Best Sportsbook Promos & Betting Bonuses for June 2025
Looking to claim the best sportsbook promos and sign-up bonuses for the NBA, the NHL, soccer or something else? In this guide, we break down the top offers and sportsbook promo codes from the industry's leading platforms, including DraftKings, FanDuel, BetMGM, Caesars, and bet365.
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 so you can potentially pad your bankroll, whether you're betting on the NBA, NHL, or something else.
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 have meticulously gone 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
| Sportsbook ⭐ | Welcome bonus 💰 | Promo code 🔓 |
| 👑 DraftKings | Bet $5, win $300 in bonus bets + $1K deposit bonus | No code required |
| 🔵 FanDuel | Bet $5, win $200 in bonus bets | No code required |
| 🟢 bet365 | Bet $5, get $150 in bonus bets or $1,000 First Bet Safety Net | ODDSBONUS (ODDS365 in CO, IL, NJ, PA, TN) |
| 🦁 BetMGM | Up to $1,500 back in bonus bets | ODDSBONUS |
| 🏛️ Caesars Sportsbook | Bet $1, Get 10x 100% Profit Boosts | OPBONUSDYW |
| ⚡ BetRivers | Up to a $500 Second Chance Bet | ODDSPEDIA (MI, NJ, PA, WV only) |
| 🔵 Fanatics Sportsbook | Up to $1,000 in No Sweat Bets | No code required |
| 🟠 ESPN BET | Up to $600 in bonuses | No code required |
| 🎸 Hard Rock Bet | Up to $100 back in bonus bets | No code required |
21+. Gambling problem? Call 1-800-GAMBLER
1. DraftKings Sportsbook promo
Bet $5, Get $300 in Bonus Bets if Your Bet Wins
Oddspedia opinion
For our money, DraftKings Sportsbook delivers the top sports betting promo in the nation. It's suitable for any type of bettor, fresh-faced or experienced. Simply deposit and wager $5 or more and you'll unlock $300 worth of bonus bets if your bet wins.
Additionally, once you've obtained that promo, you can collect a secondary welcome offer worth up to $1,000 in bonus funds.
Who is the DraftKings promo best for?
Since DraftKings offers one of the best sportsbook promos around, it's well-suited to any bettor. However, its supremely newbie-friendly nature makes it ideal for beginners. It's low-risk and doesn't come with any market or odds restrictions.
How does the DraftKings promo work?
- After registering with DraftKings Sportsbook, put down an initial deposit of at least $5.
- You don't need a DraftKings promo code.
- Place a first bet of $5 or more on any sports market.
- You'll receive $300 in non-withdrawable bonus bets if it wins.
- The bonus will come as 12 $25 bets.
- If you don't use the bonus within seven days, it will expire.
- Remember: Any winnings earned from bonus funds are withdrawable, but the stake is not.
Oddspedia expert rating: ⭐ 4.9/5
| Bonuses and promos | ⭐ 5/5 |
| Banking options and payout speed | ⭐ 4.9/5 |
| Key features | ⭐ 5/5 |
| Customer support | ⭐ 4.8/5 |
| Trust and security | ⭐ 4.9/5 |
| User experience | ⭐ 4.9/5 |
| Odds | ⭐ 4.8/5 |
What users are saying about DraftKings
“The interface and betting options are far superior to other betting apps.” — Brad Hodgin, Google Play store reviewer
"I have been using DraftKings as a sportsbook/casino for exactly a year since they launched in my state. Overall, I think it is one of the best books because its app has a very clean and intuitive UI, and its customer service is unmatched." — Reddit user
“The app itself is relatively slow. The profit boosts are nice and unlike anything I’ve ever seen on any other app or site. So that’s a plus. The lag on placing bets is a bit annoying, but it’s understandable. The UI is nice, and the social hub is a huge plus and extremely underrated.” — Johan, App Store reviewer
Why trust Oddspedia?
Major outlets, including CNN and CBS News, have long trusted Oddspedia to deliver honest and helpful content. Additionally, we've spent hours upon hours wagering with DraftKings, having placed over 1,500 combined bets with the site since 2018.
