Best Sportsbook Promos & Welcome Bonuses (Updated January 2026)
The best sportsbook promotions for new sports betting players can truly make a real difference to your bank balance and overall betting experience. Strong welcome bonuses can help increase your pot without having to spend more of your own money. What more could you want?
With sportsbook promotions coming in a variety of different sizes, it's best to explore what suits your needs. Don't worry, we have you covered in this guide. We'll also advise and give tips on how to maximize your promos and where to get the best ones. We're excited - and you should be too.
Best Sportsbook Promos Today
Sportsbook Promos Explained: Best Brands' Promos Reviewed
From deposit matches, free bets and cashbacks, it's up to you to figure out what you prefer to use the most. That's where we come in to help you out with a list of the best sportsbook promos today. The top sports betting sites offer welcome bonuses that bettors can claim for events such as The PGA Tour, NBA Playoffs, or MLB regular season games.
Interested? I'm sure you are. Keep reading below to see how these promotions are structured and how to claim exclusive sign-up bonuses from top sportsbooks like BetMGM, bet365, Caesars, Hard Rock Bet, FanDuel, DraftKings, and Fanatics.
BetMGM Bonus
- $150 in Bonus Bets
- Mobile app for sports and casino
- Extensive responsible betting tools
- Stake restrictions on Odds Boosts
BetMGM is one of the gladiators when it comes to online sports betting. BetMGM offers a mobile app-specific promotion for eligible iOS and Android customers in the US: bet $10 and get $150 in bonus bets - no BetMGM bonus code is required. Other top BetMGM existing player offers include odds boost tokens for the NBA along with MLB parlay boost tokens.
Weekly Promotions:
- Get A Second Chance On First TD Bets - Start Date: September 4, 2025 at 12:00 AM EST / Expiry Date: February 8, 2026 at 11:59 PM EST
- Get A Share of $10,000 in Bonus Bets - Get a share of the bonus bet pot if your NHL goalscorer shoots a hattrick. Expiry Date: TBC.
Bettors can find all the major leagues, including the NFL, NBA, and MLB, are covered, along with other popular sports like golf, tennis, and motor racing, among others. Nothing is left out at this sportsbook. The BetMGM sites feature a classic design with black and gold colors, complemented by a user-friendly interface, making navigation on the site quite easy.
For users who prefer to interact with the site from their phone, BetMGM offers a dedicated mobile app for both Android and iOS users which can be easily downloaded from the Apple Store or Google Play Store.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win bet365 Bonus
- Bet $5 & Get $150
- User-friendly app
- Extensive sports market coverage
- Bonus bets expire quickly
bet365 undoubtedly stands out as one of the leading sportsbooks, offering excellent sportsbook promotions to sports fans who bet on their favorite games. New customers at bet365 can take advantage of the bet365 bonus - Bet $5 & Get $150 + 10 golden chips, or Bet $5, Get $300 in Bonus Bets Win or Lose, depending on the state.
Major leagues are also covered at bet365, including the NBA, MLS, NFL, MLB, and NHL, as well as other smaller sports such as football, basketball, rugby, handball, and more. Bettors can take advantage of the variety of sports promotions at bet365, including profit boosts on SGP, Super Boosts, and early payouts.
Weekly Promotions:
- 17 Point NFL Early Payout - Start Date: September 4, 2025 / Expiry Date: February 8, 2026
- 17 Point NCAAF Early Payout - Start Date: August 23, 2025 / Expiry Date: January 19, 2026
bet365 has a dedicated mobile app that can be downloaded on the Apple App Store or Google Play Store. This is not to say that you can not bet using the mobile-optimized version, which works smoothly with the same feel as the desktop site. bet365 offers competitive odds and superb live betting and streaming features. It's one of the best on the market.
