Sports Betting ⭐️ Best Sports Betting Bonuses for May 2024

If you're looking for a sports betting bonus, you have come to the right place.

We have compiled a list of the best sports betting bonuses. We've done thorough research in order to provide you with the most important information required for you to start claiming your bonus today. You can pick a bonus from our list below to get started right away!

The sports betting sites in our list have been carefully vetted, and are all safe to bet on.

The Best Sports Betting Bonuses

1
galacticwins casino logo
Worldwide Players Accepted

No deposit offer

0 Free Spins

Wagering Terms: N/A

Deposit bonus

100% up to $1500

On deposit: 270 Free Spins

 
CLAIM BONUS
18+ New Players Only
18+. New players only. Minimum deposit of $10. Casino bonuses cannot be wagered on live casino, table games and instant games. Please play responsibly. Casino terms and conditions apply.
2
Great win casino logo
Worldwide Players Accepted

No deposit offer

0 Free Spins

Wagering Terms: N/A

Deposit bonus

100% up to $500

On deposit: 150 Free Spins

 
CLAIM BONUS
18+ New Players Only
18+. New players only. Minimum deposit of $10. Casino bonuses cannot be wagered on live casino, table games and instant games. Please play responsibly. Casino terms and conditions apply.
3
vulkan vegas casino logo
Worldwide Players Accepted

No deposit offer

0 Free Spins

Wagering Terms: N/A

Deposit bonus

100% up to $500

On deposit: 150 Free Spins

 
CLAIM BONUS
18+ New Players Only
18+. New players only. Minimum deposit of $10. Casino bonuses cannot be wagered on live casino, table games and instant games. Please play responsibly. Casino terms and conditions apply.
4
Sportaza casino logo
Worldwide Players Accepted

No deposit offer

0 Free Spins

Wagering Terms: N/A

Deposit bonus

100% up to $500

On deposit: 200 Free Spins

 
CLAIM BONUS
18+ New Players Only
18+. New players only. Minimum deposit of $20. 35x wagering requirements. First deposit bonus spins are added as a set of 20 per day for 10 days. Please play responsibly. Casino terms and conditions apply.
5
Casombie casino logo
Worldwide Players Accepted

No deposit offer

0 Free Spins

Wagering Terms: N/A

Deposit bonus

100% up to $500

On deposit: 100 Free Spins

 
CLAIM BONUS
18+ New Players Only
18+. New players only. Minimum deposit of $20. 35x wagering requirements. First deposit bonus spins are added as a set of 20 per day for 10 days. Please play responsibly. Casino terms and conditions apply.
6
Winz casino logo
Worldwide Players Accepted

No deposit offer

300 Free Spins

Wagering Terms: 0x

Deposit bonus

15% cash back on live games

On deposit: N/A

 
CLAIM BONUS
18+ New Players Only
18+. New players only. The minimum deposit to receive a gold spin is $100. The minimum deposit to receive a silver spin is $50. The minimum deposit to receive a bronze roll is $20. Please play responsibly. Casino terms and conditions apply.
7
Bluvegas casino logo
Worldwide Players Accepted

No deposit offer

0 Free Spins

Wagering Terms: N/A

Deposit bonus

Bonus up to $2000

On deposit: 200 Cash Spins

 
CLAIM BONUS
18+ New Players Only
18+. New players only. On your first deposit at BluVegas, get a 100% Deposit bonus up to $500 plus 100 cash spins at Starburst. On your 2nd deposit, get a 50% deposit bonus up to $500 and play an additional 50 cash spins at Starburst. On your 3rd deposit, 25% deposit bonus up to $1000 plus 50 cash spins at Starburst.
8
Spinfever casino logo
Worldwide Players Accepted

