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Kentucky Sportsbook Promo Codes, Bonus Offers, and New User Incentives

By: Kim Smith Updated 02/11/2026, 02:10 PM ET
Fact Checked by Devin Erickson-Sheehy

As an experienced capper in the Bluegrass State, I am always searching for the latest KY betting promos to add extra value to my wagers. And trust me, when I find a good one, I am not keeping it to myself.

That is exactly why I put together this guide to the best Kentucky sportsbook promotions available right now. If you are new to sports betting, BetMGM, Caesars, DraftKings, FanDuel, and bet365 all feature strong welcome offers to help you get started. I will not only introduce these promos, but also break down how they work and share practical tips on how to use them to your full advantage.

Top Sportsbooks for Kentucky Betting Promos in February

BetMGM Sport

Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win

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Signup Promo Recommended BetMGM Sport Promo
Min. Deposit $5
Cashable No
Bet365 Sport

Bet $5 & Get $150 in Bonus Bets Win or Lose

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Bet now
Signup Promo Hot Offer Bet365 Sport Promo
Min. Deposit $10
Odds Requirements -500
Cashable Yes
Caesars Sport

Up to $250 Bonus Bet

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Bet now
Signup Promo Hot Offer Caesars Sport Promo
Wagering 1x Deposit
Cashable No
FanDuel Sportsbook

Bet $5 Get $100 in Bonus Bets If Your Bet Wins!

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Bet now
Min. Deposit $5
Wagering 1x Deposit
Cashable No
DraftKings Sport

New Customers: Bet $5+ and get $300 in Bonus Bets if it wins!

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Bet now
Signup Promo DraftKings Sport Promo
Min. Deposit $5
Odds Requirements -500
Cashable No
Fanatics

Bet $50, Get $300 in FanCash

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Signup Promo Fanatics Promo
Cashable Yes

Kentucky sports betting promos - A brief overview

Online sports betting has been legal in Kentucky since 2023, and it's one of the least-restrictive legal sportsbook locations in the United States. Besides having a low 18+ minimum age limit, Kentucky sportsbooks are legally allowed to offer college sports betting, including on in-state teams.

However, I'm always on the hunt for ways to find the best possible value for every bet that I place. More importantly, I want to share my tips with fellow bettors and sports fans.

That's why today I'd like to focus on the promos that you can claim as a new and existing user on the top betting sites in the Bluegrass State. Not only have I highlighted the best offers, but I've also explained the key T&Cs so that you know how to work around them to take full advantage.

BetMGM Sport

Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win

Show Bonus Code
Bet now
Signup Promo Recommended BetMGM Sport Review
Min. Deposit $5
Cashable No
Bet365 Sport

Bet $5 & Get $150 in Bonus Bets Win or Lose

Show Bonus Code
Bet now
Signup Promo Hot Offer Bet365 Sport Review
Min. Deposit $10
Odds Requirements -500
Cashable Yes
Caesars Sport

Up to $250 Bonus Bet

Show Bonus Code
Bet now
Signup Promo Hot Offer Caesars Sport Review
Wagering 1x Deposit
Cashable No

KY betting promos - The pros and cons

Before we hone in on the finer details of each offer, I'd like to begin with a broad overview of the key pros and cons of online sportsbook promotions in Kentucky:

Positive Aspects
  • Welcome promos from 9 top sportsbooks
  • Great betting promos for existing users
  • Very few restrictions on sportsbook bonuses
Negative Aspects
  • All promos come with T&Cs attached

The best sportsbook promos in Kentucky - My top 5 rated

I'm not one to hang around, so let's get the ball in play and throw ourselves into the action, shall we? To kick things off, here are what I believe to be the five best available sportsbook signup promos available to new customers in Kentucky right now:

πŸ€ SportsbookπŸ† Sign-up promo🎁 Promo code
BetMGMUp to $1,500 in Bonus bets if your first bet losesN/A
Caesars SportsbookBet $1 and double your winnings on your next 20 wagersN/A
DraftKingsBet $5, get $200 in Bonus Bets if your wager winsN/A
FanDuelBet $5, get $150 in Bonus Bets if your wager winsN/A
Bet365Bet $5, get $150 in Bonus Bets (win or lose)N/A

BetMGM - No-sweat first bet up to $1,500

Positive Aspects
  • Coverage for more than 25 sports
  • Features a parlay builder and cashout
  • Multiple payment methods
  • Mobile applications for Android and iOS
Negative Aspects
  • Delayed responses via email
  • Review of withdrawal requests can take up to 5 days
Visit BetMGM Sport

As a new KY customer at the BetMGM online sportsbook, you can get up to $1,500 in Bonus Bets back if the first net bet that you place on your account loses. For example, let's say you locked in a $50 wager on the Wildcats to beat the spread and they lost, you'd get $50 back as Bonus Bets, effectively giving you a second roll of the dice.

