Best Sportsbook Promos

• Best Sportsbook Bonuses
• Best Sportsbook Promos Nj
• No Deposit Sportsbook Bonus Codes

Retail sports betting went live back in November of 2018, but it wasn't until online sportsbooks started taking bets in June 2019 that sports betting in Pennsylvania really took off. Online is the clear choice for PA bettors where we have seen over 80% of all bets being placed over the internet. MyBookie is the newest of the sportsbook that we recommend & it shows with the best mobile sports betting interface. MyBookie.ag has a top sports betting menu so you will be able to get action 24 hours a day. The welcome bonus is 50% bonus to $1,000. See our MyBookie Sportsbook Review.

• #1 Bovada Sportsbook
  

• #2 MyBookie Sportsbook
  

• #3 BetOnline Sportsbook
  

• #4 SportsBetting Sportsbook
  

• #5 Xbet Sportsbook
  

Bovada is in Canada and knows the US sports betting market. The Bovada welcome bonus of 50% up to $250 looks smaller than other sportsbooks. However, they have a top of the line customer rewards program that takes care of regular players. Bovada provides an excellent wagering menu of betting lines, prop bets & is the top live betting sportsbook.

See our Bovada Sportsbook Review

Bovada

• 50% Cash
• Rollover 5X
• Max $250
• Rollover type: Lower Risked or Won Amount
• Payout Hold: None
• Deposit Methods: All

MyBookie.ag can be accessed from anywhere in the world at any time. MyBookie is the newest of the sportsbook that we recommend & it shows with the best mobile sports betting interface. MyBookie.ag has a top sports betting menu so you will be able to get action 24 hours a day. The welcome bonus is 50% bonus to $1,000.

See our MyBookie Sportsbook Review

MyBookie

• 50% Free Play
• Rollover 20X
• Max $1000
• Rollover based on: Amount Risked
• Payout Hold: 30 days
• Deposit Methods: All

BetOnline.ag is a top sportsbook that has been around for years. It is a safe US focused betting site with hundreds of NFL odds & Props. What sets it apart are the NFL Bonus Offers

BetOnline 2020 Bonus

• 50% Welcome Bonus
• $25 Player Prop Bet
• $50 Mobile Bet
• $25 Live Bet

See our Betonline Sportsbook Review

BetOnline

• 50% Free Play
• Rollover 10X
• Max $1000
• Rollover type: Lower amount of Risk or Win
• Payout Hold: 30 days
• Deposit Methods: All

SportsBetting.ag is a clone of Betonline.ag. They are owned by the same company but operate as 2 different sportsbooks. What does this mean fo you? Sign up at both and DOUBLE YOUR FOOTBALL BONUS. Why not if you are going to deposit more than a couple of hundred. Instead of being limited to a $1,000 welcome bonus, by depositing at both you can get up to a $2,000 bonus.

Sportsbetting.ag Football Bonus

• 50% Welcome Bonus
• $25 Player Prop Bet
• $50 Mobile Bet
• $25 Live Bet

See our Sportsbetting.ag Sportsbook Review

Sportsbetting

• 50% Free Play
• Rollover 10X
• Max $1000
• Rollover type: Lower amount of Risk or Win
• Hold: 30 days
• Deposit Methods: All

Xbet is operated by MyBookie & has the same T&C

• 100% Free Play
• Rollover 20X
• Max $1000
• Rollover based on: Amount Risked
• Payout Hold: 30 days
• Deposit Methods: All

Top Five Online Sportsbooks

Best Sportsbook Bonuses

Top five online sportsbooks? Creating a list of the top 5 online sportsbooks in the U.S. is an involved process that requires a lot of research. First of all, we use our own personal experience. Who would we never bet with. Once that was done, then we had to begin narrowing down the remaining sportsbooks. In addition to our own experience, we read other gamblers reviews. See what other people have said in providing customer feedback. This is especially relevant because it can show unresolved problems a sportsbook is having.

There are certain must haves to be a top online sportsbook. As a result, we only included sportsbooks that offer live betting, offer a good mobile wagering interface, a welcome bonus, and lines on many sports. The most important thing to look at in the end is will I get paid. All of the sportsbooks we recommend have been paying customers on time. We hope our picks as the best online sportsbooks with the top sports betting bonuses will be of help.

Top 10 Online Sportsbooks – Best Bonus Offers

Type of Bonus and the Bonus Quantity

One of the first things to consider is what type of bonuses you are provided and how huge is it. Most people generally tend to look for the welcome bonuses with the biggest bonus quantity supplied. However you have to take into account that these bonuses comes with terms and conditions. If you select a sports betting promotion with a massive bonus amount, you should be prepared to wager a massive sum to unlocked the bonus before you can withdraw money.

Wagering Requirement

Maximum deposit and paired bonuses comes with a wagering requirements and rollover requirements. The wagering requirement is the number of bets you need to make before you can withdraw it as cash. The rollover requirement is the amount of money that must be bet before your bonus is fully unlocked.

Minimum Odds

This requirement usually gets overlooked. This is the bottom standard odds you can wager on for your bet to be counted towards the turnover requirement. The sportsbooks aren't going to let you make a single -100,000 bet to fulfill your bonus requirement.

Making a Bet Bonus in a Limited Time

Casino and Sports betting bonuses generally come with a limited time period. That is the period which in the other wagering requirements must be met to unlock your full bonus. Be careful. Not betting within the required time could forfeit your whole bonus and not just a proportional reduction.

Bonus Code

For a few welcome offers or sign up bonus offers, you have to input a bonus or promo code. The bonus code is typically entered in connection with your deposit or after it. Some sports betting bonus codes are given to you after you are a customers. Such as, Refer A Friend bonus or mobile bonus promotions.

See our current list of bonus offers from Bovada Sportsbook.

Choosing an Online Sportsbook

There are many factors to take into consideration when choosing an online sportsbook:

Best Sportsbook Promos Nj

How long have they been in business

Go beyond just the amount of the bonus or the look of the website. Take a look at how long they have been in business.

Odds and payout percent

To get the most out of your betting you ought to choose a sportsbook with the best odds. Why bet on a team on the money line at -120 when you can bet at another sportsbook and get -110?

Betting markets and sports

All sportsbooks provide odds on the largest activities. Even though the choice of odds can range considerably from one sportsbook to another. Check the sportsbook odds page to see if they have good coverage in the one or two sports you know you will be betting on. It is not much fun to go online to make a bet and see that your sportsbook has only minimal odds offered on your favorite sport.

Welcome Offer and Promotions

Choosing a sportsbook with an excellent welcome bonus or retention bonus can offer can raise a betting bankrolls. Every bit helps when building a bankroll. I always attempt to max out every offer a sportsbook will provide.

See our list of current bonus offers from Sportsbetting.ag online.

