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.
- 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.
Read full BetMGM profile → - 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.
Read full FanDuel profile → - 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.
Read full bet365 profile → - 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.
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