One of the biggest draws to sports betting online is the many bonus offers and promotions the customers of the online sportsbooks get to enjoy. The welcome bonus, or the bonus given to new customers who sign up for the first time with a particular sportsbook is the most famous example of this benefit you don’t get to enjoy at the Vegas sportsbooks, for example. But many bettors new to the online side of gambling fail to realize that there are many ongoing bonuses the sports betting websites offer for existing customer, as well. In the table below you will find the latest sportsbook bonuses for existing players, in addition to the ones for new bettors.
Latest Sportsbook Bonuses for New and Existing Players:
|Sportsbook||Welcome Bonus (new players)||Reload Bonuses (existing players)|
|Bookmaker||Welcome Offer (Bitcoin) 50% Cash (up to $500)
Welcome Offer (Bitcoin) 100% Cash (up to $300)Welcome Offer 15% Cash (up to $1,600)
Reload (Bitcoin) 25% Cash (up to $5,000)
Reload 20% Cash (up to $800)
|GTBets||100% up to $500 (1st deposit)
50% up to $250 (2nd deposit)
|5% to 50% reload bonus for existing customers|
|Bovada||50% up to $250 Cash
75% up to $750 with Bitcoin
|10% Bitcoin reload|
|Intertops||200% up to $50 Bonus
100% up to $100 Bonus
50% up to $200 Bonus
|$50 gift with no rollover requirements
4 x $100 free bets
If you’ve ever patronized one of the online sportsbooks, you are already well aware of the welcome bonus, also sometimes referred to as the signup bonus. This type of promotion has been utilized by the gambling websites since nearly the days of their inception. Since the costs of running an online business are much smaller than a brick and mortar one, the sportsbooks came with this ingenious way to attract more customers and compete with one another. They began offering bonuses to potential bettors who made a deposit at the specific sportsbook, and the bigger the bonus, the more people the sports betting site had a chance to entice into joining.
The signup bonus for new bettors is a great offer, there is no question about it. And the best part is that, unlike the online casinos, for example, the rollover of the said bonus is very, very low. If you are new to online betting and don’t know about the rollover bonus, follow the link to learn more. But in a nutshell – when you claim a bonus at the sportsbooks, you must wager it certain amount of times, before you can cash it out. Obviously, if the rollover requirements didn’t exist, people would just claim the bonus and cash it right away, without even placing a single bet. So, such playthrough conditions come attached with any bonus, whether for new or existing bettors.
Speaking of sportsbook bonuses for existing customers, they do indeed differ from the ones for new bettors. In general, the bonus or bonuses for customers already betting at a sportsbook tend to be smaller than the signup bonus, but while the new player bonus is bigger, you can claim it only once. It’s a great tool for the sportsbooks to attract the customer, but when it comes to keeping that customer betting at their property, the online sportsbooks need the bonuses for existing bettors. And nearly all of the sportsbooks are quite generous with those offers.
The bonus for existing sportsbook bettors is often referred to as “reload bonus”. As this name implies, the sportsbooks will give a bonus to the customer when they deposit money into their account, i.e. reload the account. The betting websites will keep those promotions fluid, in other words, it’s not uncommon to see those existing bettors (or reload) bonuses change every week, especially during football season. So it is important to keep up with the latest bonuses if you want to take maximum advantage of your bankroll. Which is one of the reasons we have the list of the bonuses here, both for new and existing bettors, so you don’t have to comb through a dozen sportsbook to see what’s on tap this week.
We should also note here that the sportsbook bonuses for existing players could be based on different factors, so you should keep an eye on them and see which better suits your personal style. For example, there are the simple reload bonuses, which would match the bettors a percentage of their deposit as a bonus. In turn, this bonus money can be used just like the rest of your bankroll. Then there are those sportsbooks that would offer free bets as a bonus. And finally, a very popular form of bonuses as of late is the depositing method specific bonus, namely Bitcoin. The sportsbooks are in love with the crypto, considering it’s much faster and cheaper for them to process those payments, and to incentivize their customers are now offering the best deals when the bettor chooses to fund the account with Bitcoin. It has become kind of a rule of thumb that if you want the biggest reload bonus, you should instantly look at the Bitcoin bonus for existing players.
And to make things even more interesting, there is a type of bonus, available exclusively to existing players, which we here colloquially refer to as the “status” bonus. Many online sportsbooks have a reward tier system, where the more the player wagers, the higher VIP status they attain. These rewards programs often give the bettor things like comp points, free gifts, higher betting limits, etc. But what they also offer is a better reload bonus. So the higher tier you are, the higher reload bonus you will receive, when you deposit and claim the existing customer bonus.
But no matter which bonus you qualify for, the one for new or existing bettors, there are plenty of them to choose from. You should never forget that all of them come with terms and conditions attached, the most important of which is the rollover requirement. Pay an extra close attention to the bonuses for using Bitcoin (or another crypto), as they are the biggest. And at the end of the day –always make sure that you bet only at reputable sportsbooks.