Best Indiana Sportsbook Promo Codes for March 2024: $4,400 in Bonuses
Indiana sportsbooks, including FanDuel, Caesars Sportsbook, BetMGM, and DraftKings, operate in a competitive market, offering enticing new-user sportsbook promos to attract new customers.
Which of the best Indiana sports betting bonuses is tailor-fitted for you? We evaluate the top five Indiana sportsbook promos to help you make the right decision before you begin wagering.
Top five Indiana sportsbook bonuses
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- FanDuel Benefits
- Best user experience
- World-class mobile app
- Best for live betting
- FanDuel Review
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- Caesars Benefits
- Generous welcome bonus
- Offers same-game parlays
- Ample betting options
- Caesars Review
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- bet365 Benefits
- Best prices
- Gold standard layout
- World-class live betting
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- DraftKings Benefits
- Best mobile app
- Supreme navigation
- Best for grading winners
- DraftKings Review
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- BetRivers Benefits
- Weekly promotions
- Over 20 sports available
- NFL live streaming
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- BetMGM Benefits
- User-friendly mobile app
- Good deposit options
- Offers same-game parlays
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- Betway Benefits
- Modern betting platform
- Convenient banking
- 24/7 customer support
- Betway Review
Indiana sportsbook promo codes
Sportsbook ✍ |
Welcome bonus ⭐ |
Promo code ✅ |
---|---|---|
FanDuel |
Claim $200 without code |
|
Caesars |
COVERSBONUS1000 |
|
bet365 | COVERS | |
DraftKings |
Claim $150 without code |
|
BetRivers | $500 2nd Chance Bet | COVERSBONUS |
BetMGM |
COVERSBONUS |
|
Fanatics Sportsbook | $1,000 in bonus bets | Claim $1,000 without code |
ESPN BET |
Claim $100 without code |
|
Bally Bet | Bet $50, get $50 | Claim $50 without code |
Hard Rock Bet | $100 No Regret First Bet | Claim $100 without code |
Unibet | $50 second chance bet | Claim $50 without code |
SBK Sportsbook | Bet $25, get $100 in free bets | Claim $100 without code |
Quick facts: Indiana sportsbook promos
Online launch | Oct. 3, 2019 |
Active betting sites | 13 |
Best bonus | ⭐FanDuel⭐ |
Total bonuses | $4,400 |
Last verified | March 19, 2024 ✅ |
Online betting | Yes ✅ |
Retail betting | Yes ✅ |
Betting on college sports | Yes ✅ |
Remote registration | Yes ✅ |
Online casinos | No |
Legal betting age | 21 |
1. FanDuel Indiana welcome offer
FanDuel understands what welcome offers make bettors tick. Currently, the sportsbook is dishing out a 'Bet $5, get $200' offer when you sign up, deposit at least $10, and place a winning initial $5 real-money wager on any sports market.
FanDuel’s promotion has an extensive list of terms and conditions; four of the most notable are outlined here:
- No FanDuel promo code is required, but you must download the FanDuel sportsbook mobile app and deposit $10 to get started.
- $200 in bonus bets are deposited into your account within 72 hours of your first wager settlement, if your bet wins.
- You can use bonus bets on any sports betting market. The bonus amount expires in seven days.
- 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 is valid until April 8, 2024.
FanDuel promo pros and cons
What does FanDuel's welcome offer offer mean for you?
FanDuel’s welcome offer gives you up to $200 in bonus bets should your initial wager win, which is 40x your initial investment.
How much money can you earn with $200 in bonus bets?
FanDuel does not apply odds requirements for this bonus, meaning that you are open to wager on a wide range of events. For example, betting the entire $200 on the Indianapolis Colts with +300 odds could net you $600 in winnings.
Why is this better than the others?
FanDuel offers more value than most online sportsbooks in Indiana. We also appreciate the flexible nature of FanDuel's welcome offer. You can bet your entire $200 bonus in one go or make any number of smaller wagers.
2. Caesars Indiana welcome offer
Caesars Sportsbook doesn’t shy away from a challenge and has stepped up to the plate with its latest up to $1000 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
What does up to $1,000 on Caesars Sportsbook mean for you?
This Caesars Sportsbook promo is an excellent way to entice new bettors to get involved. By providing a safety net, bettors can dip their feet into the water before gaining experience and determining whether they want to commit to the chosen sportsbook.
How much can you make with up to $1,000 in bonus bets?
This depends on how much you bet with your first wager as you can reach a maximum of $1,000 in bonus credits. This offer has no odds requirements and can be bet on any available market. If you decide to place a bet on the Indiana Hoosiers at odds of +300 using a $100 wager, then you would secure $300 as withdrawable winnings if you win the bet.
Why is this bonus better than the others?
Like others among the best Indiana betting bonuses, Caesars Sportsbook pours bundles of resources into their welcome offers, facilitating a high $1,000 maximum redemption offer.
