The best sportsbook promos deliver substantial value for new players. The current new customer offers at top sportsbooks, including DraftKings, FanDuel, BetMGM, and Caesars, let you hit the ground running with exclusive, high-impact deals.
Sportsbook promos vary in size and type. Options include bonus bets, first bet insurance, chances to double your winnings, and more. This comprehensive guide to the best sportsbook promos provides all the details, enabling you to select the best offers that you can claim today.
Top sportsbook offers right now
Several top sportsbook offers are available to claim right now. New customers can select from a range of options tailored to their preferences. Below, you’ll find details on the current lineup of the best sportsbook promos available today.
DraftKings Sportsbook promo code
- Huge Selection of Sports
- 20+ States
- Top-Rated App
The current DraftKings Sportsbook promo for new users is bet $5 for a chance to get $200 in bonus bets. Once you register, place a $5 wager on any market with odds of -500 or longer. If the bet is a winner, you’ll get $200 in bonus bets, paid out as eight $25 bonus bets.
DraftKings is a market leader known for delivering a super slick platform. Standout features include an exceptional player prop menu and smooth live betting. See how DraftKings compares with other online sports betting sites in our full review of DraftKings Sportsbook.
FanDuel Sportsbook promo code
- Most Popular U.S. Sportsbook
- Live Betting
- Top-Rated App
New players at FanDuel Sportsbook can bet $5 and get $300 in bonus bets if that wager wins. To qualify, sign up, make a minimum deposit of $10, and place your first bet of $5 or more. There’s no minimum odds requirement, and the wager can be placed on any market.
FanDuel is an industry titan that offers an incredibly user-friendly experience. Placing multi-leg wagers is a snap, and odds and profit boosts are regularly offered. See how FanDuel compares with other online sports betting sites in our full review of FanDuel Sportsbook.
BetMGM Sportsbook promo code
- 15+ States
- Extensive Betting Markets
- Top-Rated App
The BetMGM Sportsbook welcome offer gives new users the chance to get up to $1,500 in bonus bets back. Sign up, make a deposit, and place your first bet of $10 or more. For bets of $49 or less, you get one bonus bet equal to your stake if you lose.
Amounts greater than that get back five bonus bets, each equal to 20% of your wager. BetMGM is jam-packed with markets, ranging from the headline sports to niches. See how BetMGM compares with other online sports betting sites in our full review of BetMGM Sportsbook.
Caesars Sportsbook promo code
- Top-Rated App
- 15+ States
- Extensive Betting Options
Caesars Sportsbook offers a unique promo for new users. Just sign up, deposit, and make a bet of $1 or more at odds of -10000 or longer to get back 20 chances to double your winnings. Your account will be credited with 20 100% profit boost tokens, valid for 14 days.
The maximum wager for each token is $25, with winnings for each capped at $2,500. Sportsbook features include Caesars Rewards and all of its perks. See how Caesars compares with other online sports betting sites in our full review of Caesars Sportsbook.
Bet365 Sportsbook promo code
- Generous signup bonus options
- Extensive live betting with HD streaming
- Huge market variety, including niche sports
The bet365 Sportsbook welcome offer is a fantastic option for new players who appreciate a wide range of choices. You can pick from bet $5, get $150 in Bonus Bets, or a first bet safety net up to $1,000. For the bet and get, the bonus is yours, regardless of whether you win or lose your initial wager.
The safety net gives you insurance, returning your stake as bonus bets. Bet365 is a global sports betting giant, offering a vast array of features, including a comprehensive menu of props. See how bet365 compares with other online sports betting sites in our full review of bet365 Sportsbook.
Betrivers Sportsbook promo code
- Simple Sign-Up
- Easy To Use
- Large Sport Market Offering
The BetRivers Sportsbook promo provides users with a second-chance bet up to $500. Sign up, deposit $10 or more, and place your first wager. If it’s a loser, you get a second chance wager equal to your stake in the form of a bonus bet. Winning wagers do not qualify for the offer.
Available in 15 states, BetRivers is an excellent option for those seeking something unique. Its iRush Rewards program delivers ongoing benefits to existing players. See how BetRivers compares with other online sports betting sites in our full review of BetRivers Sportsbook.
