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Best Sportsbook Promo Codes & Betting Promotions for 2023

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Last updated: May 1, 2023
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DraftKings Sportsbook


Bet $5 on Sandhagen or Font & Get $150 Instantly!

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First Bet Offer: Get Up To $1,000 Paid Back on Your First MLB Bet!

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FanDuel Sportsbook


Bet $5 & Get $100 in Bonus Bets!

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Get 5 Second Chance Bets Up To $50 Each

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DraftKings Sportsbook


Bet $5 on Any Sportsbook Market & Get $150 Instantly!

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DraftKings Sportsbook


Bet $5 on NHL & Get $150 Instantly!

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DraftKings Sportsbook


Bet $5 on NBA & Get $150 Instantly!

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Every First Bet Wins a Bonus of Up To $250!

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Bet $1 & Get $200 in Bonus Bets at Bet365

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Types of Sports Betting Promotions

The majority of online sports promos listed on this page are sign-up offers. Sportsbooks make their sign-up bonus the most lucrative of all their promo code offers in order to attract new customers to their platforms. These offers are usually deposit match bonuses, but you’ll also find other welcome promos like free bet credits and risk-free bets.

All you need to do is complete the registration process to unlock these valuable sportsbook offers. While they’re only available for single use, these offers are a perfect way to get started with a new sports betting site or mobile app.

As you look through different sportsbook promo codes, always make sure you’re carefully reading over any associated terms and conditions (T&Cs). Look a minimum deposits and any other wagering requirements you may need to know before you can cash out. The requirements in a state like Massachusetts may different in a state like New York, for example.

Online Sportsbook Promos for New Players

Here are descriptions for the most common online sportsbook promotions available to new players.

Deposit Match Bonus

Sportsbook deposit bonuses are one of the most common welcome promos you’ll find when signing up with a new sportsbook. These sign-up offers will match the value of your initial deposit with site credit you can use to make more wagers.

Risk-Free Bets

Another welcome promo you’ll see often at sportsbooks are risk-free bets. They’re called risk-free bets because if you lose your first wager, the sportsbook will refund the value in site credit. Just claim the offer, make your first bet, and it will be refunded if it happens to lose.

Many top sportsbooks on the legal sports betting market are actually swapping “risk-free bet” language in favor of terms such as bonus bets or bonus credit to better describe their welcome offers. That said, they are essentially the same thing with different wording.

Bet $1, Win $100 Promos

You should have a good idea what this promo is about based on the title. Some sportsbooks will offer a Bet $1, Win $100 offer where you’ll be awarded with $100 in free bets after making a $1 wager. The free bets will usually be divided into denominations of $25 or $50, and some sports betting sites will offer more than $100 in total free bet credits. One of the best sportsbook promos is the bet365 bonus code, which offers a bet of $1 to get $200 in bet bets today!

Free Cash Promos

Similar to the Bet $1, Win $100 offer, free bet promos will give you site credit to make more wagers that can lead to real cash winnings. You can’t withdraw free bet funds immediately, as they are subject to a playthrough (rollover) requirement, but you can win some real money by using these bonus funds on more wagers.

Sportsbook Bonuses for Existing Players

Welcome promos might be the most profitable offers available to sports bettors, however, sportsbooks also offer ongoing bonuses to keep players engaged. Here’s a quick list of sportsbook bonuses for existing players with short descriptions for each.

  • Odds Boost: Boosted odds will increase the line on a certain wager. For example, a moneyline bet might be boosted from +200 odds to +250. This increases the payout of a successful wager.
  • Reload Bonuses: Reload bonuses are offered to customers who have already made a deposit in the past. This is an incentive to add more funds to your sportsbook account.
  • Loyalty Bonus: A loyalty bonus from sportsbooks is similar to a VIP program. This system rewards players with points for placing wagers, and these points can be used to unlock certain prizes.

There are many more types of ongoing promos you can find at these sports betting sites, including options like same-game parlays and parlay insurance. You can wager with confidence knowing there are plenty of additional offers outside of the sportsbook sign-up promos you can use to boost your bankroll. Ohio sports betting promos are now live in the Buckeye State, with Maryland sportsbook promos offering huge bonuses.

Sport Specific Betting Promo Codes

In addition to welcome promos and generic ongoing offers, sportsbooks also provide online betting promo codes that are specific to certain sports. Some examples include the following:

UFC Sports Betting Promos

The UFC and combat sports as a whole has a long tradition of sports betting, and as such, these promos are some of the best sports betting bonuses in the industry. You’ll find betting types like fight winners (moneyline), method of victory, and round betting options with associated promos like boosted odds, for example.

These offers take the excitement of UFC, boxing, and other MMA events to the next level should you choose to take advantage of these specific promos.

Football Sportsbook Promo Codes

As one of the most popular sports to bet on, NFL football has a ton of sportsbook promos that you can find at virtually any sports betting site. They usually ramp up for the Super Bowl specifically, but you’ll find plenty of other NFL promos during the regular season as well.

From boosted odds on touchdown prop bets, to parlay insurance on certain NFL games, there’s no shortage of football sportsbook promo codes to claim throughout the year.

Basketball Betting Promo Codes

There are many different ways to make money betting on the NBA, but one of the most popular methods is by using promo codes. Promo codes can get you free bets and other bonuses from sportsbooks, which means more money in your pocket!

