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FanDuel Sportsbook: Bet $5, Get $200 if Your Bet Wins

Discover the Best Sports Betting Bonus Today!

Are you ready to take your sports betting to the next level and boost your winnings? You’re in the right place! This guide will show you the top sports betting bonuses and special deals that can change the game. You’ll learn about free bets, deposit matches, risk-free bets, and reload bonuses.

Whether you’re an experienced bettor or just starting, sports gambling is more thrilling than ever. With many online sportsbooks competing for your attention, there are more chances than ever to find great bonuses and promotions. But with so many choices, it can be hard to know which ones are the best.

This article will walk you through the best sportsbook bonuses. You’ll learn about their main features, terms, and conditions. I’ll cover everything from top welcome offers to cool in-app features. By the end, you’ll be ready to make smart choices and boost your sports betting wins.

Key Takeaways:

  • Discover the best sports betting bonuses and promotions available today
  • Understand the key terms and conditions associated with sportsbook offers
  • Learn how to identify top-tier welcome bonuses and exclusive promotions
  • Explore the app features and customer service options that can enhance your betting experience
  • Gain insights into the legal landscape and state availability for online sports betting

FanDuel Sportsbook: Bet $5, Get $200 if Your Bet Wins

The FanDuel Sportsbook welcome offer is a top deal for new users. Just bet $5 and you could get $200 in bonus bets if your bet wins. There are no strings attached, giving you freedom to use the bonus as you like.

Covers Verdict

This welcome bonus suits everyone, from pros to beginners. Make sure your first $5 bet wins to get the $200 bonus. It’s important to do your homework and bet wisely.

Who It’s For

To get the bonus, download the FanDuel Sportsbook app, deposit at least $5, and bet $5. If you win, you’ll get $200 in bonus bets in 72 hours. These bonuses last for 7 days after you get them.

Bonus Terms and Conditions

  • Promotion end date: February 11, 2024, at 11:59 PM ET
  • Users must be at least 21 years old to participate
  • The promotion is available in specific states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana (excluding certain perishes), Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, Vermont, West Virginia, or Wyoming
  • Minimum deposit required to qualify for the bonus: $10
  • Minimum wager amount required for the promotion: $5
  • Bonus bets awarded are nonwithdrawable site credits that expire after 7 days
  • Bonus bets are credited within 72 hours of a winning settlement
  • Promo offer does not require a promo code

FanDuel gives a Bet $5, Get $200 deal to new players. After winning, you get $200 in bonuses after a $5+ bet. To get this, new players must deposit at least $10 and bet $5 first.

Bonus Offer Minimum Deposit Minimum Bet Bonus Bets Awarded Bonus Validity
Bet $5, Get $200 $10 $5 $200 7 days

Caesars Sportsbook: $1,000 First Bet on Caesars

Caesars Sportsbook gives new users a $1,000 safety net on their first bet. If your first bet loses, Caesars will give you the full refund as a bonus bet. This lets you try again without any risk.

Covers Verdict

Caesars’ $1,000 first bet bonus is great for high rollers who deposit at least $1,000. But, you can also get in with a $10 deposit. This makes the offer open to all bettors, not just those with big bankrolls. You have 14 days to use the bonus.

Who It’s For

The Caesars Sportsbook welcome bonus suits both new and experienced bettors. High rollers get the full $1,000, while those with less money can still get in with a $10 deposit. This makes it a great deal for many sports betting fans.

Bonus Terms and Conditions

To get the Caesars Sportsbook welcome bonus, use the promo code ‘COVERSBONUS1000’ and deposit at least $10. You must place your qualifying bet within 30 days of opening your account. If your bet loses, Caesars will give you a $1,000 bonus bet in 72 hours. Remember, the bonus has to be used within 14 days.

Bonus Details Information
Bonus Type First Bet Match up to $1,000
Minimum Deposit $10
Promo Code COVERSBONUS1000
Qualifying Wager First cash wager placed within 30 days of account creation
Bonus Bet Validity 14 days
Eligible States AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NJ, NY, OH, PA, TN, VA, WV, WY

bet365 Sportsbook: Dual Welcome Offers

I always look for the best welcome offers to increase my winnings. bet365 caught my eye with two great options: ‘Bet $5, Get $150 in Bonus Bets’ or ‘$1,000 First Bet Safety Net.’

