All Bonuses

5 min read

All Active Bonuses

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Welcome Bonus

Fanatics Bet $50, Get $250 in Bonus Bets

Fanatics Sportsbook
Medium
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05/30/2025
expire
21, Terms and Conditions Apply
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Parlay Bonus

Coolbet Parlay Insurance

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08/24/2025
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Competition

Coolbet Premier League Specials

CoolBet
Medium
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08/24/2025
expire
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VIP Program

Coolbet VIP Club

CoolBet
Hard
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Free Bet

Coolbet UFC Bet and Get Special

CoolBet
Medium
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12/27/2025
expire
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Profit Boost

Coolbet Esports Action

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Medium
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Profit Boost

Coolbet 30% Golf Profit Boost

CoolBet
Medium
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08/24/2025
expire
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Welcome Bonus

Coolbet Deposit Bonus Welcome Offer – 100% up to $200

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Bet Insurance

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Welcome Bonus

1xBET 120% first deposit bonus up to $540 CAD

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Odds Boost

1xBET Accumulator of the Day

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Refer-a-Friend Bonus

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Bonus Bets

1XBET Daily TOTO Prediction Bonus

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Bonus Bets

1xBET Bonus For Series of Losing Bets

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Risk Free Bet

1xBET Advancebet

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1xBET No Risk Bet

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Bet Insurance

1xBET English Football Time

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Medium
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05/24/2025
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Parlay Bonus

BetPlays Parlay Bonus

BetPlays Sportsbook
Hard
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Early Cash Out

BetPlays Basketball: 20+ Points Ahead Early Payout

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BetPlays Football: 17+ Points Ahead Early Payout

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BetPlays Hockey: 3+ Goals Ahead Early Payout

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BetPlays Soccer: 2+ Goals Ahead Early Payout

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BetPlays Tennis: 2+ Sets Ahead Early Payout

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Bet Insurance

BetPlays Soccer: Money Back on 0-0 Draw

BetPlays Sportsbook
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Free Bet

BetPlays: Complete User Profile Get a $5 Free Bet

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Free Bet

BetPlays: Turn On Push Notifications Get a $5 Free Bet

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Refer-a-Friend Bonus

BetPlays Refer-a-Friend

BetPlays Sportsbook
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Bet Insurance

BetPlays Support Bonus

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Free Bet

BetPlays Spin & Win Up to $100

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Daily Lottery

BetPlays Daily Lottery

BetPlays Sportsbook
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Biggest Bonuses

Non-paid list
Rewards Program

DraftKings Dynasty Rewards

DraftKings Sportsbook
Hard
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Bet Insurance

UFC Split Decision Insurance

Stake Sportsbook
Hard
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12/30/2025
expire
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Refer-a-Friend Bonus

1xBET Referral Bonus

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Welcome Bonus

Coolbet Deposit Bonus Welcome Offer – 100% up to $200

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Early Cash Out

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Early Cash Out

Stake: Enyimba - Early Goal Payout!

Stake Sportsbook
Medium
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06/29/2025
expire
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Double Winnings

Stake NBA - Double Winnings

Stake Sportsbook
Medium
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12/30/2025
expire
21, Terms and Conditions Apply
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Free Bet

PowerPlay NBA Bet $50 Get $20 in Bonus Bets

Powerplay Sportsbook
Medium
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04/13/2025
expire
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Rewards Program

BetMGM Rewards

BetMGM Sportsbook
Medium
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Free Bet

Coolbet UFC Bet and Get Special

CoolBet
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12/27/2025
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Double Winnings

Stake Domestic Soccer: Double Winnings

Stake Sportsbook
Medium
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05/30/2025
expire
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VIP Program

TonyBet Sports VIP Program

TonyBet Sportsbook Logo
Hard
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12/30/2025
expire
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Early Cash Out

BetPlays Football: 17+ Points Ahead Early Payout

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BetPlays Sports Vault: Weekly Prize Pool Based on Winning Bets

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Bet Insurance

BetPlays Support Bonus

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Bet Insurance

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BetPlays “Lord of the Grind” Weekly Bonus

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VIP Program

Coolbet VIP Club

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Rewards Program

Hard Rock Bet Loyalty Rewards Review

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Parlay Bonus

Coolbet Parlay Insurance

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Medium
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08/24/2025
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All About Sportsbook Bonuses

Bonuses play a big role in the wagering experience at online sportsbooks. They come in all shapes and sizes, and they all have terms and conditions (sometimes quite complex terms), wagering requirements, pros, and cons. 