No deposit offer

0 Free Spins

Wagering Terms: N/A

Deposit bonus

Bonus up to $2000

On deposit: 200 Free Spins

 
CLAIM BONUS
18+ New Players Only
18+. New players only. Minimum deposit: $30 First deposit bonus: 100% up to $500 + 50 Free Spins. Second deposit: 100% up to $500 + 50 Free Spins. Third deposit: 50% up to $1000 + 100 Free Spins.
Five Step Guide On How To Claim Our Bonuses And Sign up For Online Betting
How to Claim the Best Sports Betting Bonuses in 2023

Five Step Guide On How To Claim Our Bonuses And Sign up For Online Betting

Time needed: 30 minutes

How to claim our bonuses and register for online betting

  1. Claim Bonus

    Take a look at our carefully curated list of betting bonuses above this list. Pick out the one that you prefer, and click “CLAIM BONUS” to sign up for that specific website.

  2. Register

    Navigate to the “sign up” or “create account” section, where you put in your details. Remember to give the correct details as you will most likely need to KYC your account, and provide them with documentation to prove that you’re a real person.

  3. Deposit

    More often than not, the welcome bonus you will receive will automatically be credited to your account. In case the bonus is a 100% bonus of your initial deposit, you will have to proceed to making a deposit first. Locate the banking section on the website, and choose your preferred method of funding. We tend to go with a credit card most of the time.

  4. Start betting

    You’re now set to start betting. Remember to carefully read the terms regarding the bonus so that you are aware of the wagering requirements. These will tell you how many times your initial deposit you need to wager in order to withdraw your winnings. Be aware that in the case the bonus is a freebet, you most likely will not have any  wagering requirements on the bonus.

  5. Withdraw your winnings or continue playing

    When you have completed your wagering requirements for the bonus, you are now free to withdraw your winnings. Head to the banking section again and withdraw easily to the same payment method you used for funding the account. Keep playing at this sportsbook if you enjoy it, or pick another one from our list and use the bonuses you can get!

Different Types of Sports Betting Bonuses
Learn About the Different Sports Betting Bonuses

Different Types of Sports Betting Bonuses

Bonuses function as a magnetic force, drawing in both novices and seasoned punters alike, and often play a pivotal role in shaping the sports betting experience. The betting sites offer these bonuses as a way to entice you to play on their site, or to keep you playing.

Remember to read and understand the terms and conditions associated with each bonus before proceeding, as they can sometimes contain wagering requirements or other limitations. Let’s have a look at the bonuses normally offered by sportsbetting sites.

Welcome Bonuses For Online Betting

The Welcome Bonus is often the first contact point between you as a new player and the online sportsbook. Generally, this bonus matches a certain percentage of your first deposit up to a fixed amount. For instance, a sportsbook might offer a 100% match on your first deposit up to $200, meaning that if you deposit $200, you'll have $400 to wager.

No Deposit Sports betting Bonuses

Offering a stark contrast to the previous bonus type, no deposit bonuses provide new bettors with a small amount of free money to start betting, even before making a deposit. Though the amount is usually not substantial, it serves as a splendid opportunity to test the waters and understand the platform before making a financial commitment (depositing money).

Risk-Free Bets

Risk-free bets are like free spins, a fantastic way to explore without the fear of losing money. Essentially, if your first bet loses, the sportsbook will refund the amount up to a certain limit. This provides you with a safety net, allowing you to take a few risks without having to worry about losing their initial investment.

Enhanced Odds On Sports Bets 

Also known as “Price Boosts,” enhanced odds bonuses offer greater returns than the standard market rates. These are often provided for specific sports events, making them a great way to increase potential winnings.

Parlay Bonuses

Parlays are high-risk, high-reward bets that involve multiple selections on a single wager. To encourage bettors to take on these challenging bets, sportsbooks often offer Parlay Bonuses. These bonuses provide extra winnings based on the number of selections in your parlay, and the increase in potential winnings can be substantial.

