Best Sportbook Promotions and Bonuses

authorImg
Andrew Wilsher, Managing Editor
Fact checked by: Luke Lindholm

With so many sportsbooks currently operating in the sports betting market, it can be hard to know which are the best sportsbook promotions available. At Pickswise, we have made it our goal to rate and review each sportsbook bonus and come up with a list of the top ones available for new users. In this article, we will provide instructions on how to claim the best sportsbook promos from a number of sportsbooks including the top sportsbook apps.

Top Sportsbook Promo Codes for 2024

After conducting an extensive analysis of the finest sportsbook promo code, we have assembled a list of the top six options. Our assessment considered factors such as the attractiveness of the welcome bonuses, the ease of claiming the sportsbook bonuses, and the overall satisfaction of customers while using the sportsbook.

RankSportsbookPromo Promo Code
#1Fanatics Sportsbook
Bet and Get up to $1,000 in Bonus Bets!No promo code required
#2Bet365 Sportsbook
Bet $5 and Get $150 in Bonus Bets OR $1,000 Back If Your First Bet LosesPWEVG365
#3FanDuel Sportsbook
FanDuel Logo
Bet $5, Get $150 in Bonus Bets If Your Bet Wins + 3 Free Months of NBA League Pass No promo code required
#4DraftKings Sportsbook
Draftkings logo
Bet $5, Get $150 in Bonus Bets InstantlyNo promo code required
#5Caesars Sportsbook
Caesars Logo
$1,000 First Bet on CaesarsEVGPC1000
#6BetMGM Sportsbook
BetMGM Logo
$1,500 in First-Bet ProtectionPWEVGPC

With so many sportsbooks currently operating in the sports betting market, it can be hard to know which are the best sportsbook promotions available. At Pickswise, we have made it our goal to rate and review each sportsbook bonus and come up with a list of the top ones available for new users. In this article, we will provide instructions on how to claim the best sportsbook promos from a number of sportsbooks including the top sportsbook apps.

Top Sportsbook Promo Codes for 2024

After conducting an extensive analysis of the finest sportsbook promo code, we have assembled a list of the top six options. Our assessment considered factors such as the attractiveness of the welcome bonuses, the ease of claiming the sportsbook bonuses, and the overall satisfaction of customers while using the sportsbook.

RankSportsbookPromo Promo Code
#1Fanatics Sportsbook
Bet and Get up to $1,000 in Bonus Bets!No promo code required
#2Bet365 Sportsbook
Bet $5 and Get $150 in Bonus Bets OR $1,000 Back If Your First Bet LosesPWEVG365
#3FanDuel Sportsbook
FanDuel Logo
Bet $5, Get $150 in Bonus Bets If Your Bet Wins + 3 Free Months of NBA League Pass No promo code required
#4DraftKings Sportsbook
Draftkings logo
Bet $5, Get $150 in Bonus Bets InstantlyNo promo code required
#5Caesars Sportsbook
Caesars Logo
$1,000 First Bet on CaesarsEVGPC1000
#6BetMGM Sportsbook
BetMGM Logo
$1,500 in First-Bet ProtectionPWEVGPC

Total bonuses available:

All casinos are:
LicensedLicensed
Secure & TrustedSecure & Trusted
Fast WithdrawalsFast Withdrawals
#1 BEST VALUE
(5/5)
bet365 review
Offer Of The Month

Bet $5 and Get $150 in Bonus Bets

+ 50 Casino Spins

Bonus Value5

Benefits

  • The world's favorite online sports betting company
  • Offers same-game parlays
  • Most comprehensive in-play service
  • Generous welcome bonus for small deposit
  • Fast withdrawals

Payment Methods

applepayamexmastercardpaypalvisabanktransferskrill

Live States

PennsylvaniaPA

21+ and present in PA. Gambling problem? Call 1-800-GAMBLER. 21+. Subject to regulatory licensing requirements. Opt-in req. Valid 1 per customer.

