Sports betting has absolutely boomed in the US over the past couple of years, with sportsbooks throwing money at marketing, advertising, and promos to entice new users to sign up.
With over 50 online betting apps in the country, there is a lot to choose from, but over the past year there have been a few promotions that stand out from the rest, offering exceptional value to new players, and making it potentially quite lucrative to sign up for a new betting app. Here are the best sports betting promotions of 2022.
PointsBet – 2 Risk Free Bets up to $2,000
Not the biggest betting app in the US, but the Australian sportsbook offers the single highest value betting promotion by a long way. If you’re wondering what the promotion actually is, here is the breakdown:
The PointsBet welcome offer lets users place two different wagers up to a total of $2,000, and not worry about losing their money since any loss will just be credited to your account as site credits that can be placed on another wager, called free bets.
This tops the list not only because of the high monetary value, but also because it’s split into separate risk free bets, one for traditional wagers, and one using the unique ‘Points Betting’ feature of the app that lets bettors profit based on how much bet wins by (for example how many points the Golden State Warriors will win a game by).
DraftKings Sportsbook – Deposit Bonus up to $1,000
Unless you’ve had your head in the sand or just not watched a sports game in the past five years you’ll probably have heard of DraftKings. The Daily Fantasy Sports giant can be found in just about every state with legal online betting, and has a pretty juicy bonus tied to the first deposit.
The best part about the DraftKings bonus is that you don’t need to lose a bet in order to claim the promo, you just need to make a deposit and wager normally. The betting app matched 20% of your first deposit up to $1,000, given to you a free bet you can wager on the site, not a bad welcome offer!
Caesars Sportsbook – $1,250 Risk Free Bet
Whether it’s J.B. Smoove or one of the Mannings talking about Caesars Sportsbook, the tv ads seem to come at every break of every NFL game right now, telling you to sign up a cash in on their promotions.
The best offer from Caesars is definitely their $1,250 risk free bet welcome offer, which returns any losing bet stake as free bets. But the glitzy betting app goes one step further by handing out
an additional 1,000 reward credits for their loyalty program, which is surprisingly good if you like Caesars affiliated shops and restaurants.
FanDuel Sportsbook – Risk Free Bet up to $1,000
The main competition for DraftKings, FanDuel Sportsbook holds the biggest market share of the online sports betting industry, and their betting promotion is a big reason for this.
Aside from being a very well known brand in the US, FanDuel has jumped on the risk free bet bandwagon and has their promo limit set pretty high at $1,000. While it may seem like risk free bets are the standard, they can be super valuable so don’t turn your nose up at them especially when the limit is as high as FanDuel’s. If you want to maximize a potential payout, you could wager on some longer odds and rest assured that you’ll at least get your bet stake back as free bets to try and win back your wager with.
BetMGM – Risk Free Bet up to $1,000
Another Vegas based betting app rounds out our top five, and just like the high end experience you’d expect from MGM in Sin City, you get a quality app and valuable bonus when signing up.
The BetMGM betting promo is almost identical to FanDuel’s offer, which isn’t to say you should limit yourself to just one – there is no real reason not to take advantage of all the top promos if you’re really into sports betting. And once again, there is a lot of potential money up for grabs with this bonus, since you don’t really lose out even if you lose, and a winning bet can payout a ton.
These are definitely five of the best betting apps in the US, and control almost all of the market share, so it’s not too surprising they’re offering the best betting promos. It’s all about getting new players to sign up, and if you’re getting free money wouldn’t you be interested?
