As the excitement for sports betting in Texas grows, the anticipation of what’s to come is palpable. While the legal status of sports betting in the Lone Star State remains in the wings, the buzz around potential sportsbook promos is already heating up. In this guide, we delve into the world of sportsbook promos, specifically focusing on six major sportsbooks expected to make a grand entrance into the Texas market.
Our analysis aims to uncover the best promos these platforms are likely to offer, providing bettors with a sneak peek into the lucrative deals that may soon be at their fingertips.
List of Possible Texas Sportsbook Promos
The following table outlines the expected promos from six leading sportsbooks, offering a glimpse into the potential deals that could be available to Texas bettors. This information is based on projections and the current offerings in other states, giving us a hint of what each sportsbook might bring to the table.
| Sportsbook | Expected Promo | Possible Promo Code |
| DraftKings | Bet $5, get $150 in bonus bets | No code required |
| FanDuel | Bet $5, win $150 in bonus bets | No code required |
| BetMGM | Up to $1,500 in bonus bets | No code required |
| BetRivers | $500 2nd Chance Bet | SPORTS |
| ESPN Bet | 100% Deposit Match Up to $1,000 + $200 in Bonus Bets With your First Wager | No code required |
| Caesars | Up to $1,000 in Bonus Bets if First Bet Loses | No code required |
Each of these sportsbooks brings its unique flavor to the table, offering a range of promos that cater to different betting preferences.
DraftKings Texas Promo
The expected DraftKings promo is a “Bet $5 Get $150 in Bonus Bets” offer. During the promotional period, new users in Texas would need to sign up for a DraftKings Sportsbook account, make a minimum deposit of $5, and place a minimum bet of $5 on any eligible market. If these conditions are met, the user would instantly receive $150 in Bonus Bets, regardless of the outcome of their initial wager. These Bonus Bets would be issued as six $25 bets.
To claim this offer, Texas bettors would need to sign up during the promotional period, deposit at least $5, and place their qualifying bet. The Bonus Bets would be credited to their account either instantly or within 72 business hours in case of technical difficulties.
Key terms to remember include:
- Bonus Bets are valid for seven days and must be wagered 1x time.
- The Bonus Bet amount is not included in any returns or winnings.
- Winnings from Bonus Bets are transferred to the customer’s Cash Balance and may be withdrawn.
- Bonus Bets are valid on all eligible DraftKings Sportsbook markets before expiration.
- Limit of one new customer offer per customer.
This promo, based on DraftKings’ offers in other jurisdictions, could significantly enhance the betting experience for Texas sports enthusiasts, offering a substantial opportunity for their first wager.
FanDuel Texas Promo
FanDuel Sportsbook, a leading name in the sports betting industry, offers an enticing promotion that could potentially be available to Texas bettors if sports betting is legalized in the state. This possible promo, mirroring what FanDuel offers in Illinois, is a “Bet $5, Win $150 in Bonus Bets” offer, designed to attract new users.
To claim this offer, new customers would need to deposit a minimum of $10 into their FanDuel Sportsbook account and place an initial $5 moneyline wager on any sports market. If the bet is successful, the bettor would receive $150 in bonus bets. These bonus bets are credited to the account within 72 hours of the bet placement and must be used within seven days, or they will expire. Notably, no FanDuel Illinois promo code is required to qualify for this offer.
Key terms for this possible promotion include:
- Deposit at least $10 and place a $5 moneyline wager on any sports market.
- Win the bet to receive $150 in bonus bets.
- Bonus bets will be credited within 72 hours of bet placement.
- Bonus bets expire in seven days.
- Offer expires at 11:59 PM ET on December 28, 2023.
BetMGM Texas Promo
The expected BetMGM promo would be a “First Bet Match” up to $1,500. During the promotional period, new users in Texas would need to make a qualifying deposit of at least $10 and place their first real money sports wager. If this first bet doesn’t win, BetMGM would match the stake with Bonus Bet credits, up to a maximum of $1,500. For bets over $50 that lose, the user would receive five Bonus Bets in equal denominations, totaling up to $1,500. For losing bets under $50, the user would receive a single Bonus Bet matching the stake.