DraftKings Sportsbook overview
| 💰 Sign-up bonus | Bet $5, win $300 in bonus bets + $1K deposit bonus |
| ⭐ DraftKings promo code | No code required |
| 🏆 Top feature | Unique betting experiences |
| 💵 Minimum deposit | $5 |
| ⚡ Payout speed | Within 24 hours |
| 📱 App Store rating | 4.8/5 |
| 📱 Google Play rating | 4.7/5 |
| 🌎 Available states | AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, MA, MD, ME, MI, NC, NH, NJ, NY, OH, OR, PA, TN, VA, VT, WV, WY |
| ✅ Last verified | April 2025 |
DraftKings promo pros and cons
| Where we think the DraftKings promo excels | Where we think the DraftKings promo needs improvement |
| ✅ Simple terms and conditions: Some sports betting promos make you jump through hoops to claim them. DK's offer is as straightforward as it gets. | ❌ Short bonus lifespan: You will only have seven days to use the bonus bets before they vanish. That is an industry-standard timeframe, but it's still short. |
| ✅ Minimal risk: You only need to deposit and wager a measly $5 to unlock $300 in bonus bets from DraftKings Sportsbook. That's as small an investment as you'll find amongst the best online sportsbook promotions. | ❌ Low maximum value: A side effect of providing guaranteed funds means the total bonus value is lower. While this may not bother new bettors, more experienced ones might be left unimpressed. |
| ✅ Multiple bonus bets: DraftKings delivers its $300 reward as 12 $25 bonus bets. So, rather than being forced to use the bonus all at once, you can spread it out and get a feel for the sports betting platform. |
DraftKings responsible gaming resources
GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. Terms: draftkings.com/sportsbook. On behalf of Boot Hill Casino & Resort (KS).
🌟 To uncover more about the sports betting site in general, explore our DraftKings review.
2. FanDuel Sportsbook promo
Bet $5, Get $200 in Bonus Bets If Your Bet Wins
Oddspedia opinion
No surprises here — not only do we consider FanDuel Sportsbook one of the top betting sites in the nation, but we also believe it delivers one of the best sportsbook promos. Its terms and conditions are straightforward, it requires minimal investment, and it can be split up however you please.
Who is the FanDuel promo best for?
FanDuel delivers one of the best betting offers for players on a limited budget. By depositing and wagering just $5, you can unlock $200 in bonus bets. You don't even need a FanDuel promo code.
How does the FanDuel promo work?
- Open a new FanDuel account and make an initial deposit of at least $5.
- Place a qualifying bet of $5 or more on any sports market you prefer.
- If you win, you'll receive $200 in non-withdrawable bonus bets within 72 hours.
- In AZ, CO, KS, NC, and TN, your bet does not need to win.
- If you fail to use the bonus bets within seven days, they will expire.
- Bonus bets are not considered real cash, so any winning wagers made with them will not return the stake.
Oddspedia expert rating: ⭐ 4.8/5
| Bonuses and promos | ⭐ 4.8/5 |
| Banking options and payout speed | ⭐ 4.8/5 |
| Key features | ⭐ 4.9/5 |
| Customer support | ⭐ 4.7/5 |
| Trust and security | ⭐ 4.8/5 |
| User experience | ⭐ 4.9/5 |
| Odds | ⭐ 4.7/5 |
What users are saying about FanDuel
“The UI of the app is incredibly smooth and responsive. The best of any sportsbook app I've used.” – Andrew Withers, Google Play store reviewer
"I just found out my girlfriend had her sign-up bonus on FanDuel, and I didn’t realize that if you referred a friend, you could both get an additional credit. Well, she did sign, but she was so excited about signing up that we missed it.” — Evert, App Store reviewer
"I use FanDuel mostly for sports betting. Its software, layout, and how it gives you real-time stats are all reasons why I use it over DraftKings." — App Store reviewer
Why trust Oddspedia?
At Oddspedia, our expert team has reviewed over 230 sportsbooks since 2013 and has placed thousands of wagers with FanDuel alone.
