Best Sports Betting Promos & Bonuses (July 2024)

Looking for the best sports betting promos? Your search is over, as we’ve compiled the top sportsbook promotions for every kind of bettor.

🏈 Sports Betting Site💰 Best Sportsbook Promo
DraftKingsBet $5, Get $150 in Bonus Bets – Instantly!
FanaticsGet up to $1,500 in Bonus Bets over Your First 11 Days!
bet365Get a First Bet Safety Net up to $1,000 in Bonus Bets!
BetMGMExclusive Offer: Get a 20% Deposit Match up to $1,600 in Sports Bonus!
CaesarsGet up to $1,000 Back in Bonus Bets if Your First Bet Doesn’t Win!
BetRivers2nd Chance Bet up to $500!
FanDuelBet $5, Get $200 in Bonus Bets If Your Bet Wins + Bonus/Boosts Everyday!
ESPN BET$1,000 First Bet Reset!

See below for more details on each welcome offer and claim your bonus bets today. Plus, we cover additional info like how these promos work, what types of bonuses are available in the online sports betting world, and much more.

Best Sportsbook Promotions Explained

Claiming the best sportsbook promotions is as easy as using the links and/or promo codes on this page. By snagging bonus bets at one or more of our recommended operators, you can pad your bankroll to bet with more confidence.

Our betting experts have vetted these sportsbook promo codes so you only claim the best bonus bet offers.

Like other smart users, you might be curious as to how these sportsbook bonuses work and why they’re better than the rest. Check out the explainers for each promo to understand what you’re getting yourself into and why these offers are ultimately our favorites.

Best Sportsbook Promo for Easy Bonus Bets: DraftKings

As is common with many sportsbook promo codes, the DraftKings welcome bonus is a bet-and-get deal. Simply bet $5+ on any sport to get $150 in bonus bets whether you win or lose.

Because DraftKings issues the bonus bets in six $25 increments, you have less control over subsequent bets. However, you’ll get to withdraw any winnings you earn without having to meet stringent wagering requirements.

💰 DraftKings National Welcome Offer
💰 DraftKings Offer in Washington D.C.DraftKings promo code:

👍 Pros👎 Cons
Unlike other online sportsbooks, DraftKings forks over the bonus bets whether your first wager wins or loses.You can’t split the $25 bonus bet credits into smaller wagers.
You can use the bonus bets immediately. If there are technical difficulties, they may take up to 72 hours to hit your account.
You only have to make a small $5 initial wager.

Quick Look at DraftKings

Find all the details you need to know about DraftKings:

🥇 Top FeatureDynasty Rewards program
💵 Minimum Deposit$5
🤑 Minimum Wager$5
Average Payout SpeedUp to 1 day with Apple Pay, Trustly, and debit cards
🍎 App Store Rating 4.8/5 stars
📱 Google Play Store Rating4.7/5 stars
three screenshot panel of the draftkings sportsbook app, featuring the app's home page, loading page, and betslip

Now that you know about the best sportsbook promo for a bonus bet, find out how we rank DraftKings Sportsbook among the best NFL betting apps.

Best Sportsbook Promo for Rookies: Fanatics Sportsbook

While the high-value offers at Fanatics Sportsbook appeal to experienced sports bettors, they’re also attractive to newbies. In most live Fanatics states, you can get your bets matched up to $1,000 over the course of 10 days. Keep your bets as low as $5, or hit the max of $100 per day. Start small, and you can bet more if you choose as you get more comfortable.

💰 Fanatics Welcome OfferBet and Get up to $1,000 in Bonus Bets!
Promo CodeNo code needed—sign up via our link!
Eligible StatesAZ, CO, CT, IA, IL, IN, KS, MA, MD, MI, NJ, NY, PA, VA, VT, WV, WY
📝 Terms and ConditionsMust be 21+. GAMBLING PROBLEM? Call 1-800-GAMBLER
(CO/IL/KS/KY/MD/OH/MI/NC/NJ/PA/TN/VA/VT/WV/WY), (800)-327-5050 or http://gamblinghelplinema.org (MA), Call (877-8-HOPENY) or text HOPENY (467369) (NY), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), (888) 789-7777 or http://ccpg.org (CT), or 1-800-BETS-OFF (IA), or 1-800-9-WITH-IT (IN), or www.mdgamblinghelp.org (MD), or morethanagame.nc.gov (NC), or 1800gambler.net (WV).
🎯 Promo Last Verified July 2024

Users in Kentucky, North Carolina, Ohio, or Tennessee get an enhanced offer of up to $1,500! Get your bet matched up to $500 the first day, and then get a bet match up to $100 each day over the next 10 days.