How to claim a sportsbook promo
Claiming a sportsbook promo is simple. The top sportsbooks use a nearly universal process. Once you select the offer that best suits your needs, you can sign up and claim it in just a matter of minutes. Here’s what you’ll need to do.
- Choose Your Offer: Pick the sportsbook promo that you’re most interested in. The best options available today are here on this page. You simply click the links to begin the registration process.
- Sign Up for an Account: On the sportsbook website or mobile app, you’ll click “sign up” or “join now.” From there, just follow the prompts and enter the requested information, such as name, email, and date of birth.
- Verify Eligibility: You’ll be asked to verify your location, confirm your age, and accept the sportsbook terms and conditions. It’s all standard practice for legal online sportsbooks, and mandatory before you can play.
- Make a Deposit: To qualify for the offer, you’ll have to make an initial deposit. Some promos can be claimed for as little as $5 or $10, but you may have to deposit more than that to realize the full value of the offer.
- Place Your Bet: Check out the available markets and odds. Decide what you want to wager on, click to add your selection to the slip, add your stake, and place your first bet to get your offer.
During the registration process, some offers are applied automatically, while others require you to enter a promo code on one of the sign-up screens. Welcome offers are available to new players who are of legal age in the state where the sportsbook operates.
Your location is verified using geolocation technology, while proof of age, such as a government-issued ID, may be requested during registration. If you follow these steps and don’t miss a beat, you’ll be good to go with your sportsbook promo of choice.
Types of sportsbook promos
There are several types of sportsbook promos to choose from. Each works differently, and the total value will vary depending on the offer. Important points to remember include that the amount of the bonus itself isn’t withdrawable and that any credits you receive must be played through.
By understanding how they work and what to look for, you can make a more informed choice of the best available option that suits you. Here’s a closer look at the most common types of sportsbook promos and how they work.
Bet and get
A Bet and Get offer is a standard and straightforward offer. You place a bet for a designated amount, such as $5, and receive bonus bets in return, like $200 in credits. For some offers, you must win to receive the bonus, while others reward you regardless of the outcome.
Deposit match
A Deposit Match rewards you with bonus funds equal to a percentage of your first deposit. For example, it could be a full 100% match up to $100, or 20% on deposits up to $500. To unlock the full value offer, you’ll need to meet the playthrough requirements, such as 1x your deposit.
No sweat first bet and second chance bet
This promo places some insurance on your side for the first wager that you place after signing up. If you lose, you’ll get back bonus bets equal to your stake, up to the offer limit. Any credits that you receive are non-withdrawable and must be played prior to expiration.
Odds and profit boosts
A boost provides the chance for enhanced winnings. Odds for a select wager might be lifted from +200 to +300, while a profit could be enhanced by 30% or more for qualifying wagers. Many of the top sportsbooks offer a selection of boosts on a daily basis.
Referral bonus
A referral bonus rewards both you and a friend when they sign up using your referral link or code. The reward will vary by sportsbook, but is often a bonus bet or credit. To get the bonus, your referral will typically have to make a deposit and wager after registering.
How to choose the best sportsbook promo
To choose the best sportsbook promo, focus on your preferences and the actual value of the offer. Look beyond the headline dollar amount and know what’s required of you to realize its full value. When you land on one that aligns with your comfort level and delivers what you’re looking for, you’ve found a promo that’s worth claiming.
Is bet and get a good sportsbook promo?
A bet and get promo is a simple way to see if a sportsbook is for you. There’s often only a small outlay required, such as an initial deposit of $10 and a first wager of $5, with the chance to get back multiple times that amount in bonus bets. If you’re looking for a straightforward promo with clear-cut terms, it’s a great option to consider.
Pros
- Small upfront cost.
- Chance to unlock a sizable bonus.
- Great way to try out a new sportsbook.
Cons
- Some offers require a win to get the reward.
- The total bonus value is capped at a set amount.
How does a sportsbook deposit match work?
A deposit match rewards new players based on how much they add to their account after signing up. It could be a straight dollar-for-dollar match up to a certain amount, or a percentage of your deposit up to the offer limit, with playthrough requirements attached. It’s a solid option for those looking to deposit larger amounts who plan to stick around and play.
Pros
- High potential value for bigger initial deposits.
- Increase your bankroll out of the gate.
