Best Sportsbook Promos & Bonuses in June 2024

Written by: Tanner Kern
Fact-checked by: James Whitelock
Updated June 10, 2024
13 min read

Online sportsbook operators regularly change their promos and bonuses to keep up with the dynamic nature of the sports betting industry and provide bettors with fresh and enticing opportunities. If you're looking for the best promos to kick off your sports betting journey, you're in the right spot.

We analyze the sportsbook promos and bonuses offered by all of the major sportsbook operators in the United States.

Best Sportsbook Bonuses and Promo Codes

An up-to-date overview of USA Sportsbooks, their bonuses, promotions, and the states where they operate.

SportsbookLegal to Bet Online InSign Up OfferOther Sportsbook BonusesSportsbook Promo Code
FanDuelAZ, CO, CT, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, NC, OH, PA, TN, VA, VT, WV, WY.Bet $5, Get $200 in Bonus Bets- Refer a Friend
- $75 in Bonus Bets each
- No Sweat SGP
- Daily SGP Profit Boost
No code needed - Claim Here
DraftKingsAZ, CO, CT, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VA, VT, WV, WY.Get a no Sweat First Bet up to $1,500 in Bonus Bets- Daily No Sweat SGP
- Refer a Friend
- 20% Deposit Bonus up to $1,000
No code needed
Caesars SportsbookAZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NJ, NY, NC, OH, PA, TN, VA, WV, WY.$1,000 First Bet BackN/AWSN1000
BetMGMAZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, MI, NJ, NC, OH, PA, TN, WV, WY.Up to $1,500 in Bonus Bets- Odds Boost Token
- Refer a Friend

WSNMGM
bet365AZ, CO, IA, IN, KY, LA, NJ, NC, OH, VABet $5, Get $150 OR $1,000 First Bet Safety Net- 30% Profit Boost
- Early Payout
- Bet Boost
- up to 70% Parlay Boost 
WSN365
BetwayAZ, CO, IA, IN, LA, NJ, OH, PA, VA.Bet $25, Get $150 if your first bet wins- Get $10 Bonus Bet on 3+ Parlay Bets
- Anytime TD Multiplier
No promo code needed - Claim Here
BetRiversAZ, CO, DE, IL, IN, LA, MD, MI, NJ, OH, PA, VA, WV.Up to $500 in 2nd Chance Bonus Bet- Parlay Insurance
- SGP Bet & Get
- First Goal Insurance
No promo code needed - Claim Here
BorgataNJBet $20, Get $100 Bonus Bets/No promo code needed - Claim Here
Daily Fantasy Bonuses
DraftKings DFSAll US States besides Washington, Oregon, Montana, Idaho, and NevadaDeposit Bonus up to $500No promo code needed 
FanDuel DFSAvailable in 44 states besides: Washington, Montana, Idaho, Louisiana, and Connecticut$100 Deposit MatchNo promo code needed - Claim Here
Horse Racing Sportsbook Bonuses
TwinSpiresAL, AR, CA, CT, DE, FL, IA, IL, KS, KY, LA, MD, MA, MT, ND, NH, NY, OH, OK, OR, PA, RI, SD, TN, VT, VA, WA, WV, WI, WY.$200 Sign-up Bonus- 15% Win Bonus
- Churchill Downs 10x points
-$2,000 Fair Grounds Challenge
No promo code

Best Sportsbook Promos & Bonuses by State US

A quick overview of the best sportsbook promos and bonuses for every state where online sports betting is legal.