Sportsbook Bonuses Explained

Bonus TypeDefinitionExampleProsConsPotential DangersWagering Requirements Explained (with Example)
Welcome BonusBonus awarded to new bettors upon sign-up or first deposit."Deposit $50, receive a 100% match ($50 extra)."Provides extra initial wagering funds.Strict conditions; initial deposits required.May encourage higher initial spending.Commonly 5x-10x rollover.
Example: $50 bonus at 5x requires $250 wagered to withdraw.
Deposit BonusBonus matching a percentage of deposited funds."Deposit $100, get a 50% bonus ($50)."Increases betting bankroll.High wagering requirements.Potential to encourage excess deposits.Typically 5x-15x.
Example: $50 bonus at 10x means $500 wagered required.
Match BonusBonus matches the deposited or wagered amount, up to a limit."Bet $100, matched with $100 bonus."Doubles betting opportunities.Often strict wagering conditions.Can prompt increased wagering frequency.Usually 5x-20x.
Example: $100 match at 15x requires $1,500 wagered.
Free BetCredit provided to bet without initial cost after qualifying wager."Place $20 bet, get $20 free bet."Allows bets without immediate risk.Stake not returned on winning bets.May encourage betting on higher-risk wagers.Generally 1x on winnings.
Example: $20 free bet wins at +100; $20 winnings must be wagered again before withdrawal.
Risk-Free BetLosing bet refunded as bonus bet credit."Place $25 bet, refunded if loses."Reduces initial risk of betting.Refund issued as bonus bet only.May lead to placing riskier bets.Usually 1x winnings rollover.
Example: $25 refunded; winnings from this must be wagered once more.
2nd Chance BetSimilar to risk-free bets; losing bets refunded as bonus."Lose a $10 bet, receive $10 bonus bet."Reduces initial betting risk.Limited to specific events or markets.May encourage risk-taking behaviors.Typically 1x winnings.
Example: $10 refunded; winnings must be wagered once.
Bet InsurancePartial or full stake refund under specific losing conditions."Refund if one leg of a 5-leg parlay fails."Reduces risk on complex wagers.Applies mainly to multi-leg bets only.Could incentivize higher-risk betting.Usually minimal (1x winnings).
Example: $10 insurance refund must be wagered once.
Odds BoostTemporarily enhanced odds on select bets."Odds boosted from +200 to +250."Higher potential payouts.Restricted markets; may cap bet size.May lead to impulsive betting.Often no wagering requirement, immediate cash.
Profit BoostPercentage increase applied to winning wagers."20% profit boost on net winnings."Enhances potential returns.Applies only to successful bets.Could encourage larger, riskier wagers.Usually no extra wagering requirement. Immediate cash on winnings.
Parlay BonusIncreased payouts for winning parlay bets."Extra 10% payout for a 4-leg parlay."Potential for higher winnings.Complex, multiple outcomes needed.Increased risk of losing bets.No additional wagering requirement beyond initial parlay wager.
Early Cash OutSettle bets before event completion at adjusted odds."Cash out $20 bet early for $15."Control over potential losses.Reduced winnings compared to original odds.May encourage frequent reduced-value settlements.No additional wagering requirements (immediate settlement).
Double WinningsBet winnings doubled under specific conditions."Win $50, payout doubled to $100."Significantly increases returns.Conditions often restrictive.Can encourage betting on higher-risk outcomes.Typically no further wagering requirement; immediate cash.
Daily RaceBonus prizes awarded based on daily leaderboard standings."Top bettors daily split a $100 bonus."Rewards regular betting activity.Requires consistent daily betting.Could encourage habitual betting behavior.Usually 1x rollover on awarded amount.
Example: $20 bonus requires additional $20 wager.
Daily LotteryBonus awarded via daily lottery draw based on bets."Each $10 wager earns lottery entry."Regular chance-based rewards.Luck-based; requires frequent wagers.May lead to habitual betting.Usually low rollover (1x-3x).
Example: $10 bonus at 3x means $30 wagered to clear.
Loyalty ProgramRewards accrued via continuous betting."Earn points per bet; redeem for bonuses."Incentivizes ongoing betting.Requires substantial betting activity.Can encourage persistent gambling.Usually 1x-5x rollover on redeemed bonuses.
Example: Redeemed $10 bonus at 5x requires $50 wagered.
Rewards ProgramPoints earned for betting, exchangeable for rewards."Accumulate points redeemable for bets."Rewards continuous betting activity.Requires long-term wagering.Risk of fostering habitual gambling.Generally 1x-3x rollover on redeemed bonuses.
Example: $20 bonus at 3x means $60 wagered.
VIP ProgramExclusive benefits for high-value bettors."VIPs get personalized bonus offers."High-value perks for consistent bettors.Targets only heavy spenders.Potentially exacerbates heavy betting habits.Often lower wagering requirements (1x-3x).
Example: $100 VIP bonus at 2x requires $200 wagered.
Refer-a-Friend BonusBonus provided upon referral sign-ups."Refer friend; both receive $25 bonus."Rewarded for successful referrals.Bonus depends on friend's wagering actions.Could incentivize social pressure to bet.Usually 1x-5x.
Example: $25 bonus at 4x requires $100 wagered.
Disclaimer
All bonuses have unique terms and conditions. Bettors should always review specific sportsbook terms carefully to understand wagering requirements and other conditions clearly before accepting bonuses.s to the sportsbook.

Key Considerations

When exploring bonuses at any online sportsbook, it's essential to understand their terms and conditions. These may include:

  • Wagering Requirements: Many bonuses are required to bet a certain amount before withdrawing winnings.
  • Expiration Dates: Bonuses often have a validity period within which they must be used.
  • Eligible Markets: Some bonuses might be restricted to specific sports or events.
  • Minimum Odds: For certain bonuses, bets at or above specific odds might be required.

Choosing the Right Bonus

  • Assess Your Betting Style: Consider whether the bonus aligns with your typical betting strategy.
  • Read the Fine Print: Understanding the terms and conditions can help avoid surprises.
  • Compare Offers: Look at various sportsbooks to find the most suitable bonus for your needs.
Bonuses can enhance your betting experience, but choosing them wisely is crucial. By being well-informed and aware of the terms and conditions, you can make the most of these offers while enjoying sports betting responsibly.