Wyoming Sports Betting Promos & Bonuses: Best Offers for April 2024

Wyoming sports betting promos quick facts

*Some sportsbooks still require users to be at least 21 to play.

All Wyoming sportsbook promo codes

The Wyoming sports betting scene currently includes four major sportsbooks. BetMGM and DraftKings were the trailblazers, opening their doors on the very first day of legal sports betting in the state. FanDuel and Caesars would both join the party within the first year.

PointsBet also secured a license for Wyoming, but they haven't made their debut there yet. Fanatics recently acquired them, so the company is likely sorting out the details of that deal before they launch in the Equality State.

Wyoming sportsbooks are pulling out all the stops with their welcome bonuses. The power of a robust sign-up offer as a marketing tool is evident. BetMGM is out front when it comes to total dollar value, offering new users a $1,500 first-bet insurance offer.

Meanwhile, other sportsbooks have tweaked their introductory promos. Some sportsbooks are shifting gears with their offers, moving away from deposit matches and first-bet insurance and leaning towards a "bet and get" bonus model. These are easier on the wallet initially but don't reach BetMGM's generous maximum total value.

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1. DraftKings WY welcome offer 👑

DraftKings' promo for first-time bettors is a bet $5, get $200 in bonus bets deal. It's as simple as it sounds. Once you drop a $5 (or more) bet, the sportsbook will toss you $200 in bonus bet credits, ready to use across any market. You don’t need a DraftKings promo code to claim the offer; just make the qualifying wager after registration, and the bonus is yours. 

To ensure you maximize this bonus, here are some key points from the terms and conditions: 

• To be eligible for the promo, you must deposit and place a bet of $5 or more. Conveniently, the sportsbook's minimum deposit is also $5, which matches the welcome bonus's requirement.
• This bonus offer is valid until May 6, 2024.
• After your qualifying bet settles, DraftKings will send over your bonus in the form of eight (8) $25 coupons.
• You've got a seven-day window to use these bonus bet coupons, so don't let them sit for too long.
• There are no market or odds restrictions. Whether you're eyeing favorites, longshots, or anything in between, it's all fair game.
• Payout Speed: Within 24 hours

If you use bonus bets and win, they'll deduct the original stake from your winnings. So, if you've backed the Eagles at +100 with a $25 bonus bet, you're looking at a $25 profit, not the full $50 you'd get if you made a bet with regular real money.

Now, let’s see how this bonus stacks up against others:

• It’s one of the best Wyoming sports betting promos for new users. Over at Caesars, you'd have to shell out (and lose) a $150 bet to pull a comparable bonus. With DraftKings, a $5 wager does the trick.
• Unlike some offers where the bonus only kicks in if your first bet tanks, DraftKings hooks you up regardless of that initial bet's outcome.

If you're curious about what sports or bets you can use this bonus on, along with other details about DK, take a look at our DraftKings review. 

2. FanDuel WY welcome offer 🔵

In the ongoing debate of FanDuel vs. DraftKings, the similarities are striking across the board, and this is also evident in their welcome bonuses. FanDuel presents new users with a bet $5, get $150 in bonus bets welcome offer.

To claim this bonus, sign up, deposit a minimum of $10, and place a bet of $5 or more. If the bet wins or loses, you collect the bonus. No FanDuel promo code is required. 

To make the most of this offer, here are some key terms you'll want to be aware of: 

• To qualify for the bonus, you need to wager $5. However, FanDuel's minimum deposit stands at $10.
• You can make any bet in order to qualify for the bonus bets, as long as it settles soon.
• If your initial wager wins or loses, you'll earn $150 in bonus bets.
• You can spread out the bonus bets however you see fit.
• The bonus bets have a seven-day lifespan.
• Payout Speed: Within 24 hours

The bonus bets from FanDuel come with a 1x rollover. In practical terms, if you use the $150 in bonus bets on, say, the Yankees at +100 win or lose, you'll pocket the $150 profit. 

