Best Sportsbook Promos, Bonus Bets, and Sign-up Bonuses in August 2025

Sportsbook promotions reviewed and bonuses ranked

Here at Covers, we have more than 100 combined years of betting expertise, making us a trusted source to evaluate licensed and legal online U.S. sports betting apps and their respective sign-up sports betting offers.

Our latest rankings focus on the top seven new-user sportsbook bonuses — jump to our list of today's best sports betting promos and boosts if you're an existing player — you can claim in 2025:

• BetMGM promo - Best overall sign-up bonus
• Caesars Sportsbook promo - Best for experienced bettors
• bet365 promo - Best dual offer
• FanDuel promo - Best for high rollers
• Fanatics Sportsbook promo - Best safety net bonus
• DraftKings promo - Best for NFL fans
• BetRivers promo - Best for casual bettors

Covers Expert Analysis

"Since sportsbook promos change often, we are constantly reevaluating our list of top offers. We comb through terms and conditions, claim new bonuses, and compare deals across brands. Doing so ensures our sportsbook bonus recommendations are fresh. In August, BetMGM holds serve atop our list with its $1,500 sports betting promo."

Michael Duchesne, Managing Editor

1. BetMGM promo - Best overall sign-up bonus

The 'King of Sportsbooks' is offering one of the most lucrative sports betting promos in 2025 for all new users who sign up with our BetMGM bonus code 'CVRBONUS1500.' You either score up to $1,500 in bonus bets if your first wager misses or keep all the cash from your winnings if it hits. 

High rollers will appreciate the maximum $1,500 amount — few sports betting bonuses ever reach such a number — that you can earn from BetMGM, which allows you to be a bit riskier with your initial wager and provides a wide safety net should it not go your way.

BetMGM iOS app

BetMGM promo terms and conditions

• You must use our exclusive BetMGM bonus code 'CVRBONUS1500' to qualify.
• A minimum deposit of $10 is required.
• If your first bet loses, BetMGM will issue back 100% of your qualifying stake, up to $1,500, in bonus bets. You will also receive a $50 bonus bet, regardless of your wager's outcome. 
• If you wager more than $50, you will receive five (5) bonus bets that are each worth 20% of your qualifying stake. You will receive one bonus bet if you wager $49 or less. For example, if you wagered $1,500 and lost, you would get five (5) $300 bonus tokens adding up to $1,500.
• The bonus is valid for seven days (168 hours) after issuance.
• This Covers-verified BetMGM Sportsbook promo expires at 11:59 p.m. ET on Sept. 1, 2025.

BetMGM promo highlights

💰 Sign-up bonus	$1,500 First Bet Offer
⏩ BetMGM bonus code	CVRBONUS1500
🏅 Top feature	Best sportsbook promotion
💵 Minimum deposit	$10
🕒 Payout speed	Within 48 hours
App Store rating	4.8/5 ⭐ (237.7K reviews)
Google Play rating	4.2/5 ⭐ (36.2K reviews)
🌎 Available states	AZ, CO, IA, IL, IN, KS, KY, LA, MD, MA, MI, MS, NC, NV, NJ, NY, OH, PA, TN, VA, WV, WY (+ DC, PR)
🕒 Offer expiry	Sept. 1, 2025
✅ Last verified	Aug. 23, 2025

Check out our BetMGM bonus code page for more information about one of the best betting sites in 2025, including how you can unlock an array of great sportsbook promos.

2. Caesars Sportsbook promo - Best for experienced bettors

The current Caesars Sportsbook welcome bonus is a personal favorite of ours because it gives you the opportunity to claim 20x 100% profit boosts, each worth up to $2,500. While the maximum amount is high, you only need to deposit $10 and wager $1 to qualify for the promo, making it attainable for bettors of all experience levels.

A traditional ‘second chance’ sportsbook promo, the Caesars Sportsbook sign up bonus is great because it offers such a wide range of possibilities. More experienced bettors can attempt to stack their winnings and aim for the $25,000 maximum, while newer players can test the waters via their favorite markets. 

