Sportsbook bonuses and promos provide bettors with extra incentives to try out new sites. Free money 💵 to bet with is always appreciated. The best sportsbook promos vary by state, and there are different types of bonuses to consider. Let our 30+ years of industry expertise help you decide which sportsbooks offer the best promos.
In this complete guide to the best sportsbook promos and bonuses, we cover new sportsbook promos from books including FanDuel, bet365, BetMGM, Caesars, and Hard Rock Bet, explain how the best bonuses work, show you how to claim them instantly, and offer advice on the best strategy for using bonus bets.
FinCertified Sportsbook Promotions FinCertified - We prioritize what bettors care about most—security, competitive odds, fast payouts, and a smooth experience. We break these down into a series of Trust Factors that have been FinCertified, by receiving the Odds Shark fin seal of approval from our expert team.
Please check back for promotions to be added for events.
best online sports Betting promos
While analyzing the best online sports betting promos, Odds Shark put each sportsbook to the test. We leaned on our 30+ years of industry experience to help separate the best from the rest, diving deep beyond the welcome offers to find the books that deserve your attention.
Here’s a closer look at the betting sites that made the cut, complete details on their current welcome offers, and other factors for you to consider as you decide where to sign up.
Understanding Bonus Bets
Some of the best sportsbooks promos are in the form of "bonus bets" rewarded after creating a new or making your first bet.
Bonus bets work a little differently than when you make a bet with the cash in your sportsbook . The most important difference to be aware of is that you don't get your stake back on a winning bet like you do with a traditional wager. New bettors often overlook this nuance and later regret the way they utilized their bonus bet.
Standard Wager
| Bet Size (Stake) | Odds | To Win | Payout |
|---|---|---|---|
| $100 | -110 | $90.91 | $190.91 |
| $100 | +250 | $250 | $350 |
Bonus Bet Wager
| Bet Size (Stake) | Odds | To Win | Payout |
|---|---|---|---|
| $100 | -110 | $90.91 | $90.91 |
| $100 | +250 | $250 | $250 |
FIND YOUR EDGE
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You may need to opt in
Some sportsbooks like BetMGM require you to opt-in to their bonus in order to receive the benefit on your initial wager. Other sportsbooks require no additional action on your end and the bonus bet will appear in your once you've met the requirements. We recommend reading the details of your sportsbook's bonuses and don't assume one sportsbook's expectations will be the same as another sportsbook.
FanDuel bonuses & promos
FanDuel has a two-part welcome offer for new players. First up, place a bet of $5 after g up for a new . If the bet wins, you get back $200 in bonus bets.
Featuring one of the most -friendly platforms in the industry, it’s not hard to see why FanDuel has emerged as a market leader. FanDuel has all of the sports and markets you could ask for, and also dishes out regular bonuses and promos for existing players.
- Welcome Offer THE FINE PRINT 🔎 The first bet must win within 72 hours of creation THE FINE PRINT 🔎 The first bet must win within 72 hours of creation : Place a $5 bet win you at FanDuel for $200 in bonus credits if that bet cashes.
- SGP Profit Boosts: SGP profit boosts can be regularly found across FanDuel. Examples include 30% boosts on 3+ leg NBA and NHL SGPs
- Boost Builder: Boost tokens on 3 to 12 leg parlays up to 105% depending on the size of the bet.
Click Here For Complete FanDuel Review
why you should claim fanDuel Promos
- Try out an industry-leading sportsbook with a small initial deposit.
- Get a two-part welcome offer for doing so.
- Earn bonus bets by winning your first wager.
Click Here for all FanDuel Promos
bet365 Bonuses & Promos
The current bet365 bonus is a first bet safety net that’s good for up to $1,000. You simply sign up and place the first bet of your choice. If it’s a loser, you will get back the amount of your stake in bonus bet credits, up to $1,000.
This bet365 promo works for any budget, as the initial deposit minimum is just $10. If your first bet loses, you can stick around and use bonus bets to see all that the platform has to offer, including sharp odds and recurring offers, in a smooth and easy-to-use environment.
