Best Sportsbook Promotions

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Here you’ll find the best sportsbook promotions available throughout the betting industry. This page will be updated to reflect the most recent promotions.

What Is an Online Sportsbook Promotion?

An online sportsbook promotion is when a sportsbook provides users with an opportunity to build their bankrolls with welcome bonuses (first deposit bonuses or risk-free bets), odds boosts (providing better odds on a specific outcome), and much more.

Sportsbook promos are offered throughout the year, often on a weekly basis. They can be catered towards a marquee sporting event or specific sport.

Always keep an eye out for the latest promos because they put you in a better position to succeed as a sports bettor!

Why Do Online Sportsbook Offer Promotions?

Online sportsbooks offer promotions to generate interest in their sportsbook. For example, a first deposit bonus is when a sportsbook matches the first deposit in bet credits, which allows users to use those funds to continue to build their bankrolls. The hope is that the user will continue to place bets on that sportsbook.

Promotions are also offered to attract users to a specific betting market. For example, there might be an NHL promotion, where users receive a certain amount of money for every goal their team scores. This would influence users to try to bet on the NHL because of the benefits of this promotion.

How Do I Claim an Online Sportsbook Promotion?

You can claim an online sportsbook promotion through a variety of ways found below.

  • Links - there will be a link on the sportsbook to access the promotion
  • Promo code - you will be given a promo code to type in upon registration
  • Opting in - there will be a notification prompting you to opt in to the promotion

Best Sportsbook Promotions

What Is a Promo Code?

A promo code is a code that you input in order to access the promotion on your online sportsbook. The Game Day offers users with promo codes for several sportsbooks and daily fantasy websites, including Caesars, PrizePicks, and Underdog Fantasy.

Do I Need a Promo Code?

Some promotions require a code, which are easily entered on the sportsbook website. Other promotions can be accessed either through a link on the sportsbook or by opting in to the promotion. This is when a sportsbook provides a notification to the user, which asks if they would like to opt in to the promotion.

Best Promos for Sports Betting

Promotional offers can be highly useful, so it’s important to make yourself aware of the best offers provided by online sportsbooks.

Deposit Match Bonus

As a new signup, you can get a sportsbook deposit match. Deposit match bonuses are when sportsbooks match a new user’s first deposit up to a certain amount, usually varying between $100-$1,000. This money is immediately reflected into the account once the deposit is complete. It is provided in site credits, which can be used to win more real money.

Site credits are either non-withdrawable, or withdrawable after playthrough requirements are met. This means that users need to place several bets before being able to withdraw the bet credits.

Risk-Free Bet

A risk free bet is provided to new signups on their first wager. The sportsbook will reimburse a new user’s first losing bet up to a certain amount, varying from $100-$1,000. If the user wins their first bet, they will not receive any bet credits. It is only provided if the bet loses.

Risk-free bets are useful because it allows bettors to place a wager on a specific event without incurring any financial risk since they’ll get their money back in bet credits, which can also be known as free bets.

Free Bets

In simple terms, a free bet is a type of wager where the sportsbook covers the cost of the bet. The specific value of the free bet depends on the promotion and the sportsbook you’re using.

Typically, players can acquire free bets through welcome bonuses, ongoing promotions, or referral offers provided by sportsbooks.

First Bet Match

First bet matches are when a user’s first bet is matched in bet credits by the sportsbook. There is usually a link provided on the website where bettors can claim their first bet match. This can be found on the user’s account.

For example, if I placed a $200 bet on an NFL game, I would receive $200 in site credits or free bets to either use on a future bet or add on to the current bet.

Bet and Get

Bet and Get is when users can place a bet on a specific betting market and receive bet credits just for placing the wager. For example, one promotion might involve betting at least $25 on an MLB game, where you would get $5 for every home run that your team hits. An example of a fantastic bet and get is the bet365 Bet 1 Get 200 promo.

Which Online Sportsbooks Offer Promotions?

Sports betting is becoming legalized in several U.S. states, which has created a lot of competition. Sportsbooks need to attract new users to their websites, so they provide useful promotions to entice users to register for an account and place wagers with the site. Be sure to take advantage of these promotions!

Caesars Sportsbook

Caesars is a retail casino empire that established a sportsbook in 2018. In August 2021, the company purchased William Hill, another prominent sportsbook, which merged two leading brands into an industry giant.

