More than 30 states have legalized online sports betting, and there are dozens of sportsbook promos available to claim. Top brands offer the best sportsbook bonuses to stand out from their rivals and attract new customers.
Here, you’ll learn how to claim and use sports betting bonuses, and discover the best offers available today.
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With so many betting bonuses to choose from, it can be difficult to know which ones are right for you. After testing and reviewing all sportsbook promos across the industry, three stand out above the rest.
It’s always good to compare different sports betting bonuses to find the top fit for your needs. Continue reading to determine which of the best online betting sites have promo offers that could work for you. We break down the different types of promos awarded to active players and offer tips for making the most of them.
FanDuel welcome bonus: Get $350 in Bonus Bets Guaranteed When You Bet $5 for 7 Days
FanDuel is one of the top U.S. sportsbooks with many sports to bet on, some of the best odds on the market, and a fantastic live betting section. Check out the FanDuel Sportsbook promo code for a great deal that helps pad your bankroll.
The FanDuel welcome offer for new players is Get $350 in Bonus Bets Guaranteed When You Bet $5 for 7 Days! With minimal investment up front, you can turn $35 into $350 just for showing up throughout your first week as a FanDuel customer. You'll keep the winnings, but not the original stake, when you hit winners with your bonus bets.
In addition to the welcome offer, FanDuel offers a wide range of other promotions for existing users. There are several profit boosts, and there are always offers for in-season sports. There's a lot to like about FanDuel Sportsbook, from the top-notch app and 24/7 customer service to fast payouts and a wide variety of payment options.
DraftKings welcome bonus: Bet $5, Get $100 in Bonus Bets
DraftKings is the go-to sportsbook for many players, offering solid bonuses and promotions, competitive odds, a wide range of betting markets, a great loyalty program, and more. If you want to join a top-notch sportsbook with a simple welcome bonus, check out the DraftKings Sportsbook promo code offer.
New players can take advantage of the offer to receive a Bet $5, Get $100 in Bonus Bets deal. It's a win-win situation, as you get $100 in bonus bets (four $25 bet tokens) regardless of whether you win or lose the qualifying wager.
You can also take advantage of other bonuses and promotions that DraftKings Sportsbook has to offer. Roll like royalty in the Dynasty Rewards VIP program, where you can rise up the tiers and improve the benefits you receive. In the program, you can get exclusive promotions, a personal VIP host, access to game tickets and private events, and benefits with the DraftKings retail casino and sportsbook partners all around the U.S.
DraftKings got it right with its sportsbook product. It offers one of the best betting apps, 24/7 support, a wide range of banking options, great live betting, terrific promotions, and much more.
BetMGM welcome bonus: Get Up to $1,500 in Bonus Bets if Your Bet Doesn't Win
BetMGM is a popular online sportsbook that offers competitive odds and a wide variety of pre-match and live betting lines. The BetMGM Sportsbook bonus code offer is among the highest-value deals this month.
The welcome bonus offers players up to $1,500 in bonus bets if their qualifying wager loses. In other words, the value of your first bet will be matched with bonus credits if it doesn't win.
Alongside the first-bet refund, you can look forward to receiving plenty of odds boosts and joining the BetMGM Rewards program, which allows you to earn credits and real-world perks with every wager placed. Plus, with quality customer support, a well-designed app, and a full range of payment methods, there is plenty to enjoy at BetMGM.
bet365 welcome bonus: Claim a $1,000 First Bet Safety Net or Bet $5, Get $200 Offer
At bet365, you get a choice of no less than two welcome offers with no need to use any kind of bet365 bonus code.
The $1,000 first bet safety net works in the same way as BetMGM's welcome bonus. If it loses, your first bet will be fully matched up to $1,000. The bet $5, get $200 deal rewards new customers with $200 in bonuses regardless of the outcome of their qualifying bet.
After registering, you can take full advantage of several other sportsbook promos, including early payout offers for multiple sports. bet365 has a solid reputation for the quality of its odds, and it also provides free live streaming. The website is user-friendly, customer support is responsive, and you can make secure deposits and withdrawals with most major payment providers.
Caesars Sportsbook welcome bonus: Get Your First Bet Matched up to $250
This legacy brand has introduced a unique welcome offer, and you can begin reaping the benefits of the famous Caesars Rewards program immediately.
Join with our click-to-claim Caesars Sportsbook promo code, and your first wager will be matched up to $250 with bonus bets, no matter if it wins or loses.
You’ll find quality coverage of all major and minor sports here, and the betting markets are easily accessible via the streamlined betting app. Customer support will be on hand to help with any issues, withdrawal times are famously fast, and Caesars is a prime example of a top-rated online sportsbook.
How do we rate online betting bonuses?
With so many sports betting bonuses to choose from, it may seem challenging to determine which ones are best for you. While that’s true, our team has a few key criteria in the PlayersBest rating system that we keep in mind when comparing bonuses as fairly as possible. They include:
Terms and conditions
Any sportsbook bonus is only as strong as the terms and conditions that accompany it. After all, these determine what you must do to receive the deal and how you can actually use it. We look for clear fine print that gives you a fair way to claim the promo, and you shouldn’t have to tangle yourself in knots using it either. Be sure to avoid any sportsbook promo that doesn’t have clear terms and conditions.
