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Top 5 Sportsbook Promos & Best Bonuses Today

We’ve uncovered the best sportsbook promos available at BetMGM, Caesars Sportsbook, FanDuel, and other top U.S. sports betting operators. Claim the best 2026 sports betting promos across the industry's leading platforms to maximize your bankroll.

#1 Rated
Up to $1,500 in Bonus Bets
Tooltip Icon Bonus Bets expire in seven days. One new customer offer only. Must be 21+ to participate. Select US states only. Visit BetMGM.com for T&Cs.

Top Features

  • Deep coverage of 26 sports
  • Excellent rewards program
  • Exclusive NFL betting markets
Payout Speed
Currency-dollars
Within 24 hours
Overall Rating
4.8/5
#2
Up to a $250 Bet Match
Tooltip Icon New users only. Place a qualifying first wager within 30 days to receive a Bonus Bet equal to your stake, up to $250. Minimum odds apply (longer than -500). Bonus Bet is one-time use, expires in 30 days, and stake is not included in winnings.

Top Features

  • Best rewards program
  • Live streaming of NFL games
  • White glove customer support
Payout Speed
Currency-dollars
Within 24 hours
Overall Rating
4.7/5
#3
Bet $5, Get $300 in Bonus Bets if You Win
Tooltip Icon 21+ (18+ D.C.) Opt in req. First online real money wager only. $5 first deposit required. Bonus issued as nonwithdrawable bonus bets which expire 7 days after receipt. Restrictions apply. Select US states only. See terms at sportsbook.fanduel.com.

Top Features

  • Best user experience
  • Best for live betting
  • Excellent welcome bonus
Payout Speed
Currency-dollars
Within 24 hours
Overall Rating
4.6/5
#4
Bet $5, Get $300 in Bonus Bets if Your Bet Wins
Tooltip Icon Max. $300 issued as 12 $25 Bonus Bets if you win your first $5 wager. Bonus Bets expire in 7 days (168 hours), are single-use and non-withdrawable. Stake removed from payout.

Top Features

  • First-class mobile experience
  • Daily sportsbook promos
  • Early props odds
Payout Speed
Currency-dollars
Within 24 hours
Overall Rating
4.5/5
#5
Up to $2,000 in FanCash
Tooltip Icon New customers only in select Fanatics Sportsbook states. Wager min. $1 cash on min. -500 odds to receive up to $200 in FanCash each day for 10 days. FanCash issued within 72 hours. Offer ends 12/31/25.

Top Features

  • FanCash Rewards program
  • Unique welcome bonus
  • Fair Play player prop policy
Payout Speed
Currency-dollars
Within 24 hours
Overall Rating
4.5/5

Gambling problem? Call 1-800-GAMBLER

Key sportsbook promos highlights

  • Comparison of bonus value: Side-by-side snapshot of promo amounts and key features to help compare which sportsbooks offer the most value.
  • Breakdowns of how to claim offers: Step-by-step guidance on claiming each sportsbook’s bonus, including promo codes, minimum bets, and odds requirements.
  • Promo types and terms to watch: Explanation of common bonus types (e.g., bonus bets, bet matches, FanCash) and important terms like expirations and minimum odds.
  • State-specific promos and FAQs: Details on offers available by state, plus answers to frequent questions about sportsbook promotions.

Compare all US sportsbook promos

While the larger and more prominent sportsbooks like FanDuel and DraftKings capture the majority of the sports betting market, numerous other operators still offer compelling promos for American bettors. We’ve compiled a comprehensive list of available sportsbooks and highlighted each platform’s bonus offers, making it simple to compare and find the best options for your next wager.

