What are Sportsbook Promotions?

Best Promos for Sports Betting: Top Offers Inside

I love sports and always search for the best promotions to make my betting better. I look for welcome bonuses and ongoing deals that can increase my winnings. In this guide, I’ll share the top promotions from big names like FanDuel, Caesars, bet365, and Fanatics. Get ready to find lots of ways to make your sports betting more exciting.

Key Takeaways

  • Explore the latest and greatest sports betting promotions from top-tier sportsbooks.
  • Learn how to claim generous welcome offers, including bonus bets, deposit matches, and risk-free wagers.
  • Discover ongoing promotions like boosted odds, parlay insurance, reload bonuses, and exclusive rewards programs.
  • Understand the key terms and conditions associated with sportsbook bonuses to ensure you get the most value.
  • Leverage app reviews and ratings to identify sportsbooks that provide a seamless user experience.

What are Sportsbook Promotions?

Sportsbook promotions are special offers for both new and current customers at online betting sites. They include bonuses like free bets, deposit matches, and risk-free wagers. It’s important to know about sports betting bonuses and sportsbook promotion terms to make the most of these offers.

Bonus Types Explained

Here are the main sportsbook welcome offers:

  • Free Bets: Let you bet without using your own money. Any winnings are yours to keep.
  • Deposit Matches: The sportsbook matches a part of your first deposit, up to a limit. This increases your starting money.
  • Risk-Free Bets: If your first bet loses, you get your money back, usually as a free bet or site credit.
  • Parlay Insurance: This bonus covers you if one part of your parlay bet loses, refunding your bet up to a limit.

Common Sportsbook Promo Terms

When you take sportsbook bonuses, you’ll see terms like:

  1. Rollover Requirement: The number of times you must bet the bonus before you can withdraw it.
  2. Minimum Odds: The lowest odds you must bet on to qualify for the bonus.
  3. Expiration Date: The last day you can use the bonus, after which it expires.
  4. Restricted Bet Types: Some bets, like prop bets or futures, don’t count towards the bonus.

Knowing these sportsbook promotion terms helps you understand the details and use your bonuses better.

FanDuel Sportsbook: Bet $5, Get $200 if Your Bet Wins

FanDuel Sportsbook is offering a great deal for new users. If you bet $5 and win, you get $200 in bonus bets. This can really help grow your sports betting money.

Covers Verdict

Covers thinks this FanDuel Sportsbook deal is one of the best for new players. It’s easy to understand and doesn’t have complicated rules. This makes it great for people at all levels of experience.

Who it’s For

This “Bet $5, Get $200” offer is for new customers who are 21 or older. They must also be in an eligible state during the promotion. This includes places like Arizona, Colorado, and Indiana, among others.

Bonus Terms and Conditions

To get the FanDuel Sportsbook bonus, you need to deposit at least $10 and bet $5. If your first bet wins, you’ll get $200 in bonus bets. These can be used on any market.

Remember, you have 7 days to use the bonus bets. After that, they will expire.

Make sure you read the full terms of the FanDuel Sportsbook offer before taking it. This way, you’ll know what’s required and can get the most out of it.

Caesars Sportsbook: $1,000 First Bet on Caesars

If you’re new to sports betting, Caesars Sportsbook has a great offer for you. They offer up to $1,000 in bonus bets if your first bet doesn’t win. This gives you a safety net for your first bet.

Covers Verdict

Covers, a top sports betting site, calls this Caesars Sportsbook offer a top pick. It’s great for both big and small bettors, needing just a $10 deposit to qualify. If your first bet loses, the bonus bet can help you bounce back and start winning.

Who it’s For

This Caesars Sportsbook offer is for new customers who haven’t signed up before. It’s perfect for both new and experienced bettors. It’s a great way to try out Caesars and possibly cover any losses from your first bet.

Bonus Terms and Conditions

To get the Caesars Sportsbook bonus, use the promo code COVERSBONUS1000 when you sign up. This offer is open in many states like Arizona, Colorado, and more. You can find the full list on their website.

If your first bet loses, Caesars will give you a bonus bet up to $1,000. This bonus bet must be used within 14 days. You can use it on many sports and bet types, with no minimum odds.

