Pickswise

Best Sportsbook Promotions and Bonuses

With so many sportsbooks currently operating in the sports betting market, it can be hard to know which are the best sportsbook promotions available. At Pickswise, we have made it our goal to rate and review each sportsbook bonus and come up with a list of the top ones available for new users. In this article, we will provide instructions on how to claim the best sportsbook promos from a number of sportsbooks, including the top sportsbook apps.

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Best Promos Today

18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading is risky. 100% loss can occur. See polymarket.com/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated exchange and clearing organization.

Trading involves risk, including total loss on positions. Content is promotional and not a recommendation to trade. Promotion issued by affiliate. Terms apply. Must be 18+ (19+ in AL, NE; 19+ in CO for some games; 21+ in AZ, MA, and VA) and present in a state where Underdog Fantasy operates. Terms apply. See assets.underdogfantasy.com/web/PlayandGetTerms_DFS_.html for details. Offer not valid in MD, MI,NY, OH, and PA. Concerned with your play? Call 1-800-GAMBLER or visit www.ncpgambling.org; NY: Call the 24/7 HOPEline at 1-877-8-HOPENY or Text HOPENY (467369)

Minimum $10 deposit required. Minimum odds -500 of greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply. GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET (AZ, CO, IL, IN, KS, KY, LA, MD, MI, MO, NC, NJ, OH, PA, TN, VA) or 1-800-BETS OFF (IA). 21+ only. Please gamble responsibly. Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/MI/MO/NC/NJ/OH/PA/TN/VA.

New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, OH, PA, TN, VA, VT, WV, or WY (excl. NY). 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 FanCash each day for your first 7 days. Must opt in each day to claim FanCash. FanCash issued in connection with this Promotion expires 24 hours from issuance. Terms, including FanCash terms apply-see Fanatics Sportsbook app.

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ D.C., KY, WY) and present in select states (for KS, in affiliation with Kansas Star Casino). Must apply select token on a losing bet each day. Bonus bets are nonwithdrawable and expire 7 days after receipt. Tokens are received in increments of 1 per day. Restrictions apply. See terms at sportsbook.fanduel.com. Call 1-877-770-7867 (LA).

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). 21+ 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. $200 issued as non-withdrawable Bonus Bets. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 21 days. Bonus Bets and click-to-claims expire 7 days (168hrs) after issuance. Terms: sportsbook.draftkings.com/promos. Ends 9/20/26 at 11:59 PM ET. Sponsored by DK.

DISCLAIMER: EDGE Boost deposit accounts are held at Cross River Bank, Member FDIC, insured up to $250,000. The EDGE Boost Visa® Debit Card is issued by Cross River Bank pursuant to a license from Visa U.S.A. Inc. EDGE is not a bank and is not FDIC-insured. The $100 deposit match is a promotional credit issued by Edge Markets; match funds are no-withdrawable, have no cash value, and expire 60 days after issuance. Real-time transfers available for eligible account tiers; new accounts are subject to initial hold periods. See Terms of Service and Cardholder Agreement at EdgeBoost bet.

This promotion is available to new Bracco customers only. Customers must be 18 years of age or older (or the legal age of majority in their jurisdiction) to participate. This offer is limited to one promotion per person, household, IP address, and payment method.

Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ D.C., KY, WY) and present in select states (for KS, in affiliation with Kansas Star Casino). Must apply select token on a losing bet each day. Bonus bets are nonwithdrawable and expire 7 days after receipt. Tokens are received in increments of 1 per day. Restrictions apply. See terms at sportsbook.fanduel.com. Call 1-877-770-7867 (LA).

🏆 Best Sportsbook Promos

Within this section, we will get into the specifics of each sportsbook sign-up bonus. We will provide an outline of the welcome packages offered by each sportsbook and provide the reasons that make them compelling options.

Fanatics Sportsbook Promo: Get a 10 x $100 FanCash Bet Match

The first sportsbook we’ll cover when it comes to the best sportsbook promos is Fanatics Sportsbook. New customers who sign up for an account at Fanatics Sportsbook can earn up to $1,000 in FanCash over their first 10 days.