​​Sportsbook  ​Promo 
BetMGM Up to $1,500 in bonus bets
Caesars Sportsbook Up to a $250 bet match
FanDuel Bet $5, get $300 in bonus bets if you win
DraftKings Bet $5, get $300 in bonus bets if you win
Fanatics Sportsbook Up to $2,000 in FanCash
​Bally Bet  ​Bet $10, get $50 in bonus bets
bet365 Bet $5, get $200 win or lose or $1,000 First Bet Safety Net
betPARX Bet $10, win $125 in bonus bets
BetRivers Up to $500 second chance bet
​Borgata   Bet $20, get $100 in bonus bets
Crab Sports 100% first bet profit boost up to $500
Desert Diamond Sports Up to $250 in bonus bets
Golden Nugget Up to $250 in bonus bets
Hard Rock Bet Bet $5, get $150 in bonus bets
Prime Sports Up to $250 in bonus bets
SugarHouse Up to $500 second chance bet
theScore Bet Bet $10, Get $100 in Bonus Bets If You Win
Underdog Up to $1,000 in bonus cash

Top 3 best sportsbook offers for Jan. 16, 2026

Top sports betting sites consistently offer great bonuses and promotions across a wide range of events, and you don't have to be a new user to take advantage. Current users can use these weekly promos whenever they pop up, but hurry, as these are often limited-time offers.

Here is our top three betting app promos for today.

  1. DraftKings NFL Playoff Pack: Get ready for the Divisional Round of the NFL playoffs by claiming this pack, which includes two profit boosts for you to use.
  2. FanDuel College Football Profit Boost: Make any wager on the National Championship Game between Miami and Indiana, apply this token, and receive a 30% profit boost.
  3. BetMGM Second Chance For NFL First TD Scorer: If your player in a first TD wager scores the second TD of the game, instead of the first, you’ll get your stake back in cash

Best sportsbook promos ranked January 2026

Our experts have decades of combined sports betting experience that shapes how we view and rank the top sportsbook promo offers in the U.S. We’ve narrowed it down to our top five choices and provided our favorite feature at each of these betting sites, all while including our exclusive sportsbook promo codes that you can use right now when registering your account through our links.  

  1. BetMGM promo - Best online sportsbook promo
  2. Caesars Sportsbook promo - Best bonus for bet match
  3. FanDuel promo - Best sportsbook promo for casual bettors
  4. DraftKings promo - Best bet and get sportsbook bonus
  5. Fanatics Sportsbook promo - Best multi offer sportsbook promo
Title Icon SI Betting Expert Analysis

We test every welcome offer listed to make sure it's easy to claim, delivers real value, and matches what each sportsbook advertises. We also stay on the lookout for the best daily promotions and top games or events to bet on, so you always know where to find the strongest offers available.

Kyle Collis - Betting Analyst

1. BetMGM promo: Best online sportsbook promo

Up to $1,500 in bonus bets

Use the BetMGM promo code SI1500 to receive up to $1,500 in bonus bets.

BetMGM will refund 100% of your initial stake in bonus bets up to $1,500. Depending on your betting strategy, you could leverage this bonus by placing a bet on relatively ‘safe’ odds, with the goal of a modest return. Or you could go for the gusto by wagering it on longer odds, like a parlay, with hopes of a massive payout. Either way, it’s nice to know that you’re playing with a safety net.

 The best online sportsbook for payouts truly delivers with its January 2026 welcome offer.

Here are some key terms and conditions for the BetMGM welcome offer:

  • You must be a new user and at least 21.
  • A minimum deposit of $10 is required.
  • Bonus bets expire in seven days.
  • For bets of $50 or less, you’ll receive one bonus bet equal to your wager amount.
  • For bets over $50 or more, you’ll get five bonus bets, each worth 20% of your initial wager.
  • This BetMGM promo ends Feb. 9, 2026.
BetMGM bonus code: SI1500

Read our BetMGM review for a full breakdown of the best option among college football betting sites.

2. Caesars Sportsbook promo: Best bonus for bet match

The Caesars Sportsbook promo code SIBONUS250BM offers a compelling welcome bonus that caters to both cautious newcomers and ambitious bettors. By placing a minimum $1 bet, new users will receive a first-bet match of up to $250.

The bet match bonus remains valid for 30 days, providing ample time to enhance returns. 

