
A common question in sports betting is: What are the best sportsbook promotions? This is a complex question that goes far beyond picking a single offer and sportsbook.
Here at Ballislife, we’ve created a guide to help you understand the best sportsbook promos and provide insight into what these offers are, the pitfalls players face when trying to redeem them, and the types of promotions available for all major US sports.
Don't miss out on the top sportsbook promo codes below.
Wagering Requirements: | 1x Bonus |
Min. Deposit: | $10 |
Min. Odds: | -500 |
Wagering Requirements: | - |
Min. Deposit: | $5 |
Min. Odds: | - |
Wagering Requirements: | 1x Deposit |
Min. Deposit: | $5 |
Min. Odds: | - |
Wagering Requirements: | 1x Deposit |
Min. Deposit: | - |
Min. Odds: | - |
Wagering Requirements: | - |
Min. Deposit: | 5 |
Min. Odds: | - |
Wagering Requirements: | - |
Min. Deposit: | - |
Min. Odds: | - |
Wagering Requirements: | Only the first placed cash bet will qualify for this promotion |
Min. Deposit: | 5 |
Min. Odds: | - |
Sports betting became possible in May 2018, and since then, dozens of online sportsbooks have been launched throughout the United States. With that, each site has a mission to offer the best sportsbook promotions for new players. These sportsbook promos are designed to create an excellent first impression for new players as they don’t have much to go off of other than learning about these betting offers.
The best sportsbook promotions provide value to players right away and come in many different formats. These can include a sportsbook deposit bonus, no sweat first bets, or bonus bets, but there can also be other sportsbook promos made available.
The value of these sportsbook promos is up to the individual player and can be based on your play style and budget. Not all sportsbooks with a sign-up bonus will attract every player, but each sportsbook bonus hopes to bring in as many new players as possible to capture market share, which can lead to even better promotions down the line for existing players, too.
With that, we’ll discuss the best sportsbook promotions below and create a resource for you to use to identify the best signup bonus for sports betting.
As the new seasons of the NFL and NBA are gearing up, top sportsbooks have special promo offers that users can get started and celebrate with.
These bonuses allow you to place your football and basketball bets and have a great time. But the sweetest part is to begin, you just need to sign up and take a few actions, though not all require the second step.
Once you do, you're open to receiving various offers.
Let's take a look at a couple of the best sportsbook promos below:
BetMGM is one of the sportsbooks that gives you a welcome bonus after you've signed up on their platform.
However, this only works if your first bet loses. If you win, you can walk away with your earnings.
It’s a deal available to all new customers signing up in many states from Virginia to Kentucky and beyond. This means that your first bet at BetMGM could be a total disaster, and then you’d get your stake returned in bonus credit so that you could try again.
Perfect for anyone looking for a little insurance with their NFL and NBA bets.
Similar to many other sportsbooks, BetMGM has a number of promos for their customers. You can stay loaded with their bonuses if you sign up on their platform, plus make the most out of the rewards to cash out big time.
It's exciting that they have many bonuses and keep releasing more for users. And while we love the majority of them, the bonus offer that caught our eye is their ‘Get up to $1,500 Bonus Bets' after wagering $10.
On the other hand, if you win, you can keep your winnings.
To qualify, you must register, deposit $10 and place a bet on any sport. The amount of Bonus Bet you receive will be equivalent to the stake and it's not withdrawable. It is simply another chance to win. So, go for it before it expires in seven days.
Caesars credit bonus is one of our top favorites, as it allows you to get 10 times 100% profit boosts. Entering the sports betting promo code you've acquired, you can make your deposit and place a qualifying wager to enjoy the boost.
This nice offer gives you a good start for the new NFL and NBA seasons.
All you have to do is sign up to Caesars for the first time, then you can kick off from there. Don’t miss out on the offer!
Guess what? No sports betting promo code is required to enjoy DraftKings' welcome offer.
Simply register an account, make a first deposit of at least $5, and place a qualifying wager of $5 on any sport to receive their instant $150 Bonus Bets.
This is a promo that has been on for some time and is coming to an end on March 16, 2025, but you can still make use of the little time left and have a great experience.
That's also because you will receive it whether you win or not. However, make sure you use it within seven days.
Another sportsbook promo that won our hearts is FanDuel's ‘Bet $5, Get $200 Bonus Bet’ offer. This is not just because of the amount of Bonus Bet given, but the conditions.
The rules are simple and straightforward, requiring nothing too difficult from you. Interestingly, you have the freedom to set your bet the way you want, unlike some sportsbooks that impose wagering requirements and limit the markets you can join.