The ‘Bet $5, Get $150 in Bonus Bets’ offer stands out to me. It gives me a guaranteed $150 bonus to start with bet365. These bonus bets are good for seven days, giving me plenty of time to use them.

The ‘$1,000 First Bet Safety Net’ offer is also interesting. It lets me bet up to $1,000 on my first bet. If I lose, I get a full refund in bonus bets. But, I like the guaranteed $150 bonus better because it doesn’t risk my initial bet.

Choosing either offer shows bet365 Sportsbook’s commitment to new customers. I’m excited to use these promotions to possibly increase my winnings right from the start.

Understanding Sportsbook Promotions

Exploring sports betting can be thrilling, but knowing about sportsbook promotions is key. These promotions include ‘bet and get’ offers, deposit matches, and first bet bonuses. It’s vital to learn about bonus bets, wagering requirements, and qualifying wagers to make the most of these deals.

Sportsbook Promo Terms

Sportsbook promotions aim to draw in and keep customers. They come with certain terms and conditions you should know. These include:

  • Bonus Bets: Some sportsbooks offer bonus bets. These are credits for placing bets but can’t be taken out as cash.
  • Wagering Requirements: Many promotions have wagering requirements. These are the bets you must place before you can take out any winnings from the bonus.
  • Qualifying Wagers: Some promotions only count certain bets towards meeting wagering requirements. For example, bets with odds above a certain level might not count.

Always read the terms and conditions of any sportsbook promotion before taking it. This way, you’ll know the requirements and can get the most out of the offer.

Promotion Type Description Key Terms
No Sweat Bet Sportsbook refunds the initial stake as site credit or bonus bets if the first bet loses. Restricted wager options, withdrawal limitations
Complimentary Bet Sportsbook provides a separate offer that can match the player’s first wager, offering both winnings and a generous credit. Playthrough requirements, odds restrictions
Deposit Match Sportsbook awards players with bonus funds in the form of site credit, often requiring a specific wagering requirement to be met within a timeframe. Rollover, timeframe, withdrawal limitations
No Deposit Sportsbook credits players with smaller amounts, typically ranging from $5 to $25, with no rollover requirement. Usage timeframe, market restrictions

Knowing these key terms helps you make better choices and get the most from sportsbook promotions. This way, you can enjoy a more rewarding sports betting experience.

Evaluating Sportsbook Bonuses

When looking at sportsbook bonuses, it’s key to check a few important things. You should look at the total bonus value, the minimum deposit and wager needed, any odds restrictions, and when the offer expires. The best bonuses offer a lot of value with easy-to-understand terms.

Let’s dive into some top sportsbook bonuses:

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  • FanDuel Sportsbook Bonus: Bet $5, Get $200 in Bonus Bets. This deal needs a $10 deposit and a $5 bet to qualify.
  • Caesars Sportsbook Bonus: $1,000 First Bet on Caesars. New players get up to $1,000 in bonus bets if their first bet loses. This is for bets on moneyline and parlay.
  • bet365 Sportsbook Bonus: Dual Welcome Offers, including $150 in Bonus Bets or a Safety Net of up to $1,000. You must place a bet at odds of -500 or higher to qualify.

When looking at these bonuses, think about the total value, how easy it is to meet the requirements, and any limits on using the bonus. The best bonuses are high-value and easy to understand.

“The key to finding the best sports betting bonus is to look for high-value offers with simple, easy-to-understand terms and conditions.”

By thinking about these factors, you can pick the sportsbook bonus that fits you best. This way, you can increase your chances of winning at sports betting.

Navigating Sportsbook Bonus Terms and Conditions

When you want to use sports betting bonuses, it’s key to know the terms and conditions. Look at the eligibility, wagering rules, and how long the bonus lasts. Also, check any limits on what bets you can make. This will help you use the bonuses well.