StateBest Sign-Up OfferPromo CodeMore Promotions
ArizonaCaesars - $1,000 First Bet Back WSN1000Arizona Sportsbook Promos
Colorado bet365 - Bet $5, Get $150 OR $1,000 First Bet Safety NetWSN365Colorado Sportsbook Promos
ConnecticutDraftKings - Get a no Sweat First Bet up to $1,500 in Bonus BetsNo promo codeN/A
Illinois FanDuel - Bet $5, Get $200 in Bonus BetsNo promo codeIllinois Sportsbook Promos
Indiana BetMGM - Up to $1,500 in Bonus Bets WSNMGMIndiana Sportsbook Promos
IowaBetMGM - Up to $1,500 in Bonus BetsWSNMGMIowa Sportsbook Promos
KansasCaesars - $1,000 First Bet Back WSN1000Kansas Sportsbook Promos
KentuckyFanDuel - Bet $5, Get $200 in Bonus BetsNo promo codeKentucky Sportsbook Promos
LouisianaBetMGM - Up to $1,500 in Bonus Bets WSNMGMLouisiana Sportsbook Promos
Maryland Caesars - $1,000 First Bet Back WSN1000Maryland Sportsbook Promos
Massachusetts BetMGM - Up to $1,500 in Bonus Bets No promo codeMassachusetts Sportsbook Promos
Michigan BetMGM - Up to $1,500 in Bonus Bets WSNMGMMichigan Sportsbook Promos
Nevada FanDuel - 100% deposit match up to $200No promo codeNevada Sportsbook Promos
New Jersey Betway - Bet $25, Get $150 if your first bet winsNo promo codeNew Jersey Sportsbook Promos
New YorkCaesars - $1,000 Bonus BetWSN1000New York Sportsbook Promos
North CarolinaBetMGM - Up to $1,500 in Bonus Bets No promo codeNorth Carolina Sportsbook Promos
Ohiobet365 - Bet $5, Get $150 OR $1,000 First Bet Safety NetWSN365Ohio Sportsbook Promos
Pennsylvania BetRivers - Up to $500 in 2nd Chance Bonus BetNo promo codePennsylvania Sportsbook Promos
Tennessee BetMGM - Bet $5, Get $150 in Bonus Bets WSNMGMTennessee Sportsbook Promos
VermontDraftKings - Get a no Sweat First Bet up to $1,500 in Bonus BetsNo promo codeVermont Sportsbook Promos
Virginia BetRivers - Up to $500 in 2nd Chance Bonus BetNo promo codeVirginia Sportsbook Promos
West Virginia FanDuel - Bet $5, Get $200 in Bonus BetsNo promo codeWest Virginia Sportsbook Promos 
WyomingCaesars - $1,000 Bonus BetNo promo codeWyoming Sportsbook Promos

Best Sportsbook Promos for June 2024

Logo #1

FanDuel

4.8/5

Bet $5, Get $200 in Bonus Bets

21+ | Terms and conditions apply

🔥 Claimed by 130 people this week!

Logo #2

Caesars

4.3/5

$1,000 First Bet on Caesars

21+ | T&Cs Apply. Gambling problem? Call or text 1-800-GAMBLER.

🔥 Claimed by 114 people this week!

Logo #3

DraftKings

4.8/5

Get a No Sweat First Bet up to $1,500 in Bonus Bets

21+ | T&Cs apply

🔥 Claimed by 149 people this week!

Logo #4

BetMGM

4.4/5

Get Up to $1,500 in Bonus Bets!

21+ | T&Cs apply. *Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.

Logo #6

BetRivers

4.1/5

$500 Bonus Bet

21+ | VA only | Gambling problem? Call 1-800-532-3500

WSN Best Sportsbooks Promos and Bonuses

How We Rated the Best Sportsbook Promotions

To determine the best sportsbook promotions, we checked each deal's fine print and considered six factors and criteria. 

  1. ✅ Value: Assessing the promotion's value means weighing its actual monetary or betting benefit against the requirements and other criteria. 

  2. ✅ Requirements: At face value, a $1,000 bonus looks better than a $200 bonus. But if the $1,000 bonus requires a $5,000 deposit, while the $200 bonus only requires a $5 bonus, that changes things. It's all about getting the best bang for your buck.

  3. ✅ Rollover requirements: Rollover requirements refer to the number of times you must wager the bonus amount or the winnings generated from the bonus before you can withdraw any funds. Lower rollover requirements are generally more favorable to bettors.

  4. ✅ Market restrictions: Some promotions may only apply to specific sports (market), which drastically changes the appeal of the promotion.

  5. ✅ Minimum odds: Sportsbooks will almost always place minimum odds restrictions on qualifying bets for bonuses. Lower minimum odds can be more flexible for bettors, while higher minimum odds can make it more challenging to use the promotion.

  6. ✅ Time Limit: Some promotions have time limits for meeting the wagering requirements or using the bonus funds. We consider these limits in our ratings.

All of these contribute to an offer's overall value and appeal. That’s why we ask our experts to turn every sportsbook promo inside out before recommending it to ensure our readers get the maximum value from their bets.

