By sportsbook
Every welcome offer, ranked by what it's really worth
Headline bonus numbers aren't cash — a bonus bet doesn't return its stake, so its real value is what it converts to. The board below shows each book's current offer and the cash value (~70%+ of face value) you can realistically lock in by covering both outcomes. Tap a book for the full breakdown.
| Sportsbook | Welcome offer | Est. cash value | States | Difficulty |
|---|---|---|---|---|
| Fanatics | Up to $1,000 FanCash over 10 days (10× $100 match) | ~$600 | 24 | Medium |
| BetMGM | First-bet safety net up to $1,500 | ~$520 | 23 | Medium |
| theScore Bet | First-bet Bet Reset up to $1,000 | ~$320 | 20 | Easy |
| bet365 | Bet $10, Get $365 in bonus bets (app only) | ~$290 | 17 | Easy |
| Golden Nugget | First bet matched up to $250 in bonus bets | ~$200 | 2 | Medium |
| BetRivers | First-bet safety net up to $500 | ~$180 | 15 | Medium |
| DraftKings | Bet $5, Get $200 in bonus bets (8×$25 over 21 days) | ~$160 | 28 | Easy |
| Caesars | Bet $1, get 10× 100% profit boosts | ~$120 | 24 | Easy |
| FanDuel | Bet $5/day for 7 days — up to $350 in Bet Reset tokens | ~$110 | 25 | Easy |
| Hard Rock Bet | Bet $5, Get $100 in bonus bets (5×$20 over 5 weeks) | ~$80 | 10 | Easy |
| Borgata | Bet $20, Get $100 in bonus bets (code required) | ~$80 | 1 | Easy |
| Bally Bet | Bet $10, Get $50 in bonus bets | ~$40 | 12 | Easy |
Values are national defaults — some books run different offers in some states (each book page lists them). Offers change often; always verify at the sportsbook.
New to this?
The method is the same for every book: place a qualifying bet, cover the other outcome at a second book, then convert the bonus bets the same way. Read the bonus-bet conversion guide, try the interactive demo, or see what's available in your state.
Bonus Edge is an educational tool, not a sportsbook. 21+ (18+ in some states). Gambling involves risk. Call 1-800-GAMBLER.