Best Sports Betting Bonuses and Promos Codes in U.S. - July 2024
We’ve tested and reviewed the top sportsbook promos and bonus codes from top sportsbooks like FanDuel, DraftKings, bet365, Caesars, BetMGM, ESPN BET, Fanatics, and BetRivers. Check back daily for the latest betting bonus bets, deals, and sportsbook promotions.
Best Sportsbook Bonus Bets - July 2024
Our reviews of these betting bonuses are based entirely on accuracy and transparency as we rigorously assess all sportsbook promotions to ensure they adhere to strict fairness and reliability standards.
Committed to user well-being, Gambling.com always promotes responsible gambling practices with all sportsbooks with sign-up bonus, offering tools like deposit limits and self-exclusion options.
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List of Sportsbook Sign Up Bonuses
- 1Established 2013Must be 21+ to participate. T&Cs apply."Fire Bets" allow instant micro-bets on real-time game events with live streaming and dynamic odds."Squares" lets users bet on the final digits of each team's score using a 10x10 grid.'Watch and Bet' offering live streaming of the NFLGAMBLING1000Promo Code
The code required to claim this sign-up bonus (if any)
Live StreamingYesIn-Play Betting14Bet BuilderYesCash OutYesiOS AppYesBacked by Caesars Entertainment, the sportsbook offers real-life loyalty rewards, various free bet promotions, exclusive "Fire Bets" for instant in-game wagering, and a "Squares" feature for unique betting opportunities during major events. - 2Established 2018Offered by Seminole Hard Rock Digital, LLC. Must be 21+ and physically present in AZ, IN, NJ, OH, TN or VA to play. Terms and conditions apply. In IN, if you or someone you know has a gambling problem and wants help, call 1-800-9-WITH-IT. In AZ call 1-800-NEXT-STEP or text NEXTSTEP to 53342.GAMBLING PROBLEM? CALL 1-800-GAMBLER (NJ, OH, TN, VA)
- 3Established 2001Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Must be 21+ to participate. Gambling Problem? Call 1-800-GAMBLER
- 4Established 2018Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, KY, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.
- 5Established 2023Must be 21+ to participate. T&Cs apply.
- 6Established 2012Must be 21+ and in a legal betting state to participate. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER
- 7Established 2009Must be 21+ to participate. T&Cs apply.
- 8Established 2013Must be 21. New Jersey only. Gambling problem? Call 1-800-GAMBLER
- 9Established 2020Mus be 21+to participate. T&Cs apply
Best Online Betting Offers for New Customers
Bonus bets are a popular sportsbook promo that provides site credits for risk-free wagers, where you keep the profit but not the stake. We used our extensive betting experience to evaluate all legal online betting sites in the United States and identify the best promotions available to new customers.
In July 2024, here are the top seven new-user sportsbook promos for 2024. Click the links below to explore each offer and use our exclusive promo codes to get started with a welcome bonus at these top sports betting sites.
- New User Bonus: $1,000 First Bet Refund or $150 in Bonus Bets
- bet365 Bonus Code: GAMBLING
- Details: Choose between a $1,000 first bet refund or $150 in bonus bets with bet365.
- Best Features: Edit Bets, Bet & Watch, & Profit Boosts
Betting Bonus Terms & Conditions
$1,000 First Bet Refund:
- Eligibility: New customers. Minimum deposit: $10. Claim within 30 days.
- Qualifying Bet: First bet up to $1,000. Only cash bets. Partially Cashed Out bets count only for the active part.
- Bonus Bets: Non-withdrawable, excluded from returns, expire in 7 days.
$150 in Bonus Bets:
- Eligibility: New customers. Minimum deposit: $10. Claim within 30 days.
- Qualifying Bet: Place $5 in qualifying bets. Bets using Bonus Bets, Virtual Sports, or Daily Lineups do not qualify.
- Bonus Bets: Non-withdrawable, excluded from returns, expire in 7 days.
Pros & Cons of this Betting Bonus
- Flexible Options: Choose between $1,000 first bet refund or $150 in bonus bets.
- Low Minimum Deposit: Only $10 required.
