Gambling Sites Β» Best Betting Sites with Welcome Bonus Codes & Promotions

Get the Best Betting Sites with Welcome Bonus Codes & Promotions in 2024

Last Updated on 14.02.2024
Fact checked by: Ethan Blackwood

Claiming a sportsbook welcome bonus is definitely a smart play. These bonuses are a way for a sportsbook to stand out in a competitive market, so they’re often some of the best offers available.

In this guide, I’ll explain what these bonuses are all about. I’ll shed light on their advantages and disadvantages, guide you on how to spot the best ones, and share some expert tips to help you get the most out of them.

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Compare the best betting sites with welcome bonus

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High5Casino
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4.5/5
Requirements (WR):
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NetEnt
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665
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Yes
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VIP Program
Yes
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PayPal
ACH
Direct Debit
Accepts Customers from
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Cashout available
Yes
VIP Program
Yes
Software Providers
NetEnt
Booming Games
Number of Slots
433
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4.4/5
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Currencies
Chips
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1 USD = 1,500,000,000 Chips
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No
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Yes
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Betsoft Gaming
Play'n GO
Gamomat
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1342
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USA
USA
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Currencies
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Gold Coins
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No
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No
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πŸ’² Understanding welcome bonuses

The world of sports betting is fiercely competitive. To stand out, sportsbooks often provide you with a special betting bonus, with welcome bonuses being a popular choice. These bonuses vary – they might be risk-free bets, cashback, or even a no-deposit bonus sportsbook. However, the most common type is the deposit match bonus.

This is where the sportsbook matches a portion of your first deposit, often between 50% and 200%. The main goal of these bonuses is to welcome and reward you for signing up. They tend to be quite generous, aiming to make a strong first impression. Therefore, if you’re not taking advantage of these bonuses when signing up at a sportsbook, you might be missing out on lots of additional betting and winning opportunities. Once you sign up, you can begin making use of this sportsbook bonus to enhance your gameplay.

The key terms and conditions explained

Here’s a table that I’ve put together to help you better understand the key terms often associated with sportsbook welcome bonuses. Understanding these terms is crucial in choosing the right bonus for you.

Key termDescriptionExample
Minimum depositThe least amount you must deposit to qualify for the welcome bonus.$20 minimum to activate the bonus.
Wagering requirementsThe amount you need to bet to be able to withdraw winnings from the bonus. Usually a multiple of the bonus amount.10x the bonus amount.
Eligible marketsSpecific sports or events you can bet on using the bonus funds. Some bonuses may be restricted to certain markets.Only valid for NFL and NBA games.
Time limitsThe period within which you must use the bonus and meet wagering requirements, starting from the time of bonus activation.30 days from the date of activation.

🎾 The pros and cons of sportsbook welcome bonuses

Claiming a sports betting sign-up bonus can be a great way to hit the ground running as a new player. However, as with any bonus, there are some pros and cons to consider.

Sportsbook welcome bonus
  • High deposit bonus amounts
  • Enjoy more betting opportunities
  • Get rewarded for signing up
  • Wagering requirements can be high
  • Only available to new players

Check out our reliable bookies

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Sweeptastic
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πŸ’Ž Criteria for choosing betting sites with welcome bonuses

Sport betting welcome bonuses are extremely common nowadays. Because of this, it’s important to consider the terms of the bonus, and what the sportsbook offers you as a bettor. After all, the last thing you want is to choose a sportsbook solely for its welcome bonus, only to find out later that its odds aren’t competitive, or it lacks the betting markets and sports coverage you’re looking for. Here are the key factors I consider when selecting online betting sites with welcome bonuses:

1. Fair bonus terms

Don’t let a flashy welcome bonus fool you – what really matters are the terms and conditions behind it. It’s all too common for sites to grab your attention with big bonus numbers, only to hit you with sky-high wagering requirements and short time limits. That’s a big no-no because it makes it nearly impossible to make a bonus withdrawal.

So, before you decide to sign up and claim a welcome bonus, take a good, hard look at the fine print. Check out the minimum deposit needed, the max you can withdraw, how long you’ve got to use the bonus, and what the wagering requirements are. This is the best way to see if a bonus is fair or not.

2. Sports betting options

At the end of the day, the main reason to sign up at a sportsbook is to bet on sports. Because of this, you’ve got to take a look at the sports betting options before you sign up and claim a bonus using the sports betting promo code. First things first, make sure the sportsbook has good coverage of your favorite sports.

But don’t stop there – check if the odds are actually competitive. And here’s a pro tip: dive into the types of bets available. You might find out that the site only provides single bets for the sports you love, but then, plot twist, they only let you use your bonus funds on multi bets. So, do your homework to avoid any surprises down the line.

3. Reputation and reliability

Let’s not beat around the bush – picking a legit and reliable sportsbook is essential. Sure, a generous welcome bonus and competitive odds on your favorite sports are great. But if that site isn’t licensed and legit, it should be avoided at all costs. You should always, and I mean always, check for a license from a respected authority.

