Sports Betting Promotions

At William Hill, we want to provide you with the perfect promotion to go with your sports betting. As America's sports betting leader, we have the experience to cover every sport in the way you want it – fantastic odds, new markets and unique ways to enhance your gambling experience. Free bets are another common bonus to look out for when wagering online on sports fixtures. These free bet promotions come in a variety of forms, from a single free bet on a certain fixture to a certain amount of ‘free credit’ to spend on bets.

Colorado online sports betting kicked off on May 1, 2020. There are 16 licensed Colorado online sportsbooks. Most offer sign-up bonuses including free bets and deposit bonuses that lure players to their sites instead of their competitors. Each has its own set of terms and conditions, and we cover them below so you can find the best deal for your level of activity.

**Some of the products featured here are from our partners who compensate us. This does not influence our evaluations. Our opinions are our own. All bonus and promotions have Terms & Conditions that apply. 21+ for legal online gambling sites. If you think you have a gambling problem, please call 1-800-522-4700.

Best Online Sports Betting Bonuses In Colorado

Sports betting promo codes are effectively coupons, except that instead of receiving a discount on a good or service, bettors win added monetary value. The most common use of a promo code is upon first registering for an online sportsbook. Most, if not all, books even integrate a promo. Sports betting promo codes are effectively coupons, except that instead of receiving a discount on a good or service, bettors win added monetary value. The most common use of a promo code is upon first registering for an online sportsbook. Most, if not all, books even integrate a promo code field into their registration forms. Some sports betting sites offer bonuses that are for certain sports. For instance, you could get five percent of your deposit for making March Madness picks. If you are known to bet on football, the site may give you a bonus for wagering on the Super Bowl. These may come with a rollover or odds restriction.

While most Colorado sportsbooks offer bonuses, some are notable for new bettors. Here are the eight best welcome bonuses in Colorado:

  • William Hill – Claim A $500 Risk-Free Bet
  • BetRivers – Claim A $250 Deposit Bonus with 100% Match
  • FanDuel – Claim A $1,000 Risk-Free Bet
  • SportsBetting.com – Claim A $150 Deposit Bonus
  • BetMGM – Claim A $500 Deposit Bonus – Use bonus code SHARP
  • PointsBet – Claim A Two Risk-Free Bets, up to $1,500 – Use bonus code BIGBONUS
  • DraftKings – Claim A $1,000 Deposit Bonus with 20% Match
  • FOX Bet – Claim A $500 Risk-Free Bet

Online Sports Betting In Colorado

William Hill Colorado

Bonus: $500 Free Bet

Claim Bonus: Willaim Hill $500 Free Bet

Defense Dollars: Wager $50 or more on the pregame or full game spread on the Washington Huskies vs. Oregon Ducks game. Earn a free bet for your team’s defense:

  • $1 per sack
  • $2 per fumble recovery
  • $3 per interception
  • $7 per defensive touchdown
  • $10 per safety

Remember, the risk-free bet must be used within seven days from the date it’s awarded. Don’t let that free bet go to waste!

BetRivers Colorado

Bonus: 100% up to $250 Deposit Match

Claim Bonus: BetRivers Sportsbook Bonus of $250

Colorado became the fourth state BetRivers launched in after Pennsylvania, Indiana, and Illinois. (It launched in Iowa shortly afterward, too.) BetRivers is owned by Rush Street Interactive, the same company that operates SugarHouse Online, but Coloradans won’t get access to that site. BetRivers has a number of loyalty perks and rewards to Colorado sports bettors and is offering up to a $250 match for deposits through our exclusive link. BetRivers will match each dollar bettors deposit with a site credit up to $250. Bettors also have to use that money to bet, with BetRivers releasing one site credit for every dollar in wagers. It has the best rate of reward among Colorado deposit bonuses. But it’s far from the largest.

