Best Sportsbook Promos & Top Bonuses for Today
Online sports betting is currently legal in 30 plus DC. Across all legal areas, there are 42 sports betting sites, each of which offers its own unique new and existing user promotions. Find the best sportsbook promos for US online sports betting sites below.
Top Boosts at Online Sportsbooks
Existing users at online sportsbooks can take advantage of frequent odds boosts when betting their favorite sports. Odds boosts allow players to get better odds for the bets they want to place. Instead of betting on the Chiefs to win the Super Bowl at +300 odds, for example, an odds boost may allow you to bet on them to win it at +350 odds. Below are some current odds boosts at popular online sports betting sites.
Sportsbook | Odds Boost |
---|---|
bet365 | 30% boost for bowl game bets |
DraftKings | 100% Profit Boost on any wager |
FanDuel | 25% boost for NBA SGP |
Hard Rock Bet | 10% on any $20 wager |
BetMGM | Daily NCAAB boost |
Caesars | 10 Profit Boosts For CFB |
Fanatics | ND & Indiana to each score 28+ |
BetRivers | 20% NCAAB boost every Thursday |
Comparing the top 5 sportsbook promos and bonuses
While each legal sportsbook offers some form of bonus, some outshine the others. Based on factors such as ease of accessibility, payout percentage, and total dollar value, here are some of the best sportsbook promos.
DraftKings Sportsbook – best promo for large depositers
DraftKings Promo Code | No Code Needed - Click Here for Top Bonus |
---|---|
Deposit Bonus | $20 Free Play On First Deposit + 20% Deposit Match up to $500 |
Deposit Requirements | Must deposit a minimum of $5 |
DraftKings Rewards | Earn Crowns when playing real money contests. Redeem crowns for contest entries or DK Swag. |
DraftKings Missions | Complete daily missions to earn crowns and bonus tickets. |
Verification Date | February 2025 |
The DraftKings promo is a $1,200 cumulative bonus that is broken into three separate installments. The first installment is a 20% deposit match up to $1,000. To claim the totality of this bonus, one needs to deposit $5,000. Any deposit over $5,000 will not be matched at a 20% rate. The second installment is a $50 bonus bet that is awarded simply for making a deposit. Once you have made a deposit, you can claim the third installment by placing a $5 bet. If this $5 bet wins, you will be awarded an additional $150 in bonus bets.
Only new users can claim the $1,250 offer, though DraftKings does offer frequent bonuses for existing users. New users must be of legal betting age to claim this promo. There is a 25x playthrough requirement for all bonus bets earned via the deposit match promo. The playthrough requirement must be met within 90 days of signing up. Winnings from wagers made with the $200 in bonus bets, meanwhile, can be immediately withdrawn after the first wager with those funds has been settled.
- Maximum Bonus: $1,200
- Promo code: No Code — Click to Claim
- Common recurring promos & boosts: NBA Same Game Parlay boost (20%)
BetMGM Sportsbook – best promo for large unit bettors
BetMGM Bonus Code Category | BetMGM Bonus Code Information |
---|---|
BetMGM Bonus Code | LINEUPS |
BetMGM Ohio Bonus Code | BETLINEUPS |
Offer Details | Up to $1,500 in Bonus Bets Paid Back If Your First Bet Does Not Win |
Available In | KY, MA, NJ, OH, MD, NY, MI, IL, CO, AZ, IN, WV, TN, KS, MS, WY, VA, PA, IA, NC and Washington D.C. |
Eligibility | Must be 21+ and located in a state with legal sports betting. |
Expiration Date | February 2025 |
The BetMGM bonus code “LINEUPS50” allows new users to claim up to $1,500 in bonus bets. The bonus is paid out via first bet insurance. First bet insurance allows bettors to get a full refund of their first wager if it loses. This refund is paid out in the form of bonus bets that can be wagered again. Winnings from wagers with bonus bets can be withdrawn for cash. Bonus bets expire 7 days after issuance. In addition to the first bet insurance, BetMGM is also offering an exclusive deal with Lineups that awards players $50 for signing up and making a minimum deposit.
- Maximum Bonus: $1,550 first bet offer
- Promo code: LINEUPS50
- Common recurring promos & boosts: NFL boosts (33%-50%)
Caesars Sportsbook – best promo for small depositers
Caesars Sportsbook Promo Code | |
---|---|
Promo Details | Bet $1, Double Your Winnings on Next 10 Wagers |
States | NY, IL, LA, AZ, MI, TN, VA, CO, IN, WV, NJ, OH, MA, KY, NC |
Promo Terms | Open to new accounts only. Must be over 21 years of age. |
Expiration Date | Current expiration date is 2/28/25. |
The Caesars promo is a series of 10 profit boost tokens. To claim the profit boost tokens, prospective bettors need to register an account with Caesars sportsbook and make a minimum deposit of $10, and place an initial $1 bet. Your account will then be credited with 10, 100% profit boost tokens. The max bet with each profit boost token is $25. All profit boost tokens expire 14 days after issuance.