Check out some important terms and conditions for the Caesars Sportsbook promo:

  • You must be a new user and at least 21 years old.
  • Place a qualifying first wager within 30 days to receive a bonus bet equal to your stake, up to $250.
  • Minimum odds of -500 apply.
  • Bonus bet is one-time use, expires in 30 days, and stake is not included in winnings.
  • This Caesars offer is available until Feb. 10, 2026.
Caesars Sportsbook $250 bet match with code SIBONUS250BM

3. FanDuel promo: Best sportsbook promo for casual bettors

We love the FanDuel welcome bonus because it lets you get skin in the game for a minuscule deposit. Registering and loading your account with as little as $5 allows you to place a $5 bet on any sports market with no odds restrictions on your first bet. If your first bet wins, you’ll be credited with $300 in bonus bets within 72 hours. 

Have a look at the main terms and conditions for the FanDuel welcome offer:

  • You must be a new user and at least 21 (18 in DC).
  • A minimum deposit and wager of $5 is required.
  • Bonus bets expire in seven days.
  • You must download the FanDuel Sportsbook app to claim this sign-up offer.
  • There are no odds restrictions on your initial wager, and no FanDuel Sportsbook promo code is needed.
  • This offer ends on Jan. 25, 2026.
FanDuel promo code: Bet $5 get $300 in bonus bets if you win

4. DraftKings promo: Best bet and get sportsbook bonus

The DraftKings welcome offer is a juicy bet $5, get $300 in bonus bets if you win . All you need to do is deposit and wager $5; if that wager settles as a winner, you'll receive the earnings, plus the bonus bets.

Here are the vital terms and conditions for the DraftKings welcome bonus:

  • You must be a new user and at least 21 (18+ in DC, KY, WY).
  • You must apply the bonus token to your to activate the offer.
  • The bonus token expires on Feb. 1, 2026.
  • A minimum deposit and wager of $5 is required.
  • Bonus bets expire in seven days.
  • No DraftKings bonus code is needed.
  • This DraftKings new user promo ends on Jan. 25, 2026.

Note: New users can claim a second first-deposit offer worth up to $1,000. DraftKings will match 20% of your initial deposit up to $1,000, meaning you'll have to deposit $5,000 to maximize the offer.

DraftKings new-user promotion: Bet $5+ and get $300 in bonus bets if your bet wins.

Read our DraftKings review for a full breakdown of everything the best online sportsbook offers in 2026, including why it ranks among the best prop betting sites.

Important terms and conditions:

GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit MA Gambling Helpline (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).Please Gamble Responsibly. 888-789-7777/visit CONNECTICUT COUNCIL – ON PROBLEM GAMBLING (CT), or visit Home (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Pass-thru of per wager tax may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $300 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Token expires 2/1/26. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook. Ends 1/25/26 at 11:59 PM ET. Sponsored by DK.

5. Fanatics Sportsbook promo: Best multi offer sportsbook promo

There are a few Fanatics Sportsbook promo offers you can choose from that vary by state. Bettors in most states will have their choice between two offers, which we'll highlight below.

Up to $2,000 in FanCash

Fanatics Sportsbook promo: Up to $2,000 in FanCash

New users can place a $1+ bet for 10 consecutive days on any market of -500. If their wager loses, they will receive up to $200 in FanCash each day.

Terms and conditions:

  • This Fanatics Sportsbook sign-up bonus is for new users only.
  • A minimum $10 deposit is required.
  • Place a cash wager of between $1 and $200 each day for 10 days. If any of your bets settle as a loss, Fanatics will reimburse you with FanCash.
  • You do not have to place a bet on each of the 10 days to remain eligible for this offer.
  • There is a minimum odds requirement of -500, meaning you cannot bet on a market with longer odds (e.g., -550, -700, etc.).
  • All FanCash Rewards earned from this promotion expire seven days from the date of issuance.
  • This Fanatics promo ends on June 1, 2026, at 11:59 PM ET.

Bet $50, get $250 in FanCash

Fanatics Sportsbook promo: Bet $50, get $250 in FanCash

New users in all legal Fanatics states (excluding AZ, CT, KS, MI, NJ, NY, PA) can claim $250 in FanCash by wagering $50. Place your first bet of $50 or more, and once it settles, regardless of the outcome, you’ll receive $50 in FanCash over five days.

