A promo code sounds trivial. It isn't. Most sportsbooks require you to enter it at registration — and if you miss it, the bonus is gone. Codes generally cannot be applied retroactively. That one oversight can cost you up to $1,500 in value before you place a single bet.
Which sportsbooks require a promo code right now?
Most major licensed US operators require a code at sign-up. The exact code and offer change frequently, so always verify directly with the book before you register. Below is a snapshot of current offer structures based on publicly available information.
| Sportsbook | Offer Type | Max Value | Bonus Bet Stake Returned? | Typical Expiry |
|---|---|---|---|---|
| BetMGM | Second-chance / bet insurance | $1,500 | No — winnings only | 7–30 days |
| FanDuel | Bet & Get (guaranteed bonus bets) | Varies by market | No — winnings only | 7–30 days |
| DraftKings | Deposit match / Bet & Get | Varies by market | No — winnings only | 7–30 days |
For a full ranked breakdown of every current offer, see Best Sportsbook Welcome Bonuses Ranked for 2026. To understand how offer formats differ structurally, read Deposit Match vs Bet & Get: Breaking Down Both Offer Types.
What are the rules you actually need to read?
Welcome bonuses are limited to one per household, IP address, or device. Existing customers don't qualify. Trying to claim a second welcome offer through a family member's account violates T&Cs and can get both accounts permanently closed. That's not a gray area — it's spelled out in every major operator's terms.
Some deposit methods are excluded from bonus eligibility entirely. Check before you fund your account, not after. PayPal, prepaid cards, or certain e-wallets are common exclusions depending on the book. Review T&Cs before depositing a single dollar.
Minimum odds restrictions matter too. If a promo says bonus bets must be placed at -200 or better, a bet at -800 may be voided even if it wins. Wagering requirements on deposit matches typically run 5x to 25x — meaning a $500 match at 10x requires $5,000 in total wagers before you can withdraw anything.
Is BetMGM's $1,500 offer worth it?
The headline number is real — but it's not $1,500 in cash. It's a refund in bonus bets if your first bet loses. Bonus bets expire within 7–30 days, and when a bonus bet wins, only the net winnings are credited. The stake disappears. For a full breakdown of how it stacks up in practice, see BetMGM First Bet Offer: Is the $1,500 Back Real Value?.
What about FanDuel's offer?
FanDuel runs a Bet & Get structure — you place a qualifying wager and receive bonus bets regardless of whether that bet wins or loses. That's a different mechanic than insurance-style offers. Read the full terms breakdown at FanDuel Sportsbook Offer: What You Actually Get.
Can you claim offers at multiple sportsbooks?
Yes — each book's welcome offer is separate. You can sign up at FanDuel, BetMGM, and DraftKings and claim each one. What you can't do is claim the same book's welcome offer twice. One account per household, per IP, per device. That's the hard line across every licensed operator.
Sports betting is legal in 39 states plus Washington D.C. and Puerto Rico as of September 2026. Availability of specific promos depends on your state. Always confirm an operator is licensed in your jurisdiction before depositing.
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