Bet For years, the online sportsbook industry has been dominated by big names like FanDuel and DraftKings. When the US Supreme Court overturned PASPA in 2018, both of these powerhouses were perfectly positioned to enter the sports betting market, and they took full advantage of that.
However, a variety of alternatives have popped up over the years as well and they all offer unique features, generous bonuses, and a wide range of bet types to enhance your betting experience.
So, if you're tired of the same ol' online sportsbooks such as FanDuel and DraftKings, you'll want to check out these excellent options.
Pros
Generous Bonuses
Massive Selection of Bet Types
Competitive Odds
Cons
Bonus Code Required
Limited to the US
BetMGM is a name that you might be familiar with. It stands out for its broad appeal to both casual sports bettors and casino game aficionados — pending you're in a state with legalized online casino games.
New users can take advantage of a generous First Bet Offer up to $1,500, using the bonus code EWBET1 across countless states, including AZ, CO, DC, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, NV, NJ, NY, OH, OR, PA, TN, VA, WV, and WY.
This offer provides a safety net for your first wager, allowing you to bet boldly.
BetMGM is known for its live betting and streaming capabilities, providing in-game player props that not all sportsbooks feature. Its mobile app is highly rated (4.2 stars on the Google Play Store and 4.8 stars on the Apple App Store), ensuring you're always just a tap away from the next big bet.
On top of that, BetMGM dives deep into the online casino and poker pool where their roots are, having been named Casino Operator of the Year consecutively in 2021 and 2022.
Pros
Best Loyalty Program in the Industry
Multiple Payment Options
Exceptional Customer Service
The Best Bonus Offers
Cons
Longer Withdrawal Processing Time
The next alternative is Caesars, which impresses with its royal treatment of loyal customers.
Their rewards program is arguably the best in the business, allowing bettors to earn points that can be redeemed for bonus bets, dining, hotel stays, and more. So, if you have the points, you can head down to Las Vegas and redeem your loyalty points at their retail locations.
This sportsbook also offers a wide variety of betting options and is known for its competitive odds. Generally, that's what you would come to expect from a powerhouse name like Caesars that's been in business for nearly 90 years.
Look out for their generous welcome bonuses and promotions tailored to both new and existing users. Caesars ensures that whether you're placing a small bet or a large one, you're getting the royal treatment.
Pros
Massive Market Selection
Excellent Customer Service
Plenty of Sports Betting Options
Cons
Buggy Mobile App
New to US Market (Limited States)
Bet365 is a titan in the global sports betting market, renowned for its comprehensive in-game betting options and live-streaming games. While they're not as prominent as some of the other sportsbooks — they're only in Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, and Virginia — they're growing and quickly becoming a household name in the sports betting business in the US.
This platform offers a massive range of bet types, including an extensive selection of live betting opportunities. There's no shortage of bets you can make.
Bet365's live streaming feature allows bettors to watch the action unfold in real time, providing a seamless betting and viewing experience.
Though their welcome bonuses vary by region, they consistently offer some of the best promotions in the industry. The current $150 in bonus bets promotion alone makes Bet365 a solid option if you're looking for something other than FanDuel and DraftKings.
Pros
Extensive Selection of Sports and Markets
Competitive Odds and Lines
Excellent Welcome Bonus and Ongoing Promotions
Cons
Delayed Odds on Live Betting
BetRivers distinguishes itself with a user-friendly interface and a focus on customer support. From player-friendly bonus terms to 24/7 live support options, BetRivers is dedicated to ensuring its customers get the best sports betting experience possible.
They offer detailed bet types across a wide range of sports alongside insightful betting guides to help both newcomers and experienced bettors make informed decisions before dropping a bet on a game.
BetRivers' bonus offers include daily and weekly promotions, but where it really shines is with its welcome offer. Right now, new sports bettors can get a $500 Second Chance Bet! All you have to do is use the promo code "SPORTS" when you sign up, and the bonus will be yours!
Pros
Excellent Bonuses
Diverse Betting Options
Efficient Customer Support
Cons
Occasional App Glitches
As the newest entry into the sportsbook arena, Fanatics Sportsbook brings a fresh perspective to sports betting. Despite being the new kid on the block, Fanatics is showing the betting industry that they mean business.
Right out of the gate, their app is nothing short of impressive. That's not what you would expect from a newcomer, but they do have experience in the sports industry and an army of experienced developers, which goes a long way.
Fanatics Sportsbook offers just about every bet type you can imagine, as well as almost all sports, including the NFL, NBA, MLB, college sports, and countless others.
What really surprises us about Fanatics Sportsbook is its bonus. They know how to play the game, so they're offering new customers $200 in bonus bets when they bet $10 over 5 days. That's a pretty lucrative bonus offer. Don't pass that up.
We'll see how Fanatics shakes out over the next year or two as they expand their offerings beyond their current KY, MA, MD, OH, TN, VA, and WV lineup.
Each of these sportsbooks brings something unique to the table, whether it's BetMGM's integrated casino and poker platforms, Caesars' unmatched loyalty program, Bet365's global reach and live betting features, BetRivers' user focus, or the promising innovations of Fanatics Sportsbook.
Depending on what you're looking for in a sports betting experience—be it bet types, bonus offers, or unique features—these alternatives offer compelling reasons to look beyond the familiar names of FanDuel and DraftKings.