FanDuel Sportsbook overview
| 💰 Sign-up bonus | Bet $5, win $200 in bonus bets |
| ⭐ FanDuel promo code | No code required |
| 🏆 Top feature | Beginner-friendly |
| 💵 Minimum deposit | $5 |
| ⚡ Payout speed | Within 24 hours |
| 📱 App Store rating | 4.9/5 |
| 📱 Google Play rating | 4.6/5 |
| 🌎 Available states | AZ, CO, CT, DC, IL, IN, IA, KS, KY, LA, MD, MA, MI, NC, NJ, NY, OH, PA, TN, VT, VA, WV, WY |
| ✅ Last verified | April 2025 |
FanDuel promo pros and cons
| Where we think the FanDuel promo excels | Where we think the FanDuel promo needs improvement |
| ✅ Accessible terms: Few sportsbook promos are as genuinely simple as FanDuel's. It asks a minimal investment of $5, contains no odds restrictions, and has no hefty rollover requirement. | ❌ Quick expiry: While the FanDuel Sportsbook welcome offer is easy to claim, it would be better if you had longer than seven days to use the bet credits. |
| ✅ Mobile app integration: To claim the FanDuel sign-up bonus, you must download the sportsbook's dedicated app. While this could be a hindrance for some operators, FanDuel's mobile platform is one of the best in the industry. | ❌ Low maximum value: When compared to competitors like BetMGM or Caesars, the total value of FanDuel's reward may feel a tad lackluster, particularly for experienced bettors. |
| ✅ Malleability: Unlike some of its peers, FanDuel permits you to split up its bonus however you see fit. Doing so allows you to explore the sportsbook and test various markets and bet types. |
🌟 For a big-picture look at the brand, give our FanDuel review a read.
3. bet365 Sportsbook promo
Bet $5, Get $150 or $1,000 Offer
Oddspedia opinion
We're fond of bet365's approach to welcoming new users — unlike its top competitors, the betting site allows you to select from one of two excellent sportsbook bonuses. If you're a first-time bettor, its bet $5, get $150 promo is a no-brainer since it requires minimal investment for guaranteed funds. Meanwhile, those looking for higher value can claim its $1,000 First Bet Safety Net instead. Either option can be claimed via bet365 bonus code ODDSBONUS (or ODDS365 in select states)
Who is the bet365 promo best for?
Since the bet365 welcome offer allows you to choose between two options, it's best for users who understand what they want. For this reason, we'd recommend claiming sports betting promos at other sites first, taking what they give you, and learning what you prefer. Once you know what suits you best, you can return to bet365 and pick your sign-up bonus with confidence.
How does the bet365 promo work?
- Sign up with the sportsbook promo code relevant to your region — ODDSBONUS for most states or ODDS365 if in CO, IL, NJ, PA or TN.
- Put down your initial deposit of at least $10.
- You must redeem the bonus within 30 days of registration.
- Make a qualifying wager of $5 or more on any sports market.
- The wager must have attached odds of -500 or greater.
- As long as your first bet settles within 30 days of claiming the reward, you'll get $150 in bonus bets — win or lose.
- Should you not use the bonus within seven days, it will be forfeited.
- Keep in mind that bonus bets are non-withdrawable and can only be used to wager with the sportsbook.
If you'd prefer to collect the betting app's secondary sportsbook promo — a $1,000 First Bet Safety Net — instead, follow the steps below. Just remember that you can only garner one sign-up bonus with bet365.
- Pennsylvania users cannot claim this offer.
- Make your first deposit of $10 or more within seven days.
- Ensure you redeem the bet365 sports betting offer within 30 days of sign-up.
- Put down your initial bet of any amount on any sports market.
- Should your wager lose, the sportsbook will give you a refund, up to $1,000, in non-withdrawable bonus bets.
- You will receive the bonus within one hour of your first wager settling as a loss.
- There is a 1x playthrough requirement connected to the bonus.
- If you do not use the sportsbook bonus bets within seven days of receipt, they will expire.
Oddspedia expert rating: ⭐ 4.8/5
| Bonuses and promos | ⭐ 4.8/5 |
| Banking options and payout speed | ⭐ 4.7/5 |
| Key features | ⭐ 4.7/5 |
| Customer support | ⭐ 4.9/5 |
| Trust and security | ⭐ 4.8/5 |
| User experience | ⭐ 4.8/5 |
| Odds | ⭐ 4.8/5 |
What users are saying about bet365
"I really like using bet365, as it offers a wide variety of sports to bet on and has an abundant prop menu. One thing I really like with NBA props is the ‘milestones’ that allow you to bet beyond the Las Vegas line on various stats." — Francis, Google Play store reviewer
"The gold standard and they simply can’t be beaten. Any bettor with experience knows that bet365 is light years ahead of the competition in terms of, well, everything, like betting limits, customer service, and user interface." — Reddit reviewer
"The bet365 app is very easy to navigate, and placing bets is as easy as can be. It offers tons of wager options and is extremely easy to use any bet credits you have, but it’s just such a visually boring app.” — Timbo, App Store reviewer
Why trust Oddspedia?
