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Best Indiana Sportsbook Promo Codes & Bonuses 2024

Written by: Tiernan Allen
Fact-checked by: James Whitelock
Updated February 19, 2024
12 min read

If you're looking for the best Indiana sports betting promos, you’re in the right place. 

In this article, we’ll be outlining everything you need to know about Indiana betting promos and the best sportsbooks available in the state right now. We’ve also got sign up links for all the bonuses, including our number one pick: FanDuel Indiana.

Best Indiana Sportsbook Bonuses

Logo #1

FanDuel

4.8/5

Bet $5, Get $150 in Bonus Bets

21+ | Terms and conditions apply

🔥 Claimed by 27 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 101 people this week!

Logo #3

BetMGM

4.4/5

Bet $5, Get $150 in Bonus Bets

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

🔥 Claimed by 199 people this week!

Logo #4

DraftKings

4.8/5

Get a No Sweat First Bet up to $1,000

21+ | T&Cs apply

Logo #5

Betway

4.5/5

Bet $50, Get $200 in Bonus Bets

21+ | T&Cs Apply

Logo #6

BetRivers

4.1/5

$500 Bonus Bet

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

Indiana Sportsbook Promo Codes

There are a ton of Indiana sportsbook promotions up for grabs in the state right now, and we’ve picked our favorites in the table below. We’ve also included the Indiana sportsbook promo codes you’ll need to unlock the offers, if necessary. Otherwise, you can just sign up via our links to lock in your bonus. 

Sportsbook Welcome Offer Promo Code
FanDuel Sportsbook Bet $5, Get $150 in Bonus Bets No code needed
Caesars Sportsbook $1,000 Second Chance Bet WSN1000
Draftkings Sportsbook $1,000 No Sweat Offer No code needed
BetRivers Sportsbook $500 Second Chance Bet No code needed
Betway Sportsbook $250 Second Chance Bet No code needed
BetMGM Sportsbook Bet $5, Get $150 in Bonus Bets WSNMGM

How We Rated the Best Indiana Sportsbook Promotions

Our method for assessing the best Indiana sportsbook promotions is anchored in a blend of expertise, thorough evaluation, and most importantly, our own firsthand experiences. We pride ourselves on our in-depth understanding of the sports betting landscape, and we believe that comes through in our reviews. 

We have personally signed up to every one of these sportsbooks, claimed the bonuses and gone through the process of making a withdrawal. That’s what you’re reading about on this page.

We focus on several different factors to determine the quality of sportsbook bonuses:

  1. Accessibility: We start by examining how easy it is to access each promotion. Clarity is key, and we appreciate when the terms and conditions of promotions are presented transparently, including essential details like deposit limits and wagering requirements.

  2. Value: We compare the different bonuses to identify the promotions that offer the most value to our readers. We take into account the potential value of each bonus down the line, not just the dollar amount advertised by the sportsbook.

  3. Type of Bonus: All bettors have different preferences and levels of experience, and we think about which type of bonus makes sense for each player. We will help you find the bonus that suits your experience and style of betting. 

  4. Playthrough Requirements: Understanding how to unlock bonuses and ultimately withdraw your winnings is crucial. We consider the playthrough or wagering requirements of each promotion and how it affects the user experience. More on how this works later.

  5. Other Terms and Conditions: We go beyond the surface to explore the specific terms and conditions associated with each bonus. We never skip the fine print and we report on exactly how the conditions worked in our experience with the bonuses in Indiana. 

Best Indiana sportsbook promo codes

Our Top 6 Recommended Sportsbooks in Indiana - Why They’re The Best

1.Fanduel Sportsbook

Best for: Great Betting Options

FanDuel is a leader in the Indiana sports betting landscape, with a user-friendly interface and some generous promotional offers. If you're looking for a sportsbook that seamlessly combines comprehensive market coverage with competitive odds, FanDuel is your go-to option. 

Upon registration, new FanDuel users can take advantage of a generous welcome offer with no promo code required. Here’s how you can get it. First, sign up and make your first deposit of $10 or more. Next, place your first bet of just $5 on any sports market. If your bet wins, you will receive $150 in bonus bets within 72 hours. 

