21+ Must be 21 or older to play
Editorial Picks Re-evaluated April 2026

Best Sportsbook for New Users

Welcome offers vary wildly in headline value and actual usability. A '$1,500 first bet' only matters if you can use it, and bonus bets are worth significantly less than cash. These are the offers we think give new users the best practical value right now.

  1. 01 Highest cap

    BetMGM

    Highest headline first-bet offer

    BetMGM consistently runs the largest first-bet offers ($1,500 in many states). High variance: only valuable if you actually win the qualifying bet. But the upside cap is the highest in the market.

    Parent MGM Resorts International & Entain plc (50/50 JV) States 26 Welcome offer First Bet Offer Up to $1,500 in Bonus Bets
    Read full BetMGM profile →
  2. 02

    FanDuel

    10 No-Sweat Bets; best EV

    FanDuel's '10 days of No-Sweat Bets' splits the bonus across 10 daily wagers, dramatically improving realized value vs a single first-bet refund. The most user-friendly structure on the market.

    Parent Flutter Entertainment plc (NYSE: FLUT) States 26 Welcome offer Bet $5, Get $350 in Bonus Bets Guaranteed (over 7 days)
    Read full FanDuel profile →

    FanDuel offer terms: New customers only. 21+ and present in a state where FanDuel Sportsbook is licensed. First online real-money wager only. $5 minimum first wager; $350 issued as non-withdrawable Bonus Bets that expire 7 days after receipt. Restrictions apply. See sportsbook.fanduel.com for full terms.

    Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ and present in select states. FanDuel is offering online sports wagering in Kansas under an agreement with Kansas Star Casino, LLC. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

  3. 03

    bet365

    Bet $10, Get $365; guaranteed payout

    bet365's signature offer pays $365 in bonus bets win or lose on a $10 first wager. The lowest-variance new-user offer in the US: you cannot lose the bonus by losing your first bet.

    Parent Hillside (Gaming) ENC (private) States 18 Welcome offer Bet $10, Get $365 in Bonus Bets (Win or Lose)
    Read full bet365 profile →
  4. 04

    DraftKings

    Bonus bets + NCAA-tournament perks

    DraftKings stacks $200 in bonus bets with seasonal NCAA Tournament profit boosts in the spring. Strong combined value during March and April.

    Parent DraftKings Inc. (NASDAQ: DKNG) States 30 Welcome offer Bet $5, Get $200 in Bonus Bets
    Read full DraftKings profile →