The handle for Indiana sports betting will soar to over $5 billion in 2024. So, to earn a bigger slice of a competitive field, the best sportsbooks, like DraftKings, FanDuel, bet365, and Caesars, generate competitive Indiana sportsbook promos and bonuses. This guide will dig into the best betting offers and IN sports betting promos available today.
Top Indiana sports betting promos
Features
- Some of the best live-betting odds.
- Great deposit options.
- Earn MGM Rewards from betting activity.
BetMGM Review
BetMGM is one of the top-rated sportsbooks in the U.S. offering some of the best live betting odds in the industry. They’re also the largest iGaming operator across the U.S.
Features
Features
- Extensive live betting options.
- More markets than any other sportsbook.
- One of the best apps in the industry.
bet365 Review
Terms and conditions: Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.
bet365 is one of the largest and most popular sportsbooks globally. With a well-received mobile app, popular same-game parlays, and a wide variety of sports leagues to bet on it’s no wonder 80 million sports bettors worldwide continue to use bet365.
Features
Bet $1, Get 10x 100% Profit Boosts
New users only. Must use promo code. Min. $10 deposit. Max. additional winnings $2.5K per token. Tokens expire in 14 days. Void where prohibited. Full terms.
Features
- Earn Caesars Rewards from betting activity.
- Live streaming of NFL games.
- User-friendly mobile app.
Caesars Sportsbook Review
Caesars is proving to be one of the most aggressively expanding brands in sports betting. Unfortunately, like all major U.S. sportsbooks, they are quick to limit you if you go on a tear and their odds boost promos offer low maximum bet limits.
Features
Features
- Top-tier app experience.
- Same Game Parlays and SGP+.
- Extensive promos and odds boosts.
FanDuel Review
FanDuel reigns supreme right now as the No. 1 betting site in America. And it has largely earned that spot on the strength of superior brand recognition, an easy-to-use product, an overwhelming number of markets for North America’s most popular sports, and representation in every state in which it is permitted to offer legal sports betting.
Features
Features
- Live in 21 states
- Extremely powerful brand history and recognition
- FanCash reward system is great for sports fans
Fanatics Sportsbook Review
Fanatics Sportsbook has launched its app in 22 states already, with plans to expand to more in the near future. Fanatics is poised to be a major player in the sports betting industry.
Features
Features
- Lots of promos and odds boosts.
- Wide range of sports and bet types.
- Seamless integration with DFS.
DraftKings Review
DraftKings had a solid reputation as the leading DFS provider in the country, so the shift to legal sports betting felt natural. They offer one of the most voluminous collections of ongoing promos and odds boosts in the industry as they cater to the beginner crowd.
Features
All Indiana sportsbook promo codes
The best Indiana sports betting apps all know that the best is yet to come, and new players are the key to success. So, they’ve made it easy to earn various sign-up welcome bonus offers with and without promo codes.
Only BetMGM, BetRivers, bet365, and Caesars require promo codes to be entered during the first deposit. Most of the 11 sports betting apps available in the Hoosier State each offer welcome bonuses that fall into three categories -- first bet insurance, deposit match bonus, and bonus betting credits.
Indiana sportsbook 🏆 | Welcome bonus 💰 | Promo code ✅ |
---|---|---|
⭐ BetMGM | Up to $1,500 in bonus bets | SBRBONUS |
⭐ Caesars | Bet $1, get 10x 100% Profit Boosts | SBRBONUSDYW |
⭐ FanDuel | Bet $5, win $150 in bonus bets | No code required |
⭐ bet365 | Bet $5, get $150 bonus bets or $1,000 first bet | SBRBONUS |
⭐ DraftKings | Bet $5, get $150 in bonus bets + $1,000 deposit offer | No code required |
⭐ Fanatics | Up to $1,000 in No Sweat Bets | No code required |
⭐ BetRivers | Second chance bet up to $500 | No code required |
⭐ Bally Bet | Bet $25, get $150 in bonus bets | No code required |
⭐ ESPN BET | Up to $2,000 in bonuses | No code required |
⭐ Hard Rock | Up to $100 back | No code required |
⭐ SBK Sportsbook | Bet $20 get $100 in bonus bets | No code required |
Gambling Problem? Call 1-800-GAMBLER
FanDuel IN welcome offer 🔵
As an industry leader, FanDuel could rest on its laurels and allow its reputation to speak for itself. Still, the operator is offering new players in Indiana a bet $5, win $150 in bonus bets reward. No FanDuel promo code is required to redeem this sign-up offer.
- You must download the FanDuel app to claim the offer.
