The best sportsbook bonuses currently offer up to $4,200 in incentives across the top online sportsbooks in the US. We are here to break down the best sports betting promos currently available across the United States! Let’s take a look.
Offers
Sports betting offers are not available in this state.
Top sportsbook bonus offers
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Online Sportsbook |
Bonus Offer & Code |
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BetMGM |
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bet365 |
Bet $5, get $150 in bonus bets OR $1,000 First Bet Safety Net |
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Caesars Sportsbook |
WAWNEWS1000 – $1,000 first bet on Caesars (paid back in bonus bets) |
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FanDuel |
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BetRivers Sportsbook |
Second chance bet (up to $500 in some states) |
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Last Verified |
July 26, 2024 |
The best sportsbook bonuses to consider
Below, you will find the best sportsbook promos available throughout most legal betting states.
BetMGM Sportsbook: Up to $1,500 paid back in bonus bets
Use BetMGM bonus code WAW100 when signing up, and you can grab the largest bonus offer currently on the market, with up to $1,500 in bonus bets available if your first bet falls short.
Here’s everything you need to know about theBetMGM sportsbook promotions
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🎁 Bonus Code: WAW100
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⭐️ Welcome Bonus: $1,500 paid back in bonus bets
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💵 Payout speed: 2 days
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📍 Available in: AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MI, MS, NJ, NC, OH, NV, NY, PA, TN, VA, WV & WY – Offer not available in NV or NY
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💰 BetMGM Deposit And Withdrawal Methods: $10 minimum: Visa, Discover, Mastercard, Online Banking, VIP Preferred ACH, PayPal, PayNearMe, Venmo, BetMGM Play
bet365 Sportsbook: Bet $5, get $150 in bonus bets OR First Bet Safety Net up to $1,000
bet365 is a newer player on the scene, recently expanding into new states such as Arizona, Indiana, Louisiana, Kentucky, and North Carolina. The bet365 Sportsbook bonus code offers users a two-option welcome bonus: Either bet $5 and get $150 in bonus bets, or get a $1,000 first-bet safety net, which is paid back in bonus bets if your first bet loses.
New players may only go after one of these offers, though. Make sure you know which one you want!
Here are some more things to know about the bet365 bonus offer:
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🎁 Bonus Code: None Required
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⭐️ Welcome Bonus: Bet $5, get $150 in Bonus Bets or $1,000 First Bet Safety Net
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💵 Payout speed: 1-3 days
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📍 Available in: AZ, CO, IN, IA, KY, LA, NJ, NC, OH & VA
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💰 bet365 Deposit And Withdrawal Methods: Credit/ Debit Cards, PayPal, Venmo, Online banking, Check, Wire Transfer
Caesars Sportsbook: Up to a $1,000 first bet on Caesars
Use Caesars Sportsbook promo code WAWNEWS1000 and receive a $1,000 first bet on Caesars, redeemable as a bonus bet if your first wager doesn’t win. Caesars is another pillar in the world of online sports betting, providing a quality betting app and recurring promos for all customers.
Here are some important details about the Caesars Sportsbook bonus:
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🎁 Promo Code: WAWNEWS1000
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⭐️ Welcome Bonus: $1,000 First Bet on Caesars or double your winnings on your first ten bets (IA & MD)
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💵 Payout speed: 1-3 days
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📍 Available in: AZ, CO, IN, IL, IA, KS, KY, LA, ME, MD, MA, MI, NJ, NY, NC, OH, PA, TN, VA & WV
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💰 Caesars Sportsbook Deposit And Withdrawal Methods: Venmo, PayPal, Skrill, online banking, bank wire transfer, and pick up cash at the casino cage at any Caesars Sportsbook retail location instantly, Caesars Play+ prepaid card.
FanDuel Sportsbook: Bet $5, get $200 in bonus bets if you win
FanDuel ranks among the most popular betting apps in the US, and for good reason. The FanDuel Sportsbook promo code grants all new customers $200 in bonus bets if they win their first bet of $5 on any market. FanDuel boasts a fantastic sports betting app, making it a superior option.
Here are some things to know about the FanDuel sign-up offer.
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🎁 Promo Code: No Code Required
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⭐️ Welcome Bonus: Bet $5 on any market, get $200 in bonus bets if you win
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💵 Payout speed: 1-3 days
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📍 Available in: AZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, MI, NJ, NY, NC, OH, PA, TN, VT, VA, WV & WY
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💰 Fanduel Deposit And Withdrawal Methods: Credit/ Debit Cards, PayPal, FanDuel Play+ Card, Venmo, Online banking, Check, Wire Transfer
BetRivers Sportsbook: Second chance bet (up to $500 in some states)
BetRivers Sportsbook offers significant insurance on a first bet, although that total varies by state. The BetRivers Sportsbook promo code offers a second chance bet of up to $500, depending on which state you’re in.
