Best Indiana Sportsbook Promos
It’s been almost five years since online sports betting launched in Indiana, in what is already a competitive market in the Hoosier State. This is good news for new bettors due to the amount of Indiana sportsbook promos that are available at the moment, and this will only grow as more sportsbooks launch. New users in Indiana can claim upwards of $4000 in bonuses by signing up for these sportsbooks, giving the Indiana sportsbook user a great chance to win big as they begin their betting journey.
Below, you will see a quick list of the best Indiana Sportsbook promos, which when claimed together can reward new users with over $4,000 worth of total bonuses. Click the links below to claim these offers as a new customer in the Hoosier State and start betting with some incredible offers.
Most Valuable Indiana Sportsbook Promos
There are a multitude of offers that new users can claim to win big with 13 online Indiana sports betting sites to choose from. We have outlined some of these promotions below and ranked them based on the total value they can bring to new Indiana sports bettors.
- BetMGM Sportsbook Indiana Promo – Use code ‘OCMAX1500’ when registering a new BetMGM Indiana account, and your first bet will be covered up to the value of $1500. This means you will either get a big win with your first bet, or get your stake refunded as bonus bets and be able to try again. You can bet anywhere from $10 to a maximum of $1500 with little risk.
- Caesars Sportsbook Indiana Promo – Bet $1, Get $150 or Double Your Winnings Your Next 10 Bets.
- Fanatics Sportsbook Indiana Promo – New Fanatics Sportsbook customers in Indiana can get a Bet $30, Get $300 in Bonus Bets promotion.
- DraftKings Sportsbook Indiana Promo – New DraftKings Sportsbook users in Indiana can claim this epic bet $5, get $200 guaranteed welcome bonus. It’s easy to claim as you simply need to bet $5 for your first wager with DraftKings and get $200 in additional bonuses right away. Your bet doesn’t even need to go on to win, to claim this bonus.
- FanDuel Sportsbook Indiana Promo – FanDuel Sportsbook is also offering users in Indiana the chance to claim a guaranteed bonus. Just Bet $5 and Get $250 If Your Bet Wins.
- bet365 Indiana Promo – bet365 is making waves in the US having rapidly expanded from the UK to across the pond. New Indiana bettors are being rewarded with their bet $5, get $150 guaranteed promotion. Bet $5 on your favorite sport in Indiana and claim $150 when your first bet settles (win or lose).
How Our Indiana Sportsbook Promos are Selected
There are a few important factors to consider when deciding which Indiana sportsbook promos are worth signing up for. Below we have outlined some of those key factors to enable us to let you know which Indiana sports betting sites meet these criteria and allow us to bring you the best welcome bonuses.
- Promotion Type – Sportsbooks employ several different ways of enticing users to sign up for a new account, but there are some that will suit different types of people. Generally speaking, the most popular offers tend to be the bet and get promos, that require users to wager a small amount in order to receive a larger reward in the form of bonus bets. For example, one common offer is a bet $5 and get $150 in bonus bets, which a lot of the leading sports betting sites use. Sometimes, sportsbooks will require your first bet to win, but these stipulations can change. The other popular alternative is the large first bet cover. Normally, Indiana sports betting sites using this type of offer will give away $1000s in first bet cover, geared towards higher-stakes players. These two types of promotion are what we look for from a sportsbook in Indiana.
- Eligibility – The idea is that promotions are available to as many people as possible, but the general rule of thumb is that you must be 21+ and located within the state lines of a legal betting state, in this case, Indiana. All of the promotions above are geared at new users, but we also like sportsbooks that we know offer existing users solid promotions daily as well.
- Maximum Bonus Available – This one is obvious, and ties in with the type of promotion, but we want Indiana sportsbook promo codes that reward users with the largest bonuses possible. Whether that be through first bet cover, or the more traditional bet and get, we want you to receive the biggest bonus possible for signing up to a sportsbook.