💰 Fanatics Welcome Offer in Select StatesGet up to $1,500 in Bonus Bets over Your First 11 Days!
Promo CodeNo code needed—sign up via our link!
Eligible StatesOH, KY, TN, NC
📝 Terms and ConditionsMust be 21+. GAMBLING PROBLEM? Call 1-800-GAMBLER (CO/IL/KS/KY/MD/OH/MI/NC/NJ/PA/TN/VA/VT/WV/WY), (800)-327-5050 or http://gamblinghelplinema.org (MA), Call (877-8-HOPENY) or text HOPENY (467369) (NY), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), (888) 789-7777 or http://ccpg.org (CT), or 1-800-BETS-OFF (IA), or 1-800-9-WITH-IT (IN), or www.mdgamblinghelp.org (MD), or morethanagame.nc.gov (NC), or 1800gambler.net (WV).
🎯 Promo Last Verified July 2024

Bonus Terms and Conditions

Terms and conditions can be tricky, but we’ve highlighted some of the most important ones for the Fanatics Sportsbook promo code:

  • Qualifying wagers can be on any market with odds of -200 or longer.
  • You must opt into this promo each day except for the first day.

Pros and Cons of This Sportsbook Bonus

Not sure if you should start with the sports betting sign-up bonus at Fanatics? Check out its pros and cons:

👍 Pros👎 Cons
You can redeem your bonus bets in any denomination you choose.The $1,500 offer is exclusive to specific states.
You get the bonus bet match regardless of the outcome of your wagers.You have to download the app to claim the welcome offer.

Quick Look at Fanatics Sportsbook

Here’s a quick look at Fanatics Sportsbook:

🥇 Top FeatureFanCash Rewards program
🤑 Minimum Wager$5
Average Payout SpeedWithin 24 hours for certain methods
🍎 App Store Rating 4.7/5 stars
📱 Google Play Store Rating4.6/5 stars
three screenshot panel of the fanatics sportsbook app, featuring the app's home page, loading page, and betslip

Now that you know about the best sportsbook promo for rookies, find out how we rank Fanatics Sportsbook among the best MLB betting apps.

Best Sportsbook Promo for Sports Betting Vets: bet365

bet365 is offering two generous sportsbook promotions for new users, though you might get more value out of them if you’re a seasoned sports bettor.

For instance, consider the first-bet safety net you can get by registering with code GRINDERS. You’ll need to make a $10 deposit and place a qualifying wager of up to $1,000, which is a relatively high cap you can use to cushion a potentially big loss. A qualifying wager includes a straight bet, parlay, SGP, or SGP+.

💰 bet365 First-Bet Safety Net OfferGet a First Bet Safety Net up to $1,000 in Bonus Bets!
Promo CodeGRINDERS
Eligible StatesAZ, CO, IA, IN, KY, LA, NC, NJ, OH, VA
📝 Terms and ConditionsNew players only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, NJ, IA, KY, IN, LA, CO, NC, VA, OH only. Bet $5 and Get $150 in Bonus Bets at bet365. Deposit required. Bet Credits wager excluded from returns. T&Cs, time limits and exclusions apply. Registration required.
🎯 Promo Last Verified July 2024

If you use code GRINDERS and opt for the the $150 bet-and-get offer instead, it requires a $10 initial deposit, which leaves $5 in your account after the promo’s $5 minimum bet requirement. Having experience with sports betting can help you use this remaining money responsibly. Additionally, the bet-and-get offer calls for at least one of your selections to have odds of -500 or greater, so you should be familiar with reading lines.

