The 7 Best Thanksgiving NFL Sports Betting Promos, Codes & Bonuses for New Users
Micah Parsons #11 of the Dallas Cowboys runs out onto the field prior to a football game at AT&T Stadium on September 17, 2023 in Arlington, Texas. (Photo by Cooper Neill/Getty Images)
There's no better time for some promotional bonuses from sportsbooks than Thanksgiving. Whether you're looking to pad your bankroll, or you're an infrequent bettor looking for a TV-driven distraction during family gatherings, there's something for you.
If you're traveling this Thanksgiving to a legal betting state, you can make bets while in that state and cash out even if you've already returned home.
We'll break down some of the best widely-available sports betting offers into three categories — the highest-value promos, the "if you just want some bonus bets with little risk" offers, and the promos and boosts for existing customers who have already signed up.
1. If you just want some bonus bets with a small deposit…
1. ESPN BET
- Promo code: ACTNEWS
- Offer: Bet anything, get $250
- States available: AZ CO IL IN IA KS LA KY MA MD MI NJ OH PA TN VA WV
ESPN BET launched last week, with PENN transitioning its product to the new brand, and they've got the best "bet/get" offer on the market right now. Just bet anything (can be $1, can be $100), and you'll get $200 in bonus bets.
With ESPN BET promo code ACTNEWS, you'll get $250 instead of the standard $200. Your bonus bets will be returned in five increments of $50 — they can't be split down any further than that.
2. BetMGM
- Promo code: ACTIONGET
- Offer: Bet $10, get $200
- States available: AZ CO IN IA IL KS KY LA MA MD MI NJ OH PA TN VA WV WY
BetMGM has a similar offer to ESPN BET but you'll get $200 in bonus bets after wagering $10 on any game. Just make sure the odds are reasonable — -110 is a good option.
3. bet365
- Promo code: TOPACTION
- Offer: Bet $5, get $150 (bet $1, get $365 in Louisiana)
- States available: CO LA KY NJ OH VA IA
bet365 is by some measures the biggest sportsbook in the world, and is starting to expand into more U.S. states. It boasts my favorite same game parlay product on the market, too.
Right now, bet365 has two options available for users in six states, including the bet $5, get $150 in bonus bets offer. Just deposit $10 and bet $5 on any line that's -500 or longer (meaning -400 is OK but -600 is not OK).
In Louisiana, which just launched with bet365 this week, you'll get the same offer, but you'll get $365 in bonus bets instead of $150.
4. FanDuel
- Promo code:Use this link
- Offer: Bet $5 on any moneyline, get $150 if your team wins
- States available: AZ CO CT IL KS KY LA IN IA MA MD MI NJ NY OH PA TN VA WV WY
This isn't our favorite offer because 1) most people already have FanDuel if they've bet before and 2) you only get the $150 in bonus bets if your moneyline bet wins.
If you haven't signed up at FanDuel before, just deposit $10 and bet $5 on any moneyline, and you'll get $150 if the bet wins. Because there's no minimum odds requirement, we recommend betting a big favorite.
On Thanksgiving, the Cowboys are the biggest available favorite in the NFL, priced at -700 at FanDuel. That implies a greater than 85% chance they win.
2. If you want a higher-value offer with a bigger deposit…
1. BetMGM
- Promo code: TOPTAN1600
- Offer: 20% deposit match up to $1,600 in bonus bets
- States available: AZ CO IN IA IL KS LA MA MD MI NJ OH PA TN VA WV WY
BetMGM is running an exclusive deposit match offer with us. You'll get your deposit matched at 20%, up to $1,600 in bonus bets, which would require an $8,000 deposit.
There is also a 10x rollover, meaning to claim the full bonus, you must wager 10x your bonus amount in the first 30 days. So if you max out the deposit match, you must wager $16,000. This can be a high mark to hit for many users.
2. bet365
- Promo code: TOPACTION
- Offer: $1,000 first bet safety net
- States available: CO LA KY NJ OH VA IA
The second option at bet365, besides the get $150 or get $365 in Lousiana, is a $1,000 first bet safety net.
Whatever you lose on your first bet, if it loses, you'll be refunded in bonus bets equal to whatever you lost.
3. Caesars Sportsbook
- Promo code: ACTION41000
- Offer: $1,000 first bet on the house
- States available: AZ CO IL IN IA KS KY LA MA MD ME MI NJ NV NY OH PA TN VA WV
Caesars has a "first bet on the house" available for $1,000, just like bet365. If your first bet loses, you'll be refunded in bonus bets equal to whatever you lost.
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