Remember these details:

  • This offer can be claimed in all legal Fanatics Sportsbook states besides New York.
  • Minimum odds of -500 or longer required.
  • No Fanatics Sportsbook promo code is required.
  • This welcome offer expires Dec. 31, 2025.

Fanatics Sportsbook New York sign-up bonuses

NY sports bettors can claim one of following welcome offers:

Up to $250 in FanCash

Place a $25 wager every day for 10 straight days. If you lose a bet, you will receive your full stake back, up to $25 in FanCash.

100% profit boost token for 5 days

Get a 100% profit boost token for five days straight to use on a minimum -500 odds wager, up to $25.

Fanatics Sportsbook promo summary

🎁 Welcome bonus (AZ, CO, DC, IL, IN, IA, KY, LA, MA, MI, MO, OH, PA, VT) Up to $2,000 in FanCash
🎁 Alternative bonus (CS, KS, MD, NC, NJ, TN, VA, WV) Up to $1,000 in FanCash
🎁 Alternative bonus (AZ, IA, IN, MI, MO, NJ, PA, WV) Bet $30, get $300 in FanCash
🎁 Alternative bonus (CO, DC, LA, KY, MD, MA, OH, VT, VA, WY) Bet $50, get $250 in FanCash
🎁 NY welcome bonus Up to $250 in FanCash
🎁 Alternative NY welcome bonus 100% profit boost token every day for 5 days
🌏 Fanatics Sportsbook states AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY
✍️ Terms and conditions New customers only. Offer availability varies by state. Terms, including FanCash terms apply-see Fanatics Sportsbook app.
📱 Mobile app iOS and Android
✅ Last verified by SI  Jan. 8, 2026
⏳ Welcome offer expiry June 1, 2026

For a more detailed look at the betting site, check out our Fanatics Sportsbook review.


Sportsbook bonus comparison

Here’s a look at the best sportsbook promos, collected in one place so you can quickly compare and find the offers that fit your betting style.

Sportsbook Welcome Bonus Promo Code
BetMGM
Up to $1,500 in Bonus Bets Tooltip Icon Bonus Bets expire in seven days. One new customer offer only. Must be 21+ to participate. Select US states only. Visit BetMGM.com for T&Cs. SI1500
Caesars Sportsbook
Up to a $250 Bet Match Tooltip Icon New users only. Place a qualifying first wager within 30 days to receive a Bonus Bet equal to your stake, up to $250. Minimum odds apply (longer than -500). Bonus Bet is one-time use, expires in 30 days, and stake is not included in winnings. SIBONUS250BM
FanDuel
Bet $5, Get $300 in Bonus Bets if You Win Tooltip Icon 21+ (18+ D.C.) Opt in req. First online real money wager only. $5 first deposit required. Bonus issued as nonwithdrawable bonus bets which expire 7 days after receipt. Restrictions apply. Select US states only. See terms at sportsbook.fanduel.com. No code required
DraftKings
Bet $5, Get $300 in Bonus Bets if Your Bet Wins Tooltip Icon Max. $300 issued as 12 $25 Bonus Bets if you win your first $5 wager. Bonus Bets expire in 7 days (168 hours), are single-use and non-withdrawable. Stake removed from payout. No code required
Fanatics Sportsbook
Up to $2,000 in FanCash Tooltip Icon New customers only in select Fanatics Sportsbook states. Wager min. $1 cash on min. -500 odds to receive up to $200 in FanCash each day for 10 days. FanCash issued within 72 hours. Offer ends 12/31/25. No code required

We suggest claiming multiple offers, or as many as you can, but pace yourself instead of triggering them all at once. Spacing them out gives you more time to meet all the requirements and ensures you’re getting the most out of each bonus.

Top sportsbook promos for Jan. 16, 2026

We've searched high and low for the best daily boosts and bonuses at the top U.S. sportsbooks. Here are the most recent verified betting app promos for Jan. 16, 2026.

