Top Sportsbook Promos: Best Sportsbook Promo Codes & Bonuses For 2024

Last Updated: Apr 19, 2024
|
Fact Checked By: Anthony Cervino

Unlocking the potential for a thriving online sports betting journey starts with activating the best sportsbook promo codes. By joining leading sports betting sites such as BetMGM, Caesars Sportsbook, Bet365, FanDuel Sportsbook, and DraftKings Sportsbook, new users can secure generous welcome offers, showering them with thousands in bonus bets upon registration and their inaugural wager. 

Highlighted below are our top-rated sports betting promos, meticulously vetted by our seasoned RotoWire sports betting team. Use the links on this page to sign up with the best sportsbook promo codes so you can bet and win big with bonus bets today. 

Best Sportsbook Promo Codes And Bonuses April 2024

🎁 BetMGM Sportsbook BonusROTOBONUS - $1,500 First Bet Offer
🎁 Caesars Sportsbook BonusROTO1000 - $1,000 First Bet On Caesars
🎁 ESPN BET Sportsbook BonusROTO - Bet $10, Get $150 In Bonus Bets
🎁 Bet365 Sportsbook BonusROTOWIRE - $1,000 First Bet Safety Net
🎁 FanDuel Sportsbook BonusBet $5, Get $150 In Bonus Bets  
🎁 BetRivers Sportsbook BonusSPORTS - 2nd Chance Bet, Up To $500
🎁 DraftKings Sportsbook BonusBet $5, Get $200 In Bonus Bets Instantly
📆 Last VerifiedApril 19, 2024

Sign up today using these sportsbook promo codes for the best sportsbooks to take advantage of the thousands of dollars in bonus funds available in your state.

There are dozens of legal online sportsbooks, and most offer compelling sign-up bonuses to gain your attention. These sports betting promotions offer new users bonus funds to start wagering with, simply by signing up with the available sportsbook promo codes.

Online sports betting sites must also work hard to prevent you from switching to a rival sportsbook. That inspires them to offer all customers a range of ongoing promos, including odds boosts, parlay bonuses, and loyalty programs. 

This guide focuses on the top offers in the sportsbook promo codes market. We will analyze the best promo codes, instruct you on claiming them, clarify the concept of rollover requirements, and assist you in maximizing the value of the online sportsbook bonuses you receive.

Top Sports Betting Promo Codes And Bonuses

Best Sports Betting Promos

We've selected eight online sportsbooks that provide the best sign-up bonuses and ongoing promotions in the business. They also happen to be eight of the most widely available sports betting sites in the country, so millions of Americans can benefit from these sportsbook promo codes today.

Caesars Sportsbook

The Caesars Sportsbook promo code ROTO1000 provides new customers with a first bet on Caesars, up to $1,000. You will also receive 1,000 Caesars Rewards Credits and 1,000 Tier Credits for the loyalty program as part of the welcome package. To claim this bonus, click the link on this page, sign up for an account, make a deposit, and place a bet worth $10 or more on any sporting event.

If your first bet wins, you keep the money. If it loses, you get your money back as a bonus-bet token, up to a maximum of $1,000. That makes it the largest sign-up bonus on the market at the moment. The bonus bets have a 1x rollover requirement, and you must use it all in one go, rather than dividing it up into smaller bets. Any profits you secure will go into your account balance.

Other Promotions at Caesars Sportsbook

Caesars Sportsbook offers more odds boosts each day than any other sportsbook. You will also find a range of additional sports betting promotions, which can be redeemed by existing customers on a recurring basis. They include profit boosts, a referral bonus, bet and get deals, and prize draws. Visit the Caesars Sportsbook "Promotions" section to see which offers are available each week.

BetMGM Sportsbook

The BetMGM bonus code ROTOBONUS entitles you to a first bet offer, worth up to $1,500. You can sign up and place a minimum $10 bet on any sport and BetMGM will provide you with up to $1,500 in bonus bets if the first bet loses. The bonus funds will have a 1x rollover requirement.

