve betting the value of the bonus, the qualifying bet, or a combination of the two a set number of times before you claim your winnings. It’s best to remember that full T&Cs apply when investing in a matched deposit.
Matched bets are largely the same as matched deposits. The only difference here is that the bookmaker will credit new customers with their bonus funds once they’ve placed your first bet, rather than making your first deposit.
This is probably the most popular betting bonus on the market – you’ll find a free bet offer at almost every top bookie. It’s nice and simple – all you need to do is place a qualifying bet at (or above) the minimum stake amount and at odds greater than a specified amount. For example, you may be offered the chance to bet £10 and get a £10 free bet.
One clear benefit of a free bet to new customers is that it gives you a lot more flexibility with your initial bet. If the first bet doesn’t land a winner, you’ll still have your free bet in your locker.
As the name suggests, this is the safest bet you can get. If you don’t land a winner, you get your stake back! There is a small catch – the maximum amount refunded is usually capped. Plus, the returned stake is usually in token form, so it’s non-withdrawable. That aside, this is still a decent offer that allows new customers to bet with a little more confidence knowing that at the very least, they’ll have their stake returned as a free bet.
No Deposit Bonus
No deposit bonuses do exactly what it says on the tin – new customers can claim a betting bonus without making a deposit. While you’ll usually find this kind of offer at online casino sites, there are a few bookmakers that are now giving punters the chance to get in on the fun too. All in all, this is a great option for punters who essentially want to try before they buy.
Other Sports Betting Promotions
As well as exiting welcome bonuses, the best online bookmakers offer a great selection of frequent promotions for existing and new customers. Whereas bonus offers are designed to attract new customers, promotions keep the existing customers coming back. These vary from bookmaker to bookmaker, but here’s a selection of the most popular promotions to look out for.
If your horse is beaten by a head or less then get your stake refunded as a free bet up to £10.
Bet £25 on any sport and if Harry Kane scores and Tottenham beat Arsenal, win a £10 free bet.
Place bets totalling £20 or more at odds of evens (2.0) or higher on Champions League matches using their Bet Builder, 888 will credit you with a £5 bet. Win and you will receive another Free Bet, up to 10 times
Bet £25 on any sport on 19/12 to 20/12 and if there is a red card in Manchester United vs Leeds, then you will receive a £5 free bet.
What’s the Best Betting Bonus?
Sadly there is no definitive answer to this, instead the best bonus is the one which gives you the best chance of earning withdrawable winnings. If you are a single selection punter, for example, then the risk-free bet is a solid choice, but if you’re likely to place a range of accumulators then a matched deposit bonus offer might suit you better. One thing we are certain of, however, is that you’ll find the perfect bonus for you right here at Compare.bet.
Terms and Conditions
What's in the Small Print?
A betting bonus will often come with a variety of terms and conditions that will affect how you play. It’s, therefore, very important that new customers check the small print to see what T&Cs apply bonus and how they can be met. Let’s have a look at the bonus T&Cs you are most likely to come across.
Wagering requirements are one of the most common conditions attached to betting bonuses and they can have a big effect on how you play. They stipulate that before you can claim your winnings from a bonus, you have to first wager the value of your qualifying bet, your bonus amount, or a combination of the two, a set number of times.
A great example of wagering requirements in action is RubyBet’s deposit £10 get a free £10 bet. RubyBet state that before you can claim either your bonus winnings or funds, you have to first wager the value of the free bet 10x. This means that you have to wager a minimum of £100 before you can convert your winnings into real money.
A condition you will often see attached to your bonus are minimum odds. These mean that there are only certain bets you can make in order to fulfil the requirements. These minimum odds will often be low, usually between 1/1 and 1/3, so it shouldn’t be too hard for new customers to fulfil the betting requirements.
With bonuses like matched deposits and matched bets there is often a minimum amount you have to first deposit in order to claim the bonus. Mansion Bet’s 100% matched deposit up to £100, for example, requires you to place a minimum deposit of £10 in order to claim this exciting welcome bonus.
There will usually be a max limit on how much you can win from a bonus or free bet. The maximum win amount is put in place to protect the bonuses from being abused. Online bookmakers use their promotions to attract new players and reward existing players, but if their customers regularly win big using their bonuses then sportsbook would lose a lot of money.
Once new customers have claimed their bonus and worked out how to use it, they will often then have to meet the requirements in a set time. If they haven’t wagered the required amount of times or bet against the specified odds, then the bonus will expire and any winnings will be lost. The standard timeframe for bookmakers tends to be 14 days, but this can differ from site to site. Some bookies are pretty generous, with 888 offering new customers 90 days to clear their wagering before claiming. Others are less generous, however, with RubyBet only allowing their players 7 days.
