Sportsbook Bonus Percentage Turnover Min. deposit Min. odds Go to sportsbook T&C
Get your bonus up to $1500 100% 1x Bonus $10 1
Claim bonus
Place your first wager and receive up to $1,500 back in Bonus Bets if the bet loses. If the bet does lose, your Bonus Bets will be available once your initial wager is settled. Must be 21+ and located in VA. T&Cs apply. Gambling problem? Call 1-800-GAMBLER VA. Please Gamble Responsibly!
Get your bonus up to $200 4000% 1x Bonus $10 1
No code required Claim bonus
New customers only. Deposit min $10. Place first bet of min $5 and get $200 in bonus bets if wager wins (within 72 hours). 21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.
Get your bonus up to $150 3000% 1x Bonus $10 1.2
Claim bonus
Or you can choose "First Bet Safety Net up to $1000" offer. New 21yo+ customers only, physically located in VA. T&Cs, time limits and exclusions apply. Gambling problem? Call 1-800-9-WITH-IT
Get your bonus up to $1000 100% 1x Bonus $10 1
Claim bonus
If your wager is unsuccessful, Caesars Sportsbook will refund the full amount of your initial wager, up to a maximum of $1,000, back as one bonus bet. If your first wager wins, the offer is void. Must be 21+ years of age and physically present in VA. T&Cs apply.
Get your bonus up to $500 100% 1x Bonus $10 1.5
Claim bonus
Payout on Free Bet wagers includes profits only(stake not returned). Must be 21+ and present in VA. T&Cs apply.

Regularly seen on:

  1. Daily Odds Boosts
    Min. odds -300. Certain exclusions apply. T&Cs apply.
    No code required Claim bonus
    Min. odds -300. Certain exclusions apply. T&Cs apply.
  2. Parlay Insurance
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  3. Loyalty Bet Credits
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  4. Refer-A-Friend
    Up to 20 total referrals per month. T&Cs apply.
    No code required Claim bonus
    Up to 20 total referrals per month. T&Cs apply.
  5. Odds Boosts
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  6. Refer-A-Friend
    Min. wagering requirements apply. Occasionally FanDuel will up the amount to $100. T&Cs apply.
    No code required Claim bonus
    Min. wagering requirements apply. Occasionally FanDuel will up the amount to $100. T&Cs apply.
  7. Parlay Insurance
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  8. Odds Boosts
    Only available to new and eligible customers. T&Cs apply.
    No code required Claim bonus
    Only available to new and eligible customers. T&Cs apply.
  9. Refer a friend
    You can take advantage of this bonus multiple times. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    You can take advantage of this bonus multiple times. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  10. Extra Time Extra Chance
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  11. 0:0 Insurance
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  12. Early Payout
    Applicable to selected soccer competitions, NBA, NCAAB & Ice Hockey. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    Applicable to selected soccer competitions, NBA, NCAAB & Ice Hockey. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  13. NBA Early Payout
    Pre-match ML markets on any NBA game prior to the Play-Offs. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    Pre-match ML markets on any NBA game prior to the Play-Offs. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  14. Tennis Retirement Guarantee
    Pre-match ML market for Singles from selected ATP events and any WTA and Grand Slam events. Only available to new and eligible customers. Bet restrictions and T&Cs apply. Winnings paid as Bonus Bets.
    No code required Claim bonus
    Pre-match ML market for Singles from selected ATP events and any WTA and Grand Slam events. Only available to new and eligible customers. Bet restrictions and T&Cs apply. Winnings paid as Bonus Bets.
  15. Multi-sport ACCA Boost
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  16. Soccer ACCA Boost
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  17. 2 Goals Ahead Early Payout
    Pre-match selected soccer competitions. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    Pre-match selected soccer competitions. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  18. Refer-A-Friend
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  19. iRUSH Rewards
    Full benefits info on www.betrivers.com T&Cs apply.
    No code required Claim bonus
    Full benefits info on www.betrivers.com T&Cs apply.
  20. Refer A Friend
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  21. Refer A Friend
    Claim bonus
  22. "House Specials" odds boosts
    Claim bonus
  23. Refer-a-Friend
    Max. referral bonus $500. T&Cs apply.
    No code required Claim bonus
    Max. referral bonus $500. T&Cs apply.
  24. Ticket Giveaways
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  25. Sports Loyalty Bonuses
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  26. Shootout Protection
    Up to $100 per game in Bonus Bets! T&Cs apply.
    No code required Claim bonus
    Up to $100 per game in Bonus Bets! T&Cs apply.
  27. 50 Point Special
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  28. Betway Uber
    New players only from NJ. Min. odds -120 or less. T&Cs apply.
    No code required Claim bonus
    New players only from NJ. Min. odds -120 or less. T&Cs apply.
  29. Live Wednesday
    Min. odds -200 or greater. T&Cs apply.
    No code required Claim bonus
    Min. odds -200 or greater. T&Cs apply.
  30. Betway Boosts
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  31. Parlay Club
    Parlay min. odds +200 or higher. T&Cs apply.
    No code required Claim bonus
    Parlay min. odds +200 or higher. T&Cs apply.
  32. Refer-A-Friend
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  33. FanCash Rewards
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.

Regularly seen on:

Right now there are no free bets for the selected criteria

Regularly seen on:

  1. Profit Boost
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  2. Daily Enhanced Odds
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  3. Bet Boosts
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  4. Odds Boosts
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  5. Odds Boosts
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.

