Operators will offer a variety of sports betting promotions in 2024. U.S. customers can read this in-depth review to find their preferred bonus for a certain league. We’ll discuss the best ones and explain how they work.

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  • Competitive odds
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18+ New Customers Only. Opt in and bet £5 on sports (odds 2.00+) within 7 days. No cash-out. Get 4x£5 Free Bets for set markets, which expire in 7 days. Selected payment methods only. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad
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18+. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and Full T&Cs apply. Bet Responsibly. GambleAware.org #ad
  • Best UK/Ireland horse racing odds
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18+ New customers only. Opt in, bet £10  on any football market at minimum 1/1 odds. No cash out. Get £40 in Free Bets on selected events. Free Bets expire in 7 days. Debit card / Apple Pay payments only. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad
  • Competitive and consistent odds
  • Extensive betting promotions
  • Attractive Acca Football Offer
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18+ New UK customers only. Min Stake: £5. Maximum Free Bet: £30. First bet on a Football or Horse Racing multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. 100 Free Spins on Gold Blitz (£0.10 per spin) credited on settlement of qualifying Acca bet. No wagering requirements on free spin winnings. Debit Card deposit only (exclusions apply). This offer is valid 7 days from the new account being registered. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad
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Cryptocurrency
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18+ New UK+ ROI Customers only. Deposit & Bet min £5 as first bet at minimum odds 1/2 to qualify for 1x £20 Free Bet. Certain deposit methods and bet types excluded. Free bet valid for 7 days, stake not returned. Restrictions apply. Full T&Cs apply. Bet Responsibly. GambleAware.org #ad
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18+ New UK+IRE Customers only. Certain deposit methods & bet types excl. Min first 5 bet within 14 days of account reg at min odds 1/2 = 4x 5 free bets. Free bets valid for 7 days, stake not returned. No cashout, restrictions + Full T&Cs apply. Bet Responsibly. GambleAware.org #ad

In this section, we’ll highlight the five best online sports betting promotions from five betting platforms. 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-than-competitive odds and daily fantasy platform.

The operator’s current promotion for new users is to bet $5 and receive $150 in bonus bets with a minimum deposit of $10. The bet must be successful to receive the funds.

FanDuel also owns a horse book, which gives customers the chance to use a sweat-free bet of up to $500.

For example, if you bet $500 on a horse and it loses, you’ll have $500 in promo funds added to your account.

Regular users flock to FanDuel thanks to its daily promotions. 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 initially 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 FanDuel’s offer, if your bet loses at DraftKings, you’ll still receive the $200 in bonuses. It is paid as eight $25 bonuses.

There are a ton of secondary markets to 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:
  • Doesn’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, they’ll receive $1,500 back in promo funds, which 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 will receive $100 in bonus 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 isn’t always the quickest.
  • Bonuses must be used fast.

Borgata Sportsbook

screenshot of borgata live streaming page
(Source: Borgata)

Borgata’s only available sportsbook promotion on its website is live streaming for niche sporting events. The offer allows users to watch soccer or tennis live, both in season. Other major leagues can be streamed when they are in season.

Another promotion available but found on other reputable sportsbook review websites is to “bet $20 and receive $100 in bonus bets.” This incentive can be used with a promo code.

Borgata is 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 aren’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, Caesars'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. If it loses, they’ll receive $1,000 back in bonuses with 14 days to use them.

Caesars is available in 19 states and offers odds 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 aren’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 it is to use.

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

  1. Choose a sportsbook promo: Look for trusted sports betting websites or affiliate partners that provide sportsbook bonus codes. Be wary of untrustworthy sources, as certain codes may be old or deceptive.

  2. Sign up for an account: 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 ID, passport or drivers license. Send a clear photo to the customer support team. Then, allow the website to verify your location.

  4. Make a deposit: Deposit an amount you’re comfortable with and that you can afford. Make sure it meets the minimum deposit requirement. If you’re a high roller 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. It’s vital to double-check it has been successfully applied.

While every operator in our list covers the four sports leagues mentioned below, some give better bonuses. We’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 risk-free $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, login to your account, opt-in and place your bet. If it loses, DraftKings will pay you back in bonus bets.

MLB Sports Betting Promos

BetMGM knocks it out of the park when it comes to MLB bonuses. It allows users to enable 50% SGP profit boost tokens for much better payouts. The site’s cashout feature and “Edit my bet” 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 matches 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 to mix player props or straight bets from any league such as the NHL, MLB and NBA.

Odds boosts and parlay insurance are common daily promotions offered at FanDuel. NHL bettors can also enjoy the “Boost Builder” 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 click a link which will take you to the promotion page. From there, you’ll either automatically enter the promotion, or you’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 to 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 confusing 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 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 don’t give deposit bonuses to new bettors. What you deposit is what you’ll see in your account.

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    Deposit Match: A deposit match is a welcome bonus provided by sportsbooks to new customers. 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. Risk-free bets 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 unique 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 better chance of earning 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 back all of or a portion of your losing 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 percentage for a certain sports league or type of bet.

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    Refer a Friend: It is a promotion in which you are compensated for referring your friends to sign up and wager at the betting site. Typically, 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, risk-free bets or other unique offers.

Sportsbook promotions are ubiquitous among online bookmakers, and it’s important that you opt in to offers that you think will benefit you the most or give you the best chance of 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 sportsbook promotion.

When deciding which betting promotion to opt in for, there are several things to consider. The most 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 don’t have 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 don’t want to risk too much early on — 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 including such limits. Thus, you’d be wise to take advantage of any offer with a lower minimum odds requirement.

  • Longer free bet expiry date: Once you’ve received your bonus, you have a limited amount of time to 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 likely give them a better chance of placing a winning bet.

  • No sport/market restrictions: You don’t want to be restricted to what you can use your free bets on, right? The best offers 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 often look quite daunting. However, when you break the terms down, there’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 common 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 restricted payment 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 bookmaker’s requirement. They do not want you backing huge favourites to take care 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 don’t want you breaking the bank with your first bets!

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    Rollover requirement: This is the wagering requirement imposed by a sportsbook that punters need to bet before they receive their bonus. These are typically associated with new customer offers, but popular US sportsbooks like DraftKings and FanDuel typically don’t include rollovers with their promotions.

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    Minimum stakes: To qualify for a particular promotion, you might be required 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, you’ll likely have to take advantage of a bookmaker’s promotion within a week of creating your account. Also, once you’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 and a month to use their bonus.

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    Cash out: Prominent US sportsbooks allow their customers to cash out their bets, and it’s well worth checking out their cash-out policy for certain promotions.

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    One person per promotion: This 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 would’ve should be taken advantage of. It’s up to the bettor to ensure they’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 regular ones. BetMGM has the best welcome offer.

Yes, you can claim as many sports betting promos as you’d like as long as they’re from different websites. Many sites offer regular bettors promos daily and aren’t limited to just one “new user promotion.”

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

Each sportsbook sets its own playthrough requirements. One site may have the rollover at 1x, while another could have it at 10x. Remember to read the terms and conditions before opting for bonuses.

WRITTEN BY Lawrence Smelser View all 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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