Of course, this means that if your initial wager wins, you don't get a bonus. However, you get your cash winnings, and from experience, I can tell you that cash profit always beats Bonus Bets.

When it comes to using your Bonus Bets, this online sportsbook has a user-friendly interface, particularly on the mobile app. You can find great odds and a massive selection of props betting markets, particularly for US major leagues and Kentucky-based college teams like the Wildcats and the Cardinals.

BetMGM holds a valid license for the Kentucky Horse Racing and Gaming Corporation (KHRGC), and was among the first sportsbooks to launch in the state back in September 2023. However, just be aware that the age limit is 21+ for players in all states, so if you're aged 18 to 20, you'll have to look elsewhere.

BetMGM welcome offer T&Cs

  • 21+ age limit for KY users
  • $10 minimum deposit and qualifying wager limit
  • You only get the bonus if your first wager loses
  • Bonus Bets expire if unused for 7 days
  • Bonus bets are non-cashable and cannot be withdrawn
  • No wagering requirements

Caesars Sportsbook - Bet $1 and get 20 x 100% Profit Boost Tokens

Positive Aspects
  • Generous welcome offers
  • Wide range of markets
  • Live chat support
Negative Aspects
  • No esports available
Visit Caesars Sport

I've seen and used a lot of sports betting promos in my time, but even I was surprised the first time Caesars Sportsbook threw out this curveball of a signup offer. When you place a first bet of just $1 on your account, you'll get 20 x 100% Profit Boost Tokens. These can each be applied to your next 20 wagers up to a maximum value of $25.

Essentially, this means that you can potentially double your profits on your next 20 bets if they win, which is a capper's dream. The win cap on each token is a generous $2,500, and the boosts last for 14 days each. That's the main thing I'd look out for here; if you wouldn't ordinarily place 10 bets a week, don't up your volume just for the sake of using your tokens.

On the whole, Caesars has competitive odds for the major leagues and college sports, but can lag behind other sites when it comes to soccer and overseas sports. However, it consistently offers the best value for futures markets, such as the Naismith College Player of the Year and the Super Bowl winner.

Like BetMG, this KY sportsbook has a 21+ age limit, so just keep that in mind before you download the app.

Caesars new user promo T&Cs

  • 21+ age limit
  • $10 minimum deposit
  • $1 minimum bet
  • -1,000 minimum odds
  • $25 maximum bet limit per Profit Boost Token
  • $2,500 maximum winnings per Profit Boost Token
  • Each token lasts for 14 days

DraftKings - Bet $5, get $200 in Bonus Bets

Positive Aspects
  • Great mobile apps
  • Supports live streaming
  • Withdrawal takes 1 to 3 days
Negative Aspects
  • Subpar customer service
Visit DraftKings Sport

If you sign up to DraftKings and bet Β£$5, you can get $200 in Bonus Bets, but only if that bet wins. However, the minimum odds limit is -500, so stick as close to that line as possible and go for a low returns, high probability bet to enhance your chances of locking and loading those 8 x $25 Bonus Bet tokens.

The DraftKings name needs no introduction, but let me give you a few reasons why this site has been in the major league of sportsbooks for so long. As well as having a creative selection of betting markets for pro and NCAA Men's Basketball, DraftKings has a user-friendly app and some great existing use promos throughout the year, particularly for Men's basketball.

If you primarily wager on your smartphone, DK is definitely worth hitting up. The app is extremely user-friendly for beginners, but is also stacked with features that experienced cappers will love, such as the "My Stat Sheet", which allows you to track your betting history and stats to manage your P/L record.

You download and bet on the DK Sportsbook app in Kentucky if you are 18 or older. However, the age limit is 21+ for users in most other states.

DraftKings signup promo T&Cs

  • 18+ age limit
  • $5 minimum deposit limit
  • $5 qualifying bet limit
  • -500 minimum odds
  • Bonus credited as 8 x $5 Bonus Bets
  • Bonus Bets last for 7 days
  • Bonus Bet stake not included in returns

FanDuel - Bet $5, get $150 in Bonus Bets

Positive Aspects
  • Best in class usability
  • Available in 25+ states
  • Competitive odds and coverage
  • Top tier brand rep
Negative Aspects
  • No sportsbook VIP program
Visit FanDuel Sportsbook

FanDuel is probably DraftKings' biggest competitor in the Bluegrass State, and that's reflected in the welcome offer. Here, the welcome promo is slightly smaller, as you can get $150 in Bonus Bets if your first $5 wager loses. Other than that, the bonus T&Cs remain largely the same.

