October is an exciting month for sports fans. There’s simply too much going on that you won’t want to miss your chance to win big. With the MLB postseason heating up, the NFL approaching midseason, and the NHL kicking off, it's a busy time for all types of bettors.
To make the most of these high-stakes games, sportsbooks are rolling out some really nice offers that are great for both newcomers and seasoned pros.
For this month’s edition of our sportsbook bonus power rankings, we’ve made a few changes to the list, removing a few sportsbooks and updating the rankings based on recent bonus adjustments.
With a couple of key offers getting even better, we’ll take a look at how the latest promotions stack up and what makes each one stand out.
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BetMGM remains at the top of our rankings. This is in big part thanks to its generous First Bet Offer and an exciting new twist for users in certain states.
The core offer stays the same — place your first bet risk-free up to $1,500. If your first bet doesn’t win, you’ll get your money back in bonus bets. What keeps this promotion on top is the value and flexibility it offers, particularly for bettors looking to make a fairly big initial bet. That’s a lot of money on the table the house is offering, but their offer gets even better.
But what makes BetMGM even more appealing this month is their exclusive offer for players in New Jersey, Pennsylvania, West Virginia, and Michigan.
If you're in one of these states, you only need to bet $10 to receive $250 in bonuses. This includes $100 in bonus bets and $150 in casino bonus cash. That’s a huge bonus with minimal risk. It’s perfect for those who want to try their hand at both sports betting and casino games. The biggest downside is it’s only in those four states. That’s because online casino games are legal there.
The special $250 bonus for select states gives this offer a bit of a boost for October, especially if you’re in one of the eligible areas.
It's a unique deal that blends both sportsbook and casino games, making it the most versatile offer on the list. It’s almost like a buffet of betting options.
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FanDuel jumps up the list this month, thanks to a pretty sizable boost in their bonus offer.
Now, when you place a $5 bet and your team wins, you’ll receive a whopping $300 in bonus bets, up from the previous $150. This simple yet powerful promo gives new users a chance to turn a small bet into a huge payout with little out of your own pocket. While it’s not guaranteed cash like some others, it’s a lot like an amazing odds boost you won’t find anywhere else.
This offer is perfect for those who like to bet on sure favorites in the NFL or MLB playoffs. You won’t want to add risky games to your bet slip for this one — you’ll want the ones you know will win the game.
October is all about high-stakes matchups, and if you feel confident in your team’s ability to deliver, this promo is a no-brainer. Whether it's riding a World Series favorite or backing an NFL juggernaut like the Lions, FanDuel’s boosted offer lets you maximize your returns with a small bet.
The jump from $150 to $300 makes this one of the most lucrative low-risk offers available right now.
It’s perfect for bettors who want a simple, straightforward deal with the chance to earn big on a single win. There’s really nothing to it.
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Bet365 has also upped the ante this month, increasing their Bet $5, Get $200 offer from $150.
Similar to FanDuel, this deal lets you turn a minimal investment into a hefty bonus. The big difference is it doesn’t matter the outcome of your initial wager.
To take it a step further, Bet365 offers a First Bet Safety Net up to $1,000, giving you the flexibility to choose the deal that best fits your betting style.
For baseball fans, this promo is perfect for betting on MLB playoff games where every game can swing the momentum of a series. And for football, the low buy-in makes it easy to get started, even if you're still getting into the NFL season.
The flexibility of choosing between the bonus bets or the safety net is a great feature for those who want more control over how they use their bonus. After all, not all bettors have the same style.
The increase to $200 adds a little more value. This is especially true for bettors who like to spread their bets across multiple games or sports.
Whether you’re riding a hot team in the NFL or taking a chance on a playoff underdog in MLB, Bet365’s options make it one of the most user-friendly sportsbooks.
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DraftKings takes the fourth spot, maintaining its "Bet $5, Get $200 Instantly" offer, which was recently increased from $150 to $200.
The fact that you get the bonus bets instantly, regardless of your bet’s outcome, makes this deal one of the safest options for new users. You can place your initial bet without worrying about the result, knowing that you’ve locked in $200 in bonus bets right away. The best part is that the bonus bets are credited to your account instantly so you don’t have to wait around for it. Some sportsbooks may take up to 72 hours to deposit your bonus, but not DraftKings.
This offer is ideal for those looking to place multiple bets across the NFL, NHL, and MLB. The instant bonus allows you to spread your betting capital around and experiment with different strategies without needing to wait for your first wager to settle.
While DraftKings doesn’t offer the same single-win payoff as FanDuel, the instant nature of the bonus is what makes this offer beautiful.
It’s perfect for those sports bettors who want immediate access to bonus funds to bet across a variety of sports during this busy October calendar.
Must be 21+. Please Gamble Responsibly. Gambling problem? Call or Text 1-800-GAMBLER.
Caesars remains a solid mid-tier option with their Bet Up to $1,000 on Caesars promo.
This offer provides a safety net for new bettors, with a refund in bonus bets if your first bet loses. There haven't been any changes to this offer since last month, but it continues to stand strong due to its reliability and the added benefit of Caesars’ rewards program.
This promotion works best for sports bettors who prefer more traditional betting strategies, especially with the intensity of MLB playoffs and NFL divisional matchups in full swing.
The safety net gives you peace of mind to go after higher-risk bets without worrying about losing your own money right off the bat.
The lack of changes keeps Caesars in the middle of the pack. We like to see offers get better as the sports calendar heats up, however, it’s still a solid offer, especially for bettors looking to get more out of a trusted sportsbook with excellent long-term value through their rewards program.
Notably missing from our October rankings are the promotions from Betfred and Underdog Sportsbook.
While those offers were appealing to niche audiences, they couldn’t quite compete with the upgrades from the major sportsbooks this month. On top of that, both are limited to only a few states, unlike the powerhouses we listed above.
With more competitive offers from FanDuel, DraftKings, and Bet365, we decided to tighten our focus on sportsbooks providing the best value across multiple sports.
October is prime time for sports betting. There’s no denying that.
The MLB postseason is in full swing, with both the ALCS and NLCS bringing drama as teams compete for a spot in the World Series. The NFL season is heating up, with teams now settling into their groove, making this a perfect time to cash in on matchups that could have major playoff implications down the line. Plus, the NHL is back, with early-season hockey providing plenty of betting opportunities. By this time next month, we’ll even have the NBA in the mix.
Whether you're looking to place small, safe bets or take advantage of the big offers to go after a higher payout, this month's bonuses provide flexibility for every kind of bettor.
With some exciting upgrades to offers and plenty of high-stakes action to bet on, October is shaping up to be a great month for sports bettors.