Explore the top sportsbook promotions exclusively reviewed and validated by our team of betting experts, all of which are tailored for U.S. bettors. Discover how leading betting sites can boost your bankroll and enhance your overall online sports betting experience.
Best Sportsbook Bonuses
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- Lucrative Rewards Program
- Exciting Odds Boost Promotions
- User-friendly Interface
- Depth of sports coverage
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- Bettor-friendly Platform
- Robust Search and Filter Tools
- Comprehensive Betting Resources
- Personalized Promotions
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- Dynamic Betting Variety
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- Dynamic Betting Variety
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- Multilingual Support
What are sportsbook bonuses?
Sportsbook bonuses and promotions are special offers that online sports betting sites provide to attract new customers and reward existing ones. These promos can include free bets, deposit bonuses, risk-free bets, odds boosts and loyalty rewards programs, each designed to give bettors extra value when placing sports wagers.
Sportsbooks use promotions to differentiate themselves in a competitive market, giving bettors incentives to sign up, deposit funds and keep betting. These offers often come with specific terms and conditions, such as wagering requirements or minimum odds, which bettors should review before claiming.
How do sportsbook promotions work?
Sportsbook promotions work by providing bettors with extra incentives, such as bonus funds, free bets or boosted odds, in exchange for meeting specific requirements. These offers typically require a deposit, wager or promotional code and come with terms like wagering requirements, minimum odds or expiration dates.
Most promotions are structured to encourage continued betting. For example, a deposit match bonus credits extra funds based on the amount deposited, but bettors must wager the bonus a certain number of times before withdrawing. Risk-free bets refund losing wagers as bonus bets rather than cash, requiring additional bets to unlock any winnings.
Understanding the fine print is crucial. Sportsbooks set rules on eligible bets, withdrawal conditions and time limits to ensure promotions serve their business interests. Bettors who carefully review these details can take full advantage of sportsbook promos while avoiding restrictions that limit potential profits.
Popular Types of Sportsbook Promo Codes & Offers
The following sections cover the most common sportsbook promotions available at many of the major online sportsbooks. Each of these types of promos or sports betting bonus offers has unique benefits and requirements typically associated with them:
Sign-Up Bonuses
A sign-up bonus (or welcome bonus) is one of the most common promos offered in the online sports betting industry to attract first-time users. This type of bonus rewards bettors for completing the sign-up process and making their first deposit.
These sign-up promo offers often come in the form of deposit matches, where the sportsbook matches a percentage of the initial deposit with bonus funds. These sign-up offers are designed to give new users extra value right from the start, helping them explore the platform with reduced risk.
Example: An online sportsbook offers a 100% deposit match up to $200 for new users. If a bettor deposits $200, they receive an additional $200 in bonus funds, giving them a total of $400 to wager with.
However, the bonus funds typically come with wagering requirements, such as a 5x rollover. This means the bettor must wager $1,000 ($200 x 5) before they can withdraw any winnings from the bonus.
If the bettor deposits $300, they still only receive $200 in bonus funds due to the maximum cap associated with this promo type. Welcome bonuses are a great way to boost your bankroll, but always check the promo terms to understand the requirements.
Deposit Match Bonus
A deposit match bonus is a popular promotion where a sportsbook matches a percentage of a bettor’s deposit with bonus funds. This type of offer is commonly used as a welcome bonus but can also be part of reload promotions for existing users. The match percentage and maximum bonus amount vary by sportsbook.
Deposit match bonuses often come with wagering requirements, which must be met before any winnings can be withdrawn. These bonuses are an excellent way to increase your betting bankroll, but it’s important to review the promo terms to understand the rollover requirements and eligible bet types.
Example: A sportsbook offers a 50% deposit match up to $200. If a bettor deposits $400, they receive an additional $200 in bonus funds, giving them a total of $600 to wager with. However, the bonus comes with a 4x rollover requirement. This means the bettor must wager $800 ($200 x 4) before they can withdraw any winnings from the bonus.
If the bettor deposits $500, they still only receive $200 in bonus funds due to the maximum cap. Deposit match bonuses provide extra value but require careful planning to meet the terms and maximize their potential.
