Top Sportsbook Promos for Friday: Claim Over $2,600 in Bonuses for College Football, World Series, NBA Games

Carson Deveau - Betting Editor at Covers.com
Carson Deveau • Sports Betting Editor 3+ years betting experience
Updated: Oct 23, 2026 , 07:45 AM ET • 3 min read

Claim the best sportsbook promos for Week 8 College Football, the NBA and World Series Game 1 on Friday, October 23. Compare the best betting promos.

Photo By - Claim sportsbook welcome bonuses by signing up today!

Friday, October 23 brings Week 8 College Football, a full NBA slate and World Series Game 1. Download the top apps to claim the latest sportsbook promos before the action starts. Compare the best betting sites & apps and pick the welcome offer that fits your style.

Each sportsbook below outlines its welcome offer, terms and sign-up steps for new users. Review the details, check state availability and register before tipoff or first pitch.

Friday night is stacked with Week 8 College Football, the NBA and World Series Game 1, which makes it a strong time to compare the best betting promos. Here is how each welcome offer works.

Top 5 Sportsbooks Welcome Offers Claim Now
BetMGM Make a $1.5K First Bet + $50 Bonus Bets Claim $1.5K + $50 with code 'COVERS50'
FanDuel Get up to $350 in Bonus Bets Claim $350
DraftKings Bet $5, Get $200 in Bonus Bets Claim $200
Fanatics $350 in FanCash Claim $350 with code 'COVERS350'
bet365 Bet $10, Get $200 Win or Lose Claim $200

No. 1: BetMGM Sportsbook

BetMGM Logo
Make A $1.5K First Bet
COVERS

Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See Sports Betting | Legal Online Sportsbook at BetMGM | BetMGM for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.

BetMGM Sportsbook Offer

New users can use the BetMGM bonus code COVERS to make a $1,500 First Bet. If your first bet loses, you receive your stake back in bonus bets, up to $1,500. In CO, MI, NJ, PA and WV, the offer is Bet $10, Get $150 if it wins.

This offer is available for new users in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA and WY. You have until October 18, 2026, at 11:59 PM ET to claim the offer.

Terms and conditions:

  • You must make a $10 initial deposit and place a real money wager to activate your welcome bonus.
  • If you lose your first bet, you will receive your entire stake back, up to $1,500, in bonus bets. Bonus bets expire after seven days.
  • If you wager more than $50, BetMGM will award five bonus bets, each worth 20% of your qualifying wager. If you wager less than $50, you get one bonus bet.
  • For example, if you wagered $1,500 and lost, you would get five $300 bonus credits, adding up to $1,500.
  • You cannot use BetMGM if you are on any self-exclusion lists for gambling.
  • Winning bets are immediately withdrawable. Bonus bets must be wagered before any payout is available, and only winnings from the wager are returned, not the bonus itself.

How to claim the BetMGM offer:

  1. Download the BetMGM app and register for a new account by entering your personal information, such as name, address, email address and phone number.
  2. Enter the BetMGM bonus code COVERS during registration. If you do not add the code, you will void the offer from your account.
  3. Choose your preferred deposit option and add at least $10 to qualify.
  4. Place a qualifying wager on any sport or market. If it loses, you will get your entire stake back in bonus bets, up to a maximum of $1,500.

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No. 2: FanDuel Sportsbook

Get up to $350 in Bonus Bets

New customers only. Deposit min. $5. Wager $5 per day to get $50 in bonus bets, win or lose, within 72 hours of the wager settling. Repeat the daily betting for seven consecutive days to get up to $350 in bonus bets.

FanDuel Sportsbook Offer

The latest FanDuel promo code offer gives new users up to $350 in bonus bets. No code is required. Wager $5 or more to trigger a daily $50 bonus bet, and repeat for five days to maximize the promo.

The offer is available in AR, AZ, CO, CT, IL, IA, IN, KS, KY, LA, MD, MA, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV and WY, plus DC.

