OwnersBox Promo Code: $500 First Deposit Match Dec. 2024

Best OwnersBox promo codes & bonuses — verified

When you use OwnersBox, you’re setting yourself up for a dual welcome bonus featuring two free entries and a hefty deposit match. After that, you’ll have access to the operator’s suite of promos for returning players and its rewards program.

$5 Lightning Lineups entry + $5 Salary Cap entry — on the house

After completing your registration, you’ll receive two $5 entries — one for the OwnersBox Salary Cap game and the other for its Lightning Lineups game, with no deposit required.

This free bonus is a great way to get a feel for the platform and test out the contests. The two promos have wagering requirements, so you’ll need to play through the entry fees before you can cash out.

100% deposit match + up to $500 in OwnersBucks

When you use OwnersBox, you’re in for a big incentive on your first deposit. Whatever you put in (anywhere from $10 to $500) will be matched dollar for dollar by the site.

In other words, if you deposit $100, you’ll get $100 in OwnersBucks to play with. OwnersBucks are site credits, so you’ll need to play through them in contests before you can cash out.

We found this promo more flexible than the welcome bonus, since you can use it on any contest type you like.

OwnersBox promotions for existing customers

After burning through the welcome bonus, OwnersBox keeps the rewards flowing with some solid options for regulars.

Here’s what you can tap into:

• Refer-a-friend: OwnersBox puts a new spin on referrals with its referral tree system. Not only do you earn for each friend you bring in, but also for friends of friends. For a direct deposit of $25 from the friend you bring on board (Tier 1), you’ll get 25 OwnersBucks. If their friend deposits, you’re entitled to 10 OwnersBucks (Tier 2); for Tier 3 referrals, you’ll receive 5 OwnersBucks.
• Cashback system: You get 1% back in OwnersBucks for every paid entry. As you keep entering contests, these OwnersBucks turn into real money at a conversion rate of 4%–5%, based on the number of paid entries you’ve made in the last 30 days.

OwnersBox promo code summary

Gambling problem? Call 1-800-GAMBLER

If you’re in one of the 37 states (including DC) where OwnersBox operates, just enter the promo code SBRBONUS at the end of registration. You’ll qualify for a sign-up offer that includes $10 in free entries and a 100% deposit match up to $500 in OwnersBucks.

What do you get from the OwnersBox welcome bonus?

The OwnersBox welcome bonus offers three types of gameplay. First up is your real money deposit, which triggers the bonus. This cash is yours, with no strings attached. You can win a contest with it, and you can withdraw right away.

Next up are:

• Tickets: These free contest entries let you join fantasy sports contests without spending your own funds. Just remember, tickets have an expiry date and come with a 3:1 playthrough requirement on any winnings before you can cash out.
• OwnersBucks: You can use these site credits for special contests or convert them into real cash by playing paid contests. Based on your recent activity, the conversion rate is 4%–5% of entry fees. You can’t withdraw or purchase OwnersBucks directly, but you’ll stack them up through gameplay, referrals, and promotions.

How to claim the OwnersBox welcome bonus

The onboarding process at OwnersBox is pretty similar to other DFS sites, with a few minor tweaks. Here’s how to get started and unlock the two-part welcome bonus successfully.

1. Register

Right off the bat, there’s a slight difference from other DFS platforms — namely, OwnersBox asks for phone verification first. After entering the 6-digit code, you’ll move on to the standard registration, where you’ll need to provide personal details (address, birthday, etc.) and set up your login credentials.

2. Enter the promo code

At the end of the sign-up process, you’ll see a box for a referral code.

If everything checks out, you’ll find your $10 in free entries waiting in your account. If something doesn’t match up, it might ask for the last four digits of your SSN (or SIN in Canada) to complete the verification. Keep in mind that until your account is verified, you won’t be able to deposit or enter contests.

3. Deposit

The deposit button is conveniently located next to your balance in the top right corner. You can fund your account using credit, debit, or online banking. The minimum deposit to trigger the OwnersBox welcome bonus is $10.

4. Play contests

The three main contest types (Player Picks, Salary Cap, and Lightning Lineups) are displayed at the top. Depending on whether you're using tickets or OwnerBucks, you can jump into any of them and start playing.

5. Withdraw

Once you clear the wagering requirements of the OwnersBox welcome bonus, you can cash out your winnings using physical checks or debit/credit cards. The minimum withdrawal amount is $10.

OwnersBox promo code terms & conditions

OwnersBox imposes reasonable terms on its welcome bonus, especially considering how generous it is. Here are a few things to keep in mind:

• Wagering requirements: Free entry tickets carry a 3:1 playthrough, so you’ll need to play through each entry 3 times before you can withdraw. The deposit match bonus comes with a 10x rollover.
• Conversion rate: Every time you wager with OwnersBucks, 4% of what you put in converts to real cash. While the total wager requirement is $1,000 to cash out the full bonus, the 4% conversion rate means that a chunk of every bet is ready for withdrawal right away.
• Time limits: You can claim the bonus at your own pace but once activated, you have 30 days to use your OwnersBucks before they expire.
• Eligibility: The incentives are available to anyone 18+ not signing up from restricted states, including Arizona, Connecticut, Delaware, Hawaii, Idaho, Indiana, Iowa, Louisiana, Michigan, Montana, New York, Nevada, and Washington.

Who can use the OwnersBox promo code?

The OwnersBox welcome bonus is available in 37 states (including DC) and Canada. However, if you're in one of the restricted states listed above, you won’t be able to make the qualifying deposit or use the bonus bucks.

To unlock the sign-up offer, you need to be 18 or older and in an eligible state. 

