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Top Sportsbook Promo Code Offers for 2024

Chris Lollis
Written by:
Last Updated: May 1st, 2024

Sportsbook promotions are the best way for new players to build their bankroll. The top promo code offers available this May include deposit bonus promotions, second chance bets, and odds boost offers. All of the promotions found on this page have been updated to reflect the best promo code offers available from the top 20+ U.S. sportsbooks.

#1

DraftKings

5 out of 5
DraftKings Sportsbook Promo Codes

Register using our exclusive DraftKings promo code to receive $200 in bonus bets with any $5+ wager. With this promotion, DraftKings will give you (8) $25 bonus bets, regardless of the outcome of your first wager.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#2

Bet365

5 out of 5
Bet365 Sportsbook

Bet365 is currently running one of the best sportsbook promos available. New players that sign up using our promo code (365BV1) receive $150 in bonus bets with their first $5 wager.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#3

FanDuel

4.9 out of 5
FanDuel Sportsbook Review

The current FanDuel Sportsbook promo code offer includes $200 in bonus bets when your first $5+ moneyline bet wins. Additionally, all new FanDuel players will receive a daily profit boost opportunity.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#4

BetMGM

4.8 out of 5
sportsbook-betmgm

BetMGM Sportsbook recently announced a new promotion that will run through the end of March Madness. Use our exclusive BetMGM promo code (EWBET1) to receive $150 in bonus bets with any $5+ wager.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#5

Caesars

4.8 out of 5
caesars sportsbook

New players that sign-up with the promo code BV1000 can bet up to $1,000 on Caesars. With this promotion, Caesars will give you your first bet back if it isn't a winner. The refund is paid in the form of a bet credit of equal value.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#6

BetRivers

4.7 out of 5
betrivers sportsbook promotions

While the $500 2nd Chance Bet is far from the biggest bonus offer in the US market, the 1x rollover makes this one of our favorite sportsbook offers this May. BetRivers Casino players can get a $500 deposit bonus.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#7

Underdog Sportsbook

4.7 out of 5
Underdog Sportsbook

Underdog Sportsbook made its long-awaited debut in North Carolina this March, launching with a unique First Bet Mulligan promotion. With this offer, if you miss your first bet, take another swing on Underdog, up to $1,000 as bonus funds.

Must be 21+ to gamble and present in North Carolina. Gambling Problem? Call 1-877-718-5543, visit morethanagame.nc.gov or call 1-800-GAMBLER. Terms, conditions and restrictions apply. See Underdog Sportsbook app for full offer terms.
#7

BetWay

4.6 out of 5
BetWay SportsBook Promotions

BetWay has expanded its US reach over the past year and is now live in 5 US states. Their current sportsbook offer includes up to $250 in bonus bets while their casino promotion offers a $1,000 second chance bet bonus.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#8

Sporttrade

4.6 out of 5
Sporttrade Sportsbook

Sporttrade is the most popular sports betting exchange in the U.S. As an exchange, Sporttrade is able to guarantee its players always get the best available odds. New players can sign up using promo code EWB1 for up to $300 cash back.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#9

Desert Diamond Sports

4.5 out of 5
Desert Diamond Promotions

Desert Diamond Sportsbok is currently only available in Arizona, giving it one of the smaller player pools in the industry. Despite the size, Desert Diamond has impressed with a solid app, and some of the top promotions available in Arizona.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#10

Prophet Exchange

4.4 out of 5
Prophet Exchange

Prophet Exchange is the first (and only) sports betting exchange in New Jersey. As an exchange, they are able to guarantee the best odds on the market. New users can get instant access to these odds when they register using our promo code.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#11

Tipico

4.3 out of 5
tipico sportsbook

If you live in Colorado, Iowa, New Jersey, or Ohio and haven't signed up at Tipico sportsbook yet, we recommend taking advantage of their current 100% deposit bonus by registering today!

