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Best Sportsbooks US / Sportsbook Referral Bonus 2023

Sportsbook Referral Bonus 2023

Betting Sites with Referral Bonus

Last Updated on 26/11/2023

If you’re interested in how you could benefit from a sportsbook referral bonus, then you’re in exactly the right place. Referral bonuses are becoming more popular every day, so we’ve put together this guide to help you.

If you have seen a sportsbook refer a friend offer and do not know what is in it for you, then we’ll tell you what you need to know to get the most out of it. Or if you’re just looking for betting sites with referral bonus offers, we’ll show you how you can easily find them.

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Who should make use of the comparison? How we help you find the best sportsbook referral bonus

Referral bonuses are not offered by all sportsbooks, so finding the best sportsbook deals for referral bonuses can take time. The basic principle is that if you recommend a friend to join a sportsbook, you both get a bonus. While this bonus can vary in size from sportsbook to sportsbook, you’ll have to agree this is a good all-round win/win situation.

What this guide can do for both experienced users and those who are relatively new, is take you through the best ways to find the betting sites with referral bonus programs, so you can see what’s in it for you. Maybe you have never referred anybody before and want to make sure you get it right.

More advanced bettors might have a network of friends they wish to refer and want to find out where they can get the greatest benefits for both them and their friends. If you are either of these people (or maybe even somewhere in between), then this guide is for you.

5 ultimate tips for using bonuses – getting the best from a sportsbook referral bonus

Sportsbook referral bonuses are not exactly the same as regular welcome bonuses, but they work in much the same way. So you can use these tips to get the best from both the welcome bonus and any subsequent bonus you get for referring a friend.

Check what the bonus is

Referral bonuses vary between sportsbooks, and sportsbooks can also change what is on offer. Always check the referral bonus is something you can use, and not something like a bunch of bonus bets on a sport you know nothing about.

Check what the exclusions are

Before you refer your friend, make sure they are eligible to join by checking the basics like that they haven’t had an account there before, or if it’s a re-branded site, that they weren’t members of the old site.

Check for wagering requirements

Before referring people, make sure that the bonus both you and they are getting doesn’t have a long list of requirements that will mean you make no money, and you end up with a very confused and disappointed friend.

Keep records of where you are

It’s possible that you have referred several people, and have your betting app promos running concurrently, so it might be easy to lose track of where you are. So, as ever, write things down as you do them so that you don’t get lost.

Look for bonuses that can be repeated easily

If you are able to refer people constantly, then look for a bonus you can make the most of easily, and that you can repeat every time one of your friends joins the same sportsbook. This way, you’ll make the most of each opportunity.

Editor’s recommendation – the best sportsbook referral bonus

As you’ll see next, we have a team of reviewers who check out all of the operators, and pretty much do your homework for you, and we even give you more information such as which betting sites with sign up offers give the best referral bonuses. They report back on everything they find, including extra benefits like a sportsbook refer a friend program.

Our reviewers rate each operator overall and come up with the ‘best’ operator, but that won’t necessarily mean that they have the best sportsbook referral bonus, so to come up with a recommendation, we had to look a little deeper.

We were looking for one that had been running this program for some time; this is so it would be less likely to cancel it at a moment’s notice. We were also looking for an operator that had a proven track record at a number of locations, so as many people as possible could benefit from this recommendation.

After taking all of that into consideration, we have chosen DraftKings as your editor’s recommendation for referral bonuses. They are active in 17 states and have a long-established referral program. While the bonuses they offer for this will vary over time, they are offering a bonus bet up to $100, which is very attractive.

Sports Bonus
4.9/5
DraftKings
Sports Bonus
4.9/5
Bet $5 Get $150 Instantly
Welcome Bonus
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T&Cs apply, 21+
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What we look for when reviewing bonuses – how we rate betting sites with referral bonus offers

As you saw earlier, whether or not a sportsbook has a referral bonus is just one of the things we will tell you about. There are many others as well, but here are some of the key elements we examine on your behalf.

  • What are the terms and conditions? We check out the small print and let you know anything that looks out of the ordinary (although we recommend you should also read them yourself before joining).
  • How does the bonus work? We look at what you’ll be getting, and if you need a special promo code to unlock the offer or make some form of qualifying bet.
  • What are the wagering requirements? We let you know what you’ve got to do and by when, so you don’t end up signing up for something you can’t do and end up missing out.
  • What can’t you do? Bonuses will often have rules like you have to wager above certain odds, and you can’t use a cash-out button; we’ll let you know about those.
  • How does the bonus perform? We check if the bonus is all it says, and if you might be better off elsewhere.
  • Can you get the bonus? We also look at restrictions like if you can get the bonus if you already have an account, or if you still qualify for certain payment methods.
  • Is the sportsbook legit? We check that the operator is licensed in your state, and that their online feedback doesn’t set any alarm bells ringing.

Finding the right bonus for you – helping you locate the best sportsbook referral bonus

As you have now seen, our reviewers leave no stone unturned, and they all check out sportsbook operators using the same criteria. This means that you can compare all of the operators easily, which is especially useful when you are trying to find the best sportsbook bonus codes and the best sportsbook referral bonus.

