Best Sportsbook Promos: Promo Codes & Betting Promotions for 2025

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.

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.

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Best Sports Betting Promos for New Users

My favorite sports betting promos are “Bet & Get” offers that reward you with bonus bets or some other type of bet credits for making a small qualifying wager.

Some examples include our FanDuel Promo Code to Bet $5, Get $200 in Bonus Bets If Your Bet Wins or the bet365 Bonus Code Bet $5, Get $150 in Bonus Bets offer. New customers will often see these promos ramp up around the launch of a newly legalized online sports betting 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 deposit match bonus or $1,500 No Sweat First Bet offer, the lower barrier of entry on a “Bet/Get” offer feels less intimidating.

Once you’ve opened a new account, you’ll only have to make a first deposit between $5-$10 and bet that in order to claim your bonus bets, which are usually between $150-$300. These bonus bets can then be used to wager on the NFL, NBA, MLB, NHL, the College Football Playoff, March Madness, UFC, and other sporting events.

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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 bonus offers 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 (T&Cs).

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

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DraftKings

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

Claim the Bet $5, Get $300 offer, place a $5 wager on any market, and the DraftKings promo code will reward you with $300 in bonus bets to place more wagers with, if your first bet wins.

Terms and Conditions (T&Cs):

• 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.

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FanDuel

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

Sign up using the FanDuel promo code today through our links and claim the Bet $5, Get $200 in Bonus Bets If You Win signup bonus. Then, place a $5 wager and you’ll get $200 in bonus bets if your first bet wins.

Terms and Conditions (T&Cs):

• 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.

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BetMGM

The BetMGM sportsbook 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 $1,500 First Bet Offer. Then, place your first wager up to that $1,500 maximum, and BetMGM will refund you with bonus bets if it happens to lose. You will also immediately be enrolled in BetMGM Rewards, one of the best loyalty programs in online sports betting.

Terms and Conditions (T&Cs):

• 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.

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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 SBD365 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.

Terms and Conditions (T&Cs):

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

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

Terms and Conditions (T&Cs):

• 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 No Sweat bets, up to $100, each day for 10 days. Maximum value of this promo is $1,000 in bonus bets.
• If your bets loses, 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.

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Caesars Sportsbook

The Empire of Caesars Sportsbook continues to expand across the US, and anyone registering with them can use code SBD2DYW to qualify for their welcome promo.

Complete the registration process using our Caesars Sportsbook promo code to unlock a Bet $1, Double Your Winnings Your Next 10 Bets offer. That’s just the beginning with Caesars, which boasts one of the best online rewards programs in the industry: Caesars Rewards.

Terms and Conditions (T&Cs):

• 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.

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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 Bet $10, Get $100 or $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.

Terms and Conditions (T&Cs):

• Must use promo code DIME.
• Refunded bonus bets delivered in five allotments of $20 each for Bet/Get.
• Bonus bets and ESPN+ promotion code arrive in your ESPN BET sportsbook account within 72 hours.
• Must use bonus bets within seven days of receiving them.

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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.

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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.

Pros: The best part of a Bet and Get bonus is the low financial stake that typically comes with it. It’s likely going to be a $5 qualifying bet that triggers the bonus, and it’s rarely ever more than $10. There are no longer “no deposit” bonuses at sportsbooks, so this is the closest thing.

Cons: The reward on a Bet & Get promo is typically much lower than its bonus code counterparts.

Example: bet365 is currently offering a traditional Bet and Get, as you can Bet $5, Get $150 in bonuses, win or lose.

Deposit Match

Sportsbook deposit bonuses used to be one of the most common welcome promos you would find when signing up with a new sportsbook. These sign-up offers will match the value of your initial deposit — or a percentage of it — with site credit you can use to make more wagers.

Nowadays, however, it’s less common to find these as welcome bonuses at online sportsbooks, and more common at online casinos.

Deposit match bonuses can also be awarded to existing customers at times, these are often called Reload Bonuses. A reload bonus would not be nearly as lucrative as a welcome bonus, though.

Pros: These promos typically come with the largest bonus amounts, often reaching the $1,000 mark.

Cons: There is a much higher up-front financial burden for the user if you’re going to make one of these truly count.

Example: DraftKings has long offered a deposit match bonus as an option for new customers, matching your first deposit by 20% up to $1,000. But, to prove the point under “Cons”, it requires a $5,000 deposit in order to max out.

First Bet Bonus or No Sweat Bet

These bets used to come with more enticing names that were also not exactly in the spirit or gambling responsibly, so I won’t mention them here. But here’s the gist: A First Bet bonus — also known as a No Sweat Bet, First Bet Safety Net or Second Chance Bet at some sportsbooks — refunds you in bonus bets or credit if your first bet loses.

It’s not uncommon to see these bonuses come in at or over $1,000, and always with the “up to” moniker attached to them, meaning that you control how much the bonus is worth, depending on how much you’re willing to risk.

Pros: The ability to be refunded in bonus credit for a losing bet does allow you to swing for the fences a bit more and seek out longer odds. If you win, you’re hitting it big. If you lose, you’ll get another chance.

Cons: But, that other chance is in the form of non-withdrawable bonus bets. Also, like with a deposit match, it’s going to require more of your real money up front to get the most out of a First Bet bonus.

Example: BetMGM’s national offer is a First Bet Bonus up to $1,500, which is the largest sports betting bonus on the market.

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
• Same game parlays (SGPs)

Boosted odds are designed to entice bettors into wagering on games or propositions they otherwise might not interact with. They are typically awarded in the form of profit boost tokens, which can then be turned on within your bet slip.

Pros: Boosted odds can turn a decent payday into a big-time cash out.

Cons: Sports betting apps often limit how much you can bet on each boost, and you rarely, if ever, can use them in harmony with bonus bets.

Example: All sportsbooks offers odds boosts, but I want to shout out Caesars here, which does limit how much you can wager on its boosts, but typically sets that limit at $100. That’s a lot more than the typical $10 or $25 limits that most sportsbooks place on their boosts.

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.

Pros: Referral bonuses don’t require any further financial stake from you to claim.

Cons: You need to have friends. Kidding aside, you will need to find someone who doesn’t have an account with that sportsbook in order to claim one.

Example: If you’re fortunate to know one of the seven people left in your state to not have a FanDuel account, you and that friend can claim a $50 bonus if you refer them.

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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).

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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.