💰 bet365 Bet-and-Get OfferBet $5+, Get $150 in Bonus Bets!
Promo CodeGRINDERS
Eligible StatesAZ, CO, IA, IN, KY, LA, NC, NJ, OH, VA
📝 Terms and ConditionsNew players only, 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER. Available in AZ, NJ, IA, CO, KY, IN, LA, NC, VA, OH only. Place a qualifying bet of up to $1000 to be eligible for a matched refund in Bonus Bets if your qualifying bet loses. A deposit (minimum $10) is required to participate in this offer. T&Cs, time limits and exclusions apply. Registration required.
🎯 Promo Last Verified July 2024

Finally, users in Pennsylvania can use code GRINDERS to Bet $5 & Get $150, plus 50 Casino Spins! It’s a great intro to not only the sportsbook but also the casino, so take advantage today.

💰 bet365 PA Welcome OfferBet $5 & Get $150, plus 50 Casino Spins!
PA Promo CodeGRINDERS
📝 Terms and ConditionsMust be 21+ and Present in Pennsylvania. Gambling Problem? Call 1-800-GAMBLER. New Users Only. Terms and Conditions Apply.
🎯 Promo Last Verified July 2024

Bonus Terms and Conditions

Before you claim the bet365 bonus code, understand terms and conditions such as the following:

  • You can claim EITHER the first-bet safety net or the bet-and-get offer in eligible states.
  • If you use the “Edit Bet” feature on your initial wager, you’ll be disqualified from the promo.
  • You have 30 days from registration to claim your welcome bonus.

Pros and Cons of This Sportsbook Bonus

Consider these pros and cons of the bet365 sportsbook promo code:

👍 Pros👎 Cons
You get to pick between two lucrative sportsbook promos based on your preferences (in select states).Bonus bets expire within seven days of receipt.
If you choose the bet-and-get offer, you’ll receive $150 in bonus bets regardless of whether your first bet is a winner.You have to deposit $10 even though the promo only requires a $5 initial wager.
Most users receive their bonus bets within an hour of qualifying bet settlement.

Quick Look at bet365

This table provides a good overview of the bet365 sportsbook:

🥇 Top FeatureLive streaming of events from around the world
💵 Minimum Deposit$10
🤑 Minimum Wager$5
Average Payout Speed1-4 hours via PayPal, debit cards, and online banking via Trustly
🍎 App Store Rating 4.7/5 stars
📱 Google Play Store Rating4.7/5 stars
three screenshot panel of the bet365 sportsbook app, featuring the app's sports page, loading page, and home page

Now that you know about the best sportsbook promo for vets, find out how we rank bet365 among the best NBA betting apps.

Best Sportsbook Promo for a Deposit Match Bonus: BetMGM

If you’re in need of a deposit match bonus, you can’t go wrong with the exclusive offer at BetMGM. You’ll get a 20% match up to $1,600 in sports bonus, meaning you’ll have to deposit $8,000 to max out this first deposit bonus. Register with promo code RG1600 today!

💰 BetMGM Exclusive Welcome OfferGet a 20% Deposit Match up to $1,600 in Sports Bonus!
Promo CodeRG1600
Eligible StatesAZ, CO, DC, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, WY
📝 Terms and Conditions21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Participant must complete the Wagering Requirements and satisfy the (10x) playthrough requirement. Visit BetMGM.com for Terms & Conditions.
🎯 Promo Last Verified July 2024

Alternatively, you can get 100% first-bet insurance up to $1,500 with code GRINDERS! If your first bet loses, you’ll get five bonus bets, each worth 20% of your original stake. If your first bet is worth less than $50, you’ll get one bonus bet equal to the value of your original stake.

💰 Alternative BetMGM Welcome OfferGet up to $1,500 Back in Bonus Bets if Your First Bet Doesn’t Win!
Promo CodeGRINDERS
Eligible StatesAZ, CO, DC, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, WY
📝 Terms and Conditions21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Participant must complete the Wagering Requirements and satisfy the (10x) playthrough requirement. Visit BetMGM.com for Terms & Conditions.
🎯 Promo Last Verified July 2024

Bonus Terms and Conditions

Be aware of terms and conditions such as these when claiming the BetMGM bonus code:

  • Meet the 10x playthrough requirement.
  • Bonus bets expire within seven days of receipt.
  • Make a first deposit of at least $10.

