Best MLB Sportsbook Promos Ranked by Bonus Bets and App Review

Claim up to $500 in bonuses from three exclusive sportsbook promos

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The 2024 MLB season is about to get underway and FanSided readers can claim the three best sportsbook sign-up bonuses available - totaling up to $500 in rewards!

FanDuel, DraftKings and Bet365's new-user promos give you a chance to win $500 in bonus bets just by betting $15. No matter what, you'll get at least $300 just for trying.

See below how to claim each exclusive bonus and reviews to see which sportsbook might be the best for you.

Latest Sportsbook Promo Offers

Sportsbook

Bonus

Minimum Deposit

Minimum Bet

Mobile App?

FanDuel

$200 if your first bet wins

$10

$5

Yes

DraftKings

$150

$10

$5

Yes

Bet365

$150

$10

$5

Yes

Best Sportsbook Promo Offer for New Users

All three of these promos are excellent offers. FanDuel has the largest bonus available but you have to win your first bet to get the $200, while DraftKings and Bet365 will both give you $150 in bonus bets, win or lose. Claim all three to start the season with up to $500 in bonuses!

How to Claim FanDuel Sportsbook Promo Code

Follow these steps to claim a shot at $200:

1. Click here to sign up for FanDuel (no promo code required)
2. Deposit at least $10 into your account
3. Bet $5 or more with your first wager

That's it! If your bet wins, you'll get those winnings plus $200 in bonus bets to use freely.

Note that you must deposit at least $10 to activate the bonus, though your first wager only has to be $5. You must win your bet but it can be on anything you want, even a massive favorite!

Only new FanDuel users in states with legal sports betting can claim this limited-time offer. Start the season with a $200 bonus - click here to sign up for FanDuel now!

FanDuel Sportsbook Promo Code Details

Bonus

Minimum Deposit

Minimum Bet

Eligibility Requirements

Bet Requirements

$200

$10

$5

21+ and in a state with legal sports betting

Must win

How to Claim DraftKings Sportsbook Promo Code

Following these steps will get you an instant $150 bonus:

1. Click here to sign up for DraftKings (no promo code necessary)
2. Deposit $10 or more into your account
3. Bet at least $5 with your first wager

Boom! Upon placing your bet, you'll instantly be rewarded with $150 in bonus bets to use however you see fit.

While you don't need to win your wager, make sure you've deposited $10 or more to activate the bonus. DraftKings' unique rewards system allows you to build 'crowns' to redeem for prizes and once-in-a-lifetime experience, making it one of the top sportsbooks on the market!

This offer is also only available to new users and won't last. You can have your bonus in the time it takes to drink a cup of coffee - click here to sign up for DraftKings today!

DraftKings Sportsbook Promo Code Details

Bonus

Minimum Deposit

Minimum Bet

Eligibility Requirements

Bet Requirements

$150

$10

$5

21+ and in a state with legal sports betting

None

How to Claim Bet365 Promo Code

If you follow these steps, you'll get an additional $150 guaranteed:

1. Click here to sign up for Bet365 (no promo code needed)
2. Deposit at least $10 into your account
3. Bet $5 or more on any wager

Once your wager settles, you'll receive $150 in bonus bets regardless of your wager's outcome.

Just like the other promos, you need to deposit at least $10 to activate the bonus, though that first wager can be only $5 and on any game you want.

Bet365 differs in that it's only available in Colorado, Iowa, Kentucky, New Jersey, North Carolina, Louisiana, Ohio, and Virginia. Click here to sign up for Bet365 now!

Best Sportsbook Promo Rankings

Sportsbook

Bonus

Minimum Deposit

Minimum Bet

1. DraftKings

$150

$10

$5

2. Bet365

$150

$10

$5

3. FanDuel

$200 on winning bet

$10

$5

I'd personally put DraftKings at the top because you get an automatic, instant $150. Bet365 is second because you still get a guaranteed $150, though it doesn't hit your account until after your wager settles.

While FanDuel has the biggest bonus available, you must win your wager. I'll put it third given that caveat, but it's still an excellent promo. Click the links below to sign up for all three sportsbooks!

Best Sportsbook App Rankings

Ranking

Sportsbook

1

FanDuel

2

DraftKings

3

Bet365

I put FanDuel at the top due to its quick loading speeds, user-friendly interface and easy navigation that lets you effortlessly search for bets and browse through the various markets.

The other two apps have great layouts as well though, and all three offer competitive markets and unique exclusive odds boosts that make it worthwhile to log-in to all three each day.

It's also possible that each sportsbook will have different odds for the same bet, so I recommend shopping around before locking in a wager to ensure you don't miss out on any value!

What Are Bonus Bets?

Bonus bets are essentially wagers that let you use house funds without risking your own money! If you use a bonus bet and win, you'll get the profit from that bet but not the stake.

If, for example, you won a $25 bonus bet at +200 odds, you'd then receive $50 that can be wagered with or withdrawn using a transactional method of your choice.

How to Use Bonus Bets

When you fill out a bet slip at each sportsbook, you'll be prompted to use a bonus bet (if available) or your real money. Check the 'Bonus Bet' box and you're all set!

Note that your bonus bets expire seven days after you receive them, so stay active and check out your accounts each day to make sure you don't miss out.

Click the links below to sign up for these sportsbooks and claim your welcome bonuses!

Odds refresh periodically and are subject to change.