Biggest Sportsbook Bonuses & Best Sign Up Offers For May

Welcome to the exciting world of sports betting! Whether you’re brand new to the industry or a seasoned veteran, we’re here to provide you with the best sportsbook bonuses and promotions in the United States and beyond. Keep reading to learn about the top offers on the market today, where they’re available, how to claim them, and everything else you’ll need to know to get started!

How Do Sportsbook Bonuses Work?

The vast majority of U.S. sportsbooks offer generous welcome offers and bonuses to attract new players and add to the excitement. No matter which sports betting site you choose, you’ll need to sign up for an account and verify your information to claim your new player bonus.

The promotional offers come in a variety of different forms and structures, but they are guaranteed to help you get off to a fantastic start on the platform. You’ll receive bonus funds, second-chance bets, and much more as soon as you join your preferred sportsbook and start experiencing all it has to offer!

Best Sportsbook New Player Bonus Offers

There are plenty of exciting bonuses and promotions available to new sports bettors in the United States. A few of the top offers are listed and explained below.

Bet365 Sportsbook

Bet365 Sportsbook has one of the top offers among sports betting sites. All new players can register for an account and place just a $1 wager on any betting market of their choice to receive $200 in bonus bets. The $200 reward is guaranteed regardless of your first bet’s outcome, and it will be awarded as soon as your first wager is settled.

Bet365 Sportsbook is one of the best sports betting platforms across the globe. Players will have the option to bet on a wide variety of sports and leagues across the world, and the bet365 Sportsbook live betting experience is one of the best in the industry. You’ll be able to place in-game wagers on all your favorite players and teams while also live streaming games right on the bet365 website or mobile app.

BetMGM Sportsbook

Another high-quality sportsbook in the United States is BetMGM. The BetMGM First Bet Offer is providing all new players with up to $1,000 paid back in bonus bets if their first wager happens to be unsuccessful. This means all first-time users can rest easy knowing that they will get a 100% refund of up to $1,000 in bonus funds if their first bet is not a winner.

BetMGM Sportsbook provides all customers with excellent customer service as well as some of the best odds on the market. In addition, users will also have access to plenty of exciting promotional offers, including but not limited to referral bonuses, free-to-play games, and parlay insurance.

BetRivers Sportsbook

The BetRivers Second Chance Bet is a great opportunity for all new customers, as they will receive up to $500 back in bonus funds if their first wager is not a winner. There are no minimum odds for this amazing new player bonus offer, and the bonus bet awarded will be available for a period of 30 days after issuance.

BetRivers Sportsbook is one of the top platforms when it comes to daily odds boosts. Users will receive enhanced odds on a wide range of betting markets, including same-game parlays and prop bets. Additionally, customers will be able to place bets on a wide range of American sports as well as international leagues all across the world.

Caesars Sportsbook

Caesars Sportsbook is giving all new customers a chance to Go Full Caesar and get up to $1,250 back in bonus bets if their first bet on the platform is not successful. This substantial first-bet insurance is guaranteed to all first-time players who join the Caesars community and do not cash in on their first wager.

If you’re looking for a top-tier customer loyalty program, then Caesars Sportsbook is the best option for you! The Caesars Rewards Program provides special benefits and prizes to players for their consistent play and dedication to the platform, and you’ll receive rewards ranging from bonus bets to hotel accommodations at any of the Caesars Entertainment resorts located across the nation.

DraftKings Sportsbook

You’ll also want to consider the DraftKings Bet $5 Get $200 promo, which provides $200 in bonus bets to all new users who place any wager of at least $5 on the site. Win or lose, you are guaranteed to receive $200 in bonus funds that can be used on any game or matchup of your choice.

DraftKings Sportsbook is arguably the best sports betting platform when it comes to providing a wide range of alternative lines and totals as well as plenty of prop betting markets. You’ll also get to benefit from frequent bonus opportunities, such as profit boosts, odds surges, and same-game parlay insurance.

FanDuel Sportsbook

Last but not least, FanDuel Sportsbook provides a No Sweat First Bet of up to $1,000, meaning you are guaranteed to receive a full refund in the form of bonus bets if your first wager is not a winner. The awarded bonus funds do not need to be used in one lump sum, and you will be able to update the number of bonus bets you would like to wager in your betslip.

FanDuel Sportsbook has an excellent mobile app for all customers to use. It is very user-friendly, well-designed, and easy to navigate. As a result, you’ll have no problem flipping between different betting markets, promotional offers, and account information while using FanDuel Sportsbook.

How To Claim Your Sportsbook Bonus Offer

Are you ready to sign up and claim your new player bonus offer? Just follow the steps below to get started!

1. Choose Your Preferred Sportsbook: Pick a sportsbook that aligns well with your personal preferences and betting style, and visit its website or mobile app.
2. Register for an Account: Begin the sign-up process. Enter all necessary personal information, choose a username and password, and agree to the Terms & Conditions.
3. Verify Your Information: Follow the on-screen instructions provided by your sportsbook to complete the account verification process. You may need to provide your social security number or upload a form of photo identification (e.g., driver’s license, ID card, or passport).
4. Make a Deposit: Add funds to your account by making your first deposit using any of the safe and secure payment options offered.
5. Claim Your Welcome Offer: Be sure to claim the welcome offer or new player bonus provided by your preferred sportsbook by placing a qualifying wager or following the necessary instructions provided.
6. Start Placing Bets: Begin placing bets on all your favorite players, teams, and leagues. Good luck!

