⭐ Best Sportsbook Bonuses
The best sportsbook bonuses range from $250 up to $2,000 in bonus money, and sports bettors get these bonuses after signing up or placing a first wager. Don’t forget to add the necessary promo codes and take care of the wagering requirements!
|Rank||Sportsbook||Welcome Bonus||Available States|
|1.||PointsBet||$2,000 in Risk Free Wagers||CO, IL, IN, IA, MI, NJ, VA, WV|
|2.||Caesars||$1,001 Bet Match||AZ, CO, IN, IA, MI, NJ, PA, TN, VA, WV|
|3.||FanDuel||$1,000 Risk Free||AZ, CO, CT, IL, IN, IA, MI, NJ, PA, TN, VA, WV|
|4.||WynnBET||$1,000 Risk Free||AZ, CO, IN, MI, NJ, TN, VA|
|5.||BetMGM||$1,000 Risk Free||AZ, CO, IN, IA, MI, NJ, PA, TN, VA, WV, WY|
|6.||TwinSpires||$1,000 Risk Free||AZ, CO, NJ, PA, MI, TN|
|7.||DraftKings Sportsbook||$1,000 Deposit Bonus||AZ, CO, CT, IL, IN, IA, MI, NH, NJ, PA, TN, VA, WV, WY|
|8.||Bally Bet||$550 Risk Free + $100 Free Bet||CO, IN, IA, VA|
|9.||BetRivers/SugarHouse||$250 Deposit Bonus||AZ, CO, CT, IL, IN, IA, MI, NJ, PA, VA|
|10.||FOX Bet||$500 Risk Free||CO, MI, NJ, PA|
$2,000 in Risk Free Bets, Use Promo Code BONUS2000
PointsBet tops our sign up bonus list with their massive risk free offer; you get two risk free wagers you can spend on virtually anything on the betting site. Note that one of the risk free wagers is for PointsBetting; a unique wagering system where the more you are correct, the more you win. PointsBet has the best sportsbook bonus just for the sheer size of it, and you get two bets for the price of one.
$1,001 Bet Match Bonus, Use Sportsbook Promo Code BONUSFINDERRF
Caesars Sportsbook has a fantastic sportsbook bonus offer for all sports bettors: you get your first wager matched with a free bet, whether your bet wins or loses! Few online sportsbooks have a similar welcome bonus, so we consider this to be the second best bonus you can get. In addition, Caesars Sportsbook is widely available in the states that offer online sports betting.
$1,000 Risk Free Wager
FanDuel, like some of the top online sportsbooks, offer a risk free bet to new users who set up a FanDuel account. As far as sports betting bonuses go, it’s a good offer but not the most creative or best value. However, FanDuel Sportsbook operates in almost all online betting states, which makes this one of the most widely accessible bonuses offered.
$1,000 Risk Free Wager; Bet $5, Win $400; 200% Wager Match up to $750
WynnBET also has a risk free wager up to $1,000, but they also run other welcome bonuses. You can opt in for a Bet $5, Win $400 or a 200% Wager Match up to $750. This is the best way to choose the bonus that best suits your style of betting. The one downside is that WynnBET is only available in 7 states.
Up to $1,000 Risk Free, Use Bonus Code BONUSMGM
Just like above, BetMGM has a risk free bonus offer. If you bet the full $1,000, you’ll get 5 free bet credits worth $200 each. You only need to wager the bets once before you can withdraw the bonus winnings, but not the stakes.
Risk Free Bonus up to $1,000, Use Bonus Code BET1000
Like most online sports betting bonuses, TwinSpires‘ risk free offer applies only to your first bet, which will be compensated in site credit if it loses. Risk free offers are a good option to bet on the underdog or a parlay, if allowed by T&Cs, as you can then spend your site credit on a safer choice.
First Deposit Bonus up to $1,000
DraftKings might be the best online sportsbook in the U.S., but their bonus offer is towards the bottom of the pack, at least when it comes to the major players in the industry. The deposit bonus is 20% match up to a $1,000, which means you need to deposit a lot in order to get the full amount. Second, you need to wager the money 25 times before you can withdraw. If you bet casually on a few teams, this is not the bonus for you.