The Caesars Sportsbook “$1,000 First Bet on Caesars” offer is a great chance for new users. It helps you start with sports betting safely and gives you a good chance to win right from the start.

bet365 Sportsbook: Bet $5, Get $150 or $1,000 First Bet Safety Net

The bet365 Sportsbook really draws in new sports bettors with its great welcome offers. You can pick from two big deals: “bet $5, get $150 in bonus bets” or a “$1,000 first bet safety net.” I like the first option because it gives you the $150 bonus win or lose. The $1,000 safety net is only for if your first bet doesn’t win.

Both offers are really good for new users, so it depends on how much you want to risk. The “bet $5, get $150” deal is a great way to get extra free bets. The $1,000 first bet safety net is better for those who like to play it safe.

To get these offers, you need to be in one of the states where bet365 operates. This includes Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, and Virginia. You also need to put in at least $10 and make a $5 bet at odds of -500 or higher to get the $150 bonus.

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Once you pick a bet365 sportsbook bonus, you have seven days to use the bonus bets. Any winnings from these bets go to the house, but it’s a good way to try out bet365’s wide range of sports betting.

Promo Details Key Strengths
bet $5, get $150 Minimum $10 deposit, $5 qualifying bet at -500 or greater odds Guaranteed $150 bonus regardless of bet outcome
$1,000 First Bet Safety Net Refund of up to $1,000 in bonus bets if first bet loses Provides a cushion for risk-averse bettors

Whether you want the safety of a first bet safety net or the fun of bonus bets, bet365 Sportsbook has something for everyone. With an easy-to-use platform, lots of betting options, and these great promotions, bet365 is a top pick for sports bettors in the U.S.

Fanatics Sportsbook: Get up to $1,000 in Bonus Bets

Fanatics Sportsbook, once known as PointsBet, now offers new customers up to $1,000 in bonus bets. This deal is great for bettors at all levels, with easy-to-meet playthrough requirements. The app is also easy to use on both iOS and Android, making it simple to claim and use your bonus.

Covers Verdict

The Fanatics Sportsbook bonus is a standout in the sports betting world. It offers up to $1,000 in bonus bets, giving new users a big boost. The app is easy to use, and the playthrough requirements are reasonable. This makes it a great choice for bettors at any level.

Who it’s For

This bonus is for all sports bettors, whether you’re a pro or just starting out. It’s a great way to begin with a big bonus. The app is easy to navigate, and you can bet on many sports leagues.

To get the bonus, you need to sign up and deposit at least $5. You’ll get up to $200 in bonus bets for the first five days. This helps new users get to know the platform better.

The bonus bets have a 1x playthrough requirement. This means you can withdraw any winnings right after meeting this condition. Plus, the FanCash Rewards program gives you cash-back on your bets, adding more value to your experience.

In summary, the Fanatics Sportsbook bonus is a great deal. It offers a big welcome package, an easy-to-use platform, and ongoing promotions. It’s a good choice for anyone looking into online sports betting.

DraftKings Sportsbook: Up to $300 in Bonus Bets Instantly

For new customers, DraftKings Sportsbook offers a great welcome bonus. You can bet $5 and get up to $300 in bonus bets right away. This “bet and get” deal is perfect for both new and experienced bettors. It helps them increase their betting money and try out the wide range of sports betting options.

DraftKings is a top sportsbook known for its excellent mobile app, competitive odds, and many promotions for its users. The welcome offer for new users is especially attractive. It lets customers get a big bonus without any hard-to-meet requirements.

Key Highlights of the DraftKings Sportsbook Bonus

  • New users can claim up to $300 in bonus bets after making their first $5+ wager on the DraftKings platform.
  • Customers in select states like CT, MA, and NY can receive $150 in bonus wagers.
  • No betting odds restrictions are imposed on the markets for the initial bet or bonus bets.
  • The best DraftKings offer currently includes $150 in bonus bets for new users.
  • To receive bonus bets, users must create an account, deposit a minimum of $5, and place a $5+ wager on any sport.
  • Bonus bets are distributed in equal amounts, valid for seven days, single-use, and non-withdrawable.

DraftKings also has many ongoing promotions and perks for its users. These include daily profit boosts, parlay insurance, and bad beat refunds. With a huge selection of sports and betting options, it’s a great choice for sports fans. It offers a comprehensive and rewarding sportsbook experience.