FanDuel Sportsbook Colorado

Bonus: $1,000 Risk-Free Bet

Claim Bonus: FanDuel Sportsbook $1,000 Risk-Free Bet

FanDuel is another licensed daily fantasy sports company that entered thelegal sports betting industry in Colorado. You receive $5 in your account immediately upon signing up. You’ll receive another $5 upon making a deposit. FanDuel’s main welcome bonus is its $1,000 risk-free bet. You’ll receive a free bet for your first wager’s amount. If it loses, your account is reimbursed for the losses, up to $1,000. Winnings are eligible for cashout, but the site credits cannot be withdrawn.

SportsBetting.com

Bonus: $150 Deposit Bonus

Claim Bonus:SportsBetting.com $150 deposit bonus

SportsBetting.com launched in Colorado after partnering withJohnny Nolon’s. SportsBetting.com offers a 100% up to $150 deposit bonus for new customers.

Bonus: $500 Deposit Bonus

Claim Bonus:BetMGM Sportsbook $500 Deposit Bonus – Use bonus code SHARP

Bet MGM is operated by MGM Resorts out of Las Vegas. It offers a risk-free bet up to $500. However, bettors must use their first bet to take advantage of this bonus. If bettors lose their first bet, then BetMGM will add risk-free bets to bettor accounts. If bettors wager $49 or less, they’ll get one risk-free bet that’s equal to their first bet. If bettors wager $50 or more, then bettors will get five risk-free bets that are each worth a fifth of their first bet. So, a $500 losing wager would get bettors five $100 risk-free bets. It’s a little confusing, but the bottom line is bettors will get their losing stake back in the form of risk-free bets.

PointsBet Colorado

Bonus: 2 Risk-Free Bets up to $1,500

Claim Bonus: PointsBet Sportsbook $1,500 Risk-Free Bets – Use Bonus Code BIGBONUS

PointsBet offers a little something different-a dual risk-free bonus bet offer. New accounts can receive two risk-free bets, one up to $500 on a fixed-odds bet, and $1,000 for PointsBetting. PointsBetting is a spread bet which allows bettors to wager on how much their team will cover the spread by. The reward multiplies depending on how far over the threshold your team is when the game concludes. If you can guess how much you’ll win, you can be rewarded exponentially. But it’s a tricky bet. Best of luck if you attempt it.

DraftKings Sportsbook Colorado

Bonus: 20% up to $1000 on deposit.

Claim Bonus:DraftKings Sportsbook Bonus of $1,000

DraftKings is best known in Colorado as a legal daily fantasy sports site. It’s been a licensed daily fantasy site in Colorado since 2016. Now you can bet on sports through DraftKings’ app and website.

New DraftKings sportsbook players can earn up to $1,000 in deposit bonuses. When making a deposit, bettors can earn $1 in site credits for every $5 they deposit, up to $1000. That means a $5,000 deposit would receive the maximum bonus. However, DraftKings also has a playthrough requirement. Bettors get $1 in site credits for every $25 they ager after depositing. Bettors have 90 days to meet the playthrough requirement to maximize this bonus. You’ll be rewarded in proportion to how much you deposit and wager, so make your first deposit and subsequent bets count!

Additional terms and conditions apply.

FOX Bet Colorado

Bonus: $500 Risk-Free Bet

FOX Bet offers new players a $500 risk-free bet on their first wager. However, it’s only good for your first wager, so make sure you don’t miss it. Bettors must place a bet on a line with odds of -200 or more to qualify. If you lose, you’ll get site credits that match your stake up to $500. If you win, then congratulations. Enjoy your winnings.

BetMonarch

Bonus: None available

BetMonarch is the first homegrown sportsbook to launch in Colorado, both owned and operated locally. The new app launched in May 2020, about a week after Colorado legal sports betting went live. As the name suggests, BetMonarch is attached to the Monarch Casino in Black Hawk, and bettors will also be able to place bets at the retail sportsbook in person once Colorado casinos reopen.