Caesars Sportsbook Promo
- Up to $250 Bonus Bet
- Daily odds boost offerings
- Strong loyalty rewards program
- Promo availability varies by state
Caesars Sportsbook is an established brand in US sports betting arena, with generous promos for both new and existing users. Take the welcome offer for example - Up to $250 Bonus Bet. These bet tokens can be used on numerous sports, giving you a shot at grabbing some boosted winnings.
For existing users, Caesars runs regular promotions, including odds boosts, SGP profit boosts, and featured specials like the ‘50 Burger’ promo where you could win a share of $50,000 in free bets when a team hits 50+ points.
Weekly Promotions:
- Million Dollar Parlay Payday - Start Date: September 1, 2025 / Expiry Date: January 30, 2026
-
Caesars Parlay Boost Tokens – Start Date: Ongoing / Expiry Date: Ongoing
-
Refer-A-Friend Bonus – Start Date: Ongoing / Expiry Date: Ongoing Earn Caesars
Always be sure to check if a Caesars promo code is required for any bonuses before you claim. Don't panic, as this is normally outlined very clearly. Users can also collect Caesars Rewards points on every wager, which can then be redeemed for bonuses or experiences on the Caesars site.
The Caesars Sportsbook site and app is smooth to navigate and features competitive odds. Overall, it’s a great all-around choice if you’re looking for a comprehensive selection of sports.
Hard Rock Bet Promo
- Get $150 in Bonus Bets
- Excellent app speed and stability
- Straightforward deposits and withdrawals
- Complex app design
The Hard Rock brand is well known internationally, but what about the Hard Rock Bet sportsbook. Well, the site comes with a sleek design, competitive odds, and consistent promos, making it a popular choice among sports bettors.
The app is certainly worth a download too, as it has everything you need to place wagers while on the go.
New users can get started with the Bet $5 & Get $150 in Bonus Bets If You Win offer when their first wager wins. It’s a straightforward welcome deal currently on the market and provides good value if you can pick a winner.
Weekly Promotions:
- Happy Hour odds boosts - Start Date: Every Friday at 4 p.m. ET / Expiry Date: Same Friday at 7 p.m. ET
- Daily Odds Boosts - Start Date: Every day at 12 a.m. ET / Expiry Date: Same day at 11:59 p.m. ET
Other than that, existing users can benefit from weekly Hard Rock Bet bonuses and rewards, including daily and ‘Happy Hour’ odds boosts, profit boosts on major leagues like NFL, NBA, and MLB, and access to the Unity Rewards program.
Bet $5 & Get $150 in Bonus Bets If You Win FanDuel Promo
- Get $250 in Bonus Bets
- Live streaming is built into the app
- Colorful and user-friendly app
- Promotions may vary by state or event
FanDuel Sportsbook suits both casual and seasoned bettors thanks to its strong line-up of promos and very easy to use site. When you join you can grab the popular welcome offer of Bet $5 Get $250 in Bonus Bets If Your Bet Wins!.
Existing users don’t get left out either, with weekly FanDuel bonuses and promotions such as profit-boost tokens and odds boosts routinely available. These promos cover major sports like the NFL, NBA, MLB, and more.
Weekly Promotions:
- Daily Shuffle & Parlay Prizes – Build a free parlay (Monday–Saturday) for a chance at big prize pools every week
- FanDuel Friday Profit Boost - 30% Extra on Any Won Bet – Start Date: Every Friday at 12 a.m. ET / Expiry Date: Same Friday at 11:59 p.m. ET
If you prefer wagering on your phone, the FanDuel app is available on both iOS and Android. It functions well for live betting and in-play action as well as futures, and with competitive odds, FanDuel remains a top betting site all-year round. We love it.
Bet $5 Get $300 in Bonus Bets If Your Bet Wins! DraftKings Promo
- $200 in Bonus Bets
- Intuitive Android and iOS app
- Competitive sports betting odds
- Limited live streaming options
DraftKings is one of the fast-growing betting sites in the sports betting industry, with a sign up bonus Bet $5+ and get $200 in Bonus Bets if it wins! This sportsbook also offers plenty of profit boost tokens across multiple leagues and events. Major promotions include a profit boost for every NBA Playoff game.