A Closer Look at the Sports Betting Bonuses From Each Sportsbook

We'll break down promotions from 14 different sportsbooks in the United States market, providing a brief overview of each along with details about the states where they operate. All of the listed offers are only available to new customers of the sportsbooks. If you are looking for an in-depth analysis of each sportsbook listed below, we’ve linked them to their individual reviews.

1. FanDuel Sportsbook Promo

Newcomers to FanDuel Sportsbook can receive $200 in bonus bets regardless of the outcome of their qualifying wager. To claim this offer, you won't need a promo code, but you'll need to deposit at least $10 and place a bet of at least $5 on any market. Your bonus bets will be allocated to you within 72 hours once your winning bet settles. Your bonus bets don't have any market restrictions and can be used on any game or event on the FanDuel market. You just can't combine them with other promos. Furthermore, they have an x1 wagering requirement, which is common among all US sportsbook operators. This means you must wager your bonus bets before withdrawing any winnings you get

Check out our detailed FanDuel Sportsbook review

💰Sign-up offer: Bet $5, Get $200 in Bonus Bets

FanDuel Sportsbook Ratings

WSN Rating: 4.8/5

Apple App Store: 4.8/5

Google Play Store: 4.7/5

Trustpilot: 1.3/5

Claim Your FanDuel Bonus Now CTA icon

FanDuel Sportsbook Promo is available in: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming.

2. DraftKings Sportsbook Promo

DraftKings is a big player in the sportsbook industry, so you can expect their promotional offers to be top-notch. Their current welcome offer is Get a No Sweat First Bet up to $1,500 in Bonus Bets Instantly.

While some sportsbook promotions have complicated requirements for claiming promos, DraftKings keeps it simple. Just deposit at least $5, get a no sweat bet up to $1,500 and get a no sweat NBA SGP every day of NBA playoffs. It's that straightforward.

Your bonus will be divided into eight $25 parts. Remember, your bonus bets are only valid for seven days, so ensure all your bets using bonus bets settle within that time frame.

Check out our in-depth DraftKings Sportsbook review. 

💰Sign-up offer: Get a No Sweat First Bet up to $1,500 in Bonus Bets

DraftKings Sportsbook Ratings

WSN Rating: 4.8/5

Apple App Store: 4.8/5

Google Play Store: 4.6/5

Trustpilot: 1.3/5

DraftKings Sportsbook Promo is available in: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming.

Take a more in-depth view of any of the states that interest you most:

3. Caesars Sportsbook Promo

A $1,000 First Bet Back offer is available to all new customers who create a Caesars Sportsbook account using the promo code WSN1000. If your initial bet, up to $1,000, doesn't win, you'll receive the equivalent amount in bonus bets, essentially giving you a second shot to win without dipping back into your pocket. 

Keep in mind that the qualifying bet has to settle within 30 days of account activation. So avoid betting on the future and instead focus on moneyline and parlay bets. You’ll get your bonus bets within 2 business days of bet settlement. 

In-depth Caesars Sportsbook review.

💰Sign-up offer: $1,000 First Bet on Caesars while using our promo code: WSN1000

Caesars Sportsbook Ratings

WSN Rating: 4.3/5

Apple App Store: 4.6/5

Google Play Store: 4.3/5

Trustpilot: N/A

Claim Your Caesars Bonus Now CTA icon

Caesars Sportsbook Promo is available in: Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

4. BetMGM Sportsbook Promo

BetMGM recently changed its promo offer to match the US sports betting industry giants and now it offers new users a special promo: Up to $1,500 in Bonus Bets. If you are looking for a modern sportsbook with a good reward program, BetMGM is a good choice.

The way this promotion works is pretty straightforward. Register your account using our exclusive promo code: WSNMGM, deposit at least $10, and place your first real money wager of $5 on any market or at any odds. If your bet doesn't win you'll get your stakes back as bonus bets. Your bonus is limited to $1,500, meaning you can go big if you want.

Check out our in-depth BetMGM Sportsbook review for more information. 

💰Sign-up offer: Get Up to $1,500 in Bonus Bets! Promo code: WSNMGM

BetMGM Sportsbook Ratings

WSN Rating: 4.4/5

Apple App Store: 4.8/5

Google Play Store: 3.6/5

Trustpilot: 1.2/5

Claim Your BetMGM Bonus Now CTA icon

BetMGM Sportsbook Promo is available in: Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, Ohio, Pennsylvania, Tennessee, West Virginia, and Wyoming.

