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.

The “Bonus” is valued at 100% of the Qualifying Deposit amount, up to a maximum Bonus amount of $1,000 The Bonus will unlock into cash at a rate of 5% (“Cashback Rate”) of the wagered amount on cash bets at greater than -300 odds (e.g.200 odds or +200 odds would qualify). A match deposit bonus is called this way because the casino operator that offers it will base the bonus on your deposit and then offer to match your amount up to a certain percentage. In a nutshell, deposit match bonuses mirror the amount of money you place and are there to give your gameplay a boost if you choose to play your favourite online.

**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

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

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.

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.

The most popular online gambling site bonus is also hands-down one of the most lucrative. Deposit match bonuses are a great way for you to get some extra cash to play with or into your pocket when you make a real money deposit. Whether you’re making a first-time deposit or reloading your account, you need to make sure you’re getting as much extra value as possible! There’s free money out there waiting for you in the form of a deposit match bonus! The top online bonuses currently available are listed for you below.

What Makes These the Best Deposit Match Bonuses

There’s a reason that we can confidently say these are the best online casino match bonuses available for online gambling sites. It’s not because we’re just really good at Googling or we have good luck at picking out the bonuses that end up being great. No, it’s because we have a well-thought-out process of vetting deposit match bonuses. We know how to sort through the deposit match bonuses that are worthless and those that are worth their weight. Below, you’ll see a quick list of the reasons why we’re so confident in our list of the top match bonuses available.

The Percentage They Are Willing to Match

The quality of a deposit match bonus is heavily dependent on the percentage of your deposit they are willing to match. If they’re only going to match something silly like 10% or 15%, the bonus is pretty weak. Ideally, we’re looking for something around the 100% range. There are some situations where we would be happy with a lower percentage as long as the cap (which we will talk about next) is very high.

Lots of extra credit goes to online casinos and online sportsbooks that offer deposit match bonuses of higher than 100%. They’re actually a lot more popular than you might think, especially on the casino and slots side of the aisle. Online sportsbooks typically will have lower deposit match percentages, but we have seen some aggressive marketing campaigns before with some great reward percentages.

The real money deposit match bonuses we have listed for you at the top of the page are the biggest and the best options available. They’ve got the highest match percentages anywhere in the industry at reputable online casinos (something we will talk about more later).

The Match Bonus Cap

Not only is the percentage of the match important, but the cap at which they will match is also crucial. For example, it wouldn’t matter if an online casino was matching 5,000% if the cap they would match is $1. The match bonus cap needs to be big enough for you to actually get some value out of the bonus.

What is a good cap? It depends. The higher the match percentage is, the lower we’ll accept on the deposit match bonus cap. Typically, we see these bonuses in the range from a few hundred dollars to upwards of several thousand. Anything bigger than this is typically a red flag as it’s not really a sustainable business practice. That’s not to say that from time to time we don’t see absurd online casino match bonuses that are real, but we do take a little caution when we see anything over a few thousand bucks.

The Trustworthiness of the Gambling Site Offering the Match Bonus

Speaking of being cautious, we’re very particular about which real money online gambling sites we’re willing to list deposit match bonuses from. No, this is not because we like to play favorites or have some sort of special connection to anyone. We do this because we never want to list a match bonus from an online betting site that we cannot 100% confirm is reputable and trustworthy.

$100 No Deposit Bonus Code

Online gambling and sports betting both already have enough risk involved. There’s no reason to add additional and unnecessary risk to that equation. In order for us to recommend a deposit match bonus to you, it has to come from an online betting site that we’ve personally vetted and know to be trustworthy and reputable. By doing this, we ensure that you’ll always have the best online betting experience possible.

The Ease of Clearing the Bonus

Pretty much zero online betting sites on the web are just going to give you free money without some sort of stipulations attached. No, this is not some well-orchestrated ruse. This is the industry standard. Online betting sites would be crazy just to give away free money without at least getting something in return. Sure, they can take a loss, but they do need to achieve some sort of goal.

Typically, this goal is getting you to check out their betting site and try out their games. In order to clear your online casino match bonuses, you will have to bet that bonus money a certain number of times. This is known as a playthrough requirement. While we completely understand playthrough requirements and have no qualms with them, we do start to take issue when the playthrough requirements are ridiculous or not fair.

Deposit Match Bonus Indiana

You need to have adequate time and fair requirements clearly laid out to clear your online gambling deposit bonuses. We’ll talk later in this guide about the different ways in which real money bonuses clear, but this applies to both methods. We don’t mind putting in a little “work” to clear out a bonus as long as what we have to do is fair for both parties involved.

