Looking for sportsbook promos ahead of NBA opening night on Tuesday, Oct. 20? New users can download top apps and claim welcome offers right now. Check out the best betting sites & apps below for the latest sign-up deals.
NBA Tip-Off and the World Series give new users a timely reason to compare the best betting promos from the best betting sites. Here is how to claim each welcome offer.
| Top 5 Sportsbooks | Welcome Offers | Claim Now |
|---|---|---|
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Make a $1.5K First Bet + $50 Bonus Bets | Claim $1.5K + $50 with code 'COVERS50' |
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Get up to $350 in Bonus Bets | Claim $350 |
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Bet $5, Get $200 in Bonus Bets | Claim $200 |
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$350 in FanCash | Claim $350 with code 'COVERS350' |
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Bet $10, Get $200 Win or Lose | Claim $200 |
No. 1: BetMGM Sportsbook
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 Welcome Offer
New users in AZ, CO, DC, IA, IL, IN, LA, KS, KY, MD, NC, OH, TN, VA, and WY can use the BetMGM bonus code COVERS to make a $1,500 First Bet. If your first bet loses, you get your stake back, up to $1,500, in bonus bets.
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 have until Oct. 18, 2026, at 11:59 PM ET to claim the offer.
- 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 offer:
- Download the BetMGM app and review the banking options and customer service responsiveness.
- Register with BetMGM Sportsbook and enter your personal information, such as name, address, email address and phone number.
- Enter the BetMGM bonus code COVERS. If you do not add the code at registration, you will void the offer from your account.
- Choose your preferred deposit option, including credit cards and PayPal, and add at least $10.
- Place a qualifying wager on any sport or market. If it loses, you will get your entire stake back, up to a maximum of $1,500, in bonus bets.
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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 Welcome Offer
Claim the latest FanDuel promo code offer for up to $350 in bonus bets. No code is required. Just 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.
- If 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 offer:
- Register with FanDuel. You must sign up and verify your identity in the FanDuel Sportsbook app to qualify for the welcome offer.
- Place a qualifying deposit. Go to the Cashier section, choose your preferred banking option, and make a minimum $5 deposit.
- Place a qualifying wager. Browse the FanDuel betting markets and place a wager of at least $5 to qualify. You will get a $50 bonus. Repeat the wagering process for your first five days to maximize the welcome offer.
- Withdraw the winnings. You cannot withdraw bonus bets. Use the bonus on an eligible wager, and if it wins, the winnings become withdrawable, but the bonus-bet stake is not returned.
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 Welcome Offer
The latest DraftKings promo code offer is a Bet $5, Get $200 in Bonus Bets welcome bonus, which also includes three months of NBA League Pass. No code is required.
Terms and conditions:
- The DraftKings welcome 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.
- Make a minimum $5 deposit.
- Place a qualifying wager of at least $5 on any sports betting market.
- Whether your first bet wins or loses, you qualify for the DraftKings welcome offer.
- 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 DraftKings 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 offer:
- Sign up for a DraftKings Sportsbook account with the exclusive link.
- Make an initial $5 real-money deposit.
- Place a qualifying first wager of at least $5.
- 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. 5: Fanatics Sportsbook
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 Welcome Offer
Register using the Fanatics Sportsbook promo code COVERS350 to bet $20 and get $350 in guaranteed FanCash. The offer is available only 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:
- This welcome offer is only available to new users who do not already have an account.
- 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.
- The non-withdrawable FanCash bonus expires after seven days.
How to claim the offer:
- Create an account and enter promo code COVERS350 during registration.
- Make a qualifying deposit to fund your account.
- Place a $20+ bet at odds of -500 or longer within seven days of signing up.
- 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
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 Welcome Offer
New users can claim the bet365 bonus code offer to 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, VA, IL, and TN.
Terms and conditions:
- Available to new customers only. A deposit (minimum $10) is required to participate in this promo.
- You must claim the promo via the bet365 app within 30 days of registering your account. Once released, your Bonus Bets will be held in your account balance and are non-withdrawable.
- 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 placed must contain at least one selection at odds of -500 or greater.
- Only the largest cumulative wager on an individual selection within a market/fixture combination (either pre-game or Live In Game) 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 which are 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. Bonus Bets cannot be used on certain products, promotions, and bet types.
- Your Bonus Bets will expire seven days after they are added to your Bonus Bets balance.
- New users in PA, NJ and MI receive 50 Spins in addition to this welcome offer.
- Minimum $10 deposit required. Minimum odds: -500 or greater. New customers only. Terms, time limits, and exclusions apply.
How to claim the offer:
- Register for an account on the bet365 website or mobile app.
- Choose a deposit method and transfer funds into your new bet365 account balance. A minimum qualifying deposit of $10 is necessary.
- 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.
- After your bet settles, you will receive your bonus bets. Site credit is not a withdrawable balance like real cash. The typical withdrawal process takes up to five business days.
These welcome offers give new users several ways to get started during NBA opening night and the World Series. Review the terms for each offer, confirm eligibility in your state, and sign up before the deadlines listed above.
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