Best Sportsbook Bonuses 2024

We're here to help you decide which sports betting sign up bonus puts you in the best position to succeed!

21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
Best Sportsbook Sign Up Offers (July 2024)
Sportsbook Bonus Promo Code Legal StatesAction
#1
Up to $1,000 First Bet on Caesars
Promo Code
SBO1000
Legal States
OH
VA
NY
+18
#2
Bet $5, Win $200 in Bonus Bets
+ Daily Boosts
Promo Code
N/A
Legal States
OH
VA
NY
+19
#3
Bet $5, Get $150 in Bonus Bets Instantly
Promo Code
N/A
Legal States
OH
VA
NY
+22
#4
Bet365 bonus
Bet365 bonus
Bet365
4/5
Bet $5, Get $150 or
$1,000 First Bet Safety Net
Promo Code
SBO365
Legal States
OH
VA
IN
+7
Get $150 in Bonus Bets After Your First Real Money $5 Wager or Up to $1,000 Back in Bonus Bets if Your First Wager Loses
21+. New customers only. Limit one bonus per user.
Offer available in AZ/CO/IA/IN/KY/LA/NJ/NC/OH/VA.
First online real money wager for both offers. $10 first deposit required within 30 days.
Minimum wager of $5 required to claim the $150 bonus bets.
Loss refunded as bonus bets up to $1,000 with Safety Net Offer.
Bonus issued as non withdrawable bonus bets that expires in 30 days.
See full T&C at Bet365. #ad
#5
2nd Chance Bet up to $500
Promo Code
SBOBONUS
Legal States
OH
VA
NY
+11
#6
BetMGM bonus
BetMGM bonus
BetMGM
4/5
Up to $1,500 in Bonus Bets
if Your First Bet Doesn't Win
Promo Code
N/A
Legal States
OH
VA
NY
+17
#7
Bet $25 on a Parlay,
Get a $75 Bonus Bet
Promo Code
N/A
Legal States
OH
VA
CO
+3
#8
Up to $100 Back on Your First Bet
Promo Code
N/A
Legal States
OH
VA
IN
+5
#9
Bet $200, Get $200
in Bonus Bets Every Day for 5 Days
Promo Code
N/A
Legal States
OH
VA
NY
+17
#10
Up to $250 in Matched Bets
Over Your First 5 Weeks
Promo Code: CLUTCH250
Promo Code
CLUTCH250
Legal States
CO
IA
LA
#11
Cash Back up to $300
Promo Code: SBOST
Promo Code
SBOST
Legal States
CO
NJ
IA
#12
Bet $20, Get $100
Sportsbook Only Available in NJ
Promo Code
N/A
Legal States
NJ
#13
Bet $20, Get $100
Promo Code
N/A
Legal States
AZ
#14
First Bet Insurance up to $500
Promo Code
SBOCS
Legal States
MD

Best Online Sportsbook Bonus Codes

Sportsbook
Bonus Offer
Bonus Code
Caesars SportsbookUp to $1,000 First Bet on CaesarsSBO1000
FanDuel SportsbookBet $5, Win $200 in Bonus Bets + Daily BoostsClick to claim
DraftKings SportsbookBet $5, Get $150 in Bonus Bets InstantlyClick to claim
Bet365Bet $5, Get $150 or $1,000 First Bet Safety NetSBO365
BetRivers2nd Chance Bet up to $500SBOBONUS
BetMGMUp to $1,500 in Bonus Bets if Your First Bet Doesn't WinClick to claim
Hard Rock BetUp to $100 Back on Your First BetClick to claim
Fanatics SportsbookBet $200, Get $200 in Bonus Bets Every Day for 5 DaysClick to claim
ClutchBetUp to $250 in Matched Bets Over Your First 5 WeeksCLUTCH250
Sporttrade3% Cash Back up to $300SBOST
Crab SportsFirst Bet Insurance up to $500SBOCS

What is the Best Sportsbook Bonus?

That's exactly the question we look to answer on this page.

Since the explosion of online sports betting in the past few years, so many sportsbooks have come onto the scene. All of them are trying to do one thing: get you to wager with them. In order to do this, many sportsbooks offer bonuses for new players.

