Sportsbooks Online Sportsbook Bonuses

The 14 Best Sportsbook Sign Up Bonuses of 2026

An in-depth breakdown and comparison of the best betting welcome offers in the US. A complete guide to help you claim the bonuses that put you ahead of the game!
Patrick Corkery Profile Image
Written by Patrick Corkery
Editor-in-Chief
Fact checked by Ian Rutherford
Associate Editor
Last Updated Aug 18, 2026
21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
Sorting
Best Sportsbook Sign Up Bonuses for August 2026
Sign Up Bonus
Promo Code
Legal States
#1
10x $100 Bet Matches in FanCash or Bet $20, Get $350 in Bonus Bets Over 7 Days
Promo Code
N/A
Legal States
NY
VA
PA
+21
OH
IL
MI
NC
IN
CO
MA
AZ
NJ
MO
TN
KY
MD
LA
IA
KS
WV
DC
CT
VT
WY
Get up to $1,000 in FanCash Over Your First 10 Days OR Bet $20, Get $350 in Bonus Bets Over 7 Days
21+. New customers in AZ/CO/CT/IL/IN/IA/KS/KY/LA/MA/MD/ MI/MO/NC/NJ/NY/OH/PA/TN/VT/VA/WV/WY/DC only.
BET MATCHES: Apply promotion in bet slip and place a $1+ cash wager (min odds -200) daily for 10 consecutive days starting day of account creation. FanCash rewards will equal the qualifying wager amount (max $100 FanCash/day). FanCash issued under this promotion expires at 11:59 p.m. ET 7 days from issuance.
BET & GET: Must toggle on this promotion in your bet slip and wager $20+ cash on any market (min. odds -500) within 7 days of account opening to receive $50 in Bonus Bets each day for your first 7 days. Must opt in each day to claim Bonus Bets. Bonus Bets issued in connection with this Promotion expires 24 hours from issuance.
See full T&C at Fanatics.
#2
Bet $10, Get $150 Win or Lose or $1,000 First Bet Safety Net
Promo Code
SBO365
Legal States
VA
PA
OH
+14
IL
MI
NC
IN
CO
AZ
NJ
MO
TN
KY
MD
LA
IA
KS
Choose your offer: Get $150 in Bonus Bets After Your First Real Money $10 Wager OR Get up to $1,000 Back in Bonus Bets if Your First Wager Loses
21+. New customers only. Offer available in AZ/CO/IL/IN/IA/ KY/LA/MO/NC/OH/TN/VA. Different offer(s) available in MI/NJ/PA. $10 first deposit required within 30 days. Offer must be claimed via mobile app. Minimum wager of $10 required to claim the $150 Bonus Bets. Must contain at least one selection at odds of -500 or greater. With the Safety Net offer, loss is refunded as bonus bets up to $1,000. Bonus issued as non-withdrawable bonus bets that expire in 7 days. Bonus Bets wager excluded from returns. See full T&C at Bet365. Promo code is used for marketing and tracking purposes only. #ad
#3
Bet $1, Double Your Winnings on Your Next 10 Bets
Promo Code
SBODYW
Legal States
NY
VA
PA
+20
OH
IL
MI
NC
IN
CO
MA
AZ
NJ
MO
TN
KY
MD
LA
IA
KS
WV
DC
WY
ME
Get 10 100% Profit Boosts After Your First Real Money Wager of $1
21+ only. New customers only. Must use Promo Code SBODYW.
AZ/CO/IL/IN/IA/KS/KY/LA/ME/MA/MD/MI/ MO/NJ/NY/NC/OH/PA/TN/VA/WV/WY/DC only.
Deposit required (min $1). Must place first real money Qualifying Wager (min $1) within 30 days. Receive ten 100% Profit Boosts to use on any market. Maximum wager for each profit boost is $25. Maximum additional winnings for each rewarded profit boost is $2,500. Profit Boosts expire 14 days after receipt.
See full T&C at Caesars.
#4
Get up to $1,000 in Bet Reset Tokens
Promo Code
N/A
Legal States
NY
VA
PA
+23
OH
IL
MI
NC
IN
CO
MA
AZ
NJ
MO
TN
KY
MD
LA
IA
KS
WV
DC
CT
VT
WY
AR
PR
Bet $5 Every Day for 5 Days, Get up to $1000 Back if Your Bet Wins
21+ (18+ D.C., WY). New customers only. Offer available in AZ/AR/CO/CT/IA/IL/IN/KS/KY/LA/MD/MA /MI/MO/NC/NJ/NY/OH/PA/TN/VA/VT/WV/WY/DC (for KS, in affiliation with Kansas Star Casino).
First online real money wager only. Min $5 wager required. $5 first deposit required. Bonus issued as nonwithdrawable Bet Reset Tokens which expire 7 days after receipt. Restrictions apply.
See full T&C at FanDuel.
#5
Get Up to $1,500 in Bonus Bets
if Your First Bet Doesn't Win
Promo Code
N/A
Legal States
NY
VA
PA
+22
OH
IL
MI
NC
IN
CO
MA
AZ
NJ
MO
TN
KY
MD
LA
IA
KS
WV
DC
WY
MS
NV
PR
Up to $1,500 Back in Bonus Bets if Your First Wager Doesn't Win
New users only. Offer available in AZ/CO/DC/IL/IN/IA/KS/LA/MA/MD/MI/ MO/NC/NJ/OH/PA/TN/VA/WV/WY. Offer not available in NV/NY/PR.
Qualifying deposit (min $10) and first real money wager required. If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,500. Rewards are non-withdrawable bonus bets that expire in 7 days.
See full T&C at BetMGM.
21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET. NY: Call (877-8-HOPENY) or text HOPENY (467369).
#6