What I love about this offer is that you can use the bonus bets however you want, and they aren’t split up into individual bets of specific sizes. You could place one $150 bet if you wish, or 150 $1 bets - it’s up to you. 

Winnings from bonus bets do not include the stake amount, and any unused bonus funds will expire after seven days. Remember, you only actually qualify for this bonus if your first bet wins.

FanDuel has lots of other interesting offers too. The Refer-A-Friend program is a standout, rewarding both you and your referred friends with $50 in bonus bets if they sign up with your unique link and make a $10 bet. You can refer up to five friends every thirty days. FanDuel regularly updates its promotions page with daily and weekly specials, including odds boosts, profit boosts, and exclusive bets, meaning there's always something new when you log on. 

With a straightforward and lucrative welcome bonus, a wide variety of ongoing promotions, and a user-friendly platform, it's easy to see why FanDuel stands out in the crowded sports betting market. 

Find more information in our in-depth FanDuel Sportsbook review.

Pros:

  • Great range of sports and betting markets

  • Excellent mobile app

  • Speedy withdrawal times

Cons:

  • Limited advanced betting features

  • The VIP scheme is lacking

WSN rating: 4.8/5

Sign up offer: Bet $5, Get $150 in Bonus Bets

App rating: 4.8/5 (iOS); 4.7/5 (Android)

FanDuel Indiana promo offer

2. BetMGM

Best for: Great User Experience

BetMGM Sportsbook is one of the best sportsbooks in the US, with tons of betting options and a great reward program. If you want a top class sportsbook with an excellent welcome offer, BetMGM is for you. 

New users who sign up with the promo code WSNMGM are greeted with a “Bet $5, Get $150 in Bonus Bets” offer. Here’s how it works. You need to sign up, make a deposit and place your first bet of just $5 on any market. Win or loss, that’s enough to guarantee $150 in bonus bets, which will be credited to your account within 24 hours of your bet being placed. You don’t even need to wait for your qualifying bet to settle. 

The bonus bets come in six $25 increments and expire after seven days. As usual, you’ll get to keep the winnings only from a successful bonus bet. 

I’m a huge fan of this offer, especially the fact that your bet doesn’t even need to win to qualify. it’s perfect for those dipping their toes into sports betting waters for the first time, providing bonus funds with no complex strings attached for just $5. 

The benefits at BetMGM extend far beyond the initial welcome, too. Their Refer-a-Friend scheme is generous, offering you and your referred friend a $100 sports bonus betting credit once they sign up, make a deposit and playthrough their bonus funds. They also have sports-specific promotions that roll out in line with the sporting calendar.

Finally, BetMGM’s loyalty and VIP programs stand out by rewarding regular bettors with more than just the usual perks. From deposit match bonuses to exclusive event tickets and stays at luxury MGM hotels and resorts, the rewards program really goes the extra mile. For me, BetMGM is one of the more well rounded options and definitely gives you a lot of bang for your buck. 

Find more details in our in-depth BetMGM Review

Pros:

  • Broad range of sports and betting options

  • One of the best loyalty programs

  • Great welcome offer for just $5

Cons:

  • Withdrawal times could be improved for some methods

  • Betting history isn’t detailed

WSN rating: 4.4/5

Sign up offer: Bet $5, Get $150 in Bonus Bets - Promo Code: WSNMGM

App rating: 4.8/5 (iOS); 4.2/5 (Android)

BetMGM Promo Offer

3.Caesars Sportsbook

Best for: Brilliant Loyalty Program

Caesars Sportsbook is an iconic name in the sports betting industry. If you're in search of a platform that combines a rich history with modern betting conveniences, Caesars is a great choice.

Newcomers to Caesars Sportsbook can get an exclusive second chance bet bonus when they sign up with the code WSN1000. This promotion is straightforward – register with our code, make a deposit of at least $10, and place your first wager. If your qualifying bet loses, you'll receive the full value of your stake back, up to $1,000, in a bonus bet. You’ve got 14 days to use your bonus bet before it expires, and it must be used as a single bet. If your bonus bet is successful, you get to keep the winnings only.

