Best New Customer Sportsbook Offers
Explore the leading sportsbook promotions in the US, reviewed by our betting experts.β Discover top sports betting bonuses and exclusive sign-up offers from industry giants like Caesars Sportsbook, FanDuel Sportsbook, bet365, and BetMGM Sportsbook.β
Understanding Sportsbook Promotions
Sportsbook promotions are special incentives offered by online sports betting platforms to attract new users and retain existing ones best new customer sportsbook offers .β These promotions provide various benefits, such as bonus bets, free bets, enhanced odds, and cashback offers.β
New customer offers are specifically designed to entice new users to sign up and make their first deposit. These offers can significantly boost your initial bankroll, giving you more funds to explore the platform and place bets.β Common types of new customer promotions include deposit match bonuses, where the sportsbook matches a percentage of your first deposit with bonus funds, and risk-free bets, which refund your initial wager if it loses, usually in the form of bonus bets.β
Types of Sportsbook Offers
Sportsbooks offer various promotions to attract new customers and incentivize betting activity.β Some common types of sportsbook offers includeβ
- Deposit Match Bonusesβ The sportsbook matches a percentage of your initial deposit with bonus funds, up to a certain amount.β
- Free Betsβ The sportsbook provides you with a set amount of bonus funds to place bets, typically with specific terms and conditions.β
- Risk-Free Betsβ Your first bet is refunded if it loses, usually in bonus bets, allowing you to try your luck again.β
- Odds Boostsβ The sportsbook enhances the odds on selected events, increasing your potential payout if your bet wins.β
- Referral Bonusesβ You receive bonus rewards for referring friends who sign up and deposit on the platform.β
Deposit Match Bonuses
Deposit match bonuses are a popular type of sportsbook offer designed to incentivize new customers.β With a deposit match bonus, the sportsbook will match a percentage of your initial deposit with bonus funds, up to a specified maximum amount.β
For example, a 100% deposit match bonus up to $500 means that if you deposit $500, the sportsbook will credit your account with an additional $500 in bonus funds.β Deposit match bonuses typically come with wagering requirements, which stipulate how much you need to bet before you can withdraw the bonus funds or any winnings derived from them.β
Free Bets
Free bets are a common type of sportsbook offer that provides new customers with a specific amount of bonus funds to place wagers. Unlike deposit match bonuses, free bets don’t require you to make a deposit to receive the bonus funds.
For instance, a sportsbook might offer a $20 free bet upon signing up and placing your first bet. It’s important to note that with free bets, you typically only receive the winnings from the bet, not the original stake amount.β Free bets often come with certain restrictions, such as minimum odds requirements or limitations on the types of bets you can place.β
Risk-Free Bets
Risk-free bets are a popular promotional offer by sportsbooks that provide a safety net for your initial wager.β With a risk-free bet, if your first bet loses, the sportsbook will refund your stake, up to a certain amount, typically in bonus bets.β
For example, if a sportsbook offers a $1,000 risk-free bet and your first bet of $500 loses, you will receive a $500 bonus bet credit.β Risk-free bets allow you to explore the platform and place your first bet with the assurance that you won’t lose your initial investment.
Odds Boosts
Odds boosts are promotional offers where sportsbooks enhance the odds on specific events or betting markets. This means that if you place a winning bet on an odds-boosted selection, you will receive a higher payout than you would with the standard odds.β
For example, a sportsbook might offer an odds boost on a particular team to win a game, increasing the odds from +150 to +200; Odds boosts can be a great way to enhance your potential winnings, but it’s essential to carefully review the terms and conditions as there may be restrictions on bet types or maximum wager amounts.
Referral Bonuses
Referral bonuses are a type of promotion offered by sportsbooks that reward you for referring new customers to their platform. Typically, you’ll receive a unique referral link or code to share with friends and family.β
When someone signs up using your referral link and meets the specified criteria, such as making a deposit or placing a certain number of bets, both you and the referred user will receive a bonus.β Referral bonuses can be a great way to earn extra rewards while introducing your friends to a sportsbook you enjoy.β
Top Sportsbooks with New Customer Offers
The US sports betting market is competitive, with numerous sportsbooks vying for new customers.β Some of the top sportsbooks known for their attractive new customer offers includeβ
- Caesars Sportsbook
- FanDuel Sportsbook
- BetMGM Sportsbook
- DraftKings Sportsbook
- Bet365
These sportsbooks consistently offer generous promotions, including competitive deposit match bonuses, risk-free bets, and ongoing promotions for existing customers.β
Caesars Sportsbook
Caesars Sportsbook is a renowned name in the gambling industry, and its online sportsbook offers a generous welcome bonus for new customers.β Caesars typically provides a first bet insurance promotion, where if your initial wager loses, you’ll receive a refund in bonus bets, up to a certain amount.
