Best Massachusetts Sportsbook Promo Codes and Bonuses for February 2023

Expected Massachusetts sportsbook promo codes

When Massachusetts sportsbook promo codes and bonuses become obtainable in 2023, they will be doled out by operators who snagged one of the state's 15 available licenses, which includes seven standalone mobile licenses.

A handful of the following operators are expected to be among the first to launch in MA. Bookmark this page to remind yourself what sign-up bonuses and promo codes they're projected to offer.

Quick facts: Massachusetts promo codes

1. Caesars MA welcome offer

Up to $1,250 on Caesars

Code: COVERSBONUSFULL

Coming soon

Caesars Entertainment is a brand synonymous with gambling, so it makes sense that its sportsbook's welcome bonus will lead the rest when the operator forays into Massachusetts for the first time. New users in MA will be in line for a bet credit of up to $1,250, as well as 1,000 Caesars Rewards® Tier Credits and 1,000 Caesars Rewards Reward Credits. The active Caesars Sportsbook promo code — COVERSBONUSFULL — is necessary to claim the offer.

Here's what else you need to know before Caesars Massachusetts arrives:

• After creating your account, you must make a first-time deposit of at least $10.
  
  
• With funds in your account, put down your first real money wager. If it fails, you will get a single bet credit equal to the amount of the wager you just placed.
  
  
• The bet credit will be credited to your account within 48 hours of your first bet settling.
  
  
• The lone bet credit cannot be broken down into smaller bets and can only be used once.
  
  
• You'll have 30 days to place your initial wager after sign-up, and the bet credit must be used within 14 days of receipt.
  
  
• Bet credit cannot be withdrawn as real cash. Instead, it must be used to wager again with the sportsbook. 
  
  

Check out our comprehensive Caesars Sportsbook review to learn all you need to know with the operator MA-bound.

Caesars Sportsbook promo pros and cons:

Up to $1,250 on Caesars if first real money wager fails

Additional Caesars Rewards®

Standard $10 initial minimum deposit amount

Bet credit comes as one bet

Should your first bet win, bonus does not activate

Bet credit cannot be withdrawn as cash

What does 'Up to $1,250 on Caesars' mean for you? 

Leading the list of upcoming Massachusetts sportsbook bonuses, Caesars' offer is more lucrative than any other coming to the Bay State. The maximum $1,250 value means a massive payday should either your first or second-chance wager prove successful. Plus, the 1,000 Caesars Rewards® Tier Credits and 1,000 Caesars Rewards Reward Credits can be used to go shopping, book hotel stays, pay for dining, and more.

How much money can you earn with up to $1,250 on Caesars?

To maximize the offer, you'll want to locate a preferred underdog and wager the full $1,250. For example, a bet of $1,250 on the Boston Red Sox to defeat the Toronto Blue Jays at +300 odds would see you earn $3,750 in winnings if the Red Sox came out victorious.

Why is this bonus better than the others?

Simply put: No Massachusetts sports betting promo code will garner you as much value as Caesars'. If you're looking to spend big to possibly win big, then this offer is for you.

2. FanDuel MA welcome offer

$1,000 no sweat first bet

No code required

Coming soon

Formerly known as just a DFS giant, FanDuel has swiftly risen the ranks of the sports betting hierarchy due in part to owning one of the best sports betting apps in the country. Soon, it will also deliver one of the top Massachusetts sportsbook bonuses once it's free to legally enter the state. First-time users will be able to claim a $1,000 no sweat first bet sans a FanDuel Massachusetts promo code.

Here are a few other considerations while anticipating FanDuel Massachusetts' coming:

• Users new to FanDuel MA will need to confirm their location and identity during registration.
  
  
• Once your account is active, you must make an initial deposit of at least $10.
  
  
• Next, you must put down your first real money wager on any available sports market. Should that wager flop, you'll receive up to $1,000 in free bets to your account.
  
  
• You will have the option to chop up any free bets you're awarded — they do not need to be used on a single follow-up wager.
  
  
• Any free bets you receive from FanDuel are not withdrawable or transferable.

For further expert analysis, read our FanDuel Sportsbook review.

FanDuel promo pros and cons:

Free bets can be split up

Maximum risk-free amount is substantial

First bet must lose for bonus to activate

May take up to 72 hours to receive free bets

What does FanDuel's '$1,000 no sweat first bet' mean for you?