Spend $5, Get $150 in Bonus Bets Paid Over 14 Days
Promo Code
N/A
Legal States
NY
VA
PA
+25
OH
IL
MI
NC
IN
CO
MA
AZ
NJ
MO
TN
KY
MD
LA
IA
KS
WV
DC
CT
VT
WY
NH
ME
OR
AR
GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR).
Spend $5, Get $150 In Bonus Bets, Paid Within 14 Days!
1+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days after issuance. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 14 days. 7 days = 168hrs.
Terms: sportsbook.draftkings.com/promos. Ends 8/23/26 at 11:59 PM ET. Sponsored by DK.
#7
Bet $5, Get $150 in Bonus Bets if Your Bet Wins
Promo Code
N/A
Legal States
FL
VA
OH
+7
IL
MI
IN
AZ
NJ
TN
IA
Bet $5, Get $150 in Bonus Bets if your first bet wins
21+. New customers only. AZ, CO, IL, IN, MI, NJ, OH, TN, VA only. Eligibility restrictions apply.
Sign up for Hard Rock Bet Sportsbook, deposit, and place a first cash bet of $5+. If it wins, get $150 in Bonus Bets (6 x $25). First bet only. Min odds -500. Bonus Bets issued on settlement, expire in 7 days. Valid on eligible markets only. No boosts or round robins. Stake not returned. Early Cash Out voids eligibility. Excluded patrons are prohibited from participating in Promotions.  To be eligible all personal and contact data associated to your account must be verifiable.
Concerned about gambling? In FL, call 1-833-PLAYWISE. In IN, if you or someone you know has a gambling problem and wants help, call 1-800-9-WITH-IT. In AZ, OH, & VA, call 1-800-MY-RESET. GAMBLING PROBLEM? CALL 1-800-GAMBLER (CO, IL, MI, NJ, TN)
See full T&C at Hard Rock Bet.
#8
First Bet Reset up to $1,000
Promo Code
N/A
Legal States
NY
VA
PA
+18
OH
IL
MI
NC
IN
CO
MA
AZ
NJ
MO
TN
KY
MD
LA
IA
KS
WV
DC
GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET
Get a First Bet Reset up to $1,000
New users only, must be 21+ and physically present in AZ/CO/DC/IA/IL/IN/KS/KY/ LA/MA/MD/MI/MO/NC/NJ/OH/PA/TN/VA/WV.
$10+ minimum deposit required. Qualifying wager must settle as a loss to receive refund. Refund paid out as five (5) Bonus Bets worth 20% of the qualifying wager. Max. $1,000 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours).
Terms: sportsbook.thescore.bet/promotions.
#9
2nd Chance Bet up to $500
Promo Code
SBOBONUS
Legal States
NY
VA
PA
+12
OH
IL
MI
IN
CO
AZ
NJ
MD
LA
IA
WV
DE
Up to $500 Back in Bonus Bets if Your First Wager Loses
21+. New customers only. Offer amount varies by state.
Up to $500 bonus in IL/IN/MD/LA/MI/PA/VA.
Up to $250 bonus in CO/NJ
Up to $100 bonus in AZ/IA/NY/OH/WV
Must make a qualifying deposit of $10+ with promo code SBOBONUS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500.
See full T&C at BetRivers.
#10
Bet $10, Get $50 in Bonus Bets
Promo Code
N/A
Legal States
NY
VA
OH
+8
IN
CO
MA
AZ
NJ
TN
MD
IA
Get $50 in Bonus Bets After Your First Real Money $10 Wager
21+. 1 per new customer. Offer available in AZ/CO/IN/IA/MD/MA/NJ/NY/OH/TN/VA. Eligibility restrictions apply.
Min. $10 deposit. Min. $10 qualifying wager with minimum odds of -250. Bonus bet tokens issued within 48 hours of settlement of qualifying wager. $50 bonus issued as two non-withdrawable $25 Bonus Bets. Bonus Bets expire 7 days (168 hours) after issuance. Bonus Bet stakes removed from payout.
See full T&C at Bally Bet.
#11
100% Bet Insurance Up to $50
Promo Code
N/A
Legal States
PA
MI
NJ
+1
MD
#12
Bet $20, Get $100 in Bonus Bets
Promo Code
N/A
Legal States
AZ
Get $100 in Bonus Bets After Your First Real Money $20 Wager
21+. New customers located in AZ only (excludes Indian lands).
Minimum $10 deposit. Qualifying wager must be made with real money and meet minimum odds of -200 or longer. The player will be awarded five (5) $20 Bonus Bets (total value $100). Must stake Bonus Bets on wagers with odds of -200 or longer. Bonus Bets expire 14 days after issuance.
See full T&C at Desert Diamond.
#13
Bet $20, Get $100
Sportsbook Only Available in NJ
Promo Code
N/A
Legal States
NJ
Get $100 in Bonus Bets After Your First Real Money $20 Wager
21+. New customers only. NJ only.
Qualifying deposit (min $20) required. First online real money wager required (min $20, odds -200 or greater). Bonus issued as non-withdrawable bonus bets that expire in 7 days.
See full T&C at Borgata.
#14
2nd Chance Bet up to $500
Promo Code
SBOBONUS
Legal States
PA
Up to $500 Back in Bonus Bets if Your First Wager Loses
21+. New customers located in PA only.
Must make a qualifying deposit of $10+ with promo code SBOBONUS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500.
See full T&C at PlaySugarHouse.