Caesars Sportsbook offers several payment options, such as online banking, PayPal, Cash at Casino, and many more. They have a comprehensive selection of bet types and betting markets.

The sportsbook has a terrific welcome bonus with weekly promotions and a tiered loyalty rewards system that provides great perks to its customers. It is currently available in several U.S. states, including an online casino in select states.

BetMGM Sportsbook

In 2018, MGM Resorts and Entain Holdings formed a partnership to develop BetMGM sportsbook. The sportsbook headlines several casinos around the world and features a user-friendly mobile app. It includes a welcome bonus as well as weekly promotions that are quite helpful.

BetMGM Sportsbook has a detailed live-betting platform with live-streaming options, allowing registered users to follow their wager. It includes multiple payment options and betting markets, including an “Easy Parlay” feature which allows users to create their own parlays with multiple bets. This is especially helpful for new bettors who are unsure of how to create a Same Game Parlay.

The sportsbook is currently available in several U.S. states and we can expect that number to continue to grow, as BetMGM is an emerging leader in the industry.

FanDuel Sportsbook

FanDuel began as a daily fantasy sports website in 2009. It became one of the leaders in the daily fantasy sports industry. In July 2018, Paddy Power Betfair bought FanDuel and expanded its operations to create a sportsbook.

FanDuel Sportsbook features one of the best mobile apps with a useful rewards system. The sportsbook debuted the Same Game Parlay in November 2019, which allowed users to create parlays with several bet types within the same game, such as moneylines, totals, and player props. Same Game Parlays have spread throughout the industry due to their popularity.

The sportsbook is available in several states and boasts quick payout times with several payment methods. They also have some of the best lines in the industry, which is important because you always need to be searching for value as a sports bettor. Always keep an eye for their promotions, such as odds boosts, which add value to your bets. You can access FanDuel in several states. The sportsbook is usually one of the first to open up in a new market.

Currently, new signups can get the FanDuel Bet 5 Get 200, which gives you $150 in bonus bets when you wager just $5!


DraftKings started off as a daily fantasy sports platform back in 2012 and quickly became one of the leaders in the industry. The company ventured into sports betting with the creation of DraftKings Sportsbook in 2018. It is now available in many states and is often one of the first sportsbooks to open in a state where gambling is recently legalized.

DraftKings Sportsbook is partnered with Michael Jordan as well as the NFL, ESPN, and other notable brands. The sportsbook features a ton of betting markets and bet types, along with promotions like odds boosts and parlay insurance.

Users are able to earn points in the rewards program and build Same Game Parlays, which are useful because you can combine correlated events for higher payouts.


BetRivers is owned and operated by Rush Street Interactive. It became a sportsbook in 2018 and added online betting in 2019. The sportsbook took up operations in the United States in 2019 and is now available in several states with that number expected to continue to grow.

BetRivers Sportsbook offers live-streaming of selected events, which allows users to check in on their bet in real time. It is a safe and reliable sportsbook that provides multiple payment options with minimal processing times.

BetRivers has an app that is easy to use, which optimizes the betting experience. The sportsbook features useful promotions such as profit boosts and bet & get offers on marquee sporting events, like UFC fights.


Betfred was established in 1967 in the United Kingdom and quickly became one of the most popular sportsbooks in the world. The company set up shop in the United States in 2020. It is currently available in some states and will continue to expand.

Betfred features an online casino with a user-friendly interface. The sportsbook includes several betting markets with options for daily boosts and live betting. They offer promotions to help provide more value to their users.

This is a reputable brand that will have users feeling comfortable registering for an account and depositing funds. Betfred is partnered with retail casinos in the states where they are operational, including Wind Creek Casino in Pennsylvania.


Tipico was launched in Europe in 2004 and has become the most popular sportsbook in Germany. They entered the fray in the United States in 2020 and is now operational in a few states.

Tipico became the official sports betting provider for USA Today in a five-year deal that was announced in July 2021. They also unveiled an online casino in November 2021.

This is a fantastic and rising brand that has a smooth app interface and ample options of betting markets including a ton of daily odds boosts and risk-free bets. They’ve partnered with Caesars in a multi-state access deal to join more states, with more coming soon.

Which Sportsbook Has the Best Promotions?

Currently, the DraftKings promo code is the best sportsbook promotion.

This offer can be on-and-off during the sports calendar year, but tends to make an appearance during the NFL season and March Madness.

