Best Sports Betting Promos & Bonuses for December 2024

Last Verified for December 2024

• 21+ and in a state where BetMGM is licensed
• Minimum deposit of $10 required
• If your first bet is greater than $50, BetMGM will issue five Bonus Bets back in equal denominations worth 20% of the total
• If your first bet is less than $50, BetMGM will issue a single Bonus Bet equaling the total
• Rewards are non-withdrawable Bonus Bets that expire after seven days
• Bonus Bets expire seven (7) days after receipt
• One new customer offers only
• Add’l terms

“Fun and easy to use and understand.”

“Great promotions…”

“One of the better sports betting applications out there.”

• ‘Sports Betting Operator of the Year’ – EGR North America Awards 2024
• ‘Employer of the Year’ – EGR North America Awards 2024

Last Verified for December 2024

• 21+ and in a state where bet365 is licensed
• New players only
• Minimum $10 deposit
• Minimum $5 bet
• Qualifying bets must settle within 30 days
• Qualifying wager must have odds of -500 or longer
• Bonus Bet stake not included in winnings
• Bonus Bets expire seven (7) days after issue

“Great app.”

“I love using bet365.”

“Very simple software that is easy to navigate.”

• SBC Bookmaker of the Year Award – 2021, 2022, 2023

Last Verified for December 2024

• 21+ and physically in a state where Caesars Sportsbook is licensed
• New players only
• Minimum $10 deposit required
• Minimum $5 first bet to qualify
• Bonus Bets expire after 14 days
• Bonus Bet stake is not returned on winning bets

“Very impressed with the sportsbook.”

“Well-organized, fair odds, and great service from the Caesars team.”

“By far the best sportsbook app out there.”

• ‘Marketing Campaign & Sponsorship of the Year’ – SBC North America Awards 2022

Last Verified for December 2024

• 21+ and in a state where FanDuel is licensed
• A minimum $5 deposit is required
• A minimum $5 first real-money wager is required
• Welcome offer applies to first online real-money wager only
• Users will receive Bonus Bets + 3 Free Months of NBA League Pass within 72 hours of the qualifying wager settling
• Bonus Bets are non-withdrawable and expire seven (7) days after receipt
• Bonus Bet stake not returned as part of winnings
• Limit of one bonus per person

“Best in the Biz.”

“Best Sportsbook Online!!!”

“The best of the sports betting apps, the odds are fair, live bets are good and the software holds up…”

• ‘Sportsbook Operator of the Year’ – SBC Awards North America 2023 and 2024
• ‘Online Sportsbook of the Year’ – American Gambling Awards 2022 and 2023

Last Verified for December 2024

• 21+ and in a state where BetRivers is licensed
• New players only
• A minimum $10 deposit is required to qualify
• A minimum $10 wager is required to qualify
• Qualifying bet must have -200 odds or longer
• Bonus Bets expire after 30 days
• Bonus Bet stake not included in winnings

“BetRivers is probably the top 1 or 2…”

“The app itself is great.”

“Out of the other apps I have. BetRivers is the best one.”

• ‘Customer Services Operator of the Year’ – EGR North America Awards 2023

Last Verified for December 2024

• 21+ and in a state where Fanatics is licensed
• New Fanatics players only
• Sportsbook bonus offer applies to the first real-money wager each day for 10 straight days
• Qualifying wager is $1 minimum
• Qualifying wager must feature odds of -500 or longer
• Qualifying wager must settle as a loss to qualify for Bonus Bet
• Bonus Bets equal the value of the losing wager(s)
• Bonus Bets expire after seven (7) days

“Has the potential to be a leading sportsbook app.”

“I like the app, it’s very easy to navigate, easy to place bets, deposit, and withdraw.”

“I love it!”

Last Verified for December 2024

• 21+ and in a state where DraftKings is licensed
• New players only
• A minimum $5 deposit and $5 bet are required to qualify
• Bonus Bet stake not included in winnings
• Must deposit $5,000 to get the maximum 20% deposit bonus of $1,000
• $150 issued as 6 $25 Bonus Bets
• Bonus Bets expire seven (7) days after issue
• Deposit match not available in MA
• In some states, you need to win your first bet to claim the $150

“Good betting app.”

“Been using DraftKings for years and never had an issue.”

“Always a pleasurable experience.”

• ‘Sports Betting Business of the Year’ – Fantasy Sports & Gaming Association 2023

Most of the top sportsbooks offer a sign-up bonus as an incentive to new users. By offering new bettors things like bonus bets (i.e., bet a certain amount, get a certain number of bonus bets in return), users can try out various sports betting apps without making a huge financial commitment. A minimal initial deposit of $5 or $10 is usually required.

As its name suggests, a deposit match gives you a bonus equal to your deposit when you sign up with a sportsbook. With large advertised values, deposit bonuses are among the most eye-catching sportsbook promos. However, they often include playthrough requirements, so it’s important to review the terms and conditions of the promotion.