Bonus Type Bonus Amount Eligible States Bonus Bets Received
Bet $5, Get $150 in Bonus Bets $150 CT, MA, NY 6 Bet Credits
Bet $5, Get $300 in Bonus Bets $300 IA, IL, LA, MI, NC, NJ, OH, PA, VT, WY 12 Bet Credits

When looking at sports betting promotions, consider the bonus size, format, and how quickly you can get site credit. Also, think about the odds requirements and how long the bonus is valid. The DraftKings promo code offers a great mix of big bonus bets, flexible betting options, and an easy-to-use platform. It’s a great choice for sports fans wanting to make the most of their betting.

BetMGM Sportsbook: Risk-Free Bet up to $1,500

If you’re into sports betting, the BetMGM sportsbook bonus is a great choice. It offers a risk-free bet of up to $1,500 for new users. This BetMGM new user promo is perfect for those who want to try out with less risk.

Covers Verdict

According to Covers, the BetMGM risk-free bet is a fantastic deal for newcomers. It’s a big offer that refunds your first bet of up to $1,500 in bonus bets if you lose. This can really help bettors feel more secure.

Bonus Terms and Conditions

To get the BetMGM sportsbook bonus, you need to deposit at least $10. If your first bet doesn’t win, you’ll get the money back as bonus bets, up to $1,500. These can be used on other bets to meet the wagering requirements and have seven days to use them.

The BetMGM new user promo ends on December 31, 2024, at 11:59 p.m. ET. Also, BetMGM sports betting offers can change by state. The sportsbook is in over a dozen states, like Arizona, Colorado, New Jersey, and Michigan, but not Nevada or Washington, D.C.

Promotion Details Value
Bonus Bets Expiration 7 days
Refer A Friend Program Up to $2,000 per month, $100 per referral
Odds Boost 25% increase, e.g., +100 to +125
Multi-Sport Parlay Boost 25% increase, e.g., +400 to +500
Bonus Bet Value 20% of wager amount if over $50, full wager amount if under $50
Bonus Bets Expiry 7 days from issuance
Offer Expiration December 31, 2024
Minimum Deposit $10
Available States AZ, CO, NJ, MI, and others, not in DC, NV, or NY
Promo Code SBD1500

best promos for sports betting

Sportsbooks compete for your attention with exciting promotions and bonuses. They offer everything from welcome bonuses to deals for regular customers. You can find free bets, deposit matches, risk-free wagers, and more. These deals make your sports betting more fun and can increase your winnings.

BetWhale gives you a 125% deposit boost up to $1,250. You must meet a 10x rollover in less than 30 days. Bovada offers up to a $750 welcome bonus with a 5x wagering requirement for both crypto and credit card deposits. BetOnline gives you a welcome bonus of up to $1,000 with a 10x wagering requirement and a 30-day limit.

Other top bonuses include SportsBetting.ag’s 100% match up to $500, redeemable twice for a total of $1,000. This comes with a 14x wagering requirement. MyBookie offers up to $1,000 in sign-up bonuses with a 10x rollover and a $200 first deposit cash bonus with a 1x rollover.

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Everygame gives crypto users a 50% sports bonus up to $1,000 and a 100% sign-up bonus of up to $500 with an 8x wagering requirement. BetUS offers a 125% sign-up bonus of up to $3,125 for sportsbook bets and a higher casino bonus roll-over.

These are just a few examples of the must-have sports betting offers from top sportsbooks. Using these generous promotions can help you increase your betting bankroll and improve your sports betting experience.

BetRivers Sportsbook: Second Chance Bet up to $500

For sports bettors looking for a financial safety net, the BetRivers Sportsbook welcome offer is perfect. It gives new customers a second chance bet of up to $500. This means if their first bet doesn’t win, they can get a refund and try again.

This great offer is available in many states like Illinois, Indiana, Louisiana, and more. In these states, you could get up to $500 if your first bet loses. But in Colorado and New Jersey, the max is $250, and in Arizona, Iowa, Ohio, and West Virginia, it’s $100.

To get this bonus, you just need to deposit at least $10 and place your first bet. If that bet doesn’t win, BetRivers will give you a bonus bet. This bonus bet is the same amount as your first bet, up to the state’s limit. You must use it on bets with odds of -200 or longer and it expires after 30 days.

This second chance bet is a hit with sports bettors because it helps protect their first bet. It shows how much BetRivers cares about making sure customers have a good experience.

