Best Sportsbook Promo Codes & Betting Promotions for 2024

Sports betting promos can go a long way if you want to boost your bankroll with an online sportsbook. Get the best sportsbook promos for US sports bettors right here, along with full details on how to claim them and elevate your wagering experience with extra value.

Sportsbook	Welcome Bonus	Promo Code
DraftKings	Bet $5, Get $150 Instantly	No Promo Code – Claim Here
FanDuel	Bet $5, Get $200 in Bonus Bets If Your Bet Wins	No Promo Code – Claim Here
BetMGM	Up To $1,500 in Bonus Bets Paid Back	SBD1500 – Claim Here
ESPN BET	$1,000 First Bet Reset	DIME – Claim Here
Fanatics Sportsbook	$100 Bet Match For 10 Straight Days / Get Up to $1,500 in Bonus Bets Over Your First 11 Days (OH Only)	No Promo Code – Claim Here
Caesars Sportsbook	$1,000 First Bet on Caesars	SBD1000 – Claim Here
bet365	Bet $5, Get $150 in Bonus Bets OR $1,000 First Bet Safety Net	SBDXLM – Claim Here

While most of the best sports betting bonuses are sign-up offers for new users, there are also all-user promos that will keep you locked in with all the action.

My Favorite New User Sports Betting Promo

Personally, my favorite sports betting promos are “bet/get” offers that reward you with bonus bets.

Some examples include FanDuel’s Bet $5, Get $200 in Bonus Bets If Your Bet Wins or bet365’s Bet $5, Get $150 in Bonus Bets offer. New customers will often see these promos ramp up around the launch of a newly legalized market, as these bonuses are highly popular.

“Bet/get” offers are, in my opinion, the most accessible type of welcome bonus for new users. While other offers might contain bigger dollar figures like a $1,000 or $1,500 first bet offer, the lower barrier of entry on a “bet/get” offer feels less intimidating.

Best Sportsbook Promotions

Most sportsbooks offer enticing promos to attract new customers, giving you the chance to experience a sports betting app with an added incentive. They’ll also offer all-user bonuses to keep the action rolling.

We’ll detail the welcome promo, types of users the bonus is tailored to, additional all-user promotions, legal states where you can opt-in, plus a summary of important terms and conditions.

Here are the best sports betting promotions available at some of the top US sportsbooks.

DraftKings

The ‘Crown Is Yours’ with DraftKings Sportsbook, and they offer a top-notch welcome offer for new users.

Claim the Bet $5, Get $150 offer, place a $5 wager on any market, and DraftKings will reward you with $150 in bonus bets to place more wagers with.

DraftKings Welcome Offer	Type of User	All-User Bonuses	Legal States
Bet $5, Get $150 Instantly	New Bettor	Odds Boosts, Early Win, Stepped Up SGP	AZ, CO, CT, IL, IN, IA, KS, KY, LA, MA, MD, ME, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VA, VT, WV, WY

Terms and Conditions:

1x playthrough requirement (bonus bets can’t be withdrawn immediately).
Minimum deposit requirement of $5, must make qualifying wager of $5.
Bonus Bets paid out within 24-72 hours of bet settlement.
Winnings from bonus bets will not include initial stake on payout.

FanDuel

FanDuel Sportsbook encourages you to ‘Make Every Moment More’, and that’s even easier with their registration promo for new customers.

Sign up with FanDuel today through our links and claim the Bet $5, Get $200 in Bonus Bets If Your Bet Wins offer. Then, place a $5 wager and you’ll get $200 in bonus bets if your qualifying bet is graded a winner.

FanDuel Welcome Offer	Type of User	All-User Bonuses	Legal States
Bet $5, Get $200 in Bonus Bets If Your Bet Wins	New Bettor	No Sweat SGP, Dinger Tuesdays, Parlay Insurance, Gronk Kick of Destiny	AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, MA, MD, MI, MS, NJ, NY, NC, OH, PA, TN, VT, VA, WV, WY

Terms and Conditions:

Must win your qualifying wager to receive the $200 in bonus bets.
Bonus bets expire within seven days.
Bonus bets arrive in your sportsbook account within 72 hours.
Any winnings from bonus funds will not include original stake.

