Best Sportsbook Rewards Programs in 2024

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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 April 2024

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.

BetMGM Rewards

Get up to $1,500 in Bonus Bets at BetMGM Sportsbook
1
up to $1,500
In Bonus Bets
Up to $1,500 in Bonus Bets if Your First Bet Doesn't Win*
*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms
21+. Gambling Problem? Call 1-800-GAMBLER
Use Bonus Code: TODAY

Caesars Rewards

Get up to $1,000 at Caesars Sportsbook
1
$1,000 FIRST BET
On Caesars
Up to $1,000 Back as a Bonus Bet if Your Bet Loses
Stream NFL Games In-App for Free
21+ Gambling problem? Call 1-800-GAMBLER
Use Promo Code: TODAY1000

iRush Rewards (BetRivers)

Get Up to $500 Bonus at BetRivers Sportsbook!
1
$500 Bonus
2nd Chance Bet
Up To $500 in Bet Credits
ONLY 1x Play Through!
Use Affiliate Code: TODAYRIV

FanDuel Points & VIP Experience

New Players get up to $150 in Bonus Bets at FanDuel Sportsbook
1
Bet $5
Get $150
Win or Lose
Bet $5 Get $150 in Bonus Bets Win or Lose
Available on Desktop, Android & iOS
To Claim: Click Play Now

DraftKings Dynasty Rewards

Claim Your $1,250 Bonus at DraftKings Sportsbook
1
UP TO $1,250 BONUS
New User Bonus. T&Cs Apply
Bet $5 Get $200 in Bonus Bets
PLUS up to $1,000 Deposit Bonus 
PLUS $50 Bonus Bet on Deposit
PLUS No Sweat NBA SGP Every Day of Playoffs 
Gambling Problem? Call 1-800-GAMBLER 

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 break down the details of what each sports betting rewards program has to offer.

BetMGM Rewards Program

Being part of the BetMGM Rewards program couldn’t be easier. Regardless if you are wagering on sports through the BetMGM app or participating in person at one of 20 MGM Resort properties across the nation, you are automatically enrolled as a member of the sportsbook’s rewards program. BetMGM Rewards operate by offering Tier Credits, which then allow you to advance to higher tiers and unlock fresh benefits or experiences.

The more you wager online or in person, the more Tier Credits are earned and the faster you can reach the Tier Status level annually. Once you reach a new Tier Status, that benefit can be applied to both the MGM Rewards and BetMGM Rewards loyalty programs.

🏦 Wager Online at BetMGM🤑 Bonus Points Received
$100 in a Straight BetAt 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:

You can redeem your points for bonus credits at the BetMGM Rewards Store. Those credits can be used for either online casino play, poker, or sports wagering at BetMGM, or they can be converted into MGM Rewards Points, which can be used for complimentary food and beverage or hotel stays at MGM Resort properties.

Caesars Sportsbook Rewards

The Caesars Rewards® program allows you to earn Reward Credits at over 50 destinations nationwide through both gaming and entertainment activities. Among the many benefits of the Cesars Rewards® program is you can also earn Reward Credits through Caesars Rewards® Partners.

Reward Credits can be used as comp currency with Caesars Rewards® for things like Bonus Cash in the Caesars app or to play for free in person. The benefits of Caesars’ Reward Credits extend beyond the gambling floor as well, and they can be redeemed for entertainment options like hotel stays and dining at all Caesars Rewards destinations and various partners.

Different than Reward Credits, Tier Credits determine your Tier Status within the program. The number of Tier Credits you earn in a calendar year (Jan. 1 through Dec. 31) will add up to determine your yearly Tier Score.

You can earn Tier Credits through wagers in the Caesars Sportsbook app and bets at most Caesars Sportsbook retail locations.

