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Operators will offer a variety of sports betting promotions in 2024. U.S. š”customers can read this in-depth review to find their preferred bonus for a certain league. Weā€™ll discuss the best onesąµ² and explain how they work.

  • Superb odds for parlays.
  • 30% profit boosts for certain events.
  • Bet $5, receive $150 in bonuses

Full T&Cs apply. Gambling problem? Call 1-800-GAMBLER

  • No sweat same-game parlays (SGPS).
  • Welcome bonus for new users.
  • Free daily fantasy contests with paid prizes.

Full T&Cs apply. Gambling problem? Call 1-800-GAMBLER

  • Huge welcome bonus of up to $1,500.
  • Odds boost tokens for various sports.
  • Refer a friend promotions year-round.

Full T&Cs apply. Gambling problem? Call 1-800-GAMBLER

  • Bet $20, receive $100 in bonus bets.
  • Free live streaming for certain leagues.
  • Huge offers for new casino members.

Full T&Cs apply. Gambling problem? Call 1-800-GAMBLER

In this section, weā€™ll highlight the fivešŸ’Ž best online sports betting promotions from five betting platfošŸ”œrms. Each one has its own pros and cons.

FanDuel Sportsbook

screenshot of fanduel sportsbook promotions page
(Source: FanDuel)

A customer favorite, FanDuel is considered the best sportsbook by many due to its promotions, cross-sport parlays, more-thaną¼ŗ-competitivā­•e odds and daily fantasy platform.

 The operatorā€™s current promotion for new users is to bet $5 and receive $150 in bonus bešŸŒ ts with a minimum deposit of $1ā™Š0. The bet must be successful to receive the funds.

FanDuel also šŸ’žowns a horse book, whichā™” gives customers the chance to use a sweat-free bet of up to $500.

For example, if you bešŸ”œt $500 on a horse and it loses, youā€™ll have $500 in promoš’Ŗ funds added to your account.

Regular users flock to FanDuel thanks to its daily prāœ±omotions. With the NBA playoffs ongoing, punters can receive a 30% profit boost on a 3-leg same-game parlay.

Pros:
  • Odds boosts are always available.
  • Minimum deposit is lower than competitors.
  • Seamless mobile app.
Cons:
  • Welcome bonus could be larger.
  • VIP program is invite only.
  • Geolocation issues sometimes occur.

DraftKings Sportsbook

screenshot of draftkings sportsbook promotions page
(Source: DraftKings)

DraftKings, which initiallšŸ’¦y made a name for itself through its daily fantasy platform, is another household name in the sports betting world.

New users have the opportunity to bet $5 and get $200 back in promo funds. Unlike FanDuelā€™s offer, if your bet loses at DraftKings, youā€™ll still receive the $200 in bonuses. It is paid as eiź¦†ght $25 bonuses.

There are a ton of secondary markets šŸ”Æto bet on at DraftKings, and the odds are posted more quickly than most other books. PGA Tour odds are posted early on Monday mornings before other U.S. books release them.

Pros:
  • No sweat SGPs for the NBA playoffs.
  • App is rated 4.9 on the app store.
  • Regular promotions for existing customers.
Cons:
  • Doesnā€™t accept cryptocurrency.
  • Limited sports are available for streaming.
  • Odds are competitive but can be juiced.

BetMGM Sportsbook

screenshot of betmgm sportsbook welcome offer
(Source: BetMGM)

Of all the best sports betting app promotions in this list, BetMGM offers the most valuable for new members, thanks to its $1,500 first bet offer. Handicappers can place a wager of up to $1,500, and if it fails, theyā€™ll receive $1šŸ·,500 back in promo funds, whišŸŒŒch expire in a week and only have a 1x play through (rollover).

BetMGM is also offering a $100 refer-a-friend bonus. Users can invite up to 20 friends, and when each one signs up, both parties wiź¦¦ll receive $100 in boā™šnus bets.

Pros:
  • Live streaming for many leagues.
  • Odds boosts are regularly featured.
  • Fast apps for mobile and desktop.
Cons:
  • Users have been reporting geolocation issues.
  • Customer support isnā€™t always the quickest.
  • Bonuses must be used fast.

Borgata Sportsbook

screenshot of borgata live streaming page
(Source: Borgata)

Borgataā€™s only available sportsbook promotion on its website is live streaming for niche sporting events. The offer allows users to wšŸ„‚atch soccer or tennis live, both in season. Other major leagues can be streamed when they are in season.

