Best Sportsbook Promos and Sports Betting Bonuses for March 2024

Sportsbook Promos and Sports Betting

Written By: Dean Carr | Fact Checked By: Sarah Lunness


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There are several online sportsbook promos available across the United States where sports fanatics can find some of the best offers to be used on the most significant sports events. Our team of online sportsbook experts have been getting stuck in and trying out several different sportsbook promos so that they could decide on the best to bring to you in this article. We would not recommend any we haven't and wouldn't use ourselves. Stick with us and you can expect to find the top six best options in our opinion, as well as how to claim and take advantage of the promotions, the different types, some other types of promotions offered, what sports they can be used on and finally, why they're offered to players such as ourselves.

Best Sportsbook Promo Codes and Bonuses Reviewed

1. BetMGM Bonus Code

BetMGM betting

First on our list of sportsbook promos is BetMGM’s fantastic welcome offer. Sign-up with the online sportsbook as a new customer and claim up to $1,500 paid back in bonus bets if your first bet loses. This type of first bet insurance offer is common in the US and gives new users the opportunity to place a bet knowing they will still get their money back as bonus bets if it doesn't win.

Players that reside in NV can receive a $10 bonus for signing up, however, users that are located in DC/KS/MS/NY are currently unable to receive a bonus for signing up to BetMGM. 

States You Can Use BetMGM In

BetMGM is legal in each of the following states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, Washington, West Virginia, Wyoming.

2. Caesars Sportsbook Promo Code

Caesars betting

With one of the top offers out there, sign up for Caesars well-established and world-renowned sportsbook, take a look a what great offer is in-store for you to claim today.

The premise of this offer is a simple one — once you have created your account, put up to $1,000 on the line for your first wager; if it loses, Caesars Sportsbook will give you a bonus wager worth 100% of your initial investment. This offer is available in all legal states. 

States You Can Use Caesars Sportsbook In

Caesars Sportsbook is legal in each of the following states: Arizona, Colorado, Washington DC, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, Washington, West Virginia, Wyoming.

3. FanDuel Promo Code

FanDuel Kentucky

Next on our list, a fan favorite and frequent appearance maker in the best sportsbook rankings, FanDuel. They have a fantastic welcome offer available to new customers that sign up — $150 in bonus bets when you bet $5. There is no FanDuel promo code required to take part in this offer either. Simply click the link above to get started.

Begin by signing up and making a deposit of at least $5 before placing your first real-money wager worth at least $5. When this bet settles, receive your $150 in bonus bets. Head to FanDuel today to get started!

States You Can Use FanDuel In

FanDuel is legal in each of the following states: Arizona, Colorado, Connecticut, Washington DC, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming.

4. DraftKings Promo Code

Draftkings betting

Set up your new account today with a brand recognized for its incredible sportsbook pedigree, and one of the originals in the online sports betting game in the US and receive an incredible welcoming offer. Receive up to $1,200 in bonus bets by signing up to DraftKings today. There is no DraftKings promo code required to claim this offer. 

Within this offer, users start by getting a $50 bonus with their initial minimum $5 deposit. DraftKings will start by matching your initial deposit with 20% bonus funds, up to $1,000. Finally, users will then receive a further $150 in bonus bets when they place a $5 bet on DraftKings sportsbook. However, note that users in KS/MA/NJ/OH/VA aren't eligible for the $1,200 in bonuses promo, but are instead able to receive $200 in bonus bets when they place a $5 wager.

States You Can Use DraftKings In

DraftKings is legal in each of the following states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Nevada, New Hampshire New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, Washington, West Virginia, Wyoming.

5. BetRivers Promo Code

betrivers betting

Be in with a chance of receiving a 2nd chance bet up to $500 when signing up to the recognized and popular BetRivers sportsbook. BetRivers is also featured on our list of the best sports betting apps in the US. A minimum deposit of $10 is required from players who sign-up to the sportsbook and want to claim this welcome offer. Values of the free bets vary depending on your location as follows:

  • $500 if you are in IL, IN, LA, MD, MI, PA, VA

  • $250 if you are in CO, NJ

  • $100 if you are in AZ, IA, NY, OH, WV 

States You Can Use BetRivers In

BetRivers is legal in each of the following states: Arizona, Colorado, Illinois, Indiana, Iowa, Louisiana, Maryland, Michigan, New Jersey, New York, Ohio, Pennsylvania, Virginia, West Virginia.