What to Look For

Here are some important factors to consider when navigating sportsbook bonus terms and conditions:

  • Eligibility Requirements: Make sure you qualify for the bonus. This might mean you’re a new customer, making a minimum deposit, or using a specific promo code.
  • Wagering Requirements: Know how many times you must bet the bonus before taking out winnings.
  • Bonus Funds Validity: Remember when the bonus credits expire. They usually last from 14 to 30 days.
  • Bet Type Restrictions: Check what bets you can make with the bonus funds. Some bets might be excluded or have minimum odds.

By looking at these details, you can use sportsbook bonuses better. This way, you’ll get the most from these offers.

Sportsbook Bonus Offer Key Terms
BetMGM 20% Deposit Match up to $1,600 Minimum deposit of $10, 1x wagering requirement, 30-day expiration
DraftKings Bet $5, Get $150 in Bonus Bets Minimum $5 bet, no wagering requirement, 14-day expiration
FanDuel Bet $5, Get $200 if Bet Wins Minimum $5 bet, no wagering requirement, 14-day expiration
Caesars $1,000 First Bet on Caesars Minimum $10 bet, 1x wagering requirement, 14-day expiration

best sports betting bonus

The sports betting world is always changing, bringing new bonuses and promotions for new customers. You can find free bets, risk-free wagers, deposit matches, and more. When looking for the best bonus, think about the value, terms, and what you like to bet on and how much you bet.

In July 2024, top sportsbooks like FanDuel, DraftKings, bet365, Caesars, BetMGM, ESPN BET, Fanatics, Betway, and BetRivers showed off their best promos. They offered a $1.5K refund on your first bet from BetMGM, a $1K refund from Caesars, and a $200 match for five days from Fanatics. There was also a $1K refund or $150 in bonus bets from bet365.

Other great deals included:

  • DraftKings offered either $150 or $300 in bonus bets
  • FanDuel gave $200 in bonus bets
  • Betway had a $250 refund or $150 in bonus bets
  • BetRivers offered up to $500 refund on your first bet
  • Sporttrade gave up to $300 cash back

These bonuses were for different places in the USA, with different refund amounts and types of bonuses. Borgata offered $100 in bonus bets, and Crab Sports gave a $500 first bet insurance.

Sportsbooks also focus on responsible gambling with deposit limits, self-exclusion, and tools for user well-being. They use affiliate links too, earning money when players deposit through certain links.

As sports betting changes, it’s key to keep up with the latest bonuses to get the most out of your betting. By researching and comparing the best sportsbook offers, you can find the perfect bonus for your betting style and budget.

Top Sportsbooks for Bonuses in 2024

Looking ahead to 2024, sportsbooks like FanDuel, Caesars, bet365, Fanatics, and DraftKings are offering great bonuses. They have valuable and easy-to-use bonuses for new and current customers. I’ll show you the best parts of each bonus to help you choose where to bet.

FanDuel Sportsbook

FanDuel gives new users a big welcome with a “Bet $5, Get $200” offer if their first bet wins. This is a great way for new bettors to start with more money. FanDuel also has daily odds boosts, profit boosts, and seasonal promotions for regular customers.

Caesars Sportsbook

Caesars Sportsbook offers a “First Bet on Caesars” deal, covering up to $1,000 in bonus bets if the first bet loses. This lets bettors try out Caesars’ wide range of sports betting with less risk. Caesars also has special offers like boosted odds and loyalty rewards for its customers.

bet365 Sportsbook

bet365 Sportsbook gives new customers a choice between a $1,000 safety net or a $150 bonus for just $5. This lets bettors pick what’s best for them. bet365 is also great for live betting, in-play offers, and has a user-friendly app.

Fanatics Sportsbook

Fanatics Sportsbook is new but making a splash with its bonuses. New users can get up to $1,000 in bonus credits. Fanatics also has ongoing promotions like boosted odds and special fan offers.

DraftKings Sportsbook

DraftKings Sportsbook is a leader in sports betting bonuses. New customers can get up to $1,200 in bonuses, including a $50 bonus bet and a 20% deposit match. DraftKings also has profit boosts, free bets, and special offers for big events.

