When it comes to online sports betting, sportsbook promo codes can help bettors maximize their winnings and take advantage of promotions and bonuses offered by betting sites.
Sportsbook promo codes are unnecessary to unlock deals from many of the most popular sports betting sites in the U.S., such as BetMGM, DraftKings, FanDuel and Caesars Sportsbook but verified partners like OddsShopper do get access to special deals for new users. We researched this topic, and our team of experienced bettors has reviewed some of the best sports betting sites in the U.S., considering factors such as the quality and variety of promotions, the level of licensing and security, and the overall betting experience. We have identified the top sportsbooks that offer the most attractive promotions for bettors. These betting apps provide an exciting and user-friendly sports betting experience and offer bettors a range of opportunities to boost their winnings through bonuses. Whether you are a seasoned bettor or a beginner looking to get started, check out our list of the best sportsbooks with promos to help you make the most of your betting experience.
Best Betting Sites 2024
Bet $5, Get $150 in Bonus Bets If Your Bet Wins!
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Bet $5 and Get $150 or $1,000 Safety Net
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Bet $5, Get $150 in Bonus Bets If Your Bet Wins + 3 Months of NBA League Pass!
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First Bet on Caesars up to $1,000 (Promo Code: AWE1000)
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Bet and Get up to $1,000 in Bonus Bets
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This Week’s Best Sportsbook Bonuses
The best sportsbooks offer a range of features that can enhance the overall betting experience, such as competitive odds, a wide selection of sports and markets, reliable payment options, and user-friendly interfaces. It’s also important to consider the quality of customer service and the level of licensing and security each site offers.
These sites offer a variety of promotions and bonuses to attract new customers and retain existing ones, such as bonus bets, deposit matches, and same-game parlay odds boosts. It’s important to read the terms and conditions of each promotion carefully to understand the requirements and restrictions before claiming them. Below we have broken down the best sportsbook bonuses by brand with key terms to know.
BetMGM Promo
BetMGM is a great place to start if you’re new to sports betting. We have teamed up with BetMGM to offer an exclusive bonus code to new users that includes a First Bet Offer up to $1,500! Find the details below.
Get up to $1,500 paid back in Bonus Bets if you don’t win
Terms to know about the BetMGM welcome bonus:
- If you make a first bet over $50 at BetMGM, you will receive five (5) bet credits back in equal denominations of 20% of the qualifying bet amount up to $1,500.
- For example, if you place a $1,500 first wager and your bet loses, you will receive five (5) $300 bet credits in return.
- If your first bet loses and is less than $50, you will receive a single bet credit back, equaling the total amount of the qualifying bet.
- For example, if you place a $20 bet and lose, you will receive one $20 bet credit.
- If your first bet wins, you get no bonus from BetMGM.
- Bet credits must be used within seven days of being credited to your account. Each bet credit can only be placed as one straight bet or parlay and cannot be split between various bet placements.
As one of the leading online casino and sports betting platforms, BetMGM offers a wide range of sports markets and a user-friendly interface on their betting app, making it easy to place bets on your favorite games. The BetMGM customer support is top-notch, and the payment options are fast and secure. Overall, BetMGM is an excellent choice for sports betting enthusiasts looking for a reliable and exciting platform to place their bets.
*The Subscription offer is only available in AZ, CO, IL, IN, IA, LA, MD, MA, MI, NJ, NY, NC, OH, PA, TN, VA, WV, WY.
Find more details about this exclusive BetMGM Bonus Code ➚
DraftKings Promo
DraftKings Sportsbook offers a user-friendly betting app especially suited for beginner or intermediate bettors. Their user interface, odds boosts, ongoing promos, same-game parlays, and player props are highly rated and consistently among the best in the market. Their current welcome bonus can be claimed without a promo code by clicking the ad below.
Bet $5, Get $150 in Bonus Bets If Your Bet Wins
DraftKings typically has revolving promos for new players. Their best welcome bonus is now: Bet $5, Get $150 in Bonus Bets If Your Bet Wins! Here are the details.
Sign up for DraftKings Sportsbook, deposit at least $10 and make a bet of at least $5. Boom — you are now eligible to receive $150 in Bonus Bets If Your Bet Wins!