SBK

Bonus: None Available

SBK is an online sportsbook from Smarkets, a European sports betting company based in the UK. SBK launched on June 4 and gets its odds from its betting exchange overseas. That means that SBK’s odds are particularly competitive. But Colorado sportsbooks that offer bonuses or boosts can have better odds on certain lines than SBK.

Sky Ute Sportsbook

Bonus: None Available

Sky Ute Sportsbook is the online sportsbook from the Southern Ute Indian Tribe. Sky Ute Sportsbook launched on June 9 and is currently not offering a sign-up or deposit bonus.

Circa Sports

Bonus: None available

Circa Sports is an online sportsbook that started in Las Vegas at the D and Golden Gate. Colorado is its first online sportsbook outside of Nevada and promises to have high limits and great odds.

BetWildwood

Bonus: None Available

BetWildwood is an online sports betting site operated by Wildwood Casino. It offers no welcome bonuses and tends to have low odds compared to its competitors.

theScore Bet

Bonus: $1,000 Deposit Bonus with 5% Cash Back + $500 Risk-Free Bet

theScore Bet offers two welcome bonuses: the $1,000 deposit bonus and the $500 risk-free bet.

The deposit bonus rewards bettors for their first deposit, up to $1,000. But to unlock that bonus, bettors need to wager. Bettors get 5% cash back on every wager for 60 days to slowly unlock the cash bonus they earned from their first deposit. That means to get the full $1,000, bettors must:

  • Deposit $1,000 on their first deposit.
  • Wager $20,000 in 60 days.

Long story short, bettors will be rewarded in proportion to their play.

theScore Bet also offers a $500 risk-free bet. theScore Bet refunds your first bet if it loses for the amount bettors wagered, up to $500.

Elite Sportsbook

Bonus: $500 Risk-Free Bet

Elite Sportsbook is partnered with Red Dolly Casino. They are offering first-time users a $500 risk-free bet of up to $500 on their first bet. With a risk-free bet, the first bet is the one to go big on.

Betfred Sports

Bonus: $500 Risk-Free Bet

Betfred is a European operator that partnered with Saratoga to launch its online sportsbook in Colorado. Betfred is an official partner of the Denver Broncos and offers new players up to $500 risk-free bet when they sign up.

Superbook Sportsbook

Bonus: None Available

Superbook is a recent Colorado entrant that promises bonuses soon. Colorado is its first state after Nevada, and it’ll be heading into New Jersey next.

Colorado Sports Betting Sites Launching Soon:

888 Sportsbook

888 Sportsbook isn’t here yet. But when it is, it offers a $500 risk-free bet. However, that could change for Colorado before launching.

Bet365

Bet365 is a maybe, too. However, if it comes to Colorado, bettors would be able to claim a $100 first deposit bonus. It’d be the smallest deposit bonus in Colorado at that rate.

BetAmerica

BetAmerica is best-known as a horse racing betting company. It is owned and operated by Churchill Downs. It has been licensed in Colorado in the racing industry for years. However, its casino bonus is more generous than its sportsbook bonus. New casino players get a $500 deposit bonus. New sportsbook bettors get what appears to be a $50 risk-free bet.

Barstool Sportsbook

Barstool Sportsbook is opening a retail location in Colorado, but the app isn’t live yet. When it is, bettors can claim a $500 risk-free bet.

Colorado Sports Betting Promotions

Existing users can take part in sports betting promotions offered at many of the Colorado sports betting sites. Deposit bonuses reward bettors for how much they deposit and wager. Risk-free bets refund losing bets with site credits.

However, bettors will find ongoing bonuses that offer small wagers on popular games. There’s lots to see, so bettors should keep an eye out for new promotions.

Deposit Bonuses

Nj Sports Betting Promotions

Deposit bonuses appear the most enticing. They reward bettors for how much they deposit upfront. Sportsbooks seem to know that bettors who deposit money will use it, so it makes sense for them to incentivize large deposits. Deposit bonuses are awarded at a rate expressed as a percentage. A 20% deposit bonus, like DraftKings’, awards 20% of a bettor’s deposit in site credits. So, a $100 deposit would earn $20 in site credits.