5. bet365 Sportsbook Promo

bet365 Sportsbook lets new customers choose their welcome bonus when signing up using our promo WSN365 code. You can choose between $150 in bonus bets or a safety net of up to $1,000.

To get the $150 in bonus bets, you’ll need to deposit $10 and place at least $5 on a bet with odds of -500 or higher. Regardless of whether your bet wins or loses, you’ll get $150 in bonus bets, as long as you don’t cash out your bet early or change it after the initial placement.

Alternatively, the $1,000 safety net functions as a second chance bet. If your initial bet doesn't win, you'll receive the amount you wagered, up to $1,000, back in bonus bets. It’s a way to try betting without worrying too much about losing your first bet. 

Check out our comprehensive review of bet365.

💰Sign-up offer: $1,000 Safety Net Bet OR $150 in Bonus Bets with the promo code WSN365

bet365 Sportsbook Ratings

WSN Rating: 4.5/5

Apple App Store: 4.7/5

Google Play Store: 4.6/5

Trustpilot: 1.3/5

Claim Your bet365 Bonus Now CTA icon

bet365 Sportsbook Promo is available in: Arizona, Colorado, Iowa, Indiana, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, and Virginia.

6. Betway Sportsbook Promo

Betway's Sportsbook incentivizes would-be bettors with new-user sportsbook promos - Bet $25, get $150 in three states Arizona, New Jersey and Pennsylvania.

To be eligible for the Betway offer, you need to deposit $25 or more into your new account. Your first bet after opting in needs to meet specific conditions. It must have odds of at least -100, be placed and settled within seven days of opening your account, be wagered with real money (not bonus funds), and not be wagered with enhanced odds such as Betway Boosts or Super Boosts. If your qualifying bet loses, you’ll get $150 in bonus bets, which you can use however you want. To receive this offer, use our exclusive link and create, your Betway account

See our review of Betway for a complete breakdown of the sportsbook.

💰Sign-up offer: Bet $50, Get $200 in Bonus Bets

Betway Sportsbook Ratings

WSN Rating: 4.3/5

Apple App Store: 4.3/5

Google Play Store: 4.7/5

Trustpilot: 1.4/5

Claim Your Betway Bonus Now CTA icon

Betway Sportsbook Promo is available in: Arizona, Colorado, Indiana, Iowa, Louisiana, New Jersey, Ohio, Pennsylvania, and Virginia.

7. BetRivers Sportsbook Promo

BetRivers first-time users can claim up to a $500 second chance bonus bet if their initial wager loses on the platform. Colorado and New Jersey bettors can access a $250 second chance bet, while those in Arizona, Iowa, New York, Ohio, and West Virginia have a $100 second chance bet. Use our exclusive promo link to activate the sign-up bonus.

Our BetRivers review has a full rundown of our experience with the site.

💰Sign-up offer: $500 Bonus Bet

BetRivers Sportsbook Ratings

WSN Rating: 4.1/5

Apple App Store: 4.4/5

Google Play Store: 3.3/5

Trustpilot: 1.7/5

Claim Your BetRivers Bonus Now CTA icon

BetRivers Sportsbook Promo is available in: Arizona, Colorado, Delaware, Illinois, Indiana, Iowa, Louisiana, Maryland, Michigan, New Jersey, New York, Ohio, Pennsylvania, Virginia, and West Virginia.

8. Borgata Sportsbook Promo

Borgata Sportsbook welcomes new customers with a tempting offer: place your first $20 bet on any sports event and receive $100 in bonus bets. This promotion is quite generous, particularly for a sportsbook exclusive to New Jersey, and it competes closely with offers from big players like DraftKings and FanDuel.

To claim it, you first need to create an account using our exclusive promo link. Once you're signed up, just place your initial bet with odds of -200 or better (such as -100, +100, etc.). The great part of this deal is that you receive the bonus bets regardless of whether your first bet wins or loses, making it an excellent start to your experience at Borgata Sportsbook.

Learn more about Borgata Sportsbook in our in-depth review.

💰Sign-up offer: Get $100 When You Bet $20!

