This page brings you the latest sportsbook promotions and bonus offers from trusted names like BetMGM, DraftKings, FanDuel, and Caesars. Our team updates the listings regularly, making it simple for you to find bonus bets, deposit matches, and other valuable sign up bonuses. Whether you’ve been betting for years or are just starting out, there’s a promotion here that fits your style.

Best Sports Betting Promos Overview

Top 3 Sportsbook Promotions For Today

Below, our betting experts have ranked the best sportsbook promos available right now. We’ve compared the top sites based on welcome bonuses, bonus amounts, wagering requirements, and other key factors. Some sportsbook offers are easy to claim, while others have specific terms you need to follow. Here’s everything you need to know to successfully claim the top sportsbook promos during the 2025 NHL and NBA Playoffs, including our rankings of the nine best welcome bonuses available today.

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#1 DraftKings Sportsbook Welcome Offer

Promotion Summary:

• Bet $5, Get $200 in Bonus Bets Instantly: Place a $5 wager and receive $200 in bonus bets, regardless of the bet’s outcome.
• 20% Deposit Match up to $1,000: DraftKings will match 20% of your initial deposit, up to $1,000 in bonus funds.​

No Promo Code Required: Offers are automatically applied upon meeting the qualifying criteria.

Offer Valid: Through April 30, 2025

Pros

• Immediate Rewards: Bonus bets are credited instantly after qualifying bets.
• No Promo Code Needed: Simplifies the sign-up process.
• Wide Accessibility: Available in multiple states across the U.S.
• Daily Odds Boosts & Bonus Tokens

Cons

• Wagering Requirements: The 20% deposit match bonus comes with a 25x playthrough requirement within 90 days.
• Bonus Bet Expiration: Bonus bets must be used within seven days.
• State Restrictions: Deposit match offer not available in Massachusetts.

Key Terms & Conditions

• Deposit Match Details: 20% match up to $1,000; requires a 25x wagering of the bonus amount within 90 days.
• Eligibility: Must be 21+ (18+ in select states) and located in a state where DraftKings Sportsbook operates.
• Minimum Deposit: $5
• Bonus Bet Usage: Bonus bets are non-withdrawable and must be wagered; winnings from bonus bets are withdrawable.

How To Claim:

The DraftKings $200 bonus is a promotion for new sportsbook users. To claim it, first sign up at DraftKings Sportsbook and deposit at least $5 into your account. Then, place a first bet of $5 or more on any market. Immediately after your wager is placed, you’ll receive $200 in bonus bets, credited directly to your account.

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#2 Bet365 New User Bonuses

bet365 offers new users a choice between two welcome promotions:

1. Bet $5, Get $150 in Bonus Bets (Win or Lose)
   Place a qualifying $5 wager and receive $150 in bonus bets, regardless of the outcome.
2. First Bet Safety Net up to $1,000
   Place your first bet, and if it loses, receive a refund in bonus bets up to $1,000.

These offers are available in multiple U.S. states, including Arizona, Colorado, Illinois, Indiana, Iowa, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, and Virginia.

Pros

• Flexible Bonus Options: Users can choose between a guaranteed bonus or a first bet protection.
• Low Entry Barrier: Only a $5 bet required to qualify.
• Wide Availability: Accessible in numerous U.S. states.
• Reputable Operator: bet365 is a globally recognized and trusted sportsbook.

Cons

• Bonus Expiry: Bonus bets expire 7 days after being credited.
• Limited to New Users: Offers are only available to new customers.
• Promo Code Requirement: Users must enter the correct promo code during registration.

📋 Key Details

• Minimum Deposit: $10
• Eligibility: Must be 21+ (18+ in select states) and located in a state where Bet365 operates.
• Qualifying Bet: $5 minimum at odds of -500 or greater
• Bonus Bet Expiration: 7 days after issuance
• Promo Code: ATSBONUS

How To Claim

The bet365 bonus code is ATSBONUS. When signing up with this code, new users can choose between two welcome offers: Bet $5 to instantly get a $150 bonus in bet credits, or use the safety net promo to bet up to $1,000 first bet safety net. You must be 21 or older and physically located in eligible states.

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#3 BetMGM New User Sign Up Promo

BetMGM offers new users a choice between two attractive welcome promotions:​

1. First Bet Offer: Up to $1,500 Back in Bonus Bets
   Place your first wager, and if it loses, receive the amount back in bonus bets, up to $1,500.
2. Bet $10, Get $150 in Bonus Bets
   In select states (CO, MI, NJ, PA, WV), place a $10 bet and receive $150 in bonus bets if your bet wins.

