Best Sportsbook Promos | Top Sports Betting Bonuses October 2024

Variety & Convenience of Payment Methods

We assess which deposit methods qualify for the promotion and whether there are any restrictions or preferences.

Clear Terms & Conditions

We assess how clearly the terms and conditions are communicated and whether they are easily understandable for users. We detail minimum odds requirements, eligible bet types, and any restrictions on specific markets or events.

We highlight the promo's expiration date and the promotional period duration, including any deadlines for opting in, using bonus funds, or meeting wagering requirements.

We analyze the playthrough requirements to understand how many times bonus funds must be wagered before they can be withdrawn.

We clarify any limits on the amount that can be won using bonus funds or through boosted odds.

Type of Welcome Offer

We categorize promotions into welcome bonuses, reload bonuses, free bets, and more, providing clarity on the type of promotion offered.

Readiness of Customer Service

We evaluate the responsiveness and effectiveness of the sportsbook's customer support in handling promo-related inquiries.

Overall Promo Value

Evaluate the overall value of the bonus. Consider both the bonus amount and the associated terms to determine if it offers good value relative to other promotions.

Deposit Match Offer

A deposit match promotion offers a bonus that matches the amount you deposit when signing up with a sportsbook. These promotions, such as those provided by FanDuel, can be very enticing due to their high advertised values. 

However, they often come with playthrough requirements, so it’s essential to check the terms and conditions.

The bonus amount you receive is based on your initial deposit. Typically, you’ll need to wager the bonus credits a certain number of times before they can be withdrawn.

First Bet Insurance

First Bet Insurance protects your initial wager by offering a refund if your first bet loses. If your first bet doesn’t win, you receive a bonus or site credit equal to the amount of your lost wager. 

This promotion allows new users to place their first bet with less risk, as they have an opportunity to recover their stake if it doesn’t succeed. New users can place their first bet with confidence, knowing they have a chance to recover their stake if the bet does not succeed. 

The refund is typically provided as bonus bets and must be used according to the sportsbook's terms and conditions.

No Deposit Bonuses

No deposit bonuses are granted without the need for an initial deposit. These bonuses are typically smaller in value and allow new users to explore the sportsbook and place bets without risking their own money.

Bet & Get

Many of the recommended sportsbook promotions on this page are formatted as a "bet & get" offer, and these are usually very straightforward to understand. All you need to do is place the minimum required bet amount and you'll receive a bonus (usually bonus bets).

Some platforms have been putting fun twists on the traditional bet & get promos, like giving away free trials for streaming services or requiring your bet to actually win in order to receive the bonus.

Daily Odds Boosts

Odds boosts, enhanced odds, or price boosts are promotions that offer more profitable prices for bettors on specific events or markets. These promotions can increase potential winnings and usually change each day with new betting events.

To use these effectively, choose bets with higher probabilities of success to maximize the value of the boost.

Rewards, VIP & Loyalty Programs

One of the biggest (and best) sportsbook promos you can claim is ongoing rewards from a site's loyalty or VIP program. Loyalty programs are tiered rewards schemes for frequent bettors. Every time you place a bet, you'll usually get automatically credited with rewards and/or tier points. 

Tier points move you up the ranks; with each new tier you hit, you get access to more benefits, like cashback, dining credits, or hotel stays. You can usually cash in rewards points for bonus bets or other perks.

While you should never wager only to get rewards points, this programs can be a helpful way to make sure you're getting the most you can from your betting promos.

Referral Bonuses

Most sites offer referral bonuses, which encourage bettors to invite their friends and family to sign up, too. Existing users send a unique sign-up link or referral code and get bonus bets or credits when their friends follow the instructions to sign up themselves. The new bettor will start out with bonus bets as well.

The most lucrative referral promos we've seen are include BetMGM ($100 in bonus bets) and Caesars (50K Caesars Rewards credits).

Cashback Bonuses

Cashback bonuses offer a percentage of a bettor’s losses back as a bonus. This type of bonus can help soften the blow of a losing streak and is usually credited as bonus bets or site credit.