When you’re betting on sports in 2024, remember these top sportsbooks and their great bonuses. Using the welcome and ongoing promotions can make your betting experience better and increase your winnings.

Sportsbook Rankings and Methodology

To find the best sportsbooks for bonuses and user experience, I looked at many options. I checked their apps, how many states they’re in, their welcome offers, rewards, streaming, promotions, and customer service.

Ranking Criteria

I used these factors to see which sportsbooks offer the best experience. Here’s what I looked at:

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  • App Reviews: I checked user ratings on iOS and Android to see how good the sportsbook’s app is.
  • State Availability: I saw how many states the sportsbook is in. This shows how easy it is for more people to use it.
  • Welcome Offer: I looked at the size and how easy it is to get the first bonus. This helps bettors feel welcome right away.
  • Rewards Programs: I checked the rewards and loyalty programs. These can make the experience better for regular bettors.
  • Streaming Capabilities: I found out if they offer live streaming and how good it is. This makes watching games more fun.
  • Existing User Promotions: I looked at the promotions and bonuses for people who already use the site. These can keep customers coming back.
  • Customer Service: I checked how easy it is to get help and how well the support works. Good support makes a big difference.

By looking at these factors, I found sportsbooks that give the best experience. They offer great bonuses and features that add value.

App Reviews and User Ratings

Most people bet on sports using their mobile apps today. I looked at reviews on the iOS App Store and Google Play Store. I found the sportsbooks with the best apps for users.

Sportsbook iOS Rating Android Rating Download Size States Active
FanDuel Sportsbook 4.7/5.0 ⭐ (41K reviews) 4.7/5.0 ⭐ (267K reviews) 142.4 MB 22 (+ DC)
Caesars Sportsbook 4.6/5.0 ⭐ (55K reviews) 4.2/5.0 ⭐ (23K reviews) 226.7 MB 22 (+ DC)
bet365 Sportsbook 4.7/5.0 ⭐ (81K reviews) 4.5/5.0 ⭐ (82K reviews) 45.3 MB 10
DraftKings Sportsbook 4.7/5.0 ⭐ (5K reviews) 4.6/5.0 ⭐ (129K reviews) 466.3 MB 25
BetMGM Sportsbook 4.8/5.0 ⭐ (186K reviews) 4.1/5.0 ⭐ (25K reviews) 114.3 MB 22 (+ DC & Puerto Rico)

These sports betting apps work in many states, from 10 to 25 plus the District of Columbia. Most have ratings over 4.5/5.0 ⭐, showing users are happy. FanDuel, Caesars, DraftKings, and bet365 are active in many states and get high ratings on both iOS and Android.

For mobile sports betting, having a convenient and easy-to-use app is key. By looking at reviews and ratings, I found the best sports betting apps available today.

State Availability and Legal Landscape

Sports betting is growing in the United States. It’s key to know the legal status in each state and which sportsbooks are live. This section will give you an overview of the changing sports betting scene across the country.

Now, 38 states and territories in the United States offer legal sports betting as of March 2024. But, some states are still working on laws or have seen their efforts fail, leaving them without legal sports betting.

Alabama doesn’t have online or retail sports betting yet. Bills to legalize it have not passed in 2024. California also doesn’t allow sports betting, after voters rejected legalization in November 2022.

Georgia, Missouri, and Minnesota are still figuring out sports betting laws. Their bills are facing hurdles or haven’t moved forward. So, they won’t have legal sports betting anytime soon.

But, some states have made sports betting legal and it’s doing well. Arizona has 16 sportsbooks, and Colorado has 20 online ones. Connecticut has three online sportsbooks, and Washington, D.C. has three betting sites, with FanDuel being the only option for the whole district.

State Legal Sports Betting Status Number of Sportsbooks
Arizona Legal 16 active sportsbooks
Colorado Legal 20 online sportsbooks
Connecticut Legal 3 online sportsbooks
Washington, D.C. Legal 3 betting sites, with FanDuel as the only district-wide option

The sports betting scene is always changing. It’s important to keep up with the latest in each state. Knowing the legal status and sportsbook options helps bettors make smart choices. They can then enjoy the best bonuses and promotions in legal markets.

