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Sports Betting Bonus 🎖️ Best Betting Offers USA 2021

The vast majority of legal online sports betting sites offer bonuses to new players and numerous promotions to existing customers. These online gambling offers range from deposit match bonuses to risk-free offers, and some sites require exclusive promo codes. BonusFinder US lists all the top-rated sportsbooks and the different types of sign-up offers you can take advantage of.

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⭐ Best Sportsbook Bonuses

The best sportsbook bonus offers range from $250 up to $2,000 in bonus money, and sports bettors get these offers after signing up or placing the first wager. Don’t forget to add the best 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, NY, VA, WV
2. Caesars $1,500 Risk Free Bet AZ, CO, IL, IN, IA, LA, MI, NJ, NY, PA, TN, VA, WV
3. FanDuel Sportsbook $1,000 No Sweat First Bet AZ, CO, CT, IL, IN, IA, LA, MI, NJ, NY, PA, TN, VA, WV
4. WynnBET Bet $10, Win $200 AZ, CO, IN, MI, NJ, NY, TN, VA
5. BetMGM $1,000 Risk Free First Bet AZ, CO, IN, IA, LA, MI, NJ, NY, PA, TN, VA, WV, WY
6. DraftKings Sportsbook $1,000 Deposit Match Bonus Offer AZ, CO, CT, IL, IN, IA, LA, MI, NH, NJ, NY, PA, TN, VA, WV, WY
7. Bally Bet $250 Bet Match AZ, CO, IN, IA, VA
8. BetRivers/SugarHouse 100% Deposit Match up to $250 AZ, CO, CT, IL, IN, IA, LA, MI, NJ, NY, PA, VA
9. FOX Bet $500 Risk Free First Bet CO, MI, NJ, PA
10. Unibet $100/$250/$500 Risk Free First Bet AZ, IN, IA, NJ, PA, VA
Best Sportsbook Bonuses

The top sportsbooks have great offers for new bettors who make qualifying bets. Terms and conditions apply for all.

1. PointsBet

$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 the first PointsBetting wager is included; it is a unique wagering system where the more you are correct, the more you win. PointsBet has the greatest bonus just for the sheer size of it, and you get two bets for the price of one. They also have a significant amount of player props, making it the preferred sportsbook of many who love prop betting on sports.

2. Caesars

$1,500 Risk Free Bonus, Use Sportsbook Promo Code FINDER15

Caesars Sportsbook has a great bonus offer for all sports bettors: you get your first wager compensated with a free bet if the original bet loses. If you win with the free bet, you are able to withdraw the winnings. Caesars Sportsbook is live in many states that offer online sports betting, and their rewards program is legendary. In addition, they have great odds and promotional deals in several states.

Caesars Sports Bonus

3. FanDuel Sportsbook

$1,000 No Sweat Bet Offer

The daily fantasy sports giant FanDuel, like some of the top online sportsbooks, offers a no sweat first bet to new users who set up a FanDuel account. As far as sports betting offers go, it’s good but not the most creative or best value. However, FanDuel Sportsbook operates in almost all legal states and has tons of betting markets and international sports.

4. WynnBET

Bet $50, Win $200

You can opt in for a Bet $50, Win $200 at WynnBET. This means you bet $50 on a straight bet or a parlay, and you get $200 in free bet credits. You can turn the credits into real cash after betting them just once. While this is a fantastic offer, the one downside is that WynnBET is only available in select states and lacks some new features available on other sites.

5. BetMGM

Up to $1,000 Risk Free Bet Offer, 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 site credits worth $200 each (unless your first bet wins). You only need to wager the bets once before you can withdraw the bonus winnings, but not the stakes. The BetMGM Sportsbook betting experience is fantastic, they have a bunch of different sports, and the rewards program is a must for many bettors.

BetMGM Bonus

6. DraftKings

First Deposit Bonus up to $1,000

DraftKings Sportsbook is the biggest online sportsbook in the U.S. with the best lines, but their welcome bonus offer is towards the bottom of the pack compared to the major players in the industry. The deposit bonus is a 20% match up to $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 place bets casually on a few teams, this is not the bonus for you, even though the max value is high. During football season, the Super Bowl, and March Madness DraftKings Sportsbook runs other offers as well. DK has the best odds for many betting options and their mobile apps are excellent.

