Best Indiana Sportsbook Promo Codes for November 2024: $8,400 in Bonuses

Indiana sportsbook promo codes

Indiana sportsbook promos summary

1. BetMGM Indiana welcome offer

$1,500 in Bonus Bets

Bonus bets expire in 7 days. One new customer offer per user. Additional terms apply. 21+. Gambling Problem? Call 1-800-GAMBLER.

CVRBONUS1500

Claim $1,500

BetMGM enters the scene with an enticing value proposition of $1,500 in bonus bets. Here's how BetMGM disburses the reimbursed bonus bets: If you lose your initial wager, BetMGM will credit you with up to $1,500 in bonus bets.

Beside using the BetMGM bonus code — CVRBONUS1500 — during registration, here other important stipulations placed on BetMGM’s promotion, which expires on Dec. 31, 2024:

• A minimum $10 deposit and $10 wager are required.
  
  
• Make an initial wager, and if it loses, BetMGM will reimburse you an equal value to your stake, up to $1,500 in bonus bets. The bonus bets can be on any available sports betting market.
  
  
• All bonus bets are credited to the user’s account within 24 hours.
  
  
• Each bonus bet cannot be spread across multiple future wagers and must be redeemed within seven days.
  
  
• Only winnings will be paid out on bets utilizing bonus bets.
  
  

Refer to our BetMGM review for more information. 

BetMGM promo pros and cons

Straightforward terms 

Bonus bets deposited within 24 hours

Bonus bets must be redeemed within seven days

Only winnings paid out on bets utilizing bonus bets

Lower value than previous BetMGM promos

2. FanDuel Indiana welcome offer

Bet $5, Get $150 if You Win + 3 Months of NBA League Pass

New customers only. Deposit min. $5. Place first bet of min $5 and get $150 in bonus bets if your bet wins.

Claim $150

FanDuel understands which welcome offers make bettors tick. Currently, new users can bet $5 on any market and get $150 in bonus bets if their bet wins. 

FanDuel’s promotion has an extensive list of terms and conditions; we've outlined the most notable here:

• No FanDuel promo code is required, but you must download the FanDuel sportsbook mobile app and deposit $5 to get started. 
  
  
• If you win your first bet, FanDuel will add $150 in bonus bets to your account balance within 72 hours. 
  
  
• You can use bonus bets on any sports betting market. The bonus amount expires in seven days (168 hours).
  
  
• You may not withdraw bonus bets. If you win while using bonus bets, FanDuel does not include the bonus stake as part of your payout. The promotion — which also gives you an additional daily boost or bonus throughout the summer — is valid until Dec. 22, 2024. 

FanDuel promo pros and cons

Minimal investment required

Use your bonus bets all at once or separately

Any sports market is available

Up to 72 hours for the bonus bets to hit your account

Bonus bets cannot immediately be withdrawn

3. bet365 Indiana welcome offer

Bet $5, get $150

Code: COVERS

 Claim $200

$1,000 First Bet Safety Net

Code: COVERS

Claim $1,000

bet365 launched in Indiana and is wasting no time making a name for itself in the Hoosier State. Register today and score $150 in bonus bets after an initial $5 minimum wager on any sports betting market. Read below for further details:

• Enter the exclusive bet365 bonus code 'COVERS' during sign-up.
  
  
• You must make a minimum deposit of at least $10 once registered.
  
  
• Place a $5 bet on any sports betting market that settles within 30 days of registering your account.
  
  
• Qualifying wager must include one selection with odds of -500 or greater.
  
  
• Bonus expires seven days (168 hours) from issuance. This offer is valid until Nov. 26, 2024, at 6:59 a.m. ET.

bet365 promo pros and cons:

$150 in bonus bets

Great return on your initial investment

No betting market restrictions

Requires $10 real-money deposit

Bonus funds are linked to winnings

Qualifying bet must include odds of -500 or better

Latest Indiana betting news

4. Caesars Indiana welcome offer

$1,000 First Bet on Caesars

Code: COVERSBONUS1000

Claim $1,000

Caesars Sportsbook doesn’t shy away from a challenge and has stepped up to the plate with its latest up to $1,000 on Caesars welcome offer in Indiana. Like a couple of other Indiana sportsbook bonuses, the Caesars Sportsbook promo provides users with a safety net as it is predicated on a bettor losing the initial wager. If you win your first bet, the promotion stands null and void. 

Caesars Sportsbook’s current promotion lists terms you’ll have to adhere to, including these seven: 

• Use the Caesars Sportsbook promo code 'COVERSBONUS1000' when signing up to redeem the offer.
  
  
• The bet credit must be used within 14 days of activation.
  
  
• After losing the initial wager, bet credit is added to the account within two days.
  
  
• Bonus bets cannot be withdrawn as real cash.
  
  
• Users must make an initial wager within 30 days of signing up with Caesars Sportsbook.
  
  
• Must use all of the bet credit on one follow-up wager.
  
  
• Winnings paid out on bet credit, not the stake.

Caesars promo pros and cons

High $1,000 maximum offer 

30 days to make an initial, qualifying wager

Only winnings earned from the bonus are paid out

Must use all bet credit on one follow-up wager

Must lose first bet to garner bet credit

 

5. DraftKings Indiana welcome offer

Bet $5, Get $150 + $1K Deposit Bonus

New customers only. Deposit min. $5. Place first bet of min. $5 and get $150 in bonus bets.