Find a Bonus in Your State

Bonus offers vary by state, and it’s not always clear which ones you’re eligible for. Choose your state below to see a full breakdown of the sportsbook bonuses available where you live.

Latest Sportsbook Bonuses & Promos

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Breaking Down the Best Sportsbook Sign Up 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
󠀥󠀥📈 Best Return on InvestmentFanDuel
🇺🇸 Most Widely AvailableDraftKings
⏳ Longest-LastingFanatics
🆕 Newest BonusDraftKings
🔢 Lowest Minimum OddsFanDuel/BetMGM

Editor's Note: Bonus offers may vary by state. Make sure to check the Terms & Conditions of your bonus to make sure it is available where you live!

1. Fanatics Sportsbook Sign Up Bonus

Fanatics Sportsbook Bonus
10x $100 Bet Matches in FanCash or Bet $20, Get $350 in Bonus Bets Over 7 Days

Turnover: 1x bonus amount

Min Bet: $1

Lowest odds: -200

Bonus code: N/A

Pros
Choice between daily bet matches and a bet-and-get offer
Ability to earn FanCash rewards is more appealing than just standard bonus bets
Cons
Both options require activity on multiple consecutive days
Daily rewards have short expiration periods

Fanatics offers more flexibility than most sportsbook sign up promos because customers can choose between a longer series of bet matches and a more straightforward bet-and-get deal. The bet-match option has the higher ceiling, but reaching its full value requires a qualifying wager every day.

Not only that, but FanCash is also more versatile than a standard Bonus Bet because it can be redeemed for Bonus Bets, Profit Boosts, or eligible Fanatics merchandise.

That combination of a high ceiling, two ways to qualify, and more flexible rewards makes Fanatics our top betting sign up bonus, although bettors who don't want to return daily may prefer a simpler bet-and-get offer.

Fanatics Sportsbook Bonus Quick Facts

Total Bonus AmountUp to $1,000
Minimum Deposit$5
Minimum Odds-200
Turnover1x
Expiration Time7 days
Promo CodeN/A
Available StatesAZ, CO, CT, IL, IN, IA, KS, KY, LA, MD, MA, MI, MO, NJ, NY, NC, OH, PA, TN, VT, VA, WV, WY, and DC

2. Bet365 Sign Up Bonus

Bet365 Bonus
Bet $10, Get $150 Win or Lose or $1,000 First Bet Safety Net

Turnover: 1x bonus amount

Min Bet: $10

Lowest odds: -500

Bonus code: SBO365

Pros
Choose between a guaranteed reward and first-bet protection
Potential reward of up to $1,000
Cons
Offer must be redeemed via the Bet365 app
Bonus Bets expire after 7 days

Bet365 gives new customers a meaningful choice instead of forcing everyone into the same type of promotion. The $150 option is likely the better value for most casual bettors because the reward is guaranteed after a qualifying wager, while the Safety Net becomes more appealing for someone planning a larger first bet. Just remember that the two offers cannot be combined, so the decision must be made before placing that wager.

We really like this offer due to the optionality, although Fanatics' Fancash functionality gives it a minor edge.

Bet365 Bonus Quick Facts

Total Bonus AmountUp to $1,000
Minimum Deposit$10
Minimum Odds-500
Turnover1x
Expiration Time7 days
Promo CodeSBO365
Available StatesAZ, CO, IL, IN, IA, KS, KY, LA, MD, MI, MO, NJ, NC, OH, PA, TN, and VA

3. Caesars Sportsbook Sign Up Bonus

Caesars Sportsbook Bonus
Bet $1, Double Your Winnings on Your Next 10 Bets

Turnover: 1x bonus amount

Min Bet: 1

Lowest odds: -10000

Bonus code: SBODYW

Pros
Bonus doesn't expire as early as other promos
Profit Boosts can be used across many eligible betting markets
Cons
Each Profit Boost has a maximum qualifying wager of $25
Terms & Conditions like the Maximum Value are less clear than other bonuses

While it may not be the most attractive from the tagline, Caesars' Sportsbook's promo offers a lot of possible value. It's more customizable, and it is different than your typical bet-and-gets. Caesars takes a different approach by rewarding winning bets instead of protecting a losing first wager.

The 100% Profit Boosts can deliver strong value when used on carefully selected wagers, and the 14-day expiration window provides more time than many other offers. However, the $25 maximum boosted stake limits the value of each token, especially for customers who normally place larger bets.