It isn’t limited to those sports, as you can bet a $5 moneyline on any game and get $200 in bonus bets whether your bet wins or loses with this promotion. Use code GAMEDAY200 at sign-up or click “Get Bonus" below to activate the offer.

What Other Types of Promotions Are There?

These sites also feature promotions for daily fantasy and props betting sites.

Underdog Fantasy

Underdog Fantasy was founded in 2020 and now features a few notable investors like Mark Cuban. The platform is most popular for its fantasy football BestBall tournaments, including BestBall Mania, which paid out $1 million to the winner. They also include Daily Snake Drafts and Pick’Em contests. The Pick’Em contests allow users to create parlays of player props.

Underdog Fantasy continues to grow across the country and will likely soon be available in every state. It’s the leader in BestBall tournaments across the fantasy sports industry, a format that continues to surge in popularity.

Underdog began strictly as an NFL platform, but it has expanded to include NBA, MLB, and NHL. They have a useful welcome bonus and weekly promotions to help their users, such as “free square” props that are guaranteed wins (unless the player gets hurt).


PrizePicks was created in 2015 and has gained popularity due to the emergence of prop betting. PrizePicks has developed partnerships with sports teams such as the Atlanta Falcons and Miami Marlins.

Players can make parlays of prop bets for higher payouts. Each prop has the same moneyline, meaning that you don’t need to pay extra juice on the pick. Players also have the option to win their parlay even if they don’t get each pick right, albeit at reduced payouts.

Users can bet on props such as yardage totals, touchdowns, receptions, points, rebounds, fantasy scores, and much more. PrizePicks features a ton of different sports, anything from NFL to eSports. PrizePicks offers “free square” props as a promotion, such as Josh Allen Over 0.5 passing yards, which can help users win their parlays.


Jock MKT was established in 2020 and co-founded by Tyler Carlin with a group of investors that includes Left Lane Capital, Will Ventures, Ryan Moore, Brandon Adams, Benjie Cherniak, Tim McSweeney, and Alumni Ventures Group. It is currently available in over 30 U.S. states.

It is an innovative DFS platform that enables users to trade players as if they were stocks, it functions as a traditional stock exchange, where each player is assigned a value that increases or decreases.

It is an alternative to the standard DFS where you don’t need to worry about battling against season sharks, you just need to view it as the stock market and focus on buying low and selling high.


OwnersBox is based out of Kitchener, Ontario, Canada. They launched the first-ever weekly fantasy sports platform back in September 2020. Owner’s Box is currently operating in 36 US States.

Its weekly fantasy sports contests differentiate the platform from other daily fantasy sports platforms. However, you can still play daily fantasy football on OwnersBox.

Contests are head-to-head (vs. another player) or tournaments (vs. multiple players). Weekly contests require users to draft a team of players under an assigned salary cap, the contests run for seven days, so be mindful of the number of games played for each player during that time period.

Daily contests are available for fantasy football with the wrinkle of allowing Superflex contests, where users choose a quarterback at the FLEX position.

Sports With Promotions


Every football season you can be assured that a plethora of football betting promo codes will become available for both new and existing bettors. These are important promotions to keep an eye on because they are usually very easy to achieve.

The NFL is by far the most popular sport with bettors, so sportsbooks will release a ton of odds-boosts, risk-free bets, and other fun bets and promotions to help you pad your bankroll.

For example, this BetMGM promo is extremely easy. All you need to do is sign up and place a bet, if your first bet loses you’ll get your stake back in bonus bets, up to $1,000.


Many NBA promotions during the season tend to revolve around prop bets. For example, you may place a bet on a team to win, and for every three-pointer your team makes, a sportsbook will give you free bets.

Many sportsbooks will offer feature parlays, bets, and more every day and they often come with boosted odds.

You can pick and choose which ones you want to take, but a lot of times they’re interesting parlays correlating with the most highly anticipated games and best players.


NCAA Basketball promotions are primarily focused on the March Madness tournament due to its popularity.

For example, FanDuel offered new users a chance to 10x their first bet and many operators improved their offers during the NCAA Tournament.

For existing customers, many of the operators offer either no-sweat or risk-free bets for any games or parlays during the tournament. Like the DraftKings March Madness promo, where all users can get a No Sweat Bet on any NCAA Tournament game.


NCAA Football promotions tend to revolve around the National Championship or other important Bowl games.

Some operators will offer no-brainer bets such as bet Alabama to Score a Point at boosted (+100) odds.

