Best Olympic Sportsbook Promo Codes And Bonuses For New Players

The 2024 Summer Olympic Games are incoming, and sportsbooks are hosting massive promos for the festivities. Bettors can join the top four Summer Olympics sportsbooks and claim huge bonuses from sports betting promos. Click PLAY NOW on the banner next to the desired sportsbook and cash in big betting on the 2024 Summer Olympics.

The Four Best Olympics Betting Promos

Betting on the Olympics brings out a slew of options for sports bettors to win big. With the NFL season months away and the NBA and NHL seasons ending, the MLB is the only major league that is ongoing. But, with the Olympics, there is now a summer filled with betting options for locals.

Fans can wager on many events, from basketball to badminton. Online sportsbooks are hosting great promos for new users who join today.

Bet365 Olympics Betting Promos For New Users

New users at bet365 can claim one of two welcome offers using promo code THELINESVA when registering. The offers are the First Bet Safety Net up to $1,000 in bonus bets or the Bet $5 Get $150 in bonus bets promo.

The first offer places insurance on the first wager for a bettor. A bettor can place action on any Olympics event, and if they lose, see their full initial stake returned as equivalent bonus bets. Bettors would have to wager and lose $1,000 cash in order to claim the full $1,000 in bonus bets.

The second offer will grant $150 in bonus bets automatically following a bettors first wager of at least $5. The outcome of this wager does not matter for this promo. A bettor can wager on any event in the Olympics and bet365 will grant $150 in bonuses to be used on other events.

BetMGM Olympics Promo Code $1,500 In Bonus Bets For New Users

With promo code THELINES, BetMGM is offering new users up to $1,500 back in bonus bets if their first wager is a loss. This promo works similarly to the bet365 offer. BetMGM will place insurance on a bettor’s first wager and return the initial stake as equivalent bonus bets if the wager is a loss. Bonus bets at BetMGM expire after seven days. Expired bonuses see their value removed from players’ gaming wallets.

Caesars Sportsbook Welcome Promo For Olympics Betting

Caesars Sportsbook is granting new users up to $1,000 back in bonus bets if their first wager is a loss. Using promo code THELINESDYW, bettors can wager knowing that the first wager will be returned if they lose in bonus bets. This keeps bettors in on the action throughout the Summer Olympics.

Winning wagers using bonus bets do not pay the same as with cash wagers. This is because the value of the initial bonus stake is not included in the final pay, only the profit.

Multiple Promos At DraftKings For The Olympics

DraftKings is hosting several sportsbook promos for Olympics betting. To begin, new users can claim up to $1,200 back in bonus bets if their first wager is a loss. This is an insurance promo for first-time bettors. Secondly, DraftKings is offering a $50 bonus bet automatically on the first deposit, a 20% deposit match up to $1,000, and a Bet $5, Get $150 in bonus bets promo. Each of the listed offers are eligible together. No promo code is required for DraftKings.

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Is Betting On The Olympics Legal?

Yes, it is indeed legal to bet on the Olympics in the U.S. Sportsbooks offer Olympic betting odds for select events throughout. Right now, there are legal betting options on the 2024 Summer Olympics at the best sports betting sites.

What Olympic Sports Can I Bet On?

Sportsbooks will be hosting odds on a number of Olympic sporting events. The biggest events include:

• Badminton
• Baseball
• Basketball
• Beach Volleyball
• Canoeing
• Cycling
• Equestrian
• Field hockey
• Golf
• Gymnastics
• Soccer
• Swimming
• Track and Field

Bettors can also wager on which country will have the most gold medals and how many medals a given country will claim. Olympics sportsbooks host a wide selection of betting lines for fans.