Best Online Sportsbook Promos
The best online sportsbooks offer large sign-up bonuses, regular odds boosts, a range of weekly promotions and competitive rewards programs. Welcome bonuses are designed to attract new customers, while additional promotions aim to generate excitement among a sportsbook’s existing player base.
The legal U.S. sports betting industry is highly competitive, so companies provide these generous promos to stand out. You can capitalize upon this trend by signing up with several online sportsbooks and redeeming a variety of exciting sportsbook promos. This guide highlights the most appealing sports betting bonuses you can enjoy right now.
Top Sports Bet Promos for 2022
Best Promotional Offers From Online Sportsbooks
Our experts have reviewed every promotion provided by legal online sportsbooks in the United States. They focused on the size of the promo and the complexity of the wagering requirements. We eventually decided that these are the 10 best promotional offers from online sportsbooks and casinos:
- Caesars – Offers first bet insurance worth up to $1,250, plus 1,000 Reward Credits and 1,000 Tier Credits
- FanDuel – No sweat first bet worth up to $1,000
- BetMGM – Offers a risk-free bet of up to $1,000
- BetRivers – Offers a second chance free bet up to $500
- Unibet – Risk-free first bets of varying sizes in the states it operates in
- Bet365 – Provides an exciting bet $1, get $200 welcome bonus
- Mohegan Sun Casino – $20 no deposit bonus, plus 100% deposit match up to $1,000
- WynnBET – Bet $100, get $100 free bet bonus, plus lots of additional offers
- Borgata – Bet $20, get $100 bonus in New Jersey
- Resorts Casino – $20 no deposit bonus and 100% match deposit bonus up to $1,000
Find The Best Sportsbook Promos
We have briefly listed the best sportsbook promos above, but they are broken down in detail below. You will learn how to redeem each bonus and the wagering requirements you need to complete.
Caesars will provide new players with a full rebate worth up to $1,250 if your first online sports bet loses. Just sign up, make your first deposit and place a minimum bet of $10 on one of the games listed to qualify. If you win, Caesars pays you in cash. If you lose, you get the money back as a free bet, with a 1x playthrough requirement.
The welcome bonus also includes 1,000 Reward Credits and 1,000 Tier Credits for the loyalty program, Caesars Rewards. After signing up, you can visit the “Boosts” section of the Caesars Sportsbook app each day to check out a long list of boosted markets, spanning parlays, single game parlays and prop bets.
Head to the promo page to see the various deals available to all users each week. They include profit boosts, free bet deals, giveaways and a referral bonus, which will earn you a free bet worth $100 if you send friends to the site. Your friend just needs to deposit $50 after signing up, and you will both then get the $100 free bet.
FanDuel offers a “no sweat” first bet of up to $1,000. Place a bet of $10 or more on any sport listed at FanDuel to qualify. If you lose, you’ll get a full rebate, paid as bonus credit. The bonus funds have a 1x wagering requirement, with no minimum odds, and they can be divided into smaller bets.
There are also lots of regular odds boosts for FanDuel customers, along with contests such as the $100,000 Hi-Lo challenge or the Swing for the Greens golf promo. It provides free bets through certain other sportsbook promos too, and insurance deals on some bets.
New BetMGM customers can place a risk-free bet of up to $1,000 after signing up with this highly-rated sportsbook. You just need to bet $10 or more on any game to qualify. If your bet loses, you get the money back as free bet credits, up to a maximum rebate of $1,000.
You will be given a single free bet if the rebate is below $50, and larger rebates are divided into five. For example, if you place a losing $1,000 wager, BetMGM will give you five $200 free bets. They all have a 1x rollover requirement. After completing it, you can cash your winnings out.
Additional BetMGM bonuses include parlay boosts of up to 40%, same-game parlay insurance, odds boosts and a referral bonus. The loyalty program is called MGM Rewards.
