Best Betting Offers & Sportsbook Bonuses - November 2026
Betting offers differ in more than size, as new customers choosing a first sportsbook and bettors opening an extra account both need an offer that suits how often they bet. Some US sportsbook bonuses pay after a single qualifying bet, while others release credits across several days or refund a first bet that loses. Minimum odds and expiry vary by operator, and state eligibility decides who can claim.
Fanatics Sport Welcome Offer Ts and Cs: 21+. New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, or WY (excludes NY). Apply promotion in bet slip and place a $1+ cash wager (min odds -200) daily for 10 consecutive days starting day of account creation. FanCash rewards will equal the qualifying wager amount (max $100 FanCash/day). FanCash issued under this promotion expires at 11:59 p.m. ET 7 days from issuance. Terms, incl. FanCash terms, apply—see Fanatics Sportsbook app. Gambling Problem? Call or Text 1-800-GAMBLER, 1-800-NEXT-STEP (AZ), 1-800-9-WITH-IT (IN), 1-888-532-3500 (VA), Call (877-8-HOPENY) or text HOPENY (467369).
Bet365 Sports Welcome Offer Ts and Cs: GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET (AZ, CO, IL, IN, KS, KY, LA, MD, MI, MO, NC, NJ, OH, PA, TN, VA) or 1-800-BETS OFF (IA). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). CALL 1-877-770-STOP (LA). 21+ only. Please gamble responsibly. Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/MI/MO/NC/NJ/OH/PA/TN/VA. Licensee partner Amelia Belle Casino. Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&Cs, time limits and exclusions apply.
Promo Code: BOOKIESBG1K
BetMGM Sports Welcome Offer Ts and Cs: Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. After making a first deposit in the amount of at least ten dollars ($10.00), Participants will receive One (1) No Sweat Token with a maximum stake of one hundred dollars ($100) every day for the first 10 days after successful first deposit. Each No Sweat Token must be used in a single transaction. Any unused amounts will be forfeited.Each No Sweat Token expires in 24 hours. Bonus Bets expire in seven (7) days and are non-withdrawable.
DraftKings Sports Welcome Offer Ts and Cs: GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new Sportsbook customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 21 days. Bonus Bets and click-to-claims expire 7 days (168hrs) after issuance. Terms: dkng.co/offer. Get 1 promo code to redeem a 3-month NBA League Pass subscription, complimentary of DraftKings. Subscription auto-renews monthly at then-current price (currently $16.99/mo); cancel anytime. Terms, restrictions, and eligibility requirements apply. Redeem League Pass by 12/19/26 at 11:59 PM ET. Addt’l terms: support.watch.nba.com/hc/en-us/articles/9165532876183-League-Pass-Terms-of-Use_. Ends 11/29/26 at 11:59 PM ET. Sponsored by DK.
FanDuel Sports Welcome Offer Ts and Cs: Must be 21+ to participate. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV). GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).
Best Sportsbook Bonuses Paid After One Qualifying Bet
These offers release their rewards after one qualifying wager. Borgata pays site credit while bet365 and BetMGM pay bonus bets, as the amounts run from $100 at Borgata through $150 at BetMGM's bet-and-get version to $200 at bet365. The qualifying bet is $10 at bet365 and BetMGM and $20 at Borgata.
Best Welcome Bonus For Win-Or-Lose Payouts - bet365
bet365 releases $200 in bonus bets after a $10 wager, paying out whether that qualifying wager wins or loses, which leaves the first bet's result with no bearing on the reward. Claiming takes a minimum deposit and a qualifying bet at the minimum odds but no promo code, while the package also adds 50 casino spins to the sports credit.
Founded in 2000 and built around live betting, bet365 streams select events in the app so a bet can be placed with the action in view. Cash Out lets a bettor settle early in full or in part, and Bet Builder combines markets from one game into a single bet for those who prefer to design their own wager.
Used 21 Times Today Bet365 Sports Welcome Offer Ts and Cs: GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET (AZ, CO, IL, IN, KS, KY, LA, MD, MI, MO, NC, NJ, OH, PA, TN, VA) or 1-800-BETS OFF (IA). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). CALL 1-877-770-STOP (LA). 21+ only. Please gamble responsibly. Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/MI/MO/NC/NJ/OH/PA/TN/VA. Licensee partner Amelia Belle Casino. Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&Cs, time limits and exclusions apply.