NBA promo codes are a great way to get free money for betting on basketball games. All you have to do is find the right promo code and enter it when you are ready to bet. If you’re unsure of where to start looking, we have compiled a list of some of the best promo codes on this page.

Hockey Sports Betting Promo Codes

NHL promo codes are a popular way for sports betting sites to attract new users and keep their players engaged. These NHL promos are a tool the sports betting sites use to increase their customer base and keep them wagering over the long run. Fortunately for you, they’re a great way to win more money on your favorite NHL games.

The NHL promo codes will vary depending on the type of offer being made by the sportsbook, and can include anything from free bets, bonus funds, and parlay offers.

Baseball Betting Best Promo Codes

Betting on baseball is a thrilling experience, and there are many different types of bets and props that you can choose from. To make it even better, MLB betting sites offer promos on markets like runline, strikeout props, and other lines that take the action to a whole new level.

Sportsbooks like DraftKings, FanDuel, and BetMGM all have great MLB promotions on offer throughout the season. Check in with the betting sites on this page for more MLB bonus offers.

Best Sportsbook Promo Codes for US Players

Use the links in the table below to take advantage of some of the best sportsbook promo codes in the US:

Sportsbook Promo Code Claim Promo
DraftKings Promo Code Bet $5, Get $150
BetMGM Promo Code $1,000 First Bet Offer
FanDuel Promo Code $1,000 No Sweat First Bet
Caesars Sportsbook Promo Codes Up To $1,250 On Caesars + 1,000 Tier Credits and 1,000 Reward Credits®
Bet365 Bonus Code Bet $1, Get $200
PointsBet Promo Code Five Second Chance Bets Worth $50 Each

Most of these promo codes are only available to new players, but you can take advantage of the numerous ongoing promos from these sportsbooks after you’ve claimed a welcome promo.

Common Sportsbook Bonus Codes

The sportsbook bonus codes that are listed below are the most common bonuses that you will see when signing up for a new account.

Some of the most common sportsbook promo codes on offer include free bets, parlay insurance, referrals, and free contests. Another type of bonus worth checking out is for DFS sites, which usually offer a deposit match.

Free Bets

Free bets provide customers with an opportunity to place a bet without risking any money. All you have to do is enter the free bet promo code, and you’ll be rewarded with bonus funds that can be used to place other wagers.

These free bet promos can’t be immediately withdrawn, as they’re subject to playthrough requirements. These requirements, also known as rollover, ask that you use the bonus funds in full before collecting any winnings. This is a standard requirement at all sportsbooks when it comes to free bet promos.

Parlay Insurance

Parlay insurance is designed to protect your betting if you make a mistake and lose, which is something that happens more often than you might think. Parlays are a high-risk, high-reward type of wager, so it’s nice to have insurance that will cover some of your losses if your wager is unsuccessful.

Sportsbooks will typically only cover up to $25 in losses with parlay insurance, but nevertheless, it’s nice to have this promo in your back pocket when you go to make a parlay.


Have a friend who’s interested in trying their hand at sports betting? Many sportsbooks offer referral incentives that could earn both you and your friend some extra bonus funds to wager with. Just send your friend the applicable referral code, have them complete the sign up process with that same code and make their first deposit, and you’ll likely both be rewarded with some extra promo cash.

The referral rewards can vary depending on which sportsbook you’re signing your friend up with, but if you know someone who wants to give wagering a shot, check in with your sportsbook of choice to see if they have any referral promos.

Free Contests

Finally, one of the most common sportsbook promos you’ll see on offer are a variety of free contests. For example, DraftKings Sportsbook had a huge Super Bowl 56 free contest running in February 2022. They handed out a total of $10 million in free bets, including five free bets worth $1 million apiece.

This is just one example of a sportsbook free contest, and the rules and prizes can vary drastically depending on the contest details. Check in with your favorite sports betting sites throughout the year to see what kind of free contest promos they have going.

Online Casino Promos

There are many different types of casino promotions, but most of them are aimed at attracting players and giving them an incentive to spend more money on games. These bonuses can be in the form of a deposit bonus, no deposit bonus, or both.

Promotions can be offered with bonus codes for table games, jackpots or poker tournaments. Some casinos even offer free spins on slots or blackjack tournaments where players compete for cash prizes.

Sportsbook Promo Codes FAQ

What is a sportsbook promo code?

A sportsbook promo code is a type of special promotion that sportsbooks use to entice new users to their platform. It can come in many forms including a deposit match, risk-free bet, bonus bets, and more.

How do I apply a promo code at an online sportsbook?

The easiest way to apply a promo code at a top online sportsbook like DraftKings, BetMGM, FanDuel and more is to simply follow the links on this page.

Is there a rollover requirement with my sportsbook bonus?

Generally speaking, most sportsbook do have a rollover requirement. That said, it depends what that amount is based on the sportsbook.

Can I withdraw sportsbook bonuses?

Yes. After you reach the set rollover requirement, you can withdraw any winnings you have.

What is the most common new user betting promo code?

The most common new users betting promo code usually comes in the form of a deposit match, risk-free bet, or bonus bets.

Are there promos for existing players at online sportsbooks?

Yes. There are plenty of new and exciting promos for existing players to take advantage of once they have already signed up for a sportsbook of their choice.