The first deposit amount determines the value of site credits a bettor will receive. In most cases, you’ll need to wager with the site credits a predetermined number of times before the bonus funds become available for withdrawal.

For example, DraftKings’ deposit bonus has a 25x playthrough requirement. So, you must wager the site credits 25 times before withdrawing them. Redeeming a deposit bonus requires the most planning of the welcome bonuses offered on the sportsbook market. 

• Best For: Experienced bettors, large deposits

No-deposit bonuses are just how they sound. You receive this type of sportsbook bonus BEFORE making an initial deposit. They usually involve small amounts of site credits that customers receive when they successfully register for a new account, with no deposit required. They’re not hard to earn, but they don’t go far.

No-deposit bonuses are early incentives for bettors to sign up for a new sportsbook account. Bettors don’t need to risk anything to receive this reward, so they allow you to try out a platform without financial commitment. So, even though the amounts are often small, they are worth claiming.

• Best For: All types of bettors

Some sportsbooks offer Bonus Bets — in the form of site credits — to new and existing customers. 

With bonus bet offers, customers receive site credits simply for betting or depositing a certain amount. In many instances, sportsbook customers will only receive the bonus bets as a refund if they win or lose a particular bet. It all depends on the promotion and how it works, so review the offer terms and conditions.

• Best For: Novice bettors

With a second chance, a qualifying wager gives users what it claims: a second shot at hitting a winner if their first bet is unsuccessful. If your second shot wins, you’ll get the same amount you wagered returned to your account — usually as a bonus bet.

First Bet Offers work as the name suggests. If your first wager settles as a loss, the first bet offer allows you to get your money back for a second shot at glory (similar to a Second Chance Bet). Remember, this type of bonus only goes into effect if you lose.

Some sportsbooks, like bet365, offer early payouts on certain games and/or wagers. The early payouts are tied to specific scenarios, like having a straight bet paid out if an NBA team notches a 20-point lead.

Another way sportsbooks work to gain new customers is by giving current users the chance to gain a referral bonus if they recommend the app. Often called “Refer a Friend,” a referral bonus gives customers who share a link and get others to join AND those who sign up using the link a reward — such as a bonus bet — to use in return.

A reload bonus is a reward users can receive when they deposit new funds into their account. They can include bonus bets or other perks determined by the sportsbook.

A profit boost token allows you to increase — or boost — the money you can win with a wager. The boost is usually applied to a specific bet, such as a 50% boost on a same-game parlay.

Loyalty and VIP programs are best for bettors who consistently wager large sums of money and/or place many bets.

With loyalty programs, sportsbooks track bettors’ betting activity and reward them based on that activity. For example, BetRivers has a sportsbook rewards program that unlocks new features for high-rollers. It could include new bonuses, expedited withdrawals, and even personal bankroll assistants. However, many of these features are exclusive to the highest tiers of the rewards program, so they take a lot of work to unlock. 

• Best For: High-volume players who place wagers regularly

Sportsbook promos are special bonuses available at sports betting apps and websites. Most online sportsbooks offer a welcome bonus to attract new customers, such as a deposit match bonus or first bet offer. They also provide a range of ongoing sports betting promos to existing customers, including boosts, bonus bets, and free-to-play contests.

Yes, most sportsbook bonuses are worth claiming. Stick to legal, regulated online sportsbooks like BetMGM, FanDuel, Caesars Sportsbook, and DraftKings. They offer large, attractive sports betting promos with simple playthrough requirements. 

The welcome bonus at BetMGM is the best sportsbook promo on the market. You will get up to $1,500 back in bonus bets if your first bet loses, and the promo comes with a simple 1x playthrough requirement. 

Any profits that you earn after claiming sports betting bonuses will be taxable. You will need to pay federal income tax, and you may also need to pay state and local income tax, depending on where you live. However, gambling losses can be deducted from winnings, so you only pay tax if you end the year in profit.

Smart bettors use their bonus bets on markets like the spread, total, and moneyline, which have a lower house edge than props and parlays. Conduct thorough research and use your bonus bets on picks in which you have a high level of conviction.

The bonus code for BetMGM is TODAY. That will earn new customers a first bet offer worth up to $1,500. You need to bet $10 or more on any sports event to qualify, and you will get up to $1,500 back in bonus bets with a 1x rollover requirement if your pick loses.

The Caesars Sportsbook promo code TODAYDYW earns new players a First Bet Offer worth up to $1,000. If your first bet wins, you’ll be paid in cash. However, if it is unsuccessful, you will get the money back as a single bonus bet, with a 1x wagering requirement.

You can use the BetRivers promo code TODAYRIV to claim a Second Chance Bet of up to $500. If your first bet loses, you will be reimbursed with a bonus bet. It has a 1x playthrough requirement, so just place a single wager, and any winnings will be paid in withdrawable cash.

No, you do not need to enter a specific promo code to claim the sign-up bonus at FanDuel Sportsbook. Just click the link on this page to qualify for the best welcome offer automatically. You can leave the “Promo Code” section of the registration form blank, as clicking our link automatically earns you the bonus.