Payment and Deposit Costs

Most sportsbooks provide payments through debit/credit cards, e-wallets, money orders, bank transfers and Bitcoin. Take a look at the transaction costs and convenience to how you will be wagering. Right now, Bitcoin is the top product for maximizing your online casino and sportsbook bonus offers.

If you are looking for the best bonus offers. MyBookie bonus offers are the most aggressive sportsbook.

How Sports Betting Bonus Codes Work

Sportsbook promo codes work in two main ways. The first is as a 'welcome bonus' and this bonus is usually tied to a specific type of gambling such as the Sportsbook, Casino or Poker. As a general rule, these are only applicable on your very first deposit, right after you create an account with the site. They're usually the biggest bonus you can get, so take advantage of this fact. Some sites do stretch the welcome bonus out, but most of them are for just one deposit.

Most sportsbooks do offer a reload bonus, most are for a lesser percentage than the welcome bonus. This is still a good deal because it's free money, and if you can, you should also take advantage of a third type of bonus offer. The Refer-A-Friend bonus is offered by every online sportsbook. To get this bonus you need to open an account, make a welcome bonus and have some activity. With all three bonus offers you have a the advantage of using the online sportsbooks bonus codes to build your bankroll.

Bonus Whore

What? It is not as bad as you think. The term 'bonus whore' is a derogatory term that sportsbook managers have for people you sign up to max out the bonus offers. I call them smart gamblers. Why not use the system of bonus codes and promotions to max out your benefits?

One of the most effective ways to maximize your bonus offerings is to open accounts at several sportsbooks instead of just one. This is also an important part of getting the best line available on a game. I always recommend getting the max bonus when you open an account because the first deposit bonus is usually the biggest bonus you will receive. If you are going to deposit $200 then almost all sportsbooks will match 50% of your initial deposit. But, if you are going to deposit $2,000 then you should take advantage of one of the offers that will provide a %50 bonus up to $1,000. What if you are a serious bettor and have more to deposit? If you are going to deposit $5,000? In this case spread the money around. Deposit what you need to max out your bonus at each sportsbook.

Side benefit of 'bonus whoring' is getting the best line. If you initially deposit at three different sportsbooks to max out your sports betting bonus then you will also get to choose between three different betting liens when you wager. A lot of lines can be similar, such as NFL games or NBA games. However, I have found value in always taking the better line. I know that taking a half a point on an NFL game does not seem like much but I have won parlays based on a hook. I have also prevented a loss by getting a push by shopping for the best line. You should also shop for the best odds on a game. This comes into play on sports like baseball. Most MLB bets are on the money line so shopping for the best line isn't a factor but shopping for the best odds is important. Why would you bet on the New York Yankees at (-135) when you can bet on them to win at (-125) at another sportsbook. This is far more common than you think and good odds shopping can boost your return by 4 or 5 percent. That doesn't seem like much but it is a way to almost completely offset the vig in MLB wagering.

Sites We Trust

Reading sports betting site reviews helps ensure that sportsbooks play by the rules, pay out winners and are fair and friendly with their customer service. If they do not, bettors may be forced to contact management officials to outline the problems and apply pressure to have the situation fairly mediated.

Nobody wants to have a bad experience with any company they do business with, and online gambling sites are no different. That's why bettors need to do their homework in advance and find out as much about them as possible to find the best betting sites. What deposit options are available at the sportsbook? Do they have bonuses for an initial deposit and/or to re-deposit funds into an account? How difficult is it to withdraw money from your account? How many different betting options are offered at the sports gambling site? These are all important questions that need to be answered by the bettor before deciding to make a deposit.

Customer Service Will Help You

Unlike Las Vegas, where you can physically visit a sportsbook at a casino resort, online gambling sites and sportsbooks are essentially virtual casinos that accept real money to wager on real sporting events. However, this does not mean an online sportsbook's address is only located on the internet. Any reputable online book will have a physical address located on its website along with a toll-free telephone number you can use to call them and ask questions if needed. Some will even have an FAQ you can review to help you feel more comfortable about betting there.

Another important source you can use to research online betting sites is social media. Every trustworthy online gambling site should have a presence on Twitter and Facebook as a valuable customer service tool. Following and/or 'Liking' the sports betting site enables bettors to see how the company communicates and interacts with potential and current customers, giving them another level of trust and the necessary knowledge needed to make the right decision when the time comes to choose one. If a book is very responsive on social media, you can see that they really care about their customers and want to resolve issues in a timely and efficient manner.

Find The Betting Site that Fits You

Not all online sportsbooks are good at every facet of sports betting, casino wagering, poker play and horse racing. But some are more proficient and well-rounded than others, although you may not need your ideal betting site to be all that. Instead, your priorities may include making sure they pays winners quickly, offers bonus specials and provides stats, articles and tutorials for beginner players. Whatever you are looking for in an online gambling site, do not settle for anything less than one that caters exactly to your needs and provides you with all the features you require as a bettor. Read online sportsbook reviews, talk with other bettors and take advantage of a promotion to see if you like it. There's nothing wrong with making a deposit at several sites and finding the right one for you. Remember, every site has a welcome bonus so why not shop around and collect as many bonus offers as you can. Later you can always transfer out your money and deposit it in the site that you choose to stay with.

Last but not least. Take the time to read our sportsbook reviews and visit the sites we recommend.

Colorado online sports betting kicked off on May 1, 2020. There are 16 licensed Colorado online sportsbooks. Most offer sign-up bonuses including free bets and deposit bonuses that lure players to their sites instead of their competitors. Each has its own set of terms and conditions, and we cover them below so you can find the best deal for your level of activity.

**Some of the products featured here are from our partners who compensate us. This does not influence our evaluations. Our opinions are our own. All bonus and promotions have Terms & Conditions that apply. 21+ for legal online gambling sites. If you think you have a gambling problem, please call 1-800-522-4700.

Best Online Sports Betting Bonuses In Colorado

While most Colorado sportsbooks offer bonuses, some are notable for new bettors. Here are the eight best welcome bonuses in Colorado:

• William Hill – Claim A $500 Risk-Free Bet
• BetRivers – Claim A $250 Deposit Bonus with 100% Match
• FanDuel – Claim A $1,000 Risk-Free Bet
• SportsBetting.com – Claim A $150 Deposit Bonus
• BetMGM – Claim A $500 Deposit Bonus – Use bonus code SHARP
• PointsBet – Claim A Two Risk-Free Bets, up to $1,500 – Use bonus code BIGBONUS
• DraftKings – Claim A $1,000 Deposit Bonus with 20% Match
• FOX Bet – Claim A $500 Risk-Free Bet

Online Sports Betting In Colorado

William Hill Colorado

Bonus: $500 Free Bet

Claim Bonus: Willaim Hill $500 Free Bet

Defense Dollars: Wager $50 or more on the pregame or full game spread on the Washington Huskies vs. Oregon Ducks game. Earn a free bet for your team's defense:

• $1 per sack
• $2 per fumble recovery
• $3 per interception
• $7 per defensive touchdown
• $10 per safety

Remember, the risk-free bet must be used within seven days from the date it's awarded. Don't let that free bet go to waste!