- Welcome Offer THE FINE PRINT 🔎 Minimum Deposit is $10 and only the first qualifying bet placed after claiming this offer will be eligible to use for this offer : $150 in bonus bets after g up, depositing, and placing a $5 wager on any market.
- SGP Boosts: You will regularly find SGP boosts across multiple leagues and events. at bet365 to maximize profits.
- Early Payouts: Enjoy not having to worry about comebacks if your NFL side goes up by 17+. Early payouts are offered in select leagues.
Click Here For Full Review of bet365
Why you should claim bet365 promos
- Sign up and place your first bet sweat free.
- Bonus bets back if you lose the wager so you can stick around and play more.
- Incredibly -friendly platform for both mobile and desktop s.
Click Here for all bet365 Promos
BetMGM bonuses & promos
The BetMGM promo for new players delivers two bonuses for placing one bet. Once your is set up, place a bet of $10. You’ll be rewarded with $100 in bonus bets plus $150 in casino bonus for doing so. Bonuses must be used within seven days of receipt.
BetMGM is one of the biggest names in online sports betting, and one that brings a rich legacy to the table. Top features include a massive menu of sports and markets to choose from, ranging from standards like the NFL down to niche offerings like table tennis.
- Welcome Offer THE FINE PRINT 🔎 Bonus bets expire in 7 days : Place a bet on any game, if that bet loses, you get your money back up to $1,500.
- Second Chance Bet: After recent success during the NFL season, BetMGM is offering second chances in the NBA. If you bet on a player to score the first basket and they score second, you get your money back.
- Boost Tokens: Boost tokens are regularly available across multiple leagues and events.
Click Here For Full Analysis of BetMGM App
Why you should claim betMGM Promos
- Two incentives to try out a top online sportsbook.
- Bonus bets plus a casino bonus.
- Claim it with a simple $10 bet.
Click Here for all BetMGM Promos
Caesars Sportsbook Bonuses & promotions
Caesars is offering a unique sign up offer for new players. You simply create an and place a bet of $1 or more. Caesars will then credit you with 10 100% profit bet tokens that can be used on any market. Max winnings from the boost tokens are capped at $2,500.
The profit boost tokens are available for 14 days, providing you ample time to use them up, and hopefully boost your winnings. Caesars is a powerhouse in the world of gaming, featuring a -friendly experience and a host of sports and bet types to choose from.
- Welcome Offer THE FINE PRINT 🔎 Maximum wager amount for each 100% boost token is $25 and tokens must be used within 14 days of being rewarded : Bet $1, double your winnings your next 10 bets.
- Caesars Rewards: Earn rewards as you play at Caesars. Rewards can be redeemed for online betting, hotel bookings, dining, and so much more!
- Odds and Profit Boosts: Caesars has a dedicated boosts page where we're sure you'll find something for you.
Click For Caesars Sportsbooks Review
why you should claim Caesars promos
- You can sign up quickly and claim it with a $1 bet.
- Get 10 100% profit boost tokens that you can use over 14 days.
- Try out a market leader with chances to double your winnings right off the bat.
Click Here for all Caesars Promos
Hard Rock Bet Bonuses & promotions
Hard Rock Bet has a simple and straightforward welcome bonus for new players. Sign up, make a deposit of at least $10, and place a $5 wager of your choice at odds of -250 or longer. Hard Rock will give you back $100 in bonus bets, win or lose.
The bonus is broken up into five $20 bet credits, which expire 14 days after they are issued. Hard Rock Bet has been steadily improving its sports offerings in recent times, and features a great loyalty program, as well as a steady stream of promo offers for existing players.
- Welcome Offer THE FINE PRINT 🔎 Bonus bets expire after 7 days : No sweat bet for first time Hard Rock Bettors. If you place a -250 or longer wager, don't worry about losing, Hard Rock has you covered.
- Odds and Profit Boosts: Hard Rock keeps the action exciting with odds and profit boosts across select leagues. Take advantage of boosted 3+ leg NCAAB moneyline parlays!
- Hard Rock Rewards: Place your first bet and you're instantly enrolled in Hard Rock's loyalty program! Enjoy rewards like discounts at Hard Rock Hotels, cafés, and more.