The few notable rules you must follow are the steps to become eligible, and the timeframe it remains valid- it expires after 7 days.
If this isn't a sign to snatch up one of the best betting promotions before it ends April 7, 2025, then we don't know what is.
All you have to do is register on their platform, deposit $5 and place a minimum of $5 bet on the sport of your choice. If you win, they'll give you a $200 Bonus Bet within 72 hours of placing the bet.
Top Online Sportsbooks | Bonus Offer | Key Features | Availability |
---|---|---|---|
DraftKings Sportsbook | Bet $5, Get $150 in bonus bets | Daily promotions for existing players Simple reward program Excellent player props |
AZ, CO, CT, IL, IN, IA, KS, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, WY, D.C. |
BetMGM | Get Up To $$1,500 back if your first bet loses | Easy Parlay page Live streaming Free-to-play games |
AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, NV, NJ, NY, NC, OH, PA, TN, VA, WV, WY, D.C. |
FanDuel Sportsbook | Bet $5, Get $200 in Bonus Bets | Sports Betting 101 Guide ParlayHub Tool FanDuel TV provides sports coverage |
AZ, CO, CT, D.C., IL, IN, IA, KS, KY, LA, MD, MA, MI, CT, NJ, NY, NC, OH, PA, TN, VT, VA, WV, WY |
Top Online Sportsbooks | Bonus Offer | Key Features | Availability |
---|---|---|---|
DraftKings Sportsbook | Bet $5, Get $150 in bonus bets | Daily promotions for existing players Simple reward program Excellent player props |
AZ, CO, CT, IL, IN, IA, KS, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, WY, D.C. |
BetMGM | Get Up To $$1,500 back if your first bet loses | Easy Parlay page Live streaming Free-to-play games |
AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, NV, NJ, NY, NC, OH, PA, TN, VA, WV, WY, D.C. |
FanDuel Sportsbook | Bet $5, Get $200 in Bonus Bets | Sports Betting 101 Guide ParlayHub Tool FanDuel TV provides sports coverage |
AZ, CO, CT, D.C., IL, IN, IA, KS, KY, LA, MD, MA, MI, CT, NJ, NY, NC, OH, PA, TN, VT, VA, WV, WY |
Top Online Sportsbooks | Bonus Offer | Key Features | Availability |
---|---|---|---|
DraftKings Sportsbook | Bet $5, Get $150 in bonus bets | Daily promotions for existing players Simple reward program Excellent player props |
AZ, CO, CT, IL, IN, IA, KS, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VA, WV, WY, D.C. |
BetMGM | Get Up To $$1,500 back if your first bet loses | Easy Parlay page Live streaming Free-to-play games |
AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, NV, NJ, NY, NC, OH, PA, TN, VA, WV, WY, D.C. |
FanDuel Sportsbook | Bet $5, Get $200 in Bonus Bets | Sports Betting 101 Guide ParlayHub Tool FanDuel TV provides sports coverage |
AZ, CO, CT, D.C., IL, IN, IA, KS, KY, LA, MD, MA, MI, CT, NJ, NY, NC, OH, PA, TN, VT, VA, WV, WY |
As a new bettor, you may not know how to discover the best sportsbook promotions. There really aren’t any directories that stay updated with a comprehensive list of the best sportsbook bonus offers. However, that’s where we at Ballislife come in with our promo guide.
As you dive into the best sportsbook promos and offers, it’s worth knowing and understanding their pitfalls. With some bonuses, you may find that there’s more to them than the advertisement states.
For some, you may find that you need to complete wagering requirements or use bonus bets on contests with certain minimum odds.
These restrictions are found in the terms and conditions, and we strongly encourage you to read each one regarding the sportsbook betting bonus you’re interested in.
This is also true for sports betting promo codes—if an offer requires one, make sure you use it, or you’ll be unable to take advantage of the offer.
Also, from a responsible gambling standpoint, sportsbook promos do require real money. We strongly advise that you only wager what you can afford, never chase losses, and set a budget and stick to it.
Regarding expiration dates with even the best sportsbook promotions, there are several types to keep in mind.
First, the general expiration date. Not all sportsbook promo codes last forever. They may last a long time, but especially with New Year's Day coming and going every year, some offers may have ended on December 31.
Next, the site credits you receive may expire, and the time to complete wagering requirements may have an expiration date—more on that below.
Rollovers, also known as wagering requirements, are something to be aware of when deposit bonuses or bonus/site credits become involved. For example, if a welcome offer is a 100% deposit match worth up to $1,000 and you deposit $100, you’d get a $100 bonus.