🟡 BetMGM

  • 🏀 NBA Odds Boost Token: Get a boost on your NBA wager when using this token.
  • 🏈 Pro Football Playoffs Odds Boost Token: Use this token and get an increased potential payout on a pro football bet today.
  • 🏈 Pro Football Playoffs No Sweat Token: Apply this token to a pro football bet today and get your stake back in bonus bets if your wager does not hit.
  • 🏒 Hit The Hat Trick Jackpot: Bet on an NHL player to score, and if they end up with a hat trick, you'll get a share of $10,000 in bonus bets.

Claim BetMGM promos

⚫ Caesars Sportsbook

  • 🏈 $850,000 50 Burger: Opt in every week and place NFL SGPs for a chance to win a share of $850,000 in bonus bets if your team scores 50 or more points.
  • 🏈 NFL Flips: Visit the NFL Flips game daily to earn a profit boost or even a share of $100,000 in bonus bets.
  • 🏀 $225K 60 Point Club: Place an NBA SGP and win a share of $225,000 if a player in your game scores 60 or more points.

Claim Caesars Sportsbook promos

🔵 FanDuel

  • 🏈 College Football Profit Boost: Get a 30% profit boost for the CFB National Championship on Jan. 19, 2026.
  • 🏀 NBA Profit Boost: Make an NBA wager today and get a 30% profit boost.
  • 🆓 Daily Play: Make your free NFL picks to win a share of $100,000.

Claim FanDuel promos

🟢 DraftKings

  • 🪂 Daily Drop: You can get a profit boost to use on any bet today.
  • 🏈 NFL Playoff Pack: Grab two profit boosts to use on the NFL Divisional Round this weekend.
  • 🏈 NFL Divisional Round 30% TD Parlay Boost: Get a 30% boost on any NFL TD scorers parlay, SGP, or SGPx with at least three legs for the Divisional Round.
  • 🏀 Shaq Pack: Opt in every Wednesday to grab two NBA boosts.

Claim DraftKings promos

🔴 Fanatics Sportsbook

  • 🏷️ FanCash Drops: Join Fanatics Sportsbook's FanCash Bonanza every Friday to win FanCash for gear or bonus bets.
  • 🚀 Odds Boosts: Score special odds boosts on select NFL, NBA, MLB, NHL, and primetime events.
  • 🎁 Personalized Promotions: Tap the ‘Discover’ tab in the Fanatics Sportsbook app to find personalized promos just for you.

Claim Fanatics Sportsbook promos

Missouri betting promos

Legal Missouri sports betting apps launched on Dec. 1, 2025, marking the state’s long-awaited entry into the regulated U.S. market. Fans can register for the DraftKings Missouri promo codeFanDuel Missouri promoBetMGM Missouri bonus codeFanatics Sportsbook Missouri promo, and Caesars Sportsbook Missouri promo offers.

Now that betting is live, new users can gain access to a full lineup of Missouri sports betting promos from leading operators, each designed to give bettors early value. Expect competitive bonuses from top brands as the Missouri betting market opens, with new offers rolling out throughout the sports calendar.

Some sportsbooks also offered extra promos for Missouri bettors during the first week of live betting. Make sure to keep an eye on our pages in case more great Missouri betting promos drop during the first month of legal sports betting in the state.  

NFL betting promos

NFL betting promos make every game more exciting, from Thursday night kickoffs to Sunday showdowns, Monday Night Football matchups, and all the way to Super Bowl betting promos. Sportsbooks across the country offer a steady stream of NFL betting offers that give fans extra value all season long.

DraftKings and FanDuel are two of the top NFL betting sites. They are known for their primetime game boosts and parlay promos, but they also keep you covered with NFL betting promos every Sunday. Caesars Sportsbook stands out for its selection of premade NFL parlays with boosted odds, making it easy to jump in and bet on popular matchups.

These NFL betting offers are available throughout the regular season and 2026 NFL playoffs, up to Super Bowl LX. These provide new and experienced bettors with numerous opportunities to maximize their wagers. They give both new and experienced bettors plenty of opportunities to maximize their wagers, whether you’re betting spreads, player props, or same-game parlays on the best NFL and Super Bowl betting sites.

