As Copa America begins the semifinal stage, you can sign up for leading sports betting apps and place wagers for bonus value on Argentina vs. Canada, Uruguay vs. Colombia or any other soccer market.
These books include FanDuel and DraftKings are offering welcome promos for new bettors. So, if you haven’t bet before or are new to a specific book, we’ll walk you through the best sports betting promos available.
1. FanDuel
FanDuel promo code: no code necessary
Bet $5, Get $200 if your bet wins + daily boosts/bonus
FanDuel offers new customers a bet/get style promo; however, you need to win your first bet in order to access the $200 in bonus bets. Luckily, there aren’t any odds requirements so you can find any market or favored odds you like for a better chance at winning your first bet.
If you win your first bet, you receive the profit and your stake back immediately. Then, the bonus bets hit your account within 72 hours and last for seven days.
Click the module below or use this link to find the FanDuel sign-up page as the first step to activating the offer.
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2. DraftKings
DraftKings promo code: no code necessary
DraftKings is currently splitting its welcome promos among its sports betting states:
In 13 of the DraftKings states, you can get $150 in instant bonus bets by setting up a new account and making at least a $5 deposit and wager on any type of bet. No matter how the bet settles, you earn the bonus instantly from the wager alone.
The bonus bets work similarly to the FanDuel offer in that they last for seven days and can be used as currency within the platform. If you win a bonus bet wager, you profit the cash while the stake goes to the house since you can only use the bonus bets once through.
Meanwhile, the other states find an enhanced version of the same offer. Structurally, everything is the same about this offer except your $5 deposit and wager earns $300 in bonus bets vs. $150 in the other locations.
3. BetMGM
BetMGM is the first book on our list that provides the choice between two introductory offers with unique BetMGM bonus codes. Among its locations, New York is one of the states excluded from either promo.
BetMGM offers one of the few deposit matches among major books and this promo doesn’t require a first bet to get started. You’ll need a new account using the bonus code followed by a deposit of $10 or more.
However, BetMGM does have a cash betting requirement to meet once you make the deposit. Once you meet the requirement, you can withdraw the cash in your account.
You’ll need to cash bet 10x the bonus earned in the first 30 days of your new account. Here’s a quick example:
Let’s say I make a $500 deposit and earn $100 in bonus bets.
- First, I’ll have seven days to use the bonus bets. I can profit cash from the bonus bets but can’t withdraw the cash until I meet the next requirement.
- I’ll need to cash bet a total $1,000 within 30 days which frees up the cash in my account
Alternatively, you’ll find a first bet insurance offer which is quite common among the books on this list. However, BetMGM currently offers the highest value at $1,500 allowing you to make a larger first wager and still recoup bonus bets if the bet doesn’t go your way.
Any first bet insurance offer you find has two potential outcomes:
Win – You profit cash and keep your stake with no bonus bets earned in this scenario
Miss – BetMGM matches whatever your stake loss was with bonus bets
If your bet is $50 or less, BetMGM sends one bonus bet chunk to cover the miss. Meanwhile, $51 or more means BetMGM splits the bonus bets into five payments.
4. bet365
bet365 bonus code: SHNEWS
This is another first bet insurance you’ll find on the list and can be activated through a new account, minimum $10 deposit and a cash bet of any size on any market or odds.
It makes sense to use this on underdogs or larger wagers. Let’s say I place $200 on Canada +420 to upset favored Argentina in the Copa America semifinals.
- A win profits $840 in cash and returns my $200 stake. In this outcome, I don’t earn bonus bets but have $1,040 to use within the platform or withdraw.
- If it doesn’t go my way, bet365 deposits $200 in bonus bets to reimburse my miss within an hour of bet settlement
The alternative bet365 promo is quite similar to the DraftKings national offer with a few more requirements. First, the deposit requirement is larger at $10 vs. $5 and your first bet will need to be on -500 or greater odds.
Let’s take the same match between Argentina and Canada as an example.