Other Promotions at BetMGM

The odds boosts at BetMGM are called "Lion's Boosts." You will find them on the biggest sporting events of the week. It also provides one game parlay insurance, whereby you get your stake back if you miss one leg. The "Parlay Plus" bonus boosts payouts by up to 40% on winning parlays. You can also secure bet credits as a reward for placing certain wagers  -- often referred to as bet and get deals -- and it runs a referral bonus too, so you will find a comprehensive array of ongoing sportsbook bonuses at BetMGM.

BetRivers Sportsbook

BetRivers offers new customers a 2nd Chance Bet, worth up to $500, with the BetRivers bonus code SPORTS. You just need to place a qualifying first bet, and if your bet settles as a loss, you get the money back as a bet credit, matching your initial wager, up to a maximum of $500.

This bet credit has just a 1x rollover requirement. You need to hit minimum odds of -200 when using the bet credit, but you can wager on any sport. You can claim as many sportsbook promo code bonuses as you'd like, so feel free to use the BetRivers welcome offer along with those from other top sportsbooks as well.

Other Promotions at BetRivers

BetRivers provides a very impressive array of recurring sportsbook promos. You will be offered plenty of profit boost tokens each week -- a 20% NFL boost, a 20% soccer boost, a 20% tennis boost, and so on. It also provides odds boosts, bet credit deals, and contests, such as the $500,000 NFL Same Game Parlay tournament.

ESPN BET Sportsbook

ESPN BET, one of the latest additions to the sportsbook scene, is gaining favor among bettors. Its rising popularity can be attributed to competitive promotions, a user-friendly interface, responsive customer service, and swift payouts. ESPN BET presents lucrative opportunities, particularly through its impressive welcome promotion. New users who sign up and fund their accounts today using the ESPN BET promo code ROTO can seize $150 in bonus bets with a first bet of $10. 

Other Promotions At ESPN Bet

ESPN BET has a slew of terrific ongoing bonuses and promos that both new and existing users can take advantage of daily. All you need to do is visit the betting app's promotions page to find out the best offers of the day. 

Bet365 Sportsbook

New users can register with the Bet365 promo code to get a $1,000 First Bet Safety Net welcome offer. If your first bet loses, you get up to $1,000 in bonus bets. 

Other Promotions at Bet365

There are various similar promotions each week. Be sure to check out the Bet365 promotions page so you do not miss out on these terrific ongoing bonuses and promos. You will find offers covering all of the major sports betting markets and events, including Super Bow, the World Series, the World Cup, and more. 

FanDuel Sportsbook

The FanDuel Sportsbook promo code offers new customers a chance to get $150 in bonus bets when they bet $5. 

For this promotion with the FanDuel promo code offer, you must make a first deposit of at least $10. You must also make a first bet of $5 or more. Then you get $150 in bonus bets no matter the outcome of the first bet. 

FanDuel regularly runs short-term alternative sign-up bonuses to the No Sweat First Bet offer. For example, at the start of the NFL season, it ran a Bet $5, Get $200 in guaranteed bonus bets deal. These are some of the best sportsbook promo offers on the market, so it's always worth looking out for them. We will let readers know if similar sportsbook promo codes appear in the future.

Other Promotions on FanDuel

FanDuel offers existing customers a No Sweat same-game parlay bet each week on Thursday Night Football. There is a similar promotion for MLB bettors too. It runs free-to-play contests, such as the $1,000,000 Hi-Lo NFL tournament and the Swing For The Greens golf contest, along with sport-specific promos like Dinger Tuesdays for MLB fans. There is also a referral bonus, along with a variety of odds boosts each day.

DraftKings Sportsbook

The DraftKings Sportsbook promo code offer for new customers is bet $5, get $200 in bonus bets welcome offer. Simply sign up and place a first bet, up to $1,000. If the first bet loses, you get up to $1,000 in bonus bets. 

