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Best Kentucky Sportsbook Promo Codes & Bonuses 2024

Written by: Rhianna Padman
Fact-checked by: James Whitelock
Updated May 20, 2024
25 min read

While online sports betting only recently became a reality in Bluegrass State, you can now find eight sportsbook operators offering some of the most attractive Kentucky sportsbook promos. Our experts have taken a deep dive into the Kentucky sports betting scene and selected the best Kentucky sports betting promos of May 2024.

🥇 The best Kentucky sports betting promo in May 2024 is Caesars. Use promo code WSN1000 when signing up. 🥇

Best Kentucky Sportsbook Promos May 2024

🔥 Claimed by 93 people this week!

Logo #1

Caesars

4.3/5

$1,000 First Bet on Caesars

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

🔥 Claimed by 83 people this week!

Logo #2

DraftKings

4.8/5

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

21+ | T&Cs apply

🔥 Claimed by 181 people this week!

Logo #3

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 #4

FanDuel

4.8/5

Bet $5, Get $150 in Bonus Bets

21+ | Terms and conditions apply

Kentucky Sportsbook Promo Codes

Legal sports betting in Kentucky became a reality on September 7th, 2023, when in-person sportsbooks in the state booked their first bets. Online betting became available just three weeks later, on September 28. 

A number of top US sportsbooks have flung open their virtual doors to Kentucky residents on that date with some exclusive promotions and bonuses to make sports betting in the state even more tantalizing.

Below, you can see our pick of the best KY promos you can claim right now.

How We Rated the Best KY Sportsbook Promotions

There's more to assessing the value of a sportsbook bonus than just picking the biggest one. We take our rating seriously and dive deep to find out everything we can about the offer.

First of all, it’s important to match up your playstyle and the bonus. If you’re a micro-stakes player who just wants to make a small deposit upfront, a match bonus worth up to $1,000 isn’t going to do much for you. In contrast, a $10 no-deposit bonus is unlikely to persuade high rollers who are accustomed to placing large amounts of their own money on the line.

Next, we never get carried away with the one-line bonus offer. With sportsbook bonuses, the devil is in the details. When it comes to understanding the real value of a bonus, it’s all about the terms and conditions. The most significant of these is the wagering requirements, which we’re going to explain in detail in a later section, along with other T&Cs.

Then, there are ongoing promotions and rewards programs designed to keep players engaged with the site long after their welcome bonus has been claimed.

Overall, it’s our goal to lay everything out for you as clearly as possible so you not only understand exactly how each bonus works but can identify the one that makes the most sense for you personally.

A Closer Look at the Top Sportsbook Bonuses in Kentucky

Best Kentucky Sportsbook Promos

Here are my favorite sportsbook bonuses available right now in Kentucky. Each offer comes with its own pros and cons, and the best option to choose can vary from player to player.

1. BetMGM Kentucky Promo Code

BetMGM Kentucky Promo

BetMGM is one of the top sportsbooks in the country, and they are partnering with WSN.com to offer up to $1,500 in bonus bets to players who sign up with BetMGM with our promo code WSNMGM.

This is a great offer that effectively works like a safety net for your first bet. Meaning, if your first bet loses, you'll get up to $1,500 in bonus bets, depending on the amount you wagered. So, if you bet $200 and lose, you'll get $200 in bonus bets. Bonus bets you receive come with x1 wagering requirement, meaning you have to bet them at least once before you can withdraw your winnings. Just don't wait too long to use them since they are only valid for seven days.

BetMGM has some other great promos, including Odds Boosts, a Refer-a-Friend program, and access to BetMGM Rewards, where you can win real-life prizes at MGM resorts in Vegas or Atlantic City.

Find out more about BetMGM's Kentucky bonuses.

» For more details about BetMGM, check out our BetMGM sportsbook review.

💰 Sign up offer: Up to $1,500 in Bonus Bets
🤩 Promo Code: WSNMGM

BetMGM Sportsbook KY Ratings

⭐ WSN rating: 4.4/5
⭐ Apple App Store: 4.8/5
⭐ Google Play Store: 4.2/5

Use WSNMGM and claim your KY Promo. CTA icon

BetMGM Pros and Cons

Pros Easy to use user interface
Pros Live streaming
Pros MGM Rewards loyalty program
Cons No bettor stats

2. DraftKings Kentucky Promo Code

DraftKings Kentucky Promo Code

DraftKings was one of the first sportsbooks to launch in Kentucky and continues to offer excellent promotions in the state. DraftKings latest KY promo offer is: Get a No Sweat First Bet up to $1,500.