Types of Sportsbook Bonuses

There are many different types of sportsbook bonuses offered to new customers. Here are a few of the most common options available today:

Bet & Get Bonus

Bet & Get bonuses are opportunities for players to earn bonus bets by placing a qualifying wager that adheres to any minimum odds or minimum stake requirements. In general, as soon as you place the qualifying bet, the sportsbook will credit your account with a bonus, which can be in the form of free bets, bonus funds, or other rewards. The bonus is typically separate from your initial wager and can be used to place additional bets on the game of your choice.

First Bet Insurance

In addition, many sportsbooks provide first-bet insurance to new users, which guarantees a 100% refund in the form of bonus bets of up to a maximum amount ($500, $1,000, etc.) if your initial wager on the platform is unsuccessful. This allows new bettors to relax without worrying about losing big on their first bet on the site.

Deposit Match Bonus

Sports betting sites will also periodically provide deposit-match bonuses to new customers. In other words, they will offer a percentage of your deposit with bonus funds. For instance, if the sportsbook offers a 50% deposit match bonus of up to $200 and you deposit $200, you will receive an additional $100 in bonus funds right from the start.

No Deposit Bonus

Lastly, although they are more commonly offered by online casinos, some sportsbooks may offer no-deposit bonuses to new users. No-deposit bonuses allow players to collect bonus funds as soon as they verify their account and without making any initial purchases or payments of any kind.

Where Can I Claim Sportsbook Bonuses & Promotions?

Are you unsure if sports betting is legal in your state? You can currently sign up and start legally betting on sports in the following states and jurisdictions:

• Arizona
• Arkansas
• Colorado
• Connecticut
• Delaware
• Illinois
• Indiana
• Iowa
• Kansas
• Louisiana
• Maryland
• Massachusetts
• Michigan
• Mississippi
• Montana (Retail)
• Nevada
• New Hampshire
• New Jersey
• New Mexico (Retail)
• New York
• North Dakota (Retail)
• South Dakota (Retail)
• Ohio
• Oregon
• Pennsylvania
• Rhode Island
• Tennessee
• Virginia
• Washington (Retail)
• Washington D.C.
• West Virginia
• Wyoming

It is expected that many more U.S. states will legalize sports betting in the not-so-distant future. In addition, several states (such as Kentucky, Maine, and Nebraska) have legalized the practice but are currently in the process of working to launch their first online and retail sportsbooks.

Sportsbook Promo Code vs. Bonus Code

It is very common for new sports bettors to use promo codes and bonus codes to claim their new player sign-up bonuses, but what is the difference? In essence, there is no distinction between promo codes and bonus codes. Both can be used to claim special promotional offers during the registration process or while making your first deposit.

However, there are many cases in which a promo code or bonus code will not be necessary to claim your welcome offer when signing up with a new sports betting site. Refer to the table provided near the top of the page to find out if you will need to use a promo code or bonus code to claim your first bet insurance or guaranteed bonus funds today!

Best Strategies for Sportsbook Bonuses

While there is no foolproof method to guarantee success at the beginning of your sports betting endeavors, there are a few strategies and pieces of advice to use to increase your chances of success and get the most out of your sportsbook’s new player bonus. Here are a few tips and tricks to use:

• Do Your Research: Just because you’re using bonus bets or have first-bet insurance to fall back on doesn’t mean you should forego any research. Be sure to thoroughly research any team news, injury updates, statistical analysis, betting trends, or any other factors that could give you an advantage.
• Read the Terms & Conditions: Understand the terms and conditions associated with any sportsbook bonus or promotional offer before claiming it. This includes being aware of any minimum deposit amounts, time limits, or playthrough requirements that will need to be met.
• Pay Attention to Wagering Requirements: Understand that wagering requirements refer to the amount that must be wagered before you will be able to withdraw your bonus and any associated winnings. Always look for bonus opportunities with lower wager requirements, as there are typically multiple offers with just 1x or 5x wagering requirements that are much more appealing than 15x or 25x wagering requirements. 
• Utilize Customer Support: Don’t be afraid to reach out to your sportsbook’s customer support team if you have any questions regarding your sign-up bonus or welcome offer. They are always there to offer assistance and answer any questions you may have along the way.
• Consider Time Restraints & Expiration Dates: Be aware of any expiration dates on your bonus bets. It is important to read the fine print to know how long your bonus funds will be available before they expire and are no longer able to be used.
• Consider Other Important Factors: Do not choose a sportsbook solely based on the welcome offer it provides. They are plenty of other important factors to take into account (e.g., customer service, user experience, market depth, and other promotional deals) when choosing which betting site works best for you.

Frequently Asked Questions (FAQ)