Pros and Cons of This Sportsbook Bonus

We’ve listed the pros and cons of the BetMGM bonuses below to help you determine if these promos are right for you:

👍 Pros👎 Cons
You can choose between a deposit bonus or first-bet insurance.The playthrough requirements are slightly higher than we see with some other sportsbook app promos.
Each promo has a relatively high cap, but you can still score value without hitting the cap.

Quick Look at BetMGM

Check out key details on the BetMGM sportsbook:

🥇 Top FeatureDiverse betting markets and competitive odds
💵 Minimum Deposit$10
Average Payout SpeedWithin 24 hours for select payment options
🍎 App Store Rating 4.8/5 stars
📱 Google Play Store Rating4.5/5 stars
three screenshot panel of the betmgm sportsbook app, featuring the app's home page, loading page, and betslip

Now that you know about the best sportsbook promo for vets, find out how we rank BetMGM among the best PGA betting apps.

Best Sportsbook Promo for High Rollers: Caesars Sportsbook

If you’re someone who can afford to get the maximum value out of the Caesars sports betting promo, you should. Place a qualifying wager up to $1,000, and if it loses, you’ll get a bonus bet token equal to the amount you bet.

While you can’t break the bonus bet token into smaller amounts, it expires within 14 days of receipt rather than the typical 7 days. The promo code for this offer is RGBAM1000.

💰 Caesars Welcome OfferGet up to $1,000 Back in Bonus Bets if Your First Bet Doesn’t Win!
Promo CodeRGBAM1000
Eligible StatesAZ, CO, MA, IA, IL, IN, KS, KY, LA, MA, ME, MD, MI, NC, NJ, NY, OH, PA, TN, VA, WV, WY
📝 Terms and Conditions21+ only. New users and first $10+ wager only. Offer valid and must be physically present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, WV, and WY only. Know When To Stop Before You Start.® Gambling Problem? IL, MD, NJ, OH, PA, TN, VA, WV: Call 1-800-GAMBLER. MA: CALL 1-800-327-5050 or visit gamblinghelplinema.org. NY: Call 877-8-HOPENY or text HOPENY (467369). ©2024, Caesars Entertainment
🎯 Promo Last Verified July 2024

Bonus Terms and Conditions

Here are the highlights regarding the terms and conditions of the Caesars sports betting sign-up bonus:

  • You must place a qualifying wager within 30 days of opening a new account.
  • You’ll receive the bonus bets within two days after your qualifying wager is graded as a loss.
  • Only the first wager is eligible for the first bet insurance, so make it count!

Pros and Cons of This Sportsbook Bonus

If you’re debating whether to claim the Caesars Sportsbook promo code, consider its pros and cons below:

👍 Pros👎 Cons
The max value is $1,000 in bonus bets, which is relatively high compared to some other sportsbook bonuses.The sportsbook only dishes out bonus bets if your first wager loses.
The bonus bet token will sit safely in your account for up to 14 days, giving you a full two weeks to use it up.You’re stuck using the full amount of the bonus bet token as a single wager.

Quick Look at Caesars

Here’s what you need to know about Caesars Sportsbook:

🥇 Top FeatureCaesars Rewards program
💵 Minimum Deposit$10
Average Payout SpeedAs little as an hour
🍎 App Store Rating 4.7/5 stars
📱 Google Play Store Rating4.3/5 stars
three screenshot panel of the caesars sportsbook app, featuring the app's home page, loading page, and betslip

Now that you know about the best sportsbook promo for high rollers, find out how we rank Caesars among the best tennis betting apps.

Best Sportsbook Promo for a 2nd Chance: BetRivers

The sportsbook promotion amounts at BetRivers vary depending on your state, but you’ll be able to secure a 2nd chance bet if your first bet loses.