No-Deposit Bonus
A no-deposit bonus is a promotional offer that rewards bettors without requiring an initial deposit. These bonuses are typically smaller in value compared to deposit-based offers but provide a risk-free way to explore a sportsbook.
No-deposit bonuses often come in the form of free bets or bonus funds that can be used to place wagers. However, they usually come with strict terms, such as high wagering requirements or maximum withdrawal limits. This type of bonus is ideal for bettors who want to test a sportsbook before committing their own money.
Example: Your favorite legal sportsbook offers a $10 no-deposit bonus to new users. The bettor receives $10 in bonus funds upon signing up, which can be used to place a wager. If the bettor wins, they must meet a 10x rollover requirement before withdrawing any winnings.
For instance, if the bettor wins $50 from the $10 bonus, they must wager $500 ($50 x 10) to unlock the funds. Additionally, the sportsbook may cap the maximum winnings from the no-deposit bonus at $100. No-deposit bonuses are a great way to get started but require careful attention to the terms to avoid forfeiting winnings.
Reload Bonuses
Reload bonuses are promotions designed to reward existing users for making additional deposits into their sportsbook accounts. These popular promos are similar to welcome bonuses but are aimed at keeping current customers engaged.
Reload bonuses typically provide a percentage match on the deposit amount, though the match rate and maximum bonus are often lower than those of welcome offers. Like other bonuses, reload offers come with wagering requirements and other terms that must be met before withdrawing any winnings.
Example: A sportsbook or mobile sports betting app offers a 25% reload bonus up to $100. If a bettor deposits $300, they receive an additional $75 in bonus funds, giving them a total of $375 to wager with. The bonus comes with a 5x rollover requirement, meaning the bettor must wager $375 ($75 x 5) before they can withdraw any bonus funds.
If the bettor deposits $500, they still only receive $100 in bonus funds due to the maximum cap. Reload bonuses are a great way to extend your bankroll and take advantage of ongoing promotions, but always review the terms to ensure the offer aligns with your betting strategy.
Risk-Free Bets
A risk-free bet is a popular promotion that allows bettors to place a wager without the fear of losing their money. If the bet loses, the sportsbook refunds the stake as a bonus bet credits. These special offers are often targeted at new users as part of a welcome package but can also be available to existing customers during special promotions.
Risk-free bets are typically capped at a specific amount, such as $50 or $100. The refunded bonus bet usually comes with its own terms, such as expiration dates, qualifying bet requirements or other wagering requirements. This type of promo is ideal for bettors looking to minimize risk while exploring a sportsbook.
Example: A sportsbook offers a $50 risk-free bet for new users. A bettor places a $50 initial wager on a game and if the bet loses, they receive a $50 bonus bet as a refund. The bonus bet must be used within 7 days and may require odds of -200 or longer.
If the original $50 bet wins, the bettor keeps the winnings without any restrictions. Risk-free bets provide a safety net for bettors, but it’s important to understand the terms of the refunded bonus bet to fully benefit from the promotion.
Second-Chance Bets
Second-chance bets (or no-sweat bets) are promos that give bettors another opportunity to win after a losing wager. These offers are often tied to a specific event or game and provide a refund in the form of a bonus bet or site credit if the initial bet loses.
Unlike risk-free bets, which are typically one-time offers, these sports betting promos can be part of ongoing promotions for existing users. The refunded amount is usually equal to the original stake, up to a specified limit and comes with terms and conditions, such as minimum wager requirements.
Example: A sportsbook or mobile sports betting app offers a second-chance bet promotion for a major football game. A bettor places a $100 wager on their chosen team to win. If the bet loses, the sportsbook refunds the $100 stake as a bonus bet. The bonus bet must be used within 14 days and may require minimum odds of -150.
If the original $100 bet wins, the bettor keeps the winnings without any restrictions. Second-chance bets provide added security and value, especially for high-stakes wagers, but bettors should always review the terms to maximize the offer’s potential.
