Online sports betting has grown rapidly in popularity, and so have the promotions that attract new players. One of the most appealing promotions offered by online bookmakers is the welcome bonus. Whether you’re a casual bettor or a seasoned pro, starting with extra funds gives you a head start. In this comprehensive guide, we’ll review the top betting sites with welcome bonuses in 2025, what makes them stand out, and how you can make the most of your bonus.
Comparison Table – Best Betting Sites with Welcome Bonuses
| Betting Site | Welcome Bonus | Min. Deposit | Wagering Requirement | Bonus Code |
|---|---|---|---|---|
| Bet365 | 100% match up to $100 | $10 | 10x | BETNEW100 |
| FanDuel | $150 in free bets after $5 bet | $10 | None | – |
| DraftKings | 20% match up to $1,000 | $5 | 25x | – |
| BetMGM | Risk-free bet up to $1,000 | $10 | N/A | – |
| PointsBet | 5 x $50 Second-Chance Bets | $10 | None | – |
What is a Welcome Bonus?
A welcome bonus is a promotional offer provided by online betting platforms to attract new customers. It usually comes in forms like:
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Deposit match bonus – The site matches your first deposit up to a certain percentage.
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Free bets – Bonus funds or free wagers for signing up.
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No deposit bonus – Bonus money offered without any deposit needed.
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Risk-free bet – If your first bet loses, you get your money back in bonus funds.
These bonuses are designed to give new users more chances to bet without using too much of their own money upfront.
Top Betting Sites Offering Welcome Bonuses in 2025
1. Bet365
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Welcome Bonus: 100% match up to $100
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Bonus Code: BETNEW100
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Wagering Requirement: 10x
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Minimum Deposit: $10
Bet365 remains a leader in the betting industry, with a solid platform, multiple markets, live streaming, and competitive odds. Their welcome bonus is perfect for new users looking to explore a wide range of sports.
2. FanDuel Sportsbook
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Welcome Bonus: $150 in free bets after a $5 bet
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Wagering Requirement: None (bonus funds not withdrawable)
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Minimum Deposit: $10
FanDuel is one of the most popular sportsbooks in the U.S., with user-friendly mobile apps and generous promotions. Their welcome bonus is simple and effective for first-timers.
3. DraftKings
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Welcome Bonus: 20% deposit match up to $1,000
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Wagering Requirement: 25x
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Minimum Deposit: $5
DraftKings is ideal for those who love fantasy sports and betting. Their bonus is more long-term, giving consistent players added value.
4. BetMGM
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Welcome Bonus: Risk-free bet up to $1,000
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Wagering Requirement: N/A (bonus bet is non-withdrawable)
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Minimum Deposit: $10
Backed by MGM Resorts, BetMGM is known for its premium betting experience and strong customer service. Great for both casual and serious bettors.
5. PointsBet
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Welcome Bonus: 5 x $50 Second-Chance Bets
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Wagering Requirement: None (bonus bets not withdrawable)
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Minimum Deposit: $10
PointsBet offers a unique style of betting and a generous welcome offer that caters to those who want to experiment with different betting options.
How to Claim Your Welcome Bonus
Claiming your welcome bonus is typically straightforward:
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Register: Create a new account on the betting platform.
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Use Promo Code (if required): Enter any required bonus codes during sign-up or deposit.
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Make a Deposit: Fulfill the minimum deposit requirement.
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Place a Qualifying Bet: Some bonuses require a specific bet type or odds to activate.
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Receive Your Bonus: Once the conditions are met, the bonus funds or free bets will be credited to your account.
Tips to Maximize Your Welcome Bonus
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Read the Terms & Conditions: Always check for wagering requirements and bonus expiry.
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Stick to One Site at a Time: Avoid spreading your bankroll too thin across platforms.
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Bet Strategically: Use your bonus on bets with higher success probability.
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Track Your Bonus Progress: Monitor how close you are to meeting wagering conditions.
Common Welcome Bonus Terms Explained
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Wagering Requirement: Number of times you need to bet the bonus before you can withdraw it.
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Odds Requirement: Minimum odds needed to qualify a bet for bonus use.
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Bonus Expiry: Duration before your bonus becomes invalid.
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Restricted Games/Sports: Some bonuses can’t be used on all sports or bet types.
Pros and Cons of Welcome Bonuses
Pros:
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Boosts starting bankroll
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Encourages exploring the site
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Often includes risk-free bets
Cons:
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Wagering requirements can be high
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Time-limited offers
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Some offers require high minimum odds
FAQs – Betting Sites with Welcome Bonuses
Q1. Can I withdraw my welcome bonus immediately?
No. Most welcome bonuses come with wagering requirements that must be met before withdrawal.
Q2. Can I claim multiple welcome bonuses?
Yes, but only one per betting site. You can sign up with multiple sites to take advantage of different offers.
Q3. Do I need a promo code?
Some sites require a promo code, while others automatically credit the bonus.
Q4. What is the best type of welcome bonus?
It depends on your betting style. No-deposit bonuses are risk-free, while matched deposits offer more value.
Q5. Is it legal to claim betting bonuses in my state or country?
It depends on your local gambling laws. Always check your region’s regulations before signing up.
Conclusion
Welcome bonuses are a great way to get started with online betting, offering a financial cushion while you explore different platforms. From industry giants like Bet365 and DraftKings to rising stars like PointsBet, there’s no shortage of offers tailored for new users. Always read the terms, pick the bonus that suits your betting habits, and play responsibly.