10 x $100 Bet Matches in FanCash
Best Sportsbook Rewards Programs
Our team of experts breaks down and ranks all the top betting loyalty programs in the US to help you get the most out of your betting!
Written by Lewis Parker
Contributor
Fact checked by Patrick Corkery
Editor-in-Chief
Last Updated Mar 5, 2026
Sportsbook reward programs have become a major part of modern betting platforms. These loyalty systems give bettors points, credits, and other perks for their wagering activity.
As you continue to bet, you collect points that can be redeemed for a variety of rewards, including site credits, bonus bets, hotel stays, merchandise, or even live experiences like event tickets.
These programs allow users to accumulate rewards when placing wagers on sports events, casino games, or other activities within the sportsbook ecosystem.
Unlike betting sign up bonuses, which are typically one-time offers for new customers, loyalty programs reward ongoing betting activity over the lifetime of your account.
21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
| Welcome Bonus | Pros & Cons | Earn Rate Per $1 | |||||||
|---|---|---|---|---|---|---|---|---|---|
#1  Fanatics Sportsbook
4.5/5 | Pros & Cons
Highest Earn Rate & Reward Value
Best Program for Casual Bettors
Can Redeem for Sport Jerseys, Merch, & Collectibles | Earn Rate Per $1
1-10% |
Get up to $1,000 in FanCash Over Your First 10 Days on Fanatics Sportsbook 21+. New customers in AZ/CO/CT/IL/IN/IA/KS/KY/LA/MA/MD/ MI/MO/NC/NJ/OH/PA/TN/VT/VA/WV/WY/DC only. Different offer available in other NY. 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. See full Promo Terms and FanCash terms in the Fanatics Sportsbook app. | ||||||
#2  Caesars Sportsbook
4.4/5 |
First Bet Match up to $250 | Pros & Cons
Most far reaching rewards Program
Get free hotel stays, dining, live shows, & more
Earn points both online & at Caesars resorts
Higher tiers offers tons of luxury perks | Earn Rate Per $1
0.1 - 0.2% |
Win or Lose, Get Your First Bet Matched up t0 $250 as a Bonus Bet 21+ only. New customers only. Must use Promo Code SBO250BM. 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 $10). Must place first real money Qualifying Wager (min $1) within 30 days of opening account. Receive a non-withdrawable bonus bet worth 100% of your bet's value up to $250 (eg, a $300 qualifying wager results in a $250 bonus bet). Minimum odds of -500 on qualifying wager. Bonus Bet expires 30 days after receipt. See full T&C at Caesars. | |||||
#3  DraftKings Sportsbook
4.4/5 |
Bet $5, Get $200 in Bonus Bets If Your Bet Wins | Pros & Cons
Earn & use rewards across all DK products
Exchange Crowns for site credits, contest entries, exclusive items, & experiences
Get Milestone Rewards as you climb tiers
Will match your status with other betting sites | Earn Rate Per $1
0.09 - 0.18% |
Bet $5 and Get $200 in Bonus Bets if Your Bet Wins 21+ and present in most states (18+ in DC/KY/NH/WY). Must select Token BEFORE placing min. $5 bet to get max. $200 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bonus Bets expire in 7 days (168 hours) and stake is removed from payout. Full T&C apply, visit DraftKings Sportsbook for more details.GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). | |||||
#4  BetRivers
3.7/5 |
2nd Chance Bet up to $500 | Pros & Cons
Redeem Bonus Points for Bonus Cash, Wheel Spins, Profit Boosts, & more
Unlock Exclusive VIP Calendar with amazing promos | Earn Rate Per $1
0.12 - 2.5% |
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. | |||||
#5  Hard Rock Bet
3.9/5 |
10x 100% Profit Boosts | Pros & Cons
Gain larger Reward Point Multipliers every tier
Exchange RPs for Bonus Bets, Cash, Mystery Spins, Teslas
Higher tiers offer Overdrive Boosts & tier specific promos | Earn Rate Per $1
0.04 - 0.75% |