Caesars Sportsbook iOS app

Caesars Sportsbook promo terms and conditions

• You must use the Caesars Sportsbook promo code 'COVERS20X' to qualify.
• Make a minimum deposit of $10 into your new account.
• You must place your qualifying wager within 30 days of creating your account. Place a  minimum wager of $1 and you will receive 20x 100% profit boosts, each worth up to $2,500 if your bet loses.
• Caesars Sportsbook will award the bonus, which is non-withdrawable, within 72 hours of your bet settling.
• Your bonus is valid for 14 days days after issuance.
• This Covers-verified Caesars Sportsbook promo ends at 11:59 p.m. ET on Nov. 4, 2025.

Caesars Sportsbook promo highlights

💰 Sign-up bonus	Bet $1, Double Winnings on Your Next 20 Bets
⏩ Caesars promo code	COVERS20X
🏅 Top feature	Best betting promo for experienced users
💵 Minimum deposit	$10
🕒 Payout speed	Within 24 hours
App Store rating	4.7/5 ⭐ (88.2K reviews)
Google Play rating	4.5/5 ⭐ (30.3K reviews)
🌎 Available states	AZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, ME, MI, MS, NC, NJ, NY, NV, OH, PA, TN, VA, WV, WY (+ DC)
🕒 Offer expiry	Nov. 4, 2025
✅ Last verified	Aug. 23, 2025

Our Caesars Sportsbook review provides a complete overview of this operator. Interested in available bonuses? Read our Caesars Sportsbook promo code guide to see what offers await you. 

3. bet365 promo - Best dual offer

You can choose one of two bet365 sportsbook promos when you register via the bet365 Sportsbook app: 'Bet $5, get $200 in bonus bets guaranteed*' or the '$1,000 First Bet Safety Net.' What's great about this offer is that it's the only one where you get the choice between two bonuses.

We prefer the first offer because its straightforward terms make it more accessible for the average bettor. Additionally, you are guaranteed the $200 bonus regardless of the result of your qualifying wager, which we appreciate. In contrast, you must lose your initial bet to receive bet365's secondary $1,000 welcome offer.

bet365's 'bet and get' welcome promo is ideal for newbies. You only need to complete two steps to score $200 in bonus bets guaranteed*: Deposit $10 within seven days of creating your account and wager at least $5 on any market with odds of -500 or longer. With terms as straightforward as these, we highly recommend this bet365 welcome bonus if you are new to online sports betting. If you are a high roller who is comfortable making up to a $1,000 initial wager, we'd recommend claiming the $1,000 'first bet offer' offer since it provides a more lucrative upside.

bet365 iOS app

bet365 promo terms and conditions

• You must register via the bet365 Sportsbook app with our exclusive bet365 bonus code 'COVERS' ('CVSBONUS' if you are in CO, IL NJ, PA, TN).
• You must make a minimum initial deposit of $10 to claim the bonus.
• Place an initial $5 wager on any market with -500 odds or greater within 30 days of opening your account to qualify.
• Whether your bet wins or loses, bet365 will issue you $200 in bonus bets guaranteed* that can be used on any sports betting market. You'll also receive 50 casino spins in PA.
• Your bonus will expire seven days (168 hours) after issuance.
• These Covers-verified bet365 sports betting promo codes expire at 6:59 a.m. ET on Sept. 20, 2025.

bet365 promo highlights

💰 Sign-up bonus	Bet $5, Get $200 Win or Lose or $1,000 First Bet Safety Net
💰 Sign-up bonus (PA only)	Bet $5, Get $200 Win or Lose + 50 Spins
⏩ bet365 bonus code	COVERS or CVSBONUS (CO, IL, NJ, PA, TN only)
🏅 Top feature	Best dual sportsbook promotions
💵 Minimum deposit	$10
💵 Minimum wager	$5
🕒 Payout speed	Within 24 hours
App Store rating	4.8/5 ⭐ (183.6K reviews)
Google Play rating	4.5/5 ⭐ (32.7K reviews)
🌎 Available states	AZ, CO, IA, IL, IN, KS, KY, LA, NC, NJ, OH, PA, TN, VA
🕒 Offer expiry	Sept. 20, 2025
✅ Last verified	Aug. 23, 2025

We've provided a more in-depth analysis of the operator in our bet365 review, which highlights the latest bet365 bonus code required to claim its welcome offer. 

