The BetOnline.ag sportsbook (which is the same company/site as BetOnline.com) is currently the most popular sports betting site (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 SEPTEMBER 2020
It’s a hard time with no sports due to the COVID-19 pandemic, but online sportsbooks are now fopcusing on casino and poker games. BetOnline has updated their bonuses for theses trying times. While $1,000 is still a much bigger bonus then most sportsbooks, the 10x rollover is the industry standard for signup bonuses. Bovada bonus is only 5x rollover – But is only $250 max. The good news is this 10x rollover is only for the signup bonus, reload bonuses are a smaller 6x rollover.
BOL1000 – 50% up to $1,000 on your FIRST deposit and then use the “LIFEBONUS” code on all additional deposits forever. 10x Rollover
50NFL20 – 50% up to $500 to reload your current account to celebrate the NFL football season starting. The “50NFL20” code expires September 14, 2020. 10x Rollover
LIFEBONUS – 25% up to $250. This code is only used for ALL re-deposits FOR LIFE! Use the “LIFEBONUS” bonus code for your reload deposits. ONLY 6x Rollover
CRYPTO100 – 100% up to $1,000 on your FIRST bitcoin, Bitcoin Cash, Ethereum, DASH or Litecoin deposit and then use the “CRYPTO35” code on all additionally deposits forever. 14x Rollover
CRYPTO35 – 35% up to $1,000 on EVERY cryptocurrency deposit in August with code CRYPTO35. 8x Rollover
All of the promo codes listed above have a $50 minimum deposit required and the maximum bonus amount is $1,000 per deposit.
NEWBOL – 100% up to $1,000 on your deposit with bonus code “NEWBOL”. $5 of bonus money will be released for every $50 in rake.
$50 minimum deposit required. Players have 30 days to earn this bonus.
NEWBOL – 100% up to $1,000 on your FIRST 3 DEPOSITS with bonus code “BOLCASINO”. $10 of bonus money will be released for every 5,000 comp points earned
$25 minimum deposit required. Unfortunately, a 30x rollover is required before you can cash out.
Free Bet Promotions
Free $25 Live Bet – This promo works like this: Make your first Live Bet at BetOnline (with your own $25) and if you lose the bet, BetOnline will reimburse you the $25. If you win your first bet, this “Free $25” promo won’t work. It’s sort of like a risk free bet.
To get the $25 reimbursement: email [email protected] with the subject “$25 Live Free Bet” and include your account # and bet ticket #. The $25 reimbursement will be in your account within 48 hours. This “free Bet” is considered a bonus and the $25 will have a 6x Rollover ($150 betting requirement).
Free $50 Mobile Bet – This promo works like the Free Live Bet listed above: Make your first Mobile Bet at BetOnline (with your own $) and if you lose the bet, BetOnline will reimburse you up to $50. If you win your first bet, this “Free $50 Mobile Bet” promo won’t work. Another risk free bet that doesn’t cost anything.
To get the $50 reimbursement: email [email protected] with the subject “$50 Mobile Free Play” and include your account # and bet ticket #. The $50 reimbursement will be in your account within 48 hours. This “free Bet” is considered a bonus and the $50 will have a 6x Rollover ($300 betting requirement).
Free Play Bets are considered bonuses and do have a rollover before withdrawing.
Bonus Terms – The Dirty Details
Read these very carefully since most sportsbook bonuses can be VERY strict.
- There is now a 10x rollover requirement (was 15x before in 2018).
- 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 10x 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%)
- $7,500 in total betting is required ($750* the 10x rollover)
Bonus Example #2 – Maxing it Out
- You Deposit $2,000, so you will get a $1,000 Free Play bonus – (50%)
- $30,000 in total betting is required ($3,000 * the 10x rollover)
Our Verdict of the BetOnline.ag Bonus
I really disliked the 15x rollover requirement that was there back in 2018. In early 2019 the playthrough requirement (rollover) was reduced to just 10x! Usually the bigger the bonus, the harder it is to actually get (earn) it. Smaller bonuses are easier and have less of a rollover… but they are smaller!
The BetOnline reload 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).