Best Online Sportsbooks in August 2024: Top US Sports Betting Sites

Best sportsbook promos in the US

When you're starting your search for an online sportsbook, finding a lucrative welcome bonus is a great place to begin. Receiving bonus bets, first bet insurance, or a deposit match will get your betting journey off on the right foot.

For your convenience, we've outlined 10 of the best new-user sportsbook promos in the nation. These offers give you ample opportunities to increase your bankroll:

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Best online sportsbooks reviewed

We have meticulously tested all legal U.S. sportsbooks and have narrowed the list of top candidates down to seven betting sites. All of these online bookmakers are licensed in multiple states, deliver excellent promos, and offer fair odds on a wide range of sporting events and other competitions. That said, some of them excel in specific areas.

Without further ado, we'll introduce you to our top picks and tell you what makes these online sportsbooks stand out from the rest.

1. DraftKings Sportsbook

🌟Scroll through Oddspedia's DraftKings review and DraftKings promo code articles for more intel.

2. FanDuel Sportsbook

🌟 U.S. sportsbooks don't get much better than FanDuel. For more information about the iconic operator, refer to our FanDuel review and FanDuel promo code pages.

3. bet365 Sportsbook

🌟 For more information on one of the best sportsbooks in the U.S. — and the world at large — check out our bet365 review and bet365 bonus code guides.

4. BetMGM Sportsbook

🌟If you have more questions about one of the best legal sportsbooks in the nation, sift through our BetMGM review and BetMGM bonus code guides.

5. Caesars Sportsbook

🌟 Take a look at Oddspedia's Caesars review and Caesars Sportsbook promo code pages to further acquaint yourself with the operator.

6. Fanatics Sportsbook

🌟 Our Fanatics review outlines everything you need to know about the sportsbook, while our Fanatics Sportsbook promo code guide walks you through the available bonuses.

7. BetRivers Sportsbook

🌟 While BetRivers may not have the same name recognition as FanDuel or DraftKings, it's easily one of the country's best sportsbooks. U.S. players can gather more details from our BetRivers review and BetRivers bonus code guides.

How we rate and review online sportsbooks

A lot of time and thought goes into our reviews. We follow a tried-and-true method that ensures ratings and reviews are objective, informative, and accurate.

We consider so many factors that we couldn’t possibly cover them all in this guide. However, we would like to share some of the most important points we look for when reviewing the best online sportsbooks in the U.S.:

🪪 Proper licensing: We only recommend sportsbooks that are licensed by the appropriate state regulators. We want you to bet with reliable U.S. sports betting sites that operate to the highest standards.

🌍 Betting markets: The best U.S. sportsbooks offer odds on a full range of mainstream and niche sports and leagues. Furthermore, top-tier American bookmakers provide the most betting options, including various player and game props.

📈 Odds: You have to get the best odds if you’re going to succeed in sports betting. A penny here or a dime there doesn’t mean much in terms of a single wager, but all that change adds up over time.

📺 Unique features: You’ll find that most U.S. sportsbooks offer a few standard features like cashout, bet builder, and betting statistics. However, we also look for unique perks like Instant Bet, teasers, and live streaming. The more features you can access, the more exciting the sports betting experience will be.

🤑 Bonuses and promotions: Bonuses and promotions shouldn’t be your main priority but should absolutely factor into your decision. It's important to look beyond the face value of a sportsbook promo and understand the terms and conditions. A large welcome bonus isn't so great if you have to jump through hoops to claim it.

🔒 Security: We only trust online betting sites with the tightest security. This means anti-fraud software, firewalls, and SSL encryption are must-haves. We also like to see two-factor authentication to keep you even safer.

✅ Reputation: We always check out what other experts and real users have to say about a mobile sportsbook before recommending it.

📞 Customer service: The best online sportsbooks will offer 24/7 support that can be immediately reached using live chat or the telephone. However, not all operators provide phone support. Email and social media support should also be available, along with a thorough FAQ section.

🏦 Banking and payouts: Having a diverse range of banking methods makes transactions with sports betting sites easier and more convenient. Online banking, e-wallets, credit cards, debit cards, vouchers, wire transfers, and cash at the cage should all be available to you. Furthermore, we expect to see swift withdrawal processing times from the best sportsbooks. Quick payouts earn bonus marks from us.

🎰 Other product offerings: If you like betting on sports, there’s a good chance you also enjoy other types of gambling, like poker and casino games.

How to choose the most reputable online sportsbook

When you are looking for the best U.S. betting sites, you should be sure to prioritize the following:

Security and trust

Make sure that your chosen sportsbook offers the highest levels of security, including firewalls and SSL encryption. Furthermore, you want to make sure that the brand is reputable, regulated, and known for treating its customers right.

