Sportsbook promos are a dime a dozen these days, with every major betting site offering attractive sign-up bonuses to lure new customers. However, not all sportsbook new user promos are created equally.
Our guide aims to rank the top sportsbook promos for new users and provide details on which one is best suited for each type of sports bettor.
Best Sportsbook Promos in November 2025
*21+ only. New customers only. Min. $10 deposit and $5 bet required. Bonus paid as non-withdrawable site credit. The bet365 bonus code ‘SHARP365' can be used during registration, but does not change the offer amount. T&Cs, time limits and exclusions apply. | #Ad
Best New User Sportsbook Promos, Ranked
For this article, we focused on excellent sportsbooks with attractive promos. Here's how we currently rank them:
- Bet365 review
- DraftKings review
- BetMGM review
- FanDuel review
- Caesars review
- Fanatics review
- Hard Rock Bet review
Some people prefer a hefty first-bet safety net offer. Others prefer a standard ‘bet-and-get’ promo. Below, we’ll break down each sportsbook promo individually to help you decide which provides the best value and fits your betting style.
1. Bet365 – Bet $5, Get $200 or $1,000 Safety Net
21+ only. New customers only. Min. $10 deposit and $5 bet required. Bonus paid as non-withdrawable site credit. The Bet365 bonus code ‘SHARP365' can be used during registration, but does not change the offer amount. T&Cs, time limits and exclusions apply. | #Ad
What's great about the Bet365 bonus code is that you can pick between two different betting promos. If you prefer to take your bonus bets up front, you can choose the ‘bet-and-get' offer. If you want to go big on your first wager, you can opt for a $1,000 first bet safety net.
The standard bet $5, get $200 offer is better than most “bet-and-get” sportsbook promos because the bonus bets are guaranteed regardless of whether your first wager wins or loses. This is a huge leg up on the sportsbook bonuses at FanDuel and DraftKings, which require your first bet to win to receive the bonus.
👍 PROS
- Choice of two great welcome offers
- $200 bonus is guaranteed
- Bonus bets can be used in any increment
- Reasonable minimum odds for first bet (-500)
👎 CONS
- Must download the app to qualify for the bonus
- Minimum deposit of $10 is higher than FanDuel & DraftKings ($5)
- Bonus amount is $100 less than FanDuel & DraftKings
Key Terms:
- Can select one welcome bonus
- Available only through the mobile app
- Valid only for your first Bet365 wager
- Bet-and-get minimum odds: -500 or greater
- Minimum deposit: $10
- Bonus bets are valid for 7 days
- Legal States: AZ, CO, IA, IL, IN, KS, KY, LA, MD, NC, NJ, OH, PA, TN, VA
Sharp Football Analysis Verdict: Best for bettors who want flexibility in their welcome bonus. The choice between a guaranteed $200 bonus or a $1,000 safety net makes this ideal for both casual bettors and those looking to make larger initial wagers. Don't forget to enter the bonus code SHARP365 when signing up.
Captured: Nov. 5, 2025
2. DraftKings – Bet $5, Get $300 (if first bet wins)
New customers only. Must be 21+ and physically present in a DraftKings legal state. First bet must be placed within 30 days of registration. Bonus bets expire 7 days after issuance. See DraftKings.com for full terms. Gambling problem? Call 1-800-GAMBLER.
DraftKings also offers a ‘bet-and-get’ sportsbook welcome bonus of $300. New users just need to sign up and deposit/bet $5. However, to receive the DraftKings sportsbook promo, your first qualifying bet must win. No DraftKings promo code is required to unlock the offer.
One downside of the DraftKings sign-up bonus is that bonus bets are awarded as $25 bet credits. This is somewhat rigid in comparison to FanDuel and Bet365, which allow you to break up your bonus bets as you like. On the bright side, new users receive three months of NBA League Pass for free as an additional bonus.
