Best Sportsbook Promos | Top Betting Promotions & Offers Reviewed May 2024

Author Image Reviewed By Matthew Crist GDC - Icon - Black - Info
Fact Check Icon Fact Checked byPeter MooneyGDC - Icon - Black - Info
Date IconLast Updated: 

Explore the best sportsbook promotions available to U.S. customers in 2024, all of which have been reviewed and approved by betting experts. Learn how to redeem betting offers to maximize the value of your wagering.

Best Sportsbook Promos Live in Your State

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  1. Only US Sportsbook with NFL Streaming
    Caesars Rewards Redeemable at Ceasars Locations
    Improved Odds for NY Mets & Chicago White Sox
    Promo Code
    Live Streaming
    In-Play Betting
    Bet Builder
    Cash Out
    First Bet Offer
    Backed by Caesars Entertainment, the sportsbook provides real-life loyalty rewards for bettors bringing the Las Vegas feel to you. Between Live Streaming, Generous Welcome Offer, & Daily Boosted Parlays, you'll find yourself very busy on the Caesars Sportsbook App.

Latest US Gambling Promotions

How We Rate & Review the Best Betting Promotions

Best New Sportsbook Promo

There are currently two Fanatics Sportsbook promos available depending on which part of the country you live: "Bet $100, Get $100 Every Day for 10 Days" or "Sign Up and Get $50 Bonus Bets." 

The "Bet $100, Get $100 Every Day for 10 Days" offer provides substantial flexibility and value over the first ten days of betting, allowing bettors more time to take advantage of this great offer. 

The $50 bonus signup bonus might appeal to more experienced bettors who know what bets they want to place and are able to do so quickly in order to take advantage of the best odds.

Sign Up Bonus:Bet & Get up to $1K or $50 in Bonus Bets
Promo Code:No Code Required
States Eligible:AZ, CO, IA, IL, IN, KS, KY, MD, MI, NC, OH, TN, VA, WV, CT, MA, NY, PA, VT

Best Sportsbook Promo for Bonus Bets

The DraftKings Sportsbook promo offers new users the opportunity to bet $5 and receive $200 in bonus bets instantly with the bonus divided into eight $25 installments for greater flexibility

But remember, these bonus bets are only valid for seven days, meaning you need to act quickly in order to make the most of this offer. 

After receiving your $200 bonus, access the DraftKings mobile app and search for the many ongoing betting promos and special offers.

Sign Up Bonus:$200 in Bonus Bets
Promo Code:No Code Required
States Eligible:AZ, CO, CT, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VA, VT, WV, WY

Best In-App Sportsbook Promos

Take advantage of the Caesars Sportsbook promo code for new users: "Bet $1,000, Get $1,000" first bet match, which is a perfect opportunity to make the most of Caesars’ app-exclusive microbets and other live betting options. 

Caesars Sportsbook boasts a number of in-app promotions while also offering simplicity and accessibility on most mobile devices. 

I believe this is a huge advantage when it comes to live sports wagering since you’re able to stream events live to your sports betting app either at home or on the go.

Sign Up Bonus:$1K First Bet Refund
Promo Code:GAMBLING1000
States Eligible:AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NJ, NY, NC, OH, PA, TN, VA, WV, WY

Best Betting Promo for Deposit Bonus

No U.S. sportsbooks currently offer a no-deposit sign-up bonus, as most require a minimum deposit to unlock promotions. 

However, many provide appealing first-time deposit bonuses or bonus bets. The best such offer is the BetMGM bonus code which is good for a $1.5K First Bet Refund

BetMGM's first bet refund offers new customers a remarkable advantage by covering their initial bet up to $1,500 if it doesn't win—adding great peace of mind and an extra level of security.

Sign Up Bonus:$1.5K First Bet Refund
States Eligible:AZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, MI, NJ, NC, OH, PA, TN, WV, WY

Best Sportsbook Promo for Exchanges

Sporttrade combines stock-exchange principles with the excitement of sports betting, enabling users to set lines and trade outcomes in real time. The result is a unique betting experience, allowing you more control over your bets with the potential to win cash rewards.

Sign up with Sporttrade promo code GAMBL to receive up to $300 in cash back during your first week with 3% cash back offer on every wager.

Sign Up Bonus:$300 Cash Back
Promo Code:GAMBL
States Eligible:IA, NJ, CO

Best Sportsbook Promo for Maryland Bettors

For residents of and visitors to Maryland, there’s an in-state-only bonus that’s worth your attention. The Crab Sports promo offers a tempting sign-up bonus for new customers: a $500 First Bet Insurance. 