DraftKings Sportsbook is one of the most popular online sports betting platforms, available in virtually every state where online sports betting is legal. However, it’s worth noting that DraftKings may limit players who consistently beat them. Therefore, having multiple sportsbook accounts is always recommended to avoid being identified as a sharp player. Nonetheless, for casual bettors looking to make events more exciting or support their favorite teams with a bit of money on the line, DraftKings Sportsbook is an excellent option.
Find more info about our DraftKings Promo Code ➚
FanDuel Promo
FanDuel Sportsbook is a trusted and reputable sports betting app with a user-friendly interface, a wide range of betting options, and attractive promotions and bonuses. FanDuel Sportsbook often has a variety of offerings available for new and existing users. These can include deposit bonuses, bonus bets, same-game parlay odds boosts, and more. Click below to claim the current offer from FanDuel.
Bet $5, Get $150 in Bonus Bets If Your Bet Wins + 3 Months of NBA League Pass!
For a limited time, FanDuel Sportsbook is offering a special promotion. Here’s how to claim this offer:
- Sign up for FanDuel Sportsbook account.
- Make an initial deposit of at least $10 and place a wager on any market of $5+.
- If the bet wins, you then get $150 in Bonus Bets.
Overall, FanDuel is one of the most popular sports betting apps in the United States, especially for beginners. While many other popular sports betting apps and platforms are available in the U.S., FanDuel has a large customer base and is known for its user-friendly interface, a wide range of sports and betting options, and attractive promotions and bonuses. However, popularity can vary by state and region, as well as by individual preferences and needs of each bettor.
Find out more about our FanDuel Promo Code ➚
Bet365 Bonus Code
Bet365 is one of the world’s largest and most popular sportsbooks. One of the standout features of Bet365 is its promotional offers for new and existing customers. The bet365 betting app regularly offers bonuses, bet credits, and other promotions, which can be redeemed with or without bet365 bonus codes. To claim the current promo without a bet365 bonus code, click on the image below.
Bet $5 and Get $150 in Bonus Bets OR $1,000 Safety Net
How to Claim
- Sign up for a new bet365 sports betting account.
- Deposit a minimum of $10 to your account.
- Place a qualifying bet of $5 to get $150 in Bonus Bets once your bet is settled with bet365 OR $1,000 Safety Net.
Bet365 is a top-rated sportsbook that offers sports fans a wide range of betting options. The site is easy to navigate and offers competitive odds, making it popular among bettors worldwide. In addition to sports betting, Bet365 also offers online casino games, poker, and bingo, giving players plenty of options for entertainment. Overall, Bet365 is a reliable and trustworthy sportsbook with a great user experience and plenty of opportunities to win. If you’re looking for a sportsbook with excellent promotional offers, Bet365 is worth checking out. Best of all, the current promotion can be claimed without using bet365 bonus codes.
Get more info about our Bet365 Bonus Code ➚
Caesars Sportsbook Promo
The Caesars Sportsbook promo code allows you to get your first bet paid back up to $1,000 if it doesn’t win.
Your First Bet is On Caesars up to $1,000!
Terms to know about the Caesars Sportsbook welcome bonus:
- This promotion is offered on the first cash wager you place that settles at Caesars Sportsbook. So, if you place multiple wagers when you first sign up, whichever bet settles first will count as your qualifying wager. Knowing this, you should place one large wager after signing up and wait for it to settle before spreading out multiple bets.
- Your first qualifying wager must settle within thirty (30) days of being placed, so don’t use this promo on a futures bet.
- Super Boost Markets, Round Robins, Bonus Bets and Profit Boosts do not qualify for this promo and will void your bonus offer.
- Your Bonus Bet must be used within fourteen (14) calendar days from the date it is awarded, or that Bonus Bet will expire.
- Playing at Caesars Sportsbook allows you to earn Tier and Rewards credits. These can be redeemed for discounted hotel stays, Sportsbook bonus bets, and other perks at Caesars Resort and Casino locations.
With a wide range of sports, competitive odds and a user-friendly platform, Caesars Sportsbook offers an immersive and exciting betting experience for new and experienced users. From football to basketball, soccer to cricket, you can explore various sports and bet on various markets. With advanced statistical analysis, consideration of team form and market trends, Caesars Sportsbook ensures the quality of their odds.
Find more details about this Caesars Sportsbook Promo Code ➚
Fanatics Promo
Bet and Get up to $1,000 in Bonus Bets
For a limited time, Fanatics Sportsbook is offering a special promotion. Here’s how to claim this offer:
- Sign up for Fanatics Sportsbook account.
