Best Sportsbook Promotions and Bonuses 2025 (UPDATED)

Written by: Shauli Zacks |✅Fact Checked and Updated March 2024 by: Michael Savio

Find the best sportsbook promotions from the leading US sportsbooks right here. We’ll show different types of sports betting bonuses, the latest bonus codes, and recommend the best ones based on our expertise.

It seems like every few months more states are legalizing sports betting in the US. One of the big challenges is that each state has its own rules and regulations when it comes to which sportsbooks can operate in each state, the available bonuses, terminology, and what sports are included in the sports betting legislation.

Therefore, going through each state's bonus offers on one page doesn't make a lot of sense. Click on the links below for the state or states that you plan on betting in for a complete breakdown of the best available sportsbook bonuses. 

Arizona	Maryland	Ontario
Colorado	Massachusetts	Pennsylvania
Illinois	Michigan	Tennessee
Kansas	New Jersey	Virginia
Kentucky	New York	Vermont
Louisiana	Ohio	West Virginia

Understanding the Different Types of Sportsbook Promotions

There are different kinds of sports betting that will accompany you throughout your sports betting journey. It starts with a sportsbook sign-up bonus, which can be a matching bonus or a first bet refund bonus. These allow you to test the waters and see how the sportsbook works and try out a few bets.

As you continue to bet, you'll find more gambling bonuses that are geared towards specific sports, events, or the time of year.

Here are some of the most popular types of sportsbook bonuses and where you can find the best ones.

This is the first chance the sportsbook has to woo new players to register an account. There are different types of sign-up bonuses.

Second Chance Bets

With a second chance bet, you don't have to worry about losing right out of the gate. This offer is typically for new players, although from time to time, it can appear as a recurring promotion. Second chance bets act as a safety net on some bets. For example, if your first bet is a $500 bet on a single game parlay and you lose, the sportsbook will refund your loss in bonus bets. BetMGM is the best sportsbook for second chance bets, with a $1,500 maximum bonus offer.

No Deposit Sign-Up Bonus

Some sportsbooks will reward players for simply creating an account. The rewards are typically very small, just enough to get you to give the sportsbook a chance. No deposit bonuses are pretty rare these days, but if you look hard enough, you can find one popping up from time to time.

First Deposit Match

This is the most common welcome bonus; you make a deposit up to a certain amount, and the sportsbook will match your deposit with bonus bets. For example, if you make a $100 deposit, the sportsbook will award you with $100 in bonus bets, giving you $200 with which to bet. Sports Illustrated Sportsbook has one of the best welcome bonuses with a 100% match up to $100.

The bonuses don't stop once you've joined the sportsbook. Returning players can often have bonuses that are geared toward keeping them entertained and happy.

Seasonal Bonus Bets

You can find bonus offers that make exciting times of the year for sports fans even more thrilling. College basketball fans can find exciting bonuses for March Madness betting, and football fans will have Touchdown promotions or other similar types of bets throughout the season. Similarly, you'll want to find Super Bowl betting sites in January to place creative prop bets on the big game.

Reload Bonus

Bettors don't just get rewarded when they make their first deposit. Reload bonuses are another way to pad your bankroll with bonus bets. You can also get bonus bets after a regular deposit. Reload bonuses aren't usually 100% matches, like welcome bonuses. Additionally, you'll have to deposit during a specific timeframe, such as Monday between 9:00 and 12:00, to qualify.

Odds Boost

The best sports betting sites will boost odds on select markets to improve the odds. For example, if the regular odds are +200, you might be able to qualify for +250 odds. Bet365 is one of the best options when it comes to odd boosts on all major US sports.

Ongoing bonuses for loyal players extend beyond financial incentives. Whether through reload bonuses, loyalty programs, or cashback offers, the goal is to create a relationship where bettors are rewarded for their loyalty, and sportsbooks benefit from a dedicated and satisfied user base.

Loyalty Programs

Loyalty programs are a testament to a sportsbook's commitment to its regular players. Typically structured as point-based systems or tiered programs, they offer escalating perks as players ascend through the ranks. BetMGM Sportsbook has the best loyalty program. Players can earn points that can be redeemed for hotel stays, exclusive discounts in Las Vegas, and special bonuses on select betting markets.

Cashback Offers

In the face of losses, cashback offers act as a safety net, providing players with a percentage of their losses back. This type of ongoing bonus is particularly appealing to those who appreciate a risk-mitigation strategy.

Referral Bonus

The goal is simple: get your friends to join your sportsbook, and you'll be rewarded with bonus bets. FanDuel Sportsbook has a "Give $75 Get $75" refer-a-friend bonus offer. Just make sure that your friend makes a deposit and places a bet of at least $10 to qualify.

When it comes to sports betting, bonuses play a crucial role in choosing the right sportsbook. Sportsbook promos add to the regular betting experience and give gamblers, both new and experienced, something extra to look for, such as sign-up perks and ongoing rewards. In our guide, we break down the world of sportsbook bonuses, highlighting the top perks available.