Best State-Based Welcome Offer For Larger Stakes - BetMGM Sportsbook Promo Code
Depending on the state, the BetMGM Sportsbook promo code unlocks a bet-and-get bonus that needs the qualifying bet to win. In certain states such as Michigan it unlocks a refund of up to $1,500 in bonus bets instead, paid if the first bet does not win. Bonus bets under either version are non-withdrawable and lapse after seven days.
The bet-and-get version is unavailable in DC, Mississippi, New York, Nevada, Ontario and Puerto Rico, while the refund version is unavailable in New York, Nevada and Puerto Rico.
BetMGM turns betting into rewards that reach beyond the app, since MGM Rewards points earned on wagers can be redeemed for resort stays and events at MGM properties, a clear draw for anyone who already visits those destinations. Parlay fans also get a builder that combines parlays from different games, plus select events streaming inside the app.
Used 24 Times Today BetMGM Sports Welcome Offer Ts and Cs: Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. After making a first deposit in the amount of at least ten dollars ($10.00), Participants will receive One (1) No Sweat Token with a maximum stake of one hundred dollars ($100) every day for the first 10 days after successful first deposit. Each No Sweat Token must be used in a single transaction. Any unused amounts will be forfeited.Each No Sweat Token expires in 24 hours. Bonus Bets expire in seven (7) days and are non-withdrawable.
Best Site Credit For New Jersey Players - Borgata
Borgata limits its welcome bonus to new customers in New Jersey, paying the reward as site credit instead of bonus bets. A qualifying wager unlocks that credit once a promo code has been entered at registration, though it stays non-withdrawable unless the operator's terms provide otherwise.
New Jersey bettors who like the BetMGM experience get it under the Atlantic City brand, on the same platform with matching betting tools, plus an online casino and poker room for anyone who wants more than sports. Loyalty points convert into MGM Rewards, while daily odds boosts, listed as House Specials, add a regular reason to check the app.
Used 35 Times Today Fanatics Sport Welcome Offer Ts and Cs: 21+. New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, or WY (excludes NY). Apply promotion in bet slip and place a $1+ cash wager (min odds -200) daily for 10 consecutive days starting day of account creation. FanCash rewards will equal the qualifying wager amount (max $100 FanCash/day). FanCash issued under this promotion expires at 11:59 p.m. ET 7 days from issuance. Terms, incl. FanCash terms, apply—see Fanatics Sportsbook app. Gambling Problem? Call or Text 1-800-GAMBLER, 1-800-NEXT-STEP (AZ), 1-800-9-WITH-IT (IN), 1-888-532-3500 (VA), Call (877-8-HOPENY) or text HOPENY (467369).
Top Sportsbook Bonuses Released Over Several Days
Multi-day welcome offers split the reward into installments, each with its own expiry period. A customer who skips a day can lose part of the total, so the schedule counts for as much as the headline figure. Credits arrive as bonus bets at DraftKings and FanDuel and as FanCash at Fanatics.
Best Weekly Bonus Offer For Fantasy Sports Players - DraftKings
DraftKings pays $200 in bonus bets after a $5 qualifying bet, released as $50 weekly installments that a customer claims with a click after logging in. Each credit lapses a week after it arrives, with the $5 bet starting the schedule.
No DraftKings Sportsbook promo code is needed, though some promotions also bundle a streaming code, such as an NBA League Pass subscription that renews monthly unless cancelled.
DraftKings rewards loyalty across more than sports betting, since Dynasty Rewards spans the sportsbook and the operator's casino and fantasy sports products and pays out in Crowns that can be redeemed for bonus bets or merchandise. Parlay builders get extra reach from SGPx, which combines parlays from different games into one bet, though select events stream in the app only for customers who have placed a wager on them.
Used 21 Times Today DraftKings Sports Welcome Offer Ts and Cs: GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new Sportsbook customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 21 days. Bonus Bets and click-to-claims expire 7 days (168hrs) after issuance. Terms: dkng.co/offer. Get 1 promo code to redeem a 3-month NBA League Pass subscription, complimentary of DraftKings. Subscription auto-renews monthly at then-current price (currently $16.99/mo); cancel anytime. Terms, restrictions, and eligibility requirements apply. Redeem League Pass by 12/19/26 at 11:59 PM ET. Addt’l terms: support.watch.nba.com/hc/en-us/articles/9165532876183-League-Pass-Terms-of-Use_. Ends 11/29/26 at 11:59 PM ET. Sponsored by DK.