Borgata Sportsbook Ratings

WSN Rating: 4/5

Apple App Store: 4.7/5

Google Play Store: 3.39/5

Trustpilot: 3.1/5

Claim Your Borgata Bonus Now CTA icon

Borgata Sportsbook Promo is available in: New Jersey 

Best Sportsbook Promos By Sport

It can be hard to find the best sportsbook bonuses when there are so many to choose from. If you are a sports enthusiast looking for sport-specific bonuses, we got you covered.

NFL

When it comes to NFL promotions, DraftKings stands out among all available sportsbooks.

DraftKings has excellent NFL Sunday Parlay Insurance tailored for those who enjoy higher-risk, higher-reward 4+ leg NFL parlays. This promotion acts as a safety net, ensuring that if you win all legs except one, you'll receive your initial stakes back in the form of bonus bets. They also have one of the best apps for betting on sports, which makes the whole experience smooth and fun for users.

For more NFL betting offers, take a look at our article, where we've checked out the best NFL betting sites to gather all the NFL promotions. Don’t forget to read our NFL picks against the spread to boost your winnings during the football season.

NBA

DraftKings and BetRivers are two sportsbook operators that offer notable NBA promos.

DraftKings has a great promo offer for all NBA fans. If your first bet loses, you'll get your wager back, up to $1,000 in bonus bets. This offer is excellent, no matter how you look at it. But you also get No Sweat, Same Game Parlays, which is insurance for parlay bets, which are popular among NBA betting fans. If you make a parlay bet with 3+ legs and it loses, you'll get your initial stakes, up to $5, back as bonus bets.

BetRivers main promo is the second chance bets, where you can get back between $100 and $500 in free bets, depending on the state you’re in, if your first bet doesn't win. This offer essentially gives you a free retry, reducing the sting of an initial loss.

When it comes to NBA-specific promos, BetRivers comes through with excellent offers, beginning with NBA parlay insurance. If you create a bet that involves four or more NBA games and one part doesn't go your way, BetRivers ensures you receive a portion of your bet back, effectively mitigating potential losses and allowing you to try again. 

BetRivers will boost your parlay winnings with their NBA Prop Central Promo, providing a 25% profit boost on all parlays with odds of +100 or higher, as long as your bet is at least $25.

Lastly, you have the NBA In-Season Tournament Bet and Get promo, which gives a 25% profit boost when you bet on a player to score the first field goal in a game. 

For more NBA offers, take a look at our NBA betting promos guide. We also have a list of our top recommended NBA betting sites.

NHL

bet365 offers the best NHL sportsbook promos. It provides up to a 70% boost on parlay bets made within a single NHL game. This means if you combine different bets, like team to win, player to score, and total goals, all in one game, and your parlay wins, your payout will be significantly higher.

The sportsbook also offers an NHL early payout promo. If you bet on a team's moneyline and it leads by 3 goals at any point, bet365 pays you out as a winner immediately. This is a big advantage because you win your bet even if the other team makes a comeback and wins the game later.

Although bet365 is the best place to find NHL promotions, there are other options as well. Feel free to check out other NHL betting promos

MLB

When it comes to MLB, the only sportsbook that really stands out with their offer is bet365, with their up to 70% parlay boost. The exact amount of boost you get depends on the number of parlay selections. If it’s a two-leg parlay, you get 5%, and for each new leg, you get an additional 5%, maxing out at 70% with 14 or more leg parlays. There are no minimum odds like you usually have with many similar offers like this, but your winnings are capped at $150,000.

You can find more MLB betting bonuses right here. We have also reviewed the best MLB betting sites for baseball fans.

Best Sportsbook Bonuses for New Customers

A quick overview of the best sportsbook bonus offers for new players

SportsbookWelcome OfferBonus Code
FanDuelBet $5, Get $200 in Bonus BetsNo bonus code needed
DraftKingsGet a No Sweat First Bet up to $1,500 in Bonus BetsNo bonus code needed
Caesars Sportsbook$1,000 First Bet on CaesarsWSN1000
BetMGMGet Up to $1,500 in Bonus Bets!WSNMGM
bet365$1,000 Safety Net Bet OR $150 in Bonus BetsWSN365
BetwayBet $50, Get $200 in Bonus BetsNo bonus code needed
BetRivers$500 Bonus BetNo bonus code needed
Borgata SportsGet $100 When You Bet $20!No bonus code needed

Make sure to check for offers regularly, as sportsbook operators frequently update them. Keep an eye out for special promotions during events like Black Friday, Christmas, Thanksgiving, and major sports occasions such as the Super Bowl and the NBA Finals in the United States.

