The BetOnline.com sportsbook (which is the same company/site as BetOnline.ag) is currently the 2nd most popular sportsbook (in the US) and of course has good deposit and signup bonuses. In the last few years I noticed that they frequently change their bonus/promo codes. The bonuses seem to change with the start of every new sports season, major events (like the Super Bowl) and usually with playoffs. I have noticed that the bonus is always bigger (usually 50% to $2500 – instead of the standard 25% to $1000 bonus) at the start of football season.. Of course this isn’t too important since everybody gets a 50% bonus on all their re-deposits, so the changing bonus only affects your initial deposit.
The Current Promo Codes for June 2018
UPDATE: Unfortunately on May 18 2018, BetOnline reduced it’s max bonus from $2,500 to $1,000. While $1,000 is still a much bigger bonus then most sportsbooks, 15x rollover is ridiculously high. Bovada bonus is only 5x rollover! The good news is this 15x rollover is only for the signup bonus. The “lifetime bonus” still ONLY HAS A 6X BONUS!
BOL1000 – 50% up to $1,000 on FIRST deposit in June and then use the “BOL1000” promo code on all additionally deposits forever. 15x Rollover
LIFEBONUS – 25% up to $1,000. This code is only used for all re-deposits, use the “LIFEBONUS” bonus code for your first deposit. 6x Rollover
CRYPTOBET – 50% up to $500 on your FIRST bitcoin, Bitcoin Cash, Ethereum, DASH or Litecoin deposit and then use the “CRYPTOBET” code on all additionally deposits forever. 14x Rollover
This “BOL1000” promotional code will only work on FIRST deposits. Both of the promo codes listed above have a $50 minimum deposit required.
Bonus Terms – The Dirty Details
Read these very carefully since most sportsbook bonuses can be VERY strict.
- There is now a 15x rollover requirement (was 10x before 5/18/18).
- Rollover amount is [deposit + fees + bonus] multiplied by [required rollover]
- Bonus is issued as Free Play
- Free play only works in the sportsbook
- NO withdraws can be made for 30 days of receiving your bonus!
So the amount required to bet (rollover) will be 15x your bonus to keep your bonus money. Let’s run through some examples
Bonus Example #1
- You Deposit $500, so you will get a $250 Free Play bonus – (50%)
- $11,250 in total betting is required ($750* the 15x rollover)
Bonus Example #2 – Maxing it Out
- You Deposit $2,000, so you will get a $1,000 Free Play bonus – (50%)
- $45,000 in total betting is required ($3,000 * the 15x rollover)
Our Verdict of the BetOnline.ag Bonus
I really dislike the 10x rollover requirement on the first deposit when they have those occasional “special” 50% bonuses. I guess it is relative – The bigger the bonus, the harder it is to get it. Smaller bonuses are easier and have less of a rollover… but they are smaller!
The regular BetOnline first deposit bonus is usually a 25% bonus with a 6x rollover, then they “increase” their bonus to 50% and quietly increase the rollover to 10x and add a 30 day rule to earn the bonus. . Seems a little sneaky, but overall the bonus is a really good option if you are going to be placing a good amount of bets at BetOnline.ag. Either way the BetOnline rollovers are a tad higher than most books, but so are their bonuses. It will work if you are placing good size bets or want to use BOL as your main sportsbook.
The Best News – All redeposit bonuses will earn a 25% bonus, with ONLY A 6x ROLLOVER requirement. Only a few sportsbooks offer re-deposit bonuses (Youwager has the best reload bonus – 15% bonus with only a 4.5x rollover).