#2 NEW SPORTSBOOK
(5/5)

Bet $5, Get $50 in Bonus Bets!

Bonus Value5

Benefits

  • Available in almost every legal state
  • Fast withdrawals

Payment Methods

applepayvenmoamexmastercardpaypalvisadiscoverbanktransferpaynearmeplayplus

Live States

New YorkNY

Must be 21+ to participate. | T&Cs apply. | Play Responsibly. | Gambling problem? Call 1-800-522-4700; AZ 1-800-NEXT-STEP; CT (888) 789-7777; MA (800)-327-5050; NY 877-8-HOPENY or text HOPENY (467369); VA 1-888-532-3500; CO, IA, KS, KY, MD, NJ, OH, PA, TN, VT, WV 1-800-GAMBLER; MD Please play responsibly, for help visit mdgamblinghelp.org or call 1-800-GAMBLER

#3 NEW SPORTSBOOK
(5/5)

Bet and Get up to $1,000 in No Sweat Bets!

Bonus Value1,000

Benefits

  • Available in almost every legal state
  • Fast withdrawals

Payment Methods

applepayvenmoamexmastercardpaypalvisadiscoverbanktransferpaynearmeplayplus

Live States

KansasKSLANew JerseyNJColoradoCOIllinoisILIndianaINPennsylvaniaPAWest VirginiaWVIowaIAMichiganMITennesseeTNVirginiaVAArizonaAZMarylandMDWyomingWYKentuckyKYNorth CarolinaNCOhioOHMassachusettsMAConnecticutCT

Must be 21+ to participate. | T&Cs apply. | Play Responsibly. | Gambling problem? Call 1-800-522-4700; AZ 1-800-NEXT-STEP; CT (888) 789-7777; MA (800)-327-5050; NY 877-8-HOPENY or text HOPENY (467369); VA 1-888-532-3500; CO, IA, KS, KY, MD, NJ, OH, PA, TN, VT, WV 1-800-GAMBLER; MD Please play responsibly, for help visit mdgamblinghelp.org or call 1-800-GAMBLER

#4 BEST VALUE
(5/5)
bet365 review
Offer Of The Month

Bet $5, Get $150 in Bonus Bets

OR $1,000 Back If Your First Bet Loses

Bonus Value1,000

Benefits

  • The world's favorite online sports betting company
  • Offers same-game parlays
  • Most comprehensive in-play service
  • Generous welcome bonus for small deposit
  • Fast withdrawals

Payment Methods

applepayamexmastercardpaypalvisabanktransferskrill

Live States

IowaIAOhioOHVirginiaVAKentuckyKYArizonaAZIndianaINLANorth CarolinaNC

Gambling problem? Call 1-800-GAMBLER. 21+. Physically present in OH, VA, IA,LA, AZ, IN, (18+ KY). Eligibility restrictions apply. Subject to regulatory licensing requirements. Opt-in req. Valid 1 per customer. Deposit required. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New Customers only. T&Cs, time limits and exclusions apply

#5 BEST VALUE
(5/5)
bet365 review
Offer Of The Month

Bet $5, Get $150 in Bonus Bets

OR $1,000 Back If Your First Bet Loses

Bonus Value1,000

Benefits

  • The world's favorite online sports betting company
  • Offers same-game parlays
  • Most comprehensive in-play service
  • Generous welcome bonus for small deposit
  • Fast withdrawals

Payment Methods

applepayamexmastercardpaypalvisabanktransferskrill

Live States

ColoradoCONew JerseyNJ

Gambling problem? Call 1-800-GAMBLER. 21+. Physically present in CO, NJ. Eligibility restrictions apply. Subject to regulatory licensing requirements. Opt-in req. Valid 1 per customer. Deposit required. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New Customers only. T&Cs, time limits and exclusions apply

#6
(4.7/5)
Caesars Review

$1,000 First Bet on Caesars

Bonus Value1,000

Benefits

  • Daily boosts and promos for existing users
  • Rewards program
  • Same-game parlays available
  • Available in almost every legal state
  • App is easy to navigate