- Minimum first deposit of $5 is required.
- Place a qualifying wager of $5 on any available market.
- If it wins, you'll get $150 in bonus bets.
- You will have seven days to use the bonus bets.
Pros | Cons |
---|---|
✅ Low initial risk | ❌ Available in app only |
✅ Can use bonus on any markets | ❌ Quick expiry once released |
✅ Bonus can be split into smaller bets | ❌ First bet must win |
Why FanDuel's bonus is better than others
While many sportsbooks with first-bet insurance or 'bet & get' offers force you to use your bonus all at once, FanDuel permits you to split its reward into multiple smaller wagers, providing you with top-tier flexibility. All you need to do is bet $5 (and win) and you'll get $150 in bonus bets to split up for as many wagers as you like. Just remember, you only have seven days before the bonuses expire.
DraftKings IN welcome offer 👑
DraftKings Indiana, one of the top-tier operators in the country, is targeting new players with its latest welcome bonus. First-timers can earn $150 in bonus bets instantly. No DraftKings promo code is required at sign-up.
- You must make an initial deposit of $5 or more.
- Your $5+ qualifying wager can be on any sport, with any odds.
- $150 in bonus bets will arrive instantly, win or lose.
- Bonus bets arrive as six (6) $25 slices.
- You can’t withdraw bonus funds as real cash.
- Bonus bets will expire after seven days if unused.
Additionally, DraftKings lets you claim a 20% first deposit bonus, up to $1,000 as part of its welcome offer.
Pros | Cons |
---|---|
✅ No promo code required | ❌ Lower overall bonus amount |
✅ Only $5 initial wager required | ❌ Only 7 days to use bonus |
✅ Guaranteed bonus bets |
Why DraftKings' bonus is better than others
Betting $5 to get $150 in bonus bets, win or lose, is one of the best deals in Illinois. DraftKings doesn’t force new bettors to use all $150 in bonus bet funds on a single wager. Rather, players will get up to six more chances to earn money and build their bankroll. This flexibility, combined with the fact that you can claim an additional $1,000 first deposit bonus, makes this one of the best Illinois sportsbook promos.
BetMGM IN welcome offer 🦁
The “King of Parlays” hopes to become Indiana’s go-to sports betting app with an aggressive welcome bonus. New players can earn an up to $1,500 First Bet Offer. Ensure you use BetMGM bonus code SBRBONUS during registration.
- Minimum deposit of $10 is required.
- First bet must lose for BetMGM to pay out any bonus funds.
- First bet losing wagers of $50 or more will be paid out in 20% increments.
- For example, a $1,500 first bet loss would earn five (5) $300 bonus bets.
- These must be used within seven days of receiving them.
- Bonus funds cannot be withdrawn as cash.
Pros | Cons |
---|---|
✅ Low minimum deposit | ❌ Bonus bets aren't very flexible |
✅ First bet doesn't have to lose | ❌ Quick expiration |
✅ Small initial risk |
Why BetMGM's bonus is better than others
While the $1,500 maximum is the highest in the state, you do have to lose your first bet to earn any bonus bets. That being said, BetMGM doesn't require bonus bet monies to be risked on a single wager and allows new players to spread bonus funds over five bets in most instances. So, if you received the maximum $1,500 worth of bonus bets, you would get them in five $300 pieces. It gives you a lot of flexibility to try out different betting markets as a new BetMGM customer.
Caesars IN welcome offer 🏛
Caesars isn’t messing around regarding marketing towards prospective Indiana sports bettors. The name brand is global, offering new players 10 100% Profit Boost Tokens that can be applied to any of their bets within the first 14 days of activation. All news users need to do is deposit $10, place a $1 wager, and enter the Caesars Sportsbook promo code SBRBONUSDYW to snag the offer.
Below find a step-by-step process for how to acquire this bonus:
- Register with promo code SBRBONUSDYW
- Make a deposit of at least $10
- Place a wager of $1 or more via the Caesars mobile app or desktop site
- Your account will be credited with 10 100% Profit Boost Tokens to use on any market
- The max wager for each rewarded Profit Boost is $25
- The max additional winnings for each rewarded Profit Boost is $2,500
- Profit Boosts expire after 14 days.
Pros | Cons |
---|---|
✅ High-value bonus | ❌ Bonus bet expires quickly |
✅ Only a $10 minimum deposit | ❌ Can’t withdraw as cash |
✅ Great for more veteran bettors |
Why Caesars' bonus is better than others
If you can max out this bonus, which is very unlikely, then you can net $25,000 in bonuses. This is the largest bonus available anywhere by a wide margin. But even if you're not looking to max out this bonus, getting 10 100% Profit Boost Tokens allows you to elevate your bankroll. Plus, if your first bet loses, you still have nine more Profit Boost Tokens to work with.
