As the details for Florida sports betting continue to unfold, sports bettors in the Sunshine State can look ahead to the possible welcome bonuses offered by the state’s online sportsbooks. The best Florida sportsbook bonus offers and promo codes will be offered to new bettors.
Nearly all legal sportsbooks in the US offer welcome bonuses, crediting new players with bonus bets. Deposit matches and bonus bets stand as the most common types of welcome bonuses.
Florida’s upcoming online sportsbooks could also extend pre-launch, no-deposit bonuses, gifting players with bonus betting credits for signing up before a sportsbook launches.
It’s still unknown which online sportsbooks will make their way into the Florida market, but some of the most likely candidates offer the following welcome bonuses in other states:
Potential Online Sports Betting Bonuses In Florida
DraftKings Sportsbook
The DraftKings Sportsbook welcome comes in the form of a 20% deposit match bonus up to $1,000. This bonus carries a 25x playthrough requirement, meaning for every $25 wagered, $1 of the bonus is unlocked.
FanDuel Sportsbook
Signing up at FanDuel Sportsbook unlocks a bonus bet up to $1,000. The first wager you make with FanDuel is covered by a full rebate if it loses, up to a $1,000 max.
BetMGM
Like FanDuel, the welcome bonus at BetMGM is offered as a bonus bet. The BetMGM bonus bet covers your first wager up to $600, but only if the bet is a loser.
BetRivers
BetRivers extends one of the most player-friendly welcome bonuses in the US. Your first deposit at BetRivers is eligible for a 100% deposit match bonus up to $250, with only 1x playthrough required.
WynnBET
WynnBET Sportsbook’s welcome offer presents a bonus bet up to $500. Like the other bonus bet offers on this list, the WynnBET promotion covers your first single bet at the sportsbook if it loses.
Online Sports Betting In Florida
Legal sports betting should come to Florida thanks to an agreement known as the 2021 Florida Gaming Compact. The agreement allows the Seminole Tribe of Florida to offer online sports betting apps throughout the state.
The agreement appears to allow at least two online sports betting skins to operate in Florida. One would presumably launch as a Seminole Hard Rock branded platform.
The other available skin could go to one of sports betting’s biggest online brands. Potential operators in the running for that spot could include DraftKings, FanDuel, BetMGM, BetRivers, or WynnBET.
DraftKings Sportsbook
DraftKings Sportsbook offers legal online sports betting in several states. As one of the most recognizable names in the sports betting industry, DraftKings stands as a strong potential candidate for Florida’s pending online sports betting license.
New players at DraftKings Sportsbook can unlock a 20% deposit match bonus up to $1,000. The DraftKings bonus comes with a 25x playthrough requirement, meaning you earn $1 in bonus money for every $25 wagered at the sportsbooks.
To unlock the full bonus, you would need to deposit at least $5,000 and make $25,000 in total wagers. DraftKings Sportsbook offers one of the most comprehensive online sports betting sites in the US.
DraftKings Sportsbook welcome bonus: 20% deposit match up to $1,000 (25x playthrough requirement).
Claim the welcome bonus at DraftKings soon.
FanDuel Sportsbook
Like DraftKings, the FanDuel brand persists as one of the biggest names in legal US sports betting. FanDuel Sportsbook could end up acquiring a Florida online sports betting license as the state’s legal situation plays out.
FanDuel Sportsbook’s welcome offer comes as a bonus bet up to $1,000. After making your first deposit, your first single bet is eligible for a full refund if it loses, up to a $1,000 cap.
The most popular online sportsbook in the US by market share, FanDuel Sportsbook offers just about anything you could want in a mobile sports betting app.
FanDuel Sportsbook welcome bonus: Bonus bet up to $1,000.
Claim the offer at FanDuel soon.
BetMGM
The online extension for the MGM Resorts brand, BetMGM offers mobile sports betting in numerous US states. While it appears that Florida will only have one online sports betting license up for grabs, BetMGM could emerge as the brand that wins that license.
BetMGM offers new sign-ups a bonus bet up to $600. Your first wager at BetMGM is covered by a full rebate, up to $600, if it ends up losing.
If BetMGM comes to the Sunshine State, Florida bettors will find a thorough menu of choices from domestic, international, and niche sports.
BetMGM welcome bonus: Bonus bet up to $600.
Claim the offer at BetMGM soon.
BetRivers
Another one of the most prolific sports betting brands in the US, BetRivers represents the online gambling platform offered by Rush Street Interactive. In just three years, BetRivers has expanded to offer mobile sports betting in eight states.
BetRivers tops the list when it comes to generous welcome bonuses among legal US sportsbooks. New players at BetRivers can enjoy a 100% deposit match up to $250.
The BetRivers deposit match carries just a 1x playthrough requirement, setting it apart from just about any other bonus in the industry. For every $1 wagered, you unlock $1 in bonus money.
BetRivers Sportsbook welcome bonus: 100% deposit match up to $250 (1x playthrough requirement).
Claim the welcome bonus at BetRivers soon.
WynnBET
WynnBET sits as perhaps a dark horse candidate to land a Florida sports betting license. The platform debuted in New Jersey last summer and has since expanded into a total of six states.
WynnBET offers new players a welcome bonus in the familiar form of a bonus bet. The WynnBET bonus bet covers your first wager at the sportsbook will a full rebate if it loses, up to a $500 cap.
Even though it’s one of the later arrivals to the US sports betting industry, WynnBET offers one of the most solid overall mobile wagering packages in the industry.