Regularly seen on:

Almost every single online sportsbook in the U.S. will offer sports betting bonuses to its customers. These can vary in the amount of money on offer, how you claim them, and how to withdraw your winnings. There is a lot of information to navigate but thankfully, I've done the hard work for you.

I've spent hours looking through the best sportsbooks in the U.S., as well as analyzing some of the lesser known names, to make sure everything you need to find the best sportsbook bonus for you is on this one page.

There's a lot to take in and a lot of bonus money up for grabs, so you could come away with multiple offers to claim! I've done the rounds and signed up to pretty much all of the online sports betting sites available, and I'm jealous of anyone who has their pick of these sportsbook bonuses as they can sign up for as many as they want.

Best US sportsbook bonuses

To create a comprehensive list of the best betting offers in the United States, I collaborated with the dedicated team at Oddspedia. We conducted a thorough assessment of each betting site, carefully examined various sportsbook bonuses, and analyzed a variety of sportsbook promo codes. This process involved a detailed review of the steps associated with welcome bonuses and a comprehensive check of the expiry dates for all sportsbook bonuses. After evaluating numerous betting promotions, I am confident that the Oddspedia team and I have identified the solutions you're looking for.

Top 5 sportsbook promos

Best for low depositbet365 Bet $5, get $150 or $1,000 First Bet Safety Net
Best for bonus amountCaesars Sportsbook$1,000 first bet on Caesars
Best for ease of useBetMGM$1,500 back in bonus bets
Best for simplicityDraftKingsBet $5, get $150 in bonus bets
Best all aroundFanDuel Bet $5, win $200 in bonus bets

Caesars Sportsbook Promo

$1,000 First Bet on Caesars
If your wager is unsuccessful, Caesars Sportsbook will refund the full amount of your initial wager, up to a maximum of $1,000, back as one bonus bet. If your first wager wins, the offer is void. Must be 21+ years of age and physically present in VA. T&Cs apply.
USA USA players are accepted
Claim bonus

The Caesars Sportsbook new customer offer is certainly a top tier sportsbook bonus. The $1,000 first bet on Caesars is available to all new customers who use the code ODDSBONUS1000. You can read Oddspedia's Caesars Sportsbook promo code guide to get all the information you need to claim this offer. In short, if you place your first bet on Caesars and it doesn't win, you will be credited your full stake (up to $1,000) as bonus bets.

There is a lot more sports betting bonuses at Caesars Sportsbook beyond its welcome offer. You can get additional bonus bets, odds boosts, parlay insurance as well as many other sports specific offers. If you're looking for more reasons to join, you can read Oddspedia's Caesars review

  • Avg. Payout: 94.81%
  • Payout speed: 1-5 days
  • Sign Up Bonus: $1,000 First Bet on Caesars

DraftKings Sportsbook Promo

Bet $5, Get $150 in Bonus Bets
Regardless of the outcome of the wager the bonus will be awarded as six(6) $25 Bonus Bets. Bonus bet amounts not incl. in winnings derived from bonus bets. Must be 21+ and located in VA. T&Cs apply.
USA USA players are accepted
No code required Claim bonus

DraftKings is offering one of the best sportsbook bonuses around – a bet $5, get $150 in bonus bets reward. After depositing and wagering at least $5 on any sports market you desire, you'll receive $150 in non-withdrawable bonus bets. The reward comes as six $25 bets.

Oddspedia's in-depth DraftKings review has plenty more information on what one of the biggest names in the industry has to offer. For me, the DraftKings promo code offer is more than enough to get going.

  • Payout speed: 1-5 days
  • Sign Up Bonus: Bet $5, Get $150 in Bonus Bets

bet365 Sportsbook Promo

Bet $5 & Get $150 in Bonus Bets
Or you can choose "First Bet Safety Net up to $1000" offer. New 21yo+ customers only, physically located in VA. T&Cs, time limits and exclusions apply. Gambling problem? Call 1-800-9-WITH-IT
USA USA players are accepted
Claim bonus

If you're looking for one of the best sportsbook bonus codes in the world of legal sports betting, look no further than bet365. If you use Oddspedia's bet365 bonus code ODDSBONUS (or ODDS365 for NJ and CO), you can get to choose between two amazing welcome offers. With the first, you can receive $150 in bonus bets with just a $5 wager. After you place your first $5 bet with the online sportsbook, you’ll automatically be credited with $150 in bonus bets. The second bet365 welcome bonus refunds you up to $1,000 if your first wager loses.

One of the reasons I love betting with bet365 is the all-round experience you get from the sportsbook. Odds are always competitive, there is a huge list of sports and market options, and the live betting product is probably the best there is. You can get boosted odds every day of the week and take advantage of early payout offers across most sports.

If you want more information on exactly what bet365 has to offer, you can read the detailed bet365 review on Oddspedia.

  • Avg. Payout: 94.6%
  • Payout speed: 1-5 days
  • Sign Up Bonus: Bet $5 & Get $150 in Bonus Bets

FanDuel Sportsbook Promo

Bet $5, Get $200 in Bonus Bets
New customers only. Deposit min $10. Place first bet of min $5 and get $200 in bonus bets if wager wins (within 72 hours). 21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.
USA USA players are accepted
No code required Claim bonus

FanDuel is well known for delivering when it comes to supplying its customers with top quality promotions. You can get a fantastic welcome bonus without even using a FanDuel promo code. If you deposit funds of at least $10 after opening your FanDuel Sportsbook account and bet $5, you will get $200 in bonus bets should that qualifying wager win.

