Best Sportsbook Promotions
We have compiled a list of the very best sportsbook sign-up promotions going on today and how they can benefit you best sportsbook promotions .
Types of Sportsbook Promotions
U.S. sportsbooks offer various types of intro promotions, each working slightly differently. These include “Bet & Get” offers, “Bonus Bets Back” offers (which have largely replaced risk-free bets), first deposit match offers, first bet matches, and (more rarely) no deposit bonuses.
Sign-Up Bonuses
With legal sports betting sweeping the nation, U.S. sportsbooks offer generous bonuses to attract new customers. The benefits for newcomers range from deposit matches to “bet & get” offers to bonus bets back if your first bet loses.
No Deposit Bonus
No deposit bonuses are free money you get on the house merely for signing up with a particular sportsbook. They are hard to find, for obvious reasons. If you find such a bonus, you will probably find it attached to stiff terms and conditions.
Match Deposit Bonus
First deposit match offers give you a certain percentage of your first deposit in bonus bets or site credit. The match rate typically varies between 20% and 100%, but is most often 100%. For example, DraftKings previously offered a deposit match bonus of 20% up to $5,000 ($1,000 in total potential match value).
Risk-Free Bets
Many sportsbooks used to offer sign-up bonuses called risk-free bets. With new regulations, this terminology is banned in most states, so sportsbooks have changed their names. Now, most sportsbooks refer to these as something like “Up to $X back in bonus bets” or “second chance bets.”
Bonus Bets
With “Bet & Get” offers, you typically have to bet a small amount ($5 to $50) and you receive bonus bets up to a certain amount (usually $50 to $250). These are great because you have to deposit and bet much less money to receive the offer.
Refer-A-Friend Bonuses
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.
Reload Bonuses
Sportsbook promos are offered regularly to existing customers to add incentives for bettors to return to their platform and add value to their betting experience. Here, we’ve broken down the top legal online sportsbooks in the US that offer promotions to existing customers.
Existing Customer Promotions
Top Existing Customer Free Bets & Sportsbook Promos. 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.
Odds Boosts
Whether bettors are watching a sportsbook commercial or logging on to a sports betting app, they’ll immediately notice some reference towards an odds boost. For those unfamiliar with this term, it involves the sportsbook shifting odds in the customer’s favor, theoretically.
Free Bets
Tipico matches that deposit with $100 in free bet credits. Not all online sportsbooks are as generous with the match percentages on deposit bonuses. For example, DraftKings Sportsbook offers a 20% deposit match bonus worth up to $1,000.
Contests and Giveaways
Popular deals — match deposit bonus, no deposit bonus, refer a friend bonuses, sportsbook promo code offers, and reload bonus deals — act as the operators’ way of granting players otherwise impossible opportunities to place new types of bets.
Key Factors to Consider
Although size is an important factor when comparing sportsbook sign-up bonuses, you should consider numerous other factors. These include rollover requirements (how much you have to bet before withdrawing winnings), minimum odds, time limits and other restrictions on placing bets, and the sportsbook’s overall rating.
Bonus Size and Match Percentage
Some online sportsbooks also require higher rollover, which can range from 2x to 25x. T&Cs apply. DraftKings is offering one of the best sportsbook bonuses around — a bet $5, get $150 in bonus bets reward (those in IA, IL, LA, MI, NC, NJ, OH, PA, VT, and WY can collect a bet $100, get $300 offer instead if they prefer).
Rollover Requirements
It is necessary to play through the associated rollover requirement and abide by other terms and conditions (mainly odds and market restrictions). Simply sign up, deposit at least $5, and make your first wager of $5 or more.
Minimum Odds
Remember that “risk-free bets” aren’t exactly risk-free because there’s no guarantee that you’ll win anything with the refund. Also, if the refund is issued in bonus bets, you’d have to bet at odds of -100 or longer to turn a profit.
Time Limits and Restrictions
May vary by state. Bonus Bets Expire in 7 Days. One New Customer Offer Only. Addl terms. In all states with legal sports betting, the legal betting age is 21.
Benefits of Sportsbook Promotions
Betting offers, odds boosts, and other sportsbook promos are high-expected-value deals. They can help you maximize your winnings, explore different betting options, and enhance your overall betting experience.
Maximizing Your Winnings
Every bettor dreams of turning $1 into big winnings. Bet365 lands on the list of the best sportsbook sign-up promotions by making that dream a reality. Because turning $1 into $200 is the kind of promotion that just about anyone can get behind.
Exploring Different Betting Options
There are currently 20 sportsbooks available in Arizona ‒ Caesars Sportsbook, FanDuel Sportsbook, DraftKings Sportsbook, BetRivers, BetMGM, Hard Rock Bet, Betway, and Fanatics Sportsbook stand out as the very best sports betting options today.
Enhanced Betting Experience
Explore the top sportsbook promotions exclusively reviewed and validated by our team of betting experts, all tailored for U.S. customers. Discover how leading betting sites pledge to elevate your wagering funds and enhance your overall betting journey.