Best Seven-Day Welcome Offer For Daily Wagers - FanDuel Sportsbook
FanDuel Sportsbook pays a $50 bonus bet for a $5 wager on each of seven days, reaching $350 in total without a promo code. That makes it the shortest of the multi-day schedules listed, putting the full $350 within reach inside a week, since DraftKings pays weekly installments over three weeks and Fanatics rewards qualifying wagers with FanCash across ten days.
Same game parlays are a FanDuel specialty, extended across games by Same Game Parlay+, while FanDuel TV streams select events in the app for bettors who like to watch what they bet on. Horse bettors have FanDuel Racing in the same app, plus deposit methods that include PayPal and Venmo.
Used 21 Times Today FanDuel Sports Welcome Offer Ts and Cs: Must be 21+ to participate. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV). GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).
Best FanCash Match For Sports Merchandise Fans - Fanatics Sportsbook
Fanatics Sportsbook matches qualifying cash wagers in FanCash across 10 consecutive days that start on the day of sign-up, up to a daily cap and provided each wager meets minimum odds. The reward therefore grows with each daily wager until it reaches that cap, though each batch of FanCash expires seven days after issue, and no code is needed.
Fanatics suits bettors who buy sports merchandise, because eligible settled bets earn FanCash that can be spent at Fanatics.com or exchanged for bonus bets, although it cannot be withdrawn as cash. A withdrawal tracker shows the status of a payout, which takes the guesswork out of waiting for money, plus a same game parlay builder in the app.
Used 23 Times Today Fanatics Sport Welcome Offer Ts and Cs: 21+. New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, or WY (excludes NY). Apply promotion in bet slip and place a $1+ cash wager (min odds -200) daily for 10 consecutive days starting day of account creation. FanCash rewards will equal the qualifying wager amount (max $100 FanCash/day). FanCash issued under this promotion expires at 11:59 p.m. ET 7 days from issuance. Terms, incl. FanCash terms, apply—see Fanatics Sportsbook app. Gambling Problem? Call or Text 1-800-GAMBLER, 1-800-NEXT-STEP (AZ), 1-800-9-WITH-IT (IN), 1-888-532-3500 (VA), Call (877-8-HOPENY) or text HOPENY (467369).
Best No Sweat Bets For Low-Stake Starters - Hard Rock Bet Sportsbook
Hard Rock Bet Sportsbook pays its welcome offer as No Sweat Bets, which refund a stake when the bet loses, though it is not a cash offer. Eligibility is limited to customers aged 21 or older who are physically present in one of ten listed states.
In Florida the sportsbook is offered by the Seminole Tribe of Florida, while Seminole Hard Rock Digital offers it in every other state.
Hard Rock Bet's Flex Parlay softens the all-or-nothing nature of a parlay by still paying a reduced amount when one leg misses, alongside standard same game parlays. Play also links to Unity by Hard Rock, a loyalty program covering Hard Rock hotels and casinos where the link is available, which rewards bettors who already stay or play at Hard Rock properties.
Used 35 Times Today Fanatics Sport Welcome Offer Ts and Cs: 21+. New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, or WY (excludes NY). Apply promotion in bet slip and place a $1+ cash wager (min odds -200) daily for 10 consecutive days starting day of account creation. FanCash rewards will equal the qualifying wager amount (max $100 FanCash/day). FanCash issued under this promotion expires at 11:59 p.m. ET 7 days from issuance. Terms, incl. FanCash terms, apply—see Fanatics Sportsbook app. Gambling Problem? Call or Text 1-800-GAMBLER, 1-800-NEXT-STEP (AZ), 1-800-9-WITH-IT (IN), 1-888-532-3500 (VA), Call (877-8-HOPENY) or text HOPENY (467369).
Best First Bet Refund Offers From US Sportsbooks
These offers suit customers planning a larger opening wager, because the stake is refunded up to a stated cap when the wager loses. A winning first bet pays profit as normal with no refund. The caps differ sharply, with BetMGM's refund in certain states reaching $1,500 in bonus bets against $1,000 at theScore Bet and $250 at BetRivers.
Best First Bet Reset For Large Opening Wagers - theScore Bet
theScore Bet runs a first bet reset, claimed with a promo code at registration, that a losing qualifying wager triggers in 14 states where customers must be 21 or older and physically present. The terms omit the payout format and expiry, which are worth confirming at registration.
For parlay builders, theScore Bet's Parlay Lounge surfaces trending and pre-built combinations, while the Parlay Club can reward qualifying multi-leg parlays with a bonus bet even when the parlay loses. Cash Out is available on eligible bets, letting a bettor settle early in full or in part, and quick odds updates make live betting a strength during major games.