Bonus Bet Offers
Bonus bet offers are promotions where sportsbooks provide bettors with free bets that can be used to place wagers without risking their own money. These offers are often awarded as part of sign-up offers, loyalty rewards or special promotions.
These sports betting bonuses are typically smaller in value compared to deposit-based bonuses but come with fewer restrictions, such as lower or no wagering requirements. However, they often have expiration dates and may require minimum odds for eligible bets.
Example: A sportsbook offers a $25 bonus bet to new users after they place their first wager. The bettor receives the $25 bonus bet, which must be used within 7 days and on odds of -200 or longer.
If the bonus bet wins, the bettor keeps the winnings, but the original $25 stake is not returned. For instance, if the $25 bonus bet is placed on +150 odds and wins, the bettor receives $62.50 in winnings. Bonus bet offers provide a low-risk opportunity to boost your bankroll, but always check the terms to ensure the offer aligns with your betting strategy.
Bet & Get Promotions
Bet & Get promotions reward bettors with bonus bets or other incentives after placing a qualifying wager. These offers are commonly used to encourage betting on specific events or to attract new users.
Unlike deposit match bonuses, Bet & Get promotions do not require additional funds beyond the initial bet, making them an attractive way to earn extra value. The bonus amount and eligibility conditions vary from sportsbook to sportsbook, with common requirements including minimum odds, wager amounts or event restrictions.
Example: An online sportsbook or mobile sportsbook app offers a “Bet $50, Get $100” promotion. A bettor places a $50 wager on any eligible market with odds of -150 or longer. Once the bet is placed, they receive $100 in bonus bets, typically split into multiple free bets (e.g., two $50 bets).
The bonus bets usually have expiration dates and may need to be used on specific bet types or odds. Bet & Get promotions provide a straightforward way to increase betting value without requiring additional deposits, but bettors should always check the terms to maximize their benefits.
Odds Boosts
Odds boosts are promotions that increase the potential payout of a specific bet by offering enhanced odds. These special promos are often applied to popular markets, such as player props, game outcomes or same-game parlays and can significantly improve the value of a sports wager.
Sportsbooks use odds boosts to attract attention to certain events or betting markets, making them a great way for bettors to maximize their potential returns. Unlike other promotions, odds boosts typically have no additional terms or wagering requirements, but they are usually limited to a single bet or a specific market.
Example: A legal sports betting site offers an odds boost on a football player to score a touchdown, increasing the odds from +150 to +200. A bettor places a $50 wager on the boosted odds. If the player scores a touchdown, the bettor wins $100 instead of the original $75 payout.
If the bet loses, the bettor loses the $50 stake. Odds boosts provide an opportunity for higher payouts without additional risk, making them a popular choice for bettors looking to capitalize on specific events or markets. Always check the sportsbook’s promotions page to find the latest odds boosts and maximize your betting value.
Profit Boosts
Odds boosts are promotions that increase the potential payout of a specific bet by offering enhanced odds. These boosts are often applied to popular markets, such as player props, game outcomes or parlays and can significantly improve the value of a wager.
Sportsbooks use odds boosts to attract attention to certain events or betting markets, making them a great way for bettors to maximize their potential returns. Unlike other promotions, odds boosts typically have no additional terms or wagering requirements, but they are usually limited to a single bet or a specific market.
Example: Your favorite online sportsbook offers an odds boost on a football player to score a touchdown, increasing the odds from +150 to +200. A bettor places a $50 wager on the boosted odds. If the player scores a touchdown, the bettor wins $100 instead of the original $75 payout.
If the bet loses, the bettor loses the $50 stake. Odds boosts provide an opportunity for higher payouts without additional risk, making them a popular choice for bettors looking to capitalize on specific events or markets. Always check the sportsbook’s promotions page to find the latest odds boosts and maximize your betting value.
Parlay Insurance
Parlay insurance is a promotion that protects bettors from losing their entire stake if one leg of their parlay bet fails. If a bettor places a parlay and all but one leg wins, the sportsbook refunds the stake as a bonus bet or site credit. This offer is designed to encourage bettors to place multi-leg wagers by reducing the risk involved.
