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Top sportsbooks don’t just offer competitive odds and markets—they also provide a variety of promotions to reward their players. These promos give bettors extra value, opportunities to boost their bankrolls, and sometimes unique ways to engage with the app. Our expert has broken down the main types of sportsbook bonuses you can expect to find and how they work to benefit you.
### Fanatics Fair Play
Fanatics launches the Fair Play Policy, offering protection for player prop bets. Receive refunds or wins if a player leaves the game early.
If Patrick Mahomes is injured, LeBron James departs the game, or Connor Bedard is checked out in the 1st half, Fanatics will refund or void your bet.
* Single bets can receive refunds
* Player props in parlays are void, but the parlay continues
* Applies to injuries in 1st half only

Fanatics’ Fair Play policy has rescued over 500,000 bets, saving US sports bettors more than $10 million.
Fanatics covers all your beloved sports with Fair Play, with more markets on the horizon. Currently, Fanatics Fair Play includes:
* NFL - 1st Half
* NBA - 1st Half
* NHL - 1st Period
* MLB - Pitchers (Three or fewer outs) - Batters (One plate appearance or fewer)
* MLS - 1st Half

Tired of losing out on player props and parlays due to injured players? Rest easy—Fanatics Fair Play promo eliminates this issue.
### Sports Bonuses
One of the most popular promotions is the “Bet $5, Get $150” style bonus. These offers typically allow new players to place a small initial bet, and if certain conditions are met (like the bet losing), they receive a large amount in bonus bets continue playing. Existing customers often get smaller, recurring versions of these bonuses, which reward loyalty without the big upfront bonus.
How it works:
* New players place a qualifying bet, usually a minimum amount like $5.
* If the bet doesn’t win, the sportsbook credits the account with bonus bets (e.g., $150).
* These funds can often be used to place additional bets, but may come with wagering requirements.

**Featured Example:** bet365
* Bet $5 Get $150 Win or Lose is our favourite style of this promo when it comes to sports betting apps, offering players bonus bet regardless of the outcome of their first wager.
### Deposit Match
Deposit match promos are a popular way for online sportsbooks to reward new and existing players by matching a percentage of their deposit with bonus bets. Unlike some other promotions, many deposit matches require no wagering requirements, meaning players get extra bonus bets without needing to roll it over multiple times before withdrawal.
How it works:
* You make a qualifying deposit, often up to a certain limit (e.g., $1,600).
* The sportsbook matches a percentage of that deposit, sometimes 100%, with bonus bets.
* These bonus bets can be used to place bets, giving you extra value for your money.
* Because there are no wagering requirements, any winnings from bets placed with the bonus money can usually be withdrawn immediately.

This type of bonus is ideal for players who want a straightforward boost to their bankroll without complex terms.
**Featured example:**
* BetMGM’s GOALMAX1500 deposit match is a great example of this promo. It rewards new players by matching their deposit up to $1,500, allowing them to get more betting power from the start. Plus, the lack of wagering requirements makes it easy to understand and use.
### Bets Returned / Safety Net
Bets returned or safety net promotions give players peace of mind by refunding their stake if certain conditions aren’t met, such as if the bet loses or if a specific event happens. This means you can place a bet knowing that if it doesn’t go your way, you might get your money back, usually as bonus bets or site credit.
How it works:
* You place a qualifying bet on the sportsbook app.
* If the bet loses (or if a particular outcome occurs, like a game cancellation), the sportsbook refunds your stake.
* Refunds are often given as bonus credits or free bets, which you can use to place more bets.
* These promos reduce the risk for players and encourage more betting activity.

This type of offer helps new and cautious sports bettors try out betting with less worry, while also rewarding loyal customers with recurring safety net promos.
**Featured example:**
* bet365 offer a $1,000 first bet returned for all new customers. Make the most of your first wagers, with this handy promo in your back pocket.
### Odds Boosts
Odds boosts are one of the most popular promotions on sports betting apps. They enhance the price on selected bets, giving players the chance to win more than they would with standard odds. These boosts can apply to big games, specific markets, or player props, making your potential payout higher without any extra risk.
How it works:
* The sportsbook selects certain bets and increases their odds temporarily.
* Players who place bets on these boosted odds get a better payout if they win.
* Odds boosts often appear daily and can cover popular sports like the NBA and soccer.

This gives bettors a clear advantage and adds excitement to placing bets.
**Featured example:**
* FanDuel is well known for its regular odds boosts, offering enhanced prices across NBA games, Premier League soccer, and more. Their boosts are easy to find in the app, often featured on the home page or within the markets section, making it simple for players to take advantage of better prices.
### Referral Bonuses
Referral bonuses reward players for inviting friends to join a sportsbook app. When someone signs up using your unique referral link or code, both you and your friend can earn bonus bets or credits. This is a great way to boost your sports betting bankroll simply by sharing the app with people you know.
How it works:
* You share your referral link or code with friends.
* When a friend registers and meets certain requirements (like making a deposit or placing a bet), you receive a referral bonus.
* Some sportsbooks also reward the friend who signed up.
* Referral bonuses often have limits on how many people you can refer or how much you can earn in total.

This promo encourages community growth and rewards loyal users for spreading the word.
**Featured example:**
* DraftKings Sportsbook has a popular referral program where users can earn bonuses by inviting friends. The program is easy to use, and bonuses are credited quickly after a successful referral, helping you increase your betting funds effortlessly even from their betting app.
### Loyalty Rewards
Loyalty rewards programs are designed to thank regular players by giving them points, perks, or credits based on their sports betting activity. The more you bet, the more rewards you earn, which can be redeemed for free bets, merchandise, or other exclusive benefits.
How it works:
* Each bet you place earns loyalty points, usually based on the amount wagered.
* Points accumulate and can be exchanged for bonuses or prizes.
* Some programs have tiers, offering better rewards as you climb higher.
* There may be caps on how many points you can earn or how often you can redeem rewards.

Loyalty programs keep bettors engaged and offer ongoing value beyond initial sign-up promotions.
**Featured example:**
* Caesars Sportsbook offers a strong loyalty rewards program where users earn Tier Credits and Bonus Bets for sports betting. These credits can be used to unlock benefits such as free bets, VIP experiences, and even Caesars Rewards for use in their casino resorts.