Our expert team at Oddspedia has decades of combined experience in the gaming industry. That expertise has yielded over 100 educational guides in 12 languages, 900+ YouTube videos, and more than 230 sportsbook reviews.
bet365 Sportsbook overview
| 💰 Sign-up bonus | Bet $5, get $150 in bonus bets or $1,000 First Bet Safety Net |
| ⭐ bet365 bonus code | ODDSBONUS |
| ⭐ bet365 bonus code (CO, IL, NJ, PA, TN) | ODDS365 |
| 🏆 Top feature | Live betting & streaming |
| 💵 Minimum deposit | $10 |
| ⚡ Payout speed | Within 24 hours |
| 📱 App Store rating | 4.8/5 |
| 📱 Google Play rating | 4.6/5 |
| 🌎 Available states | AZ, CO, IA, IL, IN, KY, LA, NC, NJ, OH, PA, TN, VA |
| ✅ Last verified | April 2025 |
bet365 promo pros and cons
| Where we think the bet365 promo excels | Where we think the bet365 promo needs improvement |
| ✅ Guaranteed reward: For bettors who are new to wagering or who simply want to start their sportsbook journey with guaranteed funds, bet365's bet-and-get promo is perfect. | ❌ One offer only: It's understandable that bet365 only allows new users to pick one of its two quality welcome bonuses. Still, being permitted to garner both would immediately push it up our rankings. |
| ✅ High maximum value: Bettors comfortable with risking a significant amount to potentially walk away with a large payday can get up to $1,000 in value with the First Bet Safety Net. | ❌ Quick expiry: No matter which sports betting promo you select, you will only have seven days to use it. If you don't, it will expire. |
| ✅ Flexible investment: You only need to wager a minimum of $5 to unlock the $150 reward. However, should you desire to wager more in an effort to win more, you can put down as much as $1,000 with the First Bet Safety Net. |
🌟 Dig into our thorough bet365 review for more expert insight and analysis.
4. BetMGM Sportsbook promo
Up to $1,500 Back In Bonus Bets
Oddspedia opinion
Sometimes bigger is better. And if you're looking for the most lucrative U.S. sportsbook bonus available, the self-proclaimed "King of Sportsbooks" has you covered. Just input BetMGM bonus code ODDSBONUS during sign-up, and you can collect up to $1,500 in bonus bets.
Who is the BetMGM promo best for?
While the BetMGM Sportsbook promo has something to offer all bettors, it's best suited to high rollers who don't mind a more significant initial investment that could potentially result in a massive early payday. Wagering the maximum $1,500 is a substantial risk, but you'll get a chance at redemption should your bet go awry.
Bet $10, Get $150 If You Win
New users in CO, MI, NJ, PA, and WV can use the BetMGM bonus code ODDSBONUS to unlock $150 in bonus bets if their initial $10 wager wins. A minimum $10 deposit is also required. The bonus is issued in three (3) $50 bonus bet chunks that expire seven days from issuance. This BetMGM welcome offer expires on June 19, 2025.
How does the BetMGM promo work?
- Following registration, make a minimum deposit of $10 or more.
- Place your first bet of any amount on any sports market.
- If your qualifying wager flops, you'll get your stake back, up to $1,500, as non-withdrawable bonus bets. For players in CO, MI, NJ, PA and WV, your bet does not need to win to get your $150 in bonus bets.
- Should your wager exceed $50, your reward will come in five equal denominations of 20% of the total amount wagered.
- Betting less than $50 means you will receive a single bonus bet back instead.
- The bonus must be used within seven days of receipt.
- Remember: Any winnings garnered via bonus bets will not return the stake.