BetMGM

The ‘King of Sportsbooks’ is known for having some of the best promos in the game for both new customers and existing users.

Use BetMGM promo code SBD1500 when registering to claim their Up To $1,500 in Bonus Bets Paid Back bonus. Then, place your first wager up to that $1,500 maximum, and BetMGM will refund you with bonus bets if it happens to lose.

BetMGM Welcome Offer	Type of User	All-User Bonuses	Legal States
Up To $1,500 in Bonus Bets Paid Back	Casual Bettor ($10-$100 First Bet), Sharp Bettor ($100-$1,500 First Bet)	Odds Boost Tokens, Parlay Boost Tokens, Sport Specific Bonuses	AZ, CO, DC, IL, IN, IA, KS, KY, LA, MA, MD, MI, MS, NV, NJ, NY, NC, OH, PA, TN, VA, WV, WY

Terms and Conditions:

Refund is delivered in bonus bets, up to a maximum of $1,500 in bonus funds, if your first wager loses.
Bonus bets delivered in 5 allotments, unless first wager is $20 or less, in which case it’s just one full bonus bet.
Minimum deposit requirement of $10.
1x rollover requirement.

ESPN BET

Powered by a partnership between PENN Entertainment and ESPN, the ESPN BET sportsbook is garnering significant attention, along with a 4.8-star rating on the App Store.

New customers can register with ESPN BET promo code DIME and claim the $1,000 First Bet Reset promo. If your first wager with ESPN BET loses, they’ll refund it with bonus bets up to that $1,000 maximum.

ESPN BET Welcome Offer	Type of User	All-User Bonuses	Legal States
$1,000 First Bet Reset	Casual Bettor ($10-$100 First Bet), Sharp Bettor ($100-$1,000 First Bet)	Odds Boosts, Parlay Insurance, Buzzer Beater Protection, 50-Point Special	AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, NJ, NC, OH, PA, TN, VA, WV

Terms and Conditions:

Must use promo code DIME.
Refunded bonus bets delivered in five allotments at 20% of the initial wager.
Bonus bets arrive in your ESPN BET sportsbook account within 72 hours.
Must use bonus bets within seven days of receiving them.

Fanatics Sportsbook

Known for their apparel in multiple leagues, Fanatics is also making a mark in sports betting with their own sportsbook. The Fanatics Sportsbook promotion for new users is worth claiming if you’re in an eligible state.

No promo code is needed here, so just complete the signup process with Fanatics Sportsbook and get the following bonus: Bet $200, Get $200 Every Day for 5 Days. Fanatics Sportsbook will match your wagers with bonus bets up to $100 each day for 10 days.

Fanatics Sportsbook Welcome Offer	Type of User	All-User Bonuses	Legal States
$100 Bet Match For 10 Straight Days / Get Up to $1,500 in Bonus Bets Over Your First 11 Days (OH Only)	Casual Bettor ($10-$20 Daily Bet), Sharp Bettor ($20-$100 Daily Bet)	Odds Boosts, FanCash Bonuses	AZ, CO, CT, IA, IL, IN, KS, KY, MD, MA, MI, NY, NC, OH, PA, TN, VT, VA, WV, WY.

Terms and Conditions:

Must opt-in to promotion daily (excluding first day) by navigating to the “Discover” or “Promos” page on the mobile app.
Fanatics Sportsbook matches your wagers with bonus bets, up to $100, each day for 10 days. Maximum value of this promo is $1,000 in bonus bets.
Bonus bets arrive in your account within 72 hours, and expire after seven days.
1x playthrough requirement, any winnings do not include bonus bet stake.

Caesars Sportsbook

The Empire of Caesars Sportsbook continues to expand across the US, and anyone registering with them can use code SBD1000 to qualify for their welcome promo.

Complete the registration process using our promo code to unlock the $1,000 First Bet on Caesars offer. They’ll refund you with bonus bets, up to that $1,000 maximum, if your initial wager is unsuccessful.