However, not all bonuses are created equal. That's why we’ve put this page together to help you decipher which betting bonuses are the right fit for you to maximize your value when signing on with a new sportsbook.

Scroll down to take a quick look at our breakdowns of the best sportsbook bonuses available to new customers and start betting!

Breaking down the Best Online Sportsbook Bonuses

In the past few years, the boom in legal online sports betting has led to fierce competition for customers. To vie for your business, sportsbooks dole out generous bonuses.

Sports betting sign up bonuses come in many shapes and sizes but commonly fit into one of the following categories:

These are just some of the major, most popular bonus offers you'll find, but check out our ranking of the top online sportsbook bonuses below!

💰 Highest Potential ValueBetMGM/DraftKings
󠀥󠀥📈 Best Return on Investment FanDuel/Bet365
🇺🇸 Most Widely AvailableDraftKings
⏳ Longest-LastingClutchBet
🆕 Newest BonusBetfred
🔄 Lowest TurnoverSporttrade (Code: SBOST)
🔢 Lowest Minimum OddsFanDuel/Caesars/BetMGM/DraftKings

Best Sportsbooks with Sign Up Bonus

1
Caesars Sportsbook Sign Up Bonus

Up to $1,000 First Bet on Caesars

  • Total Bonus Amount: $1,000
  • Minimum Deposit: $10
  • Minimum Odds: N/A
  • Turnover Requirement: 1x
  • Expiration Time: 30 days

Available in AZ, CO, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NJ, NY, NC, OH, PA, TN, VA, WV, and WY

Visit Caesars Sportsbook →

Caesars Sportsbook Sign Up Bonus
2
FanDuel Sportsbook Sign Up Bonus

Bet $5, Win $200 in Bonus Bets + Daily Boosts

  • Total Bonus Amount: $200
  • Minimum Deposit: $10
  • Minimum Odds: N/A
  • Turnover Requirement: 1x
  • Expiration Time: 14 days

Available in AZ, CO, CT, IL, IN, IA, KS, KY, LA, MD, MA, MI, NJ, NY, NC, OH, PA, TN, VA, WV, and WY

Visit FanDuel Sportsbook →

Fanduel Sportsbook Sign Up Bonus
3
DraftKings Sportsbook Sign Up Bonus

Bet $5, Get $150 in Bonus Bets Instantly

  • Total Bonus Amount: $150
  • Minimum Deposit: $5
  • Minimum Odds: N/A
  • Turnover Requirement: 1x
  • Expiration Time: 7 days

Available in AZ, CO, CT, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, and WY

Visit DraftKings Sportsbook →

Draftkings Sportsbook Sign Up Bonus
4
Bet365 Sign Up Bonus

Bet $5, Get $150 or
$1,000 First Bet Safety Net

  • Total Bonus Amount: $1,000
  • Minimum Deposit: $10
  • Minimum Odds: -500
  • Turnover Requirement: 1x
  • Expiration Time: 90 days

Available in AZ, CO, IN, IA, KY, LA, NJ, NC, OH, and VA

Visit Bet365 →

Bet365 Sign Up Bonus
5
BetRivers Sign Up Bonus

2nd Chance Bet up to $500

  • Total Bonus Amount: $500
  • Minimum Deposit: $10
  • Minimum Odds: -200
  • Turnover Requirement: 1x
  • Expiration Time: 30 days

Available in AZ, CO, IL, IN, IA, LA, MD, MI, NY, OH, PA, VA, and WV

Visit BetRivers →

Betrivers Sign Up Bonus
6
BetMGM Sign Up Bonus

Up to $1,500 in Bonus Bets if Your First Bet Doesn't Win

  • Total Bonus Amount: $1,500
  • Minimum Deposit: $10
  • Minimum Odds: N/A
  • Turnover Requirement: 1x
  • Expiration Time: 7 days

Available in AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, NJ, NY, NC, OH, PA, TN, VA, WV, and WY