Oddspedia expert rating: ⭐ 4.7/5
| Bonuses and promos | ⭐ 4.7/5 |
| Banking options and payout speed | ⭐ 4.5/5 |
| Key features | ⭐ 4.9/5 |
| Customer support | ⭐ 4.8/5 |
| Trust and security | ⭐ 4.7/5 |
| User experience | ⭐ 4.7/5 |
| Odds | ⭐ 4.7/5 |
What users are saying about BetMGM
"Awesome app with good odds. I definitely recommend you give betting with BetMGM a shot" — Ryan, Google Play store reviewer
“I’ve had nothing but a great experience so far, as the BetMGM Sportsbook is one of the best I’ve seen. I've managed to win a bit, and payouts have always hit my account in roughly five hours. I’ve not had to contact customer services yet, so I can’t review that. Overall, BetMGM is probably the best online bookmaker I’ve used in many years.” — J. Sawyer, Trustpilot reviewer
Why trust Oddspedia?
Across Oddspedia, we have more than 100 years of combined wagering experience. We've teamed with notable companies like Google News and Yahoo News, and we've placed over 1,000 wagers with BetMGM itself.
BetMGM Sportsbook overview
| 💰 Sign-up bonus | Up to $1,500 back in bonus bets |
| ⭐ BetMGM bonus code | ODDSBONUS |
| 🏆 Top feature | Rewards program |
| 💵 Minimum deposit | $10 |
| ⚡ Payout speed | Within 24 hours |
| 📱 App Store rating | 4.8/5 |
| 📱 Google Play rating | 4.5/5 |
| 🌎 Available states | AZ, CO, DC, IA, IL, IN, KS, KY, LA, MD, MA, MI, MS, NC, NJ, NV, NY, OH, PA, PR, TN, VA, WY, WV |
| ✅ Last verified | April 2025 |
BetMGM promo pros and cons
| Where we think the BetMGM promo excels | Where we think the BetMGM promo needs improvement |
| ✅ High maximum value: No other new-user sportsbook bonus can compete with BetMGM's when it comes to sheer total value. If you aim to make an immediate big splash, BetMGM is the betting site for you. | ❌ First bet must lose: Like any other first bet insurance-style promo, your initial wager must fail for BetMGM's primary bonus to activate. |
| ✅ Reasonable minimum deposit requirement: Although BetMGM's offer caters to high rollers, more conservative bettors can still feel comfortable claiming the reward. Only a $10 deposit is required, and no matter how much you choose to wager initially, your bet will qualify for the bonus. | ❌ Slow withdrawals: While other leading betting sites will cash out your winnings within 24 hours, BetMGM generally takes up to two banking days to process withdrawal requests. |
| ✅ Built-in flexibility: So long as your first bet is over $50, your bonus will come in five 20% denominations equal to your qualifying stake. You can then spread those funds out across multiple additional wagers. |
🌟 Rifle through our BetMGM review to learn more about the historic sportsbook.
5. Caesars Sportsbook promo
Bet $1, Get 10x 100% Profit Boosts
Oddspedia opinion
Our list of the best sportsbook bonuses wouldn't be complete without mentioning Caesars Sportsbook's offer. A quality reward that's as fun as it is fruitful, it boasts a maximum potential value of $25,000. You can claim it via our exclusive Caesars Sportsbook promo code OPBONUSDYW.
Who is the Caesars Sportsbook promo best for?
The Caesars Sportsbook promo is best for experienced bettors who have a solid understanding of odds and markets. To extract the maximum value, you'll have to get extremely lucky, though.
How does the Caesars Sportsbook promo work?
- After entering the Caesars Sportsbook bonus code OPBONUSDYW, make your initial deposit.
- Place your first bet of $1+ amount on any sports market.
- You'll unlock ten (10) 100% profit boost tokens to use on wagers of your choice. These tokens will give you a chance to double your winnings.
- The maximum you can wager with each token is $25.
- The maximum you can win from each token is $2,500. Therefore, you can hypothetically win as much as $25,000 from this promotion.
- Profit boost tokens expire after 14 days.
Oddspedia expert rating: ⭐ 4.7/5
| Bonuses and promos | ⭐ 4.6/5 |
| Banking options and payout speed | ⭐ 4.7/5 |
| Key features | ⭐ 4.8/5 |
| Customer support | ⭐ 4.9/5 |
| Trust and security | ⭐ 4.7/5 |
| User experience | ⭐ 4.7/5 |
| Odds | ⭐ 4.7/5 |
What users are saying about Caesars
"Winning bets are paid incredibly quickly, sometimes before the game has even ended. And, one handy tool is being able to see a high-level play-by-play of the game in progress. This saves having to open up another tab in my browser to check the status of the game if I can’t watch it. Like I said, there is a lot to like here." — Roberto, App Store reviewer
"Caesars Entertainment offers impeccable gaming services and cutting-edge technology. This one-of-a-kind destination will definitely appeal to the sophisticated gamers of the new age." — Reddit reviewer
Why trust Oddspedia?