Caesars Sportsbook Welcome Offer	Type of User	All-User Bonuses	Legal States
$1,000 First Bet on Caesars	Casual Bettor ($10-$100 First Bet), Sharp Bettor ($100-$1,000 First Bet)	Quick Picks, Odds Boosts, Profit Boosts, Spread the Word Refer a Friend	AZ, CO, DC, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NJ, NY, NC, OH, PA, TN, VA, WV, WY

Terms and Conditions:

Refunded bonus bets arrive as one single-use token.
Bonus bet token expires within 14 days.
$10 minimum deposit requirement.
Must place qualifying wager within 30 days following registration.

bet365

Branding themselves as the ‘World’s Favorite Sportsbook’, bet365 has a range of promotions that all sports bettors can appreciate.

Using Bet365 bonus code SBDXLM will get new players a Bet $5, Get $150 in Bonus Bets offer. This is one of my favorite promos on this list, thanks to the guaranteed bonus bets with a low barrier of entry.

You can also choose a $1K First Bet Safety Net welcome offer instead, but I recommend going with the Bet $5, Get $150 promo.

bet365 Welcome Offer	Type of User	All-User Bonuses	Legal States
Bet $5, Get $150 in Bonus Bets OR $1,000 First Bet Safety Net	New Bettor (Bet $5, Get $150), Sharp Bettor ($1K Safety Net)	Early Payout, Bet Boosts, Free4All	AZ, CO, IN, IA, KY, LA, NJ, NC, OH, PA, VA

Terms and Conditions:

1x rollover requirement.
Bonus bets expire within seven days.
$10 minimum deposit requirement.
$5 qualifying wager requirement.

How We Review Sportsbook Promotions

Here are some of the key criteria we look at when reviewing sports betting promos:

Bonus Type: Not all sports betting promos are created equal, and the type of bonus offered is where we look first. Offers like bet and get bring more value to most customers compared to other options like a reload bonus.
App: A good mobile app is key to any sports betting experience, especially when you’re claiming or applying a bonus. We only recommend sportsbooks with good mobile apps.
Eligibility: The eligibility range for sports betting promos is another important consideration. The more customers who can use a sportsbook bonus, the better.
Wagering Requirements: We look for bonuses with fair wagering requirements. Repetitive rollover requirements, unfair cashback rules, or high barriers to entry that ask you to wager hundreds, or even thousands of dollars, are never appreciated.
Validity Period: If a promo runs through a longer window, or bonus bets can be used after seven days or longer, then that sports betting bonus will be noticeably more valuable for all users.
Max Winnings / Restrictions: Restrictions on max winnings are common throughout sports betting promos, but limiting users to $25 or $50 in winnings will negatively impact the popularity of any given promotion.

Download some of the sports betting apps listed on this page and claim the latest promotions to find out which sportsbook bonuses you like the most.

Types of Sports Betting Bonuses

Let’s go through a few more descriptions on some of the types of betting bonuses you’ll find on legit sportsbook apps.

Bet and Get

You should have a good idea what this promo is about based on the title. Some sportsbooks will offer a Bet/Get offer where you’ll be awarded with bonus bets after making a qualifying wager.

The qualifying wager for this promotion typically ranges between $5-$10, with bonus bet rewards coming in anywhere between $25-$300. The bonus bets will usually be divided into denominations of $10, $25 or $50, and these will typically expire within seven days.

Deposit Match

Sportsbook deposit bonuses are one of the most common welcome promos you’ll find when signing up with a new sportsbook. These sign-up offers will match the value of your initial deposit with site credit you can use to make more wagers.

Boosted Odds

If you’re the type of shopper who just can’t resist a good deal, then boosted odds are right up your alley.

Boosted odds will increase the line on a certain wager. For example, a moneyline bet might be boosted from +200 odds to +250. This increases the payout of a successful wager.

Sportsbooks temporarily offer increased betting lines on certain outcomes. They can be referred to as an odds boost, boosted odds, or a bet boost.

Boosted odds increase your potential payout, and they’re offered on a variety of different bets, including:

Totals and over/under
Point spread
Moneyline
Specific prop bets on a team or player

Boosted odds are designed to entice bettors into wagering on games or propositions they otherwise might not interact with.

Reload Bonus

No sports bettor bats 100%, and you’ll have to reload your bankroll from time to time. Reload bonuses can help you do just that while also saving you some of your own money.