Visit BetMGM →

Betmgm Sign Up Bonus
7
Hard Rock Bet Sign Up Bonus

Up to $100 Back on Your First Bet

  • Total Bonus Amount: $100
  • Minimum Deposit: $10
  • Minimum Odds: -200
  • Turnover Requirement: 1x
  • Expiration Time: 7 days

Available in AZ, FL, IA, IN, NJ, OH, TN, and VA

Visit Hard Rock Bet →

Hard Rock Bet Sign Up Bonus
8
Betfred Sports Sign Up Bonus

Bet $25 on a Parlay, Get a $75 Bonus Bet

  • Total Bonus Amount: $75
  • Minimum Deposit: $25
  • Minimum Odds: -200
  • Turnover Requirement: 1x
  • Expiration Time: 7 days

Available in AZ, CO, IA, MD, OH, PA, and VA

Visit Betfred Sports →

Betfred Sports Sign Up Bonus
9
Fanatics Sportsbook Sign Up Bonus

Bet $200, Get $200
in Bonus Bets Every Day for 5 Days

  • Total Bonus Amount: $1,000
  • Minimum Deposit: $5
  • Minimum Odds: -200
  • Turnover Requirement: 1x
  • Expiration Time: 7 days

Available in CO, CT, IN, IA, KY, MD, MA, MI, NY, NC, OH, PA, TN, VT, VA, WV

Visit Fanatics Sportsbook →

Fanatics Sportsbook Sign Up Bonus
10
ClutchBet Sign Up Bonus

Up to $250 in Matched Bets
Over Your First 5 Weeks

  • Total Bonus Amount: $250
  • Minimum Deposit: $10
  • Minimum Odds: N/A
  • Turnover Requirement: 1x
  • Expiration Time: 14 days

Available in CO, LA, and IA

Visit ClutchBet →

Clutchbet Sign Up Bonus
11
Sporttrade Sign Up Bonus

Cash Back up to $300
w/ Promo Code: SBOST

  • Total Bonus Amount: $300
  • Minimum Deposit: $5
  • Minimum Odds: -400
  • Turnover Requirement: 0x
  • Expiration Time: N/A

Available in CO, IA, and NJ

Visit Sporttrade →

Sporttrade Sign Up Bonus

Bonus offerings may differ from state to state. Check out the breakdown below for more information on what's available for you!

Best Sportsbook Promos by State

Arizona Sportsbook Promos
Colorado Sportsbook Promos
Connecticut Sportsbook Promos
Illinois Sportsbook Promos
Indiana Sportsbook Promos
Iowa Sportsbook Promos
Kansas Sportsbook Promos
Sportsbook
Sign Up Bonus
Caesars SportsbookUp to $1,000 First Bet on Caesars
FanDuel SportsbookBet $5, Win $200 in Bonus Bets + Daily Boosts
DraftKings SportsbookBet $5, Get $150 in Bonus Bets Instantly
Kentucky Sportsbook Promos
Louisiana Sportsbook Promos
Maryland Sportsbook Promos
Massachusetts Sportsbook Promos
Michigan Sportsbook Promos
New Jersey Sportsbook Promos
New York Sportsbook Promos
North Carolina Sportsbook Promos
Ohio Sportsbook Promos
Pennsylvania Sportsbook Promos
Tennessee Sportsbook Promos
Vermont Sportsbook Promos
Virginia Sportsbook Promos
West Virginia Sportsbook Promos
Wyoming Sportsbook Promos

How do you choose your sportsbook sign up bonus?

Most sportsbooks offer users a sign up bonus to lure them into the site. But these welcome offers can come in many forms - second chance bets & deposit bonuses are perhaps the two most prominent types.

There are certain things to look out for when choosing a sportsbook bonus:

  • Maximum value - This is fairly simple - if you were to try to maximize your bonus, what would the highest possible value be. This aspect is fairly straightforward and offers with highest maximum values are certainly eye-popping. However, don’t just look at this number - there are many other elements to consider.

  • Qualifying bet/deposit minimums - Simply put, this is the money that qualifies you for a bonus. Obviously the lower, the better unless you are simply looking to maximize a matched bet. However, if a site is going to match your deposit, then it may not be a bad idea to put more than necessary into your account. Since money that is deposited typically can be withdrawn easily, there’s not a ton of downside to maximizing matched deposits if you can afford it.

