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Last Updated:
Aug 30, 2024
Deposit Match Sportsbook Bonuses
If you are looking for the best Deposit Match Bonuses for sports betting, you've come to the right place!
21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
| Betting Site | Sign Up Bonus | Min Odds | Active States | ||||||
|---|---|---|---|---|---|---|---|---|---|
#1 |
100% Deposit Match up to $250 |
Min Odds
-200 |
Active States  |
T&C Apply
Get Your First Deposit Matched 100% up to $250 in Bonus Bets 21+. New customers located in AZ only (excludes Indian lands). Minimum $100 deposit. Bonus amount is equal to 100% of the deposit amount, not to exceed $250. Must wager deposit plus bonus amount (“Wagering Requirement”) in order to meet the wagering requirements for this Promotion. Bonus Money expires after 14 days of issuance. See full T&C at Desert Diamond. | |||||
#2 |
Bet $5, Get $150 or $1,000 First Bet Safety Net |
Min Odds
-500 |
Active States  
+7 |
T&C Apply
Get $150 in Bonus Bets After Your First Real Money $5 Wager or Up to $1,000 Back in Bonus Bets if Your First Wager Loses 21+. New customers only. Limit one bonus per user. Offer available in AZ/IA/IN/KY/LA/NJ/NC/OH/VA. Different offers available in CO & PA. First online real money wager for both offers. $10 first deposit required within 30 days. Minimum wager of $5 required to claim the $150 Bonus Bets. Must contain at least one selection at odds of -500 or greater. Loss refunded as bonus bets up to $1,000 with Safety Net Offer. Bonus issued as non withdrawable bonus bets that expire in 7 days. See full T&C at Bet365. #ad | |||||
#3 |
Bet $5, Win $150 in Bonus Bets + 3 Months of NBA League Pass |
Min Odds
None |
Active States  
+19 |
T&C Apply
Place a $5 Wager and Get $150 in Bonus Bets if Your Wager Wins Plus 3 Months of NBA League Pass Win or Lose 21+. New customers only. Offer(s) available in AZ/CO/CT/IA/IL/IN/KS/KY/LA/MD/MA /MI/NC/NJ/NY/OH/PA/TN/VT/VA/WV/WY/DC. Minimum $10 first deposit required. A promotion code to access your three month subscription to NBA League Pass will be sent to your email within 72 hours of your eligible bet placement, regardless if your wager wins or lose. Promotion bonus and will be credited to your account within 72 hours of settlement of Qualifying Wager as a win. First online real money wager only (minimum $5). Bonuses issued as non-withdrawable bonus bets that expire in 7 days. See full T&C at FanDuel. | |||||
#4 |
Bet $5, Win $150 in Bonus Bets |
Min Odds
No minimum odds |
Active States
+21 |
T&C Apply
Get $150 in Bonus Bets If You Win Your First Real Money of $5+ 21+. 1 per new customer. Offer available in DC/IA/KS/KY/LA (select parishes only)/MD/MI/NJ/NY/TN/VA/VT. Bonus Bets do not require a winning wager in AZ/CO/CT/IL/IN/MA/ME/NC/OH/PA/WY/WV. Void in ONT/OR/NH. Eligibility restrictions apply. Min. $5 deposit. Min. $5 qualifying wager. Max. $150 issued as non-withdrawable Bonus Bets if your bet wins. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. See full T&C at DraftKings. | |||||
#5 |
Bet $20, Get $100 |
Min Odds
-200 |
Active States |
T&C Apply
21+. New customers in NJ only. Qualifying deposit (min $20) required. First online real money wager required (min $20, odds -200 or greater). Bonus issued as non-withdrawable bonus bets that expires in 7 days. See full T&C at Borgata. | |||||
#6 |
Bet $5 & Get $100 in Bonus Bets |
Min Odds
-250 |
Active States 
+5 |
T&C Apply
Bet $5 & Get $100 in Bonus Bets 21+. AZ/NJ/TN/VA only. Different offer(s) available in FL/IA/IN/OH. New customers only. Must make a deposit and qualifying wager of $5+. Qualifying bet must have odds -250 or longer (i.e., +100, -110). Bonus Bets will be split up into 5 $20 Bonus Bets. Bonus Bets will be loaded into accounts on bet placement. Bonus Bets will expire 14 days after issuance. See full T&C at Hard Rock Bet. | |||||
#7 |
Bet $25 on a Parlay, Get a $75 Bonus Bet |
Min Odds
+125 |
Active States
+4 |
T&C Apply
Get a $75 Fred Bet after placing a 3+ leg parlay of $25 or more 21+. New customers only. Offer available in AZ/CO/IA/MD/OH/VA. No Bonus in PA. Minimum qualifying wager of $25+. Minimum odds of -200 per leg or +125 minimum cumulative odds. Fred Bet awarded within 48 hours of bet settlement. Maximum bonus awarded is $75, and Fred Bets must be wagered within 7 days of receiving. See full T&C at Betfred. | |||||