However, deposit bonuses often have playthrough requirements, too. Bettors need to actually use the money they deposit before unlocking their bonuses. theScore Bet awards 5% of a bettor’s wagers up to the amount they deposited upfront. That way, sportsbooks ensure bettors are actually wagering.

Risk-Free Bets

Ironically, risk-free bets require bettors to risk their own money upfront. Risk-free bets reimburse bettors for how much they lose on their first bet. The advertised amount is often the maximum bet that bettors can be reimbursed for in full. So, a $500 risk-free bet often means that bettors can lose $500 on their first bet, then get that money back in site credits. That’s the deal bettors can find at Fox Bet. However, bettors can’t withdraw the site credits. Bettors can only get their winnings in the bank. Since these bonuses are often only good for the first bet, new bettors often miss the chance to use them. Don’t be one of them. Plan the first bet carefully.

No-Deposit Bonuses

These are small, unremarkable bonuses that bettors receive upon sign up. However, these are in the form of site credits, too. They’re not free money for bettors to withdraw and use as they please. Bettors must use those credits to wager at their sportsbook or forfeit them. They’re usually not larger than $50, so don’t get too excited about them. Barstool Sportsbook offers a $10 no-deposit bonus for signing up, knowing they’ll win that money back over time. However, they can help new and nervous bettors try betting for the first time. Sportsbooks likely use these to lure the most cautious of new bettors in, hoping they’ll wager more after using these first site credits.

Ongoing Event Bonuses

These are other small bonuses that are tied to specific events. BetMGM offers a deal where bettors wager $50 on college basketball and get a $25 free bet for college football. Little bundles like these help spread bets over all the events sportsbooks need money on.

How To Claim Online Sportsbook Bonuses In State

Claiming bonuses tends to be straightforward. First, bettors have to find the online sportsbook app they want to wager at. That’s as easy as googling the website or searching the app store. Keep in mind that some brands have state-specific apps. If the Colorado app is available, choose that one. And don’t mistake a daily fantasy sports app for a sportsbook. They’re not the same.

After that, bettors must register for accounts. Creating accounts is similar to any other website. However, sportsbooks require part or all of a bettor’s social security number. That may seem strange to new bettors. However, it’s part of an identity verification step that all licensed Colorado sportsbooks must adhere to. No one wants to award money to money launderers, after all.

Once bettors are registered, they just have to fulfill the first terms of the welcome bonus. That could mean different things for different bonuses and sportsbooks. For example, DraftKings and theScore Bet both offer $1,000 deposit bonuses. However, they have different ways to unlock the full bonus. DraftKings requires a large deposit upfront followed by a 25:1 playthrough requirement. But theScore Bet only requires a 20:1 playthrough. That means earning the full deposit bonus requires $5,000 less at theScore Bet than at DraftKings.

But risk-free bets come with their own terms, too. Their terms often hinge on the first wager. That means planning to bet big later is a poor strategy for fulfilling those terms. Read up on bonus terms before wagering if you want to take advantage of them.

Once the terms are fulfilled, bettors will find the bonus in their accounts. That could be site credits for additional betting or risk-free bets worth redeeming. Bettors should check their accounts and betslips if they’re looking for the rewards they reaped from their sportsbook bonus.

Colorado Sports Betting Bonus FAQs

How Old Do Bettors Need To Be To Place Online Sports Bets In Colorado?

21. While daily fantasy sports players only need to be 18, sports bettors must be a little older. This staves off a potentially thorny legislative issue. The idea of high school seniors gambling online is unsettling, even to gambling supporters. Raising the sports betting age got around that and likely helped keep mobile sports betting out of high schools.

Can Bettors Claim Bonuses At More Than One Colorado Sportsbook?