BetRivers offers a “2nd chance” free bet of up to $500. You can place a bet of $10 or more on any of the games listed at this online sportsbook. If you lose, you will get the money back as a free bet of up to $500. This free bet needs to be used on a single market, as you cannot divide it up, and it has a 1x rollover requirement.
The BetRivers online sportsbook is available in many states, and it also has a sister site named PlaySugarHouse in Connecticut. Both sportsbooks offer identical promos. Additional bonuses include profit boost tokens and odds boosts. The loyalty program is iRush Rewards, named after its parent company Rush Street Interactive.
Unibet provides a risk-free bet as its welcome bonus. The size of the risk-free bet varies in each state. The Unibet New Jersey sign-up offer is noteworthy, as you will be refunded in cash if you lose, which is rare. You can place a bet of up to $250 on any sport, and you will get it back in cash if you are unsuccessful. That means the money can be withdrawn straight away, without any wagering requirements.
In all other states, Unibet issues the refund as bonus credits, with a 1x wagering requirement. It also provides a variety of additional bonuses, including free bets and boosts, which encourage customers to return regularly.
Bet365 offers one of the most exciting sign-up bonuses in the country. The only downside is that this sportsbook is only available in Colorado and New Jersey. If you sign up and place a $1 bet, you will be issued $200 in free bet credits. They have a 1x wagering requirement, you can divide them up any way you like and there are no minimum odds.
Additional promotions include early payout offers on football, basketball, baseball and hockey. For example, if you bet on an NHL team to win a game and it leads by 3 goals, you will be paid out immediately, even if the team loses. There are also parlay boosts of up to 70% and odds boosts.
Mohegan Sun Casino
Mohegan Sun Casino provides new customers with a $20 no-deposit bonus. You will receive the funds as soon as you sign up. It also offers a 100% deposit match offer of up to $1,000 as part of the welcome package.
The bonus funds come with simple wagering requirements – 5x on slots and 25x on table games, roulette and video poker, which can have a high RTP – making this an appealing deal. There are further promotions for all customers on a weekly basis too.
WynnBET customers can earn a $100 free bet as a reward for placing a $100 wager after signing up. You will need to place your qualifying bet at minimum odds of -120 and then roll the free $100 bet over 1x at odds of at least -150. This offer is available in states in which WynnBET does not have an online casino. In states like New Jersey and Michigan, you get a $50 free sports bet and $50 in casino credits.
The offer is also a lot smaller in New York, where you will only get a $5 free bet for placing a $100 wager. Many sportsbooks have stopped offering New Yorkers welcome bonuses due to the high tax rates in the state. Additional bonuses from WynnBET include free bets, contests and a one-hour window each Thursday to bet at reduced juice odds.
Borgata is a sister site to BetMGM, co-owned by MGM Resorts and Entain. Its sports sign-up bonus is a bet $20, get $100 offer. You’ll get $100 in free bet credits, which have a 1x wagering requirement if you sign up and place a $20 qualifying bet.
New Borgata online casino customers will also get a $20 no-deposit bonus, along with a 100% deposit match offer worth up to $1,000. That is the same as the Mohegan Sun and Resorts Casino bonuses. Borgata is also part of the MGM Rewards program.
Resorts Casino gives new users a $20 no-deposit bonus, which has a 5x rollover requirement on slots and 25x on table games – just like sister site Mohegan Sun Casino. It also provides a 100% deposit match bonus of up to $1,000.
Additional promotions include free spins through specific games each week, along with leaderboard contests. There are also weekly prize draws, and the loyalty program is named Resorts Rewards.
Promo Code Terms to Know
The terms and conditions under each sportsbook promo code will explain how to redeem the offer and the wagering requirements on any bonus funds you earn. These are the main terms to seek out when using sportsbook promo codes:
- Betting Type Restrictions | Some sportsbook promos can only be used on certain bet types. For example, you may not be able to place a parlay or a futures bet. There may be minimum odds requirements on risk-free bets.
