Sportsbook promos are flooding in for Week 5 of the college football season, highlighted by matchups like Alabama at Mississippi State and Ohio State at Iowa on Friday, October 2. New players can download the best betting sites & apps to claim a welcome bonus before kickoff.
Compare the best betting promos and best betting sites below to find the right offer for this week's slate.
Week 5 College Football Sportsbook Promos
Saturday's Week 5 slate includes Alabama at Mississippi State, Ohio State at Iowa, Florida at Missouri and Miami at Clemson, among other ranked matchups across the country. Below are the latest offers from BetMGM, FanDuel, DraftKings, Fanatics Sportsbook and bet365 for new customers heading into this week's college football action.
| Top 5 Sportsbooks | Welcome Offers | Claim Now |
|---|---|---|
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Make a $1.5K First Bet | Claim $1500 with code 'COVERS' |
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Get up to $250 in Bonus Bets | Claim $250 |
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Bet $5, Get $150 in Bonus Bets | Claim $150 |
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$1,000 in FanCash | Claim $1,000 with code 'COVERS' |
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Bet $10, Get $200 Win or Lose | Claim $200 |
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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
New users in most states can use the BetMGM bonus code COVERS to make a $1,500 first bet. If that wager loses, BetMGM returns the stake in bonus bets. Users in Colorado, Michigan, New Jersey, Pennsylvania and West Virginia instead receive $150 in bonus bets after a $10 wager wins.
For the $1,500 offer, a minimum $10 deposit and a real money wager are required to activate the bonus. Wagers of $50 or more return five bonus bets worth 20 percent of the stake each, while smaller wagers return one bonus bet. Bonus bets expire seven days after issuance, and the offer must be claimed by Sept. 1, 2026, at 11:59 PM ET.
For the $150 offer available in CO, MI, NJ, PA and WV, a $10 deposit and $10 wager are required. If the wager wins, three $50 bonus bets are issued, and those bonus bets also expire seven days from issuance.
- Download the BetMGM app and register for a new account with your personal information.
- Enter BetMGM promo code COVERS during sign-up.
- Deposit at least $10 using a preferred banking method.
- Place a qualifying wager of at least $10 on any sport or market.
- Receive bonus bets based on your state and wager outcome, then use them before they expire.
No. 2: FanDuel Sportsbook
Get up to $250 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 five consecutive days to get up to $250 in bonus bets.
FanDuel Promo Code
New customers can claim the latest FanDuel promo code offer for up to $250 in bonus bets. No promo code is required to activate the offer. Wagering $5 or more triggers a $50 bonus bet, and the process can be repeated daily for five consecutive days to maximize the total.
A minimum deposit of $5 is required, and each qualifying wager must also be at least $5 on any betting market. The bet can win or lose and still trigger the daily bonus. Bonus bets are valid for seven days after issuance, and the stake is not returned with any winnings.
- Download the FanDuel Sportsbook app and create a new account.
- Make an initial deposit of at least $5 through the Cashier section.
- Place a wager of at least $5 on any betting market.
- Receive a $50 bonus bet regardless of the outcome and repeat for up to five days.
- Use the bonus bets within seven days, then withdraw any eligible winnings.
No. 3: DraftKings Sportsbook
Bet $5, Get $150
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 Home (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 DraftKings customer. $5+ first-time bet req. Max. $150 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 14 days. Bonus Bets and click-to-claims expire 7 days (168hrs) after issuance. Terms: http://sportsbook.draftkings.com/promos . Ends 10/18/26 at 11:59 PM ET. Sponsored by DK.
DraftKings Promo Code
New users can activate the current DraftKings promo code offer for up to $150 in bonus bets. No promo code is required to qualify. A minimum $5 deposit and a $5 qualifying wager unlock the bonus, regardless of whether the bet wins or loses.
The $150 total arrives in six $25 increments. Two $25 bonus bets are issued after the qualifying wager settles, followed by two more bonus bets every seven days for 14 days. Bonus bets expire seven days after issuance, and the stake is not included in any winnings.
- Sign up for a DraftKings Sportsbook account.
- Make an initial deposit of at least $5.
- Place a qualifying wager of at least $5 on any sports market.
- Receive two $25 bonus bets instantly after the wager settles.
- Claim two additional $25 bonus bets every seven days for 14 days.
No. 4: Fanatics Sportsbook
Up to $1,000 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
New customers can use the Fanatics Sportsbook promo code COVERS to claim up to $1,000 in FanCash across their first 10 days. Each day, a $1 wager on any market with odds of -500 or longer that loses returns the stake in FanCash, up to $100 per day.
A minimum deposit of $10 is required to activate the bonus, and the offer is limited to new users without an existing Fanatics Sportsbook account. FanCash bonuses expire seven days after issuance and are not withdrawable until a 1x playthrough requirement is met.
- Download the Fanatics Sportsbook app and register a new account.
- Enter Fanatics Sportsbook promo code COVERS during sign-up.
- Deposit at least $10 using an available banking method.
- Place a $1 or more wager at odds of -500 or longer.
- Receive FanCash on a loss, up to $100 per day for 10 consecutive days.
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
New customers can claim the current bet365 bonus code offer for up to $200 in bonus bets. No promo code is required. A minimum $10 deposit and a $10 qualifying wager unlock the bonus, whether the wager wins or loses.
Qualifying wagers must settle within 30 days of claiming the promo and must include at least one selection at odds of -500 or greater. Bonus bets are non-withdrawable, exclude the wager stake from any returns and expire seven days after issuance. New users in PA, NJ and MI also receive 50 spins with this offer.
- Register for an account on the bet365 app or website.
- Deposit at least $10 into your new account.
- Place a qualifying wager of at least $10, including one selection at -500 odds or greater.
- Receive up to $200 in bonus bets once the wager settles.
- Use the bonus bets within seven days, then withdraw any eligible winnings.
Several sportsbook promos are available ahead of this week's college football schedule, giving new users multiple ways to get started before Friday, October 2 and the Week 5 slate that follows. Each operator listed above has its own deposit requirements, qualifying wager rules and bonus structure, so reviewing the terms before signing up is recommended. Comparing the best betting sites and best betting promos can help new customers choose the offer that best fits how they plan to bet on this week's college football games.
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