Louisiana Sports Betting Promos & Bonuses: Best Offers for 2023

All Louisiana sportsbook promo codes

Sports bettors in Louisiana currently have eight different LA sports betting promos. And with no limit to the number of Louisiana sportsbook promos you can sign up for, there’s no reason to stick to just one, as there are so many great choices.

Here’s a list of the best Louisiana sports betting promos available today. These LA sportsbook promos are often rotated and updated, so don’t hesitate to sign up today if you see a welcome offer for a sportsbook that you are interested in to ensure you don’t miss out on it.

Caesars LA welcome offer

Caesars Entertainment is a well-known brand nationwide that operates three Louisiana retail gambling locations in Harrah’s New Orleans, Horseshoe Lake Charles, and Horseshoe Bossier City. The Caesars loyalty program allows players to earn credits bettors can use on comps at the company’s retail locations in Louisiana, Las Vegas, and nationwide.

Using promo code (SBR1FULL), sports bettors in Louisiana can lock in a LA sportsbook bonus bet credit in the same amount as their first bet, up to $1,250 if that bet loses. Regardless of whether that initial bet wins or loses, the “Full Caesar” also gives bettors 1,000 Reward Credits and 1,000 Tier Credits.

Caesars promo pros & cons

✅ This Louisiana sports betting promo has the highest potential maximum payout in LA of $1,250 in bonus bet credits.

✅ Tier and reward credits earned can be used on hotel stays, dining, entertainment, and more.

✅ This offer can be activated with a low minimum first wager of $10.

❌ If your first bet loses, you will only earn a bonus credit.

❌ Con: Any bonus bets awarded must be used in one wager.

What does the Caesars $1,250 first bet mean for you?

First-time customers with the funds to make a large initial deposit and wager will get outstanding value with this LA betting promo. You get two shots at winning a big bet up to $1,250 as you either win the first wager you make or get a matching bonus bet to try again if you lose.

How much money can be earned with the Caesars $1,250 first bet?

Bettors can make their first bet up to $1,250 without any odds pricing restrictions, so there is no capped limit to the amount bettors can win with this offer.

Why this bonus is better than others

Many experienced sports bettors consider this one of the best LA sports betting promos due to the high first-bet insurance coverage offered to bettors at up to $1,250.

DraftKings LA welcome offer

DraftKings originally became a household name in the United States as a daily fantasy sports provider delivering a popular service to sports fans nationwide. This brand recognition helped DraftKings seamlessly transition into sports betting, and it is now one of the best online sportsbooks in Louisiana.

New players giving DraftKings a try for the first time can take advantage of their Bet $5, get $200 Louisiana sportsbook bonus. Once you make your first deposit of $5 or more, you can place a $5 bet on the pre-game market of your choice. Once that settles, DraftKings will pay out your profit and an additional $200 in bonus bet credits.

DraftKings promo pros & cons

✅ A low risk of $5 delivers a reward of $200 in bonus bet credits.

✅ Bonus bet credits earned can be used on any sport legal to bet on in LA.

✅ Your winnings last longer, split into eight $25 bonus bets.

❌ Unused bonus bet credits expire one week after the day they are earned.

❌ You can’t stack bonus bets and can only use one per event.

What does the DraftKings bet $5, get $200 promo mean for you?

For an initial investment of just $5, DraftKings will add an extra $200 to your sports betting bankroll with one bet win on the game of your choice. This Louisiana betting promo adds tremendous value to your first bet, which usually wouldn’t pay very much with only $5 at risk.

How much money can be earned with the DraftKings bet $5, get $200 promo?

If the first bet you make wins, you will receive eight $25 bonus bets that can be used on any market DraftKings offers, plus the winnings from your qualifying bets. There is no set limit to how much you can win with these bonus bets, as you can choose whatever odds you want to bet on.

Why this bonus is better than others

The DraftKings welcome offer is one of the best Louisiana sports betting promos available because you can select the game on which you bet your $5 to get $200 in bonus bets. Using this low-risk and high-reward LA sportsbook promo, you can use DraftKings with a healthy bankroll.

FanDuel LA welcome offer

Like DraftKings, FanDuel started as a daily fantasy sports provider, gaining massive popularity across the United States. That brand recognition and new ownership from a sports betting company in Flutter Entertainment made a move into sports betting a very natural one that has produced one of Louisiana’s favorite sportsbooks.

