Best Sports Betting Promos & Bonus Codes (June 2024)
In the fast-evolving online sports betting world, promotions and bonus codes are crucial tools for attracting new bettors and retaining existing ones.
Whether you’re a seasoned sports bettor or new to the scene, understanding where to find and how to utilize these sports betting promo codes can significantly enhance your experience and potentially boost your bankroll.
Sportsbook promotions come in various forms, such as welcome bonuses, deposit matches, bonus bet credits, and other offers. These offers are strategically designed to offer additional value on your bonus bets, making placing wagers on your favorite sports more enticing.
Before taking advantage of the best sports betting promos, it’s essential to familiarize yourself with the basics of sports betting, which include understanding odds, and betting lines. Also the types of bets available, such as point spreads, moneylines, and over/under wagers.
How to Use Sports Betting Promos & Bonus Codes
Find the right code: Sports betting promos can be claimed with certain sportsbook bonus codes, many of which you can find here on RotoGrinders. These codes are designed to unlock specific promotions when creating a new account or making a deposit. Using the correct promo code at the right time is crucial to ensure you receive the intended offer.
Enter the code correctly: During the registration or deposit process at online sports betting sites, you will find a field labeled “Promo Code,” “Bonus Code,” or something similar. Enter the code exactly as it appears, paying close attention to case sensitivity and spelling. Incorrect entries can result in missing out on the offer at online sportsbooks.
Understand the terms and conditions: Each bonus code comes with its own set of terms and conditions at online sportsbooks. These might include minimum wager requirements, minimum odds, and when bonus bets expire. For example, a bonus might need to be wagered several times before winnings can be withdrawn, or it might only apply to bets with certain odds.
Claim and use the bonus: Once the code is entered and the conditions are met, the bonus will typically be credited to your sportsbook account. Depending on the bonus bets type, you may need to place a specific number of bets or a certain amount of money to take full advantage of the offer.
Why Sportsbooks Run Promotions
Online sportsbooks run promotions to attract new customers and keep existing ones engaged. In a highly competitive market, these bonus bets can be the deciding factor for bettors choosing where to place their bets. Sportsbook promotions also allow bettors to explore different aspects of a platform, such as live betting or new sports markets.
Choosing the Best Promotions
Some of the following operators consistently offer the best sportsbook promotions:
- BetMGM offers a solid “Welcome Bonus” with competitive wagering requirements and a broad range of applicable betting markets.
- DraftKings provides a Bet and Get welcome offer, allowing new users to bet $5+ and claim $150 in bonus bets regardless of their first wager’s outcome.
- FanDuel is known for its first bet safety net, as it will net $200 in Bonus Bets if Your First Bet Wins! Plus, you’ll be in line for a Boost/Bonus Every Day!
Relevant Terms and Conditions to Consider:
- Wagering requirements: The amount of times you need to bet through the bonus before withdrawing the winnings.
- Eligibility: Some sportsbook promos are only available to new customers or those in specific states.
- Expiry dates: Most sportsbook promotions are time-sensitive and expire if not used within a certain period.
- Minimum odds: Bonus bets may require bets to be placed on events with specific odds to count toward the wagering requirements for a sportsbook promo.
By understanding and leveraging the available sportsbook bonus codes, bettors can maximize their potential returns and enjoy a more rewarding betting experience. Always remember to gamble responsibly with your sports betting bankroll.
Top Online Sports Betting Promos in 2024
Navigating the realm of online sports betting can be thrilling, especially when you can enhance your experience with lucrative bonus codes from top-rated sportsbooks.
Here, we explore some of the best offers for 2024 from renowned online sportsbooks like Caesars, FanDuel, and others. For the best sportsbook promos and offers, always check RotoGrinders and visit the individual sportsbook’s bonus bets pages for detailed information.
ESPN BET Promo
Promo: $1,000 First Bet Reset
Details: If your first bet doesn’t win, ESPN BET will reset it with a bonus bet up to $1,000. This gives new bettors a fantastic second chance after a losing wager.
How to claim: Register for an ESPN BET account and use the bonus code GRINDERS upon your first deposit and wager.
Terms: New 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.
DraftKings Sportsbook Promo
Promo: Bet $5, Get $150 in Bonus Bets – Instantly!
Details: DraftKings offers new users a welcome offer of Bet $5, Get $150 in Bonus Bets – Instantly!, meaning you’ll get the bonus bets regardless of your first bet’s outcome (as long as you bet at least $5).
How to claim: Sign up, make a deposit, and place your first $5+ bet.
Terms: Must be physically located in AZ, CO, CT, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WY or WV. (“each an “Eligible Jurisdiction” or, collectively, the “Eligible Jurisdictions”).