To claim this offer, Texas bettors would need to sign up during the promotional period, make the qualifying deposit, and place their first bet. If the bet loses, the Bonus Bets would be credited to their account within approximately 24 hours.
Here are some key terms to remember:
- Only the first $1,500 of a Qualifying Bet is eligible for the promotion.
- Bonus Bets must be used within seven days of being credited or they will be forfeited.
- Bonus Bets can be used as a straight bet, a Parlay, or a Same Game Parlay, but cannot be split.
- The value of the Bonus Bet is not included in any winnings.
- Bonus Bets cannot be redeemed for cash or withdrawn.
BetRivers Texas Promo
BetRivers is known for its enticing “First Deposit Second Chance Bonus Bet” of up to $500. If this promo were to be offered in Texas, it would work as follows: After making your first deposit using the code SPORTS, you place your first real money sports wager. If this initial wager doesn’t win, BetRivers would grant you a Bonus Bet equal to your stake, up to a maximum of $500. This Bonus Bet is expected to be credited to your account within 24 hours of your qualifying wager settling as a loss.
To claim this promotional offer, Texas bettors would need to use the claim code SPORTS while making their first deposit. The Bonus Bet would then be loaded to qualifying accounts within 24 hours of their wager settling as a loss. It’s a straightforward process designed to give new users a second chance to win.
Here are some key terms to keep in mind:
- The Bonus Bet expires 30 days after issuance.
- Only one First Deposit Bonus Code per player is allowed.
- The Bonus Bet can be used only in the Sportsbook on offerings with odds of -200 or longer.
- Only winnings from the Bonus Bet are withdrawable, not the Bonus Bet amount itself.
- The promo is subject to eligibility requirements, including age and physical presence in the state.
ESPN Bet Texas Promo
ESPN Bet, already live in 17 states, offers a promising welcome bonus that could potentially be extended to Texas bettors if sports betting becomes legal in the state. This possible promo, not yet available in Texas, is a two-part offer that includes a 100% deposit match bonus and a Bet and Get bonus.
The first part of the ESPN Bet welcome bonus is a 100% deposit match, up to $1,000. This means if a bettor in Texas deposits $1,000, they would receive an additional $1,000 in bonus funds. However, this bonus comes with a 20x playthrough requirement, which must be cleared within 30 days. For every $20 bet, $1 in bonus funds is released. To fully utilize this offer, a bettor would need to make $20,000 in qualifying bets within 30 days.
The second part of the offer is a Bet and Get bonus. After making any sportsbook wager, bettors would receive $200 in bonus bets, issued as four $50 bonus bets. These bonus bets would expire seven days after being issued, and the value of the bonus bet is not returned if the wager wins.
Key terms for this possible promotion include:
- 100% deposit match up to $1,000 with a 20x playthrough requirement.
- $200 in bonus bets awarded after the first wager, divided into four $50 bets.
- Bonus bets expire in seven days.
- To clear the full deposit match amount, make $20,000 in qualifying bets within 30 days.
- Qualifying bets for the playthrough requirement must have odds of -200 or longer.
Caesars Texas Promo
Caesars Sportsbook, known for its robust promotions in various states, is expected to bring an attractive offer to Texas bettors, should sports betting become legal there. This potential promo, not yet available in Texas, mirrors what Caesars has offered in other states. New users can claim up to $1,000 in bonus bets.
The process to claim this offer is straightforward. New bettors would need to register a new sportsbook account on the Caesars Sportsbook app or website. After creating an account, a minimum initial deposit of $10 is required.
The next step is to make a qualifying wager on any sports market within 30 days of activating the new account. If this first real money wager falls short, Caesars will refund the entire stake, up to $1,000, in the form of bonus bets. It’s important to note that the bonus expires 14 days after issuance.
Key terms for this possible promotion include:
- Make a minimum initial deposit of $10.
- Place a qualifying wager within 30 days of account creation.
- If the first bet loses, receive up to $1,000 back in bonus bets.
- Bonus bets expire 14 days after being issued.