🏦 Caesars Rewards Tier Levels🤑 Tier Credits
Gold0 – 4,999
Platinum5,000 – 14,999
Diamond15,000 – 24,999
Diamond Plus25,000 – 74,999
Diamond Elite75,000 – 149,999
Seven Stars®150,000+

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 the app for Bonus Cash, or you can redeem them at our casinos for free play, hotels, shopping, and dining experiences. You can also buy into the World Series of Poker events, or claim show tickets, and redeem spa services.

Show your Caesars Rewards® card in person and let them know you’d like to redeem your Reward Credits.

BetRivers Rewards

BetRivers offers an iRush Rewards online rewards program, allowing you to earn both Loyalty Level Points and Bonus Store Points with every real money wager you make. The program allows users to advance to different Loyalty Levels, earning additional bonuses for use in the Bonus Store. The higher the level that is reached, the more lavish the bonuses become.

All new customers will automatically be enrolled in the iRush Rewards program after signing up for an account. They’ll begin earning loyalty points for every subsequent bet placed.

🏦 BetRivers Loyalty Points🤑 Wager Per 1 Point
Straight Bet$6.00
2-Leg Parlay$3.00
3-Leg Parlay$2.00
4-Leg Parlay$1.50
5-Leg Parlay$1.25

How to Redeem BetRivers Rewards:

Loyalty Level Points are used to bolster your Loyalty Level, and Bonus Store Points can be redeemed to purchase rewards in the BetRivers Bonus Store.

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 that allows users to earn Crowns and Tier Credits for every dollar spent across all DK products. With greater status comes the ability to unlock additional benefits and rewards, from site credits to various entertainment experiences.

Tier Status is gained by earning Tier Credits from playing on DraftKings. Be sure not to let your Tier Credits expire, however, as they are earned annually and reset on Jan. 1 of each year.

Earning Tier Credits is what earns the DK Crowns. The rate at which Crowns are earned depends upon the game played or bet placed, the wager amount, the length of play, and/or the number of bets placed.

🏦 DraftKings Sportsbook Rewards🤑 Tier Credits Earned
Straight Bets and FuturesEarn 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:

You can redeem Crowns for rewards such as DK Dollars, Contest Entries, and items on the Dynasty Store. Crowns can be redeemed for DK Dollars in various amounts. For instance, a total of 550 Crowns has a conversion rate of $1 DK Dollar. There is versatility in using DK Dollars as well since they can be redeemed at both the DraftKings Sportsbook and DraftKings Casino and be utilized for 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

What are sports betting loyalty programs?

Sportsbook loyalty programs allow you to maximize your bets and earn various rewards based on your level of wagering. Some of the rewards from sportsbooks like BetMGM, Caesars, DraftKings, and BetRivers include bonus cash, hotel discounts, shopping, dining, and event tickets.

How do sportsbook rewards programs work?

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.

What sportsbook has the best rewards benefits?

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.

What rewards are offered through sportsbook loyalty programs?

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. 

Do Caesars Reward Credits expire?

Caesars Sportsbook Reward Credits do not expire as long as one Reward Credit is earned every six months.

Is there a difference between Tier Credits earned through Caesars Sportsbook and elsewhere?

No, Tier Credits earned through the Caesars Sportsbook app or any retail location are added to the same balance in your Caesars Rewards account.

How do I get DraftKings VIP status?

The DraftKings VIP program is by invitation only. The more you elevate your Tier status, the better chance you have of becoming a DraftKings VIP. As a VIP you’ll enjoy exclusive benefits and enhanced promotional offers, top-tier customer support, and access to personalized contests and more.

About the Author
Alicia Hughes

Alicia Hughes

Senior Writer
Alicia Hughes is a senior writer and award-winning horse racing journalist at Gaming Today. She previously served as a digital content editor for TVG and racing editor for The Blood-Horse following 12 years at the Lexington Herald-Leader. A graduate of Pace University in New York and a diehard New Jersey Devils fan, Hughes is a past president of the National Turf Writers and Broadcasters Association.

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