I’ve also found that there is a lot more boosted odds on the FanDuel sportsbook compared to many other betting sites. The sign-up offers are great, but there is also a lot of value in these types of ongoing promotions. Oddspedia's FanDuel review highlights plenty of these extra value adds that you can get if you join the site.

  • Avg. Payout: 94.62%
  • Payout speed: 1-5 days
  • Sign Up Bonus: Bet $5, Get $200 in Bonus Bets

BetMGM Sportsbook Promo

Up to $1,500 back in Bonus Bets
Place your first wager and receive up to $1,500 back in Bonus Bets if the bet loses. If the bet does lose, your Bonus Bets will be available once your initial wager is settled. Must be 21+ and located in VA. T&Cs apply. Gambling problem? Call 1-800-GAMBLER VA. Please Gamble Responsibly!
USA USA players are accepted
Claim bonus

As one of the most well-established online betting sites in the U.S., BetMGM has a history of offering some of the best sportsbook promos. In terms of the amount on offer, no one comes close. You can get up to $1,500 in bonus bets if you first wager with the sportsbook loses. Just remember to enter BetMGM bonus code ODDSBONUS.

  • Avg. Payout: 94.1%
  • Payout speed: 1-5 days
  • Sign Up Bonus: Up to $1,500 back in Bonus Bets

Best sportsbook promos this week

Along with the cool welcome bonuses at various online sportsbooks, there are tons of other promotions happening this week. The best part? You don't even need any sportsbook promo codes to cash in on these goodies. While I can't dish out every single one, here are a few awesome offers I'll be snagging in the next seven days.

FanDuel Spread the Love Wild Card Weekend

For every 500 people who bet on a team, the line actually moves in their favor by one point. Which is an amazing way to win your playoff bet. You might even end up with a massive +50.5 point spread. It's just another reason why FanDuel truly cares about its customers.

BetMGM Get a Bonus Bet

This NBA deal gives you a $2 bonus bet for every point your player goes over their point total. This promotion could truly make it rain bonus bets.

DraftKings Sportsbook NFL 30% Boost Pack

By opting in, you can get three 30% profit boosts with DraftKings! You can use one for all-purpose, one for a four-plus-leg parlay, and one for a four-plus-leg same-game parlay!

BetRivers squares

You can enter a special addition of the BetRivers Squares game this weekend for NCAAF and NFL. If you place $10-$24.99 in same game parlay wagers you will receive one entry. If you wager $25 to $49.99 on same game parlays you will get two entries and $50+ will get you three entries. 

Squares games will feature 100 unique squares, with one square being a winner. Each winning square will earn you a bonus bet or bonus money, and it could be worth up to $10,000. If you want more information on how the Squares game works, you can read Oddspedia's BetRivers bonus code article.

How we pick the best sportsbook promotions

Undoubtedly, it demands both time and dedication to navigate through the numerous sports promotions and bonuses that are on offer. Identifying those that bring the greatest advantages to sports bettors necessitates meticulous scrutiny. This evaluation encompasses the scrutiny of the offered sum, the mechanics underlying the promotion, the simplicity of its claiming process, any supplementary requirements bettors must meet, and the timeframe within which the bonus funds are distributed.

Oddspedia boasts an extensive team of experts with vast experience in the sportsbook betting industry. They have delved deep into the intricacies of bonus creation and management, acted as professional bettors, and acquired thorough knowledge of offer details to outsmart the system. Their expertise shines through in the extensive educational materials they have compiled, covering every aspect of sports betting.

This team works together to conduct meticulous research, with the help of Oddspedia's thousands of sports betting data points, to determine which offers are worth claiming and which ones provide the best chance of giving you a positive return on your investment. Thanks to its work with betting sites, Oddspedia can also provide exclusive sportsbook promo codes to ensure you get the best possible sports betting bonuses.

How to use sportsbook promos

It is vital to not only browse through various sportsbook promo codes and bonuses, but also to understand how to effectively utilize these promotions. Unfortunately, this crucial step is often underestimated or disregarded.

Without proper knowledge on how to maximize the potential of deposit bonuses or bonus bets, you may not be able to fully take advantage of the value they offer. That's why I have dedicated time to provide a detailed breakdown of the steps required to claim these offers. By following these steps, you can truly optimize the benefits these promotions provide.

1. Choose your sportsbook promo

Once you have navigated the sea of sports betting promo codes and found the sportsbook bonus you want, you then must begin the important task of following the correct steps to claim the offer. Fortunately, most sportsbook promos follow very similar steps to get your bonus money.

2. Register

It seems obvious, but you do have to sign up to an online sportsbook and become a customer to get any sports betting promo. Completing a sign-up form for an online sportsbook is usually straightforward. Just enter some personal details, confirm your identity, and protect your account with a password and you're pretty much there. Most sportsbook promo codes or bonus codes will have to be entered at this stage so make sure you have checked Oddspedia and got the right promo code before continuing.

3. Check T&Cs

Sports betting is like any other service in that there will be terms and conditions that you have to agree to before being able to open an account. I know many people tick those boxes without really paying attention, but I cannot stress enough the importance of checking the T&Cs before trying to claim your bonus.

I've come across folks who attempt to cash out sportsbook bonuses, only to discover the requirements they need to fulfill to unlock the advertised bonus money. A reminder, promotions should never be seen as free bets without any risk. Every aspect of sports betting involves taking a chance, and you should view sportsbooks' bonus offers as part of this exciting gamble.