The process for claiming this bonus is simple: just sign up to DraftKings via our links, make a deposit, and place your first qualifying bet of at least $1. If your qualifying bet loses, you'll get up to $1,500 in bonus bets. Your bonus bet amount equals your wager amount. Meaning that if you bet $300 and lose, you'll get $300 in bonus bets. If by any chance your bet wins you get your winnings and no bonus bets. It's a win win situation. You are either going to win or get bonus bets.

You'll receive your bonus bets within 72 hours of your bet settling and in one lump sum and you have to use them like that. This is the only thing I don't like about this promo. It would be better if they were split or if you could use them as you wish.

Just like other bonus bets, they come with x1 wagering requirement. Meaning you'll have to wager them once before you can withdraw any winnings from bonus bets. You'll have seven days to use your bonus bets before they expire so don't wait too long to use them.

DraftKings includes lots of great ongoing promotions throughout the season, too, which change depending on what’s attracting the most interest in the sporting calendar. They include profit boosts, no-sweat bets, and early payouts on the likes of the NFL, NBA, soccer, and more.

Head over to our DraftKings KY promo page for more info.

» Check out our full DraftKings sportsbook review to learn more about this operator.

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

DraftKings Sportsbook KY Ratings

⭐ WSN rating: 4.8/5
⭐ Apple App Store: 4.7/5
⭐ Google Play Store: 4.6/5

Claim your KY Promo at DraftKings. CTA icon

DraftKings Pros and Cons

Pros Top notch customer support
Pros $5 minimum deposit
Pros A wide range of betting markets
Cons No phone support

3. bet365 Kentucky Promo Code

bet365 Kentucky Promo

bet365 offers a double feature welcome offer. It offers new users $150 after depositing just $5, perfect for beginners, but if you like playing with higher stakes, you have the option of getting a first-bet safety net of up to $1,000.

bet365 has its origins in European sports betting and has been making waves in the US for a couple of years now. Its tried and tested platform is easy to use and beginner-friendly, with a deep range of betting markets that includes some more obscure Euro sports.

» You can read our bet365 sportsbook review at this link or check out our bet365 KY promo page to discover more bonuses.

💰 Sign up offer: $1,000 Safety Net Bet OR $150 in Bonus Bets

bet365 Sportsbook KY Ratings

⭐ WSN rating: 4.5/5
⭐ Apple App Store: 4.8/5
⭐ Google Play Store: 4.6/5

Claim one of bet365 KY promo offers. CTA icon

bet365 Pros and Cons

Pros Competitive odds
Pros Two welcome offers
Pros 24/7 customer support
Cons Available only in 10 states
Cons Outdate design

4. FanDuel Kentucky Promo Code

FanDuel Kentucky Promo

FanDuel is one of the top sportsbooks in the US. Its mobile app is especially well-regarded, leading the way in reviews on both the App Store and Google Play Store. FanDuel is also likely to make waves in Kentucky because of its association with Churchill Downs, the racing company behind the Kentucky Derby.

FanDuel's welcome offer is similar to DraftKings's. All you have to do is register via our exclusive link and place at least a $5 bet and if your bet wins you'll get $150 in bonus bets on top of your winnings.

And you can discover more FanDuel Kentucky promo codes here.

» You can find our detailed FanDuel sportsbook review here.

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

FanDuel Sportsbook KY Ratings

⭐ WSN rating: 4.8/5
⭐ Apple App Store: 4.8/5
⭐ Google Play Store: 4.7/5

Grab your FanDuel KY promo. CTA icon

FanDuel Pros and Cons

Pros Fast withdrawal time
Pros Best mobile app in industry
Pros Live player props
Cons No loyalty program

5. Caesars Kentucky Promo Code

Caesars Kentucky Promo

Caesars has an excellent offer in all states, and Kentucky is no exception. If your first cash bet loses, you'll get it back as a bonus bet - up to the value of $1,000. Just make sure to register with our promo code: WSN1000.

In addition to the second-chance bonus, Caesars membership comes with perks at real-life Caesars facilities, so it's not a bad idea to check it out.