State Second Chance Bet Maximum
Illinois, Indiana, Louisiana, Maryland, Michigan, New York, Pennsylvania, Virginia Up to $500
Colorado, New Jersey Up to $250
Arizona, Iowa, Ohio, West Virginia Up to $100

BetRivers also has other cool promotions like boosted odds and sport-specific contests. They even have an NFL Pick’Em challenge with big prizes. With a user-friendly app and lots of betting options, BetRivers is a top pick for sports bettors looking for a great online betting experience.

ClutchBet Sportsbook: 100% Deposit Match up to $250

Looking to boost your sports betting bankroll? Check out the ClutchBet Sportsbook’s new user promotion. They offer a 100% deposit match up to $250 for new customers. This bonus is a great way to increase your initial balance and give you more options for betting.

The ClutchBet sportsbook bonus is split into five parts. You get 20% of the bonus right after your first deposit. The rest, 80%, comes in equal parts over the next four weeks. You must deposit at least $10 to qualify, and the bonus bets expire in 7 days with a -200 odds requirement.

For newcomers, the ClutchBet app is easy to use and focuses on a smooth betting experience. The ClutchBet deposit match bonus is one of the biggest around. It lets users earn up to $250 in bonus bets for various sports markets.

“The ClutchBet deposit bonus is a fantastic way for new customers to boost their bankroll and have more flexibility when placing wagers.”

The ClutchBet sportsbook bonus is a strong offer for bettors. It helps new and experienced players maximize their initial investment and start strong on the platform. This promotion is definitely something to consider in your betting strategy.

ESPN BET Sportsbook: $1,000 No Sweat First Bet

ESPN BET Sportsbook has entered the sports betting scene with a big splash. They offer a $1,000 “no sweat” first bet. This is a great deal for new customers, making ESPN BET stand out in the market.

Covers Verdict

Experts at Covers say the ESPN BET sportsbook bonus is a great deal. It helps both new and experienced bettors. If your first bet doesn’t win, you get extra funds to bet again. This lets you keep growing your bankroll.

Who it’s For

This $1,000 no sweat first bet is perfect for many sports fans. It’s great for both seasoned bettors and those new to sports betting. This offer lets you try out the platform and maybe even increase your winnings.

With the ESPN BET sportsbook bonus, you can bet on your first try without fear of losing everything. If you lose, you get more funds to keep betting. This gives you a chance to win from your next bets.

The ESPN BET new user promo is especially good for those wanting to get more from sports betting. By using the $1,000 no sweat first bet, you can check out the platform’s features and odds. You’ll feel secure knowing your first bet is covered.

In summary, the ESPN BET no sweat first bet is a great deal for many bettors. It’s perfect for building your bankroll and diving into sports betting with confidence. This offer gives you a strong start in the exciting world of sports wagering.

Ranking the Best Sportsbook Promotions

Finding the best sports betting bonuses can be tough. I looked at many sportsbook promotions to find the top ones. I checked the bonus value, how easy it is to get, wagering needs, and the user experience. Bonuses with easy terms, big maximums, and flexible use score high.

Criteria for Evaluating Promos

I looked at several things when picking the best sportsbook promotions:

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  1. Total Bonus Value: The bonus’s maximum amount is key. It affects how much you can gain.
  2. Wagering Requirements: How many times you must bet the bonus before cashing out wins. Lower is better.
  3. Bonus Restrictions: Limits on bets you can make with the bonus, like minimum odds or types of bets.
  4. Ease of Claim: How easy it is to get and use the bonus, including any extra steps or codes.
  5. Existing Customer Promos: Ongoing deals and rewards for regular users, not just new ones.
  6. User Experience: The quality of the sportsbook’s app and site, including streaming and support.

By looking at these things, I could rank the best sportsbook promotions and find the top sports betting bonuses. These bonuses offer great value and ease for bettors. This detailed sportsbook promo evaluation will help you pick the right sportsbook for your betting.

Sportsbook Bonus Offer Wagering Requirement Bonus Restrictions
BetMGM $1,500 First Bet Offer 1x Rollover No Restrictions
Caesars Sportsbook $1,000 First Bet on Caesars 1x Rollover No Restrictions
Fanatics Sportsbook Up to $1,000 in Bonus Bets No Wagering Requirement No Restrictions
DraftKings $300 in Bonus Bets Instantly 1x Rollover No Restrictions
FanDuel $200 in Bonus Bets 1x Rollover No Restrictions

By looking at these factors, you can pick the best sportsbook promotions and top sports betting bonuses that fit your betting needs and likes.