WynnBET welcome bonus: Bonus bet up to $500 soon.
Types Of Sports Betting Bonuses
Just about every legal US online sportsbook offers some kind of welcome bonus, offering potential players bonus betting credits.
The most common welcome offers include deposit match bonuses, bonus bets, and pre-launch offers. Many sportsbooks also present recurring promotions, including odds boosts, parlay insurance, referral bonuses, and loyalty reward programs.
The terms and conditions for welcome bonuses can vary significantly across the different sportsbooks.
Deposit Match Bonus
A deposit match bonus takes your first deposit and matches a percentage of it with an equal amount of bonus betting credits.
DraftKings Sportsbook, for instance, extends a 20% deposit match up to $1,000 to new players. Using that offer, you would have to deposit $5,000 (or more) to be eligible to unlock the full $1,000 bonus.
BetRivers Sportsbook, on the other hand, welcomes new bettors with a 100% deposit match bonus up to $250. While the cap is lower than what DraftKings offers, the 100% match represents a much more generous percentage.
Deposit match bonuses generally come with a playthrough condition, and you’ll have to use your deposited funds for bets to unlock increments of the bonus. At DraftKings Sportsbook, the playthrough requirement is 25x.
The 25x playthrough means you’ll unlock $1 of the bonus for every $25 you wager. To earn the full $1,000 bonus, you need to deposit at least $5,000 ($1,000 equals $5,000*20%) and wager a total of $25,000.
By comparison, you can earn the full $250 bonus at BetRivers by depositing $250 and wagering $250 total.
Bonus Bets
The bonus bet bonus covers your first bet at a sportsbook with a full refund if it loses up to a predetermined cap.
At FanDuel Sportsbook, for instance, new players can enjoy a bonus bet up to $1,000. The refund only applies to your first single wager at FanDuel Sportsbook and maxes out at a $1,000 rebate.
BetMGM ($600 bonus bet) and WynnBET ($500) also present bonus bets as welcome bonuses.
No-Deposit Bonuses
Some sportsbooks put bonus betting credits in your account just for signing up. Florida’s upcoming online sportsbooks will likely extend pre-launch offers, rewarding players for registering for an account before the actual launch of the sportsbook.
Once the mobile sports betting app goes live, you’ll see the bonus betting credits from the no-deposit offer already in your account.
How To Claim Online Sportsbook Bonuses In Florida
Choosing An Online Sportsbook
It looks like Florida bettors will have a choice between a Seminole Hard Rock online sportsbook and one other brand. Check back with FloridaSharp.com for detailed reviews on each sportsbook after launch day.
Finding The Sportsbook App
Most US online sportsbooks offer their platforms as mobile apps (for both Apple iOS and Android devices), as well as browser-based sites.
Downloading A Mobile Sports Betting App
Apple device owners can find all available Florida sports betting apps in the App Store. For Android users, some sportsbook apps are offered in the Google Play store but others must be downloaded directly from the sportsbook’s website.
Registering For An Account
Required information for an online sportsbook account generally includes first and last name, a valid email address, and the last four digits of your Social Security number. You might have to provide additional details depending on the sportsbook’s terms and conditions.
Making Your First Deposit
Once you’ve registered for a new account, navigate to the “Cashier” or “Add Funds” tab to bring up the menu of deposit options. Most sportsbooks allow deposits using PayPal, Play+ Prepaid cards, ACH/eCheck (online banking), and credit/debit cards.
Claiming A Welcome Bonus
When launch day arrives for Florida’s online sportsbooks, FloridaSharp.com will offer promo codes that unlock the available bonus offers. Check back with this page for the latest information on welcome bonuses.
Cashing Out
PayPal, Play+, and online banking mark some of the most reliable and fastest ways to withdraw from your sportsbook account. Once you’ve requested a withdrawal, the funds generally appear in your bank account within 2-5 business days.
Florida Online Sportsbook Bonuses FAQs
Online sports betting, like all other kinds of legal gambling in Florida, requires a minimum age of 21.
Mobile sportsbooks will require that you provide proof of age and identity when signing up for an account.
Yes. It appears that at least two online sportsbooks will get the green light for launch in Florida, and you can sign up with and claim the welcome bonus offers at each.
Playthrough (aka rollover) requirements mandate that you wager a certain amount of your deposit to unlock bonus betting credits. The playthrough requirements at each sportsbooks can vary drastically.
DraftKings Sportsbook, for example, requires 25x playthrough. For every $25 wagered, you unlock $1 of bonus money.
You can only sign up for one account at a chosen sportsbook and must use your real identity details to do so.
Bonus abuse involves trying to sign up for multiple accounts at the same sportsbook using falsified identification details. Be sure only to use your own name, email, and Social Security number when signing up for a new sportsbook account.
DraftKings Sportsbook offers new bettors a 20% deposit match bonus up to $1,000. The bonus comes with a 25x playthrough requirement. You must deposit $5,000 (or more) and make $25,000 in bets to unlock the full bonus. You can claim it here when DraftKings launches in Florida.
FanDuel Sportsbook offers new players a bonus bet up to $1,000. After making your first deposit, your first bet with FanDuel is eligible for a full rebate, up to $1,000, if it loses. You can claim it here when FanDuel launches in Florida.
You’ll generally have to wager through any earned bonus credits before they convert into real money. For example, if you claim a $50 pre-launch no-deposit offer, you’ll see $50 in your player account when you log in to the sportsbook; however, that $50 can’t be directly withdrawn and must be used for bets before you can cash it out.
About the Author