⚡DraftKings NFL Playoffs Live Millions

DraftKings Live Millions is a promotion for existing users, offered by DraftKings Sportsbook during the 2026 NFL Playoffs. It enables live betting on NFL Playoff Sundays, with a chance to share $2.5 million in prizes each week. 

Here is how you can take part in the DraftKings Live Millions promo:

  1.  Opt-in to the DraftKings Live Millions offer under promotions.
  2. Add a live bet to your slip & your qualifying token is automatically applied.
  3. Place a live bet to earn one sweepstakes entry.
  4. After each entry, a new token instantly reloads - so customers can keep earning entries with every live bet.
  5. At the end of each Sunday, prize winners will be randomly selected.

This promotion is excellent for current users during the NFL playoffs. Many prizes are available, with the main reward being 10 winners each week who will receive $10,000 in bonus bets for use on DraftKings Sportsbook. 

How to claim your sportsbook promo

Whether you're grabbing Ohio welcome bonuses or claiming NY sportsbook promos, the process is quick and easy when you follow these simple steps.

1. Pick a sportsbook promo 

Start by selecting the sportsbook bonus that best fits your needs. With many betting sites and sports betting apps available, you'll have plenty to choose from.

2. Claim your promo code

Be sure to claim your promo code by clicking on any of the links on this page.

3. Create a new account

Registering is straightforward. You’ll need to enter basic personal info — like your name, address, and date of birth. Some promos may need to be claimed through a mobile app, so always check the terms and conditions.

4. Verify your identity

Most sportsbooks will ask for a government-issued ID, such as a driver’s license, to verify your identity. Some may also request proof of address, like a utility bill.

5. Deposit funds

Deposit the minimum amount required to claim your bonus. All major sportsbooks will have various deposit methods like debit, PayPal, Venmo, Apple Pay, and bank transfers.

6. Place a bet

Place your first bet, and make sure that it meets the minimum requirement of your bonus.

7. Enjoy your bonus

Once you've fulfilled the requirements of your first bet, you'll be able to enjoy your bonus. Remember, you typically have seven days before your bonus expires. 

Popular types of sports betting promos

Whether you're using New York sports betting apps, NC sports betting apps, or betting from anywhere else in the U.S., most of the best sports betting promos fall into three main categories: bet and get offers, second chance bets, and deposit match bonuses. Below, we break down what each of these means, along with a few other popular promo types you might come across in 2026.

🥇 Best overall sportsbook promo BetMGM
🔄 Best second chance bet offer BetMGM
💰 Best bet and get sportsbook promo FanDuel
🚀 Best sportsbook promo for bet match Caesars Sportsbook
💵 Best deposit match offer DraftKings (secondary offer)
💸 Best referral bonus BetMGM

Second chance bet 

Second-chance bet promos allow you to get your money back in bonus bets if you lose your first bet. For example, if you're looking at BetMGM through Ohio sportsbook promos or claiming from anywhere else in the United States, your first bet with BetMGM is covered. If your initial wager settles as a loss, the online sportsbook will refund your first wager of up to $1,500 in bonus bets.

These betting promos are popular with sports bettors looking for a low-risk first bet at a new sportsbook. They are also popular with experienced bettors who are comfortable betting $500+ with their first wagers.  

Bet and get 

Bet and get promos are offers that allow you to turn a small initial bet into a large amount of bonus bets. For example, the FanDuel bet and get offer will give you $300 in bonus bets from a $5 wager if you win your first bet.   

Deposit match bonus 

Deposit match bonuses reward you for making a big first deposit. Typically, online sportsbooks offer a 100% match, but some betting sites may offer bonuses that are either much larger or smaller.

For example, you can land a 20% deposit match bonus worth up to $1,000 with DraftKings.

Profit boosts

A profit boost bonus typically provides tokens with a designated boost percentage. For example, a sportsbook could offer bettors 100% profit-boost tokens as a welcome bonus. This means players can double their winnings with their bets.