DraftKings Sportsbook regularly provides very appealing short-term sportsbook bonuses for new users just like this bet-and-get offer. The $200 in bonus bets are awarded instantly following the settlement of your initial $5 wager, split into six $25 bonus bets, each with a 1x rollover requirement. 

Other Promotions on DraftKings

DraftKings Sportsbook runs daily free-to-play pools. You can make a series of predictions on a sports event, and the players with lots of correct answers rise to the top of the leaderboard. Hundreds of players earn bet credits as prizes in each contest. There is also a referral bonus, and it runs early payout specials on some NFL games.

Hard Rock Bet

Since its 2019 launch in New Jersey, Hard Rock Bet has swiftly become a top online sports betting platform. Under Hard Rock Digital's helm, it's gained a devoted following for its competitive odds and the No Regret First Bet for up to $100 with the Hard Rock Bet promo code. The current code offers new users a $100 No Regret First Bet. Sign up, make a qualifying deposit and first bet, and if your initial bet loses, you'll receive bonus bets, equal to your stake, up to $100.


Other Promotions At Hard Rock Bet:

You will receive a broad array of additional promos at Hard Rock Bet. These include bet boosts as well as other exclusive ongoing bonuses and promos like same-game parlay boosts. Visit the Hard Rock Bet promotions page so you don't miss out on any of these generous offers you can take advantage of every day. 

Our View:

Each of these sportsbooks offers exclusive welcome bonuses for new customers, which typically involve matched bets or refunds if the initial bet loses. Several offer reward credits, loyalty points, and bonus bets up to a certain limit, with some even providing refunds for unsuccessful first bets. Aside from these introductory offers, these sportsbooks also offer recurring promotions for existing customers such as odds boosts, profit boosts, referral bonuses, bet-and-get deals, contests, parlay insurances, free-to-play contests, and early payout specials. Thus, they all present a range of attractive options for both new and experienced sports bettors.

Why Do Sportsbooks Offer Promo Codes?

Lots of ambitious online sportsbooks are competing for your business. Each sports betting site therefore needs to offer you a compelling incentive to choose it ahead of its many rivals. Sharp betting lines and value-added features help, but most online sportsbooks invest in eye-catching welcome bonuses as their primary means of standing out from the crowd.

They must then offer a reason for you to remain loyal to the brand rather than migrate to a rival online sportsbook. That inspires them to offer ongoing promotions, such as loyalty programs, giveaways, parlay bonuses and profit boost tokens.

It is worth noting that most online sportsbooks in the United States are currently operating at a loss due to the vast sums they are investing in welcome bonuses. The aim right now is to build up their customer bases, so profitability has taken a backseat. That means you can benefit from some seriously attractive sports betting promotions.

Sportsbooks offer promo codes throughout the year, but the activity really ramps up around major sporting events, so look out for large sportsbook promo code offers when the Super Bowl, March Madness, and the NBA Finals are on.

States Set To Launch Online Sports Betting

Kentucky is the next state slated to launch sports betting. Governor Andy Beshear recently signed House Bill 551 into law, legalizing sports betting in the Bluegrass State. This new law allows for both in-person and online sports betting, providing exciting opportunities for Kentucky residents and visitors alike. The law will take effect on June 28, 2023, ushering in a new era for sports betting in Kentucky. Stay ahead of the game and sign up for the best Kentucky sportsbook promos for bonus bets to use on launch day.

The following Kentucky sportsbooks are expected to go live on Kentucky sports betting launch day. 

Types of Sports Betting Promos

These are the main types of sports betting promotions that you will be offered at online sportsbooks:

First Bet Offers New user bonus, refund on first lost bet. Wager $10, get refunded if it loses.
Deposit Match Bonus Sportsbook matches first deposit as bonus funds. Deposit $250, receive $250 bonus credit.
Referral Bonuses Receive credit for referred friends who deposit. Friend signs up using your referral code and deposits.
Odds Boosts Boosted odds offered as welcome bonus. Place bet at boosted odds, winnings paid as site credit.