Yes. Because bettors create separate accounts at each sportsbook, they can claim each sportsbook’s bonus. However, they can only claim bonuses once. Each sportsbook account is tied to a social security number. It’s hard to fake two accounts. Even if bettors could borrow a social security number, sportsbooks would suspend that account if they suspected that it was the same person. Sportsbooks have massive sets of data to use to identify duplicate accounts. Fooling them isn’t as easy as bettors may think.

What Are The Playthrough Requirements For Legal Online Colorado Sportsbooks?

Each playthrough requirement can differ from sportsbook to sportsbook. However, most of them are associated with deposit bonuses. After fulfilling the deposit requirement for a deposit bonus, bettors often have to wager their money to unlock site credits. They can take the form of fixed site credits per dollar wagered or a percentage of wagered dollars. Bettors must understand each bonus to learn how they wish to fulfill their playthrough requirements.

Bonus abuse is using multiple accounts to benefit from bonuses multiple times. Sportsbooks anticipate a certain return-on-investment from their bonuses. They expect to spend a little money to retain bettors over their full customer lifetimes. But those calculations assume one bonus per sportsbook. Any more than that is theft.

As long as bettors aren’t creating multiple accounts to profit from different bonus terms, then they’re fine. They can create single accounts at multiple sportsbooks, but creating multiple accounts at any sportsbook will get them in trouble.

What’s The Bonus At DraftKings Sportsbook In Colorado?

DraftKings Sportsbook offers a $1,000 deposit bonus at a 20% match rate. If bettors deposit $100, they can earn up to $20 in site credits. However, bettors also have to use the money to bet. DraftKings requires its bettors to play $25 to earn each $1 of site credit. In the $20 example, a bettor would need to wager $500 for the bonus credits. For the full $1,000, bettors would need to play $25,000. Bettors are rewarded based on how much they deposit and play. As long as bettors are wagering at the pace they’ll normally wager, they’re getting a fair value of the bonus.

FanDuel offers a $1,000 risk-free bet to its new bettors. If a bettor’s first wager loses, then they’ll get site credits back equal to their losing bet, up to $1,000. Betting big on the first wager may be a good value for bettors with cash to spare. However, site credits are not the same as winnings. Bettors can withdraw winnings from their accounts. They cannot withdraw site credits. Bettors can only use site credits for betting on FanDuel.

Is There A Wager Requirement For Colorado Sports Betting Apps?
Betting

Sometimes. Some sportsbooks require bettors to use their bonuses on bets with certain odds. Colorado sportsbooks usually set the minimum odds around -200. That way, sportsbooks don’t lose too much money giving away bonus credits and paying additional winnings. Each sportsbook bonus has its own terms, but this is the most common one. Bettors have to watch for these on risk-free bets more than anywhere else. Otherwise, bonus terms should be largely clear.

Here is a look at the top offers from legal US sportsbooks. This page will be regularly updated with promos for new and existing online sportsbook users, with the latest odds boosts and prop bets.

The offers you’ll find here are from sportsbooks like DraftKings Sportsbook, FanDuel Sportsbook, BetMGM, PointsBet and FOX Bet.

DraftKings Sportsbook

New players at DraftKings Sportsbook continue to get a match of their first bet, up to $500. The site also offers a 20% deposit bonus, up to $1000.

FanDuel Sportsbook

New players at FanDuel Sportsbook can get their first bet refunded as site credit if it loses, up to $1000.

FanDuel also has Multi-Sport Parlay Insurance. Bet a five-leg or larger parlay and if it loses, the site will offer a free bet in the amount wagered, up to $20.

Pick any NFL game and get a same-game parlay. Click the Same Game Parlay tab to build from the props, spread, and total prices. Wager three legs or more that total +200 or greater payout and if the bet loses, receive the amount wagered as a free bet, up to $10.

