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Best Indiana’s Bonuses and Promos (June 2024)

Welcome to our guide on Indiana’s sportsbook bonuses and promotions. Discover the different types of bonuses offered, including free bets and deposit matches, and find the best deal for your betting needs.

Top 7 Indiana Sports Betting Bonuses and Promos

Welcome Bonus
$1,000 Deposit Match
+ Get a Free $50 Bet
4.0 rating
No Sweat First Bet
Get $1,000
in Bonus Bets
4.3 rating
First Bet Offer
Up to $1,000
Paid in Bonus Bets
4.3 rating
First Cash Bet
Up To $1,250
On Caesars
3.8 rating
Welcome Bonus
$100 Free Bet
When Place Your First $100
4.3 rating
Welcome Bonus
$500 Free Bet
With 2nd Chance Bet
4.8 rating
Welcome Bonus
$100 Free Bet
If You Don't Hit a Winner

DraftKings Indiana Welcome Bonus: Get a Free $50 Bet
Plus a $1,000 Deposit Bonus

New DraftKings Indiana customers can now take advantage of a generous welcome bonus offer. By making their first deposit and wager of $5 or more on any sports market, they can receive $50 in bonus bets and up to $1,000 in Deposit Match bonus. Here’s what you need to know:

$50 Free Bet + $1,000 Deposit Bonus
4.3 rating
4.3

How to Claim the DraftKings Indiana Welcome Bonus

To claim the DraftKings Indiana welcome bonus, simply deposit and wager $5 on any sports market of your choosing. DraftKings will release $50 in bonus bets to your account once the qualifying bet settles

DraftKings Indiana will also give up to $1,000 in bet credits to your account as a 20% deposit match bonus of a maximum of $5,000 of your first deposit. The reward is delivered at $1 for every $25 of your bets. All bonus bets will expire after seven days, so be sure to use the entire amount in your first week of wagering with DraftKings.

What You Need to Know About the DraftKings Indiana Welcome Bonus

For a mere $5, new Indiana sports bettors can guarantee themselves a $50 boost to their DraftKings bankroll. With no complicated terms and conditions attached, this offer is both generous and simple to understand.

DraftKings Indiana Welcome Bonus

Maximizing Your Earnings with the DraftKings Indiana Welcome Bonus

It’s important to note that the bonus bets are limited to DraftKings’ sportsbook and are non-withdrawable. However, with no odds restrictions in play, you can aim for a big payday or go for a smaller, more attainable goal. To maximize your earnings, it’s important to understand how bonus bets work and what types of bets they can be used for.

Is the DraftKings Indiana Welcome Bonus Right for You?

Overall, the DraftKings Indiana welcome bonus is a great way for new sports bettors to get started, with up to a $1,000 deposit match and extra $50 free bets with no complicated terms and conditions. Just remember to use all bonus bets within seven days to take full advantage of the offer.

DraftKings Indiana Welcome Bonus Pros & Cons

Pros
  • Receive a $50 Free Bet
  • Extra $1,000 Deposit Match
  • Terms and conditions are easy to understand.
Cons
  • The bonus bets cannot be withdrawn as cash.
  • This promotion may be less attractive to high rollers.
  • Bonus bets must be used within seven days
$50 Free Bet + $1,000 Deposit Bonus
4.3 rating
4.3

FanDuel Indiana Welcome Bonus: Bet $20, Get $200 in Bonus Bets

FanDuel Indiana is offering a generous welcome bonus for new users. By making a first-time deposit of at least $10 and placing a wager of up to $20, you can receive up to $200 in bonus bets. Here’s what you need to know:

Bet $5 Get $200 in Bonus Bets
4.0 rating
4.0

How to Claim the FanDuel Indiana Welcome Bonus

To claim the FanDuel Indiana welcome bonus, simply make a first-time deposit of at least $10 and place a wager of up to $20. If your first wager wins or loses, FanDuel will reimburse, via bonus bets, an amount 10 times the value of the stake, up to a maximum of $200. The bonus bets will be deposited into your account within 72 hours of the bet settling. You can use the bonus bets on any sports betting market, and they can be split into multiple wagers.