Click Here For Extensive Hard Rock Bet Review
why you should claim hard rock bet promos
- Low initial deposit and a small bet to unlock the offer.
- Get $100 in bonus bets to use as you continue enjoying the platform.
- the loyalty program after g up and reap the rewards.
Click Here for all Hard Rock Promos
how to claim sportsbook promos
It’s easy to qualify for and claim the best online sportsbook promos. You can take care of it on a desktop or your mobile device in mere minutes. Just follow the below steps and you’ll be up and running in no time.
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Click the links on this page and use the promo code to begin the simple registration process. You’ll then follow the prompts and enter the requested information.
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The sportsbook will need to info including your name, address, and date of birth. A government-issued photo ID may be required.
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Accept the and conditions, that you’re of legal age in a state in which the sportsbook operates, and create your .
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Visit the cashier section and choose your preferred payment method to add funds to your .
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Opt in. Not every sportsbook requires this but some do (BetMGM for instance) and if you don't opt in you could miss out on the bonus altogether. It takes less than 5 seconds to opt in, but it's a crucial step.
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Browse the available sports and bet types and choose your wager. Click the odds to add your choice to the slip, enter the amount you want to wager, and place your bet.
types of sportsbook promos
Welcome offers are designed to get you in the door, but the best sportsbooks keep the incentives rolling for existing players. Here’s a look at the most common types of sportsbook promos, details on how they work, and what you should watch out for.
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welcome bonus
This is the bonus that you can claim when you for a new . Promos vary by sportsbook. You can find complete details on the best current offers up above.
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deposit match
A sportsbook may match all or part of your deposit up to a certain amount. For example, you could get a 20% match up to $100, a 50% bonus up to $50, or a full dollar-for-dollar match up to $25.
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No sweat bet
Also known as a “second chance” bet, this promo gives you some leeway on the first wager that you place. If the bet is a loser, you’ll get back the amount of your stake, up to the offer maximum, as bonus bet credits.
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bet and get
A simple offer for which you bet a nominal amount, such as $5, to receive back bonus bets of varying amounts, such as $100. Some bet and get promos are yours, win or lose, while others may require one result or the other.
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odds boost
An odds boost is where the sportsbook enhances the potential reward on a specific bet, such as a game line or player prop, a specific parlay, or a futures wager. Many sportsbooks offer a regular assortment of odds boosts for existing players.
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referral bonus
Sportsbooks would love it if you bring your friends along with you. As such, many offer a referral bonus when you bring in new players. For example, you could both receive a bonus bet after your referral signs up and deposits.
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reload bonus
From time to time, top sportsbooks will offer reload bonuses to customers, matching the amount of their deposit up to a certain amount or percentage. Keep an eye on the email you signed up with for offers.
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loyalty rewards
Some of the best online sportsbooks have a rewards program that you can sign up for and climb in tiers to earn various perks. Caesars, BetMGM, and Hard Rock Bet are among those that offer rewards programs.
Best sportsbook promo codes
| Best Welcome Bonus | |
| Best Deposit Match | |
| Best No-Sweat Bet | |
| Best Bet and Get |
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| Best Odds Boost | |
| Best Referral Bonus | |
| Best Reload Bonus |
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| Best Loyalty Rewards | |
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how we rank sportsbooks and Promotions
Our sportsbook reviews are built on thorough, hands-on testing by our industry experts who prioritize what bettors care about most—security, competitive odds, fast payouts, and a smooth experience. We break these down into a series of Trust Factors that have been FinCertified, by receiving the Odds Shark fin seal of approval from our expert team.
Our structured evaluation process ensures that only the best and safest betting sites make the cut. Each sportsbook undergoes rigorous testing, from g up and collecting bonuses to placing bets and withdrawing funds. (Nobody said our job isn't fun!)
At Odds Shark, we've done a lot of the heavy lifting for you so if you're someone who usually sticks to betting one sports, check out the following reviews:
Odds Shark FinCertified Trust Factors FinCertified - We prioritize what bettors care about most—security, competitive odds, fast payouts, and a smooth experience. We break these down into a series of Trust Factors that have been FinCertified, by receiving the Odds Shark fin seal of approval from our expert team.
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