First Bet Offers

Many online sportsbooks will give you first bet offers when you register for an account. You normally need to wager at least $10 to qualify. The sportsbook will allow you to place a bet on any sporting event. If your wager wins, you keep the money and move on. If it loses, the sportsbook will give you a refund, matching the amount of your initial wager.

The refund is sometimes paid in cash, but it typically takes the form of bonus credit. You must then play the bonus credit through once, and any winnings you earn will be paid as cash into your general account balance. This is one of the most common sportsbook promotions.

Deposit Match Bonus

Some online sports betting sites offer to match a percentage of your first deposit with bonus funds. For example, BetRivers has offered a 100% deposit match welcome bonus worth up to $250. If you deposit $250 of your own money, you would receive $250 in bet credit. If and when a sportsbook promo code like this comes back, we will be sure to update this sportsbook promo code guide with the details.

You can normally divide the bet credit up into increments of your choosing, rather than using it all on a single wager. Any winnings you earn from wagers placed with the bonus credit will normally be paid as cash. Just make sure you check the rollover requirement attached to an online betting deposit bonus. Most only require a 1x playthrough, but some sportsbooks make you roll the funds over several times before cashing out. 

Referral Bonuses

A referral bonus rewards you with site credit if you encourage your friends to sign up with your online sportsbook. You can ask for a unique referral code and send it to a friend. Your friend can paste that code into the designated box when signing up. When your friend makes a minimum first deposit, you will both be issued bonus bets.

Odds Boosts

Several online sportsbooks offer boosted odds on major sporting events as a short-term welcome bonus. For example, an NFL team might be priced at -150 to win a game, but the sportsbook will allow you to bet $5 at boosted odds of +4000 (40-to-1) on that team if you sign up for an account. Winnings will normally be paid out in site credit, which you must then play through once before cashing out.

Many sportsbooks also provide daily odds boosts for existing customers. Those odds boosts are far more modest, and they usually apply to parlays, props, and same game parlays. For example, you might be able to bet on the Brooklyn Nets to beat the Atlanta Hawks and Kevin Durant to score more than 28.5 points, boosted from +125 to +140. All winnings will be paid in cash. Caesars Sportsbook is the best sportsbook for odds boosts.

Betting Bonuses And Promo Codes By Sport

You can use sportsbook promo codes on many different sports and leagues. That could include niche table tennis or volleyball tournaments, but most bettors stick to the major leagues when using the best sportsbook bonus codes.

NFL Promo Codes

First bet offers and deposit match bonuses can be used on NFL games. Most NFL sportsbooks launch lavish odds boosts during the season too, such as the Bet $5, Win $280 football betting promo codes that DraftKings Sportsbook and FanDuel Sportsbook provided for Super Bowl 56. BetMGM is a great option for NFL fans as well, as it allows you to specify your favorite team, and it then sends you tailored sportsbook promos for that team throughout the year. You can also take part in free-to-enter sportsbook contests offering six-figure or seven-figure prize pools at many of the top sportsbooks.

NBA Promo Codes

Online sportsbooks typically offer more than 100 betting options on each NBA game, giving you lots of options to use up your bonus credits. Caesars Sportsbook offers some of the best sports betting promotions for NBA fans. For example, it was recently giving away NBA jerseys to bettors that spent $100 or more on basketball bets on NBA betting sites.

MLB Promo Codes

MLB is one of the most popular leagues among sports bettors. You can wager on a huge volume of games each year, and sportsbooks tend to make very slim margins on baseball. Any sports betting promo codes aimed at new customers, such as deposit match offers and bonus bets, can be used on MLB games. Sites such as FanDuel Sportsbook also offer appealing MLB promotions for existing customers, such as the Dinger Tuesday's bonus offer. 

