Best Illinois Sportsbook Promo & Bonuses for 2024

2 hours ago 1

Every sports betting site in Illinois will offer new bettors attractive sign-up bonuses and then continue to offer new promos to bettors throughout the year.

Below find a full guide to online sportsbook bonuses in Illinois including the best current IL sportsbook promos at top betting sites.

Top 4 Illinois sportsbook promos

Below is a list of the top online sportsbook promotions currently available in Illinois. Under the table you can see a detailed breakdown of each introductory deal.

SportsbookPromo CodeCurrent Offer
Caesars SportsbookNEWS1000Up to $1,000 first bet on Caesars
BetMGM SportsbookSPORTSPICKUp to $1,500 in Bonus Bets paid back if your first bet does not win
FanDuel SportsbookUse linkBet $5, Get $150 in Bonus Bets if you win + 3 Free Months of NBA League Pass
DraftKings SportsbookUse linkUp to $1,200 in bonuses + weekly "King of the Court" NBA prop token

Top Illinois sportsbook promo codes

Caesars Sportsbook Illinois promo code

The Caesars introductory offer begins with you inputting our Caesars Sportsbook IL promo code NEWS1000. If your first bet is graded as a loss by Caesars, you get a one-time Bonus Bet token equal to the full value of the bet up to $1,000. You’ll also gain immediate entry to the industry-renowned Caesars Rewards program.

States available: AZ, CO, IN, IA, IL, KS, LA, MA, MD, MI, NJ, NY, OH, PA, TN, VA, WV

BetMGM Sportsbook Illinois promo code

When you register with BetMGM Sportsbook and make your first bet, it will be backed up by bonus bets if it does not win. That means BetMGM will provide up to $1,500 in bonus bets — the amount of your first wager — if it does not win. 

Just input our exclusive BetMGM Sportsbook Illinois bonus code SPORTSPICK during your registration. This offer is available in all US states and ON (except NY, PR, NV).

Additionally, BetMGM boasts its own loyalty scheme, BetMGM Rewards, and features a variety of other special offers to explore once you're a member.

*Bonus Bets expire in 7 days. One new customer offer only. Additional terms.

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FanDuel Sportsbook Illinois Promo Code 

When you register at FanDuel Sportsbook IL via our links, its welcome offer will grant you significant bonus bets. Simply deposit at least $10 and place a wager of $5 or more, and FanDuel rewards you with $150 in bonus bets if you win, plus three free months of NBA League Pass.

Moreover, FanDuel Sportsbook frequently introduces weekly and sport-centric bonuses, including multiple NFL betting promos. Stay vigilant for these offers.

States available: AZ, CO, IL, IN, IA, KS, LA, MA, MD, MI, NJ, NY, OH, PA, TN, VA, WV, WY

See more: FanDuel vs. Caesars

DraftKings Sportsbook Illinois Promo Code

By signing up at DraftKings Sportsbook through our links, you can benefit from three bundled welcome offers totaling up to $1,200 in value. Deposit a minimum of $5, and you'll get a $50 bonus bet and an additional $150 in bonus bets after your first $5 bet, and a weekly "King of the Court" NBA prop token.  

Then, there's a 20% deposit match offer worth up to $1,000. DraftKings Illinois will provide you with 20% of whatever you deposit. To maximize this offer and get the full $1,000 bonus, a deposit of $5,000 is required. Take note that this bonus does come with specific wagering stipulations.

States available: AZ, CO, CT, IL, IN, IA, KS, LA, MD, MI, NH, NJ, NY, OH, PA, TN, VA, WV, WY

See more: DraftKings vs. FanDuel

BetRivers Sportsbook Illinois promo code

Upon registering and using our exclusive BetRivers Sportsbook IL code SPORTSRIV, you'll be eligible for a second-chance bet of up to $500. If your initial wager doesn't go your way, you'll get a bet credit matching your stake, capped at $500.

Besides this, BetRivers Illinois presents a range of additional bonuses, including frequent enhancements on daily odds. Furthermore, by enrolling in the iRush Rewards scheme, every bet you place earns you Loyalty Level Points and Bonus Store Points.

States available: MI, NJ, PA, WV

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    Illinois sportsbook promos pros and cons

    Sportsbook welcome bonuses come with advantages and drawbacks. Here are a few pros and cons.