8. Bally Bet
$550 Risk Free + $100 Free Bet
Bally Bet Online Sportsbook has a terrific $100 free bet bonus. This means you just need to sign up and they give you $100 free money to bet with. If you are new to sports betting, this sportsbook bonus is a good way to try it out! In addition, Bally Bet has a risk free bet offer following your initial deposit and wager. When they launch in more states, Bally Bet will move up on this list.
Deposit Match Bonus up to $250, Use Promo Code 250MATCH
While the max bonus at BetRivers & SugarHouse is not the biggest, it’s a 100% bonus. This means that after a $250 initial deposit, you can get $250 in real money bonus cash, which needs to be wagered just once. The signup bonus is a fun option for many casual bettors, and it also applies to their online casino sites.
10. FOX Bet
$500 Risk Free Wager
FOX Bet Online Sportsbook has a decent welcome bonus, but it’s far behind the biggest bonuses in terms of value. In addition, they operate online betting sites in just four states. However, you can still get a big payday if you manage to spend your sportsbook bonus well!
⭐ Types of Available Welcome Offers
There are three main types of welcome bonuses most online sportsbooks offer: deposit bonuses, risk free bet offers, and bet matches. While you can usually just get one welcome offer per sportsbook, you can sign up at more than one sportsbook to get in on several promo code offers.
- Risk Free Bets: The most common offer for new customers; you get a free bet if your first wager loses. You must usually deposit minimum amount and bet your free wager within a week or so. There might also be some requirements regarding the types of bets you can make or sports you can wager on.
- Deposit Bonuses: You get your deposit match according to a percentage, up to a certain point. For example, if you deposit a $100 and the bonus is 100% up to $500, you get another $100 to bet with. If you deposit $600, you get $500 in bonus money. You don’t need to put in large deposits to enjoy these welcome offers! Rollover requirements are usually higher for deposit bonuses than for other offers.
- Bet Matches: These offers are quite rare, but they are bettors’ favorites. You get a matching free bet after your first bet has been settled, no matter whether it’s a win or a loss. You usually just have to wager the free bet once, then you can cash in the winnings within a few business days.
⭐ Promo Codes
Sportsbook promo codes are needed for many online sports betting bonuses. You can find all necessary bonus codes from BonusFinder US; we review the top online sportsbooks and list their welcome bonuses and sportsbook bonus codes. Below you can find the current bonus codes needed for the best bonuses.
- BetMGM: BONUSMGM
- BetRivers: 250MATCH
- Caesars: BONUSFINDERRF
- PointsBet: BONUS2000
- TwinSpires: BET1000
How to Pick a Sports Betting Bonus
Set a Personal Betting Limit
Pick What You Want to Bet On
Check the Wagering
⭐ Betting Sites’ Promotions
In addition to sign up bonuses, the top online sportsbooks also offer sports betting promotions to existing bettors. These offers let you get some additional bonus money for sports betting, although you often have to spend your own money first. Let’s check out some of the common ones.
Boosted Odds Promotions
Boosted odds bonuses are probably the most common sports betting promotions for existing players. Sports betting sites improve the odds for certain games or sports each day, which means you can get more money if your wager is correct. Similarly, reduced juice offerings let you have a better chance of turning profits.
Reload bonuses are like first deposit bonuses, but in a smaller scale. Typically, these are more common on online casino gambling sites, but the occasional sports betting site might match your deposit of $25. Read the terms to see the playthrough requirements, which are an important factor to consider for promos too.
Free Play Bonuses
Unlike a reload bonus, where you get a cash bonus, free play usually means free bets. You can get free bets from online sportsbooks after wagering a certain amount during a week, or getting a certain type of bet correct for a specific game.
The best sports betting sites also have other kinds of promos, like cash prize contests, parlay insurances, and early cash out options. You can participate in these promotions by opting in and completing the required steps. In most cases, you can participate over and over again each day or week! Finally, some of the bigger online sportsbooks also have loyalty programs and VIP programs with perks and discounts for active users who earn reward points.
⭐ Why Do Sportsbooks Have Bonus Offers?
Sports betting bonus offers are meant to attract customers, get them to place their first deposits and to try out the sites, and start betting early after signing up. Promos, on the other hand, are intended to keep you active on the sportsbook apps. As more sportsbooks and betting markets launch, you can expect to see more unique offers even in more established markets.
- 1️⃣ How do betting bonuses work?
- 2️⃣ Where can I find sportsbook bonus codes?
- 3️⃣ Where can I bet on online?
- 4️⃣ What are the best promos for sports betting?