Texas Sports Betting Promos and Bonuses: Best Expected Offers 2024

Texas sports betting promos quick facts

All Texas sportsbook promo codes and bonuses

Should the Texas House and Senate agree on a sports betting bill and Governor Greg Abbott sign it into law, the Lone Star State will become home to some of the country’s best sportsbooks and sports betting apps.

While it’s impossible at this point to confirm which online sports betting sites will launch, forecasting options based on the history of active markets can provide a rough picture of Texas’ potential sports betting future.

Below is a list of possible Texas sportsbook promo codes and welcome bonuses that we believe are most likely to arrive in the Lone Star State eventually:

1. DraftKings Texas welcome offer

DraftKings has earned a reputation as an industry titan, fittingly offering one of the best sportsbook promos new users in any legal market can obtain. Should it eventually launch in the Lone Star State, its bet $5, get $200 in bonus bets reward would instantly become the top Texas sportsbook bonus.

Here’s what else you should know about DraftKings’ sign-up offer:

• A DraftKings promo code is not necessary to get started.
• After signing up, deposit and wager at least $5 on any sports market. 
• Regardless of whether your qualifying bet wins or loses, DraftKings will gift you $200 in bonus bets.
• The $150 will come as eight (8) $25 bonus bets.
• If you do not use the bonus bets within seven days, they will expire.

Read our complete DraftKings review to get an idea of what could come to Texas.

DraftKings promo pros and cons

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

DraftKings’ bet $5, get $200 in bonus bets offer allows newbies to ease their way into the sports betting space. Not only are the $200 in non-withdrawable bonus bets guaranteed so long as you place a qualifying wager of $5 or more, but the reward also contains no odds restrictions.

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

You cannot withdraw the eight $25 bonus bets garnered from the DraftKings sign-up promo as real cash. Rather, you must use them to make additional bets with the sportsbook. For example, should you place a $25 bonus bet on a market with odds of +500 and win, you’d receive $125 in cash you could take out at once.

Why DraftKings’ bonus is better than the others

DraftKings offers first-timers a lower wagering requirement than any of the other projected Texas sportsbook promos. Putting down $5 to instantly add $200 to your bankroll — on top of any other potential earnings — is an excellent, low-risk way to dip your toes into the waters of sports betting.

2. Caesars Texas welcome offer

Owning perhaps the most sterling reputation in the industry, Caesars backs up its flash and pomp with an undeniably expert product. Its up to $1,00 welcome offer would immediately become the most lucrative Texas sportsbook bonus for new users.

Here are some other details to keep in mind concerning Caesars’ new-player bonus:

• The projected Caesars promo code — SBRBONUS1000 — is required to snag the offer.
• After you’ve created an account, your minimum initial deposit must be $10 or more.
• You can make your qualifying wager on any sports market. If it fails, Caesars will return your stake, up to $1,000, as one bet credit.
• The single bet credit cannot be split into multiple smaller wagers. You will receive it within 48 hours of your initial bet settling.
• The bet credit has a lifespan of 14 days.

Check out our Caesars review to learn more about the platform while you wait for TX to legitimize sports betting.

Caesars Sportsbook promo pros and cons

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

If you’re looking to dive into sports betting head first and garner the biggest early payday possible, you won’t find a better Texas sportsbook bonus than Caesars’. The promo provides you with a safety net — up to $1,000 — should your initial wager lose, meaning that you can afford to take a riskier approach than usual if comfortable.

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

If your qualifying wager with Caesars flops and you receive the single bet credit, you can use it to wager on an underdog to try and win big or a favorite to have a higher chance of success. Whatever path you choose, just make sure you’re comfortable with it first.

Why Caesars’ bonus is better than the others

To put it plainly: Caesars’ sign-up bonus looks to be the most lucrative of all the Texas sportsbook promos potentially coming to the Lone Star State. If you want the most bang for your buck, you’ll find it with Caesars.

3. BetMGM Texas welcome offer

If you’re looking for a reliable online sportsbook backed by years of experience, BetMGM is a solid choice. Should the platform ever launch in Texas, it will likely offer its standard $1,500 back in bonus bets sign-up promo.

Keep the following in mind when considering BetMGM’s bonus for first-timers:

• Once you've signed up for an account, you must deposit at least $10.
• Sort through the available sports markets and place your first wager. If it bombs, BetMGM will return your money, up to $1,500, as bonus bets.
• The bonus bets will be divided into 20% denominations on wagers of $50 or more. If you wager less than $50, you will receive one bonus bet.
• The bonus will drop into your account within 24 hours; you’ll have seven days before it expires.

Excited by the notion of BetMGM potentially coming to TX one day? Dig into our BetMGM review for further insights.

BetMGM promo pros and cons

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

The BetMGM welcome bonus allows you to make a riskier initial wager than you might have otherwise since the sportsbook will return your stake, up to $1,500, in bonus bets if you lose.