Key Terms:
- Bonus paid in twelve $25 increments
- Minimum deposit: $5
- Minimum bet: $5
- Minimum first bet odds of -500
- Bonus bets are only awarded if first bet wins
- Bonus bets are valid for 7 days
- Legal States: AZ, CO, CT, IL, IN, IA, KS, KY, LA, MD, MA, MI, NH, NJ, NY, OH, OR, PA, TN, VA, WV, WY
👍 PROS
- Straightforward terms and conditions
- Available in 25 states
- Low minimum deposit and bet ($5 each)
- Three months free of NBA League Pass included
👎 CONS
- Bonus bets expire in 7 days
- Bonus bets must be used in $25 increments
- First bet must win to receive the bonus
Sharp Football Analysis Verdict: Best for new bettors who want immediate bonus credits. The instant first $25 bonus credit makes it perfect for those who want to start betting right away with house money.
3. BetMGM – First bet offer up to $1,500
New customers only. Must be 21+ and present in a BetMGM legal state. First bet must be placed within 7 days of registration. If first bet loses, receive bonus bets equal to stake up to $1,500. Bonus bets expire 7 days after receipt. See BetMGM.com for full terms and conditions. Gambling problem? Call 1-800-GAMBLER.
The BetMGM bonus code offer is massive—the most out of any sportsbook signup offer in the US. It allows you to place a very high first wager with much less worry if it loses. Put simply, if your first bet doesn't win, BetMGM will give you back your losing stake in bonus bets (up to $1,500).
If your first bet loses and is over $50, you'll receive five bonus bets back, totaling $50 (20% each). If the losing wager was less than $50, you'll receive a single bonus bet equal to your losing stake.
👍 PROS
- Largest sportsbook bonus available
- First wager can be placed on any game
- First bet is protected 100% (up to $1,500)
- Low minimum deposit of $10
👎 CONS
- Bonus bets expire in 7 days
- First bet must lose to receive bonus bets
- Bonus bets can't be split up (each is valued at 20% of losing stake)
Key Terms:
- Minimum deposit: $10
- Bonus bets are valid for 7 days
- If your initial bet wins, you won’t receive any bonus
- Bonus bets received of $50+ are awarded as five separate bet credits
- If the bonus is under $50, players will receive one bonus bet
- Your bonus bet can only be used on a straight bet or a parlay
- Legal States: AZ, CO, DC, IL, IN, IA, KS, KY, LA, MD, MA, MI, MS, NJ, NY, NV, OH, PA, TN, VA, WV, WY
Sharp Football Analysis Verdict: Perfect for high-stakes bettors who want maximum protection on their first bet. The large safety net amount makes it ideal for experienced bettors looking to make a large first wager.
4. FanDuel – Bet $5, Get $300 (if first bet wins)
New customers only. Must be 21+ and present in a FanDuel legal state. First wager must be $5 or more. If first bet wins, receive $150 in bonus bets. Bonus bets expire 7 days after receipt. See FanDuel.com/sportsbook for full terms and conditions. Gambling problem? Call 1-800-GAMBLER.
The FanDuel promo code offers new players $150 in bonus bets for signing up and wagering $5. Like the DraftKings promo, however, your first bet must win to earn the bonus. The good news is that your first bet can be on any sports market and with any odds. So, make sure you bet on something with very friendly odds to all but guarantee that you receive the bonus.
👍 PROS
- Bonus bets can be used in any increment
- No minimum odds for first bet
- Low minimum deposit ($5)
👎 CONS
- Bonus bets expire in 7 days
- First bet must win
Key Terms:
- Minimum deposit: $5
- No minimum odds
- Bonus bets may be broken up into multiple wagers
- Bonus bets expire after 7 days
- Bonus is only awarded if first bet wins
- Bonus credited within three days
- Legal States: AZ, CO, CT, IL, IN, IA, KS, KY, LA, MD, MA, MI, NJ, NY, OH, PA, TN, VA, WV, WY
Sharp Football Analysis Verdict: Best for strategic bettors who can identify high-probability wins. The bonus structure rewards smart betting and offers excellent value when used correctly.
5. Caesars – Double Winnings on 20 Bets
New customers only. Must be 21+ and present in a Caesars Sportsbook legal state. Choose between 20 100% profit boosts (max $25 each). First bet must be placed within 30 days. Profit boosts expire 14 days after receipt. See Caesars.com for full terms and conditions. Gambling problem? Call 1-800-GAMBLER.