Get 10x 100% Profit Boost Tokens up to $50 per bet Must be 21 and physically present in AZ, FL, IL, IN, NJ, OH, TN or VA to play. Terms and conditions apply. Concerned about gambling? In FL, call 1-888-ADMIT-IT. In AZ, call 1-800-NEXT-STEP or text NEXTSTEP to 53342. In IN, if you or someone you know has a gambling problem and wants help, call 1-800-9-WITH-IT. GAMBLING PROBLEM? CALL 1-800-GAMBLER (IL, NJ, OH, TN, VA) Sign up for Hard Rock Bet Sportsbook and receive ten 100% Profit Boost tokens, each valid on a cash wager up to $50. Profit Boosts apply to winnings only and must be manually applied in the bet slip. Boosts can be used on any available market, excluding boosted bets and round robins. Early Cash Out voids eligibility. Profit Boosts expire 7 days after issuance. Winnings paid as cash. See full T&C at Hard Rock Bet. | |||||
Latest Sportsbook Promotions
What to Look for in a Sportsbook Rewards Program
While your first instinct might be to choose a program based on the types of prizes you want to earn, there are many other factors you will want to keep in mind when choosing the best loyalty program for you:
Earn Rate and Point Value
When choosing a sportsbook rewards program, it’s essential to consider how quickly you can earn points and how much those points are worth.
Earn rate measures how much value you get back for each dollar wagered in a rewards program. Instead of looking at points earned, we calculate how much those points are worth in actual dollars, making it easier for you to compare value between programs.
Different sportsbooks have varying earn rates, and the amount of points you earn can also typically vary by activity or bet type. For example, most sportsbooks offer more points for activities like parlays or higher-risk bets, than they do for straight bets.
Additionally, be sure to check the conversion rate which is how many points it takes to redeem $1 in rewards. Some programs offer much better value than others, so it's crucial to know what your points are worth and whether the rewards align with your betting habits.our points.
Earning Ease and Variety
A good rewards program should offer a clear and easy way to earn points or credits. Look for programs that provide rewards for a wide range of betting activities, not just wagers with high odds.
Some programs offer points based on all types of betting, including parlays, straight bets, and even non-wagering activities like logging in or participating in promotions. The more flexible and generous the earning system, the better your chances of accumulating rewards quickly.
Redemption Flexibility
A crucial factor to consider is for what you can redeem your points or credits.
Some programs offer only bonus bets or site credits for the sportsbook, while others provide a broader array of rewards, including merchandise, hotel stays, live experiences, contest entries, and more.
Make sure the program you choose offers rewards you’re interested in and provides the flexibility you need to cash them, whether you want to use them for online betting, in retail locations, or for purchases through the extended rewards network.
Tiered Benefits and Progression
If you plan to bet regularly, look for programs that feature a tiered structure. As you move up the ranks, you should unlock enhanced benefits such as faster point accumulation, exclusive promotions, or access to VIP experiences.
Make sure you understand how quickly you can move through these tiers, how much money you need to bet to do so, and whether the rewards increase significantly enough to make the climb worthwhile.
Online vs. Retail Rewards
Depending on your preferences, you may want to find a rewards program that integrates both your online betting as well as your activity in the sportsbook/casino retail locations.
If you are a bettor who routinely enjoys going to Vegas or Atlantic City to bet, you will probably want a Crossover program that allows you accumulate and redeem rewards on both fronts, letting you enjoy real-world perks like room and meal comps for your action.
Expiration Policies
Always check the fine print regarding the expiration of points or credits.
Some programs allow you to accumulate rewards over time without expiration, while others may have rules that require you to use your points within a certain time frame.
If you’re a casual bettor, a rewards program with no expiration on points will provide more flexibility, whereas high-rollers may not be as affected by shorter expiration windows.