Caesars Sportsbook
Promo: Get up to $1,000 Back in Bonus Bets if Your First Bet Doesn’t Win
Details: Caesars Sportsbook rewards new users with a safety net for their first wager. If you lose your initial bet, you’ll receive a bonus bet equal to your stake up to $1,000.
How to Claim: Use the promo code GRINDERS1000 during Caesars Sportsbook registration, make your first deposit, and bet.
Terms: 21+ 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
BetMGM Sportsbook
Promo: Exclusive Offer: Get a 20% Deposit Match up to $1,600 in Sports Bets
Alternate Promo: Get up to $1,500 Back in Bonus Bets if Your First Bet Doesn’t Win
Details: BetMGM offers two powerful options: a deposit match or a first bet. The deposit match boosts your betting balance right from the start, while the rbet acts as a safety net for your first wager.
How to Claim: Register an account, opt-in for the bonus bets during the deposit process with the bonus code GRINDERS1000, and fulfill the wagering requirements.
Terms: 21+. Gambling problem? Call 1-800-GAMBLER. AZ, CO, 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.
Remember, understanding the terms, such as wagering requirements and expiration dates, is crucial to making the most of these offers.
bet365 Sportsbook
Promos:
- First Bet Safety Net up to $1,000 in Bonus Bets: Secure your first bet with a safety net. If your first wager loses, bet365 will refund it in the form of bonus bets up to $1,000.
- Bet $5+, Get $150 in Bonus Bets: A more accessible option for casual bettors. Place a minimum bet of $5, and if your bet meets the conditions, receive $150 in bonus bets.
How to Claim: Register, use the bonus code GRINDERS, deposit, and make a qualifying bet as per the offer’s conditions.
Terms: New 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.
New 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.
FanDuel Sportsbook
Promo: Bet $5, Get $150 in Bonus Bets if your bet wins.
Details: An excellent option for new users is to place a $5 bet, and if it wins, get an additional $150 bonus bets. Those in MA and OH are eligible for Bet $5, Get $300 in Bonus Bets if your bet wins.
How to Claim: Sign up, make a deposit, and wager at least $5 on any market.
Terms: New players only, 21+. Gambling Problem? Call 1-800-GAMBLER. Available in AZ, CT, CO, IA, IL, IN, KS, KY, LA, MD, MI, NJ, NY, PA, TN, VA, VT, WV, WY only. Full T&C apply.
Fanatics Sportsbook
Promo: Bet and Get up to $1,000 in Bonus Bets!
Details: Fanatics Sportsbook offers a dynamic bonus where new users can receive up to $1,000 in bonus bets by meeting specific betting requirements.
How to claim: Register an account, make a qualifying deposit, and follow the stipulated wagering criteria.
Terms: Must be 21+. GAMBLING PROBLEM? Call 1-800-GAMBLER.
Key Takeaways from the Top Sports Betting Promos
When choosing a sportsbook promotion, here’s what to pay attention to:
- Understand the conditions: Read through the terms and conditions carefully. Know the wagering requirements, minimum odds, and the expiry date of the bonus bets.
- Compare offers: Look at different sportsbooks to find the best bonus bets that suits your betting style and preferences.
- Stay updated: Offers can change, and new promotions can pop up, especially during major sporting events.
For the most current bonus codes and detailed promo terms, always refer to the promotions section of each sportsbook’s website or RotoGrinders. These platforms provide up-to-date information and direct links to the offers, ensuring you get the best possible start in your sports betting journey.
Different Types of Sportsbook Promos Explained
The landscape of sportsbook bonuses can be a bit daunting, given the variety of offers available. Each type of bonus bets serves a different purpose and suits various betting styles and preferences.
Here’s a comprehensive explanation of the common types of sportsbook bonus codes and how they work in the online sports betting industry:
Welcome Bonuses
Welcome bonuses are designed to attract new customers, offering them a reward for signing up and making their first deposit or bet. These can vary significantly between sportsbooks but often include:
- Bet credit: Bonus bets are equivalent to the amount of your first wager if it loses.
- Insurance bets: If your first bet loses, you get your stake back up to a certain amount, typically as bet credits or bonus bets.
Deposit Match Bonuses
A deposit match bonus is where the sportsbook matches a percentage of your initial deposit with bonus bets funds. This type of offer increases your betting balance instantly.
- Example: A sportsbook offers a 100% deposit match up to $200. If you deposit $200, you receive an additional $200 in bonus funds.
Bet Safety Nets
Often referred to as “safety nets,” these offers provide a safety net for your initial wager. If your first bet loses, the sportsbook will refund the stake up to a certain amount in the form of bonus bets or site credit.
- Example: Bet up to $1,000.; If your first bet loses, you get up to $1,000 back in bet credits.
No Deposit Bonuses
These are less common but highly sought after, as they do not require any financial commitment from the player. Upon registration, the sportsbook provides a small amount of bonus bets money that can be used to place bets.
