There might not be a more competitive industry in existence today than online sports betting. Every day, it seems as though another site is opening up to enter the fray. More countries and states around the world are moving to legalize and regulate the industry in order to snare their piece of this massive earnings pie.
With so much competition, naturally one of the real winners in this battle are going to be the customers. Online betting sites are constantly devising unique methods to lure players to join up at their site. One of the key components in getting newcomers to sign on the dotted line is via a signup bonus.
Generally, a signup bonus comes in three varieties. There are no-deposit bonuses, which are basically free cash to wager at the site. Risk-free first bets are just as they say. A minimum and maximum amount is established. Wager at least the minimum and no more than the maximum. If your bet doesn’t come in, the site will refund the entire amount, usually in the form of site credit. The third common signup bonus is a matching first deposit bonus. In this instance, the betting site will agree to match a percentage of a player’s first deposit to their account. Check out the sports books reviews to see which bonus offers are available from the respective online sports betting sites.
Or read on to discover the best signup bonuses offered by the leading online sportsbooks.
When you’ve been in the business since 1994, it’s evident you’ve built up a reputation that has stood the test of time. Bovada is that company. Reliable, trustworthy and helpful, welcoming and encouraging to new players.
Part of that encouragement comes from their solid signup bonus. At Bovada, they offer newcomers a 100 percent welcome bonus. Deposit a minimum of $20 up to a maximum of $250 and Bovada will match your entire deposit. The bonus money should arrive into your account within 30 minutes of making that first deposit.
The bonus funds can be used to place wagers in their sportsbook, racebook, or online casino. The bonus amount comes with a 5x rollover requirement in the sportsbook and racebook. The rollover requirements increase to 30x if the bonus funds are played in the online casino.
Everyone likes to have options and at BetOnline, those options are provided. They offer new customers two choices when it comes to their signup bonus.
The first choice is a 50 percent matching first deposit bonus worth up to $2500. The second option is a 100 percent matching first deposit bonus that maxes out at $1000.
If you take the first option, in order to maximize your bonus funds, you’ll need to deposit $5000. With the second option, you only need to deposit $1000 to garner the full bonus amount.
Either way, use of the bonus funds is restricted solely to the BetOnline sportsbook. And you’ll be required to rollover the bonus amount 10x before it can be withdrawn from your account.
One of the most lucrative signup bonus offers can be garnered at BetUS. They offer a 125 percent signup bonus combining their sportsbook and online casino that can garner new players as much as $3125 on their first deposit.
With a minimum deposit of $100 up to a maximum of $2500, newcomers to the BetUS sportsbook will receive a 100 percent matching first deposit bonus. It comes with a 10x rollover requirement attached.
There’s a 25 percent matching first deposit at the BetUS casino that is worth up to $625. New players would need to deposit $2500 to their BetUS online casino account to max out this bonus offer. There’s a 30x rollover requirement attached, as well as a maximum cashout limit of $5000.
MyBookie offers all new customers a 50 percent matching bonus worth up to $1000 on their first deposit. New players will need to deposit $2000 to maximize this bonus. To activate the bonus, it comes with a minimum deposit requirement of $50.
MyBookie bases rollover requirements on the amount of bonus received. It will fall somewhere between 5-15x. Check the MyBookie terms and conditions page to get the details on their rollover stipulations.