4. FanDuel promo - Best for high rollers

We consider the current FanDuel Sportsbook sign up bonus to be among the industry’s best bonus bets promos. We love how straightforward its terms are: Deposit at least $500 and place a losing wager to secure your bonus bets. Additionally, the funds come with no wagering requirements or market restrictions, providing you with complete future betting flexibility — should you earn the bonus.

FanDuel’s welcome bonus is an ideal new-user offer for a high roller. Sportsbook bonuses of this nature are rare, so unless you prefer to hold out for a larger 'boom or bust' offer, we recommend claiming this bonus bet offer today. 

FanDuel iOS app

FanDuel promo terms and conditions

• You must download the FanDuel Sportsbook app to claim the welcome bonus.
• Make a minimum deposit of $5 into your new account.
• Place an initial $5 real money wager on any available market. If your wager wins, FanDuel Sportsbook will award you with $300 in bonus bets
• If you win a wager using your $300 in bonus bets, the bonus amount will not be returned as part of your winnings. 
• Your bonus bets are valid for seven days (168 hours) after issuance.
• This Covers-verified FanDuel Sportsbook promo expires at 11:59 p.m. ET on Oct. 23, 2025.

FanDuel promo highlights

💰Sign-up bonus	Bet $5, Win $300
🏅 Top feature	Best promo for high rollers
💵 Minimum deposit	$500
💵 Minimum wager	$5
🕒 Payout speed	Within 24 hours
App Store rating	4.9/5 ⭐ (1.8M reviews)
Google Play rating	4.7/5 ⭐ (380.7K reviews)
🌎 Available states	AZ, CO, CT, IL, IN, IA, KS, KY, LA, MD, MA, MI, NC, NJ, NY, OH, PA, TN, VT, VA, WV, WY (+ DC)
🕒 Offer expiry	Oct. 23, 2025
✅ Last verified	Aug. 23, 2025

Browse our FanDuel review for an unbiased look at this great online sportsbook and our FanDuel promo code guide to learn about the available betting bonuses you can claim in 2025.

5. Fanatics Sportsbook promo - Best safety net bonus

We're big fans of Fanatics Sportsbook's current welcome bonus that provides you with up to $2,600 in FanCash, which trumps many other competitor offers in the industry. Fanatics Sportsbook matches your first football — NFL or NCAAF — wager each eligible game day, up to $100 in FanCash, if it loses. 

We believe this bonus is best suited for all sports bettors. Those who are more experienced can bet a maximum of $100 per the 26 eligible football game days to fully maximize the bonus. At the same time, casual bettors can still score the bonus by wagering as little as $1 per game day. You can also change the amount of your daily wager, which provides complete freedom and flexibility to all bettors.

Fanatics Sportsbook iOS app

Fanatics Sportsbook promo terms and conditions

• You do not need a Fanatics Sportsbook promo code to score this offer.
• A minimum $10 deposit and $1 wager is required.
• Place a daily wager of at least $1 on any NFL or NCAAF market with +300 odds or longer. 
• If your wagers lose, Fanatics Sportsbook up to a $100 FanCash bonus bet per football game day. This offer applies to 26 eligible game days, allowing you to unlock up to $2,600 in FanCash.
• The non-withdrawable bonus expires at 11:59 p.m. each day of issuance. This Covers-verified Fanatics Sportsbook promo expires on Oct. 12, 2025.

Fanatics Sportsbook promo highlights

💰 Sign-up bonus (National)	Up to $100 Back on Football Game Days
💰 Sign-up bonus (NY)	Up to $25 Back in FanCash
🏅 Top feature	Best safety net bonus
💵 Minimum wager	$1
🕒 Payout speed	Within 24 hours
App Store rating	4.8/5 ⭐ (126.1K reviews)
Google Play rating	4.7/5 ⭐ (27.1K reviews)
🌎 Available states	AZ, CO, CT, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VT, VA, WV, WY
🕒 Offer expiry	Oct. 12, 2025
✅ Last verified	Aug. 23, 2025

Our Fanatics Sportsbook review provides an extensive look into this emerging operator that offers one of the best sportsbook promos in 2025, which does not require a Fanatics Sportsbook promo code to claim. 