- Minimum Odds Requirement – One thing that can often be a sticking point for promotions, is that you need to meet a certain minimum odds requirement to secure your bonus. We are pleased to say that our Indiana sports betting promos either come without a minimum odds requirement, or the terms are generous enough that you can generally bet very naturally, rather than forcing a long-odds bet, just to unlock a promotion.
- First Bet Restrictions – Tying in with the minimum odds requirement, it is also favorable when a sportsbook lets you wager on any sport of your choice, to unlock a bonus. Ideally, you don’t want to be forced into betting on a sport you know little about or are not interested in, so Indiana sports betting promos that do not dictate a bet on a certain sport are far more desirable.
- Expiration Dates – We prefer that your Indiana sportsbook promo codes give you enough time to use your bonus bets without rushing to use them all at once. Having the freedom to spread your new bonuses out is vital. Typically, sportsbooks will give you 7 days to use your bonus bets, but this can vary.
You will be able to find all of this information on the landing page of any Indiana promo that you claim, so make sure you’re aware of the terms and conditions so you know exactly what you’re getting when signing up.
Below we are going to rank the current Indiana online sports betting promotions, to guide you to the best offers available in the Hoosier State.
Typically, bet and get promotions are the most popular with first bet bonuses also a common promo being offered. Another promotion that some sportsbooks will employ to get new users to join is deposit match bonuses, but there are currently none of these available.
1.- DraftKings Sportsbook Indiana Promo – Bet $5, Get $200 Guaranteed
DraftKings Sportsbook has cemented itself as a leader in the US sports betting markets for a number of reasons, one being its outstanding new user sports betting promos. New users from the IN sports betting market are in a position to win big with their latest offering, which is a bet $5 and get $200 promotion.
DraftKings has fought closely with FanDuel, who have both been dominating the scene in Indiana since launching in October 2019. These two sportsbooks tend to occupy the one and two positions in the market for most US states among users, and with DraftKings being one of the highest-rated betting apps in America (4.7/5 on the Apple App Store based on 6000+ reviews) it is one of the most beneficial accounts to have.
One of the key reasons why DraftKings is so popular in Indiana is down to their exciting welcome bonuses and existing user promotions. Their latest offering for those that sign up now is one of the best on the market currently, and you do not want to miss out on $200 in bonus bets with just a $5 qualifying wager.
With the bet $5, get $200 DraftKings Indiana promo code, you can bet $5 on a sporting event of your choice, regardless of the odds, and as soon as this qualifying bet settles, you will receive $200 in bonus bets.
For example, you could place a $5 bet on the Indiana Pacers to win their next game, and even if they go on to lose, you will still be able to claim your $200 in bonus bets. Whether your first bet wins or loses has no direct impact on your bonus. You will receive the same bonus amount ($200) no matter what. If your qualifying bet does win, you will also get to keep the profits from your initial $5 bet on top of the $200 bonus.
The low first-bet stake is a big selling point of this DraftKings offer, but another key factor is the low deposit. Knowing you not only get your bonus with a $5 bet but also only have to deposit $5 is huge. Some sportsbooks in Indiana also offer bet and get promotions, with a $5 stake, but they will ask you to deposit at least $10 first.
The terms of the DraftKings Colorado promo are as follows:
- Minimum Deposit - $5.
- Minimum Bet - $5.
- Bonus - $200 in Bonus Bets Guaranteed.
- Expiry Date – 7 Days (168 hours) from Date of Issue.
- How Bonus is Issued – delivered as 8 x $25 Bonus Bets.
- Bonus Bets Usage – All bonuses are single-use, non-cashable, non-withdrawable, must be wagered 1x before any resulting cash winnings can be withdrawn and stake is not included in winnings.
- Offer Expiration Date – Valid from 4/15/2024 to 5/6/2024.
Pros and Cons of DraftKings Indiana
Pros: One of the best Indiana sportsbook bonuses, Large choice of betting options, Reputable and trustworthy sportsbook.
Cons: Not the quickest to update live betting odds, Terms of welcome bonus are generous, but daily odds boost come with restrictive maximum stakes.