Top Sportsbook Loyalty Reward Programs Ranked and Dissected
We've carefully examined every detail of the top sportsbook rewards programs available in the US, breaking it down by what we believe truly matters to bettors.
Below is our carefully ranked list of the betting loyalty programs. We’ve included the main things you need to know about each program, including the earn rate for each dollar you spend, how to earn rewards, where to spend them, and more.
Fanatics SportsbookFanCash Rewards
10 x $100 Bet Matches in FanCash
| 🇺🇸 Legal US States | AZ, CO, CT, IL, IN, IA, KS, KY, LA, MD, MA, MI, MO, NJ, NY, NC, OH, PA, TN, VT, VA, WV, WY, and DC |
| 🎁 Type of Rewards Program | Points-Based |
| 💵 Reward Currency | FanCash |
| 📈 Reward Currency Value | $1 FanCash = $1 |
| 💰 Earn Rewards on | Fanatics Sportsbook, Fanatics Casino, Shopping at Fanatics Online Stores |
| 🔄 Earn Rate (Cashback % in Dollars) | Sportsbook: 0.01-10% (depending on bet type) Casino: 0.05% - 0.2% (depending on game type) Ecommerce: 3% on every purchase |
| 💸 Redeem Rewards for | Bonus Bets (Sportsbook), Authentic Sports Merch, Collectibles, Trading Cards, Memorabilia (Fanatics Ecommerce Sites) |
| 🏆 Number of Tier Levels | - |
| 🖥️ Website | https://sportsbook.fanatics.com/ |
Fanatics Sportsbook FanCash Program is our choice for the #1 Sportsbook Rewards Program in America.
Is it because we're absolute geeks about jerseys, hats, and other gear? Partially, yes, but the truth is the value is just there for anyone to see.
While programs like Caesars Rewards and Hard Rock Bet Loyalty may be more all-encompassing than Fanatics, the earn rate and value of FanCash is on average 10-1000x that of their competitors, making it a true no brainer for those looking for the most bang for their buck.
Our favorite thing about FanCash Rewards, however, is that since the program does not have tier levels, you don't need to be a high roller to take advantage of their phenomenal rewards.
We think this program is best suited for casual players and sports fans who want to be able to take full advantage of the Fanatics ecosystem.
Earning FanCash with Fanatics Sportsbook
| Odds Range | Percentage of FanCash Earned |
|---|---|
| -110 or shorter | Between .01% and 1% of amount bet |
| Between -105 and +600 | Between 1% and 3% of amount bet |
| Between +610 and +2100 | Between 3% and 6% of amount bet |
| Between +2200 and +4600 | Between 6% and 9% of amount bet |
| Between +4750 and +6000 or longer | Between 9% and 10% of amount bet |
Get up to $1,000 in FanCash Over Your First 10 Days on Fanatics Sportsbook
21+. New customers in AZ/CO/CT/IL/IN/IA/KS/KY/LA/MA/MD/ MI/MO/NC/NJ/OH/PA/TN/VT/VA/WV/WY/DC only. Different offer available in other NY.
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.
See full Promo Terms and FanCash terms in the Fanatics Sportsbook app.
21+. New customers in AZ/CO/CT/IL/IN/IA/KS/KY/LA/MA/MD/ MI/MO/NC/NJ/OH/PA/TN/VT/VA/WV/WY/DC only. Different offer available in other NY.
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.
See full Promo Terms and FanCash terms in the Fanatics Sportsbook app.
