Every North Carolina Sports Betting Bonus Explained

If you are taking part in North Carolina sports betting for the first time, you're probably still trying to wrap your head around all the promotions.

While new users are encouraged to take advantage of promos from as many sports betting apps as possible, there are plenty of offers to keep up with across the eight sportsbooks launching today.

That's where we come in. We'll explain what the offers are and what they all mean in the simplest terms we can.

Here's your one-stop shop for finding and picking the best launch day promos.

What Types of Sportsbook Bonus Exist?

There are six types of sportsbook bonuses:

Actual money

This is exactly what it sounds like, and it is very rare that sportsbooks give away actual money, even to new users.

Bonus bets

When you make a wager with bonus bets, you keep any profits, but not your initial stake.

First bet on the house

Sportsbooks will offer you the opportunity to make a bet up to a certain dollar amount with your real money. If the bet wins, you keep your winnings, but if it loses, the sportsbook will give you the dollar amount that you wagered in bonus bets.

Deposit match

This is when a sportsbook gives you bonus bets equal to the amount you deposit when you sign up. Like the previous bonus, there is typically a limit, and in some cases, there are rollover or play-through requirements.

Site credit

This type of bonus is like a bonus bet, but you get to keep the stake if your bet wins. Like actual money, it is rare for sportsbooks to offer site credits over other promos.

Profit boosts

This is a promotion that does exactly what it says. If you place a bet and it wins, the sportsbooks will boost your winnings by a pre-set percentage.

North Carolina Sports Betting Promos

Fanatics Sportsbook

Offer: Get $1,000 total bonus bets over first 10 days or bet $20, get $200 in bonus bets

What It Means: If you pick the first option, you'll get your first bet of the day matched up to $100 for the first 10 days you have the app. If you choose the second option, you'll get $200 in bonus bets after you place a $20 wager as your first bet.

Promo Code Required? No. 

bet365

Offer: Bet $5, get $200 bonus bets or $1,000 first bet safety net

What It Means: If you pick the first option, you'll get the allotted $200 bonus bets with a $5 bet on anything at -500 odds or longer. If you pick the second option and your first wager loses, you'll receive bonus bets equal to your losses up to $1000. (Find out how to take advantage of a hedging opportunity on this promotion here.)

Promo Code Required? Yes — TOPACTION

FanDuel Sportsbook

Offer: Bet $5 get $250 in bonus bets

What It Means: Once you sign up and place a $5 bet, you'll get $250 in bonus bets that expire in seven days. FanDuel offers you the option to use the bonus bets in separate increments over that seven-day span.

Promo Code Required? No.

DraftKings Sportsbook

Offer: Bet $5 get $250 in bonus bets

What It Means: Once you sign up and place a $5 bet, you'll get $250 in bonus bets that can be used in 10 separate $25 increments.

Promo Code Required? No

Caesars Sportsbook

Offer: Bet $10, get $250

What It Means: Once you sign up and place a $10 bet, you receive $250 in bonus bets that can be used in five $50 increments. Those bets expire after 14 days, so you get an extra week to use those bonus bets compared to DraftKings and FanDuel.

Promo Code Required? Yes — ACTION4DBL

ESPN BET

Offer: $225 bonus bets + 200% deposit match up to $500

What It Means: Once you sign up and place any wager, you'll receive $225 worth of bonus bets. Users will also receive a 200% deposit match up to $500 that unlocks 5% at a time for every dollar wagered. Check out the explainer here for more details.

Promo Code Required? Yes — ACTNEWSNC

BetMGM

Offer: Bet $5, get $150 bonus bets

What It Means: Once you sign up and place a $5 wager, you'll receive $150 in bonus bets.

Promo Code Required? Yes — TOPACTION

Underdog Sportsbook

Offer: $1,000 first bet mulligan

What It Means: Once you sign up and place your first bet, you can get up to $1,000 in bonus bets if your first bet loses.

Promo Code Required? No.