Highly rated app

Seeing how most people use mobile devices to bet on sports, it’s crucial that a site offers an app or a top-quality mobile platform. The app should be easy to use, responsive, and full of features like bet builder, cashout, and live streaming. Make sure to check the app’s ratings at the Google Play store and the Apple App Store.

Competitive odds

Getting the best odds means that your winning bets pay the maximum. Taking advantage of the best odds can be the difference between a profitable season and a losing one. Look for odds margins in the 5% range or lower.

Strong market coverage

The more sports and betting markets you can tap into, the better your odds of finding the most profitable betting situations. The top sportsbooks in the U.S. cover a huge selection of sports and offer the most extensive betting menus.

Flexible banking

Our favorite U.S. sports betting sites have safe and convenient payment options for almost anyone. You can use a credit/debit card, e-wallet, or online banking. If you just have cash in your pocket, you can visit the cashier at an affiliated retail sportsbook.

Lucrative bonuses

A generous bonus is an easy way to add money to your bankroll. However, you must delve into the terms and conditions to determine if the offer is worth participating in. Look for low wagering requirements, soft minimum odds, and the fewest restrictions.

How to sign up with an online sportsbook

It’s easy to get started at our top online sportsbooks. Here’s how:

1. Choose the best betting site for you

The fastest, easiest, and most reliable way of finding a trustworthy bookmaker is to choose one of our featured sites. You can trust that the sportsbook will treat you fairly, offer you great odds, feature lots of betting options, and boast a full range of features.

2. Register

Once you’ve chosen your sportsbook, you can visit the site by clicking the links on this page. Then, hit the “Register” or "Join" button to launch the registration form. You'll need to provide information like your name, address, email address, and last four digits of your Social Security Number. You may have to activate your account by clicking on a link in an email or by entering a one-time PIN you’ll receive via SMS.

Some sportsbooks will prompt you for a promo code during the registration process. If necessary, input the appropriate code to snag your welcome bonus.

3. Deposit

Go to the banking section or click on your account balance. You can then select the “Deposit” option to bring up the deposit form. Simply enter the deposit amount, pick a payment method, and follow the instructions on the screen. Your deposit will appear immediately in your account balance. Make sure you put enough money in to qualify for your sportsbook's welcome offer.

4. Bet

Find the sport, league, and matchup you wish to wager on. Once you make a selection, it will automatically appear on your bet slip. You can enter the stake amount and submit the bet or continue to add more picks to create a parlay or combination bet. Once again, make sure you're wagering enough on your first bet to qualify for the sign-up bonus.

5. Withdraw

With a little luck, you will be in the exciting position of cashing out your profits. Go to the cashier, select the “Withdraw” option, enter the amount of money you want to take out and choose your withdrawal method. Your money will be on the way once the sportsbook has processed the request.

Popular sports available at online sportsbooks

U.S. sportsbooks offer a massive range of sports for players to bet on. While international and niche markets are available, North American leagues remain the most popular with bettors.

NFL 🏈

In America, the National Football League attracts the most betting action of any sport. Even the offseason generates a staggering amount of futures bets, like conference winners, the Super Bowl winner, draft outcomes, and player awards. In terms of pre-match betting, some of the most popular wager types include spreads, totals, moneylines, correct scores, first-half winners, and more.

NBA 🏀

One of the most enjoyable aspects of NBA betting at top U.S. sportsbooks is the diverse range of options. You can bet on individual players to achieve certain feats, like recording a certain number of points, assists, or even fouls. Of course, the NBA isn’t the only game in town. The best online sportsbooks also cover the WNBA, NCAAB, and the many other professional leagues that operate around the globe.

MLB ⚾

MLB is the most frequently wagered American sport during the summer months. When you consider the vast number of futures bets available in the offseason, you can bet on baseball all year long. Let’s not forget that the best MLB betting sites also offer odds on other professional leagues like Korea’s KBO, Japan’s NPB, and Taiwan’s CPBL.

NHL 🏒

Hockey keeps the best sportsbooks pretty busy during the winter. Top NHL betting sites offer the sharpest odds on the widest range of hockey wagering options. NHL bettors like gambling on moneylines, pucklines, game totals, player props, double chances, and exact scores.

College football 🏈

College football is arguably just as popular as most other major American sports leagues. You’ll discover that most online sportsbooks offer just as many betting options for NCAAF games as they do for NFL games. Just be aware that college football betting sites face restrictions on what types of wagers they can accept in certain states.

College basketball ⛹️

Few sporting events can rival March Madness in terms of betting volume. If you’ve ever wagered on the tournament, you know it is loaded with excitement and upsets. The tourney is such a major event that most leading college basketball betting sites have special March Madness offers. If you're particularly interested in betting on this marquee event, check out our list of the best March Madness betting sites.

