Sportsbook promos are a critical part of the selection process. So, I have made it my duty to find you some suitable bonuses that not only look the part, but also tick all the right boxes.
I begin with an explainer on why sportsbook promotions are so important, before breaking down the most common types and the associated terms. Then, it is time to shine a light on this month’s very best sportsbook promos.
Top betting promotions
Terms and conditions to consider before taking advantage of sports betting promos
Now, you have a better understanding of the different types of bonuses available, it makes perfect sense to cover the key terms you are likely to encounter. Remember that these will vary from site to site, and bonus to bonus, and will become key to establishing whether you have found a suitable sportsbook promo.
| Bonus terms | Explainer/Conditions that must be met |
|---|---|
| Bonus code | Enter a specific alphanumeric code to claim a sportsbook bonus |
| Wagering requirements | Wager your bonus a set number of times before it is deemed part of your cash balance |
| Expiration period | You must meet the demands of the wagering requirements within a set timeframe |
| Eligible markets | The markets that you can bet on that will contribute towards the wagering requirements |
| Capped winnings | The maximum amount you can win from this specific bonus |
| Minimum odds requirement | The minimum odds you can place while still contributing towards the bonus requirements |
Where to find this month’s best sportsbook promotions
Hopefully, you now feel confident with the types of betting promotions you will encounter and the potential terms associated with them. Now, I want to ensure that you know exactly where to find this month’s very best sportsbook promos.
BetMGM: Dive into the complete bonus experience at this top sportsbook
Taking a deserved second is BetMGM. This online sportsbook allows you to get the experience off to a flying start with a 20% deposit match bonus of up to $1,500. The daily Lion’s Boost will see the day’s most popular fixture boosted, and you’ll also come across plenty of odds boosts, same game parlays, and bet-builders to choose from. Bet and Get promos are tied to major-league events, and you can earn Tier Credits and Reward Credits through the MGM Rewards program.
bet365: Choose between two top offers as a new recruit
Next in line, I have bet365. Although you won’t find yourself working your way through a dedicated rewards or VIP program, you can claim sportsbook promos at just about every turn. This all begins at the welcome stage, where I found that you can choose between a Bet $5 and Get $200 bonus and a $1,000 first-bet bonus. Throughout, you’ll find that early payouts, bore draw returns, and parlay profit boosts are regularly available. Plus, I found seasonal deposit match offers leading up to bigger events.
Caesars: Make use of the latest bonus code to double any winnings from your first 20 bets online
Claiming fourth is Caesars. This online sportsbook is packed with promotions, including daily profit boosts, parlay first-bet offers, and seasonal promotions aimed at bigger sporting events, like the Stanley Cup and Super Bowl. Caesars is also home to the prestigious Caesars Rewards program, where you could soon find yourself exchanging your tier or reward credits for real-world prizes. Of course, this is all without talking about the latest new customer offer. Based on our latest review, this is a little different from most – once you’ve entered the Caesars sportsbook promo code, you’ll find your first 20 bets have the potential to win double.
FanDuel: Release the VIP experience without contributing to a VIP program
Our penultimate pick is FanDuel. This top sportsbook allows you to get things started with $300 bonus bets after successfully placing a $5 wager. I also found that you won’t be expected to use a Fanduel sportsbook promo code to claim this one, but that doesn’t mean you won’t need to keep your eyes peeled down the line. You also won’t directly contribute towards a VIP program; however, you will be treated like a VIP with a range of impressive promotions. This includes first-bet offers, additional profit boosts, and Same Game Parlay (SGP) boosts. I was also impressed with the volume of seasonal promos aimed at in-season NFL, NBA, and NHL games.
Fanatics: Build up your FanCash and exchange it for some top prizes
This month’s final pick is Fanatics. This impressive online sportsbook takes a unique approach to sportsbook promos by utilizing its very own FanCash. As a new recruit, you can soon claim $100 in FanCash after placing a qualifying bet of just $10. Then, from here, you will find that each bet rewards you with up to 10% back in the form of FanCash. Throughout, I found event-specific odds boosts, seasonal FanCashback, and a range of rotating offers that provide you with bonus bets. Of course, once you hit certain milestones, all of this FanCash can soon be exchanged for more bonus bets, odds boosts, or merch.
Is it worth finding the best sportsbook promotions?
Although sportsbook promos don’t provide you with guaranteed ways to boost your bankroll, you will find that they can significantly add to the sports betting experience. Sure, there is the potential for you to play through them and walk away with winnings, but they offer much more besides.
For starters, they open the door to greater opportunities. Take the 100% deposit match, for example. With this bonus, you can effectively double your betting power. Additionally, you can use all types of bonus bets to test the waters of new strategies or even sports, provided the terms allow.