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#12

ESPN Bet

4.3 out of 5
ESPN Bet Sportsbook

ESPN Bet is the new sports betting app from the World Wide Leader in Sports. The sportsbook replaced Barstool Sportsbook in 17 markets in November 2023. New players can get $200 in bonus bets with any wager.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#13

Fanatics Sportsbook

4.3 out of 5
Fanatics Sportsbook

Fanatics Sportsbook acquired PointsBet's North America operation in 2023 and has started to transition all operations to its new sports betting app. New players can receive a $1,000 second-chance bonus this May.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#14

Betr Sportsbook

4.3 out of 5
Betr Sportsbook Promotion

Betr Sportsbook launched in Ohio in January 2023 and added Massachusetts in May and Virginia in September. New sportsbook players can receive a $100 deposit bonus when they open a new account.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#15

SI Sportsbook

4.2 out of 5
si sportsbook promotions

Check out the all-new SI Sportsbook this May and receive up to a $100 deposit bonus! SI offers a polished betting experience at a new sportsbook app, backed by one of the biggest brands in sports.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#16

BetFred Sportsbook

4.2 out of 5
sportsbook-betfred

BetFred is one of the fastest growing US sportsbook operators, and has one of the best new player offers available. Register this May to receive a $105 no sweat bet. BetFred is now available in AZ, CO, IA, LA, MD, NV, OH, PA, and VA.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#17

Bally Bet

4.2 out of 5
bally bet promotions

Bally Bet made a quiet launch in 2021, but saw steady growth in 2022 and entered 2023 with momentum following a successful launch in New York. Use our promo code this May to receive a $100 free bet and a $550 second chance bet.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#18

SuperBook

4.2 out of 5
SuperBook Promotions

SuperBook is a well known sportsbook in Las Vegas and its new sports betting app has started to gain popularity across the rest of the country. New players can take advantage of their current promo code offer to receive a $250 second chance bet.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#19

PlayUp

3.7 out of 5
playup promo codes

PlayUp is currently offering new players a $20 no-deposit signup bonus and up to a $200 deposit bonus. The deposit bonus has a player-friendly 1x rollover requirement. New casino players are also eligible for this promotion.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
#20

888 Sport

3.5 out of 5
888 sport sportsbook

The top promo code offer at 888 Sport features an $88 cash bonus with an initial deposit of at least $20. Your bonus funds must be bet at least one time before withdrawing.

Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.
21+ to wager. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER. Call 1-800-NEXT-STEP (AZ), 1-877-770-7867(CO), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-9-WITH-IT (IN), 1-877-770-STOP (7867) (LA), Call 1-800-327-5050 (MA), Call 1-800-GAMBLER or visit mdgamblinghelp.org (MD), 1-800-270-7117 for confidential help (MI). Call or text 877-718-5543 or visit morethanagame.nc.gov (NC). Call 877-8-HOPENY or text HOPENY (467369) (NY), 1-888-532-3500 (VA).

Tips for Choosing the Best Sportsbook Offer

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 online sportsbooks just for signing up. Here are a handful of tips to help you quickly find the right offer and maximize your deposit bonus. After all, if you're going to sign up for a sports betting site, you might as well take advantage of our sportsbook promos.

#1 Understand the Terms for the Offer

Every sports betting offer has a unique set of terms and conditions, varying considerably between online 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). Almost all the online sportsbooks have different terms, so read them carefully before using online sportsbook bonus codes.

#2 Consider Signing Up at Multiple Online Sportsbooks

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 online 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. Don't leave money on the table, take advantage of all of the online sportsbook bonuses you can!

#3 Follow Each Step Carefully with Odds Boost Offers

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 and deposit required for the offer. For example, the current WynnBet offer requires a $50 deposit to receive a bonus, while other operators require only a $5 deposit. Don't worry, we dedicate our time to finding out not only the best sportsbook promos, but also their terms.

#4 Read Honest Reviews Before Picking a Sportsbook

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. That's why in our reviews on the various online sports betting sites, we include user reviews as well. This gives us, and subsequently you, a holistic perspective of the sports betting promotions.

#5 Track Retention Offers at Your Sportsbook

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 when you open the website or app to see what offers are available to existing players. You wouldn't want to miss out on any free bets or any of our sports betting promotions just because you forgot to check our site. It's as simple as that.

Find the top promo in your state

Not only do the online sportsbook options vary in each state, but most US sportsbooks offer different promotions in each state. For example, BetMGM might have specific sportsbook bonus codes for their Colorado customers, but completely different sports betting promotions for their Kentucky players. Find the best offer for you by clicking on your state on the map below.