Used 24 Times Today theScore Bet Sportsbook Welcome Offer Ts and Cs: Must be 21+ and present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, NC, OH, TN, or VA. Gambling Problem? Call 1-800-GAMBLER (CO, IL, KS, KY, LA, MD, NC, OH, VA). Call 1-800-NEXT-STEP (AZ). Call 1-800-BETS-OFF (IA). Call 1-800-9-WITH-IT (IN), Call (800)-327-5050 or gamblinghelplinema.org in MA. Call or text REDLINE: 800-889-9789 (TN).
Best Second-Chance Bet For Loyalty Rewards - BetRivers
BetRivers offers a second chance bet that refunds a losing initial wager once a promo code has been entered at registration, with only a losing initial bet triggering the refund.
BetRivers pays back loyalty through iRush Rewards, which awards points on real-money wagers across the sportsbook and the casino. The points can be spent in a bonus store. Beyond rewards, the app adds a same game parlay builder and live streaming of selected events for bettors who like to watch what they bet on.
Used 35 Times Today Fanatics Sport Welcome Offer Ts and Cs: 21+. New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, or WY (excludes NY). Apply promotion in bet slip and place a $1+ cash wager (min odds -200) daily for 10 consecutive days starting day of account creation. FanCash rewards will equal the qualifying wager amount (max $100 FanCash/day). FanCash issued under this promotion expires at 11:59 p.m. ET 7 days from issuance. Terms, incl. FanCash terms, apply—see Fanatics Sportsbook app. Gambling Problem? Call or Text 1-800-GAMBLER, 1-800-NEXT-STEP (AZ), 1-800-9-WITH-IT (IN), 1-888-532-3500 (VA), Call (877-8-HOPENY) or text HOPENY (467369).
Best Sports Betting Bonuses By Offer Type
Welcome offers pay out in one of three ways, with bet-and-get bonuses and first bet refunds hinging on a qualifying wager and deposit matches rewarding the funding of an account. Sign up bonuses of every type are limited to new accounts, which separates them from odds boosts and profit boosts, the ongoing promotions that existing customers receive.
What Is A Bonus Bet?
A bonus bet is site credit that a sportsbook issues for a qualifying wager. Customers cannot withdraw bonus bets, because non withdrawable bonus bets can only be staked. When bonus bets win, the sportsbook keeps the stake and pays the profit as cash.
A losing bonus bet uses up the credit without touching the account balance. From the bet slip, a sportsbook customer selects the bonus bet option in place of a cash stake, a credit that some operators label as bet credits.
Bonus Bets Versus Cash Bets
A cash bet and a bonus bet differ in what comes back after a win. Because the stake is not returned, a $50 bonus bet at +200 produces $100 in profit, against the $150 an equivalent cash bet returns.
At +400 the same $50 bonus bet produces $200 in profit. Higher odds raise the potential profit from a winning bonus bet but imply a lower probability of winning. Weigh the potential payout against the qualifying requirements rather than choosing a selection solely to maximize the bonus.
Bet-And-Get Offers And First Bet Refunds
Bet-and-get offers release bonus bets only after a qualifying bet settles, which rules out using the credit on that first wager. bet365 pays whatever the result, whereas BetMGM's bet-and-get version pays only when the bet wins.
A first bet refund runs the other way, returning the stake up to a stated cap when the bet loses. theScore Bet and BetRivers both run a version, as does BetMGM in certain states such as Michigan.
Deposit Match Bonus Offers
A deposit match bonus works because a sportsbook matches a percentage of the first deposit as bonus funds, up to a cap. A 100% match on a $100 deposit, for example, would add $100. Playthrough requirements then dictate how many times those bonus funds must be wagered, often a multiple of the bonus amount, before any withdrawal.
Deposits made with certain e-wallets may be excluded from promotional offers, so the payment method needs checking before an account is funded. Every deposit match bonus is compared in the dedicated guide, while offers that need no funding at all belong to the no-deposit bonuses category, which is separate from any deposit bonus.
Odds Boosts And Profit Boosts
Sports betting promotions for existing customers change by sport and by week. An odds boost raises the odds on a selected market, lifting +250 to +400 in one example. A profit boost adds a percentage to the winnings of a winning bet. Boosts are common on same game parlays and other parlay bets, alongside bonus bet tokens and bet reset tokens, while the current rotation is collected in the best sportsbook promos roundup.