Tips for Maximizing Sportsbook Bonuses

As a sports bettor, I know how important it is to make the most of sportsbook bonuses and promotions. These offers can greatly enhance your betting experience. Here, I’ll share my best tips for maximizing sportsbook bonuses, getting the most from sports betting promos, and effectively using sportsbook offers.

  1. Learn the Bonus Terms: Before taking any bonus, read and understand the terms and conditions. Look closely at wagering requirements, eligible bets, and any rules on withdrawals. This helps you avoid losing your bonus.
  2. Time Your Bets Right: Many promotions have deadlines or time limits. By betting at the right time, you can make the most of the bonus and not miss out.
  3. Use Ongoing Offers: Besides welcome bonuses, sportsbooks have ongoing deals like reload bonuses and profit boosts. Keep up with these and add them to your betting plan.
  4. Look at Implied Probabilities: It’s key to understand the odds behind sportsbook promotions. This helps you see the real value of the bonus and make smart bets.
  5. Spread Your Bets: Instead of one big bet, use your bonus on several smaller bets. This lowers risk and boosts your chances of winning real money.
  6. Compare Sportsbooks: Don’t just take the first promotion you see. Look around to find the best deals for your bonus funds.

Follow these tips to make the most of maximizing sportsbook bonuses and getting the most from sports betting promos. The secret is to be strategic, informed, and disciplined with sportsbook offers. Good luck with your betting!

Conclusion

In this guide, we’ve looked at the best sports betting promos. We covered top bonuses, free bets, and risk-free wagers from big names like FanDuel, Caesars, bet365, Fanatics, DraftKings, and BetMGM. You now know how to use these offers to grow your betting money and make your experience better.

These promotions are great for both new and experienced bettors. You can find deposit match bonuses, referral programs, second-chance bets, and “Bet and Get” offers. Make sure to check the rules, wagering conditions, and when they expire to get the most out of them.

As we wrap up, I hope you understand the many sports betting promos out there and how to use them well. By staying updated and using these offers, you can make your betting better and maybe even win more. Always bet responsibly and have fun!

FAQ

What are the different types of sportsbook bonuses?

Sportsbook bonuses include free bets, deposit matches, risk-free wagers, and more. You can also find boosted odds, parlay insurance, reload bonuses, cashback offers, and refer-a-friend rewards.

What are common sportsbook promo terms I should know?

Key terms include wagering requirements, minimum odds, and allowed bet types. Also, look out for maximum bonus amounts and expiration dates.

What is the FanDuel Sportsbook “bet $5, get $200” welcome bonus?

With this offer, new customers get $200 in bonus bets if their first $5+ bet wins.

What is the Caesars Sportsbook “first bet on Caesars” offer?

Caesars Sportsbook gives new customers up to $1,000 in bonus bets if their first bet doesn’t win.

What are the two welcome offers at bet365 Sportsbook?

bet365 Sportsbook offers a “bet $5, get $150 in bonus bets” deal or a “$1,000 first bet safety net” for new customers.

What is the Fanatics Sportsbook welcome bonus?

New customers at Fanatics Sportsbook can get up to $1,000 in bonus bets as part of their welcome package.

What is the DraftKings Sportsbook “bet $5, get $300” offer?

DraftKings Sportsbook gives new customers $300 in bonus bets right away when they bet $5.

What is the BetMGM Sportsbook risk-free bet offer?

BetMGM Sportsbook offers new customers a risk-free bet of up to $1,500.

What is the BetRivers Sportsbook “second chance bet” promotion?

BetRivers Sportsbook gives new customers a bonus bet of up to $500 if their first bet loses.

What is the ClutchBet Sportsbook deposit match bonus?

ClutchBet Sportsbook offers a 100% deposit match up to $250 for new customers.

What is the ESPN BET Sportsbook “no sweat” first bet offer?

ESPN BET Sportsbook offers a $1,000 “no sweat” first bet to new customers if their initial bet loses.

What criteria do you use to evaluate and rank sportsbook promotions?

I look at the bonus’s total value, how easy it is to claim, wagering requirements, and the user experience.

What tips can you provide for maximizing sportsbook bonuses?

To make the most of sportsbook bonuses, understand the terms, check for restrictions, and time your bets to turn bonus funds into cash.

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