The Caesars Sportsbook bonus gives new players 20 double profit boost tokens when they sign up using the promo code SFA20X. After signing up with the promo code, make a bet selection and apply your 100% profit boost token in the betslip to get double winnings if your wager is successful.
The minimum bet for each double profit boost token is $1, and the maximum is $25. The maximum amount you can win from a double profit boost token is $2,500.
👍 PROS
- High fun factor
- Bonus lasts for a long time
- Low minimum bet ($1)
- Potentially high bonus amount if bets hit
👎 CONS
- Confusing terms and conditions at first
- Profit boosts expire after 14 days
Key Terms:
- Sign up and bet $1
- Bonus paid as 20 double profit boost tokens
- Minimum deposit: $1
- Your first wager must be placed within 30 days of opening your account
- Minimum bet of $1, maximum bet of $25 for each token
- Legal States: AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, NJ, NY, OH, PA, TN, VA, WV
Sharp Football Analysis Verdict: Best for bettors who value long-term rewards. While the welcome bonus is solid, Caesars' industry-leading loyalty program makes it ideal for regular bettors who want to earn rewards on every wager.
6. Fanatics – Get up to $2,000 in No-Sweat Bets
New customers only. Must be 21+ and present in a Fanatics Sportsbook legal state. No-Sweat Bet valid for first 10 days after registration. Maximum $200 bonus bet per day if bet loses. Each day's bet must be placed to qualify for next day's offer. Bonus bets expire 7 days after issuance. Total potential bonus value up to $2,000. See full terms and conditions. Gambling problem? Call 1-800-GAMBLER.
The Fanatics Sportsbook promo code gives new customers a $200 no-sweat bet for 10 days straight. In short, each day after signing up, you will get up to $200 back in FanCash if your bet loses. The total potential bonus value is $2,000 in FanCash.
It's essential to note that you must wager on consecutive days to maintain the Fanatics Sportsbook promo. If you miss a day, the new user promo will end, and you will not receive any more $200 no-sweat bets, no matter which day you are currently on.
👍 PROS
- Bonus applies to first 10 days
- Huge value up to $2,000 in FanCash
- Protect a bet each day up to $200
👎 CONS
- Requires daily betting to maximize the bonus
- Winning bets don't receive any bonus
- Bonus bets expire after 7 days
Key Terms:
- Only eligible for new users
- Users must opt in daily for the promo
- Must bet on the market with odds of -500 or greater
- Get up to $200 for 10 days (maximum value: $2,000)
- FanCash can be used on merchandise or converted to bonus bets
Sharp Football Analysis Verdict: The Fanatics Sportsbook provides an ideal offer for in-season bettors who like to spread out their bonuses over 3-10 days, wagering smaller amounts from $1-$100 per day while still getting good value in their bonus bets.
7. Hard Rock Bet – Bet $5, Get $150 (if first bet wins)
New customers only. Must be 21+ and present in AZ, FL, IL, IN, NJ, OH, TN, or VA. First bet of $5 or more required. $150 in bonus bets credited instantly upon qualifying bet placement. Bonus bets expire 14 days after issuance. Bonus bets are non-withdrawable and must be wagered 1x before withdrawal. See full terms and conditions. Gambling problem? Call 1-800-GAMBLER.
The Hard Rock Bet promo code is similar to other bet-and-get sportsbook offers, providing new customers with $150 in bonus bets after they sign up and place a winning $5 bet. Bonus bets are awarded as six separate $25 bet credits and expire after seven days.
The main downside of the Hard Rock Bet sign-up bonus, though, is that it's only available in eight states: AZ, FL, IL, IN, NJ, OH, TN, and VA.
👍 PROS
- Easy to understand bonus terms
- Only available sportsbook promo in Florida
- Low first bet amount ($5)
👎 CONS
- Low bonus amount
- Sportsbook isn't widely available
- First wager must win
Key Terms:
- First-time users only
- First bet must be $5+
- Bonus bets are awarded if first bet wins
- Bonus bets cannot be used on boosts or round robins
- Bonus bets expire after 7 days
Sharp Football Analysis Verdict: Best for Florida residents and those who prefer a straightforward, no-frills bonus structure. The lower bonus amount makes it ideal for casual bettors starting with smaller stakes.
