Best Sports Betting Promos & Bonuses (November 2024)

by Caleb Tallman (CTallman) Last Updated 2024-11-26T14:53:06

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

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. New users can Bet $5, Get $200 If Your Bet Wins!

Because DraftKings issues the bonus bets in $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.

Bonus Terms and Conditions

Don’t claim the DraftKings welcome offer blindly—here are some important terms to keep in mind:

• You must deposit and wager $5+ on a qualifying market.
• You’ll get your bonus bets instantly when you complete the promo’s requirements.
• Your bonus bets will expire seven days after receipt, so use them or lose them.

Pros and Cons of This Sportsbook Bonus

Here’s an honest look at the pros and cons of the DraftKings promo code:

Quick Look at DraftKings

Find all the details you need to know about DraftKings:

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.

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.

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:

Quick Look at Fanatics Sportsbook

Here’s a quick look at Fanatics Sportsbook:

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

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. The bonus bet credits themselves aren’t withdrawable, but the lack of wagering requirements means you can immediately withdraw any winnings.

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.

Bonus Terms and Conditions

Before claiming the FanDuel Sportsbook promo code, review the key terms and conditions

Pros and Cons of This Sportsbook Bonus

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

Quick Look at FanDuel Sportsbook

Find what you need to know about FanDuel Sportsbook below:

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+.

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.

Finally, users in Pennsylvania can use code GRINDERS to Bet $5 & Get $200, plus 50 Casino Spins! It’s a great intro to not only the sportsbook but also the casino, so take advantage today.

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:

Quick Look at bet365

This table provides a good overview of the bet365 sportsbook:

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 $1,500 in sports bonus, meaning you’ll have to deposit $8,000 to max out this first deposit bonus. Register with promo code RG1500 today!

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.

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:

Quick Look at BetMGM

Check out key details on the BetMGM sportsbook:

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.

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!

Secondary Caesars Sportsbook Promo Code

Caesars Sportsbook is one of the few online operators with not one, but two welcome bonuses available to users in specific states. New users in AZ, CO, DC, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, OH, ON, PA, TN, VA, WV and WY can access the Bet $1+, Get 10 100% Profit Boost Tokens bonus by using the Caesars Sportsbook promo code GRINDERSDYW.

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:

Quick Look at Caesars

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

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 Pennsylvania and Michigan:

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

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:

Quick Look at BetRivers

Take a look at BetRivers’ key features:

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 $1,500 if it loses, allowing you to wager with more confidence.

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:

Quick Look at ESPN BET

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

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:

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

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 $1,500. 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.