BetRivers Colorado

Bonus: 100% up to $250 Deposit Match

Claim Bonus: BetRivers Sportsbook Bonus of $250

Colorado became the fourth state BetRivers launched in after Pennsylvania, Indiana, and Illinois. (It launched in Iowa shortly afterward, too.) BetRivers is owned by Rush Street Interactive, the same company that operates SugarHouse Online, but Coloradans won't get access to that site. BetRivers has a number of loyalty perks and rewards to Colorado sports bettors and is offering up to a $250 match for deposits through our exclusive link. BetRivers will match each dollar bettors deposit with a site credit up to $250. Bettors also have to use that money to bet, with BetRivers releasing one site credit for every dollar in wagers. It has the best rate of reward among Colorado deposit bonuses. But it's far from the largest.

FanDuel Sportsbook Colorado

Bonus: $1,000 Risk-Free Bet

Claim Bonus: FanDuel Sportsbook $1,000 Risk-Free Bet

FanDuel is another licensed daily fantasy sports company that entered thelegal sports betting industry in Colorado. You receive $5 in your account immediately upon signing up. You'll receive another $5 upon making a deposit. FanDuel's main welcome bonus is its $1,000 risk-free bet. You'll receive a free bet for your first wager's amount. If it loses, your account is reimbursed for the losses, up to $1,000. Winnings are eligible for cashout, but the site credits cannot be withdrawn.

SportsBetting.com

Bonus: $150 Deposit Bonus

Quatro casino login canada. Claim Bonus:SportsBetting.com $150 deposit bonus

SportsBetting.com launched in Colorado after partnering withJohnny Nolon's. SportsBetting.com offers a 100% up to $150 deposit bonus for new customers.

Bonus: $500 Deposit Bonus

Claim Bonus:BetMGM Sportsbook $500 Deposit Bonus – Use bonus code SHARP

Bet MGM is operated by MGM Resorts out of Las Vegas. It offers a risk-free bet up to $500. However, bettors must use their first bet to take advantage of this bonus. If bettors lose their first bet, then BetMGM will add risk-free bets to bettor accounts. If bettors wager $49 or less, they'll get one risk-free bet that's equal to their first bet. If bettors wager $50 or more, then bettors will get five risk-free bets that are each worth a fifth of their first bet. So, a $500 losing wager would get bettors five $100 risk-free bets. It's a little confusing, but the bottom line is bettors will get their losing stake back in the form of risk-free bets.

PointsBet Colorado

Bonus: 2 Risk-Free Bets up to $1,500

Claim Bonus: PointsBet Sportsbook $1,500 Risk-Free Bets – Use Bonus Code BIGBONUS

PointsBet offers a little something different-a dual risk-free bonus bet offer. New accounts can receive two risk-free bets, one up to $500 on a fixed-odds bet, and $1,000 for PointsBetting. PointsBetting is a spread bet which allows bettors to wager on how much their team will cover the spread by. The reward multiplies depending on how far over the threshold your team is when the game concludes. If you can guess how much you'll win, you can be rewarded exponentially. But it's a tricky bet. Best of luck if you attempt it.

DraftKings Sportsbook Colorado

Bonus: 20% up to $1000 on deposit.

Claim Bonus:DraftKings Sportsbook Bonus of $1,000

DraftKings is best known in Colorado as a legal daily fantasy sports site. It's been a licensed daily fantasy site in Colorado since 2016. Now you can bet on sports through DraftKings' app and website.

New DraftKings sportsbook players can earn up to $1,000 in deposit bonuses. When making a deposit, bettors can earn $1 in site credits for every $5 they deposit, up to $1000. That means a $5,000 deposit would receive the maximum bonus. However, DraftKings also has a playthrough requirement. Bettors get $1 in site credits for every $25 they ager after depositing. Bettors have 90 days to meet the playthrough requirement to maximize this bonus. You'll be rewarded in proportion to how much you deposit and wager, so make your first deposit and subsequent bets count!

Additional terms and conditions apply.

FOX Bet Colorado

Bonus: $500 Risk-Free Bet

FOX Bet offers new players a $500 risk-free bet on their first wager. However, it's only good for your first wager, so make sure you don't miss it. Bettors must place a bet on a line with odds of -200 or more to qualify. If you lose, you'll get site credits that match your stake up to $500. If you win, then congratulations. Enjoy your winnings.

BetMonarch

Bonus: None available

BetMonarch is the first homegrown sportsbook to launch in Colorado, both owned and operated locally. The new app launched in May 2020, about a week after Colorado legal sports betting went live. As the name suggests, BetMonarch is attached to the Monarch Casino in Black Hawk, and bettors will also be able to place bets at the retail sportsbook in person once Colorado casinos reopen.

SBK

Bonus: None Available

SBK is an online sportsbook from Smarkets, a European sports betting company based in the UK. SBK launched on June 4 and gets its odds from its betting exchange overseas. That means that SBK's odds are particularly competitive. But Colorado sportsbooks that offer bonuses or boosts can have better odds on certain lines than SBK.

Sky Ute Sportsbook

Bonus: None Available

Sky Ute Sportsbook is the online sportsbook from the Southern Ute Indian Tribe. Sky Ute Sportsbook launched on June 9 and is currently not offering a sign-up or deposit bonus.

Circa Sports

Bonus: None available

Circa Sports is an online sportsbook that started in Las Vegas at the D and Golden Gate. Colorado is its first online sportsbook outside of Nevada and promises to have high limits and great odds.

BetWildwood

Bonus: None Available

BetWildwood is an online sports betting site operated by Wildwood Casino. It offers no welcome bonuses and tends to have low odds compared to its competitors.

theScore Bet

Bonus: $1,000 Deposit Bonus with 5% Cash Back + $500 Risk-Free Bet

theScore Bet offers two welcome bonuses: the $1,000 deposit bonus and the $500 risk-free bet.

The deposit bonus rewards bettors for their first deposit, up to $1,000. But to unlock that bonus, bettors need to wager. Bettors get 5% cash back on every wager for 60 days to slowly unlock the cash bonus they earned from their first deposit. That means to get the full $1,000, bettors must:

• Deposit $1,000 on their first deposit.
• Wager $20,000 in 60 days.

Long story short, bettors will be rewarded in proportion to their play.

theScore Bet also offers a $500 risk-free bet. theScore Bet refunds your first bet if it loses for the amount bettors wagered, up to $500.