Now, let's see how this bonus compares to others:

• This is arguably the top Wyoming sportsbook bonus for newcomers. Remember that you must deposit $10 to activate FanDuel's bonus, while DraftKings lets you in for just $5. However, the terms are much different after that.
• FanDuel's flexibility with the bonus bets is a big win — no restrictions on markets or odds, and you decide how to spread out the bonus bets.
• You have to win your first bet at FanDuel in order to qualify, making this offer comparable (or slightly worse) to competing bonuses that may give you the bonus win or lose.

FanDuel is arguably the best mobile sports betting app in Wyoming (and most other states), with a superb welcome offer. To learn more, check out our detailed FanDuel review.

3. Caesars WY welcome offer 🏛

Caesars offers a $1,000 first bet on Caesars welcome bonus. After registering, you must deposit and bet at least $10 to lock in this introductory offer. Just use Caesars Sportsbook promo code SBRBONUS1000 when prompted. 

To navigate this offer smoothly, here are some key points from the terms and conditions you'll want to keep in mind:

• Use the bonus code SBRBONUS1000 when signing up to claim the bonus.
• If your bet loses, you'll get your money back, up to $1,000, as a single bonus bet.
• After registering, you have 30 days to place a bet of $10 or more to receive the bonus credits.
• There's a lot of freedom with this bonus: no market restrictions mean all sports and bet types are on the table.
• This offer currently has no expire date.
• A few things to watch out for: You can't use the profit boost or cash-out features with the bonus bets. If you do, you'll forfeit the bonus coupon.
• Lastly, each bonus bet has a shelf life of seven days from issuance. Make sure to use it in that timeframe.
• Payout Speed: Within 24 hours

Measuring this bonus against other Wyoming betting promos looks like this: 

• Caesars' bonus has a higher ceiling than both FanDuel's and DraftKings'. However, it does ask for a heftier deposit and a larger initial risk to unlock.
• A standout feature of Caesars' bonus is its distribution over four weeks. This setup offers bettors a broader window to make weekly NFL picks. In comparison, you can bet across four NFL weeks with Caesars' bonus bets. FanDuel and DraftKings give you just one week to use up your bonus credits.

Our fully loaded Caesars review will include anything you need to know about this excellent WY sportsbook.

4. BetMGM WY welcome offer 🦁

BetMGM offers a slightly different WY welcome bonus. While many other books offer bonus bets in a "bet and get" style promotion, BetMGM has stuck with their first bet insurance. You'll get up to $1,500 back in bonus bets should your first qualifying bet lose. Just use the BetMGM bonus code SBRBONUS when you register.

This promotion holds a larger dollar value than other WY sportsbooks, but you do have to risk a lot more of your own money to take full advantage. Here's everything you need to know.

• Create a BetMGM Wyoming account and use the promo code SBRBONUS when prompted.
• Deposit at least $10 and make your first bet on any market, with any odds.
• If your first bet wins, you receive no bonus bets.
• If your first bet loses, you'll get 100% of it back on bonus bets, up to $1,500.
• The bonus bets will be in 20% chunks if your first bet was $50 or more. Otherwise, it will come as a single bonus bet.
• Bonus bets expire in seven days.
• You cannot withdraw bonus bets as cash; only use them to make additional wagers on BetMGM.

Like any other sportsbook, BetMGM won't include the bonus bet stake amount in the payout of a winning bet. 

Here's how this BetMGM welcome offer stacks up against other WY sportsbooks:

• The $1,500 maximum bonus blows other bonuses out of the water in terms of total dollar value. For experienced bettors or higher rollers, the four-figure bonus might be especially enticing.
• Your first bet has to lose to take advantage of this bonus. Some bettors may prefer the guaranteed bonus bets offered by other books, which are awarded no matter what.

Head to our full BetMGM review if you're still curious about this great WY sportsbook choice. 

