Best Arizona Sportsbook Promos - $4,200 in Bonuses in March, 2023

Arizona sports betting has been a driving force in the southwest sports betting market since it was legalized in early 2021.

A major reason that sportsbooks have thrived in Arizona is because of the lucrative and entertaining sportsbook bonuses and promos available to new bettors upon sign-up. 

As we continue, we will highlight the best Arizona sportsbooks, their welcome offers for new customers, and how you can easily redeem thousands of dollars in prizes.

How We Rated the Arizona Sportsbook Offers: Our Approach

Every reputable sportsbook is going to offer some sort of promotion for new bettors. However, it can be tough to pick through the weeds and determine which offer is the best.

Luckily for you, our expert team of industry experts has spent hours and hours pouring over the details of every offer, researching the sportsbook, and reading the terms and conditions to produce a report on every sportsbook promotion. 

Here’s what we came up with.

Feasibility: This category is all about understanding how easy or likely it is that you will actually receive the bonuses promised by the promotion. A lot of this comes from a general understanding of the industry and key terms, but it also requires a review of the fine print to see who is excluded and what standards must be met for the promotion to be triggered.

Monetary value: Simply put, we want sportsbooks to put their money where their mouth is. If one sportsbook promo is as easy to access as another, then the one that's worth its weight in gold is going to be the more attractive option. So, although there are other factors, we paid special attention to this one. 

Ingenuity: Sports betting is and always will be a form of entertainment, not a means to replace steady long-term income. Following that train of logic, we wanted to see which promos were more advanced than the others, since those can offer more entertainment. You’ll be surprised by how inventive some of these sportsbooks were, and we’re excited to share more details about individual offers later on.

Assuredness: The final consideration in our list deals with how likely it is that bettors receive the bonuses promised by the offer. For example, certain offers say that “if this event happens, then you win this”; that’s obviously less guaranteed than a “sign up and win x” promo, which plays into how attractive the offer is.

Why You Should Trust Us

WSN is a team of gambling industry veterans that pride themselves on standing on the front line of innovation, research, and overall awareness of the gaming scene. We put in our hours of research and analysis to help determine which sportsbook offers are the best for new bettors and are here to share that information with you.

You can also check out our betting guides, state reviews, and sportsbooks analysis for more information on how to place legal sports bets, which sites to use, and much more.

A Closer Look at the Top Arizona Sports Betting Promotions

No matter if you are a first-time sports gambler, experienced but new to the Arizona scene, or just looking to change sportsbooks, we have all of the top offers listed below. Let’s dive right in!

Our Favorite - Caesars Sportsbook Arizona Promo - Up to $1,250 on Caesars

All of the sportsbook offers that we will mention start with a few standard requirements. First, customers have to be 21 or older; second, they must be located in Arizona, no matter if they live there full-time or not; and third, they may not already have an account at the sportsbook they are using, which, in this case, is Caesars.

The Caesars offer promises up to $1,250 in bet credits back for bettors who miss their first bet. Think of it this way: if you bet $400 and lose, you will instantly receive $400 in bet credits to ensure that you don’t have to make another deposit to place your next wager.

This offer applies to 100% of bettors’ first stakes up to $1,250. The offer does not need to be maximized to be redeemed but is only available for the first bet.

Bet credits have no direct cash value but can be used to win cash prizes in any qualifying markets on the Ceasars sportsbook.

Caesars customers will also receive 1,000 Caesars rewards credits and 1,000 Caesars tier credits upon sign-up. These can be used to redeem real prizes at various Caesars Entertainment properties.

Runner-up - BetMGM Sportsbook Arizona Promo - Up to $1,000 in Bonus Bets

The BetMGM Arizona offer is very similar to Caesars’, just for $1,000. Customers can make their first bets with the promise that if they miss, they will receive 100% refunds in the form of bet credits.

Bet credits only go to bettors who make failing first wagers. Those who win will receive full cash compensation just as they would for any other winning bet. 

Bet credits have no direct cash value but can be used to win cash in any eligible markets on the BetMGM sportsbook.

We Also Like - WynnBet Sportsbook Arizona Promo - Bet $100 and Get a $100 Free Bet

WynnBet is a fast-growing sportsbook, and it is offering a guaranteed $100 in bonus bets for all customers who bet at least $20 as their first wager.

These bonus bets are the same as on other sportsbooks, meaning they are unique to WynnBet and can’t be withdrawn for cash but can unlock cash prizes.

DraftKings Sportsbook Arizona Promo - Get a Three-Part Welcome Bonus Worth up to $1,250

DraftKings sportsbook has the most unique welcome bonus by far. The first part of their deal is a $50 bonus bet that is granted after sign-up and the first deposit has been completed.

The second part is a 20% deposit match (with a 25x playthrough requirement) up to $1,000. This will multiply bettors’ betting capital by 120% and gives them a way to gamble even more than they deposited. All earnings in this part of the offer come in bonus bets.

