Best Sportsbook Promos – Top Promo Codes June 2024

Bolstered by an impressive sign-up bonus, bet365 cements its spot on our list of the best sports betting promos. The UK-based brand continues to make smart choices regarding U.S. sports betting, setting up shop in seven legal states and counting. 

bet365 bonus code ‘COVERS‘ triggers $150 in bonus bets when depositing $10 or more and placing a $5 bet at odds of -500 or greater and settles within seven days. Bettors in Colorado and New Jersey must use the sports betting promo code ‘CVSBONUS‘ during registration. Odds requirements and minimum deposit amount still apply. 

Alternatively, new bet365 users in all eligible states can claim a $1,000 First Bet Safety Net. If a first bet is unsuccessful, bet365 will refund the entire amount, up to $1,000, in bonus funds.

bet365 is legal in: Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, and Virginia

DraftKings Sportsbook

Create your new DraftKings Sportsbook account to earn up to a $1,500 bonus bet — no DraftKings promo code is required. Make a qualifying deposit of $5 and a first bet of at least $1 on any sports market. If you lose, DraftKings will return 100% of your stake up to $1,500 as a bonus bet.

DraftKings Sportsbook is legal in: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, and Wyoming

BetMGM Sportsbook

Another perennial favorite sports betting promo comes from BetMGM Sportsbook, which offers $1,500 in bonus bets to its new users. Simply make a deposit of $10 and a minimum wager to receive up to $1,500 in bonus bets if you are unsuccessful. Use BetMGM bonus code ‘CVRBONUS1500‘ during registration. Caveat: BetMGM does not offer new-user sports betting bonuses to its DC, Mississippi, Nevada, New York, or Puerto Rico customers.

• App Store rating: 4.8 (iOS), 4.2 (Android)
• Best feature: Great range of sports
• Sign-up bonus: $1,500 in bonus bets
• Payout speed: 2 days

BetMGM is legal in: Arizona, Colorado, DC, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, New Jersey, New York, Nevada, North Carolina, Ohio, Pennsylvania, Puerto Rico, Tennessee, Virginia, West Virginia, and Wyoming

Fanatics Sportsbook

Bet $100, Get $100 (10x) + $25 FanCash

Ends: Aug. 29, 2024

Fanatics Sportsbook allows you to claim up to $1,000 in bonus bets. No Fanatics Sportsbook promo code is necessary, but you must make an initial $5 minimum deposit five days prior to claiming the bonus. You must bet at least $5 on any market with odds of -200 or longer to qualify for a daily bonus bet of up to $100 and for 10 consecutive days to earn the full $1,000 in bonus bets. You also get $25 in FanCash upon registering. 

Fanatics is legal in: Arizona, Colorado, Connecticut, Iowa, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming

How do sportsbook promotions work?

Redeeming the best sportsbook sign-up bonuses takes very little time and effort. Get started by signing up for a new account through the links provided here. Then, download one of the best sports betting apps.

Next, enter all pertinent personal details for identity and age verification purposes. Remember to review the sign-up page to confirm where you might have to enter a promo code if applicable.

For identity and age verification to work successfully, uploading a photo of an official ID, like a driver’s license, will be required. Upon account verification, choose from the available sportsbook and withdrawal methods to add funds to the newly created account. We encourage all customers to read through the terms and conditions of the promotion to get the full benefit.

Common mistakes

The best legal sportsbook sign-up bonuses can help you quickly build a sports betting bankroll. We’ve outlined several ways that can help you avoid pitfalls when claiming a sports betting promo or bonus.

First, avoid common mistakes, such as letting your bonus credits expire. If you’re claiming a first insurance bet or a deposit match sportsbook promotion, the credits you receive if your bet loses will likely expire within 14-30 days.

Unfortunately, many bettors tend to glance over important terms and conditions and are often disappointed when bonus funds expire, are non-withdrawable, or cannot be accessed as anticipated.