The way it works is you place your first bet of up to $500 and if it loses, Crab Sports will refund it in the form of bonus bets up to $500. This is among the best Maryland sportsbook promos available.

These bonus bets are awarded in $25 increments and must be used on minimum -120 odds. It's important to note that the bonus bets cannot be withdrawn, and any winnings from these bets are capped at twice the stake amount​.

Sign Up Bonus:$500 First Bet Insurance
Promo Code:GAMB
States Eligible:MD

Best Sportsbook Promo for New Jersey Bettors

New customers in the Garden State using the Borgata promo code GDCBONUS will receive $100 in bonus bets after you place just a single $20 real-money wager. All you need to do is place your first bet of at least $20, and Borgata will give you $100 in bonus bets immediately after your initial wager.

It’s not just new customers who benefit from Borgata’s offers; existing customers also have the chance to earn up to $100 in bonus bets each week.

Sign Up Bonus:$100 in Bonus Bets
States Eligible:NJ

Best Sportsbook Promo for NFL

The FanDuel promo allows new customers to bet $5 and receive $150 in bonus bets, regardless of whether your initial wager wins or loses. 

No promo code is required, and all you need to do is make an initial deposit of at least $10 and place your first bet of $5 or more on any sports market.

This is a particularly appealing offer for NFL fans as FanDuel allows customers to stream live games directly to their mobile devices, allowing you to keep up with all the action wherever you are. FanDuel also offers a free-to-enter NFL fantasy game, making this initial sign-up offer one of the most attractive NFL sportsbook promos.

Sign Up Bonus:$150 in Bonus Bets 
Promo Code:No Code Required
States Eligible:AZ, CO, CT, IA, IL, IN, KS, KY LA, MI, NJ, NY, OH, PA, TN, VA, WV, WY

Best Sportsbook Promo for MLB

The bet365 sign-up bonus of a $1K First Bet Refund is one of the best to use for MLB, thanks to live streaming of selected games available via the mobile app. 

The offer provides new users with a safety net of up to $1,000 on their first bet, ideal for fans of baseball. If the initial wager loses, the amount is refunded in bonus bets allowing a risk-free first bet for new customers.

With competitive odds and an easy-to-use app, not to mention runline and parlay options for all MLB games, this promo is a natural choice for fans looking to place a wager on baseball.

Sign Up Bonus:$1K First Bet Refund
States Eligible:AZ, CO, IA, IN, KY, LA, NC, NJ, OH, VA

Best Sportsbook Promo for NBA

NBA fans can take their pick from a wide range of basketball betting markets available with the new-customer Hard Rock Bet promo for a $100 First Bet Refund.

This means if your initial bet up to $100 loses, you receive a refund in the form of bonus bets, allowing a worry-free attempt to win. No promo code is required.

Whether you win or lose your first bet with this promo, you can still take advantage of Hard Rock Bet’s competitive NBA odds and betting types as you continue to wager.

Sign Up Bonus:$100 First Bet Refund
Promo Code:No Code Required
States Eligible:AZ, FL, IN, NJ, OH, TN, VA

Best Sportsbook Promo for NHL

The Betway bonus for new users offers a choice of either a $250 First Bet Refund or $150 in Bonus Bets.

New customers can benefit from a refund up to $250 if their first bet loses or simply receive $150 in bonus bets without needing to place (or lose) a bet.

Betway’s sign-up bonus is perfect for fans of hockey since you can access live streams of NHL games, cash out early on select hockey games around the world and enjoy NHL specials and prop bets.

Sign Up Bonus:$250 First Bet Refund or $150 in Bonus Bets
Promo Code:No Code Required
States Eligible:AZ, CO, IA, LA, NJ, OH, PA, VA

Best Sportsbook Promo for Soccer

The current BetRivers bonus code offers a $100 First Bet Refund for new customers. If your first wager loses, they will refund the amount up to $100 in the form of bonus bets.

To qualify, all you need to sign up, make a deposit, and place your initial wager. If the bet loses, you receive a refund, so you can bet with confidence

This promo is an excellent choice for soccer fans, offering an extensive selection of betting markets for all significant games, particularly the English Premier League

The sportsbook also features early cash-out options on certain matchups not to mention live-betting, moneylines, parlays and player specials for Bundesliga, Serie A, La Liga and many more top leagues around the world.

