- Online Betting Offers No Deposit Fees
- Online Betting Offers No Deposit Bonuses
- Online Betting Deals
- Online Betting Offers No Deposit Bonus
- Online Betting Offers No Deposit Credit Cards
Best Betting Bonus Offers 2020 - No Deposit & Free Bet Promotions Choosing a good bookmaker and sports betting bonus is much easier than it used to be. On this website, you’ll be able to flick through the filtered search criteria and quickly identify terrific bonuses and outstanding bookmakers. No Deposit Sportsbook Bonus. The number one factor that makes people wary of betting is the potential risks involved. Online sportsbooks provide no deposit bonus solutions to new bettors. All sportsbooks offer free bet credits at the beginning of a particular bettor’s sports journey.
There are a few advantages to doing your betting online. The convenience, variety of wagers and ability to compare odds at different tracks all become apparent as you bet. One advantage that makes itself known right away is the variety of promotions. Just visit any race betting website and you’ll see some kind of bonus offer right there on the front page.
All kinds of promotions await you in the competitive world of online horse and greyhound betting. These sites all want your business and go to great lengths to make themselves attractive. Welcome bonuses, ongoing promotions and VIP programs await you at all the major sites.
Betting Site
Rating
Horse Racing Deposit Bonuses
Racing betting bonuses give you cash in return for signing up and betting. After one site started giving out cash bonuses to new customers, all the others had to follow suit. Now you have your choice of all kinds of different deposit bonuses and promotions.
The Quick List:
BetAmerica: 100% up to $300
BetAmerica.com is my all-around favorite thanks to its wide selection of horse races, greyhounds and fantasy sports. Best of all, the site is licensed right here in the United States. It operates legally from its headquarters in North Dakota.
The betting bonus here is a simple one: they double your first deposit for up to $300 extra. This means that if you deposit $20 for example, you’ll play with $40. You can get up to $300 in this manner.
Clearing the bonus: The bonus money is released at a rate of 10% of all real money wagers you place at BetAmerica. So if you place a $25 bet, this will release $2.50 of your bonus money. Another way to put it is you will need to place a total sum of wagers equal to 10 times the bonus to release it all.
Get your bonus: www.betamerica.com
TwinSpires.com: $100 Signup Bonus
The Twin Spires deposit bonus isn’t as big as what they have at BetAmerica, but it’s quite a bit easier to claim. This one doesn’t require any certain size of deposit; you simply get $100 added to your account after you place a total sum of $500 worth of wagers.
Online Betting Offers No Deposit Fees
Terms and Conditions: There isn’t much in the way of T&Cs here. The most important thing to note is that you must place your $500 worth of wagers within 30 days of signing up. Don’t sign up for an account here until you’re ready to deposit and play. That way you’ll get the maximum time to meet the bonus requirements.
Get your bonus: www.twinspires.com
TVG.com: $125 Welcome Bonus
TVG.com has two different welcome bonuses for a total of $125 in extra cash. You’ll get the first $100 after you make a total sum of wagers equal to $200. You can get an additional $25 if you try the mobile site on your smartphone or tablet. Just make a wager of $25 or greater while mobile and they’ll drop $25 in your account.
Terms and Conditions: No major terms here other than you have 30 days to place the first $200 worth of wagers. This is pretty much the same deal as what TwinSpires has except it’s easier to get this bonus. It shouldn’t be too hard at all to hit the $200 mark within a month.
Get your bonus: www.tvg.com
Ongoing Racebook Promotions
Ongoing promotions don’t all come in one size or shape. They change all the time and are intended as a reward to keep current customers happy and loyal. Racing websites want to keep you around for the long term so they do everything they can to keep you satisfied.
Major Events
Major events like the Kentucky Derby, Preakness Stakes, Belmont Stakes, Breeders Cup and so on are always attractive targets for online betting promotions. These are the events that generate the most revenue every year and every racing site wants a piece of your business. You can expect to find special cash back rewards, deposit bonuses for loyal customers and much more.
Sometimes you’ll find little random promos like “we’ll give your cash back if so-and-so horse wins” or “free $6 exacta bets next Tuesday.” It’s completely random but there’s always something good when a major event rolls around.
VIP Rewards
Again with the loyalty: racing sites want to keep you happy and in a betting mood. VIP programs and other types of reward programs are all designed to give you extra value for sticking around. The more you bet, the more loyalty points you earn.
At most betting websites, you can redeem your loyalty points for extra cash bonuses, special handicapping tools, special access to major racetracks and sometimes other things such as electronics and gifts. Most programs have different levels in their VIP programs with increasingly valuable rewards as you move up.
Cashback Promos
One of the best types of promotions is the cashback promo. In short, this type of promo gives you back a certain percentage of your total bets placed. For example, I have tried some sites that return a constant 5% of your total action every single week. The best part of it all is you get the cash back every week, win or lose.
Cashback promos are occasionally offered at US-licensed horse wagering sites. Take advantage of cashback promotions as they offer great value.
Free Bets
Free bet offers give you a chance to place a bet on one race with no possible way to lose money. Most free bets are structured so that you place the bet with your own money and if it loses, the racebook refunds your account. You get all the potential upside and none of the potential downside. Free bets are great.
You need to pay attention to get free bet offers because these offers tend to come and go. The best way to stay up to date is to have an account with each racing site (they send out e-mails for things like this) and follow their Facebook and Twitter accounts.
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.
- 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.