- Expiration | The best sportsbook bonuses will expire on a certain date, so you should always claim an attractive deal before it disappears. After registering an account, you will need to make a minimum deposit and potentially place a minimum bet within a certain number of days to redeem the bonus. The bonus funds will also expire if you do not roll them over within a certain period of time, such as seven days. At that point, they will be removed from your account, so make sure you keep an eye on the deadline.
- Minimum Deposit | You need to fund your sportsbook account with a minimum amount of money to qualify for most sign-up bonuses. For example, a $10 deposit is necessary for the BetMGM risk-free bet offer, whereas WynnBET requires you to deposit $100 for its sign-up bonus.
- Minimum Odds | You may be required to place a bet at minimum odds to qualify for a bonus or when satisfying rollover requirements. New WynnBET customers must wager $100 at minimum odds of -120 to redeem the welcome bonus, and they must then use the $100 free bet at minimum odds of -150.
- Wagering Requirements | This tells you how many times you need to play your bonus money through before the sportsbook will approve a withdrawal. It is also known as a rollover requirement or playthrough requirement. Most sportsbook bonuses have a 1x wagering requirement. For example, if you receive $100 in bonus funds through the FanDuel bonus, you need to place $100 in wagers before any winnings convert to cash in your account. Only then can you withdraw your profits. Your first bet doesn’t need to meet that amount, but you must wager that amount to be able to cash out your bonus money.
Risk-free bets are the most common sign-up bonuses at legal sports betting sites in the U.S. They follow a similar format at each site. To qualify, you just need to sign up, make a minimum deposit and place a bet on any of the games listed. If your bet wins, you will be paid out in cash. If you lose, you will get your money back. Some sportsbooks provide you with a cash rebate, but it is normally paid in bonus funds. The bonus funds have a 1x rollover requirement. After completing it, you can cash out any winnings you secure.
Some campaigners have criticized the term “risk-free bets,” as the rebate is invariably paid out in site credit, rather than cash. That means it is not fully risk-free, as you will only earn your initial deposit back if you place a bet at odds of at least +100 and that bet wins. For that reason, most online betting sites now use different language when referring to risk-free bet offers. FanDuel calls it a “no sweat” first bet and BetRivers offers a “2nd chance free bet,” but the offer is still the same.
Deposit match bonuses are the most common welcome offer at online casinos. You can also find deposit match bonuses at some online sportsbooks. To redeem this type of bonus, you just need to register an account and make a minimum deposit. The online gambling site then matches a percentage of the deposit amount with bonus credits, up to a certain limit.
For example, you can redeem a 100% deposit match bonus of up to $1,000 at Resorts Casino and Mohegan Sun Casino. There are similar deals at BetMGM Casino and Unibet Casino too. You then need to roll the bonus funds over before a cash withdrawal will be permitted.
No Deposit Bonus
Lots of online casinos provide new customers with no-deposit bonuses. That means you receive free bet credits immediately after signing up, without the need for a qualifying deposit. As always, a rollover requirement is attached to the free bet credits, which must be fulfilled before cashing out.
Some online sports betting sites will occasionally provide no-deposit bonuses too. It may be available at a new online sportsbook that is keen to quickly increase its player base. A no-deposit bonus may be bundled into a welcome package too – for example, a $20 no-deposit bonus along with a 100% deposit match offer.
Some sportsbooks will provide short-term odds boosts for new customers. These odds boosts are very large, as they are designed to draw in new customers during the build-up to a major sports event, such as the Super Bowl. For example, FanDuel offered new users a $5 bet at +5600 on either team to win Super Bowl 56.
Those odds boosts are rare in online sports betting. Most odds boosts are a lot more modest, and they are aimed at all customers, as opposed to new users. Online sportsbooks such as FanDuel and BetRivers have a “Boosts” section, which you can visit to see which betting markets are boosted each day. They rarely apply to straight bets. You will normally find odds boosts of prop bets, parlays or same-game parlay combos. For example, you could see Aaron Judge, Freddie Freeman and Juan Soto to each record 1+ hits, boosted from +200 to +300.