- Example: Get a $20 bonus just for signing up. No deposit is required.
Enhanced Odds Offers
Sportsbooks may offer boosted odds on specific events to provide higher returns than the standard market rate. These are usually available to new and existing customers.
- Example: Odds on a favored team to win might be boosted from -150 to +200 for a limited time.
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.
Standard Sports Betting Types
Legal sports betting offers a variety of wager types, each catering to different preferences and strategies.
Here’s a breakdown of some standard sports betting types and why they might appeal to different kinds of players:
Futures
Description: Futures bets involve wagering on the outcome of an event that will be resolved in the future, such as which team will win the championship at the end of the season or who will receive an MVP award.
Why players like it: Futures are attractive for players looking for long-term engagement with their bets. The appeal lies in the higher odds due to the difficulty of predicting outcomes far in advance, potentially leading to significant payouts. It allows bettors to support their favorite teams or players over the season or even leverage their deep knowledge of a sport’s dynamics over a longer term.
Moneylines
Description: Moneyline bets are straightforward wagers on which team or player will win a specific game or match.
Why players like it: Moneyline bets are simple and direct, making them ideal for beginners. They require no point spread understanding. You just pick the winner. The simplicity and the immediate gratification of winning right after a game make moneylines a popular choice among sports bettors.
Parlays
Description: Parlays allow you to combine multiple bets (two or more) into one. To win the parlay, all individual bets within the parlay must win.
Why players like it: The main draw of parlays is the potential for a significant return on a small investment. They appeal to strategic thinkers who enjoy the challenge and the increased reward that comes with needing multiple events to go their way.
Prop Bets
Description: Prop bets, or proposition bets, are wagers made on specific events within a game that are not directly tied to the game’s final outcome. These can be player props (e.g., a basketball player scoring over/under a certain number of points), team props (e.g., which team will score first), or game props (e.g., the total number of field goals in a football game).
Why players like it: Prop bets add layers of excitement and engagement to watching a game, as bettors can win money based on various game occurrences, not just the final score. They are particularly popular in big events like the Super Bowl, where prop bets can range from the conventional to the quirky, like the length of the national anthem.
Spreads
Description: Spread betting involves a bookmaker setting a ‘spread’ on a game, which reflects how many points a team is expected to win or lose by. To win a bet on the spread, the team must ‘cover’ the spread by winning by more points than the set spread or losing by fewer points than the spread if you bet on the underdog.
Why players like it: Spread betting is favored for its ability to level the playing field, making even lopsided games interesting from a betting perspective. It appeals to those who like a deeper analysis of games, as successful spread betting involves more than just picking winners but understanding game dynamics and team performances relative to the spread.
Understanding these standard sports betting types can help bettors decide which strategies best align with their knowledge and interest in the sport.
How Do I Sign Up at a Sports Betting Website
Signing up at a sports betting website is straightforward. By following these simple steps, you can start placing bets in no time:
Click the offer link/take advantage of a promo
Begin by finding a suitable sportsbook that offers services in your area and provides appealing promotions or bonus bets. Access the sportsbook’s website through a promotional link to ensure you take full advantage of any signup offers, such as deposit matches or bonus bets.
These offers are typically designed to enhance your initial experience by providing additional funds or a safety net for your first bet.
Download the mobile app
Most modern sportsbooks offer mobile apps for more convenient betting on the go. Visit the App Store or Google Play Store and download the sportsbook’s mobile app. Using an app often provides a better, more stable betting experience and sometimes exclusive mobile sports betting promos.
Make a deposit
Once your account is set up and you’ve logged in, navigate to the deposit section of the app or website. Choose your preferred method of payment—common options include credit cards, e-wallets like PayPal, or bank transfers. Follow the prompts to deposit funds into your sportsbook account. Be sure to deposit enough to meet the minimum requirement for any welcome bonus bets or promotions you intend to use.
Place a bet
With your account funded, you’re ready to place your first bet. Browse through the sportsbook’s betting markets to find the sport and event you are interested in. Select your bet type, such as moneyline, spread, or parlay, and determine the amount you wish to wager. Review your betting slip to make sure everything is correct, then submit your bet.
What are the benefits of betting on sports online?
Online sports betting offers a host of advantages that enhance the betting experience in various ways.
Here are some of the key benefits:
Accessibility
One of the primary benefits of online sports betting is its accessibility. You can place bets from anywhere at any time, provided you have an internet connection. This convenience means you can make last-minute bets, keep track of live games, and manage your account without having to visit a physical location.
New betting promo codes
Online sportsbooks frequently offer promo codes and bonuses to attract new customers and retain existing ones. These sports betting bonuses can include a deposit match bonus, bet credits, enhanced odds, and cashback offers, providing additional value and opportunities to maximize your winnings.