2.- FanDuel Sportsbook Indiana Promo – Bet $5, Get $250 If Your Bet Wins
FanDuel is one of the top sportsbooks all over the US, including Indiana and it’s easy to see why. Users get to benefit from some great features such as competitive odds, exciting existing user promotions, and an enticing welcome bonus which have contributed to a huge, loyal customer base.
The FanDuel Sportsbook app is rated 4.9/5 on the Apple App Store, and with over 1 million reviews, it is easy to see why FanDuel is so popular in Indiana, and many other States across the US.
You do have to make a $10 first-time deposit to unlock this FanDuel promo, despite the minimum bet being $5, which is another reason that we favor DraftKings slightly in the Indiana online betting market.
The terms of the FanDuel promo are as follows:
- Minimum Deposit - $10.
- Minimum Bet - $5.
- Bonus - Bet $5, Get $250 If Your Bet Wins
- Expiry Date – 7 Days from Date of Issue.
- Bonus Bets Usage – All bonuses are single-use, non-cashable, non-withdrawable, must be wagered 1x before any resulting cash winnings can be withdrawn and stake is not included in winnings.
Pros and Cons of FanDuel Sportsbook Indiana
Pros: Strong welcome bonus, One of the first sportsbooks to launch in Indiana so well-trusted, Good Live Streaming Options.
Cons: Can be slow to pay bonus bets (up to 72 hours), Lower bonus offer than DraftKings, $10 minimum deposit.
3.- bet365 Indiana Promo – Bet $5, Get $150 Win or Lose or $1000 First Bet Safety Net
bet365 is one of the lesser-known sportsbooks in the US having made a name for itself in the UK, but it is growing at a rapid rate as more and more bettors discover the advantages that this sportsbook provides.
bet365 still has some way to go to challenge DraftKings and FanDuel, but users who do sign up and bet with bet365 Indiana still tend to have a good experience overall. With a 4.8/5 rating on the Apple App Store, users are clearly enjoying the experience of betting with bet365 Indiana. Outside of the main two sportsbooks mentioned previously, we think bet365 is definitely a great option to go with as your secondary sportsbook.
bet365’s Indiana welcome bonus is very similar to FanDuel’s, showing they are already looking to rival the big sportsbooks in the US by attracting as many people as possible to its app and website. New users in Indiana can get $150 in bonus bets when they first register and bet $5 on any sport. There is also no requirement to win the qualifying wager, so the bonus will be credited regardless. The only requirement is that you must place a bet with minimum odds of -500, but this shouldn’t affect the way in which users bet too much, as it won’t force you into betting on a market with poor potential winnings.
Another thing that sets bet365 apart from others is that it also offers an alternative promotion for new users, which is to protect your first bet up to $1000. This might be the better option for those who would prefer to bet big from the start and have the chance to win even bigger than the $150 promotion.
The terms of the bet365 Indiana promo are as follows:
- Minimum Deposit - $10.
- Minimum Bet - $5.
- Bonus - $150 in Bonus Bets Win or Lose or $1000 First Bet Safety Net.
- Expiry Date – 7 Days from Date of Issue.
- How Bonus is Issued – delivered in multiple bonus bets, totaling $150, or up to $1000 if losing with your first bet.
- Bonus Bets Usage – Your Bonuses are non-withdrawable and are excluded from any returns. Any returns from Bonus Bets placed will be added to your withdrawal balance. Bonuses cannot be used on certain products, offers/promotions, and bet types. See full Terms and Conditions for details.
- Offer Expiration Date – Valid until 4/25/2024.
Pros and Cons of bet365 Indiana
Pros: Intuitive menus, Choice of two generous welcome bonuses, Competitive odds and markets.
Cons: Must meet a minimum odds requirement to claim.
4.- BetMGM Indiana Promo – Get Your First Back up to $1500 if Your Bet Doesn’t Win
BetMGM has been live in Indiana for over four years now, having made a name for itself as a casino in Las Vegas. Since it decided to venture into online sports betting, BetMGM has gone from strength to strength and has established itself as one of the go-to sportsbooks among users in Indiana.