NHL Promo Codes

Some sites offer sportsbook promo codes specifically aimed at NHL fans. For example, BetRivers offers a 20% profit boost on live NHL wagers for all customers. Any welcome bonus funds can also be used on NHL games, and you will find regular NHL odds boosts at many sportsbooks.

College Sports Promo Codes

College sports betting laws vary on a state-by-state basis. Many states forbid prop bets on college games, while some prohibit wagering on games featuring teams based in the state. However, most states allow some form of college sports betting, and you can find various bonuses for NCAAF and NCAAB games. The biggest event is March Madness. During this event, some of the best sportsbook promo codes reward players for making correct bracket predictions. You can also wager at the best college football betting sites on markets such as the Heisman Trophy.

How Do Sportsbook Promo Codes Work?

When engaging with sportsbook promo codes, the standard procedure involves making a deposit and initiating a qualifying wager. Following this, you'll gain access to bonus funds, which are subject to specific wagering requirements before becoming eligible for withdrawal. These crucial guidelines are meticulously outlined in the terms and conditions associated with sports betting promotions.

Curious about whether sports betting promo codes can be redeemed more than once? While sign-up promo codes are typically for one-time use, ongoing promotions cater to existing customers with various enticing deals. This includes an assortment of offers such as first bets, parlay incentives, odds boosts, and appealing bet-and-get arrangements. These rewards add an extra layer of excitement to your sports betting journey.

These are the main sportsbook sign-up bonus terms to look out for:

Minimum Deposits 

You generally need to make a minimum deposit to qualify for sportsbook promo codes. It varies from one site to the next. For example, the minimum deposit at DraftKings Sportsbook is just $5, whereas you must make a minimum deposit of $20 to qualify for sign-up bonuses at Caesars Sportsbook.

Rollover Requirement 

This is one of the most important factors to consider when assessing the best sportsbook bonus codes. It tells you how many times you need to play the bonus funds through before cashing out. For example, if you receive $100 in bonus funds and there is a 1x rollover requirement, you only need to place $100 worth of wagers before withdrawing. However, if there is a 3x rollover requirement on the online sportsbook promo code, you would need to place $300 worth of wagers before any winnings would become eligible for withdrawal.

Minimum Odds

There may be a minimum odds requirement on sign-up bonuses and additional sportsbook bonuses. It may be applied to your qualifying wager, or the bonus funds you unlock, or both. For example, you may need to place a qualifying wager at odds of -125 or greater to earn the bonus funds. You may also find a minimum odds requirement on those bonus funds.

Date of Expiration 

Any funds you receive from online betting promo codes will come with an expiration date. For example, it could be 14 days or 30 days. If you do not complete the wagering requirements in that time, the bonus funds will be forfeited and removed from your account.

Cash Out

The cash out option allows you to exit an open wager before the game or wager has finished or settled. That allows you to lock in a guaranteed profit if you fear the team you bet on will fall apart and squander its lead. Most sportsbook promos stipulate that you cannot cash out bets placed with bonus funds when completing rollover requirements. When all the rollover requirements attached to the best sportsbook promo codes have been completed, you can request a cash withdrawal. 

The Best Sportsbook Promo Codes Right Now

This page presents the finest sportsbook promo codes available in the market. You can conveniently explore the range of sportsbook bonuses listed above and select the one that most interests you. Simply click the "BET NOW" links provided below to redeem your preferred sportsbook promo code.

Afterward, you will have the opportunity to create an account and make a qualifying deposit to unlock the bonus. Additionally, it's important to mention that you have the option to register accounts with multiple sportsbooks if you wish to take advantage of several recommended sports betting bonuses today.

Sportsbook Promo Code FAQs

How do I use a sportsbook promo code?

+

You can type in an online sportsbook promo code while filling in the registration form to unlock sign-up bonus offers, such as a sportsbook deposit bonus. You often don't even need to type anything in, as you can simply click on the link provided to activate the sportsbook's promo code, which will be applied automatically.

Are sports betting promo codes available for existing customers?