Sign Up Bonus:$100 First Bet Refund
States Eligible:AZ, CO, IN, IA, IL, LA, MD, MI, NJ, NY, OH, PA, VA, WV

Best Sportsbook Promo for College Football

New customers who place their qualifying bet with the ClutchBet promo will receive a 100% bet match up to $250 in non-withdrawable bonus bets paid over five weeks.

You will instantly receive 20% of the bonus after which you must repeat this process for four more weeks to continue receiving bonus bets.

What’s more, there is no promo code required for this sign-up offer. 

With a comprehensive range of odds, along with generous boosts and promotions, using ClutchBet’s new-user promotion means access to a host of markets to satisfy the most eager of college football bettors.

Sign Up Bonus:100% Bet Match up to $250
Promo Code:CLUTCH250
States Eligible:CO, IA, LA

Other Sportsbook Promos

Best Betting Offers by State

Welcome offers and existing promotions can vary by state. Click through below to see the offers currently available in your state. If your state isn't listed, sports betting may not be legal yet. To learn more about the legal status and regulations of your state, check out our legal states tracker.

StateType of Promos
Arizona Betting PromosSportsbook
California Betting PromosDFS/Sweepstakes
Illinois Betting PromosSportsbook
Kansas Betting PromosSportsbook
Kentucky Betting PromosSportsbook
Maine Betting PromosDFS/Sweepstakes
Maryland Betting PromosSportsbook
Massachusetts Betting PromosSportsbook
Michigan Betting PromosSportsbook
Mississippi Betting PromosSportsbook
New Jersey Betting PromosSportsbook
New York Betting PromosSportsbook
North Carolina Betting PromosSportsbook
Ohio Betting PromosSportsbook
Pennsylvania Betting PromosSportsbook
Vermont Betting PromosSportsbook
Virginia Betting PromosSportsbook

Types of Betting Offers

New Customer Sign-up Bonus

Sportsbooks offer special sign-up bonuses exclusively available to new users designed to enhance their initial betting experience. 

These come in the form of "bet-and-get" bonuses, where you receive a bonus bet after placing your first wager, and "first bet refunds," which refund your stake (up to a certain amount) if your initial bet loses. 

These provide a safer introduction to sports betting by reducing the risk associated with your first bets and increasing your potential to explore various betting options.

New Customer Sign-up Bonus

Bonus Bets

Bonus bets allow users to place a wager without risking their own money. They are typically awarded as part of promotions such as sign-up bonuses, loyalty rewards, or special offers. 

To receive bonus bets, users usually need to meet certain criteria, like making a deposit or placing a qualifying wager. Once awarded, a bonus bet can be used to place bets. If your bet is successful, the bonus bet isn’t returned with any cash winnings; only the profit made from the bet is added to your account.

Bonus Bets

Deposit Bonus

Deposit bonuses are offered by sportsbooks to provide additional funds based on the amount you deposit. One such incentive is a deposit-match bonus, where the sportsbook matches a percentage of your deposit with bonus funds, up to a certain limit. 

For example, a 100% deposit match up to $200 means if you deposit $200, you receive an additional $200 from the sportsbook as a bonus deposited in your account.

Alternatively, a no-deposit bonus does not require any initial deposit to activate; instead, the sportsbook provides a bonus simply for signing up or creating an account. This allows new users to start betting without any upfront investment of their own.

Deposit Bonus

Bet Insurance

Sportsbooks offer bet insurance to provide a safety net for your wagers. They are often applied to higher-risk bets such as parlays. If you qualify for bet insurance and your parlay loses by missing only one selection, the sportsbook will refund your stake, usually in the form of bonus bets or site credits.

This type of insurance is designed to minimize your risk. They will often appeal to bettors who enjoy the higher potential payouts that come with parlays or multi-leg bets.

Bet Insurance

Referral Bonus

Referral bonuses encourage current users to invite friends to open an account. 

When a current user refers a new customer, who then signs up and meets specific criteria, both parties will usually receive a bonus in the form of bonus bets or other rewards.

Referral Bonus

Odds Boosts

Odds boosts increase the potential payout on specific bets. These boosts enhance the odds beyond their usual level, providing a greater return on a winning bet. Odds boosts attract bettors by offering more value and a higher potential profit on certain games, matches or events.

Odds Boosts

Reload Bonuses

Reload bonuses encourage existing customers to add funds to their accounts. Unlike welcome bonuses, reload bonuses can be claimed multiple times. 

Typically, these bonuses match a percentage of a deposit; for example, a 50% reload bonus on a $100 deposit provides an extra $50 in bonus bets.

Reload Bonuses

Sports Betting Promotion Terms & Conditions

Minimum Deposit

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Minimum Bet

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