#8 |
20% Deposit Match up to $1000 |
Min Odds
No minimum odds |
Active States
+21 |
T&C Apply
21+. New customers only. Offer available in AZ/CO/CT/IL/IN/IA/KS/KY/LA/MD/MI/NC/NJ/ NY/OH/PA/TN/VA/VT/WV/WY. Minimum $5 deposit. Bonus amount is equal to 20% of the deposit amount, not to exceed $1,000. Bonus funds will be awarded following play-through requirement of 25x the bonus amount: eg every $25 played on DFS/Sportsbook/Casino will release $1 in bonus funds. Play-through requirement must be met 90 days from the first deposit to receive maximum bonus. Full T's & C's apply, visit DraftKings Sportsbook for details. | |||||
What is a Deposit Match Sportsbook Bonus?
Deposit Match bonuses, sometimes referred to as Sportsbook Deposit bonuses, are one of the most enticing type of sign up promotions available to sports bettors in the US.
Essentially doubling your initial deposit, these bonuses give you more funds to play with right from the start - without the need to place any qualifying bets.
Desert Diamond is known for offering some of the best Deposit Match bonuses
When you make your first deposit on a sportsbook platform, the operator will match a percentage of that deposit - often 100% - up to a certain deposit amount. For example, if you deposit $200 with a 100% match offer, you'll receive an additional $200 in bonus bets, leaving you with a total of $400 to wager.
Deposit Match Bonuses are perfect for both newcomers looking to maximize their initial bankroll and seasoned bettors wanting to capitalize on extra funds to enhance their betting experience.
Are Deposit Match bonuses a dying breed?
Lewis Parker
- Editor-in-Chief
If you read our list of the best Sportsbook Deposit bonuses above, you will have noticed there are only a few ongoing 'deposit match' bonuses right now. Unfortunately, this kind of bonus has fallen out of favor with betting sites as of late.
However, we have also included other similar bonuses that do not require you to bet a significant amount to unlock your deposit bonus - with these in many cases returning a bonus that is multiple times larger than your deposit amount.
These bonuses also have very low wagering requirements, making them a great option for players look to receive a bonus without much risk.
How do Deposit Match Bonuses work?
A Deposit Match promo is the most straightforward bonus to activate and enjoy, as it does not require any kind of qualifying bet.
After signing up with a betting site that offers a Deposit Match Bonus, all you need to do is make your first deposit for a qualifying amount. The sportsbook will then match your deposit with a bonus of the same amount.
Once the bonus funds are credited to your account - usually within a few minutes - you can start placing your bonus bets. Any winnings from these bets will become redeemable cash!
While other bonus types like No Sweat Bets will only award you a bonus if your first bet loses, Deposit Match bonuses guarantee you extra funds to try out your luck and explore the platform. They offer a fantastic incentive to dive into the sportsbook with more confidence, knowing that you've got a bigger pool of funds to play with right from the get-go.
EXAMPLE OF A SPORTSBOOK DEPOSIT MATCH BONUS
You've signed up for a sportsbook offering a 100% Deposit Match Bonus up to $500 on your first deposit. Below are examples of how the bonus can be used and how winnings are paid out:
Scenario 1: Winning a Bonus Bet on an Underdog
- You deposit $500, and the sportsbook matches it, giving you an additional $500 in bonus bets. You now have $500 in real money and $500 in bonus bets to wager with.
- You place a $500 bonus bet on the Lakers to beat the Celtics at +150 odds, and they win.
- Your payout from this bet would be $750 (the $500 bonus bet does not return the stake, so you only receive the winnings). Your cash balance is now $1250.
Scenario 2: Winning a Bonus Bet on a Heavy Favorite
- You place the full $500 bonus bet on a heavy favorite—let's say the Warriors at -1000 odds. The Warriors win, but because the odds are so low, your payout is only $50.
