HomeBonuses

Kentucky sportsbook promos & bonuses

In this Kentucky sportsbook promos and bonuses overview, we’re going to give you all the key information you’ll need to know in order to take full advantage of the betting bonuses at your disposal.

| Last Updated:
Table of contents

New KY sportsbook promos

Popular Promo
Bet $5 Get $150 in Bonus Bets
18+ and present in KY. Play responsibly. Gambling problem? Call 1-800-GAMBLER.
Hot & Trending
Bet $5 Get $150 in Bonus Bets
18+ and present in KY. Play responsibly. Gambling problem? Call 1-800-GAMBLER.
Second Chance Bet Up To $1000
18+ and present in KY. Play responsibly. Gambling problem? Call 1-800-GAMBLER.
Bet $5 Get $150 in Bonus Bets
18+ and present in KY. Play responsibly. Gambling problem? Call 1-800-GAMBLER.
Second Chance Bet Up To $1500
18+ and present in KY. Play responsibly. Gambling problem? Call 1-800-GAMBLER.

After Kentucky officially welcomed sportsbooks into its market in September 2023, a plethora of sports betting promos became available to KY users.

From lucrative Kentucky sportsbook promo codes to daily bonuses to entice long-time players, there is no shortage of promotional offerings for Kentucky-based bettors to get in on. Here, we'll explain some of the common types of bonuses you'll find, how they work, and much more. Let's get started!

Best Kentucky sportsbook promos in May 2024

📱 DraftKings KY 🎁 Bet $5 Get $150 in Bonus Bets
📱 bet365 KY 🎁 Bet $5 Get $150 in Bonus Bets
📱 Caesars KY 🎁 Second Chance Bet Up To $1000
📱 FanDuel KY 🎁 Bet $5 Get $150 in Bonus Bets
📱 BetMGM KY 🎁 Second Chance Bet Up To $1500

DraftKings Kentucky

DraftKings Sportsbook Kentucky promo

The DraftKings Kentucky promo allows new customers to benefit instantly from their initial wager. By depositing $5 or more into their DraftKings Sportsbook account and placing a bet of $5+ on any market, participants receive $150 in Bonus Bets

This promotion is designed to welcome new users with a generous bonus, regardless of the outcome of their qualifying bet. To claim the offer, simply sign up as a new customer, make the necessary deposit, and place your qualifying wager within the specified promotional period until May 19, 2024. Now, here are the essential terms you need to know:

  • Minimum deposit of $5+ into the Sportsbook account and a $5+ bet on any market are required.
  • Bonus Bets must be used within 7 days of receipt; otherwise, they expire.
  • Winnings from Bonus Bets do not include the stake amount and must be wagered 1x before withdrawal.

GET BONUS

bet365 Kentucky

bet365 Sportsbook Kentucky promo

The bet365 Kentucky promo allows new customers to bet $5 and receive $150 in Bonus Bets. To qualify, a deposit of at least $10 must be made within 7 days before claiming the offer, which must be claimed within 30 days of account registration. 

Once claimed, customers must place qualifying bets totaling $5, and these bets must settle within 30 days to release the $150 in Bonus Bets. The Bonus Bets are non-withdrawable and typically are credited within one hour after the qualifying settled bet requirement is met.

  • A deposit of a minimum of $10 is required to participate, and the offer must be claimed within 30 days of account registration.
  • Bonus Bets are non-withdrawable, and to cash them out, placing qualifying bets that total $5 and settle within 30 days of claiming the offer is necessary.
  • There are wagering requirements to release the Bonus Bets - qualifying settled bets, and straight bets placed at odds of less than -500 will not count.

GET BONUS

Caesars Kentucky

Caesars Sportsbook Kentucky promo

The Caesars Kentucky promo is an enticing offer where new users can receive up to a $1,000 second chance bet. This promotion is available to individuals aged 21 or over, physically present in Kentucky, and who open a new Caesars account for the first time by using the promo code BETT21000. Within 30 days of account opening, participants need to place their first real money sports wager. 

If this qualifying wager is lost, Caesars will credit the user's account with a Bonus Bet token up to $1,000, which equals the lesser of the full value of the qualifying wager or $1,000. This Bonus Bet is added within two business days following a lost qualifying wager but must be used within 14 days, or it expires.

  • A Qualifying Wager needs to be settled within 30 days to be eligible for the Bonus Bet.
  • Bonus Bet must be used within 14 calendar days, or it will expire.
  • Wagering on both sides of a line on an individual game and betting exploitatively are prohibited and may result in voided bets or account closure.