Payment Methods

amexmastercardpaypalvisabanktransferpaynearmeplayplus

Live States

KansasKSNew YorkNYLANew JerseyNJColoradoCOIllinoisILIndianaINPennsylvaniaPAWest VirginiaWVMichiganMITennesseeTNVirginiaVAArizonaAZOhioOHMassachusettsMAWyomingWYNorth CarolinaNCDC

21+. New users and wager $10+. - If your first wager loses, you will receive a free bet to the equivalent value, up to $1,250 - Free bet credited within 2 business days of your losing bet being settled - Also receive 1,000 Tier Credits and 1,000 Caesars Reward Reward Credits ® (must use ® symbol after Reward Credits) - These are credited within 7 business days of your first bet being settled - Eligible new Caesars Sportsbook and Casino account holders can earn 1,000 Caesars Rewards® Tier Credits, 1,000 Caesars Rewards Reward Credits by making a qualifying initial wager of at least $10. In addition, if the qualifying wager loses, players will also receive a free bet equal to the lesser of (1) the value of their qualifying wager or (2) $1,250 (the “Free Bet”). See Caesars.com/promos for full terms. Void where prohibited. Know When To Stop Before You Start.® Gambling problem? Call 1-800-GAMBLER.

#7 TOP SPORTSBOOK
(5/5)
FanDuel review
Our Sportsbook Of The Month

Bet $5, Get $300 in Bonus Bets if Your Bet Wins + 3 Free Months of NBA League Pass

Bonus Value300

Benefits

  • Trusted as America’s #1 sportsbook app
  • Same-game parlays available
  • Available in almost every legal state
  • Fast withdrawals
  • Regular promos for existing customers

Payment Methods

applepayvenmoamexmastercardpaypalvisadiscoverbanktransferpaynearmeplayplus

Live States

KansasKSNew YorkNYLANew JerseyNJColoradoCOIllinoisILIndianaINPennsylvaniaPAWest VirginiaWVIowaIAMichiganMITennesseeTNVirginiaVAArizonaAZMarylandMDWyomingWYKentuckyKYVermontVTNorth CarolinaNCOhioOHMassachusettsMA

Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ and present in select states. FanDuel is offering online sports wagering in Kansas under an agreement with Kansas Star Casino, LLC. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

#8 HIGHLY RATED
(5/5)
BetMGM Review
Instant Bonus Available

Get Up To $1500 in Bonus Bets Paid Back if your First Bet Doesn't Win

Bonus Value1,500

Benefits

  • Daily odds boosts, event promotions and bonus codes
  • Same-game parlays available
  • Daily odds boosts, event promotions and bonus codes
  • Great welcome offer
  • Fast withdrawals

Payment Methods

amexmastercardpaypalvisabanktransferpaynearmeplayplus

Live States

KansasKSLAIndianaINWest VirginiaWVIowaIAVirginiaVAArizonaAZOhioOHWyomingWYKentuckyKYNorth CarolinaNCNew JerseyNJPennsylvaniaPAIllinoisILColoradoCOMichiganMIMarylandMDDCTennesseeTN

Gambling problem? Call 1-800-GAMBLER CO, IL, IN, LA, KS, MD, MS, NJ, OH, PA, TN, VA, WV, WY, MA 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for Terms & Conditions. US promotional offers not available in DC, Nevada, New York or Ontario. Bonus Bets Expire in 7 Days.

Fast Signup Process

Bet $5, Get $150 in Bonus Bets

if Your Bet Wins!