- Even though you won the bet, the $500 bonus bet is used up, and you only receive $50 in winnings. Your cash balance is now $550.
Scenario 3: Losing a Bet with Bonus Funds
- You place the full $500 bonus bet on the Lakers to beat the Celtics at +150 odds. Unfortunately, the Lakers lose.
- Since the bet was made with bonus funds and lost, there is no payout. Your original $500 deposit remains untouched, but the bonus funds are now gone.
As you can see, with a Deposit Match Bonus, the key to maximizing your return is to use the bonus bets strategically. We highly recommend betting on higher odds with this kind of bonus, as if you go with low odds the potential of your bonus will be much less.
How to Claim a Deposit Match Sportsbook Bonus
Deposit Match Bonuses are the simplest kind of bonus to claim, taking only a matter of minutes to receive your sign up bonus of choice.
1
Choose the Promo You'd Like to ReceiveBrowse through our list of the best Deposit Match Bonuses at the top of the page and choose the one you want by clicking on the 'CLAIM' button.
Sign up promos are only offered for new clients, so be sure to choose a betting site you have had an account with before.
2
Create an AccountFill out the registration form with your information and complete the registration process.
To do this, you'll need to provide your:
- Full Name
- Email Address
- Phone Number
- Date of Birth
- Residential Address
- Last 4 Digits of Social Security Number
Depending on the regulations of your state, you may also be required to upload identification to prove you are old enough to bet legally.
3
Make a DepositUse your preferred payment method to fund your account, making sure you deposit an amount equal or greater than the minimum deposit amount stipulated in the promo Terms & Conditions.
4
Receive your Bonus!Once your deposit goes through, the sportsbook should match your deposit amount with a bonus credit (up to the stipulated amount) within minutes!
5
Use your Bonus BetWhen the bonus bets are credited to your account, review the terms such as expiration dates and minimum odds. The best Deposit Match bonuses will let you split the bonus amount into multiple smaller bets, giving you more options on how you can use your bonus.
Place your bonus bet(s) and, if they win, you'll receive the winnings credited as withdrawable cash!
What to Look for in a Sportsbook Deposit Match Promo
While your first instinct might be to compare Deposit Match promos only by the amount offered, there are many different factors that you will want to keep in mind when choosing the best bonus for you:
- Versatility
There are several different aspects you will want to keep in mind when it comes to the flexibility a Deposit Match can allow:
- Eligible Markets - The number and variety of markets you can place your Deposit Match on
- Bet Types - The types of bets you are allowed to make with your Bonus Bets
- Number of Bonus Bets - While some sites will award your bonus as a single bonus bet, others will just give you a bonus balance, letting you split your bonus bets as you wish.
- Bonus Terms & Conditions
Deposit Match bonuses all come with terms and conditions attached, which .
Make sure you read through the T & Cs to make sure what you are receiving is in line with your expectations:
- Turnover - Most Deposit Match bonuses need to be turned over only once, but its important to make sure that is the case.
- Expiration - Once you receive your bonus, you will usually have a period of 1-2 weeks to use them before they expire.
- Restrictions - Some Deposit Match can only be used on particular markets or bet types (for Example, an NFL only bonus)
- Potential Bonus Amount
When it comes to the bonus amount, there are two factors you will want to keep an eye on:
- Match Percentage - While most Deposit Match promos will match your deposit amount with a 100% bonus, others may offer a smaller match amount
- Max Bonus - Most betting sites will put a cap on the maximum bonus amount they will match. If a site offers a 100% match up to $500, and you deposit $1000, you will still only receive a $500 deposit match.
Are Deposit Match bonuses any good?
Deposit Match are one of the most sought after betting offers in the US and it is not hard to see why.
While other bonus types will require you to first place qualifying wagers using your own money to unlock the bonus, Deposit Matches will simply award you a bonus for opening an account and making your first deposit.
What we like about Deposit Match bonuses:
- ✅ Reduced Risk: Unlike No Sweat Bets, Deposit Match bonuses do not require you to place qualifying bets, awarding you the bonus without the need to risk your own dime first.
- ✅ Low Rollover: Most Deposit Match promos only require you to turnover your bonus amount once before it is converted to redeemable cash.
- ✅ 'Double' your betting balance: Most Deposit Match bonuses will match 100% of your deposit amount, essentially doubling your betting budget.
- ✅ Versatility: Most Deposit Match bonuses can be used on just about any market, and they cover most bet types.
