On this page, we have gathered all the necessary information about the best sportsbook & betting bonuses in Illinois. Here, you can read more about the different types of promotions that are available, how to claim them, and other things you should know before signing up with a sportsbook.
Below is a list of the best sportsbook bonuses in Illinois as of March 2023:
| Caesars IL | $1250 in Bet Credits |
| BetRivers IL | Up To $500 Free Bet |
| FanDuel IL | $200 in Bonus Bets |
| DraftKings IL | $200 in Bonus Bets |
| PointsBet IL | $250 in Second Chance Bets |
| Barstool IL | Risk-Free Bet Up To $1000 |
| BetMGM IL | Up to $1000 Risk-Free Bet |
Of course, the above are not the only available betting bonuses that sportsbooks in Illinois offer. Depending on the time of the season, there are other promos available as well, that you can look for.
Every online betting site has different bonuses and promo codes, that apply for different periods of time, sports, teams, athletes, etc.
When you register on a sportsbook, usually you get a nice sign-up bonus. In order to activate it, you have to make a deposit. The amount of the required deposit differs depending on the site. The bonus also varies.
This means that it can take the form of extra cash available in your balance that you can redeem, it can be a risk-free bonus or a bonus that boosts your odds on a particular game.
Betting promo codes unlock a specific bonus on a sportsbook. They are most often offered to new players, but can also be available for users that are already registered at the sportsbook.
A promo code usually gives you a bonus when you make your first real money deposit. Not all online sports betting sites offer promo codes and they are not valid on all occasions. They come with certain terms each time, such as a minimum deposit, a minimum bet, or it is tied to a specific period of time or sport.
A no deposit bonus is the bonus a sportsbook might offer that allows you to place a bet without having to deposit any real money. However, sometimes it comes with bounding requirements.
For example, you might not be able to withdraw your profits right away, or you can withdraw them if you have reached a certain amount. On first look, the no deposit bonus looks attractive, but you have to read the terms that go with it.
Free bets in Illinois usually come upon your registration to a specific sportsbook. In order to activate them, you have to make a small deposit first.
Then you get a bonus amount, for example, $25. Note that you cannot redeem this amount for real cash, you can only use it to place bets.
Boosted odds bonus is a rather new form of bonus. It is a bonus that gives increased odds on specific wages. It could take the form of an increased payline, a point spread, or the totals of a certain bet.
Moreover, sports betting sites may offer boosted odds for specific players or teams. A boosted odds bonus does not increase the chances of winning, it increases the payout in case of win. However, not all betting websites offer boosted odds bonus.
In a general sense, a risk-free bonus allows you to place your bet with your own money but if you lose the bet, you receive a compensation. The compensation differs depending on the site.
Usually, they offer a certain amount of money. However, if you do not lose the bet, you do not get any money. If you lose partly, you will get only the amount you lost, not the whole bonus.
Sports betting sites offer deposit match bonuses typically when you sign up with them. The bonus matches a certain amount of your first deposit and gives you an equal amount in store dollars to spend on bets.
Most of the time, betting websites offer 100% match on an amount that differs from $250 to $750.
In order for betting sites to keep you as a customer, they offer a reload bonus. That is, once you reload your balance in your account with another deposit, the site will give you a percentage of that amount.
It ranges from 10% to 100%. Furthermore, the bonus comes with certain strings attached, meaning that there usually is a minimum and a maximum deposit amount.
This bonus is pretty straightforward, you receive a kickback if you refer a friend to the betting platform. The amount you get differs in each sportsbook.
Usually, you'll get a personal promo code or link that you can send to your friends. In most cases, the one you have referred needs to make a real money deposit in order for you to get your commission.
Claiming a sports betting bonus is easy. You just need to follow these three steps:
On some online sportsbooks in IL, you might come across the term rollover requirement. This is the same thing as a wagering requirement and means you need to wager an X amount of times in order to withdraw your money, and it usually applies to your first deposit. For instance, an online sportsbook might have a $10 cash bonus and a 5x rollover.
That is you deposit $10, and you get a $10 bonus. Nonetheless, you can't withdraw the money if you haven't made a full 5x rollover from the deposit and bonus.
So, when you get the $20 from the deposit and the bonus, you have to bet a total amount of $100 in order to withdraw your money ($20 x 5 = $100). Every sportsbook has different terms and conditions for such occasions so always read carefully the rules.
We have gathered the most common terms and conditions you will come across when placing or claiming your bets and bonuses. However, the terms and conditions below differ according to each sports betting operator.
One of the pros of using bonuses when sports betting in Illinois is that the bonuses actually give more money to the players to bet. As you've read, there are so many bonuses that give extra credits to place bets.
It is a way for the sportsbooks to attract more bettors and to keep them happy so that they keep betting. For the same reasons, they offer compensation for a certain amount of money that the player lost.
The downside to sportsbook bonuses is that you often need to fulfill wagering requirements before you can actually withdraw the profits, which sometimes means that you might lose your wins along the way.
Sportsbooks in Illinois offer free bonuses to attract new customers and keep the existing ones. You will find all the bonuses and promo codes for each sportsbook on this page, so check here regularly for an updated list.
Which online betting site in Illinois has the best bonus offer depends on what kind of promo you are looking for. Usually, DraftKings and FanDuel are the sportsbooks with the best bonus offers.
Yes, you can claim betting bonuses on multiple sportsbooks in Illinois, as long as you have registered an account. However, you cannot combine bonuses from different sportsbooks into one bet.
Bonus abuse is a form of fraud. Scammers create multiple accounts in order to take advantage of the sportsbooks' bonuses for new users, because they are usually very good. Scammers get the bonuses and use them on the same bet from the different accounts in order to increase their chances of winning. Bonus abuse is also known as promo abuse, bonus hunting, and bonus abusing.