- Quick Availability: Bonus Bets available within an hour.
- Short Expiry: Bonus Bets expire in 7 days.
- Betting Conditions: Only cash bets qualify; edited or fully cashed-out bets disqualify.
- Non-Withdrawable: Bonus amount can't be withdrawn.
Ideal For
bet365 is ideal for sports bettors who value flexibility in their bonuses and want the ability to manage their bets. It's perfect for both casual and experienced bettors looking for unique features and a variety of betting options.
Our Verdict
bet365 Sportsbook is one of the best best new betting sites to enter the U.S. market. bet365 offers unique promotions and useful features like edit bet and live streaming for bettors.
2. BetMGM: $1,500 First Bet Refund
- New User Bonus: $1,500 First Bet Refund
- BetMGM Promo Code: GAMBLINGCOM
- Details: Enjoy up to $1,500 in first bet refunds at BetMGM.
- Best Features: Lion’s Boost & Edit bets post-placement
Betting Bonus Terms & Conditions
- Eligibility: Must be located in a state where BetMGM offers services.
- Exclusions: Employees, affiliates, and their immediate family members are ineligible.
- Bonus Bet Terms: Non-withdrawable, expire in 7 days, forfeited upon use.
Pros & Cons of this Betting Bonus
- High Bonus Potential: Up to $1,500 in Bonus Bets available.
- Low Minimum Deposit: Only $10 required.
- Quick Availability: Bonus Bets awarded promptly after initial bet settles.
- Bonus Bet Conditions: Non-withdrawable and expire in 7 days.
Ideal For
BetMGM Sportsbook suits bettors seeking a substantial welcome bonus and are comfortable with the terms of non-withdrawable bonus bets. It's ideal for both new and experienced bettors looking to start strong.
Our Verdict
BetMGM offers a substantial first bet refund and innovative features like Lion’s Boost. It boasts one of the best sports betting apps in the business, enhancing the user experience, particularly for mobile betting.
3. Caesars Sportsbook: $1,000 First Bet Refund
- Welcome Bonus: $1,000 First Bet Refund
- Caesars Sportsbook Promo Code: GAMBLING1000
- Details: Get up to $1,000 back on your first bet, if your first bet loses
- Best Features: FireBets, NFL live streaming & Caesars Squares
Betting Bonus Terms & Conditions
- First Wager: Must be placed within 30 days of account registration.
- Cash Funds Only: Bets using Bonus Bets or other promotional funds do not qualify.
- Issuance: Credited within two business days if the Qualifying Wager loses.
- Single Use: Cannot be broken into smaller bets.
- Non-withdrawable: Value not included in winnings, expires in 14 days.
Pros & Cons of this Betting Bonus
- High Bonus Potential: Up to $1,000 in Bonus Bets for a lost first wager.
- Low Minimum Deposit: Only $10 required.
- Quick Availability: Bonus Bets issued within two business days.
- Bonus Bet Conditions: Non-withdrawable and expire in 14 days
- Forfeiture Risk: Bonus Bets are forfeited upon use
Ideal For
Caesars Sportsbook is ideal for bettors seeking a substantial safety net for their first bet, suitable for both new and experienced bettors who appreciate a high-value welcome bonus.
Our Verdict
The Caesars sportsbook promo stands out with for generous first bet refund. More types of promotions and better customer support could make the user experience even better. The FireBets features adds significant value for those interested in dynamic, in-game betting options.
4. FanDuel: Bet $5+, Get $200 in Bonus Bets
- Welcome Bonus: $200 in Bonus Bets
- FanDuel Promo Code: No promo code is needed to claim this offer
- Details: Receive $200 in bonus bets upon sign-up with FanDuel.
- Best Features: FanDuel TV and Radio, Daily Offers & SGP+
Betting Bonus Terms & Conditions
- First Wager: Must be a cash wager of at least $5.
- Eligibility: First bet must win to receive the $200 in Bonus Bets.
- Issuance: Bonus Bets credited within 72 hours of winning bet settlement.
- Single Use: Awarded Bonus Bets do not need to be used in one lump sum.