7. Bally Bet

$250 Bet Match

Bally Bet Online Sportsbook has a terrific $250 free bet match bonus and competitive odds. This means you just need to sign up, place your initial deposit, and wager, and they give you an equal amount of free money to bet with. If you are new to sports betting, this welcome bonus is a good way to try it out and potentially score a big payout! When they launch in other states, Bally Bet will move up on this list.

8. BetRivers/SugarHouse

Deposit Match Bonus up to $250, Use Exclusive Promo Code FINDER

While the max bonus at BetRivers & SugarHouse is not the biggest, it’s 100% bonus. This means that after a $250 initial deposit, you can get $250 in real money bonus cash, which has just 1x playthrough requirement. The sign-up funds are a fun option for many casual bettors, and it also applies to their online casino sites; on several other sportsbooks, you can just choose one offer. BetRivers has odds boosters for prop bets and other bets as well as promotions available for many types of sports. Now that BetRivers Sportsbook is available in both the App Store and Google Play Store, we can wholeheartedly recommend this app to any sports bettor.

9. FOX Bet

$500 Risk Free Bet

FOX Bet Online Sportsbook has a decent welcome bonus for a new bettor, but it’s far behind the biggest offers in terms of value. In addition, they operate online betting services in just four states. However, you can still get a big payday if you manage to spend your sportsbook bonus well!

10. Unibet

$100/$250/$500 Riskfree Bet

No Unibet promo code is required for the bonus, which has a different dollar amount depending on your state. If your bet loses, you’ll get credits back to make another bet worth the same amount of money. Unibet’s offer is smaller than most other top sportsbooks, but the website is available in a handful of states.

Sportsbook Bonuses

You can get a wide array of offers for your first bets. T&Cs apply to each online sportsbook promotion.

⭐ Types of Available Welcome Offers

There are three main types of welcome bonuses most 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. Note that all offers are not created equal, so you need to pay attention to what you’re getting.

  1. Risk-Free Bets: The most common offer for new customers; you get a free bet if your first wager loses. You must usually deposit a minimum amount to qualify 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. The potential payout of the free bet usually doesn’t include the stake.
  2. Deposit Bonuses: You get your deposit match according to a percentage, up to a certain point. For example, if you deposit $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 offers! Rollover requirements are usually higher for deposit bonuses than for other offers.
  3. 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 withdraw in the winnings within a few business days.

Terms & Conditions

Before you can enjoy the deposit and risk-free bet bonuses offered, you need to accept the terms and conditions. They detail things like the time period of the bonus, what types of bets or sports you can spend it on, and the wagering requirements. Different online sportsbooks have different requirements for the minimum wager or minimum odds, so you should always check these before you deposit money, as you often need to make a qualifying bet or deposit. Gambling laws require operators to post these, so they should be easy to find.

How to Pick a Sports Betting Bonus

In most cases, you'll need to put in your own money to get the sports betting bonus amount. That's why it's important to find the best online sportsbook bonuses for you.
1


Set a Personal Betting Limit

This is important; don't bet beyond your limits! PointsBet has a good bonus for new customers who are high rollers; if you only have $50 to bet with, maybe it's not the welcome bonus for you. The good news is, you can always choose another betting promo more suitable for your bankroll from many sportsbooks.
2


Pick What You Want to Bet On

Some signup bonuses have limitations on what you can bet on with the sports betting bonus. For example, some are applicable to straight bets only. Read the fine print for the conditions attached before taking advantage; all sites are required to list the details due to responsible gaming regulations.
3


Check the Wagering

Like you've probably noticed, especially deposit bonuses have rollover requirements. This means you need to bet the bonus a certain amount of times. If you don't place several bets, you might be wasting the free money you received following your first deposit as you might not complete the rollover requirement.

⭐ Sportsbook Promo Codes

Best sportsbook promo codes are needed for many online sports betting bonuses, depending on the site. Often you need them even before depositing funds. You can find all necessary bonus codes from BonusFinder US; we review legal online sportsbooks and list their welcome bonuses and best sportsbook bonus codes. Below you can find the current promotional codes you need.