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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”
Online Betting Offers No Deposit Bonuses
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.
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, IN, WV, CO | No | Get Bonus! |
5. | Golden Nugget Sportsbook | NJ | $100 Risk Free Bet | Get Bonus! |
6. | FanDuel | NJ, PA, IN, WV, IL, CO | $1,000 Risk Free Bet | Get Bonus! |
7. | William Hill Sportsbook | IL | $300 Risk Free Bet | Get Bonus! |
Example of a Risk-Free Bet Bonus: DraftKings Accepted in PA, NJ, IN, WV, IA, CO, NH, IL
DraftKings is the company behind the huge DFS brand – and one of the biggest fantasy sports operators. Their online sportsbook, brings innovative bets (cash out betting, in-play betting) and exciting promos.
Online Betting Deals
New depositors get a risk free first bet up to $500 + $25 in 5 x $5 free bets. Here is how it works:
- Register your account and make a deposit
- Your first bet (straight bets and parlays only) up to $500 will be risk free
- If it loses, you are refunded your stake as a free bet
- You have 90 days to place your initial wager, then 7 days to use your free bet if needed
While $500 risk free is a generous offer, there is still some risk! The offer returns the stake for losing bets as a further free bet. This means you have to gamble it once again to get the benefit. While your risk could be reduced by betting on a strong favorite, minimum odds of -200 are needed – limiting this to an extent.
3. “Matched Deposit Bonus”
Of all the free bet bonuses offered by online sportsbooks – the matched bonuses are the biggest. Some of these will reach 4 figures. Once again, the idea is simple, though the devil is in the details.
You make a deposit at a book, who will offer you free bets that match the amount your deposited. For example, you deposit $500 and get to play with $500 in free bets, as well as your own cash balance.
What I like about these offers is that you are not usually restricted to a single bet. You have a bonus money balance, which can be used for as many bets as you wish within a certain timeframe. The best sportsbook bonuses only require that you wager your bonus once. Look out for books that require more play-through than this. It will make clearing your bonus a lot more difficult.
Depending on the size of your matched bonus, time can play an important role. For example, if you start your account off-season for your favorite sports, then making enough bets within 30 days might be a stretch. Some books allow 60 or more days to clear this type of free bet offer.
You will usually be able to take advantage of a matched first deposit bonus after enjoying the no-deposit free bets.
Matched deposit offers are also available for loyal bettors at many sites. These are known as ‘reload bonuses’, as they kick in when you reload your account.
Example of a Matched Deposit Bonus: SugarHouse Accepted in PA
SugarHouse operates an online sportsbook in both PA and NJ. They use an in-house platform by Rush Street interactive.
SugarHouse offer an ‘old school’ matched deposit bonus up to $250. The idea is that your first deposit gets matched at 100% with free bets. You then need to wager this bonus money in order to ‘clear’ it into your real money account. Here is how the offer works:
- Visit Sugarhouse Sportsbook here and use bonus code PLAY250
- SugarHouse Sportsbook will match your deposit at 100%, up to $250 max
- You need to wager this bonus money 1x to clear it into your cash account
- You need to activate and wager your bonus with 30 days of your deposit
Many books have minimum odds, or much shorter durations – making this SugarHouse free bet offer both generous and simple. This book combines sports and casino into a single platform – meaning you’ll get to take advantage of promos from both sides.
4. “Free Bets Based on Wagering”
The final common way in which regulated sportsbooks offer bettors bonuses is to give you free bets as you reach milestones. For example, you make a deposit, wager as normal, then get free bets each time you hit $100 in wagering.
A big advantage here is that you can bet in smaller units. There is no need to have a single huge bet to take full advantage of an offer. If that offer is for $20 in free bets every time you wager $200, then you can make 10x $20 bets to get there (or any other sizing).
Free bets are different to free cash. This bonus does mean you’ll have to wager it at least once before it can be withdrawn. As a rule of thumb, this will need to be at -200 or better and in a single bet. Once again, make sure you have enough time based on your regular betting style to reach the target. With this type of bonus, you will still get a proportion of the bonus if you don’t make it in time!
Example of a Wagering Based Free Bet: FoxBet Accepted in PA, NJ & CO
While the welcome offer is a risk-free bet, free bets every week keep loyal patrons happy! While this free bet is an ongoing promo, many of the big international brands will use this type of promotion for new customers.
At FoxBet, the wagering-based free bet is super-simple. You bet $25 in any given week – and then receive a $5 free bet in your account. The usual rules apply, with this free bet lasting 7 days before it expires. Bets can’t be on huge favorites – with the -200 minimum still in place.
You’ll find that FoxBet Sportsbook look after their regular bettors really well – this is one of many promotions they offer.
Online Betting Offers No Deposit Bonus
Take Full Advantage of Sportsbook Bonus Offers
With the roll-out of regulated sportsbooks underway, it is a great time to take advantage of those marketing offers and get your share of the free bet bonuses on offer.
As you’ll see above, there are 4 main types of free bet offer. These are completely free bets (no-deposit offers), matched deposit bonuses, risk free bets and wagering based free bets.
Online Betting Offers No Deposit Credit Cards
Which one is best for you will depend on the size of your initial betting bankroll. Your appetite for risk also plays into this. For bettors that would like to see how the new online sportsbooks work, then the completely free bonuses are a great way to start. What I like about those is that you can always take advantage of the bigger deposit bonuses later if you like what you find.