Last Updated May 2, 2022, 11:26 AM ET
Louisiana ushered in online sports betting on Friday, Jan. 28, 2022. Bettors aged 21 and over, residing in the 55 Louisiana parishes who voted in favor of legal sports betting, can place bets at any of the seven authorized mobile sportsbooks.
The arrival of online sportsbooks benefits bettors, as operators are lining up competitive sign-up offers to secure your business.
We handpicked the best five bonuses available, so read on to learn more about how these Louisiana sports betting bonus offers stack up.
$1,000 risk-free bet
No code required
New Louisiana-based bettors can now access the FanDuel sign-up bonus and get in on the betting action. FanDuel Sportsbook's evergreen offer runs provides bettors the opportunity to claim a risk-free bet of up to $1,000 should their first wager go south. Here are the full details:
Bet insurance up to $1,100
Promo code: COVERSCZR
The new player bonus from Caesars Sportsbook is as large as the Superdome:
$1,000 risk-free bet
No code required
An easy-to-use welcome offer from BetMGM checks in second on our list. Here's a look at how the bonus works, its limitations, and its requirements:
100% deposit match up to $250
Promo code: 250MATCH
BetRivers earns top marks for user experience and overall bet account management. The simplicity of its new player bonus for Louisiana makes it as enticing as étouffée. Here's the skinny:
Deposit match up to $1,000
No code required
While DraftKings remains one of the most popular U.S. sportsbooks, bettors are best to avoid its Louisiana welcome bonus. For starters, the 20% deposit match up to $1,000 provides little to no value to bettors. Bettors must deposit $5,000 to unlock the maximum bonus; however, the rollover requirement makes it too difficult to clear. The applicable bonus is unlocked $1 at a time for every $25 wagered, putting an effective $25,000 wagering requirement to unlock the full $1,000 bonus.
Wait, there's more. DraftKings says that any wager, at odds of -300 or higher, is not eligible for the bonus funds. What does that mean? Well, if you bet on a -320 favorite, any funds risked would not qualify for releasing any bonus money. Further restrictions include caps on timing, with only wagers placed within the first 90 days following the deposit eligible for any bonus money. To clear the bonus in its entirety, you must wager $25,000 in that short period of time. If those bonus credits are not unlocked by wagering in the first 90 days, they are forfeited. Lastly, bettors who have already deposited funds with DraftKings in other states are ineligible for the bonus – which is likely your best outcome.
The $1,000 risk-free bet from FanDuel provides the best value for new bettors in Louisiana.
Sports bettors in Louisiana must be at least 21 years of age to place a legal wager.
Absolutely. Nothing is stopping you from taking advantage of the most favorable welcome offers in Louisiana. In fact, creating accounts with multiple sportsbooks is the best way to maximize your chances of coming out on the winning end.
Usually, yes. Still, it's always a good idea to read over a welcome offer's terms and conditions to ensure you're comfortable with the wagering requirements and risks associated with any inaugural bets.
Michael Duchesne is a senior commercial content editor at Covers, who has been researching and reviewing products for more than a decade. The former travel publisher is all in on sports betting. When he's not supporting Covers' broad array of betting experts in making smarter sports bettors, you can find him by the BBQ, perfecting his cross-hatch marks.
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