Why Trust Us?

WSN has always had a pulse on the sports betting industry and naturally, we always have the latest and best sportsbook promos and bonuses. Here’s how we achieve that:

  • The WSN team is made up of 40+ experts, all dedicated to providing you with the best US sportsbook promos and bonuses.

  • We reviewed over 50 sportsbooks to create this list of the best sportsbook promos. 

  • Our team spends a minimum of 12 hours a week testing each sportsbook operator and their promo offers and features.

  • Each member of our team puts themselves in the shoes of regular players, and all testing is done from a first-hand perspective.

  • We have over 40 betting guide articles and videos dedicated to helping new players learn the ropes of online sports betting before they take advantage of the best sportsbook promo offers.

  • We have a dedicated responsible gambling center with 10 articles and videos that explain how to avoid and identify early warning signs of problems.

  • We're always eager to hear your feedback, so feel free to send us a message at any time.

How Do We Do It?

On each review, our experts spend a minimum of 12 hours over a week, testing every feature the sportsbook has to offer, including their promo offer. We give them at least $1,000 to use during testing. They would turn the sportsbook upside down and test out everything from payment methods to customer support. Each aspect undergoes rigorous testing and is graded according to our BetEdge rating methodology.

Learn more about our rating process and BetEdge methodology.

After a review is published, we allocate at least 2 hours per month per operator to ensure our reviews remain up-to-date. For our ‘best of’ pages, such as our best sports betting sites, we spend at least 5 hours verifying and updating every detail.

In addition to this, twice a year, we conduct a comprehensive review of all sportsbook operators and our ‘best of’ pages from the ground up to ensure their accuracy and relevance.

Learn more about our editorial principles.

WSN’s Experts

We have assembled a team of over 40 experts from diverse sports and iGaming backgrounds. They have dances of combined experience in the betting industry. They have worked on both sides of the betting counter, giving them unique insights into odds-making and market trends. This allows us to analyze sportsbooks with a critical eye and provide you with reviews that highlight the best promos and potential drawbacks.

In addition to their technical expertise, our team is passionate about sports and betting. This passion drives them to stay updated on the latest developments and innovations in the industry, ensuring our reviews are always current and relevant.

Get to know our team.

WSN’s Betting Guides

Your first stop for learning everything there is about sports betting should be WSN’s betting guides. These guides will provide you with essential knowledge before you start claiming the best sportsbook promos and bonuses available in the US. Not only will they learn the basics of sports betting, but they’ll also pick up a couple of tips and tricks along the way. Sports betting is all about educated guesses so first learn how online sports betting works before you start playing.

Check out our betting guides section to learn all the sports betting terms and how it all works.

WSN’s Responsible Gambling Center

We hired Daniel Umfleet and Pat Eichner, two experts in health and responsible gambling, to create the WSN Responsible Gambling Center, which currently includes 10 articles and videos addressing gambling issues, practical guides, and resources to whom you can turn for assistance if you or your loved ones have a problem. 

Check out our Responsible Gambling Center to learn more and avoid common pitfalls.

We Value Your Feedback

We made leaving feedback for operators easy and accessible to everyone. You can always  contact us and provide us with your feedback, or you can simply visit the operator review section and express your satisfaction or dissatisfaction by giving a thumbs up or down.

Feel free to contact us.

What Are Online Sportsbook Promotions and How Do They Work?

Online sportsbook promotions are a way for sportsbook operators to draw in and retain bettors on their platforms. They work by offering incentives to players, such as bonus bets, free bets, cash returns, or improved odds, based on specific conditions that vary from bonus to bonus. 

To access these promotional benefits, customers are typically required to meet specific conditions, such as making a deposit or placing a bet.

These promotional offers entice users to engage with the sportsbook and stay active on the platform, ultimately benefiting both the bettor and the sportsbook.

Types of Sports Betting Promotions

There are 17 types of sportsbook promotions, each designed to entice and engage bettors with different incentives and opportunities. If you're curious about them, here's the full list:

  1. Welcome bonuses attract new customers by offering special promotions exclusively available upon registration.

  2. Deposit bonuses add bonus funds to the bettor's account based on the deposited amount, often expressed as a percentage.