Bonue Value10

Benefits

  • Trusted, reliable sportsbook
  • Great user experience
  • Same-game parlays available
  • Wide range of in-play markets
  • Available in almost every legal state

Payment Methods

venmoamexmastercardpaypalvisadiscoverbanktransferskrillpaynearme

Live States

New YorkNYNew JerseyNJMichiganMIVirginiaVATennesseeTNMarylandMDIowaIALAKansasKSDCVermontVTKentuckyKY

Gambling Problem? Call 877-8-HOPENY/text HOPENY (467369) (NY), if you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (CO/IL/IN/LA/MD/MI/NJ/PA/TN/WV/WY), 1-800-NEXT STEP (AZ), 1-800-522-4700 (KS), 888-789-7777/visit ccpg.org (CT), 1-800-BETS OFF (IA), or 1-888-532-3500 (VA). 21+ (18+ WY). Physically present in AZ/CO/CT/IL/IN/IA/KS/LA(select parishes)/MD/MI/NJ/NY/PA/TN/VA/WV/WY only. Void in OH/ONT. Eligibility restrictions apply. Valid 1 per new customer. Min $5 deposit. Min $5 bet. $200 issued as bonus bets that expire 7 days (168 hours) after being awarded. See terms at sportsbook.draftkings.com.

#10
(4.7/5)
New Sportsbook

Bet $5, Get $100 in Bonus Bets

Bonue Value100

Payment Methods

venmoamexmastercardpaypalvisadiscoverbanktransferskrillpaynearme

Live States

New JerseyNJArizonaAZVirginiaVA

Must be 21+ and physically present in AZ, NJ, TN or VA to play. Terms and conditions apply. GAMBLING PROBLEM? In AZ call 1-800-NEXT-STEP or text NEXTSTEP to 53342. NJ, TN, VA CALL 1-800-GAMBLER.

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Welcome Offers Comparison

SportsbookWelcome OfferPickswise ratingLive statesPromo code
[object Object] logo

Bet and Get up to $1,000 in No Sweat Bets!

(5/5)
KSLANJCOILINPAWVIAMITNVAAZMDWYKYNCOHMACT
[object Object] logo

$1,000 First Bet on Caesars

(4.7/5)
KSNYLANJCOILINPAWVMITNVAAZOHMAWYNCDC
[object Object] logo

Get Up To $1500 in Bonus Bets Paid Back if your First Bet Doesn't Win

(5/5)
KSLAINWVIAVAAZOHWYKYNCNJPAILCOMIMDDCTN
[object Object] logo

Bet $5, Get $150 in Bonus Bets

(4.9/5)
COINWVAZMAOHPAILWYNC
[object Object] logo

Bet $5, Get $300 in Bonus Bets if Your Bet Wins + 3 Free Months of NBA League Pass

(5/5)
KSNYLANJCOILINPAWVIAMITNVAAZMDWYKYVTNCOHMA
[object Object] logo

Spend $10, Get $30 in Sweeps Coins

(5/5)
MAOHNJNYPAILINCOMIVAAZMDIALACTNHWVRIORKSDEDCARWYMTSDWIVTUTNMTXSCOKNDNCNEMOMSMNKYGAFLCAMEAKAL
[object Object] logo

Sign up With Rebet and Get $100 Deposit Match Bonus

(5/5)
MAOHNJNYILORPAINCOLACTIAMORINHNDVAAZTNMDWVDCSDAKALARDEKSWYMTUTSCWAVTWIOKTXNCNMMENEKYMSHIMNCAGAFL

FAQs

❓ Are sportsbook promo codes available for new customers only?

The majority of sportsbook promo codes are for new customers only, however, sometimes sportsbooks have offers available for all customers. If you have not yet tried a sportsbook, you are welcome to claim the available new-user promo by clicking one of the links above.

Yes, all of the best sportsbook promo codes have a list of terms and conditions. Carefully review the list of T&Cs before claiming a welcome offer to ensure eligibility.

No, the sportsbook promo codes can be accessed on the sportsbook’s mobile app or via the desktop website. However, the mobile app makes the experience very user-friendly.

It depends. However, sportsbook promo codes are not available forever, so be sure to claim them before it is too late.

💲 Sportsbook Promotions for September 2024

Use any of the links below to claim any of our best sportsbook promotions. You can claim as many of the sportsbook bonuses as you would like, as long as you are a new customer of the respective sportsbook.