4. Deposit

There are some instances where you can get a bonus without depositing but this is a rare occurrence. Adding funds to your sportsbook account is a critical step in being able to get the promos and bonuses from any of the top sportsbooks, even if you've entered a promo code.

The required deposit amount will vary, and it can be as little as $5 or $10. However, if you want to claim the full sign-up bonuses at Caesars Sportsbook then you will have to deposit $1,000.

5. Bet

Once you've signed up with your promo code (if applicable), have a full understanding of the T&Cs and have made the required deposit, you are then ready to place your bet and get your bonus. Some deposit match offers may not require this step and you might have extra funds already, but if you do need to place a wager, like with the Caesars first bet offer, make sure you know how much you need to bet to get the most out of the promotion.

Types of sportsbook promotions

Sportsbook bonuses are a huge part of legal online sports betting in the US, and many other parts of the world. Whether you're new to betting or looking to create an account with another betting site, people are constantly looking for the best sportsbook promotions or latest sportsbook promo codes.

An important step in finding a good sportsbook bonus is knowing more about all the different types of sportsbook promotions. That's why I've detailed them below.

Sign-up bonuses

There are many different sportsbook promos that will be classed as sign-up bonuses. This is a catch all term for all the sportsbook bonuses that are offered as part of a sign-up incentive, and they are often called a welcome bonus. That means you only qualify if you are a new customer. You are no longer eligible to claim sign-up bonuses once you are a customer, so make sure you take advantage of the new customer betting promotions on offer once you join.

Deposit bonuses

A deposit bonus, or deposit match bonus, is one of the most common sportsbook promotions. It works by either matching your first deposit or part of it. The funds that you get as part of this type of sportsbook bonus will often come back as bonus bets or bet credits (we'll get into those shortly). An example of a deposit bonus would be if you deposit $100 with a 100% match, you'd obtain an added $100 for wagering.

Where sportsbooks may not always offer a 100% deposit bonus, I would advise that you always carefully look at exactly what is being offered. Even if it's 20%, this still could be advertised as a "deposit match bonus".

No deposit bonuses

No deposit offers used to dominate the world of sportsbook bonuses, but this has changed dramatically in recent years. It's now exceedingly difficult to find sportsbook promos that don't require a deposit to get the reward. The exception here is when states are preparing to launch legal sports betting, the betting sites that are going live will sometimes start with welcome bonuses that do not require a deposit.

The most recent example of these are the sportsbook bonuses that were made available when Kentucky was about to launch online sports betting. You can see some examples of these below.

SportsbookNo deposit bonus examplePromo code
DraftKings$200 in bonus betsNo code required
FanDuel$150 in bonus betsNo code required
BetMGM$150 in bonus betsODDSBONUS

Bonus bets

Promotional bets have swiftly emerged as the preferred choice among sportsbooks. These promotions provide bettors with exceptional value, often allowing them to receive returns well beyond their initial deposit or wager. At times, the rewards can be as high as a staggering 4000%!

Bonus bets can be offered as part of a welcome package or as a token of appreciation to loyal customers. They are credits that can be used for placing bets, ranging in value from 5 to 50 (occasionally, sportsbooks may even offer multiple $50 bonus bets simultaneously).

In terms of functionality, bonus bets operate similarly to regular wagers, with one key distinction – the stake is provided in the form of credit. Consequently, if your bonus bet is successful, you will only receive the profit as withdrawable funds, rather than the initial stake and the profit combined. It is crucial for anyone considering the pursuit of sports betting promotions offering bonus bets to carefully review the wagering requirements. In some cases, there may be restrictions on minimum odds or the necessity to wager the funds multiple times before they can be withdrawn.

Bet credits

As previously mentioned, bet credits are similar to bonus bets. In fact, they often refer to the same thing with the name simply varying based on the sportsbook's preference. They function as an account credit, an amount you haven't deposited from your own funds, which can be used for betting, and any profit made is yours.

Though it's common for betting credits and promotional wagers to be interchangeable terms, I would strongly advise reviewing the terms that apply to your bet credits as they may be different to bonus bets you have used at another sportsbook. And vice versa. It is also important that you don't treat wagers that are used to earn bet credits as a risk free bet. That first bet has cost you money and you should see that as part of the cost of getting your bet credits.

You can currently get $150 in bet credits after betting just $5 with Oddspedia's bet365 bonus code. If you enter the code ODDSBONUS (or ODDS365 for NJ and CO) when signing up, you will automatically qualify for this offer and get $150 in credit added to your account after placing your first $5 wager.

Second chance

A second chance offer is a promotion that features bet insurance. This is when a sportsbook provides you with another shot at placing a successful bet after an initial wager. This type of promotion only applies when you lose a bet. The offers become invalid if the bet you are placing as part of the promotion wins. Once your initial wager is settled as lost, the sportsbook matches the original stake (up to a specified amount) and credits it back, giving you a "second chance".

Currently, BetRivers is one of a few sportsbooks that offers a second chance bet. If you use Oddspedia's exclusive BetRivers bonus code ODDSPEDIA when you sign up, your first bet of up to $500 will be covered as part of the second chance offer.

Reload bonuses

Reload bonuses are like deposit bonuses, but they tend to target existing customers. The reload bonus doesn't apply to your initial deposit but for when you top up (or "reload") your account balance.