Profit boosts are a way to earn more attractive odds on any bet. A 100% boost on a bet with -110 odds would improve the odds of that bet to +282.
- Maximum Bonus: 10, 100% Profit Boost Tokebs
- Promo code:LINEUPSDYW
- Common recurring promos & boosts: CFB Playoff Boosts
FanDuel Sportsbook – best promo for new bettors
The FanDuel promo is a bet $5 get $150 bonus. This offer is available to new FanDuel Sportsbook users only in all states where FanDuel Sportsbook is legal online.
There is no odds restriction on this offer. You do need to win your first bet to receive $150 in Bonus Bets within 72 hours of the bet placement. This offer is available only on the FanDuel Sportsbook app and requires a $10 deposit upon sign-up.
- Maximum Bonus: $150
- Promo code: No Code — Click to Claim
- Common recurring promos & boosts: NBA & NHL boosts (25%)
Fanatics Sportsbook – best promo for frequent bettors
Fanatics Promo Code Category | Fanatics Promo Code Info |
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Fanatics Sportsbook Promo Code | Click to claim promo |
Bonus | Up to $1,000 in no-sweat bets (Most States) Bet $10, Get $50 in Bonus Bets (IL, NY, NC) |
Available in | Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, Washington DC, West Virginia and Wyoming |
Terms & Conditions | • Daily no-sweat bet token for 10 straight days • Minimum $1 no-sweat bet • Maximum $100 no-sweat bet •Refund Comes as Bonus Bet •In NY, NC, and IL, Bet $10 within 7 days of signup for $50 in Bonus Bets • Minimum odds -500 • Bonus Bets must be used in 7 days |
Promo Code Valid In | February 2025 |
The Fanatics sportsbook promo is a $1,000 bonus that is paid out over the course of $10 days. After registering with a Fanatics account, new users can sign on everyday and have their first bet up to $100 will be fully refunded if it does not win. If your bet loses, Fanatics will pay out your no sweat bet tokens in the form of FanCash that can be converted to bonus bets. All bonus bets expire 7 days after issuance.
No formal promo code is needed to claim the Fanatics bonus. Simply click the link in the table above or in the list below. The $1,000 offer is only valid for new users, though existing users can take advantages of recurring odds boosts that are offered in the app.
- Maximum Bonus: $1,000
- Promo code: No Code — Click to Claim
- Common recurring promos & boosts: NHL game boosts (10-30%)
Different types of sportsbook promotions
Different operators package sportsbook promos in different ways. In some cases, the dollar amount of a sportsbook promo directly correlates with the size of one’s first bet or deposit. In other cases, the promo is a static amount that is awarded to someone who wins their first wager. Find complete explanations of the most popular types of sportsbook promo offers below.
Deposit Match Bonuses
Deposit matches are a type of promotion whereby sportsbooks will credit your account with additional bonus funds based on the size of your initial deposit. Deposit matches are doled out at different rates depending on the sportsbook. Some operators may give you a full 100% deposit match up to a certain dollar amount, while others may only match at a 20% rate. Bonus bets accrued from deposit matches usually come with a playthrough requirement. A playthrough requirement is a mechanism that ensures you wager your bonus funds a certain number of times before you are able to make a withdrawal.
Bet and Get Offers
Bet and get offers are a type of promotion that awards bonus bets to individuals who make an initial wager — usually of some predetermined amount. The size of the initial wager is usually somewhere between $5 an0 $20, whilebonus amounts can be anywhere from $100 to $300.
When it comes to bet and get offers, it’s important to note whether or not you need to win the first wager in order to claim the bonus funds. In some cases, bonus bets will only be awarded to bettors who win their initial wager.
Referral Bonuses
Referral bonuses are promotions that allow existing players to claim bonuses for getting someone else to create an accofunt. Referral bonuses are usually only available once and range from $50-$100 on most sportsbook platforms. Bonus bets accrued from referral bonuses can be wagered immediately and winnings can be withdrawn for cash. To claim a referral bonus, you can send someone you know a link via text or email. Your sportsbook of choice will acknowledge when someone has created an account through that link, and bonus bets will be credited to your account accordingly.
Other types
Other types of sportsbook bonuses include first bet insirance, odds boosts, and loyalty rewards. First bet insurance is a type of promotion where sportsbooks will refund the entirety of your first wager up to a specifed dollar amount if it does not win. The refunds will come in the form of bonus bets that can then be wagered again and eventually withdrawn for cash.
Odds boosts, meanwhile, are a promtion that allows players to place bets with odds that are better than the sportsbook’s implied probability of a given event. Over time, players who take advantage of odds boosts should be more profitable. Finally, loyaty rewards promotions are doled out over time and increase with one’s overall betting volume.
How do I download and claim these sportsbook promotions?
Claiming both new and existing user promos is a relatively similar process across different sportsbook apps. Though some details may be different depending on the platform or your operating system, the general steps required to claim a sportsbook bonus are as follows:
Sign Up For a Sportsbook
To claim a sportsbook bonus, the first thing one must do is create an online sportsbook account. Most online sportsbook platforms are available on iOS and Android devices. During the sign-up process, new users will need to provide information such as their full legal name, birthdate, social security number, and address.