  • Turnover - Also known as rollover or wagering requirement, this is the number of times the money or site credit received through a bonus offer must be wagered before you can withdraw it. Many sites only require a turnover of 1x, however some (like DraftKings) have much higher requirements, so this is definitely something to keep an eye on.

Sportsbook Bonus Turnover

Turnover is the number of times your bonus amount must be wagered before you can withdraw it as cash

  • Flexibility - In my opinion, this is one of the absolutely most important variables to consider when evaluating bonuses. Sites like Caesars offer users a very high possible value, but even if that value is reached you can then only use it on one wager. On the opposite end of the spectrum, you have a site like Bet365. The highest possible value of their sign up bonus may seem small in comparison to Caesars. However, Bet365’s bonus allows you to divide up your bet credits into as many small bets as you’d like, granting you much more freedom in the long run.

  • Minimum odds - Sites often set minimum odds to ensure your bonus bet credits aren’t just being used on -1000 sure things. This helps them ensure that they’re not just giving away money.

Pro Tip: Maximizing Your Bonus

Study the minimum odds of your promotion. When using your bonus bet or bet credits, stay as close to these odds as possible. This will typically mean you're wagering on a very safe bet (likely at least -300), but you still work towards fulfilling your turnover requirement and converting your bet credits into real cash you can withdraw or bet more freely.

It's not the sexiest way to use your bonus, but it is relatively safe and the most likely way to convert your credits into cash.

  • States - Many websites have varying sign up bonuses depending on the state from which you are wagering. Typically, the types of offers are the same, but there is a bit of variance in the dollar amount. In some rare instances, when a state is looking to launch online sports betting, they will have pre-registration offers available. For instance, the available sportsbook promos in Michigan may differ than those in New York, despite the fact that they are being provided by the same sportsbooks. States that will soon launch online sports betting also often offer pre-registration bonuses, such as those that were available on North Carolina sportsbooks prior to that state's launch.

  • Other terms and conditions ALWAYS apply - Make sure you’re always reading the fine print when signing up for these promotions - you don’t want to meet all the minimums and then lose your bonus bet because the promotion had expired. Taking five minutes to read the terms and conditions of your offer can save you a lot more time in the long run.

Recommended Sportsbook Bonus

Bet365 Bonus

Bet $5, Get $150 or
$1,000 First Bet Safety Net

At Sportsbooks Online we think Bet365 offers users one of the best sportsbook sign up bonuses out there.

The fact that users get to choose which kind of sign up bonus they receive is remarkable. This choice ensures users that want a strong ROI or users that want to win big with large-money wagers both get what they're looking for.

A real win-win for most bettors.

Best Bonus Bet Sportsbook Bonuses

The most generous welcome offer across the best sports betting sites is the bonus bet. The way they are portioned out varies depending on the site you're using. Most sites require minimum bets, while few others do not.

Some sites require you to place a so-called Second Chance or No Sweat real-money bet first and will reward you with a refund in bet credits if you lose, while others simply reward you with a bonus bet after your first deposit.

These are one of our favorite kinds of sportsbook bonuses because they offer so much upside to the player with so little downside. As always, we cannot recommend enough that you read the specific terms and conditions of your promotion. All of the relevant requirements and details should be very easy for you to find.

What to Know About "Free" and "Risk Free" Bets

While sportsbooks may label their offers as Free or Risk Free, you should keep in mind that this is not literally the case.

The vast majority of these bonuses require the user to deposit and risk their own money. Even with risk free bets, you will typically only get refunded in site credits, not cash.

Regulations have tightened, so sportsbooks have to be more straightforward when promoting their sign up bonus, but it's still important to vigilant.

Best Bet Get Sportsbook Bonuses

Sportsbooks often want users to not just sign up and claim a bonus but actually get to use the product, so players have a feel for how the betting app works. Bet and Get offers are great ways to incentivize a potential new customer all while getting them to test-drive how the sportsbook works.