    Pros:

    • Initial boost: They offer an initial financial boost, allowing bettors to start with a larger bankroll.
    • Trial without full risk: They allow exploring the platform and its betting options without excess risk.
    • Encourages exploration: For bettors unfamiliar with certain sports or betting types, a bonus can encourage them to venture outside their comfort zone.
    • Competitive edge: Sportsbooks with attractive welcome bonuses often have a competitive edge over other operators in attracting new customers.

    Cons:

    • Wagering requirements: Most bonuses come with wagering or playthrough requirements, meaning you must bet the bonus amount several times before it can be withdrawn.
    • Potential for over-betting: The allure of bonuses might encourage some bettors to place bets they don’t feel great about—just to meet the requirements.
    • Expiration dates: Many bonuses expire unless used within a certain timeframe.
    • Restrictions: Some bonuses are limited to specific sports or types of bets.

    It's always essential for bettors to read the terms and conditions associated with any bonus to understand its benefits and limitations fully.

    Types of Illinois sportsbook promo offers

    There are multiple types of promo offers you'll encounter at Illinois sportsbooks. Here are the most common forms.

    Welcome or deposit bonus

    A welcome or deposit bonus is a promotional strategy employed by sportsbooks and online casinos to attract new users and encourage them to make an initial deposit. Typically, when a user makes their first deposit, the platform matches a certain percentage with bonus funds.

    For instance, a sportsbook might offer a 100% deposit bonus up to $100, meaning if a user deposits $100, they receive an additional $100 in bonus funds, effectively doubling their bankroll. However, these bonuses often come with wagering requirements, which dictate that the bonus amount must be bet several times before any winnings can be withdrawn.

    This ensures that users engage with the platform and don't just withdraw the bonus funds immediately.

    Referral bonus

    Many online platforms offer a referral bonus to motivate their existing users to bring in new customers. When a current user refers a friend or family member to join the platform and that individual signs up and fulfills certain criteria (like making a deposit or placing a bet), the referrer receives a bonus.

    This could be in the form of extra funds, free bets, or other perks. The new user also gets a welcome bonus, making it a win-win for both parties. 

    First-bet offers

    First-bet offers are promotional incentives that reduce the risk associated with a bettor's first foray into the platform. For instance, a sportsbook might offer an “insured” first bet up to a certain amount, meaning if the bettor's first wager loses, they are refunded as cash or (more commonly) as a bonus bet.

    The aim is to give newcomers a sense of security, allowing them to familiarize themselves with the platform without the immediate pressure of potential losses. These “bet insurance” offers can also pop up for existing users, commonly in parlay insurance (which protects your payout if one leg of your parlay doesn’t come through.)

    Odds boosts

    Sometimes, sportsbooks enhance the potential payout on specific bets, making them more enticing to bettors. Essentially, the sportsbook artificially inflates the odds on a particular event or set of events, offering more favorable odds than the market rate.

    For example, a soccer team that originally had odds of +200 to win might be boosted to +300 for a limited time. If a bettor takes this offer and the team wins, they receive a higher payout than they would have at the regular odds.

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    Bet & get bonus

    With this offer style, bettors are rewarded simply for placing a wager, regardless of the bet's outcome. The mechanics are straightforward: when a bettor places a bet meeting certain criteria (like a minimum stake or on a specific event), they receive a bonus in return.

    This bonus is typically in the form of a free bet, bonus funds, or other perks. For instance, a sportsbook might run a promotion where if a bettor places a $10 wager on a specific game, they automatically receive a $5 free bet in return.

    App-only offers

    These exclusive promotions are available solely to users of a sportsbook's mobile app. These offers serve a dual purpose: to entice users to download and actively use the mobile app and to promote engagement and loyalty within the mobile platform.

    For instance, a sportsbook might provide enhanced odds, special bonuses, or exclusive event access to its app users. 

    Special event offers

    These offers can relate to big sports tournaments, championship games, annual sporting events, or even non-sporting occasions like holidays. The aim is to harness the heightened interest surrounding such events and entice new and existing bettors to place wagers.

    For instance, during the Super Bowl or the World Cup, a sportsbook might offer boosted odds, cashback deals, or increased bet insurance to capitalize on the elevated betting activity.

    Loyalty offers/programs

    Sportsbooks run programs that operate on points-based systems to reward and retain customers. Users accumulate points for every bet or transaction they make. Over time, these points can be redeemed for various perks, such as free bets, cashback, enhanced odds, or even tangible gifts and exclusive event tickets.