  • BetMGM Bonus Code: BONUSMGM
  • BetRivers Promo Code: FINDER
  • Caesars Online Promo Code: FINDER15
  • PointsBet Promo Code: BONUS2000

⭐ Online 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 mobile sports betting, although you often have to spend your own money first (but no new deposit required). Let’s check out some of the common ones.

Boosted Odds Promotions

Odds boosts are probably the most common sports betting promotions for existing players. Sportsbooks have odds boosts for certain events 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. Some websites provide expert picks for reduced NFL odds, NHL odds, MLB odds, and NCAAB odds.

Sportsbook Promos

Many popular sportsbooks provide existing members cash prizes and other promos to attract users. Check the latest promotions and more info from the websites. T&Cs apply.

Reload Bonuses

Reload bonuses are like first deposit bonuses but on a smaller scale. Typically, these are more common on online casino gambling sites, but the occasional sports betting site might match a player’s deposit of $25 in site credits. 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 a free bet bonus from most online sportsbooks after wagering multiple bets during a week, or getting certain bet types correct for a specific event. They can also apply to live betting only if you place wagers for a certain sum of money prior to the game. Barstool Sportsbook is one of the few national operators that gives out free money to new members.

Other Promotions

The greatest wagering sites also have other kinds of promos, like cash prize contests, parlay insurance, and early cashout options. You can participate in these sportsbook promotions by opting in and completing the required steps. In most cases, you can participate over and over again each day or week! Use these to place your high risk, high reward bets. Also, you can sometimes find promos for special sporting events like the Kentucky Derby or the World Series on several US sportsbooks. 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?

In the past few years, most states have allowed some type of wagering, and the competition in the online space is fierce. Sports betting bonuses are meant to attract new signups, get them to place their first deposits and try out the sites, and start betting early after signing up. Ongoing promotions, on the other hand, are intended to keep you active on the sportsbook apps. As more sportsbooks launch and new states legalize sports betting, you can expect to see more unique types of offers even in more established states.

Last updated: 06/27/2022

FAQ

1️⃣ How do betting bonuses work?

In general, you register for a new account, put in a promo code if needed, and then make a deposit and place a bet. Depending on the bonus, you get it after betting for the first time or right after depositing and completing the registration. If you get free bets or site credits, you can bet them quite normally and cash out winnings. If you have deposit bonuses, you can spend those as if they're your money; just remember to complete the wagering requirement!

2️⃣ Where can I find sportsbook bonus codes?

Right here! BonusFinder US lists all sportsbooks' promo codes you need, so check our online sportsbook reviews for the promo codes. Many websites don't require bonus codes, for example, there is no WynnBET promo code or DraftKings promo code. Horse racing sites have their own sports betting promo codes, so you can look those up from our horse racing betting guide.

We also post all the current sports betting news, so follow us for the updates.

3️⃣ Where can I bet online?

Online sports betting launches next in Ohio, Kansas, and Maine. Currently, it is available in the following states:

  • Arizona
  • Colorado
  • Connecticut
  • Indiana
  • Illinois
  • Iowa
  • Louisiana
  • Michigan
  • New Hampshire (DraftKings Monopoly)
  • New Jersey
  • New York
  • Oregon (Lottery Monopoly)
  • Pennsylvania
  • Rhode Island (State Monopoly)
  • Tennessee
  • Virginia
  • Washington D.C.
  • West Virginia
  • Wyoming
4️⃣ What are the best promos for legal sports betting?

Free bets and site credits are some of the best ways to win on sports betting apps. You can get them on many sites, just go check out the requirements on how to get them. Another great promo is an odds boost, which alters the betting odds for a certain game so that you can win more if your bet wins.

5️⃣ Can I use a sign-up bonus on futures markets?

It depends on the online sportsbook bonus, but generally no. Futures are bets on future events, like the Stanley Cup champion, NBA Playoffs winner, and the Super Bowl champion. In many cases, the initial bets must be settled within days or weeks, so a future won't qualify. However, you can bet on individual sports like the PGA Championship winner.

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