Beyond the welcome bonus, there are plenty of reasons to continue your betting at Caesars. My personal favorite aspect of Caesars is the Caesars Rewards loyalty program, which offers a way to earn perks through your betting activity. Every wager contributes to your points tally and tier in the program, with rewards ranging from gift cards to electronics and sporting equipment. This can include real life perks at Caesars’ Resorts, like discounts on stays or even all inclusive getaways. 

Caesars have a selection of limited ongoing promos too, like an offer where you can earn extra cash for each hit in MLB games. With an attractive sign-up bonus and a top tier loyalty program, Caesars is a great option for new bettors in Indiana.

For more information check out our Caesars Sportsbook review.

Pros:

  • Huge variety of sports and bet types

  • Loyalty program is one of the best around

  • Nice user interface.

Cons:

  • Ongoing promotions are less common

  • Live chat is automated

WSN rating: 4.3/5

Sign up offer: $1,000 Bonus Bets offer + 1,000 Tier and Reward Credits - Promo Code: WSN1000

App rating: 4.6/5 (iOS); 4.3/5 (Android)

Caesars Sportsbook Indiana Promo Offer

4. DraftKings Sportsbook

Best for: On-running promotions

DraftKings Sportsbook is a standout choice for anyone getting into sports betting in Indiana. If you're after a sportsbook that offers a huge range of bets and lots of on-running promotions, DraftKings is what you're looking for. 

When you sign up with DraftKings, there's a generous welcome offer up for grabs worth up to $1,000 in a bonus bet. To claim the bonus you just need to sign up, deposit at least $5, and place your first bet of $1 or more. If the bet loses, you get a bonus bet back matching what you wagered, up to $1,000. This gives new bettors a bit of a safety net to test the lay of the land, without worrying about losing your first bet off the bat. You'll get the bonus bet in your account within 24 hours after your qualifying bet loses. It stays valid for one week before it expires.

The welcome bonus is just the tip of the iceberg too. DraftKings keeps things interesting with an excellent variety of on-running promos which get updated regularly. For instance, during our review, there was a parlay insurance promo where if you make a bet with 3 or more picks and just one doesn't win, you get your money back as a bonus bet. They also have profit boost promos, where you can choose which bets you would like to receive an enhanced payout.

Draftkings is a really strong choice in Indiana, offering a huge range of betting options and tons of regular promotions and bonuses.

Find more details in our in-depth DraftKings Review

Pros:

  • Wide variety of betting options

  • Seamless mobile app

  • Frequent promotions

Cons:

  • Software is a little busy for beginners

  • Live chat is automated

WSN rating: 4.8/5

Sign up offer: $1,000 No Sweat Offer - No code needed

App rating: 4.8/5 (iOS); 4.6/5 (Android)

DraftKings Indiana No Sweat First Bet Welcome Offer

5. BetRivers

Best for: iRush Rewards

BetRivers Sportsbook offers a simple and beginner friendly platform and some of the friendliest bonuses and promotions around. If you want an easy-to-use sportsbook with a steady stream of promotions, BetRivers is perfect for you. 

New players at BetRivers can get a Second Chance Bet bonus worth up to $500. You need to sign up and deposit at least $10, and place your first bet on any market. If your bet loses, you'll get your stake returned as a bonus bet within a day. This bonus bet can be used on any market, but it must be placed on odds greater than -200. You just need to use your bonus bet once to unlock the money for withdrawal, and you only get to keep the winnings if you win.

I’m a big fan of the range of promotions for regular bettors at BetRivers. Users can enjoy benefits like the 50% profit boost on NFL Sundays, turning a typical bet into a potentially much more profitable one. There are a selection of odds boosts too, which get updated every day. The iRush Rewards program is the best part for me, rewarding frequent bets with points that can unlock a host of rewards from bonus bets to electronic gadgets and more. You can then spend these points in the BetRivers Bonus Store. 

BetRivers Sportsbook stands out for its blend of a straightforward welcome offer, rewarding loyalty program, and a steady stream of promotions that keep the betting experience fresh. 