6. bet365 Promo Code

bet365

One of the most reconigzed betting brands that is seen as the most new-player friendly is offering an impressive new customer sign-up bonus. New users can choose between two offers: a $1,000 first bet safety net or bet $5, get $150 in bonus bets. bet365 is one of the best betting sites in the US and their welcome promo features one the lowest qualifying bet, with just a $5 bet required to unlock the $150 in bonus bets.

Additionally, the bet365 promo code also guarantees users their bonus bets, regardless of the result of their first bet. The $150 in bonus bets is guaranteed whether your first bet wins or loses, unlike many of the promos on this list which require a losing bet to trigger the bonus bets. As for the $1,000 first bet safety net, users will receive 100% of their stake back in bonus bets if their first bet loses. This offer is currently only valid in New Jersey, Ohio, Virginia, Colorado and Iowa. There is no promo required to claim this offer and an initial minimum deposit of $10 is required from players.

States You Can Use bet365 In

bet365 is legal in each of the following states: Colorado, Iowa, Ohio, New Jersey, Virginia.

How To Claim and Use Sportsbook Promos

Now you have all the information, but how do you claim and take advantage of these promos? Keep reading for our step-by-step guide on how you can claim the best sportsbook promos for yourself.

  • Click the link above to be taken to the sign-up page for your chosen sportsbook.

  • Create your account and enter all of the required personal details.

  • Verify your account.

  • Enter the relevant promo code specific to that sportsbook (if required).

  • Make your first deposit and place your first bet.

  • Wait for the bet to settle before receiving your bonus bets.

Of course, each of the listed sportsbook promos have different terms and conditions that must be adhered to, but this guide is an outline of how the majority of sportsbook promos will work. With first bet insurance offers, players will only receive their bonus bets if their first bet lost.

Types Of Sportsbook Promo Code

Many different types of bonuses can come from claiming sportsbook promo codes. We've provided examples of what you can expect to come across throughout your experience with any of the recommended sportsbooks so you can familiarize yourself and check back as and when you need.

First Bet Insurance

A first bet insurance promo is where a player gets the amount of winning legs back in the form of bonus bets that can be used for future wagers with that sportsbook. This is a worthwhile promo to claim if it is being offered by a sportsbook.

No Deposit Bonus

While these bonuses may be rare, they are among the most worthwhile sportsbook promo codes you will encounter. These are free bets awarded to you by the sportsbook online without requiring you to make a cash deposit into your account before receiving the free bets. They benefit casual bettors but will have low limits on the value you can earn off them. Nonetheless, they are more than worth looking out for and taking advantage of, just always make sure to check the terms and conditions of each.

First Deposit Match Bonus

Becoming increasingly common across online sportsbook promos, a first deposit match bonus works by matching your initial deposit up to a maximum value. For example, if a site offers a 20% match deposit, up to a maximum of $1,000, players who make a deposit worth $200 will receive an additional $40 in bonus funds, giving a total of $240 to play with. This is a particularly popular bonus type amongst US sportsbooks.

Existing Customer Sportsbook Bonuses

On top of sign-up bonuses, there is a wealth of other bonuses offered to existing customers by the best sportsbooks to be taken advantage of. Read below to discover some of them in more detail from the experience of our experts.

Reload Bonuses

A frequent offer from the best online sportsbooks is reload bonuses. These can get you bonus money every time you deposit into your account. Reload bonuses are offered as a percentage value that boosts your deposit. So the more a player deposits, the more they will get as a bonus. We would always recommend signing up for the sportsbooks that have this on offer. 

Odds Boosts

Another exciting offer you can find is odds boosts. These are sportsbook promos where the house offers you a better deal on your bet in an attempt to undercut the competition. This can be in the form of a line or spread and you'll find that some sportsbooks have a dedicated tab or section specifically for odds boosts - always look out for these.