Sportsbook Promos – September 2024
💲 Bet365: Bet $5 and Get $150 in Bonus Bets OR $1,000 Back If Your First Bet Loses Terms + Link
🔥 Caesars: $1,000 First Bet on Caesars Terms + Link
💰 Fanatics: Bet and Get up to $1,000 in Bonus Bets! Terms + Link
🦁 BetMGM: $1,500 in First-Bet Protection Terms + Link
🥇 FanDuel: Bet $5, Get $150 in Bonus Bets If Your Bet Wins + 3 Free Months of NBA League Pass Terms + Link
👑 DraftKings: Bet $5, Get $150 in Bonus Bets Instantly Terms + Link

📍 Bonuses and Promo By State

Find your states most popular sports betting sites, bonuses and promo codes.

[statePromos]

🏆 Best Sportsbook Promos

Within this section, we will get into the specifics of each sportsbook sign-up bonus. We will provide an outline of the welcome packages offered by each sportsbook and provide the reasons that make them compelling options.

Fanatics Promo: Bet and Get up to $1,000 in Bonus Bets!

The first sportsbook we’ll cover when it comes to the best sportsbook promos is Fanatics Sportsbook.

When you sign up for a new Fanatics account, your first bet each of the first 10 days is 100% matched, for a maximum of $100 in bonus bets daily. In total, you can redeem up to $1,000 in bonus bets, with a $100 qualifying wager each of the first 10 days.

  • 21+ only
  • First-time Fanatics Sportsbook customers only
  • Deposit at least $5
  • Place a bet of at least $1 on any market with odds of -500 or longer to qualify for up to $100 in bonus bets every day for the first ten days wagering on the Fanatics Sportsbook app
  • Your first bet placed each day will be your qualifying wager
  • Fanatics Sportsbook will match the value of that qualifying wager (up to $100 maximum) each day for the first ten days
  • The maximum bonus value is $1,000 in bonus bets, a $100 qualifying bet each of the first 10 days
  • The bonus bets reward will appear in your account within 72 hours of your qualifying wager settling as a loss
  • Bonus bets are non-withdrawable and expire seven days after issuance
So, what are you waiting for? 👉🏼 Click here 👈🏼 to join Fanatics Sportsbook today.

Bet365 Promo: Bet $5 and Get $150 in Bonus Bets OR $1,000 Back If Your First Bet Loses

Another one of the best sportsbook promotions comes from Bet365 Sportsbook.

New Bet365 customers can choose between two welcome offers. The first gives $150 in bonus bets from a $5 first wager, whatever its outcome. The second is first-bet insurance worth up to $1,000. You'll get your first bet back in bonuses if it doesn't win, up to the $1,000 maximum.

  • 21+
  • Sign up, make a deposit of $10 or more and then claim the offer.
  • Choose between two different welcome offers
  • 1. First Bet Safety Net up to $1,000
  • 2. Bet $5, get $150 in Bonus Bets Guaranteed
  • Place your qualifying bets and allow them to settle in order to release you Bonus Bets. To use them simply select "Use Bonus Bets" in the bet slip
  • Available in CO, NJ
  • Use promo code PWEVG365
If you want to join one of the best sportsbooks in the US, ☀️ Click here ☀️ to join the Bet365 community today.

Caesars Promo: $1,000 First Bet on Caesars

Next up on our list of best sportsbook promotions is an offer courtesy of Caesars Sportsbook.

Caesars is offering first-bet insurance to all new customers who sign up for a new account and place a first deposit of $10+. If your first wager loses, you'll get your wager amount back in a bonus bet worth up to $1,000. Just enter the Caesars promo code at sign-up.

  • 21+
  • Deposit $10+
  • If you lose, receive a bonus bet worth up to a $1,000
  • Bonus bet paid as a single bet and must be used within 14 days of receipt.
  • Bonus bet issued will equal stake of the qualifying wager, up to $1,000 max bonus bet.
  • The qualifying wager must be placed and settled within 30 days of registration.
  • Promo code EVGPC1000 is required by Caesars to claim this offer
  • Must be located in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MA, MD MI, NJ, NY, OH, TN, VA, WV or WY
To sign up with Caesars right now ➡️ click here ⬅️.