Here’s a state-by-state breakdown of how much new players can claim from the BetRivers bonus:
- Up to $500 – Illinois, Indiana, Louisiana, Maryland, Michigan, Ontario, Pennsylvania, Virginia
- Up to $250 – Colorado, New Jersey
- Up to $100 – Arizona, Delaware, Iowa, New York, Ohio, West Virginia
Sportsbook bonuses: Quick facts
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Largest Bonus Offer |
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Most Flexible Bonus |
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Best Betting app |
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Best Rewards Program |
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Most Common Welcome Promotions |
Bet & Get or Bonus Bets Back |
Sports betting promotions explained
Sportsbook promotions are a way to entice new customers to sign up by offering bonus bets and credits.
In the US, there are two increasingly popular betting promos:
- Bet & Get Promos: Place a small qualifying bet (i.e., $5) and receive additional bonus bets
- Bet Credits Back if You Don’t Win: Get your initial stake matched in bonus bets if your first bet doesn’t win
Each promotion comes with its own set of benefits and drawbacks.
Bet & get deals are usually attractive to new bettors because they don’t require a large initial deposit or bet. In many cases, you also automatically qualify for a bonus regardless of the outcome of your bet, though this isn’t always the case. More seasoned bettors might be put off by the fixed bonus amount (generally between $100-200 in bonus bets).
Bonus bets back for losing wagers are also a great promo for new bettors because they act as a safety net. If you lose your first bet, you can continue to place additional bets because your stake is matched as a bonus. The downside is that you usually won’t receive any bonus if your first bet wins.
In the end, these sportsbook promos are a great way to get your sports betting adventure off to a good start. While you investigate the many features and advantages of a new sportsbook, they give you a better opportunity at an immediate payroll boost.
How do sportsbook promos work?
Sportsbook promotions generally apply to new customers who sign up for an online sportsbook for the first time. The process works like this:
- Download a new sportsbook app or visit the website via web browser
- Sign up for a new account and complete the registration process
- Confirm your eligibility (21+ and physically present in a legal betting state)
- Enter a relevant promo code
- Make your first deposit
- Place your first bet
- Collect your welcome bonus
Bonus bets accrued via most sportsbook promotions cannot be withdrawn and must only be used to place additional bets. However, if you win your bets using bonus funds, these are converted into real currency that can be withdrawn.
Sports betting promos vary by operator and state. It’s important to read the terms and conditions before signing up to understand each bonus offer fully and know which bonus(es) you want!
Ongoing sportsbook bonuses
In addition to welcome bonus offers, online sportsbooks offer recurring offers to all customers. While these bonuses are generally quite a bit smaller in size, they provide additional incentive for bettors to stick around and continue to place their bets on a particular app.
Here’s a look at some of the most popular recurring promotions.
- Odds boosts
- No-sweat bets
- Early payouts
- Reload bonuses
- Bet matches
- Rewards credits
- Referral bonuses
All of the above provide additional methods for customers to bolster their bankroll or rack up bonus bets and credits.
Best Sportsbook Bonuses FAQ
How do I claim sportsbook promotions?
To claim a new user sportsbook promo, you must be 21+ and present in a state where online sports betting is legal. Download a new betting app, register for an account, and fulfill a qualifying action to claim a new user bonus (make a deposit, enter a promo code, and place your first bet).
What are the most common sportsbook promos?
The most common promotions are bet & get deals and bet credits back if your first bet doesn’t win.
Why do sportsbooks offer bonuses?
Sports betting bonuses are a popular method to attract new customers. Bonus bets allow users to boost their payroll and test out new app features.
Can I withdraw bonus bets?
Not usually. In most circumstances, bonus bets can only be used to place additional bets. If you win using bonus bets, you can then withdraw funds.
Do sportsbook promotions expire?
Yes. In most cases, sportsbook promos have an expiration date, which generally ranges from 7 to 30 days after an initial wager. Be sure to read the fine print before signing up for a bonus.
Are sportsbook promos worth it?
In general, yes, but this also depends on what you want from them. Sports betting promos are a great way to pad your account and test out a new app, however they still involve depositing and wagering money so be sure to understand the risks that come with that.