These offers are available in multiple U.S. states, including Arizona, Colorado, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, Washington D.C., West Virginia, and Wyoming.

Pros

• Higher First Bet Protection: Offers one of the largest “first bet insurance” amounts in the industry (up to $1,500), giving bigger bettors extra confidence.
• Ongoing Promotions: BetMGM regularly runs extra promos like parlay insurance, odds boosts, and rewards points — not just a one-time welcome offer.
• MGM Rewards Integration: Bets earn points in the MGM Rewards loyalty program, which can be used for hotel stays, dining, and more.
• Strong Mobile App: BetMGM’s mobile app is known for its reliability and user-friendly design, making it easier for beginners and pros alike.

Cons

• Smaller Bonus on Small Bets: Casual bettors making only the minimum bet might not find as much value compared to offers that guarantee bonus cash.
• State-Specific Variations: Some promotions are only available in certain states, which can be frustrating if you see an ad that doesn’t apply to you.
• Payout Speed: Some users report that withdrawals can take a little longer compared to top competitors like FanDuel.

Key Details

• Minimum Deposit: $10
• Qualifying Bet: $10 minimum at odds of -200 or greater
• Bonus Bet Expiration: 7 days after issuance
• Promo Code: ATSBONUS

How To Claim

To claim the BetMGM new user promo, follow these steps:

1. Register: Sign up for a new BetMGM Sportsbook account online or via the mobile app.​
2. Deposit: Make a minimum deposit of $10 into your account.​
3. Place Your First Bet:
   • $150 Bonus – Bet $10 or more on your first bet. If your first bet wins, you’ll receive $150 in bonus bets.
   • First Bet Offer – Bet $10 up to $1500, If it loses, you’ll get up to $1,500 back in bonus bets.

State Sportsbook & Sports Betting Bonus Guide

Want to see the best sportsbook bonuses available in your state? Check out our full list of state-specific bonus pages below!

Legal sports betting promos by state

Existing User Sportsbook Promotions For: May 2, 2025

Sportsbooks don’t just reward new users — loyal players can grab plenty of great deals too. From boosted odds to risk-free bets and referral bonuses, there are plenty of ways to keep stacking value after you’ve signed up. We’ve pulled together the best ongoing promotions from top names like BetMGM, FanDuel, DraftKings, bet365, and Caesars. Whether you’re looking for a little extra insurance on a parlay or some bonus cash for sending a friend their way, you’ll find a promotion here that fits. Check out the full list below and see which offers you can cash in on today.

Introduction to Sports Betting

Sports betting — wagering on the outcome of games and events — has long been a popular way for fans to get even closer to the action. Thanks to online sportsbooks, placing bets on favorite teams and players is easier than ever. Whether you’re new to betting or already have experience, understanding a few key basics can help you enjoy the process more and increase your chances of success. In this guide, you’ll find a simple breakdown of how sports betting works, the types of bets you can place, and how promotions can add extra value to your wagers.

Understanding the Basics

Before you place your first bet, it’s important to learn the basics. There are several common types of bets, and knowing how they work will make your experience smoother:

• Moneyline Bets: Pick the team or player you think will win. It’s as straightforward as it sounds.
• Point Spread Bets: Here, you’re betting on the margin of victory, not just who wins.
• Over/Under (Totals) Bets: You’re predicting whether the total points scored will be higher or lower than a set number.

Another key piece to understand is odds. Odds tell you how much you stand to win and show how likely an event is to happen. Plus, it’s smart to learn about sportsbook promotions early on. Online sportsbooks often offer bonus bets, deposit matches, and other special deals to make betting more exciting and rewarding.

Why Sports Betting is So Popular

There’s a good reason sports betting keeps growing. It adds a fresh layer of excitement to every game, giving fans a personal stake in the outcomes. Picture your team scoring a last-minute goal — not only do you celebrate the win, but it could also mean a big payout for you.

For many, sports betting offers the chance to turn their knowledge into real winnings. When approached with a smart plan and some understanding, betting can be both fun and financially rewarding. Online sportsbooks also sweeten the deal by offering welcome bonuses, deposit matches, and odds boosts. These promos don’t just offer extra value; they also help new bettors feel more comfortable and make the whole experience a lot more fun.