What Kinds of TX Sports Betting Bonuses Could Be Offered?
The Texas sports betting landscape is poised to offer a diverse array of bonuses, each designed to enhance the betting experience in its unique way. While the exact nature of these bonuses will depend on the final regulations and the strategies of individual sportsbooks, we can anticipate a variety of enticing offers. Here’s a look at the types of bonuses that could be up for grabs:
- Deposit Match Bonuses: These bonuses match a percentage of your initial deposit with equivalent bonus funds, effectively doubling your betting power.
- Welcome Bonuses: Aimed at new customers, these offers are designed to kickstart your betting journey, often providing bonus funds upon account creation and initial deposit.
- Loyalty Rewards: For regular bettors, loyalty programs offer cumulative rewards, including bonus funds, based on your betting activity and continued patronage.
- Promo Code Bonuses: Exclusive bonuses unlocked by entering a specific code, often providing access to special offers not available to the general public.
- Enhanced Odds Offers: These promos temporarily boost the odds on specific events, increasing potential winnings for bettors who take advantage of these enhanced terms.
- Cashback Offers: A portion of losses over a certain period may be returned as cashback, mitigating the impact of unsuccessful wagers.
- Event-Specific Bonuses: Tailored around major sporting events, these bonuses offer special deals, like bonus funds or enhanced odds, tied to high-profile games or tournaments.
How Will We Rate Texas Sportsbook Promos?
When it comes to evaluating Texas sportsbook promos, our approach is meticulous and multi-faceted. We understand that a great promo is not just about the size of the offer but also about fairness, accessibility, and overall value to the bettor. Here are the criteria we use to rate them:
- Value of the Offer: We assess the overall value of the promo, considering both the size of the bonus and the likelihood of benefiting from it.
- Wagering Requirements: Promos with lower, more attainable wagering requirements score higher, as they are more user-friendly.
- Validity Period: We consider the time frame in which the promo is available and the duration for which the bonus is valid.
- Ease of Access: How easy it is for bettors to qualify for and use the promo is a key factor in our ratings.
- Flexibility of Use: Bonuses that offer greater flexibility in terms of how they can be used (across various markets, bet types, etc.) are rated more favorably.
- Transparency of Terms: Clear, straightforward terms and conditions without hidden catches are essential for a high rating.
- Relevance to Users: We evaluate how well the promo aligns with the interests and betting patterns of Texas bettors.
By applying these criteria, we aim to provide a comprehensive and reliable guide to the best sportsbook promos in Texas, helping bettors make informed decisions about where and how to place their bets.
FAQ
How can bettors in Texas claim and use sportsbook promo codes effectively?
In Texas, once sports betting is legalized, bettors can claim promo codes during the sign-up process on sportsbook websites. Effective use involves reading terms and conditions, understanding the wagering requirements, and using them on familiar sports events. Promo codes may vary by sportsbook, offering diverse benefits.
What should Texas bettors know about the playthrough requirements for sportsbook bonuses?
Texas bettors should understand that playthrough requirements dictate how many times a bonus must be wagered before withdrawal. These requirements vary by sportsbook and bonus type. It’s crucial to read the specific terms for each bonus to ensure compliance and maximize benefits.
Are there any specific sportsbook promos tailored for major Texas sports teams?
As of now, specific sportsbook promos for Texas sports teams are not detailed. However, it’s anticipated that upon legalization, sportsbooks like BetMGM and DraftKings may offer promos centered around popular Texas teams in NFL, NBA, and MLB.
How will the launch of sports betting in Texas impact the availability of promo codes for existing customers?
The launch of sports betting in Texas is expected to bring a variety of promo codes, not just for new customers but also for existing ones. Sportsbooks may offer loyalty bonuses, reload offers, and special event-related promos to engage their current user base.
How can Texas residents stay informed about the latest developments and offers in sports betting promos?
Texas residents can stay updated on sports betting promos by regularly checking sportsbook websites, subscribing to newsletters, and following industry news. Websites like Sportsbook Review and BetTexas are valuable resources for the latest information and developments in the Texas sports betting scene.