When it comes to the sports betting landscape, loyalty is compensated. Hence, many of the top online sportsbooks offer rewards programs that make your wagers even more valuable.
The best sportsbook rewards programs have become very lucrative, giving bettors even more incentive to sign up with the likes of leading sports betting apps, including BetMGM, Caesars, and BetRivers. From hotel and entertainment to dining and gaming, you can earn rewards for virtually every dollar you spend.
With several different types of rewards offered, we explain the benefits each sportsbook loyalty program offers so you can decide which program will put you on the fast track to VIP status.
What Are Sportsbook Rewards Programs?
Sports betting rewards and loyalty programs allow you to earn bonuses and promotions based on your level of wagering activity. Bettors can earn points and credits — and climb the ranks into different status tiers — based on the volume of bets they place.
As more loyalty points are earned, you can use the sportsbook rewards to gain everything from bonus bets and concert tickets to sporting experiences and hotel rooms depending on the type of program each sportsbook offers.
Deciding what sportsbook loyalty program is best for you involves a number of factors, including how you want to earn credits and what types of rewards you would like to have access to. For example, some sportsbooks allow you to earn credits for every dollar spent across their products. Others award loyalty benefits for certain amounts wagered, such as one credit for every $10 in bets placed.
Choosing the right loyalty system will allow you to get the most out of your wagering dollars.
Best Sportsbooks Rewards Programs in September 2023
Here, we list the best sportsbook loyalty programs for bettors this month. At top-rated sportsbooks, you can unlock great perks and rewards, sports betting promos, and so much more.
iRush Rewards (BetRivers)
PointsBet Rewards Points
FanDuel Points & VIP Experience
DraftKings Dynasty Rewards
Types of Sportsbook Loyalty Programs
There are different types of sportsbook rewards programs offered, some more straightforward than others. Most of the loyalty rewards fall into one of three categories:
- Points-based rewards systems
- Online-only VIP programs
- Crossover loyalty rewards
Points-based rewards programs are the easiest ones to participate in as you get points based on your level of wagering activity. A good example of this is the Caesars Sportsbook Rewards program which allows you to earn up to 10 Reward Credits for every $100 wagered on straight bets.
An example of an online-only VIP program is BetRivers iRush Rewards. The iRush Rewards allows every real-money wager you make to earn both Loyalty Level Points and Bonus Store Points. Loyalty Level Points are used to increase your Loyalty Level and Bonus Store Points can be redeemed to purchase rewards in the BetRivers Bonus Store.
Crossover loyalty programs offer rewards to bettors who wager both online and through retail-based sites. The BetMGM Rewards program allows you to play online with BetMGM or on-property with MGM Resorts to earn Tier Credits and move up in tiers to unlock new benefits and experiences.
Which Sportsbooks Offer Reward Programs Or Loyalty Programs?
Some of the best legal sportsbooks with loyalty programs include Caesars Sportsbook, BetMGM, BetRivers, and PointsBet. Many of the best US sports betting apps are also the best online sportsbooks for payouts on the market and, not surprisingly, also boast the best rewards programs.
Here we rundown the details of what each sports betting rewards program has to offer.
BetMGM Rewards Program
Whether you wager on sports on the app or in one of over 20 MGM Resort properties nationwide, with BetMGM you are automatically a member of BetMGM Rewards. With BetMGM Rewards, you can earn Tier Credits and move up in tiers to unlock new benefits and experiences at BetMGM.
Tier Credits track your annual progress toward earning Tier Status, which applies to both the MGM Rewards and BetMGM Rewards loyalty programs. Tier Credits can be earned by playing online at BetMGM, or via qualified spending at over 20 stunning MGM Resort properties in Las Vegas and nationwide.
|🏦 Wager Online at BetMGM||🤑 Bonus Points Received|
|$100 in a Straight Bet||At least 20 BetMGM Rewards Points (or even more, with longer odds) and 20 Tier Credits|
|$100 in a Parlay||At least 50 BetMGM Rewards Points (or even more, with longer odds) and 50 Tier Credits
How to Redeem BetMGM Rewards:
The BetMGM Rewards Store is where your points can be redeemed for bonus credits to use for online casino play, poker play or sports wagering at BetMGM or converted into MGM Rewards Points redeemable for complimentary food and beverage, hotel stays and more at over 20 MGM Resort properties in Las Vegas and nationwide.
Caesars Sportsbook Rewards
The Caesars Rewards program lets you earn Reward Credits through both your gaming and your entertainment activities at over 50 destinations nationwide. With Caesars Rewards, you can also earn Reward Credits through Caesars Rewards Partners.
Reward Credits are the comp currency of Caesars Rewards. Reward Credits can be used for Bonus Cash in the Sportsbook app or free play in person. Reward Credits can also be used for hotel stays, dining, and more at all Caesars Rewards destinations and select Caesars Rewards partners.
Tier Credits determine your Tier Status within Caesars Rewards and are different from Reward Credits. The Tier Credits you earn in a calendar year (Jan. 1 through Dec. 31) add up to your annual Tier Score. Tier Credits are earned with play in the Caesars Sportsbook app and most Caesars Sportsbook retail locations.
|🏦 Caesars Rewards Tier Levels||🤑 Tier Credits|
|Gold||0 – 4,999|
|Platinum||5,000 – 14,999|
|Diamond||15,000 – 24,999|
|Diamond Plus||25,000 – 74,999|
|Diamond Elite||75,000 – 149,999|
How to Redeem Caesars Sportsbook Rewards:
As a Caesars Rewards member, you can redeem your Reward Credits in a variety of ways. You can redeem your Reward Credits® in app for Bonus Cash, or you can redeem at our casinos for free play, hotels, shopping, dining, official buy in to World Series of Poker events, show tickets, and spa services. Simply show your Caesars Rewards card in person and let them know you’d like to redeem your Reward Credits.