Caesars Rewards
First Bet Match up to $250
| 🇺🇸 Legal US States | AZ, 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 |
| 🎁 Type of Rewards Program | Crossover Rewards Program, Tiered VIP |
| 💵 Reward Currency | Caesars Rewards Credits |
| 📈 Reward Currency Value | 100 Rewards Credits = $1 |
| 💰 Earn Rewards on |
Sportsbook, Online Casino, Racebook, Poker on WSOP Activities within Caesars Ecosystem (Casino, Hotel, Dining, Shopping, etc), Referring Friends, Caesars Rewards Visa |
|
🔄 Earn Rate (Cashback % in Dollars) |
Sportsbook: 0.1 - 0.2% (depending on bet type) Casino: 0.04 - 0.2% (depending on game type) Racebook: 0.3% Others (Hotel, Dining, Spa, etc): 1% |
| 💸 Redeem Rewards for | Cash Bonuses (Sportsbook), Casino Credits, Hotel Stays, Dining, Shopping, WSOP entries, Live Entertainment, Car Rentals, etc |
| 🏆 Number of Tier Levels | 6 |
| 🖥️ Website | https://caesars.com/sportsbook-and-casino |
Easily the most famous reward program on this list, the Caesars Rewards Loyalty Program is the most expansive and complete sportsbook rewards program in the US.
A huge crossover rewards program that extends to the entire Caesars Entertainment properties, Caesars Rewards allows you to earn both Reward Credits and Tier Credits - at the same rate - for every interaction within the Caesars ecosystem.
The best part? Just like you can earn points with all of Caesars properties, you can exchange your Reward Credits for cash bonuses, hotel stays, comped meals, live shows, and more. As you climb their Tier Levels, you will comped trips, gifts and discounts on Caesars properties.
Caesars Rewards is definitely an ideal program for the committed bettor, who is in it for the long haul and is looking to focus all their action in one sportsbook. If you like to visit Caesars properties across the country, this program allows you to rack up points in a multitude of ways, giving you plenty of chances to move ahead and claim some truly amazing rewards.
Tier Level | Tier Credits |
Rewards Unlocked |
Gold | 0 - 4,999 |
- $5 bonus bet during birthday month - Free or discounted hotel stays - One free night in Atlantic City, Lake Tahoe, Las Vegas, Laughlin, or Reno for every 5,000 Tier Credits earned - Exclusive pre-sale access for select shows - Discount rate at Atlantis Paradise Island in Bahamas |
Platinum | 5,000 - 14,999 |
- $10 monthly bonus bet - $10 bonus bet during birthday month - Gift up to 5,000 Reward Credits to a friend - 15% discount at casino gift shops - Free valet & self-parking at many destinations - 10% discounts on select Norwegian Cruise Line vacations |
Diamond | 15,000 - 24,999 |
- $20 monthly bonus bet - $20 bonus bet during birthday month - $100 Celebration Dinner / $50 with Uber Eats - Two free nights at Caesars Palace Dubai - 15% off best available rate on rooms and suites - 20% discount at casino gift shops - No resort fees on any hotel stay - Access to VIP Reservations Hotline - Comped stay at Atlantis Paradise Island in Bahamas - 20% discount on select Norwegian Cruise Line vacations |
Diamond Plus | 25,000 - 74,999 |
- $30 monthly bonus bet - $30 bonus bet during birthday month - Free access to VIP Laurel Lounges |
Diamond Elite | 75,000 - 149,999 |
- $75 monthly bonus bet - $75 bonus bet during birthday month - $600 airfare credit to Las Vegas |
Seven Stars | 150,000+ (Invitation Only) |
- $150 monthly bonus bet on Caesars Sportsbook - $150 bonus bet during birthday month - $500 Celebration Dinner / $250 with Uber Eats - Upgrade to best available room at check-in - Free early check-in / Free late check-out - 25% discount at casino gift shops - Companion card to share Seven Star status - Celebration trip with Norwegian Cruise Line - 15% discount on eCatalog purchases - Annual Retreat to a Caesars destination with $1,200 airfare and $500 folio credit / or 50k Reward Credits. |
How to Earn Credits on Caesars
-
Betting on Caesars Sportsbook:
- Straight Bets: Earn up to 10 Reward Credits and 10 Tier Credits for every $100 wagered
- Parlay Bets: Earn up to 20 Reward Credits and 20 Tier Credits for every $100 wagered -
Horse betting on Caesars Racebook:
- Earn 1 Reward Credit and 1 Tier Credit for every $3 you wager on horses -
Playing on Caesars Casinos (Land Based or Online):
- Earn Reward Credits and Tier Credits for every real-money bet on casino games at Caesars Sportsbook or Caesars Palace Online Casino.