They have managed to attract various celebrity personalities such as Jamie Foxx, Vanessa Hudgens, and Tom Brady to advertise with them and encourage people to use their sportsbook. They have backed up their strong commercial success with the success of their online sportsbook, which is slowly becoming a juggernaut in the online sports betting industry.
BetMGM welcomes users in Indiana with the biggest individual bonus on the market. They will cover your first bet up to $1,500 and pay your stakes out in bonus bets if you lose.
To be able to benefit fully from this bonus, your first bet with BetMGM must be $1,500, which may not appeal to some users, but for big-stakes players, this is ideal. If your bet fails, then your stake will be refunded as bonus bets, taking away the stress of losing out on your stake altogether.
The terms of the BetMGM Indiana promo are as follows:
- Minimum Deposit - $10.
- Minimum Bet - $10.
- Bonus - $1500 First Bet Offer – Bet up to $1500 and get your money back if you lose.
- Expiry Date – 7 Days from Date of Issue.
- How Bonus is Issued – If you bet $50 or less and your bet fails, you will receive one bonus bet equal to your original stakes. If you bet $51 or more, you will be paid out as five (5) Bonus Bets back in equal denominations of 20% of the total amount of the Qualifying Bet. If you bet and lost $1500 for example, you would receive 5 x $300 bonus bets.
- Bonus Bets Usage – Bonuses cannot be redeemed for cash at any time or withdrawn from Participant’s account. Participant cannot “Cash Out” its Bonus Bet(s).
- Offer Expiration Date – Valid until 12/31/2024.
Pros and Cons of BetMGM Indiana
Pros: Great Rewards program, Good for high-stakes players, Regular promotions.
Cons: Initial welcome bonus won’t appeal to every user, Customer Service can be slow to respond.
5.- Fanatics Sportsbook Indiana Promo – Bet and Get up to $1000 in Bonus Bets
Many will have heard of Fanatics as it’s probably best known as an online retailer selling sports merchandise, but they have also launched a successful sportsbook that operates in Indiana. Fanatics Sportsbook launched in Indiana in February 2024 and has already been well received in the Hoosier State.
The terms of the Fanatics Sportsbook Indiana promo are as follows:
- Bonus - Bet $30, Get $300 in Bonus Bets
Pros and Cons of Fanatics Sportsbook Indiana
Pros: Excellent Rewards program (FanCash), Solid betting app, useful withdrawal tracker feature.
Cons: Not everyone wants to wager $100 every day for 10 days to claim the $1000 bonus.
Best Sportsbooks Available in Indiana for Promos
In this section, we will confirm a list of all the best sportsbooks available to users in Indiana, and how they will benefit you.
DraftKings Sportsbook Indiana
As will be the case in many US states, DraftKings will be the leading sportsbook. They certainly lead the way in terms of bet and get promotions as they offer the greatest reward ($200) for a small wager of $5. You can’t get a bigger bonus anywhere else from a bet and get promotion in Indiana, so this is definitely one to take advantage of. There is room for improvement in certain categories, like its max stakes on odds boosts, but is otherwise a very good betting experience.
- App Store Rating: 4.8/5.
- Standout Features: Modern interface makes DraftKings App user friendly, Good Existing User Promotions, Solid Rewards Program.
- DraftKings IN Bonus: Bet $5, Get $200 Guaranteed.
- DraftKings IN Bonus Code: No Code Required.
FanDuel Sportsbook Indiana
As most people will agree, FanDuel is one of the best sportsbooks in the US and competes with DraftKings in many ways. They often provide users with exciting sportsbook offers as well as partner promotions such as NFL Sunday Ticket and NBA League Pass. FanDuel also works with streaming companies such as MAX and Paramount to offer cheaper streaming service options to users too.
- App Store Rating: 4.9/5.