Another promotź§‹ion available but found on other reputable sportsbook review websites is to ā€œbet $20 and receive $100 in bonus bets.ā€ This incentive canāœ± be used with a promo code.

Borgata isš“€ owned by MGM Resorts International, thus VIP points are earned simultaneously when you play on either website.

Pros:
  • Futures bets are always featured.
  • Large casino bonus.
  • Points can be used at retail locations.
Cons:
  • Promotions arenā€™t easily displayed on the website.
  • Live streaming is a weak promo.
  • Only available in Pennsylvania and New Jersey.

Caesars Sportsbook

screenshot of caesars sportsbook welcome offer
(Source: Caesars)

Similar to BetMGM, Caš“”esars's renowned brand offers an excellent promotion for new users with its $1,000 bonus. New bettors have the option for a one-time bonus bet of up to $1,000. Ifā˜‚ it loses, theyā€™ll receive $1,000 back in bonuses with 14 days to use them.

Caesars is available in 19 states and offers oܫdds boosts for many major sports leagues, from the NFL, NBA, and MLB to the English Premier League.

Pros:
  • Boosted odds for player props.
  • Search bar enables quick finds.
  • Promos are displayed front and center.
Cons:
  • Odds arenā€™t always the best.
  • Lacks secondary markets.
  • The app can occasionally freeze.

While more is usually better regarding bonus size, some sites require extensive rollovers. We rate the best online sportsbook promotions based on the following factors: How quickly they expire, if a promo code is required, if we see it as valuable, the play-through requirement and how easy itź§’ is to use.

The following step-by-step guide explains how to use a promo code at an online sportsbook. Not all sišŸ’Ætes require a promo code šŸŒøto receive bonuses.

  1. Choose a sportsbook promo: Look for tršŸ’›usted sports betting websites or affiliate partners that provide sportsbook bonus codes. BšŸ™ˆe wary of untrustworthy sources, as certain codes may be old or deceptive.

  2. Sign up for an account: šŸ¦‹Sign up for an account at a reliable and legal sportsbook in your state. Next, enter your personal information and create a username if necessary.

  3. Verify your ID and location: Most sportsbooks verify you using a picture of a government-issued ź¦ŗID, passport or drivers license. Send a clear photo to the customešŸ r support team. Then, allow the website to verify your location.

  4. Make a deposit: Deposit an amount youā€™re comfortable with and that you can afford. Make sure it meets the minimum deposit requirement. If youā€™re a high rolleršŸƒ and want to deposit a large sum, contact the customer support team.

  5. Claim your bonus: Choose the bonus on the website you want, or enter the promo code you were provided with. Itā€™s vital to double-check it hšŸ’Æas been successfully applied.

While every operator in our list covers šŸ”œthe four sports leagues mentioned below, some give better bonuses. Weā€™ll highlight the best sports betting promotions for each.

NFL Sports Betting Promos

Caesars offers some of the best NFL promotions in the industry. In addition to its bonus $1,000 bet, the site gives regular users frequent NFL promos, such as daily odds boosts for games and player props. It also offers sweat-free same-game parlays, which NFL bettors love for primetime games.

NBA Sports Betting Promos

DraftKings has the best NBA sports betting bonus for the playoffs, thanks to the site allowing users one sweat-free NBA playoff parlay each day of the postseason. To claim the bonus, lšŸŒ³ogin to your account, opt-in šŸŒœand place your bet. If it loses, DraftKings will pay you back in bonus bets.

MLB Sports Betting Promos

BetMGM knocks it ouš’ˆ”t of the park when it comes to MLB bonuses. It allows users tošŸ”“ enable 50% SGP profit boost tokens for much better payouts. The siteā€™s cashout feature and ā€œEdit my betā€ option also come in handy for MLB parlays. The $1,500 money-back bonus for a lost first bet also can be enabled for baseball.

NHL Sports Betting Promos

FanDuel is an official partner of the NHL betting and lets members stream matchź©²es for free. It also puts on free contests with paid prizes on its DFS platform.

The site consistently features arguably the best odds of any U.S. sportsbook for parlays. Cross-sport parlays allow bettors tšŸ»o mix player props or straight bets from any league such as the NHL, MLB and NBA.