Find more details in our in-depth BetRivers Review

Pros:

  • Great ongoing promos

  • 24 hour live chat customer support

  • Beginner friendly

Cons:

  • User interface is somewhat basic

  • The “Newsfeed” feature doesn’t add much value

WSN rating: 4.1/5

Sign up offer: $500 Second Chance Bet

App rating: 4.4/5 (iOS); 3.5/5 (Android)

BetRivers Indiana Promo Code

6. Betway

Best for:  Great User-Interface

Betway Sportsbook is a relative newcomer in the U.S. betting scene, appealing to bettors in Indiana with its straightforward offers and well designed platform. If simplicity and direct value are what you're after in sports betting, Betway's approach to promotions is likely to catch your eye. 

When you join Betway, you can claim a $250 bonus bet welcome offer, with no promo code necessary. This offer is designed to soften the blow if your first bet loses. Simply sign up, make a deposit of $10 or more and place your qualifying wager of $10 on any sport Betway covers at odds of -300 or greater. If it doesn't win, you'll be reimbursed with a bonus bet of the same value of your stake, up to $250. The bonus bet should hit your account within 36 hours of your first bet losing. 

Betway doesn't stop at the welcome offer, with a good selection of on-running promotions also available. For instance, there’s a parlay boost offer which allows you to increase the odds of your bet by 15% for every leg you add to the parlay. One thing Betway is missing is a loyalty program, which I’d love to see developed. 

I’m a big fan of the way that Betway incorporates statistics and data into the platform, with advice and information provided on the latest sports while you bet. It really adds value to the overall experience.

Find more details in our in-depth Betway Review

Pros:

  • Good ongoing promos

  • Great customer support

  • Excellent data provided while you bet

Cons:

  • Withdrawal options could be improved

  • No rewards program

WSN rating: 4.5/5

Sign up offer: Get $250 Bonus Bet Back

App rating: 4.8/5 (iOS); 4.2/5 (Android)

Betway Indiana Promo Offer

How to Get Your Indiana Sportsbook Bonus

Claiming your Indiana sportsbook bonus is a straightforward process, meaning whichever sportsbook you choose, you should be able to trigger your bonus and start betting as soon as possible. 

Here’s a simple guide for beginners on how to find and claim the best sportsbook promotions in Indiana:

  1. Select and a licensed sportsbook: Choose a legal and regulated Indiana sportsbook from our recommended list above,and use our sign up links to access the best bonuses. 

  2. Sign up: Complete the registration by providing necessary personal details such as your name, date of birth, and SSN. You may need to send the sportsbook some additional documentation to verify your identity, which is a legal requirement at licensed sportsbooks in Indiana. 

  3. Enter a promo code (if applicable): If your chosen bonus requires a promo code, enter it during registration or when making your first deposit to ensure you qualify for the offer. You can find the latest Indiana sports betting promo codes in the table at the top of this page. 

  4. Make a deposit and claim your bonus: Deposit funds into your account, and make sure to reach the minimum requirement to activate your welcome bonus. Indiana sportsbooks offer a wide range of different payment methods, from bank cards to transfers and e-wallets.

  5. Place your bet and withdraw your innings: With your bonus credited, browse the sportsbook for markets that interest you, place your bets, and enjoy the action. If you win, return to the cashier section to withdraw your winnings via your preferred method, keeping in mind any bonus-specific wagering requirements.

What Type of Sports Betting Bonuses and Promos Are There in Indiana?

Indiana sportsbooks offer a range of different promotions. Understanding how they work and choosing the best one for you is a huge part of betting in the Hoosier State. 

Here’s a breakdown of the most common offers:

Deposit Match

With this type of offer, the sportsbook matches your first deposit in bonus bets or bonus funds, up to a certain limit. The more you deposit, the more valuable the bonus is. For this reason, this type of offer is more valuable to players who are happy to deposit a good chink of money up front. For instance, if a sportsbook offers a 100% deposit match up to $200, depositing $200 will give you an additional $200 in bonus funds to bet with.

Second Chance Bet

If your first bet loses, the sportsbook will refund the value of your state as site credit or a bonus bet. Again, this offer is more valuable for players who are happy to place a large bet as soon as they sign up for the platform. DraftKings Indiana is offering this type of promo to new members now, up to $1,000. 