PointsBet

New players get a Risk-Free bet up to $500 on fixed odds and a Risk-Free bet up to $500 on any Pointsbetting market as part of PointsBet’s 2 Risk-Free Bets Up to $1000 promotion. Losing bets will be re-paid in site credit.

  • Refer a friend to get $50 for each account. Send the unique link to start the sign-up process to get the bonus.
  • The site now features single-game parlays for all NFL action. Select a game, click Single Game Parlay, and go through the traditional and Pointsbetting options.

BetMGM

New players with BetMGM can get a 100% matching bonus on the first deposit, up to $50. Just use the code on the Promotions page and deposit $10 or more.

For those who prefer to bet in-game, there’s $20 in free bets waiting. Just wager $50 or more in-play and receive the bonus.

Opt-in to bet the First Touchdown Scorer in a game risk free. If the player doesn’t score the first TD, get back the bet as site credit, up to $20.

The site also has the Easy Parlay option to build multi-leg parlays around different games. Select the Easy Parlay icon on the main bar and select from moneylines, spreads, and totals for the week.

Each game has the Parlay Builder option as well. Choose from a variety of pre-built three-leg parlays with differing payouts.

FOX Bet

New players at FOX Bet get their first bet Risk-Free. If the wager loses, the amount bet will be offered as site credit, up to $500.

Bet a three-leg parlay (-200 odds or better on each leg) for $10 or more Monday through Friday and get an instant $5 free bet. Opt-in to get started on this once a week offer.

Follow @FoxBet on Twitter, Instagram, and Facebook to get a chance to win a $100 free bet every Friday morning at 10 AM EST.

How sports betting promos work

Online sportsbook promotions are a great way to get into sports betting. Legal US sportsbooks in new markets offer a variety of promotions to gain activity with new and existing customers.

New sportsbook customers will often find a signup bonus for their first deposit. This kind of sportsbook promotion will give the player bonus dollars to wager with. In return, the sportsbook will acquire a new customer. This is often a win-win for both parties.

Unlike many other mobile apps, sports bettors with existing accounts can also participate in a variety of promotions. Sportsbooks offer better odds regularly for all customers with odds boosts and other similar promotions.

The easiest way to find out about sports betting promotions is to enable notifications on a mobile device with an account. Sportsbooks will often push a notification out on the day when promotions are active.

Players can also easily find sports betting promotions directly on sportsbook websites and apps. This is also where a player will find terms and conditions for each promotion. This is important as sportsbooks all have their own specific rules for a promotion.

The wide variety of sports betting promotions encourage players to open accounts with multiple sportsbooks. Having a variety of sports betting accounts allows players to shop around and wager where they find the best odds. This is a widely forgotten benefit of using sports betting promotions. Finding the best odds is one way to becoming a sharper sports bettor.

Types of sports betting promotions

Online sportsbooks offer a variety of promotions for new and existing customers. The names may vary by sportsbook but the promotions generally fall into the following categories.

      • Signup Bonus: A signup bonus is exactly what it sounds like. A sportsbook will give a new customer a bonus just for signing up for a sports betting account and making a deposit.
      • Reload Bonus: Again, this is what it sounds like. Existing customers can earn a bonus when they reload their online sportsbook account. This kind of bonus could keep customers active longer.
      • Referral: Simply send a personal referral code from an online sportsbook to a new customer and receive bonus credit to place a wager after they sign up and make a deposit. The other player will also receive a bonus for signing up.
      • Odds Boost: Online sportsbooks increase the odds for the player on certain wagering options by way of an odds boost. The better the odds for the player, the better the return for a winning wager.
      • Insurance: Sometimes an online sportsbook will offer insurance for a specific wager. The company will give the player a betting credit if the particular wager loses. This is sometimes considered a risk-free bet.
      • Free Contest: Online sportsbooks will sometimes offer contests specifically for existing players. Prizes may be cash, merchandise or betting credits.
      • Free Bet: An online sportsbook might offer a free bet for a particular event or as a reward for making a certain wager. This is usually a bet credit that must be played before cashing out.
      • Match Bet: This kind of sportsbook bonus is when a player places a wager. The online sportsbook will match the wager up to a listed amount. Sometimes the match is equal but other times is may be less.
      • Online Casino Promotion: Online sportsbooks offer this kind of promotion to persuade players to try different online casino games like blackjack and slots.
      • Player Parlay Promotion: An online sportsbook will create special player prop parlay wagers for certain events. This is particularly popular for football games where multiple players must achieve specific goals.
      • Loyalty Bonus: Some online sportsbooks have loyalty clubs where players can earn merchandise, free bets, and more based on how much they wager. This kind of bonus gives a player extra loyalty points for certain wagers.