The Existence of Limiting Language in the TOS

One of the most boring and tedious things you can do on the face of the Earth is read through the terms of service for an online match bonus. But it’s important. No, we are not going to tell you that you have to do it (although it would be wise). Instead, we’re going to let you know that we do take the time to do it.

Why do we subject ourselves to this self-torture? Well, it’s because the TOS is where all the rules and requirements of an online casino match bonus are. It’s the fine print that can make a bonus great or quickly prove that it’s garbage. When we’re reading through the TOS of an online deposit match bonus, we’re looking for confirmation of the positives and no existence of the negatives. If we see any predatory or limiting type language in the TOS, we’re not going to recommend that gambling site’s match bonus.

They’re Tested and Active Match Bonuses

If you’ve ever tried to use a match bonus code before, you may have already experienced one of the most annoying things that can happen—the code doesn’t work. The internet is riddled with online gambling match bonuses and bonus codes that are outdated, expired, or simply don’t work.

We’re simply not cool with that. Our team regularly tests and updates the deposit match bonuses that we have listed and featured. We not only want to show you the biggest and the best match bonuses, but we want to make sure they actually work. A match bonus can be monstrous, but if it doesn’t work, it’s worthless to you.

Best Deposit Match Bonuses in 2021

While there are many different types of match bonuses online that all work differently, we still wanted to give you a few general examples of how most of them work. Below, we’ll look at two of the most common scenarios you’ll run across with the online deposit match bonuses we listed above.

Online Casino Match Bonus

Deposit Match Bonus Betting

With this scenario, the online casino site is willing to match dollar for dollar (100%) up to a maximum of $500. So, to get the most out of this bonus, you would want to deposit $500. The betting site would then give you an additional $500 in bonus money! If it’s a site that puts the money into your account right away, you will have $1,000 to start gambling and betting with. If it’s one where they separate it, you would have $500 you could bet with and $500 that you could earn for your main account.

Online casino match bonuses are designed to help you inflate your betting bankroll right off the bat. The offers at ElRoyaleCasino.com are good examples of the types of deposit match bonuses for online casinos that you’ll find. The site has an array of bonuses, including a bonus of up to 225% on your initial deposit. This offer will also give you 20 free spins on one of the site’s casino games, Cash Bandits 2.

All you have to do in order to secure this bonus is find the site’s “Bonuses” section. Once you’ve found the offer you’d like to collect, click “Redeem” or enter the requisite code into the “Enter Code” tab.

The online casino bonus code attached to this specific El Royale Casino bonus is “TRUECASH.”

Players must meet the minimum deposit amount in order to claim most real money online casino deposit bonuses. For the aforementioned ElRoyaleCasino.com bonus, the minimum deposit amount for Neosurf is $10, $20 for Bitcoin, $25 for gift cards and $30 for credit cards. Players can then use that bonus money to play casino games like slots, keno, real-series video slots, scratch cards, and more!

If you were to deposit less than $500, almost every online betting site will still match your deposit dollar for dollar in this example. So, if you made a $150 deposit, you would get $150 in bonus dollars. Now, the remaining $350 that you’re not taking advantage of is not something you can come back and get later.

With first-time deposit match bonuses, you get one crack at it and that’s it. So, we recommend that before making your first deposit, you should think about exactly how much you want to put online. Remember, you can always cash out your money at any point if you find you put in too much.

If you deposit more money than the cap, the online betting site is only going to honor the match bonus up to the maximum. So, if you deposit something like $750, you’re only going to get $500 in bonus dollars. If you deposit $100,000, you’re still going to only get the $500. For the record, if you are depositing $100k onto a real money online gambling site, make sure you contact customer support first because you may be able to get some sort of special deposit match bonus.

Online Sportsbook Match Bonus

You will also find no shortage of sports betting deposit match bonuses. Sports betting sites are in the business of attracting your business, so there are all sorts of advantageous offers out there. For example, MyBookie.ag is offering to match 50% of your first deposit up to $1,000 on the site. So, if you deposit exactly $1,000, you will be credited with an additional $500 that you can then use to place bets on sports at the site.

As is the case with casino bonuses, deposit bonus codes for online betting are required at sports betting sites.

The bonus code attached this MyBookie sports betting match bonus offer is “MYB50.”

Online betting deposit match bonuses will vary from site to site, so taking the time to shop around and check out the different offers is worth your time. While MyBookie’s previously mentioned bonus only applies to first deposits, the site will also offer reload bonuses on any subsequent deposits you make on the site as well.

