Looking for sportsbook promos ahead of Wednesday's slate? New users can download a sportsbook app, register and activate a welcome offer before the action starts. Compare the best betting sites & apps below, then follow each step-by-step guide to claim your bonus.
Wednesday, Oct. 28, brings NBA action, World Series Game 5, and the start of NFL Week 8 later this week. Here are the best betting promos and the best betting sites for new users to explore, with offer terms and sign-up steps for each sportsbook.
| Top 5 Sportsbooks | Welcome Offers | Claim Now |
|---|---|---|
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Make a $1.5K First Bet | Claim $1.5K with code 'COVERS' |
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Get up to $150 in Bonus Bets | Claim $150 |
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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 Bonus Code COVERS: $1,500 First Bet or Up to $1,000 Back in Bonus Bets
Use the BetMGM bonus code COVERS to make a $1,500 First Bet in AZ, CO, DC, IA, IN, KS, KY, LA, MA, MD, MO and WY. That means bonus bets back if your first bet loses. New users in IL, NC, OH, TN and VA can use COVERS for an "Up to $1,000 Back in Bonus Bets Over Your First 10 Days" bonus.
$1,500 First Bet terms and conditions (AZ, CO, DC, IA, IN, KS, KY, LA, MA, MD, MO, WY):
- BetMGM bonus code: COVERS
- Minimum deposit: $10
- Qualifying wager: Up to $1,500
- Bonus structure: Five bonus bets, each worth 20% of your qualifying stake (for wagers of $50 or more).
- Playthrough requirements: None. Bonus bets are non-withdrawable.
- Bonus expiry: Seven days from receipt.
Alternative COVERS offer terms (IL, NC, OH, TN, VA):
- BetMGM bonus code: COVERS
- Minimum deposit: $10
- Bonus structure: Receive one No Sweat Token to use on a daily wager for 10 days after your initial deposit. Apply the token to get the stake back if it loses.
- Maximum return per token: $100
- Playthrough requirements: None. Bonus bets are non-withdrawable.
- Bonus expiry: Seven days from receipt.
How to claim the BetMGM bonus code:
- Register an account: Download the BetMGM app or go to betmgm.com and click the gold "Sign Up" button. Enter your name, address, email address, phone number and the last four digits of your Social Security Number.
- Enter the applicable code: Enter the Covers-verified BetMGM bonus code COVERS when prompted.
- Deposit funds: Choose your preferred deposit option, including credit cards and PayPal. You must deposit at least $10 to qualify.
- Place your qualifying bet: Place a qualifying wager up to $1,500 on any sport or betting market with minimum odds of -10,000. If you lose, you'll get your entire stake back in bonus bets.
- Receive and use the bonus: If your qualifying wager was more than $50, you'll get five bonus bets, each equal to 20% of your losing bet. Qualifying wagers of $50 or less will get one bonus bet. You must wager bonus bets once before you can request a withdrawal. Only the winnings are paid out, and the bonus bet stake is not returned.
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No. 2: FanDuel Sportsbook
Get up to $150 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 three consecutive days to get up to $150 in bonus bets.
FanDuel Promo Code: Get Up to $150 in Bonus Bets
You don't need a FanDuel promo code to get up to $150 in bonus bets. Wager $5 or more each day for three consecutive days to trigger a daily $50 bonus bet. The offer is available in AR, AZ, CO, CT, IL, IN, IA, KS, KY, LA, MD, MA, MI, MO, NC, NJ, NY, OH, PA, TN, VT, VA, WV and WY, plus DC and PR.
FanDuel 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 within 72 hours of the wager settling.
- Repeat the daily wagers for the following six consecutive days to maximize the FanDuel promo. If you don't place a bet during your promotional period, the bonus for that day will be voided.
- 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 bonus:
- Register with FanDuel: 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. Using EDGE Boost to fund FanDuel keeps your betting budget separate from everyday spending for easy tracking.
- Place a qualifying wager: Browse the FanDuel betting markets and place a wager of at least $5. You'll receive $50 in bonus bets within 72 hours after your qualifying wager settles. Repeat the wagering process for the next six days to maximize the welcome offer. Your qualifying wager cannot use bonus funds or profit boosts, and it cannot be cashed out.
- Withdraw the winnings: You cannot withdraw bonus bets. Use the bonus on an eligible wager. If it wins, the winnings become withdrawable, but the bonus-bet stake is not returned. Then choose your banking option and confirm the amount you want to withdraw.
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 Promo Code: Spend $5, Get $200 in Bonus Bets Plus 3 Months of NBA League Pass
The latest DraftKings promo code offer is a "Bet $5, Get $200 in Bonus Bets + 3 Months of NBA League Pass" welcome bonus. No code is required. Here are the offer's terms, plus the qualifying steps to activate it.
DraftKings terms and conditions:
- The 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 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 bonus on DraftKings:
- Sign up: Sign up for a DraftKings Sportsbook account with our exclusive link.
- Deposit: Make an initial $5 real-money deposit.
- Place bet: Place a qualifying first wager of at least $5.
- Get bonus: You'll get $200 via eight $25 bonus bets. You'll 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'll also get a code to access a three-month trial to NBA League Pass as part of this welcome offer.
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 Promo Code COVERS350: Bet $20, Get $350 in FanCash
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.
Fanatics Sportsbook 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.
- Fanatics Sportsbook's non-withdrawable FanCash bonus expires after seven days.
How to claim the Fanatics Sportsbook 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's 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 Bonus Code: Bet $10, Get $200 in Bonus Bets Win or Lose
The bet365 bonus code offer gives new customers $200 in bonus bets after placing qualifying bets of $10 or more, 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, and is also valid in IL and TN. New users in PA, NJ and MI receive 50 Spins in addition to this welcome offer.
bet365 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 settled as a push and bets deemed no action do not count.
- 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. See the full Terms and Conditions for details.
- Your Bonus Bets will expire seven days after they are added to your Bonus Bets balance.
- Minimum $10 deposit required. Minimum odds of -500 or greater. New customers only. T&Cs, time limits and exclusions apply.
How to claim the bet365 offer:
- Register: Register for an account on the bet365 website or mobile app to ensure your initial bet returns $200 in bonus bets.
- Deposit funds: After registration, choose a deposit method and transfer funds into your new bet365 account balance. A minimum qualifying deposit of $10 is necessary to redeem the bet365 sign-up bonus.
- Make a wager: Once your funds have arrived, choose a sports betting market and place your first bet. Be sure to include one selection with odds of -500 or greater to qualify for the offer.
- Withdraw winnings: After settling your bet, 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.
Wednesday's NBA, World Series and NFL Week 8 schedule gives new users a timely reason to compare these sportsbook promos. Each welcome offer above has its own deposit minimum, qualifying wager and expiration window, so review the terms before you sign up.
Choose the offer that fits your budget, register through the links provided and follow the steps carefully. Always bet responsibly and only wager what you can afford to lose.
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.