- The earn rate varies depending on the types of casino game:- Slots: 1 TC and 1 RC per $5 wagered
- Video Poker & Bingo: 1 TC and 1 RC per $10 wagered
- Table Games: 1 TC and 1 RC per $25 wagered
-
Playing Poker with WSOP:
- Play real-money ring games and tournaments at WSOP Online and receive both Reward Credits and Tier Credits
- Earn 2 Tier Credits per dollar paid in tournament and rake fees -
Other Activities within Caesars Ecosystem:
- Hotel Stays, Dining at Caesars properties, Shopping with preferred partners, Spa treatments, Golf, etc
- Earn 1 Reward Credit and 1 Tier Credit for every $1 spent -
Referring friends to Caesars Sportsbook:
- Get 5000 Reward Credits for each successful referral to Caesars Sportsbook -
Using a Caesars Rewards Visa Signature Card:
- Make purchases using your Caesars Rewards Visa & get additional Reward Credits
- Earn 5 RCs for every $1 spent on Caesars resorts, 2 RCs for restaurants, travel, & entertainment, and 1 RC for everything else.
Win or Lose, Get Your First Bet Matched up t0 $250 as a Bonus Bet
21+ only. New customers only. Must use Promo Code SBO250BM.
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 $10). Must place first real money Qualifying Wager (min $1) within 30 days of opening account. Receive a non-withdrawable bonus bet worth 100% of your bet's value up to $250 (eg, a $300 qualifying wager results in a $250 bonus bet). Minimum odds of -500 on qualifying wager. Bonus Bet expires 30 days after receipt.
See full T&C at Caesars.
21+ only. New customers only. Must use Promo Code SBO250BM.
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 $10). Must place first real money Qualifying Wager (min $1) within 30 days of opening account. Receive a non-withdrawable bonus bet worth 100% of your bet's value up to $250 (eg, a $300 qualifying wager results in a $250 bonus bet). Minimum odds of -500 on qualifying wager. Bonus Bet expires 30 days after receipt.
See full T&C at Caesars.
DraftKings Dynasty Rewards
Bet $5, Get $200 in Bonus Bets If Your Bet Wins
| 🇺🇸 Legal US States | AZ, 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 |
| 🎁 Type of Rewards Program | Online Only, Tiered VIP |
| 💵 Reward Currency | Crowns |
| 📈 Reward Currency Value | 550 Crowns = $1 |
| 💰 Earn Rewards on | All of DraftKings Products (Sportsbook, Casino, DK Horse, DFS, Pick 6) + Golden Nugget Online Casino |
| 🔄 Earn Rate (Cashback % in Dollars) | Sportsbook: 0.09 - 0.18% (depending on bet type) Casino: 0.02 - 0.09% (depending on game type) DK Horse: 0.24% DFS: 0.18% Pick 6: 0.18% |
| 💸 Redeem Rewards for | Cash Bonus (Sportsbook), Casino Credits, DFS entries, Merch, Exclusive items & Experiences |
| 🏆 Number of Tier Levels | 5 |
| 🖥️ Website | sportsbook.draftkings.com |
A highly versatile and robust rewards system that spans the entire DraftKings ecosystem, the DraftKings Dynasty Rewards Program allows you to earn Crowns and Tier Credits for almost every action on the platform, whether it’s through their sportsbook, casino, daily fantasy sports (DFS), racebook, or Pick 6.
Crowns, the program's main currency, can be redeemed for a wide array of rewards, including DK Dollars (usable as site credits), DFS contest entries, & casino credits, as well as exchanged for exclusive experiences, luxury items, and merch in the Dynasty Rewards Store.
