[Editor’s Note: BeerLife Sports receives ZERO compensation for any of these sportsbook links. This is purely for the reader’s benefit.]
Online sportsbooks are ever-evolving to offer a variety of promotions to their customers. Be it insurance on parlays, varietal contests against other sports bettors, or incentives to continually bet, you can find what you want at one sportsbook or another.
So, which sportsbooks offer the best promotions? First, it depends on what you like. But more so, the top sportsbook to offer the best promotions for popular sports-betting interests on a consistent basis leads our list.
NFL Game Profit Boosts
Returning for a second-straight week, DraftKings offers a 20% profit boost on every NFL game on the Week 2 slate excluding the Sunday and Monday night games.
Below is an example of a profit boost applied to the Denver Broncos point spread against the Jacksonville Jaguars with the maximum bet of $50 entered:
The profit boost flipped the odds from -110 (standard juice) to +109. If you place this bet without the promotion, a $50 bet would profit $45.45, whereas the promo increases the profit to $54.54.
A $50 moneyline wager with the promotion applied on the Jaguars to beat the Broncos outright changes the Jags’ moneyline wager from the listed +220 to +264, which would payout $182 including your original $50 stake.
This DraftKings promotion isn’t limited to NFL point spreads and moneylines. Customers who have opted into the promotion can use it on any NFL wager DraftKings offers, such as live bets, player and game props, etc. Parlays and same-game parlays are ineligible for this promotion, as are using free bets and cashed-out bets to fund your wager. The profit boost promotion also cannot be used on “odds boosts.”
Same Game Parlay Insurance
DraftKings’ other main promo for NFL betting entails the popular and prominently promoted same-game parlay (SGP).
Build a SGP of at least two bets and if the parlay busts, the amount you wagered will be refunded as a free bet up to $25. To play, opt into the promotion and tap on any NFL game for Week 2, which will then take you to this screen:
You must toggle on the “Same Game Parlay” slider, circled in yellow above, to activate the feature and build a parlay that qualifies.
DraftKings also offers an unrivaled selection of pools across a variety of sports. Customers can play for free or enter for money. Select the “Pools” tab from desktop or mobile app to browse a lengthy selection.
Big Bet Bonus
For the high rollers who place a single wager of at least $600 on any bet, DraftKings will automatically award you with a $300 free bet. Stipulations of this promotion are that the wager must be on odds of -200 or greater (i.e. -200, +150, etc.) and can only be done once.
BetMGM has matured to rival other top-tier sportsbooks with its variety. Visit the promotions page and you’ll find dozens of promos including parlays, player props and free bets.
Customers can earn increased profit boosts on their parlay cards depending upon how many legs they add. A minimum four-leg parlay receives a 15% profit boost paid in free bets. Here’s how the rest shake out:
- Five-leg = 20%
- Six-leg = 30%
- Seven-leg = 40%
The max bet on any of these parlays is a whopping $1,000. the minimum is 50 cents.
Below is a screenshot of BetMGM’s current promotions, many of which are tailored to NFL and college football wagering.
Caesars has completely revamped its promotions after acquiring William Hill and giving the platform an emperor’s makeover. Anyone who visited the William Hill promotions page didn’t have to scroll. Now, well, see for yourself.
Super Bowl LVI Royal Giveaway
Caesars offers its patrons a chance for tickets to the greatest sporting event in the history of Western civilization along with a two-night stay in Sin City. A private jet will take you from Vegas to the big game in Los Angeles and back again. In addition, this promo also offers monthly entries for NFL tickets and hotel stays. The catch: Wager at least $10 on each of your NFL bets with a minimum of -200 odds throughout the season.
Ringer Million Dollar Picks
Every Sunday during the NFL season, FanDuel players can place free bets for a shot at $5,000 in prizes. FanDuel supplies each customer with 1 million tokens to start each week and can place a maximum of 250,000 tokens per bet on either the spread, moneyline or total points for each matchup to build a betslip. At the end of each week, the players who have accumulated the most tokens from winning wagers share the prize pool.
Customers pick the highest- and lowest-performing NFL teams across varying stat categories. The closer a customer comes to actual results, the more points earned. A perfect scorecard earns at shot a $1 million while weekly top performers can win a share of $5,000.
Same Game Parlay Bets
Much like DraftKings, FanDuel also offers a promotion on SGP. Unlike its longstanding competitor, FanDuel’s SGP is somewhat rigid.
FanDuel requires a minimum three-leg parlay to qualify and the max refund is $10 if the parlay busts. FanDuel also ties odds of +400 or greater for your SGP to qualify for a refund (i.e. +450, +500, etc.). Not a bad promo but it could be better considering what competitors offer.
For more information on where and when to bet NFL games every week to get the most value, visit our dedicated article.
Mario Sanelli writes about sports betting for BeerLife Sports. He previously was the editorial assistant and a general-assignment reporter at The Denver Post for five years after serving as chief editor of The Metropolitan at MSU Denver. Mario was a NFL and college football insider with Mile High Sports for six years.