- Non-withdrawable: Bonus Bet value not included in winnings.
Pros & Cons of this Betting Bonus
- High Reward: Up to $200 in Bonus Bets for a winning first bet
- Low Minimum Bet: Only $5 required
- Flexible Use: Bonus Bets can be used in multiple wagers
- Winning Bet Required: Only winning first bets qualify
Ideal For
This sports betting promo is ideal for new bettors looking to maximize their first winning bet.
Our Verdict
This sports betting promo from FanDuel Sportsbook remains a favorite for its straightforward bonus structure and high-quality live streaming via FanDuel TV. We also appreciate the daily promotions offered across various sports. New users can $5 Get $150 in Bonus Bets If Your Bet Wins" data-brand_id="393" data-brand_product_id="832" data-offer_id="4679" data-site_offer_id="8924" data-gtm="pagetext FanDuel" data-cta_hash="be8abb33-b462-4f08-9a2a-f68ffc3acbad" >sign up here.
5. DraftKings: Bet $5, Get $150 in Bonus Bets
- Welcome Bonus: $150 or $300 in Bonus Bets
- DraftKings Promo Code: No promo code is needed to claim this offer
- Details: Get $150 or $300 in bonus bets with DraftKings (depending on your state).
- Best Features: Follow users, share bets, and social media integrations
Betting Bonus Terms & Conditions
- Eligibility: Must sign up and deposit at least $5.
- First cash wager of $5+.
- $150 in Bonus Bets issued instantly
- Bonus Bets awarded as six $25 Bonus Bets
- Non-withdrawable, single-use, and have no cash value.
- Payouts exclude the Bonus Bet stake
Pros & Cons of this Betting Bonus
- Instant Reward: Get Bonus Bets instantly
- Low Minimum Bet: Only $5 required.
- Flexible Use: Six $25 Bonus Bets can be used separately
- Short Expiry: Bonus Bets expire in 7 days.
- Non-withdrawable: Bonus Bet value is not included in winnings.
Ideal For
This sports betting promo is perfect for new bettors looking for instant rewards and flexibility in using bonus bets.
Our Verdict
This sportsbook promo from DraftKings Sportsbook stands out as one of the best with its flexible bonus and unique social betting features, like following users, sharing bets, and engaging socially. However, there is room for improvement in expanding the range of offers.
6. Fanatics Sportsbook: $1K or $1.5K in Bonus Bets
- Welcome Bonus: $1,000 or $1,500 in Bonus Bets (depending on your state)
- Fanatics Sportsbook Promo Code: No promo code is needed to claim this offer
- Details: Bet $5+ on min. -200 odds each day for 10 days or 11 days in KY, NC, TN, OH)
- Best Feature: FanCash Rewards program
Betting Bonus Terms & Conditions
- Eligibility: New customers only, must deposit and place a minimum $5 cash wager.
- Payout Time: Each day’s Bet Match is credited within 72 hours.
- Bonus Bets Expiration: Valid for 7 days. Non-withdrawable, single-use, and have no cash value.
- Payout Restrictions: Payouts exclude the Bonus Bet stake.
Pros & Cons of this Betting Bonus
- Extended Rewards: Receive Bet Matches for 10-11 consecutive days
- Low Minimum Bet: Only $5 required to qualify
- Daily Opportunities: Bet Matches provide continuous betting opportunities
- Short Expiry: Bonus Bets expire in 7 days
- Non-withdrawable: Bonus Bet value is not included in winnings.
Ideal For
This is ideal for new bettors seeking sustained rewards and daily betting opportunities.
Our Verdict
Fanatics Sportsbook promo offers a unique welcome bonus that rewards new users with daily Bet Matches, perfect for those looking to maximize their initial deposits over an extended period.
7. ESPN BET Sports Betting: $1K First Bet Refund
- Welcome Bonus: $1,000 First Bet Refund
- ESPN BET Promo Code: GAMBLING1000
- Details: First bet refund up to $1,000 in bonus bets if it loses.