Enter the Promo Code
To claim a new user bonus, some sportsbooks will require you to enter a promo code. Make sure to check this page for updated codes. If you are signing up via a link from this page, the promo code will often be automatically applied. Not all bonuses require a promo code.
Make An Initial Deposit
Once you’ve created an account, sportsbooks will require new users to make an initial minimum deposit. The minimum deposit at most sportsbooks is $10. If the sportsbook bonus is a deposit match, make sure to check the maximum match amount to get the most out of your promo.
Place a Wager
The final step, depdning on the bonus, is to place a wager. For bet and get bonuses, make sure the size of ypur intial bet matches the amount specified in the bonus terms and conditions.
Sportsbook bonus & promo playthrough requirement
Many sportsbook promos come with a playthrough requirement. A playthrough requirement is the amount of times a player must wager on eligible games in order to be able to withdraw bonus funds. The DraftKings deposit match promo, for example, come with a 25x playthrough requirement.This means that for every bonus bet, one must have $25 in wagering activity in order to be able to withdraw funds.
Not all bonuses have playthrough requirements. Make sure to check bonus terms and conditions to verify how much you need to playthrough any bonus bets.
Sportsbook Promos for 2024 Holiday Season
Heading into the 2024 holiday season, sportsbooks across legal states are offering bonuses on everything from the the NHL to college football. Find holiday season bonus offers below.
Sportsbook | Holiday Promo |
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FanDuel | 30% Profit Boost NBA Christmas Day |
DraftKings | All Parlay CFB Boost |
Caesars | 30% Parlay boost for NFL Christmas Day |
bet365 | bet $5 get $150 for all Christmas day games (NFL & NBA) |
Sportsbook Promos FAQ
- What sportsbook has the best new user bonus?
- Which online sportsbook is the best?
- Does FanDuel offer a new user promo?
- Can I claim multiple sportsbook promos?
- What is the legal betting age?
- Can I bet on sports when visiting a state?
- Can I bet on collegiate sports?
- Can I bet on sports from my phone?
- What is an offshore sportsbook & is it safe?
- Can I use Paypal to deposit and withdrawal money?
- Are winnings on sportsbooks taxable?
- Is Daily Fantasy Sports considered sports betting?
What sportsbook has the best new user bonus?
It depends on what you’re looking for. BetMGM offersthe largest new user bonus via $1,500 first bet insurance. DraftKings, meanwhile, offers a substantial $1,200 cumulative bonus ($1,200 = Bet $5, Get $150 in Bonus Bets + 20% Deposit Match Up to $1,000 (25x playthrough) + $50 Bonus Bet With $5 Deposit).
Which online sportsbook is the best?
It isn’t easy to pin down just one sportsbook as being the best, but DraftKings and FanDuel are the perennial leaders in betting handles, and that says something. Caesars’s new platform, in partnership with William Hill, is making a strong run at the best user interface.
Does FanDuel offer a new user promo?
Yes, FanDuel offers bonus bets for all new users.
Can I claim multiple sportsbook promos?
Yes. Sportsbook promos are not mutually exclusive and there is no limit on the amount of sportsbooks one can sign up with. So long as you are of legal betting age, you can sign up with all sportsbooks available in your state.
What is the legal betting age?
Currently, all but five states require individuals to be at least 21 years old to bet on sports. In Montana, New Hampshire, Rhode Island, Kentucky and Washington, the age limit for sports betting is 18 years old and over.
Can I bet on sports when visiting a state?
Yes, you do not need to be a resident of a state that has launched sports betting to place wagers. You must be within the state borders to place bets, even if you do not live there.
Can I bet on collegiate sports?
The short answer to this question is yes. Maine recently attempted to pass legislation that would not allow in-state collegiate betting, but it did not go through. Certain types of prop bets are not allowed, though.
Can I bet on sports from my phone?
Yes. Most sportsbooks have a free mobile app to download and create an account. As long as you are in a state where sports betting is legal, you can download sportsbooks and place bets. However, not every sportsbook is licensed in every state, though.
What is an offshore sportsbook & is it safe?
Offshore sportsbooks are sportsbooks that operate outside of US borders. They are not US-regulated sportsbooks; therefore, your funds are not protected, and protection standards often fall short.
Can I use PayPal to deposit and withdraw money?
PayPal is a banking method that a lot of sportsbooks use and should be available on most of them. However, some sportsbooks don’t use PayPal, and you will have to use other banking methods, such as credit and debit cards or ACH payments.
Are winnings on sportsbooks taxable?
Yes. Winnings on sportsbooks are fully taxable. However, you do have the ability to deduct losses. Your annual income determines your tax bracket, which you will pay on any winnings from your bets on any sportsbook.
Is Daily Fantasy Sports considered sports betting?
Daily Fantasy Sports are not considered sports betting as they were determined to be a “game of skill” and are legal in the United States of America and Canada. One important note is that you can deduct entry fees from your taxable winnings.