- For the first 10 days following your account registration, opt into the Fanatics promotion and place a qualifying wager of at least $5. A wager must have odds of -200 or longer to qualify.
- Each day in this 10-day period that you make your qualifying bet, you will receive up to $100 in bonus bets.
- If you do this each of the 10 days, you will in total earn up to $1,000 in bonus bets!
Fanatics Sportsbook has quickly become a leading force in the sports betting industry, expanding to 22 states since mid-2023. For the first 10 days after registering your account, you can benefit from the Fanatics promotion by placing a qualifying wager of at least $5 with odds of -200 or longer. Each day you place a qualifying bet during this period, you will receive up to $100 in bonus bets. By placing a qualifying bet every day for all 10 days, you can earn up to $1,000 in bonus bets!
Find out more about our Fanatics Promo Code ➚
Our Expert’s Picks
Reviewing the best sportsbooks is a collaborative process that involves all of our sports betting experts coming together and providing their opinions on the best betting sites in the U.S. They provide valuable insight from first-hand experience with all of the sportsbooks we review and rate them to help you decide where to play.
Ben Rasa’s Top Places to Play
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DraftKings Sportsbook
“One of the most well-known books out there, and the first thing that always catches my eye is the ease of access. I’m always quickly able to find the games, sides, or props I want, which is key when trying to lock down a specific number. In addition to all the traditional betting options, their pools and sports betting contests are a different way to get some action, and I think these will only grow in popularity.” – Ben Rasa
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FanDuel Sportsbook
“The book I use most often is FanDuel. It has really good options and offerings, both with games and promos. They have some of the best promos in the industry and are not as quick to limit customers as some other books. Their same game parlays and the ability to combine all sorts of bets give users a chance to turn a small amount of money into a massive hit, even if it’s a lotto-style mentality when playing them. I also bet horses on FanDuel’s Racebook, which is another benefit.” – Ben Rasa
About Ben Rasa
Ben Rasa (aka Jazzraz) has been involved with sports and numbers for quite some time, dabbling in the poker world, DFS lobbies, and of course, in the sports betting landscape as the Director of Betting at OddsShopper. While he enjoys wagering on NFL and NBA, he has found his best advantage on the links with PGA and in the College markets with some smaller conference schools. Ben focuses on an analytical approach to try and find pricing inefficiencies and digging into the numbers, looking for anything to use as an advantage over the books.
Loughy’s Top Sportsbooks
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DraftKings Sportsbook
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FanDuel Sportsbook
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BetMGM
Top Sportsbook Promo Codes by Sport
Betting sites are always looking for ways to attract and retain customers, and offering sport-specific promotions is one way they do this. By tailoring their promotions to specific sports, sportsbooks can appeal to fans’ interests and show they understand what they love about their favorite sports. Plus, it’s a chance for them to stand out from the competition and offer something unique to their customers.
NFL Betting Promos
The NFL is one of the most popular sports to bet on in the U.S., and sportsbooks offer a variety of promotions to entice customers to bet on games. Some common NFL promotions include:
- Welcome bonuses for new customers who sign up before the start of the NFL season or through the NFL Playoffs.
- Odds boosts for select games or prop bets.
- Parlay insurance or bonuses for customers who place parlays on NFL games.
- Bonus bets or contests for big games like the Super Bowl.
Sports bettors can place a variety of bets on NFL games, including:
- Point spread bets
- Moneyline bets
- Over/under bets
- Prop bets on individual players or specific game events
Live betting is also available during games, allowing bettors to place bets on game events as they happen.
- Shop for the Best NFL Odds & Bets
- Find the best NFL betting sites for Week 16
NBA Betting Promos
Similar to the NFL, sportsbooks offer welcome bonuses for new customers who sign up before the start of the NBA season or throughout the NBA Playoffs. For specific games, sportsbooks may offer:
- Odds boosts for select prop bets
- Parlay insurance or bonuses for customers who place parlays on NBA games
- Sportsbook promo codes to unlock bonus bets or enter contests for the NBA Finals or other big games.
Sports bettors can place the following bets on NBA games:
- Point spread bets
- Moneyline bets
- Over/under bets
- Prop bets on individual players or specific game events
Live betting is also an option during games.