No Deposit Bonus

With a No Deposit Bonus, you receive a bonus for signing up without needing to make a deposit. This bonus allows you to start betting immediately with bonus funds, though it's typically smaller than other bonuses. There are terms and conditions attached before you can withdraw the winnings, and you may need to make a real money deposit first. 

This type of bonus is rare in sportsbooks, but you can easily find no-deposit bonuses in sweepstakes and casinos.

Bonus Bets

Bonus bets are simply vouchers for placing bets. They can’t be withdrawn and when you win with a bonus bet, you only keep the winning portion of the bet, not the value of the stake. Lots of sportsbooks offer bonus bets in exchange for signing up, making a deposit, and placing your first bet. Sometimes, your first bet needs to win to trigger your bonus bets, like with FanDuel’s offer. Bonus bet welcome bonuses tend to be equally valuable for beginners and more experienced bettors. 

Odds Boost (Profit Boost)

Odds Boosts elevate the winnings on certain bets, so you can win more for the same stake. Sportsbooks often pick a selection of bets or markets to receive boosts that get updated every day or every week. Sometimes, like with DraftKings’ profit boost tokens, you can actually choose which bets you want to receive the boost yourself. 

Parlay Boost

Parlay boosts are odds boosts applied to parlays, which often become progressively more valuable the more legs you add to your parlay. Sometimes, all the selections need to be from the same category to qualify for a boost, like an NBA playoffs parlay boost for instance. 

Reload Bonus

A Reload Bonus is simply any kind of bonus applied to future deposits, rather than your first. This incentive is designed to keep bettors coming back, fueling ongoing engagement and nurturing a dedicated community of users.

Real Prizes

Real prizes diverge from the usual bonus funds by offering physical items or experiences. Prizes could range from game tickets and branded merchandise to exotic getaways, often linked to notable events or achievements within the platform. Sportsbooks like Caesars and BetMGM are known for handing out rewards for their respective hotels and casinos.

Referral Bonus

With a Referral Bonus, you’re rewarded for introducing friends to the sportsbook. Once your buddy signs up and makes a deposit or first bet, both of you are welcomed with a bonus. It’s a great way to make betting more enjoyable and rewarding, for both you and your circle of friends.

Terms and Conditions to Watch Out For

Indiana sportsbook bonuses come with specific terms and conditions that every bettor must understand. These conditions can significantly impact how you use bonuses and your overall betting strategy. You should never opt-into an Indiana bonus without first reading the terms and conditions.

Here are the key terms to keep an eye on:

  • Wagering Requirements: This is how many times you need to bet with some bonus money before you can withdraw any winnings. For instance, a $30 bonus with a 5x wagering requirement means you must place $150 in bets before you’ll be able to cash out. With bonus bets, you often just have 1x wagering requirements, which means that after you bet once you’ll be able to keep the winnings in cash. 

  • Qualifying Deposit / Minimum Deposit: The smallest amount you must deposit to qualify for a bonus. It's important to ensure this aligns with your budget and betting plans. With Indiana welcome bonuses, the minimum deposit is often simply the minimum deposit at the sportsbook.

  • Qualifying Bet: The size and type bet you must place to trigger a bonus. Often it must be the first bet you place and may need to be at specific odds, or a specific betting market. 

  • Minimum Odds: Bonuses often require bonus bets to be placed on events with certain odds or higher. This prevents people from using their bonus bets on extremely likely outcomes. 

  • Expiration Date: All bonuses come with a validity period. It’s vital to use your bonus within this timeframe, or it will expire, along with any potential winnings.

  • Maximum Bet: There may be a cap on how much you can wager using bonus funds, which could also limit the maximum winnings you can withdraw from bonus-related bets.

  • Combining Promotions: This is usually not allowed. So, for instance, you can’t place a bonus bet on a market that has received an odds boost. 

Best IA Sportsbook Promos By Sport

Indiana's sports betting landscape is rich with promotional offers across all the major sports leagues. Its sporting culture helps to create a thriving atmosphere to get involved with and reap rewards on any of your favorite sports. 

