Bonuses and Promos for Betting on the Tokyo Olympics

By Jerry Summer in Bonuses and Promotions
| July 18, 2021 5:08 am PDT

The 2020 Tokyo Olympic Games start in July and the whole world will be watching. The leading online betting sites are more than ready to battle for customers who will want to try their luck on the different events.

You can find plenty of 2020 Olympics bonuses and promotions for betting, both for new and existing users. If you plan to gamble with real money, you should certainly take full advantage of the different offers to increase your chances to win.

This post can give you a hand by highlighting the best promotions for betting on the Olympics. I’ve added all sorts of offers, both welcome bonuses and deals for existing customers, regular promos that can be used on the Olympics, and exclusive ones.

I will regularly check the best Olympics betting sites for more good opportunities and add them here, so be sure to return to this post occasionally.

Best Welcome Bonuses for Betting on the Olympics

Let’s begin with the top bonuses for the Tokyo Olympics offered to new customers by the leading sports betting sites.

These are the best deals you can get to boost your bankroll, so make sure to take full advantage. The following table has more details about the top welcome bonuses for Olympics betting.

Sportsbook Bonus Min. Deposit Wagering Requirements
BetUS 100% up to $2,500 $100 10x
MyBookie 50% up to $1,000 $50 10x
BetNow 100% up to $1,000 $20 10x
Bovada 50% up to $250 $20 5x
BetOnline 50% up to $1,000 $55 10x
Betway 100% up to $50 $10 5x
TonyBet 100% up to $100 $10 5x
22Bet 100% up to $250 $2 5x

All the sports betting bonuses above can be used for your Tokyo Olympics wagers, and you should definitely grab at least one of these welcome offers.

The first five online bookmakers in the table accept American players, so US customers can start their Olympics betting experience with a nice gift.

I’ve covered the main terms and conditions of each promotion above, but some have other important conditions such as minimum odds for the wagering requirements. That’s why you should look at the full list of terms before you make your first deposit. The same applies to all sports gambling promotions.

Top Crypto Promotions for the Olympics

I know that some of you like to gamble using cryptocurrencies like Bitcoin, Ethereum, and other coins as your payment method. That’s only natural because they are fast and easy to use for online gambling.

Many online bookmakers accept them nowadays and some even have exclusive crypto promotions you could use for the Tokyo Olympic Games. I’ve selected the most lucrative among them.

BetUS: 100% up to $5,000 + Casino Bonus

  • Minimum Deposit: $100
  • Wagering Requirements: 10x
  • Accepted Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash

BetUS has a gigantic deposit bonus for anyone using crypto for the first time. Pick one of the four supported coins to claim a 100% bonus of up to $5,000 and 50% up to $2,500 for the casino.

I haven’t seen a bigger deal online and it’s one of the best bonuses for betting on the Olympics. It delivers a huge boost to your bankroll and while the minimum qualifying deposit is a bit high, the wagering requirements are standard.

It’s a great offer for everyone that loves crypto, and the best news is that US players are accepted.

BetOnline: 100% up to $1,000

  • Minimum Deposit: $20
  • Wagering Requirements: 14x
  • Accepted Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Stellar, USD Coin

BetOnline’s crypto welcome bonus is not that impressive compared to the previous one, but I decided to include it mostly because of the sheer number of coins covered.

You can use cryptocurrencies that are not available anywhere else, and the entry-level is low. Even a $20 deposit will bring you extra cash you can use the gamble on the Olympics with real money.

It must be mentioned that BetOnline has plenty of reload bonuses later on and a 5% cash boost on every crypto deposit, so you can enjoy a lot of benefits even after you’re done with the welcome promo.

Bovada: 75% up to $750

  • Minimum Deposit: $20
  • Wagering Requirements: 5x
  • Accepted Cryptocurrencies: Bitcoin, Litecoin, Bitcoin Cash, Bitcoin SV

If you’re looking for the easiest welcome bonuses for the Olympics that are available for crypto, you should consider Bovada’s offer. New players can get 75% up to $750 on their first deposit and $20 is enough to trigger this offer.

You only have to wager the extra funds five times prior to withdrawing and you can do it by betting on the 2020 Tokyo Olympics. It’s a cool offer and Bovada is among the top US sportsbooks online, so joining would be a smart choice.

Other Betting Promotions for the Olympics

All the top Olympics betting sites have other promotions that are worth your attention and I’m pretty sure they will launch exclusive offers for Tokyo 2020 that I will add here in the build-up to the event.

Here’s what I have found so far. $50 for Mobile Betting

Let’s begin with an interesting offer that can help you earn extra cash using one of the best Olympics betting apps online. has a cool offer for your first wager placed on mobile.

If you lose, the betting site will give you a free bet of the same amount up to $50. You must request the cash via email within 48 hours and then wager it six times.

That’s a great way to bet on the Olympics on the move and grab a nice little bonus if your first wager doesn’t go your way.

22Bet Accumulator of the Day

22Bet has a promotion I really like, and you should check it out on a daily basis during the Olympics. The online sportsbook offers several different accumulators with boosted odds every day.

The boost is in the 5-10% region most of the time, which is more than enough if you were planning to place a bet on the same outcomes anyway.

You can usually pick from the most popular events of the day, so I’m sure that the Olympics will be 22Bet’s main focus for this promotion once the show starts.


If you want to gamble real money on huge events like the Olympic Games, getting the best bonuses possible can really help your overall chances of winning money. I hope that highlighting the top promotions for Olympics betting can help you beat the bookies, and I also recommend checking our Olympics blog for more useful posts on the games.

My colleagues and I will be following the latest odds and news, so we can deliver relevant information that can help your wagers.

I also remind you that this post will probably be updated regularly because I will be on the hunt for more cool bonuses and promotions.



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