When choosing the best sportsbook, Daily Fantasy Sports (DFS) app, or online casino, one of the critical factors to consider is the promos and bonuses on offer. These can range from welcome bonuses for new users to ongoing promotions for existing customers, such as bonus bets, cashback, and reload bonuses.
With so many options, users must compare betting sites and their respective promos and bonuses to find the best value for their money. Here you can find the best offers for each popular sportsbook, online casino, and daily fantasy sports site as of May 2023.
Table of Contents
Best Sports Betting Site Promos and Bonuses for May 2023
| Online Sportsbook | New Player Offer | Claim |
|---|---|---|
 Bet365 | 💰 Bet $1 and Get $200 in Bonus Bets | Bet Now! → |
 BetMGM | 🎁 Get up to $1,000 paid back in Bonus Bets if you don’t win + One Free Month of Stokastic+ Platinum! | Bet Now! → |
 DraftKings | 🤑 Bet $5+ and Win $150 In Bonus Bets Instantly – Win or Lose! | Bet Now! → |
 FanDuel | 💎 Get a No Sweat First Bet up to $1,000 | Bet Now! → |
 Caesars Sportsbook | 💵 First Cash Bet Is On Caesars up to $1,250 + 1,000 Reward Credits® and 1,000 Tier Credits | Bet Now! → |
| Must be 21+. T&Cs, time limits, and exclusions apply. Gambling problem? Call or text 1-800-GAMBLER or visit ncpg.org |
For more information, find our guide to the Best Sportsbook Promo Codes →
Who are the Best Sports Betting Sites?
The most popular sportsbooks have been successful at providing a high-quality sports betting experience that meets the needs and preferences of a broad range of sports bettors. Here are a few reasons why the betting sites listed above, like bet365, BetMGM, DraftKings and FanDuel, are considered the best sportsbooks.
- Wide Range of Sports and Betting Options:
A good sportsbook will offer a wide range of sports to bet on, including popular options like football, basketball, and baseball and more niche sports like rugby or cricket. They will also offer a variety of betting options, including moneyline, spread, and over/under bets. - Competitive Odds:
The odds offered by a sportsbook can make a big difference in how much money you can win from a bet. The best sportsbooks will offer competitive odds that are on par with or better than their competitors. - User-Friendly Interface:
A good sportsbook should be easy to navigate and use, with a clean and intuitive interface. The site should be well-organized and allow users to quickly find the sports and events they are interested in betting on. - Mobile Compatibility:
With more and more people using their mobile devices to place bets, a good sportsbook will offer a betting app or mobile-optimized website that allows users to bet on the go. - Customer Support:
A good sportsbook will offer responsive and helpful customer support that can assist with any issues or questions that arise. This may include live chat, email support, or phone support. - Bonuses and Promotions:
As previously mentioned, sportsbooks often offer bonuses and promotions as a way to attract and retain customers. The best sportsbooks will offer a variety of bonuses and promotions, including sign-up bonuses, same-game parlay boosts, and reload bonuses, among others. - Fast and Secure Payment Options:
A good sportsbook should offer fast and secure payment options for both deposits and withdrawals. This may include credit/debit cards, e-wallets, or bank transfers, among other options.
Overall, the best sportsbooks will provide a user-friendly and secure platform with a wide range of sports and betting options, competitive odds, helpful customer support, and bonuses and promotions to sweeten the deal.
Why do Online Betting Sites Offer Promos?
One of the main reasons that sportsbooks offer promotions and bonuses is to attract new customers. With so many different sportsbooks to choose from, offering a sign-up bonus or site credit can be an effective way to stand out from the competition and get people to try out a new online betting site. Additionally, sportsbooks may offer promotions to keep existing customers engaged and encourage them to continue betting. For example, a sportsbook may offer a reload bonus, where customers receive a bonus for making additional deposits into their account.
Bonuses by Sports Betting Site
- Bet365 Bonuses
- BetMGM Bonuses
- BetRivers Bonuses
- Caesars Sportsbook Bonuses
- DraftKings Sportsbook Bonuses
- FanDuel Sportsbook Bonuses
- FOX Bet Bonuses
- PointsBet Bonuses
- Tipico Bonuses
- WynnBET Bonuses
Having accounts at multiple sportsbooks can help bettors maximize their winnings, access a wider range of sports and betting options, and manage their risks more effectively. By having accounts at multiple sportsbooks, bettors can also take advantage of a wider range of promotional offers and bonuses, which can help them increase their betting bankroll and win more money.
However, it’s important to note that bettors should still practice responsible gaming and not bet more than they can afford to lose, regardless of how many sportsbooks they have accounts with.