- Standout Features: Original home of the Same Game Parlay, Excellent all-user promotions, Easy-to-use betting app.
- FanDuel IN Bonus: Bet $5, Get $250 If Your Bet Wins.
- FanDuel IN Bonus Code: No Code Required.
bet365 Indiana
bet365 currently operates in 10 states, including Indiana, and looks set to grow further in the future. They are one of the most successful sportsbooks in the UK and seem determined to do the same in the US. As the leading entity in the UK sports betting market, they know a thing or two about making sure customers are satisfied and how to retain them. This makes them a trustworthy sportsbook and is definitely worth signing up for.
- App Store Rating: 4.8/5.
- Standout Features: Best app for Live Streaming in Indiana, bet365 Super Boosts are always popular, Simplistic app that suits many users.
- bet365 CO Bonus: Bet $5, Get $150 Win or Lose.
- bet365 CO Bonus Code: ‘CHECK’.
BetMGM Indiana
The self-proclaimed ‘King of Sportsbooks’ has set high expectations from their tagline alone, but they seem to back it up with their online sports betting promo code. They have a habit of offering exciting promotions, as well as a few star-studded commercials, and an easy-to-use betting app and website to confirm their status as one of the best. Online sports bettors in Indiana should expect a wide array of markets, with good betting promotions and reasonably competitive odds.
- App Store Rating: 4.7/5.
- Standout Features: Biggest welcome bonus in Indiana, Edit My Bet option is a nice feature.
- BetMGM Sportsbook IN Bonus: Get up to $1500 back in bonus bets if your first bet loses.
- BetMGM IN Bonus Code: ‘OCMAX1500’.
Caesars Sportsbook Indiana
Caesars Sportsbook knows exactly how to look after its customers, with its rewards program and competitive promotions. Loyalty is at the heart of what they offer in Indiana and across the country as they provide a good reason for bettors to keep coming back and use their app or website to bet on their favorite sports.
- App Store Rating: 4.7/5.
- Standout Features: Reliable betting app, Good Existing User promotions, Caesars Rewards system encourages loyalty.
- Caesars Sportsbook IN Bonus: Bet $1, Get $150 or Double Your Winnings Your Next 10 Bets.
- Caesars IN Bonus Code: ‘OC1000’.
Fanatics Sportsbook Indiana
Fanatics Sportsbook has risen quickly in Indiana and the US, but has shown it is worthy of being among the top sportsbooks that are available in the Hoosier State. Combined with an lucrative welcome bonus and a rewards program that any sports fan would get behind, FanCash, it’s easy to see why bettors are turning to Fanatics Sportsbook as one of their secondary betting accounts.
- App Store Rating: 4.7/5.
- Standout Features: FanCash Rewards System, Impressive betting app, NFL live streaming.
- Fanatics Sportsbook IN Bonus: Bet $30, Get $300 in Bonus Bets
- Fanatics Sportsbook IN Bonus Code: N/A.
Complete List of 13 Online Indiana Sportsbooks
Here is the list of all the 13 Indiana Online Sportsbooks that are legal and regulated in the Hoosier State:
- FanDuel
- DraftKings
- Caesars
- BetRivers
- BetMGM
- Fanatics Sportsbook
- Betway
- Unibet
- SBK Sportsbook
- ESPN BET
- Hard Rock
- Bally Bet
- bet365
Indiana Sports Betting Facts and Information
Here are some key facts about the Indiana sports betting market, that will give you an insight into what to expect from the Hoosier State’s betting experience.
- Gov. Eric Holcomb signed HB 1015 into law on May 8, 2019. The first retail sportsbooks in the Hoosier State started accepting legal wagers on September 1, 2019.
- The legal age for betting in Indiana is 21+.
- Indiana currently offers legal retail sports betting at 15 separate locations.
- Indiana is one of the few states that allows users to bet on the NFL Draft.
- The Indiana Gaming Commission does not allow betting on politics.
- Indiana’s total handle in 2023 was $4.33 billion which created a tax revenue of $38.9 million.