FanCash And Casino Spins In Welcome Offers
Some welcome offers pay in something other than bonus bets. Fanatics issues FanCash that expires seven days after issue and matches each qualifying cash wager up to a daily cap. bet365 adds 50 casino spins to its sports credit, extending the package into the operator's casino product in states where online casino play is legal.
Used 24 Times Today BetMGM Sports Welcome Offer Ts and Cs: Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. After making a first deposit in the amount of at least ten dollars ($10.00), Participants will receive One (1) No Sweat Token with a maximum stake of one hundred dollars ($100) every day for the first 10 days after successful first deposit. Each No Sweat Token must be used in a single transaction. Any unused amounts will be forfeited.Each No Sweat Token expires in 24 hours. Bonus Bets expire in seven (7) days and are non-withdrawable.
Which Sportsbook Bonus Suits Which Bettor
These offers are built for those in states where online sports betting is legal, whether they are choosing a first sportsbook or adding another account. Current customers rely on ongoing promotions instead. Which structure fits depends on how often the bettor wagers and how large the first stake will be.
Matching Offers To How Often You Bet
Bettors who wager a few times a month, or who are placing a first bet at all, suit offers that need one qualifying wager. Bettors who wager most days can meet each day's minimum within a normal routine, which opens the multi-day schedules. A larger opening wager gains the most from a first bet refund, since the refund attaches to that first bet.
| Bettor | Offer structure | Commitment | Operators |
|---|---|---|---|
| First-time or occasional | Single payout | One qualifying wager | bet365, BetMGM, Borgata |
| Planning a larger opening wager | First bet refund | One qualifying wager, refund on a loss | theScore Bet, BetRivers, Hard Rock Bet, BetMGM in certain states |
| Betting most days | Multi-day schedule | A qualifying wager each day or week | DraftKings, FanDuel, Fanatics |
Bonus Offers For Existing Customers
Existing customers may qualify for referral rewards and recurring promotions, while loyalty benefits build through continued play. Higher tiers in loyalty programs unlock exclusive VIP promotions. A customer with accounts at several operators can hold a separate tier at each one, with each program rewarding wagers in its own currency.
Used 21 Times Today FanDuel Sports Welcome Offer Ts and Cs: Must be 21+ to participate. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV). GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).
Sports Betting Offers Basics For New Customers
A welcome offer starts with a qualifying wager, making it useful to know how a bet is priced and how it wins. US sportsbooks show odds in the American format, with a plus or minus sign before each number, while some offers require the qualifying bet to meet a minimum on those odds. The type of bet then decides what must happen for the stake to win.
Reading American Odds And Odds Restrictions
Positive odds show the profit on a $100 stake, odds of +200 pay $200 in profit. Negative odds show the stake needed to win $100, -500 means risking $500 for a $100 return. Some offers set minimum odds for the qualifying bet, which excludes heavy favorites. bet365 requires odds of -500 or longer, while Fanatics requires -200 or longer.
What Odds Imply About The Chance Of Winning
Odds also carry an implied probability, a way of reading the price as a chance of winning. At +200 the implied chance is 33.3%, while at -500 it is 83.3%. Those figures include the sportsbook’s margin, which means they describe the price on offer rather than a forecast, shifting each time the odds move.
Common Bet Types For A Qualifying Wager
The simplest bet is a moneyline, which picks the winner of a game outright. A point spread evens things up by handicapping the favorite and the underdog, meaning a bet wins when the chosen team covers the margin, while a total looks past the winner to whether the combined score lands over or under a set number.
Player props narrow the focus to an individual’s statistics, such as passing yards, before a parlay combines several selections into one wager that wins only if every selection wins.
How A Parlay Pays Out
A parlay multiplies the odds of each leg, which makes the payout grow quickly, though a single losing leg means the whole bet loses. A $10 two-leg parlay at -110 on each leg returns about $36.45, which is $26.45 in profit plus the stake.
Adding a third leg at the same odds lifts the return on a $10 stake to about $69.58, although each added leg lowers the chance of winning. Boosts on parlays raise that payout, while same game parlays combine selections from one game into a single bet.
What A Welcome Bonus Adds And What It Costs
A welcome bonus gives a new customer betting credit that would otherwise have to be funded, while opening the account also makes the customer eligible for the operator’s ongoing promotions.
The price of that credit is the qualifying wager, which is the customer’s own money. If it loses, a first bet refund returns the stake up to its cap, whereas a bet-and-get bonus that pays only on a win gives nothing back, leaving the customer most exposed on offers with no refund. Claiming at several operators repeats that exposure with every new account.