OwnersBox contests

OwnersBox runs various contests, including weekly drafts, Superflex DFS, and its flagship Lightning Lineups, where you pit your randomly generated lineup against the house. It’s also added Pick’em games, which resemble prop bets you'd see at traditional sportsbooks.

Each contest type is outlined below.

Player Picks 🎯

With Player Picks, you go against the house by picking 2–6 players and predicting whether they’ll hit “more” or “less” in various stat categories.

For example, you can pick Patrick Mahomes to throw for “more” than 280.5 passing yards in a game or choose “less” if you think he’ll fall short. This mode covers the NFL, NBA, MLB, NHL, and more, with stats like touchdowns, rushing yards, and strikeouts.

There are two game modes:

• Perfect Picks, where you need to nail every selection to win up to 35x your entry.
• Protected Picks, which let you win even if you miss one or two picks, offering lower risk but smaller payouts.

Salary Cap 💰

With OwnersBox Salary Cap contests, you build a lineup while staying under a set budget. Every player has a salary based on projections, so you’ll need to be strategic with your picks. The Superflex format adds extra flexibility by allowing one additional player from any skill position.

Several contest types exist, including guaranteed prize pools, which pay out regardless of the number of entries. Moreover, you can enter satellites, where you compete for entry tickets to bigger contests.

Single-entry contests allow just one lineup per user, while multi-entry contests let you submit multiple lineups for a better chance to win. You can enter using real cash, OwnersBucks, or tickets, and enjoy NFL, NBA, MLB, and NHL contests.

Lightning Lineups ⚡

Lightning Lineups is a fast-paced contest where you face off against the house by picking from pre-set lineups. You’ll get three random lineups of three players each; you’ll need to decide on one you think will score the most points. If none of the lineups look good, you can re-spin for a fresh set until you're satisfied.

This fast-paced format covers major sports like the NFL, NBA, MLB, and NHL. Unlike traditional DFS, there's no need to build a lineup yourself — premade picks are available. The more lineups you add, the higher the potential payout, with up to 3 entries allowed at once.

The scoring system is straightforward, too. For example, passing yards give 0.04 points per yard, touchdowns are worth 4 points, and receptions give 1 point. It’s simple, high-reward fun for fantasy players who want some quick action.

Nightly and Weekly Guarantees 💰

OwnersBox regularly runs contests with guaranteed prize pools for big games, especially Sunday Night and Monday Night Football, or the Saturday Night NHL lineup of games. These pots can reach as high as $150,000+ sometimes. 

These contests have a minimum guaranteed prize pool, no matter how many entries they do (or don't) receive. Watch for these opportunities, as they can produce some excellent top prizes for winning players. 

OwnersBox deposit options 💳

OwnersBox supports several deposit methods, including online banking and credit/debit cards (Visa and Mastercard). The minimum deposit is $10 across all methods, and there are no fees associated with depositing funds into your account.

Keep in mind that Canadian users can only deposit with a credit card at this time.

Why sign up with OwnersBox?

OwnersBox is one of the best DFS sites in the U.S. and Canada, which says a lot given the speed at which this space has exploded and how competitive it’s become. Here’s why we think OwnersBox stands out.

Lightning Lineups ⚡

OwnersBox’s flagship product, Lightning Lineups, is a fast-paced, pick-up-and-play contest where your lineup goes head-to-head with the house. You choose from three random lineups and try to outscore the house for a quick win. It’s a fast, engaging way to play with no salary cap to worry about.

SuperFlex 💪

SuperFlex gives you lineup flexibility, letting you slot in a QB, RB, WR, or TE in the flex position. It’s not exclusive to OwnersBox but rare on other DFS platforms, adding creativity to your roster-building strategy.

Referral bonus 🤝

OwnersBox offers a unique referral bonus that rewards you for every friend who signs up and deposits. You also earn additional rewards for any referrals your friends make, creating a multilayered reward system.

Big welcome bonus ⭐

OwnersBox currently boasts one of the largest welcome bonuses in the DFS market, with a 100% deposit match up to $500. Plus, it throws in two free contest entries, resulting in one of the most enticing offers for new players.

Mobile 📱

Like other top sports betting apps, the OwnersBox app is lightning-fast, with smooth navigation. Though the dark theme might not be everyone’s favorite, the clean interface makes it easy to navigate through sports, stats, and players. We found it especially useful for Player Picks, where stats are well-organized for easy selection.

Comparison to other DFS sites

In addition to OwnersBox, below are some of the other top DFS sites.

$20 Deposit bonus

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Free Pack + Deposit Bonus

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100% Deposit Bonus of up to $100

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No Sweat First Entry up to $250

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Deposit match up to $200

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Free $3 of Sweeps Coins + 3,000 Free Coins

Terms and conditions apply.

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For more information, including a full list of legal DFS states, check out our guide to the best DFS sites.

Where is OwnersBox legal?

The legality of OwnersBox contests varies by contest type and state.

Player Picks games are available in 19 states + DC, Lightning Lineups are available in 24 states + DC and Salary Cap games are legal in 37 states + DC All three content types are legal in Canada.

The full U.S. availability breaks down as follows:

OwnersBox is a great option but if it's not available in your state or you're just looking for an alternative, you can't go wrong with the Betr picks promo code, PrizePicks Promo Code, Novig promo code, Fliff promo code, Underdog Fantasy promo code, or Thrillz promo code.

OwnersBox latest developments

October 2024: OwnersBox partners with Kroger, giving players a chance to win giveaways equating to groceries for an entire year. The grand prize net value is $5,200, and Kroger is giving away 35 additional prizes worth $12,000. The promo ends on October 31.

2019: OwnersBox launches on August 1, becoming the latest DFS site available in multiple states. The site is now available in 36 states + DC and Canada.