Fanatics IN welcome offer 🧢
Fanatics is bursting onto the scene in a major way with its $1,000 in No Sweat Bets bonus on wagers made in the first ten days after account creation. This welcome bonus is a bit more intricate than the rest, but our breakdown ensures you'll have no problem learning the ins and outs. There is no Fanatics promo code required to activate the offer.
- After downloading the Fanatics app and creating your account, you must make a real money deposit and place a wager of $1 or greater (min. odds -500 or longer).
- If your first daily bet loses, Fanatics will refund your stake as a bonus bet, up to $100.
- Follow the same process for ten straight days, with up to $1,000 in potential bonus bets.
- After day one, you must opt in before placing your eligible wager - failing to opt in forfeits your opportunity to gain bonuses for that day.
- Bonuses expire seven days after issuance.
Pros | Cons |
---|---|
✅ $1 wagering requirement | ❌ First daily bet must lose |
✅ 10 days of potential bonuses | ❌ Odds restrictions |
✅ No promo code required | ❌ Daily opt-in required |
Why Fanatics' bonus is better than others
The Fanatics welcome offer is perfect for all bettors given the wide range of bonus values you can earn. You can wager as little as $1 a day and still collect the bonus (if you lose). For bettors with a larger budget, up to $100 in bonus bets can be awarded each day for 10 consecutive days. This is truly a promo for everyone.
BetRivers IN welcome offer ⚡
The BetRivers welcome offer is among the sweetest in the Indiana sportsbook market. The pride of Rush Street Interactive, BetRivers, is offering new players a second chance bet of up to $500. You won't need a BetRivers bonus code of any kind to claim this deal.
- Make an initial bet of up to $500 with odds of -200 or longer.
- If you lose, bonus funds will appear within 24 hours.
- Bonus bets cannot be withdrawn as cash and expire after 30 days.
Pros | Cons |
---|---|
✅ Solid dollar value at $500 | ❌First bet has to lose |
✅ Second chance first bet | ❌ Other books have larger first bet insurance offers |
✅ Trusted brand in sports betting |
Why BetRivers' bonus is better than others
A $500 second-chance bet is a potentially lucrative offer, especially if you're actively pursuing multiple bonuses from multiple sportsbooks. However, the BetRivers welcome bonus is a mid-tier bonus. It has a higher dollar value than FanDuel and DraftKings, but a lower value than BetMGM, Fanatics, and Caesars. You also have to lose your first bet for this offer to kick in.
More sportsbook promo codes
We've covered our top six IN sportsbook promos in-depth, but there are a few others still worth your time. Check out any of these options for further bonus opportunities:
The bet365 bonus code unlocks additional rewards with your initial deposit and is an excellent choice with great bonuses all year.
The ESPN BET promo code works a little differently, with up to $1,500 in bonuses + a 200% deposit match (max. $500) available to new users.
Hard Rock Bet is also a good choice, with a straightforward welcome bonus. Use our Hard Rock Bet promo code to get $100 in bonus bets when you sign up.
For more information on these sportsbooks and other promotions, visit our Indiana sports betting apps page.
Indiana sports betting promos summary
🚀 IN apps launch date | October 2019 |
🎂 Legal betting age | 21+ |
🥇 Best IN bonus | FanDuel bet $5, win $150 in bonus bets |
📱 Sports betting apps | 11 |
🤔 Do promos require codes? | Sometimes |
🤔 Can you withdraw bonus funds? | No |
🏆 Biggest IN bonus | BetMGM: Up to $1,500 in bonus bets |
🎰 Online casinos | No |
🃏 Online poker | No |
🎮 esports betting | No |
☎️ Problem gambling hotline | 1-800-994-8448 |
🧑🤝🧑 Gambling addiction counseling | Yes |
🔔 IN regulator | Indiana Gaming Commission |
How we rate and review sports betting promotions
Our editorial team spends an incredible amount of time independently reviewing every Indiana online sportsbook and sports betting app for quality, safety, and user experience. Our team of experts applies the same stringent grading process when rating Indiana sports betting promotions. The last thing new players want after signing up for a new account is surprises regarding assumed welcome bonus monies.
So, here are some of the factors we consider when rating IN sports betting offers:
- The maximum overall value of the welcome bonus.
- If the sign-up offer is guaranteed or not.
