With so many offers and promotions available for new players, it can be intimidating to figure out which sportsbook is best for you.
First you must understand the difference between a promotion and a bonus. Usually the sportsbooks use the term “welcome bonus” as an enticement to sign up. Then after you have made a few bets, you’ll see other bonus offers connected to different bets, like an odds boost on a game, or an offer to make a parlay bet easier.
A promotion is similar. DraftKings and FanDuel each have promotions throughout the year, sometimes linked to big events like the Super Bowl, or it could be as simple as picking five winners on an NFL Sunday, or betting on two different teams from one city playing the same day (like combining a bet on the Phialdelphia Eagles and Philadephia Flyers).
Both DraftKings and FanDuel have incentives for new users (yes, you can use more than one email address to sign up).
At DraftKings, they give new customers 20 percent of whatever their initial deposit is, up to $1,000. If you deposit $100, they give you $20, if you deposit $5,000, you get $1,000, but if you deposit $10,000, you get $1,000. $1,000 is the limit.
When you make your first bet of at least $5, you earn $200 in bonus bets as site credit. It’s not $200 bucks cash, but if you take that $200 and win bets with it, that becomes real money.
FanDuel doesn’t do as many promotions for new players, but the one it has is nice. It asks you to make your first deposit of $10 or more, bet at least $5 and they will give you $150 in free bets to use on the site.
FanDuel vs. DraftKings Winner: The clear winner is DraftKings with the 20 percent welcome bonus, but if you’re not going to be a high roller and make that big of a deposit, it may not be worth it. The free bets from FanDuel is better than it looks, because it gives you flexibility of what and how much you wager.
🏅 Winner: DraftKings