Types Of New User Sportsbook Promos

Just about every online sportsbook, casino, or social casino in the industry will give you a welcome bonus: a sign-up promo when you make your first deposit. Many of the legal gambling sites now give those bonuses to you in the following the following ways:

1. No Deposit Bonus – Very popular among online casinos, sweepstake casinos, DFS sites, and, in some cases, sportsbooks. This bonus allows users to try the site out by completing a new user registration.
2. First Bet Offers AKA Risk-Free Bets – The most common sportsbook promotion for legal US sportsbooks, bettors can place a first wager and receive bonus bets back if the best loses.
3. Bet & Get or Bet & Win is a newer bonus offered throughout the US for first-time users. Users place a wager and get bonus bets back to try out the betting site.
4. Deposit Match – Rare amongst online sportsbooks but common among real money casinos and DFS sites. Users make a deposit and get a match in bonus or site credit up to a certain percentage of the deposit.
5. Odds Boosts – Unique to sports betting sites only, new and existing users are treated to improved odds on a sports event or prop.
6. Existing User Bonuses – player perks for another deposit, login bonus or rewards based on play.

When to Find the Best Sportsbook Promotions by Sport

Sportsbook promotions pop up all year long, but their timing often depends on the seasons and major sporting events. For example, NFL promo codes are everywhere during the fall and winter, but once summer hits—and football takes a break—those deals pretty much disappear. Meanwhile, MLB promotions show up like clockwork during spring training and the regular season but get rarer by December. Let’s walk through the major sports leagues and when you’re most likely to snag the best betting promos.

NFL and College Football Betting Promos

Fall isn’t just for pumpkin spice—it’s prime time for NFL betting promos. As the regular season heats up, sportsbooks roll out a flood of offers, like profit boosts, touchdown bonuses, and No Sweat same-game parlays. Big sites like DraftKings and FanDuel even get creative with promotions—remember FanDuel’s “Kick of Destiny” campaign?

Then there’s the Super Bowl, the Holy Grail of betting promotions. In February, sportsbooks go all-out, offering bonus bets usually between $150 and $200, along with special contests and huge odds boosts. If you’re planning to bet on the Super Bowl, you’ll want to check out our up-to-date Super Bowl betting guides for the latest offers and advice.

On the college side, bowl season kicks off in mid-December and stretches into January. While not every bowl game comes with promotions, big names like the Rose Bowl and Orange Bowl often feature exclusive bonuses and deals to keep the excitement going well beyond the field.

NBA and College Basketball Betting Promos

Once the NBA season tips off, sportsbooks waste no time rolling out special deals. Primetime games—usually Saturday and Sunday nights—are hotspots for bonus bets and NBA promotions. Plus, Christmas Day is a massive event for NBA betting, and this year’s new mid-season tournament in December is expected to bring even more promos to the table.

Big events like the NBA All-Star Game, the Slam Dunk Contest, and the 3-Point Shootout also bring a fresh wave of sportsbook bonuses. If you love basketball, these events are a perfect excuse to hunt down special betting deals.

College basketball gets rolling in late November with preseason tournaments, and that’s when the first promos usually appear. But let’s be real—March Madness is where the magic happens. This tournament season is packed with offers, from free bets to parlay insurance. Legendary rivalries like Duke vs. North Carolina also tend to bring out special, one-time-only promos for fans looking for an edge.

NHL Betting Promos

The NHL season kicks off in October, and along with it come some of the best hockey-related betting promos. Opening night usually features boosted odds or bonus bets to welcome fans back. Big events like the NHL All-Star Weekend—with its fast-paced skills competition—and the Winter Classic also spark special deals across major sportsbooks.

And when the Stanley Cup Playoffs begin in May, expect sportsbooks to double down with even more aggressive promos. DraftKings, for example, often offers NHL parlay boosts, giving players up to a 33% profit boost. Just head over to their app and check the promotions tab for the latest hockey-specific offers.

List Of Sportsbook Promos By Sport

• MLB Betting Promotions
• NFL Betting Promotions
• NBA Betting Promotions
• NHL Betting Promotions
• College Football Betting Promotions
• UFC Betting Promotions
• Golf Betting Promotions
• Tennis Betting Promotions
• Boxing Betting Promotions

Sportsbook promotions don’t happen randomly—they follow the rhythm of the sports world. Knowing when and where to find the best deals can make your betting experience a lot more exciting—and a lot more rewarding. Whether you’re all about NFL Sundays, March Madness thrillers, or chasing the Stanley Cup, there’s always a promo waiting around the corner.