GET BONUS

FanDuel Kentucky

FanDuel Sportsbook Kentucky promo

The FanDuel Kentucky promo, bet $5, get $150 in Bonus Bets, offers new users an opportunity to receive $150 in Bonus Bets after signing up for a FanDuel account and meeting certain criteria. 

To claim this promotion, individuals must be at least 21 years old, located in Kentucky, sign up for a new FanDuel account, deposit at least $10, and place their first real money wager of at least $5 on any market within the FanDuel Sportsbook during the promotional period from May 1, 2024, to June 5, 2024.

  • Participants must deposit at least $10 and place a real money wager of at least $5 to qualify.
  • Bonus Bets can be used on any market except for Round Robin wagers. Winnings from Bonus Bets can be withdrawn, but the stake is not returned.
  • There are no wagering requirements on the winnings from Bonus Bets, but they must be manually selected in the betslip window for use.

GET BONUS

BetMGM Kentucky

BetMGM Sportsbook Kentucky promo

The BetMGM Kentucky promo is a fantastic opportunity for new users to engage with sports betting with less risk involved. By signing up, depositing a minimum of $10, and placing your first bet on any game, you stand to gain up to $1,500 back in Bonus Bets if your initial wager loses. This gives you a second chance to win. 

To claim this offer, simply visit BetMGM, complete your sign-up, make your deposit, and place your wager. If your bet doesn’t go your way, you’ll receive your stake back in Bonus Bets once your first bet has been settled.

  • Participants must deposit at least $10 and place a qualifying first bet to be eligible.
  • Bonus Bets cannot be withdrawn or cashed out; they are forfeited when used for placing another bet.
  • There are no direct wagering requirements for the Bonus Bets, but they are lost if the bets placed with them do not win.

GET BONUS

More Kentucky sportsbook promos

Below are some more Kentucky sportsbook promos:

ESPN BET Sportsbook Kentucky promo

The ESPN BET Kentucky promo offers a major incentive for new players by providing a 200% deposit match on their first deposit. This means if you deposit any amount, ESPN BET will match 200% of it up to $500 in Eligible Cashback, which is added automatically to your account. 

To qualify, players simply need to sign up as new users on the ESPN BET app where available, and make their first deposit; no opt-in is required. This promotion is available from May 1, 2024, to May 31, 2024, and applies to bets placed within the sportsbook or the available casino games in select states. For the cashback to be converted into withdrawable funds, it must be used to place eligible wagers within 30 days of receipt, based on the specified conversion rate.

  • Players must be physically present in Kentucky to wager and meet the eligibility requirements.
  • Eligible Cashback converts to withdrawable cash by placing qualifying bets with a cashback rate of 10%.
  • Wagers on sportsbook must have odds greater than -200 (e.g., -110, +100, +200) for the cashback to convert into real cash.

Fanatics Sportsbook Kentucky promo

The Fanatics Kentucky promo is a fantastic deposit match offer for new customers who sign up for a Fanatics Sportsbook account. Upon placing a cash wager of $5 or more on any market with odds of -200 or longer, participants are eligible to receive up to $100 in Bonus Bets as a 100% match every day for 10 consecutive days. This can total up to $1,000 in Bonus Bets

To claim this offer, participants need to opt-in daily (automatic opt-in on the first day with a qualifying wager) and place a qualifying wager each day during the promotional period. Rewards are then credited within 72 hours of a qualifying wager settling.

  • You must place a qualifying wager of $5+ with odds of -200 or longer to be eligible for the Bonus Bets.
  • Winnings can be withdrawn, but the initial stake of the Bonus Bet is not included in the winnings.
  • Bonus Bets must be used within 7 days from issuance; otherwise, they expire and cannot be cashed out or transferred.

Popular betting bonuses that sportsbooks in Kentucky will probably offer

There are several different types of betting bonuses users can utilize. Some will be more tailored to new players, like welcome or sign-up bonuses. Other betting bonus types can be accessed daily, offering users a wide variety of bonus winnings.

Here’s a rundown of the most popular betting bonuses that we expect will be available for Kentucky bettors.