Not only have we been trusted by outlets like NBC and MSN to deliver quality content, but we've also put thousands of hours into using the Caesars Sportsbook app itself. Our betting experts have made over 1,600 combined wagers with the site since 2018.
Caesars Sportsbook overview
| 💰 Sign-up bonus | Bet $1, Get 10x 100% Profit Boosts |
| ⭐ Caesars Sportsbook promo code | OPBONUSDYW |
| 🏆 Top feature | NFL-focused opportunities |
| 💵 Minimum deposit | $1 |
| ⚡ Payout speed | Within 24 hours |
| 📱 App Store rating | 4.7/5 |
| 📱 Google Play rating | 4.3/5 |
| 🌎 Available states | AZ, CO, DC, IL, IA, IN, KS, KY, LA, ME, MD, MA, MI, MS, NC, NJ, NV, NY, OH, PA, TN, VA, WV, WY |
| ✅ Last verified | April 2025 |
Caesars Sportsbook promo pros and cons
| Where we think the Caesars promo excels | Where we think the Caesars promo needs improvement |
| ✅ High maximum value: No online sportsbook promotions offer as much as Caesars' potential $25,000 reward. | ❌ No guaranteed funds: If you strike out on all 10 boosted wagers, you'll walk away from this promo with nothing. |
| ✅ Rewards program integration: When you place your qualifying wager for the bonus, you will automatically earn points for Caesars' VIP program. Those points can be built up and eventually spent on hotel stays, dinners, vacations, and more. | ❌ Inflexible bonus: You can only spend a maximum of $25 per boost token. |
| ✅ Long expiry: Caesars gives you 14 days to use your bonus. Most sportsbooks only give you seven days. |
🌟 Discover more about the sports betting platform via our detailed Caesars review.
6. BetRivers Sportsbook promo
$500 Second Chance Bet
Oddspedia opinion
BetRivers is a solid sportsbook with a solid sports betting bonus. Depending on your region, you can garner a second chance bet ranging from $100 to $500 in value so long as you enter BetRivers bonus code ODDSPEDIA during registration (code only required in MI, NJ, PA and WV).
Our favorite part? You have 30 days to use the BetRivers sign-up bonus, considerably longer than the industry standard seven days.
Who is the BetRivers promo best for?
While the BetRivers promo may not be the top sportsbook promotion out there, it's ideal for those looking to test out the platform with the expectation of expanding their betting rotation. If your initial wager with the sportsbook loses, the offer acts as a safety net, returning your stake as a bonus bet to be wagered again.
How does the BetRivers promo work?
- Sign up with BetRivers bonus code ODDSPEDIA (only necessary in MI, NJ, PA, WV).
- Make a minimum deposit of $10 or more.
- Place a qualifying bet of any amount on any sports market you desire.
- If your first bet loses, you'll get your stake back, up to $500 — $250 in CO and NJ; $100 in AZ, IA, NY, OH, and WV — as a single bonus bet.
- The bonus bet must meet a 1x playthrough requirement at odds of -200 or longer.
- Should you fail to use the bonus bet within 30 days, it will expire.
- Don't forget: Any winning wagers made with bonus bets will not return the stake.
Oddspedia expert rating: ⭐ 4.6/5
| Bonuses and promos | ⭐ 4.5/5 |
| Banking options and payout speed | ⭐ 4.5/5 |
| Key features | ⭐ 4.9/5 |
| Customer support | ⭐ 4.6/5 |
| Trust and security | ⭐ 4.8/5 |
| User experience | ⭐ 4.6/5 |
| Odds | ⭐ 4.9/5 |
What users are saying about BetRivers
“I’ve been online gaming for several years, and I’ve downloaded them all, but none can compare to BetRivers (New Jersey). If you like or love to gamble online, don’t delay; play BetRivers today!” — Oscar, App Store reviewer
BetRivers is the only app I use. Its app is very easy to navigate, and its customer support is great! Never have I had a problem withdrawing funds. Most times, I get withdrawal instantly or the next day via Interac — 5 out of 5.” — Warren R., Trustpilot reviewer
"I have had no problem with the app so far. Payment after winning is also fast, secure, and easy to transfer!" — Nick, Google Play store reviewer
Why trust Oddspedia?