This sportsbook offers a diverse range of sports betting markets, encompassing popular sports such as baseball, basketball, soccer, hockey, and football. Bettors can also find various types of bets, such as parlay bets, correct scores, double chances, lines, overs/unders, and point spreads.
Weekly Promotions:
- NFL Parlay Boost - Expiry Date: Ongoing
- Daily DraftKings Profit Boosts – Start Date: Every day at 12 a.m. ET / Expiry Date: Same day at 11:59 p.m. ET
The DraftKings sportsbook app features an impressive design and is easy to navigate. The app functions seamlessly on both Android and iOS devices.
Bettors can take advantage of the competitive odds offered at DraftKings on popular sports events and major leagues, including MLB, NHL, and NFL. DraftKings' user-friendly interface, In-play betting, and awesome promotions help enhance users' overall betting experience.
New Customers: Bet $5+ and get $300 in Bonus Bets if it wins! Fanatics Sportsbook Promo
- Bet $50, Get $300 in FanCash
- Mobile-first experience
- Live streaming & in-play betting
- No desktop betting site
Fanatics Sportsbook brings a mobile-first, vibrant, and rewards-driven betting experience for new and existing bettors. For new users, a Bet $50, Get $300 in FanCash is currently available. For current users, regular Fanatics promos such as weekly odds-boosts and a daily ‘Power Hour’ offer great opportunities to enhance your wagering.
Weekly Promotions:
- Fanatics 'Power Hour' - Start Date: Everyday 12 PM ET / Expiry Date: Everyday 6 PM ET
- Bet $30, Get $300 in FanCash (New Users) - Start Date: Ongoing 2026 / Expiry Date: June 1, 2026
The ‘FanCash’ rewards system allows you to collect FanCash on every wager, with the opportunity to spend the FanCash in real-life. The sportsbook covers major leagues like the NFL, NBA, and MLB, and the strong betting market options will appeal to many types of bettors.
The Fanatics app is available for both iOS and Android and you’ll find live-betting, quick payment options and a dedicated ‘Discover’ section for boosts and offers.
Bet $50, Get $300 in FanCash How to Claim your Sportsbook Promo
Generally speaking, claiming sportsbook promos involves a straightforward, uncomplicated process. To make sure you receive yours without any issues, let's take a look at our step-by-step guide together on how to claim the best sportsbook bonuses:
- Choose a licensed sportsbook: Click on your preferred bookmaker on the banners on this page.
- Sign up and verify your account: Fill the registration form by entering your personal details, such as your name, address, email address, and any other required details.
- Enter the sportsbook promo code: Enter an exclusive promo code, if any, to activate the bonus.
- Make a deposit: Most sportsbooks would require a minimum qualifying deposit to trigger the bonus.
- Place your first bet: Depending on the nature of the offer, your bonus will be awarded once your first bet settles.
- Claim your bonus: Bonus bet or credits will be automatically credited to your account.
Best Sportsbook Bonuses Finder
| Sportsbook Promos | Bonus Offer |
| BetMGM Bonus Code | Up To $1500 in Bonus Bets or Bet $10 Get $150 |
| bet365 Bonus Code | Bet $5 & Get $150 + 10 golden chips |
| Caesars Sportsbook Promo Code | Up to $250 Bonus Bet |
| Hard Rock Bet Promo Code | Bet $5, Get $150 in Bonus Bets If You Win |
| FanDuel Promo Code | Bet $5 Get $300 in Bonus Bets If Your Bet Wins! |
| DraftKings Promo Code | Bet $5+ and get $300 in Bonus Bets if it wins! |
| Fanatics Sportsbook Promo Code | Bet $50, Get $300 in FanCash |
| Crab Sports Promo Code | 100% First Bet Boost up to $500 |
Best Way to Use Your Sportsbook Promo
I've found that one of the most efficient ways to maximize sports betting bonus codes is to use them on futures bets. This is because you’re not receiving the “stake” of the bonus bet in your theoretical net profit, which is noted above.
