The 11 Best Daytona 500 Betting Promos, Welcome Bonuses, and Offers for New & Existing Users

The Daytona 500 is the biggest NASCAR race of the year. Each season, the Great American Race begins another NASCAR season as 40 drivers aim to win the marquee event.

The excitement isn't limited to the drivers and fans, as bettors can wager on the Daytona 500. If you're a new user, you can claim a sign-up bonus from the top betting sites & sportsbooks, including FanDuel and BetMGM.

You aren't required to use the sign-up bonus on the Daytona 500, but it's the biggest sporting event of the weekend. Why not bet on the 2024 NASCAR Cup Series season opener?

Sign Up Bonuses for the Daytona 500

1. BetMGM Sportsbook

• Promo code: TOPACTION
• Offer: Bet $5, Get $150 Instantly in Bonus Bets
• States available: AZ, CO, IL, IN, IA, KS, KY, LA, MD, MA, MI, NJ, OH, PA, TN, VA, WV, WY, DC

• Promo code: TOPTAN1500
• Offer: Get a 20% Deposit Match up to $1,500 in Sports Bonus
• States available: AZ, CO, IL, IN, IA, LA, KS, MA, MD, MI, NJ, OH, PA, TN, VA, WV, WY

BetMGM Sportsbook allows you to choose between two welcome offers ahead of the Daytona 500. You can claim $150 in bonus bets (three increments of $50) with a simple $5 wager ahead of the big race.

The 20% deposit match has a higher limit, but it takes a $7,500 deposit to earn the full $1,500 sports bonus. You also have to deal with a 10x rollover requirement, preventing a withdrawal until you wager 10 times your bonus.

2. FanDuel Sportsbook

• Promo code: Click Here
• Offer: Bet $5, Get $150 in Bonus Bets if Your First Bet Wins
• States available: AZ, CO, CT, IL, TN, IN, IA, KS, KY, LA, MA, MD, MI, NJ, NY, OH, PA, VA, VT, WV, WY

FanDuel Sportsbook requires you to win a $5 bet on any sporting event to earn $150 in bonus bets. We'd recommend wagering on a massive favorite to maximize your chance of earning the bonus. The bonus bets are customizable, so you can use them on multiple bets.

For example, you can bet $25 on Joey Logano (+1300), $75 on Kyle Busch Top 3 (+340), and $50 on Ross Chastain Top 10 (+110).

3. Caesars Sportsbook

• Promo code: ACTION41000
• Offer: Get up to $1,000 Back in Bonus Bets if Your First Bet Doesn't Win
• States available: AZ, CO, MA, IL, IN, IA, KS, KY, LA, MD, ME, MI, NJ, NY, OH, PA, TN, VA, WV, WY

Caesars Sportsbook should be your top option for the Daytona 500, as their in-depth betting market can't be matched. They go well and beyond the traditional winner and placement markets. You can wager on any market with a bonus bet of up to $1,000.

You earn a bonus bet matching your first bet if it loses and doesn't exceed $1,000. The biggest downside to the Caesars welcome offer is the bonus is paid out in one large sum.

4. bet365 Sportsbook

• Promo code: TOPACTION
• Offer: $1,000 First Bet Insurance
• Promo code: TOPACTION
• Offer: Bet $5+, Get $150 in Bonus Bets
• States available: AZ, CO, IA, IN, KY, LA, NJ, OH, VA

The bet365 bonus code TOPACTION gives you the choice between two sign-up bonuses. A $1,000 first-bet insurance is the same as Caesars' offer, giving your bet back in bonus bets if it loses.

The betting site also has a guaranteed $150 in bonus bets with a $5 first bet. Both offers require the first bet to come on a market with -500 odds or longer. Like FanDuel, bet365 bonus bets are customizable.

5. Fanatics Sportsbook

• Promo code: Click Here
• Offer: Bet $100, Get $100 in Bonus Bets Every Day for 10 Days
• States available: CO, CT, IA, KY, MD, MA, OH, PA, TN, VT, VA, WV

Fanatics Sportsbook has a unique offer structure from other sportsbooks. Your first bet each day up to $100 will be matched in bonus bets. If your daily first bet is $100 for 10 straight days, you'll have $1,000 in bonus bets at the end of the cycle.