One note about promotional offers from sportsbooks. Bonuses, free bet credits, and cashback may require a playthrough. This kind of requirement means exactly what it says – the user must play the “money” or credit through the sportsbook before cashing out those funds.

For example, if a player deposits $100 in an account a sportsbook could match that money. The $100 from the sportsbook must be used at least once before it can be withdrawn.

There is no single industry standard for a playthrough requirement. Some online sportsbooks will require a single playthrough of the funds. Another sportsbook may require 50 playthroughs of the money or credit. Always check the terms and conditions of the promotion before signing up or placing a wager.

Sportsbook promo code

Many legal US online sportsbooks offer a promo code for new users. The promo codes are mutually beneficial. A sportsbook promo code is an easy way to get the attention of anyone looking for a new online sportsbook. Similarly, the user may get a promo code or direct link to obtain some kind of bonus when they sign up.

A sportsbook promo code may be an offer for a signup bonus, free bet, or both. Unfortunately, promo codes are usually good for new users only. A sportsbook customer may obtain a bonus by sharing their own personal promo code with a new user.

Using a sportsbook promo code is simple. Either enter a code at the online sportsbook when signing up for a new account or simply click a direct link that will populate the promo code in an online sportsbook.

Similar to online sportsbook bonuses, the money from the promo code may require a playthrough. Always read the terms and conditions to understand the requirements of signing up for a new sportsbook account.

Sports betting promos nj

Why do sportsbooks offer promo codes?

Online sportsbooks offer promo codes to attract customers. It’s as simple as that. The promo code offer is usually a sum large enough to entice a potential new or inactive user.

New customers are crucial for online sportsbooks to increase their customer base. There are very few sports bettors who win large sums of money over time. The acquisition of a new customer is often seen as someone who a sportsbook will make money from while active. Whatever the size of the promo code, a sportsbook company assumes the player will return that money and more over time.

Some sportsbooks will offer re-activation promo codes and bonuses for players that haven’t made a wager in a while. An online sportsbook is intelligent and understands the betting patterns of its customers. Making a promo code available to an old, inactive user could be another way for a sportsbook to generate revenue from a dormant customer.

Sportsbook promo FAQ

What is a sportsbook promo?

A sportsbook promo could be a free bet, match play, odds boosts, or other bonus.

Do I have to be a new customer to use a sportsbook promo?

It depends on the type of promotion. New customer bonuses are obviously not for players with existing accounts. However, new and existing customers may use odds boosts and other promotions.

What is a sportsbook playthrough requirement?

A customer must play through a certain sum of money from a sportsbook promo before withdrawing the funds.

Who is eligible for a sportsbook promo?

Sports bettors 21 or older in a state with legal online sportsbooks.

Where are sportsbook promotions available?

Websites like TheLines share sportsbook promos when detailing odds and information from different online sportsbooks.

When do I have to use a sportsbook promo?

All sportsbook promos have different requirements. Always check the terms and conditions before accepting a sportsbook promo.

Sports Betting Offers

Why do sportsbook promos exist?

Simply put, a sportsbook promo is intended to attract customers to place wagers.

Can I sign up for an account and withdraw sportsbook promo money right away?

No. The sportsbook promo usually has a playthrough requirement before those funds can be withdrawn