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.

Brian Cass By: Brian Cass
Fact checked by: Gary Garry
Table of contents

New KY sportsbook promos

Popular Promo
1 DraftKings
DraftKings review
Bet $5 Get $150 in Bonus Bets
GET BONUS
(+7)
18+ and present in KY. Gambling Problem? Call 1-800-GAMBLER
Hot & Trending
2 Bet365
Bet365 review
Bet $5 Get $150 in Bonus Bets
GET BONUS
(+5)
18+ and present in KY. Gambling Problem? Call 1-800-GAMBLER
3 Caesars
Caesars review
Second Chance Bet Up To $1000
GET BONUS
(+7)
18+ and present in KY. 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 December 2023

📱 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 $200
📱 BetMGM KY 🎁 Second Chance Bet Up To $1500
📱 Barstool KY 🎁 Bet $5 Get $50 in Bonus Bets

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.

Author Details

Brian Cass

Brian Cass

Brian Cass serves as researcher and author for KY Betting, where he explores the wide world of sports wagering throughout the country while simultaneously focusing on the latest developments in Kentucky's gambling scene. Outside of his writing, he takes pleasure in keeping up with the NFL.

Fact checked by: Gary Garry