Used 21 Times Today DraftKings Sports Welcome Offer Ts and Cs: GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new Sportsbook customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 21 days. Bonus Bets and click-to-claims expire 7 days (168hrs) after issuance. Terms: dkng.co/offer. Get 1 promo code to redeem a 3-month NBA League Pass subscription, complimentary of DraftKings. Subscription auto-renews monthly at then-current price (currently $16.99/mo); cancel anytime. Terms, restrictions, and eligibility requirements apply. Redeem League Pass by 12/19/26 at 11:59 PM ET. Addt’l terms: support.watch.nba.com/hc/en-us/articles/9165532876183-League-Pass-Terms-of-Use_. Ends 11/29/26 at 11:59 PM ET. Sponsored by DK.
Where Betting Offers Are Available
Betting offers are limited to states with legal online sports betting, as each operator launches its offers state by state. Borgata restricts its welcome bonus to New Jersey, while theScore Bet covers 14 states and Hard Rock Bet ten. Most states require customers to be 21 or older, though DraftKings accepts 18 or older in DC, New Hampshire, Puerto Rico and Wyoming.
Legal Online Sports Betting By State And Licensing
Legal online sports betting is regulated state by state, so a sportsbook needs a license in every state where it accepts wagers. State gaming regulators publish lists of approved operators, which confirm that an operator may take wagers in the state of residence. Some licenses run through casino partners. In Kansas, DraftKings operates on behalf of Boot Hill Casino and BetMGM in partnership with Kansas Crossing Casino and Hotel, while bet365 lists Amelia Belle Casino as its licensee partner for Louisiana.
Exclusions differ by operator, as DraftKings voids its offer in Canada and BetMGM's bet-and-get offer excludes six jurisdictions, Ontario among them, so the sports betting apps guide shows which apps operate where.
Online Sportsbook Eligibility And Location Checks
Each licensed online sportsbook verifies identity and location before it issues a bonus, so comparing operators before registering avoids a failed claim. New customers submit personal details and allow a location check in the app that confirms they are physically inside a licensed state when they claim and bet. Hard Rock Bet and theScore Bet both state a physical presence requirement for their listed states.
When To Claim Betting Offers
Seasonal promotions coincide with major sporting events, as each welcome offer carries an end date set by the operator. Promotions tied to a single event close when the event does. DraftKings' promotion, for instance, carries one end date for the offer and a later redemption deadline for its League Pass code.
Sports Betting Bonuses By Season
Football promotions return each September as the NFL season starts and run through the Super Bowl, while basketball offers follow the NBA season. Baseball offers build toward the World Series and the Stanley Cup closes the hockey calendar in June. Golf and tennis offers cluster around the majors; soccer offers gather around the biggest tournaments, such as the Champions League.
Event Specific Bonus Bets
Event specific bonus bets attach to a single game or tournament, such as the Super Bowl or the Breeders' Cup, each expiring on a fixed date. Operators frequently pair them with boosts on same game parlays and other parlay bets. A bonus bet tied to one tournament cannot be carried into the next event.
Used 23 Times Today Fanatics Sport Welcome Offer Ts and Cs: 21+. New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, or WY (excludes NY). Apply promotion in bet slip and place a $1+ cash wager (min odds -200) daily for 10 consecutive days starting day of account creation. FanCash rewards will equal the qualifying wager amount (max $100 FanCash/day). FanCash issued under this promotion expires at 11:59 p.m. ET 7 days from issuance. Terms, incl. FanCash terms, apply—see Fanatics Sportsbook app. Gambling Problem? Call or Text 1-800-GAMBLER, 1-800-NEXT-STEP (AZ), 1-800-9-WITH-IT (IN), 1-888-532-3500 (VA), Call (877-8-HOPENY) or text HOPENY (467369).
How To Claim Sportsbook Bonuses
Claiming a welcome bonus follows the same path at most operators, yet each step carries a condition that can cancel the offer. A missing promo code or a qualifying bet that falls short of the minimum odds can end a bonus before it starts, while offers that need no code attach once the account exists.
How To Claim And Use A Sportsbook Welcome Bonus
DraftKings lists a minimum first-time bet requirement that the opening wager needs to meet. Fanatics counts the day of account creation as day one of its 10-day schedule and applies the promotion in the bet slip before the qualifying wager is placed. Offers such as bet365 and Hard Rock Bet skip the code step entirely, while BetMGM, theScore Bet, BetRivers and Borgata ask for a code at registration.
- Choose an offer and open its claim link, entering the promo code where one is shown.
- Register with accurate details and verify your identity.