Parlay insurance is often available for specific types of parlays, such as those with a minimum number of legs or certain betting odds and typically comes with terms like expiration dates or wagering requirements for the refunded amount.
Example: A sportsbook or mobile sports betting app offers parlay insurance on 4-leg parlays. A bettor places a $50 wager on a 4-leg parlay. If three legs win and one leg loses, the sportsbook refunds the $50 stake as a bonus bet. The bonus bet must be used within 7 days and may require minimum odds of -200.
If all four legs win, the bettor receives the full payout without any restrictions. This provides a safety net for bettors who enjoy multi-leg wagers, making it a valuable promotion for those looking to minimize risk while pursuing higher payouts. Always check the terms to ensure the offer fits your betting style and personal preferences.
Referral Bonuses
Referral bonuses are promotions that reward bettors for inviting friends to join a sportsbook. When a referred friend signs up using a unique referral link or referral code and meets certain requirements, such as making a deposit or placing a bet, both the referrer and the referee receive a bonus.
These bonuses often come in the form of free bets, bonus funds or site credit and are a great way for bettors to earn extra value simply by sharing their favorite online sports betting site with others. Referral bonuses typically have terms like minimum deposit amounts, wagering requirements or expiration dates for the bonus offer.
Example: An online sportsbook offers a $50 referral bonus for both the referrer and the referee. A bettor shares their unique referral link with a friend. The friend signs up, deposits $100 and places a $50 wager.
Once the friend meets the requirements, both the bettor and their friend receive $50 in bonus funds. The bonus funds may come with a 1x playthrough requirement, meaning they must be wagered once before any winnings can be withdrawn.
VIP & Loyalty Programs
VIP and sportsbook loyalty programs are designed to reward frequent bettors for their continued activity on a sportsbook. These programs operate on a points-based system, where bettors earn points for every wager they place. Accumulated points can be redeemed for rewards such as bonus bets, free plays or additional offers.
Higher tiers in these rewards programs may offer additional benefits, such as personalized account managers, faster withdrawals or enhanced promotions. VIP and loyalty programs are ideal for bettors who regularly use a sportsbook and want to maximize the value of their betting activity.
Example: An online sports betting site or mobile sports betting app offers a loyalty program where bettors earn 1 point for every $10 wagered. Once a bettor accumulates 1,000 points, they can redeem them for a $10 bonus bet.
Higher tiers in the rewards program, such as Gold or Platinum status, offer additional perks like 10% weekly cashback on losses or exclusive access to special events. VIP and loyalty programs provide long-term value for dedicated bettors, but it’s important to understand the points system and redemption options to make the most of these offers.
Special Event Promo Codes
Special event promo codes are exclusive promotions and offers tied to major sporting events, such as March Madness, the Super Bowl or the World Series. These promotions are available for a limited time and are designed to capitalize on the heightened excitement and betting activity during these events, offering bettors extra value.
Promo codes may unlock bonuses like free bets, deposit matches, odds boosts or risk-free bets specifically for event-related markets. Sportsbooks often promote these bonus codes through email campaigns, social media or their websites, making them a great way to enhance your betting experience during the biggest games of the year.
Example: During March Madness, an online sportsbook offers a promo code for a $25 free bet when users place a $50 futures bet on an upcoming tournament game. Sports bettors enter the code at checkout to unlock the offer.
Similarly, for the Super Bowl, a sportsbook might provide a 50% odds boost on a player prop bet, such as the first touchdown scorer. Finally, during the World Series, a promo code could grant a risk-free bet of up to $100 for wagers placed on the championship series.
Special event promo codes add extra excitement and value to major sporting events but always check key terms and conditions to ensure the offer aligns with your overall online sports betting strategy.
Common Terms & Conditions of Promos
Sportsbook promotions come with specific terms and conditions that bettors must meet before withdrawing any bonus funds or winnings. Understanding these conditions ensures bettors can maximize their bonus value while avoiding unexpected restrictions. Below are the most common requirements associated with these special bonuses:
- Rollover Terms: Most bonuses require bettors to wager the bonus amount — or the deposit and bonus combined — a certain number of times before withdrawing winnings. A 5x playthrough requirement on a $100 bonus means placing $500 in total bets before funds become withdrawable.