The value of a reload bonus and how often you can get them will usually depend on your level of loyalty to a specific sportsbook. The more bets you place and the more money you wager, the more likely a sportsbook is to reward you with a reload bonus. Typically, they are a percentage of account deposits (around 10-20%), but they can go up to 100%.

Odds boosts

Odds boosts are another great innovation in the world of legal online sports betting. This type of sportsbook bonus enables you to increase ("boost") the odds for a bet you want to place to increase your profit if the bet wins.

You won't normally have to use a promo code to claim odds boosts, they will just be available in your sportsbook account once you have signed up and started betting. They may not be as appealing as the big deposit match offers, but odds boosts are a great way to get even more out of your experience with a sports betting site.

DraftKings is one of many sportsbooks that will give you an allocation of bet boosts to use over a week. These are highlighted in specific markets, and you can simply apply the boost to a qualifying wager and get up to 25% additional profit.

Bet insurance

Bet insurance can work in the same way as second chance bets when offered as part of a welcome bonus, much like the $1,000 first bet on Caesars offer. However, they can also be applied to normal wagers as an existing customer. Parlay insurance is one example of this where if you a single bet has multiple selections, you can get your stake back as a bonus bet if only one of those selections lets your bet down.

Loyalty bonuses

Loyalty is a massive thing in online sports betting and it's another way that you can get a bit more bang for your buck as a customer. Whether it's additional bonus bets with Caesars Sportsbook or the chance to win tickets or resort visits with BetMGM, there are plenty of loyalty bonuses that you can take advantage of.

Sometimes these are offers open to all existing customers, but you will often find you get more offers and more valuable incentives if you bet more with these online sportsbooks.

Referral bonuses

When seeking a quality sportsbook referral bonus, players can expect to find enticing rewards for both themselves and their friends. These bonuses serve as powerful tools for attracting new users, fostering a sense of camaraderie, and encouraging existing customers to engage in active promotion. With the lure of free bets, cash rewards, or additional bet credits, the best sportsbook referral bonuses not only solidify customer loyalty but also promote a vibrant, interconnected community within the sports betting platform.

One piece of advice I would give is to think about when you are claiming an offer. Sportsbook will likely enhance their promos around marquee events. That's why the best Super Bowl betting promos are sometimes even better than the normal bonuses you get from betting sites. 

How do sportsbook bonuses work?

Different online sportsbooks will offer different types of offers. Whether it's deposit bonuses, welcome bonuses, bonus bets, a deposit match, whatever it might be. One thing you have to do is know how these sports betting promos work. It's not just a case of entering your sportsbook promo codes and away you go.

There might be specific terms and conditions or requirements that could lead to a surprise later down the line. I've experienced it in my early days when I went to withdraw some of my winnings, only to realize I hadn't met certain requirements with different sign-up bonuses.

You might be drawn into the big money figures, but I honestly think that only the best sportsbook promotions have limited requirements attached and make things super clear when you are trying to claim them. I've explained some of the things you might encounter when looking at sports betting promos to help you understand more.

Minimum odds

Minimum odds are one of the most common things you'll see in the T&Cs of sportsbook promos. These are applied to stop customers from just taking the funds from the bonus and withdrawing them straight away. I have to say, the minimum odds applied are usually fair, often in the region of -500 or more. If you regularly bet the spread or total on NFL odds or NBA odds, then this won't be a problem. This is because these markets are usually prices around -110.

Minimum deposits

As you will have seen from the detail behind most of the sportsbook promo codes in this article, there are only a few cases where you don't have to deposit to claim the bonus. Some like FanDuel Sportsbook and DraftKings Sportsbook will be very low minimum deposits ($5), while deposit match offers require more to get the full extent of the bonus.

Playthrough requirements

In addition to minimum odds, some online sportsbooks will add playthrough requirements as a form of protection against bonus abuse. This works by making customers bet the bonus funds a certain number of times before it can be withdrawn. So, if you have $100 deposit bonus, you may then have to play through it five times (shown as "5x playthrough"). This means you have to wager a total of $500 before you can withdraw any of the money out of your sportsbook account.

Rollover requirements

Rollover requirements are very much the same as playthrough requirements. The difference is that playthrough is the total amount while rollover is how many times you have to wager the bonus money. Once you have your bonus bet or claimed your deposit match, you then might have to roll the funds over a certain number of times. If you see a "3x rollover requirement" on a sports betting site and you have $50 in bonus funds, you then have to wager a minimum $50 three times over to be able to withdraw any money from your account.

Offer expiry

It's common for sportsbook promotions to have an expiry date. Betting sites only see the benefit of the bonuses they provide once you start betting and one way to encourage that is to put an expiry on the offer. You normally have around 30 days after opening your account to claim your bonus. Once bonus bets are added to your account, you will likely have to use them within seven days.

Why do sportsbooks offer promotions?

The number of online sportsbooks in the U.S. make it an incredibly competitive market. This is great news for bettors as the companies are then vying for your business and competing to get you to sign up and bet with them. This is why there seems to be an endless supply of sportsbook promo codes.

The thinking behind offering a sportsbook bonus is that it will get you to try the product and from there, the experience and quality of product offering will encourage you to stick around and continue to use the services offered. I've experienced this firsthand; I've signed up to some sportsbooks with the intention of not using them long term only to then realize how good they are. I might have signed up to get a welcome bonus and only use my initial bonus bets, but I'm still betting with those sportsbooks’ years later.

