The 8 Best Indy 500 Sports Betting Promos to Claim for Today’s Race at DraftKings, BetMGM & More

The 8 Best Indy 500 Sports Betting Promos to Claim for Today’s Race at DraftKings, BetMGM & More article feature image

Justin Casterline/Getty Images. Pictured: 106th running of the Indianapolis 500 at Indianapolis Motor Speedway

One of racing's most closely followed events is ready to roll on Sunday with the Indy 500, and you can claim eight different sports betting promos to get some value back on your wagers. Memorial Day Weekend is loaded with sports action outside of the big race, too, and you can use any of these promos on those events.

Indy 500 sports betting promos come in various formats, including deposit matches, bet-and-gets, and first-bet insurance offers. You can find these promo types at some of the best online sports betting sites in the U.S., like FanDuel, DraftKings, and Fanatics Sportsbook.

Let's dive in and discuss the eight best Indy 500 sports betting promos and bonus codes for today's race.


When you sign up today using the bet365 bonus code TOPACTION, you can get your choice between two welcome bonuses. You can opt for a "first bet safety net" of up to $1K in bonus bets, which covers your first bet and distributes bonus bets back into your account if you lose. The other option is a standard Bet & Get. Wager $5 or more on your first bet, and you'll receive $150 in bonus bets, regardless of the outcome.

You can claim one of these two offers in Arizona, Colorado, Iowa, Indiana, Kentucky, Louisiana, North Carolina, New Jersey, Ohio, and Virginia.


BetMGM has two offers available for the Indy 500. You can use the BetMGM bonus code TOPTAN1600 for a 20% deposit match of up to $1.6K in bonus bets, with a 10x rollover requirement. So, to earn the maximum bonus, you must deposit $8K or more. The other offer can be claimed using code TOPACTION and functions as a first bet insurance promo of up to $1.5K in bonus bets.

These bonus codes can be utilized in AZ, CO, IL, IN, IA, LA, KS, KY, MA, MD, MI, NJ, NC, OH, PA, TN, VA, WV, and WY.

Fanatics Sportsbook

One of the most unique Indy 500 sports betting promos can be found at Fanatics Sportsbook. Claim up to $1K in bonus bets through bet matches over your first ten days after registration. You can earn up to a $100 bonus daily if your first bet is -200 odds or longer.

For example, placing your first bet on Day 1 for $50 would grant $50 in bonus bets. Placing your first bet for $250 the next day would grant $100 in additional bonus bets. The process continues for ten consecutive days.


Register at FanDuel for the Indy 500 and place your first bet of $5 or more. If it wins, you receive $150 in bonus bets. This offer functions very differently from most other Bet & Get offers, given that the bonus isn't guaranteed.

The offer has no minimum odds requirement, so we advise placing your bet on as heavy of a favorite as possible. This will give you the best chance of claiming a bonus because if the bet loses, you receive nothing from the promo. This offer is $150 in most FanDuel states, but you can get the same offer for $300 in Massachusetts and Ohio.


When you register ahead of the Indy 500 at DraftKings, you can get a No Sweat First Bet offer of up to $1.5K in bonus bets. This functions as standard first-bet insurance. Win your first bet, and you will get profits from it. If you lose the bet, you receive bonus bets equal to what you lost.

Caesars Sportsbook

The Caesars Sportsbook promo code ACTION41000 grants you up to $1K in bonus bets if your first bet doesn't win on the site. This offer works as most first-bet insurance promos, providing profit with a win or bonus bets with a loss.

However, the one critical difference with this offer is that your bonus bets are distributed as a single bonus bet. If you lose your first wager and claim a bonus, you must use it all simultaneously on a wager within 14 days.

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