6. DraftKings promo - Best for NFL fans

There are many reasons why we believe DraftKings sportsbook promotions are among the best in 2025. Its first-timer bonus requires a mere $5 deposit and $5 wager to claim. You can use the 8 $25 bonus bets you'll receive on any sports betting market since there are no odds restrictions in place with this bonus, which is another definite plus in our eyes. The recent inclusion of a $200 discount for an NFL Sunday Ticket subscription on YouTube and YouTube TV is a massive boon for NFL fans. 

We recommend this DraftKings Sportsbook promo to any sports bettor because, similar to most ‘bet and get’ sports betting offers, it ensures future wagering flexibility, which is something that we target when making the list of the best sportsbook promos. You can use your eight bonus bets on eight future wagers, resulting in a potentially lucrative return on your initial $5 investment.

DraftKings iOS app

DraftKings promo terms and conditions

• No DraftKings promo code is required to secure this offer.
• Make a minimum deposit of $5 and wager of $5.
• If your wager wins or loses, you will receive $200 (8 $25 bonus bets) instantly. You will also receive $200 off an NFL Sunday Ticket subscription for YouTube and YouTube TV. $200 issued as non-withdrawable bonus bets that expire in seven days.
• The bonus is not included in any future winnings.
• Your bonus funds are valid for seven days (168 hours) after issuance.
• This Covers-verified DraftKings Sportsbook promotion expires at 11:59 p.m. ET on Sept. 29, 2025.

Full terms: dkng.co/ftball. Offer expires on Sept. 29, 2025, at 11:59 p.m. ET.

GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD).[1.5%] 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. Terms: draftkings.com/sportsbook. On behalf of Boot Hill Casino & Resort (KS).

DraftKings promo highlights

💰 Sign-up bonus	Bet $5, Get $200 + $200 Off NFL Sunday Ticket
🏅 Top feature	Best sportsbook promotion for NFL
💵 Minimum deposit	$5
💵 Minimum wager	$5
🕒 Payout speed	Within 24 hours
App Store rating	4.8/5 ⭐ (840.9K reviews)
Google Play rating	4.3/5 ⭐ (171.7K reviews)
🌎 Available states	AZ, CO, CT, IA, IL, IN, KS, KY (18+), LA, MA, MD, ME, MI, NC, NH (18+), NJ, NY, OH, OR, PA, TN, VA, VT, WY (18+), WV
🕒 Offer expiry	Sept. 29, 2025
✅ Last verified	Aug. 23, 2025

Read our in-depth DraftKings review to learn more about the online sportsbook in 2025, and don't forget to check out the latest DraftKings promo code and corresponding offers.

7. BetRivers promo - Best for casual bettors

We love BetRivers' latest welcome offer because it's straightforward to claim with our exclusive BetRivers bonus code ‘COVERSBONUS.’ While the total value of the bonus varies depending on your location — ranging from a $100 to $500 bonus — the terms are simple: If you lose, BetRivers Sportsbook will give you a second chance. If you win, you keep the profit. This is a great way to build your bankroll as you start your sports betting venture.

We recommend BetRivers Sportsbook's current welcome offer to all bettors who have yet to try out the platform. This ‘second chance bet’ type of sportsbook promo allows you to place your first bet confidently, knowing you’ll receive the entirety of your stake back in bonus bets if it is unsuccessful. We also appreciate the offer’s required minimal initial investment, as you can wager as little as $10 to secure the bonus. 

BetRivers iOS app

BetRivers promo terms and conditions

• You must use the BetRivers bonus code 'COVERSBONUS' during registration to qualify.
• Make a minimum deposit of $10.
• Place an initial wager of up to $500 ($250 in CO and NJ; $100 in AZ, DE, IA, NY, OH, and WV), and BetRivers will return your entire stake if you lose.
• Your must wager your BetRivers Sportsbook bonus on any sports betting market with -200 odds or longer.
• Your bonus funds are valid for 30 days.
• This Covers-verified BetRivers Sportsbook promo is currently available until Dec. 31, 2025.

BetRivers promo highlights

💰 Sign-up bonus	Up to a $500 Second Chance Bet
⏩ BetRivers bonus code	COVERSBONUS
🏅 Top feature	Perfect for casual bettors
💵 Minimum deposit	$10
🕒 Payout speed	Within 24 hours
App Store rating	4.9/5 ⭐ (19.5K reviews)
Google Play rating	4.6/5 ⭐ (7.8K reviews)
🌎 Available states	AZ, CO, DE, IL, IN, IA, LA, MD, MI, NJ, NY, OH, PA, VA, WV
🕒 Offer expiry	Dec. 31, 2025
✅ Last verified	Aug. 23, 2025

Read through our BetRivers review to learn more. Our BetRivers bonus code guide outlines the available offers you can claim in 2025. 