3. bet365 Indiana welcome offer
bet365 launched in Indiana on Jan. 30, 2024, and the online sportsbook 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 from issuance. This offer is valid until March 18, 2024, at 6:59 a.m. ET.
bet365 promo pros and cons:
What does a 'bet $5, get $150 in bonus bets' offer mean for you?
bet365 Indiana offers new bettors a certainty, which is rare in the online sports betting industry. Regardless of the outcome of your $5 qualifying wager, bet365 will issue your $150 in bonus bets.
How much money can you earn with $150 in bonus bets?
The amount you can earn from the bet365 promotion depends entirely on your wagering preferences. If you want to wager the full $150 on a market with longer odds, you can score a more lucrative payout.
Why is this bet365 bonus better than the others?
What sets bet365's offer apart from the competition is the future flexibility it provides you. You can use the $150 as a lump sum or divide it into as many smaller future wagers as you want. The choice is yours to make. Just remember to use all bonus funds within seven days of receipt, or they will expire.
4. DraftKings Indiana welcome offer
DraftKings Indiana offers new users an easy-to-claim welcome promo — $150 in bonus bets. Though no DraftKings promo code is required to claim this enticing offer, 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 bets will come in six (6) $25 portions.
- Each bonus bet is valid for seven days.
- The offer expires on April 14, 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:
What does 'bet $5, get $150 in bonus bets' mean for you?
DraftKings provides new users with an instant boost to their new accounts, not only with the guaranteed $150 in bonus bets.
How much money can you earn with $150 in bonus bets?
This entirely depends on how much of the bonus you are willing to risk and which markets you are risking it on. For a safer approach, divvy up the bonus and place each on a favorite. If you want to maximize the offer, wager the entirety of the bonus on a well-researched underdog for a potentially lucrative payout.
Why is this bonus better than the others?
DraftKings offers a hassle-free welcome promo with no strings attached, making it the perfect sportsbook offer for those new to sports betting.
5. BetMGM Indiana welcome offer
BetMGM enters the scene with an enticing value proposition of $150 in bonus bets. Here's how BetMGM disburses the reimbursed bonus bets: Regardless of the outcome of your initial $5 wager, BetMGM will credit you with six (6) $25 bonus bets.
Beside using the BetMGM bonus code — COVERSBONUS — during registration, here other important stipulations placed on BetMGM’s promotion, which expires on Aug. 12, 2024:
- Minimum $10 deposit required.
- $150 is credited to the account following the settlement of your qualifying $5 wager, which 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.
BetMGM promo pros and cons
What does $150 in bonus bets from BetMGM mean for you?
BetMGM knows what it's doing when it comes to new player bonuses, as evidenced by its current "Bet $5, get $150 in bonus bets" offer. The way BetMGM disperses the reimbursement provides bettors with the opportunity to reinvest the credit on six subsequent bets. For that reason, it’s the preferred option of all the best Indiana betting bonuses.
How much money can you earn with $150 in bonus bets?
Like all similar sign-up promos, the potential money you can earn with BetMGM's bonus depends on how risky you want to play your bonus bets. If you go for an Indiana Pacers bet at odds of +250 and go all-in, wagering all three of your bonus bets, you'll score a $375 payout if it hits.
Why is this better than the others?
Having the ability to make six future wagers using bonus bets is another headlining perk of this BetMGM welcome offer.
Latest Indiana betting news
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 13 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
Online sportsbook | Mobile app | Odds provider | Online casino | Retail partner |
---|---|---|---|---|
Bally Bet | Yes | Bet.Works | No | Bally's Evansville |
BetMGM | Yes | BetMGM | No | Belterra Casino |
BetRivers | Yes | Kambi | No | French Lick Resort |
Betway | Yes | SBTech | No | Belterra Casino |
bet365 | Yes | bet365 | No | N/A |
Caesars | Yes | Caesars | No | Indiana Grand Racing |
DraftKings | Yes | SBTech | No | Ameristar Casino East Chicago |
ESPN BET | Yes | PENN | No | N/A |
Fanatics Sportsbook | Yes | Amelco | No | N/A |
FanDuel | Yes | Flutter | No | Blue Chip Casino |
Hard Rock | Yes | GiG | No | Hard Rock Casino Northern Indiana |
SBK Sportsbook | Yes | Smarkets | No | Rising Star Casino Resort |
Unibet | Yes | Kambi | No | Horseshoe Hammond |
More Indiana betting resources
Indiana sportsbook bonus FAQ
Of all the Indiana sportsbook bonuses, FanDuel ranks first.
The Caesars IN sportsbook promo code is COVERSBONUS1000. With this code, new Caesars users can claim up to $1,000 in bonus bets.
You can claim a welcome bonus for each new sportsbook you sign up for.
When a bettor signs up numerous times for the same offer or offers at the same sportsbook, it’s classified as bonus abuse.
You need to be at least 21 years old to bet on sports in Indiana.
Mike has been researching and reviewing products for more than a decade. The former travel and entertainment publisher is all in on sports betting and iGaming. When he's not sweating picks or supporting Covers' betting experts in making smarter sports bettors, you can find him by the BBQ, perfecting his cross-hatch marks.