What You Need to Know About the FanDuel Indiana Welcome Bonus

FanDuel Indiana’s welcome bonus provides a rare fallback option for new sports bettors. You get a second shot at sports betting glory whether or not your first attempt comes up short. The bonus bets are flexible and can be divided into multiple wagers, allowing you to spread your risk and potentially maximize your earnings.

FanDuel Indiana Welcome Bonus

Maximizing Your Earnings with the FanDuel Indiana Welcome Bonus

There are no odds requirements for the FanDuel Indiana offer, so you could either place a safe bet on a heavy favorite or aim for a larger potential payday by wagering on an underdog. For example, if you bet a maximum of $20 on the Indiana Pacers at +300, you would win $60 if they come out on top.

Is the FanDuel Indiana Welcome Bonus Right for You?

Overall, the FanDuel Indiana welcome bonus is a great way for new sports bettors to get started. With just a $10 deposit and a maximum $20 bet, you can receive up to $200 in bonus bets with no complicated terms and conditions. The flexible bonus bets and guaranteed return regardless of the outcome make this offer particularly appealing. Just remember to read the terms and conditions carefully and use the bonus bets within the specified time frame to take full advantage of the offer.

FanDuel Indiana Welcome Bonus Pros & Cons

Pros
  • You can get started with just a $10 deposit.
  • Bonus bets can be used on any sports market.
  • The maximum bonus offer is $200.
Cons
  • The bonus amount cannot be withdrawn, only the winnings.
  • It may take up to 72 hours to receive the bonus bets.
  • Bonus bets expire after 14 days from the time they are issued.
Bet $5 Get $200 in Bonus Bets
4.0 rating
4.0

BetMGM Indiana Welcome Bonus: Up to $1,000 Paid Back in Bonus Bets

BetMGM Indiana is offering a generous welcome bonus for new users in Indiana. By making a minimum deposit of $10 and placing a first-time wager of up to $1,000 that loses, you can receive up to $1,000 in bonus bets. Here’s what you need to know:

How to Claim the BetMGM Indiana Welcome Bonus

To claim the BetMGM welcome bonus, simply make a minimum deposit of $10 and place a first-time wager of up to $1,000 that loses. If your initial bet costs $49 or less and loses, BetMGM will reimburse the entire stake via a single deposit. However, if the bet’s stake is $50 or higher and it loses, BetMGM Indiana will disburse the bonus bets via five separate 20% installments. All bonus bets will be credited to your account within 24 hours of the initial losing wager and must be redeemed within seven days.

Up to $1,000 Paid Back in Bonus Bets
4.3 rating
4.3

What You Need to Know About the BetMGM Welcome Bonus

BetMGM’s welcome bonus is a great way for new sports bettors to maximize their earning potential. The bonus bets can be used on a variety of subsequent wagers, allowing you to spread your risk and potentially earn even more. The no-odds requirement makes it easy to find a wager that suits your betting style.

BetMGM Indiana Welcome Bonus

Maximizing Your Earnings with the BetMGM Welcome Bonus

The potential money you can earn with BetMGM’s bonus depends on the wagered amount of the initial bet. For example, if you bet $1,000 on the Indianapolis Colts at odds of -250 and win, you’ll earn a $400 profit. If your initial bet loses, you’ll receive up to $1,000 in bonus bets, which can be used on subsequent wagers with the potential for even more earnings.

Is the BetMGM Indiana Welcome Bonus Right for You?

Overall, the BetMGM welcome bonus is a great option for new sports bettors in Indiana. With a maximum match offer of up to $1,000 in bonus bets and no complicated terms and conditions, this offer provides a great opportunity to maximize your earning potential. Just remember to read the terms and conditions carefully and use the bonus bets within the specified time frame to take full advantage of the offer.

BetMGM Indiana Welcome Bonus Pros & Cons

Pros
  • High maximum match offer of $1,000.
  • Bonus bets are disbursed in five equal 20% installments.
  • Bonus bets are deposited within 24 hours.
Cons
  • The bonus bets must be redeemed within seven days.
  • Only winnings can be paid out on bets that use bonus bets.
  • If the initial qualifying bet wins, the promotion will become null and void.
Up to $1,000 Paid Back in Bonus Bets
4.3 rating
4.3

Caesars Sportsbook Indiana Welcome Bonus: Up to $1,250 for New Users

Caesars Sportsbook is offering a new up to $1,250 welcome offer in Indiana, which is geared towards bettors who are up for a challenge. Similar to other sportsbook bonuses in Indiana, this promotion from Caesars Sportsbook requires the bettor to lose their initial wager. If the first bet is a winner, the promotion becomes null and void.

