2024 Best Sportsbook Promotions - Bonuses & Promo Codes

Are you looking for a sportsbook promo? If so, we've got the perfect guide with all the best promos from the most trusted online sports betting sites in the US. With an evergrowing online betting scene, adding new states for legal sports betting, the opportunity to claim great online sportsbook bonuses has never been better.

In this article, we will guide you through all the best sportsbook promo codes - bonuses and promotions you can claim in the US. All types of bonuses are available for new and existing customers, and maybe even most importantly, we will give you tips and tricks to use when evaluating a bonus. 

But first, let's look at the best sportsbook bonuses available now.

Bet365 Sportsbook New Customer Promo

Ever since Bet365 entered the US their new customer promo offer has been extremely generous. New customers can enjoy bet-and-get bonuses or first-bet safety net bonuses. The only downside with Bet365 compared to the likes of DraftKings and Caesars etc, is the limited amount of states from where you can enjoy Bet365 sportsbook.

DraftKings Sportsbook New Customer Promo

Few sportsbooks offer as many promotions for new and existing customers as DraftKings. The well-renowned DK Bet $5 Get $200 promo is something to look out for whenever it is available, as it is occasionally replaced with a first bet paid-back promo. Whichever promo is offered, you can rest assured it is one of the best ones available as DraftKings are in our book, also known as Bonus Kings. 

BetMGM Sportsbook New Customer Promo

BetMGM has traditionally been the most generous sportsbook in terms of promo offerings. Over the last year, they have been a bit more moderate with their sportsbook bonuses but are still among the best sportsbooks in ongoing promotions. Look out for the very popular Bet $10 Get $200 promo, or the big first bet paid back promos

You might ask how these bonuses are selected, and a range of factors come into play when choosing a sportsbook bonus. The questions below are all reasonable, and ask these yourself before choosing your sportsbook bonus. At Sqore, we put two things first regarding bonus evaluation. How easy is the bonus to clear, and how much money do you need to risk to get the bonus?

How big is the bonus amount?

A big bonus amount is very appealing; the higher the bonus, the better. But it would be best to consider how hard the bonus is to clear and how much money you must put on the table to get it. A big bonus usually comes with tougher wagering requirements and a bigger deposit. 

How easy is it to claim?

Some bonuses require you to sign up. These bonuses are usually called no-deposit bonuses as they do not require depositing before you get your reward. The easier a bonus is to claim, the lower the bonus amount; that correlation rarely goes wrong.  

How easy is it to clear?

The fewer restrictions, such as minimum odds and playthrough of the bonus before you can cash out, the better. The correlation between ease of clearance and lower bonus amount tends to be as precise as for the ease of claim. 

How much to risk?

Two bonus types are perfect for you if you want to put as little money at risk as possible. A signup bonus or an odds boost bonus. Both these bonus types come with a low or no money input and a decent bonus payout. 

The Bet and Get bonuses (aka Enhanced Odds, Odds Boosts, or Bet and Win) are by far the most popular sportsbook bonus among US sports bettors, and for a good reason—little input with big output. These bonuses come and go, so it's wise to keep an eye out for them at significant sports events like the Super Bowl, March Madness, NBA finals, and so on. 

The basic idea of a bet-and-get bonus is that the customer must first place a qualifying bet to receive a free bet or bonus funds. The qualifying bet usually has to meet certain conditions, such as being placed on a specific sport or event or at minimum odds. Once the qualifying bet is settled, the customer will receive the free bet or bonus funds, which they can then use to place additional bets.

Best Current & Former Bet and Get Offers

Some of the most popular Bet and Get offers are:

• Bet365 - Bet $5 Get $150
• BetMGM Bet $10 Get $200
• DraftKings - Bet $5 Get $200.

Bonus bets, first-bet paid-back bonuses, or Cashback bonuses, formerly referred to as risk-free bets and free bets, are the most common bonuses US sportsbooks offer. Bonus Bets are an adequate way to refer to these bonuses as they are not risk-free, and the bets are not free since you need to put money at risk before claiming a bonus bet. 

Bonus bets are pretty straightforward. You register and make a deposit, and the bonus amount you can potentially claim is based on your first bet amount. The sportsbook will refund the customer's stake if the bet is lost.