When considering forthcoming Massachusetts sportsbook promo codes and bonuses, few can match FanDuel's offer. First-time bettors can relax to some degree if nervous since FanDuel guarantees to refund them up to $1,000 in free bets should their initial attempt fail. The fact that no wagering requirements are attached to the bonus is a nice positive, too. 

How much money can you earn with up to $1,000 in free bets?

Betting the whole $1,000 on a FanDuel MA market with +400 odds would result in $4,000 in winnings. You'll need to decide for yourself whether you're comfortable with a high-risk, high-reward wager on an underdog or if you'd rather stay safe and select a favorite.

Why is this bonus better than the others?

FanDuel's $1,000 maximum bonus amount will be one of the highest in the land once Massachusetts opens its sports betting doors. Having the ability to split up the bonus is a worthy sweetener.

3. BetMGM MA welcome offer

$1,000 back in bonus bets

No code required

Coming soon

With brand recognition comparable to Caesars', BetMGM has long been a staple of the sports betting industry. When the operator touches down in Massachusetts, new users will be able to redeem up to $1,000 back in bonus bets. 

In the meantime, here are some key details to keep in mind:

• You do not need a BetMGM promo code to claim the bonus. 
  
  
• You must deposit $10 or more following sign-up. 
  
  
• Place your initial real money wager. If that bet loses, you will be credited an amount equal to the real money wager, up to $1,000, you just placed.
  
  
• BetMGM will split up your bonus bets into 20% denominations should you wager over $50. For example, if a $1,000 bet loses, BetMGM will issue you five $200 bonus bets. You will get a single bet if you wager less than $49 and lose.
  
  
• All bonus bets will arrive in your account within 24 hours of your initial losing wager settling. If you do not use the entire bonus amount within seven days, it will expire.

Looking to learn more about BetMGM Massachusetts? Check out our in-depth BetMGM review.

BetMGM promo pros and cons:

Straightforward to redeem

Up to $1,000 reimbursed if first wager loses

Multiple bonus bets provides flexibility

Bonus bets cannot be withdrawn or transferred

Bonus bets expire if not used in seven days

No bonus if you your initial wager wins

What does '$1,000 back in bonus bets' mean for you? 

BetMGM's $1,000 bonus allows first-time bettors the opportunity to step outside their comfort zone and make a riskier-than-usual play. If that wager loses? Not a problem — the safety-net bonus activates, and the amount wagered is returned, up to $1,000, to provide a second crack at success.

How much money can you earn with $1,000 in bonus bets?

Should you lock in the full $1,000 as a real money bet on a +200 odds market, you would receive $2,000 in winnings. Utilize our odds calculator to insert a possible wager and switch between American, decimal, and fractional odds.

Why is this bonus better than the others?

Unlike many other potential Massachusetts sports betting promo codes, BetMGM's $1,000 offer provides legitimate flexibility since it can be broken up into five separate wagers.

4. PointsBet MA welcome offer

Up to $500 in free bets

Code: 5X100RC

Coming soon

From the other side of the world comes PointsBet, an Australian-based operator with a penchant for unique bet types and innumerable betting markets. Bay Staters will find themselves offered up to $500 in free bets once the sportsbook goes live in MA.

Keep the following stipulations in mind as you await PointsBet Massachusetts' availability:

• The active PointsBet promo code — 5X100RC — must be inputted during registration to redeem the offer.
  
  
• Following the deposit of initial funds, you'll need to make your first five real money wagers — one for each of your first five days of wagering with PointsBet. If the bets lose, the sportsbook will refund each wager up to $100.
  
  
• Each free bet amount will always match the amount of each real money wager, up to $100, meaning the maximum bonus you can garner is $500.
  
  
• Your rewards will arrive in your account within 24 hours of your first losing bet settling.
  
  
• Remember: Free bets cannot be withdrawn as real cash.

Dive into our comprehensive and unbiased PointsBet Sportsbook review for more actionable intel. 

PointsBet promo pros and cons:

Maximum bonus of up to $500

All betting markets are bonus-eligible

Increased flexibility with four risk-free bets

Must lose bets to trigger promo

Winnings only paid out on subsequent wager

Free bets non-withdrawable

What does 'Up to $500 in PointsBet free bets' mean for you? 