Sportsbook bonus comparison

	BetMGM Sportsbook	FanDuel Sportsbook	Caesars Sportsbook	DraftKings Sportsbook	bet365 Sportsbook	Fanatics Sportsbook	BetRivers Sportsbook
Welcome bonus	$1,500 First Bet Offer	Bet $5, Win $300	Bet $1, Double Winnings on Your Next 20 Bets	Bet $5, Get $200 + $200 Off NFL Sunday Ticket	Bet $5, Get $200 Win or Lose	Up to $100 Back on Football Game Days	Up to a $500 Second Chance Bet
Bonus code	CVRBONUS1500	Not required	COVERS20X	Not required	COVERS	Not required	COVERSBONUS
Bonus type	Second chance bet	Second chance bet	First bet offer	Bet and get	Bet and get	Second chance bet	Second chance bet
Bonus form	One (< $50) or five (> $50) bonus bets	Up to $2,500 in bonus bets	20x 100% profit boosts, each worth up to $2,500	Eight (8) $25 bonus bets	$200 in bonus bets	Up to 10x $100 in FanCash	One (1) up to $500 bonus bet
Wagering period	7 days	7 days	14 days	7 days	30 days	7 days	30 days
Min. deposit	$10	$5	$10	$5	$10	$10	$10
Covers BetSmart Bonus Rating	⭐ 4.8/5	⭐ 4.7/5	⭐ 4.7/5	⭐ 4.6/5	⭐ 4.7/5	⭐ 4.6/5	⭐ 4.4/5

More of the best sportsbook promos

We've outlined several additional enticing U.S. sports betting promos you can claim in 2025 below:

🏆 Sportsbook	💡 Guides	💰 Sign-up bonus
	Hard Rock Bet promo code | Hard Rock Bet review	Bet $5, Win $150
	Borgata promo code | Borgata review	Bet $20, get $100
	Bally Bet promo code | Bally Bet review	Bet $10, get $50
	ESPN BET promo code | ESPN BET review	Bet $10, Get $100
	Golden Nugget Sportsbook bonus code | Golden Nugget review	$250 bonus bet
	Betr Picks promo code | Betr review	$200 deposit match
	betPARX review	Bet $10, win $125
	Betly review	$100 bonus bet

How to get your sportsbook promo

Claiming the best sports betting promotions for new users in 2025 takes minimal time and effort when you follow the simple instructions we've outlined below.  All that you need to do is choose your preferred promo, create an account, verify your identity, and claim your offer.

Top sports betting promos and boosts today

Below, we've outlined the best sports betting promos all bettors can claim on Aug. 23, 2025:

Top games to bet on this week

Who said that summer is the 'slow season' for sports? Between the NFL preseaon, MLB, WNBA, NASCAR, golf, UFC, and boxing world, there are plenty of betting opportunities available. We've outlined the top games to bet on this week below: 

Popular types of sports betting promos

The most popular sports betting promos include 'Bet & Get' offers, first deposit bonuses, and second chance bets. Each of these promos provides you with an opportunity to build your bankroll. The table below outlines the top promos you're likely to find when signing up for a sportsbook in 2025. 

How do bonus bet ('bet and get') offers work?

Bonus bets are one of the best sports betting promotions in 2025, providing a guaranteed bonus — typically ranging between $100 and $200 — to the new bettors as long as they meet the offer's minimum requirements. Most online sportsbooks give you your bonus whether you win or lose, but do note that some betting sites require you to win your initial wager to get the bonus.

Best 'bet and get' bonus: 

How do 'second chance bet' offers work?

Second chance bets allow new bettors to wager with confidence initially, knowing that if their first bet fails, the sportsbook returns the amount wagered up to a specified number. We consider this to be one of the best sportsbooks promos for new users since they give users two chances to make get off to a strong start at the site.

What is the BetMGM $1,500 bonus?

BetMGM is currently offering a 'second-chance bet' welcome offer, awarding new users up to $1,500 back if their first wager loses.  