» For more information, check out our Caesars Sportsbook review and take advantage of everything it has to offer.

💰 Sign up offer: Up to $1,000 in Bonus Bets
🤩 Promo Code: WSN1000

Caesars Sportsbook KY Ratings

⭐ WSN rating: 4.3/5
⭐ Apple App Store: 4.6/5
⭐ Google Play Store: 4.2/5

Use WSN1000 and get your KY promo CTA icon

Caesars Pros and Cons

Pros Caesars Rewards loyalty program
Pros Excellent referral offer
Pros Well known brand
Cons Limited number of ongoing promos

How to Claim Your KY Sportsbook Bonus

To claim any of the bonuses on this page, just click the corresponding sign-up link. You’ll be redirected to register for an account with your chosen sportsbook, and we’ll auto-fill any promo code required to unlock the bonus.

Whichever book you choose, the sign-up process is pretty similar. The Kentucky Lottery Commission requires that every legal sportsbook in the state gather certain information about its players and verify their identity using a copy of their personal ID. You must be at least 18 years old to register and bet.

Below, you can see the information required to create an account:

  • Email address

  • Password

  • Name

  • Date of birth

  • Address

  • Cell phone number

  • Four digits from your SSN

  • Promo code (optional, auto-filled when you use our links)

Depending on the type of bonus you want to claim, just creating an account might be enough to trigger it. In the case of a no-deposit bonus, for instance, your bonus cash should be ready and waiting for you as soon as your account is set up. In some cases, you may have to enter a sportsbook bonus code to get the full benefits of a welcome bonus.

Other bonuses require a qualifying deposit or a qualifying first bet to become active. For example, to unlock your $200 in bonus bets at DraftKings KY, you need to sign up, make a deposit and place your first bet of at least $5.

Whichever bonus you choose, make sure you follow the instructions carefully step-by-step, and you’ll have no trouble.

What Type of Sports Betting Promotions Are There in Kentucky?

Kentucky sportsbooks are offering a full suite of bonuses and promotions for new players. Here are the most common offers you can claim in Kentucky:

Deposit Bonus

A welcome or sign-up bonus is any kind of one-time-only offer players get in exchange for signing up to a sportsbook, and one of the most common types of welcome offer is the deposit match bonus. Just like it sounds, this means the sportsbook will match some or all of your first deposit with bonus cash, up to a certain value.

100% match bonuses - meaning you effectively start with double the bankroll - are common, often up to a value of around $1,000. As with all the bonuses on this list, the money you receive as part of a deposit bonus is subject to certain terms and conditions before it can be withdrawn. There's more detail about them in the next section.

No Deposit Bonus

A no-deposit bonus is any type of welcome bonus that doesn’t require you to deposit any of your own money to unlock. The bonus will usually be in the form of either a small amount of bonus cash or a bonus bet, often worth around $10 or $20.

No deposit bonuses are great because they mean you can try out a site without worrying about spending your own money. If you like it, great. You can deposit some more money down the line. If not, there is no sweat and no pressure to continue.

The only catch is that if you win money from a no-deposit bonus, your winnings are normally locked until you deposit some money. This is meant to prevent people from claiming their bonuses and simply immediately withdrawing their winnings.

Bonus Bets

Bonus bets are a very common type of promotion at KY sportsbooks. They work like betting vouchers, which can only be used to place bets, usually at specified minimum odds. When you win with a bonus bet, you only receive the winnings, as opposed to the stake plus the winnings. Some sportsbooks offer bonus bets in specific denominations (like $10, $20, or $50), while others let you split up bonus bets in whatever size wagers you want.

Lots of sportsbooks hand out bonus bets as part of a welcome offer and also as ongoing promotions to keep existing players happy.

Second-Chance Bets

Second-chance bets are another common welcome offer, likely to appeal to more cautious bettors. Here’s how they work: you sign up, make a deposit and place your first qualifying bet. If it wins, great. If it loses, your bet gets refunded up to a certain amount, normally as a bonus bet.

It’s like getting some insurance on your first bet.

Reload Bonuses

A reload bonus is just like a deposit bonus, only for later deposits. While welcome bonuses often offer 100% match bonuses, reload bonuses tend to have a smaller percentage, like a 20% boost on your deposit.

While not overly common, some sportsbooks offer one reload bonus per week or per month. If you’ve lost a little interest and haven’t bet in a while, some sportsbooks also send personalized reload offers via email.