Stability is the name of the game with PointsBet MA's sign-up offer. With your first five wagers over the promo period guaranteed to be reimbursed as free bets, you can afford to act a bit riskier than you might have otherwise. Of course, whether or not you feel comfortable backing underdogs for larger payouts is up to you.

How much money can you earn with up to $500 in free bets?

Should you wager the maximum total amount of $500 — $100 five times — but lose all of your bets, you'll still get $500 in free bets once the wagers have settled. If one $100 bet is placed at long odds, such as +500, the bettor would collect a $500 payout. Of course, more money could be accumulated if numerous bets are won in succession. 

Why is this bonus better than the others?

Some operators offer flexibility in their sign-up promos, but it's difficult to touch PointsBet in this facet, making it one of the best upcoming Massachusetts sportsbook bonuses. A 24-hour wait time following the settlement of initial losing wagers is very reasonable, too.

5. DraftKings MA welcome offer

Bet $5, get $200 in bonus bets

No code required

Coming soon

New Massachusetts customers can capitalize on a beginner-friendly sign-up bonus from DraftKings Sportsbook. Along with it leading our list of the best Massachusetts sports betting apps coming this March, we expect new users to qualify for DraftKings' 'bet $5, get $200 in bonus bets' offer.

Here are some key bits of information to keep in mind if you're considering DraftKings Massachusetts:

• No DraftKings Massachusetts promo code will be necessary to claim the bonus.
  
  
• A minimum $5 deposit and wager are required to qualify for this sportsbook promo.
  
  
• You may place your $5 wager on any available market.
  
  
• Regardless of the outcome of your bet, DraftKings will award you $200 in bonus bets.
  
  
• Your bonus bets will be given as eight $25 bonus bets. You'll have seven days to use them before they expire.

To gain perspective on the sportsbook beyond its welcome bonus, read our DraftKings Sportsbook review.

DraftKings promo pros and cons:

$200 bonus guaranteed

Can apply bonus to any betting markets

Just seven days to use $200 in bonus bets

What does 'bet $5, get $200 in bonus bets' mean for you? 

It's always reassuring to know that you're getting something extra when signing up with a sportsbook for the first time. DraftKings Massachusetts should get new users started with $200 in bonus bets in exchange for just a $5 deposit and wager. 

How much money can you earn with $200 in bonus bets?

If you want to lock in some withdrawable winnings, bet on a favorite. If you'd rather aim higher, bet the entire $200 on an underdog. For example, a $200 bet with +300 odds would net you $600 in winnings.

Why is this bonus better than the others?

DraftKings has mastered the "low risk, high reward" sportsbook welcome bonus. While other Massachusetts offers may include over $1,000 in potential free bets, DK's promo guarantees $200 in site credit once you made a $5 wager.

Latest MA betting news

Most common Massachusetts sign-up bonuses

The three most common sportsbook sign-up bonuses include second-chance bets, initial deposit matches, and no deposit bonuses. Massachusettsans are guaranteed to come across these offer types once legal sports betting arrives in the state, so we've broken down each one below:

Second-chance bet

Second-chance bets dominate the sportsbook welcome bonus market, though they sometimes go by different names — a good reminder to always read the terms and conditions associated with any bonus. If you sign-up with a sportsbook offering a second-chance bet, you will have your initial wager refunded, up to a certain amount, should it lose. For example, if you were to make a $500 second-chance bet with a $1,000 limit on the Boston Celtics and fail, you would get $500 back as site credit. Should your bet happen to win, you would instead collect your winnings, and the bonus would not activate.

Deposit match

Another one of the best sportsbook promotions and bonuses out there, a deposit match is precisely what it sounds like: After making your initial deposit following registration, the sportsbook will match that amount via site credit. For example, if you put down a first deposit of $500 with a sportsbook offering this promotion, you would then receive $500 in site credit for wagering. If you so choose, you could combine your real cash and the site credit to make a bulkier wager.

No deposit bonus

No deposit bonuses are becoming rarer and rarer since they entail a sportsbook providing a first-time user with site credit — or, occasionally, real cash — without requiring them to make a real money deposit. Users will find this bonus type most often materializes when a sportsbook is launching in a new state or when significant sporting events, such as March Madness or the Super Bowl, are taking place.

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