Drawbacks to Deposit Match bonuses:
- ❌ Wagering Requirements: Much like Bet & Get promos, Bonuses are typically awarded as bonus bets, which must be wagered to be converted into withdrawable cash.
- ❌ Bonus Bets Only Return the Winnings: Bonus Bets do not return the stake amount if they win, they will only pay out the win amount.
- ❌ Expiration: Unlike Cash Back bonuses, Bonus Bets often have expiration dates, requiring you to use them within a certain timeframe.
Other Sports Betting Promos
Unfortunately for bettors, Deposit Match bonuses are not so commonly offered these days, with most US betting sites opting to offer other types of promos that require you to bet before receiving the bonus instead.
Below you will find other types of bonus you can choose from when signing up for a betting account:
Bet & Get PromosPlace your first wager for a qualifying amount and receive a bonus bet. Ex. A 'Bet $5, Get $200' awards you $200 in bonus bets once your $5 bet settles. |
Best Bet & Get Promos:  |
No Sweat BetsAlso known as 'Second Chance Bets', if your first bet loses, get refunded with a bonus bet. Ex. 'No Sweat Bet up to $500' gets you a max $500 bonus bet if your first bet loses. |
Best Second Chance Bets:  |
Bet Match BonusesReceive a bonus bet of the same value as your first bet - win or lose. Ex. Place a first bet of $500 and get a $500 bonus credit |
Best Bet Match Promos: 
|
Cash Back BonusesGet a percentage of your losses/action back as a cash bonus. Ex. Get 10% of your losses back during your first week of play. |
Best Cash Back Promos: 
|
Click any of the logos above to check out their current offers!
Deposit Match Sportsbook Bonuses FAQ
What is a Deposit Match Bonus?
A Deposit Match Bonus is a promotional offer from betting sites where they match a percentage of your initial deposit with bonus funds.
For example, if a sportsbook offers a 100% match up to $500, and you deposit $500, you'll receive an additional $500 in bonus bets to play on the platform.
How do I qualify for a Deposit Match bonus?
To successfully claim your Deposit Match bonus, you will need to go to our bonus list above and click on the 'Claim' button for the betting offer you want to receive.
Proceed to create your betting account and make a deposit for a qualifying amount using any of the available deposit methods. You should then receive your bonus matching your deposit amount within minutes.
Make sure you always refer to the Terms & Conditions of the promo to ensure you meet all the qualifying criteria.
Can I withdraw the bonus money immediately?
No, deposit match bonuses cannot be withdrawn immediately, as they are intended to be used for wagering.
You must first meet the sportsbook’s wagering or turnover requirements, meaning you’ll need to bet the bonus at least once before the funds become withdrawable cash.
Is there a time limit to use the Deposit Match bonus?
Yes, there is usually a time limit to use Deposit Match bonuses. The expiration date can differ for each betting site, so make sure to check the bonus terms to understand how much time you have to place your bonus bets before they are forfeited.
What happens if I lose a bet made with bonus funds?
If you lose a bet made with bonus funds, the bonus amount used is lost, just as if you had placed the bet with your own money.
However, your initial deposit remains intact unless you used it for the bet as well.
Can I bet on anything with my bonus funds?
Most betting sites allow you to use your bonus funds on any sports or events offered on their platform, but there may be restrictions on certain bet types or minimum odds. Always check the terms and conditions of the bonus offer.
What should I consider before claiming a Deposit Match Bonus?
Before claiming a Deposit Match Bonus you should consider the wagering requirements, expiration dates, and any restrictions on the types of bets you can place. Ensure that the bonus aligns with your betting strategy and that you are comfortable with the conditions.
Can I split my bonus funds across multiple bets?
Most sportsbooks will allow you to use your bonus funds across multiple bets, rather than being required to use the entire bonus amount on a single wager. However, you will want to check the terms and conditions of the bonus to make sure this is the case with the offer you are looking to claim.
Lewis Parker
Editor-in-Chief
Getting his start in the sports betting world at the ripe old age of 18, Lewis has been working in the betting industry in different capacities for almost 20 years. What started off as a job to pay for college quickly became a lifelong passion that would take Lewis to work in Costa Rica, Vegas, Malta, Sweden, and now back to the US.
While his career as a professional gambler has yet to take off, Lewis is known around the office for his deep knowledge of just about everything betting related, and has a knack for finding and exploiting the best betting promos and reward programs online.
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