Promotions by state

One thing that makes the U.S. slightly different to other countries is that the legal sports betting framework means each state will have slightly different rules. This means that sportsbook promos can different slightly from state to state. Oddspedia has conducted thorough research to put together a breakdown of the best sportsbook promotions for each state that offers legalized online sports betting to help working through this information as easy as possible.

Live now: North Carolina sports betting

On March 11, 2024, legal online North Carolina sportsbooks went live in the Tar Heel State, bringing with them a plethora of North Carolina sportsbook promos. Eight operators are currently taking wagers in the state: bet365, BetMGM, Caesars Sportsbook, DraftKings, ESPN BET, Fanatics, FanDuel, and Underdog Sports.

As for bonus specifics, each of these North Carolina betting apps is now providing quality post-launch promos. Just remember that you must claim these offers quickly since they'll only last for a limited time.

Promotions by sport

When you use sportsbook promo codes to get a deposit match or bonus bet, you will usually have the freedom of choice with what sport to bet on. That said, sports betting sites do also offer plenty of sport-specific promotions that you can use. I've found that the offers are at their best at the start of the season, but most sportsbooks will offer some form of promotion for every major sport if there is action on the field, court, or ice.

NFL promos

You can use any of the sports betting bonuses listed above on the NFL. You can also unlock additional NFL promos once you have signed up and started betting with some of the best football betting sites

bet365 has a great early payout offer where if your NFL selection goes up by 17, the bet will get paid out as a winner. If it's part of a parlay, that selection will still count as a winner in your wager. You can also get boosted odds at bet365 on the NFL with an incredible 70% parlay boost offer.

Although it's not one of the consistent promos and bonuses, I do really like BetMGM's favorite team offering. Just choose who your favorite team is in the NFL and BetMGM will give you special offers for games involving that team, as well as the odds bonus bet to use those games.

NBA promos

The NBA regular season is yet to get going so there isn't much in the way of confirmed bonuses and promos from sportsbooks. If we use last season as the benchmark, you can expect just as much as the NFL when it comes to special offers from the best NBA betting sites. FanDuel came through with No Sweat tokens for specific games, as well as additional profit boosts on single wagers or parlays. Other sportsbooks will also likely run many of the same offers as last season, with bet365's early payout if your team takes a 20 point lead one of the standout promotions for me.

NHL promos

In the NHL, we're in a similar situation as the NBA. We're waiting on the season to get going, and normally, promos and bonuses are only confirmed a week or so out from the action getting under way. If you bet with some of the best NHL betting sites from the start of the season, you will likely find offers applied to your first bet, and there will also be plenty of second chance bets on the table from the likes of FanDuel, DraftKings and BetRivers. Profit boosts from these sportsbooks, as well as bet365, DraftKings and Caesars Sportsbook are also very much expected.

MLB promos

As we get to the crucial part of the MLB season, there are plenty of promotions to choose from. Once you have signed up to any of the best MLB betting sites, you won't need any kind of promo code to claim the bonuses, these are available to all customers. You can get 50% extra profit with BetMGM and a 70% parlay boost on bet365. If you're looking for second chance bets, then DraftKings Sportsbook is the place to go, with No Sweat tokens that can be used on your chosen MLB.

You can also earn more bonus bets on the FanDuel sportsbook through the Dinger Tuesday promotion. Place a $25 wager on a player to score a home run and you will earn a $5 bonus bet for every home run hit in that game. BetRivers is one sportsbook where you can get bet insurance and second chance bets on MLB. If you place a parlay with four or more selections, the sportsbook with refund your stake if one leg loses.

Savvy sports bettors can also take advantage of bet365's early payout offer in MLB. If the team you bet on takes a five-run lead, then your bet will automatically be settled as winner. It doesn't matter if a team is able to turn it around and get the win after trailing by five, your bet will still be classed as a win.

NCAA promos

We've already seen bet365's early payout offer come up a couple of times, and this is one that you can also use for betting on college football. If your team goes 17 points up, you wager will be settled as a winner. 

If you're looking for more NCAAF bonuses, you can check out Oddspedia's list of the best college football betting sites.

Most of the top college basketball betting sites will put on free games for things like March Madness. Normally, some kind of free to enter bracket prediction contest that has $100,000s in prize money if you somehow manage to get it right.

Pros and cons of using sportsbook promos

The pros of using a sports betting bonus are quite clear. Getting additional funds to use the service is a fantastic way to get to know the online sportsbook you're betting with, while also boosting your chances of making a potential profit.

In my experience, the cons of bonuses and online sports betting only really comes down to whether you have fully understood the terms and conditions of the offer. I have been frustrated about playthrough requirements or not meeting minimum odds with my bonus bets, but had I taken the time to understand that those terms were part of the promotion, then it wouldn't have been a problem.

Sportsbook bonuses: Key information

Now that we've looked through all the best sportsbook bonuses, it's time to summarize the key information. There seems to be a constant supply of promo codes and bonus codes, first bet offers, second chance bets, and much more across the sports betting market. But I'll leave you with my most important takeaways.

Best welcome bonusCaesars - $1,000 first bet with OPBONUS1000
Easiest offer to claimDraftKings - Bet $5, get $150 in bonus bets
Offer with the most valuebet365 - Bet $5, get $150 or $1,000 First Bet Safety Net with ODDSBONUS (or ODDS365 for NJ and CO)
Best all-around sportsbook promoFanDuel - Bet $5, win $200
Legal age to claim promos21; 18 (MT, NH, RI, WY)
Legal states with promos24 + DC

Best sportsbook promos FAQs

What is a sportsbook promo?