- Shop for the Best NBA Odds & Bets
- Find more info about the best NBA betting promos
MLB Betting Promos
Baseball is a popular sport to bet on in the U.S., and sportsbooks offer a variety of promotions to attract customers. Some common MLB promotions include:
- Welcome bonuses for new customers who sign up before the start of the MLB season.
- Odds boosts for select games or prop bets like No Run First Innings.
- Parlay insurance or bonuses for customers who place parlays on MLB games.
- Promos during big games or the World Series.
Sports bettors can place the following bets on MLB games:
- Moneyline bets
- Run line bets, which are similar to point spread bets
- Over/under bets for the total number of runs scored in a game
- Prop bets on individual players or specific game events
Shop for the Best MLB Odds & Bets ➚
College Football Betting Promos
College football betting continues to grow in popularity across the U.S. However, the availability to bet on college sports varies across different states. Sportsbooks offer:
- Welcome bonuses for new customers who sign up before the start of the college football season.
- Limited-time promotions or contests for big games like the College Football Playoffs.
Sportsbooks offer many of the same betting options as the NFL, including:
- Point spread bets
- Moneyline bets
- Over/under bets
- Prop bets on individual players or specific game events
Live betting is available during games, as well.
Shop for the Best College Football Odds & Bets ➚
College Basketball Betting Promos
College basketball is one of the most exciting sports to bet on. However, betting on college basketball is also widely contested from state to state. Many sportsbooks offer similar promotions for college basketball, including:
- Welcome bonuses for new customers.
- Odds boosts for select games or prop bets.
- Parlay insurance or bonuses for customers who place parlays on games.
- Bracket challenges or contests for March Madness or other big games.
Sports bettors can place the following bets on college basketball games:
- Point spread bets
- Moneyline bets
- Over/under bets
- Prop bets on individual players or specific game events
Live betting is also an option during games.
NHL Betting Promos
Sportsbooks offer bonuses for new customers who sign up before the start of the NHL season and throughout the NHL Playoffs. For specific games, sportsbooks may offer:
- Odds boosts for select prop bets
- Parlay insurance or bonuses for customers who place parlays on NHL games.
- Bonus bets or contests for the Stanley Cup Finals or other big games.
Sports bettors can place the following bets on NHL games:
- Moneyline bets on NHL games.
- Puck line bets, which are similar to point spread bets.
- Over/under bets are also available for the total number of goals scored in a game.
- Prop bets are available for individual players or specific game events, such as the first team to score.
Live betting is also an option during games.
Types of Sportsbook Promo Codes and How They Work
For beginner bettors, navigating the world of sportsbook promos and bonuses can be daunting. However, understanding the most common sportsbook promo codes and how they work can help you make the most out of your bets. Some popular sportsbook promos include deposit matches and odds boosts.
Sportsbook promo codes are often not required to claim these promotions if you sign up for an account from an authorized, regulated sports betting partner like OddsShopper. In most cases, you can also find these bonuses directly on the sports betting site, though some promos are exclusive to partners. Be sure to practice responsible gaming and read the terms and conditions of each promotion before using it to ensure that you understand the requirements and restrictions.
First Deposit Match
Deposit matches are when a sportsbook matches a portion of your first deposit, usually up to a certain amount. Let’s say you sign up for a new sportsbook, and they offer a 100% deposit match up to $500. You deposit $200 and use the promo code provided by the sportsbook. The sportsbook will then add an additional $200 to your account, giving you a total of $400 to bet with. If you were to deposit $600, you would receive the maximum bonus of $500 since that is the limit of the offer.
First Bet Paid Back if it Loses
Getting your first bet paid back if it loses is another common type of sportsbook promo. The actual name of this promo has undergone many changes in the short time regulated sports betting has been legal in the U.S. This used to be called a “risk-free bet,” but that title has been banned across most states. It misled players into thinking there is no risk in claiming the promotion when you have to deposit your cash to claim it. You’ll now commonly see it listed as a “No Sweat Bet” or “Second-Chance Bet.”
The way this promo works is pretty simple in most cases. You make your first wager, and if it loses, the sportsbook will refund your initial bet up to a certain amount in bet credits. For example, a sportsbook might offer a $50 second-chance bet. If you place a $50 wager and it loses, you will receive a $50 refund in the form of site credits, bet credits, bonus bets, or whatever term the betting app wants to use. However, if your first wager wins, you keep the winnings, and the promo is not applied.