Here’s the welcome offer at BetRivers in Illinois, Indiana, Louisiana, Michigan, Pennsylvania, and Virginia:

💰 BetRivers Welcome Offer in IL, IN, LA, MI, PA, VA2nd Chance Bet up to $500!
Promo CodeNo code needed—sign up via our link!
📝 Terms and ConditionsNew players only, 21+. Available in IL, IN, LA, MI, NY, PA, VA only. In order to participate in this promotion, the player needs to make a first deposit (of at least $10). Full T&C apply.
🎯 Promo Last Verified July 2024

If you’re in Colorado or New Jersey, the BetRivers sign-upu bonus is as follows:

💰 BetRivers Welcome Offer in CO, NJ2nd Chance Bet Up To $250!
Promo CodeNo code needed—sign up via our link!
📝 Terms and ConditionsNew players only, 21+. Gambling Problem? Call or text 1-800-GAMBLER. Available in CO, NJ only. In order to participate in this promotion, the player needs to make the first deposit (of at least $10) using code SPORTS. Full T&C apply.
🎯 Promo Last Verified July 2024

And finally, Arizona BetRivers users get this promo upon registration:

💰 BetRivers Welcome Offer in AZ2nd Chance Bet up to $100!
Promo CodeNo code needed—sign up via our link!
📝 Terms and ConditionsNew players only, 21+. Available in AZ. In order to participate in this promotion, the player needs to make a first deposit (of at least $10). Full T&C apply.
🎯 Promo Last Verified July 2024

Bonus Terms and Conditions

Here are some terms to know when claiming the BetRivers promo code:

  • You’ll receive your bonus bet within 24 hours of a losing bet settlement.
  • The bonus bet expires 30 days after receipt.

Pros and Cons of This Sportsbook Bonus

Despite its pros, the BetRivers bonus code also has some cons. We weigh both below:

👍 Pros👎 Cons
You have a month to use your sportsbook bonus credit.You only get the bonus bet if your first wager loses.
A qualifying wager doesn’t require minimum odds.The bonus bet comes as a singular credit equal to your first wager (if it loses), meaning you can’t break down the credit across multiple wagers.

Quick Look at BetRivers

Take a look at BetRivers’ key features:

🥇 Top FeatureSeamless sportsbook and casino app
💵 Minimum Deposit$10
Average Payout SpeedWithdrawals are typically approved within 24 hours
🍎 App Store Rating 4.4/5 stars
📱 Google Play Store Rating3.8/5 stars
three screenshot panel of the betrivers sportsbook app, featuring the app's home page, loading page, and betslip

Best Sportsbook Promo for Ongoing Value: FanDuel Sportsbook

Users can’t go wrong with the FanDuel welcome offer, as it’s one of the best sportsbook promos for users who want value beyond the initial bonus. It starts with just a $5+ bet that returns $200 in bonus bets if you win. The bonus bet credits themselves aren’t withdrawable, but the lack of wagering requirements means you can immediately withdraw any winnings.

You don’t get the bonus bets if your first bet loses, but you won’t walk away with nothing. The sportsbook offers all existing customers a boost or bonus every day. Check the promotions page for that day’s bonuses, which often feature profit boost tokens on specific games or bets like same-game parlays and live wagers.

💰 FanDuel Welcome OfferBet $5, Get $200 in Bonus Bets If Your Bet Wins + Bonus/Boosts Everyday!
Promo CodeNo code needed—sign up via our link!
Eligible StatesAZ, CO, CT, IL, TN, IN, IA, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, VA, VT, WV, WY
📝 Terms and ConditionsNew players only, 21+. Gambling Problem? Call 1-800-GAMBLER. Available in AZ, CO, CT, IL, TN, IN, IA, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, VA, VT, WV, WY only. Full T&C apply.
🎯 Promo Last Verified July 2024

Bonus Terms and Conditions

Before claiming the FanDuel Sportsbook promo code, review the key terms and conditions of this bonus:

  • Deposit and wager $5+ on any market.
  • Receive $200 in Sportsbook Bonus if your first bet wins within 72 hours of bet settlement.
  • You don’t have to bet the $200 in bonus bets in one lump sum.

Pros and Cons of This Sportsbook Bonus

Here’s what we like (and don’t like) about the FanDuel Sportsbook bonus:

👍 Pros👎 Cons
You can make your first bet on any market.You only get the bonus bets if you win.
Bonus bets are eligible to use on any market.The bonus bets expire within seven days.
Daily boosts/bonuses are available to customers regardless of initial wager outcomes.