For instance, if you receive a $50 bonus credit and decide to use it on a -130 moneyline wager. If the bet wins, you would inherit $38.46 in your sportsbook funding. While you can account for the stake if you roll over those winnings into another bet, you’re technically losing “value” on the bonus bet.
On the flip side, if a bettor places this bonus wager on a +3000 futures bet, the potential net outcome would be $1,500. Of course, a futures bet has a less likely chance of cashing than a single-game bet - solely based on implied probability.
But this thought process revolves around using your “real money” for single-game wagers and your bonus funds for mainly futures bets.
If you’re an ultra-casual or conservative sports bettor, this advice may not apply to you - and that’s totally fine. These recommendations allow bettors who plan on being more active users to fully get the most “bang for their buck,” if you will.
Sportsbook Promos for Existing Players
There's more to sportsbook bonuses than just welcome offers. As players, this is music to our ears. Sportsbooks will want to keep existing customers happy which is why they offer a strong selection of sports betting promos on a weekly basis.
These will vary depending on the sportsbook you choose to use, but most will offer: profit boost tokens, odds boosts, second chance bets, parlay insurance and more.
Most US sports betting apps want existing players to stick around and therefore your loyalty is rewarded. It's a win win if the sportsbook continues to deliver enticing offers.
Below, we've compiled a list of current offers sportsbooks are advertising to their players. Make sure to return to this page to keep on top of the most eye-catching bonuses.
BetMGM Sportsbook Promos
- NBA Playoff Profit Boosts (ongoing profit boosts)
- Second-Chance All-Sport Bet
- Refer-A-Friend (bonus bets like $100 for referrals)
⌛ Expiration: Boosts/no-sweat offers rotate weekly/monthly
bet365 Sportsbook Promos
- Up to 100% Parlay Boosts (profit/accumulator boosts)
- MLB/NBA/NHL Early Payouts
- Daily Bet Boosts
⌛ Expiration: No fixed expiration on daily boosts. Early payouts vary on sport seasons
Caesars Sportsbook Promos
- 0% Golf Profit Boost
- NHL 50% Same-Game Parlay Profit Boost
- Refer-A-Friend: $50 in bonus bets
⌛ Expiration: Profit boost tokens typically expire within 7-14 days
Hard Rock Bet Promos
- Current daily/weekly boosts (profit/odds boosts vary by sport)
- Bonus Bet Club rewards
⌛ Expiration: Currently ongoing boosts and rewards
FanDuel Sportsbook Promos
- MLB Reward Stack (profit boosts tied to MLB action)
- Refer-A-Friend (three 100% boosts upon qualifying referrals)
⌛ Expiration: Currently ongoing and no expiry
DraftKings Sportsbook Promos
- MLB HR No-Sweat Bet (on select events)
- NBA Playoffs Weekly No-Sweat
- RBC Heritage Mystery Boosts (seasonal golf boosts)
⌛ Expiration: Available throughout the season
Fanatics Sportsbook Promos
- “New Reward Every Day” (daily promo/boost link in app)
- FanCash Rewards & daily engagement bonuses
⌛ Expiration: Daily rewards don’t have fixed long-term expiration but must be claimed each day; check app for timing alerts
Best Sportsbook Bonus for Today 🔥
The Bet $5+ Get $200 Bonus Bets offer from DraftKings Sportsbook is a top pick for new bettors. Opt in, place your first $5+ bet, and claim up to $200 in bonus bets plus 3 months of League Pass. Max bonus limits apply. Read full terms and conditions.
