Latest Update: May 20, 2022
Sportsbook promotions are a great way for new players to build their bankroll. We recommend you shop promotions prior to opening a new sports betting account, be sure to visit each page for current terms and conditions. All of these offers have been updated to reflect the best bonus available from each sportsbook for 2022.
Many new bettors are so excited to get started that they don't realize how important finding and using the best available promo code is. As a new player, this is your best opportunity to get free cash from sportsbooks, just for signing up. Here are a handful of tips to help you quickly find the right offer and maximize your deposit bonus.
Every offer has a unique set of terms and conditions, and these can vary considerably between sportsbooks. Be sure to thoroughly review the terms for each offer before deciding which promotion is right for you. Pay attention to rollover requirements, minimum bets, and how the bonus is paid out (cash vs site credit).
Even if you only want to deposit a total of $20, it may be worth breaking that deposit up over more than one sportsbook. This allows you to receive additional bonus money, test out multiple sportsbooks, and shop bets to find the best odds. Every sportsbook has unique odds for every game. You may find your bet at -110 at one sportsbook and +105 at another, that difference that adds up over time.
Let's first define what an odds boost offer is. When a sportsbook offers you the chance to bet $5 to win $150, or something similar, that is what we call an odds boost offer. The terms for these offers range from a guaranteed payout (such as the current BetMGM offer) to requiring your first bet to win to receive the bonus (such as the current DraftKings offer). Other things to consider with this type of promotion include the minimum bet required and the structure of the bonus payout.
We have reviewed every sportsbook on the market and can say one thing for certain, not every sportsbook is created equal. The mobile betting experience can be great with one sportsbook and terrible with another. Some sportsbooks charge way too much juice. Others make it difficult to withdraw your winnings. Always read honest reviews from actual customers before signing up.
While we opened this section by stating that this was your best opportunity to get free cash from your sportsbook, it is not the only opportunity you will have. Sportsbooks offer promotions on a nightly basis. These range from odds boost offers to bet insurance. Be sure to check the promos page each time you open the website or app to see what offers are available to existing players.
Not only do the spotsbook options vary in each state, but most US sportsbooks offer different promotions in each state. Find the best offer for you by clicking on your state on the map below.