Bonus amount
We’re not saying that bigger is always better, but there is certainly something more useful about a betting bonus that gives you $100 rather than $10. Just remember that the larger sportsbook offers and casino bonuses tend to have more complex wagering requirements.
Flexibility
We don’t appreciate it when we can use a sportsbook bonus only on one sport or even on a single event. Instead, it’s far more preferable to have the freedom to use that special offer for betting on anything from the NBA and NFL to the MLB, NHL, or any other leagues.
Value for money
This can be a tricky one to work out, but it should become apparent once you dig through the T&Cs of the bonus. For example, you might find a deal that gives you $200 in bonus bets for winning a $5 qualifying wager, whereas another deal gives you $150 in bonus bets simply for placing a $5 bet. The first deal might look better on paper, but the second offer is easier to claim.
Types of online sports betting bonuses
There's an endless range of betting bonuses at online betting sites and social sportsbooks. You’ll have plenty of fun finding new ways to earn more from your bets. Most sportsbook promos fall into three main categories:
Welcome bonuses: These are special offers you can receive when you sign up with an online sportsbook for the first time.
Promotions for existing customers: Deals that existing customers can take advantage of after signing up.
Rewards programs: Long-running loyalty programs that give you various benefits based on your betting activity with an online sportsbook.
Each sportsbook bonus category offers a range of deals, with some overlap. So here is a thorough, but not exhaustive, rundown of the main sportsbook promos you’re likely to come across:
These are simple deals where the size of your first deposit determines the value of the bonus credits you receive. For example, if you get a 100% deposit match bonus up to $1,000 and you deposit $10, you will receive $10 in bonus funds. However, if you deposit $2,000, your bonus is capped at $1,000.
These are common at most major online sportsbooks, and they give you a set amount of bonus bet tokens for making a qualifying bet. An example of this is when you have to bet at least $5 to receive $200 in bonus bets. Just remember to check whether your qualifying bet has to win in order to activate the special offer.
Also known as second-chance bets, these deals typically refund your qualifying bet with site credits if it loses. For example, you could sign up for a sportsbook, make an opening bet of $10 that loses, and the bonus would activate, giving you $10 in bonus bets. Note that the bonus won’t be activated if your qualifying bet wins.
These are simple deals that enhance the odds for specific betting markets. So, if you decide to wager on the San Francisco 49ers to beat the Los Angeles Rams and the odds are -190, an odds boost could lengthen the odds to -100. This essentially gives you a higher potential return for making the same bet. Some odds boost tokens are reserved for specific betting markets, but many sportsbooks give you the power to decide what to use them on.
This type of sportsbook promo offers you bonus credits without having to make a qualifying deposit. If you join a sportsbook with a $10 no-deposit bonus, you'll get $10 in site credits before adding funds to a new account. No-deposit bonuses are becoming increasingly rare, so don't expect to find these deals regularly.
If you get a friend or family member to sign up with an online sportsbook using your unique referral code, you will be rewarded with site credits, loyalty rewards, or another perk. Check the fine print of these deals, as your referred friend may also have to make a qualifying deposit or bet before you get anything in return.
These are just like regular deposit match bonuses, only they are reserved for existing customers. At some betting sites, you can only take advantage of these deals on certain days of the week or with select payment methods.
Parlay betting is risky at the best of times, and these deals offer you a kind of insurance. This is because they will typically refund your stake if just one leg of your parlay lets you down. Once again, there will be minimum odds restrictions here, and chances are they require a minimum number of selections in your qualifying parlay, too.
This is where your winning parlay or same game parlay (SGP) receives boosted odds and a higher payout. For example, you could get a 5% boost for having three selections, but a 10% boost for having at least four selections.
If your team goes up by a certain number of points or goals, your wager will be settled early as a win regardless of the final outcome. For example, let's say you bet on the Kansas City Chiefs to beat the Buffalo Bills. If the Chiefs go ahead by 14 points, this would be enough to settle the bet early, even if the Bills come back to win the game.
These are promotions that don’t have an endpoint and give you a variety of benefits based on your betting activity with the sportsbook. They usually work by giving you reward points for every bet you place. You can climb the loyalty levels and redeem points for perks. For each new level reached, you will get various benefits that improve as you progress. Such benefits can include anything from bonus bets to cashback, faster withdrawals, real-world perks like hotel stays, and you can even get your own account manager.
These are usually just like rewards programs, except that they are invite-only and you’ll need to show your dedication before you gain admittance. The perks are usually better, too, including invitations to special events, VIP hosts, tickets to major sporting events, and so on.
Sportsbook bonus terms and conditions to know
All sports betting promos come with terms and conditions you should understand. Failure to read the T&Cs is one of the biggest reasons why bettors don't receive the full value of their sportsbook promos.