- Verifying the promo code, if required.
- What are the minimum deposit requirements, if any.
- Examining playthrough requirements and withdrawal policies.
- The potential expiration date of the welcome bonus.
Not all bonuses are created equal. Some are easier to obtain than others, depending on the betting requirements or playthrough terms. You should always read the terms and conditions of any welcome bonus you're trying to collect to ensure you know exactly how to be successful in claiming it.
Types of Indiana betting sign-up offers and bonuses
Indiana sports betting sites and apps offer a variety of sign-up bonuses and promotions. Still, these days, the most common offers fall into three categories: a deposit match bonus, bonus bet credits, and first bet insurance.
1. Deposit match bonus
Operators that offer deposit match bonuses are beloved by the sports betting community because the promotion isn’t contingent on any future wager.
For example, a 100% deposit match up to $250 would convert a $250 first-time deposit into $500 in a player’s account. A 50% deposit matchup up to $1000 would mean a $500 deposit unlocks a welcome bonus of $250 for a total of $750 in available funds.
2. Bonus bet credits
Sign-up offers that market bonus credits are outstanding for new players. Here you’ll be asked to make a small minimum deposit of as little as $5-$10 and wager on any event. Once the initial bet settles, operators will issue bonus credits up to a certain dollar amount.
For example, many sportsbooks offer $150 in bonus bets in exchange for a first bet of $5 or more. Some books may force you to use all $150 at once, but most of them split the bonus up into smaller chunks, like six $25 slices. Bonus bets cannot be cashed out, only used to make additional wagers.
3. First bet insurance
The first bet insurance welcome promotion is found at most Indiana sports betting sites. Operators tend to offer a higher dollar amount on these offers because you can only redeem them if a new player’s first bet settles as a loss, and you will not receive the bonus if the first bet wins.
First bet insurance bonuses often come with a strict set of terms, conditions, and playthrough requirements. For example, you can't withdraw them as cash, you may not be able to split the amount up into smaller wagers, and the bonus bets might expire quickly.
4. Referral bonus
Once you've become a customer and taken advantage of a welcome bonus, most sportsbooks will offer you additional perks if you can recruit your friends to sign up. You'll sometimes be given a unique code or customized link to pass along. If your friends sign up using your referral, the sportsbook will toss a small bonus bet or cashback amount your way. In some cases, your friend may also get a small bonus for using your referral code, making it a win-win situation for everyone.
These bonuses are often smaller amounts; $10 to $100, on average. However, you might as well take advantage if the opportunity presents itself. Read our guide on the subject to find out which platform offers the best sportsbook referral bonus.
Indiana online sportsbooks
Indiana Governor Eric Holcomb signed House Bill 1015 into law in May of 2019, a year after the United State Supreme Court overturned the Professional and Amateur Sports Protection Act, which allowed individual states to legislate sports betting matters. A few months later, just a few legal sports betting sites launched, like BetRivers and DraftKings. Indiana would issue licenses for 15 online sportsbooks and sports betting apps in the following months and years.
However, in 2022, two operators — TwinSpires and MaximBet — left the marketplace. WynnBET also left in 2023. Then Betway shuttered in mid-2024.
With 11 operators still offering welcome bonuses to new players, Indiana is about to get their 12th mobile sportsbook here shortly as the state recently granted Betr a license.
Indiana online and mobile sportsbooks
Indiana sportsbook | Best known for |
---|---|
Bally Bet | Early cash out |
BetMGM | “King of Parlays” |
BetRivers | Award-winning parent company |
Caesars | Rewards program |
DraftKings | Industry leader |
ESPN BET | Unique personality promotions |
FanDuel | Top-rated Apple/Android app ratings |
Fanatics | FanCash Rewards program |
Hard Rock | Select live streaming |
SBK | Price + best odds |
bet365 | Great app and available in ten states |
Indiana sports betting legal news updates
Nov. 25, 2024: Caesars updates its welcome offer, giving new users 10 100% Profit Boost Tokens for placing an initial wager of $1 or more.
Nov. 5, 2024: bet365 drops its IN welcome bonus slightly. New customers can now claim a bet $5, get $150 in bonus bets deal.
June 6, 2024: DraftKings and FanDuel both make changes to their IN welcome bonuses, offering various amounts of bonus bets.
Apr. 15, 2024: DraftKings changes its IN welcome offer to a bet $5, get $200 in bonus bets, plus a daily No Sweat SGP for every day of the NBA Playoffs.