- Best Feature: Easy bet sharing with ESPN BET Sharing
- Eligibility: New customers, $10 min. deposit and wager
- Payout Time: Credited within 72 hours
- Bonus Bets Expiration: Valid for 7 days, non-withdrawable
- Payout Restrictions: Excludes Bonus Bet stake
Pros & Cons of this Betting Bonus
- Risk-Free Start: Get a second chance if your first bet loses
- High Refund Limit: Up to $1,000 in bonus bets
- Short Expiry: Bonus Bets expire in 7 days
- Non-withdrawable: Bonus Bet value is not included in winnings
Ideal For
This is ideal for new bettors seeking a risk-free entry into sports betting with the potential for high refunds.
Our Verdict
ESPN BET's welcome bonus offers a substantial first bet refund, making it a great option for those looking to start strong and mitigate initial risk.
Other Sportsbook Sign up Promotions
- BetFred Promo: $105 First Bet Refund
- Bally Bet Promo: $150 in Bonus Bets
Best Sportsbook Odds Boosts & Promotions
Below are best odds boosts and promotions for existing users, this week:
DraftKings: All Soccer SGP/SGPx Boost
Get a Profit Boost to use on a Soccer SGP or SGPx bet.
Ideal For:
- The Leagues Cup games this week.
How to Maximize the Promo:
- Create Account: Sign up below.
- Build Your Parlay: Create a Soccer SGP or SGPx bet.
- Apply the Profit Boost: Use the boost on your parlay.
- Select Strong Picks: Combine high-probability outcomes for better chances.
FanDuel: Parlay Boost Builder (PBT)
Sign up, Opt-in, build a 3-Leg Parlay, apply your Boost Builder, and get a 15% Profit Boost on your wager. For each additional leg, the Profit Boost increases by 10%.
Ideal For
- Bettors who enjoy building parlays for higher returns.
How to Maximize the Promo
- Create an account: Sign up below
- Opt-In: Register for the promotion.
- Build a Parlay: Start with a 3-leg parlay.
- Apply Boost: Use the Boost Builder.
- Add More Legs: Increase the number of legs for a bigger boost.
bet365: MLB Bet & Get
Earn Bonus Bets by wagering on Tuesday's MLB action.
Ideal For
MLB bettors looking to earn bonus bets with their Tuesday wagers.
Maximize the Promo
- Place Your Bet: Wager on any MLB game on Tuesday.
- Earn Bonus Bets: Receive bonus bets based on your wager.
- Utilize Bonus Bets: Use your bonus bets on future MLB games to increase your potential winnings.
Sports Betting Promos to Use this Week
Stay up to date with this week's top sports events along with our recommended sportsbook promotions to maximize your betting experience:
| Events | Promo | Additional Resources |
|---|---|---|
MLB Baseball
|
| Best MLB Betting Sites |
Soccer: Leagues Cup
| Bet365: 30% SGP Profit Boost on ANY Leagues Cup | Best Soccer Betting Sites |
Best Sportsbook Promo for July: Bet $5, Get MLB.TV Free with FanDuel
Details
- How It Works: Sign up, bet $5 on any MLB game. Opt-in required.
- Promotion Period: Place your $5+ bet on MLB games between July 15 to July 30.
- End Date: July 30.
- Reward: Receive MLB.TV All Teams Monthly subscription, regardless of bet outcome.
- Ineligible Bets: Excludes bets with bonus funds, profit boosts, or cash outs, and bets outside MLB games from July 15-30.
Steps to Qualify
- Opt in to the promotion.
- Bet $5 or more on MLB games.
- Enjoy your MLB.TV subscription.
Why We Like It
- Excellent value for a $5 bet.
- Guaranteed reward, win or lose.
- Simple and easy to participate.
Best Betting Bonus for MLB: Dinger Tuesdays
FanDuel offers bonus bets for every home run hit by both teams in any MLB game on July 30th, 2024.
Why We Like It
- Bonus Bets: Earn rewards for each home run by both teams.
- Simple Wager: Place a pre-live, straight "To Hit a Home Run" bet.
- Exciting: Adds extra thrill to MLB games.