Caesars Sportsbook Bonus Quick Facts

Total Bonus Amount10 100% Profit Boosts
Minimum Deposit$1
Minimum Odds-10000
Turnover1x
Expiration Time14 days
Promo CodeSBODYW
Available StatesAZ, CO, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MO, NV, NJ, NY, NC, OH, PA, TN, VA, WV, WY, DC, and PR

4. FanDuel Sportsbook Sign Up Bonus

FanDuel Sportsbook Bonus
Get up to $1,000 in Bet Reset Tokens

Turnover: 1x bonus amount

Min Bet: $5

Lowest odds: N/A

Bonus code: N/A

Pros
High potential bonus of up to $1,000
Low minimum deposit requirement of just $5
Cons
Requires qualifying wagers across multiple days
Reset Tokens last only 7 days

FanDuel’s offer looks to be one of the more generous out there on paper, but the full value is not awarded after one wager. Customers must return and qualify each day, making this a better fit for bettors who plan to use the app consistently during their first week. Each daily Bet Reset can provide another chance if the qualifying wager loses, but users need to keep track of two expiration windows: the Reset Token expires before the resulting Bonus Bets.

All in all, this is definitely still a good bonus but more for the committed user than one trying to get a lot of value from their first wager.

FanDuel Sportsbook Bonus Quick Facts

Total Bonus AmountUp to $1,000
Minimum Deposit$5
Minimum OddsN/A
Turnover1x
Expiration Time7 days
Promo CodeN/A
Available StatesAZ, AR, CO, CT, IL, IN, IA, KS, KY, LA, MD, MA, MI, MO, NJ, NY, NC, OH, PA, TN, VA, WV, WY, DC, and PR

5. BetMGM Sign Up Bonus

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

Turnover: 1x bonus amount

Min Bet: $10

Lowest odds: N/A

Bonus code: N/A

Pros
Protects a first wager for up to $1,500, the highest possible value in the US
Bonus is split evenly into 20% increments, giving you more chances to recoup your initial loss
Cons
No reward if your first wager wins
Offer not available in New York

BetMGM has the highest advertised first-bet protection limit of any bonus in the country, but that does not automatically make it the best choice for every bettor. The reward is issued only when the first wager is a loser, and larger refunds may be split into several Bonus Bets.

It makes the most sense for a higher roller, as opposed to someone simply bonus-hunting.

BetMGM Bonus Quick Facts

Total Bonus AmountUp to $1,500
Minimum Deposit$10
Minimum OddsN/A
Turnover1x
Expiration Time7 days
Promo CodeN/A
Available StatesAZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, MO, NV, NJ, NY, NC, OH, PA, TN, VA, WV, WY, DC, and PR

6. DraftKings Sportsbook Sign Up Bonus

DraftKings Sportsbook Bonus
Spend $5, Get $150 in Bonus Bets Paid Over 14 Days

Turnover: 1x bonus amount

Min Bet: $5

Lowest odds: -500

Bonus code: N/A

Pros
Earn $150 in Bonus Bets from a small qualifying wager
Lower initial commitment than most first-bet protection offers
Cons
Bonus Bets are issued in installments rather than all at once, like Bet365's bonus
Each bonus installment expires 7 days after issuance

DraftKings has one of the most accessible offers in the country due to the low minimum wager requirement of just $5 to unlock your $150 bonus. The tradeoff is that your bonus is spread over three $50 bonus bets rewarded over the course of two weeks. Customers must return to claim each installment and use it before expiration, so this offer rewards attention more than a traditional one-time bet-and-get bonus.

DraftKings Sportsbook Bonus Quick Facts

Total Bonus Amount$150
Minimum Deposit$5
Minimum Odds-500
Turnover1x
Expiration Time7 days
Promo CodeN/A
Available StatesAZ, AR, CO, CT, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MO, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, WY, and DC

7. Hard Rock Bet Sign Up Bonus

Hard Rock Bet Bonus
Bet $5, Get $150 in Bonus Bets if Your Bet Wins

Turnover: 1x bonus amount

Min Bet: $5

Lowest odds: N/A

Bonus code: N/A

Pros
Awards $150 in Bonus Bets from a qualifying first wager of only $5
Reward is divided into six $25 Bonus Bets, making it easy to spread across several wagers
Cons
The first wager must win in order to earn the bonus
Qualifying wager must have odds of -500 or longer, and Bonus Bets expire after 7 days

Hard Rock Bet offers a strong return on a small first wager, but you must win that wager in order to claim your reward. The bonus arriving in several smaller bonuses makes it practical for testing different markets and features within the app, which is a big plus.

If not for the fact that you must win to claim your reward, this would be higher on the list. But the idea that users may walk away empty-handed keeps it out of the elite.

Hard Rock Bet Bonus Quick Facts

Total Bonus Amount$150
Minimum Deposit$5
Minimum OddsN/A
Turnover1x
Expiration Time7 days
Promo CodeN/A
Available StatesAZ, CO, FL, IL, IA, IN, MI, NJ, OH, TN, and VA

8. theScore Bet Sign Up Bonus

theScore Bet Bonus
First Bet Reset up to $1,000

Turnover: 1x bonus amount

Min Bet: $10

Lowest odds: N/A

Bonus code: N/A

Pros
High maximum bonus amount of up to $1,000
Bonus refund is divided into five smaller installments
Cons
Qualifying wager must lose in order to receive your bonus
Bonus expires after 7 days

theScore Bet's welcome offer provides substantial first-wager protection, guaranteeing a refund in bonus bets up to $1,000. The structure is also a big positive, dividing your bonus into five Bonus Bets, each worth 20% of the original wager, as opposed to just one bonus. That makes the reward easier to spread across multiple picks, although all five Bonus Bets still share a relatively short expiration window.