Elite Sportsbook

Bonus: $500 Risk-Free Bet

Elite Sportsbook is partnered with Red Dolly Casino. They are offering first-time users a $500 risk-free bet of up to $500 on their first bet. With a risk-free bet, the first bet is the one to go big on.

Betfred Sports

Bonus: $500 Risk-Free Bet

Betfred is a European operator that partnered with Saratoga to launch its online sportsbook in Colorado. Betfred is an official partner of the Denver Broncos and offers new players up to $500 risk-free bet when they sign up.

Superbook Sportsbook

Bonus: None Available

Superbook is a recent Colorado entrant that promises bonuses soon. Colorado is its first state after Nevada, and it'll be heading into New Jersey next.

Colorado Sports Betting Sites Launching Soon:

888 Sportsbook

888 Sportsbook isn't here yet. But when it is, it offers a $500 risk-free bet. However, that could change for Colorado before launching.

Bet365

Bet365 is a maybe, too. However, if it comes to Colorado, bettors would be able to claim a $100 first deposit bonus. It'd be the smallest deposit bonus in Colorado at that rate.

BetAmerica

BetAmerica is best-known as a horse racing betting company. It is owned and operated by Churchill Downs. It has been licensed in Colorado in the racing industry for years. However, its casino bonus is more generous than its sportsbook bonus. New casino players get a $500 deposit bonus. New sportsbook bettors get what appears to be a $50 risk-free bet.

Barstool Sportsbook

Poker odds for dummies. Barstool Sportsbook is opening a retail location in Colorado, but the app isn't live yet. When it is, bettors can claim a $500 risk-free bet.

No Deposit Sportsbook Bonus Codes

Colorado Sports Betting Promotions

Existing users can take part in sports betting promotions offered at many of the Colorado sports betting sites. Deposit bonuses reward bettors for how much they deposit and wager. Risk-free bets refund losing bets with site credits.

However, bettors will find ongoing bonuses that offer small wagers on popular games. There's lots to see, so bettors should keep an eye out for new promotions.

Deposit Bonuses

Deposit bonuses appear the most enticing. They reward bettors for how much they deposit upfront. Sportsbooks seem to know that bettors who deposit money will use it, so it makes sense for them to incentivize large deposits. Deposit bonuses are awarded at a rate expressed as a percentage. A 20% deposit bonus, like DraftKings', awards 20% of a bettor's deposit in site credits. So, a $100 deposit would earn $20 in site credits.

However, deposit bonuses often have playthrough requirements, too. Bettors need to actually use the money they deposit before unlocking their bonuses. theScore Bet awards 5% of a bettor's wagers up to the amount they deposited upfront. That way, sportsbooks ensure bettors are actually wagering.

Risk-Free Bets

Ironically, risk-free bets require bettors to risk their own money upfront. Risk-free bets reimburse bettors for how much they lose on their first bet. The advertised amount is often the maximum bet that bettors can be reimbursed for in full. So, a $500 risk-free bet often means that bettors can lose $500 on their first bet, then get that money back in site credits. That's the deal bettors can find at Fox Bet. However, bettors can't withdraw the site credits. Bettors can only get their winnings in the bank. Since these bonuses are often only good for the first bet, new bettors often miss the chance to use them. Don't be one of them. Plan the first bet carefully.

No-Deposit Bonuses

These are small, unremarkable bonuses that bettors receive upon sign up. However, these are in the form of site credits, too. They're not free money for bettors to withdraw and use as they please. Bettors must use those credits to wager at their sportsbook or forfeit them. They're usually not larger than $50, so don't get too excited about them. Barstool Sportsbook offers a $10 no-deposit bonus for signing up, knowing they'll win that money back over time. However, they can help new and nervous bettors try betting for the first time. Sportsbooks likely use these to lure the most cautious of new bettors in, hoping they'll wager more after using these first site credits.

Ongoing Event Bonuses

These are other small bonuses that are tied to specific events. BetMGM offers a deal where bettors wager $50 on college basketball and get a $25 free bet for college football. Little bundles like these help spread bets over all the events sportsbooks need money on.

How To Claim Online Sportsbook Bonuses In State

Claiming bonuses tends to be straightforward. First, bettors have to find the online sportsbook app they want to wager at. That's as easy as googling the website or searching the app store. Keep in mind that some brands have state-specific apps. If the Colorado app is available, choose that one. And don't mistake a daily fantasy sports app for a sportsbook. They're not the same.

After that, bettors must register for accounts. Creating accounts is similar to any other website. However, sportsbooks require part or all of a bettor's social security number. That may seem strange to new bettors. However, it's part of an identity verification step that all licensed Colorado sportsbooks must adhere to. No one wants to award money to money launderers, after all.

Once bettors are registered, they just have to fulfill the first terms of the welcome bonus. That could mean different things for different bonuses and sportsbooks. For example, DraftKings and theScore Bet both offer $1,000 deposit bonuses. However, they have different ways to unlock the full bonus. DraftKings requires a large deposit upfront followed by a 25:1 playthrough requirement. But theScore Bet only requires a 20:1 playthrough. That means earning the full deposit bonus requires $5,000 less at theScore Bet than at DraftKings.

But risk-free bets come with their own terms, too. Their terms often hinge on the first wager. That means planning to bet big later is a poor strategy for fulfilling those terms. Read up on bonus terms before wagering if you want to take advantage of them.

Once the terms are fulfilled, bettors will find the bonus in their accounts. That could be site credits for additional betting or risk-free bets worth redeeming. Bettors should check their accounts and betslips if they're looking for the rewards they reaped from their sportsbook bonus.

Colorado Sports Betting Bonus FAQs

21. While daily fantasy sports players only need to be 18, sports bettors must be a little older. This staves off a potentially thorny legislative issue. The idea of high school seniors gambling online is unsettling, even to gambling supporters. Raising the sports betting age got around that and likely helped keep mobile sports betting out of high schools.

Yes. Because bettors create separate accounts at each sportsbook, they can claim each sportsbook's bonus. However, they can only claim bonuses once. Each sportsbook account is tied to a social security number. It's hard to fake two accounts. Even if bettors could borrow a social security number, sportsbooks would suspend that account if they suspected that it was the same person. Sportsbooks have massive sets of data to use to identify duplicate accounts. Fooling them isn't as easy as bettors may think.

Each playthrough requirement can differ from sportsbook to sportsbook. However, most of them are associated with deposit bonuses. After fulfilling the deposit requirement for a deposit bonus, bettors often have to wager their money to unlock site credits. They can take the form of fixed site credits per dollar wagered or a percentage of wagered dollars. Bettors must understand each bonus to learn how they wish to fulfill their playthrough requirements.

Bonus abuse is using multiple accounts to benefit from bonuses multiple times. Sportsbooks anticipate a certain return-on-investment from their bonuses. They expect to spend a little money to retain bettors over their full customer lifetimes. But those calculations assume one bonus per sportsbook. Any more than that is theft.