In this example, your match bonus is a reload bonus. As we’ve already discussed, these are often somewhat less lucrative than first-time deposit match bonuses, but that’s not always the case. If you were to make that same $500 deposit with this match bonus, you would receive $250 in bonus dollars. Again, the bonus dollars could be put right into your account or they could be put into a separate account and released to you as you meet the playthrough requirements. It all just depends on the particular match bonus that you selected.

When it comes to reload bonuses, you don’t really have much in the way of options because it will be something offered at the online betting site you’re already a part of. But you do have other options. You can always move your action to a new online betting site to take advantage of one of their first-time real money bonuses. Sometimes, this can feel like a chore, but a little extra work can net you a lot of extra cash. Just make sure that if you are moving for a match bonus, you are moving to reputable online gambling sites. Don’t get carried away chasing bonuses to places where your money isn’t safe.

Online Poker Match Bonus

Some poker site deposit bonuses may be even more advantageous than the ones you’ll find for online casinos or sports betting sites. At BetOnline.ag, for example, they will match your initial poker deposit up to $1,000 by 100%. That means you can instantly double your poker bankroll just by entering the promo code.

If you enter this poker match bonus code: NEWBOL, BetOnline will match your deposit of a minimum of $50 dollar for dollar.

So, if you deposit $50 along with the promo code, you’ll instantly see $100 in your bankroll. Not all online deposit bonuses for poker sites are the same. Some may be less generous than the one offered at BetOnline, while some may even have a higher limit!

First Time Match Bonuses vs. Reload Match Bonuses

Match bonuses come in all shapes and sizes. Online match bonuses come in two main categories that each break down into the same three different categories that we will discuss in the next section. But first, let’s look at the two main types of deposit match bonuses. The two categories are first time deposit bonuses and reload deposit bonuses. These bonuses operate very similarly (usually the exact same).

If you are using the gambling deposit match bonus on your first ever deposit, it is considered a first time deposit bonus. If you have already been a gambler or bettor with a particular betting site and are topping up or replenishing your bankroll, that is a reload bonus.

Typically, first time deposit bonuses will be more lucrative than reload bonuses. This is not always the case, but betting sites usually feel they have to work a little harder to get a first time bettor in the door than they do keeping someone around that already knows the quality of their product. Also, first time deposit bonuses will almost always only be able to be used once. Sometimes, they will have several first time deposit bonuses (for your first few deposits), but once you get through these, it will be reload bonuses from there on out.

One quick thing that should be clear is, just because you have already made a deposit at an online gambling site does not mean you can’t make a first time deposit somewhere else. There is no magical ledger somewhere that tells every online casino or gambling site who has already cashed in on a match bonus before. If you see a killer deposit match bonus somewhere new (and it’s a reputable online betting site), there is nothing stopping you from moving your action there.

Would you skip out on using an awesome coupon at another store just because you’ve used a coupon elsewhere before? The same principle applies to deposit match bonus casino sites.

Three Types of Deposit Match Bonuses for Online Gambling

Within the categories of first time match bonuses and reload match bonuses, these promos can be broken down into three different types. While these types are all quite similar, there are some nuances to each that are important for you to understand. The best deposit match bonuses that we have recommended at the top of this page are a healthy mix of all three of these (on purpose). This is because no one type is better than the rest. It all comes down to your personal preference.

Bonus Money Directly Put Into Your Account

Some match bonuses will automatically put the bonus money you’re awarded into your account. You won’t be able to immediately withdraw it without some playthrough, but you will be able to immediately start betting with the money. For example, if you get a 100% match bonus on a $100 deposit, your account will show $200 (your $100 deposit and your $100 bonus). If you want to toss $200 on a bet, you can, because the money is free and clear for you to start betting with.

If you wanted to withdraw the money, though, you would have to meet the playthrough requirements. You could cash out your $100 at any point no matter what. But the $100 in bonus money would have to meet the playthrough requirement. Regarding how the money that you win from the bonus dollars is handled, that will vary greatly from site to site. You will want to chat with customer service or read the match bonus breakdown to get the exact details.

This type of bonus is great for those of you that are looking to play a little higher stakes than your deposit allows for. It can sometimes get a little confusing as to what you can and can’t cash out, but if you’re planning on playing for an extended period of time, this isn’t going to be an issue at all.

Bonus Money Separated and Released as Earned (Increments)

The second type of online gambling match bonus you will see is one where your bonus dollars are kept separate from your main player account. You won’t be able to gamble with that money until it is released into your player’s account. Once the money is put into your player’s account, you are free to do anything you want with it, including withdrawing it. The money is moved into your player’s account as soon as you clear the playthrough requirement.