These bonuses are ideal for anyone who wants to place a big first bet and is generally keen on betting big. Things you need to look out for before claiming this type of bonus are the minimum odds on your first bet to trigger the premium and the potential wagering requirements for the bonus bets. 

A deposit bonus or a deposit match bonus is a form of promo that triggers directly on your first deposit i.e.; you get a bonus based on the amount of your first deposit. These bonuses are not very popular for sports betting in the US, but it is the most common type of bonus offer for online casinos. 

Typically, a deposit bonus is expressed as a percentage of the deposit amount. 

The two things you need to consider with these bonuses are the % match of your deposit and the hard playthrough requirements, which dictate how many times the bonus funds must be played before they can be withdrawn. A high percentage match combined with low wagering of the bonus amount is positive, while a low percentage match with strict wagering requirements is negative. 

Currently, there aren't any interesting deposit match bonuses for sports betting. If you are looking for a first deposit bonus offer, we recommend you register with any of the following online casinos. 

Everybody loves free money, but unfortunately, this bonus offer is scarce for sports bettors. Currently, there are no sportsbook sign-up bonuses available. This bonus type is like the deposit bonus, much more frequent at online casinos. Keep reading for casino bonuses, which you can find at the end of the article. 

A no-deposit bonus is given to players when they sign up for an account on the site. The bonus may be free spins on a slot machine, free bets on a sports event, or bonus funds.

A no-deposit bonus could be structured as follows: Sign up and receive a $10 free bet with no strings attached. 

The no-deposit bonus is an excellent way of creating attraction around a specific event that the sportsbook wants to increase betting on. The no-deposit bonus usually comes with few terms and conditions and is often easy to clear; thus, the bonus amount is often low. 

Here are some of the best No-Deposit Casino Bonuses available at legal US online casinos:

Loyalty or retention bonuses are paid to existing customers; the more you usually bet, the more bonuses you get. Loyalty bonuses are tied into the sportsbook VIP reward programs. Loyalty bonuses are never as generous as first-time welcome bonuses, but they are great for anyone who wants to stick to one of a few sportsbooks. 

Loyalty bonuses are usually paid out as reload bonuses (which work like a first deposit bonus), free bets; odds boosts on selected events, and other rewards such as free nights at hotels or show tickets.

Retention bonuses can be an excellent way for players to get extra value from gambling. They can also help foster a sense of loyalty and engagement with the gambling site.

Examples of great existing customer retention bonuses:

Which is the best VIP sportsbook program?

Loyalty should be rewarded, and some sportsbooks do it more than others. Some reward programs that stand out are BetMGM rewards, DraftKings Dynasty Rewards, and PointsBet Rewards, but the king of the loyalty programs is the Caesars Rewards program. 

What makes it better? Caesars Rewards is a complete VIP program combining online and land-based casino entertainment. Gamble online and get free nights at a Caesars resort or tickets to shows. Gamble at a Caesars brick-and-mortar casino and get online bonuses. Try it yourself, and you will get a first bet on the house bonus while registering for Caesars.

If you have a lot of friends who like betting, you might want to consider inviting them to your favorite sportsbook. This is an easy way of getting yourself a nice bonus check. Most US sportsbooks offer refer-a-friend programs, and getting buddies signed up is simple. 

First, you need to be registered with the sportsbook. Then you send a unique referral code to your friend through email or SMS. Whenever your friends register with the sportsbook, it will trigger a bonus amount to your account.

Casino bonuses are more generous than sportsbook promos. While sportsbook bonuses are often capped at around $1000, casino bonuses can go up to $5000 or even higher. The frequency of free money at sign-up is much higher, and the deposit percentage match should never be under 100% for a casino bonus. 

If you want to claim a big bonus, then casino bonuses are the way to do it. Below are the best casino bonuses you can claim right now. 

Several states are open for online sports betting in the US, and each state hosts a set of sportsbooks. Some of these are only available in one or a few states, while other, more prominent sportsbooks are available in all states where sports betting is legal. 

To get the best sportsbook bonuses available in your home state, we recommend you select your state promo guide below:

Most sports bets are on football, basketball, baseball, and hockey. But there are plenty of other sports to bet on, such as UFC, tennis, golf, motorsports, and more. To ensure you always bet with the best possible bonus offer when betting on your favorite sport, we have compiled a list of online sportsbook bonus offer guides for various sports.