Meanwhile, Tier Credits will help you climb the Dynasty Rewards ladder, unlocking increasingly valuable perks like VIP service, faster Crown earning rates, and access to special promotions.
The Dynasty Rewards program is ideal for flexible players who like to mix up their betting action across different gaming products. If you're the kind of bettor that enjoys having a wide range of online betting options, this program ensures you’re rewarded across the board.
The best part is Crowns never expire, so you can stockpile them for years on end until you have enough for a top prize.
| Rewards Unlocked by Tier | Bronze 0 Tier Credits | Silver 5,000 Tier Credits | Gold 25,000 Tier Credits | Diamond 90,000 Tier Credits | Onyx 175,000 Tier Credits |
| Earn Crowns & Tier Credits for your play | ✅ | ✅ | ✅ | ✅ | ✅ |
| Redeem Crowns for Site Credits & in Dynasty Store | ✅ | ✅ | ✅ | ✅ | ✅ |
| Access to Promos across DraftKings & Golden Nugget Online Casino | ✅ | ✅ | ✅ | ✅ | ✅ |
| Rollover Tier Credits |
| Up to 500 Tier | Up to 4,000 Tier | Up to 15,000 Tier | Up to 25,000 Tier |
| Choose your own Crown Boost Days each month |
| Four 2X Days/mo | Four 3X Days/mo | Five 3X Days/mo | Five 4X Days/mo |
| Tier Credit Milestone Rewards |
| ✅ | ✅ | ✅ | ✅ |
| Tier-Exclusive Contests and Promotions |
| ✅ | ✅ | ✅ | ✅ |
| Priority Customer Support |
|
| ✅ | ✅ | ✅ |
| 24/7 Chat Support Access |
|
|
| ✅ | ✅ |
| Invitation to Dynasty Signature Sweepstakes |
|
|
| ✅ | ✅ |
| Access to Exclusive Live Experiences |
|
|
| ✅ | ✅ |
| Consideration for VIP Host |
|
|
| ✅ | ✅ |
| Diamond Annual Gift |
|
|
| ✅ |
|
| Onyx Elite Reward |
|
|
|
| ✅ |
Bet $5 and Get $200 in Bonus Bets if Your Bet Wins
21+ and present in most states (18+ in DC/KY/NH/WY). Must select Token BEFORE placing min. $5 bet to get max. $200 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bonus Bets expire in 7 days (168 hours) and stake is removed from payout.
Full T&C apply, visit DraftKings Sportsbook for more details.GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR).
21+ and present in most states (18+ in DC/KY/NH/WY). Must select Token BEFORE placing min. $5 bet to get max. $200 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bonus Bets expire in 7 days (168 hours) and stake is removed from payout.
Full T&C apply, visit DraftKings Sportsbook for more details.GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR).
How do Sportsbook Reward Programs Work?
Sportsbook reward programs operate by allowing you to earn a set amount of points, credits, or tokens based on your betting activity across their different products - sportsbook, casino, racebook, etc. Each time you place a bet, whether it’s on a single game, a parlay, or even props and futures, you accumulate rewards proportional to the amount wagered.
These points can then be redeemed for perks like bonus bets, site credits, or even non-monetary rewards such as exclusive merchandise or experiences.
Many betting reward programs also feature a tiered system, where you will also collect Tier Credits for your action. These Tier Credits have no cash value and cannot be redeemed, but will help you climb up in status within the tier system, unlocking all sorts of perks and rewards in the process.
As you move up the tiers, the benefits increase, often including faster point accumulation, priority customer service, free gifts, and access to special promotions.
Types of Sportsbook Reward Programs
There are many different ways in which you can classify a betting rewards program, based on the different conditions and characteristics it is built on.
Below are the most common ways to classify loyalty programs offered by sportsbooks, with many programs checking several boxes:
- Points-Based Rewards Programs – Earn points based on your betting activity, which can be redeemed for a variety of rewards.