So why pick FanDuel over DK if it has a slightly inferior bonus? There are a couple of reasons, depending on your experience and betting style. As a capper, I prefer the Bet Builder at FanDuel, so I tend to use this app for my same-game parlays (SGPs).

On top of that, I also find the odds updates for college and pro sports to be better on FanDuel. Overall, FanDuel has the best live odds and the fastest updates for the NFL, NHL, MLB, NBA, and NCAA leagues.

Last but not least, the FanDuel iOS app is the highest rated in Kentucky right now. It has a 4.9-star rating based on almost 2 million user reviews, which dwarfs every other KY sportsbook app.

FanDuel welcome promo T&Cs

  • 18+ age limit
  • $10 minimum deposit limit
  • $5 qualifying bet limit
  • Bonus Bets last for 7 days
  • Bonus Bets are non-cashable

bet365 - Bet $5, get $150 in Bonus Bets, win or lose

Positive Aspects
  • Fast, reliable mobile app performance
  • Quick deposits and fast withdrawals
  • 24/7 live chat customer support
Negative Aspects
  • Unavailable in some US states
  • Phone support hours not 24/7
Visit Bet365 Sport

While I consider the DratKings and FanDuel KY sportsbook promos to have a high potential value, there is some jeopardy, as you only get your Bonus Bets if your qualifying wager wins. However, at bet365. You can eliminate that risk.

With the signup promo on this sportsbook, you get your $150 in Bonus Bets regardless of whether your $5 qualifying wager wins or loses. As with the DK promo, there's a -500 minimum odds limit.

However, you don't need to stick to it too rigidly here, as you don't need the wager to win. As a result, you can consider the value of your qualifying wager and concentrate on capping it like any other bet.

In terms of the sportsbook itself, bet365 is a UK-based brand and has the best coverage of global sports betting markets, from soccer to golf, cricket, and beyond. Therefore, if your taste goes beyond the NCAA and major league American sports, this might be the site for you.

Bet365 new customer bonus T&Cs

  • 18+ age limit
  • $10 minimum deposit limit
  • $5 qualifying bet limit
  • -500 minimum odds
  • Bonus Bets are non-cashable

Kentucky sportsbook bonuses - Final thoughts

To summarize, there are nine welcome promos on offer to you as a new sports betting customer in Kentucky. However, for the reasons specified above, the best offers are available at BetMGM, Caesars, DraftKings, FanDuel, and bet365.

Ready to kick off with some promo power? Click one of the banners on this page to create your new KY sportsbook account and load it up with some Bonus Bets or Profit Boost tokens today!

Try these top betting bonuses

BetMGM Sport

Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win

Show Bonus Code
Bet now
Signup Promo Recommended BetMGM Sport Promo
Min. Deposit $5
Cashable No
Bet365 Sport

Bet $5 & Get $150 in Bonus Bets Win or Lose

Show Bonus Code
Bet now
Signup Promo Hot Offer Bet365 Sport Promo
Min. Deposit $10
Odds Requirements -500
Cashable Yes
Caesars Sport

Up to $250 Bonus Bet

Show Bonus Code
Bet now
Signup Promo Hot Offer Caesars Sport Promo
Wagering 1x Deposit
Cashable No
FanDuel Sportsbook

Bet $5 Get $100 in Bonus Bets If Your Bet Wins!

Show Bonus Code
Bet now
Min. Deposit $5
Wagering 1x Deposit
Cashable No
DraftKings Sport

New Customers: Bet $5+ and get $300 in Bonus Bets if it wins!

Show Bonus Code
Bet now
Signup Promo DraftKings Sport Promo
Min. Deposit $5
Odds Requirements -500
Cashable No

Kentucky betting promos FAQ

πŸ†

What are the best KY sports betting promos?

Of all the sportsbooks' promos for new customers in Kentucky, the best ones can be found at BetMGM, Caesars, DraftKings, FanDuel, and bet365.

πŸ”

Where can I find a promo code for Kentucky sportsbooks?

You can find all valid KY sports betting promo codes here at WinnersandWhiners. However, I should note that often you don't need a code; you just need to access the sportsbooks via the banners on this page.

πŸ’°

What Kentucky sportsbook has a no-deposit bonus?

Sportsbook no-deposit bonuses are quite rare in KY, but not impossible to find. Keep an eye on the Kentucky promos page at WinnersandWhiners.com to see what's on offer.

Get Free $30 Credit for Premium Picks + Exclusive Discounts
Special Offer
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Play now Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ only. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). Rewards are non-withdrawable bonus bets that expire in 7 days. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for Terms. US promotional offers not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.