Power Ranking the 5 Best Sportsbook Bonuses for December

At the top of my power rankings is the latest bet365 Sportsbook promotion, and for good reason—they’re giving new players the choice between two incredible promos.

You can either bet $5 and get $150 in bonus bets instantly, no matter the outcome, or go for a bigger play with their $1,000 safety net offer. With the safety net, your first wager is 100% insured, meaning if it doesn’t win, you’ll get the full amount back in bonus bets (up to $1,000).

It’s really up to you which deal works best—whether you want to start small and claim a guaranteed bonus or take a bigger swing with some added peace of mind. Both options are easy to claim and packed with value, which is why bet365 earns the No. 1 spot on this list!

3 Biggest Advantages of bet365's December Bonus

• Low Minimum Deposit: For starters, you only need to deposit $10 to take advantage of either offer, making it accessible for all types of players. Whether you’re betting big or just testing the waters, the low entry point is a huge plus.
• Early Payout Promo: bet365 Sportsbook also takes the stress out of pregame moneyline wagers with their early payout promotion for everyday bettors. If your team takes a big enough lead during the game, they’ll settle your bet as a win, even if the final result doesn’t go your way.
• Top-Tier Live Betting: Lastly, bet365 is one of the best sportsbooks for live betting, offering a wide range of markets and competitive odds. Combine that with their seamless interface, and you’ve got a platform perfect for in-the-moment action.

Coming in at number two on my power rankings is FanDuel Sportsbook with their Bet $5 Get $150 promo, plus a bonus that basketball fans will love. Here’s how it works: 

Place your first $5+ bet, and if it wins, you’ll unlock $150 in bonus bets. Unlike bet365’s offer, you’ll need to hit a win with that first wager to claim the bonus, but the potential payout makes it well worth the effort.

On top of that, FanDuel sweetens the deal by giving you 3 months of NBA League Pass just for placing your first $5+ bet. You don’t have to win to get the League Pass—it’s yours automatically, letting you catch all the action from your favorite teams.

3 Biggest Advantages of FanDuel's December Bonus

• Widely Available Across the USA: FanDuel’s promotion is accessible in nearly half of all states, making it one of the most widely available sportsbook bonuses in the country. If sports betting is legal where you live, there’s a good chance you can take advantage of this offer.
• No Minimum Odds Requirement: Unlike some promos, there’s no minimum odds restriction for this one. That means you can place your first $5 bet on a heavy favorite, giving you a great chance to win and unlock the $150 in bonus bets.
• Lightning-Fast Payouts: FanDuel is known for its quick and reliable payouts, so you won’t be waiting long to access your winnings after a successful bet. Combine that with a user-friendly app, and it’s one of the best all-around platforms for sports bettors.

Earning the No. 3 spot in my December power rankings is the DraftKings Bet $5 Get $150 promo! This offer works just like FanDuel’s, but without the NBA League Pass included. To claim the bonus, you simply place any $5+ bet, and if it wins, you’ll unlock $150 in bonus bets.

What sets DraftKings apart is how they pay out the bonus—it’s split into six separate $25 bonus bets. This gives you more flexibility to spread your wagers across different games or markets. If you’re looking for a straightforward way to boost your bankroll, DraftKings’ offer is a solid pick for December.

3 Biggest Advantages of DraftKings' December Bonus

• Only a $5 Minimum Deposit Required: You can get in on the action with just a $5 deposit, making it an easy and low-risk way to claim the bonus. It’s perfect if you want to start small and still get a solid reward.
• Tons of Parlay Boosts: DraftKings offers a great variety of parlay boosts, giving everyday bettors like me a chance to maximize winnings. Whether you’re into small parlays or big ones, they’ve got options to boost your payouts.
• Great for Same-Game Parlays: If you enjoy same-game parlays, DraftKings is one of the best places to place them. They have a huge selection of markets and great odds, so you can get creative with your bets.

Coming in at No. 4 in my power rankings is the Caesars Double Your Winnings promotion, and it’s definitely one of the more unique offers out there. 

All you need to do is place a $1+ bet, and you’ll unlock 10 100% profit boosts for your next 10 wagers. This means that for each of those 10 bets, if you win, you’ll double your winnings, with a maximum of $2,500 extra per boost.

What I like about this promo is that it gives you 10 chances to boost your winnings, not just one. The $25 maximum wager per boost is reasonable—it ensures there’s room for extra profits without going overboard.

3 Biggest Advantages of Caesars' December Bonus

• $1,000 First Bet Insurance: If you prefer a little extra security, you can opt for Caesars' $1,000 First Bet Offer instead of the profit boosts. This extra welcome offer gives you up to $1,000 in insurance on your first bet, so if it doesn’t hit, you’ll get the amount back in bonus bets.
• Tons of Betting Options: Caesars offers a wide range of betting markets across all kinds of sports and leagues. Whether you’re a fan of the big games or enjoy betting on niche sports, there’s something for everyone.
• Great Loyalty Rewards: Caesars Sportsbook has one of the best loyalty rewards programs around, so you’re always earning something back. From free bets to exclusive promos, their program makes sure you’re rewarded for sticking with them.

Finally, coming in at No. 5 in my power rankings is the BetMGM Sportsbook $1,500 First Bet Offer, which is one of the biggest sportsbook bonuses available in the U.S. right now. 

With this deal, you get a 100% refund up to $1,500 on your first bet. So, if your initial wager doesn’t win, you’ll get that amount back in bonus bets.

For example, if you place a $500 bet and it doesn’t hit, BetMGM will refund the full $500 in bonus bets, giving you a second chance to win. It’s a great way to take a bigger risk without the worry of losing your initial bet right off the bat.

3 Biggest Advantages of BetMGM's December Bonus

• Huge Safety Net: The obvious advantage here is the huge safety net BetMGM Sportsbook offers. If your first bet doesn’t win, you’ll get the full amount back in bonus bets, giving you less risk when placing your first wager.
• Low Minimum Odds Requirement: The minimum odds requirement is just -10,000, which makes it really easy to find a bet that fits. You don’t have to worry about jumping through hoops to qualify for the refund, which is a nice touch.
• Quick and Easy Registration: BetMGM’s sign-up process is fast and simple, so you can start betting right away. No complicated steps—just a smooth registration, and you're ready to claim the bonus!