How to Utilize the Promo
- Bet on Power Hitters: Choose teams with strong home run hitters.
- Check Game Conditions: Favor games with favorable hitting conditions.
- Review Stats: Use recent home run stats for informed betting.
Best Sportsbook Bonus for NFL: Caesars' Welcome Offer
Caesars Sportsbook, one of the best NFL betting sites, offers new customers up to $1,000 back in bonus bets if their first bet doesn't win. This generous promotion provides a strong safety net for NFL bettors.
Why We Like It
- Risk-Free: Up to $1,000 back if your first bet loses.
- Flexible: Use the bonus on any NFL game.
- Great Value: A solid safety net to start betting confidently.
How to Utilize the Promo
- Sign Up: Create a new account.
- Place Your Bet: Make your first bet on any NFL game.
- If Your Bet Loses: Get up to $1,000 in bonus bets.
- Using the Bonus: Use the bonus bets on future wagers.
Caesars Sportsbook provides one of the top NFL betting bonuses. New customers can get up to $1,000 back in bonus bets if their first bet doesn't win. This gives you a strong safety net to start betting on NFL games with confidence.
Best Sportsbook Promotion for Tennis: 70% Parlay Boost
bet365 offers a 30% SGP Profit Boost on any Leagues Cup game this week.
Why We Like It
- Higher Returns: Increase your potential winnings by 30%.
- Flexibility: Applies to any Leagues Cup game.
How to Utilize the Promo
- Choose Confident Matches: Pick outcomes you are sure about.
- Balance Picks: Mix favorites with some underdogs.
- Research Players: Check recent form and stats.
Best Sportsbook Promo for Soccer: Soccer Profit Boost
bet365 is offering a 30% SGP Profit Boost on ANY Leagues Cup game this week.
Why We Like It
- Profit Boost: 30% increase on same game parlays.
- Versatile: Valid for any Leagues Cup game.
How to Utilize the Promo
- Build Your Parlay: Create a same game parlay.
- Apply the Boost: Use the 30% profit boost.
- Analyze Teams: Check recent stats for better bets.
Best Betting Offers by State
Welcome offers and existing promotions can vary by state. Click through below to see the offers currently available in your state. If your state isn't listed, sports betting may not be legal yet. To learn more about the legal status and regulations of your state, check out our legal sports betting states tracker.
State | Type Of Promos |
Sportsbook | |
DFS/Sweepstakes | |
Sportsbook | |
Sportsbook | |
Sportsbook | |
DFS/Sweepstakes | |
Sportsbook | |
Sportsbook | |
Sportsbook | |
Sportsbook | |
Sportsbook | |
Sportsbook | |
Sportsbook | |
Sportsbook | |
Sportsbook | |
Sportsbook | |
Sportsbook |
Maryland-Exclusive Betting Promo Code
For residents of and visitors to Maryland, there’s an in-state-only bonus that’s worth your attention. The Crab Sports promo offers a tempting sign-up bonus for new customers: a $500 First Bet Insurance.
The way it works is you place your first bet of up to $500 and if it loses, Crab Sports will refund it in the form of bonus bets up to $500.
These bonus bets are awarded in $25 increments and must be used on minimum -120 odds. It's important to note that the bonus bets cannot be withdrawn, and any winnings from these bets are capped at twice the stake amount.
| Sign Up Bonus: | $500 First Bet Insurance |
| Promo Code: | Promo Code: GAMB" data-brand_id="1585" data-brand_product_id="2211" data-offer_id="16324" data-site_offer_id="34998" data-gtm="pagetext Crab Sports" data-cta_hash="55d727ef-ec0a-4e53-a4de-143f5c502734" >GAMB |
| Expiration Date: | Dec. 31, 2024 |
New Jersey-Exclusive Betting Promo Code
New customers in the Garden State using the Borgata promo code GDCBONUS will receive $100 in bonus bets after you place just a single $20 real-money wager. All you need to do is place your first bet of at least $20, and Borgata will give you $100 in bonus bets immediately after your initial wager.
