Using a Free Bet or Free sportsbook bonus is a great way to get started with an online sportsbook and betting site.
Take a look at a range of free bet offers below to help you get ahead on your betting journey. Online sportsbooks will often put out an exclusive free bet, promo, or bonus offer for you to get up and running with the book. All the operators listed below are legal in the US, and all offer some kind of new player welcome bonus to get you started.
You can sign up for any of the books below in any US state, but you need to be in a regulated & licensed state to place your wager.
A sportsbook will likely shout from the rooftops about an initial bonus offer they have to draw in new clients. But whether you’re completely new to the game and need some understanding of how sportsbook bonuses work or a seasoned veteran looking to get the most bang for your buck, it can be hard to cut through the noise and determine which one is the best.
We’ve compiled a list of the best sportsbook bonuses & promotions available from reliable and trusted online sportsbooks. Using a free bet offer is a fantastic way to bet for free and win money. Competition in the US sports betting market is really heating up and new operators are coming to market offering some huge free bets and promo offers to draw in new customers.
We have bonuses listed for all the best legal US Sportsbooks, including DraftKings sportsbook, BetMGM, PointsBet, and many more! Using free money betting is one of the best ways to wager at a new sportsbook.
It is important to note that not all sportsbook bonuses are created the same. Some are real cash, some are match plays/free plays, and almost all have different rollovers and holds before you qualify to submit for a withdrawal/pay-out. Like everything, there are good and bad points for each, but there will be something suitable for everyone. FanDuel for example offers a $1,000 risk free bet, whilst rival operator, PointsBet, offers a $2,000 matched bet.
You may also want to see our guide to matched betting in the USA for tips on how it works. Below we explain in more detail the different types of sportsbook deposit bonus that are available to use online. Arbitrage Betting is also a very popular way to use a free bet offer for US bettors.
Widely regarded as the most common sportsbook sign-up bonus is a match bonus (also called a cash bonus), where a percentage of your first deposit will be “matched” by the sportsbook (up to a certain dollar amount). For a match bonus, it’s a standard procedure for the rollover requirements to include not just the deposit amount, but also the bonus amount awarded.
A great example of this is the $250 matched bet from BetRivers. You need to use promo code 250MATCH to claim the offer. It is one of the best free sports betting bonus offers on the market.
A cash bonus does what it says on the tin. It’s cash in your account balance. In essence, the sportsbook essentially pays you to try them out. If you deposit $100 for a 20% bonus, your balance is $120. A free-play is talked about in a similar way to a cash bonus. The sportsbook might have the same type of advertisement around the web or on its homepage: “Get Your 20% Bonus!” But this sucker here is 20% in free bets. That means the same $20 free play only becomes $20 in your balance if you win $20 betting it. A free-play is roughly worth half of its cash bonus counterpart. If you bet that $20 on an even money baseball team, you have about a 50% chance of winning and, therefore, a 50% chance of turning that free bet into cold hard cash. So, that free-play is worth 10% cash to you.
However, when you look into the intricacies of this, you can find advantages to suit you. On the surface, a 20% free play bonus might sound better than a 15% cash bonus, but don’t be fooled. The 15% cash bonus is a stronger play. If you bet $100 with a cash bonus, you will have $190 in your account if you win. If you bet $100 with a free play bonus, you will only have your bankroll increased by $90.
Claiming money back as a free bet is still a relatively new concept when it comes to bonuses and promotions. Good examples of this type of bet would be:
In all of the above examples, your free bet award will be without the initial stake, so you’ll only receive the winning portion should your free bet win.
To get your hands on one of the sportsbook bonuses or completely free no deposit bets, you need to join and then, in most cases, deposit. It’s real easy to join a book online. Just head to any of the operator’s sites using the buttons and links above, then press join. You will need to enter some basic details, name, address, cell number, email, social security digits (usually last 4), then pick a username, fund your account and get set to wager. Some operators require you to use a sportsbook bonus code to claim the offer.
Pro Top Tip – Use a few (at least 2) Sportsbook betting sites so you can get a few welcome bets and also compare lines and odds across more than one book.
Pro Top Tip 2 – If there is one, sign up for the sportsbooks reward, VIP, or loyalty program. You can get money back and rewards every time you place a wager.
There is generally no limit on which sport you can wager on using a free bet offer. For example, you can use a soccer free bet to put $20 on your favorite team, or you can use it to back your favorite golfer to finish top in the open. Generally, most of the best free bets for new customers come from new operators who try to attract new players from the get-go. Don’t let this put you off. A lot of operators regularly hand out bonuses for existing customers as well.
Most sportsbook bonus offers will have rollover requirements associated with them. This requires a player to roll over their deposit and bonus a certain amount of time to become eligible for cashout. This is a crucial factor when deciding which sportsbook offer is the right fit for you. Usually, the rollover terms will be around 3 – 5X on a particular promotion, so if you deposited $500 and received a 20% cash bonus requiring a 3X rollover, you would then need to put $1,800 into play before you can cash out.
You can sign up for a sportsbook from any US state, but, you need to be in a state where sports betting is legal before you can place your bets. You can see our state guide for an up-to-date list of which states allow sports betting. The states listed below are the most popular states where sports betting is allowed online and on mobile sports betting apps.
There is no doubt that one of the reasons online betting is now so mainstream is because of the many fantastic deals there are to be had. Many of the pro handicappers from Las Vegas choose to bet online instead of at the casinos on the Strip because of that very reason. With so many sportsbooks bombarding you with free bets and other promotions, it is certainly worthwhile to spend a little bit of time choosing the right one. You work hard for that paycheck, right? May as well top it up with a promo bonus.
Head to their promotions page and check out exactly what each site offers. You might want to take advantage of a sizeable risk-free bet or be more drawn to that impressive matched bet bonus. Check out what offers are available on your favorite sports too – there’s no point in joining a site that is geared towards offering NFL promotions if you don’t know your Deshaun Watson’s from your Russell Wilson’s. Choose the right free bet offers, and your sportsbook account could enjoy a nice, healthy boost and some decent returns. Using these offers with a good strategy is an excellent way to make money betting on sports.