Welcome Offer Value and Ease of Claiming

The top sportsbook bonuses offer great value with big bonus amounts and easy-to-meet requirements. I’ll explain the best welcome offers and how bettors can claim them easily.

At FanDuel Sportsbook, new users get a chance to earn $200 in bonus bets with just a $5 bet. This offer is low-risk and can be rewarding. The bonus is added within 72 hours, win or lose.

Caesars Sportsbook gives new users a safety net with their “$1,000 First Bet on Caesars” offer. If the first bet loses, Caesars will give up to $1,000 in bonus bets within 48 hours. You need to deposit at least $10 and place your first bet within 30 days of signing up.

BetMGM Sportsbook also has a great offer. New users get $200 in bonus bets after a $10 first bet. If your first bet is over $50, you get the bonus in five parts. This gives you more ways to use the bonus.

  1. FanDuel offers a $200 bonus on a $5 minimum deposit for a new account, with no promo code required.
  2. Caesars Sportsbook provides a $1,000 first bet safety net, requiring a minimum deposit of $10 and the first bet to be placed within 30 days of account creation.
  3. BetMGM’s offer activates with the first wager and a $10 minimum deposit, delivering $200 in bonus bets that can be used on straight bets or parlays.

These top sportsbook bonuses offer big value and easy-to-meet requirements. By understanding these offers, users can grab the best bonus funds and start their sports betting journey well.

Rewards Programs and Promos for Existing Users

After welcoming new players with big bonuses, top sportsbooks keep their current users happy with great rewards and promotions. These include profit boosts, parlay insurance, odds boosts, and referral bonuses. They make the sports betting experience better and encourage players to keep coming back.

Caesars Sportsbook gives users live streaming of NFL games, VIP rewards, bonus bets, and tier credits for every bet. Another big name in sports betting offers a first bet safety net up to $1,000. They have over 10 million customers worldwide and a top-rated mobile app.

Fanatics Sportsbook brings something new with a $200 bet match for five straight days. They also have a cool FanCash rewards system and the best search function around. BetMGM is also stepping up, with weekly giveaways, same-game parlay boosts, and a big rewards program that signs you up automatically.

If you’re into sports betting, the ongoing promotions can really make your experience better and maybe even increase your winnings. By getting to know and using these rewards programs, you can get more value from your sports betting.

Streaming Capabilities and Additional Features

Many top sportsbooks now let you watch live sporting events as you bet. This makes betting more exciting and gives you real-time insights. It connects you deeper to the games you’re betting on.

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I’ll look at sportsbooks with great streaming and other cool features. Features like early cash-outs and same-game parlays can help you win more. These tools let you stay ahead and make the most of your bets.

Sportsbook Streaming Highlights

  • FanDuel Sportsbook: Watch live sports as you bet with their streaming. It works well on desktop and mobile, so you can follow games from anywhere.
  • Caesars Sportsbook: Get live streaming of select NFL games. This lets you watch and make bets in real-time. Plus, their VIP rewards give you special streaming access.
  • bet365 Sportsbook: bet365 leads in live streaming, offering a wide range of sports. You can watch from any device, so you never miss a game.

Other Advanced Features to Explore

  1. Early Cash-Outs: Sites like DraftKings and BetMGM let you cash out early. This helps you manage risk and secure profits before the game ends.
  2. Same-Game Parlays: Combine bets on one game with features from FanDuel and Caesars. This is a favorite among bettors for its ease and potential rewards.
  3. Odds Boosts and Promotions: Sportsbooks often offer special deals to make your bets more valuable. Look out for enhanced odds and risk-free bets to gain an edge.
Sportsbook Live Streaming Early Cash-Out Same-Game Parlays

Keep an eye on these advanced features as you bet on sports. They make betting more fun and give you a better chance to win. Stay informed, use the tools available, and enjoy the excitement of the game!