- Tiered VIP Programs – Earn credits that help improve your status, unlocking increased benefits, prizes, and enhanced earning potential.
- Online-Only Programs – VIP programs where all rewards can only be earned and redeemed online.
Points-Based Rewards Programs
Points-based rewards programs are the most straightforward type of sportsbook loyalty system. Bettors earn points based on their level of betting activity, typically calculated by the amount of money wagered. The more you bet, the more points you earn, which can then be redeemed for various rewards such as bonus bets, site credits, or even physical items like gift cards or merchandise.
Most Points-based sportsbook programs offer a set number of points for every dollar wagered - usually divided by either bet type or by odds. These points can then be converted into site credits, bonus bets, or used to purchase items and rewards, with a set number of points translating to a specific dollar value.
FanCash Rewards Program
Featured Points-Based Rewards Program
Thanks to its high earn rate and $1 FanCash to $1 convertion price, Fanatics FanCash Rewards is our top choice for a Points-Based Rewards Sportsbook Program.
Allowing you to cash in your FanCash Rewards in a huge amount of official NFL, NBA, MLB, NHL stores, as well as individual team stores, Fanatics loyalty program gives sports fans tons of value for their bets.
However, if you're mostly in it for the betting, there is no other loyalty program that will have you racking up as many bonus bets as FanCash Rewards.
Get up to $1,000 in FanCash Over Your First 10 Days on Fanatics Sportsbook
21+. New customers in AZ/CO/CT/IL/IN/IA/KS/KY/LA/MA/MD/ MI/MO/NC/NJ/OH/PA/TN/VT/VA/WV/WY/DC only. Different offer available in other NY.
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.
See full Promo Terms and FanCash terms in the Fanatics Sportsbook app.
21+. New customers in AZ/CO/CT/IL/IN/IA/KS/KY/LA/MA/MD/ MI/MO/NC/NJ/OH/PA/TN/VT/VA/WV/WY/DC only. Different offer available in other NY.
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.
See full Promo Terms and FanCash terms in the Fanatics Sportsbook app.
Tiered VIP Programs
Tiered VIP programs take loyalty to the next level by incorporating a system where bettors can earn Tier Credits that allow them to advance through different tiers. As you accumulate more credits, you move up in status, unlocking more significant benefits such as faster point accumulation, exclusive promotions, priority customer support, and even personalized VIP experiences.
Each tier offers increased earning power and access to higher-end perks, rewarding players not just for large bets, but for consistent and loyal participation. These programs are designed to incentivize players to keep engaging with the sportsbook, providing escalating rewards the higher you climb.
Caesars Rewards
Featured VIP Rewards Program
When it comes to tiered programs, there are many great options out there, including Hard Rock Bet Loyalty Rewards and BetRiver's iRush Rewards. However, We think Caesars Rewards deserves a special shoutout.
As you advance tiers on Caesars Rewards, the rewards become very impressive, including benefits like free hotel stays, dinners, and even airfare credits without needing to spend any Rewards Credits.
For instance, reaching Diamond Elite and Seven Stars status unlocks perks like complimentary airfare to Las Vegas, VIP lounges, waived resort fees, and exclusive access to high-end events, providing top-tier value for high rollers.
Win or Lose, Get Your First Bet Matched up t0 $250 as a Bonus Bet
21+ only. New customers only. Must use Promo Code SBO250BM.
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 $10). Must place first real money Qualifying Wager (min $1) within 30 days of opening account. Receive a non-withdrawable bonus bet worth 100% of your bet's value up to $250 (eg, a $300 qualifying wager results in a $250 bonus bet). Minimum odds of -500 on qualifying wager. Bonus Bet expires 30 days after receipt.
See full T&C at Caesars.
21+ only. New customers only. Must use Promo Code SBO250BM.
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 $10). Must place first real money Qualifying Wager (min $1) within 30 days of opening account. Receive a non-withdrawable bonus bet worth 100% of your bet's value up to $250 (eg, a $300 qualifying wager results in a $250 bonus bet). Minimum odds of -500 on qualifying wager. Bonus Bet expires 30 days after receipt.