From attractive sportsbook sign-up bonuses to continuous rewards for loyal players, we've got you covered. Join us on this journey, where we lay out the bonuses that truly make a sportsbook stand out. Because, in the game of betting, having the right bonuses can be the key to a winning strategy.

As sports betting becomes more popular in the US, the top sportsbooks are all competing for your bets. That means that you'll have a great selection of sportsbook promotions to choose from. At USA Legal Betting, we've already done the hard work for you and compared the available sports betting bonuses.

Now that you know more about the different types of sportsbook promotions, we’ll take a closer look at the sportsbook and their specific bonus offers.

BetMGM Sportsbook

Bet365 Sportsbook

BetRivers Sportsbook

Betway Sportsbook

FanDuel Sportsbook

SI Sportsbook

Promo codes are a great way to unlock exclusive sportsbook bonuses. Currently, most sportsbooks are offering their bonuses to everyone without a promo code. The one exception here is BetRivers, which requires that you enter the promo code SPORTS to claim its 2nd Chance Bet up to $500 welcome bonus.

Just because a sportsbook claims to have the best sportsbook promos, that doesn’t mean that you need to claim the offer, even if it sounds like a good deal. . 

Here are our tips and strategies for finding the right sports betting bonus for you:

Don’t be afraid to bet with multiple sportsbooks. You can sign up with several different operators to find the  best online betting offers for new customers.

Understand the different types of bonuses. (e.g., deposit match, free bets, reload bonuses) to strategically choose ones aligning with your betting preferences.

Get the most value with deposit match bonuses by depositing an amount that maximizes the bonus percentage without exceeding your comfort zone.

Focus your bonus bets on games you know. This strategic approach enhances the likelihood of meeting wagering requirements successfully.

Download the sportsbooks mobile apps and compare the best app promotions to their best site promotions, to see if there’s an advantage of using a specific platform.

If a bookmaker offers a cash-out option, use it strategically to secure your winnings or minimize losses, particularly when a bet is going against your prediction.

Capitalize on sports seasons or major events when bookmakers often roll out special promotions and bonuses. These can provide added value during peak betting times.

The best betting offers and the best betting sign up offers might look too good to be true, and in some cases they are. Here are some important factors to understand, that can help filter out sportsbook promos that aren’t really the “best”

Free isn't always free: Some promotions labeled as "free" still require you to make a deposit. It's crucial to read the fine print to see the actual cost and benefit of the bonus.

Risk-free doesn't guarantee zero risk: While "risk-free" promotions offer a safety net, they often come with conditions. Your initial stake might be refunded as a free bet rather than as cash, introducing nuances to the term "risk-free."

Wagering requirements matter: Before you can cash out or withdraw your bonus winnings, sportsbooks may require you to wager the bonus amount a certain number of times. Understand these conditions to make informed decisions.

Expiration dates: Many bonuses have an expiration date. Missing this deadline could result in the forfeiture of the bonus. Stay vigilant about the timeline associated with each promotion.

Market restrictions apply: Some bonuses may be limited to specific markets or events. Ensure that the bonus aligns with your preferred sports or wagering choices to optimize its utility.

Letting the promotion expire before you place your bet: Some bonuses come with expiration dates, and neglecting them might result in missed opportunities for extra value.

Betting on markets that aren’t included in the bonus: Make sure your wagers align with the specified markets outlined in the sports betting offers to optimize the value you receive.

Not getting the maximum value:  Maximizing value is crucial when it comes to sportsbook promos. Beyond the initial excitement they bring, actively seeking ways to extract the most value – whether through strategic betting or exploring different markets – enhances the overall impact of these sportsbook promotions on your betting experience.

Not meeting the minimum wagering requirements: Overlooking rollover requirements is a common mistake. Each bonus may come with specific conditions, and understanding them ensures that you can withdraw the bonus funds.

Placing bets that don’t meet the odds requirements:  Some of the best sportsbook promotions will specify minimum odds for qualifying bets. Ignoring this requirement will result in you not qualifying for the bonus.

Sports betting promotions are designed as an incentive for you to sign up and stay with a sportsbook. But don’t make the mistake that these gambling bonuses are free money that the sportsbook is giving away. The bonus bets that you receive can only be used with certain markets and odds and can't just be withdrawn without using the same bonus bets multiple times and winning. Some bonus bets can never be redeemed; the sportsbook will keep your stake while you get to enjoy the winnings.

Understanding how these promotions work and the steps to claim them is pivotal for anyone looking to make the most of the opportunities offered by online betting platforms. Here are the basic steps needed to claim the best sportsbook promotions. 