Like all other second chance bet-style offers, however, your first wager must lose in order for you to receive your bonus. We tend to prefer more of a guarantee for our bonuses here, but if you're interested in this style of wager for arbitrage or something similar, then this is a good sign up offer for you.

theScore Bet Bonus Quick Facts

Total Bonus AmountUp to $1,000
Minimum Deposit$10
Minimum OddsN/A
Turnover1x
Expiration Time7 days
Promo CodeN/A
Available StatesAZ, CO, IA, IL, IN, KS, KY, LA, MD, MA, MI, MO, NJ, NC, OH, PA, TN, VA, WV, DC

9. BetRivers Sign Up Bonus

BetRivers Bonus
2nd Chance Bet up to $500

Turnover: 1x bonus amount

Min Bet: $10

Lowest odds: -200

Bonus code: SBOBONUS

Pros
Longest expiration time of all the sportsbook welcome offers
Very straightforward terms and conditions
Cons
Relatively low bonus amount for a second chance bet
Offer amount varies depending on the state

BetRivers' version of a second chance bet looks a bit modest on the surface. When compared to theScore Bet or BetMGM, there's not much that makes it seem very impressive, and in truth, there's not a ton of reason to choose this one over either of those, especially when you factor in that you may not be eligible for the full possible $500 amount depending on your state (it should be noted that this is made very clear when visiting BetRivers and allowing geolocation, so there is no deception on their part).

However, just because it isn't as flashy doesn't make it worthless. While I wouldn't recommend it over some of the top bonuses out there, if you are bonus hunting, arbitrage betting, or just looking for a new sportsbook, BetRivers' sign up bonus is a nice reward for a new sportsbook.

BetRivers Bonus Quick Facts

Total Bonus AmountUp to $500
Minimum Deposit$10
Minimum Odds-200
Turnover1x
Expiration Time30 days
Promo CodeSBOBONUS
Available StatesAZ, CO, DE, IL, IN, IA, LA, MD, MI, NJ, NY, OH, PA, VA, and WV

10. Bally Bet Sign Up Bonus

Bally Bet Bonus
Bet $10, Get $50 in Bonus Bets

Turnover: 1x bonus amount

Min Bet: $10

Lowest odds: -250

Bonus code: N/A

Pros
Users get their promotion whether their first wager wins or loses
Users get their bonus split up as two $25 bonus bet tokens
Cons
Comparatively low total bonus for a bet & get
Expires after 7 days

Bally Bet's offer isn't going to blow you away with a massive number or flashy advertising campaign, but there is real value to be had here. Just place your $10 qualifying wager and you’ll get $50 in Bonus Bets regardless of whether your qualifying wager wins or loses. The reward is also split into two $25 Bonus Bets, giving you a little more flexibility when using it.

The obvious drawback is the value. With competing sportsbooks offering hundreds of dollars in potential bonuses, $50 is difficult to get excited about. Still, if you’re looking for a low-cost offer with a guaranteed reward rather than chasing the biggest possible bonus amount (which you'll then have to turn over anyway), Bally Bet is a perfectly reasonable option.

Bally Bet Bonus Quick Facts

Total Bonus Amount$50
Minimum Deposit$10
Minimum Odds-250
Turnover1x
Expiration Time7 days
Promo CodeN/A
Available StatesAZ, CO, IN, IA, MD, MA, MO, NJ, NY, OH, and VA

11. betPARX Sign Up Bonus

betPARX Bonus
100% Bet Insurance Up to $50

Turnover: 1x bonus amount

Lowest odds: -200

Bonus code: N/A

Pros
Available in a few states
Straightforward Terms and Conditions
Cons
Very low bonus amount for a second chance bet
Only valid for 7 days

To be honest, betPARX's offer probably should be a lot better than it is. For a second chance bet, there's not really a ton of value. However, it's not like most users are going for the extremely high dollar amounts on a site like BetMGM, anyway, so it's still useful.

It's also available in more states than those listed below, so if you're living in one of Maryland, Michigan, New Jersey, or Pennsylvania and bonus hunting, it could be worth looking into. Otherwise, we recommend looking into one of the other bonuses listed here.

betPARX Bonus Quick Facts

Total Bonus AmountUp to $50
Minimum Deposit$10
Minimum Odds-200
Turnover1x
Expiration Time7 days
Promo CodeN/A
Available StatesMD, MI, NJ, PA

12. Bet Desert Diamond Sign Up Bonus

Bet Desert Diamond Bonus
Bet $20, Get $100 in Bonus Bets

Turnover: 1x bonus amount

Min Bet: $20

Lowest odds: -200

Bonus code: N/A

Pros
Guaranteed 5x return on qualifying wager whether you win or lose
Bonus amount split up into 5 bonus bets
Cons
Pretty high minimum wager for a bet & get
Only available in Arizona

Bet Desert Diamond’s offer is straightforward: bet $20 and get $100 in Bonus Bets whether your qualifying wager wins or loses. That’s a guaranteed bonus worth five times your initial bet, and I like that the $100 is split into five separate Bonus Bets rather than forcing you to use the entire reward at once.

The $20 qualifying wager is higher than I’d like to see for a bet & get offer, especially when some competitors require just $5 or $10 for much higher returns on investment. Still, if you're bonus-hunting in Arizona, this is a pretty great bonus to latch onto.