Terms and conditions:

  • Download the FanDuel Sportsbook app and create your account.
  • Make an initial deposit of at least $5.
  • Place a $5 qualifying wager on any betting market.
  • Whether the bet wins or loses, FanDuel will issue you $50 in bonus bets.
  • Repeat the daily wagers for seven consecutive days to maximize the FanDuel promo.
  • Your bonus bets are valid for seven days (168 hours) after issuance. The bonus stake is not returned in any winnings.

How to claim the FanDuel offer:

  1. Sign up and verify your identity in the FanDuel Sportsbook app.
  2. Go to the Cashier section, choose your preferred banking option and make a minimum $5 deposit.
  3. Browse the FanDuel betting markets and place a wager of at least $5 to qualify. You will get a $50 bonus.
  4. Repeat the wagering process for your first five days to maximize the welcome offer.
  5. To withdraw, use the bonus on an eligible wager. If it wins, the winnings become withdrawable, but the bonus bet stake is not returned. Bonus bets themselves cannot be withdrawn.

No. 3: DraftKings Sportsbook

Bet $5, Get $200

GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit http://gamblinghelplinema.org (MA). Please Gamble Responsibly. 888-789-7777/visit http://ccpg.org (CT), or visit http://www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. 1 per new Sportsbook customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets. Stake removed from payout. Reward issued as $50 in Bonus Bets every 7 days via click-to-claim for 21 days. Bonus Bets and click-to-claims expire 7 days (168hrs) after issuance. Terms: http://dkng.co/offer . Get 1 promo code to redeem a 3-month NBA League Pass subscription, complimentary of DraftKings. Subscription auto-renews monthly at then-current price (currently $16.99/mo); cancel anytime. Terms, restrictions, and eligibility requirements apply. Redeem League Pass by 12/19/26 at 11:59 PM ET. Addt’l terms: http://support.watch.nba.com/hc/en-us/articles/9165532876183-League-Pass-Terms-of-Use_ . Ends 11/29/26 at 11:59 PM ET. Sponsored by DK.

DraftKings Sportsbook Offer

The latest DraftKings promo code offer is Spend $5, Get $200 in Bonus Bets plus 3 Months of NBA League Pass. No code is required. Whether your first bet wins or loses, you qualify for the welcome offer.

The offer is only available to new users in AR, AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MO, NC, NJ, NH, NY, OH, OR, PA, PR, TN, VA, VT, WY and WV.

Terms and conditions:

  • Make a minimum $5 deposit.
  • Place a qualifying wager of at least $5 on any sports betting market.
  • You will get two $25 bonus bets instantly, and then two $25 bonus bets every seven days for 21 days via a click-to-claim process.
  • The stake is not included in any winnings derived from the DraftKings new-user offer.
  • The bonus bets expire seven days from issuance.
  • This promotion, which also gives you access to a three-month trial for NBA League Pass, expires on Nov. 29, 2026, at 11:59 PM ET.

How to claim the DraftKings offer:

  1. Sign up for a DraftKings Sportsbook account.
  2. Make an initial $5 real-money deposit.
  3. Place a qualifying first wager of at least $5.
  4. Receive $200 via eight $25 bonus bets. You will receive your first two bonus bets after placing your qualifying wager, and then two $25 bonus bets every seven days for 21 days via click-to-claim. You will also get a code to access a three-month trial to NBA League Pass.

No. 4: Fanatics Sportsbook

Fanatics

Up to $350 in FanCash

New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, or WY. Apply promotion in bet slip and place a $1+ cash wager (min odds -200) daily for 10 consecutive days starting day of account creation. FanCash rewards will equal the qualifying wager amount (max $100 FanCash/day). FanCash issued under this promotion expires at 11:59 p.m. ET 7 days from issuance. Terms, incl. FanCash terms, apply—see Fanatics Sportsbook app.

Fanatics Sportsbook Offer

New users can use the Fanatics Sportsbook promo code COVERS350 to Bet $20, Get $350 in FanCash. This welcome offer is only available to new users who do not already have an account.