Bet Get offers compensate you for betting a certain amount (usually $5 or $10) on the sportsbook by rewarding you with a larger amount in bonus bets after your wager is concluded. In most of these offers you get your bonus whether you win or lose, so it's a great way to get off to a flying start betting with your first sportsbook.

Bet Get offers are also presented to existing customers around major sporting events, such as the Super Bowl, but most of the time they are for new customers only.

21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
Bet Get Sign Up Bonuses
Sportsbook BonusAction
#1
Bet $5, Win $200 in Bonus Bets
+ Daily Boosts
#2
Bet365 bonus
Bet365 bonus
Bet365
4/5
Bet $5, Get $150 or
$1,000 First Bet Safety Net
Get $150 in Bonus Bets After Your First Real Money $5 Wager or Up to $1,000 Back in Bonus Bets if Your First Wager Loses
21+. New customers only. Limit one bonus per user.
Offer available in AZ/CO/IA/IN/KY/LA/NJ/NC/OH/VA.
First online real money wager for both offers. $10 first deposit required within 30 days.
Minimum wager of $5 required to claim the $150 bonus bets.
Loss refunded as bonus bets up to $1,000 with Safety Net Offer.
Bonus issued as non withdrawable bonus bets that expires in 30 days.
See full T&C at Bet365. #ad
#3
Bet $25 on a Parlay,
Get a $75 Bonus Bet
#4
Bet $200, Get $200
in Bonus Bets Every Day for 5 Days
#5
Bet $20, Get $100
Sportsbook Only Available in NJ

Best Second Chance Bet Sportsbook Bonuses

The second chance bet is a popular way to bring in new customers for online sportsbooks. In fact, this may currently be the most popular sportsbook bonus offer on the market.

You may have seen these offers referred to as "Risk Free" - they still function in the same way, but are no longer allowed to be called "Risk Free" since they do not reimburse users with cash back

Unlike typical sign up bonuses, second chance bets normally require the user to place a real-money wager first. From there, it's pretty straightforward.

If you win, nothing special happens. Simply enjoy your winnings. However, if you lose, you will be reimburswd up to a set amount in non-withdrawable on-site credits. In this way, a second chance bet can also be classified as a form of bet insurance.

More online sportsbooks are offering this welcome bonus now because it limits the amount of money they have to dole out to users by eliminating payments to players who win their first bet. However, we still think these bonuses offer users tremendous value by covering potential losses from their first wager.

These offers used to be called risk free, but are now mostly classified as "Second Chance" or "No Sweat Bets."

21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
Betting Apps with Second Chance Bets
Sportsbook BonusAction
#1
Up to $1,000 First Bet on Caesars
#2
Bet $5, Get $150 in Bonus Bets Instantly
#3
Bet365 bonus
Bet365 bonus
Bet365
4/5
Bet $5, Get $150 or
$1,000 First Bet Safety Net
Get $150 in Bonus Bets After Your First Real Money $5 Wager or Up to $1,000 Back in Bonus Bets if Your First Wager Loses
21+. New customers only. Limit one bonus per user.
Offer available in AZ/CO/IA/IN/KY/LA/NJ/NC/OH/VA.
First online real money wager for both offers. $10 first deposit required within 30 days.
Minimum wager of $5 required to claim the $150 bonus bets.
Loss refunded as bonus bets up to $1,000 with Safety Net Offer.
Bonus issued as non withdrawable bonus bets that expires in 30 days.
See full T&C at Bet365. #ad
#4
2nd Chance Bet up to $500
#5
BetMGM bonus
BetMGM bonus
BetMGM
4/5
Up to $1,500 in Bonus Bets
if Your First Bet Doesn't Win
#6
Up to $100 Back on Your First Bet
#7
First Bet Insurance up to $500

Best Sportsbook Deposit Bonuses

A way to enhance your value when joining up with a sportsbook is to take advantage of a deposit bonus.

A deposit bonus is, simply put, a bonus just for loading money into your account. Often times the dollar amount you put into your account will be matched by the sportsbook.

From there, the bonus amount is yours to spend how you like. However, you should take note that there is typically a higher turnover rate with deposit bonuses than bonus bets. DraftKings Sportsbook, for example, requires a turnover of 25x before your deposit bonus is converted into real, withdrawable cash.