FanDuel Promo: Bet $5, Get $150 in Bonus Bets If Your Bet Wins + 3 Free Months of NBA League Pass

With FanDuel Sportsbook’s latest sportsbook bonus,

New customers can claim $150 in bonus bets from a $5 wager. Once your first bet settles, you'll receive your bonus bets so long as you meet the key terms and conditions. There is no odds restriction tied to your qualifying wager, so you can risk $5+ on any bet you'd like. For a limited time FanDuel are also offering 3 months of free NBA League Pass for the start of the new basketball season

  • Valid 1 per new customer.
  • First deposit must be $10+
  • User must place and win a $5 wager on any betting market
  • User must win their first $5 wager to receive $150 welcome boost
  • No odds restrictions on the qualifying wager
  • Must be 21+ unless otherwise stated
  • Must be physically located in one of the following states: Arizona, Colorado, Connecticut, Iowa, Illinois, Indiana, Kansas, Kentucky Louisiana (permitted parishes only), Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, Washington D.C., West Virginia or Wyoming
  • Offer expires on December 17 at 11:59 PM ET
  • No FanDuel promo code is required
To sign up for a new account with FanDuel right now, 🔥 click here 🔥.

DraftKings Promo: Bet $5, Get $150 in Bonus Bets Instantly

By claiming the DraftKings Sportsbook new-user promo,

New members who sign up for an account with DraftKings Sportsbook can claim $150 in bonus bets from just a $5 first bet, no matter the result of that first wager. You don't even need a DK promo code. After signing up and depositing $5+, you can wager $5 or more on any betting market without worrying if you win or lose, because you'll automatically earn 8 $25 bet credits from DK either way.

  • New users only who are 21+ (18+)
  • Minimum qualifying deposit: $5
  • Minimum qualifying first bet: $5
  • Qualify bet can be on any market
  • Your first placed wager after registration will be your qualifying wager
  • Must be physically located in AZ, CO, IL, IN, MA, NC, OH, PA, WY or WV
  • Bonus bets issued as 6 $25 bet credits
  • All paid wagers qualify
  • Place a qualifying wager during the offer period
  • Bonus bets are single-use, non-cashable, non-withdrawable, and must be wagered 1x before any resulting cash winnings can be withdrawn, and stake is not included in winnings.
  • Bonus bets will be paid out within 24 hours of bet settlement
  • Bonus bets valid for seven days. For the avoidance of doubt, the seven day completion period is measured as 168 hours from the time the bonus bets are placed in the customer’s sportsbook account. Failure to use the bonus bets will void the award.
To sign up for a new account with DraftKings right now, ⚡️ click here ⚡️.

BetMGM Promo: $1,500 in First-Bet Protection

The next sportsbook promo code is offered by BetMGM Sportsbook.

BetMGM Sportsbook's new-user promotion gives a $1,500 worth of first-bet protection. Make a first bet up to $1,500, and if that bet loses, you'll get it back in bonus bets.

  • 21+ only
  • Deposit $10+
  • Wager $10+. First bet qualifies for the promotion (cannot be cashed out or edited)
  • First bet is covered with insurance worth up to $1,500 – will be credited with bonus bets if you lose
  • If your first bet is under $50, it will be credited as a single bonus bet
  • If your first bet is over $50, it will be credited as five individual bonus bets. (A $1,000 losing first wager would see you credited with five $200 bonus bets)
  • Bonus bets are automatically credited within 24 hours of the event you bet on finishing
  • Bonus bets must be used within 7 days
  • Use promo code PWEVGPC to claim your bonus
  • Must be located in Arizona, Indiana, Iowa, Kansas, Kentucky, Louisiana, Ohio, Virginia, Washington D.C., West Virginia or Wyoming
  • Offer expiration date: December 31, 2024 at 11:59 PM ET
To sign up for a new account with BetMGM right now, ⭐️ click here ⭐️.