Cashback Betting Bonuses

The Cashback Bonus serves as a form of insurance, softening the blow of a losing bet. Under this, a percentage of your losses is returned to you as a bonus, providing a silver lining to an otherwise unfortunate situation. It helps to mitigate the effects of a bad run, keeping your betting balance in a healthier state.

How to Find the Best Betting Bonuses
Where to Find the Best Sports Betting Bonuses

How to Find the Best Betting Bonuses

There are multiple online platforms that offer competitive bonuses, but Gambtopia remains a cut above the rest. Let me run you through the key reasons why you can comfortably stick with us for the best sports bonuses.

  1. A Wide Array of Betting Sites: Gambtopia provides access to a vast array of reputable and secure online sportsbooks. Our platform conveniently brings the best betting sites under one roof, allowing users to compare and choose from various options.
  2. Up-to-Date Bonuses: Sports bonuses change frequently, responding to different sports events and market conditions. We have custom built software to automatically update our bonus lists every hour so you always have the best bonuses available right at hand.
  3. Bonus Categories: Bonuses are not created equal. Some cater to newcomers, while others appeal to seasoned bettors. To aid in the search, we categorize bonuses based on their nature such as Welcome Bonuses, No Deposit Bonuses, Cashback Bonuses, and so on.
  4. Transparent Conditions: We ensure all the casinos we promote have terms and conditions that are clearly detailed, providing bettors with a comprehensive understanding of what to expect. We wish to reduce unpleasant surprises and allow for better-informed decisions.
  5. User Reviews and Ratings: We take the user experience very seriously and include reviews and ratings for the listed sportsbooks and their bonuses. This feedback from fellow bettors offers a genuine insight into the performance and reliability of the betting sites and their bonuses. All the casinos or sportsbooks we recommend have also been fully tested with both deposits, wagering and withdrawals.
Spot the Good vs. Bad Online Betting Sites
Whats Defines a Good Sports Betting Site

Spot the Good vs. Bad Online Betting Sites

The betting sites we recommend at Gambtopia has been carefully vetted and tested before they make it to our list. Should you choose to go looking for betting sites elsewhere, I'll give you some hallmarks of reputable platforms, and red flags to watch out for in less reliable ones.

Signs of a Good Betting Site

  • Wide Range of Sports: A high-quality betting site covers a broad array of sports, catering to different preferences. They offer everything from popular games like soccer and basketball to niche sports like darts and esports. Variety is indeed a sign of a superior platform.
  • Competitive Odds: Top-tier betting sites offer competitive odds, ensuring bettors get the best possible returns on their wagers. These platforms strive to keep their margins low, which results in better payouts for their customers.
  • Licencing and Regulation: Reputable sports betting sites operate under strict licensing and regulation. Always check for licensing information at the bottom of the website; authorities like the Malta Gaming Authority (MGA) or the UK Gambling Commission (UKGC) are good indicators of a reliable platform.
  • Strong Security Measures: Reliable betting sites prioritize user security. They use advanced encryption technologies to protect user data and transactions. Look for the small padlock symbol in the website address bar as a sign of secure and encrypted connection.
  • Responsive Customer Service: Good sports betting sites offer swift and helpful customer service, available round-the-clock. They should provide multiple contact channels such as live chat, email, and phone support.