The numbers on reload bonuses are never as big or sexy as the numbers on initial deposits. You’re not going to see 75%-100% with reload bonuses.

On the flip side, you’re not going to be working to clear a hefty rollover, and if you’ve made it through your initial deposit, you’ve probably got a better handle on your betting habits. Reload bonuses are a great incentive to stick with an online sportsbook.

Referral Bonus

This bonus is relatively simple. For every friend that you refer to a sportsbook, the sportsbook will credit you with a deposit once your friend makes their initial deposit.

Obviously, the size of the deposit the sports betting site offers varies widely, but as a general rule of thumb, the percentage is between 25% and 50%. Usually, the maximum amount they’ll credit you with isn’t gigantic, and it won’t be as much as a conventional initial deposit bonus.

Regardless, this is a useful type of promotion if you think you’ve got some friends, family, or some people in the office you can convert or introduce to an online sportsbook.

Responsible Gambling with Betting Promos

Sports betting promos are a powerful tool for any type of bettor, but it’s still important to gamble responsibly even when you have a bonus in hand.

While some sportsbook promos of the past were referred to as ‘risk-free bets’, the industry has moved away from that misleading language. Some of these bets are now instead labelled as bonus bets, allowing you to place a wager without spending your own cash.

Every wager comes with some form of risk, especially promos like a ‘No Sweat Bet’ that will only refund you with bonus bets if your first wager loses – forcing you to make successful wagers to recoup some of your losses.

Never wager more than you can afford to lose, and don’t go chasing losses. There are numerous gambling problem resources out there if you need assistance, including the National Problem Gambling Helpline (1-800-GAMBLER).

Sportsbook Promotions FAQ

Still have questions about sports betting promotions? Check out these helpful FAQs.

What is a sportsbook promo code?

A sportsbook promo code is a type of special promotion that sportsbooks use to entice new users to their platform. It can come in many forms including a deposit match, first bet offer, bonus bets, and more.

How do I apply a promo code at an online sportsbook?

The easiest way to apply a promo code at a top online sportsbook like DraftKings, BetMGM, FanDuel and more is to simply follow the links on this page.

Is there a rollover requirement with my sportsbook bonus?

Generally speaking, most sportsbook do have a rollover requirement. That said, it depends what that amount is based on the sportsbook.

How do I withdraw a bonus bet?

Bonuses are eligible for withdrawal after you meet all the conditions they are subject to, most often rollover and odds limitations (known as playthrough requirements). Usually, bonus withdrawals are subject to the same conditions and terms as regular withdrawals, with different stipulations depending on which method you select to receive your funds.

What is the most common new user betting promo code?

The most common new users betting promo code usually comes in the form of a deposit match, first bet offer, or bonus bets.

Are there promos for existing players at online sportsbooks?

Yes. There are plenty of new and exciting promos for existing players to take advantage of once they have already signed up for a sportsbook of their choice.

How can I claim a sports betting bonus?

Usually, your bonus (deposit, bonus bet, or other) will automatically be credited to your account, subject to its requirements. However, some sportsbooks require that you enter a specific bonus code when you first create your account or during the deposit process. This is common for sign-up bonuses, but it also applies to a wide range of all-user bonuses.

What is the best type of sports betting promo?

In my opinion, a bet/get bonus is the best kind of sports betting promo. These offers have a low cost of entry, and you’ll get guaranteed bonus funds to place more wagers without having to spend your own cash.

Are there odds restrictions on sportsbook promotions?

Yes, bonuses are typically subject to odds restrictions that will vary from sportsbook to sportsbook. Usually, you can only place bets with odds equal or higher to 1/2 (-200, 1.5, depending on how your sports betting site lists odds.) These odds restrictions can also apply in the case of betting on multiple events, such as teaser and parlays.

Do sports betting promotions expire after a time limit?

Yes, some sportsbook bonuses are subject to time restrictions. This means that you must settle your bets and transfer funds into your sportsbook wallet before the bonus expiration date, or you will lose your bonus funds. A typical example of this is that you have to fulfill and complete all necessary requirements and conditions placed your bonus and then withdraw it within a 30-day period.