  • Must be 21+ years of age
  • Minimum deposit: $5
  • New customers only
  • Must be physically located in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Missouri, New Jersey, Ohio, Pennsylvania, Vermont, Virginia, Washington DC, West Virginia or Wyoming
  • Place your first wager up to $100
  • Your first bet will be matched up to $100
  • Users can repeat this for your first 10 days on the app
  • FanCash awarded from this promotion expires seven days after issuance at 11:59 pm ET
  • FanCash can be utilized as bonus bets or at the Fanatics Online Store
  • Qualifying wager must have -500 odds or longer
  • FanCash will be awarded within 72 hours after your qualifying wager settles
  • As long as you sign up with Fanatics through a link in this article, no Fanatics Sportsbook promo code will be necessary.
  • So, what are you waiting for? 👉🏼 Click here 👈🏼 to join Fanatics Sportsbook today.

bet365 Promo: Bet $10, Get $365 in Bonus Bets WIn Or Lose

Another one of the best sportsbook promotions comes from bet365 Sportsbook. New bet365 customers can claim $365 in bonus bets from just a $10 first bet. Place a first bet of $10 or more, and regardless of whether it wins or loses, you get $365 in bonus bets.

  • 21+ and new customers only
  • A minimum $10 deposit is required
  • First bet must be $10 or more to qualify
  • Qualifying wager must contain at least one selection of -500 odds or greater
  • $365 bonus is paid in bonus bets after your first bet settles
  • Bonus bets are excluded from returns
  • Place your qualifying bets and allow them to settle in order to release your bonus bets. To use them simply select "Use Bonus Bets" in the bet slip
  • Available in Arizona, Colorado, Indiana, Iowa, Kansas, Kentucky, Louisiana, Missouri, North Carolina, New Jersey, Ohio, Pennsylvania, Tennessee and Virginia
  • Users located in New Jersey and Pennsylvania will also receive 50 Casinos Spins for bet365 Casino
  • Use promo code PWEVG365 if you're located in CO, NJ and VA
  • Use promo code PWEVG if you're located in AZ, IA, IN, KS, KY, LA, MO, NC, OH, PA and TN
  • Offer available in app only
  • Minimum $10 deposit required. Minimum odds -500 of greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.

If you want to join one of the best sportsbooks in the US, ☀️ Click here ☀️ to join the bet365 community today, but don’t forget to use the bet365 bonus code PWEVG365.

Caesars Promo: Bet $1, Double Your Winnings for Your Next 10 Wagers

Next up on our list of best sportsbook promotions is an offer courtesy of Caesars Sportsbook. New users registering an account with Caesars can double their winnings for their first 10 days.

  • 21+
  • New users only
  • Make a real money wager on any event within 30 days of registering.
  • Your first wager must have odds of -500 or longer (e.g. -400 qualifies; -750 does not).
  • First bet after registration must qualify
  • Bet $1 on any event to receive a 2x profit boost (up to $25)
  • You'll be eligible for a 2x boost for your first 10 days (up to $250 total boost)
  • First bets placed using Reward Credits, Bonus Bets, Bonus Cash, Profit Boosts, or any other bonus funds do not qualify
  • Super Boosts or Round Robin bets do not qualify
  • Bonus bet stake no returned for winning bets
  • Promo code EVGSBKDYW is required by Caesars to claim this offer
  • Must be physically present in: AZ, CO, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NJ, NY, NC, OH, PA, TN, VA, DC, WV and WY

To sign up for a new account with Caesars right now ➡️ click here ⬅️ using the Caesars Sportsbook EVGSBKDYW

FanDuel Promo: Get $350 in Bonus Bets Guaranteed

With FanDuel Sportsbook's latest sportsbook bonus,To claim, new users need to register, make a first-time deposit of $5 or more, and then simply place their first real-money wager of $5 for seven straight days. You'll get $350 total in bonus bets over that time.

  • Valid 1 per new customer.
  • First deposit must be $5+
  • Place your first bet of $5+ for the first seven days
  • Each day, you'll get $50 in Bonus Bets, up to $350 total over seven days
  • No odds restrictions on the qualifying wager
  • Must be 21+ unless otherwise stated
  • Must be physically located in one of the following states: Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Missouri, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, Washington DC, West Virginia or Wyoming
  • No odds requirement for your qualifying wager
  • No FanDuel promo code is required

To sign up for a new account with FanDuel right now, 🔥 click here 🔥.

DraftKings Promo: Bet $5, Get $200 in Bonus Bets Instantly

By claiming the DraftKings Sportsbook new-user promo,New members who sign up for an account with DraftKings Sportsbook will receive $200 in bonus bets after placing a $5 bet! There are no odds restrictions tied to your qualifying wager, and you'll receive EIGHT $25 bonus bets instantly after it settles! You don't even need a DraftKings promo code. After signing up for a new account and depositing $5+, place a bet of $5 or more on any betting market and secure a $200 welcome boost.

