The Best Types of Bonuses to Look for When Betting on Sports


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When checking out and picking from one of the great sports betting websites at, there are many different aspects of the site you will want to research. One key thing you will want to check out is the bonuses the website offers. To help you understand these different bonuses, we have an overview of the most popular bonuses available listed below. 

New User Welcome Bonuses

The most popular bonus offered by online sportsbooks is their new user welcome bonus. The welcome bonus is given to new users when they sign up and make their first deposit. The most common welcome bonus given is a match on a new user’s first deposit. Other welcome bonuses you may see include free bet bonuses and refunds on your first wager (if it loses).  

Bitcoin and Other Cryptocurrency Bonuses

If you use Bitcoin (and some other cryptos) and are looking to join a new online sportsbook, check to see if they accept Bitcoin as a form of payment. Many online sportsbooks that accept Bitcoin offer higher bonuses and additional bonuses for those who opt to pay with the cryptocurrency.

Reload Bonuses

Reload bonuses are bonuses given to users making deposits after their first. These are not the most common bonus, so you will have to dig a little deeper to find sites offering them. If you use Bitcoin or another cryptocurrency, you are more likely to get this type of bonus. 

Parlay Bonuses

Some online sportsbooks will offer bonuses to bettors when they parlay bets. This bonus involves offering better payouts to users the more events they parlay on a single ticket. 

Friend Referral Bonuses

If you like an online sportsbook and want to recommend it to a friend or friends, check to see if the site offers a friend referral bonus. If they do, they should provide you with a unique code to send to your friend. Once your friend enters the code and makes their first deposit, both of you should receive some extra cash in your betting account.

Specific Sports and Events Bonuses

Huge events such as the Super Bowl and World Cup draw in the most bettors. Many online betting sites will offer specific bonuses and promotions when you bet on these games and events due to their popularity. Make sure you check out the available promotions and bonuses weeks before they start, so you do not miss out on everything. 

Inactive Incentive Bonuses

Sometimes when you do not use your betting account for a prolonged period of time, you may receive an email from the sportsbook offering you some type of bonus or incentive to start wagering again. These offers can include free bets and deposit bonuses, amongst other things, depending on the sportsbook.

Free Contest Bonuses

This type of bonus (or promotion) is most commonly available on big events such as March Madness and the NFL. It involves filling out a bracket or picking weekly winners for the chance at a prize – most often cash or betting credits. These contests are usually free to all active site users.   

Frequent Bettor Bonuses

Some online sportsbooks offer rewards and bonuses based once how much and how often you wager. These rewards can include betting credits, cash back, or points you can redeem for prizes. You usually need to sign up for these programs – so make sure you do before you start betting on sports and playing online casino games. 

Things to Remember

Always make sure you check out the terms of conditions of every bonus you are interested in. Some bonuses are time-sensitive, some require minimal betting odds to be eligible, while others may require you to rollover the total of the bonus a certain number of times before you can make full withdrawals. It is also smart to sign up for emails from every online sportsbook you use. Doing this will help you stay on top of upcoming bonuses and promotions

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Shashank Jain
Shashank Jain, founder of good-name, a young and energetic entrepreneur has always been fond of technology. His liking for technology made him go for engineering in computers. During his studies, he learned & worked on different computer languages & OS including HBCD, Linux, etc. He also has a keen interest in ethical hacking.

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