Red Flags for Bad Betting Sites

  • Limited Betting Options: Sites offering a limited range of betting options or only focusing on popular sports may not provide the most comprehensive betting experience.
  • Hidden Terms and Conditions: If a sportsbook hides its terms and conditions or makes them difficult to understand, proceed with caution. Transparency is paramount in ensuring a fair betting environment.
  • Poor or Non-Existent Customer Support: A lack of efficient customer support is often a sign of a subpar betting site. Responsiveness to customer queries and issues is a crucial aspect of a good betting platform.
  • Negative Reviews and Ratings: Poor user ratings and negative reviews should raise immediate red flags. Always research and read reviews from other users before settling on a betting site.
✅ Good Betting Sites❌ Bad Betting Sites
📌 Sports RangeWide range, including popular and niche sportsLimited to popular sports only
📌 FeesCompetitive, offer good benefitsLess competitive, reducing profitability
📌 Licensing and Regulation.Operate under recognized regulatory authorities (MGA, UKGC, etc.)Lack of clear licensing or regulatory information
📌 Safety measuresAdvanced encryption technologies for data protectionLack of clear security measures
📌 Customer ServiceResponsiveness, available 24 hours a day, 7 days a week, multiple contact channelsPoor or no support
📌 Terms and ConditionsTransparent, clear and easily accessibleHidden or difficult to understand
📌 Users' Opinions and RatingsPositive feedback and high user ratingsNegative feedback, low ratings or lack of comments
Summary of what to look out for in good and bad betting sites
Learn About Wagering Requirements in Sportsbetting
What You Need to Know About Wagering Requirements for Sports Betting

Learn About Wagering Requirements in Sports Betting

In simple terms, a wagering requirement is the number of times you must stake or bet your bonus amount before it becomes withdrawable. For instance, if a $100 bonus has a 5x wagering requirement, you must place bets totalling $500 before you can withdraw any winnings derived from the bonus.

These are protective measures for betting sites to prevent bonus abuse. Without these, a bettor could simply withdraw the bonus amount without placing any bets, which would be financially unsustainable for betting platforms.

You identify these by checking the terms and conditions of the bonus. If it states ‘10x wagering requirement’ you must bet ten times the bonus amount before withdrawing winnings.

Important Factors To Consider 

  • Contribution of Different Bets: Not all bets contribute equally to meeting the wagering requirement. While some bets may contribute 100%, others might contribute only 50% or less. Always check the terms and conditions to understand this aspect.
  • Time Limits: Most bonuses come with a time limit within which the wagering requirements must be met. Failing to meet these requirements within the stipulated time could result in the forfeiture of the bonus and any associated winnings.
Online Sports Betting vs. In-Person Betting
Difference Between Online and In-Person Sports Betting

Online Sports Betting vs. In-Person Betting

The choice largely depends on your personal preferences and circumstances. Each approach offers its own unique set of advantages and disadvantages. Personally we rarely do in-person betting, and stick to the online ones – but we also love a great bonus. If you prefer a social experience or the tangibility of physical betting, then in-person betting might be for you. Let’s have a look at the pros and cons of the two.

Online Sports Betting

  • Convenience: The most prominent advantage of online betting is the convenience it offers. You can place a bet from anywhere, anytime, as long as you have internet connectivity, providing a high degree of flexibility.
  • Variety of Sports and Bets: Online platforms typically provide a wider array of sports and bet types than traditional brick-and-mortar bookies. 
  • Bonuses and Promotions: Online sports betting sites often offer a range of bonuses and promotions, from welcome bonuses to loyalty programs, enhancing the overall betting value.
  • Live Betting: Online betting allows for live, or “in-play” betting, which lets you place bets in real-time as the action unfolds. This is a feature typically unavailable in traditional betting shops.

In-Person Betting

  • Social Experience: In-person betting can provide a unique social experience, especially if you're betting at a sports bar or at the venue of the event itself. The camaraderie and collective excitement of fellow bettors can add a different dimension to the betting experience.
  • Physical Money Handling: Some bettors feel more comfortable dealing in cash and receiving immediate payouts. In-person betting caters to this preference.
  • No Technological Dependencies: In-person betting doesn't require a stable internet connection, nor does it need you to be tech-savvy. It’s the old school method, walking into a shop and setting your x’s on the paper – an enjoyable ritual for many!
Mobile Sports Betting
Why You Should Use Mobile to Bet on Sport

Mobile Sports Betting

We have always valued a good mobile platform for both the casinos and betting sites we have been using – and it’s always an important factor we consider when we recommend a platform. Here's three things we value when deciding to approve a mobile sports betting site