Take a look at some of the best sportsbook deposit bonuses available today.

21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
Best Deposit Sportsbook Bonuses
Sportsbook BonusAction
#1
Up to $1,000 First Bet on Caesars
#2
Bet $5, Win $200 in Bonus Bets
+ Daily Boosts
#3
Bet $5, Get $150 in Bonus Bets Instantly
#4
Bet365 bonus
Bet365 bonus
Bet365
4/5
Bet $5, Get $150 or
$1,000 First Bet Safety Net
Get $150 in Bonus Bets After Your First Real Money $5 Wager or Up to $1,000 Back in Bonus Bets if Your First Wager Loses
21+. New customers only. Limit one bonus per user.
Offer available in AZ/CO/IA/IN/KY/LA/NJ/NC/OH/VA.
First online real money wager for both offers. $10 first deposit required within 30 days.
Minimum wager of $5 required to claim the $150 bonus bets.
Loss refunded as bonus bets up to $1,000 with Safety Net Offer.
Bonus issued as non withdrawable bonus bets that expires in 30 days.
See full T&C at Bet365. #ad
#5
2nd Chance Bet up to $500
#6
BetMGM bonus
BetMGM bonus
BetMGM
4/5
Up to $1,500 in Bonus Bets
if Your First Bet Doesn't Win
#7
Bet $25 on a Parlay,
Get a $75 Bonus Bet
#8
Up to $100 Back on Your First Bet
#9
Bet $200, Get $200
in Bonus Bets Every Day for 5 Days
#10
Up to $250 in Matched Bets
Over Your First 5 Weeks
Promo Code: CLUTCH250

Existing Customer Sportsbook Bonuses

Bet MGM Promotions

BetMGM's Promotions page features numerous deals for existing customer

"All of this is great for new users, but I'm looking for a long-term site for my sports betting needs?"

In that case, you should look to a site that has regular odds boosts and promotions. Many sites offer these to keep things valuable and interesting for their existing customers.

Daily odds boosts & promotions are a great way to receive continued value after you've exhausted your welcome bonus

You'll often find offers like parlay insurance, odds boosts, and more updated daily. Special offers can also revolve around high-profile events with boosted odds, such as bonuses for March Madness, the Super Bowl, or the NFL Draft.

Top Existing Customer Free Bets & Sportsbook Promos

  1. Refer-A-Friend - Recommend a sportsbook to your friend, and if they sign up and deposit you both get a bonus. If you and your buddies are all interested in sports betting, we highly recommend taking advantage of this feature. Included on BetMGM, Caesars, FanDuel Sportsbook, and more.
  2. Odds Boosts - Enhanced odds for a specific event allow you to get more winnings for a bet. Often offered for major events or for teams that have promotional partnerships with an online sportsbook. Find these offers on Caesars, Bet365, and DraftKings Sportsbook.
  3. Rewards Programs - Keep coming back to bet to unlock more rewards, such as free bets, as you continually bet over time. Caesars Sportsbook, DraftKings Sportsbook, and BetMGM all offer rewards programs for existing customers.
  4. Parlay Insurance - If one leg of your parlay fails, you may be eligible for money back, usually capped at $25. You can find parlay insurance for traditional and/or single game parlays at BetMGM, FanDuel Sportsbook, and DraftKings Sportsbook.
  5. Bonus Bet Offers - In addition to being offered as a sign up bonus, free bets are also commonly offered to existing customers. Offered a bit more sporadically than other promotions, existing customer free bets are usually offered around major events like the Super Bowl, All-Star Games, the World Cup, and March Madness. You are consistently offered bonus bets as an existing customer on Caesars Sportsbook and DraftKings Sportsbook.

Best Sportsbook with Existing Customer Promos

Caesars Sportsbook

Many Existing Customer Promotions

One of the sportsbooks that most frequently offers daily promotions and odds boosts is Caesars.

Nearly every day, they offer users parlay insurance, boosters, or enhanced odds. These offers make it worth revisiting the site.