No-deposit bonus 

No-deposit bonuses are sports betting promos you can claim without depositing real money. Unlike other sportsbook promos, no-deposit bonuses tend to be smaller and have more restrictive terms.

While you may be able to claim a no-deposit bonus as a welcome offer, these instances are rare. Online sportsbooks usually limit this type of offer to new legal state sports betting launches. If you're an existing sportsbook user, you may also receive this bonus as an incentive to become a more active bettor.

Best sports betting promos for new users

The best sportsbook promotions for new bettors are usually simple 'bet and get' offers. These bonuses require only a small deposit, making it easy to try an online sportsbook without a big commitment. Place a qualifying wager, win it, and you collect bonus bets on top of your cash winnings.

Two of the strongest betting app promos come from DraftKings Sportsbook and FanDuel. Both reward you for winning your first wager, with FanDuel offering no odds limits and DraftKings allowing picks as short as -500, which helps new users feel confident in their first bet.

Offers like the Fanatics promo are still great; however, they usually require more upfront betting to unlock full value — the same is true for BetMGM, which often asks for a larger initial wager. These promos can deliver big upside, but they’re typically better for users willing to spend a bit more or looking for higher-value returns from their first online sportsbook experience.

What to look for in sportsbook promo code terms and conditions

Sports betting promos are a great way to get started, but every offer comes with terms that can impact your experience and your payout. Before claiming a bonus, it’s important to understand the key conditions that affect how and when you can use the offer. Here’s what to look for:

Age and location requirements

To claim any sportsbook bonus, you must be at least 21 years old (18 in some states) and physically located in a state where online sports betting is legal. Your account must be verified before any bonus is activated.

Minimum deposits and wagers

Most offers require a minimum deposit, typically $5 or $10, to qualify. You’ll also need to place a minimum wager to activate the bonus, which is usually clear from the offer itself. Other betting app promos may have less obvious requirements, so it’s always worth double-checking the fine print.

Wagering requirements

Some bonuses come in the form of site credit or bonus bets that must be wagered before they can be converted into real, withdrawable cash. Always check whether the offer requires you to play through your bonus.

Minimum odds

Some sportsbook promos require your qualifying bet to meet minimum odds, like -200 or longer, to be eligible for the bonus. That means betting on heavy favorites may not qualify. For example, FanDuel’s current offer requires you to win your first bet, but has no minimum odds requirement. Other sportsbooks may include one in the terms, so always read the details to know what qualifies.

Wagering periods

Most sportsbooks give you seven days to use your bonus bets before they expire. Some sportsbooks offer a longer window — for example, Caesars Sportsbook gives users 14 days to use their bonus. Ensure you are aware of your deadline to avoid missing the opportunity.

Specific conditions

Some promos only pay out if your first bet wins, like FanDuel’s. Others, like BetMGM’s $1,500 offer, only apply if your first wager loses, and the amount you get back depends on how much you staked.

How we rate sportsbook offers

Our sportsbook promo reviews are based on how much real value each offer delivers — and how easy it is to enjoy. Here’s how we rate welcome bonuses, and the factors that can make your time with a promo better or worse: 

  • Bonus value potential: What’s the maximum amount of bonus bets or credits you can earn by claiming the full offer? Some sportsbooks give you options — for example, the bet365 bonus code offer lets you choose between two different promotions, giving you flexibility to pick what works best for you.
  • Deposit and bet requirements: How much do you need to deposit or wager to unlock and claim the promotion?
  • Wagering conditions: Are there playthrough requirements or minimum odds that limit how or where you can use your bet?
  • Bonus expiration: How long do you have to use your bonus bets before they expire — and how does that compare to other sportsbooks?
  • User experience: How smooth is the process from sign-up to cashing in your bonus? Are the steps clear, quick, and frustration-free?

The goal is to highlight promos that offer genuine value, fair terms, and a smooth experience from start to finish.