However, there are rollover requirements to prevent players from withdrawing those bonus funds and never playing again. This range anywhere from 1x to 15x and more, meaning you’ll need to wager actual money before withdrawing the bonus as cold, hard cash.
As mentioned, wagering requirements are something to be aware of, and these can change from offer to offer and sportsbook to sportsbook.
Again, they vary a lot, but let’s continue with the example above for illustration purposes.
If you deposit the $100, you get $100 in bonuses. Now, if the minimum wagering requirements are 10x, you’ll need to wager $1,000 in real money before withdrawing the $100 as cash.
With sports betting odds, any player, novice or veteran, can look at a line of -1000 and acknowledge, “yeah, that team will most likely win; just look at the odds!”
While that's true, you won’t be able to always use bonus funds for the bonus bets you receive on these games.
Some sportsbook promo codes will have minimum odds to prevent players from making a bet with an overwhelmingly massive upside.
For example, it’s not uncommon to see sportsbook promos say “minimum odds of -200 or greater.”
So, if you were to use the bonus funds or bonus bets on something with -201 odds, it wouldn’t count because it wasn’t within the parameters of the terms and conditions.
While an offer may be a blanket statement, there are betting markets to be aware of, including the following:
While a sportsbook may offer something and put plenty of marketing behind it, it doesn’t necessarily mean it's available in your state—always check that out.
Next, some sportsbook promo codes may limit which sports you can bet on. This isn’t as common, but some offers may be limited to “football” or “basketball,” for example.
Lastly, bet types. This is something you’ll often see. You may only be able to use bonus bets or site credits on straight bets or point spreads, but not live bets or parlays.
As mentioned at the beginning of this guide, sportsbook bonuses and welcome offers can come in many different forms. Some types are fairly common—deposit bonuses and bonus bets—but others are out there.
Below, we’ll break down each offer and use examples to illustrate them further.
While these are becoming less prevalent, especially at the top online sportsbooks, deposit bonuses were most common when online sports betting first started.
So, you’d essentially double up on your first deposit. For example, if you deposit $500, you get a $500 bonus.
With these offers come several terms and conditions, including wagering requirements, expiration dates on the amount of time you have to complete the wagering requirements, how long it’ll take to receive the bonus funds, and more.
You’ll receive a 20% deposit bonus of up to $1,000. However, instead of getting the bonus funds right away, you’ll unlock them when you wager cash.
So, if you deposit $100, you’ll get $20 in bonus funds added to a pool that you can draw on in $1 increments per $25 wagered in cash.
Online Sportsbook | Sign Up Bonus | Wagering Requirements | Min Odds | Eligible Betting Markets |
---|---|---|---|---|
DraftKings | Bet $5, get $150 | 1x wagering requirement | No specified minimum odds. | All |
BetMGM | Up to $1500 Bonus Bets | 1x wagering requirement | No specified minimum odds. | All |
FanDuel | Bet $5, get $200 bonus bets | 1x wagering requirement | No specified minimum odds. | All |
Bet365 | Bet $5, Get $150 | 1x wagering requirement | -500 or greater. | All |
BetRivers | Up to $500 Second-Chance Bet | 1x wagering requirement | -200 or longer. | All |
A no deposit bonus is a term used to describe bonus funds received simply for creating an account.
For example, you’ll receive a $20 bonus. While these are more common with online casinos, they’ve been offered in the past at sportsbooks. These typically come with wagering requirements of about 1x.
Free bets often won’t have wagering requirements. Instead, you’ll have terms and conditions involved, such as acceptable bet types and minimum odds.
For example, if you have a free bet of $100 and wager it on something with odds of +100 and win, you’ll only receive the winnings back as opposed to the winnings and the original wager.
To add, if you were to bet $100 in cash on something with +100 odds, you’d get $200 back (the $100 wager plus the $100 in winnings).
Beyond welcome bonuses, sportsbook promos are available for “existing players”—those that already have an account and no longer have access to the welcome offer.
Below, we’ll cover some of the more well-known ones.
We touched on a Bet & Get promo using the DraftKings Sportsbook welcome bonus, but these kinds of offers are also available for existing players. The concept is simple—bet a certain amount of money and receive an amount back.
For example—bet $25 on a live football bet and get $10 in bonus bets.
You’ll often find odd boosts on a daily basis at most sportsbooks. In fact, most platforms have pages dedicated to them. The sportsbook artificially boosts these contests to make them more attractive.
For example, Caesars Sportsbook has a promotion on January 3, 2023, where you can bet on the Washington Wizards, Boston Celtics, and Utah Jazz to all win. The typical odds for this parlay are +603, but Caesars has boosted it to +675.