🔢 How we rank the best sportsbook bonuses

In this section, we will explain the details of our review process. We used several criteria to arrive at our list of best sportsbook promotions, as highlighted below.

💰 Overall Bonus

One of the primary factors during our evaluation is simply the overall size of the sportsbook deposit bonus. For instance, how much value could the promo be worth. As seen above, some of the best sportsbook promo codes provide upwards of $1,000 in potential value.

📊 Available Markets

Another factor we considered is the number of available markets at each of the sportsbooks. All five of our best sportsbook promos can be applied to a huge variety of betting markets. On top of that, almost all of the markets are available to bet on using any bonus bets you may receive as part of the sportsbook new-user promos.

📜 Wagering Requirements

How much you must invest in the sportsbook promotions was also considered during our review. As seen in the section in which we highlighted each promo, the minimum deposit and wager requirements are very small. For some of the promotions, you only need to deposit and bet $5.

💲 Ease of Claiming the Sportsbook Promotions

Valuable promotions are great, but what good are they if they are confusing and/or difficult to sign up for? All of our best sportsbook promo codes are incredibly easy to sign up for. Not only that, but they are also available for a wide variety of customers.

🏦 Types of sportsbook promotions

In the table below, we will show you the different types of promotions offered by sportsbooks. The promotions vary, so we will also highlight some pros and cons of each type of offer.
Bonus Pros Cons
Deposit Bonuses – Potential for large rewards- Chance to win your bet and still receive the bonus – Requires you to wager your cash before receiving bonus
First Bet Insurance – If your first bet loses, you will be reimbursed- Great way to try the sportsbook with little risk – If you do win your first bet, there is no added bonus
Loyalty Bonuses – Rewards potentially become more valuable the more you play – Requires significant time using a sportsbook
Friend Referrals – No investment on your part- Builds camaraderie with friends – You must wait for your friend to join, deposit and wager

🔥 How to claim your sportsbook promo code

To claim any of our best sportsbook promo codes, follow our step-by-step guide below. Even though each sportsbook may have slight differences in the process, they generally follow the same general steps:
  1. Choose from our list of best sportsbook promos
  2. Review the list of key terms and conditions to ensure you are eligible for the sign-up bonus
  3. Sign up to that sportsbook
  4. Select a market for your first bet
  5. Confirm that you fulfill all the eligibility criteria for the promotion
  6. Once your first bet settles, you will have claimed the applicable reward
As long as you follow these steps, you will be on your way to beginning your sports betting experience.

🤔 How to use your sportsbook promo codes

Once you have gone through the steps above, it’s likely you will have some bonus bets available to use for your next bet. To use those, simply follow the steps below.
  1. Select a market for your next bet
  2. Add a selection to your bet slip
  3. Instead of using cash, click on an available bonus bet to populate the stake
  4. Submit the bet
That’s all there is to it! Just be sure to take note of the validity period of the bonus bets, as depending on the sportsbook, bonus bets expire at different points.

👥 Sportsbook offers for existing customers

While our best sportsbook promotions discussed in this article are only available to new customers, there are several other types of promotions available for existing sportsbook customers. We’ve explained a few of them below.

⚡️ Odds Boosts

Odds boosts are amazing offers that are available to existing sportsbook customers, usually on a daily basis. With odds boosts, you can earn higher payouts from parlays. For example, a parlay may have odds of +500, but with an odds boost, you may receive +650 odds for the same bet.

💵 Rewards at Physical Sportsbooks

Some of the sportsbooks listed among our best sportsbook promotions have brick-and-mortar sportsbooks in addition to offering online sports betting. Existing customers have the ability to earn rewards that could be used for hotel stays at those locations.

💸 Referral Bonuses

Many sportsbooks offer referral bonuses to current customers. If you love betting with a particular sportsbook, tell your friends and family about it. If they sign up and make a deposit, you will typically receive bonus bets and/or casino credits for referring them.