New Customers: Bet $5+ and get $300 in Bonus Bets if it wins! Exciting Games to use the Sportsbook Promo on
When there are major sporting events, many sportsbooks try to take advantage and will create bespoke sportsbook promotions to keep existing players happy. We've highlighted a few current sportsbook promos to keep an eye on and stated the sportsbook where you can find the bespoke offer.
MLB Season
The 2026 League Championship is right around the corner, with fixtures starting from February. With that in mind, it's definitely worth checking out bet365 promo that offers early payouts once your chosen team edges ahead by a certain margin. You will be paid out in full, as cash, even if the other team fights back to win or draw. It's a popular promotion amongst players.
NBA Early Season
The NBA season sees the best teams across the US battling for the championship and DraftKings has taken care of their players. The sportsbook offers regular odds boosts on the most high-profile matches, that extends to the play-offs when the season comes to a close. DraftKings offers some of the best odds on the NBA, so if basketball is your sport, this is the sportsbook for you.
NHL
With the NHL season in full flow, you shouldn't miss out on BetMGM's incredible NHL goalscorer offer. Both new and existing players qualify for the offer, where you can win a share of a bonus pot if your chosen NHL goalscorer goes on to score a hattrick in the match.
Top Sportsbook Promos by each State
With sports betting legalization constantly on the move across the country, the number of sign-up opportunities continues to climb. That said, some states don’t have as many sportsbook licenses as others. To make things easier for you, here are the sportsbooks associated with states with legal sports wagering.
| State | Online Sports Betting? | Best Online Sportsbooks Available |
| Arizona | Yes | BetMGM, bet365, Caesars, Hard Rock Bet, FanDuel, DraftKings, Fanatics |
| Arkansas | Yes | N/A |
| Colorado | Yes | BetMGM, bet365, Caesars, FanDuel, DraftKings, Fanatics |
| Connecticut | Yes | DraftKings, FanDuel, Fanatics |
| Delaware | Yes | N/A |
| Florida | Yes | Hard Rock Bet |
| Illinois | Yes | BetMGM, bet365, Caesars, Hard Rock Bet, FanDuel, DraftKings, Fanatics |
| Indiana | Yes | BetMGM, bet365, Caesars, Hard Rock Bet, FanDuel, DraftKings, Fanatics |
| Iowa | Yes | BetMGM, bet365, Caesars, FanDuel, DraftKings, Fanatics |
| Kansas | Yes | BetMGM, Caesars, FanDuel, DraftKings, Fanatics |
| Kentucky | Yes | BetMGM, bet365, Caesars, FanDuel, DraftKings, Fanatics |
| Louisiana | Yes | BetMGM, bet365, Caesars, FanDuel, DraftKings |
| Maine | Yes | Caesars Sportsbook and DraftKings |
| Maryland | Yes | BetMGM, Caesars, FanDuel, DraftKings, Fanatics |
| Massachusetts | Yes | BetMGM, Caesars, FanDuel, DraftKings, Fanatics |
| Michigan | Yes | BetMGM, Caesars, FanDuel, DraftKings, Fanatics |
| Missouri | Yes | BetMGM, Caesars Sportsbook, bet365, DraftKings, FanDuel, Fanatics |
| Mississippi | Yes | BetMGM, Caesars Sportsbook |
| Montana | No | N/A |
| Nevada | Yes | BetMGM, Caesars Sportsbook |
| New Hampshire | Yes | DraftKings Sportsbook |
| New Jersey | Yes | BetMGM, bet365, Caesars, Hard Rock Bet, FanDuel, DraftKings, Fanatics |
| New Mexico | No | N/A |
| North Carolina | Yes | BetMGM, bet365, Caesars, FanDuel, DraftKings, Fanatics |
| New York | Yes | BetMGM, Caesars, FanDuel, DraftKings, Fanatics |
| Ohio | Yes | BetMGM, bet365, Caesars, Hard Rock Bet, FanDuel, DraftKings, Fanatics |
| Oregon | Yes | DraftKings Sportsbook |
| Pennsylvania | Yes | BetMGM, bet365, Caesars, FanDuel, DraftKings, Fanatics |
| Rhode Island | Yes | N/A |
| South Dakota | No | N/A |
| Tennessee | Yes | BetMGM, Caesars, Hard Rock Bet, FanDuel, DraftKings, Fanatics |
| Vermont | Yes | DraftKings, FanDuel, Fanatics |
| Virginia | Yes | BetMGM, bet365, Caesars, Hard Rock Bet, FanDuel, DraftKings, Fanatics |
| Washington, D.C. | Yes | BetMGM, Caesars |
| West Virginia | Yes | BetMGM, Caesars, FanDuel, DraftKings |
| Wisconsin | No | N/A |
| Wyoming | Yes | BetMGM, bet365, Caesars, FanDuel, DraftKings, Fanatics |
Best Sportsbook Promos by Sport
NFL promos
When it comes to NFL sports betting promos, the best sports betting sites and betting apps offer an extensive menu of options, including odds boosts, No Sweat SGP, house specials, popular parlays, and super boosts.