Customer Service and Support Options

Having reliable customer support is key when problems come up. I looked into the customer service of top sportsbooks. This includes live chat, phone, and email support, and how good and quick their teams are.

Many leading sportsbooks like Caesars Sportsbook, FanDuel, and BetMGM offer 24/7 help through various channels. This means bettors can get help anytime, no matter the time or day. I checked how well these teams handle questions and fix problems.

Sportsbooks with live chat, phone, and email support usually give the best help. DraftKings has a team ready to help 24/7 with many kinds of issues, from account questions to betting questions.

Some sportsbooks, like Fanatics Sportsbook and Hard Rock Digital, also offer self-help options. These include FAQs and user guides. This helps users find answers to common questions without needing help from a team.

The quality of customer service really affects how good a sportsbook is. It’s a key thing to think about when picking a sportsbook. Choosing sportsbooks with good and quick support teams makes sure bettors get help when they need it.


The world of sports betting is full of great bonuses and promotions. These can really help increase your bankroll and make betting more fun. By understanding the key terms and features of the best sportsbook offers, you can pick the right bonus for your betting style. This way, you can start your sports betting journey strong.

There are many offers out there, like FanDuel’s “Bet $5, Get $200” or Caesars’ “$1,000 First Bet on Caesars.” The industry is full of chances to improve your sports betting experience. It’s also important to know how to deal with the complex terms and conditions of these offers. This helps you get the most out of them and avoid any surprises.

The sports betting market is always changing, with new sportsbooks coming up. This makes the competition for customers even tougher. So, there are more and more bonuses and promotions available, from loyalty programs to special offers for certain events. By keeping up with these and using them wisely, you can make your sports betting experience better and maybe even increase your winnings.


What are the best sports betting bonuses available today?

I’ll show you the top sports betting bonuses and special deals. These can help you get the most from your bets and increase your chances of winning. You’ll learn about free bets, deposit matches, risk-free bets, and reload bonuses.

What is the FanDuel Sportsbook welcome offer?

The FanDuel Sportsbook welcome offer is great for new users. Just bet $5 and you’ll get $200 in bonus bets if your bet wins. There are no wagering requirements or restrictions on what you can bet on, giving you more freedom.

Who is the Caesars Sportsbook welcome bonus suitable for?

Caesars’ $1,000 first bet bonus is for high rollers who deposit at least $1,000. But, you can start with a $10 deposit too. This makes the offer open to bettors of all budgets.

What are the dual welcome offers at bet365 Sportsbook?

bet365 Sportsbook gives new customers two welcome offers. You can choose between ‘Bet $5, Get $150 in Bonus Bets’ or a ‘$1,000 First Bet Safety Net’. I think the first option is better because it guarantees a $150 bonus, while the second one requires your first bet to lose.

What are the key terms to understand when it comes to sportsbook promotions?

Sportsbook promotions come in different types like ‘bet and get’ offers, deposit matches, and first bet bonuses. It’s key to know about bonus bets, wagering requirements, and qualifying bets. This knowledge helps you make the most of these offers.

What factors should I consider when evaluating sportsbook bonuses?

When looking at sportsbook bonuses, consider the total bonus value, deposit and wager requirements, odds restrictions, and expiration dates. The best bonuses offer high values with easy-to-meet terms.

What should I look for in the terms and conditions of a sportsbook bonus?

Check a bonus’s terms and conditions carefully. Look for details on eligibility, wagering rules, how long the bonus is valid, and any limits on bet types or markets. Knowing these details helps you use the bonus well.

What are the top sportsbooks for bonuses in 2024?

Top sportsbooks like FanDuel, Caesars, bet365, Fanatics, and DraftKings offer great bonuses and promotions. I’ll share the best features of each operator’s bonuses.

How do you rank sportsbooks for bonuses and overall user experience?

I’ve checked many sportsbooks based on app reviews, availability, welcome offer size, and ease of claiming. I also looked at rewards programs, streaming, promotions for existing users, and customer service. These factors help find the best sportsbooks for bonuses and user experience.

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