The Best Bonus Codes For Sportsbooks

Sports gambling is one of the most popular forms of gambling out there. And with more states voting to legalize it, more and more players are getting into the action. And why wouldn't they want to? Sports gambling is fun, exciting and thrilling. There's nothing quite like putting some money on a game and watching every play with bated breath to see if your bet hits. And when it does - euphoria! There are dozens of sportsbooks out there for players to choose from, each offering their own benefits. Today, we're going to take a look at some of the most popular online sportsbooks and more specifically, take a look at all their wonderful sportsbook related bonuses and promotions. Because who doesn't like free money to bet with? So let's get right to it!

Draft Kings

Everyone knows the name Draft Kings. It's one of the most popular and widely used sportsbooks out there. They offer a pretty attractive bonus to new players. All players need to do to qualify is sign up, deposit $5, make at least one bet on any sport worth $5 and Draft Kings will give you $200 in free bets. Players won't get the whole $200 at once, they'll receive 8 installments of $25.


FanDuel, like Draft Kings, is widely popular with sports gamblers. They too offer new players a free bet promotion. In order to receive this bonus, players need to sign up, deposit a minimum of $10, make one bet worth $5 on any sport and then FanDuel will credit your account with $200 in free bets.


You know the name MGM. The legacy casino has jumped into the online sportsbook world with their app and they are offering a pretty nice welcome promotion to new players. Players need to sign up, make a deposit of at least $10, place a bet on any sport and BetMGM will pay up to $1,500 in bonus bets if your initial bets don't hit. The pay backs are based on how much a player's first bet is. For example, if they place a bet of $50 and it loses, the pay back will be $50. If the bet is $1500 and loses, the pay back will be 5 $300 installments.

Caesars Sportsbook

Another legacy casino, Caesars has one of the more popular sportsbooks out there - as well as some of the funniest commercials. New players will want to take advantage of their welcome bonus of up to $1000 back if your initial bet loses. Players need to sign up, make a bet on any sport and if that bet loses, players will get back their initial wager in bonus bets. So if you bet $50 and lose, you'll get $50 in bonus bets. A bet of $1000 that loses will result in a bonus of $1000.


Not as well known as some of its competitors but still reliable, PointsBet gets in on the bonus action by offering new players up to $1000 in second chance bets. Just sign up, place a bet on any sport and if that initial bet loses, PointsBet will refund your account with up to $1000 in free, second chance bets.


Smaller in terms of its reach, but still big in what it offers, Bet365 is an upcoming sportsbook that's quickly becoming a fan favorite. They offer players the choice between two first bet bonuses. The first is a $1000 safety net bet. Players need to sign up, deposit at least $10 and then place a bet up to $1000. If it loses, you'll get your wager amount back in the form of bonus bets.

The other option is bet $5 to get $150. In order to qualify for this bonus, players need to sign up, deposit at least $10 and place a bet on any sport of at least $5. Bet365 will then reward players with $150 in bonus bets which are good on any sport or event.


Not well known but still a reputable sportsbook, Tipico offers a bonus match of 100% up to $100. Players need to sign up, make a deposit of at least $10 and Tipico will match it 100%. The bonus amount needs to be wagered on a bet with odds of -200 or greater. Once that bet is settled players will be able to withdraw their funds.

BetRivers Sportsbook

Hailing from Colorado, BetRivers offers players a nice first bet bonus of up to $250 to new players. Just sign up, deposit at least $10 and then place your first bet on any sport. If the bet loses, BetRivers will refund you with bonuses equal to the wager amount up to $250.


Live in Pennsylvania, Unibet offers new players a nice second chance bonus of up to $500. Just sign up, place a minimum bet of $10 on any sport and if that bet loses, you'll receive a second chance bonus equal to your first wager up to $500.


Another well respected online casino, BetOnline offers two attractive sports bonuses to players. The first is a 50% welcome bonus of up to $1000 that is good for first deposits only. The other is a 25% sports reload bonus of up to $250.


One of the oldest and most respected online casinos, Bovada offers players a sportsbook welcome bonus of up to $750 when depositing with crypto, and up to $250 when depositing with a credit card.


So there we have it! Our list of some of the best sportsbook promotions out there. As you can see, most of these bonuses are similar and that's because sports gambling is different than regular online casino play. So what it ultimately comes down to is choosing the sportsbook that you like the best, offers the games and sports that work best for you and has the deposit and withdrawal methods you prefer. But at the end of the day, free money is free money and it all can lead you to some big wins!