  • Sign-up bonuses: Typically, sign-up bonuses are the most utilized betting bonuses on sports betting sites. They’re exclusive to new users and often reward players with bonus bets after their first bet with the sportsbook settles.
  • Second-chance bets: This bonus bet type allows users to place bets or in some cases multiple bets, without the risk of their money going to waste. With second-chance bets, users are refunded what they have wagered in the form of bonus bets if their first bet loses.
  • Matched deposit bonuses: With matched deposit bonuses, users will get their deposited amount matched by the sportsbook, in the form of bonus bets. Usually, there’s a maximum amount the operator will match in bonus bets. For example, a matched deposit bonus may read something like, “deposit match of up to $50,” meaning if your deposit is more than $50, your bonus will be limited to $50.
  • No-deposit bonuses: A no deposit bonus is pretty self-explanatory. Users will be given bonus bets to use with a given sportsbook, without the need to deposit funds into the account beforehand. This type of bonus bet is extremely rare. Typically, the bonus bets credited to your account through this type of promo range from just $10 to $20.
  • Loyalty programs: Loyalty and rewards programs give long-time bettors tier points or rewards points in order to climb up a sportsbook’s tier system. Rising up the tier ladder can lead to some pretty cool prizes, like free hotel stays at casinos, or even fully paid vacations in some rare instances.
  • Boosted odds: More often than not, sportsbooks will offer daily odds boosts for selected sporting events. A bet with boosted odds simply means the odds will be more favorable to the user.
  • Parlay profit boosts: Profit boosts will often apply to select parlays, and they add a percentage that will be added to your potential winnings. The percentage added will be based on the number of legs on the parlay, along with how much has been wagered on it.
  • Daily & weekly profit boosts: This follows the same format as parlay profit boosts, but these apply to single bets or, sometimes, futures bets.

How do I get bonuses on Kentucky betting sites?

Getting your hands on the promotions and bonuses offered by a Kentucky sports betting site is fairly easy to do. After signing up for a betting operator, you’ll be able to access all the bonus bets they have to offer through the “Promotions” or “Bonuses” tab on their website or mobile betting app.

Before opting for a promo or bonus, always read the terms and conditions associated with it. They will walk you through all the steps you need to take to see the full benefits of the selected bonus.

Common Kentucky sports betting bonus terms and conditions

What wagering requirements could be needed for betting bonuses in KY?

There are a few key stipulations when it comes to some of the most common bonus bets offered. Here’s a quick rundown on potential terms and conditions that come with sports betting bonuses in Kentucky.

  • Minimum odds: Most of the time, betting bonuses will have minimum odds requirements attached to them. Meaning, the qualifying bet must have odds of a certain amount; otherwise, it won’t count toward the promo. For example, if the minimum odds of a betting bonus are -200 or longer, a bet with -250 odds will not qualify. If the odds sit at -150, it will be eligible.
  • Minimum bet amount: Oftentimes, sportsbooks will require users to wager a minimum amount of real money in order to qualify for a betting bonus. The minimum wager amount usually isn’t too much; commonly, users will only have to bet around $10 to be eligible.
  • Wagering the bonus bets: After securing the bonus bets into your account, most betting operators will require you to wager those bonus bets before being able to withdraw your winnings. Bonus bets also may not be withdrawn from your account; they must be wagered through the sportsbook that issued them. There will also be an expiration date attached to these bonus bets in some cases, so be sure to use them promptly.

Pros and cons of claiming KY sportsbook promos

Positives and negatives of betting bonuses for betting sites in KY

Although utilizing KY sportsbook promos is a great way to increase your winnings or diversify your sports betting experience, they aren’t perfect. Like anything, there can be some potential drawbacks when using betting bonuses. Here’s a look at some pros and cons for KY users considering jumping in on a sports betting bonus.

Pros

  • Bonus offers can give the user more favorable odds, leading to increased potential winnings.
  • It’s an easy way to build up bonus bets with the sportsbook.
  • Something for nothing is usually going to be a good thing.

Cons

  • The bonus terms may require depositing a significant amount of money to be eligible.
  • Betting bonuses may require users to place bets on sports they have very little knowledge about.
  • A betting bonus may require a sizable amount of real money to be wagered in order to qualify.

Why do sportsbooks give wagering bonuses?

Simply put, giving wagering bonuses to users is a great way for sportsbooks in Kentucky to ensure they have repeat customers. After utilizing a bonus bet, your account will have bonus bets in it that can expire after a certain amount of time. These bonus bets can only be used through the sportsbook they have been acquired from, enticing users to come back and claim more rewards.


FAQ

Are only new players able to claim betting bonuses in KY?

No, betting bonuses are offered to both new and existing users on Kentucky betting sites. However, sign-up or welcome bonuses will be exclusive to new players.

Which sportsbooks in KY offer the best promos?

Many of the sportsbooks that have opened up shop in Kentucky - like bet365, BetMGM, Caesars, Circa Sports, DraftKings, and FanDuel - all have outstanding catalogs of sports betting promos. Choosing which one to go with really just comes down to personal preference.

Do I need to deposit money to receive a bonus on KY betting sites?

Yes, in most cases you will be required to deposit money before receiving a bonus.

Can you cash out bonus funds on KY sportsbooks?

No, users will not be able to withdraw bonus bets from their accounts. The bonus bets credited to an account must be used to wager through the KY sportsbook.