Ends: Jan. 5, 2025

Available in Indiana

Claim $150

DraftKings Indiana offers new users an easy-to-claim welcome promo — Bet $5, Get $150 + $1K Deposit Bonus. Though no DraftKings promo code is required to claim this enticing offer but there are several terms and conditions to consider:

• This offer is for first-time users only. 
  
  
• Upon creating your account, you must make a minimum $5 deposit and wager to qualify for this sportsbook promo.
  
  
• Your initial wager can be placed on any available sports betting market.
  
  
• Win or lose, DraftKings will dish out $150 in bonus bets within 72 hours of the settlement of your qualifying wager. The bonus will arrive as six $25 bonus bets.
  
  
• Each bonus bet is valid for seven days (168 hours). The bonus bets come with a 1x wagering requirement. 
  
  
• The offer expires on Jan. 5, 2025. 
  
  
• You can also access a secondary '20% deposit match up to $1,000' welcome offer, which is valid until Nov. 30, 2024. 

Our DraftKings Sportsbook review goes into extensive detail about this welcome offer and additional key features the sportsbook offers.

DraftKings promo pros and cons:

Easily obtainable

Future wagering flexibility

The bonus bets expire seven days (168 hours) from issuance

DraftKings responsible gaming  

One bonus per new customer. Min. $5 deposit. Min. $5 bet. Get max. $150 issued as non-withdrawable bonus bets that expire in seven days (168 hours). Stake not included with payout. Offer only for eligible subscribers & must be redeemed by 11:59 p.m. on Jan. 5, 2025. 

GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD).[1.5%] 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. Terms: draftkings.com/sportsbook. On behalf of Boot Hill Casino & Resort (KS).

6. Fanatics Sportsbook Indiana welcome offer

  

$1,000 in No Sweat Bets

Ends: Dec. 31, 2024

 Claim $1,000

If you are new to Fanatics Sportsbook, register today and claim up to $1,000 in no sweat bonus bets during your first 10 days using the platform. If your daily wager loses, Fanatics Sportsbook matches the stake of the first wager you place each day, up to $100, during the promotional period.

Here are the terms and conditions of this Fanatics Sportsbook welcome offer:

• No Fanatics Sportsbook promo code is required. 

• You must make a minimum $5 initial deposit to qualify. 

• You must wager at least $1 on any sports betting market of -500 or longer each of the initial 10 days with the sportsbook. If your wager loses, you'll get one (1) daily bonus bet equal to your daily wager, up to $100.

• If you fail to place your daily wager, it will void the offer for that day.   

• The bonus bets are non-redeemable and expire after seven days of receipt.

Read our Fanatics Sportsbook review for more information.

Fanatics Sportsbook promo pros and cons:

Up to $1,000 in bonus bets

Reasonable terms

Place a qualifying wager for 10 straight days to maximize the offer

Must lose wager to get bonus

Most common sign-up bonuses

There are a wide range of common sportsbook sign-up bonuses extended to players to garner a maximum number of new customers. However, risk-free bets, deposit matches, and no deposit bonuses are three of the most popular.

Risk-free bet

Risk-free bets are advantageous in a number of ways. For starters, they present an opportunity for bettors to wager without assuming too much risk if their respective wagers lose.  The only way the promotion activates is through a loss, so there is ample merit in sourcing an underdog that has a viable chance of upsetting the apple cart.

Let's say you like the Indiana Pacers, pegged as underdogs, at home against the Cleveland Cavaliers. Source additional reasons for backing the Pacers. Don’t simply back them because you have a risk-free bet at your disposal. 

Are any of Cleveland’s top players tired or hurt? Are the Cavaliers playing on back-to-back nights? Once you find a number of valid reasons to back the Pacers, go for it. If you win, you’ll reap the rewards from the risk-forward wager. If you lose, the sportsbook will reimburse the stake up to a pre-specified maximum. That’s the definition of a win-win scenario.

Deposit match

Deposit matches are a powerful tool used by sportsbooks, as they immediately double a bettor’s original investment. If a new player deposits $200 on a 100% deposit match offer, they will receive $200 in site credit, increasing their overall wallet to $400. 

Remember, stipulations and requirements are always placed on these offers, including rollover requirements and potential odds restrictions, so make sure to read the terms and conditions of each welcome offer.

No deposit bonus

No deposit bonuses are used less frequently than deposit matches and risk-free bets but are just as effective. Bettors love the fact that a sportsbook makes a pre-specified deposit on their behalf, ensuring users don’t initially have to invest their own money. The sportsbook believes the original investment will be enough to convince new bettors to commit long-term. 

This type of offer is regularly used by new sports betting sites and for prominent events, like the NBA Finals, Super Bowl, and March Madness. 

All online sportsbooks in Indiana

Indiana-based bettors have access to 11 regulated and licensed online sportsbooks. Here's the complete list of Indiana betting sites — including new betting sites available to players 21 years of age and older:

Indiana's online and mobile sportsbooks

More Indiana betting resources

Indiana sports betting sites

Learn about the best sports betting sites in Indiana.

Indiana Sportsbooks

Mobile sports betting apps

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Best football betting promos

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Football Betting Promo Codes