- Great option if you plan to play regularly.
Cons
- Unlocking the full value of the offer may require a substantial deposit.
- Playthrough requirements must be met.
What to watch for with a sportsbook no sweat first bet
A no sweat first bet helps to take the risk out of the equation for your initial wager. Sometimes referred to as a second chance bet, you can get your stake back as bonus bet credits if you lose, up to the offer limit. If you’re interested in trying out a sportsbook and would like some insurance on your side, these promos can be an excellent fit.
Pros
- Protects your first wager from a total loss.
- Gives you a chance to place another bet.
- Great for bettors who prefer single large bets.
Cons
- Requires a losing wager to trigger the bonus.
- The first bet may have odds requirements attached.
Sportsbook promo terms and conditions
Sportsbook promo terms and conditions are the fine print that explain all of the details of the offer. While it’s the dollar value that captures attention, understanding how the offers work and what they entail is imperative, and a step you should take before claiming them.
Promo offers often come with playthrough requirements. For example, to unlock a $100 bonus in full, a 2x rollover may be required. This means that you must wager the bonus value twice, which in this case would be $200.
To claim a welcome promo, a minimum deposit is often required. It could be as small as $5 or $10 for a simple bet and get. If the offer is a deposit match that’s touting an astronomical number, remember that you only get matched on what you actually add to your account.
Promos can also have minimum odds requirements or apply only to specific markets. For example, a profit boost may be 30% but only apply to something like a three-leg or more MLB SGP with minimum odds of +100 or longer.
When checking out offers, be sure to review the expiration. You could have seven days or more to meet the playthrough for a deposit match, for example. Meanwhile, an odds boost may only be available for that day’s games.
If you decide not to use a bonus, many sportsbooks allow you to opt out before your first qualifying bet. Some may let you forfeit unused bonus funds later, but that can impact linked winnings or progress. For complete clarity, contact the sportsbook’s customer support.
Best sportsbook promos by sport
There are often sportsbook promos tailored to specific sports. Welcome offers are typically all-encompassing, as the goal is to reward new players and allow them to play as they wish. Once you’re a regular player, you’ll find a range of options to consider for many of the biggest games and events on the docket.
NFL sportsbook promos
During the fall and winter months, football is king at sportsbooks. You’ll find a host of NFL sportsbook promos to choose from as a result. Examples include special same-game parlay offers for primetime games like Thursday Night Football, or odds boosts on select player props. For each week of the season through to the Super Bowl, there’s plenty to choose from.
NBA sportsbook promos
The NBA is another star attraction at sportsbooks, with an abundance of games to look forward to throughout the lengthy campaign. Common promos include boosts for live wagers placed after the game tips off, and no sweat bets on select multi-leg wagers. Some offers apply to any game on the schedule, while others may be reserved for spotlight nationally televised games.
MLB sportsbook promos
From Opening Day to the World Series, there’s plenty of MLB action to look forward to. There are promos for individual games, like boosts and parlay insurance, and special themed offers, such as for home run props on select days of the week. MLB gets the stage mostly to itself in the summer months, but there are promos to be found throughout the campaign.
NHL sportsbook promos
The NHL puck drops in October and winds through to the following June. It’s a marathon, and bettors will find lots of promos along the way. Live betting promos for nationally televised games are common, as are boosts on select player props like goal scorers. The action on the ice heats up the most for the postseason, but promos are available all season long.
Promos for other sports
The top North American team-based sports capture an abundance of attention. They’re a focal point for sportsbook promos as a result, but that’s not all there is to see here. Offers are available for other top sports, such as Soccer, UFC, PGA, Nascar, and Tennis.
For example, if there’s a big UFC pay-per-view event on tap, you can expect to see things like boots on the main event, or no sweat bets on parlays and props. When it’s time for a golf major, such as The Masters, there are scores of offers to consider, like profit boosts on the winner.
If you’re into soccer, there are often promos attached to the top leagues and competitions. While there may be more promos for the sports and events that attract the most eyeballs, you can generally find something to use for any that attract a solid level of interest.
Do sportsbook promos differ by state?
Sportsbook promos are available in all legal markets, but the exact offers can differ by state. It can be due to local regulations or requirements, but it’s mostly due to sportsbooks tailoring their marketing strategies for each locale.