Excitement
Betting on sports online adds an extra layer of excitement to watching live sports. Whether you’re a fan of football, basketball, baseball, or any other sport, placing a bet on the outcome can enhance the thrill and engagement of the game.
Best odds
Most online sportsbooks often provide more competitive odds than traditional brick-and-mortar bookies. With the ability to quickly compare odds across multiple platforms, you can ensure you’re getting the best possible return on your bets.
Live bets
Live or in-play betting is a significant advantage of online sportsbooks. You can place bets on events as they happen, which opens up a plethora of betting opportunities that aren’t available before the event starts. Live betting also allows you to react to the game as it unfolds, taking advantage of shifts in momentum and other live developments.
Variety of payment options
Online betting sites typically offer a wide range of payment methods to accommodate their users. These include credit and debit cards, e-wallets like PayPal, Skrill, and Neteller, bank transfers, and even cryptocurrencies in some cases.
This flexibility ensures that you can fund your account and withdraw winnings using the method that is most convenient for you.
Choosing the right online sports betting site for you
Choosing the right online sports betting site is a critical decision for any bettor, whether you’re a seasoned pro or a newcomer to the world of sports betting.
Here are several factors to consider when selecting the best sportsbook for your needs:
Reputation and Trustworthiness
The reliability of a sportsbook is paramount. Look for sites with a strong reputation, which can be gauged by online reviews, the length of time they’ve been in operation, and their licensing information. Well-regulated sportsbooks are more likely to offer fair play and secure handling of your personal and financial information.
Welcome Bonuses and Promotions
Consider the introductory offers available. Many sportsbooks entice new players with welcome bonuses, such as insured bets, deposit match offers, or bonus bets. Evaluate the terms and conditions associated with these promotions, such as wagering requirements and expiration dates, to ensure they add value to your betting experience.
Betting Options
A good sportsbook should offer a wide range of betting options. This includes a variety of sports, leagues, and events, as well as different types of bets such as moneylines, spreads, parlays, and prop bets. The more options available, the more opportunities you have to leverage your knowledge and preferences.
Odds and Pricing
Competitive odds can make a significant difference in your potential earnings. Compare the odds offered on the same events by different sportsbooks. Some sites consistently offer better odds or lower vig, increasing your winnings over time.
User Experience
The sportsbook should be easy to navigate and use. A well-designed website and mobile app ensure that you can place bets quickly and efficiently, check your account, make deposits, and withdraw funds with ease. Consider how the site performs during live betting, which requires quick access and stable performance.
Payment Options
Check the variety of available payment methods. More options provide greater flexibility for depositing funds and cashing out. Look for sportsbooks that support your preferred payment methods, including digital wallets, credit cards, and bank transfers. Fast payouts are also a crucial factor to consider.
Customer Support
Reliable customer support is essential, especially when dealing with financial transactions. Ensure that the sportsbook offers multiple ways to contact support, such as live chat, email, and phone. Support should be responsive, knowledgeable, and available when you are most likely to need help.
Additional Features
Extra features like live streaming, in-play betting, cash-out options, and loyalty programs can significantly enhance your betting experience. These features not only provide convenience and control but can also offer additional ways to profit and enjoy the sports you love.
Legal and Regulatory Compliance
Make sure the sportsbook is legally allowed to operate in your jurisdiction. Betting with a licensed and regulated site is crucial for legal protection and ensures that the sportsbook adheres to fair gaming practices.
When choosing a sportsbook, it’s a good idea to sign up with multiple sites to compare their offerings and take advantage of various promotions. This approach allows you to shop for the best odds and discover which site best fits your betting style and needs.
Sports Betting Promos Frequently Asked Questions
Here are some frequently asked questions about sportsbook bonus codes to help guide your online sports betting experience.
How do I find the site that has the best sportsbook bonus codes?
RotoGrinders has top notch sportsbook bonus codes for sports bettors to enjoy.
How do I sign up for a sports betting website?
Signing up for a sports betting website typically involves a few key steps, such as choosing a sportsbook, registering, verifying your account, entering a promo code, making a deposit, and placing a bet.
What are the benefits of betting on sports online?
Betting on sports online offers several benefits like convenience, variety, bonuses, competitive odds, and tools and resources.
Which sportsbook has the biggest welcome bonus?
The sportsbook offering the biggest welcome bonus can vary, but some of the largest are typically found at major sites like BetMGM, DraftKings, and FanDuel. These bonuses can include substantial deposit matches, large bonus bets, or combinations of both. It’s important to compare not just the size of the bonus but also the terms and conditions that govern its use.
How many times can you use a bonus code?
Generally, a specific bonus code can only be used once per account. Once used, they are typically tied to your account and cannot be reused. Always read the terms and conditions to understand the limitations and requirements of any bonus code.