When you deposit $20 or more and place your first bet for $20 or more on the game you choose, you will receive $200 in bonus bet credits. This Louisiana sportsbook bonus delivers these bonus bet credits to your account regardless of whether your first bet wins or loses.

FanDuel promo pros & cons

✅ The $200 in bonus bet credits are awarded even if your first bet doesn’t win

✅ Winnings are awarded as credits that can be used with bet sizing of your choice

✅ All sports betting markets are eligible

❌ Remaining bonus bet credits expire after 14 days

❌ A $20 bet is required to receive $200 in bonus bet credits.

What does the FanDuel bet $20, get $200 promo mean for you?

By betting $20 on the game of your choice, you will lock in $200 in bonus bet credits with this Louisiana betting promo. What makes this such a fantastic welcome offer is that you get your $200 in FanDuel promo credits regardless of whether your bet wins or loses, meaning you will have a solid starting sports betting bankroll.

How much money can be earned with the FanDuel bet $20, win $200 promo?

You can use your initial $20 and $200 in bonus bet credits to bet on any market FanDuel offers. As such, there is no limit to how much you can win with this Louisiana sports betting promo as long as you continue to choose winners.

Why this bonus is better than others

If you have $20 to bet on sports with, there is no downside to taking advantage of one of the best Louisiana sportsbook promos in the industry today. You don’t have to use the $200 in bonus bet credits all at once, making this a versatile promotion that you can use comfortably with any betting style.

BetMGM LA welcome offer

BetMGM is one of the most well-established brands in the casino industry. Its parent company MGM Resorts International owns and operates such popular Las Vegas properties as the MGM Grand, Aria, and Bellagio. And in recent years, it has also established itself as a top online sportsbook in Louisiana and other states around the USA.

The current Louisiana sportsbook bonus that BetMGM is offering gives players first bet insurance up to $1,000. If your first bet loses, you will receive bonus bet credits matching the amount you wagered up to $1,000 that bettors could use on any of BetMGM’s betting markets.

BetMGM promo pros & cons

✅ A significant amount in potential earnings with coverage up to $1,000.

✅ Bonus bet credits are broken into five bonus bets giving you more chances to win.

✅ Your bonus bets can be used on any sports that BetMGM offers.

❌ These welcome bonus bet credits will only be earned if your first bet loses.

❌ All bonus bets must be used within seven days, or they will expire.

What does the BetMGM $1000 first bet promo mean for you?

You can confidently make your first bet of up to $1,000 at the BetMGM sportsbook, knowing that you will either bolster your bankroll with a big win or receive five bonus bet credits that add up to the same amount you wagered if you lose.

How much money can be earned with the BetMGM $1000 first bet promo?

The initial bet you place with this Louisiana sports betting promo and the five bonus bets BetMGM will credit you if your first wager loses can be used on the games or parlays you choose. Since you decide what odds you want to bet at, there isn’t a cap on how much you can earn with this LA welcome bonus.

Why this bonus is better than others

If you bet the full $1000 and lose, you will receive five $200 bonus bet credits. Unlike some other first-bet insurance promos that force you to use your bonus bet all at once, splitting it up will give you more chances to win and start building up the funds in your sports betting account.

BetRivers LA welcome offer

BetRivers is a solid sportsbook option for both beginners and experienced sports bettors. Sports fans in Louisiana who play at BetRivers enjoy many live betting options, weekly promotions, and odds boosts.

New customers looking for the top LA betting promos should consider BetRivers’ second-chance bonus bet of up to $500. You will receive a bonus bet of up to $500, matching the amount of your first bet if BetRivers grades it as a loss. Make sure to use promo code SPORTS upon sign-up.

BetRivers promo pros & cons

✅ Any amount between $10 to $500 is eligible for this promotion.

✅ Bonus bet winnings can be withdrawn once the bet is settled.

❌ If your first wager loses, you only earn a bonus bet credit.

❌ The bonus bet received can only be used on a pick with odds of -200 or less.

What does the BetRivers $500 second-chance bet mean for you?

BetRivers delivers another first-bet insurance option to Louisiana sports bettors, as this one offers up to a $500 bonus bet if your first bet loses.

How much money can be earned with the BetRivers $500 Second-chance bet

You get to decide which game, sport, and bet style you use for your first bet of up to $500 at BetRivers. Since events with long odds are among your options, there isn’t a limit to how much you can win with this Louisiana sportsbook promo.