Quick Look at FanDuel Sportsbook

Find what you need to know about FanDuel Sportsbook below:

🥇 Top FeatureDaily boosts
💵 Minimum Deposit$5
🤑 Minimum Wager$5
Average Payout SpeedUp to 24 hours for debit/eWallet
🍎 App Store Rating 4.9/5 stars
📱 Google Play Store Rating4.6/5 stars
three screenshot panel of the fanduel sportsbook app, featuring the app's home page, loading page, and NBA summer league page

Best Sportsbook Promo for Worrywarts: ESPN BET

If you’re worried about incurring losses at a sportsbook, the ESPN BET promo code RGMAX is for you. This first-bet insurance covers your initial bet up to $1,000 if it loses, allowing you to wager with more confidence.

💰 ESPN BET Welcome Offer$1,000 First Bet Reset!
Promo CodeRGMAX
Eligible StatesAZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, MI, NC, NJ, OH, PA, TN, VA, WV
📝 Terms and ConditionsNew users only, 21+. Gambling problem? Call 1-800-GAMBLER. Must be physically present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, OH, PA, TN, VA, or WV in order to wager. Players must sign up using a specified Promotion code and then place an Eligible Wager on an Eligible Game during the Promotion Period. Bonus Bets will be credited upon making the first bet. Please Gamble Responsibly.
🎯 Promo Last Verified July 2024

Bonus Terms and Conditions

Don’t claim the ESPN BET promo without reading up on its terms and conditions. We’ve listed some key takeaways below:

  • A qualifying wager consists of a bet on any market or game on ESPN BET.
  • If your first bet loses, you’ll get it back in the form of five bonus bets (each worth 20% of your initial wager).
  • Bonus credits expire within seven days of receipt.

Pros and Cons of This Sportsbook Bonus

Make sure you understand the pros and cons of the ESPN BET offer so you can decide whether to claim it or not:

👍 Pros👎 Cons
All markets and games are eligible for this first bet insurance offer.The bonus bets may take up to 72 hours to hit your account.
You’ll get 100% of your first wager back in the form of bonus bets if it’s a dud.You can’t break up the five bonus bets you receive into smaller amounts. So, if you make an initial bet of $1,000 and lose, be prepared to make five $200 wagers using your bonus bets.

Quick Look at ESPN BET

Here, we’ve put together important info on ESPN BET:

🥇 Top FeatureEarly cashouts
💵 Minimum Deposit$10
Average Payout Speed1-3 business days depending on the method you use
🍎 App Store Rating 4.8/5 stars
📱 Google Play Store Rating4.2/5 stars
three screenshot panel of the ESPN BET sportsbook app, featuring the app's home page, loading page, and betslip

How to Claim the Best Sportsbook Promotions

Online sports betting sites make it easy for users to claim sportsbook promos. The process will vary by operator, but here’s a good overview of what to expect when registering for an offer:

  1. Use the links on this page to go to the sports betting app or site of your choice.
  2. Navigate to the platform’s registration page.
  3. Enter your info to create an account and verify your identity.
  4. Enter the promo code when prompted (if one is available for your chosen offer).
  5. Complete account verification.
  6. Connect a deposit method to add money to your account.
  7. Fulfill the promo’s requirements, whether it’s making an initial deposit or wager. Ensure you pay attention to any required amounts, minimum odds, eligible markets, expiration dates, etc.
  8. Spend your bonus bets according to the terms.

Types of Sports Betting Promos Explained

The landscape of the best sportsbook bonuses can be a bit daunting, given the various offers available. Each bonus bet type serves a different purpose and suits unique betting styles.

We’re here to clear the air, so see below for an explanation of common sportsbook bonus codes:

Welcome Bonuses

Sports betting operators carefully design welcome bonuses to attract new customers, offering them a reward for signing up and making their first deposit or bet. These offers can vary significantly between sportsbooks but often include:

  • First-bet insurance/safety nets: Get your first bet matched in bonus bets if it loses.
  • Bet credits: Receive a specified number of bonus bets if your first bet wins.
  • Bet-and-get: Score bonus bets regardless of your initial bet’s outcome.