- Fund the account with the minimum deposit the offer requires, using a debit card or online banking.
- Place the qualifying wager, meeting the minimum odds and the minimum wager.
- Check the account after bet settling to receive bonus bets.
- Add a selection to the bet slip and choose the bonus bet option in place of a cash stake.
- Confirm the bet and wait for it to settle.
Worked Payout Examples
A $100 first bet that loses under a refund capped at $50 returns $50 of the stake, whereas the same loss under an offer that pays only on a win returns nothing. A $20 bonus bet at -200 that wins pays $10 in profit, half the $20 it would pay at even odds. Deposit matches work differently, as a 100% match on a $100 deposit adds $100 in bonus funds released under the offer's playthrough terms. A Fanatics-style FanCash match credits an amount equal to each qualifying wager, up to the daily cap.
When A Bonus Does Not Arrive
When a bonus fails to appear, the claim path is the first thing to check. DraftKings installments need a click to claim, with unclaimed credits lapsing a week after they arrive, while bet365 credits unlock only when the qualifying bet meets the minimum odds. BetMGM requires the promo code at registration, after which the payout follows the version available in the customer's state.
Used 21 Times Today Bet365 Sports Welcome Offer Ts and Cs: GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET (AZ, CO, IL, IN, KS, KY, LA, MD, MI, MO, NC, NJ, OH, PA, TN, VA) or 1-800-BETS OFF (IA). Call 1-800-NEXT-STEP (AZ). Call 1-800-9-WITH-IT (IN). CALL 1-877-770-STOP (LA). 21+ only. Please gamble responsibly. Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/MI/MO/NC/NJ/OH/PA/TN/VA. Licensee partner Amelia Belle Casino. Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&Cs, time limits and exclusions apply.
Winnings, Payouts And Taxes
For casual bettors, gambling winnings are fully taxable under federal rules and must be reported on the tax return, while many states tax them as well. A sportsbook reports some payouts to the IRS, but the customer reports every win, whether or not a form arrives. This is general information, not tax advice.
Taxes On Sports Betting Winnings
The IRS states that gambling winnings are fully taxable and that casual bettors report them on the federal return. Small wins count too, as a $50 profit is reportable in the same way as a $5,000 payout. State rules differ; a tax professional can confirm how a particular state treats sports betting income.
How Form W-2G Reporting Works
Operators issue Form W-2G when a payout meets IRS reporting thresholds. Those thresholds depend on the type of wager and the size of the payout, while the dollar figures change by tax year, which makes the current IRS instructions for Form W-2G the place to find the amount that applies. Federal tax can be withheld from larger winnings. Receiving no form does not remove the duty to report a win.
Keeping Records Of Bets And Winnings
The IRS expects casual bettors to keep a record of winnings and losses, such as a log of dates, wagers and payouts. Losses are deductible only when deductions are itemized, up to the winnings reported. A year without a Form W-2G still calls for the same records. The log should cover every sportsbook used, since each operator reports only its own payouts.
Used 18 Times Today Caesars Sports Welcome Offer Ts and Cs: Must be 21+ and physically present in AZ, CO, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MO, NJ, NY, NC, OH, PA, TN, VA, WV, WY or Washington, DC. New users only. Must register using eligible promo code. Min. qualifying bet amount: $1. Tokens max. bet amount: $25 per token. Tokens bet max. add'l winnings: $2,500 per token. Token(s) expire 14 days after receipt. Not reissued for voided/pushed bets. Void where prohibited. See Caesars.com/promos for full terms. Know When To Stop Before You Start®. Gambling Problem? CO, IL, KY, MD, MI, MO, NJ, TN, VA, WV, WY, KS (Affiliated with Kansas Crossing Casino), ME (Licensed through the Mi’kmaq Nation, Penobscot Nation, and Houlton Band of Maliseet Indians, federally recognized tribes located in the State of Maine), NC (Licensed through Tribal Casino Gaming Enterprise), PA (Affiliated with Harrah's Philadelphia): If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) or MD: visit mdgamblinghelp.org or WV: visit 1800gambler.net; AZ: Call 1-800-NEXT-STEP; IN: Call 1-800-9-WITH-IT; IA: Call 1-800-BETSOFF; MA: Call 1-800-327-5050 or visit gamblinghelplinema.org, NY: Call 877-8-HOPENY or text HOPENY (467369); LA (Licensed through Horseshoe Bossier City and Caesars New Orleans) Call 1-800-522-4700, Washington, DC (OLG Class A licensed Operator): Call 1-800-MY-RESET. ©2026, Caesars Entertainment
How Sportsbook Bonuses Are Compared
Offers can be compared on four attributes that a headline figure leaves out. These are what triggers the payout, how the reward is paid, whether a promo code is needed and how long the credit lasts. bet365 and DraftKings both advertise $200 in bonus bets, yet one pays at once and the other in weekly installments.
