Best online sportsbooks compared
Most regulated US sportsbooks offer a welcome bonus to new users, but the apps differ in market depth, pricing, rewards and payout speed. Here's how the five books we recommend stack up - what each is best for, the current bonus, and our rating. Claim is one tap away.
| Book | Type | Welcome offer | Where | Priced on our tools | Best price, 7d | |
|---|---|---|---|---|---|---|
 FanDuel | Sportsbook | Bet $5, get $250 in bonus bets | Licensed states; see FanDuel | +EV board, Line shop, Props | 5.0% | Claim → |
 Fanatics | Sportsbook | Get Up to $1,000 Matched in FanCash code FAN2026 | 23 states + DC | +EV board, Line shop, Props | 6.1% | Claim → |
 Underdog | Pick'em | Up to $1,000 in bonus funds on your first deposit code UDPROMO | By product and state; see Underdog | Not in our odds feed | Not priced | Claim → |
 Novig | Exchange | Deposit $10, get $50 in Trade Credits code WISEGUYTEAM | Nationwide except AZ, MI, NV | +EV board, Line shop, Props | 42.9% | Claim → |
 Rebet | Social | Free-to-play social sportsbook with sweepstakes prizes | US except AZ, CT, ID, LA, MD, MI, MT, NJ, NV, NY | Not in our odds feed | Not priced | Claim → |
 BetRivers | Sportsbook | 2nd Chance Bet up to $500 (PA) + 1x playthrough code SPORTS | Our link: WV, PA, NJ, MI, ON | +EV board, Line shop, Props | 5.7% | Claim → |
How sportsbook bonuses work
Welcome offers come in two main shapes. A "bet and get" gives you bonus bets after you place a small qualifying wager (e.g. bet $5, get $200). A first-bet safety net refunds your first bet in bonus bets if it loses (e.g. up to $1,000). Bonus bets are not withdrawable cash - you wager them and keep any winnings. Most current offers need no promo code; the bonus applies automatically when you sign up through an official link and meet the terms.
How to pick the right sportsbook
- Best overall & app: FanDuel - deep markets, a clean app and fast payouts.
- Best welcome offer: Fanatics: Get Up to $1,000 Matched in FanCash over your first 10 days.
- Best for loyalty: BetRivers - iRush Rewards and sharp pricing that rewards regular volume.
- Best for pick'em: Underdog - the deepest player pick'em menu, plus predictions and season-long fantasy.
- Best exchange / no-vig: Novig - a peer-to-peer exchange with no vig on pre-game trades, and the best number on our boards more often than any sportsbook.
How we rate sportsbooks
Two different rankings live on this page, and they are not the same thing. Our price tools (the +EV board, line shopping, props) rank every book we track by price alone, partner or not, and the "Best price" column above is that count from our own history: the exchange wins it most often. The ratings and the order of the cards are the Wise Guy Desk's editorial view of the whole package for a new bettor, weighing market depth (leagues, props, same game parlays), app reliability, payout experience, promo clarity (how honest the fine print is) and pricing.
A 4.8 means a book leads on most of those; scores are relative to the other books on this page, not an industry certification. Where our link earns in only some states (BetRivers) or an operator excludes your state, the card says so and sinks below the books that can register you. We earn a commission if you sign up through our links; that never changes a rating or a price column, and the criteria above decide the order. More on how we make money.
Availability and eligibility
Sports betting is legal only in states where each operator holds a license, and offers, terms and eligibility differ by state. Nothing here means a book is legal everywhere. Check the operator's own app for availability in your state, the current version of any offer, and its full terms before depositing. Offers on this page were last reviewed on September 30, 2026 and can change or expire without notice; if a listed offer differs from what the operator shows you, the operator's version controls. 21+ only. If gambling stops being fun, take a break: 1-800-GAMBLER.
Sportsbook promo codes 2026
Below is every current promo and exactly how to claim it. Most books no longer require a typed code - signing up through the link applies the offer automatically.
FanDuel Promo Code & Sign-Up Bonus
FanDuel promo code: No code needed. Current offer: Bet $5, get $250 in bonus bets.
Sign up through the link, deposit, and place your first $5+ cash bet on any market - $200 in bonus bets lands automatically.
Get the FanDuel offer → Full offer, terms and states →Fanatics Promo Code & Sign-Up Bonus
Fanatics promo code: FAN2026. Current offer: Get Up to $1,000 Matched in FanCash.
Join through the link and bet up to $100 a day for your first 10 days, each day matched in FanCash, up to $1,000 in FanCash.
Get the Fanatics offer → Full offer, terms and states →Underdog Promo Code & Sign-Up Bonus
Underdog promo code: UDPROMO. Current offer: Up to $1,000 in bonus funds on your first deposit.