As long as bettors aren't creating multiple accounts to profit from different bonus terms, then they're fine. They can create single accounts at multiple sportsbooks, but creating multiple accounts at any sportsbook will get them in trouble.

See our MyBookie Sportsbook Review

MyBookie

• 50% Free Play
• Rollover 20X
• Max $1000
• Rollover based on: Amount Risked
• Payout Hold: 30 days
• Deposit Methods: All

BetOnline.ag is a top sportsbook that has been around for years. It is a safe US focused betting site with hundreds of NFL odds & Props. What sets it apart are the NFL Bonus Offers

BetOnline 2020 Bonus

• 50% Welcome Bonus
• $25 Player Prop Bet
• $50 Mobile Bet
• $25 Live Bet

See our Betonline Sportsbook Review

BetOnline

• 50% Free Play
• Rollover 10X
• Max $1000
• Rollover type: Lower amount of Risk or Win
• Payout Hold: 30 days
• Deposit Methods: All

SportsBetting.ag is a clone of Betonline.ag. They are owned by the same company but operate as 2 different sportsbooks. What does this mean fo you? Sign up at both and DOUBLE YOUR FOOTBALL BONUS. Why not if you are going to deposit more than a couple of hundred. Instead of being limited to a $1,000 welcome bonus, by depositing at both you can get up to a $2,000 bonus.

Sportsbetting.ag Football Bonus

• 50% Welcome Bonus
• $25 Player Prop Bet
• $50 Mobile Bet
• $25 Live Bet

See our Sportsbetting.ag Sportsbook Review

Sportsbetting

• 50% Free Play
• Rollover 10X
• Max $1000
• Rollover type: Lower amount of Risk or Win
• Hold: 30 days
• Deposit Methods: All

Xbet is operated by MyBookie & has the same T&C

• 100% Free Play
• Rollover 20X
• Max $1000
• Rollover based on: Amount Risked
• Payout Hold: 30 days
• Deposit Methods: All

Top Five Online Sportsbooks

Best Sportsbook Bonuses

Top five online sportsbooks? Creating a list of the top 5 online sportsbooks in the U.S. is an involved process that requires a lot of research. First of all, we use our own personal experience. Who would we never bet with. Once that was done, then we had to begin narrowing down the remaining sportsbooks. In addition to our own experience, we read other gamblers reviews. See what other people have said in providing customer feedback. This is especially relevant because it can show unresolved problems a sportsbook is having.

There are certain must haves to be a top online sportsbook. As a result, we only included sportsbooks that offer live betting, offer a good mobile wagering interface, a welcome bonus, and lines on many sports. The most important thing to look at in the end is will I get paid. All of the sportsbooks we recommend have been paying customers on time. We hope our picks as the best online sportsbooks with the top sports betting bonuses will be of help.

Top 10 Online Sportsbooks – Best Bonus Offers

Type of Bonus and the Bonus Quantity

One of the first things to consider is what type of bonuses you are provided and how huge is it. Most people generally tend to look for the welcome bonuses with the biggest bonus quantity supplied. However you have to take into account that these bonuses comes with terms and conditions. If you select a sports betting promotion with a massive bonus amount, you should be prepared to wager a massive sum to unlocked the bonus before you can withdraw money.

Wagering Requirement

Maximum deposit and paired bonuses comes with a wagering requirements and rollover requirements. The wagering requirement is the number of bets you need to make before you can withdraw it as cash. The rollover requirement is the amount of money that must be bet before your bonus is fully unlocked.

Minimum Odds

This requirement usually gets overlooked. This is the bottom standard odds you can wager on for your bet to be counted towards the turnover requirement. The sportsbooks aren't going to let you make a single -100,000 bet to fulfill your bonus requirement.

Making a Bet Bonus in a Limited Time

Casino and Sports betting bonuses generally come with a limited time period. That is the period which in the other wagering requirements must be met to unlock your full bonus. Be careful. Not betting within the required time could forfeit your whole bonus and not just a proportional reduction.

Bonus Code

For a few welcome offers or sign up bonus offers, you have to input a bonus or promo code. The bonus code is typically entered in connection with your deposit or after it. Some sports betting bonus codes are given to you after you are a customers. Such as, Refer A Friend bonus or mobile bonus promotions.

See our current list of bonus offers from Bovada Sportsbook.

Choosing an Online Sportsbook

There are many factors to take into consideration when choosing an online sportsbook:

Best Sportsbook Promos Nj

How long have they been in business

Go beyond just the amount of the bonus or the look of the website. Take a look at how long they have been in business.

Odds and payout percent

To get the most out of your betting you ought to choose a sportsbook with the best odds. Why bet on a team on the money line at -120 when you can bet at another sportsbook and get -110?

Betting markets and sports

All sportsbooks provide odds on the largest activities. Even though the choice of odds can range considerably from one sportsbook to another. Check the sportsbook odds page to see if they have good coverage in the one or two sports you know you will be betting on. It is not much fun to go online to make a bet and see that your sportsbook has only minimal odds offered on your favorite sport.

Welcome Offer and Promotions

Choosing a sportsbook with an excellent welcome bonus or retention bonus can offer can raise a betting bankrolls. Every bit helps when building a bankroll. I always attempt to max out every offer a sportsbook will provide.

See our list of current bonus offers from Sportsbetting.ag online.

Payment and Deposit Costs

Most sportsbooks provide payments through debit/credit cards, e-wallets, money orders, bank transfers and Bitcoin. Take a look at the transaction costs and convenience to how you will be wagering. Right now, Bitcoin is the top product for maximizing your online casino and sportsbook bonus offers.

If you are looking for the best bonus offers. MyBookie bonus offers are the most aggressive sportsbook.

How Sports Betting Bonus Codes Work

Sportsbook promo codes work in two main ways. The first is as a 'welcome bonus' and this bonus is usually tied to a specific type of gambling such as the Sportsbook, Casino or Poker. As a general rule, these are only applicable on your very first deposit, right after you create an account with the site. They're usually the biggest bonus you can get, so take advantage of this fact. Some sites do stretch the welcome bonus out, but most of them are for just one deposit.

Most sportsbooks do offer a reload bonus, most are for a lesser percentage than the welcome bonus. This is still a good deal because it's free money, and if you can, you should also take advantage of a third type of bonus offer. The Refer-A-Friend bonus is offered by every online sportsbook. To get this bonus you need to open an account, make a welcome bonus and have some activity. With all three bonus offers you have a the advantage of using the online sportsbooks bonus codes to build your bankroll.

Bonus Whore

What? It is not as bad as you think. The term 'bonus whore' is a derogatory term that sportsbook managers have for people you sign up to max out the bonus offers. I call them smart gamblers. Why not use the system of bonus codes and promotions to max out your benefits?