  3. Bonus bets provide credits to bettors as a reward or promotional tool, usable for placing wagers.

  4. Second chance bets reimburse bettors in bonus bets (up to a certain amount) if their first bet loses.

  5. Boosted odds offer temporarily improved odds on specific events, giving bettors the opportunity to win more than at regular odds.

  6. Accumulator bonuses offer additional winnings or boosted odds for correctly predicting the outcome of multiple events in a single bet.

  7. Cash-back offers provide bettors with a percentage of their stake or losses, usually in the form of bonus bets.

  8. Refer-a-friend bonuses award existing customers for referring new customers who make a deposit and place bets.

  9. Loyalty programs recognize regular betting activity, offering perks like free bets, cash, or other benefits.

  10. Event-specific promotions tailor offers around particular sports events or competitions, catering to fans and increasing engagement.

  11. No deposit bonuses award credits without any deposit prerequisites, allowing bettors a risk-free exploration of the platform.

  12. Parlay insurance offers protection where bettors get a refund if one leg of their multi-event bet loses.

  13. Early cash out allows bettors to settle bets before the event concludes, securing part of the potential winnings or minimizing losses.

  14. Seasonal promotions offer deals tied to specific times of the year or festive occasions, driving engagement during peak seasons or holidays.

  15. Real prize promotions allow bettors to win tickets to sporting events, trips, or other physical rewards instead of just betting credits or cash bonuses.

How To Claim a Sportsbook Promo

If you’re new to sports betting, here are the key steps required to claim a sportsbook promo:

  1. Sign up for an account with the sportsbook using one of our links. You'll typically need to provide personal details such as your name, address, email, and other relevant information.

  2. Use the promo code during the sign-up or deposit step, or opt-in for the promo from your account. Which one is required depends on the sportsbook in question. We’ve clearly labeled sportsbooks where you need to use the promo code when signing up.

  3. Deposit the specified minimum funds or more according to the promo's terms.

  4. Fulfill promo requirements by following their conditions. Whether it's placing a qualifying bet or waiting for certain outcomes, make sure you act according to the promo terms.

  5. Claim bonus winnings once you've met all requirements. The funds will either be allocated automatically or you’ll have to claim them, depending on the sportsbook and promo in question.

Common Sportsbook Bonus Terms and Conditions

While specific terms and conditions can vary between different sportsbooks and promotions, they will all include the following terms:

  • Minimum deposit/bet: Most promotions require a minimum deposit or a qualifying bet amount to activate the bonus.

  • Time limits: Many promotions have time limits that require you to claim the bonus, meet the qualifying criteria, or use the bonus funds within a certain amount of time.

  • Minimum odds: Certain promotions may require placing bets with minimum odds to qualify for the bonus or count towards the betting requirements.

  • Wager requirements: Wagering requirements indicate the number of times you need to bet your bonus before you can withdraw your winnings. In most cases, it’s once. 

  • Maximum wager: Sportsbooks may limit the maximum wager you can place using a bonus bet for a specific game or event. This limitation is imposed when the operator wants to mitigate potential losses by capping the size of your bonus bet wager.

Will Sportsbook Bonuses Continue, or Will They Disappear?

Sportsbook bonuses are here to stay. With the sports betting industry growing, competition is on the rise. To stand out, sportsbooks rely on generous bonuses and promotions.

Even though big players like FanDuel and DraftKings dominate the market with their resources, the constant need to attract and keep bettors ensures that sportsbook bonuses won't disappear anytime soon.

What Makes a Good Betting Bonus?

A good betting bonus offers significant value, such as a 100% match on your initial deposit with a high limit. It comes with fair terms and conditions, providing genuine chances to profit, like odds boosts and additional deposit bonuses. Less preferable are "no-sweat" bets, better known as 2nd chance bets, which only benefit you if you lose your initial bet. While they might seem appealing for beginners, to make the most of them, you have to deliberately lose your initial bet.

Most sportsbooks are going in this direction to limit liability. However, there are still many odds boosts and deposit bonuses left. Always look for these when searching for a good betting bonus. 