If you start the process on Sunday and wager $100 on Chase Elliott, you'll have a $100 bonus bet. Check out our sportsbook bonus guide to maximize your bonus bets.

6. PrizePicks

• Promo code: ACTIONMAX
• Offer: 100% Deposit Match Up to $100
• States available: AL, AZ, IL, KS, VA, WY, DC, MA, AK, AR, CA, FL, GA, KY, MN, NE, NM, NC, ND, OK, OR, RI, SC, SD, TN, TX, UT, VT, WI, WV, WY

You won't find the same options at PrizePicks compared to sportsbooks. PrizePicks is a DFS app specializing in more or less projections for drivers.

The Daytona 500 allows you to create an entry involving fantasy score, cars passed, laps led, and fastest lap. Take a look at an example entry below.

• Chase Elliott More Than 25.5 Fantasy Score
• Bubba Wallace More Than 12.5 Cars Passed
• Joey Logano Less Than 15.5 Laps Led
• Kyle Busch More Than 4.5 Fastest Laps

7. ESPN BET

• Promo code: ACTNEWS
• Offers: Make Any Bet, Get $150 in Bonus Bets – Guaranteed
• States available: AZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, MI, NJ, OH, PA, TN, VA, WV

This will be the first time you can bet on the Daytona 500 at ESPN BET, as the sportsbook launched in November 2023. It only takes a minimum wager to earn $150 in bonus bets.

ESPN BET immediately provides five $20 bonus bets, with the final $50 coming within 24-48 hours.

8. DraftKings Sportsbook

• Promo code: Click Here
• Offers: Get A No Sweat First Bet Up To $1,000
• States available: NY, NJ, PA, IN, IA, WV, CO, TN, IL, VA, MI, AZ, KS, LA, WY, MD, OH, MA

DraftKings Sportsbook offers a no-sweat first bet up to $1,000 ahead of the Daytona 500. It's a similar offer to other sportsbooks, as you'll earn a bonus bet matching your first bet if it loses. DK doesn't provide a bonus if your first bet wins.

Let's say you deposit and wager $250 on Denny Hamlin to win the Daytona 500 (+1000). You'll either have a $2,500 a profit or a $250 bonus bet.

Best Daytona 500 Promos for Existing Users

1. FanDuel Sportsbook

FanDuel is no stranger to offering odds boosts for the biggest sporting events, and the Daytona 500 is no exception. You can wager on Joey Logano, Christopher Bell, or Kyle Larson to win the Daytona 500 at +500. The max wager varies from $20 to $50.

That's not the only offer from FanDuel, as they're giving a 25% profit boost for the outright winner market. For example, you can boost the odds of Denny Hamlin winning from +850 to +1070.

2. Caesars Sportsbook

Caesars Sportsbook has a plethora of odds boosts if you're looking to bet on the Daytona 500. You can place a max bet of $100 on different props, including Chase Elliott Race Winner (+1600) and Ross Chastain Top 3 Finish (+850).

Take a look at the other boosts below.

• Brad Keselowski Top 5 Finish (+200)
• Jimmie Johnson Top 10 Finish (+300)
• Kyle Busch & Martin Truex Jr Each Finish Top 10 in 2024 Daytona 500 (+300)
• Denny Hamlin Top Finishing Toyota (+375)
• Joey Logano Top Finishing Ford (+400)
• Ty Gibbs Race Winner (+2500)

3. bet365 Sportsbook

bet365 falls in line with Caesars Sportsbook, as they offer a few odds boosts for the Daytona 500. In addition to their in-depth market, you can boost the odds for the following bets.

• Denny Hamlin Race Winner (+1100 –> +1200)
• William Byron Race Winner (+1800 –> +2000)
• Ryan Blaney Top 5 Finish (+200 –> +225)
• Kyle Busch Top 3 Finish (+450 –> +500)
• Ford Winning Manufacture (+150 –> +162)
• Brad Keselowski Top 5 Finish (+200 –. +225)