It’s not just new customers who benefit from Borgata’s offers; existing customers also have the chance to earn up to $100 in bonus bets each week.
| Sign Up Bonus: | Bet $20 on Basketball & Get $100 in Bonus Bets |
| Promo Code: | $100 When You Bet $20
Promo Code: GDCBONUS" data-brand_id="233" data-brand_product_id="894" data-offer_id="4470" data-site_offer_id="4575" data-gtm="pagetext Borgata" data-cta_hash="0ba39cdf-ec1b-40c1-9e4d-d30aece8d135" >GDCBONUS |
| Expiration Date: | Dec. 31, 2024 |
Different Types of Sports Betting Promos
Betting bonuses are promotional offers provided by sportsbooks to attract new customers or reward existing ones. Here's how they typically work:
Sign Up Bonuses
Many leading sportsbooks provide a sign-up bonus to attract new users. These bonuses often include offers like bonus bets, where users can place a specified wager and receive bonus bets in return. This allows new bettors to explore various sports betting apps with a minimal financial commitment, typically requiring an initial deposit of just $5 or $10.
Deposit Match Offer
A deposit match promotion offers a bonus that matches the amount you deposit when signing up with a sportsbook. These promotions, such as those provided by FanDuel, can be very enticing due to their high advertised values. However, they often come with playthrough requirements, so it’s essential to check the terms and conditions.
The bonus amount you receive is based on your initial deposit. Typically, you’ll need to wager the bonus credits a certain number of times before they can be withdrawn.
A Second Chance Bet offers a safety net for users by providing a refund or bonus if their initial wager loses. If your first bet doesn’t win, you receive a bonus or site credit equivalent to the lost amount. This promotion allows new users to place their first bet with less risk, as they have an opportunity to recover their stake if it doesn’t succeed. Typically, the refund is given as site credits or free bets, which must be used according to the sportsbook's terms.
First Bet Insurance is a promotion that protects your initial wager by offering a refund if your first bet loses. If your first bet doesn’t win, you receive a bonus or site credit equal to the amount of your lost wager. This insurance allows new users to place their first bet with confidence, knowing they have a chance to recover their stake if the bet does not succeed. The refund is typically provided as site credits or free bets, and must be used according to the sportsbook's terms and conditions.
No Deposit Bonuses
No deposit bonuses are granted without the need for an initial deposit. These bonuses are typically smaller in value and allow new users to explore the sportsbook and place bets without risking their own money.
Free Bets
Bonus bets are credits given to bettors that can be used to place wagers. If the bet wins, the bettor receives the profit from the wager, but not the stake amount of the bonus bet. These are often part of welcome packages or ongoing promotions.
Reload Bonuses
Reload bonuses are similar to welcome bonuses but are offered to existing customers who make additional deposits. They often come as a percentage match of the deposit amount to encourage continued betting.
Cashback Bonuses
Cashback bonuses offer a percentage of a bettor’s losses back as a bonus. This type of bonus can help soften the blow of a losing streak and is usually credited as bonus bets or site credit.
Enhanced Odds
Enhanced odds, or price boosts, are promotions that offer better odds on specific events or markets. These promotions can increase potential winnings and are often available for a limited time.
Loyalty Programs
Loyalty programs reward bettors for their ongoing activity with points that can be redeemed for bonus bets, cashback, or other perks. These programs aim to retain customers by providing value for their continued patronage.
Refer-a-Friend Bonuses
Refer-a-friend bonuses reward existing customers for bringing in new users. When a referred friend signs up and makes a qualifying deposit or bet, both the referrer and the new customer receive a bonus.
Event-Specific Promotions
These promotions are tied to specific events or tournaments. They can include enhanced odds, bonus bets, or special offers related to major sports events like the Super Bowl, World Series, or World Cup.
What to Look for in Sportsbook Bonuses
When evaluating sportsbook bonuses, consider the following factors to ensure you get the best value:
Bonus Type
Understand the type of bonus offered. Common types include sign-up bonuses, deposit matches, free bets, and risk-free bets. Each type has different benefits and requirements.
Playthrough Requirements
Check the playthrough or rollover requirements, which indicate how many times you need to wager the bonus before it can be withdrawn. Lower playthrough requirements are generally more favorable.
