An overview of sports betting promos
As more and more states legalize online betting sites, the US sportsbook market is becoming as competitive as the 2024 NFL season. As a result, the bookies are constantly looking for new ways to score more points than their competitors in a bid to attract new customers like you and me.
One of the main ways that they can grab our attention is with a solid welcome offer that acts as an incentive to choose them over the competition. Moreover, any sportsbook with its salt will put betting offers on the table for existing account holders to keep you coming back for more.
All sportsbooks make their welcome offer look good on the face of it. After all, why wouldn’t they? My job is to dig deeper, read the pesky small print, and use my expertise and analytics system to see what value the bonus offers have in practice.
At the end of the day, I want to help you guys find out if a bonus is the real deal or if it’s like the Phoenix Suns roster that always looks good on paper but doesn’t live up to the hype.
Sportsbook promo codes - The pros and cons
Before we get down and dirty with the gritty details of sports book bonuses and promotions, here’s my summary of the good, the bad, and the ugly things about them:
- A good incentive for new customers
- Can potentially add value to your experience
- Available for new and existing players
- Competitive market = good bonus quality
- Not legal in some states
Different types of sportsbook promos explained
Betting promotions and offers come in a variety of shapes and sizes, and my plan is to help you decide which one is right for you. To help with that, I've explained the most common types of sportsbook bonuses in the simplest possible terms.
Guys, let’s take a look:
| 🏆 Betting bonus type | 💬 Description | 🏈 Example |
| Bonus Bets: | Tokens worth a stated value that can be used as single stake bets. | Bet $5 get $150 in Bonus Bets |
| Bet Credits: | Like Bonus Bets, only they can be used in any combination and don’t have to be a single stake. | Bet $10 and get $250 in Bet Credits |
| Deposit match: | Your deposit is matched by a certain percentage in either Bonus Bets or bet Credits. | 100% up to $100 |
| No-Sweat Bet: | You get your entire bet stake back if it loses. | No-sweat first bet up to $1,500 |
| No deposit bonus: | While no deposit bonus betting sites are rare, some sites will give you a small offer that doesn’t require you to fund your account in advance. | $10 no deposit bonus when you sign up |
| Odds boost: | Your odds or payout are enhanced for selected markets or combo bets. | 30% odds boost for NFL combos |
Other extras and freebies from US betting sites
As you guys know, sports subscriptions cost a bomb right now, especially if you follow all of the major US pro sports leagues. Throw some overseas sports like the English Premier League into the mix, and you can wind up remortgaging your house just to watch your favorite teams.
On some betting sites, you have the potential to cut down on your subscription costs, as they offer NFL or NBA passes alongside the welcome offer. If you want my advice, check my page for sportsbook welcome bonus towards the end of your favorite league’s offseason.
During this time, you’ll find that the top brands, like DraftKings and FanDuel, offer subscriptions as part of their new customer offer. I also always keep an eye out to see what bookies have league sponsorship deals in my state, as this can be an early indicator of forthcoming offers.
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- Various promotions and boosts for existing customers.
- Live betting for all the supported sports, plus in-game stats and a 2D game
- Fantastic selection of team and player props
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What are sports betting promo codes?
Not to insult your intelligence, but promo codes are just collections of letters and numbers that you can use to activate or unlock a promotion. I wanna help you out, which is why you’ll always be able to find an up-to-date list of the best sports promo codes on the banners on this page.
We’re all after a bit of convenience these days, so I’ve made it even simpler for you. If you sign up via one of my on-page banners, the code will automatically be applied to the sign-up form for you. It’s as easy as scoring against the Cowboys or the Titans in recent years.
The 5 best sportsbook promotions in the USA - My definitive list
As I said in my opening gambit, my main aim is to use my years of sports betting experience to help y’all out. Using my own bonus analytics and expected value (EV) calculator system, here are the top five sports betting offers that you can claim in the US right now:
| 🏈 US sportsbook | 🏆 Sign-up bonus | ✅ Promo code |
| DraftKings | Bet $5, get $300 in Bonus Bets if your wager wins | See banners on this page if required |
| Bet365 | Bet $5, get $150 in Bonus Bets or N-sweat bet up to $1,000 | See banners on this page if required |
| FanDuel | Bet $5 get $500 in Bonus Bets | See banners on this page if required |
| Caesars | Bet $1 get 20 x 100% Profit Boosts | See banners on this page if required |
| Fanatics | No-sweat bets of up to $2,000 over 10 days | See banners on this page if required |
DraftKings Sportsbook - Bet $5 get $300
Bet365 - Bet $5 get $150 or No-sweat bet up to $1,000
Bet365 Sport In A Nutshell
As a new customer at bet365 is the US, you get a choice between two welcome offers. You can either bet $150 in Bonus Bets if you register and bet $5 (win or lose), or you can grab a no-sweat first bet of up to $1,000.