Our Top Five Picks
Bet365 welcomes new players with up to £100 in bet credits. To unlock this bonus, you’ll need to make a minimum £5 first deposit. The site will then match that deposit in bet credits when you settle a qualifying bet of the same value. Existing members are also catered for at Bet365. Ongoing promotions for various sports include football and tennis accumulator bonuses which can boost your acca winnings up to 70%, and early payout offers for football, the NBA and MLB. With these, you’ll get single bets paid out if your team goes ahead by a specified margin of goals or points.
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Coral’s new customer incentive provides £20 in free bets if you deposit and make a £5 qualifying bet on any sport. The bonus funds are awarded as 4 x £5 free bets, so you can dabble in various markets without putting more of your own money on the line. Coral also has some ongoing bonuses for returning customers to enjoy. With horse racing markets, for example, there’s a daily free bet up to £10 if your horse finishes a length or less than the winner. Football fans, meanwhile, can try ‘Correct4’, where you can win up to £50 if you correctly predict outcomes relating to a specific match.
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The matched deposit welcome bonus at 888sport offers players a 100% bonus up to £100. In order to claim the bonus, you are required to make a minimum £10 deposit, which must then be wagered twice at minimum odds of 1/2. You’ll also have to meet the 5x wagering requirement before you’re able to withdraw any winnings. Returning visitors can take advantage of the ‘Up for 8’ offer, a free-to-play weekly predictor game where you can potentially win up to £8,000 by predicting results from eight selected matches. 888 also gives the chance to bag a daily £5 free bet — you can get yours if you land a 4/1+ winner on any market, in any sport.
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There’s a 100% up to £100 matched deposit bonus up for grabs if you sign up as a new customer at MansionBet. A minimum bet of £10 is required and there’s also a 10x wagering requirement which applies to the bonus amount plus your deposit amount. When it comes to existing customers, MansionBet lays out bonuses tied to specific events. For example, you are awarded £10 free bets each day you make a minimum number of in-play wagers on the French Open. Horse racing fans can also look forward to their own rewards, with a £5 free bet for every 3/1+ winner backed on selected weekend races, and £25 cashback if their horse is beaten by a head or less in selected races.
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Join Betfred and make a qualifying bet of at least £10, and the site will give you £30 in free bets when the bet is settled. As with our other top recommended UK sportsbooks, existing customers have bonuses on the menu too. Betfred’s ‘Double Delight’ and ‘Hat Trick Heaven’ promotions provide potential winnings boosts if your chosen player scores two or three goals respectively. These bonuses come in both pre-match and in-play varieties. If accumulators are your thing, you can opt-in for Betfred’s 5-fold acca insurance, which pays you back up to £10 in free bet credits if you lose by one selection.
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One of the great things about betting bonuses is that new customers can claim them on your mobile as easily as they can on their desktop. Mobile betting has improved enormously in recent years with fully optimised mobile sites and industry-leading apps offering customers a top-quality betting experience from wherever they are in the world. Punters can keep up to date with the site’s best new bonuses and odds through push notifications and can even claim mobile exclusive promotions in some cases.
Best Mobile Apps
How to Pay
There are lots of ways you can bet online these days, from standard debit card transactions to sophisticated e-wallets like PayPal, Neteller and Skrill. But there are some payment methods that you can’t use to claim certain bonuses. 10Bets’ 100% up to £50 welcome bonus, for example, doesn’t allow new customers to use Skrill or Neteller to make a qualifying bet, meaning any deposit made using them will not count toward claiming the welcome bonus. It’s, therefore, best to check your sites T&Cs before you go ahead with a bonus.
Pros and Cons of E-wallets
Event-Based Bonuses and Promotions
Betting sites will offer a range of different bonuses depending on each sport. From faller insurance for horse racing, to price boosts during football matches, to specific tennis tournament bonuses, there is a lot on offer. Let’s have a look at the way bonuses work in different sports.
Football is the most popular sport in the world, meaning that football betting markets have some of the most exciting bonuses around. Price boosts, for example, are a common bonus found at bookmakers, offering you better odds on a match for a limited time. When once they might have been reserved for the most high profile matches, they are now a regular occurrence with Sky Bet’s Soccer Saturday Price Boost taking place each week of the football season.
The unpredictability of horse racing is what makes the sport such a popular betting market, but it also means there’s a chance your horse may not even finish the race. That’s why you’ll often see bookmakers offering bonuses and promotions that safeguard against the eventuality of your bet falling through. Mansion Bet’s ‘Beaten by a Head or Less’ is a perfect example of this, offering £25 as a free bet if your horse loses by a marginal amount.