Sign up through the link and make your first Pick'em entry or sportsbook bet to unlock the new-user bonus.
Get the Underdog offer → Full offer, terms and states →Novig Promo Code & Sign-Up Bonus
Novig promo code: WISEGUYTEAM. Current offer: Deposit $10, get $50 in Trade Credits.
Create a Novig account through the link with promo code WISEGUYTEAM (our link applies it for you) - you trade true no-juice prices against other users, often the best number anywhere, with welcome rewards on first deposit.
Get the Novig offer → Full offer, terms and states →Rebet Promo Code & Sign-Up Bonus
Rebet promo code: No code needed. Current offer: Free-to-play social sportsbook with sweepstakes prizes.
Get the Rebet offer →BetRivers Promo Code & Sign-Up Bonus
BetRivers promo code: SPORTS. Current offer: 2nd Chance Bet up to $500 (PA) + 1x playthrough.
Open an account via the link, place your first bet, and if it loses you're refunded up to $500 in a bonus - plus iRush Rewards on every bet.
Get the BetRivers offer → Full offer, terms and states →Betting exchange & no-vig odds
A betting exchange like Novig lets you bet against other users instead of against the house, so there's no built-in vig (margin). That means true, fairer prices - often the best number available anywhere. To see what a fair, no-juice price actually is on any market, run the numbers through our free no-vig calculator.
Claim the bonus, then bet the best line
Signing up is step one. The edge comes from always taking the best available number. Use our free tools before every bet: live betting splits show where the sharp money is, and our per-sport odds pages (NFL, NBA, MLB) show the best price across books with click-to-bet. Convert any price with the odds converter and size every stake with the Kelly Criterion calculator.
Frequently asked questions
Which sportsbook has the best sign-up bonus?
Fanatics currently has the most generous welcome offer: Get Up to $1,000 Matched in FanCash, earned over your first 10 days of betting. FanDuel's bet $5, get $200 is the easiest to clear, and BetRivers refunds a losing first bet up to $500. The best move is to claim the offers at several books and always bet the best line.
What is the best online sportsbook?
It depends on what you value. We rate FanDuel best all-around for its app and market depth, Fanatics best for rewards and its welcome offer, Underdog best for player props and pick'em, and Novig best as a no-vig exchange. Smart bettors hold accounts at several and shop for the best number on every bet.
Are sportsbook promo codes safe?
Yes, when you claim them at a regulated, licensed US sportsbook through an official link like ours. These books are state-licensed and the bonuses are real, but always read the qualifying-bet, wagering and expiry terms before you deposit - the offer's fine print controls what you actually receive. Avoid any 'code' offered by an unlicensed offshore site.
How do I claim a sportsbook welcome offer?
Tap a Claim button, create your account, verify your identity, deposit, and place the qualifying first bet described in the offer. Most current offers need no promo code - the bonus is applied automatically when you sign up through the link and meet the terms.
How do sportsbook bonuses work?
Most welcome offers are either a 'bet and get' (bet a small amount, get bonus bets back) or a first-bet safety net (your first bet is refunded in bonus bets if it loses). Bonus bets aren't withdrawable cash - you wager them and keep any winnings.
Are sportsbook bonus bets the same as cash?
No. Bonus bets (or 'bet credits') can't be withdrawn. You place them as a wager, and if the bet wins you keep the profit, but the bonus-bet stake itself is not returned. Treat them as free shots at profit, not as a deposit.
Should I sign up at more than one sportsbook?
Yes. Having multiple accounts lets you line shop - bet the best available price on every game - which is one of the most reliable edges in betting. It also lets you claim multiple welcome bonuses, effectively stacking free value.
What is a betting exchange and why use one?
A betting exchange like Novig lets you bet against other users instead of against the house, so there's no built-in vig (margin). That means you get true, fairer prices - often the best number available. Pair it with our no-vig calculator to see the fair odds on any market.
Are these sportsbooks legal in my state?
Each operator is live only in the states where it's licensed, and offers vary by state. When you tap a Claim button you'll see whether the book is available where you are. Always bet at regulated, licensed US sportsbooks.
Do I have to bet with a sportsbook to use the Wise Guy Team tools?
No. Our betting splits, live odds and 10 calculators are free and don't require any sportsbook account. But you'll need a book - ideally a few - to actually place the bets and to get the best line, which is why we recommend the ones above.
21+. Available in states where regulated. New-user offers vary by state and are subject to each operator's terms. The Wise Guy Team may earn a commission when you sign up through a link on this page, at no cost to you. For entertainment purposes; not financial advice. If gambling stops being fun, take a break. 1-800-GAMBLER.