  • User-friendly Interface: Whether you're a seasoned bettor or a beginner, navigating through betting options, placing bets, or withdrawing your winnings should be straightforward and efficient.
  • Instant Updates: This feature keeps you updated with the latest odds, results, and other crucial information, helping you make timely and informed betting decisions.
  • Live Betting: The ability to place bets in real-time as the action unfolds is a standout feature of mobile sports betting. We feel like live betting brings an additional thrill, allowing you to respond instantly to changes during the game.
Frequently Asked Questions About Online Sports Betting
The Most Asked Questions About Online Sports Betting

Frequently Asked Questions About Online Sports Betting

Can I sign up for multiple betting sites to claim multiple bonuses?

Yes, you can sign up for multiple online betting sites to claim various bonuses. However, remember to read the terms and conditions of each bonus and consider the wagering requirements. It's also crucial to maintain responsible betting practices even when taking advantage of multiple bonuses.

Can I place bets on mobile sports betting platforms using any smartphone?

Most modern smartphones that run on Android or iOS should support mobile betting apps. However, ensure that your device's operating system is up-to-date for the best experience.
Always download betting apps from official app stores or the betting site itself to avoid unsecured versions.

How can I verify the licensing and regulation of an online betting site?

Online betting sites usually display their licensing and regulation details at the bottom of their homepage. You can verify these details by visiting the website of the respective regulatory authority.

Can I set betting limits on my account for responsible betting?

Yes, most reputable betting platforms allow users to set betting limits, deposit limits, and even self-exclusion periods to promote responsible betting.

How quickly can I expect my winnings to be paid out from an online betting site?

Payout times can vary depending on the betting site and the withdrawal method chosen. While some sites process payouts instantly, others might take a few business days. It's advisable to check the payment policies of the betting site for specific details.

How are odds determined in sports betting?

Odds in sports betting are determined by bookmakers based on the perceived probability of an event. Factors such as team/player form, historical statistics, injuries, and even weather can influence odds. The odds can fluctuate leading up to and during the event based on the betting behavior of the public.

What happens if the sports event I bet on gets canceled?

In most cases, if a sports event you have placed a bet on gets canceled or postponed, your bet is typically voided, and your stake is returned. However, different betting sites may have different policies, so it's advisable to check their specific rules or terms and conditions.

Can I cancel or change my bet after placing it?

Generally, once a bet has been placed and confirmed, it cannot be altered or canceled. This is why it's crucial to double-check your bets before placing them. However, some betting sites may offer features like ‘Cash Out' or ‘Edit Bet' that allow some level of flexibility after placing a bet.

Is there a minimum age requirement for online sports betting?

Yes, there is a minimum age requirement for online sports betting, which typically is 18 or 21, depending on the jurisdiction you are in. It's essential to check the legal age requirement in your location before participating in betting.

Can I trust the odds offered by online sports betting sites?

Reputable online sports betting sites follow strict regulations and are audited by independent bodies to ensure fairness and transparency in their operations, including the calculation of odds. However, it's still a good practice to compare odds across different sites to ensure you're getting the best value.

Can I bet on international sports events from my country?

Most online betting platforms offer a wide range of international sports events for betting. However, it's crucial to verify that the betting site accepts users from your country and that betting on international sports events is legal in your jurisdiction.

How does ‘In-Play' or live betting work?

‘In-Play' or live betting allows you to place bets on a sports event while it is ongoing. The odds for different outcomes change dynamically based on the progress of the game. It's a popular betting format as it allows bettors to respond to the action in real-time.

Sources

All information have been fact-checked prior to publishing. We have used reliable sources to gather information for this article.

https://single-market-economy.ec.europa.eu/sectors/online-gambling_en

William West - Industry expert and Chief Editor at Gambtopia
William West
Chief Editor

William West is an award-winning publisher and recognized expert in the iGaming industry. He is known for sites such as Gambtopia and more.

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