Best Sports Betting Deals and Promo Codes

Yes, the title is true; we legally cannot lie to you. We are partnered with DraftKings to bring you this incredible new user offer that ends very soon!

Claim this offer using DraftKings:

  1. Sign up for DraftKings by clicking here
  2. Deposit $5 or more into your account
  3. Finally, place a $5 moneyline bet & get $150 in bonus bets ! (New users only)
Note* Want to bet on another game/sport? No problem – you’ll still get your $150 in bonus bets!*
green and white striped football field showing the 40 yard line

One thing you’ll discover with many sportsbooks is they offer some of their best sports betting deals and promo codes when you first sign up. It can take the form of bonus bets. When you place your first wager and lose, the sportsbooks will sometimes offer a bonus bet of an equal amount, up to a specified limit. Another promotion is to make a small wager, like $5, then receive bonus bets in a specified amount. It works great if you’re new to sports betting and want to try it out with minimal risk. 

Our guide can help you find the best sportsbooks with the best deals, so you can start betting on baseball or get ready for football season. We’ll cover sign-up bonuses, referrals, deposit matches, and other incentives so you can quickly find the best deals. 

How We Chose the Best Sports Betting Deals and Promos

We chose the best sports books based on the following things: 

  • Reputation: We selected the top sportsbooks known for responsive service and competitive odds.
  • Ease of use: Is the sportsbook easy to use? Can you find their promotions easily? User experience is paramount to a convenient and informative betting experience. 
  • Promos: Does the sportsbook offer bonus bets for new customers? Can you earn rewards the more you bet? We looked for sportsbooks that offer exceptional intro promos and rewards for regular players. 
  • Referral bonuses: Do you receive a bonus when you refer a friend? Pay attention to sportsbooks offering referral bonuses, as many require people to sign up for accounts and place a wager before receiving your bonus. Many sportsbooks also cap how much they pay in referral bonuses. 
  • Bonus bets: Another type of promotion many sports betting apps offer is bonus match bets. With these, you place a wager. If you lose, you’ll receive a bonus bet equal to the amount of your first wager. You’ll need a promo code to take advantage of these bonus bets. 

Based on these factors, we chose the best sports apps for promos.

Our Picks for the Best Sports Betting Apps

Best Sports Betting Sign-Up Bonus: FanDuel  

  • Trending arrows help determine if trends are heading your way 
  • Intro bonus up to $300 when you place a $5 bet 
  • Clean, easy-to-read interface
  • Varied customer service experiences
  • Limited odd boost promotions

About FanDuel  

For new bettors looking for a good deal, FanDuel is one of the best sportsbooks to consider. Their website and mobile app are simple to use. They also feature tools like trending arrows. These arrows work like stock tickers to help you identify trends with money lines, point totals, and more. Further, when you sign up for an account and place a $5 wager, you’ll earn up to $300 in bonus bets with no promo codes required. 

Why We Like It

FanDuel is one of the easiest sites to use, making it popular with new bettors and those who are just looking for a quick and easy process. The $300 in bonus bets with a $5 wager is a helpful way to acclimate new bettors to the site. You can place multiple wagers without losing much money. To help you win, FanDuel includes tools like their trending arrows. It can help you spot trends in where the moneyline goes and whether it’s a bet to wager or pass.

Best Sports Betting Referral Reward: Caesars Sportsbook

  • Welcome bonus up to $1,000 if you lose your first bet 
  • Exceptional layout for quick access
  • Great loyalty program
  • Not available in all states
  • Doesn’t have the most responsive customer service

About Caesars Sportsbook 

If you’re looking for an easy-to-use sportsbook with an exceptional introductory bonus, Caesars Sportsbook is a wise choice. When you sign up and fund your account, use the promo code “COVERSBONUS1000” with your first wager. If your first bet loses, Caesars will match that bet up to $1,000. Moreover, Caesars also offers an exceptional referral bonus of $100 for everyone who signs up for an account and places a wager. 

Why We Like It

Caesars gives you many ways to bet on games. You can bet on money lines, futures, point totals, inning/quarter winners, and more. The site is clean, the information is easy to read, and it’s simple to use. Caesars also offers referral bonuses of $100 per person, capping at $1,000.