Minimum Deposit and Wagering Limits
Review the minimum deposit required to qualify for the bonus and any minimum or maximum betting limits. Ensure these limits align with your betting habits and budget.
Eligibility and Restrictions
Verify if there are any restrictions on the bonus, such as eligible markets, bet types, or geographic limitations. Some bonuses may only apply to specific sports or betting markets.
Expiration Date
Pay attention to the bonus’s expiration date. Bonuses often have a limited time frame for use, so make sure you can meet the requirements within the given period.
Refunds and Adjustments
Understand the terms for refunds or adjustments if your bet does not meet the bonus criteria. Some bonuses offer partial refunds or other compensations.
Promotional Codes
Look for any promotional codes that need to be entered to claim the bonus. Ensure you apply these codes correctly to receive the bonus.
Bonus Value
Evaluate the overall value of the bonus. Consider both the bonus amount and the associated terms to determine if it offers good value relative to other promotions.
By considering these factors, you can make an informed decision and choose a sportsbook bonus that best fits your betting needs and preferences.
How to Claim Your Betting Bonus
Using a promo code for a sportsbook can allow access to promotional offers such as bonus bets, deposit matches, or enhanced odds.
- Sign Up: Register with the sportsbook if you're a new user.
- Deposit: Make a qualifying deposit for deposit bonuses.
- Opt-In: Enter a promo code or opt-in if required.
How to Use Betting Bonuses
Bonus Funds
Bonus funds can be used to place bets on various markets and events. However, these funds often cannot be withdrawn directly. Instead, you need to meet certain wagering requirements before converting them into withdrawable cash. Make sure to check the terms and conditions to understand how to utilize these funds effectively.
Winning from Free Bets
When you win from free bets, the winnings are typically credited as cash, but the original stake from the free bet is not included in the payout. For example, if you place a $10 free bet and win $30, you’ll receive $30 in cash, but not the original $10 stake. Always review the terms associated with free bets to ensure you understand how your winnings will be processed.
Terms & Conditions for Betting Promotions
Minimum Deposit
Some sportsbook promotions require a minimum deposit before you qualify for the offer, ensuring you commit a specified amount to your account. They are designed to encourage active participation.
This amount varies by sportsbook and by promotion.
Minimum Bet
Some sportsbook sign-up offers stipulate that a minimum bet amount must be wagered to qualify, ensuring bettors place a specific stake on their bets.
The exact amount required for the minimum bet varies across different promotions and sportsbooks.
Minimum Odds
Some sportsbook sign-up promotions specify that your wager must fall within a certain odds range in order to qualify for the bonus.
This condition is designed to ensure that bets meet a minimum risk level, preventing bettors from only placing extremely safe bets to claim bonuses.
These odds are usually set out as a minimum value (e.g., +200), and bets placed must have odds equal to or exceeding this figure in order to qualify for the promotion.
Expiration Date
Sportsbook promotions are often time-sensitive, available only within a specified betting window. Similarly, bonus bets awarded as part of these promotions come with expiration dates.
Bettors must use these bonuses within the designated timeframe, outlined in the terms and conditions, to take full advantage of the offer before it expires.
Playthrough
Playthrough requirements are conditions set by sportsbooks for withdrawing bonus bets. It often stipulates that a bettor must wager a specified amount of times before any winnings can be withdrawn.
This ensures that the bonus funds are used for the sole purpose of betting rather than being immediately cashed out or withdrawn. Fortunately, bonus bets typically only have 1-3x playthrough requirements, but you should always read the terms & conditions for each sportsbook's bonus credits to make sure.
How We Rate & Review the Sportsbook Promos
These factors are essential considerations for rating and reviewing sportsbook promos:
Deposit Methods
We assess which deposit methods qualify for the promotion and whether there are any restrictions or preferences.
Expiry Dates
We highlight the promotional period's duration, including any deadlines for opting in, using bonus funds, or meeting wagering requirements.
Wagering Requirements
We analyze the playthrough requirements to understand how many times bonus funds must be wagered before they can be withdrawn.