How We Review Sportsbook Promos

Our team spends a lot of time reviewing and updating sportsbook promo code offers, which gives us insight into how offers work, what constitutes a reasonable offer, and which types of promo code offers new players prefer. It's also worth noting that we only review legal sports betting sites and online sportsbooks, so you know you're only getting the most legit sportsbook promos from us. Here is an overview of our process:

1. Curate the Best Promotions for all of the Online Sports Betting Sites

Our team works directly with every legal U.S. sportsbook to ensure that we always have access to the best available sportsbook promos. Beyond verifying through the sportsbooks themselves, we research what offers other websites are featuring to ensure that ours are always the best available. Whether it's free bets you're after, perhaps second chance bets, or even a simple deposit match bonus, we make sure we find the best ones for you.

2. Verify Every Bonus Offer is Accurate

Once we have received current promotions from every app, we then verify that the offer is correct across the entire EatWatchBet website. Several sportsbooks change the promotion available on a state-by-state basis, so this process is unique for each betting market. As we stated before, each sports betting site is different and sometimes their sports betting promo codes are different from state to state.

3. Comparing Offer Pros and Cons

We list the pros and cons for every promotion on the sportsbook's directory page on EatWatchBet. Once we have identified the best (and worst) features for each offer, we can compare every promo code available within a state to determine which online sportsbooks have the best promotions for new players in that market.

4. Update Rankings With New Offers

Our editors update our rankings anytime an online sportsbook changes or replace its current promotion. This not only ensures that the right offer is listed but also that we are featuring the best available offers at the top of our rankings.

Sportsbook Promotions FAQs

FAQs for Sportsbook Promotions

We created this page to show new sports bettors how promo codes work. The following FAQ section will help you find the answers you need about promo codes in a timely manner.

Visit our About Us page for even more insight into how we keep the best promotions at the top of every page on our website, and how we review sports betting and daily fantasy apps.

What sportsbook has the top bonus offer at the moment?

The top sportsbook bonus offer is a toss-up between BetMGM and DraftKings. We give the nod for best bonus offer to DraftKings and its bet $5, get $200 offer simply because it can be applied to any moneyline wager.

What are the most popular types of promo code offers in sports betting?

As of May, the two most popular types of bonus offers are bet-get (bonus bet) bonuses and second chance bets. Both of these are outstanding ways to add to your betting bankroll.

How often do sportsbooks update their promo code offers?

Most sportsbooks update their offers 2-3 times per year. However, FanDuel and DraftKings have been known to update their promotions a lot more often than that, oftentimes on a weekly basis. However, they usually have deposit match bonuses, they just vary from week to week.

Do all sportsbook bonus offers require a promo code?

No, several of the sportsbooks on our list don't even require a promo code to receive their signup bonuses. Unibet is one example of this. With these promotions, you will need to follow our link in order to find the offer page at the sportsbook.

Are promo codes just for new customers?

While there may be some exceptions, most sportsbooks only offer bonuses to new customers. However, existing customers can take advantage of other promos like Odds Boosts, reward credits, and reload bonuses.

Does every sportsbook on this list have a mobile app?

Yes, all of the sportsbooks that we partner with have outstanding mobile apps for both iOS and Android devices. Many people find that it's easier to bet on their phones than on their desktops or laptops.

Can I use a promo code more than once?

No. Promo codes like sign-up bonuses typically can only be used once per customer.  That doesn't mean that someone else can't use it.  So be sure to share the best sports betting promotions and let your friends get in on the bet credits as well.

Can I create multiple accounts?

That might seem like a good strategy - create a new sports betting account to take advantage of bonus codes - however, if the sportsbook catches you they will most likely disable all of your accounts, and you'll be left high and dry.  Sportsbook promo codes work by getting new users to sign up, not for existing customers to game the system.

What's one thing to pay attention to when deciding on a promo code offer?

Always read the fine print. In order to qualify for a bonus, most sportsbooks will have some sort of depositing requirement. You also want to make sure that you use your bonus bets or other bonus funds before they expire.

21+ to wager. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER. Call 1-800-NEXT-STEP (AZ), 1-877-770-7867(CO), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-9-WITH-IT (IN), 1-877-770-STOP (7867) (LA), Call 1-800-327-5050 (MA), Call 1-800-GAMBLER or visit mdgamblinghelp.org (MD), 1-800-270-7117 for confidential help (MI). Call 877-8-HOPENY or text HOPENY (467369) (NY), 1-888-532-3500 (VA).

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