Active Double Winnings Bonuses
Double Winnings
Betway Double Winnings Up to $100
Medium
to obtain
21, Terms and Conditions Apply
Double Winnings
Stake NBA Double Winnings Up to $100
Medium
to obtain
12/30/2025
expire
21, Terms and Conditions Apply
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Double Winnings Bonuses Explained
A Double Winnings bonus is a sportsbook promotion that pays out double the normal winnings when specific betting conditions or event outcomes are met. This bonus typically applies only to winnings, excluding the original stake amount.
How Double Winnings Bonuses Work
Double winnings bonuses activate under predetermined conditions set by the sportsbook.
Example
A sportsbook offers a double winnings bonus for the Super Bowl if your selected team wins by more than 14 points. A bettor places a $50 wager at odds of +100 (even odds). Normally, the bet would yield $50 profit plus the original stake ($100 total). If the team wins by 17 points (fulfilling the bonus condition), winnings double to $100 profit, returning $150 total (original $50 stake + $100 profit).
Conditions Typically Associated with Double Winnings Bonuses:
- Event-specific: Usually available only on select sporting events or specific markets.
- Winning margin or performance requirements: Often activated if a team or player meets a particular winning margin or performance metric.
- Limited stake amount or capped winnings: Frequently includes a maximum allowable stake or cap on additional winnings.
- Single-use or limited-time availability: Typically applies once per event or within a specific promotional timeframe
Pros and Cons of Double Winnings Bonuses:
Pros:
- Potentially significant increase in returns if conditions are met.
- No additional wagering requirements beyond initial bet.
- Rewards bettors for accurately predicting specific outcomes or margins.
Cons:
- Conditional: additional payout requires specific, often difficult conditions to be met.
- Bets failing to meet precise conditions earn only standard winnings.
- Usually capped at maximum winnings or stake limits, restricting total bonus payout.
Potential Risks and Dangers of Double Winnings Bonuses:
- Encourages placing wagers based on bonus potential rather than odds value or betting strategy.
- May prompt bettors to pursue higher-risk wagers (such as specific winning margins or outcomes) instead of safer betting options.
- Could increase impulsive betting behaviors due to appealing promotional conditions.
Wagering Requirements Associated with Double Winnings:
Typically, Double Winnings bonuses have no further wagering requirements. The additional winnings are usually paid out as immediately withdrawable cash.
Example
A bettor places a $30 wager at odds of +150 (1.5:1) with a double winnings bonus if a soccer team wins by at least three goals. Normal winnings would be $45 profit (plus $30 stake = $75 total). If the condition is met, the winnings increase to $90 profit ($135 total). This extra amount is typically cash and withdrawable without additional wagers.
Real Examples from Popular Sportsbooks
- FanDuel occasionally offers double winnings on major sporting events, such as "Double your winnings if your NFL team wins by 10+ points."
- Hard Rock Bet has provided event-specific promotions like "Double Winnings if your MLB selection wins by five or more runs," clearly outlining the conditions.
- BetMGM runs promotions such as "Double Winnings on NBA games if your selected team scores over 120 points."