Best 'second chance bet' bonus: 

How do 'deposit match' offers work?

A deposit match bonus — or cash bonus — is arguably the most common sportsbook bonus out there, as online sports betting sites will match your deposit up to a specified dollar amount, which is usually a 100% match rate if you are a first-time customer.

The currency a sportsbook will provide to your account via a deposit match bonus may vary. Bonus bets and site credit are typical, but you may be offered real cash instead in some instances.

Best 'deposit match' bonus: 

How do 'no deposit bonus' offers work?

While it's is extremely rare, we consider a no-deposit bonus the most sought-after type of sportsbook bonus — it’s the closest a bettor can get to placing a bet with zero risk. Simply sign up, and your account will be credited with — usually a small amount — of bonus money.

Typically, no-deposit bonuses are now tendered as pre-registration offers, which online sportsbooks provide when a state is set to open its doors to legal sports betting for the first time. Keep track of states with legal sports betting and which ones may vote in favor of legalization in the future.

Sportsbook bonuses for existing users

There's a world beyond sportsbook welcome and sign-up bonuses. Some of the best bonuses from betting sites are ongoing promotions, including profit boosts, odds boosts, and reload bonuses. Plus, registering with operators that offer the best sportsbook rewards programs in 2025 can help you score exclusive sports betting bonuses and promos, too. We've outlined several of the best sportsbook odds boosts and promos current bettors can claim for the NBA and NHL playoffs:

Odds boost

In sports betting terminology, a boosted odds bonus represents what it purports to be — a sportsbook bonus in which the value of odds on particular wagers has increased. These can occur regularly depending on the operator and include the likes of Over/Under (totals), moneyline, point spread, prop bets, and same-game parlays.

When a specific sportsbook market posts ‘boosted odds’, the line is more advantageous for the user on a seemingly surefire bet. For example, if the Indiana Pacers were playing the Oklahoma City Thunder, and the line was set at +100 boosted odds for the Thunder to win.

Given the likelihood of the Oklahoma City Thunder beating Indiana, regular odds would line up at about -300 for the moneyline. Sportsbooks sometimes provide boosted odds for either a user reward or promotional purposes. We encourage players to take advantage of a boosted odds market when presented with the opportunity, as your odds of profiting will be more likely than usual.

Reload bonuses

Some online sportsbooks offer their users reload bonuses, meaning they will receive additional site credit each time they replenish their account balance with real cash. Some reload bonuses are deposit matches, while others are bonus bets on specific markets.

For example, a sportsbook may award a $10 bet to any NFL Super Bowl 59 market for every $50 of real cash deposited into an account balance. If it’s a deposit match reload bonus, they may offer to match up to 50% of a deposit during each reload transaction.

Reload bonuses are available exclusively to existing customers who have already received their sign-up bonuses. Sportsbooks will offer these ongoing promotions — frequently or less frequently, depending on the operator — to satiate their users by providing them with boosts to their bankrolls.

Much like many sign-up bonuses, reload bonuses usually come in the form of deposit matches and are activated by making a new deposit. But unlike sign-up bonuses, the match rates for reload bonuses tend to be low — typically 10-15%.

Referral bonus

Sports betting sites are keen to attract new players and often reward existing customers for their recruitment efforts. Already registered players stand to earn a sportsbook referral bonus for any referrals, resulting in a sign-up and real money minimum deposit.

Most sportsbooks give registered users a unique referral code that can be distributed among friends and family. If someone registers and enters a previously registered user’s referral code during sign-up, both parties will likely receive some kind of referral bonus.

Our pick for the top refer-a-friend bonus comes from FanDuel Sportsbook:

Up to $75 Referral Bonus

No code required

Claim $75

FanDuel has the best betting app promos in 2025 thanks to its strong refer-a-friend program. Send a referral link provided by FanDuel to your friend, have them sign up, and place a wager of $10 or more, and you'll both be rewarded with $75 in site credit. There is a 10-person maximum referral limit per user.

Common sportsbook bonus terms and conditions

Whether you're claiming sport betting offers or an online casino bonus, all promos come with specific terms and conditions that you should read carefully before claiming. Failure to do so could result in forfeited bonuses. You also want to keep the wagering requirements in mind so that you know how many times you need to play through your funds before they are withdrawable.