Maximum Winnings
We clarify any limits on the amount that can be won using bonus funds or through boosted odds.
Transparency
We assess how clearly the terms and conditions are communicated and whether they are easily understandable for users.
Promo Type
We categorize promotions into welcome bonuses, reload bonuses, free bets, and more, providing clarity on the type of promotion offered.
Bonus Condition
We detail minimum odds requirements, eligible bet types, and any restrictions on specific markets or events.
Customer Support
We evaluate the responsiveness and effectiveness of the sportsbook's customer support in handling promo-related inquiries.
Claiming Sportsbook Offers Without a Promo Code
Some sportsbook offers do not require a promo code to be entered. Here, I look at how to claim those offers:
- Visit the Promotions Page: Browse the sportsbook's promotions page to find available offers. These promotions are typically activated through a simple opt-in button or by fulfilling specific betting conditions.
- Opt-In for the Offer: For offers without a promo code, there may be an opt-in button you must click to participate. This button confirms your interest and activates the offer upon meeting the requirements.
- Fulfill the Offer Conditions: Like with promo code offers, these promotions may still require a minimum deposit or bet, so ensure you meet these conditions.
- Monitor Your Account: After opting in and meeting the necessary conditions, monitor your account to ensure the bonus is applied correctly.
- Contact Support if Needed: Once again, if the bonus fails to activate, reach out to the sportsbook's customer support team who will be able to assist you further.
Maximizing Sports Betting Promos
To maximize your profits with sportsbook promotions, it's crucial to view bonus bets as opportunities to boost your bankroll strategically. By following these strategies, you can effectively utilize sportsbook promotions to enhance your overall betting experience and increase your chances of profitable outcomes.
We break down out top tips for betting bonuses in detail below:
1. Understand Your Sportsbook Bonus Terms
Before claiming any sportsbook bonus, read the terms and conditions carefully. Knowing the wagering requirements and minimum odds can help you use the bonus effectively and avoid issues.
2. Take Advantage of Bet Deals
Look for bet deals that offer value, such as enhanced odds or free bets. These bet deals can boost your potential returns and provide more opportunities for winning.
3. Compare the Best Sportsbook Promos
Different betting sites promotions offer varying benefits. Compare the best sportsbook promos across multiple sites to find the ones that offer the most value for your betting strategy.
4. Keep an Eye on Sportsbook Promos
Regularly check for sportsbook promos to ensure you don't miss out on limited-time offers. Staying updated on current betting offers can help you capitalize on the best promotions available.
5. Use Bonus Bets Wisely
If you receive bonus bets, use them on bets with favorable odds and lower risk to maximize their value. Avoid using bonus bets on high-risk wagers that could lead to losing the bonus.
6. Sign Up for Notifications
Subscribe to notifications or newsletters from your favorite betting sites to stay informed about new sportsbook bonuses and exclusive betting offers. This ensures you never miss a chance to benefit from the latest promotions.
By incorporating these strategies, you can make the most out of sportsbook bonuses and betting offers, enhancing your overall betting experience.
Responsible Gambling with Sports Betting Bonuses
Even though sportsbooks bonuses are easy to use and readily available, they don't take the place of smart betting practices. You still need to make sure you're betting within your means and gambling responsibly when using sportsbook promos.
This is particularly important for your first bet. First bet refunds or second-chance bets will often tout a big total sum that's protected should you lose. You still need to make sure that your first bet is within your limits.
Bonus bets and similar offers are not without fine print. Don't forget about playthrough (or rollover) requirements. You must meet specific conditions to withdraw bonus funds with the rest of your profits. Most sportsbook promotions require you to wager a certain amount of money before you can withdraw bonus funds
If you know that the requirement to continue betting could become a problem for you, there are responsible gambling tools and resources available at every sportsbook, as well as non-profit groups.
These include cooling off periods, self-exclusion lists, depositing limits, wagering limits, and blocks on gambling transactions at your bank.
If you or someone you know is struggling with gambling addiction, you can contact the National Problem Gambling Helpline at 1-800-GAMBLER.