Additionally, the offer includes 1,000 Caesars Rewards® Tier Credits and 1,000 Caesars Rewards Reward Credits as an extra incentive.

How to Claim the Caesars Sportsbook Welcome Bonus

To claim the Caesars Sportsbook welcome bonus, make sure to adhere to the following terms and conditions:

  • Make a minimum deposit of $10 and place an initial wager within 30 days of signing up.
  • If your initial wager loses, the bet credit will be added to your account within two days and must be used within 14 days of activation.
  • You must use all of the bet credit on one follow-up wager, and winnings will be paid out on the bet credit, not the stake.
  • Your account will be credited with 1,000 Caesars Rewards Tier Credits and 1,000 Caesars Rewards Reward Credits within seven days of the initial wager being settled. Remember, these credits cannot be withdrawn as cash.
$1,250 Bonus Bets + 1,000 Caesars Rewards® Tier Credits
4.3 rating
4.3

What You Need to Know About the Caesars Sportsbook Welcome Bonus

The Caesars Sportsbook welcome bonus is a great way for new sports bettors to try out the platform risk-free. If your initial wager loses, you’ll receive up to $1,250 in bet credits to use on a follow-up wager. The no-odds requirement makes it easy to find a wager that suits your betting style. Additionally, the 1,000 tier and 1,000 reward credits provide a kickstart on garnering other Caesars rewards.

Caesars Sportsbook Indiana Welcome Bonus

Maximizing Your Earnings with the Caesars Sportsbook Welcome Bonus

The potential earnings with the Caesars Sportsbook welcome bonus depend on the amount of your initial bet. If you go up to the maximum bet credit of $1,250 and place a bet at odds of -400, you could win up to $312 if you win the bet.

Is the Caesars Sportsbook Welcome Bonus Right for You?

The Caesars Sportsbook welcome bonus is a great option for new sports bettors in Indiana. With a maximum bet credit of up to $1,250 and straightforward terms and conditions, this offer provides a great opportunity to maximize your earning potential. Just remember to read the terms and conditions carefully and use the bet credit within the specified time frame to take full advantage of the offer. Sign up now to claim your bonus and start winning!

Caesars Indiana Welcome Bonus Pros & Cons

Pros
  • There is a high maximum offer of $1,250.
  • The promotion guarantees 2,000 combined tier and rewards credits.
  • You have 30 days to place your initial qualifying bet.
Cons
  • Only the winnings will be paid out on wagers made with bet credits.
  • You must use all of your bet credits on a single follow-up wager.
  • In order to receive the bet credits, you must lose your first bet.
$1,250 Bonus Bets + 1,000 Caesars Rewards® Tier Credits
4.3 rating
4.3

WynnBET Indiana Welcome Bonus: $100 Bonus Bet for New Users

WynnBET is offering a unique welcome bonus for new users in Indiana. By making an initial deposit and wager of $100 or more on odds of -120 or longer, you can receive a $100 bonus bet. Here’s what you need to know:

How to Claim the WynnBET Welcome Bonus

To claim the WynnBET welcome bonus, make sure to adhere to the following terms and conditions:

  • Make a minimum deposit of $100 and place a qualifying wager of $100 or more on odds of -120 or longer.
  • The bonus bet will be distributed in one installment and cannot be divided into smaller bets.
  • The bonus bet will be deposited into your account within 24 hours of your initial qualifying wager settling and must be used within 10 days of being credited to your account.
  • The bonus bet can only be used for pre-game wagers.
$50 in Bonus Bets
3.8 rating
3.8

What You Need to Know About the WynnBET Indiana Welcome Bonus

The WynnBET welcome bonus is a great way for new sports bettors in Indiana to try out the platform with minimal commitment. The guaranteed $100 bonus bet is released all at once, so there’s no long wait to receive smaller installments of the free bonus amount. Additionally, the odds requirement of -120 or longer provides a level of balance between risk and reward.

