Sportsbooks Promo Codes

Every sportsbook on this page is currently live with a welcome offer for new customers, and we’ve verified each one directly through the operator’s app or website. These change often — books adjust bonus amounts, minimum bet requirements, and terms regularly, especially heading into the NFL season, which is projected to drive roughly $31.7 billion in regulated sportsbook handle alone in 2026. We keep this page updated as offers shift, and we’ll always tell you exactly what the fine print says before you claim anything.

Current Sportsbook Welcome Offers

DraftKings — Spend $5, Get $200 in Bonuses. New customers place a qualifying $5+ first bet on any market and receive $200 in bonus bets, typically issued in installments over the following weeks rather than all at once. No promo code required beyond registering through a verified link. DraftKings holds roughly a third of the national market, so this offer gets scrutinized (and adjusted) more often than most on this list.

Fanatics Sportsbook — Bet $20, Get $350 in FanCash. A larger initial bet requirement than most competitors, but one of the richest bonus pools available, paid out as FanCash that can be used for future bets or redeemed for Fanatics merchandise — a real advantage if you already shop the brand for jerseys or gear.

BetMGM — Up to $1,500 in Bonus Bets Back if Your First Bet Loses. A classic first-bet insurance offer: place your first wager, and if it loses, BetMGM refunds you in bonus bets up to $1,500. This is one of the largest single-bet safety nets in the entire industry — most competitors cap this type of offer well below $1,000.

FanDuel — Bet $5, Get $50 in Bonus Bets for 5 Days. A low-risk entry point from the largest sportsbook in the country by handle — a small $5 qualifying bet unlocks $50 in bonus bets spread out over five days, giving you a built-in reason to keep coming back and betting daily during the promo window.

Caesars Sportsbook — Your First Bet Matched Up to $250 in Bonus Bets. No lose-to-win requirement here; Caesars simply matches your first bet in bonus bets regardless of outcome, up to $250. Compared to a few years ago when Caesars was one of the most aggressive spenders in the entire industry, this offer reflects a more conservative promotional posture as the operator’s market share has cooled.

BetRivers — $500 Second Chance Bet. If your first wager doesn’t win, BetRivers gives you a second chance bet worth up to $500 in site credit — a straightforward, no-frills structure that mirrors the operator’s broader “keep it simple” approach.

Desert Diamond Sportsbook — Bet $20, Get $100 in Bonus Bets. Arizona-only, but a straightforward deposit-and-bet offer for bettors in-state, backed by the sportsbook’s tribal gaming roots and strong ties to Arizona’s professional and college teams.

Bet365 — Bet $5, Get $200 in Bonus Bets. One of the most generous ratios on this list — a small $5 qualifying bet unlocks $200 guaranteed, win or lose, leaning on Bet365’s decades of global sportsbook experience to build trust with new U.S. customers.

Hard Rock Bet — Bet $5, Get $150 in Bonus Bets. A guaranteed bonus bet offer tied to a modest $5 qualifying wager, paired with a loyalty program that connects directly to real-world Hard Rock hotel and casino perks.

Bally Bet — Bet $10, Get $50 in Bonus Bets. Simple, no-code, guaranteed bonus bets after a $10 qualifying wager — one of the more modest offers on this list, but Bally backs it with Kambi-powered odds that are competitive on major markets.

theScore Bet — Bet $10, Get $100. A first-bet offer paired with theScore’s media-app features for bettors who like scores and stats alongside their wagers in a single interface.

Things to Check Before You Claim a Sportsbook Bonus

• Bonus bets aren’t withdrawable cash. You’ll need to use them on future wagers, and only winnings from those bets become withdrawable — the bonus bet stake itself is typically deducted from any win.
• Qualifying bet requirements matter. Some books require a minimum odds threshold on your first bet for it to count — check each operator’s terms before placing it, especially on heavy favorites where odds might not clear the minimum.
• State availability varies. Not every sportsbook operates in every legal state — Desert Diamond, for example, is Arizona-only, and several operators have pulled back from smaller markets as they focus spending on states with the largest handle, like New York, Illinois, and New Jersey.
• Bonus bets typically expire. Most operators give you a window (often 7-30 days) to use bonus bet credits before they’re forfeited, so don’t let a big welcome bonus sit unused.
• Watch for parlay-only bonus bet restrictions. Because parlays carry a much higher hold for sportsbooks — as much as 75% of NFL revenue despite being roughly 40% of handle — some promos steer or restrict bonus bet use toward multi-leg wagers rather than straight bets.

For full breakdowns of each operator’s app, features, and long-term value beyond the welcome offer, visit our sportsbook reviews page.

Frequently Asked Questions

Do I need a promo code for these offers?
Most major sportsbooks, including DraftKings, FanDuel, and BetMGM, no longer require a specific promo code — simply registering through a verified link is enough to trigger the current welcome offer. Always double-check the operator’s own signup page, since this can change.

What happens if my qualifying bet wins?
For “bet and get” style offers (DraftKings, FanDuel, Bet365, Hard Rock, Bally, theScore), you keep any cash winnings from your qualifying bet in addition to receiving the bonus bets — the bonus is issued regardless of outcome. For lose-to-win offers like BetMGM’s, the bonus specifically kicks in only if your qualifying bet loses.

Can I claim more than one sportsbook’s welcome offer?
Yes — welcome offers are tied to individual operators, so you can claim offers from multiple sportsbooks as long as you’re a new customer at each one and you’re located in a state where that operator is licensed.