Latest Existing Customer Sportsbook Bonuses

Bet365 Saturday Sluggers
Baseball Jul 12, 2024

Bet at least $50 on a specified game and get a $10 bonus bet for each home run hit during the game every Saturday during the MLB season!

FanDuel Sportsbook Dinger Tuesdays
Baseball Jul 4, 2024

Place a straight bet of at least $25 on a player to hit a home run and get a $5 bonus bet for each home run hit during the game!

BetRivers Bonus Code - $500 Deposit Match
Jul 3, 2024

Claim a deposit match of up to $500 on BetRivers by using our exclusive promo code SBOBONUS! Available to users in over 10 states!

Sportsbook Refer-A-Friend Bonus

Fanduel Sportsbook Refer a friend

FanDuel Sportsbook's Refer-A-Friend program

In this still growing business, many sportsbooks look to plain old word of mouth to spread the good word of their platform. How do they encourage this? By doling out some cash, of course.

That's right, many sportsbooks will give users a bonus, just for getting their friends to sign up.

If you have a large group of friends that loves sports, I heartily encourage you to look into sportsbooks with Refer-A-Friend programs. It's a simple, easy way to maximize the monetary value of your sportsbook experience.

Plus, you can always dunk on them for their bad beats after a long NFL Sunday at the bar.

    Best Sportsbook Referral Bonus

    BetMGM Refer A Friend Bonus

    A $50 Bonus Bet for You and a Friend

    BetMGM currently offers users a $50 bonus bet for you and every friend you refer to the sportsbook. Once they sign up with the sportsbook, they'll start out with their bonus and you receive yours after they use up all of their $50 in bonus bets. We love this bonus because you and your friend both get a nice bonus bet.

    You can receive a referral bonus for up to 20 new users, so you can be swimming in up to $1,000 in bonus bets before you know it!

    Refer-A-Friend Sportsbook Bonuses

    BetMGM Refer A Friend - $50 Bonus Bet For You and up to 20 Friends
    Jun 13, 2023

    BetMGM is offering users like you the chance to get $50 bonus bets just for referring a friend to the sportsbook! Claim up to $1,000 in bonus bets from BetMGM!

    Caesars Sportsbook Refer A Friend Bonus - $100 Bonus Bet for Your First 10 Friends
    Aug 10, 2023

    Caesars Sportsbook is offering users like you the chance to get $100 in bonus bets for referring a friend to the platform!

    FanDuel Sportsbook Refer A Friend Bonus - $75 in Bonuses
    Jun 13, 2023

    FanDuel Sportsbook is offering users like you the chance to get $75 in bonuses for the sportsbook and casino just for referring a friend to the platform! Claim up to $325 in bonus ...

    DraftKings Sportsbook Refer A Friend Bonus - $100 in Bonuses
    Jun 13, 2023

    DraftKings Sportsbook is offering you and your friend the chance to get $100 in bonus bets on the sportsbook for referring a friend to the platform! Claim up to $500 in bonus bets ...

    Best Online Casino Sportsbook Bonuses

    For the diversified bettor, many sportsbooks also have casino functionality.

    The casino sites typically have their own promotions and bonuses. Since the rate of return in casino games is higher than in sports betting, these bonuses tend to be less lucrative and feature higher turnover requirements than sportsbook bonuses.

    Beware - often, you can only redeem the casino bonus or the sportsbook bonus - not both.

    If you are interested in online casino bonuses, check out the list below featuring some of the best out now!

    21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
    Top 5 Online Casino Bonuses
    Sportsbook BonusAction
    #1
    Get $20 In Site Credit + Play It Again up to $1,000
    #2
    100% Deposit Bonus up to $2,000
    #3
    BetMGM bonus
    BetMGM bonus
    BetMGM
    4/5
    $25 Bonus
    plus a deposit match of up to $1,000
    #4
    100% Match up to $500
    #5
    Bet365 bonus
    Bet365 bonus
    Bet365
    4/5
    Deposit Bonus of up to $1,000

    Sportsbook Bonus FAQ

    What is the best sportsbook bonus?

    That depends on what you're looking for, but here are some of our favorites:

    This is, of course, a very select list, so make sure to read further down and see which bonus is the best fit for you.

