![Comparing the Top 5 Sportsbook Bonus Offers](http://media.assettype.com/bettorsinsider%2F2024-07%2F5831ed87-6381-4bbb-9084-f67b9cf9d82e%2FComparing%20the%20Top%205%20Sportsbook%20Bonus%20Offers.png?w=480&auto=format%2Ccompress&fit=max)
When it comes to choosing a sportsbook, bonus offers are one of the biggest factors sports bettors consider.
After all, who doesn’t want a kickback just for signing up or placing a bet? They’re all fighting for your attention and your business, so make them fight for it with their bonuses.
The best thing about these bonus offers is that they provide a great way to boost your bankroll and take your betting experience to the next level.
So, what sportsbooks have the best offers? We break down the best of the best bonuses so you can get started betting the right way.
Must be 21+. Please Gamble Responsibly. Gambling problem? Call or Text 1-800-GAMBLER.
BetMGM has carved a niche for itself with its generous “First Bet Offer” of up to $1500 when you use promo code INSIDER.
This bonus is great for high rollers looking to maximize their initial bet. That’s because this bonus provides more to you, the bettor, the more your initial bet is.
Here's how it works. You make a deposit of at least $10 and place a bet on any game up to $1,500. If your bet wins, well, you get to keep the winnings. However, if your bet loses, BetMGM will give you the amount you bet (up to $1,500) in bonus bets. That’s a big boost right out of the gate.
This offer is perfect for those who are confident in their betting strategy and are willing to place a larger initial bet. The higher the stake, the bigger the potential return, making it a top choice for experienced bettors who aren't afraid to take a risk. Remember, you can still lose your cash if you lose the first bet and the subsequent bets from the bonus. So, be careful!
Generous match up to $1500.
Ideal for high rollers.
Great for those confident in their betting strategy.
Must be 21+. Please Gamble Responsibly. Gambling problem? Call or Text 1-800-GAMBLER.
Bet365 offers a unique bonus option that gives bettors the flexibility to choose between two excellent offers — Bet $5 and Get $150 or a First Bet Safety Net up to $1,000. However, be sure to use bonus code 365BV4 to take full advantage of this offer.
This dual-option approach caters to different types of bettors, making it one of the most versatile bonus offers available. We have never seen anything quite like it. The only thing we wish was that Bet365 was operational in more states.
The first option, Bet $5 Get $150, is perfect for newcomers or those who prefer lower stakes and just want to try it out. It's a low-risk way to get a potentially big return on a minimal investment. All you need to do is bet $5, and once your bet is settled (win or lose), they’ll give you $150 in bonus bets.
The second option, the “First Bet Safety Net,” provides more security for those placing larger bets, as it covers losses up to $1,000. It’s a lot like the BetMGM bonus we mentioned earlier. You place a bet, and then Bet365 will refund you up to that amount in bonus bets if your bet loses.
Two options to choose from.
Suits both low and high-stake bettors.
Offers flexibility and security.
Must be 21+. Please Gamble Responsibly. Gambling problem? Call or Text 1-800-GAMBLER.
DraftKings stands out from the rest of the crowd with its Bet $5 and Get $150 in Bonus Bets Instantly offer. This promotion is designed for bettors who want quick access to bonus funds without waiting for their bets to settle.
Simply place a $5 bet, and regardless of the outcome, you receive $150 in bonus bets instantly. After that, you’re free to use these bonus funds however you want.
This offer is perfect for those who want to start betting with a sizable bonus right away. Maybe you have a few games you want to bet on or even a few prop bets that you can’t wait around for the funds.
It's a low-risk, high-reward deal that can significantly add some pop to your betting experience from the get-go.
Instant bonus of $150.
Low initial bet of $5.
Ideal for bettors seeking immediate rewards.
Must be 21+. Please Gamble Responsibly. Gambling problem? Call or Text 1-800-GAMBLER.
FanDuel offers a nice bonus with its Bet $5, Get $150 If Your Team Wins promotion. This offer is perfect for fans who love betting on their favorite teams. Place a $5 bet on your chosen team, and if they win, you get $150 in bonus bets.
Think of it like an odds boost but with a much larger payout. You still have to bet and win, but when your team does win, it’s a big payday.
This deal is great for those who follow sports closely and feel confident about their team's chances. Whether you’re a die-hard Packers fan or the Yankees are your team, now’s the chance for you to get paid for your fanship. It's a fun and engaging way to get involved in sports betting, especially if you have a strong allegiance to a particular team. While it’s fun to bet on your team, remember you’re not required to bet on your team.
Bet on your favorite team.
Win $150 in bonus bets if your team wins.
Ideal for passionate sports fans.
Must be 21+. Please Gamble Responsibly. Gambling problem? Call or Text 1-800-GAMBLER.
Caesars offers a massive bonus with the chance to bet up to $1,000 on Caesars when you use bonus code BV1000. This bonus is as straightforward as it is generous. It provides bettors with a safety net for their initial bets. If your first bet loses, Caesars will refund the amount of up to $1,000 in bonus bets, giving you a second chance to win. It’s a lot like a safety net.
This offer is excellent for both new and seasoned bettors who want to mitigate their risk while enjoying the thrill of betting. It combines high value with ease of use, making it a top pick for overall value. Of course, the more you bet, the more you can get back. So, we recommend maxing out your initial bet to get the most from this offer.
Refund up to $1,000 if your first bet loses.
Great for minimizing risk on the initial bet.
Suitable for all levels of bettors — novice or seasoned.
Choosing the right sportsbook bonus offer depends on your betting style and preferences. While we always recommend taking advantage of all of them since you’re not limited to just one, your bankroll might not allow for that. We get it.
Despite this, these are some of the best bonus offers in the industry. BetMGM's offer is best for high-stakes bettors, while Bet365 provides flexibility with its dual options. DraftKings takes the crown with instant rewards, FanDuel caters to team bettors, and Caesars offers great overall value.
Consider what you value most in a betting experience, and choose the offer that aligns with your style.
21+ to wager. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER. Call 1-800-NEXT-STEP (AZ), 1-877-770-7867(CO), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-9-WITH-IT (IN), 1-877-770-STOP (7867) (LA), Call 1-800-327-5050 (MA), Call 1-800-GAMBLER or visit mdgamblinghelp.org (MD), 1-800-270-7117 for confidential help (MI). Call 877-8-HOPENY or text HOPENY (467369) (NY), 1-888-532-3500 (VA).