Kentucky Sportsbook Promos: Get up to $4,750 in Bonuses for April 2024

Kentucky sportsbook promo codes and bonuses

The best sportsbooks and Kentucky sports betting apps opened their virtual doors on Sept. 28, 2023. Eight options are currently available to KY bettors, providing some of the best sportsbook promos for new and existing users.

Eventually, up to 27 sportsbooks — each of the state’s nine horse racing tracks can partner with up to three mobile operators — could fill the Kentucky market.

Here is the full list of Kentucky sportsbook promo codes and welcome bonuses currently accessible in the Bluegrass State:

18+ and present in KY. Gambling Problem? Call 1-800-GAMBLER.

1. DraftKings Kentucky bonus offer 👑

From owning one of the industry’s leading mobile apps to providing the most seamless user experience available, DraftKings reigns supreme even amongst sports betting’s elite. It’s no surprise, then, that the top Kentucky sportsbook bonus is DraftKings’ bet $5, get $200 offer.

Here’s what you need to know about the DraftKings Kentucky welcome bonus:

• You don't need a DraftKings promo code to get started.
• Following registration, put down a minimum deposit and wager of $5 on any sports market. 
• Regardless of your qualifying bet's outcome, DraftKings will credit your account with $200 in bonus bets.
• You will receive the $200 as eight (8) $25 bonus bets.
• The bonus bets must be used within seven days, or they will expire.

DraftKings promo pros and cons

What does the DraftKings sign-up promo mean for you?

DraftKings’ bet $5, get $200 in bonus bets offer — again, no DraftKings KY promo code is needed here — is an excellent way for novice bettors to get their feet wet. Not only does your $5 qualifying wager instantly unlock the $200 in bonus bets, but no odds restrictions are attached.

How much money can you earn with the DraftKings sign-up promo?

The eight $25 bonus bets you can obtain from the DraftKings KY sign-up promo cannot be withdrawn as real cash. Instead, you’ll need to use them to wager further with the sportsbook. For example, if you use a $25 bonus bet on a market with odds of +200 and win, you’ll receive $50 in cash you can take out immediately.

Why DraftKings’ bonus is better than the others

Few other Kentucky sportsbook promos offer new users such a low wagering requirement. A $5 ask for the opportunity to add $200 to your bankroll — on top of your other winnings — is a great low-risk, high-reward entry point to the sports betting space.

2. bet365 Kentucky bonus offer 🟢

Bet $5, Get $150 in Bonus Bets

18+. Gambling Problem? Call 1-800-GAMBLER

Claim $150

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Historically, bet365 has known precisely how to treat first-timers when it arrives in a new market, and that trend is holding for Kentucky. The sportsbook is offering potential KY customers a bet $5, get $150 in bonus bets sign-up offer.

Here's a breakdown of the bonus information:

• Sign up with bet365 bonus code SBRBONUS and deposit $10 or more.
• You must claim the offer within seven days of registration.
• Make your first wager of at least $5 on any sports market.
• To qualify, your wager must have odds of -500 or greater.
• Once your wager settles — win or lose — you'll receive $150 in bonus bets.
• If your account is inactive for 90 days, your bonus bets will expire.

Alternatively, you can collect bet365's other new-player bonus instead — a $1,000 First Bet Safety Net. Remember: You can only claim one welcome promo with bet365.

• Following registration and inputting the promo code, deposit at least $10 within seven days of redeeming the offer.
• You must claim the reward within seven days of signing up.
• Place your initial bet of any amount on any sports market.
• If your qualifying wager fails, you'll get your stake back, up to $1,000, in bonus bets.
• The bonus bets will arrive within one hour of your qualifying wager settling.

bet365 promo pros and cons

What does the bet365 sign-up promo mean for you?

The bet365 Kentucky welcome offer is excellent for newbies since they will acquire it whether their initial wager wins or loses. Additionally, the $150 amount is comparable to most bet and get offers from competitors.

How much money can you earn with the bet365 sign-up promo?

New bet365 users in Kentucky must deposit at least $10 to start. After that, they can wager at least $5 to receive the $150 in bonus bets. Those bonus bets can then be used to earn real, withdrawable winnings.

Why bet365's bonus is better than the others

bet365's KY bonus containing a mere $5 wagering requirement to instantly unlock $150 in bonus funds is simply a no-brainer.

Gambling problem? Call 1-800-GAMBLER

3. FanDuel Kentucky bonus offer 🔵

Aside from its rival, DraftKings — ensure you check out our FanDuel vs. DraftKings comparison guide — arguably, no modern sportsbook is as iconic as FanDuel. With the platform officially live in the Bluegrass State, it’s offering one of the best Kentucky sports betting promos via its bet $5, get $150 in bonus bets offer.