BetRivers offers iRush Rewards online rewards program. Every real money wager you make will earn both Loyalty Level Points and Bonus Store Points. As you climb the Loyalty Levels additional bonuses will unlock in the Bonus Store and the higher your level the more generous they will be.
All new customers automatically join iRush Rewards upon signing up for accounts and begin earning BetRivers loyalty points for every wager they place.
|🏦 BetRivers Loyalty Points||🤑 Wager Per 1 Point|
How to Redeem BetRivers Rewards:
Loyalty Level Points are used to increase your Loyalty Level and Bonus Store Points can be redeemed to purchase rewards in the BetRivers Bonus Store.
PointsBet clients earn rewards with every wager. The rewards never expire, and they can be converted into Bonus Bets. The more you bet, the more you earn!
|🏦 PointsBet Rewards||🤑 Rewards Points Earned|
|$5 Fixed Odds Bet||1 reward point|
|$1 Parlay / Same Game Parlay bet||1 reward point|
|Every dollar won OR lost via PointsBetting||1 reward point|
How to Redeem PointsBet Rewards:
If using the app, touch the drop-down menu in the upper-right corner to access your account menu. If using the website, click on your email address, also in the upper right. Next, Hit ‘Rewards’ to check on your balance. Lastly, Click on redeem and you’re all set!
FanDuel Sportsbook Rewards
FanDuel Sportsbook does not offer a public rewards program but does have an invitation-only VIP program. FanDuel VIPs enjoy exclusive promotions & bonuses, exciting events and a personal account manager. The VIP treatment is reserved only for FanDuel’s top tier players.
If you have what it takes to be a FanDuel VIP, bettors can visit FanDuel.com/vip and if they you’d be a good candidate for the program FanDuel will be in touch.
DraftKings Rewards Program
DraftKings Dynasty Rewards program is DraftKings’ annual rewards program. Earn Crowns and Tier Credits for every dollar spent across DraftKings’ products. Earn Status to unlock money-can’t-buy Benefits and Rewards. Redeem Crowns for everything from site credits to once-in-a-lifetime experiences.
Tier Credits are earned when you play on DraftKings and are what grants you Tier Status. Tier Credits are earned on an annual basis and are reset on January 1 each year.
All activity that earns Tier Credits also earns Crowns. The Crown earning rate depends on the game played or bet placed, the amount of the wager, and length of play or number of bets placed.
|🏦 DraftKings Sportsbook Rewards||🤑 Tier Credits Earned|
|Straight Bets and Futures||Earn 1 Tier Credit for every $10 wagered|
|Parlays (including Same Game Parlays)||Earn 1 Tier Credit for every $5 wagered|
How to Redeem DraftKings Sportsbook Rewards:
Crowns can be redeemed for DK Dollars, Contest Entries and items on the Dynasty Store. Crowns can be redeemed for DK Dollars at a rate of 550 Crowns for $1 DK Dollar. DK Dollars can be redeemed on DraftKings Sportsbook and DraftKings Casino, and to make purchases in the DraftKings Marketplace.
Benefits of Sportsbook Loyalty Programs
How much you will benefit from the best sports betting loyalty programs depends on how much you wager.
If you are a more casual bettor, it will take longer to see the benefits of a rewards program. For those who wager on sports at a high level, loyalty programs are a great way to get the most bang for your buck and have your wagers become even more lucrative.
Showing loyalty to specific sportsbooks also allows you to potentially earn VIP status and reap additional perks such as customized services and invitations to special events.
How Sportsbook Rewards Programs Differ From Promos
The difference between sportsbook loyalty programs and sports betting promos is that rewards programs are based on your level of wagering activity.
Sports betting sign-up bonuses and ongoing promos are used by many sportsbook operators to incentivize customers to use their wagering platform. Sign-up bonuses are typically awarded after a new user creates an account and makes their first wager. Those bonuses often include such things as bonus bets and deposit bonuses for new users.
With sports betting loyalty programs, your level of benefits rises the more you wager. Those rewards can include Tier Credits that can then be redeemed for either other wagering perks or entertainment-based discounts.
Sportsbook Rewards Programs FAQ
In general, sportsbook loyalty programs work by allowing you to accrue points and/or tier credits that can be redeemed for awards once you reach a certain level. The more you responsibly wager, the higher reward levels you will achieve. Some sportsbooks allow you to earn and reward points whether you play online or in person at a retail site.
BetMGM and Caesars Sportsbook offer two of the most popular loyalty programs for sports bettors. The Caesars Rewards program lets you earn Reward Credits through both your casino gaming and your entertainment activities at over 50 destinations nationwide. With MGM Rewards, the higher your Tier Status, the more exclusive the benefits get.
Some of the rewards you can claim through sportsbook loyalty programs include bonus bets that you can use to place wagers, discounts on dining, retail and hotel partners, and the ability to redeem rewards for sports, concerts, and theater events.
Caesars Sportsbook Reward Credits do not expire as long as one Reward Credit is earned every six months.
No – Tier Credits earned through any Caesars Sportsbook retail location, kiosk or app are added to the same Tier Credit balance in your Caesars Rewards account.