Bet Desert Diamond Bonus Quick Facts

Total Bonus Amount$100
Minimum Deposit$20
Minimum Odds-200
Turnover1x
Expiration Time14 days
Promo CodeN/A
Available StatesAZ

13. Borgata Sports Sign Up Bonus

Borgata Sportsbook Bonus
Bet $20, Get $100
Sportsbook Only Available in NJ

Turnover: 1x bonus amount

Min Bet: $20

Lowest odds: -200

Bonus code: N/A

Pros
Receive your bonus instantly
Eligible for bonus whether your qualifying wager wins or loses
Cons
High minimum wager for a bet & get
Only available in New Jersey

Borgata’s welcome offer won’t blow anyone away with its $100 ceiling, but I like how quickly you get the reward. Bet $20 and the $100 in Bonus Bets is credited immediately, regardless of whether your qualifying wager wins or loses. There’s no waiting on the outcome of that first bet before receiving the bonus.

That makes Borgata a little more convenient than similar $100 bet-and-get offers, but the $20 qualifying wager is still relatively high, and availability is limited to New Jersey. If you're looking for a local brand with a decent product for your Sunday betting, then Borgata's welcome offer still gives you a solid start.

Borgata Sports Bonus Quick Facts

Total Bonus Amount$100
Minimum Deposit$20
Minimum Odds-200
Turnover1x
Expiration Time7 days
Promo CodeN/A
Available StatesNJ

14. PlaySugarHouse Sign Up Bonus

PlaySugarHouse Bonus
2nd Chance Bet up to $500

Turnover: 1x bonus amount

Lowest odds: -200

Bonus code: SBOBONUS

Pros
Long expiration window of 30 days
Pretty high possible bonus amount for a small sportsbook
Cons
Users who have already signed up for BetRivers are ineligible
Only available in Pennsylvania

PlaySugarHouse offers the same type of second chance welcome you’ll find at its bigger sister brand, BetRivers, with up to $500 in Bonus Bets if your qualifying wager loses, matching your initial wager 100%. The 30 day expiration window is a real advantage, giving you considerably more time to use the reward than most betting welcome bonuses.

The catch is that PlaySugarHouse and BetRivers are the same company, so existing BetRivers customers aren’t eligible for this offer. On its own, PlaySugarHouse's welcome bonus is a good start for a small sportsbook, but it just doesn't make a lot of sense to sign up for this version instead of the bigger and better-supported BetRivers.

PlaySugarHouse Bonus Quick Facts

Total Bonus Amount$500
Minimum Deposit$10
Minimum Odds-200
Turnover1x
Expiration Time30 days
Promo CodeSBOBONUS
Available StatesPA

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

How We Evaluate Sportsbook Sign Up Bonuses

Most sportsbooks offer users a sign up bonus to lure them into the site. But these welcome offers can come in many forms, with the true value often obscured by complicated or hidden Terms & Conditions. At Sportsbooks Online, we try to cut through the noise and flashy headlines to give our users a transparent look at each sportsbook's sign up offer.

Here are some of the categories we evaluate when breaking down 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 straightforward, and offers with the highest maximum values are certainly eye-popping. However, we 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. For bet & get-style bonuses, we value a nice, low minimum deposit and wager requirement.

  • 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. In the US, we're very lucky, as many sites only require a turnover of 1x. Compared to the sportsbook bonuses in Canada, where many requirements are as high as 5x, a one-time turnover is nothing. Still, this is definitely something we keep an eye on.

  • Flexibility - In my opinion, this is one of the absolutely most important variables to consider when evaluating bonuses. Sites like BetMGM 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 BetMGM. 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. Most of the time, these are reasonable, but we're always on the lookout to make sure there aren't any plus minimum odds requirements that would make it more difficult to convert your bonus to real 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.

At Sportsbooks Online, we have our team members sign up, deposit, and try to turn over every sign up bonus before evaluating. This way we ensure our analysis is as accurate, detailed, and up-to-date as possible.

Understanding the Different Types of Sportsbook Bonuses & Promotions

Sports betting sites offer varying kinds of sign up bonuses to entice new users to their platform. They can differ in how you qualify for the bonus, the amount of value received, and the initial investment requirement to unlock the full advertised amount.

The three most common types of sign up bonuses you will see advertised by betting sites are Bet & Get, Second Chance Bets, and Deposit Bonuses.

We've broken down all three of these most common varieties below so you can fully understand what you're getting into before making your decision.

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 "Second Chance" or "No Sweat" 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 be vigilant and make sure to read up on the Terms and Conditions.

Bet & Get Bonus Bets 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 & 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.

These offers typically have the best reward to investment ratio (often 20-40x), so they provide the most value even if the dollar amount isn't as flashy as a second chance offer.