One of the most effective ways to maximize your bonus offerings is to open accounts at several sportsbooks instead of just one. This is also an important part of getting the best line available on a game. I always recommend getting the max bonus when you open an account because the first deposit bonus is usually the biggest bonus you will receive. If you are going to deposit $200 then almost all sportsbooks will match 50% of your initial deposit. But, if you are going to deposit $2,000 then you should take advantage of one of the offers that will provide a %50 bonus up to $1,000. What if you are a serious bettor and have more to deposit? If you are going to deposit $5,000? In this case spread the money around. Deposit what you need to max out your bonus at each sportsbook.

Side benefit of 'bonus whoring' is getting the best line. If you initially deposit at three different sportsbooks to max out your sports betting bonus then you will also get to choose between three different betting liens when you wager. A lot of lines can be similar, such as NFL games or NBA games. However, I have found value in always taking the better line. I know that taking a half a point on an NFL game does not seem like much but I have won parlays based on a hook. I have also prevented a loss by getting a push by shopping for the best line. You should also shop for the best odds on a game. This comes into play on sports like baseball. Most MLB bets are on the money line so shopping for the best line isn't a factor but shopping for the best odds is important. Why would you bet on the New York Yankees at (-135) when you can bet on them to win at (-125) at another sportsbook. This is far more common than you think and good odds shopping can boost your return by 4 or 5 percent. That doesn't seem like much but it is a way to almost completely offset the vig in MLB wagering.

Sites We Trust

Reading sports betting site reviews helps ensure that sportsbooks play by the rules, pay out winners and are fair and friendly with their customer service. If they do not, bettors may be forced to contact management officials to outline the problems and apply pressure to have the situation fairly mediated.

Nobody wants to have a bad experience with any company they do business with, and online gambling sites are no different. That's why bettors need to do their homework in advance and find out as much about them as possible to find the best betting sites. What deposit options are available at the sportsbook? Do they have bonuses for an initial deposit and/or to re-deposit funds into an account? How difficult is it to withdraw money from your account? How many different betting options are offered at the sports gambling site? These are all important questions that need to be answered by the bettor before deciding to make a deposit.

Customer Service Will Help You

Unlike Las Vegas, where you can physically visit a sportsbook at a casino resort, online gambling sites and sportsbooks are essentially virtual casinos that accept real money to wager on real sporting events. However, this does not mean an online sportsbook's address is only located on the internet. Any reputable online book will have a physical address located on its website along with a toll-free telephone number you can use to call them and ask questions if needed. Some will even have an FAQ you can review to help you feel more comfortable about betting there.

Another important source you can use to research online betting sites is social media. Every trustworthy online gambling site should have a presence on Twitter and Facebook as a valuable customer service tool. Following and/or 'Liking' the sports betting site enables bettors to see how the company communicates and interacts with potential and current customers, giving them another level of trust and the necessary knowledge needed to make the right decision when the time comes to choose one. If a book is very responsive on social media, you can see that they really care about their customers and want to resolve issues in a timely and efficient manner.

Find The Betting Site that Fits You

Not all online sportsbooks are good at every facet of sports betting, casino wagering, poker play and horse racing. But some are more proficient and well-rounded than others, although you may not need your ideal betting site to be all that. Instead, your priorities may include making sure they pays winners quickly, offers bonus specials and provides stats, articles and tutorials for beginner players. Whatever you are looking for in an online gambling site, do not settle for anything less than one that caters exactly to your needs and provides you with all the features you require as a bettor. Read online sportsbook reviews, talk with other bettors and take advantage of a promotion to see if you like it. There's nothing wrong with making a deposit at several sites and finding the right one for you. Remember, every site has a welcome bonus so why not shop around and collect as many bonus offers as you can. Later you can always transfer out your money and deposit it in the site that you choose to stay with.

Last but not least. Take the time to read our sportsbook reviews and visit the sites we recommend.

Colorado online sports betting kicked off on May 1, 2020. There are 16 licensed Colorado online sportsbooks. Most offer sign-up bonuses including free bets and deposit bonuses that lure players to their sites instead of their competitors. Each has its own set of terms and conditions, and we cover them below so you can find the best deal for your level of activity.

**Some of the products featured here are from our partners who compensate us. This does not influence our evaluations. Our opinions are our own. All bonus and promotions have Terms & Conditions that apply. 21+ for legal online gambling sites. If you think you have a gambling problem, please call 1-800-522-4700.

Best Online Sports Betting Bonuses In Colorado

While most Colorado sportsbooks offer bonuses, some are notable for new bettors. Here are the eight best welcome bonuses in Colorado:

• William Hill – Claim A $500 Risk-Free Bet
• BetRivers – Claim A $250 Deposit Bonus with 100% Match
• FanDuel – Claim A $1,000 Risk-Free Bet
• SportsBetting.com – Claim A $150 Deposit Bonus
• BetMGM – Claim A $500 Deposit Bonus – Use bonus code SHARP
• PointsBet – Claim A Two Risk-Free Bets, up to $1,500 – Use bonus code BIGBONUS
• DraftKings – Claim A $1,000 Deposit Bonus with 20% Match
• FOX Bet – Claim A $500 Risk-Free Bet

Online Sports Betting In Colorado

William Hill Colorado

Bonus: $500 Free Bet

Claim Bonus: Willaim Hill $500 Free Bet

Defense Dollars: Wager $50 or more on the pregame or full game spread on the Washington Huskies vs. Oregon Ducks game. Earn a free bet for your team's defense:

• $1 per sack
• $2 per fumble recovery
• $3 per interception
• $7 per defensive touchdown
• $10 per safety

Remember, the risk-free bet must be used within seven days from the date it's awarded. Don't let that free bet go to waste!

BetRivers Colorado

Bonus: 100% up to $250 Deposit Match

Claim Bonus: BetRivers Sportsbook Bonus of $250

Colorado became the fourth state BetRivers launched in after Pennsylvania, Indiana, and Illinois. (It launched in Iowa shortly afterward, too.) BetRivers is owned by Rush Street Interactive, the same company that operates SugarHouse Online, but Coloradans won't get access to that site. BetRivers has a number of loyalty perks and rewards to Colorado sports bettors and is offering up to a $250 match for deposits through our exclusive link. BetRivers will match each dollar bettors deposit with a site credit up to $250. Bettors also have to use that money to bet, with BetRivers releasing one site credit for every dollar in wagers. It has the best rate of reward among Colorado deposit bonuses. But it's far from the largest.

FanDuel Sportsbook Colorado

Bonus: $1,000 Risk-Free Bet

Claim Bonus: FanDuel Sportsbook $1,000 Risk-Free Bet

FanDuel is another licensed daily fantasy sports company that entered thelegal sports betting industry in Colorado. You receive $5 in your account immediately upon signing up. You'll receive another $5 upon making a deposit. FanDuel's main welcome bonus is its $1,000 risk-free bet. You'll receive a free bet for your first wager's amount. If it loses, your account is reimbursed for the losses, up to $1,000. Winnings are eligible for cashout, but the site credits cannot be withdrawn.