Best for Sports Betting Deposit Match: BetMGM 

  • Up to $1,500 in bonus bets 
  • Extensive NFL futures market 
  • Excellent first TD odds on primetime games 
  • 24/7 customer support
  • No phone customer support 
  • Limited rotating promotions

About BetMGM 

BetMGM is the best sportsbook for deposit matching. When you sign up for an account, fund it, and make a wager using the promo code “CVRBONUS1500,” you’ll earn a match of up to $1,500. If you bet high and lose the first time, you can try the same bet amount again. Moreover, BetMGM offers competitive odds, an easy-to-use interface, and responsive online support to make it one of the best sportsbooks. 

Why We Like It

It offers many ways to bet on games, from money lines to which team scores first. The $1,500 deposit matching, using the promo code “CVRBONUS1500” is the best you’ll find with any sportsbook. The website and mobile app are easy to use, and you can score exceptional bonuses on NFL games.

Best for New Users: DraftKings 

  • Bet $5 receive $150 in bonus bets 
  • Clean and easy-to-use mobile app
  • Ample promos and odds boosts
  • Doesn’t offer phone support 
  • Can limit winners on a short-term hot streak

About DraftKings 

DraftKings offers an exceptional mobile app. New customers can sign up for an account within minutes and will find the app easy to navigate. After funding your account, make a $5 wager to earn $150 in bonus bets. You don’t need a promo code to receive this promotion. It makes it a convenient way for new bettors to become familiar with the mobile app or website and place bets with minimal investment on your end. 

Why We Like It

DraftKings offers ample promos on some of the top games of the year. On top of this, you can earn $150 in bonus bets with a $5 wager. It allows you the opportunity to make multiple bets. And even if you lose all your wagers, you’re only out $5. Their mobile app is one of the best offered by any sportsbook, according to users. That, coupled with the bonus bets, makes it a wise choice for new sports bettors.

Best for Multiple Promo Offers: Bet365 

  • Easy-to-read betting lines
  • Up to $1,000 in bonus bets with account funding and a $10 opening wager 
  • Multiple funding options
  • Only available in seven states

About Bet365 Sportsbook 

Bet365 Sportsbook is one of the few to offer multiple promotions to new customers. When you sign up for an account, you can receive $150 in bonus bets with a $5 wager. Or, you can use the promo code “VIBONUS” to receive up to a $1,000 bonus bet if you lose your first bet. This promotion is perfect for those new to sports betting or avid bettors looking for a reliable sportsbook with responsive service, competitive odds, and multiple funding options. 

Why We Like It

It gives you multiple promos upon signing up for an account. You don’t need a promo code to earn the $150 in bonus bets, make a $5 wager to qualify. It’s perfect for new bettors who need to make multiple bets but don’t want to invest much money. The site also includes a bonus bet of up to $1,000 for those who wager larger amounts, but lose their first bet.

Factors to Consider When Choosing a Sports Betting App

There are many sportsbooks to choose from, each with its own promos and incentives. As you compare them, here are a few factors to keep in mind. 


Any time you place a bet, you’re putting your trust in that sportsbook to pay out fairly if you win. It means finding sportsbooks with exceptional reputations for responsive service and payout is vital. The sportsbooks we chose all have stellar ratings from those who use them. 

Ease of Use

Many sportsbooks share similar layouts when you visit their websites. However, a few things that separate the best from the rest are easy-to-read promotions, support buttons on the home page, and tools to make you feel confident about your bet. Some sports betting apps offer trending arrows to help you see patterns on money lines, similar to how stock histories work. This information makes it easier to determine if the bet trends are in the right direction. 

Promos and Bonuses 

Many sports betting apps offer incentives for new customers. Some, like the sportsbooks for MGM, offer rewards every time you bet. You can use these rewards for concert tickets, hotel stays, or tickets to sporting events. Some also offer referral bonuses when a friend signs up and places a wager. When choosing a sportsbook, examine all the promos and rewards offered to find the most suitable one for your needs.


Which Sportsbook Has the Most Promos?

Caesars Sportsbook offers the most promos. New customers can take advantage of Caesar’s bonus bet of up to $1,000 if their first wager loses. 

What Betting Site Gives Free Bets?

Many sports betting sites provide free bets. Some sportsbooks, like FanDuel, offer up to $300 in bonus bets when you place a $5 wager. Other ones, like BetMGM, offer a bonus bet of up to $1,500 if your first one loses. You’ll need to apply promo codes or follow the promotions instructions on their respective websites. 

Which Sports Betting App Has the Best Payout?

DraftKings and FanDuel have reputations for quick payouts. BetMGM also earned a reputation for the most payout options. For bettors looking to maximize payouts, pay close attention to promo boosts for top games in the NBA, NFL, and college sports. These boosts can increase your winnings.

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