  • New users only who are 21+ (18+ in KY)
  • Minimum Qualifying Deposit: $5
  • Minimum Qualifying First Bet: $5
  • Qualifying bet can be on any market (no odds requirement), and you will receive $200 in bonus bets whether it wins or loses
  • Your first placed wager after registration will be your qualifying wager
  • Must be physically located in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WY or WV
  • Bonus bets issued as FOUR $25 bet credits
  • No DraftKings promo code is required if you sign up using one of our links
  • Place a qualifying wager during the offer period
  • Bonus bets are single-use, non-cashable, non-withdrawable, and must be wagered 1x before any resulting cash winnings can be withdrawn, and stake is not included in winnings.
  • Bonus bets will be paid out within 24 hours of bet settlement
  • Bonus bets valid for seven days. For the avoidance of doubt, the seven day completion period is measured as 168 hours from the time the bonus bets are placed in the customer’s sportsbook account. Failure to use the bonus bets will void the award.
  • Full Terms: sportsbook.draftkings.com/promos

To sign up for a new account with DraftKings right now, ⚡️ click here ⚡️.

BetMGM Promo: Get a $50 BetMGM Reward Points Bonus + up to $1500 Back if You Don't Win

The next sportsbook promo code is offered by BetMGM Sportsbook.Register a new BetMGM account and place a first bet of at least $10 and up to $1,500. If your bet loses, you'll be refunded with bonus bets equal to your qualifying wager! You'll also get a $50 BetMGM rewards points bonus.

  • Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.

To sign up for a new account with BetMGM right now, ⭐️ click here ⭐️, and utilize the BetMGM bonus code PWEVGPC.

🔢 How We Rank the Best Sportsbook Bonuses

In this section, we will explain the details of our review process. We used several criteria to arrive at our list of best sportsbook promotions, as highlighted below.

💰 Overall Bonus

One of the primary factors during our evaluation is simply the overall size of the sportsbook deposit bonus. For instance, how much value could the promo be worth. As seen above, some of the best sportsbook promo codes provide upwards of $1,000 in potential value.

📊 Available Markets

Another factor we considered is the number of available markets at each of the sportsbooks. All five of our best sportsbook promos can be applied to a huge variety of betting markets. On top of that, almost all of the markets are available to bet on using any bonus bets you may receive as part of the sportsbook new-user promos.

📜 Wagering Requirements

How much you must invest in the sportsbook promotions was also considered during our review. As seen in the section in which we highlighted each promo, the minimum deposit and wager requirements are very small. For some of the promotions, you only need to deposit and bet $5.

💲 Ease of Claiming the Sportsbook Promotions

Valuable promotions are great, but what good are they if they are confusing and/or difficult to sign up for? All of our best sportsbook promo codes are incredibly easy to sign up for. Not only that, but they are also available for a wide variety of customers.

🔥 How to Claim Your Sportsbook Promo Code

To claim any of our best sportsbook promo codes, follow our step-by-step guide below. Even though each sportsbook may have slight differences in the process, they generally follow the same general steps:

  1. Review the list of key terms and conditions to ensure you are eligible for the sign-up bonus
  2. Sign up to that sportsbook
  3. Select a market for your first bet
  4. Confirm that you fulfill all the eligibility criteria for the promotion
  5. Once your first bet settles, you will have claimed the applicable reward

As long as you follow these steps, you will be on your way to beginning your sports betting experience.

🤔 How to Use Your Sportsbook Promo Codes

Once you have gone through the steps above, it’s likely you will have some bonus bets available to use for your next bet. To use those, simply follow the steps below.

  1. Add a selection to your bet slip
  2. Instead of using cash, click on an available bonus bet to populate the stake
  3. Submit the bet

That’s all there is to it! Just be sure to take note of the validity period of the bonus bets, as depending on the sportsbook, bonus bets expire at different points.

👥 Sportsbook Offers for Existing Customers

While our best sportsbook promotions discussed in this article are only available to new customers, there are several other types of promotions available for existing sportsbook customers. We’ve explained a few of them below.

⚡️ Odds Boosts

Odds boosts are amazing offers that are available to existing sportsbook customers, usually on a daily basis. With odds boosts, you can earn higher payouts from parlays. For example, a parlay may have odds of +500, but with an odds boost, you may receive +650 odds for the same bet.

💵 Rewards at Physical Sportsbooks

Some of the sportsbooks listed among our best sportsbook promotions have brick-and-mortar sportsbooks in addition to offering online sports betting. Existing customers have the ability to earn rewards that could be used for hotel stays at those locations.

💸 Referral Bonuses

Many sportsbooks offer referral bonuses to current customers. If you love betting with a particular sportsbook, tell your friends and family about it. If they sign up and make a deposit, you will typically receive bonus bets and/or casino credits for referring them.