But sometimes, the playthrough requirement can be bigger if you are making a big deposit. This is where a lot of online betting sites will separate your bonus money into several smaller bonuses that clear separately to make things easier on you. This is the most popular method we see used for online match deposit bonuses.

For example, let’s say that you got the same $100 bonus on a $100 deposit. The funds would be initially held in separate accounts. The maximum bet you’d be able to make is $100 because that is all that is in your active account. As for the $100 in bonus dollars, the casino might look to split that up into 10 separate $10 bonuses. So, the total amount of bonus money is the same, but it is now treated as 10 separate little bonuses.

Why does this matter? Well, let’s say that the playthrough requirement is 10x. This means that for every $10 you gamble or bet, you will unlock $1 in bonus money. So, if you had to unlock the entire bonus at once, you would have to gamble $1,000. This isn’t the amount you have to deposit or lose, but simply the total of all bets made. Unless you lose every single bet, your total amount bet will be much higher than the amount you bought in with.

Sometimes, there are time constraints on deposit match bonuses. Maybe you’re not looking to play that much or gamble hard enough to clear that bonus. This is where the smaller increments are great. For every $100 in total bets you make, you will unlock $10 in bonus money. So, if you wager $300, you’ll unlock $30 of your bonus money. It allows you to incrementally earn your match bonus without risking losing out on the entire thing because you didn’t meet the playthrough requirement.

Bonus Money Separated and Released as Earned (Entirety)

The last type of real money deposit match bonus that you will see from time to time is exactly like the last type except the money is not separated out into smaller bonuses. The only way that you can clear the match bonus is by clearing the entire thing. These types of match bonuses are becoming rarer because online betting sites are realizing that they are not preferred by players. Unless you are positive that you can clear the bonus in the time allotted, you risk not getting anything for your deposit.

The trade-off, though, is that these bonuses are often bigger. This is a double-edged sword, though, because the bigger the bonus, the more play it takes to clear. We list some of these larger bonuses, but we are hesitant sometimes if we think too many people will struggle to clear them. We do like when they are smaller in total size, but have a lower playthrough threshold, giving them a lot more value.

You don’t have to worry about any of this, though. We do all the sifting and lifting to ensure we’re showing you the best online casino match bonuses options available.

I Don’t See Any Bonus Codes. Where Do I Put in the Bonus Code?

The days of the bonus code are numbered with online gambling. Why? Well, it’s because there is a much better and more efficient option out there. With bonus codes, you have to make sure you copy the code properly, make sure the code is still active, find where to input the code, make sure you put the code in at the right time, and then hope that everything worked correctly for you to get your deposit match bonus. Yeah, that’s a lot of steps that can go wrong and result in you not getting the match bonus you came for.

What online betting sites have developed now are dedicated links. A dedicated link is a special web link that automatically applies the match bonus to your account when you click it. You don’t have to input any match bonus codes or anything like that. You will 100% get the bonus no matter what. And if for some reason that bonus is expired, and it hasn’t been caught yet, it will almost always just apply the next best available bonus for you!

If you don’t already have an account created, that doesn’t matter. When you create your account through the dedicated link, the match bonus will automatically be cued up for you when you make your first deposit. Not ready to make that deposit yet? Doesn’t matter. The bonus will stay attached to your account, and as long as that bonus is still active, you’ll receive the deposit match bonus.

So, it really is that simple. All you need to do is head back to the top of this page and select the match bonus that you want. Click the button or link next to the bonus, and that is it!

Why Do Online Betting Sites Offer Match Bonuses?

You may be a little curious or skeptical as to why online gambling sites offer deposit match bonuses. Here’s why. To them, these bonuses are a form of marketing. The online gambling industry is super competitive. There are not tons of great options to choose from. Online gambling sites have found that the most effective way to get new gamblers in the door or keep existing ones around is to throw them free money.

But if they are able to retain a certain number of customers for the long term, it becomes a profitable move. So, that being said, you should fully take advantage of these deposit match bonuses knowing full well it will cause the betting site to lose money. They know what they are doing, though, so the process is sustainable. It’s the same as brick and mortar businesses offering free samples or buy one get one free promotions to new customers. Yes, they are going to lose money on it, but if they can acquire a new customer, it’s a win for them.

How Often Do You Update This List of the Best Deposit Match Bonuses?

Our list of the best real money match bonuses is consistently updated to ensure that we’re showcasing the top match bonuses available at online casinos, online sportsbooks, and other online betting sites. There is nothing that irks us more than expired bonus codes or match bonuses that are not the biggest bonuses around. If you want to save yourself the time of spending hours on Google looking for the best online bonuses, you’ve come to the right place. It does not get any better than the match bonuses at the top of this page.