One example of a bet365 Super Bowl bet boost had +2000 odds, and the bettor needed Travis Kelce, Saquon Barkley, Kareem Hunt, and A.J. Brown each to score a touchdown. So the payout on a winning $100 bet would've been $2,100, including the initial stake (Brown was the only player to score). Sportsbooks typically set a maximum bet amount when it comes to certain boosts.
NBA promos
NBA promos usually center around marquee players like Stephen Curry, Luka Dončić, or Jayson Tatum. Common offers you’ll usually encounter include profit boosts, boosted parlays, and house specials.
For instance, DraftKings have been known to advertise a 25% profit boost on NBA futures, and FanDuel regularly advertise regularly 30% SGP profit boosts during the season.
UFC promos
With UFC cards taking place almost every weekend, sportsbooks regularly offer UFC betting sportsbook promos, especially when it comes to bigger premium live events like UFC 321 . The UFC bonus offers typically are not as extensive as compared of the other sports mentioned above.
Books like DraftKings will update its Quick SGP menu for each week’s card. Caesars Sportsbook regularly offers multi-fight specials when you place bets on several fight outcomes.
College Football promos
CFB betting is a little more exciting these days, especially during the playoff season. It means every game involving top-25 teams has more meaning, setting the scene for weekly college football promos.
Fanatics customers, for example, have access to a strong, popular parlay menu that is constantly updated throughout the season. With prebuilt parlays, users save time picking three or four legs. The flip side is that all the legs must hit to win the bet. At the same time, it doesn't mean the pre-built wager has a better shot of being a winner.
College Basketball promos
Excitement surrounding the regular season and March Madness usually sparks sportsbooks to roll out parlay boosts, insurance offers, and SGP boosts for the favorites and ACC matchups. The amount of action and hype surrounding events gives sportsbooks room to get pretty creative with promotions and bonus structures.
NHL promos
With the puck dropping for a new NHL season, bettors will find a variety of NHL sportsbook promos in the form of futures boosts, early payout offers, house specials, parlay insurance, and more. Sportsbooks like FanDuel, for example, will typically offer bettors profit boost on a 3+ leg SGP.
Hockey bettors will find daily odds boosts during the regular season and playoffs. BetMGM, for example, has offered a Hat Trick Jackpot promo in the past in which bettors needed to wager $10 on an anytime goal scorer, and if your skater scored at least three goals, you'd win a share of $10,000 in bonus bets.
MLB promos
Baseball promos often revolve around parlay insurance, boosts on certain markets, and house specials tied to matchups or players. For example, BetMGM sometimes offers SGP insurance, and if one leg fails, they often refund your stake as a bonus bet.Bonus bets are rarely full cash though, and they often credit you with a bonus bet rather than returning your original wager.