21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
Bet & Get Sign Up Bonuses
Bonus
#1
Bet $10, Get $150 Win or Lose or $1,000 First Bet Safety Net
Choose your offer: Get $150 in Bonus Bets After Your First Real Money $10 Wager OR Get up to $1,000 Back in Bonus Bets if Your First Wager Loses
21+. New customers only. Offer available in AZ/CO/IL/IN/IA/ KY/LA/MO/NC/OH/TN/VA. Different offer(s) available in MI/NJ/PA. $10 first deposit required within 30 days. Offer must be claimed via mobile app. Minimum wager of $10 required to claim the $150 Bonus Bets. Must contain at least one selection at odds of -500 or greater. With the Safety Net offer, loss is refunded as bonus bets up to $1,000. Bonus issued as non-withdrawable bonus bets that expire in 7 days. Bonus Bets wager excluded from returns. See full T&C at Bet365. Promo code is used for marketing and tracking purposes only. #ad
#2
Get up to $1,000 in Bet Reset Tokens
Bet $5 Every Day for 5 Days, Get up to $1000 Back if Your Bet Wins
21+ (18+ D.C., WY). New customers only. Offer available in AZ/AR/CO/CT/IA/IL/IN/KS/KY/LA/MD/MA /MI/MO/NC/NJ/NY/OH/PA/TN/VA/VT/WV/WY/DC (for KS, in affiliation with Kansas Star Casino).
First online real money wager only. Min $5 wager required. $5 first deposit required. Bonus issued as nonwithdrawable Bet Reset Tokens which expire 7 days after receipt. Restrictions apply.
See full T&C at FanDuel.
#3
Spend $5, Get $150 in Bonus Bets Paid Over 14 Days
GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR).
Spend $5, Get $150 In Bonus Bets, Paid Within 14 Days!
1+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new DraftKings customer. $5+ first-time bet req. Max. $150 issued as non-withdrawable Bonus Bets that expire in 7 days after issuance. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 14 days. 7 days = 168hrs.
Terms: sportsbook.draftkings.com/promos. Ends 8/23/26 at 11:59 PM ET. Sponsored by DK.
#4
Bet $20, Get $100
Sportsbook Only Available in NJ
Get $100 in Bonus Bets After Your First Real Money $20 Wager
21+. New customers only. NJ only.
Qualifying deposit (min $20) required. First online real money wager required (min $20, odds -200 or greater). Bonus issued as non-withdrawable bonus bets that expire in 7 days.
See full T&C at Borgata.
#5
Bet $5, Get $150 in Bonus Bets if Your Bet Wins
Bet $5, Get $150 in Bonus Bets if your first bet wins
21+. New customers only. AZ, CO, IL, IN, MI, NJ, OH, TN, VA only. Eligibility restrictions apply.
Sign up for Hard Rock Bet Sportsbook, deposit, and place a first cash bet of $5+. If it wins, get $150 in Bonus Bets (6 x $25). First bet only. Min odds -500. Bonus Bets issued on settlement, expire in 7 days. Valid on eligible markets only. No boosts or round robins. Stake not returned. Early Cash Out voids eligibility. Excluded patrons are prohibited from participating in Promotions.  To be eligible all personal and contact data associated to your account must be verifiable.
Concerned about gambling? In FL, call 1-833-PLAYWISE. In IN, if you or someone you know has a gambling problem and wants help, call 1-800-9-WITH-IT. In AZ, OH, & VA, call 1-800-MY-RESET. GAMBLING PROBLEM? CALL 1-800-GAMBLER (CO, IL, MI, NJ, TN)
See full T&C at Hard Rock Bet.
#6
Bet $10, Get $50 in Bonus Bets
Get $50 in Bonus Bets After Your First Real Money $10 Wager
21+. 1 per new customer. Offer available in AZ/CO/IN/IA/MD/MA/NJ/NY/OH/TN/VA. Eligibility restrictions apply.
Min. $10 deposit. Min. $10 qualifying wager with minimum odds of -250. Bonus bet tokens issued within 48 hours of settlement of qualifying wager. $50 bonus issued as two non-withdrawable $25 Bonus Bets. Bonus Bets expire 7 days (168 hours) after issuance. Bonus Bet stakes removed from payout.
See full T&C at Bally Bet.

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 reimbursed 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. Because the sportsbook tends to benefit from the user qualifying, they're much more willing to offer high dollar amounts.

In the past we've seen major brands offer these bets at huge values like $1,000 or $1,500, numbers that you would never see with a Bet & Get or Deposit Bonus.