Here are the sign-up bonus’ most pertinent details:

• No FanDuel promo code is necessary.
• You must be at least 21 to wager with FanDuel in Kentucky.
• You must download the FanDuel mobile app and deposit at least $10 after registration.
• Place a wager of $5 or more on any available market. Win or lose, FanDuel will provide you with $150 in non-withdrawable bonus bets.
• You will receive the bonus bets within three days of your qualifying wager settling as a win.
• The bonus bets have a lifespan of seven days and will expire if unused.

FanDuel promo pros and cons

What does the FanDuel sign-up promo mean for you?

FanDuel’s bet $5, get $150 in bonus bets is one of a few Kentucky betting promos that allows new users to boost their bankroll immediately. Ensure you search closely through FanDuel’s wide swath of markets — it’s one of the best live betting sites — before submitting your qualifying wager. And remember: No FanDuel promo code is required.

How much money can you earn with the FanDuel sign-up promo?

Using the bonus to back an underdog is risky, but you could earn a considerable amount of real, withdrawable cash. Alternatively, using it on a favorite is safer but less likely to garner a big payday. Ultimately, your comfort level will dictate how much money you earn from bonus funds.

Why FanDuel’s bonus is better than the others

Not many Kentucky sportsbook promos for first-time users can match FanDuel’s offer in terms of flexibility — its bonus bets can be broken down into multiple smaller bets.

4. Caesars Kentucky bonus offer 🏛

When choosing a betting site, Kentuckians may find the pizazz of Caesars’ Las Vegas atmosphere alluring — along with its equally flashy welcome offer. New users can obtain a $1,000 first bet reward via Caesars promo code SBRBONUS1000.

Here are the offer’s key components:

• You must be 21 or older to sign up with Caesars Kentucky.
• After registering, make an initial deposit of at least $10.
• Place your qualifying wager of any amount on any sports market you prefer within 30 days of registration.
• Should your first bet lose, Caesars will issue you a refund, up to $1,000, as a bonus bet.
• The single bonus bet you receive cannot be broken down into multiple wagers. It will arrive in your account within 48 hours of your losing wager settling.
• If you do not use the bonus bet within 14 days, it will expire.
• You cannot withdraw the bonus bet, nor will it be part of any real-money winnings you earn when using it as the stake.

Caesars Sportsbook promo pros and cons

What does the Caesars sign-up promo mean for you?

Caesars' Kentucky sportsbook bonus provides new bettors with the opportunity to earn a significant boost to their bankroll. Since your first wager has an attached safety net, you can feel more comfortable taking action on an underdog.

How much money can you earn with the Caesars sign-up promo?

You can use the bonus bet from the Caesars KY welcome offer to wager on either an underdog — in an attempt to earn big winnings — or a favorite — to go a safer route. Ultimately, the path you choose and the amount of money you can make will depend on your comfort level.

Why Caesars’ bonus is better than the others

Like some other top Kentucky sportsbook promos, Caesars’ welcome offer provides the opportunity for a big payday. Its maximum value comes second to only BetMGM’s bonus in KY.

5. BetMGM Kentucky bonus offer 🦁

BetMGM hopes its historic reputation in the gaming industry entices the people of Kentucky to join its platform. To further tempt prospective bettors, the sportsbook is tendering its up to $1,500 back in bonus bets welcome offer.

Here’s what to keep in mind now that BetMGM KY’s new bettor bonus is online:

• After signing up for your new account with BetMGM bonus code SBRBONUS, you must make a first deposit of at least $10.
• You must be 21 or older to bet with BetMGM in Kentucky.
• Locate your preferred market(s) and place your initial wager. Should it flop, BetMGM will return your stake, up to $1,500, as bonus bets.
• The bonus bets you receive will be divided into 20% denominations on wagers over $50. If you wager less than $50, you will garner a single bonus bet.
• The reward will appear in your account within 24 hours, and you’ll have seven days to use it

BetMGM promo pros and cons

What does the BetMGM sign-up promo mean for you?

The BetMGM sign-up bonus permits you to make a more aggressive first wager than you might have otherwise since the sportsbook will refund your stake, up to $1,500, in bonus bets should you lose. Just remember to use the active BetMGM Kentucky bonus code.

How much money can you earn with the BetMGM sign-up promo?

If your initial wager with BetMGM goes down in flames, the amount of real cash you can earn with the bonus bets depends on their success. So, you won’t make any money if you receive five (5) $300 bonus bets and each of them loses. But if any of them win, the profits are yours to withdraw.

Why BetMGM’s bonus is better than the others

Kentucky sports betting promos worth $1,000 or more are few and far between. Additionally, BetMGM pays out its bonus bets in five increments on losing first wagers of at least $50 adds some valuable flexibility.