Deposit Match Bonuses

A deposit bonus is where the sportsbook matches a percentage of your initial deposit with bonus bets. This type of offer increases your betting balance instantly.

  • Example: A sportsbook offers a 20% deposit match up to $1,600. If you deposit $200, you receive an additional $40 in bonus funds.

No Deposit Bonuses

No deposit bonuses are highly sought after, as they do not require any financial commitment from the player. Upon registration, the sportsbook provides a small amount of bonus bet money that can be used to place bets.

  • Example: Get a $20 bonus just for signing up (no deposit required).

The Best Sportsbook Promos for Existing Customers

Sportsbooks offer welcome bonuses to get you in, and they run ongoing promos to keep you around. Here are some of the best sportsbook app promos for existing customers:

Enhanced Odds Offers

Sportsbooks may offer boosted odds on specific events to provide higher returns than the standard market rate. Odds boosts are usually available to new and existing customers.

  • Example: Odds on a favored team to win might be boosted from -150 to -110 for a limited time, meaning you don’t have to bet as much to win the same amount.

Reload Bonuses

It can pay to play at sportsbooks that offer reload bonuses. Depending on the offer’s specifics, you can earn more cash for replenishing your account. The match is often a percentage of the amount you deposit and can help you build your bankroll when you were going to deposit anyway.

Referral Bonuses

A referral bonus is offered to current customers who invite friends to sign up at the sportsbook using a unique referral link or code. Both the referrer and the referred friend often receive bonus bets.

  • Example: Refer a friend, and you both get a $50 bonus once they place their first bet.

Terms and Conditions for Sportsbook Bonuses

We’ve highlighted the terms and conditions for different sportsbook bonuses in this article, but you should always read them for yourself to know what you’re getting into.

Here’s an overview of common terms and conditions to help you navigate some of the jargon:

  • Eligibility: Some sportsbook promos are only available to new customers or those in specific states.
  • Minimum deposit and wager amounts: Sportsbooks usually require users to deposit and/or wager a specified amount to claim a promo. These amounts may differ within a single sportsbook offer, so make sure you verify.
  • Wagering requirements: Some online sportsbooks implement wagering requirements, which dictate how many times you must play through bonus bets before you can claim any winnings on them.
  • Expiration dates: A bonus code offer might stipulate a timeframe in which you can claim it or use the bonus bets you earn from it.
  • Restricted markets: If a sportsbook promo requires a qualifying wager, ensure that the bet you’re making is on an eligible market.
  • Minimum odds: You may have to place a bet with specified odds to qualify for certain sportsbook promotions.

How We Ranked the Best Sportsbook Promos

Here are some criteria we considered when ranking the best sportsbook promotions. You can consider these factors when choosing a welcome bonus for yourself:

  • Offer format (bet-and-get, first-bet insurance, deposit match, etc.)
  • Time it takes to receive bonus bets
  • Wagering requirements
  • Deposit and bet requirements
  • Size of offer
  • Overall quality of the sportsbook

Ultimately, the right sportsbook promo for you boils down to personal preference. For instance, a deposit bonus might be really attractive to someone who already planned to deposit a lot. If you have a smaller bankroll, you might prefer a bet-and-get offer that awards bonus bets in exchange for a small initial investment.

Gambling Responsibly With Sports Betting Promos

Just because you’re wagering with bonus bets doesn’t mean you should ignore responsible gambling principles. Betting with your head and not over it is crucial to maintaining a healthy approach and sticking to your budget.

Leverage responsible gambling tools at your chosen sportsbook, and if things take a turn for the worse, reach out to resources such as the following:

  • Call the National Problem Gambling Helpline at 1-800-GAMBLER
  • Call SAMHSA’s National Helpline at 1-800-662-HELP
  • Visit www.gamtalk.org
  • Visit www.gamblersanonymous.org

Sports Betting Promo Alternatives

If legal online sports betting isn’t available in your state, you might be searching for alternatives. Here are some of the best DFS sites and their accompanying welcome promos:

🎮 DFS Site💰 DFS Welcome Bonus
Owners BoxGet a 100% Deposit Match up to $500 with your First Deposit!