Odds boosts anš•“d parlay insurance are common daily promotions offered at FanDuel. NHL bettors can also enjoyšŸƒ the ā€œBoost Builderā€ which allows punters to add legs to their parlay and boost their winnings up to 105%.

There are various ways for punters to claim a sportsbook promotion. In some instances, you might have to cšŸ‘lick a link which will take you to the promotion page. From there, youā€™ll either automatically enter the promotion, or youā€™ll have to opt in. The latter is the most common way to claim a sports betting promotion and often merely involves a click of a button.

Promo codes might also be necessary, but these are typically more common with new customer offers as opposed tā›Žo those for existing customers. These codes give punters access to the promotion and can be typed in when registering or making a deposit.

The following bonuses can sound a little confusiź¦æng since many sound similar. We break each of them down below.

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    Bonus Bets: Bonus bets can be offered in many ways for both new and existing members of sportsbooks. They are promotional funds that šŸ’®must be used in order to convert to real money before being withdrawn. Rollover requirements vary from book to book.

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    No Deposit Bonus: Some operators donā€™t give deposit bonuses to new bš’ƒettors. What you depoą½§sit is what youā€™ll see in your account.

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    Deposit Match: A deposit match is a welcome bonus provided by sportsbooks tošŸƒ new customšŸ¼ers. It basically grants you more money to gamble with by matching a percentage of your first deposit up to a particular amount.

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    Welcome Offer: A welcome offer at a bookmaker is a promotional bonus given to new clients to persuade them to sign up and begin betting. These promotions come in various formats, but the most popular is a deposit match bonus. The welcome offer could also consist of free bets, which are wagers that may be placed without risking your own money. Bonus beā™ts are also common in which a losing bet puts the amount wagered into your account as a bonus.

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    Loyalty Bonus: A loyalty bonus is a betting platform's method of recognizing regular customers. By placing wagers, you gain points that advance you via a tier system. The higher your tier, the more appealing the benefits, which may involve free bets, deposit match bonuses, or even uniqįƒ¦ue gifts and experiences.

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    Odds Boost: The sportsbook enhances the odds, which increases the possible payoff for a particular wager of their choosing. This gives you a betterą¹Š chance of earšŸ’§ning more money if your bet is successful.

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    Parlay Insurance: Since parlays are difficult to hit due to every leg needing success, certain bookmakers will give you backšŸ¬ all of or a portion of your losiš“†‰ng stake in bonus bets.

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    Profit Boost: A profit boost (often called profit boost tokens) increase your potential winnings by a certain percentage. The operator will choose a certain percenšŸƒtage for a certainšŸŽ‰ sports league or type of bet.

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    Refer a Friend: It is aź§‹ promotion in which you are compensated for referring your friends to sign up and wager at the betting site. Typically,ź§Ÿ when your buddy opens an account and places a wager (after fulfilling certain requirements), you and your friend are given a bonus. It's essentially the brand's way of rewarding you for promoting their website and bringing in new clients.

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    Reload Bonus: A bonus that punters might earn when they deposit new funds into their account since they are “reloading it.” Reload bonuses can include promo funds, bonus bets or other unique offers.

SportsbookšŸŒŠ promotions are ubiquitous among online bookmakers, and itā€™s important that you opt in to offers that you think will benefit you the most or give you the best chance ofšŸ¦© winning.

Certain bonuses and offers may seem generous on the surface, but when you delve into the terms and conditions, their lack of value could become clear. Therefore, scanning these terms is imperative before taking advantage of a sšŸŽ‰portsbook promotion.

When deciding which betting promotion to opt in for, there are several things to consider. The ź§ƒmostź¦… generous and least risky offers will include these:

  • Low minimum deposit amount: For offers that involve punters having to deposit in order to receive a bonus, the best will require a low deposit amount so you donā€™t hšŸ’›ave to risk a high stake early into your betting journey.

  • Low minimum stake amount: Similar to the deposit amount, but with some betting promotions you may have to place a bet before you receive your bonus. Again, you doš”nā€™t want to risk too much early on ā€” even if the bonuses are bigger with a higher stake.

  • Lower minimum odds for qualifying bet: Bookmakers set a limit on the minimum odds your qualifying bet must be to eliminate borderline guarantees. The bookie makes it harder for you to claim your bonus by includšŸ§œing such limits. Thus, youā€™d be wise to take advantage of any offer with a lower minimum odds requirement.