WynnBET Indiana Welcome Bonus

Maximizing Your Earnings with the WynnBET Welcome Bonus

The potential earnings with the WynnBET welcome bonus depending on the amount of your initial wager and the odds of the bet you choose. You could go with a favorite (odds -150 or longer) for a better chance to come out on top or back an underdog or put together a multi-leg parlay for a chance at a bigger payday.

Is the WynnBET Indiana Welcome Bonus Right for You?

The WynnBET welcome bonus is a great option for new sports bettors in Indiana who want to try out the platform with minimal commitment. With a guaranteed $100 bonus bet and straightforward terms and conditions, this offer provides a great opportunity to maximize your earning potential. Just remember to read the terms and conditions carefully and use the bonus bet within the specified time frame to take full advantage of the offer. Sign up now to claim your bonus and start winning!

WynnBET Indiana Welcome Bonus Pros & Cons

Pros
  • This promotion is guaranteed, regardless of the outcome of your first wager.
  • Wagering requirements are straightforward.
  • You can withdraw your winnings after betting the bonus amount only once.
Cons
  • There are odds restrictions in place.
  • You cannot use the free bet for live betting.
  • The free bet must be used within 10 days.
$50 in Bonus Bets
3.8 rating
3.8

BetRivers Indiana Welcome Offer: Up to a $500 Bonus Bet

BetRivers is offering a simple yet effective welcome bonus for Indiana bettors. By making a first deposit of at least $10 and placing an initial wager that loses, you can receive up to a $500 bonus bet with the promo code SPORTS. Here’s what you need to know:

How to Claim the BetRivers Indiana Welcome Offer

To claim the BetRivers Indiana welcome offer, simply make a first deposit of at least $10 and place an initial wager. If your initial wager loses, BetRivers will refund your stake up to $500 as a bonus bet, which will be credited to your account within 24 hours of the losing wager settling. The bonus bet is limited to wagers with final odds of -200 or longer and must be used within 30 days of receipt.

$500 Bonus Bet
4.3 rating
4.3

What You Need to Know About the BetRivers Indiana Welcome Offer

The BetRivers Indiana welcome offer provides a safety net for your initial wager and gives you the opportunity to quickly build your bankroll with a low-risk wager on a favorite or a chance at a bigger payday with an underdog or multi-leg parlay.

BetRivers Indiana Welcome Offer

Maximizing Your Earnings with the BetRivers Indiana Welcome Offer

The potential earnings with the BetRivers Indiana welcome offer depend on how much you wagered on your initial bet. For example, if you bet $500 on a game with odds of -150 and lose, you’ll receive a $500 bonus bet. If you use the full $500 bonus bet on a game with odds of -110 and win, you’ll receive $454.55 as withdrawable winnings.

Is the BetRivers Indiana Welcome Offer Right for You?

Overall, the BetRivers Indiana welcome offer is a great option for new sports bettors in Indiana who want a straightforward bonus with a safety net for their initial wager. Just remember to use the bonus bet within 30 days of receipt and on wagers with final odds of -200 or longer to take full advantage of the offer.

BetRivers Indiana Welcome Bonus Pros & Cons

Pros
  • You can receive up to a $500 bonus bet.
  • You can withdraw your funds after reinvesting the bonus amount once.
  • There are plenty of markets available to use the bonus bet on.
Cons
  • There are odds restrictions on the bonus bet.
  • In order to activate the promotion, your initial bet must be a loss.
  • The bonus bet cannot be withdrawn.
$500 Bonus Bet
4.3 rating
4.3

Unibet Welcome Bonus in Indiana: Get $100 Risk-Free Bets

Unibet is now offering a new welcome bonus for users in Indiana. If you’re a new user, you can receive up to $100 in free bets when you make your first wager of at least $10.

How to Qualify for the Unibet Welcome Bonus

To qualify for the Unibet welcome bonus, there’s no need to enter a Unibet promo code. Simply select the “NEW PLAYER OFFER | Bet $100 Get $100” offer in the “Select your bonus” section. Your first wager must have minimum odds of +100. The free bets (two same-game parlays and two parlays) must be used on minimum odds of +300 and +300 with at least three legs, respectively. Free bets will be released immediately following the settlement of your first bet (win or lose). You have seven days to meet the wagering requirement.