Referral Bonuses

Common sportsbook promos players can expect to come across are referral bonuses. These are promos that will reward you with free bets if you get a friend to sign-up using a link or a code provided to you by the online sportsbook. Someone then using one of these just needs to create an account and make a deposit into their account for you to receive your bonus bets.

Event Promotions

Special event betting offers are a bonus offered by sportsbooks around a big event, match, tournament, etc that is taking place at the time. Many will take advantage of the major events and give out additional bonuses and offers.

What Sports Can You Use Sportsbook Promo Codes On?

There is a large variety of sports that players can use all of the best sportsbook promos on. From baseball to basketball, read on to find out where and what else you can use the promo codes we have included above.

NFL Betting Promo Codes

The most popular league in the country, whether you are a fan of college sports or you have a favorite NFL team, the football season is an exciting time to bet with our recommended sportsbooks and promo codes. You can use these to place bets on things like who scores the first touchdown, the number of field goals, and more, whether you prefer spreads, prop bets or odds boosts, expect to find a bit of everything and more when it comes to the football sportsbook promo codes. Find our pick of the best NFL betting sites and NFL betting apps to use these promo codes on.

NBA Betting Promo Codes

A league full of suspense and excitement until the very end, our recommended betting sites love to get involved with some fantastic offers surrounding the NBA. Its fast pace makes it an ideal sport to bet on especially live and makes players flock to check out the best basketball sportsbook promo codes available. Find our pick of the best NBA betting sites and NBA betting apps to use these promo codes on.

MLB Betting Promo Codes

BetMGM MLB US

Another popular sport for running some great promo codes is America’s national pastime of baseball. Its slower pace and breaks in play allow time for in-play betting - this also allows for some great odds boosts to feature making this such a popular market. It's also a sports league that many of the big sportsbooks are partnered with so will always have competitive odds. Find our pick of the best MLB betting sites and MLB betting apps to use these promo codes on.

NHL Betting Promo Codes

One of the most ideal sports for sports betting and bonuses alike is that of the NHL. It is fast, chaotic, and features high scoring, making it an extremely exciting sport to get involved with. Its constant growth in popularity is seeing more and more sportsbooks now offering dedicated bonuses and promotions for ice hockey games. Find our pick of the best NHL betting sites and NHL betting apps to use these promo codes on.

Why Do Sportsbooks Offer Promo Codes?

Sportsbooks offering promo codes for new customers is a great way to entice new players to a sportsbook. Whether new to the sports betting scene or an experienced bettor the offering of sign-up bonuses and promo codes from various competitors will attract sign-ups and even returning customers. With such a vast range of sportsbooks, these promo codes are what help players to decide which platform they want to use. The various sportsbooks will need to ensure they are running consistently competitive odds and welcome offers in order to keep attracting more new customers.

What to do if you have a gambling problem

It is no secret that online gambling is fun and a great way to enjoy your favourite casino games or bet on your favourite sports from the comfort of your own home or the convenience of wherever you are. However, it can start to become addictive. If you start to feel out of control of your gambling habits, please seek advice from gambling helplines or a trusted source of information. 

21+ Please Gamble Responsibly. Gambling Problem? Call or text 1-800-GAMBLER
NCPG - ICRG - Gamblers Anonymous - Gambling Therapy

Sportsbook Promo Codes FAQs

What are the best Sportsbook Promo Codes in the US?

Our experienced staff has chosen the best sportsbook specials from betMGM, Caesars Sportsbook, FanDuel, DraftKings, BetRivers, and bet365.

Can I claim more than one welcome Sportsbook Promo Code?

Indeed, it is true. There are lots of welcome promo codes for sportsbooks available. Make accounts on a number of websites to find the best fit.

How many times can you redeem a Promo Code offer?

It will only be indicated in the terms and conditions if a discount or voucher is good for multiple redemptions.

What sports can I use Promo Codes on?

NFL, NBA, MLB, NHL and more of the major sports leagues and college sports.

Are Sportsbook Promo Codes available for existing customers?

Yes, all sportsbooks also give promo codes to their existing customers.

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