Be sure to look out for the following bits of fine print:
Wagering requirements
Many newcomers to betting bonuses get caught up in the playthrough requirements. These refer to how many times you are expected to wager your bonus credits, your deposit, or both before you can withdraw any winnings.
If you claim a $10 bonus with 5x wagering conditions, you must wager $50 before you can withdraw bonus funds.
It’s also worth noting that some bonus credits can be withdrawn as cash, whereas in most cases, you’ll only be able to withdraw the extra winnings generated by the promo offer.
Time limits
Most sportsbook promos and bonus bets expire if they're unused after a certain number of days. You might get anywhere between 24 hours and several months to use your bonus bets. You will also find that such time limits also usually apply to how long you have to fulfill the playthrough requirements.
Odds restrictions
Chances are that both your qualifying bets and bonus bets will be subject to odds restrictions. For example, your opening bet might only be eligible if it is made at odds of +100 or longer. Or it could work the other way, where your bonus bets cannot be used on odds greater than +500.
Qualifying deposits
You usually have to make a minimum opening deposit of anywhere between $5 and $20 before you can activate a sportsbook’s welcome offer.
Not only that, but you might also find that the qualifying deposit can only be made with certain payment methods. It’s common for deposits made with certain e-wallets to be ineligible for betting bonuses.
Eligible bets
Some qualifying wagers and bonus bets can only be placed on specific sports, events, or bet types, such as parlays. For example, a sportsbook welcome bonus that only gets activated when you place a same game parlay (SGP) on the Super Bowl.
Bet and winnings limits
Some sportsbook promos will restrict the amount of bonus bets that can be placed at one time. Plus, you may find that there is a limit on how much you can win with your special offer.
Cashouts
The majority of sportsbook sign-up offers cannot be redeemed if your qualifying bet is cashed out early. The same applies if you cash out any bonus bet tokens before the game is finished.
How to claim sportsbook promos for new customers
While there are a variety of sports betting welcome offers, most can be claimed in a similar way. You typically have to follow these steps to get your bonus:
Click on an online sportsbook featured in the banners of this page to be taken to their site from the browser of your computer or mobile device
Register your sportsbook account by filling in the registration form with some basic personal information. This usually includes your name, address, email, phone number, and date of birth
Enter a sportsbook promo code, if required, in the relevant box (you can find any necessary promo codes on our banners)
Submit your application and verify your identity by providing the required government-issued photo ID or proof of address
Make a qualifying deposit, if necessary, with one of the permitted payment methods
Complete any extra steps, such as making a qualifying bet
Once you have completed this process, the sign-up offer should be activated, and you'll receive the bonus either immediately or when your qualifying wager settles.
Play responsibly with your sportsbook bonus
While sportsbook promos can be rewarding, they're only enjoyable when used safely and responsibly. It's easy to get carried away with bonus bets or spend too much time and money on your sports betting.
All of our recommended online sportsbooks offer a variety of responsible gambling tools. Here are just some of the ways in which you can keep your bets in check:
Limits: You can limit anything from deposits and betting amounts to losses and the time spent on the sportsbook app.
Timeouts: These allow you to take a temporary cooling-off period to slow down your betting.
Self-exclusion: Here, you can set a temporary pause or even permanent closure of your sportsbook account.
Responsible gambling organizations: You’ll find links to state-level and federal gambling organizations that can give you expert help with any betting concerns.
Final thoughts: Have fun using the best sportsbook bonuses
Sportsbook bonuses remain perhaps the most enjoyable way to add an extra dimension to your bets. These deals work in different ways to give you extra bonus bets, boost your odds, and even refund your losses.
Just remember to check the terms and conditions of each deal to make sure you know exactly what you are signing up for. You can use our Sportsbook Finder tool or click any sportsbook promos in the banners of this page to get started with an enjoyable betting experience.
18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading involves high risk and may result in loss of your entire investment. See polymarket.us/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated derivatives exchange and clearing organization.
It depends on which state you are betting from, but you will usually have to be at least 21 years old. You'll need to verify your identity before you can use these betting promos.
It’s possible, but it’s actually pretty rare. Most sportsbook promos require you to make a qualifying deposit and/or bet before you get anything in return.
You can usually wager on whatever sports you enjoy. Most sportsbooks offer odds for more than 20 sports, with a focus on football, basketball, baseball, and hockey.
Yes, as long as you are in one of the states that permit online sports betting. There are 30+ states with legal online betting in the U.S., and you can receive sportsbook bonuses from all of them.
The best option is to contact the sportsbook’s customer service team via live chat, email, or phone. Just remember to check the FAQs first, because you might find the answer you’re looking for there.
150% First Purchase Offer: Up to 600K Gold Coins + 303 SC FREE
Claim Bonus
No purchase necessary. Void where prohibited by law. Not available in AL, CA, CT, DE, ID, KY, LA, MD, MI, MT, NV, NJ, NY, TN, WA, and WV. Age 21+ Additional T&Cs apply.
