All the Colts vs Ravens Monday Night Football Betting Promos

• The Indianapolis Colts visit the Baltimore Ravens on MNF in Week 5
• Online sportsbooks have plenty of promos and bonuses available for the primetime game
• Below, see the promotions and further details

Five weeks into the NFL season, online sportsbooks are still coming hard with promotions and bonuses.

This week’s Monday Night Football clash features the Baltimore Ravens (3-1, 1-0 home) hosting the Indianapolis Colts (1-3, 1-1 away) as seven-point favorites.

The table below lists the biggest and best promos on offer for the Monday nighter.

MNF Week 5 Betting Promos

Colts vs Ravens Betting Promos and Bonuses

The main promos on offer are sign-up bonuses. New customers at Barstool, Caesars, and FanDuel can all take advantage of risk-free bets with their first wager after depositing.

The Caesars promo is the biggest, on the surface, offering new customers a whopping $5,000 risk-free bet, meaning if a new customer’s first wager is graded as a loss, the sportsbook will credit the customer’s account with free bets equal to the amount of the qualifying wager (up to $5,000).

The Barstool promo stands out because, unlike the others, the sportsbook doles out cash if the qualifying wager is graded as a loss. The cash has to be played through at the sportsbook, but it’s still better than getting the money in free bets, because wagers made with free bets only return the profit, not the original stake.

FanDuel’s offer is a $1,000 risk-free bet for new customers. The bonus funds are paid as free bets, which is standard industry practice (Barstool’s offer notwithstanding).

DraftKings’ main sign-up offer right now gives new customers a chance to bet $1 on any NFL game and win $100 as long as a point is scored by either team. So it’s as good as a $100 bonus. (There hasn’t been a 0-0 tie in the NFL since 1943.)

Excludes MA.

SIGNUP OFFER

Sign Up & Receive Up to $1,050 in Bonuses

Bet Now

How to Sign-Up at a Sportsbook

The registration process at all legal sportsbooks is markedly similar.

New customers will first have to provide a certain amount of personal information. This tends to include: full legal name, residential address (from a state where the sportsbook is operational), valid email address, mobile phone number, and Social Security Number.

New customers don’t usually have to verify their identity in order to register. But note that the sportsbook will require verification before any withdrawals are made. This is a legal know-your-customer requirement sportsbooks must adhere to. Customers usually have to provide copies of their identification along with proof of address/residency in the relevant state.

There are so many promos available right now. pic.twitter.com/6y267m4Mvj

— DraftKings Sportsbook (@DKSportsbook) October 8, 2021

Once customers have created an account, all sportsbooks will require a real-money deposit before allowing customers to take advantage of any promos or bonuses. The minimum deposit is usually small (about $5). But in order to take full advantage of the massive risk-free bets, customers have to risk the full amount of the offer. In other words, Caesars doesn’t dole out $5,000 is free-bets unless the customer wagers $5,000 and loses.

It is paramount that each new customer assesses their own financial situation before making large bets, whether it’s a risk-free bet or otherwise. If a risk-free bet loses, the customer will be out the full amount of the wager for the time being. They will have a chance to make that money back with the bonus funds, but winning those subsequent free-plays is far from a certainty.

Play within your financial limits and assume that any money deposited at a sportsbook will not be available to meet other needs (like rent, mortgage, tuition, etcetera).