$100 Risk Free
4.8 rating
4.8

What You Need to Know About the Unibet Welcome Bonus

While this offer is a step down from Unibet’s previous “$100 risk-free bet” promo, it’s still a great way for casual bettors to get started. By wagering just $10-$50 and meeting the minimum odds requirements, you’ll receive four free bets that match the amount of your initial wager.

Unibet Welcome Bonus in Indiana

Maximizing Your Earnings with the Unibet Welcome Bonus

It’s important to note that the free bets are limited to parlay and same-game parlay bets, and are non-withdrawable. However, if your picks hit, you’ll be in line for a nice payday.

To maximize your earnings, it’s important to understand that the odds are stacked against you with each free parlay bet requiring at least three selections. However, if you’re willing to take some risks, the potential payout can be significant.

Is the Unibet Welcome Bonus Right for You?

Overall, Unibet’s welcome offer is a solid choice for those who are new to sports betting or looking to try out a new sportsbook. With no Unibet promo code required, it’s easy to get started and take advantage of the four free bets. Just remember to read the terms and conditions carefully and meet the minimum odds requirements to ensure that you’re eligible for the bonus.

Unibet Indiana Welcome Bonus Pros & Cons

Pros
  • Receive four complimentary bets upon signing up
  • You may place your qualifying bet on any sport of your choosing
  • The free bets are instantly available to use
Cons
  • The qualifying bet must have a minimum odds of +100, and the free bets must have odds of at least +300
  • The free bets are restricted to parlay and same-game parlay wagers
  • The bonus amount cannot be withdrawn.
$100 Risk Free
4.8 rating
4.8

PointsBet Indiana Welcome Bonus: Up to $250 in Bet Credits

PointsBet is offering a unique welcome bonus for new users in Indiana. By placing your first five real money wagers with PointsBet and losing each one, you can receive up to $250 in bet credits. Here’s what you need to know:

How to Claim the PointsBet Indiana Welcome Bonus

To claim the PointsBet Indiana welcome bonus, simply place your first five real money wagers with PointsBet. If you lose each one, PointsBet will reimburse each wager up to $50 (for a total of $250) in the form of bet credits. No promo code is required to claim the bonus. All bet credits will be credited to your account within 24 hours of the initial losing wager and must be redeemed within seven days.

$50 X 5 on 2nd Cahnce Bonus Bets
4.0 rating
4.0

What You Need to Know About the PointsBet Indiana Welcome Bonus

PointsBet’s welcome bonus provides a unique opportunity to earn bet credits for subsequent wagers. The bet credits can be used on a variety of wagers, allowing you to spread your risk and potentially earn even more. The no-odds requirement makes it easy to find a wager that suits your betting style.

PointsBet Indiana Welcome Bonus

Maximizing Your Earnings with the PointsBet Indiana Welcome Bonus

The potential money you can earn with PointsBet’s bet credits depends on the amount and odds of the subsequent wagers. For example, if you bet $50 on a team with odds of +400 and win, you’ll earn a $200 payout. If you lose each of your first five wagers and receive the full $250 in bet credits, you can use them to place subsequent wagers with the potential for even more earnings.

Is the PointsBet Indiana Welcome Bonus Right for You?

Overall, the PointsBet Indiana welcome bonus provides a unique opportunity to earn bet credits for subsequent wagers, making it a great option for new sports bettors in Indiana. With a maximum offer of up to $250 in bet credits and no complicated terms and conditions, this offer provides a great opportunity to maximize your earning potential. Just remember to read the terms and conditions carefully and use the bet credits within the specified time frame to take full advantage of the offer.

PointsBet Indiana Welcome Bonus Pros & Cons

Pros
  • You can receive up to $250 in bet credits.
  • The five bet credits provide flexibility.
  • The bonus offer applies to all betting markets.
Cons
  • Most of the promotion is triggered by losing bets.
  • Only winnings can be paid out on wagers made with bet credits.
  • The bet credits cannot be withdrawn as cash.
$50 X 5 on 2nd Cahnce Bonus Bets
4.0 rating
4.0

Popular Welcome Bonuses in Indiana Sportsbooks

New sportsbook bettors can choose from various welcome bonuses, each with its own advantages and disadvantages. These bonuses are designed to incentivize users to sign up for a sportsbook and make their first bet. In 2023, the most common sportsbook sign-up bonuses include bonus bets, deposit match bonuses, and more:

Bonus Bets

Bonus bets are one of the most popular types of sportsbook bonuses, especially at the best Indiana sportsbooks. These bonuses allow users to place a bet with reduced risk, as the sportsbook will offer a bonus bet if the user’s first bet loses. For example, if a sportsbook offers a first bet insurance bonus of up to $500, and a user places a bet of $500, the sportsbook will offer a bonus bet of $500 if the initial bet loses. Bonus bets may also come with certain terms and conditions, such as minimum odds or a maximum payout limit.