Refer-a-Friend Offers

Lots of sportsbooks have referral programs where you can benefit from getting a friend to sign up. Normally, your friend has to join using the link connected to your account or via a unique code. Once they do, and make a qualifying deposit, both you and them will receive some kind of reward, often some bonus bets.

It’s a win-win-win for everyone.

Odds Boosts

This is probably the most common type of on-going promotion. Every day or every matchweek, sportsbooks choose certain betting markets to receive enhanced odds. This sweetens the pot and encourages people to bet. Sportsbooks often target the most popular games and events with odds boosts, to attract the most interest.

Some books even let players choose the bets they want to boost themselves.

Parlay Bonus

A parlay bonus is like an odds boost, specifically for parlays. Normally, the more legs you add to your parlay, the more the odds get boosted. For instance, a three-leg parlay might qualify for a 5% boost, a four-leg parlay for a 10% boost, a five-leg parlay for 15%, and so on.

Parlay boosts can really enhance your payouts if you hit a multi-leg winner. Check out our guide to the best parlay betting sites for more details on how to get the most out of your parlays.

Reward Programs and Real Prizes

Loyalty programs are designed to reward returning customers who spend a lot of time (and money) on the site. While more commonly associated with online casinos, many betting sites also include sports betting as part of their reward programs.

Any time you bet, you earn loyalty points, which you can cash in for various prizes and bonuses. The more points you earn, the higher you climb in the program, unlocking benefits along the way.

You can even win real prizes in this way. For instance, Caesars Rewards hands out concert tickets and restaurant and hotel vouchers for Caesars resorts around the country.

Terms and Conditions to Look Out For

As I’ve mentioned a couple of times now, all the bonuses I've described on this page come with some sort of a catch.

Sportsbook bonuses are a legit way to save money and boost your chances of winning but, at the same time, sportsbooks are not in the business of handing out free money. To truly understand and potentially profit from sports betting bonuses, you need to understand their terms and conditions.

Let's take a deep dive into the small print to help you get the most out of your bonuses.

Wagering Requirements

Wagering requirements, also known as playthrough or turnover, are the single most important factor to be aware of when you claim a bonus. They are rarely advertised very prominently; instead, you’ll have to open up the bonus terms and conditions page to find them.

This is the number of times a player needs to gamble with some money they received through a bonus before it can be withdrawn. Until the wagering requirements are complete, the money will be locked. 

Here’s how it works: let’s say you get $50 in bonus cash via a welcome bonus, with wagering requirements of 5x. In order to convert this bonus cash into regular money you can withdraw, you first need to use it to place bets totaling $250 or $50 x 5.

The good news is that the wagering requirements with sportsbook bonuses (as opposed to casino bonuses) tend to be small. Most offers include requirements of just 1x, meaning you simply need to gamble with the money once to unlock it.

Almost all money you receive via a bonus, whether from a no-deposit bonus, a match bonus, or the money you get back from a cashback offer, is subject to wagering requirements. The bonus bets also need to be used on bets with certain minimum odds to qualify, usually something like -300 or higher.

Minimum Deposit

The concept is simple. You need to deposit a certain amount of money to trigger a bonus. This can be a cashback offer or unlocking some bonus bets. The threshold varies depending on the sportsbook, but a $10 or $20 deposit is often enough to claim a bonus.

Qualifying Bet

Similar to a minimum deposit, some sportsbooks require you to place a qualifying first bet to trigger a bonus. It needs to be worth at least a certain value and placed at specific odds. For instance, to get the $150 bonus bets at bet365, you need to place a qualifying wager of $5 or more.

Expiration Date

All bonuses come with time limits attached, and if you don’t fulfill the conditions within the allotted time, you forfeit your bonus. This is most relevant for larger bonuses with high wagering requirements, which might take a while to clear.

Bonus bets often expire after a few days or weeks. Make sure you check the expiration date to avoid losing your bonus.

Max Bet / Max Win

Many sportsbooks cap the amount of money you can win via a bonus. For example, you may only be able to place a bet up to $50 on bets with boosted odds.

Best KY Sportsbook Promos by Sport

Despite boasting no franchises in the major leagues, sports and betting both have a rich history in Kentucky. Outside of the big four, the major highlight on the sporting calendar is the Kentucky Derby, which takes place on the first Saturday in May at Churchill Downs.