1. Register your account: The first step to claiming any sportsbook bonus is to register your account and make a deposit.
2. Eligibility Criteria: To participate in sportsbook promotions, you need to meet specific eligibility criteria. This may include being a new user, making your first deposit, or fulfilling certain wagering requirements. Understanding these criteria is fundamental to successfully claiming the promotion.
3. Claim the promotion: Betting promotions come in various forms, including sportsbook sign-up bonuses, free bets, reload bonuses, odds boosts, and more. Some bonuses are automatically added to your account, and others you need to actively claim by clicking on a link or making certain bets. Each type has its unique benefits, eligibility criteria, and terms. Knowing the distinctions helps you choose the sports betting bonus that aligns with your preferences..
4. Find the right promo codes: Some promotions require you to enter a promo code to add the bonus to your account. Sometimes, we’ll have exclusive promo codes, and other times the sportsbook will provide it.
5. Make the qualifying bets: Some promotions may require users to place qualifying bets to activate the bonus fully. These bets often need to meet specific criteria, such as minimum odds or being placed on certain markets.
6. Make sure to select Bonus Bets on the bet slip: Before you submit your bet, take a second look at your bet slip to see that the Bonus Bet option is selected. If you forget, the bet will be made with money from your real money account.
7. Don’t forget to use the bonus bets before they expire: Pay attention to the expiration date for your bonus. Once the expiration date passes, the bonus will be removed from your account.

Betting on sports or leagues that you know is a smart choice. The same logic applies to finding promo codes and unlocking bonuses specifically geared towards your sport of choice. For example, a basketball fan that doesn’t know anything about MMA shouldn’t waste their time looking for a promo code that will give advanced odds for UFC Fight Night.

Click on the links below to find the best sportsbooks and promo codes, divided by sports. 

MLB Betting Sites	NCAAB Betting Sites	UFC Betting Sites
Football Betting Sites	Basketball Betting Sites	NHL Betting Sites
NFL Betting Sites	NBA Betting Sites	Soccer betting sites
NCAAF Betting Sites	MMA Betting Sites	Horse Racing betting

Choosing the right sports betting bonus involves more than just understanding different types of promotions; it's about identifying the option that aligns with your preferences and elevates your enjoyment of the sports you love. Let's explore the key factors that can guide you in making an informed decision.

The best percentage match isn’t always 100%

When selecting a sign-up bonus, look for a generous percentage match on your initial deposit. For instance, a sportsbook offering a 100% match will double your deposit, providing a substantial boost to your starting bankroll. Keep in mind that ongoing bonuses and promotions typically feature lower match percentages, ranging from 20% to 50%.

Can you get better odds to improve the bet

Opt for bonuses that enhance your odds, especially when you're unsure about a bet. If, for example, you're on a football betting site and find the +200 odds on the home team insufficient, a bonus that boosts the odds to +350 might make the bet more appealing.

What is the betting limit for the bonus offer

While a high percentage match is enticing, pay attention to the maximum limit set on the bonus. Choosing a sportsbook with a 50% match up to $500 might be more advantageous than a 100% match up to $100, especially for those planning to deposit a larger amount. Compare bonus caps, considering factors like a second chance bet bonus and a 100% match bonus. 

For instance, SI Sportsbook offers a 100% match up to $100, while BetMGM provides up to $1,500 back in Bonus Bets.

It's important to note that you'll only receive the BetMGM bonus if you lose your bet, whereas the SI Sportsbook bonus comes your way whether you win or lose. Consider your wager amount as well, as it can help determine the best offer for you.

Find betting bonuses that were created for specific sports

Tailor your choice to sports you know and love. For instance, if you're a college football fan, look for special promotions during Bowl season. This ensures you not only enjoy bonus benefits but also capitalize on your knowledge and passion for a particular sport. Similarly, NHL betting sites may offer prop bet bonuses for achievements like hat tricks or if a player scores more than 4 points in a game.

Legal sports betting is still pretty new in the US. Sportsbooks are figuring out how to appeal to bettors in different states. The bonus offers and terminology also vary by state due to local regulations.

We're excited to see how the sports bonuses will evolve in the coming years as more states legislate sports betting and come up with a uniform set of rules and regulations.

We've covered a lot of ground in this guide. You should understand the different types of bonuses and promotions, and what to look for before claiming and using them. Choose promotions that align with your preferences and betting style, ensuring that you fully understand the terms and conditions before diving in. Opt for quality over quantity, focusing on promotions that provide genuine value rather than being swayed solely by enticing figures.

If you want to start with a splash and make your first bet $500 or more, I recommend signing up with BetMGM. The $1,500 safety net for losing a first bet is a high-quality offer that no one else matches.

If your primary focus is daily fantasy, grabbing the FanDuel Bet $5 Get $150 is a great offer, win or lose.

If you want a bonus with a focus on parlays, get the Betway Parlay Club and make at least a $25 bet on a 3+ leg parlay and get $10 in bonus bets.

If you want to bring your friends in to join in the action with you, BetMGM has the top refer-a-friend bonus, $100 in bonus bets when your friend makes their first deposit.

Shauli Zacks is a big sports fan from Detroit, MI. He grew up playing hockey, basketball, football, and baseball with dreams of being a sports radio host. While that dream didn’t work out, he has enjoyed a long career as a content writer specializing in the gambling industry. Shauli has played at and reviewed many different online casinos and sportsbooks. He used his understanding of sports and casino games to write tutorials on how to play casino games, betting tips, and strategies.