Some operators, such as Caesars and their First Bet On Caesars Bonus, will offer risk-free, no-sweat, or second-chance bets so if your bet loses, you’ll get your stake back in free bets up to a predetermined amount.

Operators will also run a ton of parlay and bet insurance promotions for existing customers to get the best bang for your buck on college football bets.


NHL promotions are usually offered in the form of a Bet and Get. For example, users that bet at least $25 on a certain game might receive $5 for every goal their team scores.

They’ve also begun to offer promotions on props. Like the BetMGM First Goal Scorer promo, which gives players up to $25 back in bonus bets if your first goal scorer bet loses.

During the playoffs, the offers start to heat up, and there are several useful NHL promotions, such as Unibet’s promotion where if you bet at least $50 on a team to win the Stanley Cup, you would get an additional $5 for every postseason win.


The MLB season is finally getting underway and the sportsbook promotions are starting to heat up in the opening weeks of the season.

A lot of the operators will offer special promotions for home runs, strikeouts, and other exciting plays that happen throughout a baseball game.

For example, BetMGM offers users a chance to win a $2 Free Bet for every home run hit in select games, as long as the bet was at least $25. There are also odds boosts, where you might win +500 if the Atlanta Braves won and Eddie Rosario hit a home run.

With baseball season getting underway, check out the DraftKings MLB promo.

Best Online Betting Offers for New Customers

Below we’ve compiled the best online betting offers for new customers, these offers vary in format from risk-free bets to bet and gets at the top sportsbooks in the United States.

Caesars Sportsbook

Caesars Sportsbook is available in every state with legalized sports betting, and you can get your First Bet on Caesars, up to $1,250 when you sign up with GAMEDAYFULL.

Just and sign-up with GAMEDAYFULL, make your first deposit, and place your first bet. If it loses, get your stake back in bonus bets up to $1,250.

All you need to do is click the link above, or “Get Bonus" below to sign-up and activate now!

BetMGM Sportsbook

BetMGM is another sportsbook available in every state with legal online sports betting and their offering a First Bet Offer up to $1,000 when you sign up with promo code GAMEDAY.

and create your account with promo code GAMEDAY, make a deposit, and place your first bet. If your first bet loses, get your stake back in bonus bets up to $1,000.

If your first bet is more $50, you’ll receive your bonus bets in increments of 20% of the equal wager. So if you maximize this promotion with a $1,000 first bet and it loses, you’ll receive 5 $200 bonus bets.

Just click this link or “Get Bonus" below to activate the BetMGM First Bet Offer now!

bet365 Sportsbook

The bet365 welcome offer is one of the best in the industry and is available in CO, NJ, OH, and VA.

All you need to do is and create your account with promo code GAMEDAY. Make your first deposit and place your first bet of $1, and you’ll receive $365 in bonus bets — whether your bet wins or loses!

It’s that easy, just sign-up and place your first bet on bet365 of at least $1 and you’ll get $365 in free bets!

BetRivers Sportsbook

The BetRivers Sportsbook is one of the rising sportsbooks in the US online sports betting industry, and you can get a second chance bet when you sign-up with promo code GAMEDAY.

and create your account with promo code GAMEDAY, make your first deposit, and place your first bet on any market on the BetRivers Sportsbook.

If your first bet loses, get your stake back in bonus bets, up to $500.

How to Take Advantage of Sportsbook Promotions

Here at The Game Day, we will constantly update any new player and existing player promotions. This will help you stay up to date with any of the latest promotions. This is very important because it will allow you to build your bankroll. These promotions expire after a certain time, so be sure to get on them fast!

Remember to signup for our newsletter and bookmark this page so that you’re able to stay up to date with any changes to the promotions.

And don’t forget, if you aren’t in a typical legal betting state, you can play at Fliff Sportsbook where you can make real sports picks. Before you do though, be sure to check out the best sweepstakes casino no deposit bonus available in your area.


Frank Ammirante

Frank Ammirante is a Senior Sports Writer at The Game Day. Previously, he wrote for 4for4 Football and RotoBaller. Frank is a member of the Fantasy Sports Writer's Association while maintaining an active presence within the community. He has competed in industry contests like the Scott Fish Bowl, The Great Fantasy Baseball Invitational, and more. Frank will be making his debut in Tout Wars this year. He's got a diverse sporting background, but specializes in football and baseball.