Soccer ⚽

Soccer is the most widely followed sport in the world. Bettors can choose from over 100 leagues ranging from the most popular to the most obscure. On top of that, soccer betting menus tend to offer more betting options compared to other major sports.

Best sportsbooks in the U.S. by category

All the online sports betting sites we've mentioned in this guide are worth your time, but they all have different strengths. Here's which sportsbooks take the cake in the categories that matter most to Americans.

Best sportsbook for NFL betting: FanDuel

As mentioned at the beginning of this guide, we have chosen FanDuel as the best NFL betting site. Great odds and loads of NFL betting markets go together like chocolate and peanut butter. And with the free live streaming, you can cancel that expensive NFL streaming subscription.

FanDuel’s steady stream of promotions gives you more ways to earn money through offers like bonus bets, bet insurance, and odds boosts.

Best sportsbook for mobile betting: DraftKings

Most betting apps are very similar except for the color schemes. Nevertheless, we think the DraftKings app offers the most enjoyable and complete mobile sports betting experience. As long as you have internet service and are within the brand’s legal state boundaries, you can do everything on the go.

Claim bonuses, find boosted odds, place your bets, and stream live action, all from the convenience of your cell phone or tablet. You can also deposit and withdraw on mobile. The DraftKings Sportsbook app makes it all very easy, and nothing is more than one or two taps away.

Best sportsbook for odds: BetRivers

Average odds margins for mainstream events like MLB, NBA, NFL, and EPL tend to come in under 5% at BetRivers. We found a lot of bets had odds margins priced at a little over 4%. Those odds are beyond competitive. Remember to take advantage of daily specials for even better odds.

To be fair, those excellent odds don’t apply to everything. If you bet on props and other secondary markets, including niche sports, expect to face margins exceeding 10%, which is common in the sports betting industry.

Best sportsbook for bonuses and promotions: BetMGM

There are a lot of great bonuses waiting for you at the top U.S. online betting sites, but BetMGM has a particularly high maximum value on its welcome bonus. If your first bet loses, BetMGM will refund your full stake in bonus bets, up to $1,500. On top of that, the site always has several ongoing promotions, including profit boosts, early payout, and contests.

We didn’t judge these offers strictly based on size. We scrutinized the T&Cs and found them to be player-friendly.

States with legal sports betting

With a couple of exceptions, legal sports betting has only been around in the United States since 2018. Several states were quick to embrace it, while others have approached it more cautiously. Currently, sports betting is legal in 38 states (along with DC and Puerto Rico).

How to bet on sports online

Before you can start placing your wagers, you'll need to understand what types of bets are available to you. Here are the most common ones you'll find at U.S. sportsbooks:

Moneylines

This is the easiest bet to understand. All you need to do is predict the winner of the match.

Spreads

With a spread, the favorite must win by a certain number of points. On the flip side, the underdog must keep the score within a certain range. If one team is listed as a 7.5-point favorite they need to win by at least eight points. Those who wagered on the underdog would need them to win, tie, or lose by seven points or fewer.

Totals

The total typically refers to the number of points that two sides must combine for in a match, although it can also apply to quarters and halves. If the bookmaker sets an NBA game total at 205.5, then a combined score of 206 or higher would cash the over, while a combined score of 205 or lower cashes the under.

Props

Prop bets pertain to events that happen within the game. A popular NBA game prop is wagering on the final score to be an odd or even number. Betting on the number of yellow cards in a soccer game or the number of shots on goal in a hockey game are other examples of game props.

Player props refer to wagers made on specific players to hit certain milestones like points, touchdowns, goals, or assists.

Parlays

You can combine multiple individual bets (known as legs) to form a parlay. You can mix and match almost any betting market. The catch is, you need all of the selections on your parlay to win. Just one wrong prediction kills the ticket. On the upside, parlays can offer very large payouts.

U.S. sports betting summary

Responsible gaming resources at online sportsbooks

U.S. sportsbooks offer a variety of responsible gambling resources. After you sign up, you should immediately go to the responsible gambling section of your player profile and set daily, weekly, and monthly spending limits.

You can take a brief timeout or temporarily exclude yourself if things are starting to get out of control. If your gambling health is deteriorating, we suggest reaching out to one of the U.S. gambling support groups listed below:

• National Council on Problem Gambling
• Responsible Gambling Council
• Gamblers Anonymous
• Gam-Anon
• International Center for Responsible Gaming
• National Association of Administrators for Disordered Gambling Services
• GamTalk

Best sports betting apps by state

This guide has focused on the best sportsbooks through a national lens. If you're looking for the best betting apps for your specific region, check out the following links:

Best sportsbook promos by state

Sportsbook bonuses vary from location to location. A specific sportsbook might even switch up its promotions depending on what state you're in. Here's a breakdown of all the best deals by locale.

Best online sportsbooks FAQs