So let’s say for a Mets game, you build a parlay that includes a Mets win, Player 6+ strikeouts, Player home run, and Player 2+ total bases. If the player you bet on leaves the game with five strikeouts instead of six, but the other three legs hit, the parlay insurance will be applied. A bonus bet will appear in your account shortly after the wager settles.
WNBA promos
WNBA promos mirror NBA ones but on a smaller scale, focusing on key matchups and star players such as Caitlin Clark and A’ja Wilson. You can expect SGP boosts, prop boosts, and player-specific specials. FanDuel Sportsbook will sometimes roll out a SGP profit boost for regular-season games.
How our experts rate sportsbook promos
The sports betting experts at TheLines always seek the best bonuses and promos from new sports betting sites. It is important to remember that not all sportsbook bonuses hold the same value.
You will get some amazing offers when you first sign up at one of the sportsbooks mentioned above. However, these offers are constantly changing, so it's important to grab one that is best for you in a timely fashion. They don't last forever. If you see one you like, sign up!
For instance, when legal sports betting launched in Massachusetts. DraftKings ran a promo for new users in which you could get +100 odds on the Boston Celtics to score 1 point against the Houston Rockets. TheLines would rate this as an elite bonus that you should take advantage of.
Sportsbooks will initially run these types of promos to encourage users to sign up and then to keep them returning to their book in search of similar deals. Unfortunately, these offers come and go rather quickly, depending on upcoming games and sporting events.
We encourage line shopping when making a bet so you can get the maximum payout. The same goes for many of these "lower-tier" sportsbooks' odds boosts and promos.
Sportsbooks often have similar, if not identical, "lower-tier" odds boosts on games. If you want to be profitable when betting on sports, you will want to find the best odds, odds boosts, and promos available.
For instance, let's say Caesars Sportsbook has an odds boost of Jayson Tatum or Jaylen Brown to score the game's first field goal at +270. DraftKings, meanwhile, has that same prop at +290. In this scenario, you'd want to bet at DraftKings instead of Caesars.
Different types of promos and bonuses
Online sportsbooks offer various promotions for new and existing customers. The names may vary by sportsbook, but the promotions generally fall into the following categories.
⭐️ No deposit bonus
This sportsbook promo comes with bonus funds that you can use for a wager following registration. The amount will vary based on the sports betting site's offer. However, the no deposit bonus will not be available to withdraw as it is not considered a site credit.
Right now there are no 'no deposit bonus' bets available. However, we can look at a previous example of a DraftKings bonus that came with a $50 bonus bet, and you could use at any sporting event.
Say for Super Bowl 60, you like the Philadelphia Eagles moneyline combined with a Jalen Hurts first touchdown scorer, and Patrick Mahomes over 250 passing yards in a three-leg spread parlay, and you use the $50 bonus bet on it.
As long as all three legs hit, DK will credit you the winnings from this no deposit bonus bet, but keeps the site credit. Based on odds of +1800, you will receive $900 in your account if the bet is a winner.
When taking advantage of this promo, if the bet loses, you'll need to deposit funds to make future wagers. Be sure to read the full terms and conditions regarding a bonus bet, as there are restrictions regarding the expiration date. Basically, a no deposit bonus bet is a great way to give the sports betting app a test run.
💵 Deposit match
The top sportsbook might include a deposit match "up to $1,000" in the sign-up offer. But be sure to read the full terms and conditions associated with this offer. It's typically a percentage of your first deposit and includes a playthrough requirement before the funds are available for withdrawal.
If it's a 20% deposit match, for example, and you deposit $500, the deposit match bonus would be $100, giving you a total of $600. If you do decide to take advantage of this offer, that sounds appealing, consider your personal gambling comfort level.
🎁 Sign-up or welcome bonus
A signup bonus is exactly what it sounds like. A sportsbook is giving a new customer a bonus for signing up for a sports betting account and making a deposit. The offers located at the top of this page are all examples of current welcome bonuses.