 

Use Owners Box promo code GRINDERS

SuperDraftSign Up & Get A Free Pick For Chance To Win $2,500!

 

Use SuperDraft promo code GRINDERS

Underdog DFSGet a First Time Deposit Offer up to $250 in Bonus Cash + a Special Pick!

 

Use Underdog DFS promo code GRINDERS

Drafters100% DEPOSIT MATCH UP TO $100

 

No Drafters promo code needed—sign up via our link!

Aside from DFS, there are also social sportsbooks that entice new users with sign-up bonuses:

💬 Social Sportsbook💵 Social Sportsbook Welcome Bonus
FliffGet a 100% Match up to 600,000 Fliff Coins + $100 Fliff Cash!

 

Use Fliff promo code GRINDERS

ThrillzzGet a 100% Match up to $25 in Sweeps Coins + Free Coins on Your First Purchase!

 

Use Thrillzz promo code GRINDERS

RebetGet 100% Deposit Match up to $100!

 

Use Rebet promo code GRINDERS

DFS platforms and social sportsbooks are more widely available than traditional sportsbooks, but you should still check their terms to ensure they’re legal for you to use in your state.

Sports Betting Promos FAQs

To wrap things up, we’ve compiled common questions and answers about sports betting bonuses:

What betting site has the best sportsbook promos?

FanDuel has some of the betting promotions. The platform runs not only a generous welcome offer but also lucrative daily boosts and bonuses. These deals, which often include profit boost tokens, allow you to get the most value on popular events and betting markets.

Which betting site has the highest welcome bonus?

BetMGM has one of the highest welcome bonuses in the form of its 20% deposit match up to $1,600. Claim it now by clicking our link and registering with promo code RG1600!

What is a rollover requirement?

A rollover requirement, also known as a wagering or playthrough requirement, instructs users how many times they must wager a bonus bet before they can withdraw winnings. These requirements vary by sportsbook and exist to ensure users don’t immediately take out their bonus bets.

How do sportsbook promos work?

Users claim sportsbook promotions by registering with partner links and/or entering promo codes. Once you’re opted into the offer, you must fulfill the requirements whether they include making a minimum deposit or placing a qualifying wager. Terms are also attached to the bonus bets you earn, so ensure you use them according to the promo’s stipulations.

Are sportsbook bonuses worth it?

Yes, sportsbook bonuses can be worth it if you choose ones with favorable terms. Try to look for offers with low rollover requirements, flexible betting markets, and other conditions that you can fulfill within the specified timeframe. And, of course, only claim offers from reputable sportsbooks like the ones we recommend to protect your personal and financial info.

Can you withdraw sportsbook bonuses?

Sportsbooks have measures in place to prevent users from immediately withdrawing sportsbook bonuses. You can withdraw any winnings you earn after fulfilling wagering requirements, but you usually can’t withdraw the original stake of the bonus bet.

About the Author

CTallman
Caleb Tallman (CTallman)

In the local community, Caleb Tallman is recognized as the dedicated public address announcer for the high school football team during Friday night games. Originally from Michigan, Caleb has since relocated to North Carolina while maintaining his ardent support for Detroit sports teams, including the Lions. Additionally, at the collegiate level, he is a passionate fan of Michigan State sports. With a wealth of experience in sports journalism, Caleb Tallman has contributed his writing expertise to a diverse array of organizations, spanning from local enterprises to prominent national and professional sports entities.

RotoGrinders.com is the home of the daily fantasy sports community. Our content, rankings, promotions and discord community discussion all cater to the players that like to create a new fantasy team every day of the week.

The activities offered by advertising links to other sites, may be deemed an illegal activity in certain jurisdictions and are void when prohibited. The viewer is specifically warned that they should make their own inquiry into the legality of participating in any of these games and/or activities. The owner of the web sites assumes no responsibility for the actions by and makes no representation or endorsement of any of these games and/or activities if they are illegal in the jurisdiction of the reader or client of this site. RotoGrinders 2024 Copyright. All Rights Reserved

21 + Play Responsibly National Council on Problem Gambling