Best Sportsbook Promos and Sign-Up Bonuses in September 2024

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

We've spent hours looking through the best sportsbooks in the U.S., as well as analyzing some of the lesser-known names, to deliver a one-stop shop for you to find the best sportsbook bonuses.

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. We've done the rounds and signed up with all of the top online sports betting apps available, and are jealous of anyone who is nabbing these sportsbook bonuses for the first time.

Best US sportsbook bonuses

In order to compile an exhaustive list of the finest betting deals in the U.S., we meticulously went through every betting platform, assessed diverse sportsbook incentives, and scrutinized an array of sportsbook promotional codes. Having reviewed countless betting offers, we are certain we have pinpointed the best of the best.

Top 6 best sportsbook promos

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1. DraftKings Sportsbook promo

🌟 For a more in-depth look at arguably the best sportsbook bonus in the U.S., read our DraftKings promo code guide. And to uncover more about the sports betting site in general, explore our DraftKings review. 

2. FanDuel Sportsbook promo

🌟 To learn more about why the sportsbook offers one of the best promos for sports betting, check out our FanDuel promo code guide. And for a big-picture look at the brand, give our FanDuel review a read. 

3. bet365 Sportsbook promo

🌟 Dig into our thorough bet365 review for more expert insight and analysis. 

4. BetMGM Sportsbook promo

🌟 Rifle through our BetMGM review to learn more about the historic sportsbook.

5. Caesars Sportsbook promo

🌟 Discover more about the sports betting platform via our detailed Caesars review.

6. BetRivers Sportsbook promo

🌟 For more on its sports betting offers and overall product, take a look at our comprehensive BetRivers review.

Best sportsbook promos this week

Along with the 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 we can't dish out every single one, here are a couple awesome offers we'll be snagging in the next seven days.

Odds boosts

Several of the top sportsbooks in the United States, such as FanDuel and DraftKings, have odds boosts promotions to take advantage of. Some of these offers will allow you to apply the boost to a bet of your choice, while others will be pre-selected and typically align with the biggest matchups of the day. Choose the ones that appeal to you, then enjoy the enhanced profits if your wager wins.

No Sweat bets

Want to take some of the anxiety out of your betting experience? No Sweat tokens might be the right promotion for you. Multiple sportsbooks offer No Sweat wagers, which refund your lost bet in the form of bonus bets. Make sure you keep an eye on the expiry date for any bonus bets you receive from this type of offer.

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. We 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. Our expertise shines through in the extensive educational materials we have compiled, covering every aspect of sports betting.

Our 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 our work with betting sites, we 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 we 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 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 terms and conditions

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. We know many people tick those boxes without really paying attention, but we cannot stress enough the importance of checking the T&Cs before trying to claim your bonus.

We'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 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 via top payment methods 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.

5. Place your first 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 promos

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 we'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, we 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".

Bonus bets

Promotional bets have become a go-to option for many sportsbooks, offering bettors significant value by often providing returns that surpass their initial deposit or wager. Bonus bets are commonly included in welcome packages or given as a gesture of gratitude to loyal customers. These credits typically range from $5 to $50.

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, we 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 "free." 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 $200 in bet credits after betting just $5 with Oddspedia's bet365 bonus code. If you enter the code ODDSBONUS (or ODDS365 for NJ, PA and CO) when signing up, you will automatically qualify for this offer and get $200 in credit added to your account after placing your first $5 wager.

Second chance bets

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 bonus 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 we would give is to think about when you are claiming an offer. Sportsbooks will likely enhance their promos around marquee events. That's why the best Super Bowl betting promos, for example, are sometimes even better than the normal bonuses you get from betting sites. 

How do sportsbook promos 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. We've experienced it when we went to withdraw some winnings, only to realize we hadn't met certain requirements with different sign-up bonuses.

You might be drawn into the big money figures, but we honestly think that only the best sportsbook promotions have limited requirements attached and make things super clear when you are trying to claim them. We'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. We 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 low minimum deposits, 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 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. We've experienced this firsthand; we've signed up to some sportsbooks with the intention of not using them long term only to then realize how good they are. We might have signed up to get a welcome bonus and only use my initial bonus bets, but we are still betting with those sportsbooks years later.

Sportsbook 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 differ 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.

• Arizona sportsbook promos
• Colorado sportsbook promos
• Illinois sportsbook promos
• Iowa sportsbook promos
• Kentucky sportsbook promos
• Louisiana sportsbook promos
• Maryland sportsbook promos
• Massachusetts sportsbook promos
• Michigan sportsbook promos
• NJ sportsbook promos
• New York sportsbook promos
• North Carolina sportsbook promos
• Ohio sportsbook promos
• Pennsylvania sportsbook promos
• Vermont sportsbook promos

Sportsbook 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. We'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, we 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

You can expect just as much as the NFL when it comes to special offers from the best NBA betting sites. FanDuel comes through with No Sweat tokens for specific games, as well as additional profit boosts on single wagers or parlays. bet365's early payout is one of the standout promotions, as it counts as a win if your team takes a 20-point lead at any point of the game.

NHL promos

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 and Caesars Sportsbook are also very much expected.

MLB promos

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. The best March Madness betting sites will have plenty of offers for you to take advantage of throughout the tournament.

Pros and cons of using sportsbook promos

The pros of using a U.S. 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 our 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. We have been frustrated about playthrough requirements or not meeting minimum odds with my bonus bets, but had we taken the time to understand that those terms were part of the promotion, then it wouldn't have been a problem.

Sportsbook bonuses summary

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 we'll leave you with our most important takeaways:

Best sportsbook promos FAQs