😎 No-sweat bet
Receive a refund as a bonus bet or bets if your first wager loses. Depending on the specific sportsbook, the actual name for such a promo will vary. Usually, the bonus bet refund has an upper limit, and bets larger than that are only covered up to the point of the limit.
For example, if you used a no-sweat bet to place a $50 wager on Travis Kelce to score a touchdown in his next game and he was unsuccessful, the sportsbook would add $50 as a bonus bet or bets to your account to cover the amount you’d lost on the wager. Such bonus bets are then eligible to be used on future wagers but not to withdraw.
🏆 Bet and get
Bet and get bonuses are popping up more often at online sportsbooks as an incentive to not only get new bettors to sign up but to begin placing wagers. For example, bettors who claim a “bet $5, get $200” promo will receive $200 in bonus bets after signing up and making a wager of at least $5. Some sportsbooks will provide the bonus whether you win or lose that original bet; others may require you to win.
🤞 Second-chance bet
Many people prefer this type of bonus to “second-chance bets” or similar promotions as it doesn’t require your bet to lose to receive the benefit. If you signed up, made a $10 wager, and won the bet, you would still receive the $200. This bet can also be placed on a variety of sports, such as a college football betting promo or a soccer betting promo.
💧 No sweat bet
When you open your sportsbook app of choice, you'll often see the words "No Sweat Bet" or "No Sweat SGP." However, no matter what verbiage is used, the sportsbook will issue you a bonus bet if your first wager is a losing one.
It means you're getting another opportunity to produce a winning bet. So if you wager $50 on the Chiefs to beat the Eagles in the Super Bowl and KC ends up losing, you'll receive a $50 second-chance bet. Because of this offer, a bettor might be more willing to take on a little more risk with the first bet, knowing a second opportunity to create a winning bet could be coming their way.
1️⃣ First-bet promo
A first-bet promo is when the bonus is contingent upon the result of the first wager. For example, FanDuel might roll out a welcome offer of "Bet $5, Get $200, if your bet wins." In order to get the $200 bonus, you would need your $5 Philadelphia Eagles spread bet to be a winner to trigger the $200 bonus.
Other books like BetMGM will give "up to $1,500 in bonus bets if your first bet doesn't win. Read the full terms and conditions before accepting the offer.
⚡️ Odds boost
Online sportsbooks increase the odds for the player on certain wagering options through an odds boost. The better the odds for the player, the better the return for a winning wager. The top sports betting sites will update these daily, and can usually be found at the top of the main sportsbook betting page.
👥 Referral bonus
Send a personal referral code from an online sportsbook to a new customer and receive bonus credit to place a wager after they sign up and make a deposit. The other player will also receive a bonus for signing up.
Responsible gambling: Stay in control
No matter what the bonus is, it's important to remember that sports betting is considered entertainment.
While an offer like "up to $1,000 in bonus bets" might sound extremely appealing, from a responsible gambling standpoint, it might not be the best offer for all users. When deciding between different bonus offers, it's a good idea to go with the ones that are within your comfort level.
If you find that gambling is starting to impact your daily routine, there are a number of responsible gambling tools available to get the necessary help. The National Council on Problem Gambling is available by phone/text at 1-800-522-4700 or ncpgambling.org/chat. Help is available 24/7 and is always free and confidential.
Conclusion: Use sportsbook bonuses to your advantage
For beginners, sportsbook bonuses like risk-free bets and deposit matches offer a low-risk way to get started.
Use risk-free bets on high-probability outcomes, knowing you’ll get a refund in bonus credit if the bet loses. For deposit matches, maximize your bonus by depositing the full eligible amount and placing bets strategically.
Always read the terms, including wagering requirements and minimum odds, to ensure you meet the conditions for withdrawal. With smart use of bonuses, you can build your bankroll while minimizing risk, especially when you check out the sportsbooks listed on this page.
Sportsbook promos FAQs
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