  • Longer free bet expiry date: Once youā€™ve received your bonus, you have a limited amount of time to ā™•use it. If you receive free bets, you may have just a week to use them in some instances. The most generous sportsbook promotions will offer customers more time to use their bonus, which will likšŸ”Æely give them a better chance of placing a winning bet.

  • No sport/market restrictions: You donā€™t want to be restricted to what you can use your free bets on, right? The best offeš“„§rs will give punters free reign over what they can do with their bonus.

Bookmakers like to confuse punters by including an endless list of terms of conditions with their sports promotions, which can ofteź¦”n look quite daunting. However, when you break the termsšŸŽ‰ down, thereā€™s often only a few details that you need to be aware of to ensure you qualify for the promotion and reap the rewards.

Let's take a look at some of the most commošŸ„ƒn T&Cs associated with betting promotions that you must be aware of:

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    Restricted countries/states/markets/payment methods: Bookmakers will generally give punters free rein over which markets they can use their bonuses on, but there are some instances where the bookmaker restricts your free bet usage to a particular market or sport. You must also check to see whether the promotion in question is available in your country/state as well as any restrišŸ“cted payment šŸ methods.

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    Qualifying bet odds: If the sports promotion in question requires you to place a bet in order to receive a bonus, that qualifying bet must boast odds that meets the bookmakerā€™s requirement. They do not want you backing huge favourites to take ź¦šcare of your rollover requirement, and often encourage a greater element of risk with your qualifying bets.

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    Maximum Bonus: The bookmaker will state the maximum amount you can win from your bonus as they donā€™t want you breaking the bank with your fiš“ƒ²rst bets!

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    Rollover requirement: This is the wagering requiršŸ’–ement imposed by a sportsbook that punters need to bet before they receive their bonus. These are typically associated with neā™›w customer offers, but popular US sportsbooks like DraftKings and FanDuel typically donā€™t include rollovers with their promotions.

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    Minimum stakes: To qualify for a particular promotion, you might be requią¦“red to stake a certain amount of cash before you receive your bonus.

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    Time limits: This is the T and C that catches plenty of punters out. For new customer offers, youā€™ll likely have to take advantage of a bookmakerā€™s promotion within a week of creating your account. Also, once youā€™ve received your bonus, you must use it within an allotted time which is stated clearly by the bookmaker. Usually, punters will have anywhere between two weeks anšŸ’«d a month to use their bonus.

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    Cash out: Prominent US sportsbooks allow their customļ·½ers to cash out their bāœƒets, and itā€™s well worth checking out their cash-out policy for certain promotions.

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    One person per promotion: Tā™Žhis is simple. Bookmakers will only allow punters to enjoy their sports promotions once (in most cases). A concerted effort is made to ensure nobody discovers any loopholes which allows them to create multiple accounts undetected. Strict punishments are handed out to anybody caught trying to dupe the bookmaker.

Claiming betting promotions across different sportsbooks can help a handicapper profit or save them money in the long run. From welcome bonuses to profit boosts, these opportunities to make more than you initially wouldā€™ve sā­•hould bešŸ» taken advantage of. Itā€™s up to the bettor to ensure theyā€™re signing up for a short rollover and receiving the best value.

Every sportsbook we reviewed has its own excellent promotions, whether they cater more to new bettors or regularš“° ones. Beą²žtMGM has the best welcome offer.

Yes, you can claim as many sports betting promos as youā€™d like as long as theyā€™re from different wą¹Šebsites. Many sites offer regular bettors promos daily and arenā€™t limited to just one ā€œnew user promotion.ā€

You must be 18 or 21 šŸ§øyears old to bet online, depending on your state.

Each sportsbook sets iź¦šts own playthrough requirements. One site may have the rollover at 1x, while another could have it at 10x. Remember to ršŸŽead the terms and conditions before opting for bonuses.

Author Avatar
ź§… WRITTEN BY Lawrence Smelser   View alšŸ˜¼l posts by Lawrence Smelser

Whether it's dissecting the latest player stats or offering insightful commentary on emerging betting markets, Lawrence delivers sharp analysis with a dash of wit. His expertise and coverage extends across many sports leagues, such as the NFL, NBA, PGA Tour and international soccer, ensuring readers receive well-rounded insights from a global perspective.

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