See full T&C at Caesars.
Online-Only Reward Programs
Online-only VIP programs are loyalty systems where all the rewards can be earned and redeemed exclusively through the betting site's online platforms. In these programs, you can accumulate points, credits, or other rewards solely through your online betting activity, making them particularly appealing for those who focus mostly on mobile and online gambling.
Online only programs offer rewards and special promotions that are unique to online users, and in many cases include other products offered by the platform, such as online casino, horse betting, contests, etc.
DraftKings Dynasty Rewards
Featured Online-Only Rewards Program
The most widely available betting site in the nation, DraftKings has managed to build an empire when it comes to online sports betting and contests.
Apart from their hugely popular Sportsbook and DFS platforms, they also offer online casino, DK Horse, DraftKings Predictions, and Pick 6, all of which will help you accumulate DK Crowns (the program's versatile currency) and Tier Credits, which help you climb up in status to receive great rewards.
Bet $5 and Get $200 in Bonus Bets if Your Bet Wins
21+ and present in most states (18+ in DC/KY/NH/WY). Must select Token BEFORE placing min. $5 bet to get max. $200 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bonus Bets expire in 7 days (168 hours) and stake is removed from payout.
Full T&C apply, visit DraftKings Sportsbook for more details.GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR).
21+ and present in most states (18+ in DC/KY/NH/WY). Must select Token BEFORE placing min. $5 bet to get max. $200 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bonus Bets expire in 7 days (168 hours) and stake is removed from payout.
Full T&C apply, visit DraftKings Sportsbook for more details.GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR).
Sportsbook Reward Programs FAQ
How do sportsbook loyalty programs work, and how do I earn points?
Sportsbook reward programs allow you to earn points or credits based on your betting activity.
Each time you place a bet, you accumulate points according to the program’s earn rate, which varies by bet type and sportsbook.
The more you bet, the more points you earn, and these points can later be redeemed for rewards like bonus bets, site credits, or even merchandise and experiences.
Are sportsbook reward programs free to join?
Yes, sportsbook reward programs are completely free to join.
As soon as you create an account and start betting, you’re automatically enrolled in most programs. There’s no need to pay or subscribe—just start placing bets, and you'll begin earning rewards.
What kinds of rewards can I redeem my points for?
Most sportsbooks allow you to redeem your points for bonus bets, site credits, or entry into special promotions.
Some programs also offer physical rewards, like gift cards, event tickets, or exclusive merchandise. Higher-tier loyalty programs might even offer VIP experiences or personal account management services.
You can check out our breakdown of each betting rewards program above to see the specific offerings of each program.
Do my points or tier status expire if I stop betting for a while?
It depends on the program. In most cases, your points won’t expire for a long time, but some sportsbooks may have policies where points expire after a period of inactivity (like six or twelve months).
Tier status will usually reset annually or on a rolling basis, so it’s important to stay active if you want to maintain your rewards level. Always check the fine print to know the specific expiration policies.
Can I earn points on all types of bets, or are some excluded from the program?
Most bets will earn you points, but the rate may differ depending on the type of bet.
For example, parlays often earn points faster than straight bets, and in some cases, bets with odds lower than a certain value may not qualify for points at all.
Make sure to always check the sportsbook’s terms to see if any bet types are excluded from earning points.
Lewis Parker
Contributor
Getting his start in the sports betting world at the ripe old age of 18, Lewis has been working in the betting industry in different capacities for almost 20 years. What started off as a job to pay for college quickly became a lifelong passion that would take Lewis to work in Costa Rica, Vegas, Malta, Sweden, and now back to the US.
While his career as a professional gambler has yet to take off, Lewis is known around the office for his deep knowledge of just about everything betting related, and has a knack for finding and exploiting the best betting promos and reward programs online.