The third part guarantees $200 in bonus bets to customers who bet at least $5, no matter if that bet is successful or not. If it hits, then they will also win the regular cash prize associated with the betting line.

This is the only three-part welcome bonus of the major Arizona sportsbook promotions.

Unibet Sportsbook Arizona Promo - Get Up to $100 Back if You Don't Hit a Winner

Unibet sportsbook guarantees up to $100, depending on the size of the customer’s wager, in compensatory bet credits for anyone who misses their first bet.

This deal is like a few of the others already mentioned, just for $100. As always, bet credits do not directly correlate to cash but can be used to win real money prizes.

BetRivers Sportsbook Arizona Promo - Get up to $500 in Prizes

Meet the qualifying criteria and you will be able to win back up to $500 in bonuses if your first bet misses at BetRivers Sportsbook.

Full terms and conditions for all of these offers can be found on the sportsbooks offering them. Be sure to check them for any qualifying standards before redeeming the offer.

How to Claim a Bonus Offer at Arizona Sportsbooks

Many newer sports bettors often worry about lengthy requirements for redeeming sportsbook promotional offers. However, the process is fairly painless.

Sportsbook promo reviews (like ours) will even provide you with links that take you directly to the registration page for whichever sportsbook they are talking about. Don’t be afraid to click them, as they won’t automatically enroll you in anything and still give you time to review the offer.

Follow these steps once you have decided which sportsbook promotion you are going to redeem.

1. Travel to the sportsbook’s web page by clicking the promo link on this page.

2. If you do not click the link, visit the sportsbook and click “Sign Up” or any similar-looking buttons.

3. Select your state from the list.

4. Enter your personal details into the appropriate boxes, along with the promo code (note that not all sportsbooks require you to enter a promo code, and sometimes just clicking the link is enough).

5. Finish creating your account.

6. Make your minimum first-time deposit—promo offers usually come with a qualifying deposit, so make sure you hit that amount.

7. Meet any post-registration steps that are required, whether that be placing your first bet or something else. The details you are looking for can be found in the terms and conditions of the offer.

Individual steps and requirements will differ depending on which sportsbook you are using, but the general flow of steps should be the same. Feel free to refer to our sportsbook guides or contact customer support for more information.

Who Qualifies for Arizona Sportsbook Bonuses?

We mentioned earlier that there are a few basic requirements all customers must meet to unlock Arizona sportsbook promos. There can be more, depending on the sportsbook, but the universal standards are listed below.

1. Be 21 or older.

2. Be within Arizona state borders, whether you live there or not.

3. Do not already possess an account at that particular sportsbook.

4. Be exempt from a self-excluded gambler list.

5. Use the offer within the given time period.
   
   

Different Types of Sports Betting Promos Explained

There are several types of sports betting promotions that are fairly common within the industry. Of course, sportsbooks are always innovating and can offer promos not found on this list, but these comprise most offers.

Risk-free bets/bet insurance/first bet back: These types of promos ensure bettors that any missed first bets will be canceled out with refunds in the form of bonus bets or bet credits. These are essentially tokens of native currency that can be used to win cash prizes and are generally awarded at a 1:1 ratio per dollar risked up to a certain amount. 

It is important to remember that these prizes do not mean that bettors have won money on top of their regular earnings (unless otherwise specified), but they now possess the chance to win back the money they lost without submitting another deposit.

Deposit match: This type of deal is an add-on to first deposits. Deposit matches usually range anywhere from 20-100%, though again, that depends on the exact offer. Deposit matches also typically see bettors earn bet credits or bonus bets instead of more cash.

Guaranteed winnings: This is the most straightforward type of promo. Just meet the qualifying criteria and you will guarantee yourself prizes, no matter what those are.

Odds boost/profit boost: These promotions are usually found around marquee events such as the Super Bowl. They’ll often read like “Bet $5 to win $500” or something similar in nature and vary depending on the event.

Common Sportsbook Bonus Terms & Conditions

Wagering/playthrough requirements: These are the amount of money that must be wagered to unlock a part of the promotion. For example, DraftKings offers a 20% deposit match up to $1,000 but with a 25x playthrough requirement, meaning every $1 in bonus bets comes after $25 has been spent.

Minimum deposit: The lowest amount of money that a bettor has to deposit in order to trigger an offer.

Minimum odds: The lowest betting odds that a betting line can possess to apply promotions to.

Market restrictions: Certain betting markets are not eligible for promotional opportunities (round robins are usually one of the restricted markets).

Fixed-odds markets: Traditional betting odds found in traditional betting markets. Simple.

Expiration date: The latest a promotion or earnings from a promotion can be applied to a betting line.

Qualifying bet: The lowest amount of money that may be bet to activate a promotional offer.

Arizona Sportsbook Bonuses FAQ

Final Verdict on Arizona Sportsbook Promos

Arizona sports betting is thriving. If you are interested in joining the fray or are just looking to switch your sportsbook, click our promo code links to make sure that you get started on the right foot.