This is because not all sportsbooks have them, and you could spend hours checking them all out, looking for exactly what you want. Instead of doing that, you can use our reviews to do the hard work for you. You will be able to see how we rate each one, and the features they offer, far more easily.

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Overview of bonus types – a sportsbook referral bonus is not the only type of bonus available

Of course, to have got to the point that you can refer other people to a sportsbook, you will have almost certainly claimed some sort of bonus before. However, you may not be aware that there are many types of bonuses available across a wide range of sportsbooks.

The risk-free bet

This seems to be the most popular type of welcome bonus that is currently available. The reason for this is that the sportsbook risk free bet is a simple bonus to complete and doesn’t typically come with a laundry list of things you need to do before you can withdraw your profits.

It works quite simply. If your first bet loses, then you will have your account credited with free bets or a site credit to the same value as your lost bet. These free bets will usually have to be used within a certain time period and might have to be placed at certain odds or above, but extra little rules like this will vary between operators.

A deposit match

Deposit matches are also quite popular, and these involve the sportsbook giving you free bets of a percentage of your deposit. This initial amount is usually a 100% match and can drop to 75% or 50% if the operator offers deposit matches for subsequent deposits.

Sportsbook deposit match bonuses do normally have wagering requirements, meaning you have to wager through that amount a certain number of times, typically more than 10x. This might sound excessive, but if planned and executed correctly, can have its benefits.

Free bets

This differs from the two offers above in that these free bets are at a set level or credited to your account incrementally. An example of this might be ‘bet $50 on the first game of the regular season and get a free $10 for each round until the play-offs’ or a more simple ‘bet $50 or more to get $20 in free bets’. These types of offers might seem weak as welcome bonuses, so are more frequently used as reload bonuses or for promotions linked to specific events.

No-deposit bonus

No-deposit bonuses are not often offered by sportsbooks and tend to be seen more in casinos. However, we are covering them here so that if you see one, you’ll know exactly how it works. This type of bonus is available in between registration and your first deposit and is likely to have some pretty firm restrictions attached to it.

There are likely to also be wagering requirements before you can withdraw any of your winnings, and again these are likely to be quite extensive. You may even have to make a deposit before you can withdraw. They do, however, allow you to ‘live test’ the sportsbook before you commit to making a deposit.

Further assistance – there’s more to see than just this sportsbook referral bonus guide

We have a massive store of information that can help you on your sports betting journey. You’ve seen the value in this guide, and you'll be pleased to know it’s not the only one available. In fact, it’s just the tip of the iceberg:

  • Reviews and comparisons: Everything you need to know about every operator, from their day to day running to the bonuses they offer, all set out in easy to read reviews, so that you can compare them at a glance, or simply just check out our ratings to see who is top of the pile for both sportsbook and casinos.
  • A range of extensive guides: A range of guides covering everything you need to know about the whole sports betting process, including payment methods, which will be very useful when it comes to making sure you qualify for the best bonuses.
  • Betting guides: We’ll also cover what you need to know about betting on all your favorite sports, and the specific things that affect odds/spreads and results before and after the event starts.
  • Strategy guides: We look at all of the different ways you can bet to a plan in the long term, helping you to find the best strategies out there, including EV betting, which is at the heart of many of them.

In short, whatever you are looking for, you’ll find it here – so check back regularly for updates.

The best sportsbooks, as chosen by the PromoGuys

BetMGM
1.
Favicon
4.9/5
up to $1,500 back in Bonus Bets
Virginia
Players from Virginia accepted
PayNearMe
PayPal
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Virginia (US) Lottery Board
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T&Cs apply, 21+
DraftKings
2.
Favicon
4.9/5
Bet $5 Get $150 Instantly
Virginia
Players from Virginia accepted
PayPal
VIP Preferred
Play+
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
FanDuel
3.
Favicon
4.8/5
Bet $5 Get $150 in Bonus Bets + 3 Months of NBA League Pass
Virginia
Players from Virginia accepted
Prepaid Card
PayNearMe
PayPal
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
Bet365
4.
Favicon
4.7/5
$1000 in Bonus Bets
Virginia
Players from Virginia accepted
Virginia (US) Lottery Board
Visit Site
Place your first cash bet up to $1,000, and if the bet loses, you will have your wager refunded in Bonus Bets. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetRivers.com
5.
Favicon
4.6/5
Virginia
Players from Virginia accepted
PayNearMe
Bank Transfer
VIP Preferred
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+

Sportsbook referral bonus FAQ

🤑 Which is the best sportsbook referral bonus?

This is hard to answer, because which one you think is best will depend on what you are looking for. By reading our free guide, you’ll see our recommendation, as well as how you can save time finding one for yourself.

💭 Where can I find betting sites with referral bonus offers?

Not all sportsbooks have a referral bonus, so you can save time in finding what you are looking for by reading our free guide, which will tell you everything you need to know.

💰 What do I get from a sportsbook refer a friend bonus?

By referring a friend, you might both receive a bonus, but what that is will vary depending on where you go. To see which is the best operator with the best offer in your state, check out our free online guide.

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BetMGM
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BetMGM
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FanDuel
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