How we rate and review sports betting promotions

SBR betting experts weigh several factors when compiling their reviews and ratings of the best LA sports betting promos. Here’s a look at some criteria we use to rate Louisiana sportsbook promos.

• Whether or not an initial deposit is required to collect the bonus.
• When a deposit is required, how much must you deposit to receive your welcome offer
• Determining if a promo code is a need to activate your promotion.
• How much money do you stand to earn from the LA sports betting promo.
• Verifying if there is an expiration date on your bonus bet credits and how long they last.
• Checking for if a playthrough betting requirement is required before you can withdraw funds.

Determining the best Louisiana sports betting promos help our SBR betting experts make the best recommendations and ratings when providing an in-depth analysis of Louisiana’s legal sportsbooks.

Types of Louisiana betting sign-up offers and bonuses

Louisiana sportsbook promos will usually land in three categories: first bet insurance, bonus bets, and deposit matches. The LA sports betting promos are updated and changed throughout the year based on key events on the sports calendar, like March Madness and the start of the NFL season. Expect to see these three common offer styles when searching for LA betting promos:

First bet insurance

These LA sportsbook bonuses have different names, such as BetMGM’s “$1,000 back in bonus bets” or BetRivers’ “$500 second-chance bet”. With these welcome offers, if the first real-money bet at your selected sportsbook loses, you will receive bonus bet credits equal to the amount you lost up to the advertised amount. For example, if your LA sportsbook promo offers first-bet insurance up to $500 and your first bet of $300 loses, you will receive a $300 bonus bet.

You won’t get a bonus bet if your initial wager wins, but you will get a nice boost to your sports betting bankroll from the profit of your winning play. First bet insurance promos deliver a good value on your first deposit and allow you to take a shot at a big win right out of the gate. Be sure to analyze the terms and conditions before signing up to see what bet types are eligible and if there are any rollover requirements before you can withdraw.

Bonus bets

The most popular LA sportsbook promos among beginners on the market are bonus bets that activate when you make a small qualifying wager. Examples of this type of bet include DraftKings’ Bet $5, get $200 welcome offer, and FanDuel’s Bet $20, get $200 promotion. In some cases, your first bet must win to receive your bonus bets, while in other instances, sportsbooks will award the bonus bet credits regardless of the result of your first play.

Many sports fans consider these the best LA sports betting promos because they are low-risk and high-reward, making them an excellent option for sports bettors with a small budget who are just starting. Like always, read the terms and conditions on these offers to see if your bonus bet credits have an expiration date and if winnings have any playthrough requirements.

Deposit matches

Sportsbooks offer a wide range of deposit matches, from 20% of your first deposit to 100%, with bonus credits usually hitting your account immediately. For example, a Louisiana sportsbook promo offering a deposit match of 100% on first deposits up to $1,000 would award you $750 in bonus bet credits if you make an initial deposit of $750.

These bonuses each come with a rollover amount that you must bet before you can withdraw funds to prevent players from removing their deposit match bonus immediately. While sportsbooks use deposit matches in sign-up offers nationwide, there aren’t any active among the Louisiana sports betting promos.

Louisiana online sportsbooks

Players interested in gambling on sports in Louisiana can choose from eight different active online sportsbooks. All eight of these LA sportsbooks are fully regulated, and the state has awarded them a license to operate legally via the Louisiana Gaming Control Board. Below are some of the key features each of these books has to offer in addition to their Louisiana sportsbook bonuses.

Louisiana online and mobile sportsbooks

Louisiana betting resources

Louisiana betting promos are one of the biggest reasons new players try specific sportsbooks. While this Louisiana promo page was designed to give an in-depth look at the best LA sports betting promos, the betting experts at SBR have also compiled additional betting resources to help you decide which online sportsbook in Louisiana best fits you. 

The Louisiana Sports Betting page covers everything you need to know about sports betting in Louisiana, our best sportsbook promos page covers all available promos for legal sportsbooks, and our Caesars review goes in-depth for our top-rated sportsbook in LA.

Responsible sports betting with Louisiana promos

The Louisiana Gaming Control Board makes it easy for players struggling with gambling addiction to get the help they need. The LGCB website provides valuable resources from the Office of Behavioral Health and a toll-free Louisiana Problem Gamblers Help Line that is available 24/7, and you can reach it at 1-877-770-7867.

Louisiana residents that struggle with problem gambling also have the option of applying for self-exclusion. This exclusion program allows gamblers to add themselves to a list that will prevent them from accessing their online sports betting accounts and entering retail gambling locations in LA.