A reload bonus is a type of deposit match offer aimed at players that already hold accounts with a particular online sportsbook. It is designed to encourage repeat business, as it offers an incentive to top up your account balance. The reload bonus tends to be smaller than the sign-up offer, but still attractive enough to inspire you to regularly make deposits.
Reload bonuses are popular at offshore sportsbooks. They are not offered at licensed, regulated online sportsbooks right now, but reload bonuses may begin to appear in the future as the legal market matures.
Seasonal & Event-Specific Offers
There are lots of temporary promotions during key times in the sporting calendar. Promotional activity always increases at the start of the NFL season, during the week before the Super Bowl and throughout March Madness.
You often find the best sign-up bonuses available at these times, such as the FanDuel “Bet $5, Win $280” offer on Super Bowl 56 mentioned earlier, along with a variety of additional bonuses for all customers. Sportsbooks also launch contests during specific seasons. For example, BetRivers runs a $500,000 same-game parlay leaderboard challenge during the NFL season, and FanDuel offers a $100,000 Hi-Lo contest.
Most online sportsbooks and casinos run loyalty programs to reward customers for placing regular bets. You start off in the entry-level tier, and you can then work your way up to the higher levels by earning a certain number of points. Points are awarded each time you place a bet. You will normally earn more points if you place parlays or long-odds bets as opposed to simple, straight bets on sides and totals.
The points you accumulate can be redeemed for bonus credits. There is normally a bonus store that allows you to trade them in. You will often receive additional rewards too. For example, the MGM Rewards program at BetMGM is also linked to the company’s land-based casino resorts, such as Bellagio, MGM Grand, Mandalay Bay, Borgata and MGM National Harbor. MGM Rewards members earn preferential treatment and vouchers for things like spa treatments, show tickets and meals at those venues, based upon the loyalty level they are in.
Customer Referral Promos
A customer referral bonus will earn you a free bet for recommending a friend. The sportsbook will give you a unique referral link, which you can share with a friend. If your friend uses that link to create an account and makes a minimum deposit, you and your friend will each be rewarded with a free bet. It is normally worth $50, but some sportsbooks provide a $100 free bet for referrals.
How To Claim Online Sportsbook Bonuses In The US
Some online sportsbook bonuses require a promo code. You need to use that code when signing up to redeem the offer. Others will simply be awarded to you, with no code necessary.
Either way, all you need to do is click on the “Claim Deal” button located underneath any bonus featured at TheRX.com. If a code is required, clicking that button will add it to your sign-up form. If no code is necessary, clicking the button will still ensure you qualify for the best available offer at the sportsbook.
You then just need to sign up for an account, which will only take a couple of minutes. No deposit bonuses will be issued as soon as your account is approved. Deposit match bonus funds will materialize after you make a minimum deposit. All other bonuses require a qualifying bet, and you will then receive your bonus money after placing it or after it settles.
How do you choose a bonus?
The best sportsbook bonuses come with a 1x wagering requirement. That means you will be able to withdraw your funds after placing a single bet, without being unduly tied down. They also have minimum restrictions in terms of what you can use the bonus funds on.
We have highlighted several large and exciting sportsbook bonuses on this page. The best offers require only a minimal amount of risk and a high reward. If you cannot choose your favorite bonus, just claim them all. That will potentially leave you with thousands of dollars in your bonus bank.
Are there mobile sports betting bonuses?
Yes, mobile sports betting apps offer bonus codes and regular sportsbook promotions. As legal online sports betting launches across the country, there are a lot of online sportsbook operators that are now offering mobile apps.
Sports bettors can benefit from the same welcome bonuses and sports betting promotions on mobile. Some online sports betting sites also offer special promo codes for mobile users.