Odds Boosts
Odds boosts are a popular type of sportsbook promo that offer enhanced odds on select bets. These are often provided on high-profile games or events and can give bettors a higher payout than they would typically receive. For instance, a sportsbook may offer a boost on a specific game, such as increasing the odds of a team winning from +150 to +200. If you place a bet on this team and they win, you will receive a higher payout than you would have with the original odds.
Some of the best sportsbooks in the U.S., like FanDuel and DraftKings, lean heavily into odds boosts to keep casual bettors engaged in their betting apps. However, these boosts usually have low maximum bet limits, often between $5-$50, limiting their appeal and minimizing the amount of money you can win by opting into the boost.
- Want to know the actual value of your odds boosts? Check out OddsShopper’s Odds Boost Evaluator! ➚
Same-Game Parlay Promos and Boosts
Same-game parlays allow bettors to combine multiple outcomes within a single game into one bet. Sportsbooks often offer promotions for same-game parlays, such as boosted odds. For example, a sportsbook may offer a promotion where bettors receive a refund on their same-game parlay bet if one leg of the bet loses. Parlays have been highly successful for sportsbooks like FanDuel and Barstool Sportsbook due to the high-risk players are willing to take, hoping that it results in a big payout.
- For help with parlays, check out OddsShopper’s Parlay Builder! ➚
Live Betting Promos
Live betting allows bettors to place wagers during a game as the action unfolds. Sportsbooks may offer promotions for live betting, such as boosted odds on specific live bets or bet credits for placing a certain amount of live bets. For example, a sportsbook may offer a promotion where bettors receive a bonus live bet after placing five live bets of $10 or more.
Early Cashout
Early cashout is a feature that allows bettors to settle their bet before the end of the event they have wagered on, taking a guaranteed payout instead of waiting for the event’s outcome. Early cashouts are typically offered by sportsbooks for single bets and parlays, and the payout amount provided depends on the event’s current status and the bet’s original odds.
An example is a parlay bet where a bettor wagers on three NFL teams to win. If two of the three teams have won their games and the third team is currently leading in the fourth quarter, the sportsbook may offer an early cashout amount of $300, which is less than the total payout if all three teams win but is still a guaranteed profit.
Early cashouts can be useful for bettors looking to minimize risk or secure a profit before the event they have wagered on is over. However, it’s essential to carefully consider the payout amount offered and the event’s potential outcome before deciding to cash out early.
Why do Sportsbooks Offer Promo Codes?
Sportsbooks offer promotions and bonuses for a few main reasons.
- First, they want to attract new customers to their platform. With so many sportsbooks available, promotions can be an effective way to stand out from the competition and encourage people to try out their platform.
- Second, sportsbooks offer promotions to keep existing customers engaged and encourage them to continue placing bets on their platform. This helps them retain customers and maintain a steady stream of revenue.
- Third, sportsbooks use bonuses to promote specific betting features, such as live betting or same-game parlays. By offering bonuses for using these features, they encourage customers to try them out and increase their engagement on the betting app.
- Finally, sportsbooks offer promotions as a way to limit their risk. For example, offering to pay a player’s first bet back if it loses allows the sportsbook to attract new customers without risking any money if the bet doesn’t win.
In summary, sportsbooks offer promotions and bonuses as a way to attract new customers, retain existing customers, promote specific betting features, and reduce risk.
Sportsbook Promo Code FAQs
A sportsbook promo code is a unique code that customers can enter during the signup process to receive a specific bonus or discount.
Sportsbook promo codes work by offering customers special deals or discounts on bets or deposits. When you enter a promo code during the signup process, you’ll receive a specific bonus or discount associated with that code.
Yes, sportsbook bonuses are available for existing players. These promotions are typically called “reload bonuses” and are offered to encourage players to continue betting with the sportsbook.
It’s essential to read the terms and conditions of each sportsbook promo code to fully understand what the offer entails. This can include things like minimum deposit requirements, rollover requirements, and expiration dates.
Anyone who is eligible to bet with a particular sportsbook can redeem promo codes, assuming they meet the terms and conditions associated with the offer.
Sportsbook promo codes can typically be used on any sports bet the sportsbook offers unless the terms and conditions state otherwise.
Sportsbook promo codes are updated regularly, but the frequency can vary depending on the sportsbook. It’s always a good idea to check the promotions page of a sportsbook to see what the current offers are.
Author
John Ferguson
