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Guide

Sportsbook Bonus Bets

Updated 2026-09-29

Written by
Sofia Almeida · Slots & Games Specialist
Reviewed by
Daniel Whitmore · Responsible Gambling & Compliance Editor
Updated

A bonus bet lets you wager without touching your own bankroll.
It's a simple way to try a sportsbook without risking your own cash.
Licensed by Curaçao eGaming.
You usually need to meet a wagering requirement before you can withdraw any winnings.
The bonus amount and terms differ by sportsbook; always read the fine print.
Our responsible gambling tools help you set limits on bonus usage.
Claiming a bonus bet is often as simple as entering a promo code or completing a small task.

Types of Sportsbook Bonus Bets

Free bets, matched bets, cashback offers and risk‑free bets are the main varieties you’ll see.

Free Bet

A free bet lets you place a wager without using your own money.
If the bet loses, you lose nothing.
When it wins, the payout lands in your account, but you may still need to meet a wagering requirement before you can withdraw.

Matched Bet

Some sportsbooks match a portion of your first deposit.
For example, a 50% match on a £100 deposit gives you a £50 bonus bet.
The bonus is usually capped at a set amount, so check the limit before you deposit.

Cashback Offer

If you lose a certain amount, you can receive a percentage back as a bonus bet.
This softens big losses and can turn a losing streak into a small win.
The percentage and maximum cashback vary, so read the terms carefully.

Risk‑Free Bet

A risk‑free bet guarantees a refund if your wager loses.
The refunded amount is normally credited as a bonus bet, which then follows the usual wagering rules.

How to Claim a Bonus Bet

First, sign up for a new account or log in to an existing one.
Next, look for a “promo” or “bonus” tab; the sportsbook may show the offer on the homepage.
Then, enter any required promo code.
After that, read the terms: check the minimum stake, the maximum bet size, and the wagering requirement.
Finally, accept the offer and the bonus bet will appear in your wallet.
Place a bet that meets the minimum stake to activate the bonus.
If the sportsbook requires a certain bet size before the bonus activates, that will be stated in the terms.

Wagering Requirements and How They Work

Most bonus bets come with a wagering requirement, meaning you must bet a multiple of the bonus amount before you can withdraw any winnings.
For example, a 10x requirement on a £20 bonus means you must wager £200.
However, the amount you actually need to bet might be lower if only a portion of your stake counts toward the requirement.

Key points to remember:

  • The requirement is usually expressed as a multiple (e.g., 5x).
  • Only certain markets count; cash‑out or live betting may or may not be eligible.
  • Some sportsbooks let you convert part of the requirement into a cash bonus after a set period.
  • If you cancel a bet that counted toward the requirement, the stake may be deducted from your total.

Strategies for Maximising Bonus Bets

Choose low‑risk markets and spread the requirement across several small bets rather than one big one.
Use multiple markets if the sportsbook allows a single bet across several events (e.g., a 3‑way bet).
Check the odds; a higher odds bet can help you hit the requirement faster but may be riskier.
Set a budget with our responsible gambling tools to limit how much you stake on bonus bets.
Know the expiry date; bonuses usually expire within 30‑90 days, so plan your bets accordingly.

Comparison Table – Bonus Bet Offerings

Sportsbook Bonus Type Bonus Amount Wagering Requirement Eligible Markets Expiry
Site A Free Bet £20 5x All events 30 days
Site B Matched Bet 50% of first £100 deposit 10x Football, tennis 45 days
Site C Cashback 10% of losses up to £50 3x All sports 60 days
Site D Risk‑Free £10 2x Live football 15 days

Verdict

If you’re new to sports betting, a bonus bet offers a low‑risk way to test a sportsbook’s odds and platform.
For seasoned bettors, a matched bet or cashback offer can give extra value if you’re willing to meet the requirements.
Look for sportsbooks that provide clear terms, low wagering multiples, and a wide range of eligible markets.
Use our responsible gambling tools to keep your bonus usage in check.
The best option depends on whether you value instant play or long‑term value.

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Reviewed by the BestCasinoPortal editorial team. Updated: .