How we rate and review WY sports betting promotions

Sizing up sports betting promotions isn't just about the headline figure. You need to delve into the finer details to gauge the true worth of these Wyoming sportsbook welcome offers. We're here to shed light on those specifics.

And remember, there's no cap on how many Wyoming sports betting promotions you can grab. Signing up with multiple books and leveraging their welcome bonuses can dramatically elevate your betting game and bankroll. 

Here’s a checklist of five aspects to consider when evaluating Wyoming betting promos:

Initial investment

Check how much you need to deposit or bet to unlock the bonus. A larger bonus might come with a more significant upfront commitment. Chasing a $1,000+ bonus might be appealing, but make sure you're not risking more than you're comfortable. 

Distribution method

How is the bonus distributed? Is it a one-time drop, or is it parceled out over time? Do you have to use it all at once, or can you break it up over several smaller bets? Knowing this can shape your betting approach, especially when targeting specific events.

Rollover requirements

Always check if there are any playthrough or rollover requirements before you can withdraw bonus funds. You can't normally cash out bonus funds without betting them at least once (or sometimes more). Deposit matches are also usually unlocked slowly over time. Don't be blinded by big bonus dollar amounts without knowing the full terms and conditions. 

Validity period

Look at the bonus's validity period. Some might be short-lived, while others give you a more generous window. These expiration dates can be crucial when strategizing for specific sports seasons or events. If the bonuses expire quickly, you may be unable to use them for the bets you want. 

Market restrictions

Confirm there's a broad scope for where you can deploy the bonus. The best Wyoming sports betting promos allow you to bet on a wide range of sports and bet types, allowing you to choose how you spend your bonus bets.

With these pointers in your arsenal, you're better equipped to maximize the value of the sports betting promotions you encounter.

Types of Wyoming sports betting bonuses

You'll typically come across a few different types of Wyoming sportsbook bonus offers for new players. Each has its unique appeal, catering to different betting styles and preferences. Here they are in a nutshell:

Deposit match bonuses

A deposit match is exactly what it sounds like. The sportsbook will match a certain percentage of your deposit up to a defined dollar limit. For example, a sportsbook offers a 100% deposit match, and you deposit $100. The book will kick in another $100 to your account.

There will likely be terms and conditions attached, so don't think you can just withdraw the matching amount as cash. You'll have to unlock the bonus money by making additional bets. Remember that every sportsbook offering a deposit match also caps the amount they'll throw in.

Bet and get

These are all the rage right now. As the name suggests, the sportsbook rewards you with bonus bets once you place a qualifying bet. For example, DraftKings is offering a bet $5, get $150 in bonus bets deal right now. 

The best part of a "bet and get" welcome bonus is that, in most cases, your qualifying bet doesn't have to lose for you to take advantage.

First bet insurance

With these bonuses, if your first bet goes south, the sportsbook gives you a mulligan in the form of bonus bets. Unfortunately, your bonus bets can't be cashed out immediately, so you'll have to make another pick (or picks) and hope for better luck.

Referral bonus

After the welcome bonuses have been claimed, there are still opportunities for more rewards. Almost every sportsbook offers a referral bonus, where you can score an extra $20 to $75 (on average) by getting your friends to sign up. 

Just share a unique sign-up code or download link. If your friends use that to register a new account and make a deposit, the sportsbook will throw some extra cashback or bonus bets your way. You should check out our picks for the best sportsbook referral bonus.

Latest Wyoming sports betting news

The Wyoming sports betting scene might have seemed a bit static lately, but recent figures from the Wyoming Gaming Commission (WGC) suggest otherwise. July saw a notable uptick in wagers, nearly doubling the tax revenue from the previous month. 

The state's leading players — DraftKings, BetMGM, FanDuel, and Caesars — all reported better performance in July 2023 compared to the same month the previous year. On the regulatory side, there's been some chatter over which sportsbooks might be the next to open their doors in WY. The recently announced ESPN BET and PENN Entertainment partnership certainly turned many heads.