How we rate and review sports betting promotions

With the first batch of legal online sportsbooks live in Kentucky as of Sept. 28, 2023, you can rest easy knowing our industry experts have spent numerous hours reviewing and critiquing every one. We zero in on specific aspects of sports betting sites to fabricate custom ratings for our detailed reviews.

And so, as it pertains to assessing the top Kentucky sports betting promos and bonuses, we take a similar approach. Here are some of the questions we weigh before rating the quality of any welcome bonus:

• What is the sign-up offer’s maximum value?
• Is the welcome bonus guaranteed, or does it necessitate a specific circumstance to activate?
• What is the type of welcome bonus? Is it a deposit match, bet and get, or first bet insurance offer?
• Is a promo code required?
• How challenging are the playthrough requirements, and are they achievable within a short timeframe?
• How fast does the bonus expire?

Kentucky online sportsbooks

Currently, eight online sportsbooks exist in Kentucky. However, each of the state’s nine racing tracks — all of which will eventually host a new on-site sportsbook with legal retail sports betting live — can partner with up to three online operators. So, eventually, Kentucky could welcome up to 27 sports betting sites and apps. 

For now, though, eager bettors should temper expectations. Circa sports received approval for an online sports betting license but didn't launch until April 2, 2024. There doesn't seem to be any other potential operators interested in KY at the moment. 

Kentucky online and mobile sportsbooks

Best sportsbooks for Kentucky promos and bonuses

bet365 Kentucky

bet365 Kentucky is now allowing newbies in the state to select between two welcome offers — a bet $5, get $150 in bonus bets reward or a $1,000 First Bet Safety Net. Just ensure you use bet365 bonus code SBRBONUS during registration.

In addition to its uber-friendly primary promo for new users, you can reap the following benefits by joining bet365:

🔥 Superb live betting: You won’t find a better live betting experience than what bet365 provides. No matter the time or day, its dedicated section hosts a slew of events with meticulously accurate odds.

🔥 Excellent live streaming: Alongside its live betting feature, bet365’s live streaming allows you to access thousands of events throughout the year. Whether you’re hoping to watch horse racing, tennis tournaments, soccer games, or something else, you’ll find it at bet365.

🔥 Unmatched sports coverage: bet365 boasts an enormous number of betting markets, particularly for the most popular leagues, such as the NHL, MLB, NBA, and NFL. Niche sports aren’t forgotten, though — you can wager on cricket, volleyball, rugby, and more.

FanDuel Kentucky

FanDuel is tempting Kentuckians with a bet $5, get $150 in bonus bets reward for new users. You don't need to input a FanDuel promo code to redeem the offer, either.

Beyond the bonus, consider these features before registering with FanDuel KY:

🔥 Competitive pricing: You’ll find premier odds on most sports betting markets at FanDuel. As if that weren’t enough, the sportsbook also consistently offers boosts to give you a better chance at a big payday.

🔥 Reliable security: FanDuel takes security seriously, and it shows. The sportsbook utilizes a Betfair interface with modern encryptions to protect your data.

🔥 Fantastic mobile experience: Although we generally peg DraftKings as the best sports betting app available, FanDuel isn’t far behind. Straightforward navigation, live betting, an intuitive bet slip, and more all feel smooth and easy.

DraftKings Kentucky

DraftKings set its sights on Kentucky and is now offering first-timers a bet $5, get $200 in bonus bets reward — no DraftKings promo code needed.

Here are a few benefits that make registering with DraftKings Kentucky worthwhile:

🔥 Leading mobile app: The top-rated mobile sportsbook app in the industry belongs to DraftKings. With a simple and smooth design, betting on the go has never been such a pleasant experience.

🔥 Promos for existing users: The DraftKings sign-up bonus isn’t the only promo the sportsbook offers — existing users are treated to plenty of ongoing rewards, including referral bonuses, profit boosts, same-game parlay offers, and more.

🔥 Great live betting: These days, most sportsbooks provide a live betting section, but most pale in comparison to DraftKings’ product. Whether it’s guaranteeing up-to-the-second odds or organizing props, live betting with DraftKings feels singular.

Caesars Kentucky

Caesars Sportsbook is now welcoming new KY bettors, permitting them to nab a $1,000 first bet offer. Caesars promo code SBRBONUS1000 must be entered to unlock the reward.

Here are a few other key elements worth noting about Caesars Kentucky:

🔥 Tons of betting options: An exhaustive betting menu with hundreds of options awaits when you sign up with Caesars. The sportsbook even offers micro-betting via its relationship with SimpleBet.

🔥 Premier customer service: Caesars’ reputation in the sports betting industry is pristine, and a portion of that has to do with its classy customer support team. Whether you prefer live chat, phone, or email, Caesars will help you solve your issues promptly and efficiently.

🔥 Highly touted rewards program: One of the best benefits of joining Caesars Sportsbook is gaining access to its first-class rewards system. You can accumulate points and use them for shopping, hotel stays, dinners, and more.