They are known for their competitive odds and wide range of betting markets, making them a popular choice among sports bettors. Caesars Sportsbook also frequently runs ongoing promotions and offers a rewarding loyalty program.β
FanDuel Sportsbook
FanDuel Sportsbook is another popular choice among sports bettors in the US, known for its user-friendly interface and attractive promotions.β They often offer a combination of a deposit bonus and bonus bets as part of their new customer welcome package.β
FanDuel is known for its innovative betting features, such as same-game parlays and live betting options.β They also provide a wide range of sports and betting markets, catering to both casual and experienced bettors.β
BetMGM Sportsbook
BetMGM Sportsbook has quickly become a prominent player in the online sports betting industry, offering a competitive welcome bonus for new users. Their new customer offer often includes a risk-free bet, providing a safety net for your initial wager.β
BetMGM boasts a wide selection of sports and betting options, along with competitive odds and ongoing promotions for existing customers.β They also have a user-friendly mobile app, making it convenient to place bets on the go.β
DraftKings Sportsbook
DraftKings Sportsbook is a popular choice for sports bettors, known for its innovative platform and generous promotions.β They frequently offer a combination of bonus bets and deposit bonuses as part of their new customer welcome package.
DraftKings is well-regarded for its user-friendly interface, live betting options, and wide variety of sports and betting markets.β They also have a strong presence in daily fantasy sports, providing a seamless experience for those who enjoy both forms of betting.
Bet365
Bet365 is a global online gambling giant with a strong presence in the US sports betting market.β They are known for their comprehensive sports coverage, competitive odds, and wide range of betting options, including in-play betting.
Bet365 typically offers new customers a generous welcome bonus, which may include a deposit match or bonus bets.β They also provide a variety of ongoing promotions and special offers for existing users, making them a solid choice for sports bettors.β
Factors to Consider When Choosing an Offer
When comparing new customer sportsbook offers, consider the following factors to make an informed decisionβ
- Bonus Amountβ Compare the total value of the bonus offered by different sportsbooks.β
- Wagering Requirementsβ Check the playthrough requirements associated with the bonus, as they determine how much you need to bet before withdrawing bonus funds.β
- Time Limitsβ Pay attention to the time frame for meeting wagering requirements and any expiration dates for the bonus offer.
- Eligible Marketsβ Ensure the bonus can be used on the sports or events you’re interested in betting on.β
Rollover Requirements
Rollover requirements, also known as playthrough or wagering requirements, are crucial factors to consider when evaluating sportsbook offers.β These requirements stipulate how much you need to wager before you can withdraw any bonus funds or winnings earned from them.β
For example, a 5x rollover requirement on a $100 bonus means you must wager a total of $500 (5 x $100) before withdrawing the bonus or any associated winnings.β It’s essential to carefully review the rollover requirements, as they can vary significantly between sportsbooks and promotions.β
Time Limits
Time limits are an important aspect to consider when assessing new customer sportsbook offers.β Most promotional offers come with an expiration date, meaning you have a limited time to claim and fulfill the bonus requirements.
Additionally, some bonuses may have specific timeframes for meeting the rollover requirements.β For example, you might have 30 days to meet a 10x rollover requirement.β Pay close attention to any time restrictions to ensure you can meet the requirements and take full advantage of the offer.β
Eligible Markets
When exploring new customer sportsbook offers, carefully check the terms and conditions to determine the eligible markets.β Some promotions may restrict the bonus funds to specific sports, leagues, or bet types.β
For instance, a sportsbook might offer a bonus that is only applicable for NFL bets or for wagers placed on specific events. Ensure the offer aligns with your betting interests and that you can utilize the bonus on the markets you plan to wager on.β
Minimum Odds
Many sportsbook offers, particularly those with rollover requirements, will include minimum odds restrictions.β This means that bets placed at odds lower than the specified minimum won’t count towards meeting the wagering requirements.β
For example, a sportsbook might require you to place bets at odds of -200 or greater for the wagers to qualify for the bonus.β It’s essential to be aware of any minimum odds stipulations, as placing bets below the threshold could delay your ability to withdraw bonus funds or winnings.β
Claiming Your Sportsbook Offer
Claiming a new customer sportsbook offer is typically a straightforward process. Most sportsbooks require you to create an account and opt into the promotion during the registration process or on the promotions page.β
Some offers may require you to enter a specific promo code, while others may automatically apply the bonus to your account upon meeting the qualifying criteria, such as making a deposit or placing your first bet.β
Tips for Maximizing Your Bonus
To make the most of new customer sportsbook offers, consider these tipsβ
- Read the Terms and Conditionsβ Fully understand the bonus terms, including wagering requirements, time limits, and eligible markets.β
- Shop Around for the Best Offersβ Compare promotions from different sportsbooks to find the most favorable terms and bonuses.β
- Manage Your Bankroll Wiselyβ Set a budget and avoid chasing losses, even with bonus funds.β
Responsible Gambling Practices
While sports betting can be entertaining, it’s crucial to gamble responsibly.β
- Set Limitsβ Establish a budget and time constraints for your betting activities.
- Don’t Chase Lossesβ Avoid increasing your wagers to recoup losses, as this can lead to further problems.
- Seek Help When Neededβ If you or someone you know struggles with problem gambling, reach out to a reputable organization for assistance.β
Remember, sports betting should be enjoyable and never come at the expense of your financial well-being or mental health.β