Title Icon SI Betting Expert Analysis

Always read the fine print before placing your first bet. Small details, such as a minimum odds requirement or a short bonus expiration, can make the difference between turning a bonus into real cash and losing it altogether. Treat each promo like a mini game plan: know the rules, understand the conditions, and plan your wagers to maximize your advantage.

Ryan HagenBetting Analyst

Why trust Sports Illustrated?

With over 70 years of dedicated sports reporting, Sports Illustrated has earned the trust of millions. When we review online sportsbooks, we take a hands-on approach — signing up, depositing real money, claiming welcome bonuses, and placing informed bets.

The first-hand experience allows us to thoroughly evaluate each platform’s pros and cons to give you honest, detailed recommendations. We only endorse sportsbooks we trust and would personally use. If a site falls short of our standards, we’ll inform you and guide you toward better options. 

Sportsbook promos by state

Explore our state-by-state promo guides below to see which sportsbook bonuses are available for you in 2026.

Sportsbook bonuses for existing users

Welcome bonuses are just one type of sportsbook promo available to bettors in the U.S. Most top sportsbooks also have many existing customer promos for you to claim as soon as you start betting. Here's a look at what you can expect to find.

Odds boosts 

Odds boosts are promos that increase the odds in your favor to give you a bigger payout if you win.  

For example, let’s say the Los Angeles Lakers are playing the Boston Celtics and the Lakers have +200 odds to win. An odds boost promotion may increase those odds to +400. If you bet $20 on the Lakers without the odds boost, you would win $40. With the odds boost, you would win $80. 

Reload bonuses 

Reload bonuses are promotions that reward you for topping up your sportsbook account, such as giving you a set amount of bonus bets when you make a deposit. More commonly, you will see sportsbooks offering deposit match bonuses on specific days of the week. 

Referral bonuses 

Sportsbook referral bonuses allow you to claim a bonus offer by suggesting a sportsbook to your friends. Your sportsbook will give you a unique code or sign-up link — all you have to do is share it. Once your friend signs up with your link or code, you and your friend will claim an exclusive bonus.  

Responsible gambling

Sports betting should be for entertainment only. The best way to make sure betting stays that way is by practicing responsible gambling.  

Many sportsbooks have features like time limits, deposit limits, and other account limits. If you are a new bettor, we recommend setting some limits just to be safe. Offshore betting sites tend not to have these tools, and there are certain sportsbooks to avoid.

If you or someone you know needs help with gambling responsibly, consult these resources to get help.  

In addition to the national resources above, you can find local resources on your state's gaming regulator’s website.  

Sportsbook promos FAQ

What is the best sportsbook promo for new users?

Our experts have rated the BetMGM welcome bonus as the best overall sportsbook promo in the U.S. However, the best sportsbook promo for you depends on your preferences. 

How do sportsbook bonuses work?

Sportsbook bonuses are incentives that betting sites offer to convince you to sign up or remain an active bettor. Welcome bonuses are released once you register, make your first deposit, and meet the specified wagering requirements.

Can I claim multiple sportsbook promos at once?

Yes, claiming multiple sportsbook promos is a great way to maximize your bankroll and learn the strengths and weaknesses of different sites. However, you can only claim one welcome bonus per online sportsbook, unless the betting site offers multiple welcome promos.

What is the difference between a deposit match and a no-deposit bonus?

You have to make a deposit to claim a deposit match bonus. Typically, the sportsbook will match 100% of whatever you deposit in bonus bets. No-deposit bonuses allow you to claim bonus bets just for signing up. You do not need to make a deposit to claim a no-deposit bonus.  

Are sportsbook promos available for existing users?

Yes, all the sportsbooks mentioned here also offer existing customer promos. These include reload bonuses, referral bonuses, odds boosts, and profit boosts.  

Do sportsbook promos have wagering requirements?

Yes, most sportsbook promos have wagering requirements. The exact rollover requirement depends on the sportsbook. Most top betting sites have a 1-10x wagering requirement for all their bonus offers.  

Are sportsbook promos legal in all states?

No, sports betting is not legal in every state, so you cannot claim sportsbook promos in certain states. You can view our state betting guides on this page for more information.