From experience and a value perspective, I prefer the “Bet $5, get $159 in Bonus Bets” option. However, if you're a relatively seasoned bettor who regularly places medium-to-large single-stake bets, the no-sweat bet option can be great for risk management. I ain’t gonna lie though; go for the first option if you’re a new or casual sportsbook user.
| Bet $5 get $150 | No-sweat bet up to $1,000 | |
| 🏧 Minimum deposit: | $10 | $10 |
| 💲 Minimum qualifying wager: | $5 | $10 |
| 🏈 Minimum odds: | N/A | N/A |
| ✅ Qualifying bet requirements: | Win or lose | Only if your wager loses |
| 🏆 Promotion: | $150 in Bonus Bets | Up to $1,000 in Bonus Bets |
| ⏳ Time limit: | 7 days | 7 days |
| 🔞 Age limit: | 21+ | 21+ |
| 🇺🇸 Available states: | AZ, CO, IL, IN, IA, KS, KY, LA (permitted parishes only), MD, NJ, NC, OH, TN, and VA | AZ, CO, IL, IN, IA, KY, LA (permitted parishes only), NJ, NC, OH, TN, and VA |
How To Sign Up
- Click on "Join".
- Provide your personal details
- Confirm your email address by clicking on the link sent by Bet365.
- Choose a payment method and deposit the desired amount.
- Browse available sports and events, and place your bets.
BONUS
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FanDuel Sportsbook - Bet $5 get $200 in Bonus Bets
FanDuel Sportsbook In A Nutshell
The FanDuel and DraftKings rivalry is up there with the Eagles and the Cowboys, or the Red Sox in the Yankees. It was, therefore, hardly much of a surprise that their welcome offers are strikingly similar. At first viewing, however, FanDuel’s current sign-up bonus falls slightly short.
When you register and wager $5 on any sports betting market here, you can get $200 in Bonus Bets, which is $100 less than you get at DraftKings. But here’s the kicker, folks: At FanDuel, you get your $200 in bonus bets whether your $5 wager wins or loses. At DraftKings, it has to win.
| 🏧 Minimum deposit: | $5 |
| 💲 Minimum qualifying wager: | $5 |
| 🏈 Minimum odds: | N/A |
| ✅ Qualifying bet requirements: | Win or lose |
| 🏆 Promotion: | 8 x $25 Bonus Bets |
| ⏳ Time limit: | 7 days |
| 🔞 Age limit: | 21+ (18+ in DC) |
| 🇺🇸 Available states: | AZ, CO, CT, D.C., IA, IL, IN, KS, KY, LA (excluding some parishes), MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, and WY |
How To Sign Up
- Click the green ‘Join’ button at the top right of the homepage.
- Select your state/location and enter your email address, create a username, and set a password.
- Provide personal details, including full name, date of birth, and home address.
- Enter your phone number and the last four digits of your Social Security Number (SSN) for identity verification.
- Agree to the terms and conditions, confirm you are of legal age, and complete any additional verification steps.
- Click the ‘Create Account’ button to finalize your registration.
BONUS
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Caesars Sportsbook - Bet $1 and double your winnings on the next 20 bets
Caesars Sport In A Nutshell
I’m gonna leave with you here, guys, and say what we’re all thinking. Most sports betting promotions are a bit samey. While the T&Cs and exact numbers differ, which can affect the bonuses' value from my expert analytics perspective, the market is stacked with Bonus Bets and no-sweat bets.
So how about something a break from the norm? At Caesars Sportsbook, you can get 20 x 100% Profit Boost tokens when you register and wager just $1 on any sports betting market. Effectively, this gives you the chance to double your profits on your next 20 bets up to a maximum of $2,500 per wager.
| 💲 Minimum qualifying wager: | $1.00 |
| 🏆 Promotion: | 20 x 100% Profit Boosts |
| 📈 Maximum Bet per profit boost: | $25 |
| 💰 Maximum profit boost winnings: | $2,500 |
| 🏈 Minimum odds: | -1,000 |
| ⏳ Time limit: | 14 days |
| 🔞 Age limit: | 21+ |
| 🇺🇸 Available states: | AZ, CO, DC, IL, IN, IA, KS, KY, LA (excluding some parishes), ME, MD, MA, MI, NJ, NY, NC, OH, PA, TN, VA, WV, and WY |
How To Sign Up
- Click 'Register'.
