Are Sportsbook Promo Codes Only for New Users?

Bettors can claim promo codes from the top sportsbooks when signing up for the first time, but what about existing users? Can you claim a promo code after using the sportsbook? Here is what you need to know.

DraftKings Promo Code

Bet $5, Get $200 in bonus bets instantly!

GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit gamblinghelplinema.org (MA). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. Wagering offered by DK Sportsbook. 1 per new DraftKings customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. Ends 6/28/26 at 11:59 PM ET. Sponsored by DK.

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FanDuel Promo and Offer

Up to $1,000 Bet Reset Tokens!

Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ D.C., KY, WY) and present in select states (for KS, in affiliation with Kansas Star Casino). First online real money wager only. Min $5 wager required for 5 consecutive days. $5 first deposit required. Bonus issued as nonwithdrawable bonus bets which expire 7 days after receipt. Restrictions apply. See terms at sportsbook.fanduel.com. Call 1-877-770-7867 (LA).

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bet365 Promo and Offer

Bet $10, Get $150 in bonus bets

Minimum $10 deposit required. Minimum odds -500 of greater. Bonus Bets wager excluded from returns. New customers only. This code is used for marketing and tracking purposes only. T&CS, time limits and exclusions apply.

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Welcome Bonuses are for New Users

In online sports betting, there are different types of promotions. The most common is a welcome offer. This type of bonus or promo code is only for new users. It is a way to entice new bettors to sign up. Usually, the welcome offer applies to your first wager as a new user.

For example, you might see a promo code that gets a welcome offer that allows a $5 bet to earn $200 in bonus bets. After registering and claiming the offer, you are no longer eligible to score the bonus.

What About Existing Users?

Now, what about existing users? Can they claim offers and bonuses? Yes. Sportsbooks have tons of different ways that they will reward existing customers. Let's look at some of the most common.

Common Sportsbook Promos, Bonuses for Existing Users

Existing users can score bonus bets, boosts, parlay insurance, and more with the top sportsbooks. Here are some examples.

• Boosts
  • A sportsbook will boost the odds to improve the payout of specific wagers.
• Profit Boosts
  • This is when a sportsbook adds a percentage to your profit if you win your bet.
• Parlay Insurance
  • A sportsbook might protect certain parlay bets and give you a refund if one leg doesn't win.
• Refer a Friend
  • You can score bonus bets from sportsbooks for referring friends and getting others to sign up, as well as make a deposit.

Will Existing User Promotions Be Automatically Applied?

No. Sportsbooks usually have a 'Promos' section on their app or website for users to check out the latest boosts, promos, and more. You have to opt in to most of these offers. Sometimes, that's as simple as clicking on the promotion in the promos section. Other times, you might have to select a token or opt in button in your bet slip when making your wager.

BetMGM, Caesars, and Others Have Rewards Programs

Another way that sportsbooks reward customers is through rewards programs. Operators like BetMGM, Caesars, DraftKings, and FanDuel have rewards programs to keep users on the platform. Most rewards programs are a tier system. The more you bet, the higher you move up and the more perks you can earn. Perks can include bonus bets, merchandise, experiences, and more.

21+ and a Gambling problem? Call 1-800-GAMBLER. Responsible gaming resources.