Don’t just stop there, though. Dig into player reviews and testimonials – what the community says matters. Need a hand? My site’s packed with reviews of all the best sportsbooks. I’ve done the homework for you, only featuring the ones that are licensed and have a solid rep. So, if you’re eyeing a site and it’s on my review list, you can be sure that you’re in safe hands.

4. User experience

Before signing up at betting sites with welcome bonuses, do yourself a favor: take a virtual tour and really get a feel for the place. Ask yourself: Is it a breeze to find what you need? Do pages load quickly? Can you place bets on your mobile phone? And if you encounter issues, is customer support readily available? These are must-answer questions before you commit.

Trust me, the last thing you want is to be stuck with a clunky, hard-to-navigate site. That can be a real nightmare. So, do your homework and ensure you’re signing up for a smooth, hassle-free experience.

🏈 Top tips for using sportsbook welcome bonuses

Even if you claim the best sportsbook welcome bonus, you still need to keep some things in mind to make the most of it and maximize your chances of making a bonus withdrawal. Here are some tips to help you do just that.

Make the most of the first deposit

Welcome bonuses are an effective way for sportsbooks to stand out in the crowded betting market. Because of this, these new user bonus sportsbook offers are typically quite generous, providing you with some of the largest deposit match bonuses you can find. So, it’s a smart move to make the most of it. This way, you’ll get the most bonus funds for your money.

Don’t deposit more than necessary

Building on the previous tip, it’s crucial to note that exceeding the maximum bonus limit won’t bring you extra bonus funds. Take, for instance, a 100% deposit match bonus capped at $100. Depositing over $100 won’t provide you with more than $100 in bonus funds. Therefore, if you’re planning to deposit a larger amount, it’s wise to reserve the extra funds for other bonuses offered on the site. This way, you avoid missing out on the chance to claim additional bonus money.

Check the upcoming fixtures

Before claiming the sportsbook welcome bonus, it’s a smart move to have a look at the upcoming fixtures. This lets you strategize on which sports and events to place bets with your bonus cash. For example, the bonus might have a seven-day expiry limit, and you might see an event that you want to bet on in ten days. In this case, waiting a few days before signing up and claiming the bonus makes sense, as this will ensure you can use the bonus on that specific event.

Keep an eye on the time limits

With most welcome bonuses, the clock’s ticking right from when you sign up. You’ve first got a set deadline to make your first deposit and claim the bonus. Miss this window, and you will lose your eligibility. Plus, there’s another time limit to keep in mind – the one for fulfilling the wagering requirements.

Fail to meet the wagering requirements in time, and you’ll kiss goodbye to your bonus funds and any associated winnings. So, before you sign up, check the time limits and plan your betting strategy to ensure that you can make the most of the bonus within the time limits.

Track the wagering requirements

Wagering requirements represent the amount of times you need to bet your bonus before you can withdraw any winnings. For instance, if you’ve got a $100 bonus with a 10x wagering requirement, you’re looking at betting $1000 to make a bonus withdrawal. Keeping a close eye on these requirements is key. It lets you know exactly how much more you need to bet and ensures you don’t go overboard with your wagers.

Bet responsibly

If a welcome bonus requires a minimum deposit that doesn’t sit right with you, it’s okay to skip it. Remember, there’s always a risk of losing the money you put down to claim a bonus. So, it’s wise to only deposit what you can afford to lose. That’s how you bet responsibly and keep things fun.

Sportsbook welcome bonus conclusion

As we’ve explored in this guide, sportsbook welcome bonuses can be a fantastic way to get started as a new player and benefit from more betting and winning opportunities. But, as we’ve seen, not all welcome bonuses are worth claiming.

To find the best bonuses, you’ve got to read the fine print and make sure you’re not just getting tricked by flashy promos with big numbers. Be sure to check the wagering requirements, time limits, eligible markets, and the sportsbook’s overall credibility. This will ensure that you’ll have a smooth betting experience and a good shot at making a bonus withdrawal.

Kickstart your betting journey with these top bonuses

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πŸ€ Sportsbook welcome bonus FAQ

🏐 How do I claim a sports betting welcome bonus?

To claim a sports betting welcome bonus, first select a reputable sportsbook that offers one. Then, create an account and make your first deposit. During the sign-up process, you might need to enter a specific sportsbook promo code, or the bonus may be applied automatically after making an eligible deposit.

πŸ‘€ How do I find the best betting sites with welcome bonuses?

To find the best free bets no deposit sportsbook welcome bonus, be sure to look for bonuses with fair conditions, like reasonable wagering requirements and time limits.Β Also, consider the variety of eligible sports and betting options to ensure they align with your interests and betting style.

πŸ’΅ How can I withdraw my winnings from a welcome bonus?

Most bonuses come with wagering requirements, which means you need to bet a certain amount before any winnings from the bonus can be withdrawn. For example, if a $100 bonus comes with a 10x wagering requirement, you will need to wager $1000 before being eligible for a withdrawal.

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