Find the Best Sports Betting Site Bonuses by State
Online sports betting has been a popular activity for many years. Still, it has seen a surge in popularity in recent years thanks to the repeal of the Professional and Amateur Sports Protection Act (PASPA) in 2018. This has allowed individual states to legalize and regulate sports betting within their borders, leading to the industry’s rapid growth.
In most cases, Stokastic is also licensed by the same state regulators as the betting sites we recommend. You can trust that you are claiming offers from legal, licensed, and locally regulated online betting sites and an authorized partner. Signing up for an account using one of our links will help support our independently-owned small business site by earning us a commission.
Best DFS Promos and Bonuses for May 2023
| DFS Site | New Player Offer | Claim |
|---|---|---|
 PrizePicks | 💰 First Deposit Match up to $100 + One Month FREE of Stokastic+ Platinum | Play Now! → |
 Underdog Fantasy | 🤑 Get your first deposit DOUBLED on Underdog up to $100 | Play Now! → |
 Sleeper Fantasy | Get the Highest Payouts in DFS, up to 100x, and your first deposit Matched up to $100! | Play Now! → |
 Jock MKT | 💵 100% First Deposit Match up to $100 | Play Now! → |
 Thrive fantasy | 🔥 Get an Instant 100% Deposit Match Up to $250 | Play Now! → |
 Drafters Fantasy | 🎯 25% deposit match bonus up to $100 | Play Now! → |
| Must be 18+ (21+MA & AZ, 19+ AL, NE). Concerned with your play? Call 1-800-GAMBLER |
What are the Best DFS Apps?
It’s no secret that DraftKings and FanDuel helped pave the way for the daily fantasy sports industry that we know today. However, PrizePicks and Underdog Fantasy have managed to carve out a niche in the competitive DFS industry and attract a loyal player base by offering a fresh take on traditional DFS contests.
- PrizePicks: PrizePicks is a unique DFS site that allows players to make more/less predictions on the statistical performance of individual players. Unlike traditional DFS platforms, where players must build a lineup, PrizePicks only requires you to select a few players and predict their performance in various statistical categories. This unique gameplay format has attracted players seeking a simpler and more streamlined DFS experience that more closely resembles sports betting.
- Underdog Fantasy: Underdog is a DFS site primarily focusing on best ball contests for football and basketball. In best ball contests, players draft a roster of players but do not have to make any lineup decisions throughout the season. The platform also offers traditional DFS contests and unique formats like pick’em contests and snake drafts. Underdog Fantasy has gained popularity due to its innovative gameplay formats and engaging user experience.
- Sleeper Fantasy: Sleeper is a fantasy sports platform that offers a variety of games, including fantasy football, basketball, and esports. Sleeper Fantasy app offers exciting new features and enhancements, including the opportunity to win up to 100x your entry fee, in-game contests, and dynamic payouts. Dynamic payouts introduce multipliers attached to player projections, replacing pre-set multipliers based on contest size. Additionally, Sleeper now supports a broader range of stat categories, allowing contests in areas like MLB home runs, triples, stolen bases, and NBA double-doubles and triple-doubles. The app also includes built-in group chat functionality, enabling users to easily view and copy picks from their groups. The minimum deposit on Sleeper is $20, and there is a promotional offer of up to $100 deposit match available for new users.
- Jock MKT: Jock MKT is a daily fantasy sports platform that combines elements of sports betting and traditional fantasy sports. Instead of drafting a lineup, players purchase shares of individual athletes, which can then be bought and sold on an open market. The price of shares fluctuates based on player performance and demand. Jock MKT offers contests for various sports, including football, basketball, baseball, and golf. The DFS app also offers a range of promotions and bonuses for new and existing players.
- Thrive Fantasy: Thrive Fantasy is a daily fantasy sports platform focusing on player props. Instead of drafting a traditional fantasy lineup, players select a handful of players and choose whether they will exceed or fall short of certain statistical benchmarks. Thrive Fantasy offers contests for various sports, including football, basketball, baseball, and golf. The fantasy sports site also offers a range of promotions and bonuses for new and existing players.
- Drafters Fantasy: Drafters Fantasy is a unique daily fantasy sports platform that offers snake drafts. Players draft a team of athletes, similar to a traditional fantasy league, but the competition lasts only one day. Drafters Fantasy also offers Best Ball contests, which is a different format than their snake drafts. In Best Ball, players draft a team of athletes, but instead of selecting a new lineup each week, the best possible lineup is automatically selected based on the highest-scoring players at each position. This format is ideal for players who prefer a more casual fantasy experience, as there is less strategy involved and no need to make in-season adjustments. Drafters Fantasy offers Best Ball contests for a variety of sports, including football, basketball, baseball, and hockey.