Apr. 13, 2024: Indiana sports betting rides the March Madness wave to its fourth-best month ever, in terms of betting handle, with $500.8 million in total bets.
Feb. 27, 2024: Fanatics launches in Indiana, taking over for PointsBet.
Jan. 26, 2024: bet365 announced they will be launching in Indiana on Jan. 30, 2024. It will be the eighth legal state for the U.K.-based sportsbook.
Jan. 15, 2024: The Indiana Gaming Commission's December report cites that sports betting operators surpassed the $500 million handle mark for the second straight month.
Nov. 14, 2023: ESPN BET officially goes live in Indiana, along with 16 other states.
Oct. 3, 2023: Indiana reports a monthly betting handle of $404.1 million for September 2023, a 5.7% jump from the same month in 2022 and a massive 69.7% jump from the previous month.
June 6, 2023: The NFL announces they are investigating Indianapolis Colt cornerback Isaiah Rodgers for allegedly placing over 100 bets on an unnamed sports betting site.
March 29, 2023: DraftKings launches their DK Horse app, a mobile betting app specifically for horse racing, ahead of the annual Kentucky Derby.
Feb. 21, 2023: Indiana HB 1536, a bill to legalize online casinos in Indiana, fails to make it through a House committee.
Indiana betting resources
Indiana sportsbook promos are just one piece of the puzzle. For new players to become well-informed, they should check out our other Indiana sports betting resource guides. These include a full review of the best Indiana betting apps, a more extensive overview of all the best sportsbook promos, and an in-depth review of Indiana’s best online sportsbook, FanDuel.
How to bet on sports | How to read odds | How to manage your bankroll |
---|---|---|
New to sports betting? Read our guide on how to get started. | Learn how to read sports betting odds in every format. | Discover how to manage your bankroll and make smart betting choices. |
Sportsbook by category
Check out our resources on the best sportsbook for specific sports and leagues:
Responsible sports betting with Indiana promos
The Indiana Gaming Commission is the state’s governing body overseeing legal sports betting oversight, regulation, and law enforcement. In addition to reviewing operator applications, issuing licenses, and performing site and app audits, the IGC is responsible for problem gambling education, resources, and treatment options.
When you visit the commission’s website, you’ll notice a vast library of problem gambling resources, including the hotline 1-800-994-8448. With thousands of dollars in welcome bonuses, sign-up offers, and ongoing promotions, those addicted to sports gambling may need assistance maintaining a healthy relationship with the hobby. The IGC also offers the following:
- Voluntary self-exclusion programs
- Internet self-restriction program
- Self-assessment tests
- Treatment center providers
- Gamblers Anonymous meetings in Indian
National U.S. gambling helpline: 1-800-GAMBLER
Sportsbook promos and bonuses in other regions
Sportsbook promos & bonuses in legal U.S. states
Every state makes its own laws about gambling of any kind, including betting on sports and whether it's available online. For a more detailed explanation, check out SBR's legal sports betting states tracker or any of the state-specific pages below.
Sportsbook promos & bonuses in international regions
- Canada sportsbook promos (excluding Ontario)
- U.K. sportsbook promos
Indiana sportsbook promos FAQs
What’s the best sports betting bonus in Indiana?
Considering all factors of a quality online sportsbook bonus, from user experience to customer support to other welcome offers, FanDuel typically offers competitive bonuses with minimal risk required, while other books dangle hefty first-bet insurance offers.
Which verified Indiana sportsbook promos are the best value?
The best value is subjective, but if new players are looking for the most significant bonus monies, the biggest deal at verified Indiana sportsbooks is BetMGM's welcome bonus of up to $1,500.
How old do I need to bet on sports in Indiana?
Every player interested in betting on sports at retail and online Indiana sportsbooks must be at least 21.
Do all Indiana sportsbooks provide sports betting promo codes?
No, most Indiana online sportsbooks and sports betting apps do NOT require promo codes at the time of first deposit. In some cases, operators automatically apply promo codes when players go to make a deposit. Our table of promo codes above has been tested and verified.
What are the playthrough requirements on legal online sportsbooks in Indiana?
Playthrough requirements tied to welcome bonuses and ongoing promotions vary by operator. The IGC does an excellent job of ensuring online sportsbooks lay out crystal clear messaging to let players know how to acquire bonus monies and, if applicable, cash out bonus funds.
How many sign-up bonuses can I claim in Indiana?
New players may claim one (1) sign-up bonus at each of Indiana’s 11 online sportsbooks/sports betting apps. Operators make sure to cut down on “gaming the system” and create more than one fraudulent account by requiring new players to enter their social security number during registration.