NFL

The NFL season is huge at sportsbooks at Indiana, especially for the fans of the Indianapolis Colts. There are usually some great deals for betting on NFL games. For example, BetRivers and FanDuel run regular parlay and odds boosts. Then there's DraftKings, which keeps fans engaged all season with NFL pools, making every game more interesting. These kinds of offers make following the Colts and the NFL season even more engaging for fans in Indiana, giving them more reasons to cheer and bet on their favorite team. Check out our NFL betting promos page which is regularly updated with the latest offers.

NBA

Indian Pacer’s fans get a wide variety of different ongoing promotions and engaging deals throughout the NBA season. For example, DraftKings steps up the game with their Basketball Stepped Up Parlay, which offers a boost of 20% to 100% on NBA parlays that have between three and ten legs. Over at FanDuel, Pacers fans can enjoy a 25% Same Game Parlay Profit Boost for creating a 3+ leg NBA SGP or SGP+, adding an extra layer of fun to the game nights. These promotions not only make the league more enjoyable but also offer fans more ways to win throughout the NBA season. Head to our NBA promotions page to learn more about the promos during the NBA season.

MLB

During the MLB season in Indiana, fans can enjoy lots of interesting betting deals. FanDuel offers Dinger Tuesdays where a $25 bet on a player to hit a home run can earn you a $5 bonus for every home run in that game, up to $25. BetRivers also has a special offer where if you place three $10 Same Game Parlays in a week, you get a $10 bonus. These deals make following teams like the Indianapolis Indians and the MLB more fun, giving fans extra reasons to watch and bet. Check out our MLB bonuses page for more info on deals during the Indian’s season.

NHL

While Indiana doesn't have its own NHL team, there's plenty of support for hockey, especially for teams like the Chicago Blackhawks. Indiana's sportsbooks cater to this enthusiasm with special NHL deals. Caesars offers a 25% Hockey Profit Boost on the First Goal Scorer Market for any NHL game, enhancing the excitement for bettors. BetRivers adds to the fun with NHL Playoffs Insurance, where if your bet on a player to score the first goal doesn't pan out but they score later, you get your wager back as a bonus bet, up to $25. These promotions provide hockey fans in Indiana, including Blackhawks supporters, more ways to enjoy the game and potentially score big during the NHL season. For more details on NHL betting promotions, visit our NHL betting promos page.

Can I Claim Welcome Bonuses From Multiple Sportsbooks in Indiana?

Yes, you can claim welcome bonuses from more than one sportsbook in Indiana. In fact, signing up with multiple sportsbooks to take advantage of various welcome offers is a smart strategy. It also means you can shop around for the best odds, which is another important sports betting strategy. 

If you do intend to sign up with multiple sportsbooks, it’s important to make sure you are in control and gambling responsibly. Even though it can be a good strategy, it’s not for everyone. 

Responsible Gambling Support in Indiana

Indiana is committed to responsible gambling and provides several resources for those needing assistance. The Indiana Problem Gambling Awareness Program (IPGAP) is a key resource, offering support and information to individuals and families affected by problem gambling.

More organizations are below:

  • Indiana Problem Gambling Hotline: Call 1-800-9-WITH-IT (1-800-994-8448) for confidential help 24/7.

  • Indiana Council on Problem Gambling: Visit www.indianaproblemgambling.org for more resources and information on local support groups.

  • If needed, there is a self-restriction programme that can be found on the Indiana Gaming Commission site.

Final Verdict

The key to choosing the right Indiana sportsbook bonus means looking at both the platform's features and the terms of their promotions. The top sportsbooks draw in players with a mix of generous welcome bonuses, loyalty rewards, and regular promotions, as well as their range of betting markets and other features.

Our top picks in Indiana stand out for their variety and value. Explore our reviews to find your best match and use our sign-up links to easily access the latest welcome bonuses. And remember, always review the terms and conditions carefully before claiming any bonus.

Indiana Sportsbook Promotions FAQ

How many online sportsbooks are there in Indiana?

What is the best online sportsbook promotion in Indiana right now?

Are Indian bonuses legit?

Do I need a promo code to claim a sportsbook bonus in Indiana?

How old do I need to be to bet online in Indiana?

Which sportsbook has the best promos for existing customers in Indiana?

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AUTHOR

Tiernan Allen

8 Articles

Tiernan is a keen sports fan and loves nothing more than betting on the latest soccer games and exploring the world of US sports.

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