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
Bonus
#1
10x $100 Bet Matches in FanCash or Bet $20, Get $350 in Bonus Bets Over 7 Days
Get up to $1,000 in FanCash Over Your First 10 Days OR Bet $20, Get $350 in Bonus Bets Over 7 Days
21+. New customers in AZ/CO/CT/IL/IN/IA/KS/KY/LA/MA/MD/ MI/MO/NC/NJ/NY/OH/PA/TN/VT/VA/WV/WY/DC only.
BET MATCHES: Apply promotion in bet slip and place a $1+ cash wager (min odds -200) daily for 10 consecutive days starting day of account creation. FanCash rewards will equal the qualifying wager amount (max $100 FanCash/day). FanCash issued under this promotion expires at 11:59 p.m. ET 7 days from issuance.
BET & GET: Must toggle on this promotion in your bet slip and wager $20+ cash on any market (min. odds -500) within 7 days of account opening to receive $50 in Bonus Bets each day for your first 7 days. Must opt in each day to claim Bonus Bets. Bonus Bets issued in connection with this Promotion expires 24 hours from issuance.
See full T&C at Fanatics.
#2
Bet $10, Get $150 Win or Lose or $1,000 First Bet Safety Net
Choose your offer: Get $150 in Bonus Bets After Your First Real Money $10 Wager OR Get up to $1,000 Back in Bonus Bets if Your First Wager Loses
21+. New customers only. Offer available in AZ/CO/IL/IN/IA/ KY/LA/MO/NC/OH/TN/VA. Different offer(s) available in MI/NJ/PA. $10 first deposit required within 30 days. Offer must be claimed via mobile app. Minimum wager of $10 required to claim the $150 Bonus Bets. Must contain at least one selection at odds of -500 or greater. With the Safety Net offer, loss is refunded as bonus bets up to $1,000. Bonus issued as non-withdrawable bonus bets that expire in 7 days. Bonus Bets wager excluded from returns. See full T&C at Bet365. Promo code is used for marketing and tracking purposes only. #ad
#3
Get up to $1,000 in Bet Reset Tokens
Bet $5 Every Day for 5 Days, Get up to $1000 Back if Your Bet Wins
21+ (18+ D.C., WY). New customers only. Offer available in AZ/AR/CO/CT/IA/IL/IN/KS/KY/LA/MD/MA /MI/MO/NC/NJ/NY/OH/PA/TN/VA/VT/WV/WY/DC (for KS, in affiliation with Kansas Star Casino).
First online real money wager only. Min $5 wager required. $5 first deposit required. Bonus issued as nonwithdrawable Bet Reset Tokens which expire 7 days after receipt. Restrictions apply.
See full T&C at FanDuel.
#4
Get Up to $1,500 in Bonus Bets
if Your First Bet Doesn't Win
Up to $1,500 Back in Bonus Bets if Your First Wager Doesn't Win
New users only. Offer available in AZ/CO/DC/IL/IN/IA/KS/LA/MA/MD/MI/ MO/NC/NJ/OH/PA/TN/VA/WV/WY. Offer not available in NV/NY/PR.
Qualifying deposit (min $10) and first real money wager required. If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,500. Rewards are non-withdrawable bonus bets that expire in 7 days.
See full T&C at BetMGM.
21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET. NY: Call (877-8-HOPENY) or text HOPENY (467369).
#5
2nd Chance Bet up to $500
Up to $500 Back in Bonus Bets if Your First Wager Loses
21+. New customers only. Offer amount varies by state.
Up to $500 bonus in IL/IN/MD/LA/MI/PA/VA.
Up to $250 bonus in CO/NJ
Up to $100 bonus in AZ/IA/NY/OH/WV
Must make a qualifying deposit of $10+ with promo code SBOBONUS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500.
See full T&C at BetRivers.

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. Oftentimes, 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, required a turnover of 25x before your deposit bonus is converted into real, withdrawable cash when they offered a deposit bonus. There may also be restrictions that require the betting odds of the event to be a certain amount (such as -200 or higher).

There are currently no sportsbooks offering a true deposit bonus as a sign up offer.

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 for 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 the Super Bowl, March Madness, or the NFL Draft.

  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 bonus 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, bonus bets are also commonly offered to existing customers. Offered a bit more sporadically than other promotions, existing customer bonus 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 logo square

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.

Get 10 100% Profit Boosts After Your First Real Money Wager of $1
21+ only. New customers only. Must use Promo Code SBODYW.
AZ/CO/IL/IN/IA/KS/KY/LA/ME/MA/MD/MI/ MO/NJ/NY/NC/OH/PA/TN/VA/WV/WY/DC only.
Deposit required (min $1). Must place first real money Qualifying Wager (min $1) within 30 days. Receive ten 100% Profit Boosts to use on any market. Maximum wager for each profit boost is $25. Maximum additional winnings for each rewarded profit boost is $2,500. Profit Boosts expire 14 days after receipt.
See full T&C at Caesars.

Sportsbook Refer-A-Friend Bonuses

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.

Frequently Asked Questions About Sportsbook Sign Up Bonuses

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.

Can I withdraw sportsbook bonus money immediately?

Usually not. Usually you have to fulfill what's called a turnover requirement in order to be able to convert your bonus funds into withdrawable cash.

There are some very rare sign up offers that offer you real cash in your bonus (Sporttrade, for example), but they're the unicorns of sign up offers.

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.

Is there a 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.

You usually cannot claim a sportsbook and casino offer from the same operator. For example, if you claim FanDuel Casino's offer, than claiming the sportsbook's is a no-go. So, think carefully about which one you want to go for before hitting that claim button.

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.

Can I claim bonuses from multiple sportsbooks at the same time?

Yes. You can claim different bonuses from different books at the same time. Players often do this ahead of big events like the Super Bowl, or if they see the chance to turn a profit using an arbitrage betting strategy.

Are sportsbook bonuses worth it, or is there a catch?

Most sportsbook bonuses offer real value. Some operators will, of course, have catches attached to their bonuses, but most are just trying to get you in the door. Our testing process for bonuses is very thorough and tries to map out any pitfalls that a user may have along the way.

Patrick Corkery Profile Image
Patrick Corkery
Editor-in-Chief

Patrick is a lifelong sports fan born and raised in the Philadelphia area, where he grew up attending Phillies, Sixers, and Eagles games. He earned a degree in Sports Management from Temple University and went on to work for multiple professional sports teams. He has over eight years of sports betting experience and five years professionally reviewing online sportsbooks across several legal states.

Patrick has also written for our sister site BettingApps.com.