Fantasy Sports Bonuses by DFS Site
- DraftKings Fantasy Bonuses
- JockMKT Bonuses
- PrizePicks Bonuses
- ThriveFantasy Bonuses
- Underdog Fantasy Promo Code
- Sleeper Fantasy Promo Code
DFS has grown rapidly in popularity, becoming a billion-dollar industry in the U.S. DFS platforms offer various types of bonuses and promotions, similar to the best sports betting sites, to attract new players and retain existing ones. These may include deposit bonuses, free entry into contests, referral bonuses, and loyalty programs. Be sure to read the terms and conditions of each offer before taking advantage of them.
Best Online Casino Promos and Bonuses for May 2023
| Online Casino | New Player Offer | Claim |
|---|---|---|
 BetMGM Casino | 💰 100% First Deposit Match up to $1,000 and $25 on the House! | Play Now! → |
 Borgata Casino | 🏆 First Deposit Match up to $1,000 plus an extra $20 bonus on the House! | Play Now! → |
 Wheel of Fortune Casino | 💎 100% First Deposit Match up to $2,500 plus $25 Bonus Dollars! | Play Now! → |
 Party Casino | 🎉 Get your first deposit matched up to $500 and 100 FREE SPINS! | Play Now! → |
| MUST BE 21+. T&CS, TIME LIMITS, AND EXCLUSIONS APPLY. GAMBLING PROBLEM? CALL OR TEXT 1-800-GAMBLER OR VISIT NCPG.ORG |
Online Casino Overview
Online casinos have been around for many years, but they have seen significant growth in recent years thanks to the legalization of online gambling in some states. This has led to the development of a wide variety of online casino games, including slots, table games, and live dealer games.
Some of the top promos and bonuses at online casinos include:
- Deposit match: A common bonus online casinos offer where the site matches a percentage of the user’s initial deposit, often with a maximum limit.
- Free spins: Promotions that offer users a certain number of free spins on selected slot machines.
- No-deposit bonuses: Similar to the best sports betting sites and DFS apps, some online casinos offer users a small amount of bonus funds to play with without requiring a deposit.
- Cashback: Promotions that offer users a percentage of their losses back in the form of bonus funds.
- Loyalty programs: Programs that reward users for their activity on the site, often with bonus funds, free spins, or other perks.
Why do Online Casinos Offer Promotions?
Online casinos offer promotions and bonuses for many of the same reasons as sportsbooks and DFS sites. For one, offering a sign-up bonus can be an effective way to attract new customers. Additionally, online casinos may offer promotions to encourage existing customers to continue playing and depositing money into their accounts.
Overall, offering promotions and bonuses is a standard marketing tactic online gambling sites use to attract and retain customers.
What are Some of the Factors Considered When Ranking the Best Online Casinos?
Online casinos have gained immense popularity over the years thanks to their convenience, a wide selection of games, and exciting bonuses and promotions. To stand out in this competitive industry, the best online casinos offer a range of features that enhance the overall gaming experience for players. Here are some factors you should consider when selecting the best online casino.
1. Game Selection: A wide selection of casino games is an essential feature of any top online casino. This includes popular games such as slots, table games (like blackjack and roulette), and video poker. Other popular games include live dealer games, which allow players to play against a real dealer in real time, and progressive jackpot games, which offer the chance to win huge sums of money.
2. Software Providers: The quality of casino games is mainly dependent on the software providers that supply them. The best online casinos partner with the top software providers in the industry, such as NetEnt, Microgaming, and Playtech, among others. These providers are known for creating high-quality, engaging games with excellent graphics and sound effects.
3. User Experience: The best online casinos provide a user-friendly experience for their players. This includes easy navigation, clear instructions, and an intuitive interface. The casino should also offer reliable customer support, with responsive agents to assist players 24/7.
4. Mobile Compatibility: With an increasing number of people using their mobile devices for online gaming, mobile compatibility is an essential feature of any top online casino. The casino should have a mobile-optimized website or a dedicated app that offers a seamless experience for players on the go.
5. Payment Methods: The best online casinos offer a variety of payment methods, including credit cards, e-wallets, bank transfers, and cryptocurrencies. They also provide fast and secure withdrawals, with minimal processing times and no hidden fees.
6. Licensing and Security: To ensure a safe and secure gaming experience, the best online casinos hold a valid license from a reputable regulatory body, such as the Malta Gaming Authority or the UK Gambling Commission. They also use the latest encryption technologies to protect player data and transactions.