For example, BetRivers’ second-chance promo is set at $500 for most of the states it serves, but is limited to $250 in states such as New Jersey. BetMGM’s welcome offer is available in all of the states in which it operates, except for New York.
As an existing customer, the standard promos you see will also vary in their offers. FanDuel regularly offers odds boosts for the NBA and other sports. In Michigan, the boost might apply to a Detroit Pistons game, while Illinois users will see one for the Chicago Bulls.
If you’re located in a legal sports betting state, you will see a range of offers to choose from all of the sportsbooks featured on this page. Please note that offers may vary by market, and ensure you understand the terms and conditions for any claim you make.
Banking methods at online sportsbooks
There are several banking methods to choose from at online sportsbooks. Options and processing times will vary by operator, but the ultimate goal remains the same: to provide seamless and secure transactions as you move money in and out of your account.
These are the most common banking methods that you’ll be able to choose from:
- Credit/debit cards.
- Bank transfers.
- Online banking.
- PayPal.
- Venmo.
- Apple Pay.
- Google Pay.
- Play+ Cards.
- Prepaid Cards.
Please note that not all methods will be available for both deposits and withdrawals at all sportsbooks, and that options may vary by legal state. Deposits are processed instantly, while withdrawals take some extra time for processing.
In general, options such as PayPal, Venmo, and online banking tend to move the quickest, while other transfers can take some time. For a best practice, try to use the same method when you add or remove funds.
This can reduce processing times, as introducing a new option into the equation can lead to an extra verification step. Once you’ve established your use of a method regularly, transactions tend to go off without a hitch.
Responsible gambling
Responsible gambling practices help to ensure that sports betting remains what it’s supposed to be: a source of entertainment. That’s not always the case for some players. Problem gambling is a real issue that can impact bettors and their loved ones.
The top sportsbooks fully recognize this and provide a range of resources and tools that players can easily access as needed. You can visit your account section and take control by doing the following:
- Setting Limits: You can set limits on the time you play, plus the amount of your deposits and wagers.
- Taking a Break: You can implement a “cooling off” period and take a break until you’re ready to resume.
- Self-excluding: You have the option to completely self-exclude yourself from playing for the time period you designate.
Knowing the limits that you are comfortable with and monitoring your play are key steps toward avoiding potential trouble. The following tips can help you do so.
- Set a Budget: Decide how much you can afford to spend and stick to it, win or lose. This should be an amount that’s completely separate from funds you need for other purposes.
- Avoid Chasing Losses: Losing is part of the game. Learn how to accept it, learn, and move along. Chasing losses in a bid to “get even” often leads to bigger ones.
- Take Regular Breaks: If betting becomes all-consuming, it’s time to take a break. Step away from betting during busy or stressful periods to keep a clear head.
- Keep Perspective: Wagering on sports is meant to be fun, just like any other form of entertainment. Treat betting as a hobby, not a side income.
If you need additional assistance, sportsbooks provide direct links and information about state and national responsible gambling resources. Options include:
Frequently asked questions
What is the best sportsbook promo?
There’s no single best sportsbook promo that applies to every player. You can choose from a range of options based on your preferences. Always look past the headline dollar value to understand the terms and choose the promo that fits your comfort level.
Why do sportsbooks offer promos?
Sportsbooks offer promos to attract new customers and reward existing players for their loyalty. Welcome offers help new users get started, while ongoing promos like odds boosts or parlay insurance keep regular customers engaged.
Can you claim more than one sportsbook promo offer?
You can only claim one new customer offer at each sportsbook. While you can’t claim multiple welcome bonuses from the same site, you can register with other sportsbooks and claim their offers. For existing players, you can typically only use one promo at a time.
Do sportsbooks offer promos for existing players?
Many sportsbooks offer promos for existing players. Common offers include odds or profit boosts, and bet insurance. These offers reward players for their loyalty, and provide chances to enhance winnings or receive bonus bets.
What does the playthrough requirement mean for a sportsbook promo offer?
A playthrough requirement tells you how many times you must wager your bonus funds before they become withdrawable cash. For example, a 5x playthrough on a $100 bonus means you need to place $500 in qualifying bets before you can cash out winnings from that bonus.