Our expert team consists of experienced sports bettors from various locations who have been involved in the gambling industry for years. Not only has our content been featured on respected platforms like the NYTimes and NBC, but we've also placed more than 1,000 bets with BetRivers over the last five years.
BetRivers Sportsbook overview
| 💰 Sign-up bonus | $500 Second Chance Bet |
| 💰 Sign-up bonus (AZ, IA, NY, OH, WV) | $100 second chance bet |
| 💰 Sign-up bonus (CO, NJ) | $250 second chance bet |
| ⭐ BetRivers bonus code | ODDSPEDIA (MI, NJ, PA and WV only) |
| 🏆 Top feature | Solid in-play betting |
| 💵 Minimum deposit | $10 |
| ⚡ Payout speed | Within 24 hours |
| 📱 App Store rating | 4.4/5 |
| 📱 Google Play rating | 3.5/5 |
| 🌎 Available states | AZ, CO, IL, IN, IA, LA, MD, MI, NJ, NY, OH, PA, VA, WV |
| ✅ Last verified | April 2025 |
BetRivers promo pros and cons
| Where we think the BetRivers promo excels | Where we think the BetRivers promo needs improvement |
| ✅ Lengthy promotional window: Most U.S. sportsbook promos for new users are only available for seven days before expiring. BetRivers allows you 30 days instead, giving you ample time to make decisions and explore its platform. | ❌ First bet must lose: Unlike a bet-and-get reward, BetRivers' welcome bonus only triggers if your initial wager flops. There are no guaranteed funds here. |
| ✅ Simple terms and conditions: BetRivers doesn't make its second chance promo any more complicated than it needs to be. You can just sign up and make your first deposit and wager to activate it. You'll only need bonus code ODDSPEDIA in MI, NJ, PA or WV. | ❌ Location-dependent bonus value: To garner BetRivers' up to $500 offer, you must be stationed in one of seven states: IL, IN, LA, MD, MI, PA, or VA. If you're in CO or NJ, you can get a $250 reward instead, while those in AZ, IA, NY, OH, and WV are limited to a $100 promo. |
| ✅ No qualifying wager restrictions: You can place your first bet with the platform on any sports market you prefer, allowing you to dissect and take advantage of BetRivers' sizable betting menu. |
🌟 For more on its sports betting offers and overall product, take a look at our comprehensive BetRivers review.
Other notable sportsbook promos
Not every sportsbook can make it onto our list of the best betting promos. Here are some of the operators that just missed the cut:
| Fanatics 👕 | Hard Rock Bet 🎸 | ESPN BET 🔴 | Borgata ⚫ | Bally Bet ⚪ |
| Fanatics promo code | Hard Rock Bet promo code | ESPN BET promo code | Borgata promo code | Bally Bet promo code |
| Fanatics review | Hard Rock Bet review | ESPN BET review | Borgata review | Bally Bet review |
Best sportsbook promos for existing users today
Along with the welcome bonuses at various online sportsbooks, there are tons of other promotions available right now. The best part? You don't even need any sportsbook promo codes to claim them. While we can't list every single one, here are a few of our favorite offers for today with the MLB, NBA, NHL, soccer, and more.