    The more users engage with the platform, the more points they earn, often leading to higher tiers or levels within the loyalty program that offer even greater rewards.

    Illinois sportsbook promo conditions

    Most promotions, especially those offered by sports betting sites, come with specific conditions and requirements. Understanding these conditions is crucial, so let’s take a closer look. 

    Banking options

    E-wallets, such as PayPal, Skrill, and Neteller, have gained immense popularity in recent years as convenient and secure methods for online transactions. However, these e-wallets are sometimes excluded from bonus-activating deposit methods regarding online sportsbooks and casino promotions. 

    Playthrough requirements

    Playthrough requirements dictate how often a player must wager bonus funds before they can be withdrawn as real money. For instance, if a player receives a $100 bonus with a 10x playthrough requirement, they would need to place bets totaling $1,000 (10 times the bonus amount) before any winnings from the bonus can be withdrawn.

    These requirements can apply to the bonus amount alone or both the deposit and bonus combined. Players must understand the playthrough requirements of any bonus, as they significantly impact the ease and feasibility of converting bonus funds into real, withdrawable cash.

    Time limits

    Time limits are pivotal in online casino and sportsbook bonuses, often constraining how long players must fulfill their playthrough or wagering requirements. These time-bound conditions can significantly impact a player's strategy and ability to utilize the bonus fully.

    The rationale behind time limits is straightforward: sportsbooks and online casinos want to encourage active play and engagement. They don't want bonuses to sit idle in players' accounts indefinitely. However, this urgency can also create challenges for players.

    Payout time

    The world of online sportsbooks is vast and varied, and while these platforms might share many common features, there's one area where they often differ significantly: bonus payout times. Just as each sportsbook has its own unique branding, odds, and betting markets, the speed and method by which they process and release bonus-related payouts can vary.

    See more: Fastest payout sportsbooks

    Maximum withdrawals

    Withdrawal limits are established for various reasons, including financial security, anti-money laundering protocols, and operational considerations. For bettors, these caps mean that even if they score a big win or accumulate substantial winnings, they might not be able to access the entire amount immediately but would need to withdraw it in chunks over a set duration. Reviewing a sportsbook's withdrawal terms is crucial to avoiding surprises and planning cash-outs effectively.

    How do I claim Illinois sportsbook promos?

    Securing a welcome bonus from a sports betting app in Illinois is straightforward, but adhering to the proper procedure is crucial. Here's a guide to ensure you get your Illinois sportsbook bonus during account registration.

    Identify the online sportsbook you'd like to join and determine the welcome offer you're interested in. If a promo code is provided, make sure you enter it precisely. If there's no code, use our provided links to initiate the registration.

    Navigate to the sportsbook's website or download their betting app. Whether on the website or app, look for the "Register" or "Sign Up" button to start the account creation process.

    During registration, you'll be prompted to input personal details, including your full name, email, residential address, contact number, date of birth, and the last four digits of your Social Security number. You'll also be guided to set up a username, password, and potentially some security questions.

    While inputting your details, there'll be a section to input the promo code if you have one. Ensure you input it accurately, paying attention to letter cases.

    You'll then be presented with a few checkboxes. Typically, one confirms your agreement with the platform's terms, while another might verify your age.

    Lastly, you might be prompted to make an initial deposit. This isn't mandatory right away, but when you're ready to do so, stay alert for any fields asking for promo codes and enter them as needed to get associated bonuses.

    Once completed, if you've secured a welcome bonus, navigate to your account details. Often, bonus amounts are displayed separately from your main cash balance.

    Illinois sportsbook promo codes FAQ

    What is a welcome bonus?

    A welcome bonus is a promotional offer provided by online sportsbooks to new users as an incentive to sign up and start using their services. It often comes in free bets, deposit matches, or bonus funds and is designed to attract and engage new customers.

    Can I have an account at more than one sportsbook? 

    Yes, you can have accounts at multiple sportsbooks. There's no rule against signing up and maintaining accounts with several sportsbook platforms. Many bettors choose to do so to take advantage of varying odds, promotional offers, and the range of betting markets each sportsbook might offer.

    What if no promo code is required? 

    If there's no code, use our links to initiate the registration. That will get the best bonus available to new customers at your chosen sportsbook. 

    How old do you have to be to bet on sports in Illinois? 

    You must be at least 21 to bet on Illinois sports.

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