The very best sportsbooks will ensure that you can keep claiming promotions throughout your time online, too. This is exactly why I keep our reviews on sportsbook promo codes for Fanatics, FanDuel, and everywhere in between regularly updated.
- Available to new and existing bettors
- Unlock bonus bets for use on eligible markets
- Can play through requirements and win real money
- No guarantees
How do sportsbook promos work?
As you can see, a competitive sportsbook’s promos open the doors to plenty of positives, but that doesn’t mean that each and every bonus is going to suit you. In this section, I discuss the differences between the main types of sportsbook promotions you are likely to encounter.
Deposit Match Bonus
The deposit match bonus is arguably the most common sportsbook promo you will come across. With the deposit match, you will be expected to make a qualifying deposit before getting your hands on bonus bets up to a certain value.
Let’s use a 100% match of up to $200 as an example. With this one, you could deposit up to $200 and receive up to $200 back in bonus bets. This bonus effectively doubles your betting potential, but your bonus bets will come with playthrough requirements attached.
Bet and Get
Another aptly named sportsbook promo is the Bet and Get offer. With this one, you will be expected to bet a set amount before receiving a number of bonus bets. Simple enough, right?
To put this into context, let us use a Bet $10, Get $30 bonus as an example. Here, as soon as your $10 bet has resulted, you’ll find $30 in bonus bets released into your account. Again, you can expect that terms must be met.
First Bet Bonus
The first-bet bonus may come under various names; however, the concept remains. With this, you’ll add a type of security blanket to your initial wager, allowing you to claim your first bet back (in the shape of bonus bets) if it falls short of the mark.
For this example, let us use a 100% first-bet bonus of up to $25. Should your first bet of up to $25 lose, you’ll find bonus bets are returned and ready to play through.
Odds Boost
The odds boost tends to be an ongoing promotion that is applied to singles or parlays. You may find that the size of this boost increases with every additional selection, and is often capped at 100% for a 20-fold.
Game Predictors
Match predictors add a fun (and free) promotional element to your betting experience. The idea is simple enough, requiring you to predict the outcome of five or six matches and wait for the results to come flooding in.
Those of you who make the most correct picks will score the most points and land yourself on the leaderboard. Prizes will then be dished out to the winners.
Early Payout
The early payout promotion is usually focused on sports like soccer and hockey, requiring your chosen team to go ahead by a certain number of goals or points for it to be considered a winner. Should your team go ahead, but draw or end up losing, you’ll still leave with a winning bet.
Bore Draw
As a sports fan (and bettor), you never want to see a boring 0-0 draw. Any top sportsbook is with you on this one and will return your initial stake if this is the case. Bear in mind that this is only available on certain fixtures, and your stake will often be returned as a bonus bet.
No-Deposit Bonus
Without ever needing to part with your cash, you can claim a sportsbook promo at some top online betting sites. As you would expect, the size of these offers is often far smaller, and requirements may be more specific. However, I think this is fair – after all, you are receiving free bonus bets to play with.
Rewards Program
Although this has often been associated with online casino gaming, top sportsbooks are now ensuring that deposits and sports bets contribute towards your position within the rewards program. As you work up through the tiers, you will find additional rewards presented to you. This can come in the shape of bonus bets, odds boosts, and even your own account manager.
Make the most of the reviews to find the best sportsbook promotions around
Sportsbook promos certainly aren’t difficult to come across, but that doesn’t mean everything that glitters is gold. Fortunately, I know a thing or two about finding the very best betting offers and have been busy building reviews of all that I have found.
I suggest starting your search with BetMGM, FanDuel, Caesars, Fanatics, and bet365, as all offer fantastic bonuses throughout your time online. That said, armed with your newfound knowledge, you should feel pretty confident with the makings of a top bonus, and, ultimately, you know what is going to suit your own style. Enjoy, and always remember to pay attention to the fine print.
Get off to a great start with these betting bonuses
Sportsbook promos FAQ
Can you win real money using a football betting promotion?
You can win money from any betting bonus; however, it is important to understand that there are no guarantees. Of course, offers like the latest BetMGM sportsbook promo have inclusive limits and fair wagering requirements, making them a better pick. However, winnings are not set in stone.
Do all sportsbooks provide you with betting bonuses?
Almost. Based on my recent reviews of the best sportsbooks, you will find that most offer you a promo to help get you started. I have done my best to cover the most impressive offers in my latest reviews.
Where is the best place to find the best sportsbook promotions?
The appeal of certain sportsbook promos will differ from bettor to bettor; however, I can safely say that BetMGM, bet365, Caesars, FanDuel, and Fanatics have done their best to offer something for everyone.
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