How to Choose the Best Sportsbook Based on Promotions
1. Your Betting Style
- 💰 High-stakes bettors should prioritize first-bet safety nets
- 👥 Casual bettors may prefer guaranteed bonus bet offers
- 🎲 Regular parlay bettors should look for parlay insurance and boost programs
2. Ongoing Value
- 📊 Evaluate regular promotions for existing customers
- ⭐ Consider loyalty programs and rewards systems
- 📈 Look at typical odds boost values and frequency
3. Rollover Requirements
- 📋 Check wagering requirements for bonus funds
- ⏰ Understand time limitations on bonus bets
- 📝 Review minimum odds requirements
How to Use a Sportsbook Promo Code
Following these steps carefully will ensure you successfully claim your sportsbook bonus. Missing any step could result in not receiving your promotional offer.
1. Registration Process
- 🔗 Click through from a valid promotional link
- 📝 Enter the promo code during registration (if required)
- 🆔 Complete identity verification
- 💰 Make qualifying deposit
2. Important Steps
- ✅ Double-check promo code entry before submitting
- ✅ Verify minimum deposit requirements
- ✅ Review qualifying bet requirements
- ✅ Understand bonus credit distribution timeline
⚠️ Important Note: Most sportsbooks require you to enter the promo code during registration. Attempting to add it after creating your account usually won't work.
Pro Tips:
- 💡 Take a screenshot of your promo code entry for reference
- 💡 Check the terms and conditions for any betting restrictions
- 💡 Note the expiration date of your bonus funds
- 💡 Contact customer support immediately if your bonus isn't credited correctly
Pro Tips: How to Maximize Sportsbook Bonuses
To get the most value from sportsbook promotions, follow these expert strategies for maximizing your bonus potential.
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1. Stack Multiple Welcome Offers
- 📱 Sign up for multiple sportsbooks simultaneously
Take advantage of different welcome bonuses while they're available - ⏰ Track bonus expiration dates carefully
Keep a record of when each bonus needs to be used - 📊 Use a spreadsheet to manage different bonuses
Track your deposits, bonus amounts, and deadlines systematically
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2. Strategic First Bets
- 🛡️ For safety net offers:
Consider higher-odds bets since you're protected against losses - ✅ For guaranteed bonuses:
Choose conservative bets to ensure you maintain your bankroll - 📅 Time sign-ups around major sporting events
Take advantage of additional promotional opportunities
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3. Bonus Bet Strategy
- 💰 Use bonus bets on plus-money odds when possible
This maximizes your potential return on promotional funds - ⚖️ Consider hedging opportunities across different books
Use multiple sportsbooks to guarantee profits when possible - 🎯 Don't force bets just to use expiring bonuses
Wait for good opportunities, but don't let bonuses expire unused
⚠️ Important Note: Always keep a separate record of your regular and bonus bets. This helps you track the real value you're getting from each promotion and guides future betting strategies.
Expert Tip:
Consider creating a dedicated email address for your sportsbook accounts. This will help you keep track of all promotional offers and ensure you don't miss any time-sensitive bonuses or special offers.
Responsible Gambling
Virtually every sportsbook app or website licensed to operate legally in the US includes self-exclusion features so people can limit their accounts and control their gambling if they need to. There are also manual deposit limits; some sites even have activity or usage limits available to preset from the user account menu.
⚠️ Important: If you need help with gambling-related issues, call 1-800-GAMBLER to speak with trained professionals.
Best Sportsbook Promos – Conclusion
The best new user sportsbook promos in the US come from Bet365, DraftKings, and BetMGM. These three sports betting promos offer a combination of guaranteed bonuses, high bonus amounts, fair terms and conditions, and variety. For those living in states with multiple sportsbooks available, we recommend taking advantage of all eight sportsbook bonuses on this list.