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

Should you lose your first bet with BetMGM, the amount of real money you can obtain with the bonus bets depends on how they fare. You won’t earn any cash if you get five (5) $300 bonus bets, and each of them goes on to lose. But should any of them prove successful, the profits are yours to take out as you please.

Why BetMGM’s bonus is better than the others

You will likely be hard-pressed to find Texas sports betting promos worth $1,500 or more. In addition to offering such a high maximum value, BetMGM delivering its bonus bets in five installments on losing first wagers of $50 or more provides worthwhile flexibility.

How we rate and review sports betting promotions

Once sports betting is legalized in Texas, our team of industry experts will closely evaluate every online sportsbook granted a license by the state’s regulator.

As part of this broader assessment, we’ll also zero in on the Texas sports betting promos extended by operators to determine their quality. Here are just a few of the questions we consider as we make our examinations:

• What is the maximum value of the sign-up offer?
• Is the welcome bonus guaranteed, or does it require specific actions to unlock?
• What type of bonus is the welcome offer? Is it a deposit match, bet and get, or first bet insurance offer?
• Is it necessary to input a promo code to claim the offer?
• How complex are the playthrough requirements, and can they be fulfilled within a brief timeframe?
• How quickly does the bonus expire?

Types of Texas sign-up offers and bonuses

The three most common sportsbook sign-up bonuses available in states with legal sports betting are deposit matches, bet and gets, and first bet insurance offers. Here’s a breakdown of how each of these potential Texas sportsbook promos works:

Deposit Match

Deposit match welcome bonuses are what they purport to be: After registering and making an initial deposit, the sportsbook will match however much you put down, up to a specified amount. For example, if your chosen betting site is offering a 100% deposit match up to $500, you can add $500 in cash to your account and receive an additional $500 in bonus funds. Keep in mind that you can withdraw the cash at any time, but the bonus funds must be used to wager with the sportsbook.

Bet and get

Bet and get bonuses are excellent for first-time players since they often have low wagering requirements to obtain comparatively greater rewards. After making your first deposit and wager — generally about $10 — the sportsbook will drop bonus funds into your account, regardless of whether your wager wins or fails. Occasionally, there will be an additional condition, such as demanding your first bet win.

First bet insurance

Should legal Texas betting promos become available to Lone Star State bettors, you won’t have to look far to find first bet insurance offers. These bonuses only activate when your initial wager loses; then, the sportsbook will return your stake, up to a certain amount, as non-withdrawable bonus funds. For example, Caesars generally provides the most lucrative first bet insurance offer in legal markets, returning up to $1,250 as a bet credit if your first wager flops. And while Caesars’ reward must be used all on one future bet, always read the terms and conditions associated with the offer you’re claiming, as some sportsbooks will allow you to break up your first bet insurance funds into multiple wagers.

Texas online sportsbooks

Because sports betting is not yet legal in Texas, there are currently zero online sportsbooks accessible in the Lone Star State. However, you can place wagers at several horse tracks — Gillespie County, Lone Star Park, Manor Downs, Retama Park, and Sam Houston Race Park — and greyhound tracks — Gulf Greyhound Park, Gulf Coast Racing, and Valley Race Park.

If and when Texas does legalize sports betting, every licensed operator will not only attempt to attract new players with lucrative welcome bonuses, but they’ll hope their platforms are user-friendly and unique enough to keep customers around long-term.

Texas online and mobile sportsbooks

Texas betting resources

As the debate surrounding legal Texas sports betting continues in the state legislature, you can follow the legal status of sports betting in every state with our legal sports betting state tracker.

We've also devised multiple betting resource guides to prepare prospective players for when the big day finally comes. Make sure to peruse them all, especially our most popular topics: How to bet on sports, reading betting odds, and effectively managing your bankroll.

It doesn't matter what sport or league is your favorite; there's a great sportsbook bonus waiting for you at any number of legal and licensed sportsbooks if it's legal in your state. Although Texas hasn't made any move to regulate sports betting, here's a list of the best sportsbooks by category:

Responsible sports betting with Texas promos

If legal sports betting comes to Texas, whichever body inherits the role of the state regulator will be in charge of reviewing applications, issuing licenses, performing audits, enforcing laws, and handing out fines. It will also oversee responsible gaming initiatives, providing resources, prevention services, and treatment options. 

Because the state lottery, horse racing betting, and greyhound betting already exist in Texas, several departments and organizations are already working on getting ahead of problem gambling challenges:

• Texas Gamblers Anonymous can be reached at 1-855-222-5542
• The University of Texas in Austin offers problem and compulsive gambling support
• The Texas Lottery Commission has plenty of helpful resources
• There are 17 Texas Gambling Addiction Treatment Centers in the state

Additionally, the Texas sports betting regulator will likely work alongside licensed operators to help curb problem gambling by limiting gaming sessions, setting budgets, and creating other custom settings for bettors to use as they wish.

Sportsbook promos and bonuses in other regions

U.S. states with legal sportsbook promos and bonuses

Sportsbook promos and bonuses in international regions

Canada sportsbook promos (excluding Ontario)  

U.K. sportsbook promos