One of the standout features of online sportsbooks is that they offer numerous bonuses to boost your bankroll. From welcome bonuses, and deposit incentives to cashback offers, the list of promotions is almost endless.
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However, depending on the online sportsbook and promotion, you may need to provide promo codes. Simply put, sportsbook promo codes are alphanumeric digits you are required to provide to claim a bonus. Most online sportsbooks offer promo codes on their promotions page and have a section on their site where registered sports bettors have to enter them.
We will explain everything you need to know about a sportsbook promo code and how they work throughout this comprehensive guide. We will also shed some light on the different bonuses and promotions you can claim. For all that and more, keep reading.
Claiming online sportsbook incentives is pretty straightforward. For starters, betting sites offer different bonuses. These bonuses are usually listed in the promotions section.
To claim a sports bonus with sports betting promo codes, head over to the promotions section of the betting operator and click on Claim Now or a similar button. This should take you to a page where you will need to enter the bonus code associated with the promotion. In some sportsbooks, there is a bonus section in your sports betting platform where you can enter the code directly and read sports betting news.
Once you’ve provided the correct promo code, you will be given further instructions on how to claim the bonus. If it is a deposit bonus, you must make the required qualifying deposit. After that, the bonus will be added to your online sportsbook account, and you can start using it to place your favorite bets.
However, note that there is usually a qualifying wager and rollover requirement for sports betting bonuses. So we advise that you read through a gambling site’s bonus terms and conditions carefully before claiming any of its bonuses.
Here is the step-by-step process to claim bonuses:
- Log in to your sports betting account
- Click on the bonus or promotions button
- Enter the promo code in the required field
- Follow the instruction to claim the bonus
Legal sports betting sites offer different kinds of bonuses and promotions. Some of these bonuses are specific to only new players while others are for existing players and VIP players. Below, we have explained the different sports betting promotions you can claim.
This promotion is exactly as the name suggests. Online sports betting sites increase the odds for certain games or bet types to help players stand a chance to win more money. For example, an online sportsbook can offer odds boosts on the UEFA Champions League final. This means the odds of certain events will be higher than what it is originally supposed to be.
This increase can be anywhere from 10% to 40% or more, depending on the betting site. But you may want to compare the boosted odds with standard odds of other gambling sites to see if it is truly worth it.
That said, note that this kind of promotion often has a minimum amount you can wager. Besides, you can only take one side of the bet. This means if team X is playing team Y with a boosted odds offer, and you bet on team X to win, you won’t be allowed to place another bet on team Y to win. This is done so the casino can protect itself from losses.
2nd Chance Bets
This is one of the most common sportsbook promotions that sports bettors can claim. A risk-free bet is a bonus where online betting sites give you back a percentage or all your bet when you lose. For instance, say you claim a 2nd change bet and place the first bet of $100, you will get back the entire $100 as a bonus to use in another bet. However, if you win with the original first bet, the bonus is not credited to your account.
The good thing about this bonus is that they offer another chance at winning. They usually do not have any rollover requirement. This means once you bet the bonus and win, you can keep the winnings minus the free bet amount.
Most sportsbooks in the sports betting industry also offer matched bonuses. In fact, it is the most common form of welcome bonus that you can claim at legal online betting sites and online casino platforms. The operator matches the amount you deposit by a percentage and offers you a betting credit.
However, note that there is a maximum limit to the welcome bonus amount. For instance, an operator can offer a 100% match bonus of up to $1,000 on the first deposit. This means if you deposit $1,000 or more, you can only get the total value of the bonus which is $1,000.
Reload bonuses are common among legal online sportsbooks. Here, you will be rewarded with a bonus when you make a deposit to your betting account. It can be a small percentage of the amount you deposited or a different bonus entirely.
The best sports betting sites offer this bonus to both new and existing players. They provide the required bonus codes on their platform so players can claim them easily. Nevertheless, note that this bonus also has terms and conditions, such as betting limits, validity period, and playthrough requirements.
Some top sportsbooks offer free bets to their new players as sign-up bonuses. With this bonus, an operator gives players some betting credits, which they can use to place bets on their preferred sporting events. Unlike risk-free bets where you only get the bonus if your initial deposit and wager loses, you can claim free bets whether your initial bet wins or not.
For instance, Fanduel sportsbook offer players a referral bonus as free bets. It also has several other free bet promotions.
A deposit bonus is any bonus with a qualifying deposit requirement. It can be a sign-up bonus, deposit match offers, a first deposit bonus or a free bet. New online sportsbook operators and old operators in the sports betting world offer different kinds of deposit incentives. It is the most common bonus category available to new and existing players.
Reputable online sportsbooks provide the best promo codes bettors will need to claim their deposit match bonus. You can also read sportsbook reviews to know the best sportsbook promo codes available.
No Deposit Bonuses
This is the opposite of deposit incentives. You do not need to make a qualifying deposit to claim the offer. Once you enter the required bonus code, the bonus is added to your account as free money.
This category of bonuses is not common, and only a few top online sportsbooks offer them. Nevertheless, they come mostly as free bets. A good example is the referral bonus you can claim at Fanduel sportsbook.
As we’ve mentioned earlier, sportsbook bonuses have terms and conditions that apply to how you use them to avoid the development of a gambling problem. It is important that you go through this bonus before using sportsbook bonus codes. Here are some of the common online sportsbook incentives terms and conditions.
- Wagering/Rollover Requirement: This refers to the number of times you must bet the bonus before you can claim the winnings.
- Qualifying bet/wager: This is the minimum odds you can bet using sportsbook promotions. The specified betting odds can be per game for singles and per bet for parlays. Some sports betting brands also have a minimum and maximum amount you can be using as bonus money.
- Sports restriction: In some cases, a gambling site may restrict sportsbook promo codes to only a particular sporting event. For instance, a gambling site can offer bonuses that only apply to NFL games.
What is a sportsbook promo code?
This is an alphanumeric digit that an online sportsbook may require a player to provide before claiming a bonus.
Do all betting operators offer sportsbook promo codes?
No. Some operators do not require betting promo codes for their bonuses and promotions. But if a promo code is needed, you will likely find it on the promotions page of the gambling site.
What kind of bonuses can I claim with sportsbooks promo codes?
This depends on the online sports betting site. Among the bonuses you can claim with a promo code include a welcome bonus, signup bonus, bet match, bonus credit, free bet, cashback bonus, and so on.
How do I use a promo code in my new sportsbook account?
Head over to the bonus section in your My Account area, and you should see a field where you can enter the bonus code. Once you do, it will display the applicable sportsbook promos, and you can follow the provided instruction to claim the offer.
Can I win a sportsbook bonus code?
Yes. But to keep winnings from any sportsbook bonus, you need to fulfill the rollover requirement and other conditions the operator has outlined while avoiding a gambling problem.
Can I play online casino games with sportsbook bonus codes?
No. Sportsbook bonuses are usually only applicable to betting. However, gambling platforms offer casino bonuses that you can use to play casino games.