The state is a hotbed of horse racing, and the 2024 Derby is likely to be a major attraction at the sportsbooks. Expect plenty of promos and special offers for horse racing in the Bluegrass State.

NFL

It’s no coincidence that legal sports betting launched in Kentucky to coincide with Week 1 of the 2023 NFL season, traditionally one of the busiest weeks of the year at online sportsbooks in the US. Most of the top sportsbooks have special NFL bonuses, but the pick of the bunch might be BetMGM's offer of $1,500 in bonus bets.

NBA

Despite not having a major league basketball team itself, Kentucky is surrounded by states with NBA teams like the Cleveland Cavaliers and the Indiana Pacers. The NBA season is likely to prove very popular at KY sportsbooks, with nearly daily action throughout the season. DraftKings is especially well regarded for NBA promos, offering daily no-sweat Same Game Parlays throughout the regular season and tons of special offers in the postseason.

MLB

The neighboring Cincinnati Reds have a decent following in Kentucky and, along with the Bengals in the NFL, may well prove to be the major league team that attracts the most action from Kentucky bettors. Both FanDuel and Caesars have some excellent on-running MLB promos that get updated weekly, including odds boosts and parlay bonuses.

NHL

Kentucky is not really hockey country, but the behemoth that is the NHL is still likely to find its fair share of action at KY sportsbooks. It’s hard to look past BetMGM for NHL betting, thanks in no small part to their sponsorship deal with one Wayne Gretsky. You can find lots of hockey promos at BetMGM, including goal bonuses and SGP promos.

Can I Claim Welcome Bonuses from More Than One Sportsbook in Kentucky?

Absolutely. Signing up for multiple sportsbooks is a great idea for several reasons. 

Welcome bonuses tend to be the most valuable promo out there, and they are a one-time-only offer. Joining multiple books effectively means you get access to a wider variety of the most valuable offers in Kentucky.

Having access to different books is also essential for line shopping: checking around for the best price for your bets before you place them. These small margins can accumulate a lot over a relatively short period of time, boosting your winnings.

It’s worth remembering that you can’t create multiple accounts at the same sportsbook. For more casual bettors, signing up to multiple books might feel like too much hassle.

But if you do, it can be very rewarding.

Responsible Gambling Support in Kentucky

Betting on sports can be fun, but only as long as you are in control and maintain a healthy relationship with gambling.

Only bet with money you can afford to lose, and consider setting a weekly or monthly gambling budget. You should never turn to gambling as a quick fix to make money and recognize that, even if short-term wins are possible, the house always wins in the end.

If you’re struggling with gambling in Kentucky, there are lots of resources available to you.

The Kentucky Lottery Commission has a section dedicated to promoting responsible gambling. You can also call 1-800-GAMBLER to talk to a professional from the National Council on Problem Gambling.

tip_r

WSN Responsible Gambling Center

WSN has a Responsible Gambling Center written by health and gambling experts Daniel Umfleet and Pat Eichner. This center provides valuable information to gamblers in Kansas and throughout the United States. It includes advice on how to gamble responsibly, warning signs to be aware of, and resources to whom you can turn for help. WSN is committed to ensuring that players can enjoy gambling safely and responsibly.

Final Verdict

It’s a very exciting time to be a sports fan in Kentucky, with the state on the cusp of a whole new world of sports betting. The best way to jump into this world right now is with one of the welcome bonuses available when you register with a Kentucky sportsbook.

Just click our sign-up links above to lock in your bonus today.

For any sports betting bonus you come across, I strongly recommend you check out the small print to understand exactly what you are signing up for. As long as you know what you’re doing, KY sports betting bonuses can make a genuine difference to your bottom line.

Stick to the bonuses at licensed and regulated KY sportsbooks, gamble responsibly, and, most importantly, have fun.

Is Sports Betting Legal in Kentucky?

How Old Do I Need to Be to Bet on Sports in Kentucky?

What Sportsbooks Are Available in Kentucky?

What Is the Best Sports Betting Bonus Available in Kentucky?

Do I Need a Promo Code to Claim a KY Bonus?

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

Rhianna Padman

59 Articles

Rhianna started her career in iGaming after graduating from the University of Exeter in 2022. She was introduced to the world of iGaming while living in Malta, developing a keen interest in sports and casino betting.

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