A sportsbook promo is a special offer or promotion from a sports betting site. These promos come in many different forms but often provide customers with additional funds, bet insurance, or better odds than would usually be available. Most promos are made available to a certain type of customer or for a specific amount of time.

Are sportsbook promos worth it?

Sportsbooks bonuses and promotions can provide value to the customer experience. Using these promotions gives you the chance try a sportsbook's product without spending too much of your own money, as well as the potential to make more money if your wagers win. Of course, you should never bet more than you can afford just to take part in a promotion or claim a bonus. You should also never treat a sportsbook promotion as a risk-free bet.

How can I claim a sportsbook promo?

Every sportsbook will list the details of how to claim the promotions on offer. These can differ depending on the type of offer, but you will have to sign up, sometimes enter a promo code, and more often than not, make an initial deposit. Some promos are based on your first bet, while others will just give you bonus bets for making a deposit.

Are sportsbook promos only for new customers?

Sportsbook promos and bonuses are available to both new and existing customers. Most adverts you will see focus on the new customer offers, but there are plenty of additional benefits once you have signed up to a sportsbook. Sometimes the value and volume of promos you get as an existing customer will be based on your loyalty, but you can usually expect bonus bets, odds boosts, bet insurance, and much more as an existing customer.

Can I use multiple sportsbook promos at the same time?

Each sportsbook promotion will have its own terms and conditions, but most will state that you cannot use multiple sportsbook promos at the same time. In fact, if you try and do it at the same sportsbook, you will likely be blocked from doing so. You can, however, claim promos at different sportsbooks at the same time if you want.

Are sportsbook promos legal?

If you're using a promotion on a legal sports betting site in the US, then it's safe to assume that promo is legal. Sportsbooks are only granted a license to operate in a state if they meet very strict regulations. Running a promotion or offering a bonus that is deemed to be illegal would risk losing their license and potentially millions in fines and legal fees.

What should I look for in the terms and conditions of a sportsbook promo?

You should always read the terms and conditions attached to a sportsbook promo. If not, this can lead to frustration or losing out on money that you otherwise could have claimed. The most common things to look out for are minimum deposits, minimum odds you have to bet with, how much you have to playthrough or rollover to withdraw, and how long you have to claim the promo and use your bonus funds.

Do all sportsbooks offer promos?

In the US, it will be difficult to find a sportsbook that isn't offering some kind of promotion to new or existing customers. The sports betting market is so competitive that most companies need to offer incentives to customer to either join them or stay loyal. Some sportsbooks will have specific promo codes, while others will have bonuses and offers that are open to all.

How do I find the best sportsbook promo?

Oddspedia has all the information you need to find the top sportsbook promos. This article features the most in-depth analysis you will find anywhere online. It doesn't just breakdown which sportsbook is offering the most money in its bonus but looks through all the finer details and requirements to ensure you find the best sportsbook promo for your needs.

Why do sportsbooks offer promos?

Sports betting in the United States is so competitive that companies will use promos to get the attention of potential customers and keep customers loyal. These promotions get people to sign up and use the services on offer, in the hope they will be convinced to continue betting with that site. The idea for betting companies is that your loyalty and betting activity over time will cover the cost of the bonuses and promotions they offer.

What are the playthrough requirements for sportsbook bonuses?

Each sportsbook bonuses will have its own playthrough requirements. These requirements must be met before you can withdraw any funds earned from the bonus. The most common playthrough requirement is 1x, which means you need to play through the bonus funds a least once before you can withdraw. However, some bonuses can have 25x or more playthrough requirements.

Can I get a new promo as an existing sportsbook user?

If you're already a customer of a sportsbook, you cannot claim the new customer offer. Even if you think it's better than the offer you originally claimed when signing up. Sportsbooks will use advanced data management and tracking systems to ensure you cannot sign up more than once and claim multiple new customer promos.

Who can claim sportsbook bonuses?

Some sportsbook bonuses will only be available to new customers. If you've already signed up to a sportsbook, you will then be unable to claim any subsequent new customer offers with that sportsbook. Other promotions will be available to all existing customers, and some will be provided to customers who meet specific loyalty thresholds.

Do sportsbook bonuses expire?

The expiration date for a sportsbook bonus will always be shown in the terms and conditions. Most bonuses and promotions will expire, and they tend to be within 7, 14, or 30 days. There are two dates to keep in mind with a sportsbook promo. One is how long you have to meet the requirements to claim the bonus, the other is how long you have to use the funds you get from that bonus.

How many times can I use the same bonus code?

Most sportsbook bonus codes or promo codes are entered at the point you sign up as a new customer. You can normally only use these once per sportsbook. However, you can still use bonus codes and promo codes for other sportsbooks to claim additional offers that might be available.

Can you withdraw sportsbook bonuses?

It is unlikely that you can withdraw funds in your account that are part of a promotion. Most sportsbooks will make your wager these funds at least once and meet minimum odds requirements. For example, if you get $1,000 back as part of the First Bet on Caesars promotion, you will have to bet that $1,000 before any of it can be withdrawn.

When do I enter the promo code?

If you have a promo code to claim a sports betting bonus, this will usually be entered in a specific field when you are signing up with the sportsbook. Promo codes can be entered when you're making a deposit and very rarely at other times, but they are most commonly used as part of the sign-up process to claim a welcome offer.