The offer is available in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, OH, PA, TN, VA, VT, WV and WY. It is not available in New York.

Terms and conditions:

  • Use Fanatics Sportsbook promo code COVERS350 to activate this offer.
  • A minimum deposit of $10 is required to activate the bonus.
  • Wager $20 or more on any sports market with minimum -500 odds.
  • Unlock $50 in FanCash every day for a week, worth $350 in total.
  • Fanatics Sportsbook's non-withdrawable FanCash bonus expires after seven days.

How to claim the Fanatics Sportsbook offer:

  1. Create an account and enter promo code COVERS350 during registration.
  2. Make a qualifying deposit to fund your account.
  3. Place a $20 or larger bet at odds of -500 or longer within seven days of signing up.
  4. Come back and place a qualifying bet daily for seven days to earn $50 in FanCash each day, for a total of $350. Each day's reward expires 24 hours after it is issued, so use it quickly.

No. 5: bet365 Sportsbook

Bet365 Logo

Bet $10, Get $200 Win or Lose

Bonus bet amounts not returned with winnings. Min. deposit required. Must register with app only. T&Cs, time limits, and exclusions apply. 21+. GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET (AZ, CO, IL, IN, KS, KY, LA, MD, MI, MO, NC, NJ, OH, PA, TN, VA) or 1-800-BETS OFF (IA). 21+ only. Please gamble responsibly. Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/MI/MO/NC/NJ/OH/PA/TN/VA.

bet365 Sportsbook Offer

The bet365 bonus code offer is Bet $10, Get $200 in Bonus Bets, win or lose. No code is required. The offer is available in AZ, CO, IA, IN, KS, KY, LA, MD, MI, MO, NC, NJ, OH, PA, WV and VA, as well as IL and TN. New users in PA, NJ and MI receive 50 Spins in addition to this welcome offer.

Terms and conditions:

  • Available to new customers only. A minimum $10 deposit is required. You must claim the promo via the bet365 app within 30 days of registering your account.
  • Place qualifying bets of $10 or more to get $200 in Bonus Bets. Your qualifying bets must settle within 30 days of claiming the promo.
  • Only qualifying bets placed and settled after claiming the promo will count towards releasing your Bonus Bets.
  • Bets must contain at least one selection at odds of -500 or greater.
  • Only the largest cumulative wager on an individual selection within a market and fixture combination will count towards the settled bets requirement.
  • Cashed Out bets, event-specific Bonus Bets placed by selecting Use Bonus Bet from the bet slip, Live In Game bets settled as a push and bets deemed no action do not count.
  • Your Bonus Bets are non-withdrawable and the Bonus Bets wager is excluded from any returns. Any returns from Bonus Bets placed will be added to your Withdrawable Balance.
  • Your Bonus Bets will expire seven days after they are added to your Bonus Bets balance.

How to claim the bet365 offer:

  1. Register for an account on the bet365 website or mobile app.
  2. Choose a deposit method and transfer funds into your new bet365 account balance. A minimum qualifying deposit of $10 is necessary.
  3. Choose a sports betting market and place your first bet, making sure to include one selection with odds of -500 or greater to qualify for the offer.
  4. After your bet settles, you will receive your Bonus Bets. Site credit is not a withdrawable balance like real cash, and the typical withdrawal process takes up to five business days.

Whether you are following Week 8 College Football, the NBA or World Series Game 1 on Friday, October 23, these welcome offers are available to new users. Review each set of terms, confirm your state is eligible and register before you place your first bet.

Always gamble responsibly and only wager what you can afford to lose. Check each sportsbook's full terms and conditions before you sign up.


Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

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Carson Deveau - Covers
Sports Betting Editor

Carson Deveau is a content editor for Covers, focusing on the commercial aspect of North America’s rapidly growing sports betting and iGaming market. Carson's passion for the industry pushes him to continue providing insightful sportsbook and iGaming reviews for bettors of all experience levels.

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