Unlike football or rugby, tennis is mostly played as part of knock-out tournaments rather than in league. As such, you will often get free bets and bonuses attached to specific tournaments like Wimbledon, the French Open and the Australian Open. You should expect to see bookmakers offer new customers all sorts of promotions over the course of these tournaments, especially when the heavyweights of the game face off against each other in the latter rounds.
Accumulators are a very popular feature of the modern online betting industry and they regularly come with a range of different bonuses that can increase the already impressive winnings you would win from an accumulator.
Lots of top bookmakers now payout the value of your stake as a free bet when just one leg of your accumulator lets you down. This promotion isn’t available on every market and is usually reserved for five-fold accumulators and above, but it’s a great safety net to fall back on should your bet fall short.
This fairly simple bonus can drastically improve the value of your accumulator the more selections you have. Bookmakers, like Bet365, will reward you for each selection you have in your football accumulator, with a 5% bonus on a treble acca that can be boosted to a whopping 90% bonus for a 13-fold.
If you don’t know what selections to make then you can get the bookmaker to do the hard work for you. Enhanced accumulators are on offer daily at the best bookmakers and, although at a higher price than originally offered, all you need to do is pick the right one for you.
How to Claim
Place Your Bets!
Now we’ve shown you the ropes, it’s time to get out there and grab yourself a bonus! Not sure where to start?
Follow these 5 simple steps to claim your exclusive betting bonus:
- Check out our list of top bookies
Our review team has filtered a list of hundreds down to just the very best bookies online today. There’s plenty to choose from so you’re sure to find the perfect site for you.
- Compare bonuses
Our review team has done the legwork to bring you a list of top bookies that are jam-packed with some of the best bonuses on the market. Now it’s your job to pick out a favourite. Compare the welcome bonuses on offer and choose one that best suits your betting style. Remember, bigger doesn’t always mean better! Keep an eye out for wagering requirements of each offer as these are often a great way to set a decent bonus apart from the very best.
- Sign up
Once you’ve picked a favourite, follow our link to sign up and become eligible for an exclusive welcome bonus. Registering an account is simple and can almost always be completed within a matter of minutes. All you’ll need to do is provide a few personal details.
Unless you’ve opted to claim a no deposit bonus offer, you’ll be required to make an initial deposit before you can claim your bonus. The top bookmakers on our list offer a wide range of payment options- whether you want to make debit card deposits, or would prefer to use an e-wallet like Neteller, Skrill or PayPal, we’ve got a sportsbook for you. Once you’ve deposited your first deposit, your bonus will be automatically credited to your account immediately.
Now you’re ready to use your bonus funds – all you need to do is find the best betting opportunity for you. The top bookmakers feature a huge range of sports, each with thousands of pre-match and in-play betting markets to choose from – you’ll be spoilt for choice! Simply add to your bet slip, choose your stake and qualifying bet at one of our handpicked top gambling sites.
How much do I need to deposit or bet in order to get the biggest free bet bonus?
That depends entirely on the bonus you’re trying to claim. Some bonuses only offer a set amount, like a £10 free bet, so as long as you place the stated minimum qualifying bet you will be able to claim the bonus. Bonuses like matched deposits, however, will increase in value the more you deposit, but this is limited to a certain amount. New customers may be offered a 100% matched deposit, for example, but the amount claimable from it will be capped at £100. As such, depositing more than £100 wouldn’t increase the size of your bonus.
Will I have to place additional bets before I can withdraw my free bet winnings?
If that free bet has wagering requirements attached to it then yes, you will have to place more bets to meet them before claiming your winnings. A bookmaker’s wagering requirements will not be as high as those of a casino bonus, but you will still need to wager a set amount of money in a certain time period to claim your winnings.
Can I withdraw my bonus winnings before meeting the wagering requirements?
No, these bonus winnings aren’t made available in your main cash balance until the wagering requirement has been met, so you won’t be able to make any withdrawals.
Will I need a bonus code to claim my welcome bonus?
While several bookmakers require punters to enter bonus codes when depositing or signing up to become eligible for a specific welcome bonus, this is not necessary in instances where the use of a bonus code is not mentioned beforehand
Can I claim betting bonuses using a mobile device?
Yes, all of the bookmakers you’ll find here offer a mobile-friendly version of their site, and some have mobile betting apps. This means you can claim a sports betting bonus even when you’re on the go. Simply follow our links, as you would on a desktop site, to register an account and become eligible for an exclusive welcome bonus.
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