- Enter your personal details, including your social security number, email address, and telephone number.
- Tick the age verification and T&Cs boxes.
- Activate your account via the verification email sent after you completed registration.
Fanatics Sportsbook Up to $2,000 No-sweat bets in FanCash
Fanatics In A Nutshell
Fanatics Sportsbook has taken the no-sweat bet concept and given it its own spin. Over your first 10 days using this sportsbook, you can get up to $2,000 in FanCash in the form of no-sweat bets. Every day, you can get up to a maximum of $200 in FanCash on your first losing bet of the day.
If you are a daily bettor, I’d definitely recommend this offer for you. For the weekend warriors out there, I’d consider one of the other bonuses above. To answer the question you’re probably asking, FanCash is an on-site bonus currency that you can exchange for Bonus bets, clothing merch, and experiences at Fanatics.
| 💲 Minimum qualifying wager per day: | $1.00 |
| Maximum qualifying wager per day: | $200 |
| 🏆 Promotion: | Up to $200 in FanCash no-sweat bets for 10 days |
| ✅ Qualifying bet requirements: | Only if your wager loses |
| 🏈 Minimum odds: | -500 |
| ⏳ Time limit: | FanCash expires after 7 days |
| 🔞 Age limit: | 21+ |
| 🇺🇸 Available states: | AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MD, MI, NC, NJ, OH, PA, TN, VA, VT, WV, and WY |
How To Sign Up
- Download the Fanatics mobile app. This is available on the Apple App and Google Play Store.
- Click “Log In” in the upper right corner.
- Enter your email address to start the account registration process.
- From here, provide the other necessary details like your name, date of birth, address, social security number, and more.
- Agree to the terms and conditions.
- Enable biometrics, which allows you to log in with a face scan.
BONUS
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Common T&Cs to look out for with sports bet promos
As the old saying goes, there’s no such thing as a free lunch. Moreover, sportsbooks are capitalist businesses and not charities at the end of the day, so they can’t afford to throw free money to their customer base with no strings attached.
The point is that all sports betting offers have some Terms and Conditions that you need to be aware of before you stump up the deposit cash to claim the offer. As I told you guys earlier, the small print is usually what makes or breaks a bonus.
Again, I wanna help y’all out here, so here’s the lowdown on the most common sportsbook bonus T&Cs:
- Minimum deposit limits: The minimum amount that you need to fund your account with to activate the bonus.
- Minimum/maximum wagering limits: The values that your qualifying bet must work within for you to qualify for the bonus.
- Minimum odds: For both qualifying bets and the bonuses themselves, you will sometimes find a minimum odds limit (e.g. -500).
- Playthrough requirements: Sometimes you will need to wager your bonus value a certain number of times (usually just 1x) in real cash before you can withdraw your winnings.
- Bonus Bet value not included in returns: It’s almost always the case that the value of your bonus bet isn’t included in your returns if you win. For example, if you used a $100 Bonus Bet on +200 odds and won, your payout would be $200, rather than the $300 you’d get with a cash bet.
- Time limit: The time within which you must use your Bonus bets or bet Credits. If there is a playthrough requirement, you’ll usually have to meet that within this time frame.
Conclusion: Try one of the sportsbooks with a sign-up bonus code today
Well, folks, there you have it. That covers just about everything you need to know about sportsbook promotions, how they work, and the small print that you need to look out for. Feel like taking me at my word? You can click the relevant banner on this page to activate your favored sportsbook promo code to claim your welcome offer today.
Discover the sportsbook bonuses we recommend
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- Various promotions and boosts for existing customers.
- Live betting for all the supported sports, plus in-game stats and a 2D game
- Fantastic selection of team and player props
+11
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Claim Bonus
+9
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+5
Best sportsbook promotions FAQ
What are the top sports betting offers in the US?
Depending on your location in the US, you have some great sports betting offers to choose from. I’ve narrowed the best down to being from these five sportsbooks: DraftKings, FanDuel, Fanatics, Caesars, and Bet365.
Where can I find the best sportsbook bonus code?
You can find the best and most up-to-date sportsbook promo codes where you are at WagerTalk.com, a site by sports betting fans, for sports betting fans. Wagering on a budget? You can also discover the top low deposit betting sites here.
How do I get a sportsbook welcome offer?
The exact conditions vary between welcome bonuses, but usually, you will have to deposit and wager a certain amount of real cash. For example, at FanDuel, you can get $200 in Bonus Bets when you deposit and bet $5.