Special Offers

In addition to welcome bonuses and no deposit bonuses, sportsbooks can also offer more promotions when you are already registered with them. In the "Promotions" section of each sportsbook you will see various offers each week, which are usually related to the sporting events that will take place over the weekend.

  1. Daily Odds Boosts
    Min. odds -300. Certain exclusions apply. T&Cs apply.
    No code required Claim bonus
    Min. odds -300. Certain exclusions apply. T&Cs apply.
  2. Parlay Insurance
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  3. Loyalty Bet Credits
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  4. Refer-A-Friend
    Up to 20 total referrals per month. T&Cs apply.
    No code required Claim bonus
    Up to 20 total referrals per month. T&Cs apply.
  5. Odds Boosts
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  6. Refer-A-Friend
    Min. wagering requirements apply. Occasionally FanDuel will up the amount to $100. T&Cs apply.
    No code required Claim bonus
    Min. wagering requirements apply. Occasionally FanDuel will up the amount to $100. T&Cs apply.
  7. Parlay Insurance
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  8. Odds Boosts
    Only available to new and eligible customers. T&Cs apply.
    No code required Claim bonus
    Only available to new and eligible customers. T&Cs apply.
  9. Refer a friend
    You can take advantage of this bonus multiple times. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    You can take advantage of this bonus multiple times. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  10. Extra Time Extra Chance
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  11. 0:0 Insurance
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  12. Early Payout
    Applicable to selected soccer competitions, NBA, NCAAB & Ice Hockey. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    Applicable to selected soccer competitions, NBA, NCAAB & Ice Hockey. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  13. NBA Early Payout
    Pre-match ML markets on any NBA game prior to the Play-Offs. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    Pre-match ML markets on any NBA game prior to the Play-Offs. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  14. Tennis Retirement Guarantee
    Pre-match ML market for Singles from selected ATP events and any WTA and Grand Slam events. Only available to new and eligible customers. Bet restrictions and T&Cs apply. Winnings paid as Bonus Bets.
    No code required Claim bonus
    Pre-match ML market for Singles from selected ATP events and any WTA and Grand Slam events. Only available to new and eligible customers. Bet restrictions and T&Cs apply. Winnings paid as Bonus Bets.
  15. Multi-sport ACCA Boost
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  16. Soccer ACCA Boost
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  17. 2 Goals Ahead Early Payout
    Pre-match selected soccer competitions. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
    No code required Claim bonus
    Pre-match selected soccer competitions. Only available to new and eligible customers. Bet restrictions and T&Cs apply.
  18. Refer-A-Friend
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  19. iRUSH Rewards
    Full benefits info on www.betrivers.com T&Cs apply.
    No code required Claim bonus
    Full benefits info on www.betrivers.com T&Cs apply.
  20. Refer A Friend
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  21. Refer A Friend
    Claim bonus
  22. "House Specials" odds boosts
    Claim bonus
  23. Refer-a-Friend
    Max. referral bonus $500. T&Cs apply.
    No code required Claim bonus
    Max. referral bonus $500. T&Cs apply.
  24. Ticket Giveaways
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  25. Sports Loyalty Bonuses
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  26. Shootout Protection
    Up to $100 per game in Bonus Bets! T&Cs apply.
    No code required Claim bonus
    Up to $100 per game in Bonus Bets! T&Cs apply.
  27. 50 Point Special
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  28. Betway Uber
    New players only from NJ. Min. odds -120 or less. T&Cs apply.
    No code required Claim bonus
    New players only from NJ. Min. odds -120 or less. T&Cs apply.
  29. Live Wednesday
    Min. odds -200 or greater. T&Cs apply.
    No code required Claim bonus
    Min. odds -200 or greater. T&Cs apply.
  30. Betway Boosts
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  31. Parlay Club
    Parlay min. odds +200 or higher. T&Cs apply.
    No code required Claim bonus
    Parlay min. odds +200 or higher. T&Cs apply.
  32. Refer-A-Friend
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  33. FanCash Rewards
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.

Free Bets & No Deposit Bonuses

Who hasn't wanted to play free sports betting? This is why no deposit bonuses have really become popular with sportsbooks, as it is a huge draw for bettors by adding an amount between 5-10 ($ / €) in their accounts. Check here the full list of all free bonuses and receive your money safely.

Right now there are no free bets for the selected criteria

Enhanced Odds

The Enhanced odds, also known as Price Boosts, are one of the most sought-after promotions by bettors within the sportsbooks. The sportsbook artificially boosts a selection and let's you win much more than the implied probability of a certain outcome. Enhanced odds offers are introduced around popular events or sports, such as an upcoming Premier League football match or tennis event at Grand Slam.

  1. Profit Boost
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  2. Daily Enhanced Odds
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  3. Bet Boosts
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  4. Odds Boosts
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
  5. Odds Boosts
    T&Cs apply.
    No code required Claim bonus
    T&Cs apply.
Chris Cochran
Betting Analyst
Chris is a sports betting expert who has dedicated years to understanding how sportsbooks operate and mastering strategies to outsmart the markets. Alongside his own achievements in betting, he has taken up the role of creating informative materials for his followers on platforms like YouTube and Twitter. Being a massive fan of the NBA, NFL, and MLB, he relishes the excitement that sports betting adds to the games. However, he is fully aware of the rigorous effort needed to build his expertise and stay abreast of market trends, all in the pursuit of maintaining a steady profit.
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