- Minimum Deposit: Some promotions require a minimum deposit to qualify. A sportsbook might offer a 100% deposit match but only for deposits of $20 or more.
- Maximum Bonus Amount: Sportsbooks cap how much bonus money a bettor can receive. If a 50% deposit match is offered up to $200, depositing $500 would still only earn a $200 bonus.
- Eligible Bet Types: Certain promotions apply only to specific bet types, such as straight bets, parlays or specific sports. Some bonuses exclude futures bets or live betting.
- Minimum Odds: Many sportsbooks require bonus-related bets to be placed on odds of -200 or longer. This prevents bettors from wagering on heavy favorites just to clear a bonus quickly.
- Wagering Period: Bonuses often have a set timeframe within which wagering requirements must be met. A sportsbook may require the rollover to be completed within 7, 14 or 30 days.
- Withdrawal Restrictions: Some bonuses prevent withdrawals until all conditions are met. If a bettor attempts to withdraw before completing the rollover, the bonus and associated winnings may be forfeited.
- Bonus Expiration Date: Bonus funds and bonus bets typically expire if not used within a set period. A sportsbook might issue a bonus bet that expires after 7 days, requiring bettors to use it quickly.
- Deposit Method Exclusions: Some sportsbooks exclude certain deposit methods, such as Skrill, Neteller or cryptocurrency, from qualifying for a bonus. Bettors using these methods may not receive the offer.
- Restricted Markets: Some promotions are limited to certain states or countries, meaning users outside those regions are ineligible. Additionally, certain sports or leagues may be excluded.
- One Bonus Per Household Rules: Most sportsbooks limit promotions to one per household, IP address or device to prevent abuse. Multiple accounts attempting to claim the same offer may be flagged and voided.
- Cashout Exclusions: Some sportsbooks prevent bettors from using the early cashout feature on wagers placed with bonus funds. This forces bettors to let bets settle before winnings can be credited.
- Maximum Winnings from Bonus: Some bonuses have capped winnings, meaning even if a bettor wins more than the limit, they can only withdraw up to a certain amount. A no-deposit bonus might cap maximum winnings at $100.
- Bonus Code Requirement: Some promotions require bettors to enter a promo code during signup or deposit to claim the offer. Failing to enter the correct code may result in missing out on the bonus.
- Inactivity Penalties: Some sportsbooks and mobile sports betting apps remove bonus funds or even winnings if an account remains inactive for too long. If a bettor fails to place bets within the wagering period, the bonus may be forfeited.
Reviewing a sportsbook’s terms ensures bettors fully understand the conditions before claiming a promotion. Being aware of these restrictions helps maximize the value of bonuses while avoiding any potential forfeitures.
Find the Best Sportsbook Promos Today
Many top online sportsbooks offer a variety of promotions to attract new bettors and keep existing users engaged. While the specific offers vary, major sportsbooks consistently provide new and ongoing promotions that add value to the betting experience. Below are some of the top sportsbooks known for offering competitive bonuses and promo codes:
- FanDuel Sportsbook: FanDuel Sportsbook regularly features generous welcome bonuses, including no-sweat first bets, where losing first wagers are refunded as bonus bets. FanDuel also offers daily odds boosts, parlay insurance and Bet & Get promotions for ongoing users.
- DraftKings Sportsbook: DraftKings is known for its deposit match bonuses and bonus bet offers. New users often receive a deposit match, while existing users can take advantage of odds boosts, profit boosts and loyalty rewards. DraftKings frequently updates its current promotions to align with major sporting events.
- BetMGM Sportsbook: BetMGM Sportsbook provides second-chance bets as a welcome offer, refunding a losing first bet with site credit. It also runs promotions like parlay insurance, odds boosts and reload bonuses for returning users. BetMGM’s rewards program allows bettors to earn points that can be redeemed for bonus bets or real-world perks.
- Caesars Sportsbook: Caesars Sportsbook is known for its first-bet insurance, which provides refunds in bonus bets if a bettor’s first wager loses. It also offers profit boosts, exclusive VIP rewards and seasonal promotions tied to major events like the Super Bowl and March Madness.