Latest WY sports betting updates

Jan. 25, 2024: PrizePicks adds PrizePicks Arena, a new peer-to-peer game, in Wyoming and three other states. 

March 29, 2023: DraftKings debuts DK Horse in Wyoming, a mobile betting app dedicated to horse racing, ahead of the Kentucky Derby.

Aug. 2, 2022: Caesars goes live in WY, becoming the state's fourth legal online sportsbook.

March 10, 2022: FanDuel becomes the third legal sportsbook to enter the Wyoming market.

Feb. 3, 2022: PointsBet received a WY betting license but hasn't entered the WY market yet. They were later acquired by Fanatics, likely stalling the process further. 

Sept. 1, 2021: Legal online sports betting officially goes live in Wyoming, with DraftKings and BetMGM being the only two options on Day One.

Wyoming online sportsbooks

Four major sportsbooks are currently in operation in Wyoming: BetMGM, DraftKings, FanDuel, and Caesars. BetMGM and DraftKings were the trailblazers, launching their operations right out of the gate on Sep. 1, 2021. FanDuel entered the scene a bit later, on March 10, 2022, followed by Caesars, which debuted on Aug. 2, 2022. 

While Fanatics and ESPN BET have received the green light from the Wyoming Gaming Commission (WGC), they're yet to roll out their services.

An interesting facet of Wyoming's sports betting legislation is its unique provision. The state mandates the issuance of at least five sportsbook licenses. And with no specified upper limit on permits, the potential for growth in Wyoming's sports betting market is vast.

Wyoming online and mobile sportsbooks

Wyoming betting resources

This guide offers a comprehensive overview of Wyoming sports betting promotions and insights on maximizing their benefits. However, sports betting isn't just about bonuses. To truly sharpen your betting skills and make informed decisions, check out these resources before you get in on the action: 

Sports betting bonuses: Get a holistic perspective on the array of sportsbook bonuses currently available across the U.S. This will give you a clearer idea of where Wyoming fits nationally.

Wyoming sports betting page: A closer look at the specifics of Wyoming's betting scene. This page offers a comprehensive overview of the state's market, from the regulations to the top sportsbooks.

Best sportsbooks: If you're keen on understanding the cream of the crop in the betting market, this detailed assessment of the state's premier betting sites is a must-read.

Wyoming sports teams to bet on

Wyoming isn't home to any major professional teams. Most residents flock to the University of Wyoming Cowboys as their true "hometown team." Luckily, Wyoming law allows betting on in-state college teams, except for player props.

There are a handful of pro teams in neighboring states. Colorado boasts the Broncos, Nuggets, Rockies, Avalanche, and Rapids, while nearby Utah has the Jazz and Real Salt Lake, both a short drive from Wyoming's Southwest corner.

Even if you're not interested in betting on a local team (or one that is close enough), WY sportsbooks offer a huge market range of domestic and international leagues and games.

Check out the best options for any of these categories:

Responsible sports betting with Wyoming promos

The Wyoming Gaming Commission (WGC) oversees sports betting regulation in Wyoming. Tasked with ensuring the integrity and fairness of all sports betting activities, the WGC supervises the operations of all betting apps.

In addition to its regulatory duties, the WGC plays a pivotal role in promoting responsible gambling. They collaborate closely with the Wyoming Council on Problem Gambling, which provides resources and support to those facing gambling-related challenges. 

Furthermore, the Wyoming Department of Health offers additional resources and programs to assist individuals and families impacted by problem gambling.

For those seeking assistance or more information:

Wyoming Council on Problem Gambling: A body dedicated to offering support, resources, and education related to gambling issues.

Wyoming Department of Health: Provides a range of programs and resources to promote healthy gambling habits and support those affected by gambling addiction.

National U.S. gambling helpline: 1-800-GAMBLER

Sportsbook promos and bonuses in other regions

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