SportsBetting.com

Bonus: $150 Deposit Bonus

Quatro casino login canada. Claim Bonus:SportsBetting.com $150 deposit bonus

SportsBetting.com launched in Colorado after partnering withJohnny Nolon's. SportsBetting.com offers a 100% up to $150 deposit bonus for new customers.

Bonus: $500 Deposit Bonus

Claim Bonus:BetMGM Sportsbook $500 Deposit Bonus – Use bonus code SHARP

Bet MGM is operated by MGM Resorts out of Las Vegas. It offers a risk-free bet up to $500. However, bettors must use their first bet to take advantage of this bonus. If bettors lose their first bet, then BetMGM will add risk-free bets to bettor accounts. If bettors wager $49 or less, they'll get one risk-free bet that's equal to their first bet. If bettors wager $50 or more, then bettors will get five risk-free bets that are each worth a fifth of their first bet. So, a $500 losing wager would get bettors five $100 risk-free bets. It's a little confusing, but the bottom line is bettors will get their losing stake back in the form of risk-free bets.

PointsBet Colorado

Bonus: 2 Risk-Free Bets up to $1,500

Claim Bonus: PointsBet Sportsbook $1,500 Risk-Free Bets – Use Bonus Code BIGBONUS

PointsBet offers a little something different-a dual risk-free bonus bet offer. New accounts can receive two risk-free bets, one up to $500 on a fixed-odds bet, and $1,000 for PointsBetting. PointsBetting is a spread bet which allows bettors to wager on how much their team will cover the spread by. The reward multiplies depending on how far over the threshold your team is when the game concludes. If you can guess how much you'll win, you can be rewarded exponentially. But it's a tricky bet. Best of luck if you attempt it.

DraftKings Sportsbook Colorado

Bonus: 20% up to $1000 on deposit.

Claim Bonus:DraftKings Sportsbook Bonus of $1,000

DraftKings is best known in Colorado as a legal daily fantasy sports site. It's been a licensed daily fantasy site in Colorado since 2016. Now you can bet on sports through DraftKings' app and website.

New DraftKings sportsbook players can earn up to $1,000 in deposit bonuses. When making a deposit, bettors can earn $1 in site credits for every $5 they deposit, up to $1000. That means a $5,000 deposit would receive the maximum bonus. However, DraftKings also has a playthrough requirement. Bettors get $1 in site credits for every $25 they ager after depositing. Bettors have 90 days to meet the playthrough requirement to maximize this bonus. You'll be rewarded in proportion to how much you deposit and wager, so make your first deposit and subsequent bets count!

Additional terms and conditions apply.

FOX Bet Colorado

Bonus: $500 Risk-Free Bet

FOX Bet offers new players a $500 risk-free bet on their first wager. However, it's only good for your first wager, so make sure you don't miss it. Bettors must place a bet on a line with odds of -200 or more to qualify. If you lose, you'll get site credits that match your stake up to $500. If you win, then congratulations. Enjoy your winnings.

BetMonarch

Bonus: None available

BetMonarch is the first homegrown sportsbook to launch in Colorado, both owned and operated locally. The new app launched in May 2020, about a week after Colorado legal sports betting went live. As the name suggests, BetMonarch is attached to the Monarch Casino in Black Hawk, and bettors will also be able to place bets at the retail sportsbook in person once Colorado casinos reopen.

SBK

Bonus: None Available

SBK is an online sportsbook from Smarkets, a European sports betting company based in the UK. SBK launched on June 4 and gets its odds from its betting exchange overseas. That means that SBK's odds are particularly competitive. But Colorado sportsbooks that offer bonuses or boosts can have better odds on certain lines than SBK.

Sky Ute Sportsbook

Bonus: None Available

Sky Ute Sportsbook is the online sportsbook from the Southern Ute Indian Tribe. Sky Ute Sportsbook launched on June 9 and is currently not offering a sign-up or deposit bonus.

Circa Sports

Bonus: None available

Circa Sports is an online sportsbook that started in Las Vegas at the D and Golden Gate. Colorado is its first online sportsbook outside of Nevada and promises to have high limits and great odds.

BetWildwood

Bonus: None Available

BetWildwood is an online sports betting site operated by Wildwood Casino. It offers no welcome bonuses and tends to have low odds compared to its competitors.

theScore Bet

Bonus: $1,000 Deposit Bonus with 5% Cash Back + $500 Risk-Free Bet

theScore Bet offers two welcome bonuses: the $1,000 deposit bonus and the $500 risk-free bet.

The deposit bonus rewards bettors for their first deposit, up to $1,000. But to unlock that bonus, bettors need to wager. Bettors get 5% cash back on every wager for 60 days to slowly unlock the cash bonus they earned from their first deposit. That means to get the full $1,000, bettors must:

• Deposit $1,000 on their first deposit.
• Wager $20,000 in 60 days.

Long story short, bettors will be rewarded in proportion to their play.

theScore Bet also offers a $500 risk-free bet. theScore Bet refunds your first bet if it loses for the amount bettors wagered, up to $500.

Elite Sportsbook

Bonus: $500 Risk-Free Bet

Elite Sportsbook is partnered with Red Dolly Casino. They are offering first-time users a $500 risk-free bet of up to $500 on their first bet. With a risk-free bet, the first bet is the one to go big on.

Betfred Sports

Bonus: $500 Risk-Free Bet

Betfred is a European operator that partnered with Saratoga to launch its online sportsbook in Colorado. Betfred is an official partner of the Denver Broncos and offers new players up to $500 risk-free bet when they sign up.

Superbook Sportsbook

Bonus: None Available

Superbook is a recent Colorado entrant that promises bonuses soon. Colorado is its first state after Nevada, and it'll be heading into New Jersey next.

Colorado Sports Betting Sites Launching Soon:

888 Sportsbook

888 Sportsbook isn't here yet. But when it is, it offers a $500 risk-free bet. However, that could change for Colorado before launching.

Bet365

Bet365 is a maybe, too. However, if it comes to Colorado, bettors would be able to claim a $100 first deposit bonus. It'd be the smallest deposit bonus in Colorado at that rate.

BetAmerica

BetAmerica is best-known as a horse racing betting company. It is owned and operated by Churchill Downs. It has been licensed in Colorado in the racing industry for years. However, its casino bonus is more generous than its sportsbook bonus. New casino players get a $500 deposit bonus. New sportsbook bettors get what appears to be a $50 risk-free bet.

Barstool Sportsbook

Poker odds for dummies. Barstool Sportsbook is opening a retail location in Colorado, but the app isn't live yet. When it is, bettors can claim a $500 risk-free bet.

