Bet365 and Underdog announce new sports betting promotions

Several sports betting platforms are offering promotional incentives for new users during the NFL and MLB seasons.

Bet365 is providing a tiered welcome offer where new customers can receive up to $365 in bonus bets by placing a $10 qualifying wager. The specific bonus amount and additional perks vary by state; for example, users in Michigan, New Jersey, and Pennsylvania may also receive 50 casino spins. In Illinois and Tennessee, the bonus is structured as $150 in bonus bets. Qualifying wagers typically require odds of -500 or longer.

Underdog is offering a deposit match promotion for daily fantasy players. New users can use a specific promo code to unlock a 50% deposit match up to $1,000 for DFS entries in most participating states, or a 25% deposit match up to $250 for prediction-only markets in select regions.