Offer Comparison By Payout And When Bonus Bets Expire
Operators publish different levels of detail in their terms, with some leaving out details such as the expiry or the payout format. Anything missing is worth confirming at registration before the qualifying wager is placed, since the same offer can also differ by state and the version shown at sign-up is the one that applies.
| Operator | Payout trigger | Paid as | Promo code | Expiry |
|---|---|---|---|---|
| bet365 | Win or lose | Bonus bets plus casino spins | None | Not stated |
| Fanatics | Daily qualifying wager for 10 days | FanCash | None | FanCash lapses after 7 days |
| BetMGM | A win, or a losing first bet in certain states | Bonus bets | At registration | 7 days |
| theScore Bet | Losing first bet | Not stated | At registration | Not stated |
| DraftKings | First qualifying bet | Weekly bonus bet installments | None | 7 days per credit |
| FanDuel | Daily wager for 7 days | Daily bonus bets | None | Not stated |
| Hard Rock Bet | First bet, refunded if it loses | No Sweat Bets | None | Not stated |
| BetRivers | Losing first bet | Not stated | At registration | Not stated |
| Borgata | Qualifying wager | Non-withdrawable site credit | At registration | Not stated |
How Offer Details Stay Accurate
Operators change amounts and codes whenever they release a new promotion; each listing is updated as the operator publishes the change. An offer with a stated end date, such as DraftKings' promotion, closes on that date whenever the listing was last updated. An offer that runs for a set number of days, such as the ten-day Fanatics schedule, counts from sign-up and not from the listing date.
Used 24 Times Today theScore Bet Sportsbook Welcome Offer Ts and Cs: Must be 21+ and present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, NC, OH, TN, or VA. Gambling Problem? Call 1-800-GAMBLER (CO, IL, KS, KY, LA, MD, NC, OH, VA). Call 1-800-NEXT-STEP (AZ). Call 1-800-BETS-OFF (IA). Call 1-800-9-WITH-IT (IN), Call (800)-327-5050 or gamblinghelplinema.org in MA. Call or text REDLINE: 800-889-9789 (TN).
Betting Responsibly With Welcome Bonuses
A sports betting bankroll should come from disposable income set aside for entertainment, with deposit limits and self-exclusion set per operator. A customer who claims welcome offers at several sportsbooks therefore sets them at each one, because a limit at one sportsbook does not restrict spending at another. Every offer's terms list the helplines for its states.
Warning Signs Of Problem Gambling
The National Council on Problem Gambling lists thinking about gambling all the time and feeling the need to bet more money more often among the warning signs. Chasing losses and hiding gambling from others are further signs, as is feeling restless or irritable when trying to stop. Gambling disorder is a recognized mental health diagnosis.
Getting Help With Gambling Problems
Anyone concerned about their gambling can call 1-800-GAMBLER, the national helpline, to reach counseling and referral services. States list their own as well, such as 1-800-NEXT-STEP in Arizona and 1-800-9-WITH-IT in Indiana. Self-exclusion is available through account settings at licensed sportsbooks, blocking access across the whole account. Gamblers Anonymous and the National Council on Problem Gambling offer further support.
Used 24 Times Today BetMGM Sports Welcome Offer Ts and Cs: Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. After making a first deposit in the amount of at least ten dollars ($10.00), Participants will receive One (1) No Sweat Token with a maximum stake of one hundred dollars ($100) every day for the first 10 days after successful first deposit. Each No Sweat Token must be used in a single transaction. Any unused amounts will be forfeited.Each No Sweat Token expires in 24 hours. Bonus Bets expire in seven (7) days and are non-withdrawable.
Sportsbook Promos FAQs
Can you withdraw bonus bet winnings?
The profit from a winning bonus bet is paid as cash and follows the sportsbook's normal withdrawal route, with the usual verification and payment processing times applying and the payment method chosen setting how quickly the money arrives. The stake itself is never paid back, and the credit stays in the account until it is staked or expires.
Do I need a promo code to claim a sportsbook bonus?
What is the difference between a deposit match and a bet-and-get offer?
Can I claim welcome bonuses at more than one online sportsbook?
What does up to mean in a sportsbook offer?
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