    How do sportsbook sign up bonuses work?

    Usually, sign up bonuses are credited to your account upon registering your account however, some require a promo code. These bonuses offer you some value and allow you to test out the platform while minimizing your own risk. Make sure to check out our reviews for complete information on how to claim each sportsbook's bonus offer.

    What is sportsbook bonus turnover?

    Turnover is the number of times the money or site credit received through a bonus offer must be wagered before you can withdraw it. For example a $50 second chance bet with a 2x turnover, must be wagered twice to full fill the turnover requirement - a total of $100 in bets.

    When do sportsbook bonuses expire?

    Generally speaking they last 7-14 days, but this can vary wildly from book to book, so there's no one-size-fits-all answer here.

    Yet another reason to make sure you read your T's & C's!

    What is a qualifying wager?

    Qualifying wagers are bets that make you eligible for certain promotions. For example, if a site was offering a bonus bet if your first bet over $10 loses, then your first bet over $10 would be your qualifying wager. The requirements of qualifying wagers can normally be found in the terms and conditions of your promotion.

    What are referral bonuses? How do they work?

    Referral bonuses are bonuses given when you utilize a betting site's "Refer-A-Friend" feature. Typically they require the new user to make a qualifying bet or deposit. After placing their first bet or deposit both the new user and the existing customer should receive a credit in their account.

    Difference between bonuses for sportsbooks and casinos?

    It's fairly straightforward - on most sites with both functions, the sportsbook and casino have completely separate bonus offers. They usually vary in value and turnover amount and you can typically only redeem one. Casino bonuses tend to be a little less friendly and have a lower possible monetary value and higher turnover requirement.

    How do you turn a sportsbook bonus into cash?

    Most sportsbooks require you to fulfill what's called a turnover or playthrough requirement. This requirement is the number of times your bonus money must be wagered in order for it to be converted back into cash. So if you have a $10 bonus bet with a 2x turnover requirement, you must place bets equalling $20 in order for your bonus money to turn into cold, hard cash.

    There are rare exceptions to this rule, with some sportsbooks not requiring any turnover.

    21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
    US Online Sportsbook Sign Up Bonuses
    Sportsbook BonusAction
    #1
    Up to $1,000 First Bet on Caesars
    #2
    Bet $5, Win $200 in Bonus Bets
    + Daily Boosts
    #3
    Bet $5, Get $150 in Bonus Bets Instantly
    #4
    Bet365 bonus
    Bet365 bonus
    Bet365
    4/5
    Bet $5, Get $150 or
    $1,000 First Bet Safety Net
    Get $150 in Bonus Bets After Your First Real Money $5 Wager or Up to $1,000 Back in Bonus Bets if Your First Wager Loses
    21+. New customers only. Limit one bonus per user.
    Offer available in AZ/CO/IA/IN/KY/LA/NJ/NC/OH/VA.
    First online real money wager for both offers. $10 first deposit required within 30 days.
    Minimum wager of $5 required to claim the $150 bonus bets.
    Loss refunded as bonus bets up to $1,000 with Safety Net Offer.
    Bonus issued as non withdrawable bonus bets that expires in 30 days.
    See full T&C at Bet365. #ad
    #5
    2nd Chance Bet up to $500
    #6
    BetMGM bonus
    BetMGM bonus
    BetMGM
    4/5
    Up to $1,500 in Bonus Bets
    if Your First Bet Doesn't Win
    #7
    Bet $25 on a Parlay,
    Get a $75 Bonus Bet
    #8
    Up to $100 Back on Your First Bet
    #9
    Bet $200, Get $200
    in Bonus Bets Every Day for 5 Days
    #10
    Up to $250 in Matched Bets
    Over Your First 5 Weeks
    Promo Code: CLUTCH250
    #11
    Cash Back up to $300
    Promo Code: SBOST
    #12
    Bet $20, Get $100
    Sportsbook Only Available in NJ
    #13
    Bet $20, Get $100
    #14
    First Bet Insurance up to $500

    Sportsbook Bonus Offer Wrap-Up

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