- BetRivers Sportsbook: This online sports betting site offers low-rollover bonuses, making it easier to meet wagering requirements compared to other online sportsbooks. BetRivers promos also provides daily odds boosts, referral bonuses and a tiered loyalty rewards program.
These sportsbooks and mobile apps consistently offer some of the best promotions in the industry. Checking their promo pages regularly ensures bettors can take advantage of the latest offers. Reviewing the terms of each bonus is essential to understanding the full value and any restrictions before claiming a promotion.
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Conclusion
Sportsbook promotions provide bettors with valuable opportunities to maximize their bankroll and enhance their betting experience. Whether through welcome bonuses, odds boosts or loyalty rewards, these offers can add extra value to wagers when used strategically.
Before claiming any bonus, bettors should carefully review the requirements, including wagering conditions, expiration dates and eligible bet types. Understanding these details ensures they can take full advantage of online sportsbook promos without unnecessary restrictions.
By comparing offers from top sportsbooks or mobile apps and selecting promotions that align with their betting style, bettors can make the most of available bonuses while maintaining control over their bankroll.
Sportsbook Bonuses: Frequently Asked Questions
What sportsbooks have promotions?
Most major sportsbooks offer promotions, including FanDuel, DraftKings, BetMGM, Caesars and BetRivers. These sportsbooks provide welcome bonuses, odds boosts, risk-free bets and loyalty rewards. Promotions vary by site and location, so checking each sportsbook’s promo page ensures access to the best available offers.
Is it good to have multiple sportsbooks?
Yes, having accounts at multiple sportsbooks allows bettors to compare odds, take advantage of various promotions and maximize bonus opportunities. Different sportsbooks offer unique promos, odds boosts and betting lines, giving bettors more value and flexibility when placing wagers.
Why do sportsbooks offer free bets?
Sportsbooks offer free bets to attract new customers, retain existing users and encourage more wagering. These promotions provide bettors with risk-free opportunities to place bets while ensuring continued engagement with the platform. Free bets come with terms and conditions that benefit the sportsbook while still offering value to bettors.
What happens if you win a free bet?
If you win a free bet, you receive only the profit from the wager, not the original stake. For example, a $50 free bet at +200 odds would return $100 in winnings, but the $50 free bet amount is not included in the payout. Winnings may also be subject to wagering requirements.
What sportsbook gives the most bonus bets?
The online sportsbook that offers the most bonus bets varies based on promotions and location. FanDuel, DraftKings, BetMGM and Caesars frequently provide high-value welcome bonuses, risk-free bets and ongoing promotions. Checking each sportsbook’s promo page regularly ensures access to the best available offers.
Can you cash out bonus bets?
No, bonus bets cannot be cashed out directly. They must be used to place wagers and only the winnings from a successful bet are withdrawable. For example, a $50 bonus bet at +200 odds would yield $100 in profit, but the original $50 stake is not included in the payout.
What is FanDuel's new customer promo?
FanDuel’s new customer promotion offers $300 in bonus bets if your first $5+ cash wager wins. No promo code is required; simply sign up, deposit at least $5 and place your first bet. If it wins, you’ll receive $300 in bonus bets within 72 hours.
How can I get free money on DraftKings?
To receive free bonus bets on DraftKings, new users can sign up, deposit at least $5 and place a $5 wager on any sport. Win or lose, you’ll receive $200 in bonus bets. Additionally, DraftKings offers a 20% deposit match up to $1,000.
How does Caesars Sportsbook's bonus work?
Caesars Sportsbook offers new users a “First Bet on Caesars” promotion. After signing up and using a promo code, place a minimum $1 wager. If your first bet loses, you’ll receive a bonus bet equal to your stake, up to $1,059. The bonus bet must be used within 14 days.
How do I add a bonus code on BetMGM?
To add a bonus code on BetMGM, enter it during the registration process. When signing up, you’ll find a field labeled “Promo Code” where you can input your code to claim the associated promotion. Ensure you enter the code correctly to receive the intended bonus.