| Sportsbook ⭐ | Active bonus 💰 |
| BetMGM 🦁 | Hit the Hat Trick Jackpot — Bet on an NHL player to score a goal, and win a share of $10,000 in bonus bets if they score a hat trick. |
| MLB Profit Boost — Get a 30% profit boost token to use on an MLB wager of your choice. | |
| MLB Home Run No Sweat — Place a wager on a player to hit a home run. You'll receive a bet credit equal to your stake if that player doesn't go yard. | |
| NBA Profit Boost Pack — Get three single-use profit boost tokens to use on NBA ame game parlays. Parlays must be at least four legs, minimum total odds of +300 or longer. | |
| Caesars 🏛️ | NBA Odds Boosts — Enjoy boosted odds on a number of pre-selected NBA parlays and same-game parlays. |
| NHL Stanley Cup Playoffs Boost Pack — Claim two 30% profit boosts to use on an NHL parlay or same-game parlay with minimum +400 odds. | |
| bet365 🟢 | NBA Early Payout — Place a pre-game moneyline wager on an eligible NBA playoffs matchup and if the team you back goes up by 20 points, you will instantly be paid out as a winner. |
| MLB Early Payout — If the team you backed on the moneyline opens up a five-run lead at any point in the game, you'll be paid as a winner — even if they ultimately lose. | |
| Two Goals Ahead Early Payout — If the soccer team you bet on takes a two-goal lead, your bet will be paid out early as a winner, even if they lose. | |
| Hockey Early Payout — During the NHL playoffs, if your team goes three goals ahead you'll be paid as a winner | |
| BetRivers ⚡ | BetRivers PropPacks — Place SGPs to collect player cards. Depending on how your players perform, you can earn rewards. The grand prize is a chance at $10,000 in bonus money. |
| Fanatics Sportsbook 🔴 | Fair Play Extension — For the duration of the NBA Playoffs, Fanatics Sportsbook will be extending their Fair Play policy to cover the 1st Half, previously covering the 1st Quarter only. |
| FanCash Drops — This is a new game giving customers the chance to win up to $10,000 FanCash for 4/18 as well as further prizes every Friday, until at least June. |
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 $150 in bet credits after betting just $5 with Oddspedia's bet365 bonus code. If you enter the code ODDSBONUS (or ODDS365 for CO, IL, NJ, PA and TN) 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 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 (code only required in MI, NJ, PA or WV), 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 bet365 $1,000 safety net 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
- DC sportsbook promos
- Florida sportsbook promos
- Illinois sportsbook promos
- Indiana sportsbook promos
- Iowa sportsbook promos
- Kansas sportsbook promos
- Kentucky sportsbook promos
- Louisiana sportsbook promos
- Maryland sportsbook promos
- Massachusetts sportsbook promos
- Michigan sportsbook promos
- Missouri sportsbook promos
- New York sportsbook promos
- NJ sportsbook promos
- North Carolina sportsbook promos
- Ohio sportsbook promos
- Pennsylvania sportsbook promos
- Tennessee sportsbook promos
- Texas sportsbook promos
- Vermont sportsbook promos
- Virginia sportsbook promos
- West Virginia 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 and Super Bowl 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 hit 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.
⛳ Golf promos
The best golf betting sites will provide regular promotions for big tournaments on the calendar. The most common types of golf promos are odds boosts, where you can enhance your profit on a selected wager. If you think a certain player will win the whole tournament, or crack the top 10, you can apply your boost token to walk away with a bigger payout.
🏁 Auto racing promos
They won't be as frequent as other promos surrounding other sports, but top-tier NASCAR betting sites and F1 betting sites will offer bonuses around big races and historic events. You may see odds boosts for a driver to reach the podium, or receive bet insurance if your selection doesn't come to fruition.
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 many more across the sports betting market. But we'll leave you with our most important takeaways:
| 🥇 Best welcome bonus | DraftKings - Bet $5, win $300 + $1K deposit bonus |
| 💰 Best bet insurance offer | BetMGM - Up to $1,500 back in bonus bets |
| 💵 Best bet-and-get offer | FanDuel - Bet $5, win $200 in bonus bets |
| 🤝 Best referral bonus | DraftKings - Give $100, get $100 |
| 📱 Best sports betting app | bet365 |
| 🔞 Legal age to claim promos | 21; 18 (MT, NH, RI, WY) |
| 🌎 Legal states with promos | 38+ |
Best online sportsbooks by state
Interested in learning more about the status of legal sports betting in your region? Check out our state-specific guides:
Best sports betting apps by state
Pinpointing the best sports betting apps in your area can be a hassle. That's why we've put together the following guides:
Best sportsbook promos FAQs
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.
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. Promo codes can be entered when you're making a deposit or are otherwise prompted.
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
Are sportsbook promos legal?
If you're using a promotion on a legal sports betting site in the U.S., then it's safe to assume that promo is legal. Sportsbooks are only granted a license to operate in a state if they meet 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.
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 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.
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 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.
Michael Hoad is a commercial content editor at Oddspedia. Prior to joining the team, Michael spent a combined 10 years as a writer and editor with Rogers Sportsnet and Yahoo Sports Canada. When he’s not looking for the latest must-bet odds boosts, you can find him sweating out Toronto Blue Jays games.