Referral bonuses involve inviting your friends to play at your favorite online sportsbook. These vary in sign up bonuses, but the process is more or less the same.
Where these offers differ in addition to the amount is how much you need to wager, deposit, and whether you need to complete any wagering requirements.
Reload bonuses are essentially smaller deposit bonuses. These are typically smaller percentage matches and overall monetary upside. An example of this could be a 10% match worth up to $100.
Loyalty and Rewards Programs provide the most dedicated players with exclusive perks and benefits. These programs are designed to reward you heavily, so no doubt they are another way to get more sportsbooks bonuses.
With many of these programs, you may need to perform some activity and use certain points before you can join.
So, don't be surprised if you find out that this program differs from one platform to another. Likewise, you might notice some sites do not even have VIP Programs at all.
See the table below to discover which brands have VIP Programs and which of them do not.
Sportsbook | VIP Program | Details |
---|---|---|
DraftKings | Dynasty Rewards | Earn credits and crowns for exclusive perks. |
BetMGM | MGM Rewards | Get loyalty points and redeem for Bonus Bets, dining and more. |
FanDuel | FanDuel VIP Program | Bet high to receive bonuses and rewards. |
Bet365 | None | |
BetRivers | iRush Rewards | Use points to redeem rewards. |
With the best sports betting bonus offers, some can be sport-specific. While the offers may be similar, the parameters regarding what sports are applicable can differ.
Below, we’ll examine some offers across college and major United States sports.
The NFL is currently in its offseason as all 32 teams prepare for the 2025-26 season. The NFL is the most wagered-on sport in the country, so there’s no telling what kinds of offers we’ll find among these sportsbook bonus offers when the new season comes around.
The NBA has a long regular season of 82 games, and the playoffs feature multiple rounds of up to seven games, headlined by the NBA Finals.
With NBA games available almost daily, NBA betting promos and odds boosts are something you’ll find regularly. You can always go back to the various platforms to check the ongoing promotions.
The most well-known and lucrative bonuses for college basketball will come in line with March Madness starting. This is one of the most entertaining times in sports betting as it comes shortly after the Super Bowl and is a massive tournament featuring 68 teams in a single-elimination tournament.
The college football season is exhilarating because it showcases the NFL stars of tomorrow. This season features a regular season, bowl games, and, for the 12 best teams, a playoff to fight for the national championship.
Multiple offers are available for college football, including Same Game Parlay bonuses. At the time of this writing, there aren’t any National Championship game offers, but as the season and game itself approaches, you can expect odds boosts, free bets, risk-free bets, bonus bets, no sweat first bets and more.
The NHL isn’t a sport as talked about regarding sports betting in the United States, but it’s still one of the “big four” US sports.
The playoffs and Stanley Cup Finals are always thrilling actions, but offers aren’t as common during the regular season.
However, bet365 Sportsbook has an early payout offer in which you’ll receive an immediate payout if your team leads by three goals or more.
Currently, the Spring Training is wrapping up and we're heading fully into the MLB season, so promotions have already begun to roll out.
The regular season for this sport is north of 160 games, and it starts in February with Spring Training and can go into November with the World Series.
Right now, there are plenty of offers available for the MLB, but odds boosts are something you can find on a daily basis, as there’s always an MLB game being played during that stretch.
Finding the best sports betting promotions takes some work. We have provided a resource here to help find the types of offers you tend to be more into, but you’ll also want to check in on the sportsbook and read the terms and conditions.
By following this guide, we hope you better understand the types of offers available and the common mistakes players encounter when trying to interface with them.
Remember, online sportsbooks have a duty to offer you the most value to capture your attention—find it, identify it, take advantage, and win some money.
There is a huge variety of promos available right now, and it really depends on your preferences. To find out about the offers out there in more detail, check our guides.
The best place to find these codes is here at Ballislife. You can also check at the sportsbook you’re thinking of using. Many of them, including FanDuel, offer clear codes alongside their sports betting offers.
The best first deposit bonus on offer right now is the first bet offer at BetMGM. Make a deposit, place your first bet, and if it loses, BetMGM pays it back to you in bonus bets to the value of your lost wager. Check out our guides for more details.
Read the terms for the bonus first. These tell you about any playthrough requirements to claim any bonus funds that are involved. Note any time limits too. Check the latest matches you can bet on to maximize your chances.
A no deposit bonus is usually given in exchange for signing up to a sportsbook. You provide your details to open the account, and the sportsbook provides a bonus without asking for a deposit. If you're interested in finding out more about how these and other bonuses work, our reviews are a great place to start.
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