How to Get a Bigger Sportsbook Bonus

To get a bigger sportsbook bonus, one has to look for sportsbook operators with promotions with low requirements and big payouts. If you are interested in receiving a bigger sportsbook bonus, DraftKings is the way to go. To start off, it offers a remarkable deal: with just a $5 bet, you receive $200 in bonus bets, regardless of your bet's outcome. 

Another type of bonus you should take into consideration is the deposit bonus. The higher the percentage, the better. This offer can also be found on DraftKings. It offers a 20% deposit bonus up to $1,000. SI Sportsbook and Desert Diamond are also offering this fantastic promotion. They offer 100% deposit match up to $100 and $250, respectively. Essentially, you are doubling your initial wagering deposit. 

Gamble Responsibly

We value responsible gambling practices and prioritize the well-being of our users. If you are looking for tips on how to gamble responsibly, you are at the right place. Set a Budget: Establish a budget for yourself before you start gambling. Determine how much money you can afford to spend on gambling without negatively impacting your financial well-being. Stick to this budget and avoid exceeding it, even if you experience losses.

  • Only Gamble with Disposable Income: Never gamble with money that is meant for essential expenses like rent, bills, or groceries. Use disposable income you can afford to lose without causing financial hardship.

  • Set Time Limits: Set specific time limits for your gambling sessions and stick to them. Take breaks and engage in other activities to maintain a balanced lifestyle.

  • Avoid Chasing Losses: Do not try to recoup losses by increasing your bets or chasing losses. This can lead to reckless gambling behavior and financial strain.

  • Understand the Odds: Familiarize yourself with the odds and probabilities of the games you are playing. This can help you make informed decisions and set realistic expectations.

We also have our WSN Responsible Gambling Center with helpful guides to help you gamble safely.

Remember, gambling should be seen as entertainment and not a guaranteed way to make money. By gambling responsibly and within your means, you can minimize the risks and enjoy the experience in a safe and controlled manner. 

If you or someone you know has a gambling problem, you can talk to someone at the National Problem Gambling Helpline by calling 1-800-GAMBLER. More information can be found on the NCPG website.

Online Sportsbook Promotions FAQs

What Sportsbooks Have the Best Promos?

How Do I Maximize My Bonus Bets?

What Are Bonus Bet Promotions?

What Is the Catch With Bonus Bets?

Are Sportsbook Bonuses Worth It?

Can I Cash Out Winnings From Bonus Bets?

21+ | Terms and conditions apply
Claim Now
Image for Tanner Kern

AUTHOR

Tanner Kern

406 Articles

Tanner Kern has been working in the betting industry since 2020. He currently is a social media content creator at DraftKings and contributes to multiple sites in addition to WSN, including Forbes and VSiN. He is also the cohost of the podcast Ride the Line at WSN.

More info on Tanner Kern
We've been featured on:
espn logo
reuters logo
cbs-news logo
forbes logo
entrepreneur logo
entrepreneur logo
We only list licensed sportsbooks
WorldSportsNetwork
WorldSportsNetwork
WorldSportsNetwork
WorldSportsNetwork

© Rebel Penguin ApS 2024 (a subsidiary of Gaming Innovation Group Inc.)

We support responsible gambling. 21+ Only. Gambling problem? Call 1-800-Gambler.

WSN.com is run by iGaming Cloud Inc (a Gaming Innovation Group Subsidiary) and is registered with the New Jersey Division of Gaming Enforcement (DGE) under affiliate vendor ID 89744, with the Indiana Gaming Commission (IGC) under certificate of registration number SWR-000148, approved by the Pennsylvania Gaming Control Board as a gaming service provider, under certificate registration number 117656-1, possesses a Vendor Minor sports betting license from the Colorado Limited Gaming Control Commission (account number 94414163), granted a vendor registration number VR007603-20-001 by the Michigan Gaming Control Board, an interim Sports Wagering Supplier license, under license number SWS 066, issued by the West Virginia Lottery Commission, a sports betting vendor registration, under registration number #100400, issued by the Director of Gaming Licensing and Investigations of the Virginia Lottery to operate in the State of Virginia, and a Vendor Registration issued by the Sports Wagering Committee of the Tennessee Education Lottery Corporation.

Advertising disclosure: WSN contains links to online retailers on its website. When people click on our affiliate links and make purchases, WSN earns a commission from our partners, including ESPN and various sportsbooks.