How Sportsbook Bonuses Work

Legal online sportsbooks know that once they sign up a new bettor, they will likely have their business for a while. This is combined with a strong wish to show those who have not bet online for a long time what today’s sportsbooks can offer. They figure once you try live betting, see their apps and check out the huge amount of sports and lines on offer, you’ll stick around!

Free bets are loss-leaders to get you in the door. There are several different types to look out for.

Generous and regular offers of free bets are a strong indication of the value a betting site attaches to you, the punter, by the brand itself. These little added extras go a long way to keeping you happy on the site. To the betting novice, the free.

Free bets are a betting offer that creates a win-win situation for both you and the bookmaker, if you are new to online betting then our betting guide is a good place to start. It’s win-win because the bookmaker gets a new customer and you get a free bet as an introduction to signing up for a betting account with the bookmaker.
We have several betting sites that give free bets without a deposit on BettingLounge. At this time, betting sites such as QuinnBet, Sporting Index, Dafabet, 21.co.uk, Betfair, 888Sport, and Paddy Power all give.

No Deposit Bonuses: Typically, a small bet (think $10 to $25) just for registering.
Risk Free Bets: Here you’ll bet with your own money, if your selection loses, the sportsbook will refund your stake in the form of a new bet.
Matched Bet Offers: Sportsbooks will offer a free bet based on the amount you initially bet at their site.
Free Bets: This type of free bet gives you a specific amount of bonus betting based on reaching milestones. For example, wager $500 and get $100 in free bets.

Once you are a regular customer of a book, they will offer even more incentives. This can include loyalty (points based) schemes, special lines or risk-free wagers or promotions – which can be regular or one-off. There are also offers which return your stake on parlay bets where just one of your selections loses.

Who Can Take Advantage of Sportsbook Bonuses?

At the time of writing New Jersey, Indiana, West Virginia and PA has online sportsbooks. Each state has its own regulations surrounding online sports betting. To be able to take advantage of their offers, you need to be physically inside the state borders. While you can’t bet from outside these states, there is no requirement to be a permanent resident.

You’ll also need to be over 21 (Id will be requested). Sportsbook offers are restricted to one per household, device and person.

How to Claim Your Free Betting Offers?

Depending on the sportsbook, you’ll either receive your free bet automatically on registration, or use a bonus code to claim the offer. You will find information on all the free bet bonus codes here at OnlineGamblingSites.com. Head to the page that covers betting in your state for the full list.

Registering for an account at a regulated book is very easy. You’ll supply your e-mail address, plus some personal information like name, address and date of birth. Following an e-mail approval, your account will be created – and your bonus money will follow. You will be asked to supply backup documents as part of the ‘Know Your Customer’ responsibilities of these sites. If you make a deposit to claim your free bets, this will include backup documents for your deposit method too.

Sportsbook Bonuses & Free Bet Offers Explained

As you will see from the detailed information below, there are plenty of specific terms and rules for the different free bet bonuses. These often have a minimum odds requirement, with -200 the benchmark. This stops people taking advantage of the offers on huge favorites.

With all the examples below, I strongly recommend that you read the terms and conditions before you place your first wager.

1. “No-Deposit Sportsbook Bonuses”

This is the single most popular form of sportsbook bonus for obvious reasons. You get to bet real money for free – and in many cases you keep all of your winnings. These deals range from $10 through to a maximum of about $50. They work by giving you a single bet which needs to be at odds of -200 or better. If your selection wins, then you get the profit from this, though not the stake part.

For example, if you bet $20 of your own money on a money line of 110, then you’d get $22 in profit + your $20 returned = $42 back. That same bet with free money will only see the $22 land in your account.

An important factor with “no deposit bonus” offers is time. These are often very short duration (though this can vary). If your offer only lasts for 7 days, then you can’t use it for futures bets. The offer would have expired by the time the wager is settled. Some books may also restrict the type of bet you can make. Examples include no parlays or only popular lines on major leagues.

Example of a No-Deposit Bonus in Action: Unibet Accepted in PA, NJ & IN

Unibet Sportsbook now has a live sportsbook, and an online site using the popular European brand. You can access this via apps or a website, with the technology powered by Kindred Group – a respected global operator.

Unibet offers a $30 no-deposit bonus for all new sign-ups. Here are the steps:

Use this link to register your account via Unibet
You’ll receive $30 free, which must be used for a bet within 7 days
Odds must be greater than -200 to qualify
Winnings from this bet will be credited, though the stake will not be returned

This is a simple bonus, with no additional wagering requirements. What I like best about this free bet is that you can still claim the 100% up to $600 risk free welcome bonus at any time.

Free Betting Sites with No Deposit Bonus Offers

The list below is a complete list of legal online sportsbooks offering no deposit offers. I’ve sorted the list by legal state. If you’re not in one of the legal states, you can take advantage of either DraftKings or FanDuel DFS offers.

Rank	Sportsbook & Casino	No Deposit Bonus	Get Your Bonus
1.	DraftKings Sportsbook	$25	Get Bonus!
2.	Unibet Sportsbook	$30	Get Bonus!
3.	FoxBet Sportsbook	No	Get Bonus!
4.	Golden Nugget Sportsbook	No	Get Bonus!
5.	BetMGM Sportsbook	No	Get Bonus!

2. “Risk-Free Bets”

You will normally need to make a deposit to take advantage of a risk free bet bonus. The idea is simple. You make a bet and get your stake back if it loses. If you win, then there are no further actions required – your bankroll is already off to a great start.

Batel poker club. If your first bet loses, then your stake is returned in the form of a new bet. Since this can’t be withdrawn, these offers are not entirely risk-free. Having said that, you can always bet the bonus money on a strong favorite (as long as the odds are better than -200). You will also need to bet this bonus money all at once, splitting it into several smaller bets is not normally permitted.

While these are generous bonuses and removing much of the risk gives new bettors a big boost, there are drawbacks. To get the best from these, your first bet often needs to be big. For example, if your regular ‘fun’ bets are in the $20 range, then betting $200 in one go might be outside of your comfort zone. Once again, time limits will vary between the sportsbooks.

Online Betting Sites with Risk Free Bets

Rank	Sportsbook & Casino	Legal States	Risk Free Bet	Get Your Bonus
1.	Unibet Sportsbook	NJ, PA, IN	Up To $600 Risk Free Bet	Get Bonus!
2.	DraftKings Sportsbook	PA, NJ, IN, WV, IA, CO, NH, IL	Risk Free First Bet Up To $500	Get Bonus!
3.	Borgata Sportsbook	NJ	$100 In Free Bets When You Bet $20	Get Bonus!
4.	BetMGM Sportsbook	NJ,

2021.03

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