No Deposit Bonuses

No deposit bonuses are highly sought after, as they require no deposit and involve no risk for the user. These bonuses are rare and typically involve the sportsbook crediting a small amount of bonus money to the account to showcase its platform. For example, a sportsbook might offer a $10 no-deposit bonus to new users upon sign-up. No deposit bonuses may also come with certain terms and conditions, such as wagering requirements or restrictions on which markets the bonus can be used for.

Deposit Match Bonuses

Deposit match bonuses are another popular type of sportsbook bonus. These bonuses match the user’s deposit up to a specified dollar amount, effectively doubling the user’s bankroll. For example, a sportsbook might offer a 100% deposit match of up to $500 for new users. Deposit match bonuses may come with certain terms and conditions, such as minimum odds or a maximum payout limit.

Ongoing Sports Betting Promos and Bonuses

In addition to sign-up bonuses, sportsbooks offer ongoing promotions that provide users with extra value and incentivize continued use of their platform. These ongoing promotions may include things like odds boosts, reload bonuses, and player referral bonuses. By taking advantage of these promotions, users can make the most of their online sports betting experience in Indiana and potentially increase their winnings over time.

Odds Boosts

Odds boosts are promotions that increase the value of odds on particular wagers, making them more attractive to users. For example, a sportsbook might offer boosted odds on a particular game, such as the Super Bowl. Odds boosts may come with certain terms and conditions, such as a maximum stake or a limit on the number of boosted bets a user can place.

Reload Bonuses

Reload bonuses are promotions that offer additional site credit each time the account balance is replenished with real cash. For example, a sportsbook might offer a $10 bonus bet for every $50 deposited into an account balance. Reload bonuses may come with certain terms and conditions, such as a minimum deposit amount or a time limit on when the bonus can be claimed.

Player Referral Bonuses

Player referral bonuses are promotions that reward existing customers for recruiting new users to sign up and make a real money minimum deposit. Sportsbooks offer unique referral codes that can be shared with friends and family. If someone registers using the referral code, both parties may receive a reward. Refer-a-friend bonuses are an easy way to add to the bankroll, and they’re as simple as inviting a friend to join a sportsbook using an exclusive link. Referral bonuses may come with certain terms and conditions, such as a limit on the number of referrals a user can make or a minimum deposit amount for the new user.

Indiana Sportsbook Bonuses FAQs

How frequently do online sportsbooks change their signup bonuses?

The frequency at which online sportsbooks change their signup bonuses varies, with some changing every few weeks or months, and others having more stable bonus offerings.

What is the maximum number of signup bonuses that can be claimed in Indiana?

The maximum number of signup bonuses that can be claimed in Indiana depends on each sportsbook’s rules. Generally, a user can only claim a bonus once per sportsbook account.

What is the best way to claim as many bonuses as possible?

To claim as many bonuses as possible, sign up for multiple sportsbooks and take advantage of their signup bonuses. However, be sure to read the terms and conditions of each bonus to ensure you meet the requirements before claiming it.

Are bonus profits subject to taxes?

Yes, any bonus profits earned from sports betting are considered taxable income in the United States and must be reported on your annual tax return.

Is it possible to receive a bonus without depositing money?

While it is possible to receive a bonus without depositing money, it is uncommon. Some sportsbooks may offer a no-deposit bonus as a promotional offer, but they often come with strict terms and conditions and are typically small amounts.

What is the minimum age to legally bet on sports in Indiana?

The minimum age to legally bet on sports in Indiana is 21 years old.

Do all Indiana sportsbooks offer sports betting promo codes?

No, not all Indiana sportsbooks offer sports betting promo codes. However, many do. Be sure to review the terms and conditions of the promo code before using it to ensure eligibility for the bonus.