+

A sportsbook sign-up bonus will only be available for new customers, but you should find lots of additional sports betting bonuses for existing customers too. You can head to the sportsbook website or sports betting app promotions page to check out the best sportsbook promotions available at any time. These online betting promo codes can include first bet offers, odds boosts, contests, giveaways, parlay boosts, bonus credits, parlay insurance, and much more.

Can I only redeem a sports betting promo code once?

+

Sports betting sign-up promo codes can only be used once. However, you should benefit from a range of ongoing sports betting promos on the top sportsbooks too. The best sportsbook bonus code offers for existing customers include first bet offers, parlay offers, odds boosts, and bet and get deals, which we've broken down in this sportsbook promo code guide.

Which sports can I use sports betting promo codes on?

+

You can generally use the best sportsbook promo codes on any sports you'd like. There are some specific football betting promo codes, and certain sportsbook promotions are specific to basketball, baseball, or hockey, but most promo codes can be used on any sporting event. However, there may be minimum odds requirements on a sportsbook promo code offer, so make sure you check the terms and conditions when you use the bonus code.

How often are sportsbook promo codes offered?

+

Exclusive sportsbook promo codes are consistently available, ensuring a steady stream of website or betting app welcome bonus offers. In addition, you can regularly take advantage of various ongoing sports betting promotions. Operators also introduce temporary promotions such as bet credit promotions and odds boosts during major sporting events like the Super Bowl, March Madness, the World Cup, and the World Series. 

When should you use a sportsbook promo code?

+

You should activate sportsbook promo codes immediately if you find sign-up bonuses that appeal to you. Sportsbooks change their welcome offers on a reasonably regular basis, so you may want to claim an online deposit bonus or odds boost before it expires. You will also have a specific period of time in which to use sportsbook bonus funds, so make sure you place your bets in time.

How many times can you redeem a sportsbook bonus offer?

+

Sportsbook bonus welcome offers can only be redeemed once per customer, and there are measures in place to prevent you from claiming these sportsbook promo codes multiple times. However, additional promotions on betting sites can be used many times by recurring customers. The terms and conditions should clearly explain how often a sportsbook promotion can be used.

What is a sports betting promo code rollover?

+

A sports betting promo code rollover refers to the number of times you need to play sportsbook bonus funds through before you can withdraw any winnings. The best betting app sign-up offers come with just a 1x rollover requirement. However, some betting app sign-up bonus offers require you to roll the funds over multiple times before they become eligible for a cash out, so read the terms and conditions on sportsbook promo code bonuses carefully.

What should I know about sportsbook promo codes?

+

When assessing the quality of sportsbook promo codes, you should focus on the size of the offer and how much of your own money you need to risk in order to redeem it. You should also focus on the wagering requirements attached to the sports betting promotions, such as the number of times you must roll the funds over before withdrawing. Our sportsbook promo codes guide breaks down the various sports betting bonuses you will be offered from the top sportsbooks in the country.

Best NHL Betting Promos, Apps & Bonuses: Get Instant Bonus Bets for Playoff Odds
Yesterday
New users can claim thousands in bonus bets when they get started with these NHL betting promos, apps and bonuses for the start of the NHL playoffs.
DraftKings NHL Promo Code: Get A $200 Bonus + $20K Playoff Bracket Pool
Yesterday
Use the DraftKings promo code to get a $200 in bonus bets welcome offer. It also gives you access to an NHL Playoffs Bracket Pool with $20K in prizes.
DraftKings Promo Code: $50k NBA Playoff Bracket Contest + $200 in Bonus Bets
Yesterday
New users can get a share of $50,000 in prize money with the DraftKings NBA Playoff Bracket contest. Plus, get $200 in bonus bets when you sign up first with the DraftKings promo code.
Martin Green
Contributor since April 2022
Martin Green spent five years working at William Hill before becoming a journalist in 2009. He began working as a sports writer and professional sports handicapper and sportsbook reviewer in 2014.
Follow Martin Green