No Deposit Sportsbook Bonus Codes

Colorado Sports Betting Promotions

Existing users can take part in sports betting promotions offered at many of the Colorado sports betting sites. Deposit bonuses reward bettors for how much they deposit and wager. Risk-free bets refund losing bets with site credits.

However, bettors will find ongoing bonuses that offer small wagers on popular games. There's lots to see, so bettors should keep an eye out for new promotions.

Deposit Bonuses

Deposit bonuses appear the most enticing. They reward bettors for how much they deposit upfront. Sportsbooks seem to know that bettors who deposit money will use it, so it makes sense for them to incentivize large deposits. Deposit bonuses are awarded at a rate expressed as a percentage. A 20% deposit bonus, like DraftKings', awards 20% of a bettor's deposit in site credits. So, a $100 deposit would earn $20 in site credits.

However, deposit bonuses often have playthrough requirements, too. Bettors need to actually use the money they deposit before unlocking their bonuses. theScore Bet awards 5% of a bettor's wagers up to the amount they deposited upfront. That way, sportsbooks ensure bettors are actually wagering.

Risk-Free Bets

Ironically, risk-free bets require bettors to risk their own money upfront. Risk-free bets reimburse bettors for how much they lose on their first bet. The advertised amount is often the maximum bet that bettors can be reimbursed for in full. So, a $500 risk-free bet often means that bettors can lose $500 on their first bet, then get that money back in site credits. That's the deal bettors can find at Fox Bet. However, bettors can't withdraw the site credits. Bettors can only get their winnings in the bank. Since these bonuses are often only good for the first bet, new bettors often miss the chance to use them. Don't be one of them. Plan the first bet carefully.

No-Deposit Bonuses

These are small, unremarkable bonuses that bettors receive upon sign up. However, these are in the form of site credits, too. They're not free money for bettors to withdraw and use as they please. Bettors must use those credits to wager at their sportsbook or forfeit them. They're usually not larger than $50, so don't get too excited about them. Barstool Sportsbook offers a $10 no-deposit bonus for signing up, knowing they'll win that money back over time. However, they can help new and nervous bettors try betting for the first time. Sportsbooks likely use these to lure the most cautious of new bettors in, hoping they'll wager more after using these first site credits.

Ongoing Event Bonuses

These are other small bonuses that are tied to specific events. BetMGM offers a deal where bettors wager $50 on college basketball and get a $25 free bet for college football. Little bundles like these help spread bets over all the events sportsbooks need money on.

How To Claim Online Sportsbook Bonuses In State

Claiming bonuses tends to be straightforward. First, bettors have to find the online sportsbook app they want to wager at. That's as easy as googling the website or searching the app store. Keep in mind that some brands have state-specific apps. If the Colorado app is available, choose that one. And don't mistake a daily fantasy sports app for a sportsbook. They're not the same.

After that, bettors must register for accounts. Creating accounts is similar to any other website. However, sportsbooks require part or all of a bettor's social security number. That may seem strange to new bettors. However, it's part of an identity verification step that all licensed Colorado sportsbooks must adhere to. No one wants to award money to money launderers, after all.

Once bettors are registered, they just have to fulfill the first terms of the welcome bonus. That could mean different things for different bonuses and sportsbooks. For example, DraftKings and theScore Bet both offer $1,000 deposit bonuses. However, they have different ways to unlock the full bonus. DraftKings requires a large deposit upfront followed by a 25:1 playthrough requirement. But theScore Bet only requires a 20:1 playthrough. That means earning the full deposit bonus requires $5,000 less at theScore Bet than at DraftKings.

But risk-free bets come with their own terms, too. Their terms often hinge on the first wager. That means planning to bet big later is a poor strategy for fulfilling those terms. Read up on bonus terms before wagering if you want to take advantage of them.

Once the terms are fulfilled, bettors will find the bonus in their accounts. That could be site credits for additional betting or risk-free bets worth redeeming. Bettors should check their accounts and betslips if they're looking for the rewards they reaped from their sportsbook bonus.

Colorado Sports Betting Bonus FAQs

21. While daily fantasy sports players only need to be 18, sports bettors must be a little older. This staves off a potentially thorny legislative issue. The idea of high school seniors gambling online is unsettling, even to gambling supporters. Raising the sports betting age got around that and likely helped keep mobile sports betting out of high schools.

Yes. Because bettors create separate accounts at each sportsbook, they can claim each sportsbook's bonus. However, they can only claim bonuses once. Each sportsbook account is tied to a social security number. It's hard to fake two accounts. Even if bettors could borrow a social security number, sportsbooks would suspend that account if they suspected that it was the same person. Sportsbooks have massive sets of data to use to identify duplicate accounts. Fooling them isn't as easy as bettors may think.

Each playthrough requirement can differ from sportsbook to sportsbook. However, most of them are associated with deposit bonuses. After fulfilling the deposit requirement for a deposit bonus, bettors often have to wager their money to unlock site credits. They can take the form of fixed site credits per dollar wagered or a percentage of wagered dollars. Bettors must understand each bonus to learn how they wish to fulfill their playthrough requirements.

Bonus abuse is using multiple accounts to benefit from bonuses multiple times. Sportsbooks anticipate a certain return-on-investment from their bonuses. They expect to spend a little money to retain bettors over their full customer lifetimes. But those calculations assume one bonus per sportsbook. Any more than that is theft.

As long as bettors aren't creating multiple accounts to profit from different bonus terms, then they're fine. They can create single accounts at multiple sportsbooks, but creating multiple accounts at any sportsbook will get them in trouble.

DraftKings Sportsbook offers a $1,000 deposit bonus at a 20% match rate. If bettors deposit $100, they can earn up to $20 in site credits. However, bettors also have to use the money to bet. DraftKings requires its bettors to play $25 to earn each $1 of site credit. In the $20 example, a bettor would need to wager $500 for the bonus credits. For the full $1,000, bettors would need to play $25,000. Bettors are rewarded based on how much they deposit and play. As long as bettors are wagering at the pace they'll normally wager, they're getting a fair value of the bonus.

FanDuel offers a $1,000 risk-free bet to its new bettors. If a bettor's first wager loses, then they'll get site credits back equal to their losing bet, up to $1,000. Betting big on the first wager may be a good value for bettors with cash to spare. However, site credits are not the same as winnings. Bettors can withdraw winnings from their accounts. They cannot withdraw site credits. Bettors can only use site credits for betting on FanDuel.

Sometimes. Some sportsbooks require bettors to use their bonuses on bets with certain odds. Colorado sportsbooks usually set the minimum odds around -200. That way, sportsbooks don't lose too much money giving away bonus credits and paying additional winnings. Each sportsbook bonus has its own terms, but this is the most common one. Bettors have to watch for these on risk-free bets more than anywhere else. Otherwise, bonus terms should be largely clear.