BetMGM Kentucky

Never one to miss an opportunity, BetMGM is tempting new bettors with an up to $1,500 first-bet insurance welcome offer. To take advantage, simply use the active BetMGM bonus code SBRBONUS during sign-up.

But there’s more than just the welcome offer — here are the sportsbook’s standout features:

🔥 Same-game parlays: BetMGM refers to itself as the “King of Parlays” for a reason. Building your bets is efficient, with all sports, leagues, and events splayed out for you in an accessible manner.

🔥 Plentiful banking options: If you can think of a banking method, BetMGM likely has it. From PayPal to Play+ to PayNearMe, pinpointing your preferred option won’t take long.

🔥 Quality live streaming: Few online sportsbooks offer live streaming, but BetMGM does. You can find tennis matches, soccer games, and more within a dedicated tab.

Types of Kentucky sign-up offers and bonuses

Since they’re the three most common sportsbook sign-up bonuses in the country, it stands to reason that Kentucky bettors will come across deposit matches, bet and gets, and first bet insurance offers now that legal sports betting is officially live in the state. 

Here’s a quick breakdown of how each of these Kentucky betting promos works:

Deposit match

Deposit matches are one of the most straightforward sign-up bonuses for new players since they require nothing more than making a first deposit. Once the deposit has been made, the sportsbook will match the amount, up to a specified number, in non-withdrawable bonus funds.

For example, a betting site offering a 100% deposit match up to $1,000 would provide $1,000 in bonus funds if you made an initial deposit of $1,000 in real cash, instantly doubling your bankroll.

Bet and get

Bet and get bonuses are often the most friendly welcome offers for new players since they typically have low wagering requirements to garner comparatively higher rewards. By placing a first deposit and wager — usually about $10 — the sportsbook will credit bonus funds to your account, regardless of your wager’s outcome.

Sometimes, there will be an additional stipulation, such as requiring your first bet to win. A recent iteration of FanDuel’s bonus, for example, demands just that, needing you to bet $5 and win in order to trigger $200 in bonus bets. Watch out for expiry dates too, so that you your bonus bets don't vanish before you get around to using them. 

First bet insurance

Arguably the most common sign-up bonus available today, first bet insurance offers only trigger when your first bet loses. Then, the sportsbook will refund your stake, up to a certain amount, in bonus funds.

For example, imagine a sportsbook that offers a first-bet insurance bonus with a maximum value of $1,000. Should you register with the platform, wager $1,000 in real cash, and lose, it will reimburse you the $1,000, often as a single bet credit.

Remember to read the terms and conditions associated with each bonus, as some sportsbooks will allow you to chop up the reward into multiple bets, while others won’t.

Referral bonus

Sportsbooks will occasionally offer referral bonuses. They differ from welcome bonuses, as they are geared towards existing users. You'll be asked to refer a friend to the sportsbook, using a unique code or download link. If your friend joins using your referral code, the sportsbook will reward you with a small reward — often a $20 to $75 bonus bet or some cash back. For more information on this type of reward, check out our best sportsbook referral bonuses guide.

Kentucky sports teams to bet on

Kentucky doesn't host any pro sports teams in the Big Four. The closest it has is the Louisville Bats (minor league baseball) or Louisville City FC (USL Championship soccer). 

However, there are a ton of pro teams in neighboring states, highlighted by the city of Cincinnati on the northern border and Nashville a couple of hours south.

The true "hometown team" in Kentucky is college sports. The University of Kentucky Wildcats and the University of Louisville Cardinals are the two biggest programs, excelling in multiple sports, especially basketball. Speaking of basketball, Kentucky is a hotbed for hardcourt fans. Luckily, the state offers some of the best NBA betting sites in the entire country. 

Sports betting by category

Check out our resources on the best sportsbook for specific sports and leagues:

Kentucky sports betting promos quick facts

Kentucky sports betting key developments and updates

Responsible sports betting with Kentucky promos

Per Kentucky’s sports betting law — House Bill 551 — the Kentucky Horse Racing Commission oversees all sports betting-related activities in the state. The KHRC reviews applications, approves sportsbook licenses, performs audits and site security checks, enforces laws, and hands out fines. 

The KY Horse Racing Commission also supervises responsible sports betting initiatives, including efforts to curb problem gambling via digital resources, prevention, and treatment options. Kentucky’s sports betting law sets aside 2.5% of tax revenue to fund problem gambling recovery programs.

Some resources are already in place due to Kentucky’s popular horse racing betting industry:

• Problem gambling hotline: 1-800-GAMBLER
• Active counselors courtesy of the Kentucky Coalition of Problem Gambling

For the latest legal updates on sports betting in all 50 U.S. states, check out our legal sports betting state tracker.