We've outlined several mistakes to avoid when claiming sports betting promos and bonuses.

Allowing promotions to expire

Most operators will only give you a short time frame to use your bonus, which is usually between seven and 14 days. If you have unused bonus bets after the specified time, the sportsbook will remove them from your account.

Overlooking rollover requirements

Some sportsbook promos come with rollover, or "wagering" requirements. Look for "5x" or "10x" in the terms and conditions. The number before "x" indicates the number of times you have to wager your initial deposit, bonus, or both. For example, if your bonus is $100 with a 5x requirement, you would have to rack up $500 in cumulative wagers.

Neglecting minimum odds requirements

Sportsbooks may attach a minimum odds requirement to your initial wager, meaning a bet placed on shorter odds will not unlock a bonus. If terms indicate you must wager on minimum -200 odds, be sure to lock in your bet on -175, -150, +100, or longer odds. You don't want to miss out on this offer because of a mistake like that.

Betting on ineligible markets

If your qualifying wager has to settle within seven days, futures bets may not be an option. If terms and conditions allude to same-game parlays, you may not be able to place single-game wagers with your bonus bets. Check out the list of ineligible markets to ensure you're aware of market limitations.

Not maximizing value 

While $1,000 bets aren't for everyone, understanding the full scope of sports betting offers will put you in a position to make an informed decision when it comes to how much you deposit and wager. For example, there's no need to place a $100 wager if it takes only $5 to earn you $200 in bonus bets.

Cashing out of qualifying wagers 

Some welcome promos, like Bet & Get or First Bet Insurance, require you to place a qualifying wager before you receive the bonus. If you cash out of this bet before it's settled, you will forfeit your bonus, so make sure to avoid doing that. Remember, you're getting bonuses even if you lose this wager, meaning that there's no need to cash out early regardless.

Sports betting promo codes and bonuses by state

The number of states where online sports betting is legal continues to climb. However, not all will offer the sports betting promos identified within this guide. Why not? Certain states limit the number of licensed operators they allow to take bets within their borders.

Secure the best sports betting promotions from current and new betting sites in the following U.S. states:

State-specific sportsbook promos

State-specific DFS and social betting promos

Responsible gaming with sportsbook promos

How Covers' experts choose the best sportsbook bonuses

Our team of experts has evaluated every regulated online sportsbook in the U.S. to gain a keen understanding of their welcome bonuses, daily promotions, and rewards programs.

Not only do we keep a close eye on the latest updates from legal sportsbooks, but we also put the bonuses to the test by activating them and providing first-hand feedback that new players can absorb. Collectively, our team has made thousands of wagers and seen each operator try different bonuses, from 'bet and gets' to 'no sweat first bets' and more.

Primary considerations when evaluating the best sportsbook promos

✅ How much to deposit and wager to maximize the welcome bonus

✅ What is the maximum bonus available

✅ The playthrough, rollover, or wagering requirement to withdraw funds (the lower, the better)

✅ Amount of time allotted to meet the promo code requirements (e.g., seven days)

✅ Any minimum odds associated with the promo

✅ Any reward or loyalty programs to consider

✅ Other eligible promotions, including boosts, complimentary bonus bets, and more

Betting sites to avoid

If it seems too good to be true, it probably is. There are plenty of suspect online sportsbooks and operators looking to steal your business from reputable betting sites. Avoiding these illegal offshore sportsbooks is essential as it’s nearly impossible to recover any unpaid winnings from them. You can take a closer look at these unregulated sportsbooks via our blacklist. 

• Allegations of withdrawal issues
• No license information available on site
• Poor customer service

• Multiple reports of slow payments
• Allegations of non-payments
• Risk of account closure simply for winning bets

• Reports of confiscated winnings
• Slow customer support response times

See all blacklisted sportsbooks

Why trust Covers?

Covers has been a leading sports betting industry expert for three decades, establishing an authority within the space of sports betting odds, lines, picks and news.

The sports betting promo codes and bonuses that we've recommended here have been personally reviewed, meticulously curated, and regularly updated by our team of experts.

News outlets look to Covers due to our deserved reputation as a trusted and authoritative source of sports betting information. Here are some of the numerous notable publications and media outlets that have referenced Covers.com and our industry experts:

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