How to Use a Sportsbook Promo Code

Using a sportsbook promo code is a great way to boost your betting experience — but getting the most out of it means following a few important steps. Here’s how to make sure you claim your bonus the right way:

1. Choose the Right Promo

Before signing up, take a little time to compare different sportsbook offers. Some promos match your style better than others. Look for trusted names like BetMGM’s ATSBONUS or Caesars’ ATSBONUSDYW. Once you’ve picked the offer you like best, keep the promo code handy for registration.

2. Sign Up for an Account

Head to the sportsbook’s website or app to start creating your account. You’ll need to enter basic information like your name, date of birth, address, phone number, and email. Make sure to enter your promo code when asked — some sportsbooks ask for it during sign-up and others right after.

3. Verify Your Identity and Location

State laws require sportsbooks to confirm who you are and where you’re betting from. You’ll be asked to upload a government-issued ID like a driver’s license. The site will also use geolocation services to check that you’re inside a legal betting state. Without completing these checks, you won’t be able to place bets.

4. Make a Deposit

Once your account is verified, it’s time to fund it. Different sportsbooks accept different deposit methods, so check their options first. Choose the one that works best for you and make your first deposit.

5. Claim Your Bonus

How you unlock your bonus depends on the promo you chose. Here’s a quick guide:

• Deposit Match: You’ll get bonus credits once your deposit goes through.
• Bonus Bets: After meeting small requirements, like placing a first wager, bonus bets will be credited.
• First-Bet Insurance: If your first bet loses, the sportsbook refunds your stake with bonus credits.

Always make sure you enter the promo code when required and meet all the conditions to activate your bonus. Keep in mind that bonus credits usually expire between 7 to 21 days after being issued, so plan to use them before they run out.

Following these simple steps will help you make the most of sportsbook promo codes and maximize the value of every bet you place.

Excited About Sportsbook Promotions? Here’s How to Play It Smart

Let’s be honest—there’s something pretty thrilling about snagging a big sportsbook promotion, especially if you’re new to online betting. These offers can open the door to some great opportunities. But before you jump in, it’s important to know exactly how they work—and even more important—to keep responsible gambling habits front and center.

Getting the Hang of Promotional Offers

DraftKings, for example, rolls out deals like “Bet $5 to get $250 in bonus bets” to hook new users with low-risk chances to win. Sounds great, right? And it is… if you take the time to read the fine print.

Some promos aren’t quite as low-risk, though. Offers like a “$1,000 first-bet bonus” sound amazing, but they require a hefty upfront bet. If that first $1,000 wager doesn’t hit, you don’t get your money back. Instead, you’ll get bonus bets to use later—but the original cash is gone for good if those bonus bets don’t work out either.

What You Need to Know About Deposit Match Bonuses

Deposit match bonuses can also seem like easy wins, but they usually come with strings attached. Let’s say you claim a $100 bonus—it might actually require you to wager $1,000 within a short window to “unlock” it. That kind of pressure can cause even the most careful players to blow past their budgets without realizing it.

That’s why it’s crucial to set clear betting limits from the start and stick to them, no matter what. Chasing losses by betting more rarely ends well—and trust me, it’s way easier to enjoy the game when you’re not stressing over your bankroll.

How to Keep Your Betting Fun—and Safe

Responsible gambling isn’t just a slogan; it’s about making thoughtful choices and recognizing the risks involved. Here are a few easy-to-remember habits:

• Set Personal Limits: Decide upfront how much time and money you’re comfortable spending, and respect those boundaries.
• Don’t Chase Losses: Losses are part of gambling. Doubling down to “win it all back” almost always leads to deeper losses.
• Understand the Odds: Every bet carries risk. There’s no surefire system to guarantee wins—luck plays a bigger role than most people like to admit.
• Take Breaks: Whether it’s stepping away for a meal or taking a few days off, regular breaks can help you stay balanced and clear-headed.

And hey—if you ever feel like gambling is taking more from you than it’s giving, you’re not alone. Help is available 24/7. The National Council on Problem Gambling runs a confidential helpline at 1-800-GAMBLER, and you can also text them at 800GAM. DraftKings even offers in-app tools to help you set budgets, time limits, or take a breather whenever you need it.

Wrapping It Up

Chasing the thrill of sportsbook promos can absolutely be part of the fun. Just remember, the real win is keeping your finances—and your peace of mind—intact. Play smart, know the risks, and betting can stay what it should be: an exciting, enjoyable experience.

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